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Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables)
 6 Months Ended
Jun. 30, 2014
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract]  
Condensed Consolidating Balance Sheets
Condensed Consolidating Balance Sheet at June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
 
Consolidating
Adjustments 
(2)
 
RenaissanceRe
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Total investments
$
168,982

 
$
98,580

 
$
6,439,340

 
$
—

 
$
6,706,902

Cash and cash equivalents
3,194

 
3,211

 
288,052

 
—

 
294,457

Investments in subsidiaries
3,473,208

 
72,077

 
—

 
(3,545,285
)
 
—

Due from subsidiaries and affiliates
141,812

 
24

 
—

 
(141,836
)
 
—

Premiums receivable
—

 
—

 
837,116

 
—

 
837,116

Prepaid reinsurance premiums
—

 
—

 
267,963

 
—

 
267,963

Reinsurance recoverable
—

 
—

 
85,115

 
—

 
85,115

Accrued investment income
179

 
124

 
27,716

 
—

 
28,019

Deferred acquisition costs
—

 
—

 
140,765

 
—

 
140,765

Receivable for investments sold
8

 
4

 
58,193

 
—

 
58,205

Other assets
113,130

 
1,362

 
84,049

 
(101,458
)
 
97,083

Total assets
$
3,900,513

 
$
175,382

 
$
8,228,309

 
$
(3,788,579
)
 
$
8,515,625

Liabilities, Noncontrolling Interests and Shareholders’ Equity
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
Reserve for claims and claim expenses
$
—

 
$
—

 
$
1,552,618

 
$
—

 
$
1,552,618

Unearned premiums
—

 
—

 
929,523

 
—

 
929,523

Debt
—

 
249,476

 
—

 
—

 
249,476

Amounts due to subsidiaries and affiliates
53,698

 
2,420

 
—

 
(56,118
)
 
—

Reinsurance balances payable
—

 
—

 
558,185

 
—

 
558,185

Payable for investments purchased
—

 
73

 
201,267

 
—

 
201,340

Other liabilities
10,874

 
7,495

 
147,739

 
(1,458
)
 
164,650

Total liabilities
64,572

 
259,464

 
3,389,332

 
(57,576
)
 
3,655,792

Redeemable noncontrolling interest – DaVinciRe
—

 
—

 
1,023,892

 
—

 
1,023,892

Shareholders’ Equity
 
 
 
 
 
 
 
 
 
Total shareholders’ equity
3,835,941

 
(84,082
)
 
3,815,085

 
(3,731,003
)
 
3,835,941

Total liabilities, noncontrolling interests and shareholders’ equity
$
3,900,513

 
$
175,382

 
$
8,228,309

 
$
(3,788,579
)
 
$
8,515,625

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Balance Sheet at December 31, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
 
Consolidating
Adjustments 
(2)
 
RenaissanceRe
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Total investments
$
210,719

 
$
98,784

 
$
6,512,209

 
$
—

 
$
6,821,712

Cash and cash equivalents
8,796

 
4,027

 
395,209

 
—

 
408,032

Investments in subsidiaries
3,294,729

 
74,718

 
—

 
(3,369,447
)
 
—

Due from subsidiaries and affiliates
296,752

 
—

 
—

 
(296,752
)
 
—

Premiums receivable
—

 
—

 
474,087

 
—

 
474,087

Prepaid reinsurance premiums
—

 
—

 
66,132

 
—

 
66,132

Reinsurance recoverable
—

 
—

 
101,025

 
—

 
101,025

Accrued investment income
—

 
110

 
33,955

 
—

 
34,065

Deferred acquisition costs
—

 
—

 
81,684

 
—

 
81,684

Receivable for investments sold
14

 
—

 
75,831

 
—

 
75,845

Other assets
112,234

 
1,481

 
102,834

 
(100,000
)
 
116,549

Total assets
$
3,923,244

 
$
179,120

 
$
7,842,966

 
$
(3,766,199
)
 
$
8,179,131

Liabilities, Redeemable Noncontrolling Interest and Shareholders’ Equity
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
Reserve for claims and claim expenses
$
—

 
$
—

 
$
1,563,730

 
$
—

 
$
1,563,730

Unearned premiums
—

 
—

 
477,888

 
—

 
477,888

Debt
—

 
249,430

 
—

 
—

 
249,430

Amounts due to subsidiaries and affiliates
—

 
3,173

 
—

 
(3,173
)
 
—

Reinsurance balances payable
—

 
—

 
293,022

 
—

 
293,022

Payable for investments purchased
—

 
—

 
193,221

 
—

 
193,221

Other liabilities
18,860

 
6,953

 
371,783

 
—

 
397,596

Total liabilities
18,860

 
259,556

 
2,899,644

 
(3,173
)
 
3,174,887

Redeemable noncontrolling interest
—

 
—

 
1,099,860

 
—

 
1,099,860

Shareholders’ Equity
 
 
 
 
 
 
 
 
 
Total shareholders’ equity
3,904,384

 
(80,436
)
 
3,843,462

 
(3,763,026
)
 
3,904,384

Total liabilities, redeemable noncontrolling interest and shareholders’ equity
$
3,923,244

 
$
179,120

 
$
7,842,966

 
$
(3,766,199
)
 
$
8,179,131

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Condensed Consolidating Statement of Operations for
the three months ended June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
 
Consolidating
Adjustments 
(2)
 
RenaissanceRe
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
Net premiums earned
$
—

 
$
—

 
$
260,416

 
$
—

 
$
260,416

Net investment income
736

 
445

 
34,293

 
(933
)
 
34,541

Net foreign exchange gains
6

 
—

 
2,386

 
—

 
2,392

Equity in earnings of other ventures
—

 
—

 
7,232

 
—

 
7,232

Other loss
—

 
—

 
(535
)
 
—

 
(535
)
Net realized and unrealized gains on investments
190

 
4,340

 
22,598

 
—

 
27,128

Total revenues
932

 
4,785

 
326,390

 
(933
)
 
331,174

Expenses
 
 
 
 
 
 
 
 
 
Net claims and claim expenses incurred
—

 
—

 
81,388

 
—

 
81,388

Acquisition expenses
—

 
—

 
33,477

 
—

 
33,477

Operational expenses
(1,236
)
 
1,684

 
45,483

 
(90
)
 
45,841

Corporate expenses
3,468

 
59

 
427

 
—

 
3,954

Interest expense
—

 
3,616

 
676

 
—

 
4,292

Total expenses
2,232

 
5,359

 
161,451

 
(90
)
 
168,952

(Loss) income before equity in net income (loss) of subsidiaries and taxes
(1,300
)
 
(574
)
 
164,939

 
(843
)
 
162,222

Equity in net income (loss) of subsidiaries
127,648

 
(38
)
 
—

 
(127,610
)
 
—

Income (loss) before taxes
126,348

 
(612
)
 
164,939

 
(128,453
)
 
162,222

Income tax (expense) benefit
—

 
(38
)
 
242

 
—

 
204

Net income (loss)
126,348

 
(650
)
 
165,181

 
(128,453
)
 
162,426

Net income attributable to noncontrolling interests
—

 
—

 
(36,078
)
 
—

 
(36,078
)
Net income (loss) attributable to RenaissanceRe
126,348

 
(650
)
 
129,103

 
(128,453
)
 
126,348

Dividends on preference shares
(5,596
)
 
—

 
—

 
—

 
(5,596
)
Net income (loss) attributable to RenaissanceRe common shareholders
$
120,752

 
$
(650
)
 
$
129,103

 
$
(128,453
)
 
$
120,752

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Comprehensive income (loss)
 
 
 
 
 
 
 
 
 
Net income (loss)
$
126,348

 
$
(650
)
 
$
165,181

 
$
(128,453
)
 
$
162,426

Change in net unrealized gains on investments
—

 
—

 
(45
)
 
—

 
(45
)
Comprehensive income (loss)
126,348

 
(650
)
 
165,136

 
(128,453
)
 
162,381

Net income attributable to noncontrolling interests
—

 
—

 
(36,078
)
 
—

 
(36,078
)
Comprehensive income attributable to noncontrolling interests
—

 
—

 
(36,078
)
 
—

 
(36,078
)
Comprehensive income (loss) attributable to RenaissanceRe
$
126,348

 
$
(650
)
 
$
129,058

 
$
(128,453
)
 
$
126,303

(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.



Condensed Consolidating Statement of Operations for
the six months ended June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
 
Consolidating
Adjustments 
(2)
 
RenaissanceRe
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
Net premiums earned
$
—

 
$
—

 
$
546,950

 
$
—

 
$
546,950

Net investment income
1,361

 
919

 
73,079

 
(1,870
)
 
73,489

Net foreign exchange gains
7

 
—

 
1,324

 
—

 
1,331

Equity in earnings of other ventures
—

 
—

 
11,431

 
—

 
11,431

Other loss
—

 
(8
)
 
(465
)
 
—

 
(473
)
Net realized and unrealized (losses) gains on investments
84

 
4,717

 
37,254

 
—

 
42,055

Total revenues
1,452

 
5,628

 
669,573

 
(1,870
)
 
674,783

Expenses
 
 
 
 
 
 
 
 
 
Net claims and claim expenses incurred
—

 
—

 
140,303

 
—

 
140,303

Acquisition expenses
—

 
—

 
67,177

 
—

 
67,177

Operational expenses
(2,116
)
 
3,578

 
87,171

 
(168
)
 
88,465

Corporate expenses
7,470

 
118

 
911

 
—

 
8,499

Interest expense
—

 
7,233

 
1,352

 
—

 
8,585

Total expenses
5,354

 
10,929

 
296,914

 
(168
)
 
313,029

(Loss) income before equity in net income of subsidiaries and taxes
(3,902
)
 
(5,301
)
 
372,659

 
(1,702
)
 
361,754

Equity in net income of subsidiaries
286,848

 
815

 
—

 
(287,663
)
 
—

Income (loss) before taxes
282,946

 
(4,486
)
 
372,659

 
(289,365
)
 
361,754

Income tax benefit (expense)
—

 
646

 
(608
)
 
—

 
38

Net income (loss)
282,946

 
(3,840
)
 
372,051

 
(289,365
)
 
361,792

Net income attributable to noncontrolling interests
—

 
—

 
(78,846
)
 
—

 
(78,846
)
Net income (loss) attributable to RenaissanceRe
282,946

 
(3,840
)
 
293,205

 
(289,365
)
 
282,946

Dividends on preference shares
(11,191
)
 
—

 
—

 
—

 
(11,191
)
Net income (loss) attributable to RenaissanceRe common shareholders
$
271,755

 
$
(3,840
)
 
$
293,205

 
$
(289,365
)
 
$
271,755

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income (Loss) for the six months ended June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Comprehensive income (loss)
 
 
 
 
 
 
 
 
 
Net income (loss)
$
282,946

 
$
(3,840
)
 
$
372,051

 
$
(289,365
)
 
$
361,792

Change in net unrealized gains on investments
—

 
—

 
(213
)
 
—

 
(213
)
Comprehensive income (loss)
282,946

 
(3,840
)
 
371,838

 
(289,365
)
 
361,579

Net income attributable to noncontrolling interests
—

 
—

 
(78,846
)
 
—

 
(78,846
)
Comprehensive income attributable to noncontrolling interests
—

 
—

 
(78,846
)
 
—

 
(78,846
)
Comprehensive income (loss) attributable to RenaissanceRe
$
282,946

 
$
(3,840
)
 
$
292,992

 
$
(289,365
)
 
$
282,733

(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

 



Condensed Consolidating Statement of Operations
for the three months ended June 30, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
Net premiums earned
$
—

 
$
—

 
$
291,889

 
$
—

 
$
291,889

Net investment income
668

 
37

 
26,403

 
(945
)
 
26,163

Net foreign exchange losses
—

 
(2
)
 
(930
)
 
—

 
(932
)
Equity in earnings of other ventures
—

 
—

 
3,772

 
—

 
3,772

Other loss
—

 
—

 
(1,128
)
 
—

 
(1,128
)
Net realized and unrealized losses on investments
(158
)
 
(145
)
 
(69,226
)
 
—

 
(69,529
)
Total revenues
510

 
(110
)
 
250,780

 
(945
)
 
250,235

Expenses
 
 
 
 
 
 
 
 
 
Net claims and claim expenses incurred
—

 
—

 
103,962

 
—

 
103,962

Acquisition expenses
—

 
—

 
31,767

 
—

 
31,767

Operational expenses
(1,241
)
 
1,568

 
42,314

 
148

 
42,789

Corporate expenses
21,007

 
59

 
463

 
—

 
21,529

Interest expense
—

 
3,616

 
684

 
—

 
4,300

Total expenses
19,766

 
5,243

 
179,190

 
148

 
204,347

(Loss) income before equity in net income (loss) of subsidiaries and taxes
(19,256
)
 
(5,353
)
 
71,590

 
(1,093
)
 
45,888

Equity in net income (loss) of subsidiaries
53,545

 
(4,197
)
 
—

 
(49,348
)
 
—

Income (loss) from continuing operations before taxes
34,289

 
(9,550
)
 
71,590

 
(50,441
)
 
45,888

Income tax (expense) benefit
—

 
(313
)
 
302

 
—

 
(11
)
Income (loss) from continuing operations
34,289

 
(9,863
)
 
71,892

 
(50,441
)
 
45,877

Income from discontinued operations
—

 
2,427

 
—

 
—

 
2,427

Net income (loss)
34,289

 
(7,436
)
 
71,892

 
(50,441
)
 
48,304

Net income attributable to noncontrolling interests
—

 
—

 
(14,015
)
 
—

 
(14,015
)
Net income (loss) attributable to RenaissanceRe
34,289

 
(7,436
)
 
57,877

 
(50,441
)
 
34,289

Dividends on preference shares
(7,483
)
 
—

 
—

 
—

 
(7,483
)
Net income (loss) available (attributable) to RenaissanceRe common shareholders
$
26,806

 
$
(7,436
)
 
$
57,877

 
$
(50,441
)
 
$
26,806

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended June 30, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Comprehensive income (loss)
 
 
 
 
 
 
 
 
 
Net income (loss)
$
34,289

 
$
(7,436
)
 
$
71,892

 
$
(50,441
)
 
$
48,304

Change in net unrealized gains on investments
—

 
—

 
(1,141
)
 
—

 
(1,141
)
Comprehensive income (loss)
34,289

 
(7,436
)
 
70,751

 
(50,441
)
 
47,163

Net income attributable to noncontrolling interests
—

 
—

 
(14,015
)
 
—

 
(14,015
)
Comprehensive income attributable to noncontrolling interests
—

 
—

 
(14,015
)
 
—

 
(14,015
)
Comprehensive income (loss) attributable to RenaissanceRe
$
34,289

 
$
(7,436
)
 
$
56,736

 
$
(50,441
)
 
$
33,148

(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Operations
for the six months ended June 30, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
Net premiums earned
$
—

 
$
—

 
$
563,144

 
$
—

 
$
563,144

Net investment income
2,218

 
236

 
68,808

 
(1,897
)
 
69,365

Net foreign exchange losses
(50
)
 
(2
)
 
(266
)
 
—

 
(318
)
Equity in earnings of other ventures
—

 
—

 
9,607

 
—

 
9,607

Other income (loss)
106

 
—

 
(2,943
)
 
—

 
(2,837
)
Net realized and unrealized losses on investments
(1,444
)
 
(114
)
 
(53,702
)
 
—

 
(55,260
)
Total revenues
830

 
120

 
584,648

 
(1,897
)
 
583,701

Expenses
 
 
 
 
 
 
 
 
 
Net claims and claim expenses incurred
—

 
—

 
131,213

 
—

 
131,213

Acquisition expenses
—

 
—

 
56,776

 
—

 
56,776

Operational expenses
(2,463
)
 
4,017

 
87,221

 
—

 
88,775

Corporate expenses
24,909

 
118

 
984

 
—

 
26,011

Interest expense
734

 
7,233

 
1,367

 
—

 
9,334

Total expenses
23,180

 
11,368

 
277,561

 
—

 
312,109

(Loss) income before equity in net income (loss) of subsidiaries and taxes
(22,350
)
 
(11,248
)
 
307,087

 
(1,897
)
 
271,592

Equity in net income of subsidiaries
253,388

 
(3,838
)
 
—

 
(249,550
)
 
—

Income (loss) from continuing operations before taxes
231,038

 
(15,086
)
 
307,087

 
(251,447
)
 
271,592

Income tax expense
—

 
(5
)
 
(128
)
 
—

 
(133
)
Income (loss) from continuing operations
231,038

 
(15,091
)
 
306,959

 
(251,447
)
 
271,459

Income from discontinued operations
—

 
12,201

 
—

 
—

 
12,201

Net income (loss)
231,038

 
(2,890
)
 
306,960

 
(251,448
)
 
283,660

Net income attributable to noncontrolling interests
—

 
—

 
(52,622
)
 
—

 
(52,622
)
Net income (loss) attributable to RenaissanceRe
231,038

 
(2,890
)
 
254,338

 
(251,448
)
 
231,038

Dividends on preference shares
(13,758
)
 
—

 
—

 
—

 
(13,758
)
Net income (loss) available (attributable) to RenaissanceRe common shareholders
$
217,280

 
$
(2,890
)
 
$
254,338

 
$
(251,448
)
 
$
217,280

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income (Loss) for the six months ended June 30, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
Consolidating
Adjustments
(2)
 
RenaissanceRe
Consolidated
Comprehensive income (loss)
 
 
 
 
 
 
 
 
 
Net income (loss)
$
231,038

 
$
(2,890
)
 
$
306,960

 
$
(251,448
)
 
$
283,660

Change in net unrealized gains on investments
—

 
—

 
(8,713
)
 
—

 
(8,713
)
Comprehensive income (loss)
231,038

 
(2,890
)
 
298,247

 
(251,448
)
 
274,947

Net income attributable to noncontrolling interests
—

 
—

 
(52,622
)
 
—

 
(52,622
)
Comprehensive income attributable to noncontrolling interests
—

 
—

 
(52,622
)
 
—

 
(52,622
)
Comprehensive income (loss) attributable to RenaissanceRe
$
231,038

 
$
(2,890
)
 
$
245,625

 
$
(251,448
)
 
$
222,325

(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)
Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statements Of Cash Flows
Condensed Consolidating Statement of Cash Flows
for the six months ended June 30, 2014
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
RenaissanceRe
Consolidated
Cash flows (used in) provided by operating activities
 
 
 
 
 
 
 
Net cash (used in) provided by operating activities
$
(14,828
)
 
$
(8,410
)
 
$
196,624

 
$
173,386

Cash flows provided by (used in) investing activities
 
 
 
 
 
 
 
Proceeds from sales and maturities of fixed maturity investments trading
4,912

 
5,353

 
4,009,909

 
4,020,174

Purchases of fixed maturity investments trading
(79,714
)
 
—

 
(3,890,603
)
 
(3,970,317
)
Proceeds from sales and maturities of fixed maturity investments available for sale
—

 
—

 
5,114

 
5,114

Net sales of equity investments trading
—

 
(370
)
 
(10,776
)
 
(11,146
)
Net sales (purchases) of short term investments
116,511

 
(68
)
 
(26,894
)
 
89,549

Net sales of other investments
—

 
—

 
68,684

 
68,684

Net sales of investments in other ventures
—

 
—

 
1,030

 
1,030

Net purchases of other assets
—

 
—

 
6,000

 
6,000

Dividends and return of capital from subsidiaries
359,891

 
5,406

 
(365,297
)
 
—

Contributions to subsidiaries
(47,220
)
 
(1,950
)
 
49,170

 
—

Due to (from) subsidiary
4,123

 
(777
)
 
(3,346
)
 
—

Net cash provided by (used in) investing activities
358,503

 
7,594

 
(157,009
)
 
209,088

Cash flows used in financing activities
 
 
 
 
 
 
 
Dividends paid – RenaissanceRe common shares
(23,550
)
 
—

 
—

 
(23,550
)
Dividends paid – preference shares
(11,191
)
 
—

 
—

 
(11,191
)
RenaissanceRe common share repurchases
(314,536
)
 
—

 
—

 
(314,536
)
Net third party redeemable noncontrolling interest share transactions
—

 
—

 
(144,096
)
 
(144,096
)
Net cash used in financing activities
(349,277
)
 
—

 
(144,096
)
 
(493,373
)
Effect of exchange rate changes on foreign currency cash
—

 
—

 
(2,676
)
 
(2,676
)
Net decrease in cash and cash equivalents
(5,602
)
 
(816
)
 
(107,157
)
 
(113,575
)
Cash and cash equivalents, beginning of period
8,796

 
4,027

 
395,209

 
408,032

Cash and cash equivalents, end of period
$
3,194

 
$
3,211

 
$
288,052

 
$
294,457

 
(1)
Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows
for the six months ended June 30, 2013
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
 
RenRe North
America
Holdings Inc.
(Subsidiary
Issuer)
 
Other
RenaissanceRe
Holdings Ltd.
Subsidiaries
and
Eliminations
(Non-guarantor
Subsidiaries)
(1)
 
RenaissanceRe
Consolidated
Cash flows (used in) provided by operating activities
 
 
 
 
 
 
 
Net cash (used in) provided by operating activities
$
(42,805
)
 
$
(20,926
)
 
$
241,150

 
$
177,419

Cash flows provided by (used in) investing activities
 
 
 
 
 
 
 
Proceeds from sales and maturities of fixed maturity investments trading
409,514

 
64,535

 
3,974,400

 
4,448,449

Purchases of fixed maturity investments trading
(20,604
)
 
(43,799
)
 
(4,160,785
)
 
(4,225,188
)
Proceeds from sales and maturities of fixed maturity investments available for sale
—

 
—

 
41,338

 
41,338

Net purchases of equity investments trading
—

 
—

 
(35,958
)
 
(35,958
)
Net sales (purchases) of short term investments
98,000

 
10,396

 
(218,958
)
 
(110,562
)
Net sales of other investments
—

 
—

 
42,935

 
42,935

Net purchases of investments in other ventures
—

 
—

 
(2,500
)
 
(2,500
)
Net sales of other assets
—

 
—

 
598

 
598

Dividends and return of capital from subsidiaries
128,922

 
4,806

 
(133,728
)
 
—

Contributions to subsidiaries
(296,179
)
 
(12,625
)
 
308,804

 
—

Due to (from) subsidiaries
(11,753
)
 
339

 
11,414

 
—

Net cash provided by (used in) investing activities
307,900

 
23,652

 
(172,440
)
 
159,112

Cash flows used in financing activities
 
 
 
 
 
 
 
Dividends paid – RenaissanceRe common shares
(24,658
)
 
—

 
—

 
(24,658
)
Dividends paid – preference shares
(13,758
)
 
—

 
—

 
(13,758
)
RenaissanceRe common share repurchases
(121,996
)
 
—

 
—

 
(121,996
)
Net repayment of debt
(100,000
)
 
—

 
(1,410
)
 
(101,410
)
Redemption 6.08% Series C preference shares
(125,000
)
 
—

 
—

 
(125,000
)
Redemption 6.60% Series D preference shares
(150,000
)
 
—

 
—

 
(150,000
)
Issuance of 5.375% Series E preference shares, net of expenses
265,655

 
—

 
—

 
265,655

Net third party redeemable noncontrolling interest share transactions
—

 
—

 
(105,633
)
 
(105,633
)
Net cash used in financing activities
(269,757
)
 
—

 
(107,043
)
 
(376,800
)
Effect of exchange rate changes on foreign currency cash
—

 
—

 
505

 
505

Net (decrease) increase in cash and cash equivalents
(4,662
)
 
2,726

 
(37,828
)
 
(39,764
)
Net increase in cash and cash equivalents of discontinued operations
—

 
—

 
(29,475
)
 
(29,475
)
Cash and cash equivalents, beginning of period
6,298

 
1,528

 
296,319

 
304,145

Cash and cash equivalents, end of period
$
1,636

 
$
4,254

 
$
229,016

 
$
234,906

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.