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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
(thousands of shares)
2014
 
2013
 
2014
 
2013
 
 
Numerator:
 
 
 
 
 
 
 
 
 
Net income available to RenaissanceRe common shareholders
$
120,752

 
$
26,806

 
$
271,755

 
$
217,280

 
 
Amount allocated to participating common shareholders (1)
(1,557
)
 
(376
)
 
(3,577
)
 
(3,174
)
 
 
Net income allocated to RenaissanceRe common shareholders
$
119,195

 
$
26,430

 
$
268,178

 
$
214,106

 
 
Denominator:
 
 
 
 
 
 
 
 
 
Denominator for basic income per RenaissanceRe common share - weighted average common shares
39,736

 
43,372

 
40,487

 
43,453

 
 
Per common share equivalents of employee stock options and restricted shares
659

 
871

 
662

 
850

 
 
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
40,395

 
44,243

 
41,149

 
44,303

 
 
Net income available to RenaissanceRe common shareholders per common share – basic
$
3.00

 
$
0.61

 
$
6.62

 
$
4.93

 
 
Net income available to RenaissanceRe common shareholders per common share – diluted
$
2.95

 
$
0.60

 
$
6.52

 
$
4.83

 
 
 
 
 
 
 
 
 
 
 
(1)
Represents earnings attributable to holders of unvested restricted shares issued under the Company’s 2001 Stock Incentive Plan and Non-Employee Director Stock Incentive Plan.