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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows used in operating activities    
Net income $ 178,181 $ 213,100
Adjustments to reconcile net income to net cash used in operating activities    
Amortization, accretion and depreciation 8,752 4,813
Equity in undistributed earnings of other ventures (415) (3,676)
Net realized and unrealized gains on investments (61,653) (41,749)
Net unrealized losses (gains) included in net investment income 15,362 (4,885)
Change in:    
Premiums receivable (316,107) (193,690)
Prepaid reinsurance premiums (214,283) (130,801)
Reinsurance recoverable (32,702) (12,274)
Deferred acquisition costs (87,911) (35,914)
Reserve for claims and claim expenses 44,478 (28,787)
Unearned premiums 372,352 238,075
Reinsurance balances payable 94,370 35,995
Other (10,131) (158,812)
Net cash used in operating activities (9,707) (118,605)
Cash flows provided by investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 2,540,073 2,075,678
Purchases of fixed maturity investments trading (2,656,283) (1,490,123)
Proceeds from sales and maturities of fixed maturity investments available for sale 3,662 1,757
Net sales of equity investments trading 119,369 50,627
Net sales of short term investments 134,009 112,795
Net purchases of other investments (39,698) (7,952)
Net purchases of investments in other ventures 0 (126)
Net purchases of other assets 0 (2,500)
Net purchase of Platinum 0 (678,152)
Net cash provided by investing activities 101,132 62,004
Cash flows (used in) provided by financing activities    
Dividends paid – RenaissanceRe common shares (13,285) (13,720)
Dividends paid – preference shares (5,595) (5,595)
RenaissanceRe common share repurchases (85,166) (446)
Issuance of debt, net of expenses 0 297,823
Net third party redeemable noncontrolling interest share transactions (50,374) (180,285)
Net cash (used in) provided by financing activities (154,420) 97,777
Effect of exchange rate changes on foreign currency cash 5,259 (9,142)
Net (decrease) increase in cash and cash equivalents (57,736) 32,034
Cash and cash equivalents, beginning of period 506,885 525,584
Cash and cash equivalents, end of period $ 449,149 $ 557,618