GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RenaissanceRe Holdings Ltd (NYSE:RNR) » Definitions » Scaled Net Operating Assets

RenaissanceRe Holdings (RenaissanceRe Holdings) Scaled Net Operating Assets : 0.24 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is RenaissanceRe Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RenaissanceRe Holdings's operating assets for the quarter that ended in Mar. 2024 was $44,698 Mil. RenaissanceRe Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $32,969 Mil. RenaissanceRe Holdings's Total Assets for the quarter that ended in Dec. 2023 was $49,007 Mil. Therefore, RenaissanceRe Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.24.

RenaissanceRe Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RenaissanceRe Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(47129.587-31492.661)/36552.878
=0.43

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=49007.105 - 1877.518
=47129.587

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33451.316 - 1883.655 - 75
=31492.661

RenaissanceRe Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(44698.43-32969.155)/49007.105
=0.24

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50944.334 - 6245.904
=44698.43

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34853.566 - 1884.411 - 0
=32969.155

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RenaissanceRe Holdings Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of RenaissanceRe Holdings's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RenaissanceRe Holdings Ltd (NYSE:RNR) » Definitions » Scaled Net Operating Assets
Comparable Companies
RGA EG SPNT HG GLRE MHLD OXBR XTER:MUV2 XSWX:SREN XTER:HNR1 BOM:540755 XPAR:SCR TSX:BNRE HKSE:01508 XPAR:COFA LSE:CRE XKRX:003690 BSP:IRBR3 TPE:2851 SAU:8200
Traded in Other Exchanges
RNRpG.PFD:USA RNRpF.PFD:USA RRJ:Germany
Address
12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
Website
https://www.renre.com
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty, specialty reinsurance, and certain insurance products. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
Executives
David E Marra officer: EVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Robert Qutub officer: EVP, Chief Financial Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Kevin Odonnell officer: SVP--Property Catastrophe RENAISSANCE HOUSE, 8-12 EAST BROADWAY, PEMBROKE D0 HM19
Torsten Jeworrek director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Carol P Sanders director PO BOX 2568, MADISON WI 53701-2568
Sean G Brosnan officer: SVP, Chief Investment Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Gray Brian Gerald John director 1081 NORTH WASEOSA LAKE ROAD, HUNTSVILLE A6 P1H 2J4
David C Bushnell director 11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Shyam H Gidumal director 2325 PALOS VERDES DRIVE WEST SUITE 211, PALOS VERDES ESTATES CA 90274
Henry Iii Klehm director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM19
James Christopher Fraser officer: SVP, Chief Accounting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ross Curtis officer: SVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ian D Branagan officer: SVP, Chief Risk Officer RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Shannon Lowry Bender officer: SVP, General Counsel & Secty 12 CROW LANE, PEMBROKE D0 HM 19
Aditya Dutt officer: President, Ventures RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19