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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Fixed maturity investments trading, at fair value - amortized cost $23,750,540 at December 31, 2024 (2023 - $20,872,450) (Notes 5 and 6) $ 23,562,514 $ 20,877,108
Short term investments, at fair value - amortized cost $4,532,166 at December 31, 2024 (2023 - $4,603,340) (Notes 5 and 6) 4,531,655 4,604,079
Equity investments, at fair value (Notes 5 and 6) 117,756 106,766
Other investments, at fair value (Notes 5 and 6) 4,324,761 3,515,566
Investments in other ventures, under equity method (Note 5) 102,770 112,624
Total investments 32,639,456 29,216,143
Cash and cash equivalents 1,676,604 1,877,518
Premiums receivable (Note 7) 7,290,228 7,280,682
Prepaid reinsurance premiums (Note 7) 888,332 924,777
Reinsurance recoverable (Notes 7 and 8) 4,481,390 5,344,286
Accrued investment income 238,290 205,713
Deferred acquisition costs and value of business acquired 1,552,359 1,751,437
Deferred tax asset 701,053 685,040
Receivable for investments sold 91,669 622,197
Other assets 444,037 323,960
Goodwill and other intangible assets (Note 4) 704,132 775,352
Total assets 50,707,550 49,007,105
Liabilities    
Reserve for claims and claim expenses (Note 8) 21,303,491 20,486,869
Unearned premiums 5,950,415 6,136,135
Debt 1,886,689 1,958,655
Reinsurance balances payable 2,804,344 3,186,174
Payable for investments purchased 150,721 661,611
Other liabilities 1,060,129 1,021,872
Total liabilities 33,155,789 33,451,316
Commitments and contingencies (Note 20)
Redeemable noncontrolling interests (Note 10) 6,977,749 6,100,831
Shareholders’ Equity    
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at December 31, 2024 (2023 – 30,000) (Note 12) 750,000 750,000
Common shares: $1.00 par value – 50,180,987 shares issued and outstanding at December 31, 2024 (2023 – 52,693,887) (Note 12) 50,181 52,694
Additional paid-in capital (Note 12) 1,512,435 2,144,459
Accumulated other comprehensive income (loss) (14,756) (14,211)
Retained earnings (Note 12) 8,276,152 6,522,016
Total shareholders’ equity attributable to RenaissanceRe 10,574,012 9,454,958
Total liabilities, noncontrolling interests and shareholders’ equity $ 50,707,550 $ 49,007,105