RENAISSANCERE HOLDINGS LTD RNR Income Statement

Renaissancere holdings ltd (RNR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Revenues
Gross premiums written
4,807	3,310	2,797	2,374	2,011	1,550	1,605	1,551	1,434	1,165	1,228	1,242
Premiums Written, Net
3,381	2,131	1,871	1,535	1,416	1,068	1,203	1,102	1,012	848	838	935
Increase in unearned premiums
-43	-155	-153	-131	-15	-5	-89	-33	-61	15	43	48
Premiums Earned, Net
3,338	1,976	1,717	1,403	1,400	1,062	1,114	1,069	951	864	882	984
Net Investment Income
423	261	222	181	152	124	208	165	146	203	318	13
Foreign Currency Transaction Gain (Loss), before Tax
-2	-12	10	-13	-3	6	1	5	-7	-17	-13	2
Equity in earnings of other ventures
23	18	8	0	20	26	23	23	-36	-11	10	13
Other (loss) income
4	5	9	14	13	-0	-2	-2	44	41	1	5
Gain (Loss) on Investments
414	-175	135	141	-68	41	35	163	43	144	93	11
Total other-than-temporary impairments
-	-	-	-	-	-	-	0	0	0	26	214
Portion recognized in other comprehensive income (loss), before taxes
-	-	-	-	-	-	-	0	0	0	4	0
Net other-than-temporary impairments (Note 5)
-	-	-	-	-	-	-	0	0	0	22	214
Total revenues
4,201	2,074	2,103	1,727	1,515	1,260	1,380	1,424	1,141	1,224	1,270	816
Expenses
Net claims and claim expenses incurred
2,097	1,120	1,861	530	448	197	171	325	861	129	-70	481
Acquisition expenses
762	432	346	289	238	144	125	113	97	94	104	141
Operational expenses
222	178	160	197	219	190	191	179	169	166	153	94
Corporate expenses
94	33	18	37	76	22	33	16	18	20	12	24
Interest expense
58	47	44	42	36	17	17	23	23	21	15	24
Total expenses
3,234	1,812	2,431	1,097	1,018	573	539	657	1,169	432	214	766
Income before taxes
967	262	-328	630	496	686	841	766	-28	792	1,055	50
Income Tax Expense (Benefit)
17	-6	26	0	-45	0	1	1	10	-6	10	-0
Income from continuing operations
-	-	-	-	-	-	839	765	-38	798	1,045	50
Income from discontinued operations
-	-	-	-	-	-	2	-16	-51	62	6	33
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
950	268	-354	630	542	686	841	748	-90	861	1,052	84
Net (income) loss attributable to redeemable noncontrolling interests (Note 10)
201	41	-132	127	111	153	151	148	-33	116	171	55
Net (loss) income attributable to RenaissanceRe
748	227	-222	502	431	532	690	600	-57	744	881	29
Dividends, Preferred Stock
36	30	22	22	22	22	24	34	35	42	42	42
Net Income (Loss) Available to Common Stockholders, Basic
712	197	-244	480	408	510	665	566	-92	702	838	-13
Income (loss) from continuing operations available (attributable) to RenaissanceRe common shareholders per common share basic, in dollars per share
-	-	-	-	-	-	15.08	11.74	-0.82	11.28	13.39	-0.75
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share basic, in dollars per share
-	-	-	-	-	-	0.06	-0.34	-1.02	1.14	0.11	0.54
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – basic
16.32	4.91	-6.15	11.50	9.36	12.77	15.14	11.40	-1.84	12.42	13.50	-0.21
Income from continuing operations available to RenaissanceRe common shareholders per common share diluted, in dollars per share
-	-	-	-	-	-	14.82	11.56	-0.82	11.18	13.29	-0.75
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share diluted, in dollars per share
-	-	-	-	-	-	0.05	-0.33	-1.02	1.13	0.11	0.54
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – diluted
16.29	4.91	-6.15	11.43	9.28	12.60	14.87	11.23	-1.84	12.31	13.40	-0.21
Dividends per common share (in dollars per share)
-	-	-	-	1.20	1.16	1.12	1.08	1.04	1.00	0.96	0.92