What does catastrophe reinsurance — loss ratio mean?

The percentage of premiums paid out as claims.

How do you interpret catastrophe reinsurance — loss ratio?

A lower ratio indicates better risk selection and more profitable underwriting.

How does catastrophe reinsurance — loss ratio compare across companies?

A fundamental industry metric used by all insurers to compare underwriting quality.

RenaissanceRe Holdings RNR Catastrophe Reinsurance — Loss Ratio

Discontinued — last reported Q4 '15

Similar metrics at other companies

ACGLReinsurance — Loss ratio

51.7%-15.2pp

ACGLInsurance — Loss ratio

60.2%-5.8pp

ACGLOther — Loss ratio

0%—

ACGLOperating Segments — Loss Ratio

51.7%-1.4pp

ACGLUnderwriting Segments — Loss ratio

12.6%—

ACGLReinsurance — Combined Ratio Percentage

75.9%-15.9pp

Other financials

Income statement

See full

Revenue$2.2B-36.8%

Net income$293.4M+72.6%

EPS (diluted)$6.57+101%

Balance sheet

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Cash & equivalents$1.6B-4.3%

Total debt$2.3B-15.4%

Total equity$11.5B+11.3%

Total assets$53.7B+0.2%

Cash flow

See full

Operating cash flow$687.6M+336%

Valuation

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Market cap$12.75B+9.1%

Enterprise value$13.52B+5.5%

P/E4.6×-1.8×

P/S1.1×+0.2×

Profitability

See full

Net margin24.2%+9.5pp

Returns & leverage

See full

Return on equity25.7%+7.2pp

Debt / equity0.2×-0.1×

Where this comes from

Reported directly by RenaissanceRe Holdings in its filing.

Tagged under the XBRL concept us-gaap:LossRatio.

The official record: RenaissanceRe Holdings’s 10-K, filed February 19, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does catastrophe reinsurance — loss ratio mean?: The percentage of premiums paid out as claims.
How do you interpret catastrophe reinsurance — loss ratio?: A lower ratio indicates better risk selection and more profitable underwriting.
How does catastrophe reinsurance — loss ratio compare across companies?: A fundamental industry metric used by all insurers to compare underwriting quality.