RenaissanceRe (RNR)
NYSEFinancialsInsurance - ReinsuranceSnapshot 2026-09-04
$330.38-2.25%
Close 2026-09-04 · 1-day change
NYSEFinancialsInsurance - ReinsuranceSnapshot 2026-09-04
QuarterlyIQ Insights · RNR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-09-04.
The screen ranks RNR against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 55% of the time over the next year (vs 62% for the rest of the cohort, n=10246).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Maintain disciplined underwriting with portfolio construction focused on high-quality clients and retrocessional protection to deliver superior returns and low combined ratios.
Stated as a priority in 4 of last 4 quarters. The combined ratio was 72.8% in 2026-Q2 and 73.0% in 2026-Q1, reflecting disciplined underwriting and portfolio management. Management consistently emphasizes disciplined portfolio decisions and retrocessional protection. The trajectory is delivering with stable low combined ratios and underwriting income supporting strong returns.
“Underwriting performance anchored our results, producing a 72.8% combined ratio. We continue to make disciplined portfolio decisions.”
“We delivered a low combined ratio of 73.0%, reflecting the strength of our underwriting decisions and deliberate portfolio construction.”
“At the January 1 renewal, we retained the lines that we targeted and built an underwriting portfolio designed to generate returns well in excess of the cost of capital.”
“We have accomplished this by consistently executing our strategy and maximizing the returns on each of our Three Drivers of Profit – underwriting, fee and net investment income.”
Maintain and grow fee income from management and performance fees alongside net investment income to support earnings stability and diversification.
Stated as a priority in 4 of last 4 quarters. Fee income was $83.0 million in 2026-Q2 and $94.1 million in 2026-Q1, with net investment income of $432.5 million and $420.5 million respectively, showing stable contributions from both sources. Management consistently highlights the importance of diversified earnings through fee and investment income. The trajectory shows sustained earnings diversification and stability.
Continue disciplined capital allocation with share repurchases and capital returns to enhance shareholder value and support book value growth.
Stated as a priority in 4 of last 4 quarters. Share repurchases totaled $350 million in 2026-Q2 and $352.5 million in 2026-Q1, with additional repurchases continuing post-quarter. Since initiating repurchases two years ago, management reports buying back 11.5 million shares for about $3 billion. The trajectory shows disciplined capital management with consistent share repurchases supporting capital return.
Focus on compounding tangible book value per common share through underwriting, investment income, and capital management.
Stated as a priority in 4 of last 4 quarters. Book value per common share grew 5.7% in 2026-Q2 to $264.77 and 1.4% in 2026-Q1, with 24.8% growth since June 30, 2025. Management consistently highlights compounding book value through underwriting, investment income, and capital management. The trajectory is delivering sustained book value growth.
Manage planned CFO and Chief Portfolio Officer retirements with internal promotions to ensure leadership continuity and talent development.
Newly stated in 2026-Q2. Management announced planned retirements of CFO and Chief Portfolio Officer with internal succession plans, including Matthew Neuber as new CFO effective January 1, 2027. This reflects a focus on leadership continuity and talent development. No prior quarters mention this priority.
“Announced CFO and Chief Portfolio Officer retirements; Matthew Neuber to become CFO in 2027.”
Over the trailing year it converted 0.84x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=9112).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
11 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=2725).
Not investment advice. As of 2026-09-04.
“Fee income of $83.0 million, with strong contributions from management and performance fees. Net investment income of $432.5 million, up 4.7% from Q2 2025.”
“Fee income of $94.1 million, with strong contributions from management and performance fees. Net investment income of $420.5 million, up 3.7% from Q1 2025.”
“Fee income of $101.6 million, up 31.8% from Q4 2024. Net investment income of $446.7 million.”
“Strong performance across the Three Drivers of Profit: underwriting income, net investment income, and fee income.”
“We repurchased $350 million of our shares during the quarter. Since we began repurchasing shares two years ago, we have repurchased 11.5 million shares for approximately $3 billion.”
“We repurchased $352.5 million of shares during the quarter and an additional $104.8 million through April 24, 2026.”
“Repurchased approximately $650.5 million of common shares in Q4 2025, reducing share count by 5.5%.”
“Repurchased $1.6 billion of common shares in 2025, reducing share count by 12.8%.”
“Growing book value per common share by 5.7% to $264.77, with 24.8% growth since June 30, 2025.”
“Change in book value per common share was 1.4% for the quarter.”
“Grew book value per common share by 6.8% in Q4 2025.”
“Book value per common share grew 26.2% in 2025.”