ADDED
The number of Common Shares, par value US $1.00 per share, outstanding at February 6, 2026 was 43,488,908 .
For example, we may include certain forward-looking statements in Management s Discussion and Analysis of Financial Condition and Results of Operations with regard to trends in results, operations, underwriting performance, our segments or business units, reserves, market or economic conditions, investment results, margins, fees, risk management, and the consequences of our strategic decisions.
As a result of our three competitive advantages, superior risk selection, superior customer relationships and superior capital management, combined with our financial strength, we are able to offer significant capacity across both our Property and Casualty and Specialty segments.
It also includes our other property class of business, primarily comprised of proportional reinsurance, property per risk, property (re)insurance, delegated authority arrangements and regional U.S.
and Caribbean $ 3,162,323 26.9 % $ 2,996,981 25.5 % $ 2,303,013 26.0 % Worldwide 1,038,625 8.8 % 1,063,292 9.1 % 798,623 9.0 % Europe 233,440 2.0 % 244,523 2.1 % 163,500 1.9 % Worldwide (excluding U.S.) (1) 152,653 1.3 % 180,688 1.5 % 70,646 0.8 % Japan 103,383 0.9 % 106,533 0.9 % 85,823 1.0 % Australia and New Zealand 94,161 0.8 % 101,976 0.9 % 70,107 0.8 % Other 157,556 1.4 % 129,738 1.1 % 70,702 0.8 % Total Property segment 4,942,141 42.1 % 4,823,731 41.1 % 3,562,414 40.3 % Casualty and Specialty U.S.
Principal Wholly-Owned Operating Subsidiaries Our principal wholly-owned operating subsidiaries are Renaissance Reinsurance, RREAG, Renaissance Reinsurance U.S., RenaissanceRe Specialty U.S., Syndicate 1458 and Renaissance Reinsurance of Europe DAC.
For example, RREAG focuses on writing specialty risks across the European market and in other jurisdictions utilizing its branches and our reinsurance intermediaries.
We earn two types of fee income managing third-party capital: management fee income and performance fee income.
Management fees are fees that we receive for the day-to-day management and oversight of our joint venture vehicles, managed funds and certain structured reinsurance products.
Performance fees are based on the performance of the individual vehicles or products.
REMOVED
The number of Common Shares, par value US $1.00 per share, outstanding at February 7, 2025 was 49,251,139 .
For example, we may include certain forward-looking statements in Management s Discussion and Analysis of Financial Condition and Results of Operations with regard to trends in results, prices, volumes, operations, investment results, margins, combined ratios, fees, reserves, market conditions, risk management and exchange rates; the consequences of our strategic decisions; the performance of our underwriting portfolio, Capital Partners unit, and investment portfolio; and the impact of general economic conditions such as changes in inflation and interest rates on our results of operations.
4 The following table shows gross premiums written allocated to each of our segments.
It also includes our other property class of business, primarily comprised of proportional reinsurance, property per risk, property (re)insurance, binding facilities and regional U.S.
As a result of our financial strength and stable, long-term relationships with leading underwriters of casualty and specialty insurance globally, we offer significant capacity in this segment.
Our Other category primarily includes the results of: (1) our investment unit which manages and invests the funds generated by our consolidated operations; (2) our share of strategic investments in certain markets we believe offer attractive risk-adjusted returns or where we believe our investment adds value, and where, rather than assuming exclusive management responsibilities ourselves, we partner with other market participants; and (3) corporate expenses, certain expenses related to acquisitions and dispositions, capital servicing costs and noncontrolling interests.
and Caribbean $ 2,996,981 25.5 % $ 2,303,013 26.0 % $ 2,343,830 25.5 % Worldwide 1,063,292 9.1 % 798,623 9.0 % 1,053,369 11.4 % Europe 244,523 2.1 % 163,500 1.9 % 62,998 0.7 % Worldwide (excluding U.S.) (1) 180,688 1.5 % 70,646 0.8 % 37,436 0.4 % Japan 106,533 0.9 % 85,823 1.0 % 104,767 1.1 % Australia and New Zealand 101,976 0.9 % 70,107 0.8 % 86,080 0.9 % Other 129,738 1.1 % 70,702 0.8 % 45,761 0.5 % Total Property Segment 4,823,731 41.1 % 3,562,414 40.3 % 3,734,241 40.5 % Casualty and Specialty Segment Worldwide 3,217,662 27.3 % 2,280,687 25.7 % 2,328,030 25.3 % U.S.
Principal Wholly-Owned Operating Subsidiaries Our principal wholly-owned operating subsidiaries are Renaissance Reinsurance, RREAG, Renaissance Reinsurance U.S., RenaissanceRe Specialty U.S.
risk which can be supported on a quota share reinsurance or delegated authority basis through managing general agents, and RREAG focuses on writing specialty risks across the European market and in other jurisdictions utilizing its branches and our reinsurance intermediaries.
Over the course of 2024, we merged Validus Re and Validus Switzerland, the primary Validus operating entities we acquired in the Validus Acquisition, into our existing operating structure.