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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Gross premiums written $ 511,540 $ 703,223 $ 1,216,800 $ 1,338,641
Net premiums written 346,407 559,109 796,754 995,922
Increase in unearned premiums (85,991) (267,220) (249,804) (432,778)
Net premiums earned 260,416 291,889 546,950 563,144
Net investment income 34,541 26,163 73,489 69,365
Net foreign exchange gains (losses) 2,392 (932) 1,331 (318)
Equity in earnings of other ventures 7,232 3,772 11,431 9,607
Other loss (535) (1,128) (473) (2,837)
Net realized and unrealized gains (losses) on investments 27,128 (69,529) 42,055 (55,260)
Total revenues 331,174 250,235 674,783 583,701
Expenses        
Net claims and claim expenses incurred 81,388 103,962 140,303 131,213
Acquisition expenses 33,477 31,767 67,177 56,776
Operational expenses 45,841 42,789 88,465 88,775
Corporate expenses 3,954 21,529 8,499 26,011
Interest expense 4,292 4,300 8,585 9,334
Total expenses 168,952 204,347 313,029 312,109
Income from continuing operations before taxes 162,222 45,888 361,754 271,592
Income tax benefit (expense) 204 (11) 38 (133)
Income from continuing operations 162,426 45,877 361,792 271,459
Income from discontinued operations   2,427 0 12,201
Net income 162,426 48,304 361,792 283,660
Net income attributable to noncontrolling interests (36,078) (14,015) (78,846) (52,622)
Net income attributable to RenaissanceRe 126,348 34,289 282,946 231,038
Dividends on preference shares (5,596) (7,483) (11,191) (13,758)
Net income available to RenaissanceRe common shareholders $ 120,752 $ 26,806 $ 271,755 $ 217,280
Income from continuing operations available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 3.00 $ 0.55 $ 6.62 $ 4.65
Income from discontinued operations available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 0.00 $ 0.06 $ 0.00 $ 0.28
Net income available to RenaissanceRe common shareholders per common share – basic, in dollars per share $ 3.00 $ 0.61 $ 6.62 $ 4.93
Income from continuing operations available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 2.95 $ 0.55 $ 6.52 $ 4.55
Income from discontinued operations available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 0.00 $ 0.05 $ 0.00 $ 0.28
Net income available to RenaissanceRe common shareholders per common share – diluted, in dollars per share $ 2.95 $ 0.60 $ 6.52 $ 4.83
Dividends per common share, in dollars per share   $ 0.28 $ 0.58 $ 0.56