RenaissanceRe reports Q2 operating EPS $12.41, consensus $10.64

Reports Q2 revenue $2.828B vs $1.853B last year. Kevin O’Donnell, President and Chief Executive Officer, said, “We delivered another excellent quarter driven by strong underlying performance from each of our Three Drivers of Profit – underwriting, investment and fee income. The Validus transaction continues to accrete significant value to our shareholders by delivering substantial growth in both premium and invested assets in one of the most favorable business environments in our history. Going forward, our consistent strategy and strong execution will enable our excellent performance to persist and allow us to grow shareholder value at an industry-leading pace.”