Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

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



	Three months ended						Six months ended
(common shares in thousands)	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Numerator:
Net income available to RenaissanceRe common shareholders	$	575,845	$	367,854	$	493,871	$	641,571
Amount allocated to participating common shareholders (1)	(7,593)		(4,393)		(6,153)		(7,483)
Net income allocated to RenaissanceRe common shareholders	$	568,252	$	363,461	$	487,718	$	634,088
Denominator:
Denominator for basic income per RenaissanceRe common share - weighted average common shares	44,939		43,483		44,190		42,774
Per common share equivalents of employee stock options and non-vested shares	64		38		63		32
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions	45,003		43,521		44,253		42,806
Net income available to RenaissanceRe common shareholders per common share – basic	$	12.64	$	8.36	$	11.04	$	14.82
Net income available to RenaissanceRe common shareholders per common share – diluted	$	12.63	$	8.35	$	11.02	$	14.81

(1)Represents earnings and dividends attributable to holders of unvested shares issued pursuant to the Company's stock compensation plans.