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Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables) | 12 Months Ended
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Dec. 31, 2014
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract] |
Condensed Consolidating Balance Sheet |
Condensed Consolidating Balance Sheet at December 31, 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 | $ | 137,006 |  |  | $ | 88,150 |  |  | $ | 6,518,594 |  |  | $ | — |  |  | $ | 6,743,750 |
Cash and cash equivalents | 5,986 |  |  | 1,033 |  |  | 518,565 |  |  | — |  |  | 525,584 |
Investments in subsidiaries | 3,509,974 |  |  | 71,796 |  |  | — |  |  | (3,581,770 | ) |  | — |
Due from subsidiaries and affiliates | 126,548 |  |  | 23 |  |  | — |  |  | (126,571 | ) |  | — |
Premiums receivable | — |  |  | — |  |  | 440,007 |  |  | — |  |  | 440,007 |
Prepaid reinsurance premiums | — |  |  | — |  |  | 94,810 |  |  | — |  |  | 94,810 |
Reinsurance recoverable | — |  |  | — |  |  | 66,694 |  |  | — |  |  | 66,694 |
Accrued investment income | — |  |  | 121 |  |  | 26,388 |  |  | — |  |  | 26,509 |
Deferred acquisition costs | — |  |  | — |  |  | 110,059 |  |  | — |  |  | 110,059 |
Receivable for investments sold | 10 |  |  | — |  |  | 52,380 |  |  | — |  |  | 52,390 |
Other assets | 112,400 |  |  | 1,242 |  |  | 131,563 |  |  | (101,458 | ) |  | 143,747 |
Total assets | $ | 3,891,924 |  |  | $ | 162,365 |  |  | $ | 7,959,060 |  |  | $ | (3,809,799 | ) |  | $ | 8,203,550 |
Liabilities, Noncontrolling Interests and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Reserve for claims and claim expenses | $ | — |  |  | $ | — |  |  | $ | 1,412,510 |  |  | $ | — |  |  | $ | 1,412,510 |
Unearned premiums | — |  |  | — |  |  | 512,386 |  |  | — |  |  | 512,386 |
Debt | — |  |  | 249,522 |  |  | — |  |  | — |  |  | 249,522 |
Amounts due to subsidiaries and affiliates | 6,000 |  |  | 233 |  |  | — |  |  | (6,233 | ) |  | — |
Reinsurance balances payable | — |  |  | — |  |  | 454,580 |  |  | — |  |  | 454,580 |
Payable for investments purchased | — |  |  | — |  |  | 203,021 |  |  | — |  |  | 203,021 |
Other liabilities | 20,209 |  |  | 4,013 |  |  | 351,344 |  |  | (1,458 | ) |  | 374,108 |
Total liabilities | 26,209 |  |  | 253,768 |  |  | 2,933,841 |  |  | (7,691 | ) |  | 3,206,127 |
Redeemable noncontrolling interests | — |  |  | — |  |  | 1,131,708 |  |  | — |  |  | 1,131,708 |
Shareholders’ Equity |  |  |  |  |  |  |  |  |
Total shareholders’ equity | 3,865,715 |  |  | (91,403 | ) |  | 3,893,511 |  |  | (3,802,108 | ) |  | 3,865,715 |
Total liabilities, noncontrolling interests and shareholders’ equity | $ | 3,891,924 |  |  | $ | 162,365 |  |  | $ | 7,959,060 |  |  | $ | (3,809,799 | ) |  | $ | 8,203,550 |
(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 Statement of Operations |
Condensed Consolidating Statement of Operations for the year ended December 31, 2012 | 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 | $ | — |  |  | $ | — |  |  | $ | 1,069,355 |  |  | $ | — |  |  | $ | 1,069,355 |
Net investment income | 14,195 |  |  | 619 |  |  | 150,911 |  |  | — |  |  | 165,725 |
Net foreign exchange gains | 33 |  |  | — |  |  | 5,286 |  |  | — |  |  | 5,319 |
Equity in earnings of other ventures | — |  |  | — |  |  | 23,238 |  |  | — |  |  | 23,238 |
Other income (loss) | 2,822 |  |  | — |  |  | (4,942 | ) |  | — |  |  | (2,120 | )
Net realized and unrealized gains on investments | 14,862 |  |  | 1,556 |  |  | 146,703 |  |  | — |  |  | 163,121 |
Net other-than-temporary impairments | — |  |  | — |  |  | (343 | ) |  | — |  |  | (343 | )
Total revenues | 31,912 |  |  | 2,175 |  |  | 1,390,208 |  |  | — |  |  | 1,424,295 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 325,211 |  |  | — |  |  | 325,211 |
Acquisition expenses | — |  |  | — |  |  | 113,542 |  |  | — |  |  | 113,542 |
Operational expenses | (5,103 | ) |  | 7,013 |  |  | 177,241 |  |  | — |  |  | 179,151 |
Corporate expenses | 14,282 |  |  | 273 |  |  | 1,901 |  |  | — |  |  | 16,456 |
Interest expense | 5,875 |  |  | 14,467 |  |  | 2,755 |  |  | — |  |  | 23,097 |
Total expenses | 15,054 |  |  | 21,753 |  |  | 620,650 |  |  | — |  |  | 657,457 |
Income (loss) before equity in net loss of subsidiaries and taxes | 16,858 |  |  | (19,578 | ) |  | 769,558 |  |  | — |  |  | 766,838 |
Equity in net earnings of subsidiaries | 584,051 |  |  | 1,860 |  |  | — |  |  | (585,911 | ) |  | — |
Income (loss) from continuing operations before taxes | 600,909 |  |  | (17,718 | ) |  | 769,558 |  |  | (585,911 | ) |  | 766,838 |
Income tax expense | — |  |  | (499 | ) |  | (914 | ) |  | — |  |  | (1,413 | )
Income (loss) from continuing operations | 600,909 |  |  | (18,217 | ) |  | 768,644 |  |  | (585,911 | ) |  | 765,425 |
Loss from discontinued operations | — |  |  | (16,476 | ) |  | — |  |  | — |  |  | (16,476 | )
Net income (loss) | 600,909 |  |  | (34,693 | ) |  | 768,644 |  |  | (585,911 | ) |  | 748,949 |
Net income attributable to noncontrolling interest | — |  |  | — |  |  | (148,040 | ) |  | — |  |  | (148,040 | )
Net income (loss) attributable to RenaissanceRe | 600,909 |  |  | (34,693 | ) |  | 620,604 |  |  | (585,911 | ) |  | 600,909 |
Dividends on preference shares | (34,895 | ) |  | — |  |  | — |  |  | — |  |  | (34,895 | )
Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ | 566,014 |  |  | $ | (34,693 | ) |  | $ | 620,604 |  |  | $ | (585,911 | ) |  | $ | 566,014 |
(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 year ended 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
Revenues |  |  |  |  |  |  |  |  |
Net premiums earned | $ | — |  |  | $ | — |  |  | $ | 1,114,626 |  |  | $ | — |  |  | $ | 1,114,626 |
Net investment income | 4,213 |  |  | 488 |  |  | 209,105 |  |  | (5,778 | ) |  | 208,028 |
Net foreign exchange (losses) gains | (7 | ) |  | (2 | ) |  | 1,926 |  |  | — |  |  | 1,917 |
Equity in earnings of other ventures | — |  |  | — |  |  | 23,194 |  |  | — |  |  | 23,194 |
Other income (loss) | 106 |  |  | 125 |  |  | (2,590 | ) |  | — |  |  | (2,359 | )
Net realized and unrealized (losses) gains on investments | (483 | ) |  | 1,196 |  |  | 34,363 |  |  | — |  |  | 35,076 |
Total revenues | 3,829 |  |  | 1,807 |  |  | 1,380,624 |  |  | (5,778 | ) |  | 1,380,482 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 171,287 |  |  | — |  |  | 171,287 |
Acquisition expenses | — |  |  | — |  |  | 125,501 |  |  | — |  |  | 125,501 |
Operational expenses | (4,962 | ) |  | 7,566 |  |  | 189,117 |  |  | (616 | ) |  | 191,105 |
Corporate expenses | 31,264 |  |  | 338 |  |  | 2,020 |  |  | — |  |  | 33,622 |
Interest expense | 734 |  |  | 14,467 |  |  | 2,728 |  |  | — |  |  | 17,929 |
Total expenses | 27,036 |  |  | 22,371 |  |  | 490,653 |  |  | (616 | ) |  | 539,444 |
Loss (income) before equity in net loss of subsidiaries and taxes | (23,207 | ) |  | (20,564 | ) |  | 889,971 |  |  | (5,162 | ) |  | 841,038 |
Equity in net income of subsidiaries | 713,831 |  |  | 2,142 |  |  | — |  |  | (715,973 | ) |  | — |
Income (loss) from continuing operations before taxes | 690,624 |  |  | (18,422 | ) |  | 889,971 |  |  | (721,135 | ) |  | 841,038 |
Income tax expense | — |  |  | (1,558 | ) |  | (134 | ) |  | — |  |  | (1,692 | )
Income (loss) from continuing operations | 690,624 |  |  | (19,980 | ) |  | 889,837 |  |  | (721,135 | ) |  | 839,346 |
Income from discontinued operations | — |  |  | 2,422 |  |  | — |  |  | — |  |  | 2,422 |
Net income (loss) | 690,624 |  |  | (17,558 | ) |  | 889,837 |  |  | (721,135 | ) |  | 841,768 |
Net income attributable to noncontrolling interest | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Net income (loss) attributable to RenaissanceRe | 690,624 |  |  | (17,558 | ) |  | 738,693 |  |  | (721,135 | ) |  | 690,624 |
Dividends on preference shares | (24,948 | ) |  | — |  |  | — |  |  | — |  |  | (24,948 | )
Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ | 665,676 |  |  | $ | (17,558 | ) |  | $ | 738,693 |  |  | $ | (721,135 | ) |  | $ | 665,676 |
(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 year ended December 31, 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 | $ | — |  |  | $ | — |  |  | $ | 1,062,416 |  |  | $ | — |  |  | $ | 1,062,416 |
Net investment income | 2,706 |  |  | 1,765 |  |  | 123,582 |  |  | (3,737 | ) |  | 124,316 |
Net foreign exchange (losses) gains | (13 | ) |  | — |  |  | 6,273 |  |  | — |  |  | 6,260 |
Equity in earnings of other ventures | — |  |  | — |  |  | 26,075 |  |  | — |  |  | 26,075 |
Other loss | — |  |  | (7 | ) |  | (416 | ) |  | — |  |  | (423 | )
Net realized and unrealized gains on investments | 83 |  |  | 9,069 |  |  | 32,281 |  |  | — |  |  | 41,433 |
Total revenues | 2,776 |  |  | 10,827 |  |  | 1,250,211 |  |  | (3,737 | ) |  | 1,260,077 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 197,947 |  |  | — |  |  | 197,947 |
Acquisition expenses | — |  |  | — |  |  | 144,476 |  |  | — |  |  | 144,476 |
Operational expenses | (4,890 | ) |  | 7,004 |  |  | 188,857 |  |  | (332 | ) |  | 190,639 |
Corporate expenses | 20,787 |  |  | 238 |  |  | 1,962 |  |  | — |  |  | 22,987 |
Interest expense | — |  |  | 14,467 |  |  | 2,697 |  |  | — |  |  | 17,164 |
Total expenses | 15,897 |  |  | 21,709 |  |  | 535,939 |  |  | (332 | ) |  | 573,213 |
(Loss) income before equity in net income of subsidiaries and taxes | (13,121 | ) |  | (10,882 | ) |  | 714,272 |  |  | (3,405 | ) |  | 686,864 |
Equity in net income (loss) of subsidiaries | 545,839 |  |  | (4,343 | ) |  | — |  |  | (541,496 | ) |  | — |
Income (loss) before taxes and noncontrolling interest | 532,718 |  |  | (15,225 | ) |  | 714,272 |  |  | (544,901 | ) |  | 686,864 |
Income tax benefit (expense) | — |  |  | 4,064 |  |  | (4,672 | ) |  | — |  |  | (608 | )
Net income (loss) | 532,718 |  |  | (11,161 | ) |  | 709,600 |  |  | (544,901 | ) |  | 686,256 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Net income (loss) attributable to RenaissanceRe | 532,718 |  |  | (11,161 | ) |  | 556,062 |  |  | (544,901 | ) |  | 532,718 |
Dividends on preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | (22,381 | )
Net income (loss) attributable to RenaissanceRe common shareholders | $ | 510,337 |  |  | $ | (11,161 | ) |  | $ | 556,062 |  |  | $ | (544,901 | ) |  | $ | 510,337 |
(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 |
Condensed Consolidating Statement of Comprehensive Income (Loss) for the year ended December 31, 2012 | 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) | $ | 600,909 |  |  | $ | (34,693 | ) |  | $ | 768,644 |  |  | $ | (585,911 | ) |  | $ | 748,949 |
Change in net unrealized gains on investments | — |  |  | — |  |  | 1,914 |  |  | — |  |  | 1,914 |
Portion of other-than-temporary impairments recognized in other comprehensive loss | — |  |  | — |  |  | (52 | ) |  | — |  |  | (52 | )
Comprehensive income (loss) | 600,909 |  |  | (34,693 | ) |  | 770,506 |  |  | (585,911 | ) |  | 750,811 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (148,040 | ) |  | — |  |  | (148,040 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (148,040 | ) |  | — |  |  | (148,040 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 600,909 |  |  | $ | (34,693 | ) |  | $ | 622,466 |  |  | $ | (585,911 | ) |  | $ | 602,771 |
(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 year ended 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
Comprehensive income (loss) |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 690,624 |  |  | $ | (17,558 | ) |  | $ | 889,837 |  |  | $ | (721,135 | ) |  | $ | 841,768 |
Change in net unrealized gains on investments | — |  |  | — |  |  | (9,491 | ) |  | — |  |  | (9,491 | )
Comprehensive income (loss) | 690,624 |  |  | (17,558 | ) |  | 880,346 |  |  | (721,135 | ) |  | 832,277 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Comprehensive income (loss) available (attributable) to RenaissanceRe | $ | 690,624 |  |  | $ | (17,558 | ) |  | $ | 729,202 |  |  | $ | (721,135 | ) |  | $ | 681,133 |
(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 year ended December 31, 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) | $ | 532,718 |  |  | $ | (11,161 | ) |  | $ | 709,600 |  |  | $ | (544,901 | ) |  | $ | 686,256 |
Change in net unrealized gains on investments | — |  |  | — |  |  | (715 | ) |  | — |  |  | (715 | )
Comprehensive income (loss) | 532,718 |  |  | (11,161 | ) |  | 708,885 |  |  | (544,901 | ) |  | 685,541 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 532,718 |  |  | $ | (11,161 | ) |  | $ | 555,347 |  |  | $ | (544,901 | ) |  | $ | 532,003 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement Of Cash Flows |
Condensed Consolidating Statement of Cash Flows for the year ended December 31, 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 provided by (used in) operating activities |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 429 |  |  | $ | (18,114 | ) |  | $ | 678,342 |  |  | $ | 660,657 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 88,273 |  |  | 20,487 |  |  | 7,573,813 |  |  | 7,682,573 |
Purchases of fixed maturity investments trading | (88,341 | ) |  | (14,969 | ) |  | (7,535,868 | ) |  | (7,639,178 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 7,088 |  |  | 7,088 |
Net sales (purchases) of equity investments trading | — |  |  | 13,761 |  |  | (33,764 | ) |  | (20,003 | )
Net sales (purchases) of short term investments | 73,717 |  |  | 225 |  |  | (28,919 | ) |  | 45,023 |
Net sales of other investments | — |  |  | — |  |  | 59,120 |  |  | 59,120 |
Net sales of investments in other ventures | — |  |  | — |  |  | 1,030 |  |  | 1,030 |
Net sales of other assets | — |  |  | — |  |  | 6,000 |  |  | 6,000 |
Dividends and return of capital from subsidiaries | 1,259,224 |  |  | 11,204 |  |  | (1,270,428 | ) |  | — |
Contributions to subsidiaries | (759,456 | ) |  | (12,625 | ) |  | 772,081 |  |  | — |
Due to (from) subsidiary | 6,315 |  |  | (2,963 | ) |  | (3,352 | ) |  | — |
Net cash provided by (used in) investing activities | 579,732 |  |  | 15,120 |  |  | (453,199 | ) |  | 141,653 |
Cash flows used in financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (45,912 | ) |  | — |  |  | — |  |  | (45,912 | )
Dividends paid – preference shares | (22,381 | ) |  | — |  |  | — |  |  | (22,381 | )
RenaissanceRe common share repurchases | (514,678 | ) |  | — |  |  | — |  |  | (514,678 | )
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | (111,707 | ) |  | (111,707 | )
Net cash used in financing activities | (582,971 | ) |  | — |  |  | (111,707 | ) |  | (694,678 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | 9,920 |  |  | 9,920 |
Net (decrease) increase in cash and cash equivalents | (2,810 | ) |  | (2,994 | ) |  | 123,356 |  |  | 117,552 |
Cash and cash equivalents, beginning of period | 8,796 |  |  | 4,027 |  |  | 395,209 |  |  | 408,032 |
Cash and cash equivalents, end of period | $ | 5,986 |  |  | $ | 1,033 |  |  | $ | 518,565 |  |  | $ | 525,584 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the year ended 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) |  | RenaissanceRe Consolidated
Cash flows (used in) provided by operating activities |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (37,966 | ) |  | $ | (7,583 | ) |  | $ | 841,270 |  |  | $ | 795,721 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 880,749 |  |  | 185,143 |  |  | 7,185,513 |  |  | 8,251,405 |
Purchases of fixed maturity investments trading | (491,768 | ) |  | (160,422 | ) |  | (7,814,277 | ) |  | (8,466,467 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 45,178 |  |  | 45,178 |
Net (purchases) sales of equity investments trading | — |  |  | (81,437 | ) |  | 48,382 |  |  | (33,055 | )
Net sales (purchases) of short term investments | 21,217 |  |  | 9,399 |  |  | (277,587 | ) |  | (246,971 | )
Net sales of other investments | — |  |  | — |  |  | 76,214 |  |  | 76,214 |
Net purchases of investments in other ventures | — |  |  | — |  |  | (4,000 | ) |  | (4,000 | )
Net sales of other assets | — |  |  | — |  |  | 2,181 |  |  | 2,181 |
Dividends and return of capital from subsidiaries | 504,241 |  |  | 83,593 |  |  | (587,834 | ) |  | — |
Contributions to subsidiaries | (500,652 | ) |  | (38,117 | ) |  | 538,769 |  |  | — |
Due to (from) subsidiaries | 17,446 |  |  | (3,761 | ) |  | (13,685 | ) |  | — |
Net proceeds related to sale of discontinued operations | — |  |  | — |  |  | 60,000 |  |  | 60,000 |
Net cash provided by (used in) investing activities | 431,233 |  |  | (5,602 | ) |  | (741,146 | ) |  | (315,515 | )
Cash flows (used in) provided by financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (49,267 | ) |  | — |  |  | — |  |  | (49,267 | )
Dividends paid – preference shares | (24,948 | ) |  | — |  |  | — |  |  | (24,948 | )
RenaissanceRe common share repurchases | (207,410 | ) |  | — |  |  | — |  |  | (207,410 | )
Net repayment of debt | (100,000 | ) |  | — |  |  | (2,436 | ) |  | (102,436 | )
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 | 265,856 |  |  | — |  |  | — |  |  | 265,856 |
Contribution of capital from parent | — |  |  | 15,684 |  |  | (15,684 | ) |  | — |
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | (5,750 | ) |  | (5,750 | )
Net cash (used in) provided by financing activities | (390,769 | ) |  | 15,684 |  |  | (23,870 | ) |  | (398,955 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | 1,423 |  |  | 1,423 |
Net increase in cash and cash equivalents | 2,498 |  |  | 2,499 |  |  | 77,677 |  |  | 82,674 |
Net decrease in cash and cash equivalents of discontinued operations | — |  |  | — |  |  | 21,213 |  |  | 21,213 |
Cash and cash equivalents, beginning of period | 6,298 |  |  | 1,528 |  |  | 296,319 |  |  | 304,145 |
Cash and cash equivalents, end of period | $ | 8,796 |  |  | $ | 4,027 |  |  | $ | 395,209 |  |  | $ | 408,032 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the year ended December 31, 2012 | 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 provided by (used in) operating activities |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 128,567 |  |  | $ | (10,376 | ) |  | $ | 598,738 |  |  | $ | 716,929 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 744,211 |  |  | 140,626 |  |  | 7,308,030 |  |  | 8,192,867 |
Purchases of fixed maturity investments trading | (692,783 | ) |  | (73,800 | ) |  | (7,769,655 | ) |  | (8,536,238 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 65,168 |  |  | 65,168 |
Net (purchases) sales of short term investments | (80,485 | ) |  | (10,624 | ) |  | 159,886 |  |  | 68,777 |
Net sales of other investments | — |  |  | — |  |  | 150,828 |  |  | 150,828 |
Net purchases of other assets | — |  |  | — |  |  | (4,079 | ) |  | (4,079 | )
Dividends and return of capital from subsidiaries | 979,311 |  |  | 9,541 |  |  | (988,852 | ) |  | — |
Contributions to subsidiaries | (366,210 | ) |  | (50,000 | ) |  | 416,210 |  |  | — |
Due (from) to subsidiary | (15,359 | ) |  | 241 |  |  | 15,118 |  |  | — |
Net payments related to sale of discontinued operations | — |  |  | (9,000 | ) |  | — |  |  | (9,000 | )
Net cash provided by (used in) investing activities | 568,685 |  |  | 6,984 |  |  | (647,346 | ) |  | (71,677 | )
Cash flows (used in) provided by financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (53,356 | ) |  | — |  |  | — |  |  | (53,356 | )
Dividends paid – preference shares | (34,895 | ) |  | — |  |  | — |  |  | (34,895 | )
RenaissanceRe common share repurchases | (463,309 | ) |  | — |  |  | — |  |  | (463,309 | )
Net repayment of debt | — |  |  | — |  |  | (1,937 | ) |  | (1,937 | )
Redemption of 6.60% Series D preference shares | (150,000 | ) |  | — |  |  | — |  |  | (150,000 | )
Third party DaVinciRe share repurchases | — |  |  | — |  |  | 164,927 |  |  | 164,927 |
Net cash (used in) provided by financing activities | (701,560 | ) |  | — |  |  | 162,990 |  |  | (538,570 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | 1,692 |  |  | 1,692 |
Net (decrease) increase in cash and cash equivalents | (4,308 | ) |  | (3,392 | ) |  | 116,074 |  |  | 108,374 |
Net decrease in cash and cash equivalents of discontinued operations | — |  |  | — |  |  | 13,946 |  |  | 13,946 |
Cash and cash equivalents, beginning of year | 10,606 |  |  | 4,920 |  |  | 166,299 |  |  | 181,825 |
Cash and cash equivalents, end of year | $ | 6,298 |  |  | $ | 1,528 |  |  | $ | 296,319 |  |  | $ | 304,145 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

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