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RenaissanceRe Holdings (RenaissanceRe Holdings) Retained Earnings : $6,866.31 Mil (As of Mar. 2024)


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What is RenaissanceRe Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RenaissanceRe Holdings's retained earnings for the quarter that ended in Mar. 2024 was $6,866.31 Mil.

RenaissanceRe Holdings's quarterly retained earnings increased from Sep. 2023 ($4,965.21 Mil) to Dec. 2023 ($6,522.02 Mil) and increased from Dec. 2023 ($6,522.02 Mil) to Mar. 2024 ($6,866.31 Mil).

RenaissanceRe Holdings's annual retained earnings declined from Dec. 2021 ($5,232.62 Mil) to Dec. 2022 ($4,071.37 Mil) but then increased from Dec. 2022 ($4,071.37 Mil) to Dec. 2023 ($6,522.02 Mil).


RenaissanceRe Holdings Retained Earnings Historical Data

The historical data trend for RenaissanceRe Holdings's Retained Earnings 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.

* Premium members only.

RenaissanceRe Holdings Retained Earnings Chart

RenaissanceRe Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,710.88 5,373.87 5,232.62 4,071.37 6,522.02

RenaissanceRe Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,618.82 4,790.47 4,965.21 6,522.02 6,866.31

RenaissanceRe Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


RenaissanceRe Holdings  (NYSE:RNRpF.PFD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description

Traded in Other Exchanges
Address
12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
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.