Renaissance Insurance Group is a Russian insurer offering motor, property, health and life insurance, plus pension and investment products through its life company.
Sector: Financial Services
RU_RENI
Shares: connector/market_inputs
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | GWPM USD | Net profitM USD | AssetsM USD | EquityM USD | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 372.5 y/y 16.8% | -9.2 y/y -125.3% | 4484.2 y/y 19.2% | 693.4 y/y 0.4% | — | Report (PDF) |
| 2026-03-31 | Q1 2026 (3M) | OK | 907.4 y/y 105.1% | -8.9 y/y -135.6% | — y/y — | — y/y — | — | Report (PDF) |
| 2025-12-31 | Q4 2025 (3M) | OK | 665.0 y/y 27.0% | 54.1 y/y 73.9% | 4131.2 y/y 44.9% | 719.6 y/y 44.7% | 19.6% | Report (PDF) |
| 2025-09-30 | Q3 2025 (3M) | OK | 1557.9 y/y — | 46.4 y/y — | 3740.9 y/y — | 622.7 y/y — | 15.9% | Report (PDF) |
| 2025-06-30 | Q2 2025 (3M) | OK | 318.9 y/y -28.2% | 36.5 y/y 22.4% | 3762.0 y/y 35.5% | 690.7 y/y 30.7% | — | Report (PDF) |
| 2025-03-31 | Q1 2025 (3M) | OK | 442.4 y/y 20.4% | 24.9 y/y 16.2% | — y/y — | — y/y — | — | Report (PDF) |
| 2024-12-31 | Q4 2024 (3M) | OK | 523.6 y/y 27.4% | 31.1 y/y 27.2% | 2851.1 y/y 14.2% | 497.2 y/y 2.8% | — | Report (PDF) |
| 2024-09-30 | Q3 2024 (3M) | OK | 501.3 y/y 46.5% | 34.3 y/y 42.4% | — y/y — | — y/y — | — | Report (PDF) |
| 2024-06-30 | Q2 2024 (3M) | OK | 444.0 y/y — | 29.8 y/y — | 2776.2 y/y — | 528.5 y/y — | — | Report (PDF) |
| 2024-03-31 | Q1 2024 (3M) | OK | 367.5 y/y 11.7% | 21.4 y/y -55.7% | — y/y — | — y/y — | — | Report (PDF) |
| 2023-12-31 | Q4 2023 (3M) | OK | 411.0 y/y — | 24.4 y/y — | 2496.8 y/y — | 483.6 y/y — | — | Report (PDF) |
| 2023-09-30 | Q3 2023 (3M) | OK | 342.2 y/y — | 24.1 y/y — | — y/y — | — y/y — | — | Report (PDF) |
| 2023-06-30 | Q2 2023 (3M) | OK | 356.7 y/y — | 43.2 y/y — | 2346.0 y/y — | 529.5 y/y — | — | Report (PDF) |
| 2023-03-31 | Q1 2023 (3M) | OK | 329.0 y/y — | 48.4 y/y — | — y/y — | — y/y — | — | Report (PDF) |
Conversion to USD. Balance sheet: rate effective on 2026-06-30, fixing date 2026-06-30. Flows: sampled average at each calculation period's bounds and monthly 15ths. Latest source row: 2026-04-01 — 2026-06-30. Source: Bank of Russia R01235. Rates
Our earnings breakdowns and investment notes on this issuer.
RUB bn; GWP = gross written premiums (IFRS)
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Gross written premiums (GWP) | 123.4 | 169.8 | 205.0 |
| GWP YoY | +17.3% | +37.6% | +20.7% |
| Net profit | 10.3 | 11.1 | 11.0 |
| Investment result | — | 9.8 | 13.0 |
| Investment portfolio | 182.0 | 234.7 | 286.4 |
| Total assets | 223.9 | 289.9 | 323.2 |
| Total equity | 43.4 | 50.6 | 56.3 |
| ROE | 23.8% | 23.7% | 20.7% |
Renaissance Insurance Group IFRS press releases; Non-life combined ratio ~100%+; underwriting near break-even, earnings carried by investment income
Current 0.72x · 3-year median 1.17x
Current 3.4x · 3-year median 5.6x
P/B is market cap ÷ equity of the latest reported quarter, P/E is ÷ profit of the last four quarters. EV/EBITDA is not computed for financials: EBITDA is not a meaningful line for them and their net debt is operating liquidity, not leverage.
Group: Financial Services. Every peer trades on the same market, so no adjustment is needed.
| Company | Market | Cap, $bn | P/E |
|---|---|---|---|
| MTS Bank | Russia | 0.4 | 1.9x |
| Mosgorlombard | Russia | 0.0 | 2.1x |
| Bank VTB | Russia | 15.4 | 2.8x |
| Sovcombank | Russia | 2.8 | 2.8x |
| Sberbank | Russia | 80.7 | 3.5x |
| DOM.RF | Russia | 4.6 | 3.5x |
| Zaymer | Russia | 0.2 | 3.7x |
| Bank Sankt-Peterburg | Russia | 1.4 | 3.8x |
| TBank | Russia | 8.9 | 3.9x |
| CarMoney | Russia | 0.0 | 4.6x |
| Europlan | Russia | 1.0 | 10.6x |
| Credit Bank of Moscow | Russia | 4.1 | 14.8x |
| Group median | 3.6x | ||
| Group average | 4.8x | ||
| This company | Russia | 0.5 | 3.6x |
Group median 3.6x; this company 3.6x — a 0% discount.
Group average 4.8x; against the average this company is at a 26% discount. The average sits 34% above the median: Credit Bank of Moscow (14.8x) skews the group.
At the adjusted group median the market cap would be +0% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 28.2x, Russia 5.8x, South Africa 11.2x, Kazakhstan 9.1x, India 26.9x, Indonesia 7.5x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-23; the company's own is live.
Dividend replaced by a buyback
The board cancelled the cash dividend in favour of a share buyback; the dividend-model upside is not shown.
| 1 · Forecast dividend (per policy) | |
| Smoothed net profit (median YTD-ann./LTM/FY) | 4 bn RUB |
| Payout ratio | 49% |
| Recent actual dividend (3-yr median) | 4.10 ₽ |
| = Forecast dividend per share | 4.10 ₽ |
| 2 · Fair yield (spread to key rate) | |
| CBR key rate | 14.0% |
| Historical yield spread to rate (3-yr median) | -8.1 pp |
| = Fair dividend yield (bank floor ≈ rate−3.5) | 10.5% |
| 3 · Valuation → upside | |
| Current price | 69.50 ₽ |
| Forecast dividend yield | 5.9% |
| Fair price (dividend-based) | 41.10 ₽ |
Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.
Paid, trailing 12-mo: 4.10 RUB/sh · 5.9%
| Pay year | Dividend /sh | |
|---|---|---|
| 2025 | 10.50 ₽ | |
| 2024 | 5.90 ₽ | |
| 2023 | 7.70 ₽ |
| Period | Last day to buy | /sh |
|---|---|---|
| 2025 q4 | 2025-12-18 | 4.10 ₽ |
| 2025 q3 | 2025-07-14 | 6.40 ₽ |
| 2024 q4 | 2024-12-19 | 3.60 ₽ |
| 2024 q3 | 2024-07-04 | 2.30 ₽ |
| 2023 q4 | 2023-10-09 | 7.70 ₽ |
No dividend rows found for this issuer.
Substantive mentions last 7 days: 1 (1 negative), last 30 days: 1 (1 negative) across tracked channels, broker research and shows. 4 passing mentions (digests, calendars) hidden.
Sources: Telegram channels (bloggers — blue chip, broker research — green), YouTube shows via transcripts (orange). Tone (▲/▼) is an automatic assessment in the stock's context. Quotes are fragmentary; authors' views are not our recommendations.
| 29.06.26 | AGM / Board | ★ ▼ Решения общих собраний участников (акционеров) На годовом собрании акционеров ПАО 'Группа Ренессанс Страхование', состоявшемся 26 июня 2026 года, было принято решение не объявлять и не выплачивать дивиденды по итогам 2025 года, а также утвердить годовой отчет и финансовую отчетность за 2025 год. Кворум для принятия решений по всем вопросам повестки дня был соблюден. |
| 22.10.26 | Material event | События (действия), оказывающие, по мнению эмитента, существенное влияние на стоимость или котировки его ценных бумаг ПАО «Группа Ренессанс Страхование» анонсировало масштабную ИИ-трансформацию, которая, по прогнозам, принесет чистый финансовый эффект около 1 млрд руб. до конца 2027 года. Обыкновенные акции компании имеют регистрационный номер 1-01-10601-Z. |
| 20.10.26 | Buyback | Приобретение подконтрольной эмитенту организацией голосующих акций (долей) эмитента или депозитарных расписок на акции эмитента Подконтрольная организации эмитента, Акционерное общество 'РенПрайм', приобрело 812 тыс. голосующих акций (0,2%) обыкновенных акций компании 'Группа Ренессанс Страхование'. После приобретения, доля эмитента и его подконтрольной организации составила 7,6 млн. акций (1,4%). Сделка была оформлена по Договору №VC-DC-211108/01 от 08.11.2021. |
| 15.06.26 | AGM / Board | Решения совета директоров (наблюдательного совета) Совет директоров ПАО 'Группа Ренессанс Страхование' единогласно продлил полномочия Правления на 3 года до 02.07.2029. На заседании также был избран новый член Правления, который будет назначен после получения согласия от Банка России. Доля участия новых членов Правления в уставном капитале варьируется от 0,02% до 0,3%. |
Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B), profitability and dividend yield of Renessans (RENI) — from primary filings.
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