RenaissanceRe Holdings Ltd. (NYSE:RNR) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET

Company Participants

Kevin O’Donnell – President & Chief Executive Officer

Robert Qutub – Executive Vice President & Chief Financial Officer

Keith McCue – Senior Vice President, Finance & Investor Relations

Conference Call Participants

Elyse Greenspan – Wells Fargo

Yaron Kinar – Jefferies

Meyer Shields – Keefe, Bruyette & Woods, Inc.

Joshua Shanker – Bank of America

Ryan Tunis – Autonomous Research

Brian Meredith – UBS

Operator

Good day and thank you for standing by. Welcome to the RenaissanceRe's Q1 Earnings Results Conference Call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question-and-answer session [Operator Instructions]. I would now like to hand the conference over to Keith McCue, SVP Finance Investor Relations. Thank you. Please go ahead.

Keith McCue

Good morning. Thank you for joining our first-quarter financial results conference call. Yesterday after the market closed, we issued our quarterly release. If you didn't receive a copy, please call me at 4441-239-4830 and we will make sure to provide you with one. There will be an audio replay of the call available from about 2:00 PM Eastern time today through midnight on June 4th. The replay can be accessed by dialing 855-859-2056 U.S. toll free or 1-404-537-3406 internationally. The passcode you will need for both numbers is 7549718.

Today's call is also available through the Investor Information section of www.renre.com and will be archived on RenaissanceRe's website through midnight on June 4th, 2022. Before we begin, I am obliged to caution that today's discussion may contain forward-looking statements and actual results may differ materially from those discussed. Additional information regarding the factors shaping these outcomes can be found in RenaissanceRe's SEC filings to which we direct you. With us to discuss today's results are Kevin O'Donnell, President and Chief Executive Officer, and Robert Qutub, Executive Vice President and Chief Financial Officer. I'd now like to turn the call over to Kevin. Kevin?

Kevin O’Donnell

Thanks, Keith. Good morning, everyone. And thank you for joining today's call. Last night, we reported solid top-line growth at an annualized operating return on average common equity of 11%. This is a good start to the year and the second-quarter in a row, of reporting double-digit operating ROE during active CAT quarters. As I've discussed with you, over the last ten years, we have made key strategic decisions to build the capabilities and scale that we think are needed to generate superior returns in an evolving marketplace.