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
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -47.3% |
| Our one-year growth estimate | diamond | -22.5% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 24.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 3 industry peers
RNR — CFO transition
Dated 2026-05-14
Chief Financial Officer — Robert Qutub: Robert Qutub is retiring as CFO, and Matthew Neuber will succeed him.
Why it matters: More share buybacks show good capital management. They also show trust in the company.
Supportive ifShare repurchases in Q3 are over $350 million. This shows strong capital management.
Worry ifShare buybacks in Q3 are below $350 million. This hints at weaker capital management.
Why it matters: Better underwriting income means better risk management. This leads to more profit for RenaissanceRe.
Supportive ifQ2 underwriting income is up. It is better than Q1's income of $588,758.
Worry ifQ2 underwriting income stays negative or drops more from Q1's level.
Why it matters: A higher combined ratio means weaker underwriting performance. This could hurt profits.
Worry ifThe combined ratio for Q3 is over 73.0%. This shows possible underwriting problems.
Less concerning ifThe combined ratio for Q3 is under 73.0%. This suggests strong underwriting performance.
Why it matters: Slower growth in book value may show trouble in keeping shareholder value.
Worry ifBook value per common share growth in Q3 is below 5.7%, signaling potential value erosion.
Less concerning ifBook value per common share growth in Q3 exceeds 5.7%, indicating strong performance.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$95 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $223 loss on $10,000 · 2.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,327 loss on $10,000 · 13.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A lower ratio shows better claims management and can help profits.
Supportive ifNet claims and claim expense ratio falls below 45.1% in Q2.
Worry ifNet claims and claim expense ratio rises above 52.5% in Q2.
Why it matters: Better cash flow helps keep profits steady and dividends reliable.
Supportive ifCash flow from operations shows a year-over-year increase of more than 15%.
Worry ifCash flow from operations goes down or stays the same compared to last year.
Why it matters: This change may affect how the company controls money and its plans.
Watch forMatthew Neuber's leadership helps the company do better in Q3 2026.
Also watch forFinancial numbers drop or do not change after the transition.
Why it matters: A steady or higher dividend shows financial strength. It shows commitment to shareholders.
Supportive ifDividend per share increases from $0.41 in Q1 2026.
Worry ifDividend per share remains at $0.41 or decreases in Q2 2026.
Why it matters: Net income growth shows that the company is making more money. This matches management's focus on being efficient.
Supportive ifQ2 net income increases year over year by more than 20%.
Worry ifQ2 net income growth is less than 10% year over year.
Why it matters: Stable dividends show good financial health. This may attract investors looking for income.
Watch forManagement says there will be no changes to the dividend policy soon.
Also watch forManagement announces a cut or stop to the dividend.
Why it matters: If revenue growth drops below its median, it may signal a slowdown in the financial sector. This could impact RenaissanceRe.
Worry ifSector revenue growth drops below its median of 12%.
Less concerning ifSector revenue growth stays above its median of 12%.
Why it matters: A drop in fee income may mean less stable earnings and less diversity.
Worry ifFee income below $80 million would show weakening contributions from this revenue stream.
Less concerning ifFee income over $80 million shows stable earnings and good diversity.