NU Online News Service, Oct. 28, 1:33 p.m. EDT

RenaissanceRe Holdings Ltd. management said higher investment income and less catastrophe losses improved third-quarter net income to $258.6 million, reversing last year's loss for the period of $231 million.

The net income figure translates as $4.12 per diluted common share, compared to a third-quarter 2008 per share net loss of $3.79.

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