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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting, Measurement Disclosures [Abstract]

Schedule of Significant Components of the Company's Revenues and Expenses

A summary of the significant components of the Company’s revenues and expenses by segment is as follows:

			Year ended December 31, 2021			Property						Casualty and Specialty						Other						Total
			Gross premiums written			$	3,958,724					$	3,875,074					$	—					$	7,833,798
			Net premiums written			$	2,868,002					$	3,071,373					$	—					$	5,939,375
			Net premiums earned			$	2,608,298					$	2,585,883					$	—					$	5,194,181
			Net claims and claim expenses incurred			2,163,016						1,713,071						—						3,876,087
			Acquisition expenses			487,178						727,680						—						1,214,858
			Operational expenses			143,608						68,576						—						212,184
			Underwriting income (loss)			$	(185,504)					$	76,556					$	—					(108,948)
			Net investment income															319,479						319,479
			Net foreign exchange gains (losses)															(41,006)						(41,006)
			Equity in earnings of other ventures															12,309						12,309
			Other income (loss)															10,880						10,880
			Net realized and unrealized gains (losses) on investments															(218,134)						(218,134)
			Corporate expenses															(41,152)						(41,152)
			Interest expense															(47,536)						(47,536)
			Income (loss) before taxes and redeemable noncontrolling interests																					(114,108)
			Income tax (expense) benefit															10,668						10,668
			Net (income) loss attributable to redeemable noncontrolling interests															63,285						63,285
			Dividends on preference shares															(33,266)						(33,266)
			Net income (loss) available (attributable) to RenaissanceRe common shareholders																					$	(73,421)
			Net claims and claim expenses incurred – current accident year			$	2,396,389					$	1,729,168					$	—					$	4,125,557
			Net claims and claim expenses incurred – prior accident years			(233,373)						(16,097)						—						(249,470)
			Net claims and claim expenses incurred – total			$	2,163,016					$	1,713,071					$	—					$	3,876,087
			Net claims and claim expense ratio – current accident year			91.9		%				66.9		%										79.4		%
			Net claims and claim expense ratio – prior accident years			(9.0)		%				(0.7)		%										(4.8)		%
			Net claims and claim expense ratio – calendar year			82.9		%				66.2		%										74.6		%
			Underwriting expense ratio			24.2		%				30.8		%										27.5		%
			Combined ratio			107.1		%				97.0		%										102.1		%

			Year ended December 31, 2020			Property						Casualty and Specialty						Other						Total
			Gross premiums written			$	2,999,142					$	2,807,023					$	—					$	5,806,165
			Net premiums written			$	2,037,200					$	2,059,133					$	—					$	4,096,333
			Net premiums earned			$	1,936,215					$	2,016,247					$	—					$	3,952,462
			Net claims and claim expenses incurred			1,435,947						1,488,662						—						2,924,609
			Acquisition expenses			353,700						543,977						—						897,677
			Operational expenses			135,547						71,140						—						206,687
			Underwriting income (loss)			$	11,021					$	(87,532)					$	—					(76,511)
			Net investment income															354,038						354,038
			Net foreign exchange gains (losses)															27,773						27,773
			Equity in earnings of other ventures															17,194						17,194
			Other income (loss)															213						213
			Net realized and unrealized gains (losses) on investments															820,636						820,636
			Corporate expenses															(96,970)						(96,970)
			Interest expense															(50,453)						(50,453)
			Income (loss) before taxes and redeemable noncontrolling interests																					995,920
			Income tax (expense) benefit															(2,862)						(2,862)
			Net (income) loss attributable to redeemable noncontrolling interests															(230,653)						(230,653)
			Dividends on preference shares															(30,923)						(30,923)
			Net income (loss) available (attributable) to RenaissanceRe common shareholders																					$	731,482
			Net claims and claim expenses incurred – current accident year			$	1,592,996					$	1,515,425					$	—					$	3,108,421
			Net claims and claim expenses incurred – prior accident years			(157,049)						(26,763)						—						(183,812)
			Net claims and claim expenses incurred – total			$	1,435,947					$	1,488,662					$	—					$	2,924,609
			Net claims and claim expense ratio – current accident year			82.3		%				75.2		%										78.6		%
			Net claims and claim expense ratio – prior accident years			(8.1)		%				(1.4)		%										(4.6)		%
			Net claims and claim expense ratio – calendar year			74.2		%				73.8		%										74.0		%
			Underwriting expense ratio			25.2		%				30.5		%										27.9		%
			Combined ratio			99.4		%				104.3		%										101.9		%

			Year ended December 31, 2019			Property						Casualty and Specialty						Other						Total
			Gross premiums written			$	2,430,985					$	2,376,765					$	—					$	4,807,750
			Net premiums written			$	1,654,259					$	1,727,234					$	—					$	3,381,493
			Net premiums earned			$	1,627,494					$	1,710,909					$	—					$	3,338,403
			Net claims and claim expenses incurred			965,384						1,131,637						—						2,097,021
			Acquisition expenses			313,554						448,678						—						762,232
			Operational expenses			138,187						84,546						—						222,733
			Underwriting income (loss)			$	210,369					$	46,048					$	—					256,417
			Net investment income															424,207						424,207
			Net foreign exchange gains (losses)															(2,938)						(2,938)
			Equity in earnings of other ventures															23,224						23,224
			Other income (loss)															4,949						4,949
			Net realized and unrealized gains (losses) on investments															414,109						414,109
			Corporate expenses															(94,122)						(94,122)
			Interest expense															(58,364)						(58,364)
			Income (loss) before taxes and redeemable noncontrolling interests																					967,482
			Income tax (expense) benefit															(17,215)						(17,215)
			Net (income) loss attributable to redeemable noncontrolling interests															(201,469)						(201,469)
			Dividends on preference shares															(36,756)						(36,756)
			Net income (loss) available (attributable) to RenaissanceRe common shareholders																					$	712,042
			Net claims and claim expenses incurred – current accident year			$	968,357					$	1,155,519					$	—					$	2,123,876
			Net claims and claim expenses incurred – prior accident years			(2,973)						(23,882)						—						(26,855)
			Net claims and claim expenses incurred – total			$	965,384					$	1,131,637					$	—					$	2,097,021
			Net claims and claim expense ratio – current accident year			59.5		%				67.5		%										63.6		%
			Net claims and claim expense ratio – prior accident years			(0.2)		%				(1.4)		%										(0.8)		%
			Net claims and claim expense ratio – calendar year			59.3		%				66.1		%										62.8		%
			Underwriting expense ratio			27.8		%				31.2		%										29.5		%
			Combined ratio			87.1		%				97.3		%										92.3		%

Schedule of Gross Premiums Written Allocated to the Territory of Coverage Exposure

The following is a summary of the Company’s gross premiums written allocated to the territory of coverage exposure:

			Year ended December 31,			2021						2020						2019
			Property
			U.S. and Caribbean			$	2,257,088					$	1,683,538					$	1,368,205
			Worldwide			1,188,737						889,917						643,744
			Europe			253,678						189,587						182,544
			Japan			114,981						102,228						90,328
			Worldwide (excluding U.S.) (1)			34,742						62,058						79,393
			Australia and New Zealand			69,188						40,243						32,203
			Other			40,310						31,571						34,568
			Total Property			3,958,724						2,999,142						2,430,985
			Casualty and Specialty
			Worldwide			1,746,450						1,315,386						935,626
			U.S. and Caribbean			1,721,663						1,248,981						1,071,170
			Europe			217,721						121,369						227,178
			Worldwide (excluding U.S.) (1)			108,376						56,225						25,291
			Australia and New Zealand			29,001						12,429						34,053
			Other			51,863						52,633						83,447
			Total Casualty and Specialty			3,875,074						2,807,023						2,376,765
			Total gross premiums written			$	7,833,798					$	5,806,165					$	4,807,750

(1)The category “Worldwide (excluding U.S.)” consists of contracts that cover more than one geographic region (other than the U.S.).

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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