RenaissanceRe Holdings Ltd. provided earnings guidance for the fourth quarter of 2020. For the quarter, the company expected net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders. In addition, the Company currently estimates that losses related to the COVID-19 pandemic will have an estimated net negative impact of approximately $175 million on its fourth quarter 2020 results of operations. This estimated net negative impact is primarily driven by approximately $165 million of losses in the Property segment, principally representing the cost of claims incurred but not yet reported, with respect to exposures such as business interruption coverage, and with the balance pertaining to the Casualty and Specialty segment.