XML 150 R135.htm IDEA: XBRL DOCUMENT v3.6.0.2
Schedule II. Condensed Financial Information Of Registrant (Statements of Cash Flows) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows provided by (used in) operating activities:                      
Net income attributable to RenaissanceRe $ 75,031 $ 152,420 $ 141,921 $ 133,590 $ 97,801 $ 81,124 $ 78,829 $ 173,438 $ 502,962 $ 431,192 $ 532,718
Less: equity in net income of subsidiaries                 0 0 0
Adjustments to reconcile net income to net cash provided by operating activities                      
Net unrealized gains included in other income (loss)                 0 426 1,612
Net realized and unrealized (gains) losses on investments 49,967 $ (59,870) $ (69,772) (61,653) 42,817 $ 41,138 $ 26,712 (41,749) (141,328) 68,918 (41,433)
Other                 85,000 2,892 (71,146)
Net cash provided by operating activities                 469,829 414,737 660,657
Cash flows provided by (used in) investing activities                      
Proceeds from maturities and sales of fixed maturity investments trading                 8,102,514 9,481,742 7,682,573
Purchases of fixed maturity investments trading                 (8,282,720) (9,683,068) (7,639,178)
Net (purchases) sales of short term investments                 (118,617) 669,116 45,023
Dividends and return of capital from subsidiaries                 0 0 0
Contributions to subsidiaries                 0 0 0
Net purchase of Platinum                 0 (678,152) 0
Net cash (used in) provided by investing activities                 (164,532) (339,039) 141,653
Cash flows used in financing activities                      
Dividends paid – RenaissanceRe common shares                 (51,583) (53,967) (45,912)
Dividends paid – preference shares                 (22,381) (22,381) (22,381)
RenaissanceRe common share repurchases                 (309,434) (259,874) (514,678)
Net cash used in financing activities                 (386,388) (83,665) (694,678)
Net increase (decrease) in cash and cash equivalents                 (85,728) (18,699) 117,552
Cash and cash equivalents, beginning of period       506,885       525,584 506,885 525,584 408,032
Cash and cash equivalents, end of period 421,157       506,885       421,157 506,885 525,584
Parent Company                      
Cash flows provided by (used in) operating activities:                      
Net income attributable to RenaissanceRe                 502,962 431,192 532,718
Less: equity in net income of subsidiaries                 (516,533) (463,526) (545,839)
Loss before equity in net income of subsidiaries                 (13,571) (32,334) (13,121)
Adjustments to reconcile net income to net cash provided by operating activities                      
Net realized and unrealized (gains) losses on investments                 (4,151) 2,080 (83)
Other                 (730) (8,959) 13,633
Net cash provided by operating activities                 (18,452) (39,213) 429
Cash flows provided by (used in) investing activities                      
Proceeds from maturities and sales of fixed maturity investments trading                 314,568 63,824 88,273
Purchases of fixed maturity investments trading                 (336,345) (161,183) (88,341)
Net (purchases) sales of short term investments                 (111,814) (116,461) 73,717
Dividends and return of capital from subsidiaries                 617,239 1,584,624 1,259,224
Contributions to subsidiaries                 (108,674) (294,733) (759,456)
Due to (from) subsidiary                 23,758 207,996 6,315
Net purchase of Platinum                 0 (904,433) 0
Net cash (used in) provided by investing activities                 398,732 379,634 579,732
Cash flows used in financing activities                      
Dividends paid – RenaissanceRe common shares                 (51,583) (53,967) (45,912)
Dividends paid – preference shares                 (22,381) (22,381) (22,381)
RenaissanceRe common share repurchases                 (309,434) (259,874) (514,678)
Net cash used in financing activities                 (383,398) (336,222) (582,971)
Net increase (decrease) in cash and cash equivalents                 (3,118) 4,199 (2,810)
Cash and cash equivalents, beginning of period       $ 10,185       $ 5,986 10,185 5,986 8,796
Cash and cash equivalents, end of period $ 7,067       $ 10,185       $ 7,067 $ 10,185 $ 5,986