What does reportable legal entities — unearned premiums mean?

The amount of premiums collected for insurance coverage that has not yet been provided.

How do you interpret reportable legal entities — unearned premiums?

An increase suggests growth in written business, while a decrease may indicate shrinking premiums or a shift in policy duration.

How does reportable legal entities — unearned premiums compare across companies?

Standard across all insurance and reinsurance firms as 'Unearned Premium Reserve' or 'Deferred Premium Revenue'.

RenaissanceRe Holdings RNR Reportable Legal Entities — Unearned Premiums

Discontinued — last reported Q2 '18

Similar metrics at other companies

ACGLReportable Legal Entities — Unearned Premiums

$4.64B-6.0%

ACGLReportable Legal Entities — Prepaid Reinsurance Premiums

$1.82B-17.9%

MKLOther — Unearned Premiums

$0—

EGReinsurance — Unearned Premium Reserves

$4.75B+2.7%

CRBGCorporate & Other — Unearned Premiums

——

CRBGIndividual Retirement — Unearned Premiums

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Other financials

Income statement

See full

Revenue$2.2B-36.8%

Net income$293.4M+72.6%

EPS (diluted)$6.57+101%

Balance sheet

See full

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

See full

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:UnearnedPremiums.

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 — unearned premiums mean?: The amount of premiums collected for insurance coverage that has not yet been provided.
How do you interpret reportable legal entities — unearned premiums?: An increase suggests growth in written business, while a decrease may indicate shrinking premiums or a shift in policy duration.
How does reportable legal entities — unearned premiums compare across companies?: Standard across all insurance and reinsurance firms as 'Unearned Premium Reserve' or 'Deferred Premium Revenue'.