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NYSE:RNR
Has this had an over correction and is a time to get in? A reinsurance company is effectively an insurer of insurance companies. An insurance company will take a portion of risk and then will sell 50% of your insurance policy to other insurance companies. The reinsurance business in the last few years has suffered from excess capacity, too much capital in the system. The good thing for reinsurance companies are higher interest rates, and a bunch of catastrophic insurance hits. What ended up happening in the last few years is that there hasn’t really been any major catastrophes and people kept putting money in because they thought there weren’t a lot of risks. We are clearly going to see some issues from hurricane Harvey and Irma. If they take a bite out of the reinsurance market, then we will have an opportunity to exit the market as well as looking for higher returns. Because of this, it is an interesting category to look at. He would prefer others.
RenaissanceRe Holdings is a American stock, trading under the symbol RNR (previously RNR-N on Stockchase) on the New York Stock Exchange (RNR). It is usually referred to as NYSE:RNR or RNR
In the last year, no analyst issued a Buy, Sell, or Hold rating on RNR (previously RNR-N on Stockchase) on Stockchase. Read the latest expert commentary for RenaissanceRe Holdings.
RenaissanceRe Holdings was recommended as a Top Pick by Neil Murdock on 2002-02-21. Read the latest stock experts ratings for RenaissanceRe Holdings.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for RenaissanceRe Holdings.
RenaissanceRe Holdings is followed by 17 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-12, RenaissanceRe Holdings (RNR) stock closed at a price of $298.15.
Our PAST TOP PICK with RNR has triggered its stop at $253. To remain disciplined, we recommend covering the position at this time. When combined with our previous guidance, this will result in a net investment gain of 17%.