QUOTE AND NEWS
Benzinga  Aug 18  Comment 
Analysts at Deutsche Bank downgraded RenaissanceRe Holdings (NYSE: RNR) from Hold to Sell. The target price for RenaissanceRe Holdings has been lowered from $100.00 to $96.00. RenaissanceRe Holdings shares have surged 19.42% over the past 52...
Benzinga  Aug 18  Comment 
SeekingAlpha  Jul 30  Comment 
RenaissanceRe Holdings Ltd. (NYSE:RNR) Q2 2014 Earnings Conference Call July 30, 2014 10:00 a.m. ET Executives Peter Hill - IR Kevin O'Donnell - President & CEO Jeff Kelly - EVP & CFO Analysts Josh Stirling - Sanford...
Insurance Journal  Jul 30  Comment 
Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $120.8 million, or $2.95 per diluted common share, in the second quarter of 2014, compared to $26.8 million, or $0.60 per diluted common share, in...
SeekingAlpha  Jul 22  Comment 
By Stephen Simpson, CFA: I believe there are many standards by which RenaissanceRe Holdings (NYSE:RNR) (or "RenRe") can be called an excellent, if not one of the best, reinsurance companies in the business. Since its founding in 1993, RenRe has...
Market Intelligence Center  Jul 3  Comment 
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on RenaissanceRe Holdings Ltd. (RNR) that includes 3.84% downside protection. Sell one contract of...
Market Intelligence Center  Jun 20  Comment 
After closing Thursday at $106.86, RenaissanceRe Holdings Ltd. (RNR) presents an attractive opportunity to get a 2.78% return in just 211 days, which is an annualized return of 4.81% (for comparison purposes only). To enter this trade, sell one...
Forbes  May 7  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.
Market Intelligence Center  May 6  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on RenaissanceRe Holdings Ltd. (RNR). Look at the Oct. '14 $100.00 covered call for a net debit in the $97.62 area. This trade has a...
Benzinga  May 1  Comment 
In a report published Thursday, Morgan Stanley analyst Kai Pan reiterated an Overweight rating on RenaissanceRe Holdings Ltd. (NYSE: RNR), and raised the price target from $108.00 to $112.00. In the report, Morgan Stanley noted, “RNR is a...
Market Intelligence Center  Apr 30  Comment 
MarketIntelligenceCenter.com's option-trade picking algorithms have identified an attractive covered-call trade on RenaissanceRe Holdings Ltd. (RNR). Look at the Oct. '14 $100.00 covered call for a net debit in the $97.62 area. This trade has a...




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Hamilton, Bermuda-based RenaissanceRe Holdings Ltd. (RNR) primarily provides property-catastrophe reinsurance to insurers and reinsurers on an excess of loss basis globally. Coverage of losses over a specified limit is termed as excess of loss. In addition, RenaissanceRe provides certain specialty reinsurance coverage on accident, health, aviation, and satellite concerns, as well as homeowners' insurance in various parts of the U.S. The company also writes specialty and catastrophe reinsurance through two joint ventures Top Layer Re and DaVinci Reinsurance and through certain specialty reinsurance and primary insurance lines. Further, RenaissanceRe's recently formed a financial guarantee insurer named Channel Reinsurance Ltd., in a joint venture with MBIA Inc., PartnerRe Ltd., and Koch Financial Corporation. RenaissanceRe has a 32.7% share in Channel Re. In 2006, property-catastrophe reinsurance, specialty reinsurance, and individual risk accounted for 57%, 11%, and 36%, respectively, of the $1.94 billion gross written premiums (GWP).

The company conducts its business through two reportable segments:

Reinsurance segment has three main units: Property catastrophe reinsurance, Specialty reinsurance and Through Ventures. Gross premiums written for this segment were $1.3 billion for FY06.

Individual Risk segment primarily functions through three distribution channels: 1) program managers 2) quota share reinsurance and 3) brokers. Gross premiums written for this segment were $689.4 million for FY06.


In addition to its existing reinsurance and insurance business, from time to time, RNR considers opportunistic diversification into new ventures, either through organic growth or through acquisition of other companies or their books of business. As of September 30, 2007, RNR had total assets of $8.8 billion and total shareholders' equity of $3.5 billion.




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