RenaissanceRe

Financial Services fintech reinsurance risk management

Founded in Bermuda in 1993, RenaissanceRe has offices around the globe and is one of the world’s largest and most successful catastrophe reinsurers. RenaissanceRe is also a leading provider of casualty and specialty reinsurance across a wide range of products. We participate selectively in the insurance market through RenaissanceRe Syndicate 1458 at Lloyd’s. In addition, we create and manage joint ventures and structured products that enable others to partner with and invest alongside us. Our largest joint ventures include DaVinci Reinsurance Ltd. and Top Layer Reinsurance Ltd.

Our management expertise, disciplined underwriting approach, sophisticated risk models and responsive client service have earned us a reputation for excellence throughout our industry. This success has also led us to achieve a consistent record of exceptional financial performance for RenaissanceRe’s shareholders.

Revenue(FY, 2016)

$354 M

Market capitalization(2017-10-31)

$5.6 B

Reported Claims, units(FY, 2016)

913

Type

Public

Hamilton, BM

Size (employees)

384 (est)+3%

Website

renre.com

RenaissanceRe is headquartered in Hamilton, BM

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RenaissanceRe Office Locations

RenaissanceRe has an office in Hamilton

Hamilton, BM (HQ)

12 Crow Lane Pembroke

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RenaissanceRe Financials and Metrics

RenaissanceRe Financials

RenaissanceRe's revenue was reported to be $353.97 m in FY, 2016

Summary

USD
Revenue (Q1, 2017)	472.1 m
Net income (Q1, 2017)	132.3 m
Market capitalization (31-Oct-2017)	5.6 b
Closing share price (31-Oct-2017)	140.2
Cash (31-Mar-2017)	454.1 m

RenaissanceRe's current market capitalization is $5.6 b.

Income Statement

Annual

USD	FY, 2016
Revenue	354 m
Interest expense	10.5 m
Pre tax profit	83.6 m
Income tax expense	7.7 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	331.2 m	266.5 m	381.9 m	397.6 m	358.2 m	448.1 m	483.3 m	442.5 m	472.1 m
Interest expense	4.3 m	4.3 m	5.3 m	9.7 m	10.4 m	10.5 m	10.5 m	10.5 m	10.5 m
Pre tax profit			165.2 m	89.2 m	107.7 m	180.9 m	179.2 m	186.7 m	132.6 m
Income tax expense	204 k	(245 k)	47.9 m	1.8 m	4.6 m	(2.7 m)	(6.6 m)	1.3 m	(334 k)

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Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	408 m	525.6 m	506.9 m	421.2 m
Accounts Receivable				562 m
Inventories				9.3 b
Total Assets	8.2 b	8.2 b	11.6 b	12.4 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	294.5 m	300.5 m	557.6 m	398.1 m	524.5 m	449.1 m	455.5 m	493.3 m	454.1 m
Inventories	6.7 b	6.7 b	8.7 b	9.3 b	9 b	9 b	9 b	9.2 b	9.5 b
Total Assets	8.5 b	8.4 b	11.3 b	12.1 b	11.9 b	12.2 b	12.5 b	12.7 b	13.3 b
Additional Paid-in Capital			754.9 m	750.5 m	551.7 m	422.4 m	242.6 m	213.1 m	131.2 m

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Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	841.8 m	686.3 m	542.2 m	630 m
Cash From Operating Activities	795.7 m	660.7 m	414.7 m	469.8 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	361.8 m	465.7 m	213.1 m	304.1 m	416.4 m	178.2 m	350.7 m	538.8 m	132.3 m
Cash From Operating Activities	173.4 m	393.4 m	(118.6 m)	(29.4 m)	162.1 m	(9.7 m)	117.2 m	370 m	221 m
Cash From Investing Activities	209.1 m	128.3 m	62 m	(310.4 m)	(155.4 m)	101.1 m	175.6 m	25.7 m	(28.9 m)
Cash From Financing Activities	(493.4 m)	(634.1 m)	97.8 m	219.1 m	3.2 m	(154.4 m)	(346.3 m)	(410.6 m)	(160.8 m)