RNR

A month has gone by since the last earnings report for Mercury General (MCY). Shares have lost about 6.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Mercury General due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Mercury General Corporation before we dive into how investors and analysts have reacted as of late. MCY Q2 Earnings Beat on Better Underwriting and Premium GrowthMercury General Corporation reported second-quarter 2026 operating income of $3.52 per share, which surged 31.8% year over year and beat the Zacks Consensus Estimate of $1.80 by 95.6%. Revenues of $1.67 billion surpassed the consensus mark by 5.8%. The better-than-expected results reflected premium growth, improved underwriting profitability and higher investment income. The combined ratio improved 260 basis points year over year to 89.9%, despite an increase in catastrophe losses. Net premiums earned increased 9.6% year over year to $1.5 billion. Net premiums written rose 5.3% to $1.56 billion, while direct premiums written advanced 9.3% to $1.62 billion. The combined ratio, a key measure of underwriting profitability, improved to 89.9% from 92.5% in the prior-year quarter. The loss ratio declined 380 basis points to 65%, more than offsetting a 120-basis-point increase in the expense ratio to 24.9%. Mercury General benefited from approximately $35 million of favorable development on prior accident years’ loss and loss adjustment expense reserves. This compared with approximately $4 million of unfavorable development in the year-ago period. Catastrophe losses, net of reinsurance, totaled $75 million, up sharply from $13 million in the prior-year quarter. The increase reflected adverse reserve development related to the Palisades and Eaton wildfires, along with losses from storms in Texas and Oklahoma. For the first six months of 2026, catastrophe losses totaled $168 million compared with $460 million a year earlier. The majority of 2026 losses included about $80 million of adverse development tied to the California wildfires and roughly $72 million from storms in Texas and Oklahoma.The year-to-date combined ratio improved to 89.6% from 105.4%. On an accident-period basis, which excludes prior-period reserve development, the ratio improved to 91.1% from 107.2%. Net investment income before taxes increased 14% year over year to $89.8 million. After-tax investment income rose 16.1% to $76.6 million.The increase was largely driven by average invested assets, which climbed 20.8% to $6.89 billion. However, the average annual pre-tax investment yield declined to 4.5% from 4.7%, primarily due to a greater allocation to tax-exempt securities carrying lower pre-tax yields.Net realized investment gains before taxes increased to $86.5 million from $23.5 million. Including these gains, net income rose 58.3% to $263.5 million, or $4.76 per share, from $166.5 million, or $3.01 per share. Total expenses rose 6.6% year over year to $1.35 billion. Loss and loss adjustment expenses increased 3.5% to $973.3 million. Policy acquisition costs climbed 9.9% to $250.3 million, while other operating expenses increased 28% to $122.9 million. Interest expense rose 9.9% to $7.9 million.Despite the higher expense base, income before taxes increased 58.3% to $327.3 million. Operating income, which excludes net realized investment gains, advanced 31.9% to $195.2 million. Total company-wide policies in force increased 4.2% from the 2025-end level to 2.36 million. Personal automobile policies rose 2.5% to 1.07 million. Homeowners policies increased 6.2% to 938,000, while commercial automobile policies remained unchanged at 34,000. Policies across the company’s other insurance lines rose 4.6% to 318,000. The continued expansion in policies supported premium growth across Mercury General’s predominantly personal automobile and homeowners insurance portfolio. Mercury General ended June with total assets of $10.54 billion, up 10.3% from the 2025-end level. Cash increased 29.3% to $1.70 billion, while total investments rose 8.4% to $7.13 billion. Shareholders’ equity climbed 17.3% to $2.84 billion. Book value per share increased to $51.20 from $43.64, while statutory surplus rose to $2.77 billion from $2.39 billion. The reported debt-to-total-capital ratio increased to 25.1% from 19.2%. Following the July redemption of $375 million in senior notes, the June 30 ratio would have been 16.9%. The board also declared a quarterly dividend of 31.75 cents per share, to be paid out on Sept. 24, 2026, to shareholders of record as of Sept. 10. Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions. At this time, Mercury General has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Charting a somewhat similar path, the stock has a score of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Mercury General has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months. Mercury General is part of the Zacks Insurance - Property and Casualty industry. Over the past month, RenaissanceRe (RNR), a stock from the same industry, has gained 2.4%. The company reported its results for the quarter ended June 2026 more than a month ago. RenaissanceRe reported revenues of $2.64 billion in the last reported quarter, representing a year-over-year change of -6.8%. EPS of $12.92 for the same period compares with $12.29 a year ago. For the current quarter, RenaissanceRe is expected to post earnings of $6.38 per share, indicating a change of -59.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +6.2% over the last 30 days. RenaissanceRe has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mercury General Corporation (MCY) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at reinsurance stocks, starting with RenaissanceRe (NYSE:RNR). This is a cyclical industry, and the sector benefits when there is a 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. The primary headwind remains the immense and concentrated exposure to large-scale catastrophe losses, as the growing impact of climate change challenges traditional risk models and creates significant earnings volatility. Additionally, they face the risk of adverse prior-year reserve development, where claims prove more costly than anticipated, while the eventual influx of new capital from alternative sources threatens to soften the market and compress future returns. The 5 reinsurance stocks we track reported a mixed Q2. As a group, revenues beat analysts’ consensus estimates by 3.8%. While some reinsurance stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.9% since the latest earnings results. Born in Bermuda after the devastating Hurricane Andrew created a crisis in the catastrophe insurance market, RenaissanceRe (NYSE:RNR) provides property, casualty, and specialty reinsurance and insurance solutions to customers worldwide, primarily through intermediaries. RenaissanceRe reported revenues of $2.77 billion, down 13.7% year on year. This print exceeded analysts’ expectations by 3.7%. Overall, it was a very strong quarter for the company with a beat of analysts’ EPS estimates. RenaissanceRe delivered the slowest revenue growth in the group. Interestingly, the stock is up 2.5% since reporting and currently trades at $327.66. Is now the time to buy RenaissanceRe? Access our full analysis of the earnings results here, it’s free. Founded in 2013 and operating through three distinct underwriting platforms across four countries, Hamilton Insurance Group (NYSE:HG) operates global specialty insurance and reinsurance platforms across Lloyd's, Ireland, Bermuda, and the United States. Hamilton Insurance Group reported revenues of $839.6 million, up 13.3% year on year, outperforming analysts’ expectations by 19.9%. The business had an incredible quarter with a beat of analysts’ EPS estimates. Hamilton Insurance Group achieved the biggest analyst estimate beat among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 1.1% since reporting. It currently trades at $35.16. Is now the time to buy Hamilton Insurance Group? Access our full analysis of the earnings results here, it’s free. Founded in the aftermath of the 9/11 attacks when insurance capacity was scarce, AXIS Capital Holdings Limited (NYSE:AXS) is a global specialty insurer and reinsurer that provides coverage for complex risks across property, liability, professional lines, cyber, and other specialty markets. AXIS Capital reported revenues of $1.71 billion, up 7.3% year on year, falling short of analysts’ expectations by 3.6%. It was a disappointing quarter as it posted a significant miss of analysts’ net premiums earned estimates and a significant miss of analysts’ EPS estimates. AXIS Capital delivered the weakest performance against analyst estimates of the whole group. As expected, the stock is down 17.2% since the results and currently trades at $98.76. Read our full analysis of AXIS Capital’s results here. Rebranded from Everest Re in 2023 to reflect its evolution beyond just reinsurance, Everest Group (NYSE:EG) underwrites property and casualty reinsurance and insurance worldwide, serving insurance companies, corporations, and other clients across six continents. Everest Group reported revenues of $3.96 billion, down 11.8% year on year. This number missed analysts’ expectations by 1.8%. It was a softer quarter as it also logged a significant miss of analysts’ net premiums earned estimates and a miss of analysts’ book value per share estimates. The stock is down 4.9% since reporting and currently trades at $374.64. Read our full, actionable report on Everest Group here, it’s free. Founded in Bermuda in 2014 and designed to adapt nimbly to evolving market conditions, Pelagos Insurance (NYSE:PLGO) is a global specialty insurance and reinsurance company focused on creating value through strategic capital allocation, expert risk selection and a network of long-term underwriting partnerships. Pelagos Insurance reported revenues of $650 million, up 10.3% year on year. This result beat analysts’ expectations by 1.6%. However, it was a softer quarter as it produced a significant miss of analysts’ EPS estimates and a miss of analysts’ net premiums earned estimates. The stock is flat since reporting and currently trades at $24.40. Read our full, actionable report on Pelagos Insurance here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

RenaissanceRe Holdings Ltd. RNR is benefiting from the growing use of insurance-linked securities (ILS), which is creating opportunities to expand its fee-based income. This could help offset some pressure from moderating reinsurance pricing. ILS allows investors to provide capital for insurance risks, particularly catastrophe risks. As more alternative capital enters the market, insurers have greater access to reinsurance capacity. AM Best reported that 144A property-catastrophe bond issuance reached a record $17.3 billion in the first half of 2026. At mid-year renewals, reinsurance supply exceeded demand by more than 25%, contributing to a further decline in reinsurance pricing. While softer pricing can pressure reinsurance premium growth and margins, RNR can benefit from the same trend through its Capital Partners business. This enables the company to participate in the growing ILS market while generating management and performance fees from third-party capital. RNR's fee income increased to $177.2 million in the first half of 2026 from $125.4 million a year earlier, supported by higher performance fees. This growing fee-based income provides an additional earnings stream beyond traditional underwriting. The Capital Partners platform, therefore, provides earnings diversification as alternative capital expands. While rising ILS capacity can pressure traditional reinsurance pricing, RNR's ability to manage that capital and generate fee income from it provides an important offset. Overall, RNR's ability to manage third-party capital allows it to benefit from ILS growth, supporting fee-based income and earnings diversification. Everest Group Ltd. EG is expanding its third-party capital platform through Mt. Logan Capital Management. Its third-party capital reached approximately $3.4 billion as of July 1, 2026, up 89% from the beginning of 2025, helped by the launch of its $600 million Annapurna Re casualty sidecar. Everest expects the platform to provide additional capital flexibility, support growth and generate fee income. Arch Capital Group Ltd. ACGL has also been expanding its third-party capital business, which it has operated since 2006. Its ILS platform mainly invests in property-catastrophe reinsurance risks. This allows Arch to use outside investor capital to expand its reinsurance capacity without relying entirely on its own capital. Shares of RNR have gained 36.1% in the past year compared with the industry’s growth of 1.6%. Image Source: Zacks Investment Research RNR’s shares are trading at a discount compared with the industry. Its trailing 12-month price-to-book value of 1.24X is lower than the industry average of 1.43X Image Source: Zacks Investment Research The Zacks Consensus Estimate for RNR’s 2026 earnings per share (EPS) is pinned at $42.40, indicating a year-over-year decrease of 8.4%. The consensus estimate for revenues is pegged at $10.35 billion, implying a year-over-year decrease of 10.8%. The consensus estimate for 2027 EPS and revenues indicates a decrease of 4% and 1.4%, respectively, from the corresponding 2026 estimates. The Zacks Consensus Estimate for 2026 earnings has moved north 1.1%, while the metric for 2027 has moved south 0.2%, in the past 30 days. Image Source: Zacks Investment Research RNR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report Arch Capital Group Ltd. (ACGL) : Free Stock Analysis Report Everest Group, Ltd. (EG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

A month has gone by since the last earnings report for RenaissanceRe (RNR). Shares have added about 1.5% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is RenaissanceRe due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for RenaissanceRe Holdings Ltd. before we dive into how investors and analysts have reacted as of late. RNR Q2 Earnings Beat on Higher Investment Income and Lower Expenses RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%.  The bottom line also improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The top line missed the consensus mark by 1%. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income. Gross premiums written of $3 billion tumbled 12.5% year over year and missed our estimate of $3.3 billion. Net premiums earned declined 8.8% year over year to $2.2 billion. The metric missed the Zacks Consensus Estimate by 1.3% but was in line with our estimate. Net investment income of $432.5 million advanced 4.7% year over year in the quarter, driven by higher average invested assets and portfolio reallocation. The metric beat the Zacks Consensus Estimate of $430 million but missed our estimate of $436.1 million. Fee income of $83 million decreased 12.6% year over year. Total expenses were $1.7 billion, which dropped 11.5% year over year and came lower than our estimate of $1.9 billion. The year-over-year decrease can be attributed to a decline in net claims and claim expenses incurred, acquisition costs, operational and corporate expenses. RenaissanceRe's underwriting income declined 0.4% year over year to $599.1 million. The combined ratio improved to 72.8% from 75.1% in the year-ago quarter. Book value per common share was $264.77 as of June 30, 2026, up 24.8% year over year. Annualized operating return on average common equity declined to 20.1% from 24.2% in the year-ago quarter. The segment’s gross premiums written declined 10.4% year over year to $1.6 billion in the second quarter, lower than our estimate of $1.7 billion. Net premiums earned of $881.6 million increased 1.6% year over year. The reported figure missed the Zacks Consensus Estimate of $901.6 million and our estimate of $898.8 million. It generated an underwriting income of $642.7 million, which increased 2% year over year. The combined ratio improved to 27.1% from 27.4% in the prior-year quarter. The unit recorded gross premiums written of $1.4 billion in the quarter, which decreased 14.6% year over year and came lower than our estimate of $1.6 billion. The metric was hurt by reduced premiums derived from the general casualty and other specialty lines of business. Net premiums earned tumbled 14.7% year over year to $1.32 billion. The reported figure marginally missed the Zacks Consensus Estimate of $1.33 billion but beat our estimate of $1.30 billion. The segment incurred an underwriting loss of $43.6 million, wider than the prior-year quarter’s loss of $28.5 million. The combined ratio deteriorated to 103.3% from 101.8% in the year-ago quarter. RenaissanceRe exited the second quarter with cash and cash equivalents of $1.3 billion, which fell 24.8% from the 2025-end level. Total assets of $55.2 billion improved 2.6% from the 2025-end level. Debt amounted to $2.3 billion, inching up 0.1% from the figure as of Dec. 31, 2025. Total shareholders’ equity of $11.8 billion was up 1.8% from the 2025-end level. RenaissanceRe bought back common shares worth around $350 million in the second quarter. From July 1 through July 20, 2026, the company repurchased an additional $82.9 million of its shares. In the past month, investors have witnessed a upward trend in estimates review. The consensus estimate has shifted 25.74% due to these changes. At this time, RenaissanceRe has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. Following the exact same course, the stock has a grade of B on the value side, putting it in the second quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, RenaissanceRe has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Accelerant Holdings ARX is set to report its second-quarter 2026 results on Aug. 13, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 16 cents per share on revenues of $274.08 million. The second-quarter earnings estimate witnessed one upward revision and no downward movement over the past 60 days. The bottom-line projection indicates year-over-year growth of 14.3%. Also, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year increase of 25.1%. Image Source: Zacks Investment Research For 2026, the Zacks Consensus Estimate for Accelerant Holdings’ revenues is pegged at $1.09 billion, implying a rise of 18.9% year over year. However, the consensus mark for 2026 EPS is pegged at 73 cents, implying a 22.3% year-over-year decline. Accelerant Holdings beat earnings estimates in each of the past four quarters, with the average surprise being 32.6%. This is depicted in the figure below. Accelerant Holdings price-eps-surprise | Accelerant Holdings Quote However, our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s not the case here. ARX has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for second-quarter net earned premiums indicates 46.4% year-over-year growth. Also, the consensus mark for net investment income suggests a 104% surge from the year-ago period. These are likely to have supported top-line growth in the to-be-reported quarter. However, net revenue retention is expected to have declined to 116.7% in the second quarter, from 151% a year ago. The consensus estimate for adjusted EBITDA from Exchange Services indicates around a 26.8% increase from the year-ago quarter. But the same from the MGA Operations and Underwriting segments indicates 7.5% and 84.9% declines in the second quarter of 2026. The Zacks Consensus Estimate for total number of members in the second-quarter is pegged at 308 million, indicating an increase of 24.2% year over year, backed by growth in independent, mission and owned members. The company earlier stated that it expects Exchange Written Premium to be in the $1.27-$1.32 billion range in the second quarter. Moreover, Third-Party Direct Written Premium is likely to be within $580-$620 million. Several companies in the insurance space, including Marsh & McLennan Companies, Inc. MRSH, Skyward Specialty Insurance Group, Inc. SKWD and RenaissanceRe Holdings Ltd. RNR, have already reported their financial results for the June quarter of 2026. Here’s how they performed: Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits. Skyward Specialty delivered a solid second quarter of 2026, with operating earnings per share of $1.30, which increased 46.1% from the year-ago level and beat the consensus estimate by 13%. Strong premium growth and contributions from the Apollo segment aided its results, while underwriting remained profitable despite a slight increase in the combined ratio. RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accelerant Holdings (ARX) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report Skyward Specialty Insurance Group, Inc. (SKWD) : Free Stock Analysis Report Marsh (MRSH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. RenaissanceRe Holdings has quietly delivered a strong 108.0% total return over the past 5 years, yet its current valuation checks still suggest the stock leans on the cheap side rather than fully priced in. Over 5 years, a 108.0% return signals that long term shareholders in RenaissanceRe Holdings have already seen solid gains, so fresh buyers need to think carefully about what is still priced in. For a reinsurer like RenaissanceRe Holdings, investor expectations around underwriting discipline and how well the balance sheet can absorb large loss events may support the current share price but also cap how much investors are willing to pay if risk perceptions change. The broader checks lean cheap, with RenaissanceRe Holdings screening as undervalued on 5 of 6 metrics on its valuation score. The issue now is whether RenaissanceRe Holdings still offers enough undervaluation to justify taking on its underwriting and catastrophe risk at today’s price. RenaissanceRe Holdings delivered 34.7% returns over the last year. See how this stacks up to the rest of the Insurance industry. The P/E ratio is a useful way to look at RenaissanceRe Holdings because earnings quality and consistency are central to how investors tend to value insurers and reinsurers. RenaissanceRe Holdings currently trades on a P/E of about 5.2x. That sits well below the broader insurance industry average of roughly 11.5x and also below a peer group average of about 8.4x. The fair P/E ratio implied by the model is about 8.8x, which is higher than where the stock trades now. This indicates that the current earnings multiple is at a discount even once factors such as expected profitability, risk profile and size are taken into account. For investors comparing options within the insurance space, this gap between RenaissanceRe Holdings' 5.2x P/E and the 8.8x fair ratio shows that the market is placing a relatively low price on the company’s earnings. On the P/E multiple, RenaissanceRe Holdings stock appears undervalued relative to both its industry and the fair ratio implied by its fundamentals. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for RenaissanceRe Holdings are the link between the current valuation puzzle and the assumptions that would need to hold on growth, margins and earnings for the stock to be worth significantly more or less than today’s price. Each Narrative ties a fair value to a specific scenario for RenaissanceRe Holdings' potential catalysts and risks, so you can track over time which version of events appears to be unfolding on the Community page. RenaissanceRe Holdings splits opinion, with some investors focused on catastrophe reinsurance demand and others worried about heavier exposure to large loss events and softer pricing. Bull case: 7% undervalued Read the full Bull Case to see why RenaissanceRe Holdings could be undervalued Bear case: 7% overvalued Read the full Bear Case to see why RenaissanceRe Holdings could be overvalued Do you think there's more to the story for RenaissanceRe Holdings? Head over to our Community to see what others are saying! RenaissanceRe Holdings still screens as undervalued on market multiples, especially on its P/E, which points to investors applying a relatively low price to the company’s earnings compared with peers. The key question is whether that discount reflects lingering concern about catastrophe exposure and earnings volatility, or whether it leaves room for the valuation gap to close if underwriting outcomes hold up. For you as an investor, the crux is whether the current pricing compensates enough for the risk of large loss years that can quickly reshape sentiment on a reinsurer. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RNR. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

The Allstate Corporation ALL reported a second-quarter 2026 adjusted net income of $8.99 per share, which outpaced the Zacks Consensus Estimate by 56.1%. The bottom line surged 51.3% year over year. Operating revenues of $17.5 billion grew 4.5% year over year. However, the top line missed the consensus mark by 1.1%. Allstate's quarterly earnings benefited from improved underwriting performance, premium growth supported by higher pricing and policy growth, robust investment income, and lower catastrophe losses, partly offset by lower adjusted net income in the Protection Services segment. The Allstate Corporation price-consensus-eps-surprise-chart | The Allstate Corporation Quote Property and casualty insurance premiums improved 4.2% year over year to $15.7 billion. Net investment income of $1 billion advanced 33.8% year over year on the back of a growing market- and performance-based portfolio. The metric beat the Zacks Consensus Estimate of $870 million. Market-based investment income rose 14.2% year over year to $837 million and performance-based investment income jumped 202.5% year over year to $239 million. Total costs and expenses were $14.5 billion, which decreased 2.5% year over year and was lower than our estimate of $16.4 billion. The year-over-year decline was due to decreased property and casualty insurance claims and claims expenses, accident, health and other policy benefits and Pension and other postretirement remeasurement (gains) losses. Catastrophe losses of $1.4 billion dropped 12.8% year over year. Allstate’s pretax income increased 53.2% year over year to $4.1 billion. As of June 30, 2026, total policies in force were 216 million, up 3.8% year over year. The Property-Liability segment reported premiums earned of $14.9 billion in the second quarter, up 4.4% year over year, driven by higher average premiums in homeowners insurance and growth in policies in force. However, the metric missed both the Zacks Consensus Estimate and our estimate of $15.2 billion. Underwriting income in the segment surged 56.7% year over year to $2 billion. The underlying combined ratio improved 10 basis points to 79.4%. The Protection Services segment’s revenues advanced 7.8% year over year to $935 million, aided by Allstate Protection Plans and Roadside businesses. The metric lagged our estimate of $957 million. Adjusted net income of $53 million declined 7% year over year. Allstate exited the second quarter with a cash balance of $840 million, up from $678 million as of 2025-end. Total assets increased to $124.8 billion from $119.8 billion at the end of 2025. Debt remained unchanged at $7.5 billion from the 2025-end level. Total equity increased to $33.7 billion from $30.6 billion at the end of 2025. Book value per common share was $123.38 as of June 30, 2026, up 49.7% year over year. Backed by its $4.0 billion share repurchase authorization announced on Feb. 4, 2026, the company returned $1.3 billion to shareholders in the second quarter, comprising $1.0 billion in share repurchases and $280 million in dividends. The repurchase program remains in effect through Feb. 29, 2028. ALL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Here are some stocks from the broader Finance space that have also reported their quarterly results: RenaissanceRe Holdings Ltd. RNR, Cincinnati Financial Corporation CINF and The Hartford Insurance Group, Inc. HIG. Here's how they have performed: RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%.  The bottom line improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, RNR’s upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income. Cincinnati Financial reported second-quarter 2026 operating income of $1.43 per share, which missed the Zacks Consensus Estimate by 21.4%. The bottom line declined 27.4% from the year-ago quarter. Total operating revenues for the second quarter were $3 billion, reflecting a 6.8% year-over-year increase. The figure, however, missed the Zacks Consensus Estimate by 1.4%. CINF's quarterly results benefited from strong premium growth, improved pricing, and higher net investment income. However, weaker underwriting performance, driven by higher catastrophe losses, weighed on results. The Hartford Insurance Group delivered second-quarter 2026 earnings per share of $3.42, up 6% year over year and above the Zacks Consensus Estimate of $3.12 by 9.6%. Revenues amounted to $5.23 billion, which improved 6.8% year over year. HIG’s quarterly results benefited from higher investment income, premium growth in Business Insurance and improving Personal Insurance profitability. Strong new business expansion in Small Business and favorable pricing trends supported results. However, the upside was partly offset by an increased expense level, higher catastrophe losses and weaker Employee Benefits profitability. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Allstate Corporation (ALL) : Free Stock Analysis Report The Hartford Insurance Group, Inc. (HIG) : Free Stock Analysis Report Cincinnati Financial Corporation (CINF) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

MetLife, Inc. MET reported second-quarter 2026 adjusted operating earnings per share (EPS) of $2.43, which beat the Zacks Consensus Estimate by 5.6%. The bottom line advanced 20% year over year. Adjusted operating revenues improved 6.4% year over year to $19.1 billion. The top line missed the consensus mark by 1.4%. MetLife’s second-quarter earnings benefited from improved net investment income, favorable underwriting results and solid business volume growth across segments. Growth in adjusted PFOs and strong performances in Group Benefits, Asia and EMEA also supported results. However, higher expenses and a wider-than-expected loss in the Corporate & Other unit partially offset the upside. MetLife, Inc. price-consensus-eps-surprise-chart | MetLife, Inc. Quote Adjusted PFOs, excluding pension risk transfer (PRT), were $13 billion. The metric rose 5% year over year. Adjusted net investment income grew 7% year over year to $5.6 billion on the back of growth in assets and investments in a higher-rate environment. Total expenses of $18.1 billion escalated 10.8% year over year due to increased policyholder benefits and claims, and other expenses, net of capitalization of DAC. Adjusted expense ratio, excluding total notable items related to adjusted other expenses and PRT, deteriorated 100 basis points year over year to 20.8%. Net income of $705 million rose 1% year over year in the second quarter. Adjusted return on equity, excluding total notable items, improved 240 bps year over year to 17%. Group Benefits: The segment reported adjusted earnings of $503 million in the second quarter, reflecting a 25% year-over-year increase and beating the Zacks Consensus Estimate by 16.6%. The strong performance was driven by improved underwriting results and continued business volume growth. Adjusted PFOs rose 1% year over year to $6.5 billion. RIS: Adjusted earnings totaled $377 million, which rose 2% year over year but missed the consensus mark by 7.1%. Improved volumes growth and favorable recurring interest margins benefited the metric. Adjusted PFOs, excluding PRT, advanced 19% year over year to $1.3 billion. Asia: The unit recorded adjusted earnings of $420 million, which rose 21% year over year and beat the Zacks Consensus Estimate by 5.2%. The metric was supported by improved variable investment income, favorable equity markets and higher volume. Adjusted PFOs remained flat year over year to $1.7 billion in the quarter. Latin America: Adjusted earnings of $268 million increased 15% year over year on a reported basis and 4% year over year on a constant-currency basis. The metric topped the consensus estimate by 11.2%, driven by higher volume and favorable market factors. Adjusted PFOs were $1.9 billion, up 16% year over year on a reported basis and 6% on a constant-currency basis, driven by solid business growth and strong persistency across the region. EMEA: The segment recorded adjusted earnings of $108 million in the second quarter, which advanced 8% year over year and beat the Zacks Consensus Estimate by 15.3%. Strong volumes aided the metric. Adjusted PFOs rose 12% year over year to $806 million on the back of strong policy renewal across the region and solid sales momentum. MetLife Investment Management: The segment recorded adjusted earnings of $57 million, which advanced 6% year over year on the back of strong business growth and expense management. However, the metric missed the Zacks Consensus Estimate by 6.1%. Corporate & Other: The unit incurred an adjusted loss of $160 million, wider than the prior-year quarter’s loss of $142 million. It also came higher than the Zacks Consensus Estimate of adjusted loss of $150.5 million. MetLife exited the second quarter with cash and cash equivalents of $19.3 billion, down from $22 billion at the end of 2025. Total assets were $759.4 billion as of June 30, 2026, compared with $745.2 billion as of 2025-end. Long-term debt totaled $14.2 billion, lower than $14.5 billion at the end of 2025, while short-term debt amounted to $460 million. Total equity was $27.7 billion compared with $28.7 billion as of 2025-end. Book value per share increased 7.8% year over year to $38.59 as of June 30, 2026. MetLife bought back shares worth $700 million in the second quarter. It pursued additional repurchases of roughly $225 million in July 2026. Management paid common stock dividends of $400 million in the quarter under review. Management earlier expected a pre-tax variable investment income of around $1.6 billion for 2026. The expense ratio was earlier projected to be 12.1%. Corporate & Other adjusted losses were earlier projected to be between $500 million and $700 million. The effective tax rate was projected to be 24-26%. MetLife earlier expected adjusted PFOs in the Group Benefits business to rise in the range of 4-7% annually. Adjusted PFOs in the Latin America unit were earlier expected to witness high-single-digit growth on a constant-currency basis, while those in the EMEA unit were earlier guided to grow at a high-single-digit rate on a reported basis. MetLife still aims to achieve an adjusted return on equity in the range of 15-17%. The company also continues to expect to deliver double-digit adjusted EPS growth in the near term. MET currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Here are some stocks from the broader insurance space that have also reported their quarterly results: RenaissanceRe Holdings Ltd. RNR, Aon plc AON and The Hartford Insurance Group, Inc. HIG. Here's how they have performed: RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%.  The bottom line also improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, RNR’s upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income. Aon reported second-quarter 2026 adjusted earnings of $3.81 per share, which surpassed the Zacks Consensus Estimate by 1.1%. The bottom line advanced 9% year over year. Total revenues of $4.2 billion grew 2% year over year. AON’s quarterly results were supported by strong organic revenue growth, healthy client retention, operating margin expansion and disciplined execution. Solid performance across the Commercial Risk, Reinsurance and Health Solutions businesses was partly offset by weakness in Wealth Solutions. Hartford delivered second-quarter fiscal 2026 earnings per share of $3.42, up 6% year over year and above the Zacks Consensus Estimate of $3.12 by 9.6%. Revenues came in at $5.23 billion, which improved 6.8% year over year. HIG’s quarterly results benefited from higher investment income, premium growth in Business Insurance and improving Personal Insurance profitability. Strong new business expansion in Small Business and favorable pricing trends supported results. However, the upside was partly offset by an increased expense level, higher catastrophe losses and weaker Employee Benefits profitability. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MetLife, Inc. (MET) : Free Stock Analysis Report The Hartford Insurance Group, Inc. (HIG) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report Aon plc (AON) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Insurance provider American International Group, Inc. AIG is set to report its second-quarter 2026 results on Aug. 6, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $1.89 per shareon revenues of $7.27 billion. The second-quarter earnings estimate declined by 4 cents over the past 60 days. Yet, the bottom-line projection indicates year-over-year growth of 4.4%. Also, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year increase of 6.3%. Image Source: Zacks Investment Research For 2026, the Zacks Consensus Estimate for American International’s revenues is pegged at $29.09 billion, implying a rise of 5.9% year over year. Also, the consensus mark for 2026 EPS is pegged at $7.97, implying a 12.4% year-over-year growth. American International beat earnings estimates in each of the past four quarters, with the average surprise being 15.1%. This is depicted in the figure below. American International Group, Inc. price-eps-surprise | American International Group, Inc. Quote However, our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s not the case here. AIG has an Earnings ESP of -1.12% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for second-quarter General Insurance net premiums earned indicates 7.7% year-over-year growth. Also, North America and International units are expected to have witnessed year-over-year increases. The consensus estimate for adjusted pre-tax income from General Insurance indicates around a 0.6% increase from the year-ago quarter. But the same from the Other Operations indicates a higher level of loss in the second quarter of 2025 from the year-ago period. The Zacks Consensus Estimate for second-quarter combined ratio from the General Insurance segment is pegged at 90.1%, deteriorating from the year-ago level of 89.3%. Also, the combined ratio from its international commercial operations indicates a deterioration to 87.6% from 85.9% a year ago. The consensus mark for net investment income suggests a 32.1% decline from the year-ago period, likely due to changes in the fair value of its investments in Corebridge and equity securities. These are likely to have partially offset the positives in the second quarter, making an earnings beat uncertain. Several insurance companies, including Marsh & McLennan Companies, Inc. MRSH, Lincoln National Corporation LNC and RenaissanceRe Holdings Ltd. RNR, have already reported their financial results for the June quarter of 2026. Here’s how they performed: Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits. Lincoln National reported second-quarter 2026 adjusted earnings per share of $2.24, which surpassed the Zacks Consensus Estimate by 12%, but declined 5.1% year over year. The quarterly earnings were supported by higher net investment income and lower expenses. Improved profitability in the Life Insurance and Retirement Plan Services segments also contributed to the upside. Nevertheless, these gains were partly offset by lower sales in LNC’s Annuities and Group Protection segments. RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American International Group, Inc. (AIG) : Free Stock Analysis Report Lincoln National Corporation (LNC) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report Marsh (MRSH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Insurance provider The Allstate Corporation ALL is set to report its second-quarter 2026 results on Aug. 5, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $5.76 per share on revenues of $17.73 billion. The second-quarter earnings estimate witnessed seven upward revisions against no downward movement over the past 60 days. However, the bottom-line projection indicates a year-over-year decline of 3%. Nevertheless, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year increase of 5.7%. Image Source: Zacks Investment Research For 2026, the Zacks Consensus Estimate for Allstate’s revenues is pegged at $71.42 billion, implying a rise of 5.3% year over year. However, the consensus mark for 2026 EPS is pegged at $30.74, implying a year-over-year decrease of 11.7%. Allstate has a robust history of surpassing earnings estimates, beating the consensus estimate in each of the last four quarters, with the average surprise being 51.1%. This is depicted in the figure below. The Allstate Corporation price-eps-surprise | The Allstate Corporation Quote However, our proven model doesn’t conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That’s not the case here. ALL has an Earnings ESP of -0.15% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate and our model estimate for net premiums earned indicate nearly 7% year-over-year growth in the second quarter. Net investment income is expected to have received an impetus from a growing market-based portfolio. The Zacks Consensus Estimate for net investment income indicates 15.4% year-over-year growth from $754 million. These are likely to have supported its top-line growth. The Zacks Consensus Estimate for adjusted net income from the Protection Services business indicates a 1.7% year-over-year gain. However, rising expenses are expected to have partially offset the positives. Ourmodel estimate for total costs and expenses indicates a more than 10% year-over-year increase due to higher operating costs and claims expenses. The consensus mark for underwriting income from Property-Liability indicates a 22.7% year-over-year plunge. The combined ratio for Property-Liability is pegged at 93.9%, deteriorating from 91.1% a year ago. This means a lower portion of premiums remained with the company following claim payments. The consensus mark for underwriting income from the Auto brand is pegged at $897.1 million for the second quarter, compared with $1.33 billion a year ago. The combined ratio in this line of business is pegged at 91.9%, deteriorating from 86% in the year-ago quarter. Several insurance companies, including Marsh & McLennan Companies, Inc. MRSH, AMERISAFE, Inc. AMSF and RenaissanceRe Holdings Ltd. RNR, have already reported their financial results for the June quarter of 2026. Here’s how they performed: Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits. AMERISAFE reported second-quarter adjusted earnings per share of 44 cents, missing the Zacks Consensus Estimate by 17%. The bottom line also declined 17% year over year. The quarterly result was affected by higher expenses and weaker underwriting margins, with additional pressure from lower investment income. AMSF’s strong premium growth partly offset these headwinds. RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Allstate Corporation (ALL) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report AMERISAFE, Inc. (AMSF) : Free Stock Analysis Report Marsh (MRSH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

CNO Financial Group, Inc. CNO reported second-quarter 2026 adjusted earnings per share (EPS) of $1.26, which beat the Zacks Consensus Estimate by 27.3%. The bottom line rose from 87 cents a year ago. Operating revenues of $1.3 billion advanced 13% year over year. The top line surpassed the consensus mark by 32%. The strong quarterly results were supported by strong collected premiums from annuity, life and health products along with a notable rise in net investment income. Nevertheless, the upside was partly offset by a rise in total benefits and expenses as a result of higher insurance policy benefits. CNO Financial Group, Inc. price-consensus-eps-surprise-chart | CNO Financial Group, Inc. Quote Total insurance policy income rose 4.5% year over year to $680.7 million, higher than the Zacks Consensus Estimate of $660 million. The metric was aided by improved collected premiums from annuity, life and health products. Net investment income was $597 million, which improved from the year-ago period of $483.7 million. General account assets grew 8.9% year over year to $411.9 million. Policyholder and other special-purpose portfolios totaled $185.1 million compared with the prior-year quarter’s $105.4 million. Fee revenues and other income declined 36.4% year over year to $22.2 million. Annuity collected premiums of $536 million rose 3% year over year, while health collected premiums increased 5.5% to $432 million. Collected premiums from life products totaled $249.3 million, which rose 1.5% year over year. The total collected premiums advanced 3.6% year over year to $1.2 billion. New annualized premiums for health products rose 18.2% year over year, while the same for life products declined 3.8%. Annuity, Health and Life products accounted for 21.7%, 52.8% and 25.5%, respectively, of CNO's insurance margin. Total benefits and expenses rose 8.9% year over year to $1.1 billion due to higher insurance policy benefits. CNO Financial exited the second quarter with unrestricted cash and cash equivalents of $1.3 billion, which rose 68.4% from the 2025-end level. Total assets of $39.9 billion rose 6.8% from the figure at 2025-end. The debt-to-capital was 34% at the second-quarter end, which deteriorated 40 basis points (bps) from the 2025-end figure. Total shareholders’ equity declined 1.8% from the 2025-end level to $2.6 billion. Book value per common share was $27.96, which increased 0.1% from the figure at 2025-end. Operating return on equity, excluding significant items, improved 190 bps year over year to 13.1% at the second-quarter end. CNO Financial rewarded its shareholders with $60 million in the form of share buybacks and $16.8 million in dividends during the second quarter. As of June 30, 2026, the company had a leftover repurchase capacity of $300.4 million. CNO Financial raised its full-year 2026 guidance, indicating confidence in the current operating trajectory. The company now expects operating EPS to be in the range of $4.60-$4.80, up from the previously guided range of $4.25-$4.45. The mid-point of which now indicates a 6.8% increase from the 2025 reported figure of $4.40. For 2026, management still anticipates excess cash flow of $200-$250 million to the holding company. The company now projects the expense ratio to be in the band of 18.8-19% for 2026. It estimates the effective tax rate to be around 21.5%. Management still aims to achieve leverage within the band of 25-28%. CNO currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Here are some stocks from the broader finance space that have also reported their quarterly results: RenaissanceRe Holdings Ltd. RNR, Aon plc AON and The Hartford Insurance Group, Inc. HIG. Here's how they have performed: RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%.  The bottom line also improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, RNR’s upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income. Aon reported second-quarter 2026 adjusted earnings of $3.81 per share, which surpassed the Zacks Consensus Estimate by 1.1%. The bottom line advanced 9% year over year. Total revenues of $4.2 billion grew 2% year over year. AON’s quarterly results were supported by strong organic revenue growth, healthy client retention, operating margin expansion and disciplined execution. Solid performance across the Commercial Risk, Reinsurance and Health Solutions businesses was partly offset by weakness in Wealth Solutions. Hartford delivered second-quarter fiscal 2026 earnings per share of $3.42, up 6% year over year and above the Zacks Consensus Estimate of $3.12 by 9.6%. Revenues came in at $5.23 billion, which improved 6.8% year over year. HIG’s quarterly results benefited from higher investment income, premium growth in Business Insurance and improving Personal Insurance profitability. Strong new business expansion in Small Business and favorable pricing trends supported results. However, the upside was partly offset by an increased expense level, higher catastrophe losses and weaker Employee Benefits profitability. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CNO Financial Group, Inc. (CNO) : Free Stock Analysis Report The Hartford Insurance Group, Inc. (HIG) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report Aon plc (AON) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Virtu Financial, Inc. VIRT reported second-quarter adjusted earnings per share (EPS) of $1.82, which beat the Zacks Consensus Estimate by 8.3%. The bottom line increased 19% year over year. Adjusted Net Trading Income rose 26.4% year over year to $717.9 million, surpassing the consensus estimate by 8.4%. The strong quarterly results were driven by higher commissions and technology services revenues, increased interest and dividend income, and solid Market Making performance. However, higher operating expenses partially offset these gains. Virtu Financial, Inc. price-consensus-eps-surprise-chart | Virtu Financial, Inc. Quote Revenues from commissions, net and technology services rose 16.7% year over year to $179.5 million. The metric beat the Zacks Consensus Estimate and our model estimate of $177.9 million. Interest and dividend income increased 13.6% year over year to $145.9 million, beating both the Zacks Consensus Estimate and our estimate of $134.5 million. Adjusted EBITDA increased 18.2% year over year to $436.8 million. Adjusted EBITDA margin decreased year over year to 60.8% from 65.1% a year ago. Total operating expenses rose 29.9% year over year to $847.4 million, exceeding our estimate of $633.7 million. The increase was due to higher costs related to brokerage, exchange, clearance fees and payments for order flow, net, communication and data processing, interest and dividends expense and employee compensation and payroll taxes. Market Making: Adjusted net trading income totaled $579.9 million in the second quarter, climbing 28.4% year over year. The metric surpassed the Zacks Consensus Estimate of $517 million. The unit’s revenues increased 28.3% year over year to $1 billion, beating both the Zacks Consensus Estimate and our estimate of $708.2 million. Execution Services: The unit recorded adjusted net trading income of $138 million in the quarter under review, representing an increase of 18.7% year over year. The metric missed the Zacks Consensus Estimate of $145 million and our estimate of $139.8 million. The unit’s total revenues declined 19.1% year over year to $173.5 million, missing both the consensus estimate and our estimate of $177.2 million. Virtu Financial ended the second quarter with cash and cash equivalents of $1.1 billion, up 0.7% from the 2025-end level. Total assets of $27.5 billion increased 36.4% from the 2025-end level. Long-term borrowings, net, amounted to $2 billion, down 0.7% from the figure as of Dec. 31, 2025. Short-term borrowings totaled $353.9 million. Total equity of $2.3 billion was up from the 2025-end level of $2 billion. Virtu Financial did not buy back shares in the second quarter of 2026. It announced a quarterly cash dividend of 24 cents per share, payable on Sept. 15, 2026, to its shareholders of record as of Sept. 1, 2026. Virtu Financial currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Several companies in the Finance space, including Aon plc AON, RenaissanceRe Holdings Ltd. RNR and AMERISAFE, Inc. AMSF, have already reported their financial results for the June quarter of 2026. Here’s how they have performed: Aon reported second-quarter 2026 adjusted earnings of $3.81 per share, which surpassed the Zacks Consensus Estimate by 1.1%. The bottom line advanced 9% year over year. Aon’s total revenues of $4.2 billion grew 2% year over year.  The top line missed the consensus mark by 0.4%. Organic revenue growth was 5%. The quarterly results were supported by strong organic revenue growth, healthy client retention, operating margin expansion and disciplined execution. Solid performance across the Commercial Risk, Reinsurance and Health Solutions businesses was partly offset by weakness in Wealth Solutions. RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%.  The bottom line also improved 5.1% year over year.  RNR’s total operating revenues declined 6.7% year over year to $2.64 billion. The top line missed the consensus mark by 1%. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income. AMERISAFE reported second-quarter adjusted earnings per share of 44 cents, which missed the Zacks Consensus Estimate by 17%. The bottom line declined 17% year over year.  Operating revenues increased 10.3% year over year to $83.95 million and topped the Zacks Consensus Estimate by 1%. AMERISAFE’s quarterly results were affected by higher expenses and weaker underwriting margins, with additional pressure from lower investment income. Strong premium growth partly offset these headwinds. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report RenaissanceRe Holdings Ltd. (RNR) : Free Stock Analysis Report AMERISAFE, Inc. (AMSF) : Free Stock Analysis Report Aon plc (AON) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research