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Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables) | 12 Months Ended
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Dec. 31, 2015
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract] |
Condensed Consolidating Balance Sheet |
Condensed Consolidating Balance Sheet at December 31, 2015 | RenaissanceRe Holdings Ltd. (Parent 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 | $ | 349,892 |  |  | $ | 127,087 |  |  | $ | 205,777 |  |  | $ | — |  |  | $ | 8,316,312 |  |  | $ | — |  |  | $ | 8,999,068 |
Cash and cash equivalents | 10,185 |  |  | 5,908 |  |  | 7,103 |  |  | 677 |  |  | 483,012 |  |  | — |  |  | 506,885 |
Investments in subsidiaries | 3,902,519 |  |  | 48,754 |  |  | 867,909 |  |  | 1,185,736 |  |  | — |  |  | (6,004,918 | ) |  | — |
Due from subsidiaries and affiliates | 81,282 |  |  | 69,739 |  |  | — |  |  | — |  |  | — |  |  | (151,021 | ) |  | — |
Premiums receivable | — |  |  | — |  |  | — |  |  | — |  |  | 778,009 |  |  | — |  |  | 778,009 |
Prepaid reinsurance premiums | — |  |  | — |  |  | — |  |  | — |  |  | 230,671 |  |  | — |  |  | 230,671 |
Reinsurance recoverable | — |  |  | — |  |  | — |  |  | — |  |  | 134,526 |  |  | — |  |  | 134,526 |
Accrued investment income | 1,253 |  |  | 169 |  |  | 348 |  |  | — |  |  | 37,979 |  |  | — |  |  | 39,749 |
Deferred acquisition costs | — |  |  | — |  |  | — |  |  | — |  |  | 199,380 |  |  | — |  |  | 199,380 |
Receivable for investments sold | 26 |  |  | 1 |  |  | 68,537 |  |  | — |  |  | 152,270 |  |  | — |  |  | 220,834 |
Other assets | 390,302 |  |  | 29,532 |  |  | 12,852 |  |  | 119,328 |  |  | 125,927 |  |  | (491,346 | ) |  | 186,595 |
Goodwill and other intangible assets | 137,064 |  |  | — |  |  | — |  |  | — |  |  | 128,090 |  |  | — |  |  | 265,154 |
Total assets | $ | 4,872,523 |  |  | $ | 281,190 |  |  | $ | 1,162,526 |  |  | $ | 1,305,741 |  |  | $ | 10,586,176 |  |  | $ | (6,647,285 | ) |  | $ | 11,560,871 |
Liabilities, Noncontrolling Interests and Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |
Reserve for claims and claim expenses | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,767,045 |  |  | $ | — |  |  | $ | 2,767,045 |
Unearned premiums | — |  |  | — |  |  | — |  |  | — |  |  | 889,102 |  |  | — |  |  | 889,102 |
Debt | 117,000 |  |  | — |  |  | 268,196 |  |  | 549,059 |  |  | 148,824 |  |  | (117,000 | ) |  | 966,079 |
Amounts due to subsidiaries and affiliates | 2,641 |  |  | 202 |  |  | 204 |  |  | 68,204 |  |  | — |  |  | (71,251 | ) |  | — |
Reinsurance balances payable | — |  |  | — |  |  | — |  |  | — |  |  | 523,974 |  |  | — |  |  | 523,974 |
Payable for investments purchased | 999 |  |  | 6 |  |  | 25 |  |  | — |  |  | 390,348 |  |  | — |  |  | 391,378 |
Other liabilities | 19,699 |  |  | 1,148 |  |  | 6,620 |  |  | — |  |  | 222,320 |  |  | (4,642 | ) |  | 245,145 |
Total liabilities | 140,339 |  |  | 1,356 |  |  | 275,045 |  |  | 617,263 |  |  | 4,941,613 |  |  | (192,893 | ) |  | 5,782,723 |
Redeemable noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | 1,045,964 |  |  | — |  |  | 1,045,964 |
Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |
Total shareholders’ equity | 4,732,184 |  |  | 279,834 |  |  | 887,481 |  |  | 688,478 |  |  | 4,598,599 |  |  | (6,454,392 | ) |  | 4,732,184 |
Total liabilities, noncontrolling interests and shareholders’ equity | $ | 4,872,523 |  |  | $ | 281,190 |  |  | $ | 1,162,526 |  |  | $ | 1,305,741 |  |  | $ | 10,586,176 |  |  | $ | (6,647,285 | ) |  | $ | 11,560,871 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent 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 |  |  | 51,812 |  |  | — |  |  | (3,561,786 | ) |  | — |
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 |  |  | $ | 142,381 |  |  | $ | 7,959,060 |  |  | $ | (3,789,815 | ) |  | $ | 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 |  |  | 49,015 |  |  | — |  |  | (55,015 | ) |  | — |
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 |  |  | 302,550 |  |  | 2,933,841 |  |  | (56,473 | ) |  | 3,206,127 |
Redeemable noncontrolling interest | — |  |  | — |  |  | 1,131,708 |  |  | — |  |  | 1,131,708 |
Shareholders’ Equity |  |  |  |  |  |  |  |  |
Total shareholders’ equity | 3,865,715 |  |  | (160,169 | ) |  | 3,893,511 |  |  | (3,733,342 | ) |  | 3,865,715 |
Total liabilities, redeemable noncontrolling interest and shareholders’ equity | $ | 3,891,924 |  |  | $ | 142,381 |  |  | $ | 7,959,060 |  |  | $ | (3,789,815 | ) |  | $ | 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 Statement of Operations |
Condensed Consolidating Statement of Operations for the year ended December 31, 2015 | RenaissanceRe Holdings Ltd. (Parent 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 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,400,551 |  |  | $ | — |  |  | $ | 1,400,551 |
Net investment income | 15,391 |  |  | 1,251 |  |  | 4,063 |  |  | 996 |  |  | 144,642 |  |  | (13,776 | ) |  | 152,567 |
Net foreign exchange gains (losses) | 4 |  |  | — |  |  | — |  |  | — |  |  | (3,055 | ) |  | — |  |  | (3,051 | )
Equity in earnings of other ventures | — |  |  | — |  |  | — |  |  | — |  |  | 20,481 |  |  | — |  |  | 20,481 |
Other income | 663 |  |  | — |  |  | — |  |  | — |  |  | 13,472 |  |  | (663 | ) |  | 13,472 |
Net realized and unrealized (losses) gains on investments | (2,080 | ) |  | 566 |  |  | (2,600 | ) |  | — |  |  | (64,804 | ) |  | — |  |  | (68,918 | )
Total revenues | 13,978 |  |  | 1,817 |  |  | 1,463 |  |  | 996 |  |  | 1,511,287 |  |  | (14,439 | ) |  | 1,515,102 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | — |  |  | — |  |  | 448,238 |  |  | — |  |  | 448,238 |
Acquisition expenses | — |  |  | — |  |  | — |  |  | — |  |  | 238,592 |  |  | — |  |  | 238,592 |
Operational expenses | 4,249 |  |  | 4,561 |  |  | 3 |  |  | 2,503 |  |  | 207,802 |  |  | (6 | ) |  | 219,112 |
Corporate expenses | 40,808 |  |  | 312 |  |  | 3 |  |  | 360 |  |  | 35,631 |  |  | — |  |  | 77,114 |
Interest expense | 1,255 |  |  | 7,233 |  |  | 4,922 |  |  | 15,819 |  |  | 7,437 |  |  | (996 | ) |  | 35,670 |
Total expenses | 46,312 |  |  | 12,106 |  |  | 4,928 |  |  | 18,682 |  |  | 937,700 |  |  | (1,002 | ) |  | 1,018,726 |
(Loss) income before equity in net income of subsidiaries and taxes | (32,334 | ) |  | (10,289 | ) |  | (3,465 | ) |  | (17,686 | ) |  | 573,587 |  |  | (13,437 | ) |  | 496,376 |
Equity in net income of subsidiaries | 463,526 |  |  | 5,493 |  |  | 35,329 |  |  | 72,925 |  |  | — |  |  | (577,273 | ) |  | — |
Income (loss) before taxes | 431,192 |  |  | (4,796 | ) |  | 31,864 |  |  | 55,239 |  |  | 573,587 |  |  | (590,710 | ) |  | 496,376 |
Income tax benefit (expense) | — |  |  | 32,005 |  |  | 1,985 |  |  | 6,190 |  |  | 5,686 |  |  | — |  |  | 45,866 |
Net income | 431,192 |  |  | 27,209 |  |  | 33,849 |  |  | 61,429 |  |  | 579,273 |  |  | (590,710 | ) |  | 542,242 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (111,050 | ) |  | — |  |  | (111,050 | )
Net income attributable to RenaissanceRe | 431,192 |  |  | 27,209 |  |  | 33,849 |  |  | 61,429 |  |  | 468,223 |  |  | (590,710 | ) |  | 431,192 |
Dividends on preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (22,381 | )
Net income attributable to RenaissanceRe common shareholders | $ | 408,811 |  |  | $ | 27,209 |  |  | $ | 33,849 |  |  | $ | 61,429 |  |  | $ | 468,223 |  |  | $ | (590,710 | ) |  | $ | 408,811 |
(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 year ended 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
Revenues |  |  |  |  |  |  |  |  |
Net premiums earned | $ | — |  |  | $ | — |  |  | $ | 1,062,416 |  |  | $ | — |  |  | $ | 1,062,416 |
Net investment income | 2,706 |  |  | 1,765 |  |  | 123,582 |  |  | (3,737 | ) |  | 124,316 |
Net foreign exchange (losses) gains | (13 | ) |  | — |  |  | 6,273 |  |  | — |  |  | 6,260 |
Equity in earnings of other ventures | — |  |  | — |  |  | 26,075 |  |  | — |  |  | 26,075 |
Other loss | — |  |  | (7 | ) |  | (416 | ) |  | — |  |  | (423 | )
Net realized and unrealized gains on investments | 83 |  |  | 9,069 |  |  | 32,281 |  |  | — |  |  | 41,433 |
Total revenues | 2,776 |  |  | 10,827 |  |  | 1,250,211 |  |  | (3,737 | ) |  | 1,260,077 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 197,947 |  |  | — |  |  | 197,947 |
Acquisition expenses | — |  |  | — |  |  | 144,476 |  |  | — |  |  | 144,476 |
Operational expenses | (4,890 | ) |  | 7,004 |  |  | 188,857 |  |  | (332 | ) |  | 190,639 |
Corporate expenses | 20,787 |  |  | 238 |  |  | 1,962 |  |  | — |  |  | 22,987 |
Interest expense | — |  |  | 14,467 |  |  | 2,697 |  |  | — |  |  | 17,164 |
Total expenses | 15,897 |  |  | 21,709 |  |  | 535,939 |  |  | (332 | ) |  | 573,213 |
(Loss) income before equity in net income of subsidiaries and taxes | (13,121 | ) |  | (10,882 | ) |  | 714,272 |  |  | (3,405 | ) |  | 686,864 |
Equity in net income of subsidiaries | 545,839 |  |  | 6,491 |  |  | — |  |  | (552,330 | ) |  | — |
Income tax benefit (expense) | — |  |  | 4,064 |  |  | (4,672 | ) |  | — |  |  | (608 | )
Net income (loss) | 532,718 |  |  | (327 | ) |  | 709,600 |  |  | (555,735 | ) |  | 686,256 |
Net income attributable to noncontrolling interest | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Net income (loss) attributable to RenaissanceRe | 532,718 |  |  | (327 | ) |  | 556,062 |  |  | (555,735 | ) |  | 532,718 |
Dividends on preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | (22,381 | )
Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ | 510,337 |  |  | $ | (327 | ) |  | $ | 556,062 |  |  | $ | (555,735 | ) |  | $ | 510,337 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) | Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Operations for the year ended December 31, 2013 | 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 | $ | — |  |  | $ | — |  |  | $ | 1,114,626 |  |  | $ | — |  |  | $ | 1,114,626 |
Net investment income | 4,213 |  |  | 488 |  |  | 209,105 |  |  | (5,778 | ) |  | 208,028 |
Net foreign exchange (losses) gains | (7 | ) |  | (2 | ) |  | 1,926 |  |  | — |  |  | 1,917 |
Equity in earnings of other ventures | — |  |  | — |  |  | 23,194 |  |  | — |  |  | 23,194 |
Other income (loss) | 106 |  |  | (1,647 | ) |  | (818 | ) |  | — |  |  | (2,359 | )
Net realized and unrealized (losses) gains on investments | (483 | ) |  | 1,196 |  |  | 34,363 |  |  | — |  |  | 35,076 |
Total revenues | 3,829 |  |  | 35 |  |  | 1,382,396 |  |  | (5,778 | ) |  | 1,380,482 |
Expenses |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | 171,287 |  |  | — |  |  | 171,287 |
Acquisition expenses | — |  |  | — |  |  | 125,501 |  |  | — |  |  | 125,501 |
Operational expenses | (4,962 | ) |  | 7,566 |  |  | 189,117 |  |  | (616 | ) |  | 191,105 |
Corporate expenses | 31,264 |  |  | 338 |  |  | 2,020 |  |  | — |  |  | 33,622 |
Interest expense | 734 |  |  | 14,467 |  |  | 2,728 |  |  | — |  |  | 17,929 |
Total expenses | 27,036 |  |  | 22,371 |  |  | 490,653 |  |  | (616 | ) |  | 539,444 |
(Loss) income before equity in net earnings of subsidiaries and taxes | (23,207 | ) |  | (22,336 | ) |  | 891,743 |  |  | (5,162 | ) |  | 841,038 |
Equity in net earnings of subsidiaries | 713,831 |  |  | 41 |  |  | — |  |  | (713,872 | ) |  | — |
Income (loss) from continuing operations before taxes | 690,624 |  |  | (22,295 | ) |  | 891,743 |  |  | (719,034 | ) |  | 841,038 |
Income tax expense | — |  |  | (1,558 | ) |  | (134 | ) |  | — |  |  | (1,692 | )
Income (loss) from continuing operations | 690,624 |  |  | (23,853 | ) |  | 891,609 |  |  | (719,034 | ) |  | 839,346 |
Income from discontinued operations | — |  |  | — |  |  | 2,422 |  |  | — |  |  | 2,422 |
Net income (loss) | 690,624 |  |  | (23,853 | ) |  | 894,031 |  |  | (719,034 | ) |  | 841,768 |
Net income attributable to noncontrolling interest | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Net income (loss) attributable to RenaissanceRe | 690,624 |  |  | (23,853 | ) |  | 742,887 |  |  | (719,034 | ) |  | 690,624 |
Dividends on preference shares | (24,948 | ) |  | — |  |  | — |  |  | — |  |  | (24,948 | )
Net income (loss) available (attributable) to RenaissanceRe common shareholders | $ | 665,676 |  |  | $ | (23,853 | ) |  | $ | 742,887 |  |  | $ | (719,034 | ) |  | $ | 665,676 |
(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 |
Condensed Consolidating Statement of Comprehensive Income (Loss) for the year ended December 31, 2013 | 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) | $ | 690,624 |  |  | $ | (23,853 | ) |  | $ | 894,031 |  |  | $ | (719,034 | ) |  | $ | 841,768 |
Change in net unrealized gains on investments | — |  |  | — |  |  | (9,491 | ) |  | — |  |  | (9,491 | )
Comprehensive income (loss) | 690,624 |  |  | (23,853 | ) |  | 884,540 |  |  | (719,034 | ) |  | 832,277 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (151,144 | ) |  | — |  |  | (151,144 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 690,624 |  |  | $ | (23,853 | ) |  | $ | 733,396 |  |  | $ | (719,034 | ) |  | $ | 681,133 |
(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 year ended 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
Comprehensive income (loss) |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 532,718 |  |  | $ | (327 | ) |  | $ | 709,600 |  |  | $ | (555,735 | ) |  | $ | 686,256 |
Change in net unrealized gains on investments | — |  |  | — |  |  | (715 | ) |  | — |  |  | (715 | )
Comprehensive income (loss) | 532,718 |  |  | (327 | ) |  | 708,885 |  |  | (555,735 | ) |  | 685,541 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income (loss) available (attributable) to RenaissanceRe | $ | 532,718 |  |  | $ | (327 | ) |  | $ | 555,347 |  |  | $ | (555,735 | ) |  | $ | 532,003 |
(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 for the year ended December 31, 2015 | RenaissanceRe Holdings Ltd. (Parent 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 |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 431,192 |  |  | $ | 27,209 |  |  | $ | 33,849 |  |  | $ | 61,429 |  |  | $ | 579,273 |  |  | $ | (590,710 | ) |  | $ | 542,242 |
Change in net unrealized gains on investments | — |  |  | — |  |  | — |  |  | — |  |  | (1,308 | ) |  | — |  |  | (1,308 | )
Comprehensive income | 431,192 |  |  | 27,209 |  |  | 33,849 |  |  | 61,429 |  |  | 577,965 |  |  | (590,710 | ) |  | 540,934 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (111,050 | ) |  | — |  |  | (111,050 | )
Comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (111,050 | ) |  | — |  |  | (111,050 | )
Comprehensive income attributable to RenaissanceRe | $ | 431,192 |  |  | $ | 27,209 |  |  | $ | 33,849 |  |  | $ | 61,429 |  |  | $ | 466,915 |  |  | $ | (590,710 | ) |  | $ | 429,884 |
(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 Cash Flows |
Condensed Consolidating Statement of Cash Flows for the year ended December 31, 2015 | RenaissanceRe Holdings Ltd. (Parent 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 | $ | (39,213 | ) |  | $ | (9,201 | ) |  | $ | (6,830 | ) |  | $ | (17,871 | ) |  | $ | 487,852 |  |  | $ | 414,737 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 63,824 |  |  | 49,807 |  |  | 45,087 |  |  | — |  |  | 9,323,024 |  |  | 9,481,742 |
Purchases of fixed maturity investments trading | (161,183 | ) |  | (59,040 | ) |  | — |  |  | — |  |  | (9,462,845 | ) |  | (9,683,068 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | — |  |  | — |  |  | 8,688 |  |  | 8,688 |
Net sales (purchases) of equity investments trading | — |  |  | 33,693 |  |  | (269,244 | ) |  | — |  |  | 87,993 |  |  | (147,558 | )
Net (purchases) sales of short term investments | (116,461 | ) |  | (63,305 | ) |  | 238,177 |  |  | — |  |  | 610,705 |  |  | 669,116 |
Net sales of other investments | — |  |  | — |  |  | — |  |  | — |  |  | 15,843 |  |  | 15,843 |
Net purchases of investments in other ventures | — |  |  | — |  |  | — |  |  | — |  |  | (10,150 | ) |  | (10,150 | )
Net sales of other assets | — |  |  | — |  |  | — |  |  | — |  |  | 4,500 |  |  | 4,500 |
Dividends and return of capital from subsidiaries | 1,584,624 |  |  | 180,000 |  |  | 65,000 |  |  | 87,553 |  |  | (1,917,177 | ) |  | — |
Contributions to subsidiaries | (294,733 | ) |  | (8,550 | ) |  | (66,753 | ) |  | (185,000 | ) |  | 555,036 |  |  | — |
Due to (from) subsidiary | 207,996 |  |  | (118,529 | ) |  | 129 |  |  | (183,405 | ) |  | 93,809 |  |  | — |
Net purchase of Platinum | (904,433 | ) |  | — |  |  | 1,537 |  |  | — |  |  | 224,744 |  |  | (678,152 | )
Net cash provided by (used in) investing activities | 379,634 |  |  | 14,076 |  |  | 13,933 |  |  | (280,852 | ) |  | (465,830 | ) |  | (339,039 | )
Cash flows (used in) provided by financing activities |  |  |  |  |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (53,967 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (53,967 | )
Dividends paid – preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (22,381 | )
RenaissanceRe common share repurchases | (259,874 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (259,874 | )
Issuance of debt | — |  |  | — |  |  | — |  |  | 299,400 |  |  | 146,189 |  |  | 445,589 |
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | — |  |  | — |  |  | (193,032 | ) |  | (193,032 | )
Net cash (used in) provided by financing activities | (336,222 | ) |  | — |  |  | — |  |  | 299,400 |  |  | (46,843 | ) |  | (83,665 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | — |  |  | — |  |  | (10,732 | ) |  | (10,732 | )
Net increase (decrease) in cash and cash equivalents | 4,199 |  |  | 4,875 |  |  | 7,103 |  |  | 677 |  |  | (35,553 | ) |  | (18,699 | )
Cash and cash equivalents, beginning of period | 5,986 |  |  | 1,033 |  |  | — |  |  | — |  |  | 518,565 |  |  | 525,584 |
Cash and cash equivalents, end of period | $ | 10,185 |  |  | $ | 5,908 |  |  | $ | 7,103 |  |  | $ | 677 |  |  | $ | 483,012 |  |  | $ | 506,885 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the year ended 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) |  | RenaissanceRe Consolidated
Cash flows provided by (used in) operating activities |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 429 |  |  | $ | (18,114 | ) |  | $ | 678,342 |  |  | $ | 660,657 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 88,273 |  |  | 20,487 |  |  | 7,573,813 |  |  | 7,682,573 |
Purchases of fixed maturity investments trading | (88,341 | ) |  | (14,969 | ) |  | (7,535,868 | ) |  | (7,639,178 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 7,088 |  |  | 7,088 |
Net sales (purchases) of equity investments trading | — |  |  | 13,761 |  |  | (33,764 | ) |  | (20,003 | )
Net sales (purchases) of short term investments | 73,717 |  |  | 225 |  |  | (28,919 | ) |  | 45,023 |
Net sales of other investments | — |  |  | — |  |  | 59,120 |  |  | 59,120 |
Net sales of investments in other ventures | — |  |  | — |  |  | 1,030 |  |  | 1,030 |
Net sales of other assets | — |  |  | — |  |  | 6,000 |  |  | 6,000 |
Dividends and return of capital from subsidiaries | 1,259,224 |  |  | 11,204 |  |  | (1,270,428 | ) |  | — |
Contributions to subsidiaries | (759,456 | ) |  | (1,949 | ) |  | 761,405 |  |  | — |
Due to (from) subsidiaries | 6,315 |  |  | (13,639 | ) |  | 7,324 |  |  | — |
Net cash provided by (used in) investing activities | 579,732 |  |  | 15,120 |  |  | (453,199 | ) |  | 141,653 |
Cash flows (used in) provided by financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (45,912 | ) |  | — |  |  | — |  |  | (45,912 | )
Dividends paid – preference shares | (22,381 | ) |  | — |  |  | — |  |  | (22,381 | )
RenaissanceRe common share repurchases | (514,678 | ) |  | — |  |  | — |  |  | (514,678 | )
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | (111,707 | ) |  | (111,707 | )
Net cash (used in) provided by financing activities | (582,971 | ) |  | — |  |  | (111,707 | ) |  | (694,678 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | 9,920 |  |  | 9,920 |
Net (decrease) increase in cash and cash equivalents | (2,810 | ) |  | (2,994 | ) |  | 123,356 |  |  | 117,552 |
Cash and cash equivalents, beginning of period | 8,796 |  |  | 4,027 |  |  | 395,209 |  |  | 408,032 |
Cash and cash equivalents, end of period | $ | 5,986 |  |  | $ | 1,033 |  |  | $ | 518,565 |  |  | $ | 525,584 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the year ended December 31, 2013 | 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 provided by (used in) operating activities | $ | (36,508 | ) |  | $ | (9,025 | ) |  | $ | 841,254 |  |  | $ | 795,721 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 880,749 |  |  | 185,143 |  |  | 7,185,513 |  |  | 8,251,405 |
Purchases of fixed maturity investments trading | (491,768 | ) |  | (160,422 | ) |  | (7,814,277 | ) |  | (8,466,467 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | 45,178 |  |  | 45,178 |
Net purchases of equity investments trading | — |  |  | (81,437 | ) |  | 48,382 |  |  | (33,055 | )
Net sales (purchases) of short term investments | 21,217 |  |  | 9,399 |  |  | (277,587 | ) |  | (246,971 | )
Net sales of other investments | — |  |  | — |  |  | 76,214 |  |  | 76,214 |
Net purchases of investments in other ventures | — |  |  | — |  |  | (4,000 | ) |  | (4,000 | )
Net sales of other assets | — |  |  | — |  |  | 2,181 |  |  | 2,181 |
Dividends and return of capital from subsidiaries | 504,241 |  |  | 10,302 |  |  | (514,543 | ) |  | — |
Contributions to subsidiaries | (500,652 | ) |  | (23,821 | ) |  | 524,473 |  |  | — |
Due (from) to subsidiary | 15,988 |  |  | 57,155 |  |  | (73,143 | ) |  | — |
Net payments related to sale of discontinued operations | — |  |  | — |  |  | 60,000 |  |  | 60,000 |
Net cash provided by (used in) investing activities | 429,775 |  |  | (3,681 | ) |  | (741,609 | ) |  | (315,515 | )
Cash flows (used in) provided by financing activities |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (49,267 | ) |  | — |  |  | — |  |  | (49,267 | )
Dividends paid – preference shares | (24,948 | ) |  | — |  |  | — |  |  | (24,948 | )
RenaissanceRe common share repurchases | (207,410 | ) |  | — |  |  | — |  |  | (207,410 | )
Net repayment of debt | (100,000 | ) |  | — |  |  | (2,436 | ) |  | (102,436 | )
Redemption of 6.08% Series C preference shares | (125,000 | ) |  | — |  |  | — |  |  | (125,000 | )
Redemption of 6.60% Series D preference shares | (150,000 | ) |  | — |  |  | — |  |  | (150,000 | )
Issuance of 5.375% Series E preference shares, net of expenses | 265,856 |  |  | — |  |  | — |  |  | 265,856 |
Contribution of capital from parent | — |  |  | 15,205 |  |  | (15,205 | ) |  | — |
Third party investment in noncontrolling interest | — |  |  | — |  |  | (5,750 | ) |  | (5,750 | )
Net cash (used in) provided by financing activities | (390,769 | ) |  | 15,205 |  |  | (23,391 | ) |  | (398,955 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | 1,423 |  |  | 1,423 |
Net increase in cash and cash equivalents | 2,498 |  |  | 2,499 |  |  | 77,677 |  |  | 82,674 |
Net decrease in cash and cash equivalents of discontinued operations | — |  |  | — |  |  | 21,213 |  |  | 21,213 |
Cash and cash equivalents, beginning of year | 6,298 |  |  | 1,528 |  |  | 296,319 |  |  | 304,145 |
Cash and cash equivalents, end of year | $ | 8,796 |  |  | $ | 4,027 |  |  | $ | 395,209 |  |  | $ | 408,032 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

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