RenaissanceRe Holdings Ltd. Common Stock (RNR)

FairStock Score: 85/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I see RenaissanceRe as a specialist reinsurer: it writes property catastrophe and casualty/specialty coverage, essentially selling protection to insurers. The business can be excellent when underwritten with discipline, because risk selection and capital strength are scarce, but it is commodity-like and exposed to catastrophes. The numbers show a profitable but lumpy enterprise. In FY2025, revenue was $12.8B, net income $2.7B, and diluted EPS $56.03; FY2024 produced $11.7B revenue, $1.9B net income, and $35.21 diluted EPS; FY2023 had $9.1B revenue, $2.6B net income, and $52.27 diluted EPS. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $2.8B and net income $663.1M, a margin of 24.11%, but that compares with fiscal Q2 2025 revenue of $3.2B and net income of $835.4M. FairStock's growth figures show revenue down 13.67% and profit down 20.62%. At the 2026-10-13 close of $340.82, FairStock calculates a P/E of 5.91, P/B of 1.29, ROE of 21.48%, ROCE of 5.19%, D/E of 0.12, and Piotroski F-Score of 7/9. That P/E is very low if earnings are sustainable, and the low leverage supports the balance sheet. However, reinsurance earnings are not a bond coupon. A quiet catastrophe year can flatter returns; a bad one can erase them. FairStock labels it TURNAROUND, and the missing combined ratio, reserve development, and investment yield leave underwriting quality partly opaque. I would call the price statistically cheap but requiring a margin of safety because of volatility and limited current growth.

In plain English: RenaissanceRe sells reinsurance, which is backup insurance to insurance companies, mainly for big property disasters and specialty risks. The company is quite profitable and carries little debt, but its results swing with disasters and recent sales and profits fell from a year earlier. At the recent price, the shares look cheap compared with the company’s recent earnings, though that cheapness depends on those earnings holding up.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer