RenaissanceRe (RNR)
(Delayed Data from NYSE)
$262.96 USD
-0.62 (-0.24%)
Updated Sep 18, 2024 04:00 PM ET
After-Market: $262.85 -0.11 (-0.04%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth B Momentum B VGM
Company Summary
Founded in 1993 and based in Pembroke, Bermuda, RenaissanceRe Holdings Ltd. primarily provides property-catastrophe reinsurance to insurers and reinsurers globally on the basis of excess of loss (coverage of losses over a specified limit). Additionally, RenaissanceRe provides certain specialty reinsurance coverage on accident, health, aviation and satellite concerns, as well as homeowners' insurance in various parts of the U.S. The company also writes specialty and catastrophe reinsurance through two joint ventures, Top Layer Re and Reinsurance, and through certain specialty reinsurance and primary insurance lines.
RenaissanceRe conducts its business through two ...
Company Summary
Founded in 1993 and based in Pembroke, Bermuda, RenaissanceRe Holdings Ltd. primarily provides property-catastrophe reinsurance to insurers and reinsurers globally on the basis of excess of loss (coverage of losses over a specified limit). Additionally, RenaissanceRe provides certain specialty reinsurance coverage on accident, health, aviation and satellite concerns, as well as homeowners' insurance in various parts of the U.S. The company also writes specialty and catastrophe reinsurance through two joint ventures, Top Layer Re and Reinsurance, and through certain specialty reinsurance and primary insurance lines.
RenaissanceRe conducts its business through two reportable segments: Property, and Casualty and Specialty segment. Also, it has an Other category, which mainly comprises its investments unit.
The Property segment (accounted for 40.2% of the total gross premium written in 2023): This includes its catastrophe class of business, principally consisting of an excess of loss reinsurance and excess of loss retrocession reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, and its other property class of business.
The Casualty and Specialty segment (59.8%): The Company writes Specialty reinsurance and insurance covering primarily targeted classes of business. The Company offers its casualty and specialty reinsurance products principally on a proportional basis, and it also provides excess loss coverage. It has created a JV, Fontana Holdings L.P. and its subsidiaries, which is focused on casualty and specialty risk. The JV, launched with $ 475 million capital, targets institutional investors. It has assumed a whole account quota share of the reinsurer’s global casualty and specialty book of business. It incorporates RNR’s credit portfolio and has the option of boosting the capital amount and scale in the future.
The company's Other segment category primarily includes the results of its share of investments in certain markets. It also includes the results of its investment unit, which manages and invests the funds generated by its consolidated operations.
General Information
RenaissanceRe Holdings Ltd
RENAISSANCE HOUSE 12 CROW LANE
PEMBROKE, D0 HM 19
Phone: 441-295-4513
Fax: 441-292-9453
Web: http://www.renre.com
Email: investorrelations@renre.com
Industry | Insurance - Property and Casualty |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 4.60 |
Current Year EPS Consensus Estimate | 39.01 |
Estimated Long-Term EPS Growth Rate | 4.70 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 263.58 |
52 Week High | 268.61 |
52 Week Low | 188.24 |
Beta | 0.38 |
20 Day Moving Average | 251,883.91 |
Target Price Consensus | 274.42 |
4 Week | 7.73 |
12 Week | 14.86 |
YTD | 34.48 |
4 Week | 7.01 |
12 Week | 11.49 |
YTD | 13.84 |
Shares Outstanding (millions) | 52.16 |
Market Capitalization (millions) | 13,747.19 |
Short Ratio | NA |
Last Split Date | 5/31/2002 |
Dividend Yield | 0.59% |
Annual Dividend | $1.56 |
Payout Ratio | 0.03 |
Change in Payout Ratio | -0.36 |
Last Dividend Payout / Amount | 9/13/2024 / $0.39 |
Fundamental Ratios
P/E (F1) | 6.76 |
Trailing 12 Months | 5.90 |
PEG Ratio | 1.44 |
vs. Previous Year | 41.18% |
vs. Previous Quarter | 1.89% |
vs. Previous Year | 52.63% |
vs. Previous Quarter | 8.81% |
Price/Book | 1.46 |
Price/Cash Flow | 7.98 |
Price / Sales | 1.31 |
6/30/24 | 27.74 |
3/31/24 | 27.09 |
12/31/23 | 26.93 |
6/30/24 | 4.91 |
3/31/24 | 4.64 |
12/31/23 | 4.34 |
6/30/24 | 1.38 |
3/31/24 | 1.41 |
12/31/23 | 1.40 |
6/30/24 | 1.38 |
3/31/24 | 1.41 |
12/31/23 | 1.40 |
6/30/24 | 22.46 |
3/31/24 | 22.20 |
12/31/23 | 20.13 |
6/30/24 | 25.38 |
3/31/24 | 24.79 |
12/31/23 | 28.04 |
6/30/24 | 30.48 |
3/31/24 | 30.17 |
12/31/23 | 34.05 |
6/30/24 | 180.78 |
3/31/24 | 171.01 |
12/31/23 | 170.11 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.21 |
3/31/24 | 0.21 |
12/31/23 | 0.23 |
6/30/24 | 44.90 |
3/31/24 | 45.52 |
12/31/23 | 46.02 |