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RenaissanceRe (RNR) Company Profile

Updated Sep 9, 2019
RenaissanceRe has the following business profile:
Company's Full Name:RenaissanceRe Holdings Ltd.
Short Name:RenaissanceRe
Trading Ticker Symbol:RNR
Primary Exchange:NYSE
Headquarter City/Country:Bermuda
Primary Industry Sector:Finance
Seconday Sub-sector:Property-Casualty Insurers
Main Business Areas: Finance, Property-Casualty Insurers, Financial Services, Reinsurance
Dividend Payments:Dividend History

Market and Trading Information for RenaissanceRe

The following details were available for trading and market data about the stock of RenaissanceRe as of writing:
Current Share Price:$189.64
Previous Year's Closing Price:$133.69
Percentage Price Change (YTD):41.85%
Market Cap:$8.38 billion
52-week Price Range:$118.28 - $193.34
Dividend Per Share:$1.34
EPS (TTM):14.1
Price-Earnings (Trailing):13.45
Price-Earnings (Forward):12.89

Company Profile and Business Description for RenaissanceRe

RenaissanceRe Holdings Ltd., incorporated on June 7, 1993, provides reinsurance and insurance coverages and related services to a range of customers. The Company's products include property, casualty and specialty reinsurance and certain insurance products principally distributed through intermediaries. The Company's segments include Property; Casualty and Specialty, and Other category. The Property segment consisted of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries and certain joint ventures managed by its ventures unit. The Casualty and Specialty segment consisted of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries and certain joint ventures managed by its ventures unit. Its Other category primarily includes its strategic investments, investments unit, corporate expenses, capital servicing.

Property segment

Property segment includes its catastrophe class of business, principally consisted of excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, and its other property class of business, primarily consisted of proportional reinsurance, property per risk, property (re)insurance, binding facilities and regional United States multi-line reinsurance. The Company writes catastrophe reinsurance and insurance coverage protecting against natural catastrophes, such as earthquakes, hurricanes and tsunamis, as well as claims arising from other natural and man-made catastrophes, such as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism. The Company offers this coverage to insurance companies and other reinsurers primarily on an excess of loss basis. It also offers proportional coverages and other structures on a catastrophe-exposed basis.

Casualty and Specialty Segment

The Company writes casualty and specialty reinsurance and insurance covering primarily targeted classes of business. The Company offers its casualty and specialty reinsurance products principally on a proportional basis, and it also provides excess of loss coverage. Its Casualty and Specialty segment provides coverage for relatively large limits or exposures. Casualty and Specialty segment offers certain casualty insurance products through RenaissanceRe Syndicate 1458 (Syndicate 1458), including general liability, medical malpractice and professional liability. Syndicate 1458 also writes business through delegated authority arrangements.

Other

The Company's Other category primarily includes the results of its share of investments in certain markets. It also includes the results of its investment unit, which manages and invests the funds generated by its consolidated operations.

The Company competes with Allied World Assurance Company, AG, Arch Capital Group Ltd., Aspen Insurance Holdings Limited, Axis Capital Holdings Limited, Chubb Limited, Endurance Specialty Holdings Ltd., Everest Re Group, Ltd., Fidelis Insurance Holdings Limited, Hamilton Re Ltd., PartnerRe Ltd., Third Point Reinsurance Ltd., Validus Holdings, Ltd., White Mountains Insurance Group, Ltd., XL Group plc, American International Group, Inc., Berkshire Hathaway Inc., Hannover Ruckversicherung AG, Ironshore Inc., Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft and Swiss Re Ltd.

Renaissance House

Peer / Competitor Companies of Property-Casualty Insurers Sector

Along with RenaissanceRe Holdings Ltd., the following other peer (competitor) companies also exist within the same Property-Casualty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ 1347 Property Insurance (PIH): 1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners ....See Detailed Company Profile  and Dividend History.

▶ Alleghany (Y): Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property ....See Detailed Company Profile  and Dividend History.

▶ Allied World Assurance AG (AWH): Allied World Assurance Company Holdings, AG, incorporated on May 12, 2010, is a holding company. The Company provides property, casualty and specialty insurance and reinsurance solutions to clients around the ....See Detailed Company Profile  and Dividend History.

▶ Allstate (ALL): The Allstate Corporation (Allstate), incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBC): Ambac Financial Group, Inc. (Ambac), incorporated on April 29, 1991, is a financial services holding company. The Company operates through two segments: Financial Guarantee and Financial Services. The Financial Guarantee ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBCW): ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFA): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFG): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGE): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGH): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFW): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American International (AIG): American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other ....See Detailed Company Profile  and Dividend History.

▶ AMERISAFE (AMSF): Amerisafe, Inc., incorporated on October 28, 1985, is an insurance holding company. The Company is engaged in providing workers compensation insurance focused on small to mid-sized employers engaged in hazardous ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSI): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSS): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFST): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGL): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGLP): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Aspen Insurance (AHL): Aspen Insurance Holdings Limited, incorporated on May 23, 2002, is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its insurance and reinsurance ....See Detailed Company Profile  and Dividend History.

▶ Assured Guaranty (AGO): Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including ....See Detailed Company Profile  and Dividend History.

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