Disruptive With Benefits - Third-Party Capital Still A Threat To Stable Reinsurers, Says A.M. Best [Seeking Alpha]
RenaissanceRe Holdings Ltd. (RNR)
Last renaissancere holdings ltd. earnings: 2/4 05:23 pm
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Source: Seeking Alpha
Third-party reinsurance capital from the insurance-linked securities (ILS) market and alternative capital vehicles remains a threat to the stable outlook for the global reinsurance market, rating agency A.M. Best believes.A.M. Best has maintained its stable outlook on the global reinsurance industry, despite the threat posed by the ongoing COVID-19 coronavirus pandemic, citing in particular the stabilised non-life reinsurance pricing environment and the positive momentum seen across pricing of many lines of business.A temporary tightening of third-party and ILS fund capacity, following the heavy catastrophe loss years, is seen as a key input to the more favourable non-life reinsurance pricing development, by A.M. Best.However, the rating agency acknowledges that ILS capacity has the potential to further disrupt traditional reinsurer business models, especially as "Property catastrophe pricing is still being driven by the availability of third-party capital and is not as heavily influe
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News
- Why RenaissanceRe (RNR) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- Can High Medical Costs Affect UnitedHealth's (UNH) Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- RenaissanceRe Holdings Ltd. (NYSE: RNR) had its price target raised by analysts at Evercore ISI from $213.00 to $216.00. They now have an "underperform" rating on the stock.MarketBeat
- RenaissanceRe Holdings Ltd. (NYSE: RNR) had its price target raised by analysts at JPMorgan Chase & Co. from $204.00 to $237.00. They now have a "neutral" rating on the stock.MarketBeat
- RenaissanceRe Schedules First Quarter 2024 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
RNR
Earnings
- 1/30/24 - Beat
RNR
Sec Filings
- 3/26/24 - Form ARS
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- RNR's page on the SEC website