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$RNR Does RenaissanceRe's $879.8M bond markdown matter more than its $512.6M quarterly operating profit?
🏢 RenaissanceRe, a Bermuda reinsurer worth about $14.18B at $341.29 a share at 16:00 ET on October 27, 2026, posted a Q3 2026 net loss of $161.4M, or $(4.02) a share, against $907.7M net income in Q3 2025, while operating income, excluding investment gains and losses, was $512.6M
🏦 Unrealized bond losses still held at September 30 equal $16.02 of book value per share, while the portfolio's yield to maturity rose to 5.8% from 4.8% at December 31, 2025 and net investment income held at $440.9M
📅 Next: The conference call is on Wednesday, October 28, 2026, at 11:00 a.m. ET, where loss estimates for the 2026 events and the buyback pace are the things to watch
Source: SEC 8-K and Q3 release, Oct 27
