XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Fixed maturity investments trading, at fair value – amortized cost $23,927,291 at September 30, 2024 (December 31, 2023 – $20,872,450) $ 24,287,185 $ 20,877,108
Short term investments, at fair value – amortized cost $4,302,346 at September 30, 2024 (December 31, 2023 – $4,603,340) 4,302,991 4,604,079
Equity investments, at fair value 133,091 106,766
Other investments, at fair value 4,172,451 3,515,566
Investments in other ventures, under equity method 137,959 112,624
Total investments 33,033,677 29,216,143
Cash and cash equivalents 1,572,911 1,877,518
Premiums receivable 8,226,928 7,280,682
Prepaid reinsurance premiums 1,197,533 924,777
Reinsurance recoverable 4,738,637 5,344,286
Accrued investment income 223,003 205,713
Deferred acquisition costs and value of business acquired 1,719,100 1,751,437
Deferred tax asset 650,712 685,040
Receivable for investments sold 332,048 622,197
Other assets 344,383 323,960
Goodwill and other intangible assets 717,478 775,352
Total assets 52,756,410 49,007,105
Liabilities    
Reserve for claims and claim expenses 21,221,194 20,486,869
Unearned premiums 7,041,149 6,136,135
Debt 1,935,928 1,958,655
Reinsurance balances payable 3,179,282 3,186,174
Payable for investments purchased 606,601 661,611
Other liabilities 668,673 1,021,872
Total liabilities 34,652,827 33,451,316
Commitments and contingencies
Redeemable noncontrolling interests 6,860,999 6,100,831
Shareholders’ Equity    
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at September 30, 2024 (December 31, 2023 – 30,000) 750,000 750,000
Common shares: $1.00 par value – 51,940,355 shares issued and outstanding at September 30, 2024 (December 31, 2023 – 52,693,887) 51,940 52,694
Additional paid-in capital 1,959,061 2,144,459
Accumulated other comprehensive income (loss) (13,027) (14,211)
Retained earnings 8,494,610 6,522,016
Total shareholders’ equity attributable to RenaissanceRe 11,242,584 9,454,958
Total liabilities, noncontrolling interests and shareholders’ equity $ 52,756,410 $ 49,007,105