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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows provided by operating activities    
Net income $ 538,798 $ 416,373
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization, accretion and depreciation 18,343 3,837
Equity in undistributed losses (earnings) of other ventures 10,173 (11,303)
Net realized and unrealized (gains) losses on investments (191,295) 26,101
Net unrealized losses included in net investment income 17,608 10,690
Net unrealized losses included in other income 0 426
Change in:    
Premiums receivable (403,322) (191,470)
Prepaid reinsurance premiums (280,750) (156,184)
Reinsurance recoverable (106,243) (70,994)
Deferred acquisition costs (152,461) (103,460)
Reserve for claims and claim expenses 94,054 (14,293)
Unearned premiums 545,034 296,950
Reinsurance balances payable 250,686 74,124
Other 29,378 (118,650)
Net cash provided by operating activities 370,003 162,147
Cash flows provided by (used in) investing activities    
Proceeds from sales and maturities of fixed maturity investments trading 6,509,019 6,956,729
Purchases of fixed maturity investments trading (6,744,838) (7,194,793)
Proceeds from sales and maturities of fixed maturity investments available for sale 5,931 6,741
Net sales (purchases) of equity investments trading 183,112 (153,452)
Net sales of short term investments 128,869 896,027
Net (purchases) sales of other investments (56,765) 7,033
Net purchases of investments in other ventures 0 (45)
Net sales of other assets 400 4,500
Net purchase of Platinum 0 (678,152)
Net cash provided by (used in) investing activities 25,728 (155,412)
Cash flows (used in) provided by financing activities    
Dividends paid – RenaissanceRe common shares (38,886) (40,883)
Dividends paid – preference shares (16,786) (16,786)
RenaissanceRe common share repurchases (309,434) (197,350)
Issuance of debt, net of expenses 0 445,589
Net third party redeemable noncontrolling interest share transactions (45,496) (187,339)
Net cash (used in) provided by financing activities (410,602) 3,231
Effect of exchange rate changes on foreign currency cash 1,316 (11,004)
Net decrease in cash and cash equivalents (13,555) (1,038)
Cash and cash equivalents, beginning of period 506,885 525,584
Cash and cash equivalents, end of period $ 493,330 $ 524,546