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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows provided by operating activities  
Net (loss) income$ (206,301)$ 711,752
Adjustments to reconcile net (loss) income to net cash provided by operating activities  
Amortization, accretion and depreciation27,04040,026
Equity in undistributed losses of other ventures14,55214,956
Net realized and unrealized gains on fixed maturity investments(46,748)(217,715)
Net other-than-temporary impairments449829
Net unrealized gains included in net investment (loss) income(16,018)(21,005)
Net unrealized losses included in other (loss) income1,54218,856
Change in:  
Premiums receivable(373,083)(173,722)
Prepaid reinsurance premiums(103,904)(86,420)
Reinsurance recoverable(332,842)(6,678)
Deferred acquisition costs(35,577)(18,436)
Reserve for claims and claim expenses968,1624,333
Unearned premiums337,413244,022
Reinsurance balances payable(397)(17,057)
Other(39,802)2,700
Net cash provided by operating activities194,486496,441
Cash flows provided by (used in) investing activities  
Proceeds from sales and maturities of fixed maturity investments trading4,771,6285,418,604
Purchases of fixed maturity investments trading(4,353,649)(8,939,654)
Proceeds from sales and maturities of fixed maturity investments available for sale97,3023,666,224
Purchases of fixed maturity investments available for sale(4,092)(402,524)
Purchases of equity investments trading(47,996) 
Net (purchases) sales of short term investments(535,055)117,519
Net sales of other investments26,87886,049
Net (purchases) sales of investments in other ventures(21,000)13,835
Net sales of other assets58,5682,730
Net proceeds from sale of discontinued operations held for sale269,520 
Net cash provided by (used in) investing activities262,104(37,217)
Cash flows used in financing activities  
Dividends paid - RenaissanceRe common shares(40,099)(42,381)
Dividends paid - preference shares(26,250)(31,725)
RenaissanceRe common share repurchases(174,792)(411,335)
Third party DaVinciRe share transactions(59,357)(131,370)
Net repayment of debt(200,000) 
Issuance of 5.75% Senior Notes 249,046
Net cash used in financing activities(500,498)(367,765)
Effect of exchange rate changes on foreign currency cash1,228(400)
Net (decrease) increase in cash and cash equivalents(42,680)91,059
Net increase in cash and cash equivalents of discontinued operations (46,051)
Cash and cash equivalents, beginning of period277,738203,112
Cash and cash equivalents, end of period$ 235,058$ 248,120