RENAISSANCERE HOLDINGS LTD RNR Income Statement

Renaissancere holdings ltd (RNR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
Gross premiums written
5,269	4,807	4,450	4,214	3,715	3,310	3,170	3,185	3,035	2,797	2,712	2,502	2,434	2,374	2,387	2,326	2,229	2,011	1,807	1,639	1,488	1,550	1,501	1,483	1,675	1,605	1,605	1,558	1,522	1,551	1,510	1,514	1,488	1,434	1,423	1,394	1,259	1,165	1,336	2,080	0	0	0
Premiums Written, Net
3,722	3,381	3,067	2,816	2,397	2,131	2,009	2,038	1,990	1,871	1,802	1,603	1,567	1,535	1,552	1,535	1,523	1,416	1,291	1,184	1,021	1,068	1,037	1,004	1,217	1,203	1,200	1,178	1,046	1,102	1,054	1,052	1,052	1,012	1,013	993	894	848	893	1,442	0	0	0
Increase in unearned premiums
-20	-43	-124	-248	-312	-155	-186	-200	-198	-153	-154	-156	-151	-131	-139	-106	-66	-15	4	7	50	-5	25	93	-87	-89	-59	-68	15	-33	-69	-100	-128	-61	-72	-68	25	15	77	-304	0	0	0
Premiums Earned, Net
3,701	3,338	2,942	2,567	2,085	1,976	1,822	1,838	1,791	1,717	1,648	1,446	1,415	1,403	1,413	1,428	1,457	1,400	1,295	1,192	1,072	1,062	1,062	1,098	1,129	1,114	1,141	1,109	1,061	1,069	984	951	924	951	941	924	919	864	971	1,138	0	0	0
Net Investment Income
441	424	365	331	287	261	281	241	224	222	196	207	207	181	180	157	141	152	132	129	125	124	177	212	203	208	168	154	145	165	179	104	120	118	118	205	198	203	258	312	0	0	0
Foreign Currency Transaction Gain (Loss), before Tax
-5	-2	-2	0	-19	-12	-11	-7	6	10	5	-0	-3	-13	-7	-0	-1	-3	-4	0	4	6	8	3	0	1	2	4	7	5	3	-2	-8	-6	-11	-9	-5	-17	-10	-14	0	0	0
Equity in earnings of other ventures
23	23	21	23	22	18	16	10	10	8	10	-2	-2	0	-0	16	16	20	22	26	27	26	27	25	21	23	23	20	23	23	-6	-5	-7	-36	-24	-35	-37	-11	2	15	0	0	0
Other (loss) income
-2	4	10	10	10	5	2	5	6	9	12	11	11	14	17	17	16	13	6	3	1	-0	-1	0	-0	-2	-5	-6	-0	-2	-42	-43	-54	-0	68	96	97	41	28	-0	0	0	0
Gain (Loss) on Investments
133	413	307	288	77	-175	-94	-65	10	135	93	111	123	141	148	47	-49	-68	4	14	68	41	72	132	35	35	-14	32	129	163	174	116	123	70	-19	55	91	144	227	153	0	0	0
Total other-than-temporary impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	0	0	0	0	0	0	2	7	0	0	0
Portion recognized in other comprehensive income (loss), before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net other-than-temporary impairments (Note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	1	3	0	0	0
Total revenues
4,291	4,201	3,644	3,223	2,464	2,074	2,018	2,023	2,049	2,103	1,966	1,774	1,751	1,727	1,751	1,667	1,581	1,515	1,456	1,364	1,298	1,260	1,346	1,471	1,390	1,380	1,315	1,314	1,368	1,424	1,292	1,119	1,096	1,095	1,073	1,237	1,263	1,224	1,476	1,602	0	0	0
Expenses
Net claims and claim expenses incurred
2,440	2,097	1,812	1,568	1,175	1,120	946	1,757	1,840	1,861	1,681	572	597	530	508	496	497	448	334	303	215	197	189	180	202	171	379	391	336	325	141	146	248	861	830	830	660	129	195	183	0	0	0
Acquisition expenses
848	762	674	581	459	432	411	378	361	346	322	326	307	289	270	268	260	238	222	182	154	144	135	135	134	125	133	120	114	113	99	100	89	97	91	91	100	94	120	146	0	0	0
Operational expenses
245	222	217	204	181	178	148	150	154	160	181	179	188	197	212	226	229	219	210	202	193	190	193	190	187	191	186	184	182	179	169	169	170	169	172	166	162	166	165	175	0	0	0
Corporate expenses
71	94	88	81	66	33	26	23	20	18	26	33	34	37	36	32	39	76	76	72	63	22	15	16	33	33	34	33	16	16	21	20	20	18	14	16	16	20	11	11	0	0	0
Interest expense
61	58	54	50	47	47	47	47	45	44	42	41	42	42	42	42	41	36	30	23	18	17	17	17	17	17	19	20	22	23	23	22	22	23	23	24	24	21	19	17	0	0	0
Total expenses
3,667	3,234	2,846	2,486	1,929	1,812	1,579	2,357	2,421	2,431	2,254	1,152	1,169	1,097	1,070	1,064	1,069	1,018	873	785	645	573	550	540	575	539	753	750	672	657	454	460	551	1,169	1,132	1,129	965	432	511	535	0	0	0
Income before taxes
623	967	797	736	534	262	438	-333	-371	-328	-288	621	582	630	681	602	512	496	583	579	652	686	795	931	814	841	562	563	695	766	837	659	545	-74	-58	108	297	792	0	0	0	-	-
Income Tax Expense (Benefit)
0	17	11	9	4	-6	43	23	22	26	-22	-4	-2	0	16	13	4	-45	-53	-49	-47	0	1	1	1	1	0	0	1	1	3	2	-0	-0	-3	-4	-3	-6	-2	0	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	839	561	563	693	765	833	657	545	-74	-55	112	300	798	971	1,071	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	11	21	26	-16	-28	-29	-47	-15	-1	20	49	62	0	0	0	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
622	950	785	726	529	268	395	-357	-394	-354	-265	625	584	630	664	588	507	542	636	628	699	686	794	919	805	841	573	584	720	748	804	627	498	-90	-56	132	350	861	1,018	1,097	0	0	0
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to redeemable noncontrolling interests (Note 10)
-	201	154	99	-	41	90	-119	-136	-132	-116	123	116	127	138	134	115	111	127	126	150	153	163	177	155	151	106	113	133	148	163	117	105	-33	-42	-9	20	116	137	149	0	0	0
Net (loss) income attributable to RenaissanceRe
392	748	631	627	447	227	304	-237	-258	-222	-149	502	467	502	525	454	391	431	509	502	549	532	630	742	650	690	466	470	587	600	641	509	392	-57	-14	142	329	744	880	947	0	0	0
Dividends, Preferred Stock
36	36	36	37	33	30	26	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	24	24	27	31	32	34	35	35	35	35	36	38	40	42	42	42	0	0	0
Net Income (Loss) Available to Common Stockholders, Basic
356	712	594	590	414	197	277	-259	-280	-244	-171	479	444	480	503	432	368	408	487	479	527	510	608	720	626	665	438	439	555	566	606	474	357	-92	-51	104	289	702	838	905	0	0	0
Income (loss) from continuing operations available (attributable) to RenaissanceRe common shareholders per common share basic, in dollars per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.14	4.32	0.55	4.10	0.69	3.67	2.62	4.59	1.66	0.98	0.68	-4.66	2.04	3.33	3.35	2.55	-	-
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share basic, in dollars per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.23	0.06	0.22	0.19	0.00	0.16	-0.66	-0.07	-0.02	-0.20	-0.03	0.21	0.40	0.34	0.20	-	-
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – basic
-1.89	0.77	0.83	8.36	6.43	-2.10	0.82	4.78	1.42	-0.09	-12.75	4.25	2.26	1.70	3.58	3.23	2.97	2.11	1.68	1.60	4.18	4.46	1.72	3.00	3.61	6.14	4.09	0.61	4.32	0.88	3.67	2.78	3.93	1.59	0.96	0.48	-4.69	2.25	3.73	3.69	2.75	4.15	4.35
Income from continuing operations available to RenaissanceRe common shareholders per common share diluted, in dollars per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.05	4.23	0.55	4.01	0.68	3.62	2.59	4.53	1.64	0.97	0.68	-4.66	2.02	3.31	3.32	2.54	-	-
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share diluted, in dollars per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.22	0.05	0.22	0.19	0.00	0.16	-0.65	-0.06	-0.02	-0.20	-0.03	0.21	0.39	0.34	0.19	-	-
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – diluted
-1.89	0.77	0.83	8.35	6.43	-2.10	0.82	4.78	1.42	-0.09	-12.75	4.24	2.25	1.69	3.56	3.22	2.95	2.09	1.66	1.59	4.14	4.42	1.70	2.95	3.56	6.05	4.01	0.60	4.23	0.87	3.62	2.75	3.88	1.58	0.95	0.48	-4.69	2.23	3.70	3.66	2.73	4.12	4.32
Dividends per common share (in dollars per share)
0.35	-	-	-	0.34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.24	0.24