RenaissanceRe
Combines global reinsurance underwriting with co-invested third-party capital.
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Profile
Writes property and casualty-and-specialty reinsurance across global markets. Its own balance sheet works alongside co-invested third-party capital, generating underwriting, fee, and investment income while catastrophe claims and managed-vehicle results shape performance.
Writes property and casualty-and-specialty reinsurance for insurers across global markets, with catastrophe coverage at the core of the Property segment.
Combines its own balance sheet with co-invested third-party capital through joint ventures, managed funds, and structured reinsurance products. Capital Partners earns management and performance fees, while the Integrated System coordinates customer relationships, risk selection, and capital management.
Operates from Bermuda with Lloyd's access to global markets. Underwriting results remain exposed to hurricanes, floods, winter storms, and other insured events; performance fees also depend on vehicle results. Profit comes from underwriting, fee, and investment income.
Company facts
Categories
Key statistics
Year to date +21.5% · Average volume (30d) 287.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | UBS | Reiterate | Neutral | $349 | $350 | |
| Jul 23, 2026 | Evercore ISI | Target | $320 | $330 | ||
| Jul 10, 2026 | Evercore ISI | Target | $309 | $320 | ||
| Jul 9, 2026 | Cantor Fitzgerald | Reiterate | Overweight | $340 | $354 | |
| Jul 9, 2026 | Mizuho Securities | Target | $325 | $329 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 22, 2026Q2 FY26 | $11.72 | $12.92 | +10.2% | $2.57B | $2.28B | −11.4% | −0.71% |
| Apr 28, 2026Q1 FY26 | $11.07 | $13.75 | +24.2% | $2.84B | $2.68B | −5.8% | −2.21% |
| Feb 3, 2026Q4 FY25 | $10.42 | $13.34 | +28.0% | $2.03B | $1.60B | −21.3% | +5.04% |
| Oct 28, 2025Q3 FY25 | $9.97 | $15.62 | +56.7% | $2.33B | $3.19B | +36.6% | +6.90% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.45B | $3.19B | $3.19B | $2.92B | $2.17B | $2.37B | |
| Gross profit | $61.5M | $1.50B | $1.65B | $1.97B | $1.19B | $1.43B | |
| Operating income | −$70.8M | $1.34B | $1.48B | $1.26B | $548.8M | $838.9M | |
| Net income | $170.0M | $835.4M | $916.5M | $760.5M | $293.4M | $663.1M | |
| Diluted EPS | $3.27 | $17.20 | $19.40 | $16.75 | $6.57 | $15.75 | |
| Gross margin | 1.8% | 47.1% | 51.7% | 67.5% | 54.7% | 60.3% | |
| Operating margin | -2.1% | 42.1% | 46.5% | 43.2% | 25.2% | 35.4% |
Fiscal years (4-quarter sums)FY21 $5.27B · FY22 $5.05B · FY23 $9.09B · FY24 $11.65B · FY25 $12.75B
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $5.25B · Total debt $2.33B · Total assets $55.20B · Shareholders' equity $11.82B
Dividends
Raised for 29 straight years — most recently to $0.41 from $0.40 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jun 30 | $0.41 | |
| Mar 13, 2026 | Mar 13 | Mar 31 | $0.41 | raised from $0.40 |
| Dec 15, 2025 | Dec 15 | Dec 31 | $0.40 | |
| Sep 15, 2025 | Sep 15 | Sep 30 | $0.40 | |
| Jun 13, 2025 | Jun 13 | Jun 30 | $0.40 | |
| Mar 14, 2025 | Mar 14 | Mar 31 | $0.40 | raised from $0.39 |
| Dec 13, 2024 | Dec 13 | Dec 31 | $0.39 | |
| Sep 13, 2024 | Sep 13 | Sep 30 | $0.39 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 41.55M · Float 40.60M · 97.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.16M | 10.02% | 13F | Aug 7, 2026 |
| Orbis Investment Management Ltd | 2.86M | 5.50% | 13G | Feb 14, 2025 |
| State Farm Mutual Automobile Insurance Co | 2.40M | 5.77% | 13F | Aug 12, 2026 |
| Vanguard Portfolio Management LLC | 2.25M | 5.42% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 1.93M | 4.64% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 26, 2026 | Ross Curtis | officer: EVP,Chief Portfolio Officer | −377 | $335.00 |
| Aug 24, 2026 | Ross Curtis | officer: EVP,Chief Portfolio Officer | −5,000 | $330.00 |
| Aug 17, 2026 | Ross Curtis | officer: EVP,Chief Portfolio Officer | −5,000 | $325.00 |
| Jul 28, 2026 | Robert Qutub | officer: EVP, Chief Financial Officer | −5,000 | $333.03 |
| May 18, 2026 | Carol P. Sanders | director | −1,479 | $297.36 |
Peers
- Everest Group
Close overlap in global property, casualty, and specialty reinsurance
- Arch Capital Group
Bermuda peer spanning property catastrophe, casualty, and specialty
- AXIS Capital
Targeted property, casualty, and specialty reinsurance peer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| RenaissanceRe | $330.74 | +0.01% | $13.74B | 5.7 | 8.3 | 1.3 | −28.5% |
| Everest Group | $377.61 | −0.02% | $14.94B | 8.0 | 6.9 | 0.9 | −10.1% |
| Arch Capital Group | $97.15 | −1.71% | $34.53B | 7.7 | 10.5 | 1.8 | −22.3% |
| AXIS Capital | $99.52 | 0.00% | $7.26B | 6.3 | 7.6 | 1.1 | +7.4% |
| Median | 7.7 | 7.6 | 1.1 | −10.1% |