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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows provided by (used in) operating activities    
Net income (loss) $ (664,219) $ 247,156
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities    
Amortization, accretion and depreciation 9,583 (7,927)
Equity in undistributed (earnings) losses of other ventures 13,961 15,848
Net realized and unrealized (gains) losses on investments 1,220,758 160,077
Change in:    
Premiums receivable (1,626,675) (1,586,861)
Prepaid reinsurance premiums (499,843) (537,459)
Reinsurance recoverable 62,210 (261,628)
Deferred acquisition costs and value of business acquired (240,266) (250,405)
Reserve for claims and claim expenses 148,176 563,604
Unearned premiums 1,586,004 1,520,661
Reinsurance balances payable 524,871 1,001,489
Other (265,391) (529,386)
Net cash provided by (used in) operating activities 269,169 335,169
Cash flows provided by (used in) investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 10,527,219 8,921,362
Purchases of fixed maturity investments trading (11,743,171) (9,251,778)
Net sales (purchases) of equity investments trading (286,399) 123,242
Net sales (purchases) of short term investments 939,736 624,792
Net sales (purchases) of other investments (397,523) (286,511)
Net sales (purchases) of investments in other ventures 2,391  
Net sales (purchases) of investments in other ventures   (15,342)
Return of investment from investment in other ventures 2,213 2,622
Net cash provided by (used in) investing activities (955,534) 118,387
Cash flows provided by (used in) financing activities    
Dividends paid – RenaissanceRe common shares (32,437) (34,997)
Dividends paid – preference shares (17,780) (14,578)
RenaissanceRe common share repurchases (141,356) (480,660)
Net third-party redeemable noncontrolling interest share transactions 408,774 140,439
Taxes paid on withholding shares (10,848) (9,897)
Net cash provided by (used in) financing activities 206,353 (399,693)
Effect of exchange rate changes on foreign currency cash 19,088 (920)
Net increase (decrease) in cash and cash equivalents (460,924) 52,943
Cash and cash equivalents, beginning of period 1,859,019 1,736,813
Cash and cash equivalents, end of period $ 1,398,095 $ 1,789,756