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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Fixed maturity investments trading, at fair value – amortized cost $23,266,328 at March 31, 2025 (December 31, 2024 – $23,750,540) (Notes 3 and 4) $ 23,310,208 $ 23,562,514
Short term investments, at fair value – amortized cost $5,054,809 at March 31, 2025 (December 31, 2024 – $4,532,166) (Notes 3 and 4) 5,054,254 4,531,655
Equity investments, at fair value (Notes 3 and 4) 887,508 117,756
Other investments, at fair value (Notes 3 and 4) 4,239,952 4,324,761
Investments in other ventures, under equity method (Note 3) 101,227 102,770
Total investments 33,593,149 32,639,456
Cash and cash equivalents 1,632,797 1,676,604
Premiums receivable (Note 5) 8,437,901 7,290,228
Prepaid reinsurance premiums (Note 5) 1,213,867 888,332
Reinsurance recoverable (Notes 5 and 6) 4,577,895 4,481,390
Accrued investment income 216,780 238,290
Deferred acquisition costs and value of business acquired 1,684,843 1,552,359
Deferred tax asset 764,711 701,053
Receivable for investments sold 160,587 91,669
Other assets 664,706 444,037
Goodwill and other intangible assets 686,147 704,132
Total assets 53,633,383 50,707,550
Liabilities    
Reserve for claims and claim expenses (Note 6) 22,857,131 21,303,491
Unearned premiums 6,999,119 5,950,415
Debt (Note 7) 2,753,738 1,886,689
Reinsurance balances payable 2,857,122 2,804,344
Payable for investments purchased 551,871 150,721
Other liabilities 575,726 1,060,129
Total liabilities 36,594,707 33,155,789
Commitments and contingencies (Note 14)
Redeemable noncontrolling interests (Note 8) 6,690,173 6,977,749
Shareholders’ Equity    
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at March 31, 2025 (December 31, 2024 – 30,000) (Note 10) 750,000 750,000
Common shares: $1.00 par value – 48,928,318 shares issued and outstanding at March 31, 2025 (December 31, 2024 – 50,180,987) (Note 10) 48,928 50,181
Additional paid-in capital (Note 10) 1,146,653 1,512,435
Accumulated other comprehensive income (loss) (14,844) (14,756)
Retained earnings (Note 10) 8,417,766 8,276,152
Total shareholders’ equity attributable to RenaissanceRe 10,348,503 10,574,012
Total liabilities, noncontrolling interests and shareholders’ equity $ 53,633,383 $ 50,707,550