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Debt and Credit Facilities (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Schedule Debt Obligations
A summary of the Company’s debt obligations on its consolidated balance sheets is set forth below:
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2015
 
December 31, 2014
 
 
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
 
3.700% Senior Notes due 2025
$
300,450

 
$
299,400

 
$

 
$

 
 
5.75% Senior Notes due 2020
285,000

 
249,545

 
279,000

 
249,522

 
 
Series B 7.50% Senior Notes due 2017
278,116

 
277,829

 

 

 
 
 
$
863,566

 
$
826,774

 
$
279,000

 
$
249,522

 
 
 
 
 
 
 
 
 
 
 
Schedule of Credit Facilities
A summary of the Company’s credit facilities is set forth below:
 
 
 
 
 
At March 31, 2015
Issued or Drawn
 
 
RenaissanceRe Revolving Credit Facility
$

 
 
Uncommitted Standby Letter of Credit Facility with Wells Fargo
73,584

 
 
Bilateral Letter of Credit Facility with Citibank Europe
139,463

 
 
Funds at Lloyd’s Letter of Credit Facilities
 
 
 
Renaissance Reinsurance Master Reimbursement Agreement
300,000

 
 
Specialty Risks Master Agreement
8,609

 
 
Platinum Syndicated Letter of Credit Facility
88,833

 
 
Platinum Letter of Credit Facility with NAB and ING
6,931

 
 
Total credit facilities in U.S. dollars
$
617,420

 
 
 
 
 
 
Funds at Lloyd’s Letter of Credit Facilities
 
 
 
Renaissance Reinsurance Master Reimbursement Agreement
£
70,000

 
 
Total credit facilities in pound sterling
£
70,000