RenaissanceRe Q2 2021 Earnings Report

Reported net income available to common shareholders and strong growth in gross premiums written.

Key Takeaways

RenaissanceRe reported a solid second quarter, marked by strong underwriting growth, high-quality fee income, and robust investment returns. The company's Casualty and Specialty segment demonstrated leadership by capitalizing on opportunities, while the Property segment strategically deployed capital in attractive business ventures.

27.6% annualized return on average common equity; 16.8% annualized operating return on average common equity.

72.4% combined ratio; 48.0% current accident year net claims and claim expense ratio.

23.1% growth in gross premiums written; representing 38.1% growth in the Casualty and Specialty segment and 13.5% growth in the Property segment.

Repurchased $309.0 million of common shares in the second quarter.

Total Revenue

$1.48B

Previous year: $1.55B