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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows provided by operating activities    
Net income $ 727,035 $ 801,983
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization, accretion and depreciation (8,526) (16,529)
Equity in undistributed earnings of other ventures 1,388 5,380
Net realized and unrealized gains on investments (337,683) (361,260)
Change in:    
Premiums receivable (920,069) (965,765)
Prepaid reinsurance premiums (498,422) (402,551)
Reinsurance recoverable 16,939 55,812
Deferred acquisition costs (70,295) 1,911
Reserve for claims and claim expenses (18,880) 1,061
Unearned premiums 1,018,666 882,888
Reinsurance balances payable 1,263,336 1,107,889
Other (316,524) (326,850)
Net cash provided by operating activities 856,965 783,969
Cash flows used in investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 8,340,351 9,405,348
Purchases of fixed maturity investments trading (8,949,454) (9,230,000)
Net (purchases) sales of equity investments trading (45,008) 125,597
Net purchases of short term investments (990,604) (1,972,717)
Net purchases of other investments (90,010) (133,889)
Net purchases of investments in other ventures (1,994) (2,249)
Return of investment from investment in other ventures 9,157 11,250
Net purchase of other assets 0 (4,108)
Net purchase of TMR 0 (276,206)
Net cash used in investing activities (1,727,562) (2,076,974)
Cash flows provided by financing activities    
Dividends paid – RenaissanceRe common shares (33,063) (29,439)
Dividends paid – preference shares (16,345) (18,378)
RenaissanceRe common share issuance, net of expenses 1,095,549 0
RenaissanceRe common share repurchases (62,621) 0
Issuance of debt, net of expenses 0 396,411
Repayment of debt (250,000) 0
Redemption of 6.08% Series C preference shares (125,000) 0
Net third-party redeemable noncontrolling interest share transactions 79,283 514,732
Taxes paid on withholding shares (10,243) (7,083)
Net cash provided by financing activities 677,560 856,243
Effect of exchange rate changes on foreign currency cash (187) (534)
Net decrease in cash and cash equivalents (193,224) (437,296)
Cash and cash equivalents, beginning of period 1,379,068 1,107,922
Cash and cash equivalents, end of period $ 1,185,844 $ 670,626