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Statutory Requirements (Tables)
 12 Months Ended
Dec. 31, 2022
Insurance [Abstract]  
Schedule of Actual and Required Statutory Capital and Surplus
The statutory capital and surplus and required minimum statutory capital and surplus of the Company’s regulated insurance operations in its most significant regulatory jurisdictions are detailed below:
Bermuda (1)Switzerland (2)U.K. (3)U.S. (4)
At December 31,20222021202220212022202120222021
Statutory capital and surplus
$8,275,191 $7,462,710 $1,086,800 $874,665 $1,012,639 $983,449 $1,078,042 $819,811 
Required statutory capital and surplus
2,028,879 1,753,078 798,900 780,000 1,012,639 983,449 858,282 716,118 
(1)Includes Renaissance Reinsurance, DaVinci Reinsurance, RenaissanceRe Specialty U.S., Vermeer and Fontana. The Company's Bermuda-domiciled insurance subsidiaries’ capital and surplus is based on the relevant insurer’s statutory financial statements and required statutory capital and surplus is based on the minimum solvency margin.
(2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S. RREAG’s statutory capital and surplus and required statutory capital and surplus incorporate a full year of statutory net loss and risk capital, respectively.
(3)Includes Syndicate 1458. With respect to statutory capital and surplus and required statutory capital and surplus, and as described below, underwriting capacity of a member of Lloyd’s must be supported by providing a deposit in the form of cash, securities or letters of credit, which are referred to as Funds at Lloyd’s (“FAL”). FAL is determined by Lloyd’s and is based on Syndicate 1458’s solvency and capital requirements as calculated through its internal model. Syndicate 1458 is capitalized by its FAL, with the related assets not held on its balance sheet.
(4)Includes Renaissance Reinsurance U.S.
Schedule of Statutory Net (Loss) Income
Statutory net income (loss) of the Company’s regulated insurance operations in its most significant regulatory jurisdictions are detailed below:
Statutory Net Income (Loss)
Bermuda (1)Switzerland (2)U.K. (3)U.S. (4)
Year ended December 31, 2022$(700,666)$(237,003)$(24,573)$35,344 
Year ended December 31, 2021(89,267)80,500 (46,352)10,465 
Year ended December 31, 2020836,707 71,829 (37,427)17,403 
(1)Includes Renaissance Reinsurance, DaVinci Reinsurance, RenaissanceRe Specialty U.S., Vermeer and Fontana.
(2)Includes RREAG and its branches in Australia, Bermuda, the U.K. and the U.S.
(3)Includes Syndicate 1458.
(4)Includes Renaissance Reinsurance U.S.