Renaissancere Holdings Ltd. · NYSE:RNR
Renaissancere — Investor Presentation (April 2026)
27 slides from Renaissancere's investor presentation, Apr 14, 2026
Slide 1: RenaissanceRe Holdings Ltd. Investor Overview
RenaissanceRe Holdings Ltd. Investor Overview NYSE: RNR Fiscal Year 2025 April 14, 2026
Slide 2: Cautionary Statement Regarding Forward Looking Statements
Cautionary Statement Regarding Forward Looking Statements Any forward-looking statements made in this presentation reflect RenaissanceRe Holdings Ltd.’s (“RenaissanceRe, the “Company”, “we”, “us”, or “our”) current views with respect to future events and financial performance and are made pursuant t
Slide 3: RenaissanceRe Holdings Ltd. overview (NYSE: RNR)
RenaissanceRe Holdings Ltd. overview (NYSE: “RNR”) 2025 Financial Highlights Leading, global reinsurer with diversified property, casualty and specialty 87.2% underwriting portfolio Combined Ratio Proven, disciplined growth with strong track record of value-accretive acquisitions $11.7B Gross Premiu
Slide 4: Three decades of industry leadership
Three decades of industry leadership Our Purpose Our Vision Our Mission protect communities and enable prosperity be the best underwriter match desirable risk with efficient capital 1993-2002 2003-2012 2013-2022 2023-Present Innovating in property Building a leading, global P&C Increasing scale and
Slide 5: Ability to generate shareholder value has accelerated since Validus acquisition
Ability to generate shareholder value has accelerated since Validus acquisition 10Y Growth in Book Value Per Common Share Accelerated growth driven by: ▪ Enhanced scale from Validus acquisition ▪ Step change in pricing and terms & conditions ▪ Growth in low volatility fee-generating Capital Partners
Slide 6: The company we have built is fundamentally different from what it was just a few years ago
The company we have built is fundamentally different from what it was just a few years ago. We are larger and significantly more diversified – by geography, by line of business and by source of income – with greater contributions from fee and investment income. – Kevin J. O’Donnell, President and Ch
Slide 7: Three Drivers of Profit are additive components of earnings
Three Drivers of Profit are additive components of earnings, reducing volatility while producing strong returns for shareholders Underwriting Income Fee Income Net Investment Income Generated from our reinsurance-focused Generated predominately from our Generated from our conservative portfolio Capi
Slide 8: Increased contribution from Three Drivers of Profit results in strong financial performance in 2025
Increased contribution from Three Drivers of Profit results in strong financial performance in 2025 Net Income Available to RenaissanceRe Operating Income Available to Common Shareholders $2.6B RenaissanceRe Common Shareholders (1) $1.9B Operating Return on Average Common Return on Average Common Eq
Slide 9: Growth in Three Drivers of Profit enhances ability to absorb volatility
Growth in Three Drivers of Profit enhances ability to absorb volatility We have been significantly more profitable and less volatile over the last three years than over the prior decade. We have achieved these results despite annual industry catastrophe losses nearly doubling since 2016. So, while s
Slide 10: Diverse underwriting portfolio enhanced by organic growth and strategic acquisitions
Diverse underwriting portfolio enhanced by organic growth and strategic acquisitions Gross Premiums Written ($B) 2025 Gross Premiums Written by Line of Business Casualty and Specialty Property $11.7 $11.7 21% 28% Combined Ratio Other Specialty Catastrophe Acquisition of Validus $9.2 $8.9 10% $11.7B
Slide 11: Fee and Net Investment Income anchor a solid profitability base and lower volatility
Fee and Net Investment Income anchor a solid profitability base and lower volatility Contribution to Return on Average Common Equity from Fee and Retained Net Investment Income(1) Fee Income 15 points of (1) Retained Net Investment Income ROACE 3.8% 3.4% 3.2% 13.3% 6 points of 12.0% 11.6% ROACE 2.4%
Slide 12: Industry-leading Capital Partners business enhances our ability to match desirable risk with efficient capital
Industry-leading Capital Partners business enhances our ability to match desirable risk with efficient capital ~$27.1B (4) $14.0B ~$13.0B (2) Owned Capital Third Party Capital (excluding RenaissanceRe’s Ownership Interest) Property and Casualty & Specialty Vehicles (including RenaissanceRe’s Ownersh
Slide 13: Capital Partners manages rated and collateralized vehicles across the risks we underwrite
Capital Partners manages rated and collateralized vehicles across the risks we underwrite RenaissanceRe’s Fee Income Type of Vehicle Established Consolidated Economic Generated(3,4) Ownership(1) Joint venture focused on non-U.S. risk remote layers in 1999 No(5) 50.0% ▪ Management property catastroph
Slide 14: Investment portfolio is conservative and diversified, benefiting from 2.5x leverage
Investment portfolio is conservative and diversified, benefiting from 2.5x leverage (1) Total Investments ($B) 2025 Total Investments ($B) Total investments attributable to redeemable noncontrolling interests and third-party investors in various joint ventures and managed funds (2) Retained total in
Slide 15: Capital management framework
Capital management framework ▪ Preference to deploy capital into profitable underwriting opportunities ▪ Strategically return excess capital through share repurchases ▪ Pursue strategic opportunities when compelling, as demonstrated by ▪ Pay regular common share dividends, with a 31-year track recor
Slide 16: RenaissanceRe Risk Sciences produces industry-leading risk intelligence
RenaissanceRe Risk Sciences produces industry-leading risk intelligence Proprietary view Sharing expertise to informs risk selection strengthen partnerships RenaissanceRe Risk Sciences provides customers with unique and RenaissanceRe Risk Sciences tailored insights from initial risk utilizes insight
Slide 17: Additional resources
Additional resources Annual Report and Proxy Statement Financial Supplement Sustainability Information For additional information, see the “Sustainability” section of www.renre.com. Investor inquiries should be directed to: Investor Relations Keith McCue Hayden Kenny Senior Vice President, Senior Vi
Slide 18: Appendix
Appendix
Slide 19: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures In addition to the GAAP financial measures set forth in this presentation, the Company has included certain non-GAAP financial measures within the meaning of Regulation G. The Company has provided certain of these financial measures in previous investor commun
Slide 20: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Operating Income (Loss) Available (Attributable) to RenaissanceRe Common Shareholders, Operating Income (Loss) Available (Attributable) to RenaissanceRe Common Shareholders per Common Share – Diluted and Operating Return on Average Common Equity – Annualized T
Slide 21: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures (1) Represents the purchase accounting adjustments related to the amortization of acquisition related intangible assets, amortization (accretion) of value of business acquired (“VOBA”) and acquisition costs, and the fair value adjustments to the net reserves f
Slide 22: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Tangible Book Value Per Common Share and Tangible Book Value Per Common Share Plus Accumulated Dividends The Company has included in this Financial Supplement “tangible book value per common share” and “tangible book value per common share plus accumulated div
Slide 23: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Retained Total Investments The Company has included in this Financial Supplement “retained total investments.” “Retained total investments” is defined as the consolidated total investments, less the portions attributable to redeemable noncontrolling interests
Slide 24: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Retained Total Investments The Company has included in this Financial Supplement “retained total investments.” “Retained total investments” is defined as the consolidated total investments, less the portions attributable to redeemable noncontrolling interests
Slide 25: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Retained Total Investment Result The Company has included in this Financial Supplement “retained total investment result.” “Retained total investment result” is defined as the consolidated total investment result less the portions attributable to redeemable no
Slide 26: Comments on Non-GAAP Financial Measures
Comments on Non-GAAP Financial Measures Retained Total Investment Result The Company has included in this Financial Supplement “retained total investment result.” “Retained total investment result” is defined as the consolidated total investment result less the portions attributable to redeemable no
Slide 27: RenaissanceRe Holdings Ltd.
RenaissanceRe Holdings Ltd. Renaissance House 12 Crow Lane Pembroke HM 19 Bermuda renre.com
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