Benzinga | Jan 26, 2021 04:35PM EST

RenaissanceRe Holdings: Q4 Earnings Insights

Shares of RenaissanceRe Holdings (NYSE:RNR) decreased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 405.77% over the past year to ($1.59), which missed the estimate of ($1.27).

Revenue of $1,395,000,000 higher by 26.24% year over year, which beat the estimate of $1,260,000,000.

Looking Ahead

RenaissanceRe Holdings hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $202.68

Company's 52-week low was at $113.27

Price action over last quarter: down 5.78%

Company Overview

RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property catastrophe and specialty reinsurance risks. Revenue is primarily derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are property, and casualty and specialty.