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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Gross premiums written $ 705,260 $ 635,418
Net premiums written 450,347 436,813
Increase in unearned premiums (163,813) (165,558)
Net premiums earned 286,534 271,255
Net investment income 38,948 43,202
Net foreign exchange (losses) gains (1,061) 614
Equity in earnings of other ventures 4,199 5,835
Other income (loss) 62 (1,709)
Net realized and unrealized gains on investments 14,927 14,269
Total revenues 343,609 333,466
Expenses    
Net claims and claim expenses incurred 58,915 27,251
Acquisition expenses 33,700 25,009
Operational expenses 42,624 45,986
Corporate expenses 4,545 4,482
Interest expense 4,293 5,034
Total expenses 144,077 107,762
Income from continuing operations before taxes 199,532 225,704
Income tax expense (166) (122)
Income from continuing operations 199,366 225,582
Income from discontinued operations 0 9,774
Net income 199,366 235,356
Net income attributable to noncontrolling interests (42,768) (38,607)
Net income attributable to RenaissanceRe 156,598 196,749
Dividends on preference shares (5,595) (6,275)
Net income available to RenaissanceRe common shareholders $ 151,003 $ 190,474
Income from continuing operations available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 3.61 $ 4.10
Income from discontinued operations available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 0.00 $ 0.22
Net income available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 3.61 $ 4.32
Income from continuing operations available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 3.56 $ 4.01
Income from discontinued operations available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 0.00 $ 0.22
Net income available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 3.56 $ 4.23
Dividends per common share, in dollars per share $ 0.29 $ 0.28