Hurricane Ian is just off the Gulf Coast of Florida and approaching landfall near Cape Coral as a Category 4 storm with maximum sustained winds of 155 miles per hour. On Wednesday, several Wall Street analysts said it''s still too soon to project the potential impact Ian will have on insurance and reinsurance stocks. Reinsurance Stocks: Bank of America analyst Joshua Shanker said investors will get a clearer picture of the damage from Ian in the next 48 hours. Ian could be a significant catalyst for reinsurance stocks, including Arch Capital Group Ltd. (NASDAQ: ACGL ), AXIS Capital Holdings Ltd (NYSE: AXS ), Everest Re Group Ltd (NYSE: RE ) and RenaissanceRe Holdings Ltd. (NYSE: RNR ), the analyst said. "It is not unreasonable to … Full story available on Benzinga.com
Specialty Insurance Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 09/07/2022 -- The Latest research study released by HTF MI "Specialty Insurance Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are UnitedHealthcare, AXA, Allianz, AIG, Tokio Marine, ACE&Chubb, China Life, XL Group, Argo Group, PICC, Munich Re, Hanover Insurance, Nationwide, CPIC, Assurant, Sompo Japan Nipponkoa, Zurich, Hudson, Ironshore, Hiscox, Manulife, RenaissanceRe Holdings, Mapfre & Selective Insurance etc. Click here for free sample + related graphs of the report @: https://www.htfmarketreport.com/sample-report/3308917-specialty-insurance-market-2 Browse market information, tables and figures extent in-depth TOC on "Specialty Insurance Market by Application (Commercial & Personal), by Product Type (, Life Insurance & Property Insurance), Business scope, Manufacturing and Outlook – Estimate to 2027". for more information or any query mail at sales@htfmarketreport.com At last, all parts of the Specialty Insurance Market are quantitatively also subjectively valued to think about the Global just as regional market equally.
RenaissanceRe (NYSE:RNR) declares $0.37/share quarterly dividend, in line with previous.Forward yield 1.19%Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept.
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.37 per common share on its common shares. The dividend is payable on September 30, 2022, to shareholders of record on September 15, 2022. In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase program,
The following is a discussion and analysis of our results of operations for the three and six months ended June 30, 2022 and 2021, as well as our liquidity and capital resources at June 30, 2022. In this Form 10- Q, references to "RenaissanceRe" refer to RenaissanceRe Holdings Ltd. and references to "we," "us," "our" and the "Company" refer to RenaissanceRe Holdings Ltd….
RenaissanceRe Holdings Ltd. (NYSE:NYSE:RNR) Q2 2022 Earnings Conference Call July 26, 2022 10:00 AM ET Company Participants Keith McCue – Senior Vice President-Finance and Investor…
RenaissanceRe press release (NYSE:RNR): Q2 Non-GAAP EPS of $5.51 beats by $0.41.Revenue of $866.97M (-41.4% Y/Y) misses by $863.03M.
RenaissanceRe (RNR) is scheduled to announce Q2 earnings results on Monday, July 25th, after market close
RenaissanceRe Holdings (NYSE: RNR ) is set to give its latest quarterly earnings report on Monday, 2022-07-25. Here''s what investors need to know before the announcement. Analysts estimate that RenaissanceRe Holdings will report an earnings per share (EPS) of $5.32. RenaissanceRe Holdings bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
Bermuda-based RenaissanceRe (RNR) shares are slipping 1.2% in late Tuesday morning trading after Jefferies analyst Yaron Kinar downgraded the reinsurance provider to Hold from…
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Tuesday, July 26, 2
RenaissanceRe (NYSE:RNR) declares $0.37/share quarterly dividend, in line with previous.Forward yield 0.99%Payable June 30; for shareholders of record June 15; ex-div June 14.In addition,…
The following is a discussion and analysis of our results of operations for the three months ended March 31, 2022 and 2021, as well as our liquidity and capital resources at March 31, 2022. In this Form 10- Q, references to "RenaissanceRe" refer to RenaissanceRe Holdings Ltd. and references to "we," "us," "our" and the "Company" refer to RenaissanceRe Holdings Ltd…. The post RENAISSANCERE HOLDINGS LTD – 10-Q – MANAGEMENT''S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS appeared first on InsuranceNewsNet .
RenaissanceRe Holdings Ltd. (NYSE:NYSE:RNR) Q1 2022 Earnings Conference Call May 4, 2022, 11:00 AM ET Company Participants Kevin O’Donnell – President & Chief Executive Officer Robert…
RNR earnings call for the period ending June 30, 2021.
Bermuda-based reinsurer RenaissanceRe Holdings Ltd. has announced gross written premium growth to more than $2 billion for the second quarter of 2021, as the companys underwriting income improved year-on-year and combined ratio strengthened to 72.4%. For Q2 2021, RenRes underwriting income reached $329 million compared with $217 million for the same period last year. In [] The post RenRe reports higher underwriting income, improved CR in Q2 2021 appeared first on ReinsuranceNe.ws .
RenaissanceRe Holdings Ltd. announced that it has decided to call all 11,000,000 of its outstanding 5.375% Series E Preference Shares for mandatory
Reinsurer RenaissanceRE (RNR) has price a new issue of non-cumulative preferred stock. The issue has priced at 4.20%is non-cumulative and perpetual. Optional redemption is available to the company starting 7/15/2026. The company will use the proceeds to call the 5.375% preferredRNR-E issue which has been redeemable for 3 years. This issue is investment grade with Continue reading "RenaissanceRE Holdings Prices New Perpetual Preferred" The post RenaissanceRE Holdings Prices New Perpetual Preferred first appeared on Innovative Income Investor .
We consider that RenaissanceRes inventory (NYSE: RNR) has an upside potential of round 40% within the subsequent 1.5-2 years, as soon as the low funding yields see some restoration. RenaissanceRe, a supplier of reinsurance, insurance coverage, and different associated enterprise companies, trades at $145 at the moment and has gained 12% in worth up to now [] The post RenaissanceRe Inventory Has A 40% Upside appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the Company or RenaissanceRe) will conduct an investment community conference call on Friday, July 23, 2021, at 10:00 a.m. ET to discuss its financial results for the second quarter of 2021, as well as the Company''s outlook. RenaissanceRe will release its results following the close of market on Thursday, July 22, 2021. A live webcast of the conference call will be available through the Investors section of Renaiss
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa- (Superior) of Renaissance Reinsurance Ltd. (RenaissanceRe), Renaissance Reinsurance U.S. Inc. (Maryland), RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Unlimited Company (Dublin, Ireland) and RenaissanceRe Europe AG (Zurich, Switzerland) (formally named Tokio Millennium Re AG). Additionally, AM Best has
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of aa- of Renaissance Reinsurance Ltd. ,
Citigroup Stick to Their Hold Rating for Renaissancere Holdings Ltd
The stock has gained 11% since the March 23 lows of the last year, and at the current price of $146 per share, we believe RenaissanceRe Stock has more upside potential
RenaissanceRe Holdings Ltd. with ticker code (RNR) have now 7 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 203 and 179 calculating the average target price we see 187.43. With the stocks previous close at 150.77 this would imply there is a potential upside of 24.3%. There is a 50 day moving average of 161.93 while the 200 day moving average is 163.49. The company has a market capitalisation of $7,483m. Company Website: /> [stock_market_widget type="chart" symbol="RNR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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, and other windstorms, as well as claims arising from other natural and man-made catastrophes comprising tsunamis, winter storms, freezes, floods, fires, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that it will be rebranding its Ventures business as “RenaissanceRe Capital Partners.” Chris Parry, SVP, Global Head – Capital Partners (pending Bermuda Immigration approval), will lead this business and report to Kevin O’Donnell, President and Chief Executive Officer. RenaissanceRe Capital Partners will remain focused on managing RenaissanceRe’s third-party capital rela
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.36 per common share, from $0.35 per common share. The Company has increased its dividend during each of the twenty-six years since its initial public offering. The dividend is payable on March 31, 2021, to shareholders of record on March 15, 2021. About RenaissanceRe RenaissanceRe is a global provider of reinsurance and insurance th
During an upbeat earnings call focused on how RenaissanceRe is using $1 billion of capital it raised last year in 2021, the CEO highlighted one negative development for the industry overall — inadequate estimates of COVID-19 losses. “Even as COVID …
RenaissanceRe (NYSE:RNR) announced its earnings results on Monday. The insurance provider reported ($1.59) EPS for the quarter, beating analysts’ consensus estimates of ($2.15) by $0.56, MarketWatch Earnings reports. RenaissanceRe had a return on equity of 2.44% and a net margin of 12.46%. During the same quarter in the previous year, the company earned $0.77 earnings […]
RenaissanceRe (NYSE:RNR) released its quarterly earnings data on Monday. The insurance provider reported ($1.59) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($2.15) by $0.56, MarketWatch Earnings reports. RenaissanceRe had a return on equity of 2.44% and a net margin of 12.46%. During the same quarter in the previous year, […]
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today reported net income available to RenaissanceRe common shareholders of $189.8 million, or $3.74 per diluted common share, in the fourth quarter of 2020, compared to $33.8 million, or $0.77 per diluted common share, in the fourth quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $77.1 million, or $1.59 per diluted common share, in the fourth quar
For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders.
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today announced it estimates that losses from weather-related catastrophe events and certain losses related to the COVID-19 pandemic will have a net negative impact on the Company’s fourth quarter 2020 results of operations. For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attribut
RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change. More information can be found on RenaissanceRe’s new ESG …
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change. More information can be found on RenaissanceRe’s new ESG website (https://www.renre.com/about-us/esg-at-renaissancere/) which provides insight into key sustainability activities for
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, January 27, 2021, at 11:00 a.m. ET to discuss its financial results for the fourth quarter and year-end 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, January 26, 2021. A live webcast of the conference call will be available through the Investors
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe on December 31, 2020 and will continue to serve as an advisor for 12 months. Kevin O’Donnell,
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on December 31, 2020, to shareholders of record on December 15, 2020. About RenaissanceRe RenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. The Company provides property, casualty and spec
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today reported net income available to RenaissanceRe common shareholders of $47.8 million, or $0.94 per diluted common share, in the third quarter of 2020, compared to $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $131.7 million, or $2.64 per diluted common share, in the third quarter
RenaissanceRe announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
RenaissanceRe (NYSE:RNR) will post its quarterly earnings results after the market closes on Tuesday, October 27th. Analysts expect RenaissanceRe to post earnings of $1.45 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link. RenaissanceRe (NYSE:RNR) last released its quarterly earnings results on […]
RenaissanceRe (NYSE:RNR) had its price objective lowered by equities research analysts at Morgan Stanley from $205.00 to $194.00 in a report issued on Monday, AnalystRatings.net reports. The firm currently has an “equal weight” rating on the insurance provider’s stock. Morgan Stanley’s price target suggests a potential upside of 12.44% from the stock’s previous close. Separately, […]
RenaissanceRe (NYSE:RNR) had its price objective decreased by Morgan Stanley from $205.00 to $194.00 in a research report sent to investors on Monday morning, Analyst Ratings Network reports. Morgan Stanley currently has an equal weight rating on the insurance provider’s stock. Separately, TheStreet upgraded shares of RenaissanceRe from a c+ rating to a b rating […]
RenaissanceRe Holdings Ltd. announced it estimates that natural catastrophes during the third quarter of 2020 will have a net negative impact of approximately $325 million. The estimated net negative impact is primarily driven by losses from Hurricanes Laura and Sally, …
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today announced it currently estimates that losses from third quarter 2020 catastrophe events will have an estimated net negative impact of approximately $325 million on its third quarter 2020 results of operations. The estimated net negative impact is primarily driven by losses from Hurricanes Laura and Sally, as well as the wildfires in California, Oregon and Washington. In addition,
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, October 28, 2020, at 11:00 a.m. ET to discuss its financial results for the third quarter of 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, October 27, 2020. A live webcast of the conference call will be available through the Investors section of
Its revenues surpass US$1.5 billion
RenaissanceRe Holdings Ltd. … | July 28, 2020
RenaissanceRe (NYSE:RNR): Q2 Non-GAAP EPS of $4.06 beats by $1.33; GAAP EPS of $12.63 beats by $9.45. Revenue of $1.55B (+25.0% Y/Y) beats by $360M. Press
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today reported net income available to RenaissanceRe common shareholders of $575.8 million, or $12.63 per diluted common share, in the second quarter of 2020, compared to net income available to RenaissanceRe common shareholders of $367.9 million, or $8.35 per diluted common share, in the second quarter of 2019. Operating income available to RenaissanceRe common shareholders was $190.1