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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Gross premiums written (Note 6) $ 9,213,540 $ 7,833,798 $ 5,806,165
Net premiums written (Note 6) 7,196,160 5,939,375 4,096,333
Increase in unearned premiums (862,171) (745,194) (143,871)
Net premiums earned (Note 6) 6,333,989 5,194,181 3,952,462
Net investment income (Note 4) 559,932 319,479 354,038
Net foreign exchange gains (losses) (56,909) (41,006) 27,773
Equity in earnings of other ventures (Note 4) 11,249 12,309 17,194
Other income 12,636 10,880 213
Net realized and unrealized gains (losses) on investments (1,800,485) (218,134) 820,636
Total revenues 5,060,412 5,277,709 5,172,316
Expenses      
Net claims and claim expenses incurred (Notes 6 and 7) 4,338,840 3,876,087 2,924,609
Acquisition expenses 1,568,606 1,214,858 897,677
Operational expenses 276,691 212,184 206,687
Corporate expenses 46,775 41,152 96,970
Interest expense (Note 8) 48,335 47,536 50,453
Total expenses 6,279,247 5,391,817 4,176,396
Income (loss) before taxes (1,218,835) (114,108) 995,920
Income tax benefit (expense) (Note 14) 59,019 10,668 (2,862)
Net income (loss) (1,159,816) (103,440) 993,058
Net (income) loss attributable to redeemable noncontrolling interests (Note 9) 98,613 63,285 (230,653)
Net income (loss) attributable to RenaissanceRe (1,061,203) (40,155) 762,405
Dividends on preference shares (Note 11) (35,375) (33,266) (30,923)
Net income (loss) available (attributable) to RenaissanceRe common shareholders $ (1,096,578) $ (73,421) $ 731,482
Net income (loss) available to RenaissanceRe common shareholders per common share – basic (in usd per share) $ (25.50) $ (1.57) $ 15.34
Net income (loss) available to RenaissanceRe common shareholders per common share – diluted (in usd per share) $ (25.50) $ (1.57) $ 15.31