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Earnings Per Share
3 Months Ended
Mar. 31, 2020
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,
2020
 
March 31,
2019
 
 
Numerator:
 
 
 
 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders
$
(81,974
)
 
$
273,717

 
 
Amount allocated to participating common shareholders (1)
(146
)
 
(3,121
)
 
 
Net (loss) income allocated to RenaissanceRe common shareholders
$
(82,120
)
 
$
270,596

 
 
Denominator:
 
 
 
 
 
Denominator for basic (loss) income per RenaissanceRe common share - weighted average common shares
43,441

 
42,065

 
 
Per common share equivalents of employee stock options and non-vested shares

 
26

 
 
Denominator for diluted (loss) income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
43,441

 
42,091

 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – basic
$
(1.89
)
 
$
6.43

 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – diluted
$
(1.89
)
 
$
6.43

 
 
 
 
 
 
 

(1)
Represents earnings and dividends attributable to holders of unvested shares issued pursuant to the Company's stock compensation plans.