Market Summary
USD203.28-1.97
Delayedas of 21 Sep 2023, 12:28 pm-0.96%
RNR Stock Price
RNR RSI Chart
RNR Valuation
RNR Price/Sales (Trailing)
RNR Profitability
RNR Fundamentals
RNR Revenue
RNR Earnings
Price Action
52 Week Range
128.00223.80
(Low)(High)
Last 7 days
3.3%
Last 30 days
15.6%
Last 90 days
7.5%
Trailing 12 Months
43.6%
RNR Financial Health
RNR Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for RNR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-01 | BRANAGAN IAN D | sold (taxes) | -1,094,030 | 189 | -5,769 | evp, group chief risk officer |
2023-05-26 | ODonnell Kevin | bought | 2,499,840 | 192 | 13,020 | pres & chief executive officer |
2023-05-25 | Klehm Henry III | gifted | - | - | -263 | - |
2023-05-09 | Brosnan Sean G | acquired | - | - | 1,900 | svp, chief investment officer |
2023-05-09 | Fraser James Christopher | acquired | - | - | 475 | svp, chief accounting officer |
2023-05-09 | Jeworrek Torsten | acquired | - | - | 783 | - |
2023-03-10 | Curtis Ross | back to issuer | - | - | -4,255 | evp,chief portfolio officer |
2023-03-10 | BRANAGAN IAN D | back to issuer | - | - | -4,010 | evp, group chief risk officer |
2023-03-10 | ODonnell Kevin | back to issuer | - | - | -11,248 | pres & chief executive officer |
2023-03-10 | Qutub Robert | back to issuer | - | - | -4,038 | evp, chief financial officer |
Which funds bought or sold RNR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -28.00 | 373 | -% |
2023-09-07 | ST GERMAIN D J CO INC | sold off | - | - | - | -% |
2023-09-05 | Covenant Partners, LLC | sold off | -100 | -206,751 | - | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -801,360 | - | -% |
2023-08-21 | BOKF, NA | added | 5.2 | -27,533 | 1,312,540 | 0.03% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 10.99 | 365,156 | 11,322,000 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 23.1 | 205,000 | 1,610,000 | 0.02% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -41.4 | -1,120,040 | 1,345,150 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | reduced | -2.47 | -35,806 | 353,455 | -% |
2023-08-17 | STANSBERRY ASSET MANAGEMENT, LLC | reduced | -18.62 | -1,795,450 | 5,613,320 | 1.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Renaissancere Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 7.1% | 3,105,292 | SC 13G/A | |
| Feb 13, 2023 | capital world investors | 4.5% | 1,983,968 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.52% | 4,597,369 | SC 13G/A | |
| Feb 07, 2023 | state street corp | 5.55% | 2,425,084 | SC 13G/A | |
| Jan 31, 2023 | state farm mutual automobile insurance co | 5.49% | 2,399,303 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.2% | 4,026,028 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 8.0% | 3,697,314 | SC 13G | |
| Feb 14, 2022 | state street corp | 5.26% | 2,418,598 | SC 13G/A | |
| Feb 11, 2022 | capital world investors | 5.3% | 2,420,550 | SC 13G | |
| Feb 10, 2022 | vanguard group inc | 10.02% | 4,611,480 | SC 13G/A |
Recent SEC filings of Renaissancere Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 06, 2023 | 4 | Insider Trading | |
| Jul 26, 2023 | 10-Q | Quarterly Report | |
| Jul 25, 2023 | 8-K | Current Report | |
| Jul 20, 2023 | 8-K | Current Report |
Peers (Alternatives to Renaissancere Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
PGR | 83.5B | 55.3B | 7.95% | 14.06% | 47.86 | 1.51 | 11.39% | 104.72% |
AIG | 45.2B | 50.4B | 7.84% | 18.06% | 10.04 | 0.9 | -9.25% | -63.51% |
ALL | 29.9B | 54.6B | 8.41% | -11.08% | -11.18 | 0.55 | 9.14% | -383.17% |
AFG | 9.7B | 7.5B | 0.02% | -5.61% | 11.38 | 1.3 | 12.86% | -17.26% |
HIG | - | 23.6B | 3.56% | 13.84% | - | - | 5.78% | -4.19% |
TRV | 38.7B | 38.7B | 4.54% | 6.04% | 17.31 | 1 | 8.33% | -37.32% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
| MID-CAP | ||||||||
ESGR | 3.9B | 1.3B | -1.00% | 25.57% | 14.29 | 3.05 | 41.34% | 137.60% |
RNR | 10.5B | 7.4B | 15.58% | 43.63% | 25.42 | 1.41 | 62.27% | 144.80% |
| SMALL-CAP | ||||||||
PLMR | 1.3B | 348.9M | 3.93% | -38.51% | 22.87 | 3.8 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | 3.21% | -21.40% | -111.97 | 0.86 | 3.44% | -114.81% |
PRA | 1.0B | 1.1B | 7.76% | -11.80% | 108.04 | 0.88 | -2.53% | -76.30% |
JRVR | 559.0M | 901.0M | -0.73% | -39.67% | 12.05 | 0.62 | 14.76% | 164.17% |
Renaissancere Holdings News
Returns for RNR
Cumulative Returns on RNR
9.6%
10-Year Cumulative Returns
8.5%
7-Year Cumulative Returns
9.3%
5-Year Cumulative Returns
7.7%
3-Year Cumulative Returns
Risks for RNR
What is the probability of a big loss on RNR?
50.4%
Probability that Renaissancere Holdings stock will be more than 20% underwater in next one year
18.5%
Probability that Renaissancere Holdings stock will be more than 30% underwater in next one year.
0%
Probability that Renaissancere Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RNR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Renaissancere Holdings was unfortunately bought at previous high price.
Drawdowns
Financials for Renaissancere Holdings
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 15.3% | 7,450 | 6,463 | 6,334 | 4,852 | 4,591 | 4,917 | 5,194 | 5,248 | 5,074 | 5,430 | 5,189 | 4,899 | 4,618 | 4,308 | 4,202 | 3,645 | 3,223 | 2,464 | 2,075 | 2,018 | 2,023 |
| Operating Expenses | 2.8% | 294 | 286 | 277 | 245 | 239 | 225 | 212 | 214 | 204 | 195 | 207 | 230 | 235 | 245 | 223 | 217 | 204 | 182 | 178 | 149 | 151 |
| S&GA Expenses | 23.4% | 58.00 | 47.00 | 47.00 | 46.00 | 45.00 | 43.00 | 41.00 | 52.00 | 90.00 | 91.00 | 97.00 | 94.00 | 59.00 | 71.00 | 94.00 | 89.00 | 82.00 | 66.00 | 34.00 | 26.00 | 24.00 |
| EBITDA | -100.0% | - | 82.00 | -1,197 | -1,568 | -1,042 | -182 | -87.56 | -189 | 554 | 700 | 1,063 | 872 | 903 | 625 | 967 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.01* | -0.19* | -0.26* | -0.18* | -0.03* | -0.02* | -0.03* | 0.10* | 0.13* | 0.21* | 0.18* | 0.20* | 0.15* | 0.23* | - | - | - | - | - | - |
| Interest Expenses | 6.2% | 52.00 | 49.00 | 48.00 | 48.00 | 48.00 | 48.00 | 48.00 | 48.00 | 47.00 | 47.00 | 50.00 | 54.00 | 58.00 | 62.00 | 58.00 | 55.00 | 51.00 | 47.00 | 47.00 | 47.00 | 47.00 |
| Earnings Before Taxes | 801.9% | 763 | 85.00 | -1,218 | -1,610 | -1,087 | -198 | -114 | -239 | 489 | 630 | 996 | 851 | 897 | 623 | 967 | 798 | 736 | 534 | 263 | 439 | -333 |
| EBT Margin | -100.0% | - | 0.01* | -0.19* | -0.27* | -0.18* | -0.03* | -0.02* | -0.04* | 0.09* | 0.12* | 0.19* | 0.17* | 0.19* | 0.15* | 0.23* | - | - | - | - | - | - |
| Net Income | 502.2% | 413 | -102 | -1,061 | -1,298 | -922 | -142 | -40.15 | -62.81 | 433 | 552 | 762 | 608 | 599 | 393 | 749 | 631 | 628 | 448 | 227 | 304 | -237 |
| Net Income Margin | 100.0% | - | -0.01* | -0.17* | -0.21* | -0.16* | -0.02* | -0.01* | -0.01* | 0.08* | 0.10* | 0.15* | 0.12* | 0.13* | 0.09* | 0.18* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 1,871 | 1,604 | 1,303 | 1,169 | 1,197 | 1,235 | 1,465 | 1,471 | 1,724 | 1,993 | 2,203 | 2,210 | 2,236 | 2,137 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 8.2% | 41,400 | 38,270 | 36,553 | 35,936 | 35,034 | 34,848 | 33,960 | 33,536 | 32,727 | 32,236 | 30,821 | 30,996 | 30,480 | 27,466 | 26,330 | 25,644 | 26,087 | 24,560 | 18,676 | 17,096 | 17,023 |
| Cash Equivalents | -11.3% | 944 | 1,064 | 1,194 | 1,204 | 1,398 | 1,563 | 1,859 | 1,441 | 1,790 | 1,287 | 1,737 | 1,287 | 1,186 | 896 | 1,379 | 871 | 671 | 1,021 | 1,108 | 453 | 548 |
| Liabilities | 4.7% | 28,321 | 27,047 | 26,692 | 26,879 | 24,943 | 24,767 | 23,781 | 23,329 | 21,853 | 21,748 | 19,872 | 20,218 | 19,745 | 18,550 | 17,287 | 16,914 | 17,462 | 16,896 | 11,579 | 10,676 | 10,670 |
| Long Term Debt | 66.5% | 1,900 | 1,141 | 1,200 | 1,170 | 1,169 | 1,200 | 1,168 | 1,100 | 1,100 | 1,137 | 1,136 | 1,136 | 1,135 | 1,135 | 1,384 | 1,383 | 1,383 | 1,191 | 991 | 991 | 990 |
| Shareholder's Equity | 26.2% | 7,403 | 5,866 | 5,325 | 4,882 | 5,739 | 6,117 | 6,624 | 6,750 | 7,218 | 7,078 | 7,560 | 7,391 | 7,347 | 5,684 | 5,971 | 5,951 | 5,913 | 5,554 | 5,045 | 4,887 | 4,860 |
| Retained Earnings | 3.7% | 4,790 | 4,619 | 4,071 | 3,639 | 4,481 | 4,822 | 5,233 | 5,038 | 5,505 | 5,065 | 5,374 | 5,202 | 5,172 | 4,614 | 4,711 | 4,692 | 4,670 | 4,317 | 4,058 | 4,155 | 4,136 |
| Additional Paid-In Capital | 290.3% | 1,825 | 468 | 476 | 466 | 479 | 514 | 608 | 928 | 1,154 | 1,451 | 1,623 | 1,615 | 1,603 | 503 | 568 | 560 | 552 | 544 | 296 | 42.00 | 35.00 |
| Shares Outstanding | 16.5% | 51.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 47.00 | 48.00 | 50.00 | 51.00 | 51.00 | 51.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 42.00 | 40.00 | 40.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 4.8% | 1,961 | 1,871 | 1,604 | 1,303 | 1,169 | 1,197 | 1,235 | 1,465 | 1,471 | 1,724 | 1,993 | 2,203 | 2,210 | 2,236 | 2,137 | 1,598 | 1,657 | 1,636 | 1,222 | 1,313 | 1,054 |
| Cashflow From Investing | -59.0% | -5,241 | -3,296 | -3,016 | -1,943 | -1,890 | -757 | -816 | -904 | -458 | -2,237 | -2,304 | -2,704 | -2,639 | -2,902 | -2,988 | -2,811 | -3,191 | -2,447 | -2,536 | -1,991 | -1,601 |
| Cashflow From Financing | 210.6% | 2,821 | 908 | 725 | 370 | 304 | -175 | -302 | -414 | -412 | 901 | 665 | 919 | 941 | 538 | 1,120 | 1,629 | 1,660 | 1,192 | 1,066 | 556 | 473 |
| Dividend Payments | 4.9% | 68.00 | 65.00 | 65.00 | 65.00 | 65.00 | 66.00 | 68.00 | 69.00 | 70.00 | 71.00 | 68.00 | 66.00 | 63.00 | 60.00 | 59.00 | 58.00 | 56.00 | 54.00 | 53.00 | 52.00 | 52.00 |
| Buy Backs | -63.5% | 25.00 | 69.00 | 167 | 490 | 688 | 953 | 1,028 | 704 | 481 | 172 | 63.00 | 63.00 | 63.00 | 63.00 | - | - | - | - | - | - | 43.00 |
RNR Income Statement
2023-06-30Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues | ||||
| Gross premiums written | $ 2,651,621 | $ 2,464,639 | $ 5,441,882 | $ 5,407,603 |
| Net premiums written | 2,195,803 | 1,863,616 | 4,459,506 | 4,028,833 |
| Decrease (increase) in unearned premiums | (410,541) | (407,233) | (993,694) | (1,086,025) |
| Net premiums earned | 1,785,262 | 1,456,383 | 3,465,812 | 2,942,808 |
| Net investment income | 292,662 | 107,211 | 547,040 | 190,902 |
| Net foreign exchange gains (losses) | (13,488) | (50,821) | (27,991) | (66,307) |
| Equity in earnings (losses) of other ventures | 7,700 | 7,383 | 17,230 | 993 |
| Other income (loss) | 3,876 | 923 | (430) | 2,116 |
| Net realized and unrealized gains (losses) on investments | (222,781) | (654,107) | 56,670 | (1,327,124) |
| Total revenues | 1,853,231 | 866,972 | 4,058,331 | 1,743,388 |
| Expenses | ||||
| Net claims and claim expenses incurred | 931,211 | 706,239 | 1,732,411 | 1,547,972 |
| Acquisition expenses | 422,545 | 361,238 | 854,802 | 737,745 |
| Operational expenses | 80,491 | 72,520 | 157,965 | 140,427 |
| Corporate expenses | 23,371 | 12,352 | 36,214 | 24,854 |
| Interest expense | 14,895 | 11,895 | 27,029 | 23,850 |
| Total expenses | 1,472,513 | 1,164,244 | 2,808,421 | 2,474,848 |
| Income (loss) before taxes | 380,718 | (297,272) | 1,249,910 | (731,460) |
| Income tax benefit (expense) | (5,942) | 30,534 | (34,844) | 67,241 |
| Net income (loss) | 374,776 | (266,738) | 1,215,066 | (664,219) |
| Net (income) loss attributable to redeemable noncontrolling interests | (174,907) | (49,331) | (442,291) | (37,419) |
| Net income (loss) attributable to RenaissanceRe | 199,869 | (316,069) | 772,775 | (701,638) |
| Dividends on preference shares | (8,844) | (8,844) | (17,688) | (17,688) |
| Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ 191,025 | $ (324,913) | $ 755,087 | $ (719,326) |
| Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic (in dollars per share) | $ 4.10 | $ (7.53) | $ 16.75 | $ (16.64) |
| Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted (in dollars per share) | 4.09 | (7.53) | 16.71 | (16.64) |
| Dividends per common share (in dollars per share) | $ 0.38 | $ 0.37 | $ 0.76 | $ 0.74 |
RNR Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Fixed maturity investments trading, at fair value – amortized cost $16,398,682 at June 30, 2023 (December 31, 2022 – $15,038,551) | $ 15,888,564 | $ 14,351,402 |
| Short term investments, at fair value - amortized cost $6,374,957 at June 30, 2023 (December 31, 2022 - $4,671,581) | 6,373,969 | 4,669,272 |
| Equity investments, at fair value | 93,058 | 625,058 |
| Other investments, at fair value | 3,091,686 | 2,494,954 |
| Investments in other ventures, under equity method | 89,505 | 79,750 |
| Total investments | 25,536,782 | 22,220,436 |
| Cash and cash equivalents | 943,935 | 1,194,339 |
| Premiums receivable | 6,490,886 | 5,139,471 |
| Prepaid reinsurance premiums | 1,187,177 | 1,021,412 |
| Reinsurance recoverable | 4,689,351 | 4,710,925 |
| Accrued investment income | 147,824 | 121,501 |
| Deferred acquisition costs | 1,300,992 | 1,171,738 |
| Receivable for investments sold | 508,887 | 350,526 |
| Other assets | 358,863 | 384,702 |
| Goodwill and other intangible assets | 235,218 | 237,828 |
| Total assets | 41,399,915 | 36,552,878 |
| Liabilities | ||
| Reserve for claims and claim expenses | 16,138,128 | 15,892,573 |
| Unearned premiums | 5,717,302 | 4,559,107 |
| Debt | 1,882,101 | 1,170,442 |
| Reinsurance balances payable | 3,780,410 | 3,928,281 |
| Payable for investments purchased | 547,974 | 493,776 |
| Other liabilities | 254,925 | 648,036 |
| Total liabilities | 28,320,840 | 26,692,215 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests | 5,676,262 | 4,535,389 |
| Shareholders’ Equity | ||
| Preference shares: $1.00 par value – 30,000 shares issued and outstanding at June 30, 2023 (December 31, 2022 – 30,000) | 750,000 | 750,000 |
| Common shares: $1.00 par value – 51,182,221 shares issued and outstanding at June 30, 2023 (December 31, 2022 – 43,717,836) | 51,182 | 43,718 |
| Additional paid-in capital | 1,825,215 | 475,647 |
| Accumulated other comprehensive income (loss) | (14,050) | (15,462) |
| Retained earnings | 4,790,466 | 4,071,371 |
| Total shareholders’ equity attributable to RenaissanceRe | 7,402,813 | 5,325,274 |
| Total liabilities, noncontrolling interests and shareholders’ equity | $ 41,399,915 | $ 36,552,878 |
RenaissanceRe Holdings Ltd. 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 retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.