RenaissanceRe Holdings Ltd. has announced that its Board of Directors declared a quarterly dividend of $0.40 per common share. The dividend will be paid on September 30, 2025, to shareholders who are on record as of September 15, 2025.
The company’s board also approved the renewal of its share repurchase program, increasing the total authorization to $750 million. This amount includes remaining funds from previous authorizations. The program allows RenaissanceRe to buy back shares through open market purchases and privately negotiated transactions. The decision to repurchase shares will consider factors such as the current market price and the company’s capital needs.
"The program will expire when the Company has repurchased the full value of the shares authorized, unless terminated earlier by the Board of Directors," according to RenaissanceRe.
RenaissanceRe is a global provider specializing in reinsurance and insurance solutions, primarily offering property, casualty, and specialty reinsurance services through intermediaries. Founded in 1993, it operates in several countries including Bermuda, Australia, Canada, Ireland, Singapore, Switzerland, the United Kingdom, and the United States.
The company noted that any forward-looking statements made in this announcement reflect its current views regarding future events and financial performance but are subject to various risks and uncertainties. "Any forward-looking statements made in this Press Release, including any statements regarding any future results of operations and financial positions, business strategy, plan and any objectives for future operations, reflect RenaissanceRe’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous factors that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements, including the factors affecting future results disclosed in RenaissanceRe’s filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q."