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Debt and Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
A summary of the Company’s debt obligations on its consolidated balance sheets is set forth below:
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
December 31, 2014
 
 
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
 
3.700% Senior Notes due 2025
$
287,100

 
$
299,445

 
$

 
$

 
 
5.75% Senior Notes due 2020
270,000

 
249,614

 
279,000

 
249,522

 
 
Series B 7.50% Senior Notes due 2017
267,500

 
268,196

 

 

 
 
4.750% Senior Notes due 2025 (DaVinciRe)
148,742

 
148,824

 

 

 
 
 
$
973,342

 
$
966,079

 
$
279,000

 
$
249,522

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

 
 
Uncommitted Standby Letter of Credit Facility with Wells Fargo
163,264

 
 
Uncommitted Standby Letter of Credit Facility with NAB

 
 
Bilateral Letter of Credit Facility with Citibank Europe
180,001

 
 
Funds at Lloyd’s Letter of Credit Facilities with Citibank Europe
 
 
 
Renaissance Reinsurance
360,000

 
 
RenaissanceRe Specialty Risks
8,861

 
 
Total credit facilities in U.S. dollars
$
712,126

 
 
 
 
 
 
Funds at Lloyd’s Letter of Credit Facilities
 
 
 
Renaissance Reinsurance Master Reimbursement Agreement
£
85,000

 
 
Total credit facilities in pound sterling
£
85,000

 
 
 
 
 
Schedule of Aggregate Amount of Maturities Related to the Company's Debt Obligations
The following table sets forth the scheduled maturity of the Company’s aggregate amount of its debt obligation reflected on its consolidated balance sheet at December 31, 2015:
 
 
 
 
 
2016
$

 
 
2017
250,000

 
 
2018

 
 
2019

 
 
2020
250,000

 
 
After 2020
450,000

 
 
Unamortized fair value adjustments
18,196

 
 
Unamortized discount on debt issuance
(2,117
)
 
 
 
$
966,079