founded in bermuda in 1993, renaissancere has offices around the globe and is one of the world’s largest and most successful catastrophe reinsurers. renaissancere is also a leading provider of casualty and specialty reinsurance across a wide range of products. we participate selectively in the insurance market through renaissancere syndicate 1458 at lloyd’s. in addition, we create and manage joint ventures and structured products that enable others to partner with and invest alongside us. our largest joint ventures include davinci reinsurance ltd. and top layer reinsurance ltd. our management expertise, disciplined underwriting approach, sophisticated risk models and responsive client service have earned us a reputation for excellence throughout our industry. this success has also led us to achieve a consistent record of exceptional financial performance for renaissancere’s shareholders.
Company profile
Ticker
RNR, RNR-PF, RNR-PG
Exchange
Website
CEO
Kevin O'Donnell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
DaVinci Reinsurance Ltd. • DaVinciRe Holdings Ltd. • Fontana Holdings L.P. • Fontana Reinsurance Ltd. • Fontana Reinsurance U.S. Ltd. • Fontana Holdings • Fontana UK Holdings Limited • Renaissance Investment Holdings Ltd. • Renaissance Investment Management Company Limited • Renaissance Other Investments Holdings Ltd. ...
IRS number
980138020
RNR stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Results of Operations and Financial Condition
30 Jan 24
8-K/A
Financial Statements and Exhibits
11 Jan 24
8-K
Entry into a Material Definitive Agreement
13 Dec 23
8-K
Departure of Directors or Certain Officers
9 Nov 23
8-K
Entry into a Material Definitive Agreement
2 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
Transcripts
RNR
Earnings call transcript
2023 Q4
31 Jan 24
RNR
Earnings call transcript
2023 Q3
2 Nov 23
RNR
Earnings call transcript
2023 Q2
26 Jul 23
RNR
Earnings call transcript
2023 Q1
3 May 23
RNR
Earnings call transcript
2022 Q4
1 Feb 23
RNR
Earnings call transcript
2022 Q3
2 Nov 22
RNR
Earnings call transcript
2022 Q2
26 Jul 22
RNR
Earnings call transcript
2022 Q1
4 May 22
RNR
Earnings call transcript
2021 Q4
26 Jan 22
RNR
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn |
Cash burn (monthly) | (no burn) | 696.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 4.67 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.19 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 1710.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
89.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 377 |
Opened positions | 48 |
Closed positions | 61 |
Increased positions | 141 |
Reduced positions | 138 |
13F shares | Current |
---|---|
Total value | 9.32 tn |
Total shares | 47.17 mm |
Total puts | 78.98 k |
Total calls | 34.70 k |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.42 mm | $1.07 tn |
BLK Blackrock | 4.57 mm | $904.47 bn |
Capital World Investors | 2.51 mm | $497.46 bn |
STT State Street | 2.47 mm | $488.00 bn |
State Farm Mutual Automobile Insurance | 2.40 mm | $474.87 bn |
T. Rowe Price | 2.12 mm | $420.60 bn |
Boston Partners | 2.05 mm | $406.39 bn |
BK Bank Of New York Mellon | 1.45 mm | $287.29 bn |
FIL | 1.41 mm | $278.33 bn |
Egerton Capital | 1.41 mm | $278.32 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Kevin ODonnell | Common Stock | Payment of exercise | Dispose F | No | No | 235.4 | 10,106 | 2.38 mm | 405,489 |
18 Mar 24 | Kevin ODonnell | Common Stock | Sale back to company | Dispose D | No | No | 0 | 1,437 | 0.00 | 415,595 |
18 Mar 24 | Robert Qutub | Common Stock | Payment of exercise | Dispose F | No | No | 235.4 | 3,089 | 727.15 k | 76,415 |
18 Mar 24 | Robert Qutub | Common Stock | Sale back to company | Dispose D | No | No | 0 | 439 | 0.00 | 79,504 |
18 Mar 24 | Ross Curtis | Common Stock | Sale back to company | Dispose D | No | No | 0 | 467 | 0.00 | 176,620 |
15 Mar 24 | David E Marra | Common Stock | Sell | Dispose S | No | Yes | 239 | 750 | 179.25 k | 86,544 |
1 Mar 24 | Shyam H Gidumal | Common Stock | Grant | Acquire A | No | No | 0 | 738 | 0.00 | 2,537 |
News
Evercore ISI Group Maintains Underperform on RenaissanceRe Holdings, Raises Price Target to $216
11 Apr 24
JP Morgan Maintains Neutral on RenaissanceRe Holdings, Raises Price Target to $237
8 Apr 24
Insurance Stocks Moving In Tuesday's Intraday Session
13 Feb 24
Insurance Stocks Moving In Thursday's Intraday Session
8 Feb 24
Insurance Stocks Moving In Wednesday's Intraday Session
7 Feb 24
Press releases
RenaissanceRe Schedules First Quarter 2024 Financial Results Conference Call
3 Apr 24
RenaissanceRe Holdings Ltd. Announces Twenty-Ninth Consecutive Annual Increase in Quarterly Dividend
6 Feb 24
RenaissanceRe Reports $1.6 Billion of Quarterly Net Income Available to Common Shareholders and $623.1 Million of Quarterly Operating Income Available to Common Shareholders in Q4 2023.
30 Jan 24