Renaissancere Re

Q2 FY2026 EarningsQ2 FY26 net income available to common shareholders reached $654.2M, with diluted EPS at $15.48 and an annualized ROE of 24.0%. Despite a 12.5% YoY decline in gross premiums written to $2.99B due to proactive exposure reductions, underwriting income remained resilient at $599.1M. The consolidated combined ratio improved by 2.3pct YoY to 72.8%, benefiting from lower catastrophe activity and one-time Bermuda tax credits. Book value per common share increased 5.7% QoQ to $264.77, while $350.0M was returned to shareholders via share repurchases during the quarter.