Last 7 days
3.3%
Last 30 days
15.6%
Last 90 days
7.5%
Trailing 12 Months
43.6%
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 |
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% |
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 |
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 |
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% |
9.6%
8.5%
9.3%
7.7%
50.4%
18.5%
0%
Y-axis is the maximum loss one would have experienced if Renaissancere Holdings was unfortunately bought at previous high price.
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) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Consolidated 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 |
Consolidated 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 |