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Here's What Key Metrics Tell Us About RenaissanceRe (RNR) Q4 Earnings

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For the quarter ended December 2025, RenaissanceRe (RNR - Free Report) reported revenue of $2.78 billion, down 6% over the same period last year. EPS came in at $13.34, compared to $8.06 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.95 billion, representing a surprise of -5.65%. The company delivered an EPS surprise of +25.97%, with the consensus EPS estimate being $10.59.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how RenaissanceRe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Underwriting Expense Ratio - Casualty and Specialty: 32.4% versus the three-analyst average estimate of 34.2%.
  • Underwriting Expense Ratio - Property: 27.9% versus the three-analyst average estimate of 28.7%.
  • Combined Ratio - Property: 21.8% versus the three-analyst average estimate of 63.5%.
  • Net Claims and Claim Expense Ratio - calendar year - Casualty and Specialty: 71.1% compared to the 67.1% average estimate based on three analysts.
  • Combined Ratio: 71.4% versus the three-analyst average estimate of 86%.
  • Combined Ratio - Casualty and Specialty: 103.5% compared to the 101.4% average estimate based on three analysts.
  • Underwriting Expense Ratio: 30.7% compared to the 32% average estimate based on three analysts.
  • Net premiums earned- Casualty and Specialty: $1.42 billion versus $1.49 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.9% change.
  • Revenues- Net investment income: $446.66 million compared to the $439.41 million average estimate based on three analysts. The reported number represents a change of +4.2% year over year.
  • Net premiums earned- Property: $918.78 million versus $1.01 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change.
  • Revenues- Equity in earnings (losses) of other ventures: $20.62 million compared to the $10.01 million average estimate based on three analysts. The reported number represents a change of +40.7% year over year.
  • Revenues- Net premiums earned: $2.33 billion versus $2.5 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.6% change.

View all Key Company Metrics for RenaissanceRe here>>>

Shares of RenaissanceRe have returned +2.5% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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