RenaissanceRe Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,732	1,870	2,561	-1,061	-40.16	762.41
Depreciation & Amortization	9.29	258.46	-134.75	-26.95	-20.99	16.65
Gain (Loss) on Sale of Assets	-	-	-	-	-	30.24
Gain (Loss) on Sale of Investments	26.37	-29.44	-482.79	1,635	205.9	-820.64
Change in Accounts Receivable	96.42	-9.55	-126.85	-1,358	-886.91	-293.58
Reinsurance Recoverable	653.54	862.9	663.91	-442.26	-1,343	-138.36
Change in Unearned Revenue	-54.53	-185.72	-227	1,028	767.61	232.95
Change in Insurance Reserves / Liabilities	1,492	816.62	-34.66	2,598	2,913	1,156
Change in Other Net Operating Assets	-256.2	-335.26	-355.9	-425.86	-468.36	122.51
Other Operating Activities	718.73	1,090	1,059	-98.61	-63.29	230.65
Operating Cash Flow	3,989	4,165	1,912	1,604	1,235	1,993
Operating Cash Flow Growth	2.33%	117.87%	19.20%	29.87%	-38.03%	-6.76%
Cash Acquisitions	-	-	-2,434	-	-	-
Investment in Securities	-2,581	-3,061	-1,389	-3,016	-816.3	-2,441
Other Investing Activities	-	-	-	-	-	136.74
Investing Cash Flow	-2,581	-3,061	-3,823	-3,016	-816.3	-2,305
Short-Term Debt Issued	-	75	75	-	30	-
Long-Term Debt Issued	-	-	740.58	-	-	-
Total Debt Issued	864.9	75	815.58	-	30	-
Total Debt Repaid	-575	-150	-30	-	-	-250
Net Debt Issued (Repaid)	289.9	-75	785.58	-	30	-250
Issuance of Common Stock	-	-	1,352	-	-	1,096
Repurchases of Common Stock	-1,415	-690.5	-20.52	-177.58	-1,040	-74.95
Issuance of Preferred Stock	-	-	-	-	500	-
Repurchases of Preferred Stock	-	-	-	-	-275	-125
Common Dividends Paid	-77.22	-80.85	-75.11	-64.68	-67.83	-68.49
Preferred Dividends Paid	-35.38	-35.38	-35.38	-35.4	-32.89	-30.92
Total Dividends Paid	-112.6	-116.22	-110.49	-100.07	-100.72	-99.41
Other Financing Activities	-26.58	-405.79	582.46	1,003	582.93	119.07
Financing Cash Flow	-1,264	-1,288	2,589	725.34	-302.46	665.21
Foreign Exchange Rate Adjustments	-15.5	-17.37	5.54	22.47	6.15	4.49
Net Cash Flow	128.66	-200.91	683.18	-664.68	122.21	357.75
Cash Interest Paid	88.05	88.05	73.54	46.25	21.17	48.81
Cash Income Tax Paid	99.54	99.54	26.78	3.13	-4.26	5.67
Levered Free Cash Flow	2,216	-15,424	-1,309	-19.82	1,868	-547.7
Unlevered Free Cash Flow	2,287	-15,365	-1,263	10.39	1,897	-516.16
Change in Working Capital	1,518	966.24	-1,083	1,145	1,140	1,772

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.