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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, 2016
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract] |
Condensed Consolidating Balance Sheet |
Condensed Consolidating Balance Sheet at December 31, 2016 | 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 | $ | 387,274 |  |  | $ | 119,163 |  |  | $ | 267,556 |  |  | $ | 45,027 |  |  | $ | 8,497,948 |  |  | $ | — |  |  | $ | 9,316,968 |
Cash and cash equivalents | 7,067 |  |  | 162 |  |  | 6,671 |  |  | 9,397 |  |  | 397,860 |  |  | — |  |  | 421,157 |
Investments in subsidiaries | 4,074,769 |  |  | 34,761 |  |  | 843,089 |  |  | 1,165,413 |  |  | — |  |  | (6,118,032 | ) |  | — |
Due from subsidiaries and affiliates | 7,413 |  |  | 91,892 |  |  | — |  |  | — |  |  | — |  |  | (99,305 | ) |  | — |
Premiums receivable | — |  |  | — |  |  | — |  |  | — |  |  | 987,323 |  |  | — |  |  | 987,323 |
Prepaid reinsurance premiums | — |  |  | — |  |  | — |  |  | — |  |  | 441,260 |  |  | — |  |  | 441,260 |
Reinsurance recoverable | — |  |  | — |  |  | — |  |  | — |  |  | 279,564 |  |  | — |  |  | 279,564 |
Accrued investment income | 105 |  |  | 289 |  |  | 551 |  |  | 106 |  |  | 37,025 |  |  | — |  |  | 38,076 |
Deferred acquisition costs | — |  |  | — |  |  | — |  |  | — |  |  | 335,325 |  |  | — |  |  | 335,325 |
Receivable for investments sold | 136 |  |  | 2 |  |  | 99 |  |  | 45 |  |  | 105,559 |  |  | — |  |  | 105,841 |
Other assets | 410,757 |  |  | 37,204 |  |  | 4,689 |  |  | 127,572 |  |  | 118,098 |  |  | (522,938 | ) |  | 175,382 |
Goodwill and other intangible assets | 130,407 |  |  | — |  |  | — |  |  | — |  |  | 120,779 |  |  | — |  |  | 251,186 |
Total assets | $ | 5,017,928 |  |  | $ | 283,473 |  |  | $ | 1,122,655 |  |  | $ | 1,347,560 |  |  | $ | 11,320,741 |  |  | $ | (6,740,275 | ) |  | $ | 12,352,082 |
Liabilities, Noncontrolling Interests and Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |
Reserve for claims and claim expenses | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,848,294 |  |  | $ | — |  |  | $ | 2,848,294 |
Unearned premiums | — |  |  | — |  |  | — |  |  | — |  |  | 1,231,573 |  |  | — |  |  | 1,231,573 |
Debt | 117,000 |  |  | — |  |  | 255,352 |  |  | 545,889 |  |  | 147,422 |  |  | (117,000 | ) |  | 948,663 |
Amounts due to subsidiaries and affiliates | 14,644 |  |  | 42 |  |  | 123 |  |  | 96,061 |  |  | — |  |  | (110,870 | ) |  | — |
Reinsurance balances payable | — |  |  | — |  |  | — |  |  | — |  |  | 673,983 |  |  | — |  |  | 673,983 |
Payable for investments purchased | — |  |  | — |  |  | — |  |  | — |  |  | 305,714 |  |  | — |  |  | 305,714 |
Other liabilities | 19,707 |  |  | 10,544 |  |  | — |  |  | 13,350 |  |  | 270,610 |  |  | (12,527 | ) |  | 301,684 |
Total liabilities | 151,351 |  |  | 10,586 |  |  | 255,475 |  |  | 655,300 |  |  | 5,477,596 |  |  | (240,397 | ) |  | 6,309,911 |
Redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | 1,175,594 |  |  | — |  |  | 1,175,594 |
Shareholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |
Total shareholders’ equity | 4,866,577 |  |  | 272,887 |  |  | 867,180 |  |  | 692,260 |  |  | 4,667,551 |  |  | (6,499,878 | ) |  | 4,866,577 |
Total liabilities, noncontrolling interests and shareholders’ equity | $ | 5,017,928 |  |  | $ | 283,473 |  |  | $ | 1,122,655 |  |  | $ | 1,347,560 |  |  | $ | 11,320,741 |  |  | $ | (6,740,275 | ) |  | $ | 12,352,082 |
(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, 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 |  |  | 115,456 |  |  | 124,215 |  |  | (491,346 | ) |  | 181,011 |
Goodwill and other intangible assets | 137,064 |  |  | — |  |  | — |  |  | — |  |  | 128,090 |  |  | — |  |  | 265,154 |
Total assets | $ | 4,872,523 |  |  | $ | 281,190 |  |  | $ | 1,162,526 |  |  | $ | 1,301,869 |  |  | $ | 10,584,464 |  |  | $ | (6,647,285 | ) |  | $ | 11,555,287 |
Liabilities, Redeemable Noncontrolling Interest 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 |  |  | 545,187 |  |  | 147,112 |  |  | (117,000 | ) |  | 960,495 |
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 |  |  | 613,391 |  |  | 4,939,901 |  |  | (192,893 | ) |  | 5,777,139 |
Redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | 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, redeemable noncontrolling interest and shareholders’ equity | $ | 4,872,523 |  |  | $ | 281,190 |  |  | $ | 1,162,526 |  |  | $ | 1,301,869 |  |  | $ | 10,584,464 |  |  | $ | (6,647,285 | ) |  | $ | 11,555,287 |
(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, 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 |  |  | 1,724 |  |  | — |  |  | 22,749 |
Interest expense | — |  |  | 14,467 |  |  | 2,935 |  |  | — |  |  | 17,402 |
Total expenses | 15,897 |  |  | 21,709 |  |  | 535,939 |  |  | (332 | ) |  | 573,213 |
(Loss) income before equity in net earnings of subsidiaries and taxes | (13,121 | ) |  | (10,882 | ) |  | 714,272 |  |  | (3,405 | ) |  | 686,864 |
Equity in net earnings of subsidiaries | 545,839 |  |  | 6,491 |  |  | — |  |  | (552,330 | ) |  | — |
Income (loss) before taxes | 532,718 |  |  | (4,391 | ) |  | 714,272 |  |  | (555,735 | ) |  | 686,864 |
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 redeemable noncontrolling interests | — |  |  | — |  |  | (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 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 redeemable noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income (loss) attributable to RenaissanceRe | $ | 532,718 |  |  | $ | (327 | ) |  | $ | 555,347 |  |  | $ | (555,735 | ) |  | $ | 532,003 |
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 |  |  | — |  |  | 35,391 |  |  | — |  |  | 76,514 |
Interest expense | 1,255 |  |  | 7,233 |  |  | 4,922 |  |  | 16,179 |  |  | 7,677 |  |  | (996 | ) |  | 36,270 |
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 | — |  |  | 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 redeemable 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 available 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 and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Operations for the year ended December 31, 2016 | 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 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,403,430 |  |  | $ | — |  |  | $ | 1,403,430 |
Net investment income | 24,178 |  |  | 1,852 |  |  | 3,989 |  |  | 569 |  |  | 175,407 |  |  | (24,269 | ) |  | 181,726 |
Net foreign exchange losses | (2 | ) |  | — |  |  | — |  |  | — |  |  | (13,786 | ) |  | — |  |  | (13,788 | )
Equity in earnings of other ventures | — |  |  | — |  |  | — |  |  | — |  |  | 963 |  |  | — |  |  | 963 |
Other (loss) income | (772 | ) |  | — |  |  | — |  |  | — |  |  | 14,950 |  |  | — |  |  | 14,178 |
Net realized and unrealized gains on investments | 4,151 |  |  | 4,659 |  |  | 8,193 |  |  | 46 |  |  | 124,279 |  |  | — |  |  | 141,328 |
Total revenues | 27,555 |  |  | 6,511 |  |  | 12,182 |  |  | 615 |  |  | 1,705,243 |  |  | (24,269 | ) |  | 1,727,837 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |
Net claims and claim expenses incurred | — |  |  | — |  |  | — |  |  | — |  |  | 530,831 |  |  | — |  |  | 530,831 |
Acquisition expenses | — |  |  | — |  |  | — |  |  | — |  |  | 289,323 |  |  | — |  |  | 289,323 |
Operational expenses | 13,716 |  |  | (112 | ) |  | 296 |  |  | 22,152 |  |  | 176,041 |  |  | (14,344 | ) |  | 197,749 |
Corporate expenses | 26,848 |  |  | 203 |  |  | — |  |  | 7 |  |  | 10,344 |  |  | — |  |  | 37,402 |
Interest expense | 562 |  |  | — |  |  | 5,906 |  |  | 26,176 |  |  | 10,062 |  |  | (562 | ) |  | 42,144 |
Total expenses | 41,126 |  |  | 91 |  |  | 6,202 |  |  | 48,335 |  |  | 1,016,601 |  |  | (14,906 | ) |  | 1,097,449 |
(Loss) income before equity in net income of subsidiaries and taxes | (13,571 | ) |  | 6,420 |  |  | 5,980 |  |  | (47,720 | ) |  | 688,642 |  |  | (9,363 | ) |  | 630,388 |
Equity in net income of subsidiaries | 516,533 |  |  | 3,857 |  |  | 25,073 |  |  | 38,628 |  |  | — |  |  | (584,091 | ) |  | — |
Income (loss) before taxes | 502,962 |  |  | 10,277 |  |  | 31,053 |  |  | (9,092 | ) |  | 688,642 |  |  | (593,454 | ) |  | 630,388 |
Income tax (expense) benefit | — |  |  | (2,275 | ) |  | (1,462 | ) |  | 11,014 |  |  | (7,617 | ) |  | — |  |  | (340 | )
Net income | 502,962 |  |  | 8,002 |  |  | 29,591 |  |  | 1,922 |  |  | 681,025 |  |  | (593,454 | ) |  | 630,048 |
Net income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (127,086 | ) |  | — |  |  | (127,086 | )
Net income attributable to RenaissanceRe | 502,962 |  |  | 8,002 |  |  | 29,591 |  |  | 1,922 |  |  | 553,939 |  |  | (593,454 | ) |  | 502,962 |
Dividends on preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (22,381 | )
Net income attributable to RenaissanceRe common shareholders | $ | 480,581 |  |  | $ | 8,002 |  |  | $ | 29,591 |  |  | $ | 1,922 |  |  | $ | 553,939 |  |  | $ | (593,454 | ) |  | $ | 480,581 |
(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 Comprehensive Income for year ended December 31, 2016 | 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 | $ | 502,962 |  |  | $ | 8,002 |  |  | $ | 29,591 |  |  | $ | 1,922 |  |  | $ | 681,025 |  |  | $ | (593,454 | ) |  | $ | 630,048 |
Change in net unrealized gains on investments | — |  |  | — |  |  | — |  |  | — |  |  | (975 | ) |  | — |  |  | (975 | )
Comprehensive income | 502,962 |  |  | 8,002 |  |  | 29,591 |  |  | 1,922 |  |  | 680,050 |  |  | (593,454 | ) |  | 629,073 |
Net income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (127,086 | ) |  | — |  |  | (127,086 | )
Comprehensive income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (127,086 | ) |  | — |  |  | (127,086 | )
Comprehensive income attributable to RenaissanceRe | $ | 502,962 |  |  | $ | 8,002 |  |  | $ | 29,591 |  |  | $ | 1,922 |  |  | $ | 552,964 |  |  | $ | (593,454 | ) |  | $ | 501,987 |
Condensed Consolidating Statement of Comprehensive Income |
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 redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (111,050 | ) |  | — |  |  | (111,050 | )
Comprehensive income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (111,050 | ) |  | — |  |  | (111,050 | )
Comprehensive income available 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 and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Statement of Comprehensive Income for year ended December 31, 2016 | 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 | $ | 502,962 |  |  | $ | 8,002 |  |  | $ | 29,591 |  |  | $ | 1,922 |  |  | $ | 681,025 |  |  | $ | (593,454 | ) |  | $ | 630,048 |
Change in net unrealized gains on investments | — |  |  | — |  |  | — |  |  | — |  |  | (975 | ) |  | — |  |  | (975 | )
Comprehensive income | 502,962 |  |  | 8,002 |  |  | 29,591 |  |  | 1,922 |  |  | 680,050 |  |  | (593,454 | ) |  | 629,073 |
Net income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (127,086 | ) |  | — |  |  | (127,086 | )
Comprehensive income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | (127,086 | ) |  | — |  |  | (127,086 | )
Comprehensive income attributable to RenaissanceRe | $ | 502,962 |  |  | $ | 8,002 |  |  | $ | 29,591 |  |  | $ | 1,922 |  |  | $ | 552,964 |  |  | $ | (593,454 | ) |  | $ | 501,987 |
(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 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 redeemable noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income attributable to redeemable noncontrolling interests | — |  |  | — |  |  | (153,538 | ) |  | — |  |  | (153,538 | )
Comprehensive income (loss) 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 Cash Flows |
Condensed Consolidating Statement of Cash Flows for the year ended December 31, 2016 | 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 | $ | (18,452 | ) |  | $ | 1,477 |  |  | $ | (14,501 | ) |  | $ | (34,607 | ) |  | $ | 535,912 |  |  | $ | 469,829 |
Cash flows provided by (used in) investing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from sales and maturities of fixed maturity investments trading | 314,568 |  |  | 69,941 |  |  | 145,082 |  |  | — |  |  | 7,572,923 |  |  | 8,102,514 |
Purchases of fixed maturity investments trading | (336,345 | ) |  | (123,046 | ) |  | (291,053 | ) |  | — |  |  | (7,532,276 | ) |  | (8,282,720 | )
Proceeds from sales and maturities of fixed maturity investments available for sale | — |  |  | — |  |  | — |  |  | — |  |  | 17,692 |  |  | 17,692 |
Net (purchases) sales of equity investments trading | — |  |  | (2,389 | ) |  | 193,022 |  |  | — |  |  | (5,845 | ) |  | 184,788 |
Net (purchases) sales of short term investments | (111,814 | ) |  | 67,684 |  |  | (32,901 | ) |  | — |  |  | (41,586 | ) |  | (118,617 | )
Net purchases of other investments | — |  |  | — |  |  | — |  |  | — |  |  | (68,589 | ) |  | (68,589 | )
Net sales of other assets | — |  |  | — |  |  | — |  |  | — |  |  | 400 |  |  | 400 |
Dividends and return of capital from subsidiaries | 617,239 |  |  | 2,900 |  |  | — |  |  | 13,125 |  |  | (633,264 | ) |  | — |
Contributions to subsidiaries | (108,674 | ) |  | — |  |  | — |  |  | — |  |  | 108,674 |  |  | — |
Due to (from) subsidiary | 23,758 |  |  | (22,313 | ) |  | (81 | ) |  | 30,202 |  |  | (31,566 | ) |  | — |
Net cash provided by (used in) investing activities | 398,732 |  |  | (7,223 | ) |  | 14,069 |  |  | 43,327 |  |  | (613,437 | ) |  | (164,532 | )
Cash flows used in financing activities |  |  |  |  |  |  |  |  |  |  |
Dividends paid – RenaissanceRe common shares | (51,583 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (51,583 | )
Dividends paid – preference shares | (22,381 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (22,381 | )
RenaissanceRe common share repurchases | (309,434 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (309,434 | )
Net third party redeemable noncontrolling interest share transactions | — |  |  | — |  |  | — |  |  | — |  |  | (2,990 | ) |  | (2,990 | )
Net cash used in financing activities | (383,398 | ) |  | — |  |  | — |  |  | — |  |  | (2,990 | ) |  | (386,388 | )
Effect of exchange rate changes on foreign currency cash | — |  |  | — |  |  | — |  |  | — |  |  | (4,637 | ) |  | (4,637 | )
Net (decrease) increase in cash and cash equivalents | (3,118 | ) |  | (5,746 | ) |  | (432 | ) |  | 8,720 |  |  | (85,152 | ) |  | (85,728 | )
Cash and cash equivalents, beginning of period | 10,185 |  |  | 5,908 |  |  | 7,103 |  |  | 677 |  |  | 483,012 |  |  | 506,885 |
Cash and cash equivalents, end of period | $ | 7,067 |  |  | $ | 162 |  |  | $ | 6,671 |  |  | $ | 9,397 |  |  | $ | 397,860 |  |  | $ | 421,157 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
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) subsidiaries | 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 | )
Net 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) subsidiary | 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 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 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 year | 8,796 |  |  | 4,027 |  |  | 395,209 |  |  | 408,032 |
Cash and cash equivalents, end of year | $ | 5,986 |  |  | $ | 1,033 |  |  | $ | 518,565 |  |  | $ | 525,584 |
(1) | Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

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