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Segment Reporting - Schedule of Significant Components of the Company's Revenues and Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]        
Gross premiums written $ 2,464,639 $ 2,094,158 $ 5,407,603 $ 4,746,600
Net premiums written 1,863,616 1,512,292 4,028,833 3,336,375
Net premiums earned 1,456,383 1,192,790 2,942,808 2,346,626
Net claims and claim expenses incurred 706,239 520,021 1,547,972 1,387,072
Acquisition expenses 361,238 285,590 737,745 552,824
Operational expenses 72,520 58,203 140,427 113,514
Underwriting income (loss) 316,386 328,976 516,664 293,216
Net investment income 107,211 80,925 190,902 160,729
Net foreign exchange gain (loss) (50,821) 3,234 (66,307) (19,554)
Equity in earnings (losses) of other ventures 7,383 8,732 993 3,174
Other income (loss) 923 586 2,116 2,757
Net realized and unrealized gains (losses) on investments (654,107) 191,018 (1,327,124) (154,545)
Corporate expenses (12,352) (10,125) (24,854) (20,530)
Interest expense (11,895) (11,833) (23,850) (23,745)
Income (loss) before taxes (297,272) 591,513 (731,460) 241,502
Income tax benefit (expense) 30,534 (13,862) 67,241 5,654
Net (income) loss attributable to redeemable noncontrolling interests (49,331) (113,544) (37,419) (66,694)
Dividends on preference shares (8,844) (7,289) (17,688) (14,578)
Net income (loss) available (attributable) to RenaissanceRe common shareholders (324,913) 456,818 (719,326) 165,884
Net claims and claim expenses incurred – current accident year 749,196 572,050 1,608,762 1,448,133
Net claims and claim expenses incurred – prior accident years (42,957) (52,029) (60,790) (61,061)
Total net incurred $ 706,239 $ 520,021 $ 1,547,972 $ 1,387,072
Net claims and claim expense ratio – current accident year 51.40% 48.00% 54.70% 61.70%
Net claims and claim expense ratio – prior accident years (2.90%) (4.40%) (2.10%) (2.60%)
Net claims and claim expense ratio – calendar year 48.50% 43.60% 52.60% 59.10%
Underwriting expense ratio 29.80% 28.80% 29.80% 28.40%
Combined ratio 78.30% 72.40% 82.40% 87.50%
Other        
Segment Reporting Information [Line Items]        
Gross premiums written $ 0 $ 0 $ 0 $ 0
Net premiums written 0 0 0 0
Net premiums earned 0 0 0 0
Net claims and claim expenses incurred 0 0 0 0
Acquisition expenses 0 0 0 0
Operational expenses 0 0 0 0
Underwriting income (loss) 0 0 0 0
Net investment income 107,211 80,925 190,902 160,729
Net foreign exchange gain (loss) (50,821) 3,234 (66,307) (19,554)
Equity in earnings (losses) of other ventures 7,383 8,732 993 3,174
Other income (loss) 923 586 2,116 2,757
Net realized and unrealized gains (losses) on investments (654,107) 191,018 (1,327,124) (154,545)
Corporate expenses (12,352) (10,125) (24,854) (20,530)
Interest expense (11,895) (11,833) (23,850) (23,745)
Income tax benefit (expense) 30,534 (13,862) 67,241 5,654
Net (income) loss attributable to redeemable noncontrolling interests (49,331) (113,544) (37,419) (66,694)
Dividends on preference shares (8,844) (7,289) (17,688) (14,578)
Net claims and claim expenses incurred – current accident year 0 0 0 0
Net claims and claim expenses incurred – prior accident years 0 0 0 0
Total net incurred 0 0 0 0
Property        
Segment Reporting Information [Line Items]        
Net claims and claim expenses incurred – prior accident years     (51,810) (56,145)
Property | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,218,321 1,183,556 2,561,829 2,800,375
Net premiums written 887,975 803,335 1,778,141 1,811,795
Net premiums earned 623,581 560,397 1,242,172 1,165,563
Net claims and claim expenses incurred 171,924 97,150 431,685 595,982
Acquisition expenses 137,567 109,238 264,663 221,992
Operational expenses 49,627 38,887 96,559 74,262
Underwriting income (loss) 264,463 315,122 449,265 273,327
Net claims and claim expenses incurred – current accident year 206,976 148,133 483,495 652,127
Net claims and claim expenses incurred – prior accident years (35,052) (50,983) (51,810) (56,145)
Total net incurred $ 171,924 $ 97,150 $ 431,685 $ 595,982
Net claims and claim expense ratio – current accident year 33.20% 26.40% 38.90% 55.90%
Net claims and claim expense ratio – prior accident years (5.60%) (9.10%) (4.10%) (4.80%)
Net claims and claim expense ratio – calendar year 27.60% 17.30% 34.80% 51.10%
Underwriting expense ratio 30.00% 26.50% 29.00% 25.40%
Combined ratio 57.60% 43.80% 63.80% 76.50%
Casualty and Specialty        
Segment Reporting Information [Line Items]        
Net claims and claim expenses incurred – prior accident years     $ (8,980) $ (4,916)
Casualty and Specialty | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,246,318 $ 910,602 2,845,774 1,946,225
Net premiums written 975,641 708,957 2,250,692 1,524,580
Net premiums earned 832,802 632,393 1,700,636 1,181,063
Net claims and claim expenses incurred 534,315 422,871 1,116,287 791,090
Acquisition expenses 223,671 176,352 473,082 330,832
Operational expenses 22,893 19,316 43,868 39,252
Underwriting income (loss) 51,923 13,854 67,399 19,889
Net claims and claim expenses incurred – current accident year 542,220 423,917 1,125,267 796,006
Net claims and claim expenses incurred – prior accident years (7,905) (1,046) (8,980) (4,916)
Total net incurred $ 534,315 $ 422,871 $ 1,116,287 $ 791,090
Net claims and claim expense ratio – current accident year 65.10% 67.00% 66.20% 67.40%
Net claims and claim expense ratio – prior accident years (0.90%) (0.10%) (0.60%) (0.40%)
Net claims and claim expense ratio – calendar year 64.20% 66.90% 65.60% 67.00%
Underwriting expense ratio 29.60% 30.90% 30.40% 31.30%
Combined ratio 93.80% 97.80% 96.00% 98.30%