Statutory Requirements (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Actual and Required Statutory Capital and Surplus



	Bermuda (1)				Switzerland (2)				U.K. (3)				U.S. (4)
At December 31,	2021		2020		2021		2020		2021		2020		2021		2020
Statutory capital and surplus	$	7,462,710	$	6,698,377	$	874,665	$	814,837	$	983,449	$	874,170	$	819,811	$	722,721
Required statutory capital and surplus	1,753,078		1,391,621		780,000		587,300		983,449		874,170		716,118		474,622
Unrestricted net assets	1,575,526		1,705,739		300,438		232,917		—		—		81,981		72,272

(1)Includes Renaissance Reinsurance, DaVinci, RenaissanceRe Specialty U.S. and Vermeer. The Company's Bermuda-domiciled insurance subsidiaries’ capital and surplus is based on the relevant insurer’s statutory financial statements and required statutory capital and surplus is based on the minimum solvency margin.

(2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S. RREAG’s statutory capital and surplus and required statutory capital and surplus incorporate a full year of statutory net loss and risk capital, respectively.

(3)Includes Syndicate 1458. With respect to statutory capital and surplus and required statutory capital and surplus, and as described below, underwriting capacity of a member of Lloyd’s must be supported by providing a deposit in the form of cash, securities or letters of credit, which are referred to as Funds at Lloyd’s (“FAL”). FAL is determined by Lloyd’s and is based on Syndicate 1458’s solvency and capital requirements as calculated through its internal model. Syndicate 1458 is capitalized by its FAL, with the related assets not held on its balance sheet. As such, unrestricted net assets is not applicable to Syndicate 1458; however, the Company can make an application to obtain approval from Lloyd’s to have funds released to RenaissanceRe from Syndicate 1458, subject to passing a Lloyd’s release test.

(4)Includes Renaissance Reinsurance U.S.

Schedule of Statutory Net (Loss) Income

Statutory net income (loss) of the Company’s regulated insurance operations in its most significant regulatory jurisdictions are detailed below:



	Statutory Net Income (Loss)
	Bermuda (1)		Switzerland (2)		U.K. (3)		U.S. (4)
Year ended December 31, 2021	$	(89,267)	$	80,500	$	(46,352)	$	10,465
Year ended December 31, 2020	836,707		71,829		(37,427)		17,403
Year ended December 31, 2019	705,808		(52,699)		(667)		37,827

(1)Includes Renaissance Reinsurance, DaVinci, RenaissanceRe Specialty U.S. and Vermeer.

(2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S.

(3)Includes Syndicate 1458.

(4)Includes Renaissance Reinsurance U.S.