Core Viewpoint - RenaissanceRe (RNR) is expected to report quarterly earnings of $7.61 per share, reflecting a 35.3% decline year-over-year, while revenues are forecasted to increase by 14% to $2.99 billion [1] Earnings Estimates - Analysts have revised the consensus EPS estimate down by 0.4% over the past 30 days, indicating a collective reassessment of projections [1][2] Revenue Projections - The estimated 'Revenues- Net premiums earned' is projected to be $2.56 billion, showing a year-over-year increase of 13.9% [4] - 'Revenues- Equity in earnings (losses) of other ventures' is estimated at $8.01 million, indicating a significant decline of 48% year-over-year [4] - 'Revenues- Net investment income' is expected to reach $430.26 million, reflecting a 14.1% increase year-over-year [5] - 'Net premiums earned- Property' is forecasted at $969.75 million, representing a 9.7% increase year-over-year [5] Key Ratios - The 'Net Claims and Claim Expense Ratio' is estimated at 60.7%, up from 43.5% in the same quarter last year [5][6] - The 'Underwriting Expense Ratio' is projected to be 31.9%, slightly down from 32.5% reported in the previous year [6] - The 'Combined Ratio' is expected to be 92.6%, compared to 76% in the same quarter last year [6] Segment-Specific Metrics - For the Casualty and Specialty Segment, the 'Net Claims and Claim Expense Ratio' is estimated at 64.0%, up from 62.7% last year [7] - The 'Underwriting Expense Ratio - Casualty and Specialty Segment' is projected to be 33.7%, down from 34.6% in the previous year [7] - The 'Combined Ratio - Casualty and Specialty Segment' is expected to be 97.7%, slightly up from 97.3% last year [8] - The 'Underwriting Expense Ratio - Property Segment' is forecasted at 29.9%, compared to 29.1% in the same quarter last year [8] - The 'Net Claims and Claim Expense Ratio - Property Segment' is projected to be 58.5%, significantly higher than the 14% reported last year [9] Stock Performance - RenaissanceRe shares have increased by 2.5% over the past month, slightly underperforming the Zacks S&P 500 composite, which rose by 2.7% [11]
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