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SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]        
Gross premiums written $ 3,425,495 $ 2,651,621 $ 7,416,179 $ 5,441,882
Net premiums written 2,838,511 2,195,803 6,038,084 4,459,506
Net premiums earned 2,541,315 1,785,262 4,985,225 3,465,812
Net claims and claim expenses incurred 1,309,502 931,211 2,475,625 1,732,411
Acquisition expenses 644,438 422,545 1,275,359 854,802
Operational expenses 108,039 80,491 214,223 157,965
Underwriting income (loss) 479,336 351,015 1,020,018 720,634
Net investment income 410,845 292,662 801,620 547,040
Net foreign exchange gains (losses) (8,815) (13,488) (44,498) (27,991)
Equity in earnings of other ventures 12,590 7,700 26,717 17,230
Other income (loss) 169 3,876 119 (430)
Net realized and unrealized gains (losses) on investments (127,584) (222,781) (341,238) 56,670
Corporate expenses (35,159) (23,371) (74,411) (36,214)
Interest expense (23,609) (14,895) (46,713) (27,029)
Income (loss) before taxes 707,773 380,718 1,341,614 1,249,910
Income tax benefit (expense) 20,848 (5,942) 5,476 (34,844)
Net (income) loss attributable to redeemable noncontrolling interests (224,731) (174,907) (469,558) (442,291)
Dividends on preference shares (8,844) (8,844) (17,688) (17,688)
Net income (loss) available (attributable) to RenaissanceRe common shareholders 495,046 191,025 859,844 755,087
Net income (loss) available (attributable) to RenaissanceRe common shareholders, diluted 495,046 191,025 859,844 755,087
Net claims and claim expenses incurred – current accident year 1,417,773 963,309 2,680,977 1,869,261
Net claims and claim expenses incurred – prior accident years (108,271) (32,098) (205,352) (136,850)
Total net incurred $ 1,309,502 $ 931,211 $ 2,475,625 $ 1,732,411
Net claims and claim expense ratio – current accident year 55.80% 54.00% 53.80% 53.90%
Net claims and claim expense ratio – prior accident years (4.30%) (1.80%) (4.10%) (3.90%)
Net claims and claim expense ratio – calendar year 51.50% 52.20% 49.70% 50.00%
Underwriting expense ratio 29.60% 28.10% 29.80% 29.20%
Combined ratio 81.10% 80.30% 79.50% 79.20%
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 410,845 292,662 801,620 547,040
Net foreign exchange gains (losses) (8,815) (13,488) (44,498) (27,991)
Equity in earnings of other ventures 12,590 7,700 26,717 17,230
Other income (loss) 169 3,876 119 (430)
Net realized and unrealized gains (losses) on investments (127,584) (222,781) (341,238) 56,670
Corporate expenses (35,159) (23,371) (74,411) (36,214)
Interest expense (23,609) (14,895) (46,713) (27,029)
Income tax benefit (expense) 20,848 (5,942) 5,476 (34,844)
Net (income) loss attributable to redeemable noncontrolling interests (224,731) (174,907) (469,558) (442,291)
Dividends on preference shares (8,844) (8,844) (17,688) (17,688)
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     (179,058) (113,332)
Property | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,753,098 1,402,606 3,642,979 2,706,805
Net premiums written 1,358,660 1,144,655 2,756,278 2,164,484
Net premiums earned 980,834 758,686 1,916,917 1,446,106
Net claims and claim expenses incurred 273,354 281,993 427,603 469,602
Acquisition expenses 188,345 140,606 374,127 285,925
Operational expenses 67,425 55,077 129,049 110,890
Underwriting income (loss) 451,710 281,010 986,138 579,689
Net claims and claim expenses incurred – current accident year 357,745 313,632 606,661 582,934
Net claims and claim expenses incurred – prior accident years (84,391) (31,639) (179,058) (113,332)
Total net incurred $ 273,354 $ 281,993 $ 427,603 $ 469,602
Net claims and claim expense ratio – current accident year 36.50% 41.30% 31.60% 40.30%
Net claims and claim expense ratio – prior accident years (8.60%) (4.10%) (9.30%) (7.80%)
Net claims and claim expense ratio – calendar year 27.90% 37.20% 22.30% 32.50%
Underwriting expense ratio 26.00% 25.80% 26.30% 27.40%
Combined ratio 53.90% 63.00% 48.60% 59.90%
Casualty and Specialty        
Segment Reporting Information [Line Items]        
Net claims and claim expenses incurred – prior accident years     $ (26,294) $ (23,518)
Casualty and Specialty | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,672,397 $ 1,249,015 3,773,200 2,735,077
Net premiums written 1,479,851 1,051,148 3,281,806 2,295,022
Net premiums earned 1,560,481 1,026,576 3,068,308 2,019,706
Net claims and claim expenses incurred 1,036,148 649,218 2,048,022 1,262,809
Acquisition expenses 456,093 281,939 901,232 568,877
Operational expenses 40,614 25,414 85,174 47,075
Underwriting income (loss) 27,626 70,005 33,880 140,945
Net claims and claim expenses incurred – current accident year 1,060,028 649,677 2,074,316 1,286,327
Net claims and claim expenses incurred – prior accident years (23,880) (459) (26,294) (23,518)
Total net incurred $ 1,036,148 $ 649,218 $ 2,048,022 $ 1,262,809
Net claims and claim expense ratio – current accident year 67.90% 63.30% 67.60% 63.70%
Net claims and claim expense ratio – prior accident years (1.50%) (0.10%) (0.90%) (1.20%)
Net claims and claim expense ratio – calendar year 66.40% 63.20% 66.70% 62.50%
Underwriting expense ratio 31.80% 30.00% 32.20% 30.50%
Combined ratio 98.20% 93.20% 98.90% 93.00%