XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Fixed maturity investments trading, at fair value - amortized cost $13,552,579 at December 31, 2021 (2020 - $13,155,035) (Notes 5 and 6) $ 13,507,131 $ 13,506,503
Short term investments, at fair value (Notes 5 and 6) 5,298,385 4,993,735
Equity investments trading, at fair value (Notes 5 and 6) 546,016 702,617
Other investments, at fair value (Notes 5 and 6) 1,993,059 1,256,948
Investments in other ventures, under equity method (Note 5) 98,068 98,373
Total investments 21,442,659 20,558,176
Cash and cash equivalents 1,859,019 1,736,813
Premiums receivable (Note 7) 3,781,542 2,894,631
Prepaid reinsurance premiums (Note 7) 854,722 823,582
Reinsurance recoverable (Notes 7 and 8) 4,268,669 2,926,010
Accrued investment income 55,740 66,743
Deferred acquisition costs and value of business acquired 849,160 633,521
Receivable for investments sold 380,442 568,293
Other assets 224,053 363,170
Goodwill and other intangible assets (Note 4) 243,496 249,641
Total assets 33,959,502 30,820,580
Liabilities    
Reserve for claims and claim expenses (Note 8) 13,294,630 10,381,138
Unearned premiums 3,531,213 2,763,599
Debt (Note 9) 1,168,353 1,136,265
Reinsurance balances payable 3,860,963 3,488,352
Payable for investments purchased 1,170,568 1,132,538
Other liabilities 755,441 970,121
Total liabilities 23,781,168 19,872,013
Commitments and Contingencies (Note 20)
Redeemable noncontrolling interests (Note 10) 3,554,053 3,388,319
Shareholders’ Equity (Note 12)    
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at December 31, 2021 (2020 – 11,010,000) 750,000 525,000
Common shares: $1.00 par value – 44,444,831 shares issued and outstanding at December 31, 2021 (2020 – 50,810,618) 44,445 50,811
Additional paid-in capital 608,121 1,623,206
Accumulated other comprehensive income (loss) (10,909) (12,642)
Retained earnings 5,232,624 5,373,873
Total shareholders’ equity attributable to RenaissanceRe 6,624,281 7,560,248
Total liabilities, noncontrolling interests and shareholders’ equity $ 33,959,502 $ 30,820,580