XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.22.1

Fair Value Measurements (Quantitative Information Used as Level 3 Inputs) (Details) $ in Thousands | Mar. 31, 2022 USD ($) $ / shares | Dec. 31, 2021 USD ($) $ / shares
--- | --- | ---
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | $ 2,182,479 | $ 1,993,059
Other liabilities | (8,515) | (10,827)
Fair Value, Measurements, Recurring |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 2,182,479 | 1,993,059
Other liabilities | (27,992) | (3,792)
Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs | 20,742,120 | 21,340,799
Fair Value, Measurements, Recurring | Assumed and ceded (re)insurance contracts |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other liabilities | (4,099) | (4,727)
Fair Value, Measurements, Recurring | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 165,213 | 163,223
Other liabilities | (4,099) | (4,727)
Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs | 161,114 | 158,496
Fair Value, Measurements, Recurring | Internal valuation model | Fair Value (Level 3) | Assumed and ceded (re)insurance contracts, group two |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other liabilities | (4,099) | (4,727)
Fair Value, Measurements, Recurring | Direct private equity investment | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 80,213 | 88,373
Fair Value, Measurements, Recurring | Direct private equity investment | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 80,213 | 88,373
Fair Value, Measurements, Recurring | Term loans | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 85,000 | 74,850
Fair Value, Measurements, Recurring | Term loans | Internal valuation model | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | 85,000 |
Fair Value, Measurements, Recurring | Term loans | Discounted cash flow | Fair Value (Level 3) |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Other investments | $ 85,000 | $ 74,850
Discount rate | Fair Value, Measurements, Recurring | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual | Assumed and ceded (re)insurance contracts, group two |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | 0.024 | 0.013
Discount rate | Fair Value, Measurements, Recurring | Direct private equity investment | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | $ / shares | 0.075 | 0.075
Liquidity discount | Fair Value, Measurements, Recurring | Direct private equity investment | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | $ / shares | 0.150 | 0.150
Credit Spread Adjustment | Fair Value, Measurements, Recurring | Term loans | Discounted cash flow | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | $ / shares | 0.002 | 0.002
Risk Premium | Fair Value, Measurements, Recurring | Term loans | Discounted cash flow | Fair Value (Level 3) | Weighted Average or Actual |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | $ / shares | 0.026 | 0.026
Net undiscounted cash flows | Fair Value, Measurements, Recurring | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual | Assumed and ceded (re)insurance contracts, group two |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | 14,700,000 | 14,920,000
Expected loss ratio | Fair Value, Measurements, Recurring | Internal valuation model | Fair Value (Level 3) | Weighted Average or Actual | Assumed and ceded (re)insurance contracts, group two |  |
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items] |  |
Significant observable and unobservable inputs (in dollars per share) | 0.098 | 0.147

X
- Definition Value of input used to measure alternative investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
Name: | us-gaap_AlternativeInvestmentMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of asset after deduction of liability. + References No definition available. + Details
Name: | us-gaap_FairValueNetAssetLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of other liabilities. + References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_OtherLongTermInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=rnr_AssumedAndCededReInsuranceContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=rnr_InternalValuationModelValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=rnr_AssumedandCededReInsuranceContractsGroupTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_PrivateEquityFundsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=rnr_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=us-gaap_ValuationTechniqueDiscountedCashFlowMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputLiquidityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputCreditSpreadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputRiskPremiumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputUndiscountedCashFlowsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=rnr_MeasurementInputExpectedLossRatioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |