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Stock research / United States / RNR · Fire, Marine & Casualty Insurance · NYSE

Renaissancere Holdings Ltd. (RNR)

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Renaissancere Holdings Ltd. (RNR) reported revenue of $2.8 billion for Q2 FY2026, the quarter ended 30 June 2026, down 13.7% on the same quarter a year earlier. Net income was $663 million, down 20.6% on the year. The figures are the company's own, from the 10-Q it filed with the SEC on 23 July 2026.

Revenue$2.8 billiondown 13.7%
Net income$663 milliondown 20.6%
Diluted EPSn/a
QuarterQ2 FY2026ended 30 June 2026

Renaissancere Holdings (RNR) in brief

Renaissancere Holdings (RNR) reported revenue of $12.8 billion for fiscal 2025, the year ended 31 December 2025, up 9.9% on the year before.
Read moreNet income was $2.7 billion and diluted earnings per share $56.03. Revenue was $11.7 billion in fiscal 2024, $9.1 billion in fiscal 2023, $5.1 billion in fiscal 2022 and $5.3 billion in fiscal 2021. Net income in the same years was $1.9 billion, $2.6 billion, a loss of $1.1 billion and a loss of $40 million. Over the twelve months to 30 June 2026, Renaissancere Holdings reported revenue of $11.1 billion and net income of $2.6 billion. Revenue grew 20.0% a year, compounded, over the five years to fiscal 2025. Renaissancere Holdings declared $1.62 a share in dividends over the last four quarters and had 42 million shares outstanding at the latest filed count. At the close of 8 October 2026 the market cap of Renaissancere Holdings was $13.9 billion, 5.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE22.3%
ROCE31.2%
Operating margin39.6%
Net margin23.7%
FCF marginn/a
Interest cover35.14
Debt to equity0.20
Cash conversion1.37
Share count, 1 year-11.7%
Sales CAGR, 3 years36.4%
Profit CAGR, 3 yearsn/a
EPS, TTMn/a

At the close of 8 October 2026

Price$331.34
Market cap$13.9 billion
Stock P/E5.65
Price to book1.17
EV / EBITDA3.43
Dividend yield0.5%
Market cap / sales1.24
52-week high$337.97
52-week low$231.59
Price, 1 year26.4%
Price CAGR, 3 years16.8%
Price CAGR, 5 years17.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Renaissancere Holdings Ltd. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
RNRgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on RNR

Filings17 in twelve months: 7 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 regulation fd disclosure; 1 shareholder vote; 1 material agreement
Planned insider sales12 Form 144 notices in twelve months, $19.7 million; latest 3 September 2026
Options tapeput/call 0.14 by open interest at the 8 October 2026 close; the straddle prices a 2.9% move to 16 October 2026
13F holders7 of the followed funds hold it; largest Geode Capital Management; 7 Schedule 13D or 13G filings in twelve months
Insider trading15 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.5 million shares short, 5.55 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,8363,2402,5992,8293,9742,2933,4703,2073,1982,9732,1952,769
Operating income4261,4346347081,735-83.1-70.81,3411,4811,2645491,118
Operating margin23%44%24%25%44%-4%-2%42%46%43%25%40%
Interest expense23.023.223.123.623.823.227.131.830.631.431.831.8
Pre-tax income4261,4346347081,735-83.1-70.81,3411,4811,2645491,118
Tax rate2%-39%2%-3%6%n/an/a13%10%9%6%12%
Net income2031,5863745041,182-190170835917760293663
Net margin11%49%14%18%30%-8%5%26%29%26%13%24%
Diluted EPS$3.80$30.43$6.94$9.41$22.62-$3.95$3.27$17.20$19.40$16.75$6.57n/a
Operating cash flow7725126831,2121,4907791581,4701,583483688852
Buybacks0.00.00.0109107452358374208660352350
Dividends paid19.219.920.520.420.020.019.519.218.517.617.616.9
Shares outstanding51m53m53m52m52m50m49m47m47m44m43m42m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,2601,5151,7282,1042,0754,2025,1725,2785,0609,13511,69512,84811,135
Operating income687496630-328263967996-114-1,2193,1102,9934,0144,411
Operating margin54.5%32.8%36.5%-15.6%12.7%23.0%19.3%-2.2%-24.1%34.0%25.6%31.2%39.6%
Interest expense17.436.342.144.247.158.450.547.548.373.293.8121126
Pre-tax income687496630-328263967996-114-1,2193,1102,9934,0144,411
Income tax0.6-45.90.326.5-6.317.22.9-10.7-59.0-51032.6396437
Effective tax rate0.1%-9.2%0.1%n/a-2.4%1.8%0.3%n/an/a-16.4%1.1%9.9%9.9%
Net income533431503-222227749762-40.2-1,0612,5611,8702,6822,633
Net margin42.3%28.5%29.1%-10.6%11.0%17.8%14.7%-0.8%-21.0%28.0%16.0%20.9%23.7%
Diluted EPS$12.60$9.28$11.43-$6.15$4.91$16.29$15.31-$1.57-$25.50$52.27$35.21$56.03n/a
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

Follow the cashA discounted cash flow: five years of free cash flow, added up in today's moneyNot for Renaissancere Holdings: an insurer's operating cash flow includes premiums it holds to pay claims later, so it is not cash the owners can take out. Book value and return on equity, in the ratios above, are the usual measures for it.

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow6614254851,0261,2222,1371,9931,2351,6041,9124,1653,6933,606
Cash from investing142-339-165-122-2,537-2,989-2,305-816-3,016-3,823-3,061-2,216-1,176
Cash from financing-695-93.9-40128.91,0661,120665-3027252,589-1,288-1,411-2,526
Depreciation and amortisation47.818.229.331.20.1-59.016.7-21.0-26.9-135258-14.1-70.9
Share-based compensation37.638.347.437.235.741.443.740.045.260.371.477.5n/a
Buybacks5152603091890.00.062.61,0281670.06671,6001,571
Dividends paid45.954.051.651.452.859.468.567.864.775.180.874.870.6
Dividend per share$1.16$1.20$1.24$1.28n/an/an/an/an/an/an/an/a$1.62
Diluted shares, weighted40m44m42m40m40m43m47m47m43m48m51m46m42m
Shares outstanding at period end38m44m41m40m42m44m51m44m44m53m50m44m42m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity3,8664,7324,8674,3915,0455,9717,5606,6245,3259,45510,57411,60911,820
Redeemable equity1,1321,0461,1761,2972,0523,0713,3883,5544,5356,1016,9787,6027,343
Debt2509609499909911,3841,1361,1681,1701,9591,8872,3292,331
Other liabilities2,9574,8225,3618,54910,58815,90318,73622,61325,52231,49331,26932,26033,701
Total liabilities and equity8,20411,56112,35215,22618,67626,33030,82133,96036,55349,00750,70853,80055,196
Owned
Intangible assets15.082.965.554.557.065.951.041.334.8482404333n/a
Investmentsn/a1,2081,3689922,587n/an/an/an/an/an/an/an/a
Securities held for sale or to maturity26.9n/an/an/an/an/an/an/an/an/an/an/an/a
Trading assets4,7576,7656,8917,427n/an/an/an/an/an/an/an/an/a
Cash and equivalents5265074211,3621,1081,3791,7371,8591,1941,8781,6771,7311,302
Other assets2,8792,9983,6065,39214,92524,88529,03332,05935,32446,64848,62751,73653,893
Total assets8,20411,56112,35215,22618,67626,33030,82133,96036,55349,00750,70853,80055,196
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded23.8%20.0%36.4%-14.0%
Profit growth, compounded20.1%28.6%n/a31.8%
Return on equity, average8.0%9.5%22.6%23.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Insurance

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Berkshire Hathaway Inc. BRK.B$1.09 trillion12.7311.5%15.0%3.9%n/an/a
Chubb Ltd. CB$132.6 billion12.1614.8%23.1%8.0%0.231.1%
Progressive Corp. PGR$127.2 billion10.9734.1%16.2%10.5%0.246.4%
Travelers Companies, Inc. TRV$77.2 billion9.8725.1%21.1%2.4%0.270.8%
Allstate Corp. ALL$58.6 billion4.6139.4%23.2%5.9%0.221.7%
American International Group, Inc. AIG$40.4 billion14.097.3%13.6%-4.2%0.222.3%
Hartford Insurance Group, Inc. HIG$35.1 billion8.3722.2%17.3%7.0%0.221.7%
Arch Capital Group Ltd. ACGL$32.8 billion7.5119.5%26.9%0.4%0.185.2%
Everest Group, Ltd. EG$27.8 billion7.8912.4%13.4%-5.1%0.032.1%
W. R. Berkley Corp. WRB$26.7 billion14.7919.6%n/a4.3%n/a2.6%
Cincinnati Financial Corp. CINF$25.4 billion7.7920.0%29.8%19.6%0.052.1%
Loews Corp. L$22.0 billion13.208.8%12.3%3.5%0.470.2%
All 52 in Insurance
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Berkshire Hathaway Inc. BRK.B$1.09 trillion12.7311.5%15.0%3.9%n/an/a
UnitedHealth Group Inc. UNH$335.7 billion23.8713.5%4.8%6.5%0.672.4%
Chubb Ltd. CB$132.6 billion12.1614.8%23.1%8.0%0.231.1%
Progressive Corp. PGR$127.2 billion10.9734.1%16.2%10.5%0.246.4%
Elevance Health, Inc. ELV$86.9 billion17.8211.1%2.7%6.3%0.691.7%
Marsh & Mclennan Companies, Inc. MRSH$83.0 billion21.2325.8%21.6%8.3%1.272.0%
Travelers Companies, Inc. TRV$77.2 billion9.8725.1%21.1%2.4%0.270.8%
Cigna Group CI$74.3 billion11.6315.1%3.5%7.8%0.682.1%
Manulife Financial Corporation MFC *$69.9 billion19.3511.1%n/an/a0.153.4%
Metlife Inc. MET$62.8 billion18.8313.2%8.3%8.7%0.522.3%
Arthur J. Gallagher & Co. AJG$60.0 billion38.816.6%12.6%26.3%0.571.1%
Aon plc AON$58.8 billion15.2840.8%26.5%4.9%1.351.1%
Allstate Corp. ALL$58.6 billion4.6139.4%23.2%5.9%0.221.7%
Aflac Inc. AFL$57.7 billion12.4016.0%32.0%13.6%0.282.0%
Humana Inc. HUM$46.5 billion36.626.7%1.9%18.3%0.620.9%
Sun Life Financial Inc. SLF *$42.0 billion17.5714.5%n/a8.0%0.333.5%
American International Group, Inc. AIG$40.4 billion14.097.3%13.6%-4.2%0.222.3%
Prudential Financial Inc. PRU$39.2 billion10.2912.4%7.6%9.4%0.624.8%
Hartford Insurance Group, Inc. HIG$35.1 billion8.3722.2%17.3%7.0%0.221.7%
Arch Capital Group Ltd. ACGL$32.8 billion7.5119.5%26.9%0.4%0.185.2%
Centene Corp. CNC$31.9 billionn/a-22.6%-2.8%13.9%0.71n/a
Everest Group, Ltd. EG$27.8 billion7.8912.4%13.4%-5.1%0.032.1%
Willis Towers Watson plc WTW$27.7 billion18.3220.4%22.2%3.0%0.751.2%
W. R. Berkley Corp. WRB$26.7 billion14.7919.6%n/a4.3%n/a2.6%
Cincinnati Financial Corp. CINF$25.4 billion7.7920.0%29.8%19.6%0.052.1%
Principal Financial Group Inc. PFG$23.6 billion15.6412.8%11.9%3.7%0.362.8%
Loews Corp. L$22.0 billion13.208.8%12.3%3.5%0.470.2%
Brown & Brown, Inc. BRO$21.0 billion20.119.6%n/a34.2%0.621.0%
Reinsurance Group of America Inc. RGA$16.7 billion11.2411.0%7.2%19.4%0.421.4%
Corebridge Financial, Inc. CRBG$15.3 billion20.128.5%5.4%29.1%0.832.8%
Globe Life Inc. GL$15.3 billion11.0319.7%24.2%5.2%0.480.7%
Unum Group UNM$14.7 billion21.596.5%6.8%3.4%0.351.9%
Equitable Holdings, Inc. EQH$14.6 billionn/an/a-5.7%-22.1%n/a2.0%
Renaissancere Holdings Ltd. RNR$13.9 billion5.6522.3%39.6%-14.0%0.200.5%
Assurant, Inc. AIZ$13.5 billion13.0317.4%9.9%9.4%0.351.2%
Erie Indemnity Co. ERIE$11.8 billion20.5223.4%17.9%3.7%0.00n/a
American Financial Group Inc. AFG$11.8 billion12.4119.8%14.5%-0.2%0.385.1%
Fidelity National Financial, Inc. FNF$10.7 billion13.8610.4%11.3%13.0%0.595.1%
Molina Healthcare, Inc. MOH$10.2 billionn/a-0.2%0.5%2.6%0.90n/a
OLD Republic International Corp. ORI$9.3 billion8.4518.7%14.8%12.1%n/a9.5%
Voya Financial, Inc. VOYA$8.8 billion16.3013.0%9.1%3.2%0.451.9%
Primerica, Inc. PRI$8.5 billion11.0731.5%29.9%8.6%0.241.5%
Kinsale Capital Group, Inc. KNSL$7.7 billion13.7627.9%35.7%15.8%0.110.2%
Hanover Insurance Group, Inc. THG$7.7 billion10.5920.6%15.4%5.6%0.23n/a
First American Financial Corp. FAF$6.4 billion8.7013.3%12.3%22.6%n/a3.5%
Mgic Investment Corp. MTG$5.8 billion8.7114.1%74.0%-1.9%0.132.2%
Essent Group Ltd. ESNT$5.7 billion8.8712.0%62.0%4.3%0.082.1%
RLI Corp. RLI$5.2 billion11.8325.0%28.0%8.7%0.174.7%
Selective Insurance Group Inc. SIGI$5.1 billion10.5613.6%11.5%7.0%0.251.8%
CNO Financial Group, Inc. CNO$5.0 billion18.4010.8%13.3%6.0%0.521.3%
Brighthouse Financial, Inc. BHF$2.8 billion3.9412.7%14.7%2.6%0.48n/a
Ryan Specialty Holdings, Inc. RYANn/an/a19.4%14.8%14.4%7.13n/a
17 companies share its SEC industry code (Fire, Marine & Casualty Insurance); the rest are the names nearest in size in its wider industry, Insurance, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202623 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202511 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 202524 July 2025EDGAR
10-Q31 March 202524 April 2025EDGAR
10-K31 December 202412 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 202425 July 2024EDGAR
10-Q31 March 20241 May 2024EDGAR

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