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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Gross premiums written (Note 7) $ 11,733,066 $ 8,862,366 $ 9,213,540
Net premiums written (Note 7) 9,952,216 7,467,813 7,196,160
Decrease (increase) in unearned premiums 143,544 3,320 (862,171)
Net premiums earned (Note 7) 10,095,760 7,471,133 6,333,989
Net investment income (Note 5) 1,654,289 1,253,110 559,932
Net foreign exchange gains (losses) (76,076) (41,479) (56,909)
Equity in earnings (losses) of other ventures (Note 5) 47,087 43,474 11,249
Other income (loss) 1,928 (6,152) 12,636
Net realized and unrealized gains (losses) on investments (27,840) 414,522 (1,800,485)
Total revenues 11,695,148 9,134,608 5,060,412
Expenses      
Net claims and claim expenses incurred (Notes 7 and 8) 5,332,981 3,573,509 4,338,840
Acquisition expenses 2,643,867 1,875,034 1,568,606
Operational expenses 496,588 375,182 276,691
Corporate expenses 134,784 127,642 46,775
Interest expense (Note 9) 93,768 73,181 48,335
Total expenses 8,701,988 6,024,548 6,279,247
Income (loss) before taxes 2,993,160 3,110,060 (1,218,835)
Income tax benefit (expense) (Note 15) (32,628) 510,067 59,019
Net income (loss) 2,960,532 3,620,127 (1,159,816)
Net (income) loss attributable to redeemable noncontrolling interests (Note 10) (1,090,172) (1,058,995) 98,613
Net income (loss) attributable to RenaissanceRe 1,870,360 2,561,132 (1,061,203)
Dividends on preference shares (Note 12) (35,375) (35,375) (35,375)
Net income (loss) available (attributable) to RenaissanceRe common shareholders $ 1,834,985 $ 2,525,757 $ (1,096,578)
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic (in dollars per share) $ 35.31 $ 52.40 $ (25.50)
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted (in dollars per share) $ 35.21 $ 52.27 $ (25.50)