Renaissancere Holdings Ltd

Chart & Performance

D1W1MN

P/E

5.06

P/S

1.42

EPS

49.31

Div Yield, %

0.85%

Shrs. gr., 5y

3.67%

Rev. gr., 5y

34.62%

Revenues

9.09b

+80.05%

Net income

2.53b

CFO

1.91b

+19.20%

Dividend

Sep 13, 20240.39 USD/sh

Earnings

May 13, 2025

Profile

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.

URL

https://www.renre.com/

IPO date

Jul 24, 1996

Employees

718

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	9,091,134 80.05%	5,049,163 -4.11%	5,265,400 2.14%
Cost of revenue	51,242	323,466	253,336
Unusual Expense (Income)
NOPBT	9,039,892	4,725,697	5,012,064
NOPBT Margin	99.44%	93.59%	95.19%
Operating Taxes	(510,067)	(59,019)	(10,668)
Tax Rate
NOPAT	9,549,959	4,784,716	5,022,732
Net income	2,525,756 -317.77%	(1,159,816) 1,021.25%	(103,440) -113.57%
Dividends	(110,487)	(100,071)	(100,717)
Dividend yield	1.18%	1.26%	1.26%
Proceeds from repurchase of equity	1,351,608	(166,664)	(813,852)
BB yield	-14.49%	2.10%	10.19%
Debt
Debt current	75,000	30,000	30,000
Long-term debt	2,009,055	1,229,542	1,213,953
Deferred revenue		(70,366)	1,112,270
Other long-term liabilities	31,567,661	153,666	(1,168,353)
Net debt	(5,925,970)	(25,637,799)	(25,363,051)
Cash flow
Cash from operating activities	1,911,634	1,603,683	1,234,815
CAPEX		(481,302)	816,296
Cash from investing activities	(3,822,636)	(3,016,176)	(816,296)
Cash from financing activities	2,588,639	725,342	(302,461)
FCF	8,633,882	13,212,569	2,947,913
Balance
Cash	6,481,597	5,863,611	7,157,404
Long term investments	1,528,428	21,033,730	19,449,600
Excess cash	7,555,468	26,644,883	26,343,734
Stockholders' equity	13,411,330	9,385,016	9,570,213
Invested Capital	41,526,637	27,015,655	24,363,206
ROIC	27.87%	18.63%	21.97%
ROCE	18.42%	12.96%	14.75%
EV
Common stock shares outstanding	47,607	43,040	47,171
Price	196.00 6.39%	184.23 8.80%	169.33 2.12%
Market cap	9,330,972 17.68%	7,929,259 -0.73%	7,987,465 2.10%
EV	10,255,833	(12,423,151)	(13,071,533)
EBITDA	8,905,139	4,698,747	4,991,075
EV/EBITDA	1.15
Interest	73,181	48,335	47,536
Interest/NOPBT	0.81%	1.02%	0.95%