RenaissanceRe Holdings Ltd

Latest Results (12.11.2025):

RenaissanceRe Holdings Ltd reported strong financial performance in Q3 2025, posting $907.7 million of net income available to common shareholders and $733.7 million of operating income. The earnings report highlights robust returns on common equity, solid underwriting discipline with improved combined ratios, and significant gains from fee and investment income, underscoring the company’s ability to generate consistent, superior returns despite market challenges.

Net and Operating Income

In Q3 2025, RenaissanceRe Holdings Ltd achieved $907.7 million of net income available to common shareholders and $733.7 million of operating income, with earnings of $19.40 and $15.62 per diluted share respectively. These results reflect strong performance across multiple profit drivers.

Underwriting Efficiency

The company reported a combined ratio of 68.4% and an adjusted combined ratio of 66.6% overall, while the property segment showcased exceptional underwriting performance with a combined ratio of 15.5% and a 21.9% growth in catastrophe class gross premiums written (excluding reinstatement premiums).

Fee and Investment Income Growth

RenaissanceRe Holdings Ltd’s fee income rose by 24.1% year-over-year to $101.8 million. Additionally, total investment results reached $750.2 million, comprised of $438.4 million in net investment income and $311.9 million in mark-to-market gains, reinforcing the company’s diversified revenue streams.

Share Repurchases and Book Value Enhancements

During Q3 2025, the company repurchased approximately $205.2 million of common shares, with further repurchases executed in early October 2025. Book value per common share increased by 9.0% for the quarter, while tangible book value plus accumulated dividends grew by 10.3%, signaling a strong commitment to shareholder value.