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Debt and Credit Facilities
 6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Debt and Credit Facilities DEBT AND CREDIT FACILITIES
There have been no material changes to the Company’s debt obligations and credit facilities as described in its Form 10-K for the year ended December 31, 2020.
Debt Obligations
A summary of the Company’s debt obligations on its consolidated balance sheets is set forth below:
June 30, 2021December 31, 2020
Fair ValueCarrying ValueFair ValueCarrying Value
3.600% Senior Notes due 2029
$441,516 $392,846 $453,932 $392,391 
3.450% Senior Notes due 2027
328,047 297,033 329,661 296,787 
3.700% Senior Notes due 2025
310,776 298,612 315,273 298,428 
4.750% Senior Notes due 2025 (DaVinciRe) (1)
164,826 148,813 162,203 148,659 
Total debt$1,245,165 $1,137,304 $1,261,069 $1,136,265 
(1)     RenaissanceRe owns a noncontrolling economic interest in its joint venture DaVinciRe. Because RenaissanceRe controls a majority of DaVinciRe’s outstanding voting rights, the consolidated financial statements of DaVinciRe are included in the consolidated financial statements of RenaissanceRe. However, RenaissanceRe does not guarantee or provide credit support for DaVinciRe and RenaissanceRe’s financial exposure to DaVinciRe is limited to its investment in DaVinciRe’s shares and counterparty credit risk arising from reinsurance transactions.
Credit Facilities
The outstanding amounts issued or drawn under each of the Company’s significant credit facilities is set forth below:
At June 30, 2021Issued or Drawn
Revolving Credit Facility (1)
$— 
Bilateral Letter of Credit Facilities
Secured
386,571 
Unsecured
379,343 
Funds at Lloyd’s Letter of Credit Facility
225,000 
$990,914 
(1)     At June 30, 2021, no amounts were issued or drawn under this facility.