RenaissanceRe Holdings Ltd. (RNR) Financial Statements

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RenaissanceRe Holdings financial statements at a glance

RenaissanceRe Holdings reported revenue of $12.78 billion for fiscal year 2025 (ended December 31, 2025), up 9.7% from fiscal year 2024. Net income was $2.60 billion, a net margin of 20.4%.

At the end of fiscal year 2025 it had total assets of $53.80 billion, total liabilities of $34.59 billion and shareholders' equity of $11.61 billion, with cash and short-term investments of $14.69 billion and total debt of $2.33 billion.

Its operations brought in $3.69 billion of cash, leaving free cash flow of $3.69 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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RenaissanceRe Holdings Ltd.

RNRBermuda
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
12.78B
Prev Year: 11.65B
YoY: +9.7%
Total Expenses
8.76B
Prev Year: 8.65B
YoY: +1.2%
Net Non Operating Interest Income Expense
-120.85M
Prev Year: -93.77M
YoY: -28.9%
Non-operating Interest Expense
120.85M
Prev Year: 93.77M
YoY: +28.9%
Other Operating Expenses
546.49M
Prev Year: 631.37M
YoY: -13.4%
Policy Acquisition Expenses
-
Prev Year: 2.64B
Pre-tax Income
4.01B
Prev Year: 2.99B
YoY: +34.1%
Provision for Income Taxes
396.33M
Prev Year: 32.63M
YoY: +1114.7%
Net Income Common Stockholders
2.60B
Prev Year: 1.81B
YoY: +44.1%
Net Income
2.68B
Prev Year: 1.87B
YoY: +43.4%
Net Income Including Non-Controlling Interests
3.62B
Prev Year: 2.96B
YoY: +22.2%
Net Income from Continuing Operations
3.62B
Prev Year: 2.96B
YoY: +22.2%
Noncontrolling Interests
-935.41M
Prev Year: -1.09B
YoY: +14.2%
Diluted NI Available to Com Stockholders
2.60B
Prev Year: 1.81B
YoY: +44.1%
Net Income from Continuing and Discontinued Operation
2.68B
Prev Year: 1.87B
YoY: +43.4%
Normalized Income
2.68B
Prev Year: 1.87B
YoY: +43.4%
EBIT
4.13B
Prev Year: 3.09B
YoY: +33.9%
Reconciled Depreciation
-14.12M
Prev Year: 258.46M
YoY: -105.5%
Net Income from Continuing Operation Net Minority Interest
2.68B
Prev Year: 1.87B
YoY: +43.4%
Tax Rate for Calcs
0.099
Prev Year: 0
Interest Expense
120.85M
Prev Year: 93.77M
YoY: +28.9%
Net Interest Income
-120.85M
Otherunder Preferred Stock Dividend
42.42M
Prev Year: 27.47M
YoY: +54.4%
Preferred Stock Dividends
35.38M
Prev Year: 35.38M
YoY: 0.0%
Other Income Expense
4.32M
Prev Year: 1.93M
YoY: +124.1%
Operating Revenue
12.78B
Loss Adjustment Expense
5.62B
Prev Year: 5.33B
YoY: +5.3%
Net Policyholder Benefits And Claims
5.62B
Prev Year: 5.33B
YoY: +5.3%
Policyholder Benefits (gross)
6.15B
Prev Year: 5.63B
YoY: +9.3%
Policyholder Benefits (ceded)
538.73M
Prev Year: 296.77M
YoY: +81.5%
Values in USD

RenaissanceRe Holdings key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$12.8B$11.6B$9.1B$5.0B$5.3B
Operating income$4.1B$3.1B$3.2B-$1.2B-$66.6M
Net income$2.6B$1.8B$2.5B-$1.1B-$74.1M
Total assets$53.8B$50.7B$49.0B$36.6B$34.0B
Total liabilities$34.6B$33.2B$33.5B$26.7B$23.8B
Shareholders' equity$11.6B$10.6B$9.5B$5.3B$6.6B
Cash and short-term investments$14.7B––––
Total debt$2.3B$1.9B$2.0B$1.2B$1.2B
Operating cash flow$3.7B$4.2B$1.9B$1.6B$1.2B
Free cash flow$3.7B$4.2B$1.9B$1.6B$1.2B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was RenaissanceRe Holdings's revenue in fiscal year 2025?

$12.78 billion, up 9.7% from $11.65 billion in fiscal year 2024.

How much profit does RenaissanceRe Holdings make?

RenaissanceRe Holdings reported net income of $2.60 billion for fiscal year 2025 (20.4% of revenue); operating income was $4.13 billion.

How much cash and debt does RenaissanceRe Holdings have?

At the end of fiscal year 2025: cash and short-term investments of $14.69 billion and total debt of $2.33 billion.

What is RenaissanceRe Holdings's free cash flow?

$3.69 billion in fiscal year 2025 (operating cash flow of $3.69 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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