v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Gross premiums written (Note 7) $ 11,738,420 $ 11,733,066 $ 8,862,366
Net premiums written (Note 7) 9,870,200 9,952,216 7,467,813
Decrease (increase) in unearned premiums 30,982 143,544 3,320
Net premiums earned (Note 7) 9,901,182 10,095,760 7,471,133
Net investment income (Note 5) 1,703,475 1,654,289 1,253,110
Net foreign exchange gains (losses) (13,504) (76,076) (41,479)
Equity in earnings (losses) of other ventures (Note 5) 71,332 47,087 43,474
Other income (loss) 4,321 1,928 (6,152)
Net realized and unrealized gains (losses) on investments 1,181,268 (27,840) 414,522
Total revenues 12,848,074 11,695,148 9,134,608
Expenses      
Net claims and claim expenses incurred (Notes 7 and 8) 5,615,839 5,332,981 3,573,509
Acquisition expenses 2,550,823 2,643,867 1,875,034
Operational expenses 464,477 496,588 375,182
Corporate expenses 82,008 134,784 127,642
Interest expense (Note 9) 120,852 93,768 73,181
Total expenses 8,833,999 8,701,988 6,024,548
Income (loss) before taxes 4,014,075 2,993,160 3,110,060
Income tax benefit (expense) (Note 15) (396,332) (32,628) 510,067
Net income (loss) 3,617,743 2,960,532 3,620,127
Net (income) loss attributable to redeemable noncontrolling interests (Note 10) (935,409) (1,090,172) (1,058,995)
Net income (loss) attributable to RenaissanceRe 2,682,334 1,870,360 2,561,132
Dividends on preference shares (Note 12) (35,375) (35,375) (35,375)
Net income (loss) available (attributable) to RenaissanceRe common shareholders $ 2,646,959 $ 1,834,985 $ 2,525,757
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic (in dollars per share) $ 56.23 $ 35.31 $ 52.40
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted (in dollars per share) $ 56.03 $ 35.21 $ 52.27