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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 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:
 
 
 
 
 
 
 
 
 
Year ended December 31,
2014
 
2013
 
2012
 
 
(thousands of shares)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income available to RenaissanceRe common shareholders
$
510,337

 
$
665,676

 
$
566,014

 
 
Amount allocated to participating common shareholders (1)
(6,760
)
 
(9,520
)
 
(8,973
)
 
 
Net income allocated to RenaissanceRe common shareholders
$
503,577

 
$
656,156

 
$
557,041

 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic income per RenaissanceRe common share - weighted average common shares
39,425

 
43,349

 
48,873

 
 
Per common share equivalents of employee stock options and restricted shares
543

 
779

 
730

 
 
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
39,968

 
44,128

 
49,603

 
 
Basic income per RenaissanceRe common share
$
12.77

 
$
15.14

 
$
11.40

 
 
Diluted income per RenaissanceRe common share
$
12.60

 
$
14.87

 
$
11.23

 
 
 
 
 
 
 


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