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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
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,
2019
 
2018
 
2017
 
 
(common shares in thousands)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) available (attributable) to RenaissanceRe common shareholders
$
712,042

 
$
197,276

 
$
(244,770
)
 
 
Amount allocated to participating common shareholders (1)
(8,545
)
 
(2,121
)
 
(457
)
 
 
Net income (loss) allocated to RenaissanceRe common shareholders
$
703,497

 
$
195,155

 
$
(245,227
)
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic income (loss) per RenaissanceRe common share - weighted average common shares
43,119

 
39,732

 
39,854

 
 
Per common share equivalents of employee stock options and performance shares
56

 
23

 

 
 
Denominator for diluted income (loss) per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
43,175

 
39,755

 
39,854

 
 
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic
$
16.32

 
$
4.91

 
$
(6.15
)
 
 
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted
$
16.29

 
$
4.91

 
$
(6.15
)
 
 
 
 
 
 
 


 
(1)
Represents earnings attributable to holders of unvested shares issued pursuant to the Company’s stock compensation plans and to the Company’s non-employee directors.