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SEGMENT REPORTING - Schedule of Significant Components of the Company's Revenues and Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Segment Reporting Information [Line Items]    
Gross premiums written $ 2,790,261 $ 2,942,964
Net premiums written 2,263,703 2,165,217
Net premiums earned 1,680,550 1,486,425
Net claims and claim expenses incurred 801,200 841,733
Acquisition expenses 432,257 376,507
Operational expenses 77,474 67,907
Underwriting income (loss) 369,619 200,278
Net investment income 254,378 83,691
Net foreign exchange gain (loss) (14,503) (15,486)
Equity in earnings (losses) of other ventures 9,530 (6,390)
Other income (loss) (4,306) 1,193
Net realized and unrealized gains (losses) on investments 279,451 (673,017)
Corporate expenses (12,843) (12,502)
Interest expense (12,134) (11,955)
Income (loss) before taxes 869,192 (434,188)
Income tax benefit (expense) (28,902) 36,707
Net (income) loss attributable to redeemable noncontrolling interests (267,384) 11,912
Dividends on preference shares (8,844) (8,844)
Net income (loss) available (attributable) to RenaissanceRe common shareholders 564,062 (394,413)
Net claims and claim expenses incurred – current accident year 905,952 859,566
Net claims and claim expenses incurred – prior accident years (104,752) (17,833)
Total net incurred $ 801,200 $ 841,733
Net claims and claim expense ratio – current accident year 53.90% 57.80%
Net claims and claim expense ratio – prior accident years (6.20%) (1.20%)
Net claims and claim expense ratio – calendar year 47.70% 56.60%
Underwriting expense ratio 30.30% 29.90%
Combined ratio 78.00% 86.50%
Other    
Segment Reporting Information [Line Items]    
Gross premiums written $ 0 $ 0
Net premiums written 0 0
Net premiums earned 0 0
Net claims and claim expenses incurred 0 0
Acquisition expenses 0 0
Operational expenses 0 0
Underwriting income (loss) 0 0
Net investment income 254,378 83,691
Net foreign exchange gain (loss) (14,503) (15,486)
Equity in earnings (losses) of other ventures 9,530 (6,390)
Other income (loss) (4,306) 1,193
Net realized and unrealized gains (losses) on investments 279,451 (673,017)
Corporate expenses (12,843) (12,502)
Interest expense (12,134) (11,955)
Income tax benefit (expense) (28,902) 36,707
Net (income) loss attributable to redeemable noncontrolling interests (267,384) 11,912
Dividends on preference shares (8,844) (8,844)
Net claims and claim expenses incurred – current accident year 0 0
Net claims and claim expenses incurred – prior accident years 0 0
Total net incurred 0 0
Property    
Segment Reporting Information [Line Items]    
Net claims and claim expenses incurred – prior accident years (81,693) (16,758)
Property | Operating Segments    
Segment Reporting Information [Line Items]    
Gross premiums written 1,304,199 1,343,508
Net premiums written 1,019,829 890,166
Net premiums earned 687,420 618,591
Net claims and claim expenses incurred 187,609 259,761
Acquisition expenses 145,319 127,096
Operational expenses 55,813 46,932
Underwriting income (loss) 298,679 184,802
Net claims and claim expenses incurred – current accident year 269,302 276,519
Net claims and claim expenses incurred – prior accident years (81,693) (16,758)
Total net incurred $ 187,609 $ 259,761
Net claims and claim expense ratio – current accident year 39.20% 44.70%
Net claims and claim expense ratio – prior accident years (11.90%) (2.70%)
Net claims and claim expense ratio – calendar year 27.30% 42.00%
Underwriting expense ratio 29.30% 28.10%
Combined ratio 56.60% 70.10%
Casualty and Specialty    
Segment Reporting Information [Line Items]    
Net claims and claim expenses incurred – prior accident years $ (23,059) $ (1,075)
Casualty and Specialty | Operating Segments    
Segment Reporting Information [Line Items]    
Gross premiums written 1,486,062 1,599,456
Net premiums written 1,243,874 1,275,051
Net premiums earned 993,130 867,834
Net claims and claim expenses incurred 613,591 581,972
Acquisition expenses 286,938 249,411
Operational expenses 21,661 20,975
Underwriting income (loss) 70,940 15,476
Net claims and claim expenses incurred – current accident year 636,650 583,047
Net claims and claim expenses incurred – prior accident years (23,059) (1,075)
Total net incurred $ 613,591 $ 581,972
Net claims and claim expense ratio – current accident year 64.10% 67.20%
Net claims and claim expense ratio – prior accident years (2.30%) (0.10%)
Net claims and claim expense ratio – calendar year 61.80% 67.10%
Underwriting expense ratio 31.10% 31.10%
Combined ratio 92.90% 98.20%