earnings
confidence high
sentiment positive
materiality 0.75
RenaissanceRe Q4 net income $1.6B (EPS $30.43); operating income $623M (EPS $11.77)
RENAISSANCERE HOLDINGS LTD
2023-FY EPS reported
$52.27
revenue$9,134,608,000
- Q4 net income available to common shareholders $1.6B, diluted EPS $30.43; annual net income $2.5B.
- Q4 operating income $623.1M, diluted EPS $11.77; annual operating income $1.8B.
- Q4 combined ratio 76.0%, adjusted combined ratio 73.6%; underwriting income $541M.
- Fee income $70.8M (up 133% YoY); net investment income $377M (up 78.5% YoY).
- Book value per share grew 57.9% in 2023; raised $1.2B third-party capital in Capital Partners.