Earnings Releases·Oct 27, 2026, 4:54 PM ET

RenaissanceRe — Q3 2026 Earnings Summary

Net loss attributable to common shareholders was $161.4 million ($4.02 per diluted share) versus net income of $907.7 million ($19.40 per diluted share) in Q3 2025, driven by $879.8 million in net investment losses compared to $311.9 million in gains the prior year.
Operating income available to common shareholders declined to $512.6 million ($12.71 per share) from $733.7 million ($15.62 per share) in Q3 2025, while the combined ratio worsened to 79.7% from 68.4%, impacted by 2026 Large Loss Events and rate reductions.
Net premiums written decreased 19.1% to $1.665 billion and net premiums earned fell 13.7% to $2.101 billion year-over-year due to exposure reductions in casualty classes and rate decreases in property classes.
Management reported $310.1 million in share repurchases during Q3 2026 and an additional $143.8 million in early October, while expressing confidence in delivering attractive returns through higher new money yields expected to compound in 2027.