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Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries (Tables)
6 Months Ended
Jun. 30, 2020
Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract]  
Schedule of Condensed Consolidating Balance Sheets
Condensed Consolidating Balance Sheet
at June 30, 2020
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
RenaissanceRe Finance Inc. (Subsidiary Issuer)Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
Consolidating
Adjustments 
(2)
RenaissanceRe
Consolidated
Assets
Total investments
$312,238  $122,960  $19,288,451  $—  $19,723,649  
Cash and cash equivalents
5,466  8,374  1,172,004  —  1,185,844  
Investments in subsidiaries
6,355,699  1,384,968  718,374  (8,459,041) —  
Due from subsidiaries and affiliates
117,917  (131,162) 13,000  245  —  
Premiums receivable
—  —  3,519,965  —  3,519,965  
Prepaid reinsurance premiums
—  —  1,266,203  —  1,266,203  
Reinsurance recoverable
—  —  2,774,358  —  2,774,358  
Accrued investment income
366  —  69,638  —  70,004  
Deferred acquisition costs
—  —  734,286  —  734,286  
Receivable for investments sold
2,522  2,505  643,431  —  648,458  
Other assets
848,856  8,447  394,545  (953,452) 298,396  
Goodwill and other intangible assets
114,161  —  144,430  —  258,591  
Total assets$7,757,225  $1,396,092  $30,738,685  $(9,412,248) $30,479,754  
Liabilities, Noncontrolling Interests and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses
$—  $—  $9,365,469  $—  $9,365,469  
Unearned premiums
—  —  3,549,641  —  3,549,641  
Debt
391,932  720,754  972,283  (949,753) 1,135,216  
Reinsurance balances payable
—  —  4,094,027  —  4,094,027  
Payable for investments purchased
2,505  —  1,256,611  —  1,259,116  
Other liabilities
15,616  8,262  2,554,907  (2,236,771) 342,014  
Total liabilities410,053  729,016  21,792,938  (3,186,524) 19,745,483  
Redeemable noncontrolling interests
—  —  3,387,099  —  3,387,099  
Shareholders’ Equity
Total shareholders’ equity
7,347,172  667,076  5,558,648  (6,225,724) 7,347,172  
Total liabilities, noncontrolling interests and shareholders’ equity
$7,757,225  $1,396,092  $30,738,685  $(9,412,248) $30,479,754  
(1)Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Condensed Consolidating Balance Sheet
at December 31, 2019
RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
RenaissanceRe Finance Inc. (Subsidiary Issuer)Other
RenaissanceRe
Holdings Ltd.
Subsidiaries and
Eliminations
(Non-guarantor
Subsidiaries) 
(1)
Consolidating
Adjustments 
(2)
RenaissanceRe
Consolidated
Assets
Total investments
$190,451  $288,137  $16,890,201  $—  $17,368,789  
Cash and cash equivalents
26,460  8,731  1,343,877  —  1,379,068  
Investments in subsidiaries
5,204,260  1,426,838  48,247  (6,679,345) —  
Due from subsidiaries and affiliates
10,725  —  101,579  (112,304) —  
Premiums receivable
—  —  2,599,896  —  2,599,896  
Prepaid reinsurance premiums
—  —  767,781  —  767,781  
Reinsurance recoverable
—  —  2,791,297  —  2,791,297  
Accrued investment income
—  1,171  71,290  —  72,461  
Deferred acquisition costs
—  —  663,991  —  663,991  
Receivable for investments sold
173  —  78,196  —  78,369  
Other assets
847,406  12,211  312,556  (825,957) 346,216  
Goodwill and other intangible assets
116,212  —  146,014  —  262,226  
Total assets$6,395,687  $1,737,088  $25,814,925  $(7,617,606) $26,330,094  
Liabilities, Noncontrolling Interest and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses
$—  $—  $9,384,349  $—  $9,384,349  
Unearned premiums
—  —  2,530,975  —  2,530,975  
Debt
391,475  970,255  148,349  (125,974) 1,384,105  
Amounts due to subsidiaries and affiliates
6,708  102,493  51  (109,252) —  
Reinsurance balances payable
—  —  2,830,691  —  2,830,691  
Payable for investments purchased
—  —  225,275  —  225,275  
Other liabilities
26,137  14,162  899,960  (8,235) 932,024  
Total liabilities424,320  1,086,910  16,019,650  (243,461) 17,287,419  
Redeemable noncontrolling interests
—  —  3,071,308  —  3,071,308  
Shareholders’ Equity
Total shareholders’ equity
5,971,367  650,178  6,723,967  (7,374,145) 5,971,367  
Total liabilities, redeemable noncontrolling interest and shareholders’ equity
$6,395,687  $1,737,088  $25,814,925  $(7,617,606) $26,330,094  
(1)Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Schedule of Condensed Consolidating Statements of Operations
Condensed Consolidating Statement of Operations for the three months ended June 30, 2020RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$—  $—  $1,010,096  $—  $1,010,096  
Net investment income
10,415  110  89,488  (10,708) 89,305  
Net foreign exchange gains (losses)
6,695  —  (13,218) (672) (7,195) 
Equity in earnings of other ventures
—  787  8,254  —  9,041  
Other (loss) income
(372) —  12,392  (13,221) (1,201) 
Net realized and unrealized gains on investments
15,035  53  433,302  —  448,390  
Total revenues31,773  950  1,540,314  (24,601) 1,548,436  
Expenses
Net claims and claim expenses incurred
—  —  510,272  —  510,272  
Acquisition expenses
2,051  —  231,559  —  233,610  
Operational expenses
2,390  13,966  46,278  (13,557) 49,077  
Corporate expenses
8,534  —  3,364  —  11,898  
Interest expense
4,096  6,906  11,525  (10,685) 11,842  
Total expenses17,071  20,872  802,998  (24,242) 816,699  
Income (loss) before equity in net income (loss) of subsidiaries and taxes14,702  (19,922) 737,316  (359) 731,737  
Equity in net income (loss) of subsidiaries
567,028  93,652  (7,388) (653,292) —  
Income before taxes
581,730  73,730  729,928  (653,651) 731,737  
Income tax benefit (expense)
1,404  1,338  (32,617) —  (29,875) 
Net income583,134  75,068  697,311  (653,651) 701,862  
Net income attributable to redeemable noncontrolling interests
—  —  (118,728) —  (118,728) 
Net income attributable to RenaissanceRe
583,134  75,068  578,583  (653,651) 583,134  
Dividends on preference shares
(7,289) —  —  —  (7,289) 
Net income available attributable to RenaissanceRe common shareholders
$575,845  $75,068  $578,583  $(653,651) $575,845  
(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, 2020RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$—  $—  $1,923,194  $—  $1,923,194  
Net investment income
20,903  993  188,030  (21,148) 188,778  
Net foreign exchange losses
(635) —  (11,616) (672) (12,923) 
Equity in earnings of other ventures
—  1,176  12,429  —  13,605  
Other income (loss)
—  —  23,465  (29,102) (5,637) 
Net realized and unrealized (losses) gains on investments
(6,083) 169  343,597  —  337,683  
Total revenues14,185  2,338  2,479,099  (50,922) 2,444,700  
Expenses
Net claims and claim expenses incurred
—  —  1,081,226  —  1,081,226  
Acquisition expenses
2,051  —  442,163  —  444,214  
Operational expenses
5,122  31,284  109,197  (29,065) 116,538  
Corporate expenses
17,213  —  10,676  —  27,889  
Interest expense
7,924  16,875  23,042  (21,072) 26,769  
Total expenses32,310  48,159  1,666,304  (50,137) 1,696,636  
(Loss) income before equity in net income of subsidiaries and taxes
(18,125) (45,821) 812,795  (785) 748,064  
Equity in net income of subsidiaries
527,355  59,983  9,251  (596,589) —  
Income before taxes
509,230  14,162  822,046  (597,374) 748,064  
Income tax benefit (expense)
986  3,524  (25,539) —  (21,029) 
Net income510,216  17,686  796,507  (597,374) 727,035  
Net income attributable to redeemable noncontrolling interests
—  —  (216,819) —  (216,819) 
Net income attributable to RenaissanceRe
510,216  17,686  579,688  (597,374) 510,216  
Dividends on preference shares
(16,345) —  —  —  (16,345) 
Net income available to RenaissanceRe common shareholders
$493,871  $17,686  $579,688  $(597,374) $493,871  
(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, 2019RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$—  $—  $911,502  $—  $911,502  
Net investment income
10,676  2,017  118,244  (12,349) 118,588  
Net foreign exchange (losses) gains
(6,059) —  15,368  —  9,309  
Equity in earnings of other ventures
—  652  6,160  —  6,812  
Other income
—  —  922  —  922  
Net realized and unrealized gains on investments
4,516  102  186,629  —  191,247  
Total revenues9,133  2,771  1,238,825  (12,349) 1,238,380  
Expenses
Net claims and claim expenses incurred
—  —  453,373  —  453,373  
Acquisition expenses
—  —  227,482  —  227,482  
Operational expenses
2,135  8,607  21,206  27,866  59,814  
Corporate expenses
3,842   18,084  1,912  23,847  
Interest expense5,693  9,254  587  —  15,534  
Total expenses11,670  17,870  720,732  29,778  780,050  
(Loss) income before equity in net income of subsidiaries and taxes
(2,537) (15,099) 518,093  (42,127) 458,330  
Equity in net income of subsidiaries
378,726  28,655  1,717  (409,098) —  
Income before taxes
376,189  13,556  519,810  (451,225) 458,330  
Income tax benefit (expense)
854  1,732  (12,061) —  (9,475) 
Net income377,043  15,288  507,749  (451,225) 448,855  
Net income attributable to redeemable noncontrolling interests
—  —  (71,812) —  (71,812) 
Net income attributable to RenaissanceRe
377,043  15,288  435,937  (451,225) 377,043  
Dividends on preference shares
(9,189) —  —  —  (9,189) 
Net income available to RenaissanceRe common shareholders
$367,854  $15,288  $435,937  $(451,225) $367,854  
(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, 2019RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$—  $—  $1,461,530  $—  $1,461,530  
Net investment income
18,953  4,077  198,803  (21,151) 200,682  
Net foreign exchange (losses) gains
(6,060) —  12,523  —  6,463  
Equity in earnings of other ventures
—  1,617  9,856  —  11,473  
Other income
—  —  4,093  —  4,093  
Net realized and unrealized gains on investments
5,518  211  355,531  —  361,260  
Total revenues18,411  5,905  2,042,336  (21,151) 2,045,501  
Expenses
Net claims and claim expenses incurred
—  —  680,408  —  680,408  
Acquisition expenses
—  —  351,433  —  351,433  
Operational expenses
2,604  20,940  63,826  17,377  104,747  
Corporate expenses
42,670   16,162  3,795  62,636  
Interest expense
7,576  18,506  1,206  —  27,288  
Total expenses52,850  39,455  1,113,035  21,172  1,226,512  
(Loss) income before equity in net income of subsidiaries and taxes
(34,439) (33,550) 929,301  (42,323) 818,989  
Equity in net income of subsidiaries
693,613  62,187  2,545  (758,345) —  
Income before taxes
659,174  28,637  931,846  (800,668) 818,989  
Income tax benefit (expense)
775  3,394  (21,175) —  (17,006) 
Net income659,949  32,031  910,671  (800,668) 801,983  
Net income attributable to redeemable noncontrolling interests
—  —  (142,034) —  (142,034) 
Net income attributable to RenaissanceRe
659,949  32,031  768,637  (800,668) 659,949  
Dividends on preference shares
(18,378) —  —  —  (18,378) 
Net income available to RenaissanceRe common shareholders
$641,571  $32,031  $768,637  $(800,668) $641,571  
(1)Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Condensed Consolidating Statement of Comprehensive Income for the three months ended June 30, 2020RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$583,134  $75,068  $697,311  $(653,651) $701,862  
Change in net unrealized (losses) gains on investments, net of tax
(1,488) 6,934  7,088  (14,022) (1,488) 
Foreign currency translation adjustments, net of tax
86  —  —  —  86  
Comprehensive income
581,732  82,002  704,399  (667,673) 700,460  
Net income attributable to redeemable noncontrolling interests
—  —  (118,728) —  (118,728) 
Comprehensive income attributable to redeemable noncontrolling interests
—  —  (118,728) —  (118,728) 
Comprehensive income attributable to RenaissanceRe
$581,732  $82,002  $585,671  $(667,673) $581,732  
(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 30, 2020RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$510,216  $17,686  $796,507  $(597,374) $727,035  
Change in net unrealized (losses) gains on investments, net of tax
(2,145) 7,679  (7,474) (205) (2,145) 
Foreign currency translation adjustments, net of tax
1,018  —  —  1,018  
Comprehensive income
509,089  25,365  789,033  (597,579) 725,908  
Net income attributable to redeemable noncontrolling interests
—  —  (216,819) —  (216,819) 
Comprehensive income attributable to noncontrolling interests
—  —  (216,819) —  (216,819) 
Comprehensive income attributable to RenaissanceRe
$509,089  $25,365  $572,214  $(597,579) $509,089  
(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, 2019RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$377,043  $15,288  $507,749  $(451,225) $448,855  
Change in net unrealized losses on investments, net of tax
—  —  1,309  —  1,309  
Foreign currency translation adjustments, net of tax
—  —  (3,708) —  (3,708) 
Comprehensive income
377,043  15,288  505,350  (451,225) 446,456  
Net income attributable to redeemable noncontrolling interests
—  —  (71,812) —  (71,812) 
Comprehensive income attributable to redeemable noncontrolling interests
—  —  (71,812) —  (71,812) 
Comprehensive income attributable to RenaissanceRe
$377,043  $15,288  $433,538  $(451,225) $374,644  
(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 30, 2019RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$659,949  $32,031  $910,671  $(800,668) $801,983  
Change in net unrealized losses on investments
—  —  1,272  —  1,272  
Foreign currency translation adjustments, net of tax
—  —  (3,708) —  (3,708) 
Comprehensive income
659,949  32,031  908,235  (800,668) 799,547  
Net income attributable to redeemable noncontrolling interests
—  —  (142,034) —  (142,034) 
Comprehensive income attributable to noncontrolling interests
—  —  (142,034) —  (142,034) 
Comprehensive income attributable to RenaissanceRe
$659,949  $32,031  $766,201  $(800,668) $657,513  
(1)Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
(2)Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.
Schedule of Condensed Consolidating Statements of Cash Flows
Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2020RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$8,180  $(41,978) $890,763  $856,965  
Cash flows (used in) provided by investing activities
Proceeds from sales and maturities of fixed maturity investments trading
52,093  30,793  8,257,465  8,340,351  
Purchases of fixed maturity investments trading
(220,197) (30,725) (8,698,532) (8,949,454) 
Net purchases of equity investments trading
—  —  (45,008) (45,008) 
Net sales (purchases) of short term investments
47,098  161,823  (1,199,525) (990,604) 
Net purchases of other investments
—  —  (90,010) (90,010) 
Net purchases of investments in other ventures
—  —  (1,994) (1,994) 
Return of investment from investments in other ventures
—  —  9,157  9,157  
Dividends and return of capital from subsidiaries
499,704  101,061  (600,765) —  
Contributions to subsidiaries
(1,139,323) —  1,139,323  —  
Due (from) to subsidiary
(116,826) 28,669  88,157  —  
Net cash (used in) provided by investing activities
(877,451) 291,621  (1,141,732) (1,727,562) 
Cash flows provided by (used in) financing activities
Dividends paid – RenaissanceRe common shares
(33,063) —  —  (33,063) 
Dividends paid – preference shares
(16,345) —  —  (16,345) 
RenaissanceRe common share issuance, net of expenses
1,095,549  —  —  1,095,549  
RenaissanceRe common share repurchases
(62,621) —  —  (62,621) 
Redemption of 6.08% Series C preference shares
(125,000) —  —  (125,000) 
Repayment of debt
—  (250,000) —  (250,000) 
Net third-party redeemable noncontrolling interest share transactions
—  —  79,283  79,283  
Taxes paid on withholding shares
(10,243) —  —  (10,243) 
Net cash provided by (used in) financing activities
848,277  (250,000) 79,283  677,560  
Effect of exchange rate changes on foreign currency cash
—  —  (187) (187) 
Net decrease in cash and cash equivalents
(20,994) (357) (171,873) (193,224) 
Cash and cash equivalents, beginning of period
26,460  8,731  1,343,877  1,379,068  
Cash and cash equivalents, end of period
$5,466  $8,374  $1,172,004  $1,185,844  
(1)Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.
Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2019RenaissanceRe
Holdings Ltd.
(Parent
Guarantor)
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
$(359,699) $(33,592) $1,177,260  $783,969  
Cash flows provided by (used in) investing activities
Proceeds from sales and maturities of fixed maturity investments trading
277,030  43,746  9,084,572  9,405,348  
Purchases of fixed maturity investments trading
(36,905) (14,098) (9,178,997) (9,230,000) 
Net sales of equity investments trading
—  —  125,597  125,597  
Net sales (purchases) of short term investments
4,212  (8,544) (1,968,385) (1,972,717) 
Net purchases of other investments
—  —  (133,889) (133,889) 
Net purchases of investment in other venture
—  —  (2,249) (2,249) 
Net purchases of other assets
—  —  (4,108) (4,108) 
Return of investment from investment in other ventures
—  —  11,250  11,250  
Dividends and return of capital from subsidiaries
587,264  —  (587,264) —  
Contributions to subsidiaries
(850,807) —  850,807  —  
Due to (from) subsidiaries
39,056  7,340  (46,396) —  
Net purchase of TMR
—  —  (276,206) (276,206) 
Net cash provided by (used in) investing activities
19,850  28,444  (2,125,268) (2,076,974) 
Cash flows provided by financing activities
Dividends paid – RenaissanceRe common shares
(29,439) —  —  (29,439) 
Dividends paid – preference shares
(18,378) —  —  (18,378) 
Issuance of debt, net of expenses
396,411  —  —  396,411  
Net third-party redeemable noncontrolling interest share transactions
—  —  514,732  514,732  
Taxes paid on withholding shares
(7,083) —  —  (7,083) 
Net cash provided by financing activities
341,511  —  514,732  856,243  
Effect of exchange rate changes on foreign currency cash
—  —  (534) (534) 
Net increase (decrease) in cash and cash equivalents
1,662  (5,148) (433,810) (437,296) 
Cash and cash equivalents, beginning of period
3,534  9,604  1,094,784  1,107,922  
Cash and cash equivalents, end of period
$5,196  $4,456  $660,974  $670,626  
(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.