SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting, Measurement Disclosures [Abstract]

Schedule of Significant Components of the Company's Revenues and Expenses by Segment

A summary of the significant components of the Company’s revenues and expenses by segment is as follows:



Three months ended June 30, 2025	Property			Casualty and Specialty			Other		Total
Gross premiums written	$	1,731,935		$	1,689,245		$	—	$	3,421,180
Net premiums written	$	1,325,557		$	1,444,713		$	—	$	2,770,270
Net premiums earned	$	868,010		$	1,544,144		$	—	$	2,412,154
Net claims and claim expenses incurred	(7,930)			1,050,053			—		1,042,123
Acquisition expenses	174,200			468,405			—		642,605
Operational expenses	71,569			54,169			—		125,738
Underwriting income (loss)	$	630,171		$	(28,483)		$	—	601,688
Net investment income							413,108		413,108
Net foreign exchange gains (losses)							8,660		8,660
Equity in earnings (losses) of other ventures							20,333		20,333
Other income (loss)							2,624		2,624
Net realized and unrealized gains (losses) on investments							349,720		349,720

Corporate expenses							(23,781)		(23,781)
Interest expense							(31,793)		(31,793)
Income (loss) before taxes									1,340,559
Income tax benefit (expense)							(176,869)		(176,869)

Net (income) loss attributable to redeemable noncontrolling interests							(328,339)		(328,339)
Dividends on preference shares							(8,844)		(8,844)
Net income (loss) available (attributable) to RenaissanceRe common shareholders									$	826,507

Net claims and claim expenses incurred – current accident year	$	258,646		$	1,053,187		$	—	$	1,311,833
Net claims and claim expenses incurred – prior accident years	(266,576)			(3,134)			—		(269,710)
Net claims and claim expenses incurred – total	$	(7,930)		$	1,050,053		$	—	$	1,042,123

Net claims and claim expense ratio – current accident year	29.8		%	68.2		%			54.4		%
Net claims and claim expense ratio – prior accident years	(30.7)		%	(0.2)		%			(11.2)		%
Net claims and claim expense ratio – calendar year	(0.9)		%	68.0		%			43.2		%
Underwriting expense ratio	28.3		%	33.8		%			31.9		%
Combined ratio	27.4		%	101.8		%			75.1		%




Six months ended June 30, 2025	Property			Casualty and Specialty			Other		Total
Gross premiums written	$	3,862,768		$	3,713,915		$	—	$	7,576,683
Net premiums written	$	3,016,551		$	3,197,248		$	—	$	6,213,799
Net premiums earned	$	2,115,960		$	3,016,975		$	—	$	5,132,935
Net claims and claim expenses incurred	1,615,327			2,170,554			—		3,785,881
Acquisition expenses	341,845			948,195			—		1,290,040
Operational expenses	135,835			90,088			—		225,923
Underwriting income (loss)	$	22,953		$	(191,862)		$	—	(168,909)
Net investment income							818,461		818,461
Net foreign exchange gains (losses)							1,332		1,332
Equity in earnings of other ventures							38,161		38,161
Other income (loss)							3,538		3,538
Net realized and unrealized gains (losses) on investments							682,660		682,660

Corporate expenses							(46,591)		(46,591)
Interest expense							(58,879)		(58,879)
Income (loss) before taxes and redeemable noncontrolling interests									1,269,773
Income tax benefit (expense)							(131,344)		(131,344)

Net (income) loss attributable to redeemable noncontrolling interests							(133,087)		(133,087)
Dividends on preference shares							(17,688)		(17,688)
Net income (loss) available (attributable) to RenaissanceRe common shareholders									$	987,654

Net claims and claim expenses incurred – current accident year	$	2,068,961		$	2,182,504		$	—	$	4,251,465
Net claims and claim expenses incurred – prior accident years	(453,634)			(11,950)			—		(465,584)
Net claims and claim expenses incurred – total	$	1,615,327		$	2,170,554		$	—	$	3,785,881

Net claims and claim expense ratio – current accident year	97.8		%	72.3		%			82.8		%
Net claims and claim expense ratio – prior accident years	(21.5)		%	(0.4)		%			(9.0)		%
Net claims and claim expense ratio – calendar year	76.3		%	71.9		%			73.8		%
Underwriting expense ratio	22.6		%	34.5		%			29.5		%
Combined ratio	98.9		%	106.4		%			103.3		%



Three months ended June 30, 2024	Property			Casualty and Specialty			Other		Total
Gross premiums written	$	1,753,098		$	1,672,397		$	—	$	3,425,495
Net premiums written	$	1,358,660		$	1,479,851		$	—	$	2,838,511
Net premiums earned	$	980,834		$	1,560,481		$	—	$	2,541,315
Net claims and claim expenses incurred	273,354			1,036,148			—		1,309,502
Acquisition expenses	188,345			456,093			—		644,438
Operational expenses	67,425			40,614			—		108,039
Underwriting income (loss)	$	451,710		$	27,626		$	—	479,336
Net investment income							410,845		410,845
Net foreign exchange gains (losses)							(8,815)		(8,815)
Equity in earnings (losses) of other ventures							12,590		12,590
Other income (loss)							169		169
Net realized and unrealized gains (losses) on investments							(127,584)		(127,584)

Corporate expenses							(35,159)		(35,159)
Interest expense							(23,609)		(23,609)
Income (loss) before taxes									707,773
Income tax benefit (expense)							20,848		20,848

Net (income) loss attributable to redeemable noncontrolling interests							(224,731)		(224,731)
Dividends on preference shares							(8,844)		(8,844)
Net income (loss) available (attributable) to RenaissanceRe common shareholders									$	495,046

Net claims and claim expenses incurred – current accident year	$	357,745		$	1,060,028		$	—	$	1,417,773
Net claims and claim expenses incurred – prior accident years	(84,391)			(23,880)			—		(108,271)
Net claims and claim expenses incurred – total	$	273,354		$	1,036,148		$	—	$	1,309,502

Net claims and claim expense ratio – current accident year	36.5		%	67.9		%			55.8		%
Net claims and claim expense ratio – prior accident years	(8.6)		%	(1.5)		%			(4.3)		%
Net claims and claim expense ratio – calendar year	27.9		%	66.4		%			51.5		%
Underwriting expense ratio	26.0		%	31.8		%			29.6		%
Combined ratio	53.9		%	98.2		%			81.1		%




Six months ended June 30, 2024	Property			Casualty and Specialty			Other		Total
Gross premiums written	$	3,642,979		$	3,773,200		$	—	$	7,416,179
Net premiums written	$	2,756,278		$	3,281,806		$	—	$	6,038,084
Net premiums earned	$	1,916,917		$	3,068,308		$	—	$	4,985,225
Net claims and claim expenses incurred	427,603			2,048,022			—		2,475,625
Acquisition expenses	374,127			901,232			—		1,275,359
Operational expenses	129,049			85,174			—		214,223
Underwriting income (loss)	$	986,138		$	33,880		$	—	1,020,018
Net investment income							801,620		801,620
Net foreign exchange gains (losses)							(44,498)		(44,498)
Equity in earnings of other ventures							26,717		26,717
Other income (loss)							119		119
Net realized and unrealized gains (losses) on investments							(341,238)		(341,238)

Corporate expenses							(74,411)		(74,411)
Interest expense							(46,713)		(46,713)
Income (loss) before taxes and redeemable noncontrolling interests									1,341,614
Income tax benefit (expense)							5,476		5,476
Net (income) loss attributable to redeemable noncontrolling interests							(469,558)		(469,558)
Dividends on preference shares							(17,688)		(17,688)
Net income (loss) available (attributable) to RenaissanceRe common shareholders									$	859,844

Net claims and claim expenses incurred – current accident year	$	606,661		$	2,074,316		$	—	$	2,680,977
Net claims and claim expenses incurred – prior accident years	(179,058)			(26,294)			—		(205,352)
Net claims and claim expenses incurred – total	$	427,603		$	2,048,022		$	—	$	2,475,625

Net claims and claim expense ratio – current accident year	31.6		%	67.6		%			53.8		%
Net claims and claim expense ratio – prior accident years	(9.3)		%	(0.9)		%			(4.1)		%
Net claims and claim expense ratio – calendar year	22.3		%	66.7		%			49.7		%
Underwriting expense ratio	26.3		%	32.2		%			29.8		%
Combined ratio	48.6		%	98.9		%			79.5		%