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Dec 31, 2021

RenaissanceRe Q4 2021 Earnings Report

Reported a solid finish to a difficult year with a return on average common equity of over 14% driven by record profitability in the Casualty and Specialty segment and strong results in the Property segment.

Key Takeaways

RenaissanceRe reported a net income available to common shareholders of $210.9 million and an operating income available to common shareholders of $213.7 million for the fourth quarter of 2021. The company's Casualty and Specialty segment achieved a combined ratio of 92.5%.

Net income available to common shareholders of $210.9 million for Q4 2021.

Operating income available to common shareholders of $213.7 million for Q4 2021.

Casualty and Specialty segment combined ratio of 92.5% in Q4 2021.

Repurchased $326.9 million of common shares in Q4 2021.

Total Revenue
$1.39B
Previous year: $1.4B
-0.1%
EPS
$4.71
Previous year: -$1.59
-396.2%
Gross Premiums Written
$1.31B
Combined Ratio
79.4%
Previous year: 114.7%
-30.8%
Gross Profit
$1.34B
Previous year: $182M
+638.1%
Cash and Equivalents
$1.86B
Previous year: $1.74B
+7.0%
Total Assets
$34B
Previous year: $30.8B
+10.2%

RenaissanceRe

RenaissanceRe

Forward Guidance

RenaissanceRe is confident that its stronger, more diversified, and efficient underwriting portfolio will produce superior returns for its shareholders in 2022.