Earnings Per Share

9 Months Ended

Sep. 30, 2021

EARNINGS PER SHARE

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



	Three months ended				Nine months ended
(common shares in thousands)	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
Numerator:
Net (loss) income (attributable) available to RenaissanceRe common shareholders	$	(450,222)	$	47,799	$	(284,338)	$	541,670
Amount allocated to participating common shareholders (1)	(229)		(582)		(485)		(6,677)
Net (loss) income allocated to RenaissanceRe common shareholders	$	(450,451)	$	47,217	$	(284,823)	$	534,993
Denominator:
Denominator for basic (loss) income per RenaissanceRe common share - weighted average common shares	46,223		50,009		47,988		46,130
Per common share equivalents of non-vested shares	—		85		—		70
Denominator for diluted (loss) income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions	46,223		50,094		47,988		46,200
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – basic	$	(9.75)	$	0.94	$	(5.94)	$	11.60
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – diluted	$	(9.75)	$	0.94	$	(5.94)	$	11.58

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