Renaissancere Holdings Ltd logo

Renaissancere Holdings Ltd(RNR)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 65 days
PROFIT SINCE LAST BUY
+6.14% ▲
LAST CLOSE
$325.6
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for RNR

09/25/2026: RNR (2-star) has a low Upturn Star Rating. Not recommended to BUY.

RenaissanceRe Holdings Ltd is a global provider of reinsurance and insurance, known for its strong expertise in property catastrophe and specialty risk underwriting. The company stands out for its integrated model, which combines balance sheet underwriting with the management of third-party capital. Its primary growth story revolves around scaling its specialty insurance lines and leveraging the operational synergies from recent acquisitions like Validus. However, investors must consider risks related to catastrophe-linked earnings volatility and intensifying global competition. The stock may suit dividend-focused or value-oriented investors who can tolerate cyclical industry risks, though stakeholders should monitor climate change trends and long-term integration success.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers moderate growth through market cycles, but is often constrained by the inherent volatility of the insurance industry.
Momentum investorStrong fit while signal remains positiveMomentum investors may favor the stock when reinsurance pricing trends are positive and the industry cycle is hardening.
Value investorStrong fitThe stock is often valued based on its book value, making it potentially attractive to value-oriented investors when trading at reasonable multiples.
Dividend investorStrong fitThe company has a history of reliable dividends, making it a suitable option for income-focused portfolios.
Low-risk investorWeak fitThe insurance industry is prone to sudden, large losses from catastrophe events, which can lead to significant share price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highCatastrophe events can cause rapid price drops, requiring investors to have a high tolerance for short-term fluctuations.
Valuation riskMediumValuations are often tied to book value, which can be affected by accounting changes or severe loss periods.
Competition risk (traditional and alternative capital)HighIntense competition from global peers and ILS (Insurance Linked Securities) funds can pressure underwriting margins.
Business qualityStrongThe company is recognized for its underwriting discipline and sophisticated risk management, which support long-term franchise value.
Dividend incomeLowThe dividend is generally stable, but reinsurance earnings are cyclical and not always strictly linear.
Execution riskMediumIntegrating large acquisitions like Validus requires operational excellence to realize anticipated synergies.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 14.76%
Avg. Invested days 54
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
RNR receives a 4-star rating, supported by strong unit economics, solid company fundamentals, and solid quantitative characteristics. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
RNR has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+43.4%) and strong cash generation (FCF margin 29.0%) are partially offset by moderate revenue growth (+9.4%), modest insider ownership of 2.26%.

Financial Health Rating

★★★★★
RNR's financial health is supported by strong cash strength, including free-cash-flow generation of $3.7B (29.0% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is RNR's strongest growth driver at +43.4% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+9.4%, moderate) and free-cash-flow growth (-11.3%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 99.9% and approximately 97.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.26% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 9.88%
State Farm Mutual Automobile Ins Co 5.77%
Vanguard Portfolio Management, LLC 5.51%
Vanguard Capital Management, LLC 4.72%
State Street Corp 3.99%

Unit Economics (Per $1K Revenue)

★★★★★
RNR generates approximately $407 of gross profit, $315 of operating income, and $290 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 9.87%

Quantitative Style Profile

★★★★★
RNR has a high-quality, large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 13.53B USD
Price to earnings Ratio 5.65
1Y Target Price 347.56
Price to earnings Ratio 5.65
1Y Target Price 347.56
Volume (30-day avg) 281.2K shares
Beta 0.17
52 Weeks Range 229.91 - 339.82
Updated Date 09/25/2026
52 Weeks Range 229.91 - 339.82
Updated Date 09/25/2026
Dividends yield (FY) 0.49%
Basic EPS (TTM) 57.66

How Company Makes Money

Business areaWhat it includesRetail investor read
Property ReinsuranceCatastrophe and property risk underwriting.The company collects premiums for insuring against natural disasters.
Casualty & SpecialtyLiability, credit, and specialized risk insurance.This segment provides steady income from underwriting diverse, non-catastrophe risks.
Fee IncomeManaging third-party capital funds.The company earns management fees by investing other people's money alongside its own.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE 5.65
Forward PE 8.09
Enterprise Value 15.32B
Price to Sales(TTM) 1.21
Enterprise Value 15.32B
Price to Sales(TTM) 1.21
Enterprise Value to Revenue 1.38
Enterprise Value to EBITDA -
Shares Outstanding 41.55M
Shares Floating 40.49M
Shares Outstanding 41.55M
Shares Floating 40.49M
Percent Insiders 2.26
Percent Institutions 99.92

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Renaissancere Holdings Ltd

Exchange NYSE
Headquarters -
IPO Launch date 1995-07-26
President, CEO & Director Mr. Kevin Joseph O'Donnell
Sector Financial Services
Industry Insurance - Reinsurance
Full time employees 1040
Full time employees 1040

RenaissanceRe Holdings Ltd., together with its subsidiaries, 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 contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as 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, transactional liability, 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, construction, cyber, energy, marine, satellite, and terrorism. The company distributes products and services primarily through intermediaries. It invests in and manages funds. RenaissanceRe Holdings Ltd. was incorporated in 1993 and is headquartered in Pembroke, Bermuda.