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Jun 30, 2022
RenaissanceRe Q2 2022 Earnings Report
Reported a net loss attributable to common shareholders but a solid operating profitability.
Key Takeaways
RenaissanceRe reported a net loss of $324.9 million attributable to common shareholders for Q2 2022, but demonstrated strong operating profitability. The results were driven by solid underwriting performance in both segments and a significant increase in net investment income.
Combined ratio of 78.3% with strong performance across both segments.
Casualty and Specialty combined ratio was 93.8%, improved by 4 percentage points from Q2 2021.
Net investment income increased by 32.5%.
Net premiums written grew by 23.2%, with 37.6% growth in Casualty and Specialty and 10.5% in Property.
Forward Guidance
RenaissanceRe is confident that its consistent strategy, leadership in a strengthening market and robust capital position will enable it to continue maximizing shareholder value.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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