Renaissancere Holdings Ltd (N:RNR)

Sector:  Financials Industry:  Reinsurance
 
See Regulatory Filings on SEC
Company Contact
Address: Renaissance House, 12 Crow Lane
PEMBROKE HM 19
Tel: 1-441-2954513
Website: https://www.renre.com
IR: See website
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Key People
Kevin J. O'Donnell
President, Chief Executive Officer, Director
Robert Qutub
Chief Financial Officer, Executive Vice President
Shannon Lowry Bender
Executive Vice President, Group General Counsel and Corporate Secretary
Ross A. Curtis
Executive Vice President, Chief Portfolio Officer
David E. Marra
Executive Vice President, Group Chief Underwriting Officer
James C. Fraser
Senior Vice President, Chief Accounting Officer
Sean G. Brosnan
Senior Vice President, Chief Investment Officer
   
Business Overview
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. The Company has two segments. The Property segment is comprised of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Casualty and Specialty segment is comprised of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Company writes catastrophe reinsurance and insurance coverage protecting against natural and man-made catastrophes, such as earthquakes, hurricanes, typhoons and tsunamis, winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism, among others. Its subsidiaries include Renaissance Reinsurance Ltd., Validus Reinsurance Ltd. and others.
Financial Overview
For the fiscal year ended 31 December 2023, Renaissancere Holdings Ltd revenues increased 64% to $8.38B. Net income applicable to common stockholders totaled $2.49B vs. loss of $1.1B. Revenues reflect Gross investment income increase from $581.5M to $1.28B. Net Income reflects Equity in earnings (losses) of other ven increase from $11.2M to $43.5M (income).
Employees: 925 as of Feb 14, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $12,436M as of Dec 31, 2023
Annual revenue (TTM): $8,374M as of Dec 31, 2023
EBITDA (TTM): $4,222M as of Dec 31, 2023
Net annual income (TTM): $2,488M as of Dec 31, 2023
Free cash flow (TTM): $1,801M as of Dec 31, 2023
Net Debt Last Fiscal Year: $81.14M as of Dec 31, 2023
Shares outstanding: 52,710,222 as of Mar 12, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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