How RenaissanceRe Holdings makes money

Period

FY2025

How does RenaissanceRe Holdings make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

RenaissanceRe Holdings Ltd. · FY2025 · year ended 2025-12-31

Revenue$12.8BGross profit$12.8B · 100%Cost of revenue$0 · 0%Operating income$12.8B · 99%Operating expenses$82M · 1%SG&A$82M · 1%Pre-tax income$3.1B · 24%Other expense$9.7B · 75%Net income$2.7B · 21%Income tax$396M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.