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17	17	= Brief Company Overview =
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19		-RenaissanceRe Holdings Ltd. (NYSE:RNR) is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. The Company has two segments. The Property segment is comprised of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Casualty and Specialty segment is comprised of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Company writes catastrophe reinsurance and insurance coverage protecting against natural and man-made catastrophes, such as earthquakes, hurricanes, typhoons and tsunamis, winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism, among others. Its subsidiaries include Renaissance Reinsurance Ltd., Validus Reinsurance Ltd. and others.
	19	+[[image:renaissancere-holdings-ltd_20210429140520.jpg||alt="renaissancere logo" height="161" style="float:left" width="306"]]RenaissanceRe Holdings Ltd. (NYSE:RNR) is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. The Company has two segments. The Property segment is comprised of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Casualty and Specialty segment is comprised of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Company writes catastrophe reinsurance and insurance coverage protecting against natural and man-made catastrophes, such as earthquakes, hurricanes, typhoons and tsunamis, winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism, among others. Its subsidiaries include Renaissance Reinsurance Ltd., Validus Reinsurance Ltd. and others.
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21	21	RenaissanceRe’s principal wholly-owned operating subsidiaries are Renaissance Reinsurance, RREAG, Renaissance Reinsurance U.S., RenaissanceRe Specialty U.S., and Syndicate 1458. Through these subsidiaries, the company writes property and casualty and specialty (re)insurance that drives its underwriting income. Renaissance Reinsurance is the company’s flagship balance sheet, through which it has broad exposure to a range of risks. RenaissanceRe’s other balance sheets allow it to optimize where and how it writes specific risks, considering geographic location, regulatory flexibility, and the ability to access different markets of risk. For example, RenaissanceRe Specialty U.S. writes excess and surplus U.S. risk, which can be supported on a quota-share reinsurance or delegated authority basis through managing general agents. The company utilizes an integrated and flexible underwriting platform to ensure that risks are matched with the optimal wholly-owned operating subsidiary balance sheet.
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	24	+[[image:RenRe-resized.jpg||alt="renaissancere holdings head office"]]
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23	23	As of September 2023, the company had a 52-week share price range of $174.22 to $227.16. The trailing P/E ratio of the company is 7.06 times, the price-to-sales ratio (ttm) is 1.24 times, the profit margin is 17.97%, the operating margin is 25.49%, the return on assets (ttm) is 4.06%, the return on equity is 20.84%, and the diluted earnings per share (ttm) is $30.46. The aggregate market value of Common Shares held by nonaffiliated of the registrant at June 30, 2022 was $6.7 billion based on the closing sale price of the Common Shares on the New York Stock Exchange on that date. The number of Common Shares, par value US $1.00 per share, outstanding at February 3, 2023 was 43,719,732.
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25	25	= Recent Developments =