Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract]

Condensed Consolidating Balance Sheets



Condensed Consolidating Balance Sheet at June 30, 2017	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	$	140,492	$	123,517	$	—		$	323,094	$	8,821,805	$	—		$	9,408,908
Cash and cash equivalents	2,417		276		23,986			8,356		588,115		—			623,150
Investments in subsidiaries	4,388,394		36,924		871,117			1,195,266		—		(6,491,701		)	—
Due from subsidiaries and affiliates	5,489		91,892		—			—		—		(97,381		)	—
Premiums receivable	—		—		—			—		1,533,833		—			1,533,833
Prepaid reinsurance premiums	—		—		—			—		705,322		—			705,322
Reinsurance recoverable	—		—		—			—		370,586		—			370,586
Accrued investment income	291		288		—			921		38,618		—			40,118
Deferred acquisition costs	—		—		—			—		430,106		—			430,106
Receivable for investments sold	52		5		—			—		170,354		—			170,411
Other assets	423,601		37,547		(29		)	130,139		115,352		(529,794		)	176,816
Goodwill and other intangible assets	127,532		—		—			—		118,898		—			246,430
Total assets	$	5,088,268	$	290,449	$	895,074		$	1,657,776	$	12,892,989	$	(7,118,876	)	$	13,705,680
Liabilities, Noncontrolling Interests and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses	$	—	$	—	$	—		$	—	$	2,989,806	$	—		$	2,989,806
Unearned premiums	—		—		—			—		1,847,206		—			1,847,206
Debt	117,000		—		—			841,290		147,576		(117,000		)	988,866
Amounts due to subsidiaries and affiliates	243		51		82			97,339		—		(97,715		)	—
Reinsurance balances payable	—		—		—			—		1,052,494		—			1,052,494
Payable for investments purchased	—		24		—			—		407,288		—			407,312
Other liabilities	15,770		780		(2,757		)	9,887		206,139		(7,161		)	222,658
Total liabilities	133,013		855		(2,675		)	948,516		6,650,509		(221,876		)	7,508,342
Redeemable noncontrolling interests	—		—		—			—		1,242,083		—			1,242,083
Shareholders’ Equity
Total shareholders’ equity	4,955,255		289,594		897,749			709,260		5,000,397		(6,897,000		)	4,955,255
Total liabilities, noncontrolling interests and shareholders’ equity	$	5,088,268	$	290,449	$	895,074		$	1,657,776	$	12,892,989	$	(7,118,876	)	$	13,705,680


(1)	Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.


(2)	Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.



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, Redeemable Noncontrolling Interest 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, redeemable noncontrolling interest 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 Statements of Operations



Condensed Consolidating Statement of Operations for the six months ended June 30, 2017	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	$	—		$	—		$	—		$	—		$	748,310		$	—		$	748,310
Net investment income	10,741			892			1,376			508			107,474			(12,503		)	108,488
Net foreign exchange (losses) gains	(1		)	—			—			—			11,275			—			11,274
Equity in (losses) earnings of other ventures	—			—			—			(450		)	4,486			—			4,036
Other (loss) income	(1		)	—			—			—			4,058			—			4,057
Net realized and unrealized gains (losses) on investments	45			4,342			4,916			(268		)	92,451			—			101,486
Total revenues	10,784			5,234			6,292			(210		)	968,054			(12,503		)	977,651
Expenses
Net claims and claim expenses incurred	—			—			—			—			335,668			—			335,668
Acquisition expenses	—			—			—			—			171,533			—			171,533
Operational expenses	6,488			40			85			14,626			78,460			(10,650		)	89,049
Corporate expenses	10,006			—			—			—			(84		)	—			9,922
Interest expense	281			—			2,461			13,143			5,013			(281		)	20,617
Total expenses	16,775			40			2,546			27,769			590,590			(10,931		)	626,789
(Loss) income before equity in net income of subsidiaries and taxes	(5,991		)	5,194			3,746			(27,979		)	377,464			(1,572		)	350,862
Equity in net income of subsidiaries	280,099			2,306			28,028			36,936			—			(347,369		)	—
Income before taxes	274,108			7,500			31,774			8,957			377,464			(348,941		)	350,862
Income tax benefit (expense)	577			(1,682		)	(1,204		)	5,974			(7,903		)	—			(4,238		)
Net income	274,685			5,818			30,570			14,931			369,561			(348,941		)	346,624
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(71,939		)	—			(71,939		)
Net income attributable to RenaissanceRe	274,685			5,818			30,570			14,931			297,622			(348,941		)	274,685
Dividends on preference shares	(11,191		)	—			—			—			—			—			(11,191		)
Net income available to RenaissanceRe common shareholders	$	263,494		$	5,818		$	30,570		$	14,931		$	297,622		$	(348,941	)	$	263,494


(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 three months ended June 30, 2017	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	$	—		$	—		$	—		$	—		$	382,265		$	—		$	382,265
Net investment income	5,284			466			535			239			53,891			(6,252		)	54,163
Net foreign exchange (losses) gains	(1		)	—			—			—			3,110			—			3,109
Equity in earnings of other ventures	—			—			—			302			5,241			—			5,543
Other income	—			—			—			—			2,392			—			2,392
Net realized and unrealized (losses) gains on investments	(8		)	1,421			191			(242		)	56,751			—			58,113
Total revenues	5,275			1,887			726			299			503,650			(6,252		)	505,585
Expenses
Net claims and claim expenses incurred	—			—			—			—			142,587			—			142,587
Acquisition expenses	—			—			—			—			88,251			—			88,251
Operational expenses	3,190			16			35			6,647			36,402			(4,524		)	41,766
Corporate expenses	4,798			—			—			—			(162		)	—			4,636
Interest expense	141			—			985			6,601			2,505			(141		)	10,091
Total expenses	8,129			16			1,020			13,248			269,583			(4,665		)	287,331
(Loss) income before equity in net income of subsidiaries and taxes	(2,854		)	1,871			(294		)	(12,949		)	234,067			(1,587		)	218,254
Equity in net income of subsidiaries	178,746			1,220			18,185			20,438			—			(218,589		)	—
Income before taxes	175,892			3,091			17,891			7,489			234,067			(220,176		)	218,254
Income tax benefit (expense)	846			(584		)	104			2,902			(7,172		)	—			(3,904		)
Net income	176,738			2,507			17,995			10,391			226,895			(220,176		)	214,350
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(37,612		)	—			(37,612		)
Net income attributable to RenaissanceRe	176,738			2,507			17,995			10,391			189,283			(220,176		)	176,738
Dividends on preference shares	(5,596		)	—			—			—			—			—			(5,596		)
Net income available attributable to RenaissanceRe common shareholders	$	171,142		$	2,507		$	17,995		$	10,391		$	189,283		$	(220,176	)	$	171,142


(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 six months ended June 30, 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	$	—		$	—		$	—		$	—		$	705,008		$	—		$	705,008
Net investment income	12,607			954			2,279			281			78,632			(11,766		)	82,987
Net foreign exchange losses	(2		)	—			—			—			(2,380		)	—			(2,382		)
Equity in earnings of other ventures	—			—			—			—			7,633			—			7,633
Other (loss) income	(791		)	—			—			—			7,524			—			6,733
Net realized and unrealized gains on investments	5,287			2,254			5,378			—			118,506			—			131,425
Total revenues	17,101			3,208			7,657			281			914,923			(11,766		)	931,404
Expenses
Net claims and claim expenses incurred	—			—			—			—			294,355			—			294,355
Acquisition expenses	—			—			—			—			134,597			—			134,597
Operational expenses	(1,805		)	(97		)	116			11,582			105,448			(7,936		)	107,308
Corporate expenses	10,794			203			—			7			2,973			—			13,977
Interest expense	281			—			2,953			13,087			5,034			(281		)	21,074
Total expenses	9,270			106			3,069			24,676			542,407			(8,217		)	571,311
Income (loss) before equity in net income of subsidiaries and taxes	7,831			3,102			4,588			(24,395		)	372,516			(3,549		)	360,093
Equity in net income of subsidiaries	265,215			1,533			34,421			41,644			—			(342,813		)	—
Income before taxes	273,046			4,635			39,009			17,249			372,516			(346,362		)	360,093
Income tax benefit (expense)	2,465			(1,467		)	(1,182		)	5,671			(14,843		)	—			(9,356		)
Net income	275,511			3,168			37,827			22,920			357,673			(346,362		)	350,737
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(75,226		)	—			(75,226		)
Net income attributable to RenaissanceRe	275,511			3,168			37,827			22,920			282,447			(346,362		)	275,511
Dividends on preference shares	(11,191		)	—			—			—			—			—			(11,191		)
Net income available to RenaissanceRe common shareholders	$	264,320		$	3,168		$	37,827		$	22,920		$	282,447		$	(346,362	)	$	264,320


(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 three months ended June 30, 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	$	—		$	—		$	—		$	—		$	351,402		$	—		$	351,402
Net investment income	5,749			445			846			141			52,826			(5,883		)	54,124
Net foreign exchange losses	(1		)	—			—			—			(689		)	—			(690		)
Equity in earnings of other ventures	—			—			—			—			6,022			—			6,022
Other (loss) income	(791		)	—			—			—			3,445			—			2,654
Net realized and unrealized gains on investments	799			1,139			3,414			—			64,420			—			69,772
Total revenues	5,756			1,584			4,260			141			477,426			(5,883		)	483,284
Expenses							—			—
Net claims and claim expenses incurred	—			—			—			—			167,750			—			167,750
Acquisition expenses	—			—			—			—			69,005			—			69,005
Operational expenses	(1,104		)	44			64			4,573			50,352			(2,856		)	51,073
Corporate expenses	5,181			203			—			7			361			—			5,752
Interest expense	141			—			1,477			6,544			2,515			(141		)	10,536
Total expenses	4,218			247			1,541			11,124			289,983			(2,997		)	304,116
Income (loss) before equity in net income of subsidiaries and taxes	1,538			1,337			2,719			(10,983		)	187,443			(2,886		)	179,168
Equity in net income of subsidiaries	141,677			1,666			12,086			17,165			—			(172,594		)	—
Income before taxes	143,215			3,003			14,805			6,182			187,443			(175,480		)	179,168
Income tax (expense) benefit	(1,294		)	(906		)	(838		)	2,792			(6,366		)	—			(6,612		)
Net income	141,921			2,097			13,967			8,974			181,077			(175,480		)	172,556
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(30,635		)	—			(30,635		)
Net income attributable to RenaissanceRe	141,921			2,097			13,967			8,974			150,442			(175,480		)	141,921
Dividends on preference shares	(5,596		)	—			—			—			—			—			(5,596		)
Net income available to RenaissanceRe common shareholders	$	136,325		$	2,097		$	13,967		$	8,974		$	150,442		$	(175,480	)	$	136,325


(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 for the six months ended June 30, 2017	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	$	274,685	$	5,818	$	30,570	$	14,931	$	369,561		$	(348,941	)	$	346,624
Change in net unrealized gains on investments	—		—		—		—		(1,272		)	—			(1,272		)
Comprehensive income	274,685		5,818		30,570		14,931		368,289			(348,941		)	345,352
Net income attributable to redeemable noncontrolling interests	—		—		—		—		(71,939		)	—			(71,939		)
Comprehensive income attributable to noncontrolling interests	—		—		—		—		(71,939		)	—			(71,939		)
Comprehensive income available to RenaissanceRe	$	274,685	$	5,818	$	30,570	$	14,931	$	296,350		$	(348,941	)	$	273,413


(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 the three months ended June 30, 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	$	141,921	$	2,097	$	13,967	$	8,974	$	181,077		$	(175,480	)	$	172,556
Change in net unrealized gains on investments	—		—		—		—		672			—			672
Comprehensive income	141,921		2,097		13,967		8,974		181,749			(175,480		)	173,228
Net income attributable to redeemable noncontrolling interests	—		—		—		—		(30,635		)	—			(30,635		)
Comprehensive income attributable to redeemable noncontrolling interests	—		—		—		—		(30,635		)	—			(30,635		)
Comprehensive income attributable to RenaissanceRe	$	141,921	$	2,097	$	13,967	$	8,974	$	151,114		$	(175,480	)	$	142,593


(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 six months ended June 20, 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	$	275,511	$	3,168	$	37,827	$	22,920	$	357,673		$	(346,362	)	$	350,737
Change in net unrealized gains on investments	—		—		—		—		229			—			229
Comprehensive income	275,511		3,168		37,827		22,920		357,902			(346,362		)	350,966
Net income attributable to redeemable noncontrolling interests	—		—		—		—		(75,226		)	—			(75,226		)
Comprehensive income attributable to redeemable noncontrolling interests	—		—		—		—		(75,226		)	—			(75,226		)
Comprehensive income available to RenaissanceRe	$	275,511	$	3,168	$	37,827	$	22,920	$	282,676		$	(346,362	)	$	275,740


(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 three months ended June 30, 2017	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	$	176,738	$	2,507	$	17,995	$	10,391	$	226,895		$	(220,176	)	$	214,350
Change in net unrealized gains on investments	—		—		—		—		219			—			219
Comprehensive income	176,738		2,507		17,995		10,391		227,114			(220,176		)	214,569
Net income attributable to redeemable noncontrolling interests	—		—		—		—		(37,612		)	—			(37,612		)
Comprehensive income attributable to redeemable noncontrolling interests	—		—		—		—		(37,612		)	—			(37,612		)
Comprehensive income available to RenaissanceRe	$	176,738	$	2,507	$	17,995	$	10,391	$	189,502		$	(220,176	)	$	176,957


(1)	Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.


(2)	Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statements Of Cash Flows



Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2017	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	$	(11,924	)	$	(8,931	)	$	(5,017	)	$	(27,713	)	$	394,608		$	341,023
Cash flows provided by (used in) investing activities
Proceeds from sales and maturities of fixed maturity investments trading	53,654			46,475			289,741			15,449			4,758,653			5,163,972
Purchases of fixed maturity investments trading	(105,523		)	(45,174		)	(143,991		)	(265,787		)	(4,890,887		)	(5,451,362		)
Net (purchases) sales of equity investments trading	—			(89		)	85,324			—			(38,930		)	46,305
Net sales (purchases) of short term investments	298,768			(1,351		)	41,299			(28,934		)	(33,707		)	276,075
Net sales of other investments	—			—			—			—			2,551			2,551
Dividends and return of capital from subsidiaries	167,111			9,175			—			17,975			(194,261		)	—
Contributions to subsidiaries	(200,000		)	—			—			(9,175		)	209,175			—
Due (from) to subsidiary	(12,477		)	9			(41		)	1,278			11,231			—
Net cash provided by (used in) investing activities	201,533			9,045			272,332			(269,194		)	(176,175		)	37,541
Cash flows (used in) provided by financing activities
Dividends paid – RenaissanceRe common shares	(25,877		)	—			—			—			—			(25,877		)
Dividends paid – preference shares	(11,191		)	—			—			—			—			(11,191		)
RenaissanceRe common share repurchases	(145,940		)	—			—			—			—			(145,940		)
Issuance of debt, net of expenses	—			—			—			295,866			—			295,866
Repayment of debt	—			—			(250,000		)	—			—			(250,000		)
Net third party redeemable noncontrolling interest share transactions	—			—			—			—			(33,655		)	(33,655		)
Taxes paid on withholding shares	(11,251		)	—			—			—			—			(11,251		)
Net cash (used in) provided by financing activities	(194,259		)	—			(250,000		)	295,866			(33,655		)	(182,048		)
Effect of exchange rate changes on foreign currency cash	—			—			—			—			5,477			5,477
Net (decrease) increase in cash and cash equivalents	(4,650		)	114			17,315			(1,041		)	190,255			201,993
Cash and cash equivalents, beginning of period	7,067			162			6,671			9,397			397,860			421,157
Cash and cash equivalents, end of period	$	2,417		$	276		$	23,986		$	8,356		$	588,115		$	623,150


(1)	Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.



Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 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 provided by (used in)operating activities
Net cash provided by (used in) operating activities	$	(11,131	)	$	297		$	(3,914	)	$	(24,197	)	$	164,186		$	125,241
Cash flows provided by (used in) investing activities
Proceeds from sales and maturities of fixed maturity investments trading	210,933			50,890			67,839			—			4,450,744			4,780,406
Purchases of fixed maturity investments trading	(324,462		)	(105,772		)	(203,883		)	—			(4,350,703		)	(4,984,820		)
Proceeds from sales and maturities of fixed maturity investments available for sale	—			—			—			—			5,216			5,216
Net (purchases) sales of equity investments trading	—			(2,195		)	193,207			—			(9,378		)	181,634
Net sales (purchases) of short term investments	195,915			62,403			(58,367		)	—			45,948			245,899
Net purchases of other investments	—			—			—			—			(52,778		)	(52,778		)
Dividends and return of capital from subsidiaries	341,011			2,900			—			—			(343,911		)	—
Contributions to subsidiaries	(95,001		)	—			—			—			95,001			—
Due to (from) subsidiaries	(22,676		)	(14,396		)	(92		)	24,134			13,030			—
Net cash provided by (used in) investing activities	305,720			(6,170		)	(1,296		)	24,134			(146,831		)	175,557
Cash flows used in financing activities
Dividends paid – RenaissanceRe common shares	(26,198		)	—			—			—			—			(26,198		)
Dividends paid – preference shares	(11,191		)	—			—			—			—			(11,191		)
RenaissanceRe common share repurchases	(265,003		)	—			—			—			—			(265,003		)
Net third party redeemable noncontrolling interest share transactions	—			—			—			—			(43,909		)	(43,909		)
Taxes paid on withholding shares	—			—			—			—			(8,069		)	(8,069		)
Net cash used in financing activities	(302,392		)	—			—			—			(51,978		)	(354,370		)
Effect of exchange rate changes on foreign currency cash	—			—			—			—			2,208			2,208
Net decrease in cash and cash equivalents	(7,803		)	(5,873		)	(5,210		)	(63		)	(32,415		)	(51,364		)
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	$	2,382		$	35		$	1,893		$	614		$	450,597		$	455,521

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.