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PEMBROKE, Bermuda - RenaissanceRe Holdings Ltd. (NYSE:RNR) announced Wednesday a quarterly dividend of $0.40 per common share, payable on September 30, 2025, to shareholders of record on September 15, 2025. According to InvestingPro data, the company has maintained dividend payments for 31 consecutive years, with 30 years of consecutive increases.
The global reinsurance provider also renewed its share repurchase program with a total authorization of up to $750 million, which includes remaining amounts from previous authorizations. The buyback program will remain in effect until the company has repurchased the full authorized amount, unless terminated earlier by the Board of Directors.
According to the company’s statement, RenaissanceRe may conduct the share repurchases through open market purchases and privately negotiated transactions. Decisions regarding share repurchases will be influenced by factors including the market price of common shares and the company’s capital requirements.
RenaissanceRe, established in 1993, specializes in matching risk with capital in the reinsurance and insurance markets. The Bermuda-based company provides property, casualty, and specialty reinsurance along with certain insurance solutions primarily through intermediaries. The firm maintains offices across multiple countries including Bermuda, Australia, Canada, Ireland, Singapore, Switzerland, the United Kingdom, and the United States.
The dividend announcement and share repurchase authorization were disclosed in a company press release.
In other recent news, RenaissanceRe Holdings Ltd. reported second-quarter earnings that significantly exceeded analyst expectations. The company posted adjusted earnings of $12.29 per share, surpassing the analyst consensus of $9.78. Revenue for the quarter reached $3.21 billion, exceeding the $2.96 billion estimate. This strong performance was driven by robust underwriting results and investment gains. RenaissanceRe achieved a notable 24.2% annualized operating return on average common equity. Additionally, the company reported a combined ratio of 75.1%, indicating strong profitability in its underwriting operations. These developments highlight RenaissanceRe’s solid financial standing in the recent quarter.
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