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PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 1, 2024, at 10:00 a.m. ET to discuss its financial results for the first quarter of 2024, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, April 30, 2024. A live webcast of the conference call will be available through the Investors section of Renaiss.
RenaissanceRe's (RNR) rising premiums earned and investment income are major growth drivers.
RenaissanceRe (RNR) reported earnings 30 days ago. What's next for the stock?
Renaissance Re is one of the largest reinsurance businesses in the world, providing insurance backup for insurers. The reinsurance market is experiencing growth due to factors such as environmental impact, economic growth, and regulation. Renaissance Re stands out in the industry with its focus on Property & Casualty reinsurance and its aggressive growth strategy through mergers and acquisitions.
RenaissanceRe's (RNR) fourth-quarter results reflect a solid underwriting performance and improved investment income. A rise in expenses partially offsets its quarterly results.
The headline numbers for RenaissanceRe (RNR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
RenaissanceRe (RNR) came out with quarterly earnings of $11.77 per share, beating the Zacks Consensus Estimate of $8.13 per share. This compares to earnings of $7.33 per share a year ago.
RenaissanceRe's (RNR) Q4 results are expected to benefit from rate increases in the Property segment and a well-performing specialty business, partly offset by escalating claim expenses.
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RenaissanceRe (RNR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.