BofA Maintains Buy Rating on RenaissanceRe Holdings (RNR)

On April 13, 2026, BofA lowered its terms people connected RenaissanceRe Holdings Ltd. (NYSE:RNR) to $426 from $473 portion maintaining a Buy rating, reflecting adjustments to adjacent multiples and developments from the anterior 4th crossed its U.S. security coverage.

Meanwhile, Mizuho expert Yaron Kinar raised his terms people connected RenaissanceRe Holdings Ltd. (NYSE:RNR) to $318 from $313 and kept a Neutral standing arsenic portion of broader estimation revisions crossed North American insurers. The steadfast said it remains astir constructive connected brokers, expects moderation successful pricing unit for spot and casualty insurers, and views the outlook for beingness insurers arsenic much challenging.

Earlier successful the month, Cantor Fitzgerald expert Ryan Tunis upgraded RenaissanceRe to Overweight from Neutral and raised the terms people to $340 from $306 up of Q1 results. The steadfast said its reappraisal of year-end reserves suggests the institution could proceed generating “idiosyncratic” publication worth maturation from reserve releases, which whitethorn assistance offset broader cyclical pressures.

RenaissanceRe Holdings Ltd. (NYSE:RNR) provides reinsurance and security solutions crossed property, casualty, and specialty lines globally.

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