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RenaissanceRe Holdings RNR Lloyds — Underwriting Expense Ratio

Discontinued — last reported Q4 '15

Similar metrics at other companies

Arch Capital Group logo
ACGLOperating Segments — Loss Ratio
51.7%-1.4pp
Arch Capital Group logo
ACGLReinsurance — Loss ratio
51.7%-15.2pp
Arch Capital Group logo
ACGLUnderwriting Segments — Loss ratio
12.6%
Arch Capital Group logo
ACGLInsurance — Loss ratio
60.2%-5.8pp
Arch Capital Group logo
ACGLOther — Loss ratio
0%
Arch Capital Group logo
ACGLReinsurance — Combined Ratio Percentage
75.9%-15.9pp

Other financials

Income statement

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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

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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

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Net margin24.2%+9.5pp

Returns & leverage

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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:UnderwritingExpenseRatio.

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

Questions, answered.

What does lloyds — underwriting expense ratio mean?
The percentage of earned premiums consumed by the costs of acquiring and managing insurance policies.
How do you interpret lloyds — underwriting expense ratio?
A lower ratio is favorable, indicating higher operational efficiency and better cost control in the underwriting process.
How does lloyds — underwriting expense ratio compare across companies?
Comparable to the expense ratio reported by other specialty insurers, with benchmarks varying based on the specific mix of business lines.