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Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables) | 3 Months Ended
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Mar. 31, 2015
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract] |
Condensed Consolidating Balance Sheets |
Condensed Consolidating Balance Sheet at March 31, 2015 | RenaissanceRe Holdings Ltd. (Parent Guarantor) |  | Platinum Underwriters Holdings, Ltd. (Subsidiary Guarantor) |  | RenRe North America Holdings Inc. (Subsidiary Issuer) |  | Platinum Underwriters Finance, Inc. (Subsidiary Issuer) |  | RenaissanceRe Finance, Inc. (Subsidiary Issuer) |  | Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) |  | Consolidating Adjustments (2) |  | RenaissanceRe Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total investments | $ | 92,165 |  |  | $ | — |  |  | $ | 79,313 |  |  | $ | 291,674 |  |  | $ | — |  |  | $ | 8,220,901 |  |  | $ | — |  |  | $ | 8,684,053 |
Cash and cash equivalents | 4,885 |  |  | 63,257 |  |  | 329 |  |  | 1,229 |  |  | 451 |  |  | 487,467 |  |  | — |  |  | 557,618 |
Investments in subsidiaries | 4,548,612 |  |  | 1,398,517 |  |  | 270,948 |  |  | 611,015 |  |  | 830,466 |  |  | (2,839,998 | ) |  | (4,819,560 | ) |  | — |
Due from subsidiaries and affiliates | 135,592 |  |  | 29,934 |  |  | 25 |  |  | — |  |  | — |  |  | (29,934 | ) |  | (135,617 | ) |  | — |
Premiums receivable | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 866,418 |  |  | — |  |  | 866,418 |
Prepaid reinsurance premiums | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 233,062 |  |  | — |  |  | 233,062 |
Reinsurance recoverable | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 82,696 |  |  | — |  |  | 82,696 |
Accrued investment income | — |  |  | — |  |  | 87 |  |  | — |  |  | — |  |  | 40,496 |  |  | — |  |  | 40,583 |
Deferred acquisition costs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 184,168 |  |  | (38,115 | ) |  | 146,053 |
Receivable for investments sold | 12 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 121,518 |  |  | — |  |  | 121,530 |
Other assets | 120,981 |  |  | — |  |  | 31,813 |  |  | 2,966 |  |  | 120,095 |  |  | 215,240 |  |  | (217,244 | ) |  | 273,851 |
Goodwill and other intangible assets | 273,484 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,850 |  |  | — |  |  | 281,334 |
Total assets | $ | 5,175,731 |  |  | $ | 1,491,708 |  |  | $ | 382,515 |  |  | $ | 906,884 |  |  | $ | 951,012 |  |  | $ | 7,589,884 |  |  | $ | (5,210,536 | ) |  | $ | 11,287,198 |
Liabilities, Noncontrolling Interests and Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reserve for claims and claim expenses | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,760,402 |  |  | $ | 21,166 |  |  | $ | 2,781,568 |
Unearned premiums | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 983,137 |  |  | — |  |  | 983,137 |
Debt | 117,000 |  |  | — |  |  | 249,545 |  |  | 250,000 |  |  | 299,400 |  |  | — |  |  | (89,171 | ) |  | 826,774 |
Amounts due to subsidiaries and affiliates | 179,414 |  |  | 26,107 |  |  | 1,931 |  |  | 75 |  |  | 227 |  |  | (26,409 | ) |  | (181,345 | ) |  | — |
Reinsurance balances payable | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 495,045 |  |  | — |  |  | 495,045 |
Payable for investments purchased | — |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 217,984 |  |  | — |  |  | 217,986 |
Other liabilities | 97,028 |  |  | 1,086 |  |  | (1,097 | ) |  | 6,343 |  |  | 1,039 |  |  | 214,923 |  |  | (87,354 | ) |  | 231,968 |
Total liabilities | 393,442 |  |  | 27,193 |  |  | 250,381 |  |  | 256,418 |  |  | 300,666 |  |  | 4,645,082 |  |  | (336,704 | ) |  | 5,536,478 |
Redeemable noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 968,431 |  |  | — |  |  | 968,431 |
Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total shareholders’ equity | 4,782,289 |  |  | 1,464,515 |  |  | 132,134 |  |  | 650,466 |  |  | 650,346 |  |  | 1,976,371 |  |  | (4,873,832 | ) |  | 4,782,289 |
Total liabilities, noncontrolling interests and shareholders’ equity | $ | 5,175,731 |  |  | $ | 1,491,708 |  |  | $ | 382,515 |  |  | $ | 906,884 |  |  | $ | 951,012 |  |  | $ | 7,589,884 |  |  | $ | (5,210,536 | ) |  | $ | 11,287,198 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.
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 |  |  | 123,661 |  |  | (101,458 | ) |  | 135,845 |
Goodwill and other intangible assets | — |  |  | — |  |  | 7,902 |  |  | — |  |  | 7,902 |
Total assets | $ | 3,891,924 |  |  | $ | 162,365 |  |  | $ | 7,959,060 |  |  | $ | (3,809,799 | ) |  | $ | 8,203,550 |
Liabilities, Redeemable Noncontrolling Interest 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 interest | — |  |  | — |  |  | 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, redeemable noncontrolling interest 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 Statements of Operations and Comprehensive Income (Loss) |
Condensed Consolidating Statement of Operations for the three months ended March 31, 2015 | RenaissanceRe Holdings Ltd. (Parent Guarantor) |  | Platinum Underwriters Holdings, Ltd. (Subsidiary Guarantor) |  | RenRe North America Holdings Inc. (Subsidiary Issuer) |  | Platinum Underwriters Finance, Inc. (Subsidiary Issuer) |  | RenaissanceRe Finance, Inc. (Subsidiary Issuer) |  | Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) |  | Consolidating Adjustments (2) |  | RenaissanceRe Consolidated
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net premiums earned | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 296,760 |  |  | $ | — |  |  | $ | 296,760 |
Net investment income (loss) | 2,624 |  |  | — |  |  | 331 |  |  | (40 | ) |  | 36 |  |  | 37,730 |  |  | (974 | ) |  | 39,707 |
Net foreign exchange losses | (10 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (3,120 | ) |  | — |  |  | (3,130 | )
Equity in earnings of other ventures | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,295 |  |  | — |  |  | 5,295 |
Other income | 6,189 |  |  | 166 |  |  | — |  |  | — |  |  | — |  |  | 1,208 |  |  | (6,024 | ) |  | 1,539 |
Net realized and unrealized gains on investments | 39 |  |  | — |  |  | 406 |  |  | 1 |  |  | — |  |  | 41,303 |  |  | — |  |  | 41,749 |
Total revenues | 8,842 |  |  | 166 |  |  | 737 |  |  | (39 | ) |  | 36 |  |  | 379,176 |  |  | (6,998 | ) |  | 381,920 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 77,412 |  |  | (559 | ) |  | 76,853 |
Acquisition expenses | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 48,318 |  |  | (4,917 | ) |  | 43,401 |
Operational expenses | (1,178 | ) |  | 4,987 |  |  | 1,890 |  |  | 1 |  |  | — |  |  | 34,515 |  |  | 5,406 |  |  | 45,621 |
Corporate expenses | 16,304 |  |  | 8,182 |  |  | 98 |  |  | 35 |  |  | 7 |  |  | 21,007 |  |  | (35 | ) |  | 45,598 |
Interest expense | 295 |  |  | — |  |  | 3,617 |  |  | 1,563 |  |  | 216 |  |  | 594 |  |  | (1,034 | ) |  | 5,251 |
Total expenses | 15,421 |  |  | 13,169 |  |  | 5,605 |  |  | 1,599 |  |  | 223 |  |  | 181,846 |  |  | (1,139 | ) |  | 216,724 |
(Loss) income before equity in net income of subsidiaries and taxes | (6,579 | ) |  | (13,003 | ) |  | (4,868 | ) |  | (1,638 | ) |  | (187 | ) |  | 197,330 |  |  | (5,859 | ) |  | 165,196 |
Equity in net income (loss) of subsidiaries | 183,680 |  |  | (6,557 | ) |  | 17,399 |  |  | (2,146 | ) |  | (3,213 | ) |  | 11,916 |  |  | (201,079 | ) |  | — |
Income (loss) before taxes | 177,101 |  |  | (19,560 | ) |  | 12,531 |  |  | (3,784 | ) |  | (3,400 | ) |  | 209,246 |  |  | (206,938 | ) |  | 165,196 |
Income tax (expense) benefit | (3,663 | ) |  | — |  |  | 31,005 |  |  | 571 |  |  | 65 |  |  | 19,926 |  |  | — |  |  | 47,904 |
Net income (loss) | 173,438 |  |  | (19,560 | ) |  | 43,536 |  |  | (3,213 | ) |  | (3,335 | ) |  | 229,172 |  |  | (206,938 | ) |  | 213,100 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (39,662 | ) |  | — |  |  | (39,662 | )
Net income (loss) attributable to RenaissanceRe | 173,438 |  |  | (19,560 | ) |  | 43,536 |  |  | (3,213 | ) |  | (3,335 | ) |  | 189,510 |  |  | (206,938 | ) |  | 173,438 |
Dividends on preference shares | (5,595 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,595 | )
Net income (loss) attributable to RenaissanceRe common shareholders | $ | 167,843 |  |  | $ | (19,560 | ) |  | $ | 43,536 |  |  | $ | (3,213 | ) |  | $ | (3,335 | ) |  | $ | 189,510 |  |  | $ | (206,938 | ) |  | $ | 167,843 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Operations for the three months ended March 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 | $ | — |  |  | $ | — |  |  | $ | 286,534 |  |  | $ | — |  |  | $ | 286,534 |
Net investment income | 625 |  |  | 474 |  |  | 38,786 |  |  | (937 | ) |  | 38,948 |
Net foreign exchange gains (losses) | 1 |  |  | — |  |  | (1,062 | ) |  | — |  |  | (1,061 | )
Equity in earnings of other ventures | — |  |  | — |  |  | 4,199 |  |  | — |  |  | 4,199 |
Other (loss) income | — |  |  | (8 | ) |  | 70 |  |  | — |  |  | 62 |
Net realized and unrealized (losses) gains on investments | (106 | ) |  | 377 |  |  | 14,656 |  |  | — |  |  | 14,927 |
Total revenues | 520 |  |  | 843 |  |  | 343,183 |  |  | (937 | ) |  | 343,609 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 58,915 |  |  | — |  |  | 58,915 |
Acquisition expenses | — |  |  | — |  |  | 33,700 |  |  | — |  |  | 33,700 |
Operational expenses | (880 | ) |  | 1,894 |  |  | 41,688 |  |  | (78 | ) |  | 42,624 |
Corporate expenses | 4,002 |  |  | 59 |  |  | 484 |  |  | — |  |  | 4,545 |
Interest expense | — |  |  | 3,617 |  |  | 676 |  |  | — |  |  | 4,293 |
Total expenses | 3,122 |  |  | 5,570 |  |  | 135,463 |  |  | (78 | ) |  | 144,077 |
(Loss) income before equity in net income of subsidiaries and taxes | (2,602 | ) |  | (4,727 | ) |  | 207,720 |  |  | (859 | ) |  | 199,532 |
Equity in net income of subsidiaries | 159,200 |  |  | 853 |  |  | — |  |  | (160,053 | ) |  | — |
Income (loss) before taxes | 156,598 |  |  | (3,874 | ) |  | 207,720 |  |  | (160,912 | ) |  | 199,532 |
Income tax benefit (expense) | — |  |  | 684 |  |  | (850 | ) |  | — |  |  | (166 | )
Net income (loss) | 156,598 |  |  | (3,190 | ) |  | 206,870 |  |  | (160,912 | ) |  | 199,366 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (42,768 | ) |  | — |  |  | (42,768 | )
Net income (loss) attributable to RenaissanceRe | 156,598 |  |  | (3,190 | ) |  | 164,102 |  |  | (160,912 | ) |  | 156,598 |
Dividends on preference shares | (5,595 | ) |  | — |  |  | — |  |  | — |  |  | (5,595 | )
Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ | 151,003 |  |  | $ | (3,190 | ) |  | $ | 164,102 |  |  | $ | (160,912 | ) |  | $ | 151,003 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income (Loss) |
Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended March 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) | $ | 156,598 |  |  | $ | (3,190 | ) |  | $ | 206,870 |  |  | $ | (160,912 | ) |  | $ | 199,366 |
Change in net unrealized gains on investments | — |  |  | — |  |  | (168 | ) |  | — |  |  | (168 | )
Comprehensive income (loss) | 156,598 |  |  | (3,190 | ) |  | 206,702 |  |  | (160,912 | ) |  | 199,198 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (42,768 | ) |  | — |  |  | (42,768 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (42,768 | ) |  | — |  |  | (42,768 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 156,598 |  |  | $ | (3,190 | ) |  | $ | 163,934 |  |  | $ | (160,912 | ) |  | $ | 156,430 |
(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 three months ended March 31, 2015 | RenaissanceRe Holdings Ltd. (Parent Guarantor) |  | Platinum Underwriters Holdings, Ltd. (Subsidiary Guarantor) |  | RenRe North America Holdings Inc. (Subsidiary Issuer) |  | Platinum Underwriters Finance, Inc. (Subsidiary Issuer) |  | RenaissanceRe Finance, 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) | $ | 173,438 |  |  | $ | (19,560 | ) |  | $ | 43,536 |  |  | $ | (3,213 | ) |  | $ | (3,335 | ) |  | $ | 229,172 |  |  | $ | (206,938 | ) |  | $ | 213,100 |
Change in net unrealized gains on investments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (74 | ) |  | — |  |  | (74 | )
Comprehensive income (loss) | 173,438 |  |  | (19,560 | ) |  | 43,536 |  |  | (3,213 | ) |  | (3,335 | ) |  | 229,098 |  |  | (206,938 | ) |  | 213,026 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (39,662 | ) |  | — |  |  | (39,662 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (39,662 | ) |  | — |  |  | (39,662 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 173,438 |  |  | $ | (19,560 | ) |  | $ | 43,536 |  |  | $ | (3,213 | ) |  | $ | (3,335 | ) |  | $ | 189,436 |  |  | $ | (206,938 | ) |  | $ | 173,364 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statements Of Cash Flows |
Condensed Consolidating Statement of Cash Flows for the three months ended March 31, 2015 | RenaissanceRe Holdings Ltd. (Parent Guarantor) |  | Platinum Underwriters Holdings, Ltd. (Subsidiary Guarantor) |  | RenRe North America Holdings Inc. (Subsidiary Issuer) |  | Platinum Underwriters Finance, Inc. (Subsidiary Issuer) |  | RenaissanceRe Finance, 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 | $ | (32,160 | ) |  | $ | 837 |  |  | $ | (13,573 | ) |  | $ | (295 | ) |  | $ | (118,949 | ) |  | $ | 45,535 |  |  | $ | (118,605 | )
Cash flows (used in) provided by investing activities |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | — |  |  | — |  |  | 5,007 |  |  | 45,029 |  |  | — |  |  | 2,025,642 |  |  | 2,075,678 |
Purchases of fixed maturity investments trading | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,490,123 | ) |  | (1,490,123 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,757 |  |  | 1,757 |
Net sales of equity investments trading | — |  |  | — |  |  | 13,763 |  |  | — |  |  | — |  |  | 36,864 |  |  | 50,627 |
Net sales (purchases) of short term investments | 44,839 |  |  | — |  |  | (5,848 | ) |  | (45,042 | ) |  | — |  |  | 118,846 |  |  | 112,795 |
Net purchases of other investments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (7,952 | ) |  | (7,952 | )
Net purchases of investments in other ventures | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (126 | ) |  | (126 | )
Net purchases of other assets | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (2,500 | ) |  | (2,500 | )
Dividends and return of capital from subsidiaries | 641,434 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (641,434 | ) |  | — |
Contributions to subsidiaries | 148,674 |  |  | — |  |  | (1,753 | ) |  | — |  |  | (180,000 | ) |  | 33,079 |  |  | — |
Due to (from) subsidiary | 3,306 |  |  | — |  |  | 1,700 |  |  | — |  |  | — |  |  | (5,006 | ) |  | — |
Net purchase of Platinum | (904,433 | ) |  | 62,420 |  |  | — |  |  | 1,537 |  |  | — |  |  | 162,324 |  |  | (678,152 | )
Net cash (used in) provided by investing activities | (66,180 | ) |  | 62,420 |  |  | 12,869 |  |  | 1,524 |  |  | (180,000 | ) |  | 231,371 |  |  | 62,004 |
Cash flows provided by (used in) financing activities |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (13,720 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (13,720 | )
Dividends paid – preference shares | (5,595 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,595 | )
RenaissanceRe common share repurchases | (446 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (446 | )
Net issuance (repayment) of debt | 117,000 |  |  | — |  |  | — |  |  | — |  |  | 299,400 |  |  | (118,577 | ) |  | 297,823 |
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (180,285 | ) |  | (180,285 | )
Net cash provided by (used in) financing activities | 97,239 |  |  | — |  |  | — |  |  | — |  |  | 299,400 |  |  | (298,862 | ) |  | 97,777 |
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (9,142 | ) |  | (9,142 | )
Net (decrease) increase in cash and cash equivalents | (1,101 | ) |  | 63,257 |  |  | (704 | ) |  | 1,229 |  |  | 451 |  |  | (31,098 | ) |  | 32,034 |
Cash and cash equivalents, beginning of period | 5,986 |  |  | — |  |  | 1,033 |  |  | — |  |  | — |  |  | 518,565 |  |  | 525,584 |
Cash and cash equivalents, end of period | $ | 4,885 |  |  | $ | 63,257 |  |  | $ | 329 |  |  | $ | 1,229 |  |  | $ | 451 |  |  | $ | 487,467 |  |  | $ | 557,618 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the three months ended March 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 (used in) provided by operating activities |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (17,579 | ) |  | $ | (8,334 | ) |  | $ | 72,552 |  |  | $ | 46,639 |
Cash flows provided by investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | — |  |  | 5,353 |  |  | 1,990,682 |  |  | 1,996,035 |
Purchases of fixed maturity investments trading | (74,733 | ) |  | — |  |  | (1,694,263 | ) |  | (1,768,996 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 4,090 |  |  | 4,090 |
Net purchases (sales) of equity investments trading | — |  |  | (370 | ) |  | 91 |  |  | (279 | )
Net sales (purchases) of short term investments | 79,551 |  |  | 175 |  |  | (12,413 | ) |  | 67,313 |
Net sales of other investments | — |  |  | — |  |  | 2,116 |  |  | 2,116 |
Net sales of investments in other ventures | — |  |  | — |  |  | 915 |  |  | 915 |
Dividends and return of capital from subsidiaries | 142,423 |  |  | 2,701 |  |  | (145,124 | ) |  | — |
Contributions to subsidiaries | 136,421 |  |  | (1,950 | ) |  | (134,471 | ) |  | — |
Due to (from) subsidiaries | 8,630 |  |  | (971 | ) |  | (7,659 | ) |  | — |
Net cash provided by investing activities | 292,292 |  |  | 4,938 |  |  | 3,964 |  |  | 301,194 |
Cash flows used in financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (11,899 | ) |  | — |  |  | — |  |  | (11,899 | )
Dividends paid – preference shares | (5,595 | ) |  | — |  |  | — |  |  | (5,595 | )
RenaissanceRe common share repurchases | (262,736 | ) |  | — |  |  | — |  |  | (262,736 | )
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | (147,943 | ) |  | (147,943 | )
Net cash used in financing activities | (280,230 | ) |  | — |  |  | (147,943 | ) |  | (428,173 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | (529 | ) |  | (529 | )
Net decrease in cash and cash equivalents | (5,517 | ) |  | (3,396 | ) |  | (71,956 | ) |  | (80,869 | )
Cash and cash equivalents, beginning of period | 8,796 |  |  | 4,027 |  |  | 395,209 |  |  | 408,032 |
Cash and cash equivalents, end of period | $ | 3,279 |  |  | $ | 631 |  |  | $ | 323,253 |  |  | $ | 327,163 |
(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

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