XML 73 R54.htm IDEA: XBRL DOCUMENT
v3.25.0.1

STATUTORY REQUIREMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Insurance [Abstract] |
Schedule of Actual and Required Statutory Capital and Surplus | The following table summarizes the statutory capital and surplus and required minimum statutory capital and surplus of the Company’s primary regulated insurance operations in its most significant regulatory jurisdictions:
|  | Bermuda (1) |  | Switzerland (2) |  | U.K. (3) |  | U.S. (4) |
| At December 31, | 2024 |  | 2023 |  | 2024 |  | 2023 |  | 2024 |  | 2023 |  | 2024 |  | 2023 |
| Statutory capital and surplus | $ | 11,793,261 |  |  | $ | 12,141,907 |  |  | $ | 1,908,106 |  |  | $ | 2,644,998 |  |  | $ | 952,309 |  |  | $ | 935,776 |  |  | $ | 1,255,304 |  |  | $ | 1,044,010 |  |
| Required statutory capital and surplus | 2,686,108 |  |  | 2,284,208 |  |  | 1,049,922 |  |  | 987,707 |  |  | 952,309 |  |  | 935,776 |  |  | 967,735 |  |  | 794,061 |  |
(1)Includes Renaissance Reinsurance, DaVinci Reinsurance, RenaissanceRe Specialty U.S., Vermeer, Fontana and Validus Re (which was acquired in on November 1, 2023). The Company’s primary Bermuda-domiciled insurance subsidiaries’ required statutory capital and surplus is based on the minimum solvency margin. On October 1, 2024, Renaissance Reinsurance and Validus Re were amalgamated. The previously reported statutory capital and surplus and required statutory capital and surplus at December 31, 2023 have been updated to actual amounts filed and reflect guidance received by the BMA on February 23, 2024 related to the impact of the CIT in the statutory financial statements. (2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S., and Validus Switzerland (which was acquired on November 1, 2023) and its Bermuda branch. On June 21, 2024, Validus Switzerland merged into RREAG. (3)Includes Syndicate 1458. With respect to statutory capital and surplus and required statutory capital and surplus, underwriting capacity of a member of Lloyd’s must be supported by providing a deposit in the form of cash, securities or letters of credit, which are referred to as FAL. Syndicate 1458 is capitalized by its FAL, with the related assets not held on its balance sheet. (4)Includes Renaissance Reinsurance U.S.
Schedule of Statutory Net (Loss) Income | The following table summarizes the statutory net income (loss) of the Company’s primary regulated insurance operations in its most significant regulatory jurisdictions:
|  | Statutory Net Income (Loss) |
|  | Bermuda (1) |  | Switzerland (2) |  | U.K. (3) |  | U.S. (4) |
| Year ended December 31, 2024 | $ | 2,056,265 |  |  | $ | 312,000 |  |  | $ | 89,169 |  |  | $ | (87,897) |  |
| Year ended December 31, 2023 | 2,699,083 |  |  | 225,751 |  |  | 158,258 |  |  | (17,618) |  |
| Year ended December 31, 2022 | (706,676) |  |  | (244,035) |  |  | (24,573) |  |  | 35,344 |  |
(1)Includes Renaissance Reinsurance, DaVinci Reinsurance, RenaissanceRe Specialty U.S., Vermeer, Fontana and Validus Re (which was acquired in on November 1, 2023). On October 1, 2024, Renaissance Reinsurance and Validus Re were amalgamated. (2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S., and Validus Switzerland and its Bermuda branch (which was acquired on November 1, 2023). On June 21, 2024 Validus Switzerland merged into RREAG. (3)Includes Syndicate 1458. (4)Includes Renaissance Reinsurance U.S.
Summary of Reinsurance Trusts | The following table summarizes the assets held under trust and minimum amount required with respect to the MBRTs:
| At December 31. | 2024 |  | 2023 |
|  | Assets Held Under Trust |  | Minimum Amount Required |  | Assets Held Under Trust |  | Minimum Amount Required |
| Renaissance Reinsurance (1) | $ | 954,114 |  |  | $ | 554,119 |  |  | $ | 1,209,808 |  |  | $ | 910,646 |  |
| DaVinci Reinsurance | 179,849 |  |  | 47,179 |  |  | 174,352 |  |  | 114,203 |  |
| RREAG (2) | 1,463,275 |  |  | 1,312,796 |  |  | 1,342,339 |  |  | 1,298,712 |  |
(1) Renaissance Reinsurance and Validus Re amalgamated on October 1, 2024. Comparative information for 2023 has been reclassified to include Validus Re. (2) RREAG and Validus Switzerland merged on June 21, 2024, with RREAG being the successor to the MBRTs held by Validus Switzerland. The following table summarizes the assets held under trust and minimum amount required with respect to the reduced collateral reinsurance trusts:
| At December 31. | 2024 |  | 2023 |
|  | Assets Held Under Trust |  | Minimum Amount Required |  | Assets Held Under Trust |  | Minimum Amount Required |
| Renaissance Reinsurance | $ | 187,742 |  |  | $ | 83,622 |  |  | $ | 193,922 |  |  | $ | 129,380 |  |
| DaVinci Reinsurance | 220,542 |  |  | 73,210 |  |  | 215,560 |  |  | 125,184 |  |
| RREAG | 101,252 |  |  | $ | 67,671 |  |  | 103,632 |  |  | 75,380 |  |

X
- Definition Schedule Of Reinsurance Trusts + References No definition available. + Details
Name: | rnr_ScheduleOfReinsuranceTrustsTableTextBlock
Namespace Prefix: | rnr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Statutory Capital, Surplus and Unrestricted Net Assets [Table Text Block] + References No definition available. + Details
Name: | rnr_ScheduleofStatutoryCapitalSurplusandUnrestrictedNetAssetsTableTextBlock
Namespace Prefix: | rnr_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Statutory Net Income (Loss) [Table Text Block] + References No definition available. + Details
Name: | rnr_ScheduleofStatutoryNetIncomeLossTableTextBlock
Namespace Prefix: | rnr_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InsuranceAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration