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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Gross premiums written $ 2,025,721 $ 1,564,295
Net premiums written 1,269,808 929,031
Increase in unearned premiums (356,710) (379,003)
Net premiums earned 913,098 550,028
Net investment income 99,473 82,094
Net foreign exchange losses (5,728) (2,846)
Equity in earnings of other ventures 4,564 4,661
Other (loss) income (4,436) 3,171
Net realized and unrealized (losses) gains on investments (110,707) 170,013
Total revenues 896,264 807,121
Expenses    
Net claims and claim expenses incurred 570,954 227,035
Acquisition expenses 210,604 123,951
Operational expenses 67,461 44,933
Corporate expenses 15,991 38,789
Interest expense 14,927 11,754
Total expenses 879,937 446,462
Income before taxes 16,327 360,659
Income tax benefit (expense) 8,846 (7,531)
Net income 25,173 353,128
Net income attributable to redeemable noncontrolling interests (98,091) (70,222)
Net (loss) income attributable to RenaissanceRe (72,918) 282,906
Dividends on preference shares (9,056) (9,189)
Net (loss) income (attributable) available to RenaissanceRe common shareholders $ (81,974) $ 273,717
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
Dividends per common share (in dollars per share) $ 0.35 $ 0.34