RenaissanceRe Holdings Ltd. (RNR)
| Market Cap | 10.03B |
| Revenue (ttm) | 7.92B |
| Net Income (ttm) | 1.40B |
| Shares Out | 51.17M |
| EPS (ttm) | 31.14 |
| PE Ratio | 6.29 |
| Forward PE | 6.33 |
| Dividend | $1.52 (0.78%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 345,619 |
| Open | 194.50 |
| Previous Close | 194.75 |
| Day's Range | 193.25 - 196.61 |
| 52-Week Range | 174.22 - 227.16 |
| Beta | 0.31 |
| Analysts | Buy |
| Price Target | 234.11 (+19.44%) |
| Earnings Date | Jan 30, 2024 |
About RNR
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes,... [Read more]
Financial Performance
In 2022, RNR's revenue was $5.06 billion, a decrease of -4.12% compared to the previous year's $5.28 billion. Losses were -$1.10 billion, 1393.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for RNR stock is "Buy." The 12-month stock price forecast is $234.11, which is an increase of 19.44% from the latest price.
News
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.38 per common share ...
RenaissanceRe Reports Q3 2023 Net Income Available to Common Shareholders of $194.0 Million; Operating Income Available to Common Shareholders of $422.3 Million
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the third quarter of 2023. Net Income Available...
RenaissanceRe Completes Acquisition of Validus Re
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that it has concluded its acquisition of Validus Re, the treaty reinsurance business of American Internation...
RenaissanceRe Schedules Third Quarter 2023 Financial Results Conference Call
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, November 2, 2023, at 11...
Insurance companies in the spotlight as Hurricane Idalia approaches Florida
Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida's upper Gulf Coast prepared for the landfall of Hurricane Idalia as a Category 4 storm. P...
RenaissanceRe Reports Q2 2023 Net Income Available to Common Shareholders of $191.0 Million; Operating Income Available to Common Shareholders of $407.4 Million
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the second quarter of 2023. Net Income Availabl...
RenaissanceRe Names Robin Lang Group Chief Risk Officer
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Robin Lang will assume the role of Group Chief Risk Officer on a permanent basis on September 1, 2023. ...
RenaissanceRe Schedules Second Quarter 2023 Financial Results Conference Call
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, July 26, 2023, at 11:0...
RenaissanceRe Holdings Ltd. Celebrates 30th Anniversary
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) celebrates its 30th anniversary today. The Company was founded in Bermuda in 1993 as an u...
RenaissanceRe Holdings Ltd. Announces Pricing of $750 Million Senior Notes Offering
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the “Company”) announced today that it has agreed to sell in an underwritten public offering $750 million...
RenaissanceRe Announces Pricing of Public Offering of 6,300,000 Common Shares
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today the pricing of an underwritten public offering of 6,300,000 of its common...
AM Best Comments on Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries Following Announced Acquisition of Validus Reinsurance Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of RenaissanceRe Holdings Ltd. (RenaissanceRe) (Bermuda) [NYSE: RNR] and its various affiliated ent...
RenaissanceRe Announces Public Offering of 6,300,000 Common Shares
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that it has commenced an underwritten public offering of 6,300,000 of its...
RenaissanceRe to buy AIG's Validus Re for $2.985 billion
RenaissanceRe Holdings Ltd. RNR, -4.94% said late Monday it has agreed to buy American International Group Inc.'s AIG, +0.20% treaty reinsurance business, which includes Validus Reinsurance Ltd.
AIG to Sell Validus Re to RenaissanceRe
NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that it has entered into a definitive agreement to sell Validus Re, including AlphaCat and the Talbot Treaty reinsur...
RenaissanceRe Holdings Ltd. Advances Strategy with $2.985 Billion Acquisition of Validus Re
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) today announced it has entered into a definitive agreement with American International Group, Inc. (“AIG”)...
RenaissanceRe Reports Q1 2023 Net Income Available to Common Shareholders of $564.1 Million; Operating Income Available to Common Shareholders of $360.0 Million.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the first quarter of 2023. Net Income Available...
RenaissanceRe Schedules First Quarter 2023 Financial Results Conference Call
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 3, 2023, at 11:00 ...
RenaissanceRe Holdings Ltd. Announces Twenty-Eighth Consecutive Annual Increase in Quarterly Dividend
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company's quarterly dividend to $0.38 per common share, from $0.37 per...
RenaissanceRe Reports Q4 2022 Net Income Available to Common Shareholders of $448.1 Million; Operating Income Available to Common Shareholders of $322.2 Million.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the fourth quarter and full year 2022.
RenaissanceRe Schedules Fourth Quarter and Year-End 2022 Financial Results Conference Call
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, February 1, 2023, at...
AM Best Assigns Credit Ratings to Fontana Reinsurance Ltd. and Fontana Reinsurance U.S. Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Fontana Reinsuranc...
RenaissanceRe Appoints David Marra Group Chief Underwriting Officer and Ross Curtis Chief Portfolio Officer
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd.
RenaissanceRe Reports Q3 2022 Net Loss Attributable to Common Shareholders of $825.3 Million; Operating Loss Attributable to Common Shareholders of $396.7 Million.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd.
RenaissanceRe Announces Estimated Net Negative Impact on Third Quarter 2022 Results of Operations
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd.