RenaissanceRe Holdings Ltd. (RNR) financial statements (2022 and earlier)

Company profile

Business Address RENAISSANCE HOUSE
PEMBROKE, HM19
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments20,94020,38519,72217,56617,5544,987 
Cash and cash equivalents1,7371,2871,1868961,379871 
Short-term investments19,20319,09818,53616,66916,1754,116 
Total current assets:20,94020,38519,72217,56617,5544,987 
Noncurrent Assets
Operating lease, right-of-use asset30   4321 
Long-term investments and receivables1,3551,2221,1881,1491,194104 
Long-term investments1,3551,2221,1881,1491,194104 
Intangible assets, net (including goodwill), including:250257259260262263 
Intangible assets, net (excluding goodwill)51   66  
Other undisclosed intangible assets, net (including goodwill)199257259260196263 
Total noncurrent assets:1,6351,4791,4461,4091,499388 
Other undisclosed assets8,2469,1329,3128,4917,27720,269 
TOTAL ASSETS:30,82130,99630,48027,46626,33025,644 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities19,87220,21819,74518,55017,28716,914 
Total liabilities:19,87220,21819,74518,55017,28716,914 
Temporary equity, carrying amount3,3883,3873,3873,2323,0712,779 
Stockholders' equity
Stockholders' equity attributable to parent7,5607,3917,3475,6845,9715,951 
Preferred stock525525525525650650 
Common stock515151444444 
Additional paid in capital1,6231,6151,603503568560 
Accumulated other comprehensive income (loss)(13)(2)(3)(2)(2)5 
Retained earnings5,3745,2025,1724,6144,7114,692 
Total stockholders' equity:7,5607,3917,3475,6845,9715,951 
TOTAL LIABILITIES AND EQUITY:30,82130,99630,48027,46626,33025,644 

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,3951,3321,5488961,1051,051 
Premiums earned, net1,0291,0001,010913970907 
Cost of revenue(1,140)(1,157)(744)(782)(971)(857) 
Policyholder benefits and claims incurred, net(901)(942)(510)(571)(762)(655) 
Deferred policy acquisition costs, amortization expense(238)(215)(234)(211)(209)(202) 
Gross profit:256175805115135194 
Operating expenses(62)(97)(61)(83)(159)(53) 
Operating income (loss):1947874431(24)141 
Interest and debt expense(12)(12)(12)(15)(15)(16) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    76(14) 
Income from continuing operations before income taxes:182667321637112 
Income tax expense (benefit)108(30)93(4) 
Net income:192747022540108 
Net income (loss) attributable to noncontrolling interest5(19)(119)(98)3(62) 
Net income (loss) attributable to parent:19755583(73)4346 
Other undisclosed net loss available to common stockholders, basic(7)(7)(7)(9)(9)(9) 
Net income (loss) available to common stockholders, diluted:19048576(82)3437 

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:192747022540108 
Other undisclosed comprehensive income (loss)(11)1(1)0(7)9 
Comprehensive income:181757002533117 
Comprehensive income (loss), net of tax, attributable to noncontrolling interest5(19)(119)(98)3(62) 
Comprehensive income (loss), net of tax, attributable to parent:18756582(73)3655 

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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