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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows provided by (used in) operating activities    
Net income (loss) $ 1,138,429 $ 1,347,090
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Amortization, accretion and depreciation 9,156 25,989
Equity in undistributed (earnings) losses of other ventures (8,601) 10,023
Net realized and unrealized (gains) losses on investments (365,719) 293,806
Change in:    
Premiums receivable (1,815,384) (1,511,719)
Prepaid reinsurance premiums (527,315) (509,190)
Reinsurance recoverable 180,417 489,551
Deferred acquisition costs and value of business acquired (179,919) (64,180)
Reserve for claims and claim expenses 1,610,272 254,059
Unearned premiums 1,610,740 1,560,845
Reinsurance balances payable 243,620 201,310
Other (268,362) (201,819)
Net cash provided by (used in) operating activities 1,627,334 1,895,765
Cash flows provided by (used in) investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 7,036,234 15,281,927
Purchases of fixed maturity investments trading (6,198,055) (16,531,701)
Proceeds from sales of equity investments 601 29
Purchases of equity investments (766,571) (215)
Proceeds from sales of short term investments 17,305,747 16,020,340
Purchases of short term investments (18,387,556) (15,732,094)
Proceeds from sales of other investments 619,059 614,583
Purchases of other investments (859,651) (883,740)
Purchases of investments in other ventures (565) (53,237)
Return of investments in other ventures 203 500
Net cash provided by (used in) investing activities (1,250,554) (1,283,608)
Cash flows provided by (used in) financing activities    
Dividends paid – common shares (38,720) (40,898)
Dividends paid – preference shares (17,688) (17,688)
RenaissanceRe common share repurchases (731,358) (108,534)
Repayment of debt (450,000) 0
Issuance of debt, net of expenses 789,992 0
Repayment of Medici Revolving Credit Facility (40,000) (75,000)
Drawdown of Medici Revolving Credit Facility 75,000 75,000
Subscriptions of third-party redeemable noncontrolling interest shares 103,825 92,438
Redemptions of third-party redeemable noncontrolling interest shares (296,645) (757,616)
Taxes paid on withholding shares (21,533) (21,442)
Net cash provided by (used in) financing activities (627,127) (853,740)
Effect of exchange rate changes on foreign currency cash 2,424 (8,788)
Net increase (decrease) in cash and cash equivalents (247,923) (250,371)
Cash and cash equivalents, beginning of period 1,676,604 1,877,518
Cash and cash equivalents, end of period $ 1,428,681 $ 1,627,147