By Katherine Hamilton
RenaissanceRe raised its dividend and share buyback program.
The insurance and reinsurance provider raised its quarterly dividend by 2.5% to 41 cents a share.
The new payout, equal to $1.64 per year, represents an annual yield of 0.54% based on Wednesday's closing price of $304.81.
The Pembroke, Bermuda-based company also authorized a share repurchase program of up to $750 million, including the remaining amounts under prior authorizations.
The program will expire when RenaissanceRe has repurchased the full value of shares authorized.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 11, 2026 18:08 ET (23:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.