Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 18%, FCF Yield is 33%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -87%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%, CFO LTM is 4.2 Bil, FCF LTM is 4.2 Bil

Stock buyback support
Stock Buyback 3Y Total is 2.6 Bil

Low stock price volatility
Vol 12M is 23%

Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, and Offshore Wind Development. Themes include Solar Energy Generation, Wind Energy Development, Show more.

Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%

Weak multi-year price returns
2Y Excs Rtn is -2.7%, 3Y Excs Rtn is -28%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.1%, Rev Chg QQuarterly Revenue Change % is -37%

Key risks
RNR key risks include [1] significant financial volatility from its inherent exposure to catastrophic events and [2] pressure on profit margins from escalating operational costs and rising interest expenses on elevated debt.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 18%, FCF Yield is 33%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -87%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%, CFO LTM is 4.2 Bil, FCF LTM is 4.2 Bil
3 Stock buyback support
Stock Buyback 3Y Total is 2.6 Bil
4 Low stock price volatility
Vol 12M is 23%
5 Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, and Offshore Wind Development. Themes include Solar Energy Generation, Wind Energy Development, Show more.
6 Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%
7 Weak multi-year price returns
2Y Excs Rtn is -2.7%, 3Y Excs Rtn is -28%
8 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.1%, Rev Chg QQuarterly Revenue Change % is -37%
9 Key risks
RNR key risks include [1] significant financial volatility from its inherent exposure to catastrophic events and [2] pressure on profit margins from escalating operational costs and rising interest expenses on elevated debt.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

RenaissanceRe (RNR) stock has gained about 5% since 1/31/2026 because of the following key factors:

1. RenaissanceRe reported robust first-quarter 2026 earnings, significantly surpassing analyst expectations, driven by exceptional underwriting performance and benign catastrophe losses. The company announced operating income of $590.5 million, or $13.75 per diluted share, for Q1 2026, exceeding consensus estimates of $11.07 per share by $2.68. This represents a 24.23% earnings surprise. A key factor was the improved consolidated combined ratio, which strengthened to 73.0% from 128.3% in the prior year, primarily due to a property segment combined ratio of 34.1% amidst lower catastrophe losses. Global insured losses from natural disasters in Q1 2026 were approximately $20 billion, 26% below the decadal average, contributing to a favorable loss environment for the insurance sector.

2. RenaissanceRe's consistent and substantial share repurchase program demonstrated confidence in the company's valuation and actively returned capital to shareholders. During the first quarter of 2026, the company repurchased 1.2 million common shares for $352.5 million at an average price of $289.36 per share. An additional $104.8 million in common shares were repurchased through April 24, 2026. Furthermore, on February 11, 2026, RenaissanceRe announced the renewal of its share repurchase program, alongside its thirty-first consecutive annual dividend increase.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 7.5% change in RNR stock from 1/31/2026 to 5/4/2026 was primarily driven by a 70.5% change in the company's Net Income Margin (%).
(LTM values as of)13120265042026Change
Stock Price ($)281.30302.287.5%
Change Contribution By: 
Total Revenues ($ Mil)12,10311,499-5.0%
Net Income Margin (%)14.3%24.4%70.5%
P/E Multiple7.44.6-38.6%
Shares Outstanding (Mil)46428.0%
Cumulative Contribution7.5%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/4/2026
ReturnCorrelation
RNR7.5% 
Market (SPY)3.6%-8.9%
Sector (XLF)-3.0%2.8%

Fundamental Drivers

The 19.3% change in RNR stock from 10/31/2025 to 5/4/2026 was primarily driven by a 70.5% change in the company's Net Income Margin (%).
(LTM values as of)103120255042026Change
Stock Price ($)253.36302.2819.3%
Change Contribution By: 
Total Revenues ($ Mil)12,10311,499-5.0%
Net Income Margin (%)14.3%24.4%70.5%
P/E Multiple6.74.6-31.8%
Shares Outstanding (Mil)46428.0%
Cumulative Contribution19.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/4/2026
ReturnCorrelation
RNR19.3% 
Market (SPY)5.5%-13.0%
Sector (XLF)-0.7%11.3%

Fundamental Drivers

The 25.7% change in RNR stock from 4/30/2025 to 5/4/2026 was primarily driven by a 83.2% change in the company's Net Income Margin (%).
(LTM values as of)43020255042026Change
Stock Price ($)240.45302.2825.7%
Change Contribution By: 
Total Revenues ($ Mil)12,51511,499-8.1%
Net Income Margin (%)13.3%24.4%83.2%
P/E Multiple7.04.6-34.4%
Shares Outstanding (Mil)484213.9%
Cumulative Contribution25.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/4/2026
ReturnCorrelation
RNR25.7% 
Market (SPY)30.4%-2.3%
Sector (XLF)7.4%19.7%

Fundamental Drivers

The 43.2% change in RNR stock from 4/30/2023 to 5/4/2026 was primarily driven by a 127.7% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020235042026Change
Stock Price ($)211.14302.2843.2%
Change Contribution By: 
Total Revenues ($ Mil)5,04911,499127.7%
P/S Multiple1.81.1-37.7%
Shares Outstanding (Mil)43420.9%
Cumulative Contribution43.2%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/4/2026
ReturnCorrelation
RNR43.2% 
Market (SPY)78.7%17.5%
Sector (XLF)63.2%29.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RNR Return3%10%7%28%14%7%88%
Peers Return16%27%10%32%9%-1%129%
S&P 500 Return27%-19%24%23%16%6%92%

Monthly Win Rates [3]
RNR Win Rate58%58%58%58%75%60% 
Peers Win Rate55%55%57%58%55%36% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
RNR Max Drawdown-16%-26%-4%0%-11%-4% 
Peers Max Drawdown-11%-7%-9%-0%-10%-6% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACGL, EG, AXS, RGA, WRB. See RNR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/4/2026 (YTD)

How Low Can It Go

EventRNRS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-12.2%-9.5%
  % Gain to Breakeven13.9%10.5%
  Time to Breakeven27 days24 days
2023 SVB Regional Banking Crisis
  % Loss-16.7%-6.7%
  % Gain to Breakeven20.0%7.1%
  Time to Breakeven110 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-25.4%-24.5%
  % Gain to Breakeven34.1%32.4%
  Time to Breakeven93 days427 days
2020 COVID-19 Crash
  % Loss-39.6%-33.7%
  % Gain to Breakeven65.7%50.9%
  Time to Breakeven1028 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-13.9%-19.2%
  % Gain to Breakeven16.2%23.7%
  Time to Breakeven26 days105 days
2013 Taper Tantrum
  % Loss-10.5%-0.2%
  % Gain to Breakeven11.8%0.2%
  Time to Breakeven118 days1 days

Compare to ACGL, EG, AXS, RGA, WRB

In The Past

RenaissanceRe's stock fell -4.1% during the 2025 US Tariff Shock. Such a loss loss requires a 4.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventRNRS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-25.4%-24.5%
  % Gain to Breakeven34.1%32.4%
  Time to Breakeven93 days427 days
2020 COVID-19 Crash
  % Loss-39.6%-33.7%
  % Gain to Breakeven65.7%50.9%
  Time to Breakeven1028 days140 days
2008-2009 Global Financial Crisis
  % Loss-40.7%-53.4%
  % Gain to Breakeven68.7%114.4%
  Time to Breakeven614 days1085 days

Compare to ACGL, EG, AXS, RGA, WRB

In The Past

RenaissanceRe's stock fell -4.1% during the 2025 US Tariff Shock. Such a loss loss requires a 4.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About RenaissanceRe (RNR)

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, typhoons, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe RenaissanceRe (RNR):

  • The Intel Inside of the insurance world.
  • The Goldman Sachs of risk management for insurance companies.

AI Analysis | Feedback

  • Property Catastrophe Reinsurance: Insures insurance and reinsurance companies against large-scale natural and man-made catastrophes.
  • Other Property Reinsurance: Provides various property-related reinsurance products, including proportional, per risk, and multi-line offerings.
  • Casualty Reinsurance: Covers a broad range of general liability risks, such as automobile, employer's liability, workers' compensation, and general liability.
  • Professional Indemnity Reinsurance: Offers coverage for professional liabilities, including directors and officers, medical malpractice, and general professional indemnity.
  • Specialty Reinsurance: Encompasses diverse lines like financial guaranty, political risk, surety, trade credit, accident and health, aviation, cyber, energy, marine, and terrorism.

AI Analysis | Feedback

RenaissanceRe (RNR) sells primarily to other companies. Based on the provided description, its major customers are:

  • Insurance companies
  • Reinsurance companies

The company provides reinsurance and retrocessional reinsurance products, meaning it serves other entities in the insurance industry by helping them manage their risk exposure to various catastrophic and specialty events.

AI Analysis | Feedback

null

AI Analysis | Feedback

Kevin J. O'Donnell, President and Chief Executive Officer

Kevin J. O'Donnell joined RenaissanceRe in 1996 and has served as President since November 2012 and Chief Executive Officer since July 2013. His previous roles at the company include Executive Vice President and Global Chief Underwriter, President of Renaissance Reinsurance Ltd., and Chief Underwriting Officer for the company's joint ventures, Top Layer Re and DaVinci Re.

Robert Qutub, Executive Vice President and Chief Financial Officer

Robert Qutub joined RenaissanceRe as Executive Vice President and Chief Financial Officer in August 2016. Prior to joining RenaissanceRe, Mr. Qutub served as Chief Financial Officer and Treasurer for MSCI Inc. from July 2012 to May 2016. Before his time at MSCI, he spent 18 years at Bank of America, where he held various segment Chief Financial Officer roles, including for Global Consumer and Business Banking, Global Banking and Markets, and Global Wealth Management.

Shannon Lowry Bender, Executive Vice President, Group General Counsel and Corporate Secretary

Shannon Lowry Bender became Executive Vice President, Group General Counsel and Corporate Secretary at RenaissanceRe in 2021. She is responsible for legal, regulatory, government affairs, and compliance matters globally. Before joining RenaissanceRe, Ms. Bender was Senior Vice President and Chief Corporate Counsel of CIT Group Inc., and prior to that, a Partner at Fried, Frank, Harris, Shriver & Jacobson LLP in New York.

Ross Curtis, Executive Vice President and Chief Portfolio Officer

Ross Curtis is the Executive Vice President and Chief Portfolio Officer for RenaissanceRe, a role he assumed in January 2023. He oversees the execution of the company's gross-to-net strategy, risk tolerance, portfolio optimization, and deployed underwriting capital. Mr. Curtis joined RenaissanceRe in 1999 as a Catastrophe Reinsurance Analyst. He previously served as Group Chief Underwriting Officer for RenaissanceRe from 2014 to 2022 and as Active Underwriter of Syndicate 1458 in London from 2010 to 2014. He was appointed to the Executive Committee in May 2010.

David Marra, Executive Vice President and Group Chief Underwriting Officer

David Marra is the Executive Vice President and Group Chief Underwriting Officer for RenaissanceRe, a position he has held since January 2023. In this role, he directs the company's underwriting strategy, including risk appetite and client engagement. Mr. Marra joined RenaissanceRe in 2008. His prior roles include President of Renaissance Reinsurance U.S. Inc. from March 2016 to January 2023 and Chief Underwriting Officer for Casualty & Specialty at RenaissanceRe Holdings Ltd. from June 2014 to January 2023.

AI Analysis | Feedback

For RenaissanceRe (symbol: RNR), key risks to the business include:
  1. Exposure to Catastrophic Events: RenaissanceRe's core business involves providing property catastrophe excess of loss reinsurance and retrocessional reinsurance, meaning it assumes significant risk from natural and man-made disasters such as hurricanes, earthquakes, typhoons, tsunamis, winter storms, floods, fires, windstorms, and acts of terrorism. Consequently, the frequency and severity of these events directly impact the company's financial performance. For example, in 2025, the company's combined ratio was impacted by 15.3 percentage points from large loss events and 4.0 percentage points from Hurricane Melissa in the fourth quarter alone. The company’s business risk profile is under pressure from sector headwinds, particularly in property-catastrophe lines, and it maintains a high-risk position due to substantial exposure to such severity risks.
  2. Underwriting and Pricing Risk: The ability to accurately assess and price risks is fundamental to a reinsurance company's profitability. RenaissanceRe has experienced a deterioration in its combined ratio, which increased from 77.9% in 2023 to 83.9% in 2024 and further to 87.2% in 2025, indicating a shrinking share of premiums retained after covering claims. This trend highlights the challenges in maintaining disciplined underwriting and effective risk selection, especially if softer property and casualty pricing affects margins.
  3. Increased Debt Levels and Interest Expense: As of December 31, 2025, RenaissanceRe carried $2.3 billion in debt, resulting in a total debt-to-capital ratio of 16.7%, which is above the industry average of 15.4%. This elevated debt has led to a significant increase in interest expenses, which rose by 28.1% year-over-year in 2024 and 35% in the fourth quarter of 2025, potentially weighing on the company's margins.

AI Analysis | Feedback

null

AI Analysis | Feedback

RenaissanceRe Holdings Ltd. (RNR) operates in the global reinsurance and insurance markets, primarily through its Property, and Casualty and Specialty segments. The addressable markets for its main products and services are substantial on a global scale.

Global Reinsurance Market

The global reinsurance market was valued at approximately USD 621.39 billion in 2025. It is projected to grow to about USD 1403.7 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 9.6% during this period. In 2025, Europe held the largest share of the global reinsurance market, accounting for 37%, with a valuation of USD 230.22 billion. The U.S. market is projected to reach USD 194.07 billion by 2026.

Property Reinsurance Segment

This segment includes property catastrophe excess of loss reinsurance and other property classes. The global property and casualty (P&C) reinsurance market, which encompasses these offerings, was valued at approximately USD 509.34 billion in 2025. This market grew to an estimated USD 566.47 billion in 2026, and is projected to reach USD 889.04 billion by 2030, with a CAGR of 11.9%. In 2025, property and casualty reinsurance collectively held 62.40% of the overall reinsurance market.

Casualty and Specialty Reinsurance Segment

The Casualty and Specialty segment covers a diverse range of products including directors and officers, medical malpractice, professional indemnity, workers' compensation, general liability, financial and mortgage guaranty, political risk, surety, trade credit, cyber, marine, and energy reinsurance. The broader non-life reinsurance segment, which includes property, casualty, and other general insurance lines, is significant, accounting for 67.05% of the global reinsurance market in 2026.

For specialty lines within reinsurance (such as cyber, aviation, marine, and energy), these are projected to grow at an 11.18% CAGR, contributing over USD 20 billion in ceded premium by 2031.

As an indicator of the underlying demand for specialty reinsurance, the global specialty insurance market was valued at USD 104.7 billion in 2021 and is projected to grow to USD 279 billion by 2031, exhibiting a CAGR of 10.6%. Europe held a significant 35% share of the specialty insurance industry in 2021.

AI Analysis | Feedback

RenaissanceRe Holdings Ltd. (RNR) is expected to drive future revenue growth over the next 2-3 years through a diversified strategy focusing on three core areas. These drivers are consistently highlighted in company communications and analyst commentary. Here are the expected drivers of future revenue growth for RenaissanceRe: * Growth in Underwriting Business: RenaissanceRe aims to expand its revenue through its core underwriting operations across property, casualty, and specialty reinsurance lines. The company anticipates opportunities in catastrophe premiums and maintains a disciplined approach to underwriting. * Expansion of Capital Partners Segment and Fee Income: A significant driver of future revenue growth is the expansion of RenaissanceRe's Capital Partners business, which generates relatively low volatility fee income. This segment contributes to the company's diversified income streams. * Increased Net Investment Income: The company expects substantial net investment income from its prudent investment portfolio to be a key contributor to revenue growth.

AI Analysis | Feedback

Capital Allocation Decisions of RenaissanceRe (RNR)

Share Repurchases

  • In 2025, RenaissanceRe repurchased approximately $1.6 billion of common shares, resulting in a 12.8% reduction in its share count.
  • The company repurchased $650.5 million of common shares in the fourth quarter of 2025 alone.
  • Since the first quarter of 2024, RenaissanceRe has returned over $1.7 billion of capital to shareholders through share buybacks.
  • As of February 2026, the company's Board of Directors renewed its share repurchase program, increasing the total current authorization to $750.0 million.

Share Issuance

  • RenaissanceRe's shares outstanding increased by approximately 7.84% in 2024, reaching 0.051 billion shares from 0.048 billion in 2023.
  • In 2023, shares outstanding grew by about 10.61% to 0.048 billion, up from 0.043 billion in 2022.

Inbound Investments

  • In 2024, RenaissanceRe raised $857.4 million of third-party capital in its Capital Partners unit, with an additional $237.8 million secured from third-party investors effective January 1, 2025.
  • The company leverages third-party capital through managed joint ventures such as Medici and Vermeer, where external partners like Stichting Pensioenfonds Zorg en Welzijn (represented by PGGM) participate in economic benefits.

Outbound Investments

  • Effective April 1, 2022, RenaissanceRe launched Fontana, a strategic joint venture focused on underwriting Casualty and Specialty risks.
  • The company periodically invests in new or existing managed joint ventures and funds, and contributes cash to investment subsidiaries to support growth initiatives.

Capital Expenditures

  • While specific dollar values for traditional capital expenditures are not extensively detailed, RenaissanceRe emphasizes ongoing investments in business infrastructure.
  • Strategic initiatives, particularly in 2025, included investments in underwriting system upgrades and the integration of artificial intelligence for operational efficiency.

Trade Ideas

Select ideas related to RNR.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
1.5%1.5%0.0%
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
7.1%7.1%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-4.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RNRACGLEGAXSRGAWRBMedian
NameRenaissa.Arch Cap.Everest Axis Cap.Reinsura.WR Berkl. 
Mkt Price302.2893.65347.5298.84211.1666.32155.00
Mkt Cap12.833.714.27.313.926.014.1
Rev LTM11,49919,29417,2176,63923,68214,81916,018
Op Inc LTM-------
FCF LTM4,2236,1283,0681694,0913,3533,722
FCF 3Y Avg3,3406,1494,1931,1135,8283,3653,779
CFO LTM4,2236,1723,0681694,0913,5073,799
CFO 3Y Avg3,3406,1984,1931,1135,8353,4713,832

Growth & Margins

RNRACGLEGAXSRGAWRBMedian
NameRenaissa.Arch Cap.Everest Axis Cap.Reinsura.WR Berkl. 
Rev Chg LTM-8.1%14.0%0.8%9.9%7.4%6.2%6.8%
Rev Chg 3Y Avg24.3%26.5%13.1%7.6%14.4%9.9%13.8%
Rev Chg Q-37.0%5.6%-6.3%14.5%27.2%5.1%5.4%
QoQ Delta Rev Chg LTM-10.0%1.3%-1.7%3.3%6.3%1.2%1.3%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM36.7%32.0%17.8%2.6%17.3%23.7%20.7%
CFO/Rev 3Y Avg29.5%38.2%26.1%18.8%27.3%25.3%26.7%
FCF/Rev LTM36.7%31.8%17.8%2.6%17.3%22.6%20.2%
FCF/Rev 3Y Avg29.5%37.9%26.1%18.8%27.2%24.5%26.7%

Valuation

RNRACGLEGAXSRGAWRBMedian
NameRenaissa.Arch Cap.Everest Axis Cap.Reinsura.WR Berkl. 
Mkt Cap12.833.714.27.313.926.014.1
P/S1.11.70.81.10.61.81.1
P/Op Inc-------
P/EBIT2.76.67.05.47.310.56.8
P/E4.67.79.06.811.713.98.3
P/CFO3.05.54.643.23.47.45.0
Total Yield22.4%13.1%13.5%16.5%10.3%9.9%13.3%
Dividend Yield0.6%0.0%2.4%1.9%1.7%2.7%1.8%
FCF Yield 3Y Avg27.5%19.2%28.1%16.5%45.0%13.0%23.4%
D/E0.20.10.30.20.40.10.2
Net D/E-0.9-0.3-1.1-0.6-0.9-1.0-0.9

Returns

RNRACGLEGAXSRGAWRBMedian
NameRenaissa.Arch Cap.Everest Axis Cap.Reinsura.WR Berkl. 
1M Rtn0.6%-3.2%6.2%-2.8%2.9%0.5%0.6%
3M Rtn6.4%-3.2%5.4%-4.4%3.4%-2.0%0.7%
6M Rtn18.4%8.9%12.3%5.7%17.4%-6.0%10.6%
12M Rtn25.0%1.3%2.2%0.7%8.8%-6.2%1.7%
3Y Rtn49.5%31.6%-1.4%94.1%53.4%83.4%51.4%
1M Excs Rtn-8.8%-12.6%-3.1%-12.2%-6.5%-8.9%-8.8%
3M Excs Rtn3.2%-6.4%2.2%-7.6%0.2%-5.2%-2.5%
6M Excs Rtn13.6%2.5%8.3%1.1%7.2%-11.2%4.9%
12M Excs Rtn-0.3%-24.1%-23.0%-25.3%-13.4%-32.8%-23.5%
3Y Excs Rtn-27.6%-40.8%-75.1%15.8%-16.3%12.0%-22.0%

Comparison Analyses

null

Financials

Price Behavior

Price Behavior
Market Price$302.28 
Market Cap ($ Bil)12.8 
First Trading Date07/27/1995 
Distance from 52W High-4.1% 
   50 Days200 Days
DMA Price$301.51$270.61
DMA Trendupup
Distance from DMA0.3%11.7%
 3M1YR
Volatility23.8%22.7%
Downside Capture-0.19-0.08
Upside Capture0.1216.04
Correlation (SPY)-7.5%-1.4%
RNR Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.340.22-0.13-0.24-0.040.31
Up Beta0.04-0.010.040.00-0.010.33
Down Beta-3.10-0.43-0.02-0.29-0.190.40
Up Capture54%48%4%0%11%9%
Bmk +ve Days15223166141428
Stock +ve Days14263870133404
Down Capture194%47%-63%-83%-27%39%
Bmk -ve Days4183056108321
Stock -ve Days8172655119349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RNR
RNR28.3%22.8%1.02-
Sector ETF (XLF)7.5%14.7%0.2819.7%
Equity (SPY)29.7%12.5%1.83-1.9%
Gold (GLD)39.6%27.2%1.21-1.4%
Commodities (DBC)50.7%18.0%2.18-4.1%
Real Estate (VNQ)12.1%13.5%0.6019.0%
Bitcoin (BTCUSD)-19.0%42.2%-0.39-12.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RNR
RNR12.7%27.6%0.44-
Sector ETF (XLF)9.5%18.7%0.3937.8%
Equity (SPY)12.8%17.1%0.5926.5%
Gold (GLD)20.1%17.9%0.91-0.9%
Commodities (DBC)14.1%19.1%0.602.0%
Real Estate (VNQ)3.3%18.8%0.0824.3%
Bitcoin (BTCUSD)7.3%56.2%0.347.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RNR
RNR11.0%26.8%0.42-
Sector ETF (XLF)12.5%22.2%0.5248.7%
Equity (SPY)14.9%17.9%0.7141.1%
Gold (GLD)13.4%15.9%0.701.4%
Commodities (DBC)9.7%17.7%0.4612.0%
Real Estate (VNQ)5.6%20.7%0.2340.3%
Bitcoin (BTCUSD)67.1%66.9%1.067.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity1.1 Mil
Short Interest: % Change Since 33120267.7%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest4.1 days
Basic Shares Quantity42.4 Mil
Short % of Basic Shares2.5%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/28/2026-2.2%  
2/3/20265.0%3.3%4.1%
10/28/20256.9%13.4%12.7%
7/23/20250.7%3.0%5.0%
4/23/2025-5.0%0.8%-0.5%
1/28/2025-8.6%-10.3%-9.8%
11/6/2024-4.4%-6.3%0.6%
7/24/2024-2.3%3.2%10.0%
...
SUMMARY STATS   
# Positive81315
# Negative17119
Median Positive5.4%3.0%5.0%
Median Negative-2.3%-5.0%-8.6%
Max Positive7.1%13.4%34.6%
Max Negative-8.6%-10.3%-14.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202604/29/202610-Q
12/31/202502/11/202610-K
09/30/202510/29/202510-Q
06/30/202507/24/202510-Q
03/31/202504/24/202510-Q
12/31/202402/12/202510-K
09/30/202411/07/202410-Q
06/30/202407/25/202410-Q
03/31/202405/01/202410-Q
12/31/202302/21/202410-K
09/30/202311/02/202310-Q
06/30/202307/26/202310-Q
03/31/202305/03/202310-Q
12/31/202202/08/202310-K
09/30/202211/02/202210-Q
06/30/202207/26/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Qutub, RobertEVP, Chief Financial OfficerDirectSell2062026305.755,0001,528,75722,326,880Form
2Curtis, RossEVP,Chief Portfolio OfficerDirectSell2062026305.005,0001,525,00050,877,965Form
3Curtis, RossEVP,Chief Portfolio OfficerDirectSell2062026295.0015,0004,425,00050,684,835Form
4Bushnell, David C DirectSell8132025240.495,8441,405,4033,092,897Form
5Marra, David EEVP,Chief Underwriting OfficerDirectSell7172025237.381,000237,38021,298,446Form