Statutory Requirements (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Statutory Capital and Restricted Net Assets

The actual statutory capital and surplus, required statutory capital and surplus and restricted net assets of the Company’s regulated insurance operations in its most significant regulatory jurisdictions are detailed below:




	Bermuda				U.K. (1) (2)
At December 31,	2014		2013		2014		2013
Actual statutory capital and surplus	$	3,375,317	$	3,194,446	$	409,046	$	380,336
Required statutory capital and surplus	479,346		562,126		409,046		380,336
Restricted net assets	1,018,878		887,083		—		—

(1)

With respect to actual and required statutory capital and surplus, and as described below, underwriting capacity of a member of Lloyd’s must be supported by providing a deposit in the form of cash, securities or letters of credit, which are referred to as Funds at Lloyd’s (“FAL”). FAL is determined by Lloyd’s and is based on Syndicate 1458’s solvency and capital requirements as calculated through its internal model.


(2)	Syndicate 1458 is capitalized by its FAL, with the related assets not held on its balance sheet. As such, restricted net assets is not applicable to Syndicate 1458; however, the Company can make an application to obtain approval from Lloyd’s to have funds released to RenaissanceRe from Syndicate 1458, subject to passing a Lloyd’s release test.

Schedule of Statutory Net Income (Loss)

Statutory net income (loss) of the Company’s regulated insurance operations in its most significant regulatory jurisdictions are detailed below:




	Statutory Net Income (Loss)
	Bermuda		U.K.
Year ended December 31, 2014	$	623,931	$	24,433
Year ended December 31, 2013	712,820		7,745
Year ended December 31, 2012	693,887		(10,967		)