Barclays upgraded RenaissanceRe Holdings Ltd. (RNR) stock to “Equal Weight” with a price target of $256, citing cautious optimism on property and casualty carriers but more positive outlook on reinsurers with potential tailwinds and capital returns.

Fitch Ratings considers RenaissanceRe Holdings Ltd. (RNR) a leader in property/casualty and specialty reinsurance markets, with a ‘Moderate’ business profile globally, offering consistent market capacity and effective underwriting of catastrophe risks.

In Q1 2025, RenaissanceRe Holdings Ltd. (RNR) saw a 12.7% increase in gross premiums written in the property segment, driven by a 24.3% rise in the catastrophe class. However, this growth was partially offset by a decrease in other property class premiums.

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Read more at Yahoo Finance: Barclays Upgrades RenaissanceRe Holdings (RNR) Stock to Equal Weight, Lifts PT