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NYSE:RNR

157.07
0.70 (0.45%) 1d
0
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COMMENT

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.

insurance
BUY
Reported good numbers.Good sector.
insurance
TOP PICK
A good market that has grown steadily. Earnings per share are up 120%. 8 X earnings.
insurance
TOP PICK
Well focused. Great management.
insurance
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RenaissanceRe Holdings(RNR-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for RenaissanceRe Holdings is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

RenaissanceRe Holdings(RNR-N) Frequently Asked Questions

What is RenaissanceRe Holdings stock symbol?

RenaissanceRe Holdings is a American stock, trading under the symbol RNR-N on the New York Stock Exchange (RNR). It is usually referred to as NYSE:RNR or RNR-N

Is RenaissanceRe Holdings a buy or a sell?

In the last year, there was no coverage of RenaissanceRe Holdings published on Stockchase.

Is RenaissanceRe Holdings a good investment or a top pick?

RenaissanceRe Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for RenaissanceRe Holdings.

Why is RenaissanceRe Holdings stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is RenaissanceRe Holdings worth watching?

In the last year 0 stock analysts on Stockchase covered RenaissanceRe Holdings. The stock is worth watching.

What is RenaissanceRe Holdings stock price?

On 2022-07-01, RenaissanceRe Holdings (RNR-N) stock closed at a price of $157.07.