XML 58 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt and Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
A summary of the Company’s debt obligations on its consolidated balance sheets is set forth below:
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
December 31, 2015
 
 
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
 
3.700% Senior Notes due 2025
$
291,750

 
$
296,948

 
$
287,100

 
$
296,577

 
 
5.75% Senior Notes due 2020
270,875

 
248,941

 
270,000

 
248,610

 
 
Series B 7.50% Senior Notes due 2017
257,500

 
255,352

 
267,500

 
268,196

 
 
4.750% Senior Notes due 2025 (DaVinciRe)
144,675

 
147,422

 
148,742

 
147,112

 
 
 
$
964,800

 
$
948,663

 
$
973,342

 
$
960,495

 
 
 
 
 
 
 
 
 
 
 
Schedule of Line of Credit Facilities
 
 
 
 
 
At December 31, 2016
Issued or Drawn
 
 
RenaissanceRe Revolving Credit Facility
$

 
 
Uncommitted Standby Letter of Credit Facility with Wells Fargo
140,829

 
 
Uncommitted Standby Letter of Credit Facility with NAB
4,855

 
 
Bilateral Letter of Credit Facility with Citibank Europe
244,909

 
 
Funds at Lloyd’s Letter of Credit Facilities
 
 
 
Renaissance Reinsurance FAL Facility
380,000

 
 
Total credit facilities in U.S. dollars
$
770,593

 
 
 
 
 
 
Funds at Lloyd’s Letter of Credit Facilities
 
 
 
Renaissance Reinsurance FAL Facility
£
90,000

 
 
Specialty Risks FAL Facility
10,000

 
 
Total credit facilities in British Pounds
£
100,000

 
 
 
 
 
Schedule of Aggregate Amount of Maturities Related to the Company's Debt Obligations
The following table sets forth the scheduled maturity of the Company’s aggregate amount of its debt obligation reflected on its consolidated balance sheet at December 31, 2016:
 
 
 
 
 
2017
$
250,000

 
 
2018

 
 
2019

 
 
2020
250,000

 
 
2021

 
 
After 2021
450,000

 
 
Unamortized fair value adjustments
5,352

 
 
Unamortized discount on debt issuance
(6,689
)
 
 
 
$
948,663