XML 107 R90.htm IDEA: XBRL DOCUMENT v3.22.4
Debt and Credit Facilities - Credit Facilities Narrative (Details)
Nov. 07, 2019
USD ($)
Jan. 26, 2023
USD ($)
Jan. 16, 2023
USD ($)
Jan. 15, 2023
USD ($)
Dec. 31, 2022
USD ($)
Nov. 18, 2022
USD ($)
Sep. 08, 2022
USD ($)
Dec. 16, 2021
USD ($)
Jun. 21, 2019
USD ($)
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         $ 1,378,134,000        
Top Layer Reinsurance Ltd. | Letter of Credit                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity         37,500,000        
Top Layer Reinsurance Ltd. | Letter of Credit | Capital Support Agreement                  
Line of Credit Facility [Line Items]                  
Mandatory capital contribution in the event of capital and surplus reduction below a specified level         50,000,000        
Revolving Credit Facility                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         0        
Revolving Credit Facility | Medici                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity         $ 40,000,000        
Revolving Credit Facility                  
Line of Credit Facility [Line Items]                  
Letter of credit aggregate commitment           $ 500,000,000      
Line of credit facility, maximum borrowing capacity           700,000,000      
Debt to capital ratio         0.35        
Minimum net worth requirements         $ 4,000,000,000        
Revolving Credit Facility | Bridge Loan                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity           $ 50,000,000      
Unsecured Bilateral Facility | Letter of Credit | Wells Fargo                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity                 $ 100,000,000
Credit facilities outstanding         0        
Unsecured Bilateral Facility | Letter of Credit | Citibank Europe plc                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         326,800,000        
Unsecured Bilateral Facility | Letter of Credit | Credit Suisse (Switzerland) Ltd.                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity               $ 200,000,000  
Credit facilities outstanding         148,900,000        
Debt to capital ratio               0.35  
Minimum net worth requirements               $ 4,000,000,000  
Secured Bilateral Facility | Letter of Credit | Wells Fargo                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         118,200,000        
Secured Bilateral Facility | Letter of Credit | Citibank Europe plc                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         204,700,000        
Secured Bilateral Facility | Letter of Credit | Citibank Europe plc | Bilateral Facility Participants                  
Line of Credit Facility [Line Items]                  
Loan agreement, remaining borrowing capacity         25,300,000        
Secured Bilateral Facility | Letter of Credit | Citibank Europe plc | Bilateral Facility Participants | Subsequent Event                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity   $ 180,000,000 $ 160,000,000 $ 230,000,000          
Accordion feature, maximum borrowing capacity     $ 260,000,000            
Accordion feature, increase limit   $ 20,000,000              
Uncommitted Letter of Credit Facility | Letter of Credit | Société Générale, New York Branch (“SocGen”)                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity             $ 250,000,000    
Credit facilities outstanding         250,000,000        
Percentage of maximum aggregate amount to be secured             40.00%    
Secured Letter of Credit Facility | Letter of Credit | Citibank Europe                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         24,500,000        
Renaissance Reinsurance FAL Facility | Bank of Montreal, Citibank Europe and ING Bank | Syndicate 1458                  
Line of Credit Facility [Line Items]                  
Aggregate amount of issuances $ 140,000,000                
Termination period from date of notice 4 years                
Renaissance Reinsurance FAL Facility | Letter of Credit                  
Line of Credit Facility [Line Items]                  
Credit facilities outstanding         $ 275,000,000        
Renaissance Reinsurance FAL Facility | Letter of Credit | Bank of Montreal, Citibank Europe and ING Bank | Syndicate 1458                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity $ 275,000,000                
Renaissance Reinsurance FAL Facility | Letter of Credit | Bank of Montreal, Citibank Europe and ING Bank | Syndicate 1458                  
Line of Credit Facility [Line Items]                  
Collateral amount, percent of aggregate outstanding letters of credit in case of Full Collateralization Event         100.00%        
Renaissance Reinsurance FAL Facility | Letter of Credit | Bank of Montreal, Citibank Europe and ING Bank | Syndicate 1458 | Minimum                  
Line of Credit Facility [Line Items]                  
Collateral amount, percent of aggregate outstanding letters of credit 60.00%                
Renaissance Reinsurance FAL Facility | Letter of Credit | Bank of Montreal, Citibank Europe and ING Bank | Syndicate 1458 | Maximum                  
Line of Credit Facility [Line Items]                  
Collateral amount, percent of aggregate outstanding letters of credit 100.00%