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SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Share Repurchase Program On November 6, 2024, the Board approved an increase in the authorized share repurchase program, bringing the total authorization to an aggregate amount of up to $750 million. Credit Facilities On October 3, 2024, Renaissance Reinsurance Ltd., RenaissanceRe Europe AG (collectively, the “Applicants”) and RenaissanceRe Holdings Ltd. (the “Guarantor”), and Nordea Bank Abp, New York Branch (“Nordea”) entered into a Standby Letter of Credit Agreement (the “Agreement”), to provide for an uncommitted, unsecured facility under which letters of credit may be issued from time to time for the respective accounts of the Applicants. Pursuant to the Agreement, the Applicants may request letters of credit up to an aggregate amount of $250.0 million. The obligations of the Applicants under the Agreement are guaranteed by the Guarantor. The Agreement contains representations, warranties and covenants that are customary for facilities of this type. In the case of an event of default under the agreement, Nordea may exercise certain remedies. Renaissance Reinsurance was party to an Amended and Restated Letter of Credit Reimbursement Agreement dated November 7, 2019, as amended (the “Funds at Lloyd’s Letter of Credit Facility”), with Bank of Montreal, Citibank Europe and ING Bank N.V., which provides a facility under which letters of credit may be issued from time to time to support business written by RenaissanceRe Syndicate 1458. The Funds at Lloyd’s Letter of Credit Facility was fully repaid, and on November 4, 2024, Renaissance Reinsurance terminated the facility. Hurricane Milton In October 2024, Hurricane Milton impacted Florida. The Company currently estimates that losses from Hurricane Milton will have a $275.0 million net negative impact on net income (loss) available (attributable) to RenaissanceRe common shareholders in the fourth quarter of 2024. Net negative impact on underwriting result includes the sum of (1) net claims and claim expenses incurred, (2) assumed and ceded reinstatement premiums earned and (3) earned and lost profit commissions. Net negative impact on net income (loss) available (attributable) to RenaissanceRe common shareholders is the sum of (1) net negative impact on underwriting result and (2) redeemable noncontrolling interest, both before consideration of any related income tax benefit (expense). The Company’s estimate of Hurricane Milton’s impact on the financial results is based on a review of its potential exposures, preliminary discussions with certain counterparties and actuarial modeling techniques. Meaningful uncertainty remains regarding the estimate and the nature and extent of the loss from Hurricane Milton, driven by the magnitude and recent occurrence, the geographic area, relatively limited claims data received to date, the contingent nature of business interruption and other exposures, potential uncertainties relating to reinsurance recoveries and other factors inherent in loss estimation, among other things. Accordingly, the Company’s actual net negative impact from this event may vary from these estimates, perhaps materially. The Company’s actual net negative impact from this event will be reflected in the fourth quarter 2024 results of operations, when reported