RenaissanceRe (RNR) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - RenaissanceRe reported $3.13 billion in revenue for Q1 2025, a 10.3$1.49, a significant decline from $12.18 a year ago, with a surprise of -365.63$0.32 [1] Financial Performance Metrics - The combined ratio was reported at 128.3%, higher than the estimated 113.5% by analysts [4] - The underwriting expense ratio was 27.5%, better than the average estimate of 30.2% [4] - The net claims and claim expense ratio for the calendar year was 100.8%, exceeding the estimated 83.4% [4] - Net investment income was $405.35 million, slightly below the average estimate of$428.77 million, but a 3.7% increase year-over-year [4] - Net premiums earned totaled $2.72 billion, surpassing the estimate of$2.47 billion, reflecting an 11.3% year-over-year increase [4] - Equity in earnings of other ventures was $17.83 million, exceeding the estimate of$9.43 million, marking a 26.2% year-over-year increase [4] - Net premiums earned in the property segment were $1.25 billion, significantly higher than the estimated$956.47 million, representing a 33.3% year-over-year increase [4] - Net premiums earned in the casualty and specialty segment were $1.47 billion, slightly below the estimate of$1.52 billion, showing a -2.3% year-over-year change [4] - Other income was reported at $0.91 million, significantly lower than the estimated$2 million, indicating a -1928% year-over-year change [4] Stock Performance - RenaissanceRe shares returned +1.8% over the past month, contrasting with the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]