RenRe to settle with SEC
RenaissanceRe Holdings has reported $154.8m in second quarter 2006 operating income compared to $170.4m in the second quarter of 2005, and has announced that it is negotiating a deal with the SEC over a forthcoming lawsuit.
Operating income excludes net realized investment losses of $24.3m and net realized investment gains of $1.6m in the second quarters of 2006 and 2005, respectively. Net income available to common
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