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Renaissancere Holdings Ltd (RNR.N)

RNR.N on New York Stock Exchange

122.92USD
17 Jan 2018
Change (% chg)

$0.99 (+0.81%)
Prev Close
$121.93
Open
$122.49
Day's High
$123.44
Day's Low
$121.82
Volume
121,302
Avg. Vol
125,068
52-wk High
$152.00
52-wk Low
$116.50

Latest Key Developments (Source: Significant Developments)

RenaissanceRe Announces Estimated Impact Of U.S. Tax Bill
Friday, 22 Dec 2017 

Dec 22 (Reuters) - RenaissanceRe Holdings Ltd ::RENAISSANCERE ANNOUNCES ESTIMATED IMPACT OF U.S. TAX BILL.RENAISSANCERE HOLDINGS - ESTIMATES THAT ECONOMIC IMPACT OF U.S. TAX BILL TO CO WILL BE MINIMAL.RENAISSANCERE SAYS PURSUANT TO U.S. TAX BILL, CO ANTICIPATES IT WILL WRITE DOWN PORTION OF ITS DEFERRED TAX ASSET.RENAISSANCERE - ESTIMATES WRITE-DOWN IN DEFERRED TAX ASSET WILL REDUCE NET INCOME BY ABOUT $40 MILLION IN PERIOD IN WHICH U.S. TAX BILL IS ENACTED.  Full Article

RenaissanceRe Announces $90 Million Initial Estimated Net Negative Impact From Oct 2017 California Wildfires
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - RenaissanceRe Holdings Ltd ::RENAISSANCERE ANNOUNCES $90 MILLION INITIAL ESTIMATED NET NEGATIVE IMPACT FROM OCTOBER 2017 CALIFORNIA WILDFIRES.RENAISSANCERE HOLDINGS - CURRENTLY ESTIMATES LOSSES FROM OCT 2017 CALIFORNIA WILDFIRES TO HAVE NET NEGATIVE IMPACT OF $90 MILLION ON Q4 2017 RESULTS.  Full Article

Renaissancere Holdings ‍board approved an increase in co's share repurchase program
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Renaissancere Holdings Ltd ::Renaissancere Holdings - ‍Board approved an increase in co's share repurchase program, bringing total current authorization to $500 million​.  Full Article

Renaissancere Holdings reports Q3 loss per share $12.75
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Renaissancere Holdings Ltd :Renaissancere reports net loss of $504.8 million for the third quarter of 2017, or a loss of $12.75 per diluted common share; quarterly operating loss of $546.9 million or a loss of $13.81 per diluted common share.Q3 operating loss per share $13.81.Q3 loss per share $12.75.Q3 earnings per share view $-12.11 -- Thomson Reuters I/B/E/S.Renaissancere Holdings Ltd - ‍net negative impact from hurricanes, Mexico earthquake and losses associated with loss contracts of $615.1 million in quarter​.  Full Article

Universal Insurance Holdings, Inc. announces sale of $10 million of common stock to RenaissanceRe
Thursday, 28 Apr 2016 

Universal Insurance Holdings:Sold 583,771 shares of common stock to RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe Holdings Ltd. (collectively, "RenaissanceRe"), in a private placement.RenaissanceRe is a global provider of catastrophe and specialty reinsurance and insurance.Common shares of UVE were sold to RenaissanceRe at a price of $17.13 per share, the closing price of UVE common stock on April 26, 2016, for total consideration of $10 million.  Full Article

RenaissanceRe Holdings Ltd announces dividend
Friday, 19 Feb 2016 

RenaissanceRe Holdings Ltd:Announces twenty-first consecutive annual increase in quarterly dividend.Increases quarterly dividend to $0.31 per share from $0.30 per share.Says board of directors approves share repurchase program up to an aggregate of $500 million.  Full Article

UPDATE 1-Corporate America expects tax overhaul to lift spending, earnings

Dec 22 The Republican-led U.S. House of Representatives on Wednesday passed the biggest overhaul of the U.S. tax code in 30 years, a sweeping $1.5 trillion bill that President Donald Trump signed into law on Friday.