RenaissanceRe Hlds

RenaissanceRe Holdings Ltd. engages in the provision of reinsurance and insurance services. It operates through the following segments: Property, Casualty and Specialty, and Other. The Property segment comprises catastrophe, and other property reinsurance and insurance. The Casualty and Specialty segment deals with casualty and specialty reinsurance and insurance. The Other segment includes strategic investments, investments unit, corporate expense, capital servicing costs, and non-controlling interests. The company was founded by Neill A. Currie on June 7, 1993, and is headquartered in Pembroke, Bermuda.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

RenaissanceRe (RNR) excels in Q4 2022, eyes growth opportunities

RenaissanceRe Hlds (RNR) showcased strong financial performance in Q4 2022, driven by profitability across segments and robust investment income growth.
Despite challenges such as market fluctuations and regulatory dynamics, the company's strategic strengths and growth opportunities position it well for future success.
With a focus on adaptability, market leadership, and capital attraction, RenaissanceRe is poised to navigate challenges and leverage opportunities for sustained growth.

RenaissanceRe Hlds (RNR) reports robust Q1 performance and growth opportunities

RenaissanceRe Hlds (RNR) demonstrated strong financial performance in Q1 2023, with a focus on disciplined underwriting and portfolio optimization. The company's Property segment excelled, while challenges in Casualty business were addressed. Opportunities lie in capitalizing on reinsurance demand and optimizing the business mix for sustained growth.

RenaissanceRe Hlds reports strong Q2 results and strategic growth

RenaissanceRe Hlds (RNR) showcased strong financial performance and strategic progress in Q2, driven by the Validus acquisition and adaptability in the property catastrophe market.
Despite challenges in reinsurance purchasing programs and market uncertainties, RenRe's operational efficiency, market understanding, and synergies position it well for future growth.
The company's focus on staying ahead of cost trends, maintaining a balanced portfolio, and offering differentiated solutions underscores its resilience and competitive edge in the industry.
RenRe's ability to address challenges, capitalize on opportunities, and drive shareholder value through integration and strategic initiatives marks a positive outlook for its future performance.

RenaissanceRe Hlds excels in Q3 post-Validus acquisition, eyes growth

RenaissanceRe Hlds showcased robust performance in Q3, driven by the successful Validus acquisition and strong underwriting results.
While facing challenges such as potential tax changes and investment strategy adjustments, the company remains well-positioned in attractive markets.
Strategic strengths, growth opportunities, and prudent risk management strategies position RenaissanceRe for continued success and shareholder value creation.

RenaissanceRe Hlds reports robust Q4 earnings post-Validus acquisition

RenaissanceRe Hlds had a strong financial performance in Q4 2023, driven by the Validus acquisition. While challenges like increased expenses exist, the company is focused on leveraging opportunities for growth in various geographical areas and lines of business.

RenaissanceRe Hlds (RNR) excels in Q1 2024, eyes growth opportunities

RenaissanceRe Hlds (RNR) reports a robust Q1 2024 performance, emphasizing strong financial results, strategic focus on Validus acquisition milestones, and efficient expense management. The company's resilience to losses, proactive risk management, and focus on growth opportunities position it well for the future.

RenaissanceRe Hlds (RNR) reports stellar Q2 results and outlines growth strategies

RenaissanceRe Hlds (RNR) showcased impressive financial performance, marked by strong returns and underwriting income growth. The company's strategic strengths lie in its competitive reinsurance rates, stable operations, and effective capital management. Addressing challenges in specific segments and seizing growth opportunities will be key for future success.

RenaissanceRe (RNR) reports robust Q3 earnings, eyes growth opportunities

RenaissanceRe's Q3 2024 earnings reflect strong performance and strategic decisions to drive growth and profitability. The company's focus on maintaining market position, managing capital effectively, and seeking growth opportunities positions it well for the future.

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RenaissanceRe Holdings Ltd. engages in the provision of reinsurance and insurance services. It operates through the following business segments: Property, Casualty and Specialty, and Other. The Property segment focuses on catastrophe, and other property reinsurance and insurance. The Casualty and Specialty segment deals with casualty and specialty reinsurance, and insurance. The Other segment includes strategic investments, investments unit, corporate expense, capital servicing costs, and non-controlling interests. The company was founded by Neill Alexander Currie on June 7, 1993, and is headquartered in Pembroke, Bermuda.

RenaissanceRe (RNR) came out with quarterly earnings of $8.79 per share, beating the Zacks Consensus Estimate of $7.58 per share. This compares to earnings of $5.51 per share a year ago.

RenaissanceRe (RNR) Q2 Earnings and Revenues Surpass Estimates

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the second quarter of 2023. Net Income Available to Common Shareholders per Diluted Common Share: $4.09 Operating Income Available to Common Shareholders per Diluted Common Share*: $8.79 Underwriting Income $351.0M Fee Income $56.7M Net Investment Income $292.7M Change in Book Value per Common Share: 11.6% Change in Tangible Book Value per Comm.

RenaissanceRe Reports Q2 2023 Net Income Available to Common Shareholders of $191.0 Million; Operating Income Available to Common Shareholders of $407.4 Million

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Strong Mid-Cap Insider Buys: Q2 2023

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Robin Lang will assume the role of Group Chief Risk Officer on a permanent basis on September 1, 2023. Mr. Lang has been RenaissanceRe's Interim Chief Risk Officer since April 2023 and will succeed Ian Branagan in the role. Mr. Branagan is currently on compassionate leave, and going forward will serve as a senior advisor to the Company. Kevin O'Donnell, President and Chief Executive Officer of Renai.

RenaissanceRe Names Robin Lang Group Chief Risk Officer

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, July 26, 2023, at 11:00 a.m. ET to discuss its financial results for the second quarter of 2023, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, July 25, 2023. A live webcast of the conference call will be available through the Investors section of Renai.

RenaissanceRe Schedules Second Quarter 2023 Financial Results Conference Call

An improvement in the top line led by higher premiums, fees and net investment income should poise RenaissanceRe (RNR) well for growth.

Here's Why You Should Hold RenaissanceRe (RNR) in Your Portfolio

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) celebrates its 30th anniversary today. The Company was founded in Bermuda in 1993 as an underwriter of property catastrophe and specialty reinsurance and has evolved into a leading global property, casualty and specialty reinsurer with platforms in seven countries and $9.2B in gross written premium in 2022. Kevin J. O'Donnell, President and Chief Executive Officer, said, “When Renaissa.

RenaissanceRe Holdings Ltd. Celebrates 30th Anniversary

RenaissanceRe (RNR) reported earnings 30 days ago. What's next for the stock?

Why Is RenaissanceRe (RNR) Down 12.2% Since Last Earnings Report?

RenaissanceRe (RNR) intends to use the transaction proceeds primarily for financing a part of the cash consideration for the Validus acquisition.

RenaissanceRe (RNR) Prices Senior Notes Offering Worth $750M

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the “Company”) announced today that it has agreed to sell in an underwritten public offering $750 million aggregate principal amount of 5.750% Senior Notes due 2033. The Company expects to close the offering on or about June 5, 2023, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering to fund a portion of the cash consideration fo.

RenaissanceRe Holdings Ltd. Announces Pricing of $750 Million Senior Notes Offering

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today the pricing of an underwritten public offering of 6,300,000 of its common shares at a price to the public of $192.00 per share, before underwriting discounts and commissions. The offering is expected to close on May 26, 2023, subject to customary closing conditions. The Company intends to use the net proceeds from this offering to fund a portion of the cash consideratio.

RenaissanceRe Announces Pricing of Public Offering of 6,300,000 Common Shares

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of RenaissanceRe Holdings Ltd. (RenaissanceRe) (Bermuda) [NYSE: RNR] and its various affiliated entities are unchanged following RenaissanceRe's announcement from May 22, 2023, that it had entered into a definitive agreement to acquire the treaty reinsurance business of American International Group, Inc. (AIG) (headquartered in New York, NY) [NYSE: AIG]. The business to be acquired by RenaissanceRe includes.

AM Best Comments on Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries Following Announced Acquisition of Validus Reinsurance Ltd.

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that it has commenced an underwritten public offering of 6,300,000 of its common shares. The Company intends to use the net proceeds from this offering to fund a portion of the cash consideration for the previously announced acquisition of certain subsidiaries of American International Group, Inc., including Validus Holdings, Ltd., Validus Specialty, LLC and Validus Rei.

RenaissanceRe Announces Public Offering of 6,300,000 Common Shares

RenaissanceRe Holdings Ltd. RNR, -4.94% said late Monday it has agreed to buy American International Group Inc.'s AIG, +0.20% treaty reinsurance business, which includes Validus Reinsurance Ltd.

RenaissanceRe to buy AIG's Validus Re for $2.985 billion

NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that it has entered into a definitive agreement to sell Validus Re, including AlphaCat and the Talbot Treaty reinsurance business, to RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) for $2.985 billion, consisting of $2.735 billion in cash and $250 million in RenaissanceRe common shares. In addition, AIG will receive all capital in excess of $2.1 billion of shareholders' equity of Validus Re and achieve.

AIG to Sell Validus Re to RenaissanceRe

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) today announced it has entered into a definitive agreement with American International Group, Inc. (“AIG”), whereby RenaissanceRe will acquire AIG's treaty reinsurance business, which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd. and its managed funds, and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot (collectively, “Validus Re”). AIG.

RenaissanceRe Holdings Ltd. Advances Strategy with $2.985 Billion Acquisition of Validus Re

RenaissanceRe Holdings Ltd. (NYSE:RNR ) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET Company Participants Keith McCue - SVP, Finance and IR Kevin O'Donnell - President and CEO Bob Qutub - EVP and CFO Conference Call Participants Elyse Greenspan - Wells Fargo Ryan Tunis - Autonomous Josh Shanker - Bank of America Yaron Kinar - Jefferies Pablo Singzon - JPMorgan Derek Han - KBW Operator Good morning.

RenaissanceRe Holdings Ltd. (RNR) Q1 2023 Earnings Call Transcript

RenaissanceRe (RNR) came out with quarterly earnings of $8.16 per share, beating the Zacks Consensus Estimate of $7.34 per share. This compares to earnings of $3.50 per share a year ago.

RenaissanceRe (RNR) Beats Q1 Earnings and Revenue Estimates

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the first quarter of 2023. Net Income Available to Common Shareholders per Diluted Common Share: $12.91 Operating Income Available to Common Shareholders per Diluted Common Share*: $8.16 Underwriting Income $369.6M Fee Income $44.8M Net Investment Income $254.4M Change in Book Value per Common Share: 11.3% Change in Tangible Book Value per Comm.

RenaissanceRe Reports Q1 2023 Net Income Available to Common Shareholders of $564.1 Million; Operating Income Available to Common Shareholders of $360.0 Million.

RenaissanceRe (RNR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RenaissanceRe (RNR) Earnings Expected to Grow: Should You Buy?

PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 3, 2023, at 11:00 a.m. ET to discuss its financial results for the first quarter of 2023, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, May 2, 2023.

RenaissanceRe Schedules First Quarter 2023 Financial Results Conference Call

RenaissanceRe (RNR) remains well-poised for growth on the back of solid Property and, Casualty and Specialty segments. Solid cash-generating abilities enable prudent capital deployment.

Here's Why RenaissanceRe (RNR) Stock Seems to be a Lucrative Bet

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