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Stock impact report

Spotting Winners: RenaissanceRe (NYSE:RNR) And Reinsurance Stocks In Q2 [Yahoo! Finance]

RenaissanceRe Holdings Ltd. (RNR) 
Last renaissancere holdings ltd. earnings: 2/4 05:23 pm Check Earnings Report
US:NYSE Investor Relations: renre.com
Company Research Source: Yahoo! Finance
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at RenaissanceRe (NYSE:RNR) and the best and worst performers in the reinsurance industry. This is a cyclical industry, and the sector benefits when there is 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. The primary headwind remains the immense and concentrated exposure to large-scale catastrophe losses, as the growing impact of climate change challenges traditional risk models and creates significant earnings volatility. Additionally, they face the risk of adverse prior-year reserve development, where claims prove more costly than anticipated, while the eventual influx of new capital from alternative sour Show less Read more
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