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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
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:
 
 
 
 
 
 
 
 
Three months ended
 
 
(common shares in thousands)
March 31,
2017
 
March 31,
2016
 
 
Numerator:
 
 
 
 
 
Net income available to RenaissanceRe common shareholders
$
92,352

 
$
127,995

 
 
Amount allocated to participating common shareholders (1)
(907
)
 
(1,601
)
 
 
Net income allocated to RenaissanceRe common shareholders
$
91,445

 
$
126,394

 
 
Denominator:
 
 
 
 
 
Denominator for basic income per RenaissanceRe common share - weighted average common shares
40,408

 
42,577

 
 
Per common share equivalents of employee stock options and restricted shares
215

 
335

 
 
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
40,623

 
42,912

 
 
Net income available to RenaissanceRe common shareholders per common share – basic
$
2.26

 
$
2.97

 
 
Net income available to RenaissanceRe common shareholders per common share – diluted
$
2.25

 
$
2.95

 
 
 
 
 
 
 

(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.