- RenaissanceRe Holdings Ltd. (RNR, Financial) reported a net income of $826.5 million available to common shareholders in Q2 2025.
- The company achieved a remarkable annualized return on average common equity of 33.7% and a combined ratio of 75.1%.
- RenaissanceRe repurchased approximately 1.6 million shares for $376.4 million, at an average price of $242.18 per share.
RenaissanceRe Holdings Ltd. (RNR), a global provider of reinsurance and insurance, reported robust financial results for the second quarter of 2025. The company's net income available to common shareholders reached $826.5 million, translating to $17.20 per diluted share. Operating income for the quarter was $594.6 million, or $12.29 per diluted share.
Impressively, the annualized return on average common equity stood at 33.7%, while the operating return was 24.2%. The company achieved a combined ratio of 75.1%, with an adjusted combined ratio of 73.0%, indicating efficient underwriting practices.
Fee income for the quarter increased by 12.9% year-on-year to $95.0 million. The total investment result was substantial at $762.8 million, fueled by net investment income of $413.1 million and mark-to-market gains of $349.7 million.
RenaissanceRe continued its share repurchase program, buying back approximately 1.6 million common shares at an aggregate cost of $376.4 million, with an additional 293.8 thousand shares repurchased from July 1 through July 21, 2025, at an average price of $239.03 per share.
The company's leadership, including CEO Kevin J. O'Donnell, highlighted the successful execution of mid-year renewals and strategic growth in attractive property catastrophe opportunities. These strategic decisions have positioned RenaissanceRe to deliver substantial value to shareholders as it leverages favorable underwriting and investment environments.
