Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:




	Three months ended
(common shares in thousands)	March 31, 2019			March 31, 2018
Numerator:
Net income available to RenaissanceRe common shareholders	$	273,717		$	56,713
Amount allocated to participating common shareholders (1)	(3,121		)	(546		)
Net income allocated to RenaissanceRe common shareholders	$	270,596		$	56,167
Denominator:
Denominator for basic income per RenaissanceRe common share - weighted average common shares	42,065			39,552
Per common share equivalents of employee stock options and restricted shares	26			47
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions	42,091			39,599
Net income available to RenaissanceRe common shareholders per common share – basic	$	6.43		$	1.42
Net income available to RenaissanceRe common shareholders per common share – diluted	$	6.43		$	1.42

(1)

Represents earnings attributable to holders of unvested restricted shares issued pursuant to the Company’s 2001 Stock Incentive Plan, 2010 Performance-Based Equity Incentive Plan, 2016 Long-Term Incentive Plan and to the Company’s non-employee directors.