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Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter Ended
March 31,
 
Quarter Ended
June 30,
 
Quarter Ended
September 30,
 
Quarter Ended
December 31,
 
 
  
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross premiums written
$
705,260

 
$
635,418

 
$
511,540

 
$
703,223

 
$
200,992

 
$
182,649

 
$
132,780

 
$
84,122

 
 
Net premiums written
$
450,347

 
$
436,813

 
$
346,407

 
$
559,109

 
$
159,713

 
$
127,241

 
$
111,769

 
$
80,784

 
 
(Increase) decrease in unearned premiums
(163,813
)
 
(165,558
)
 
(85,991
)
 
(267,220
)
 
99,266

 
167,476

 
144,718

 
175,981

 
 
Net premiums earned
286,534

 
271,255

 
260,416

 
291,889

 
258,979

 
294,717

 
256,487

 
256,765

 
 
Net investment income
38,948

 
43,202

 
34,541

 
26,163

 
24,941

 
59,931

 
25,886

 
78,732

 
 
Net foreign exchange (losses) gains
(1,061
)
 
614

 
2,392

 
(932
)
 
5,036

 
488

 
(107
)
 
1,747

 
 
Equity in earnings of other ventures
4,199

 
5,835

 
7,232

 
3,772

 
9,806

 
7,313

 
4,838

 
6,274

 
 
Other income (loss)
62

 
(1,709
)
 
(535
)
 
(1,128
)
 
(1,169
)
 
651

 
1,219

 
(173
)
 
 
Net realized and unrealized gains (losses) on investments
14,927

 
14,269

 
27,128

 
(69,529
)
 
(31,097
)
 
28,472

 
30,475

 
61,864

 
 
Total revenues
343,609

 
333,466

 
331,174

 
250,235

 
266,496

 
391,572

 
318,798

 
405,209

 
 
Expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net claims and claim expenses incurred
58,915

 
27,251

 
81,388

 
103,962

 
69,647

 
60,928

 
(12,003
)
 
(20,854
)
 
 
Acquisition costs
33,700

 
25,009

 
33,477

 
31,767

 
37,550

 
37,699

 
39,749

 
31,026

 
 
Operational expenses
42,624

 
45,986

 
45,841

 
42,789

 
46,972

 
44,672

 
55,202

 
57,658

 
 
Corporate expenses
4,545

 
4,482

 
3,954

 
21,529

 
3,905

 
4,307

 
10,583

 
3,304

 
 
Interest expense
4,293

 
5,034

 
4,292

 
4,300

 
4,290

 
4,298

 
4,289

 
4,297

 
 
Total expenses
144,077

 
107,762

 
168,952

 
204,347

 
162,364

 
151,904

 
97,820

 
75,431

 
 
Income from continuing operations before taxes
199,532

 
225,704

 
162,222

 
45,888

 
104,132

 
239,668

 
220,978

 
329,778

 
 
Income tax (expense) benefit
(166
)
 
(122
)
 
204

 
(11
)
 
(245
)
 
(223
)
 
(401
)
 
(1,336
)
 
 
Income from continuing operations
199,366

 
225,582

 
162,426

 
45,877

 
103,887

 
239,445

 
220,577

 
328,442

 
 
Income (loss) from discontinued operations
—

 
9,774

 
—

 
2,427

 
—

 
(9,779
)
 
—

 
—

 
 
Net income
199,366

 
235,356

 
162,426

 
48,304

 
103,887

 
229,666

 
220,577

 
328,442

 
 
Net income attributable to noncontrolling interests
(42,768
)
 
(38,607
)
 
(36,078
)
 
(14,015
)
 
(30,477
)
 
(44,331
)
 
(44,215
)
 
(54,191
)
 
 
Net income available to RenaissanceRe
156,598

 
196,749

 
126,348

 
34,289

 
73,410

 
185,335

 
176,362

 
274,251

 
 
Dividends on preference shares
(5,595
)
 
(6,275
)
 
(5,596
)
 
(7,483
)
 
(5,595
)
 
(5,595
)
 
(5,595
)
 
(5,595
)
 
 
Net income available to RenaissanceRe common shareholders
$
151,003

 
$
190,474

 
$
120,752

 
$
26,806

 
$
67,815

 
$
179,740

 
$
170,767

 
$
268,656

 
 
Income from continuing operations available to RenaissanceRe common shareholders per common share – basic
$
3.61

 
$
4.10

 
$
3.00

 
$
0.55

 
$
1.72

 
$
4.32

 
$
4.46

 
$
6.14

 
 
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share – basic
—

 
0.22

 
—

 
0.06

 
—

 
(0.23
)
 
—

 
—

 
 
Net income available to RenaissanceRe common shareholders per common share – basic
$
3.61

 
$
4.32

 
$
3.00

 
$
0.61

 
$
1.72

 
$
4.09

 
$
4.46

 
$
6.14

 
 
Income from continuing operations available to RenaissanceRe common shareholders per common share – diluted
$
3.56

 
$
4.01

 
$
2.95

 
$
0.55

 
$
1.70

 
$
4.23

 
$
4.42

 
$
6.05

 
 
Income (loss) from discontinued operations available (attributable) to RenaissanceRe common shareholders per common share – diluted
—

 
0.22

 
—

 
0.05

 
—

 
(0.22
)
 
—

 
—

 
 
Net income available to RenaissanceRe common shareholders per common share – diluted
$
3.56

 
$
4.23

 
$
2.95

 
$
0.60

 
$
1.70

 
$
4.01

 
$
4.42

 
$
6.05

 
 
Average shares outstanding – basic
41,238

 
43,461

 
39,736

 
43,372

 
38,975

 
43,330

 
37,752

 
43,160

 
 
Average shares outstanding – diluted
41,903

 
44,290

 
40,395

 
44,243

 
39,433

 
44,135

 
38,145

 
43,769