v2.3.0.15
Segment Reporting (Schedule Of Significant Components Of The Company's Revenues And Expenses) (Details) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Gross premiums written$ 139,938,000$ 111,543,000$ 1,392,006,000$ 1,134,094,000
Net premiums written103,010,00082,307,000983,580,000818,800,000
Net premiums earned229,224,000212,355,000751,940,000675,179,000
Net claims and claim expenses incurred77,830,00077,936,000857,628,000156,473,000
Acquisition expenses26,057,00026,143,00072,275,00076,158,000
Operational expenses42,169,00036,970,000126,298,000120,160,000
Underwriting income (loss)83,168,00071,306,000(304,261,000)322,388,000
Net investment (loss) income(27,940,000)59,570,00065,669,000151,452,000
Net foreign exchange losses(2,650,000)(529,000)(6,511,000)(12,480,000)
Equity in earnings (losses) of other ventures4,794,000(6,740,000)(13,831,000)(1,424,000)
Other income (loss)(2,015,000)25,021,00042,963,00015,088,000
Net realized and unrealized gains on investments16,983,00092,342,00046,748,000210,593,000
Net other-than-temporary impairments(449,000) (449,000)(829,000)
Corporate expenses(3,582,000)(5,590,000)(9,657,000)(15,392,000)
Interest expense(5,722,000)(6,164,000)(17,647,000)(15,526,000)
Income from continuing operations before taxes62,587,000229,216,000(196,976,000)653,870,000
Income tax benefit1,435,0002,399,0003,260,0006,320,000
Loss from discontinued operations(965,000)21,234,000(12,585,000)51,562,000
Net (income) loss attributable to noncontrolling interests(5,044,000)(37,524,000)58,545,000(99,989,000)
Dividends on preference shares(8,750,000)(10,575,000)(26,250,000)(31,725,000)
Net (loss) income (attributable) available to RenaissanceRe common shareholders49,263,000204,750,000(174,006,000)580,038,000
Net claims and claim expenses incurred - current accident year86,430,000114,862,000955,059,000385,907,000
Net claims and claim expenses incurred - prior accident years(8,600,000)(36,926,000)(97,431,000)(229,434,000)
Net claims and claim expenses incurred - total77,830,00077,936,000857,628,000156,473,000
Net claims and claim expense ratio - current accident year37.70%54.10%127.00%57.20%
Net claims and claim expense ratio - prior accident years(3.70%)(17.40%)(12.90%)(34.00%)
Net claims and claim expense ratio - calendar year34.00%36.70%114.10%23.20%
Underwriting expense ratio29.70%29.70%26.40%29.10%
Combined ratio63.70%66.40%140.50%52.30%
Reinsurance [Member]
    
Gross premiums written122,811,000110,577,0001,303,897,0001,105,679,000
Net premiums written86,745,00086,309,000906,167,000793,967,000
Net premiums earned208,074,000205,057,000696,964,000646,349,000
Net claims and claim expenses incurred58,565,00072,480,000797,188,000141,095,000
Acquisition expenses21,964,00022,464,00062,187,00063,064,000
Operational expenses32,462,00029,637,00097,726,00093,523,000
Underwriting income (loss)95,083,00080,476,000(260,137,000)348,667,000
Net claims and claim expenses incurred - current accident year72,358,000106,344,000902,118,000361,403,000
Net claims and claim expenses incurred - prior accident years(13,793,000)(33,864,000)(104,930,000)(220,308,000)
Net claims and claim expenses incurred - total58,565,00072,480,000797,188,000141,095,000
Net claims and claim expense ratio - current accident year34.80%51.90%129.40%55.90%
Net claims and claim expense ratio - prior accident years(6.70%)(16.60%)(15.00%)(34.10%)
Net claims and claim expense ratio - calendar year28.10%35.30%114.40%21.80%
Underwriting expense ratio26.20%25.50%22.90%24.30%
Combined ratio54.30%60.80%137.30%46.10%
Insurance [Member]
    
Gross premiums written 591,000313,0001,276,000
Net premiums written140,000(10,143,000)467,000(27,289,000)
Net premiums earned353,000(6,681,000)1,272,000(8,750,000)
Net claims and claim expenses incurred5,124,000(2,231,000)7,157,000(2,648,000)
Acquisition expenses80,000328,000309,0005,412,000
Operational expenses147,0001,087,0001,405,0009,304,000
Underwriting income (loss)(4,998,000)(5,865,000)(7,599,000)(20,818,000)
Net claims and claim expenses incurred - current accident year(17,000)816,000(86,000)6,302,000
Net claims and claim expenses incurred - prior accident years5,141,000(3,047,000)7,243,000(8,950,000)
Net claims and claim expenses incurred - total5,124,000(2,231,000)7,157,000(2,648,000)
Net claims and claim expense ratio - current accident year(4.80%)(12.20%)(6.80%)(72.00%)
Net claims and claim expense ratio - prior accident years1456.40%45.60%569.50%102.30%
Net claims and claim expense ratio - calendar year1451.60%33.40%562.70%30.30%
Underwriting expense ratio64.30%(21.20%)134.70%(168.20%)
Combined ratio1515.90%12.20%697.40%(137.90%)
Lloyd's [Member]
    
Gross premiums written17,127,0008,762,00087,873,00057,627,000
Net premiums written16,125,0006,141,00076,946,00052,122,000
Net premiums earned20,797,00013,979,00053,704,00037,580,000
Net claims and claim expenses incurred14,141,0007,687,00053,283,00018,026,000
Acquisition expenses4,013,0003,351,0009,779,0007,682,000
Operational expenses9,560,0006,246,00027,167,00017,333,000
Underwriting income (loss)(6,917,000)(3,305,000)(36,525,000)(5,461,000)
Net claims and claim expenses incurred - current accident year14,089,0007,702,00053,027,00018,202,000
Net claims and claim expenses incurred - prior accident years52,000(15,000)256,000(176,000)
Net claims and claim expenses incurred - total14,141,0007,687,00053,283,00018,026,000
Net claims and claim expense ratio - current accident year67.70%55.10%98.70%48.40%
Net claims and claim expense ratio - prior accident years0.30%(0.10%)0.50%(0.40%)
Net claims and claim expense ratio - calendar year68.00%55.00%99.20%48.00%
Underwriting expense ratio65.30%68.60%68.80%66.50%
Combined ratio133.30%123.60%168.00%114.50%
Eliminations [Member]
    
Gross premiums written (8,387,000)[1](77,000)[2](30,488,000)[3]
All Other Segments [Member]
    
Net investment (loss) income(27,940,000)59,570,00065,669,000151,452,000
Net foreign exchange losses(2,650,000)(529,000)(6,511,000)(12,480,000)
Equity in earnings (losses) of other ventures4,794,000(6,740,000)(13,831,000)(1,424,000)
Other income (loss)(2,015,000)25,021,00042,963,00015,088,000
Net realized and unrealized gains on investments16,983,00092,342,00046,748,000210,593,000
Net other-than-temporary impairments(449,000) (449,000)(829,000)
Corporate expenses(3,582,000)(5,590,000)(9,657,000)(15,392,000)
Interest expense(5,722,000)(6,164,000)(17,647,000)(15,526,000)
Income tax benefit1,435,0002,399,0003,260,0006,320,000
Loss from discontinued operations(965,000)21,234,000(12,585,000)51,562,000
Net (income) loss attributable to noncontrolling interests(5,044,000)(37,524,000)58,545,000(99,989,000)
Dividends on preference shares(8,750,000)(10,575,000)(26,250,000)(31,725,000)
Insurance Segment To Reinsurance Segment [Member]
    
Gross premiums ceded from segment to segment 9,800,000 10,100,000
Reinsurance Segment To Lloyd's Segment [Member]
    
Gross premiums ceded from segment to segment  100,000200,000
Insurance Segment To Lloyds Segment [Member]
    
Gross premiums ceded from segment to segment $ (1,500,000) $ 20,100,000
[1]Represents $(1.5) million and $9.8 million of gross premiums ceded from the Insurance segment to the Lloyd's segment and from the Insurance segment to the Reinsurance segment, respectively.
[2]Represents $0.1 million of gross premiums ceded from the Reinsurance segment to the Lloyd's segment.
[3]Represents $20.1 million, $10.1 million and $0.2 million of gross premiums ceded from the Insurance segment to the Lloyd's segment, from the Insurance segment to the Reinsurance segment and from the Reinsurance segment to Lloyd's segment, respectively.