Renaissancere Holdings Ltd

Chart & Performance

D1W1MN

P/E

6.29

P/S

401.19

EPS

38.17

Div Yield, %

0.49%

Shrs. gr., 5y

3.43%

Rev. gr., 5y

-62.91%

Revenues

29m

-99.68%

Net income

1.87b

-25.95%

CFO

4.16b

+117.87%

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	29,315 -99.68%	9,091,134 80.05%	5,049,163 -4.11%
Cost of revenue		51,242	323,466
Unusual Expense (Income)
NOPBT	29,315	9,039,892	4,725,697
NOPBT Margin	100.00%	99.44%	93.59%
Operating Taxes	32,628	(510,067)	(59,019)
Tax Rate	111.30%
NOPAT	(3,313)	9,549,959	4,784,716
Net income	1,870,360 -25.95%	2,525,756 -317.77%	(1,159,816) 1,021.25%
Dividends	(116,224)	(110,487)	(100,071)
Dividend yield	0.91%	1.18%	1.26%
Proceeds from repurchase of equity	(666,921)	1,351,608	(166,664)
BB yield	5.25%	-14.49%	2.10%
Debt
Debt current		75,000	30,000
Long-term debt	1,886,689	2,009,055	1,229,542
Deferred revenue			(70,366)
Other long-term liabilities		31,567,661	153,666
Net debt	(27,897,716)	(5,925,970)	(25,637,799)
Cash flow
Cash from operating activities	4,164,822	1,911,634	1,603,683
CAPEX			(481,302)
Cash from investing activities	(3,060,856)	(3,822,636)	(3,016,176)
Cash from financing activities	(1,287,515)	2,588,639	725,342
FCF	996,464	8,633,882	13,212,569
Balance
Cash	1,676,604	6,481,597	5,863,611
Long term investments	28,107,801	1,528,428	21,033,730
Excess cash	29,782,939	7,555,468	26,644,883
Stockholders' equity	15,289,326	13,411,330	9,385,016
Invested Capital	35,418,224	41,526,637	27,015,655
ROIC		27.87%	18.63%
ROCE	0.06%	18.42%	12.96%
EV
Common stock shares outstanding	51,104	47,607	43,040
Price	248.81 26.94%	196.00 6.39%	184.23 8.80%
Market cap	12,715,186 36.27%	9,330,972 17.68%	7,929,259 -0.73%
EV	(8,204,781)	10,255,833	(12,423,151)
EBITDA	287,771	8,905,139	4,698,747
EV/EBITDA		1.15
Interest	93,768	73,181	48,335
Interest/NOPBT	319.86%	0.81%	1.02%