RenaissanceRe Holdings Ltd (RRJ) - Net Assets
Based on the latest financial reports, RenaissanceRe Holdings Ltd (RRJ) has net assets worth €18.97 Billion EUR (≈ $22.18 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€54.50 Billion ≈ $63.71 Billion USD) and total liabilities (€35.53 Billion ≈ $41.53 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RRJ asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €18.97 Billion |
| % of Total Assets | 34.81% |
| Annual Growth Rate | 13.38% |
| 5-Year Change | 132.16% |
| 10-Year Change | 203.76% |
| Growth Volatility | 23.3 |
RenaissanceRe Holdings Ltd - Net Assets Trend (2014–2024)
This chart illustrates how RenaissanceRe Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RenaissanceRe Holdings Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for RenaissanceRe Holdings Ltd (2014–2024)
The table below shows the annual net assets of RenaissanceRe Holdings Ltd from 2014 to 2024. For live valuation and market cap data, see RRJ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €17.55 Billion ≈ $20.52 Billion |
+12.83% |
| 2023-12-31 | €15.56 Billion ≈ $18.19 Billion |
+57.76% |
| 2022-12-31 | €9.86 Billion ≈ $11.53 Billion |
+48.86% |
| 2021-12-31 | €6.62 Billion ≈ $7.74 Billion |
-12.38% |
| 2020-12-31 | €7.56 Billion ≈ $8.84 Billion |
+26.61% |
| 2019-12-31 | €5.97 Billion ≈ $6.98 Billion |
+18.36% |
| 2018-12-31 | €5.05 Billion ≈ $5.90 Billion |
+14.89% |
| 2017-12-31 | €4.39 Billion ≈ $5.13 Billion |
-9.76% |
| 2016-12-31 | €4.87 Billion ≈ $5.69 Billion |
-15.78% |
| 2015-12-31 | €5.78 Billion ≈ $6.76 Billion |
+15.62% |
| 2014-12-31 | €5.00 Billion ≈ $5.84 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to RenaissanceRe Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 141.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.28 Billion | 78.27% |
| Other Components | €2.30 Billion | 21.73% |
| Total Equity | €10.57 Billion | 100.00% |
RenaissanceRe Holdings Ltd Competitors by Market Cap
The table below lists competitors of RenaissanceRe Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Mobile Co Ltd
TW:3045
|
$10.62 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB3
|
$10.63 Billion |
|
Zhejiang China Commodities City Group Co Ltd
SHG:600415
|
$10.63 Billion |
|
Suzano S.A.
SA:SUZB3
|
$10.63 Billion |
|
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia
SHE:002128
|
$10.61 Billion |
|
Allison Transmission Holdings Inc
NYSE:ALSN
|
$10.60 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
$10.58 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
$10.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RenaissanceRe Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,454,958,000 to 10,574,012,000, a change of 1,119,054,000 (11.8%).
- Net income of 1,870,360,000 contributed positively to equity growth.
- Dividend payments of 116,224,000 reduced retained earnings.
- Share repurchases of 666,921,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.87 Billion | +17.69% |
| Dividends Paid | €116.22 Million | -1.1% |
| Share Repurchases | €666.92 Million | -6.31% |
| Other Changes | €31.84 Million | +0.3% |
| Total Change | €- | 11.84% |
Book Value vs Market Value Analysis
This analysis compares RenaissanceRe Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.33x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €109.72 | €255.80 | x |
| 2018-12-31 | €119.53 | €255.80 | x |
| 2019-12-31 | €135.26 | €255.80 | x |
| 2020-12-31 | €148.79 | €255.80 | x |
| 2021-12-31 | €143.94 | €255.80 | x |
| 2022-12-31 | €121.81 | €255.80 | x |
| 2023-12-31 | €179.43 | €255.80 | x |
| 2024-12-31 | €210.72 | €255.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RenaissanceRe Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.06%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 4.80x
- Recent ROE (17.69%) is above the historical average (7.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.37% | 42.49% | 0.15x | 2.37x | €186.15 Million |
| 2015 | 9.95% | 28.40% | 0.13x | 2.67x | €-2.03 Million |
| 2016 | 10.34% | 29.13% | 0.14x | 2.54x | €16.30 Million |
| 2017 | -5.06% | -10.61% | 0.14x | 3.47x | €-661.53 Million |
| 2018 | 4.51% | 11.06% | 0.11x | 3.70x | €-277.14 Million |
| 2019 | 12.54% | 17.92% | 0.16x | 4.41x | €151.66 Million |
| 2020 | 10.08% | 14.79% | 0.17x | 4.08x | €6.38 Million |
| 2021 | -0.61% | -0.76% | 0.16x | 5.13x | €-702.58 Million |
| 2022 | -19.93% | -21.02% | 0.14x | 6.86x | €-1.59 Billion |
| 2023 | 27.09% | 28.17% | 0.19x | 5.18x | €1.62 Billion |
| 2024 | 17.69% | 16.06% | 0.23x | 4.80x | €812.96 Million |
Industry Comparison
This section compares RenaissanceRe Holdings Ltd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $27,416,280,200
- Average return on equity (ROE) among peers: -14.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RenaissanceRe Holdings Ltd (RRJ) | €18.97 Billion | 15.37% | 1.87x | $10.62 Billion |
| Maiden Holdings Ltd (4OWA) | $554.92 Million | -98.15% | 8.53x | $99.64 Million |
| China Reinsurance (Group) Corporation (C53) | $102.90 Billion | 5.55% | 3.41x | $980.80 Million |
| COMSTOCK HLDG-A (CHO) | $1.10 Billion | 10.60% | 1.11x | $744.97 Million |
| Hannover Rück SE (HNR1) | $12.76 Billion | 9.65% | 5.50x | $30.89 Billion |
| Münchener Rück AG (MUV2) | $19.77 Billion | -2.20% | 9.57x | $70.09 Billion |
About RenaissanceRe Holdings Ltd
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, i… Read more