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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Gross premiums written $ 2,652,442 $ 2,025,721
Net premiums written 1,824,083 1,269,808
Increase in unearned premiums (670,247) (356,710)
Net premiums earned 1,153,836 913,098
Net investment income 79,804 99,473
Net foreign exchange losses (22,788) (5,728)
Equity in (losses) earnings of other ventures (5,558) 4,564
Other income (loss) 2,171 (4,436)
Net realized and unrealized losses on investments (345,563) (110,707)
Total revenues 861,902 896,264
Expenses    
Net claims and claim expenses incurred 867,051 570,954
Acquisition expenses 267,234 210,604
Operational expenses 55,311 67,461
Corporate expenses 10,405 15,991
Interest expense 11,912 14,927
Total expenses 1,211,913 879,937
(Loss) income before taxes (350,011) 16,327
Income tax benefit 19,516 8,846
Net (loss) income (330,495) 25,173
Net loss (income) attributable to redeemable noncontrolling interests 46,850 (98,091)
Net (loss) income attributable to RenaissanceRe (283,645) (72,918)
Dividends on preference shares (7,289) (9,056)
Net (loss) income attributable to RenaissanceRe common shareholders $ (290,934) $ (81,974)
Net loss attributable to RenaissanceRe common shareholders per common share – basic (in dollars per share) $ (5.87) $ (1.89)
Net loss attributable to RenaissanceRe common shareholders per common share – diluted (in dollars per share) (5.87) (1.89)
Dividends per common share (in dollars per share) $ 0.36 $ 0.35