Earnings Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER 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, 2018			March 31, 2017
Numerator:
Net income available to RenaissanceRe common shareholders	$	56,713		$	92,352
Amount allocated to participating common shareholders (1)	(546		)	(907		)
Net income allocated to RenaissanceRe common shareholders	$	56,167		$	91,445
Denominator:
Denominator for basic income per RenaissanceRe common share - weighted average common shares	39,552			40,408
Per common share equivalents of employee stock options and restricted shares	47			215
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions	39,599			40,623
Net income available to RenaissanceRe common shareholders per common share – basic	$	1.42		$	2.26
Net income available to RenaissanceRe common shareholders per common share – diluted	$	1.42		$	2.25

(1) Represents earnings attributable to holders of unvested restricted shares issued pursuant to 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.