Renaissancere Holdings Ltd
NYSE:RNR
Income Statement
Income Statement
Renaissancere Holdings Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
1 112
|
1 129
|
1 099
|
1 061
|
1 062
|
1 074
|
1 195
|
1 302
|
1 414
|
1 474
|
1 446
|
1 430
|
1 418
|
1 428
|
1 458
|
1 660
|
1 727
|
1 798
|
1 844
|
1 826
|
1 982
|
2 097
|
2 580
|
2 956
|
3 347
|
3 702
|
3 797
|
3 890
|
3 955
|
4 200
|
5 541
|
6 047
|
5 207
|
6 693
|
5 801
|
6 063
|
6 349
|
6 535
|
8 543
|
8 523
|
7 467
|
|
Revenue |
1 355
N/A
|
1 369
+1%
|
1 443
+5%
|
1 311
-9%
|
1 228
-6%
|
1 267
+3%
|
1 339
+6%
|
1 439
+7%
|
1 498
+4%
|
1 566
+5%
|
1 651
+5%
|
1 759
+7%
|
1 741
-1%
|
1 758
+1%
|
1 777
+1%
|
1 950
+10%
|
2 085
+7%
|
2 033
-2%
|
2 020
-1%
|
2 014
0%
|
2 069
+3%
|
2 462
+19%
|
3 201
+30%
|
3 629
+13%
|
4 185
+15%
|
4 276
+2%
|
4 600
+8%
|
4 855
+6%
|
5 130
+6%
|
5 120
0%
|
5 929
+16%
|
6 164
+4%
|
5 309
-14%
|
6 205
+17%
|
4 760
-23%
|
4 502
-5%
|
5 108
+13%
|
6 067
+19%
|
8 993
+48%
|
9 714
+8%
|
8 376
-14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(521)
|
(559)
|
(523)
|
(534)
|
(556)
|
(628)
|
(762)
|
(844)
|
(983)
|
(1 028)
|
(1 023)
|
(1 028)
|
(1 055)
|
(1 128)
|
(1 111)
|
(2 211)
|
(2 388)
|
(2 376)
|
(2 310)
|
(1 532)
|
(1 765)
|
(1 883)
|
(2 437)
|
(2 793)
|
(3 177)
|
(3 607)
|
(3 647)
|
(3 977)
|
(4 126)
|
(4 461)
|
(5 730)
|
(6 671)
|
(5 344)
|
(6 643)
|
(5 721)
|
(5 987)
|
(6 231)
|
(6 256)
|
(7 896)
|
(6 826)
|
(6 028)
|
|
Selling, General & Administrative |
(225)
|
(222)
|
(207)
|
(209)
|
(214)
|
(258)
|
(275)
|
(287)
|
(296)
|
(269)
|
(259)
|
(249)
|
(235)
|
(223)
|
(213)
|
(208)
|
(179)
|
(175)
|
(174)
|
(175)
|
(212)
|
(248)
|
(286)
|
(306)
|
(317)
|
(317)
|
(294)
|
(324)
|
(303)
|
(286)
|
(359)
|
(331)
|
(253)
|
(334)
|
(285)
|
(290)
|
(323)
|
(333)
|
(454)
|
(482)
|
(579)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Benefits Claims Loss Adjustment |
(171)
|
(203)
|
(180)
|
(189)
|
(198)
|
(216)
|
(304)
|
(334)
|
(448)
|
(498)
|
(496)
|
(509)
|
(531)
|
(597)
|
(572)
|
(1 681)
|
(1 861)
|
(1 840)
|
(1 758)
|
(947)
|
(1 120)
|
(1 175)
|
(1 569)
|
(1 813)
|
(2 097)
|
(2 441)
|
(2 498)
|
(2 785)
|
(2 925)
|
(3 221)
|
(4 098)
|
(4 954)
|
(3 876)
|
(4 718)
|
(4 037)
|
(4 207)
|
(4 339)
|
(4 298)
|
(5 324)
|
(4 218)
|
(3 574)
|
|
Policy Acquisition Expense |
(126)
|
(134)
|
(136)
|
(136)
|
(145)
|
(154)
|
(182)
|
(223)
|
(239)
|
(261)
|
(268)
|
(271)
|
(289)
|
(307)
|
(326)
|
(323)
|
(347)
|
(361)
|
(378)
|
(411)
|
(433)
|
(459)
|
(582)
|
(674)
|
(762)
|
(849)
|
(855)
|
(868)
|
(898)
|
(954)
|
(1 274)
|
(1 386)
|
(1 215)
|
(1 591)
|
(1 400)
|
(1 489)
|
(1 569)
|
(1 624)
|
(2 118)
|
(2 126)
|
(1 875)
|
|
Operating Income |
834
N/A
|
810
-3%
|
920
+14%
|
777
-16%
|
672
-14%
|
639
-5%
|
577
-10%
|
595
+3%
|
515
-14%
|
538
+5%
|
628
+17%
|
731
+16%
|
685
-6%
|
630
-8%
|
666
+6%
|
(262)
N/A
|
(303)
-16%
|
(343)
-13%
|
(290)
+16%
|
482
N/A
|
304
-37%
|
579
+91%
|
764
+32%
|
836
+9%
|
1 008
+21%
|
669
-34%
|
953
+42%
|
878
-8%
|
1 004
+14%
|
659
-34%
|
199
-70%
|
(507)
N/A
|
(36)
+93%
|
(438)
-1 132%
|
(962)
-119%
|
(1 485)
-54%
|
(1 123)
+24%
|
(189)
+83%
|
1 097
N/A
|
2 888
+163%
|
2 349
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
5
|
11
|
18
|
15
|
13
|
2
|
(12)
|
(18)
|
(26)
|
(26)
|
(50)
|
(55)
|
(48)
|
(45)
|
(27)
|
(26)
|
(29)
|
(44)
|
(43)
|
(41)
|
(45)
|
(28)
|
(38)
|
(41)
|
(46)
|
(56)
|
(27)
|
(8)
|
(30)
|
(60)
|
(82)
|
(79)
|
(110)
|
(125)
|
(126)
|
(96)
|
274
|
523
|
341
|
685
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
15
|
76
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
841
N/A
|
815
-3%
|
931
+14%
|
796
-15%
|
687
-14%
|
653
-5%
|
580
-11%
|
583
+1%
|
496
-15%
|
512
+3%
|
602
+18%
|
681
+13%
|
630
-7%
|
582
-8%
|
621
+7%
|
(288)
N/A
|
(328)
-14%
|
(372)
-13%
|
(334)
+10%
|
439
N/A
|
263
-40%
|
535
+104%
|
737
+38%
|
798
+8%
|
968
+21%
|
623
-36%
|
897
+44%
|
851
-5%
|
996
+17%
|
630
-37%
|
139
-78%
|
(589)
N/A
|
(114)
+81%
|
(548)
-381%
|
(1 087)
-98%
|
(1 611)
-48%
|
(1 219)
+24%
|
85
N/A
|
1 632
+1 830%
|
3 244
+99%
|
3 110
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
48
|
49
|
54
|
46
|
(5)
|
(13)
|
(17)
|
(0)
|
2
|
5
|
23
|
12
|
15
|
15
|
(6)
|
6
|
(5)
|
(10)
|
(12)
|
(17)
|
(1)
|
(21)
|
(9)
|
(3)
|
8
|
43
|
59
|
11
|
47
|
72
|
46
|
59
|
(7)
|
(72)
|
(78)
|
510
|
|
Income from Continuing Operations |
839
|
813
|
930
|
794
|
686
|
700
|
629
|
637
|
542
|
507
|
589
|
665
|
630
|
584
|
626
|
(266)
|
(317)
|
(357)
|
(319)
|
433
|
269
|
530
|
727
|
786
|
950
|
622
|
875
|
842
|
993
|
637
|
183
|
(531)
|
(103)
|
(501)
|
(1 015)
|
(1 565)
|
(1 160)
|
78
|
1 560
|
3 165
|
3 620
|
|
Income to Minority Interest |
(151)
|
(155)
|
(177)
|
(164)
|
(154)
|
(151)
|
(127)
|
(127)
|
(111)
|
(116)
|
(135)
|
(139)
|
(127)
|
(117)
|
(124)
|
116
|
132
|
137
|
120
|
(91)
|
(42)
|
(82)
|
(99)
|
(155)
|
(202)
|
(229)
|
(276)
|
(234)
|
(231)
|
(86)
|
(34)
|
184
|
63
|
75
|
93
|
266
|
99
|
(181)
|
(574)
|
(1 160)
|
(1 059)
|
|
Net Income (Common) |
659
N/A
|
618
-6%
|
710
+15%
|
600
-16%
|
504
-16%
|
521
+3%
|
474
-9%
|
482
+2%
|
404
-16%
|
365
-10%
|
427
+17%
|
497
+16%
|
475
-5%
|
440
-7%
|
477
+8%
|
(173)
N/A
|
(245)
-42%
|
(280)
-14%
|
(263)
+6%
|
275
N/A
|
195
-29%
|
409
+110%
|
583
+42%
|
587
+1%
|
704
+20%
|
352
-50%
|
557
+58%
|
568
+2%
|
723
+27%
|
512
-29%
|
109
-79%
|
(388)
N/A
|
(74)
+81%
|
(469)
-532%
|
(960)
-105%
|
(1 335)
-39%
|
(1 098)
+18%
|
(148)
+87%
|
921
N/A
|
1 938
+110%
|
2 488
+28%
|
|
EPS (Diluted) |
15.05
N/A
|
15.14
+1%
|
17.89
+18%
|
15.22
-15%
|
12.6
-17%
|
11.77
-7%
|
11.3
-4%
|
10.72
-5%
|
9.28
-13%
|
8.66
-7%
|
10.19
+18%
|
12.22
+20%
|
11.43
-6%
|
10.94
-4%
|
11.98
+10%
|
-4.36
N/A
|
-6.14
-41%
|
-7.07
-15%
|
-6.55
+7%
|
6.93
N/A
|
4.91
-29%
|
9.47
+93%
|
13.28
+40%
|
13.49
+2%
|
16.29
+21%
|
7.9
-52%
|
10.65
+35%
|
11.34
+6%
|
15.31
+35%
|
10.32
-33%
|
2.33
-77%
|
-8.4
N/A
|
-1.57
+81%
|
-10.81
-589%
|
-22.22
-106%
|
-31.16
-40%
|
-25.5
+18%
|
-3.26
+87%
|
19.02
N/A
|
38.48
+102%
|
52.27
+36%
|