XML 69 R56.htm IDEA: XBRL DOCUMENT
v3.19.1

Fair Value Measurements (Quantitative Information Used as Level 3 Inputs) (Details) $ in Thousands | Mar. 31, 2019 USD ($) $ / shares | Dec. 31, 2018 USD ($)
--- | --- | ---
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | $ 878,373 | $ 784,933
Other liabilities | (35,769) | (13,327)
Total other assets and (liabilities) | 47,596 | 4,968
Fair Value, Measurements, Recurring |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 878,373 | 784,933
Total other assets and (liabilities) | 17,644 | 4,040
Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs | 14,771,929 | 11,774,615
Fair Value, Measurements, Recurring | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 63,695 | 54,545
Other liabilities |  | (8,359)
Total other assets and (liabilities) | 11,827 |
Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs | 75,522 | 46,186
Fair Value, Measurements, Recurring | Private equity investments |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 253,566 | 242,647
Fair Value, Measurements, Recurring | Private equity investments | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 63,695 | 54,545
Fair Value, Measurements, Recurring | Private equity investments | External valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 10,174 |
Fair Value, Measurements, Recurring | Private equity investments | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 53,521 |
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other liabilities |  | (8,359)
Total other assets and (liabilities) | 11,827 |
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other liabilities |  | $ (8,359)
Total other assets and (liabilities) | 11,827 |
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group one | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Total other assets and (liabilities) | 523 |
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group two | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other liabilities | (8,356) |
Total other assets and (liabilities) | 500 |
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group three | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Total other assets and (liabilities) | $ 19,660 |
Indicative pricing | Fair Value, Measurements, Recurring | Private equity investments | External valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | $ / shares | 101.74 |
Liquidity discount | Fair Value, Measurements, Recurring | Private equity investments | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | $ / shares | 0.125 |
Liquidity discount | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group one | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | 0.013 |
Bond price | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group one | Internal valuation model | Fair Value (Level 3) | Low |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | $ / shares | 100.64 |
Bond price | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group one | Internal valuation model | Fair Value (Level 3) | High |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | $ / shares | 107.97 |
Bond price | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group one | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | $ / shares | 104.71 |
Net undiscounted cash flows | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group two | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | 10,413,000 |
Expected loss ratio | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group two | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | 0.395 |
Expected loss ratio | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group three | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | 0.000 |
Discount rate | Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts, group two | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs | 0.022 |

X
- Definition Value of input used to measure alternative investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_AlternativeInvestmentMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of asset after deduction of liability. + References No definition available. + Details
Name: | us-gaap_FairValueNetAssetLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of other assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f,g)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_OtherInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of other liabilities. + References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_PrivateEquityFundsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=rnr_ExternalValuationModelValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=rnr_InternalValuationModelValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=rnr_AssumedAndCededReInsuranceContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=rnr_AssumedAndCededReInsuranceContractsGroupOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=rnr_AssumedandCededReInsuranceContractsGroupTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=rnr_AssumedandCededReInsuranceContractsGroupThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputIndicativePricingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputOfferedPriceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputUndiscountedCashFlowsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputExpectedLossRatioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |