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Dec 31, 2019

RenaissanceRe Q4 2019 Earnings Report

Reported net income available to common shareholders and operating income available to common shareholders.

Key Takeaways

RenaissanceRe reported a net income of $33.8 million, or $0.77 per diluted common share, in Q4 2019. Operating income was $23.0 million, or $0.52 per diluted common share.

Typhoon Hagibis and 2019 Aggregate Losses negatively impacted net income by $193.3 million.

Gross premiums written increased by $357.7 million, or 65.3%, to $905.5 million.

Underwriting loss of $65.2 million and a combined ratio of 106.7%.

Total investment result was a gain of $130.6 million, generating an annualized total investment return of 3.1%.

Total Revenue
$1.11B
Previous year: $548M
+101.6%
EPS
$0.52
Previous year: $0.02
+2500.0%
Gross Premiums Written
$905M
Combined Ratio
106.7%
Book value per share
$121
Gross Profit
$371M
Previous year: $544M
-31.8%
Cash and Equivalents
$1.38B
Previous year: $1.11B
+24.5%
Total Assets
$26.3B
Previous year: $18.7B
+41.0%

RenaissanceRe

RenaissanceRe

RenaissanceRe Revenue by Segment

Forward Guidance

RenaissanceRe did not provide forward guidance in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income