RenaissanceRe
Compare RenaissanceRe…Cat-bond pioneer; 2023 Validus acquisition added casualty + specialty; ~$11B 2024 revenue; high-retention property cat franchise.
SectorsInsurance
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RenaissanceReCat-bond pioneer; 2023 Validus acquisition added casualty + specialty; ~$11B 2024 revenue; high-retention property cat franchise.
Combined ratio alongside third-party capital under management in Renaissance's joint ventures (DaVinci Re, Top Layer, Vermeer, Medici, etc.). RNR earns fee + carry on third-party AUM in addition to its own underwriting profit — a capital-efficient model.
| Year | Combined Ratio (%) | 3rd-Party AUM ($B) |
|---|---|---|
| 2020 | 106 | 5.7 |
| 2021 | 104.5 | 6.7 |
| 2022 | 97.6 | 7.6 |
| 2023 | 77.9 | 7.5 |
| 2024 | 83.9 | 7.8 |
Source: RenaissanceRe annual reports, investor presentations on Capital Partners segment (Updated: 2024-FY)
Bermuda reinsurer with the strongest cat franchise. The 2023 Validus Re acquisition (from AIG) roughly doubled the Casualty & Specialty segment. Property writes natural catastrophe reinsurance; Casualty/Specialty covers liability, workers' comp, professional lines, etc.
FY 2020 — FY 2024
Source: RenaissanceRe annual reports / 10-K segment notes (Updated: 2024-FY)
Quarterly breakdown of revenue by product line and service category
2011-Q2 — 2012-Q4
Data from SEC filings via FMP • 5 periods available