Renaissancere Holdings LtdRNR
▲ PositiveCapitalrelevance
Strong operating income, underwriting income, and share repurchases reported.
Impact on stocks 1
Climate Adaptation & Water
Renaissancere Holdings LtdRenaissanceRe Holdings Ltd reported operating income of $548 million for the second quarter of 2026, with an annualized operating return on equity of 20%. Tangible book value per share grew 6% in the quarter and 27% year-over-year, while operating earnings per share reached $12.92. Underwriting income came in at $600 million, and the adjusted combined ratio was 72%. Gross premiums written declined 12% to $3 billion, and the company repurchased $350 million of its shares during the quarter, with an additional $83 million in repurchases through July 20th. Net investment income rose 10% year-over-year to $314 million, and retained mark-to-market gains were $154 million.
Renaissancere Holdings LtdStrong operating income, underwriting income, and share repurchases reported.