Renaissancere Re

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across all headline metrics, with EPS of $15.48 exceeding the $12.71 mean expectation by 21.70%. Total revenue of $2,768.6M outperformed expectations by 8.39%, driven by robust net investment income and favorable mark-to-market gains. The core underwriting business remained healthy with a combined ratio of 72.8%, benefiting from $199.4M in favorable prior-year development, despite the strategic shift of Baltimore Bridge loss estimates into the Casualty segment.