How do you interpret reportable legal entities — reinsurance recoverables?

An increase often follows major loss events, indicating high reliance on reinsurance protection, while a decrease suggests lower loss activity or settlement of claims.

How does reportable legal entities — reinsurance recoverables compare across companies?

Standard asset metric for insurance and reinsurance companies.

RenaissanceRe Holdings RNR Reportable Legal Entities — Reinsurance Recoverables

Discontinued — last reported Q2 '18

Similar metrics at other companies

ACGLReportable Legal Entities — Reinsurance Recoverables

$8.44B+32.1%

ALLInvestments — Reinsurance Recoverables

$1.31B-5.5%

WRBReinsurance — Reinsurance Recoverables On Paid And Unpaid Losses

$166.28M+23.3%

GLOther — Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments

$49.46M—

CNAOperating Segments — Reinsurance Recoverables Gross

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CRBGIndividual Retirement — Reinsurance recoverable balance

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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:ReinsuranceRecoverables.

The official record: RenaissanceRe Holdings’s 10-Q, filed July 25, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — reinsurance recoverables mean?: Money expected to be collected from reinsurers for claims.
How do you interpret reportable legal entities — reinsurance recoverables?: An increase often follows major loss events, indicating high reliance on reinsurance protection, while a decrease suggests lower loss activity or settlement of claims.
How does reportable legal entities — reinsurance recoverables compare across companies?: Standard asset metric for insurance and reinsurance companies.