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Subsequent Events
 12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS
Effective January 1, 2023, DaVinci completed an equity capital raise of $250.0 million, comprised of $102.2 million from third-party investors and $147.8 million from RenaissanceRe. In addition, RenaissanceRe sold an aggregate of $275.0 million of its shares in DaVinci to third-party investors and purchased an aggregate of $50.2 million of shares from third-party investors. At December 31, 2022, $377.2 million, representing the net amount received from investors other than the Company prior to December 31, 2022, is included in other liabilities on the Company's consolidated balance sheet, and also included in cash flows provided by financing activities on the Company's consolidated statements of cash flows for the year ended December 31, 2022. The Company’s noncontrolling economic ownership in DaVinci subsequent to these transactions was 25.4%, effective January 1, 2023.
Effective in January and February 2023, Medici issued $109.2 million of non-voting preference shares to investors, including $Nil to the Company, and redeemed $17.6 million of non-voting preference shares to investors, including $Nil to the Company. At December 31, 2022, $25.7 million, representing the amount received from investors other than the Company prior to December 31, 2022, is included in other liabilities on the Company’s consolidated balance sheet, and also included in cash flows provided by financing activities on the Company’s consolidated statements of cash flows for the year ended December 31, 2022. The Company’s noncontrolling economic ownership in Medici subsequent to these transactions was 11.8%, effective February 1, 2023.
Effective January 10, 2023, Mona Lisa Re issued two series of principal-at-risk variable rate notes to investors for principal amounts of $85.0 million and $100.0 million.
On February 6, 2023, a powerful earthquake struck Turkey and the surrounding region. Due to the recent occurrence, meaningful uncertainty regarding the estimates and the nature and extent of the losses remains.