RenaissanceRe Holdings Ltd. Contents | | Page | | --- | --- | | Basis of Presentation | i | | Financial Highlights | 1 | | Summary Consolidated Financial Statements | | | a. Consolidated Statements of Operations | 3 | | b. Consolidated Balance Sheets | 4 | | Underwriting and Reserves | | | a. Consolidated Segment Underwriting Results | 5 | | b. Consolidated and Segment Underwriting Results - Five Quarter Trend | 7 | | c. Property Segment - Catastrophe and Other Property Underwriting Results | 10 | | d. Gros ...

Analysts on Wall Street project that RenaissanceRe (RNR) will announce quarterly earnings of $10.28 per share in its forthcoming report, representing a decline of 17.2% year over year. Revenues are projected to reach $2.96 billion, increasing 0.2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimat ...

The market expects RenaissanceRe (RNR) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

A month has gone by since the last earnings report for RenaissanceRe (RNR) . Shares have added about 4.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is RenaissanceRe due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It tu ...

Group 1 - The article discusses the undervalued preferred stocks of RenaissanceRe Holdings Ltd. (NYSE: RNR), highlighting their high ratings on the exchange and attractive yield spread [1] - The investment group Trade With Beta offers features such as frequent picks for mispriced preferred stocks, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [1] - The analyst has a beneficial long position in the shares of RNR.PR.G, indicating confidence in the investment opportunity presented [1]

Shares of RenaissanceRe (NYSE: RNR ) have been a solid performer over the past year, adding about 10%. Still, the stock is down over 10% from its highs before the California wildfires increased loss expectations. Q1 results showed the damage created by these fires, thoughOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a questio ...

Shares of RenaissanceRe Holdings Ltd. (RNR) have risen 0.9% since it reported first-quarter 2025 results on April 23. The quarterly revenues were aided by strong premium growth in the property segment. Higher net investment income also benefited the quarterly performance. However, the upside was offset by an elevated expense level due to the California Wildfires.RenaissanceRe reported a first-quarter 2025 operating loss of $1.49 per share, which missed the Zacks Consensus Estimate by 365.6%. Additionally, t ...

Financial Data and Key Metrics Changes - The company reported a modest operating loss for Q1 2025, but a profit on a net GAAP basis due to diversification and favorable mark-to-market gains in the investment portfolio [18][19] - Tangible book value per share plus accumulated dividends increased quarter over quarter despite catastrophe losses and $380 million returned to shareholders through dividends and share repurchases [19][31] - The annualized return on average common equity was reported at 7% despite significant insured losses [30] Business Line Data and Key Metrics Changes - Underwriting income was significantly impacted, reporting a loss of $771 million, while net investment income remained strong at $45 million [32][33] - Property catastrophe gross premiums written increased by 24% to $1.7 billion, and net premiums written rose by 33% to $1.4 billion, driven by reinstatement premiums from the California wildfires [37] - The casualty and specialty combined ratio was reported at 111%, with an adjusted combined ratio of 109%, reflecting the impact of large events [45] Market Data and Key Metrics Changes - The company noted that the property market is in exceptional shape compared to historical standards, with increased rates and retentions since 2023 [96] - Demand for reinsurance in Florida is growing, with strong pricing expected due to increased risk moving back into the private market [100] - The casualty market is showing signs of improvement, with rates increasing and better claims management being observed [104][106] Company Strategy and Development Direction - The company aims to preserve margins while continuing to grow tangible book value per share in the current environment [27] - The focus remains on underwriting profitability and capital management, with a strategy to repurchase shares at attractive valuations [28][53] - The company is positioned to benefit from increased risk aversion in a volatile macroeconomic environment [92] Management's Comments on Operating Environment and Future Outlook - Management acknowledged unprecedented uncertainty in the economic environment but expressed confidence in the company's ability to outperform due to its anti-correlated business model [7][10] - The company expects to continue delivering value to shareholders and is well-positioned for midyear renewals [92] - Management highlighted the resilience of the investment portfolio and the potential for increased demand for reinsurance as volatility rises [16][92] Other Important Information - The company repurchased $360 million of shares during the first quarter and continued to repurchase shares at attractive prices during the recent market sell-off [28][52] - The Bermuda corporate income tax of 15% was implemented, resulting in a corresponding tax expense, but the company reported an overall income tax benefit of $45 million [35] Q&A Session Summary Question: Impact of California fires on midyear renewals - Management indicated that the property market is in exceptional shape, with increased rates and retentions since 2023, and expressed confidence in the upcoming renewals [96][100] Question: Changes in casualty specialty combined ratio guidance - Management noted that the casualty market is improving, with stable trends and strong rates, leading to a cautious but optimistic outlook for the combined ratio [103][106] Question: Proportion of third-party ownership of catastrophe volume - Management stated that the allocation to Da Vinci remains stable, with no significant changes expected in the near future [110][111] Question: Reserve releases and management of the other property segment - Management clarified that favorable development in reserves was a byproduct of their annual review process and not a targeted focus [115][116] Question: Confidence in casualty reserves amidst adverse developments - Management expressed confidence in their underwriting and reserving processes, highlighting a well-balanced portfolio despite some adverse developments in certain lines [120][122]

RenaissanceRe (RNR) Q1 2025 Earnings Call April 24, 2025 05:43 PM ET Company Participants Keith McCue - Senior Vice President of Finance & Investor RelationsKevin O’Donnell - President & CEORobert Qutub - Executive VP & CFODavid Marra - Executive VP & Group Chief Underwriting OfficerElyse Greenspan - Managing DirectorJian (Bob) Huang - Executive DirectorMeyer Shields - Managing DirectorAndrew Andersen - Equity Research Vice President Conference Call Participants Josh Shanker - AnalystJimmy Bhullar - Equity ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14428 RENAISSANCERE HOLDINGS LTD. (Exact Name Of Registrant As Specified In Its Charter) (State or Other Jurisdiction of Incorporation or ...