RenaissanceRe reports Q4 operating EPS $8.06, consensus $7.00

Kevin J. O’Donnell, President and Chief Executive Officer, said, “We delivered another strong year. Our primary metric — growth in tangible book value per share plus change in accumulated dividends – was 26%. At the same time, we fulfilled our purpose while demonstrating our relevance to our customers, rapidly paying claims against a backdrop of elevated catastrophic events punctuated by two large hurricanes. At the January 1 renewal, our long-term partnership approach was rewarded with preferential signings across our business, and we retained our attractive underwriting book. Looking forward, we believe our strong capital and liquidity positions will allow us to capture additional opportunities, bolstering our leadership position and generating superior shareholder value.”