earnings
confidence high
sentiment negative
materiality 0.85
RenaissanceRe Q1 net income $161M but operating loss $69.8M on $702.8M catastrophe hit
RENAISSANCERE HOLDINGS LTD
2025-Q1 EPS reported
$3.27
revenue$3,470,488,000
- Net income $161.1M ($3.27 diluted EPS); operating loss $(69.8)M ($(1.49) diluted) from $702.8M net negative large loss events including California Wildfires.
- Underwriting loss $(770.6)M; combined ratio 128.3% (adj. 126.4%) with 52.6 ppt catastrophe impact.
- Repurchased 1.5M shares for $361.1M at avg. $242.08; book value per share up 0.2%.
- Fee income $30.5M (mgmt fees $46.1M, performance fees $(15.6)M); net investment income $405.4M.