Core Insights - RenaissanceRe Holdings Ltd. (NYSE:RNR) is recognized as a strong long-term investment option by hedge funds, with Q4 2025 financial results showing significant earnings growth [1] Financial Performance - The company reported operating earnings of $13.34 per share for Q4 2025, surpassing analyst expectations by approximately 28% [1] - Net income per diluted common share on a GAAP basis was $16.75 [1] - Underwriting income increased to $669 million in Q4 2025, a substantial rise from $209 million in the same quarter the previous year [2] - The overall combined ratio improved to 71.4%, significantly better than the estimated range of 86-91.3% [3] Catastrophe Impact - The lower combined ratio was attributed to reduced catastrophe impacts, with Hurricane Melissa contributing only 10.6% to the property segment's loss ratio, compared to 47.3 percentage points from large loss events in Q4 2024 [2] Strategic Insights - The company's "Three Drivers of Profit" contributed 15 points to the annual return, showcasing a strategy designed to manage volatility from large loss events [3] - Annual operating income reached $1.9 billion, despite a $786 million net negative impact from large events throughout the year [3] - The diversified strategy allowed the company to maintain an 18.2% operating return on average common equity [3] Company Overview - RenaissanceRe Holdings Ltd. is a Bermuda-based global provider of reinsurance and insurance solutions, specializing in catastrophe reinsurance and specialty risk coverage [4]