RenaissanceRe: Buyback Machine, Great Valuation

Core Insights - RenaissanceRe Holdings reported one of the strongest quarters in its history, with an operating return on equity of 24% and earnings per share (EPS) of $17.25, marking their third-best quarter ever [1] - The company's underwriting income saw a significant increase, indicating strong performance in its core business operations [1] Financial Performance - Operating return on equity reached 24%, showcasing the company's effective management and profitability [1] - EPS of $17.25 represents a notable achievement, being the third-highest quarterly result in the company's history [1] - The increase in underwriting income suggests robust growth in the company's insurance and reinsurance segments [1]