NYSE$RNR
RenaissanceRe Holdings Ltd · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported a net loss attributable to common shareholders and an operating loss due to Hurricane Ian and other catastrophe events.
RenaissanceRe reported a net loss attributable to common shareholders of $825.3 million and an operating loss attributable to common shareholders of $396.7 million for Q3 2022. The results were significantly impacted by Hurricane Ian and other catastrophe events, which contributed to a $648.4 million net negative impact.
- Hurricane Ian and other catastrophe events led to a $648.4 million net negative impact on net loss attributable to common shareholders.
- Net investment income grew by 101.6% compared to Q3 2021.
- Casualty and Specialty combined ratio improved by 3.9 percentage points from Q3 2021 to 95.7%.
- Net premiums written increased by 22.6%, driven by a 39.7% growth in Casualty and Specialty.
Headline financials
Revenue & EPS history
RenaissanceRe · Revenue · Quarterly
$1.29B
Revenue by segment
RenaissanceRe · $970M total across 2 segments · Q4 2019
- Casualty & Specialty$503M—51.8%
- Property$467M—48.2%
Forward guidance
RenaissanceRe is positioned to deliver an attractive return to its investors through materially increased underwriting profit, robust fee income, and significantly higher investment income.
Tailwinds
- Materially increased underwriting profit
- Robust fee income
- Significantly higher investment income
- Strategic focus on reinsurance
- Strong capital and industry leadership
Headwinds
- Exposure to natural and non-natural catastrophic events
- Effect of climate change
- Volatility in the financial market
- Effects of inflation
- Uncertainty of the continuing and future impact of the COVID-19 pandemic
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.2%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.4%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+8.8%
Q4 2022
Best reaction
-8.6%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | -2.7% | -9.8% | |
| Q4 2025 | +5.0% | +1.1% | +4.5% | |
| Q3 2025 | +7.2% | +10.5% | +12.8% | |
| Q1 2025 | -5.0% | +0.9% | -0.4% | |
| Q4 2024 | -8.6% | -10.4% | -8.3% | |
| Q3 2024 | -1.3% | -1.7% | +3.9% | |
| Q2 2024 | -2.8% | +0.5% | +11.6% | |
| Q1 2024 | -1.5% | -1.5% | +2.7% | |
| Q4 2023 | +6.7% | +5.5% | +4.8% | |
| Q3 2023 | -5.0% | -5.7% | -2.9% | |
| Q2 2023 | -5.5% | -7.3% | -9.7% | |
| Q1 2023 | -0.4% | -4.2% | -12.5% | |
| Q4 2022 | +8.8% | +7.0% | +11.2% | |
| Q3 2022 | +4.2% | +18.2% | +18.2% | |
| Q2 2022 | -3.3% | -7.3% | -2.9% | |
| Q1 2022 | +0.8% | +0.6% | +5.6% | |
| Q4 2021 | -3.5% | -5.7% | -9.1% | |
| Q3 2021 | +4.3% | -3.9% | +10.6% | |
| Q2 2021 | -1.7% | -0.4% | +7.1% | |
| Q1 2021 | -3.8% | -3.2% | -10.7% | |
| Q4 2020 | -2.3% | -5.0% | -5.3% | |
| Q3 2020 | -6.2% | -7.5% | -2.0% | |
| Q2 2020 | +2.3% | +1.8% | +4.8% | |
| Q1 2020 | +3.6% | +11.5% | +31.7% | |
| Q4 2019 | +1.3% | +3.2% | -8.3% | |
| Q3 2019 | +1.4% | +2.2% | +4.6% | |
| Q2 2019 | +1.1% | +4.6% | +5.7% | |
| Q1 2019 | +4.3% | +7.2% | +14.5% | |
| Q4 2018 | +3.9% | +3.9% | +10.2% | |
| Q3 2018 | -2.5% | -0.9% | +4.4% | |
| Q2 2018 | +3.0% | +6.9% | +5.9% | |
| Q1 2018 | -4.9% | -6.4% | -9.8% | |
| Q4 2017 | +2.3% | +0.5% | -1.2% | |
| Q3 2017 | -2.9% | -0.6% | -5.4% | |
| Q2 2017 | +1.4% | -0.3% | -1.3% | |
| Q1 2017 | -2.0% | -1.1% | +2.0% | |
| Q4 2016 | +3.5% | +3.3% | +9.3% | |
| Q3 2016 | -0.2% | -0.1% | +5.1% | |
| Q2 2016 | +0.7% | +1.1% | +0.5% | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | -3.3% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | +3.0% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +5.4% | — | — | |
| Q3 2014 | -1.3% | — | — | |
| Q2 2014 | -6.6% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | +1.8% | — | — | |
| Q2 2013 | -1.5% | — | — | |
| Q1 2013 | -2.4% | — | — | |
| Q4 2012 | -1.3% | — | — | |
| Q3 2012 | -5.0% | — | — | |
| Q2 2012 | -4.0% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q1 2010 | +0.4% | — | — | |
| Q1 2011 | +3.5% | — | — | |
| Q4 2008 | +0.3% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q4 2009 | -2.7% | — | — | |
| Q2 2010 | -2.7% | — | — | |
| Q2 2009 | -2.7% | — | — |
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