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RNR (RenaissanceRe Holdings) Scaled Net Operating Assets : 0.25 (As of Dec. 2024)


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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 Dec. 2024 was $44,499 Mil. RenaissanceRe Holdings's operating liabilities for the quarter that ended in Dec. 2024 was $31,269 Mil. RenaissanceRe Holdings's Total Assets for the quarter that ended in Sep. 2024 was $52,756 Mil. Therefore, RenaissanceRe Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.25.

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. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(49030.946-31269.1)/49007.105
=0.36

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50707.55 - 1676.604
=49030.946

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33155.789 - 1886.689 - 0
=31269.1

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(44499.291-31269.1)/52756.41
=0.25

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50707.55 - 6208.259
=44499.291

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33155.789 - 1886.689 - 0
=31269.1

* 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

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RenaissanceRe Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RenaissanceRe Holdings Ltd (NYSE:RNR) » Definitions » Scaled Net Operating Assets
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RGA EG HG SPNT GLRE MHLD OXBR XTER:MUV2 XSWX:SREN XTER:HNR1 BOM:540755 HKSE:01508 XPAR:SCR XPAR:COFA SAU:8200 XKRX:003690 XLJU:POSR BSP:IRBR3 LSE:CRE TPE:2851
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 and specialty reinsurance. 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
Henry Iii Klehm director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM19
Robert Qutub officer: EVP, Chief Financial Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
David C Bushnell director 11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Carol P Sanders director PO BOX 2568, MADISON WI 53701-2568
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
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
Shyam H Gidumal director 2325 PALOS VERDES DRIVE WEST SUITE 211, PALOS VERDES ESTATES CA 90274
James Christopher Fraser officer: SVP, Chief Accounting 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
Ross Curtis officer: SVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, 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