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DEBT AND CREDIT FACILITIES (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | A summary of the Company’s debt obligations on its consolidated balance sheets is set forth below:
|  | September 30, 2022 |  | December 31, 2021 |
|  | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value |
| 3.600% Senior Notes due 2029 | $ | 353,860 |  |  | $ | 393,992 |  |  | $ | 432,316 |  |  | $ | 393,305 |  |
| 3.450% Senior Notes due 2027 | 274,782 |  |  | 297,651 |  |  | 321,204 |  |  | 297,281 |  |
| 3.700% Senior Notes due 2025 | 289,431 |  |  | 299,074 |  |  | 318,852 |  |  | 298,798 |  |
| 4.750% Senior Notes due 2025 (DaVinciRe) (1) | 144,611 |  |  | 149,200 |  |  | 166,071 |  |  | 148,969 |  |
| Total senior notes | 1,062,684 |  |  | 1,139,917 |  |  | 1,238,443 |  |  | 1,138,353 |  |
| Medici Revolving Credit Facility (2) | 30,000 |  |  | 30,000 |  |  | 30,000 |  |  | 30,000 |  |
| Total debt | $ | 1,092,684 |  |  | $ | 1,169,917 |  |  | $ | 1,268,443 |  |  | $ | 1,168,353 |  |
(1)RenaissanceRe owns a noncontrolling economic interest in its joint venture DaVinciRe. Because RenaissanceRe controls a majority of DaVinciRe’s issued voting shares, the consolidated financial statements of DaVinciRe are included in the consolidated financial statements of RenaissanceRe. However, RenaissanceRe does not guarantee or provide credit support for DaVinciRe and RenaissanceRe’s financial exposure to DaVinciRe is limited to its investment in DaVinciRe’s shares and counterparty credit risk arising from reinsurance transactions. (2)RenaissanceRe owns a noncontrolling economic interest in Medici. Because RenaissanceRe controls all of Medici’s issued voting shares, the financial statements of Medici are included in RenaissanceRe’s consolidated financial statements.
Schedule of Line of Credit Facilities | The outstanding amounts issued or drawn under each of the Company’s significant credit facilities is set forth below:
| At September 30, 2022 | Issued or Drawn |
| Revolving Credit Facility (1) | $ | — |  |
| Medici Revolving Credit Facility (2) | 30,000 |  |
| Bilateral Letter of Credit Facilities |  |
| Secured | 477,299 |  |
| Unsecured | 573,152 |  |
| Funds at Lloyd’s Letter of Credit Facility | 275,000 |  |
|  | $ | 1,355,451 |  |
(1)At September 30, 2022, no amounts were issued or drawn under this facility. (2)RenaissanceRe owns a noncontrolling economic interest in Medici. Because RenaissanceRe controls all of Medici’s issued voting shares, the financial statements of Medici are included in RenaissanceRe’s consolidated financial statements. The drawn amount of the Medici Revolving Credit Facility is included on the Company’s consolidated balance sheets under debt.

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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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