designer491 Introduction RenaissanceRe Holdings Ltd. (NYSE:RNR) is a large reinsurance company that is currently ranked 5th in the world based on gross written premiums after completing its acquisition of Validus from American International Group (AIG). The company pays a pretty low dividend, which means that the majority of its earnings is retained on the balance sheet, translating in an increasing book value per share. In the previous article, I was focusing on RenaissanceRe's preferred equity, and with a ...