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Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2018

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:

		September 30, 2018								December 31, 2017
		Fair Value				Carrying Value				Fair Value				Carrying Value
	3.450% Senior Notes due 2027	$	282,585			$	295,673			$	294,654			$	295,303
	3.700% Senior Notes due 2025	293,559				297,594				302,781				297,318
	5.750% Senior Notes due 2020	256,250				249,520				263,750				249,272
	4.750% Senior Notes due 2025 (DaVinciRe) (1)	147,924				147,962				157,050				147,730
		$	980,318			$	990,749			$	1,018,235			$	989,623

(1) RenaissanceRe owns a noncontrolling economic interest in its joint venture DaVinciRe. Because RenaissanceRe controls a majority of DaVinciRe’s outstanding voting rights, the consolidated financial statements of DaVinciRe are included in the consolidated financial statements of RenaissanceRe. However, RenaissanceRe does not guarantee or provide credit support for DaVinciRe and RenaissanceRe’s financial exposure to DaVinciRe is limited to its investment in DaVinciRe’s shares and counterparty credit risk arising from reinsurance transactions.

Schedule of Line of Credit Facilities

The outstanding amounts issued or drawn under each of the Company’s significant credit facilities is set forth below:

	At September 30, 2018	Issued or Drawn
	RenaissanceRe Revolving Credit Facility (1)	$	—
	Uncommitted Standby Letter of Credit Facility with Wells Fargo	87,057
	Bilateral Letter of Credit Facility with Citibank Europe	180,416
	Renaissance Reinsurance FAL Facility	180,000
	Total credit facilities in U.S. dollars	$	447,473
	Specialty Risks FAL Facility (1)	£	—
	Total credit facilities in pound sterling	£	—

(1) At September 30, 2018, no amounts were issued or drawn under these facilities.

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

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- Definition

Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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