XML 44 R31.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

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:




		Three months ended
	(thousands of shares)	March 31, 2015				March 31, 2014
	Numerator:
	Net income available to RenaissanceRe common shareholders	$	167,843			$	151,003
	Amount allocated to participating common shareholders (1)	(2,025		)		(2,031		)
	Net income allocated to RenaissanceRe common shareholders	$	165,818			$	148,972
	Denominator:
	Denominator for basic income per RenaissanceRe common share - weighted average common shares	39,631				41,238
	Per common share equivalents of employee stock options and restricted shares	390				665
	Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions	40,021				41,903
	Net income available to RenaissanceRe common shareholders per common share – basic	$	4.18			$	3.61
	Net income available to RenaissanceRe common shareholders per common share – diluted	$	4.14			$	3.56


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