RenaissanceRe Holdings's Total Assets for the quarter that ended in Dec. 2023 was $49,007 Mil.
During the past 12 months, RenaissanceRe Holdings's average Total Assets Growth Rate was 38.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.50% per year.
During the past 13 years, RenaissanceRe Holdings's highest 3-Year average Total Assets Growth Rate was 43.90%. The lowest was -1.90%. And the median was 14.85%.
Total Assets is connected with ROA %. RenaissanceRe Holdings's annualizedROA % for the quarter that ended in Dec. 2023 was 14.12%. Total Assets is also linked to Revenue through Asset Turnover. RenaissanceRe Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.
RenaissanceRe Holdings Total Assets Historical Data
The historical data trend for RenaissanceRe Holdings's Total Assets can be seen below:
* 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.
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RenaissanceRe Holdings Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
26,330.09
30,820.58
33,959.50
36,552.88
49,007.11
RenaissanceRe Holdings Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
36,552.88
38,270.33
41,399.92
40,843.08
49,007.11
RenaissanceRe Holdings Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
RenaissanceRe Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:RNR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
RenaissanceRe Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
RenaissanceRe Holdings Total Assets Related Terms
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RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description
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.
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