RenaissanceRe Reports Q1 2026 Earnings with Operating Income of $591 Million
RenaissanceRe (RNR) reported Q1 2026 earnings with operating income of $591 million, resulting in a 22% annualized operating return on equity and $13.75 operating earnings per share. The company saw a 1.5% increase in tangible book value per share, despite retained mark-to-market losses and share repurchases at a premium to book value. Underwriting income was $589 million, driven by strong current accident year results and favorable reserve development.
Topics: combined ratio earnings per share fee income operating income premiums written underwriting income