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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows provided by operating activities    
Net income $ 304,096 $ 361,792
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Amortization, accretion and depreciation 12,395 15,419
Equity in undistributed earnings of other ventures (6,822) (7,960)
Net realized and unrealized gains on investments (15,037) (42,055)
Net unrealized gains included in net investment income (3,238) (8,879)
Net unrealized losses (gains) included in other income (loss) 348 (2,220)
Change in:    
Premiums receivable (396,091) (363,029)
Prepaid reinsurance premiums (173,970) (201,831)
Reinsurance recoverable (66,042) 15,910
Deferred acquisition costs (63,269) (59,081)
Reserve for claims and claim expenses 37,293 (11,112)
Unearned premiums 410,534 451,635
Reinsurance balances payable 52,969 265,163
Other (122,536) (240,366)
Net cash (used in) provided by operating activities (29,370) 173,386
Cash flows (used in) provided by investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 4,761,975 4,020,174
Purchases of fixed maturity investments trading (4,596,118) (3,970,317)
Proceeds from sales and maturities of fixed maturity investments available for sale 5,000 5,114
Net purchases of equity investments trading (166,485) (11,146)
Net sales of short term investments 360,162 89,549
Net (purchases) sales of other investments (1,250) 68,684
Net (purchases) sales of investments in other ventures (45) 1,030
Net sales of other assets 4,500 6,000
Net purchase of Platinum (678,152) 0
Net cash (used in) provided by investing activities (310,413) 209,088
Cash flows provided by (used in) financing activities    
Dividends paid – RenaissanceRe common shares (27,479) (23,550)
Dividends paid – preference shares (11,191) (11,191)
RenaissanceRe common share repurchases (736) (314,536)
Issuance of debt, net of expenses 445,589 0
Net third party redeemable noncontrolling interest share transactions (187,064) (144,096)
Net cash provided by (used in) financing activities 219,119 (493,373)
Effect of exchange rate changes on foreign currency cash (6,830) (2,676)
Net decrease in cash and cash equivalents (127,494) (113,575)
Cash and cash equivalents, beginning of period 525,584 408,032
Cash and cash equivalents, end of period $ 398,090 $ 294,457