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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
 
 
 
 
 
 
 
Year ended December 31,
2016
 
2015
 
2014
 
 
(thousands of shares)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income available to RenaissanceRe common shareholders
$
480,581

 
$
408,811

 
$
510,337

 
 
Amount allocated to participating common shareholders (1)
(5,666
)
 
(4,721
)
 
(6,760
)
 
 
Net income allocated to RenaissanceRe common shareholders
$
474,915

 
$
404,090

 
$
503,577

 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic income per RenaissanceRe common share - weighted average common shares
41,314

 
43,157

 
39,425

 
 
Per common share equivalents of employee stock options and performance shares
245

 
369

 
543

 
 
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
41,559

 
43,526

 
39,968

 
 
Basic income per RenaissanceRe common share
$
11.50

 
$
9.36

 
$
12.77

 
 
Diluted income per RenaissanceRe common share
$
11.43

 
$
9.28

 
$
12.60

 
 
 
 
 
 
 


 
(1)
Represents earnings attributable to holders of unvested restricted shares issued under the Company’s 2001 Stock Incentive Plan, 2010 Performance-Based Equity Incentive Plan, 2016 Long-Term Incentive Plan and to the Company’s non-employee directors.