RenaissanceRe (RNR) Soars 3.0%: Is Further Upside Left in the Stock?

RenaissanceRe (RNR) shares rallied 3% in the last trading session to close at $261.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.9% loss over the past four weeks. The upside can be attributed to RenaissanceRe's well-performing Property and Casualty & Specialty segments. Riding on the segments' performance, overall net premiums earned improved 43.8% year over year in the first half of 2024. Market disl ...