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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Gross premiums written (Note 7) $ 8,862,366 $ 9,213,540 $ 7,833,798
Net premiums written (Note 7) 7,467,813 7,196,160 5,939,375
Decrease (increase) in unearned premiums 3,320 (862,171) (745,194)
Net premiums earned (Note 7) 7,471,133 6,333,989 5,194,181
Net investment income (Note 5) 1,253,110 559,932 319,479
Net foreign exchange gains (losses) (41,479) (56,909) (41,006)
Equity in earnings (losses) of other ventures (Note 5) 43,474 11,249 12,309
Other income (loss) (6,152) 12,636 10,880
Net realized and unrealized gains (losses) on investments 414,522 (1,800,485) (218,134)
Total revenues 9,134,608 5,060,412 5,277,709
Expenses      
Net claims and claim expenses incurred (Notes 7 and 8) 3,573,509 4,338,840 3,876,087
Acquisition expenses 1,875,034 1,568,606 1,214,858
Operational expenses 375,182 276,691 212,184
Corporate expenses 127,642 46,775 41,152
Interest expense (Note 9) 73,181 48,335 47,536
Total expenses 6,024,548 6,279,247 5,391,817
Income (loss) before taxes 3,110,060 (1,218,835) (114,108)
Income tax benefit (expense) (Note 15) 510,067 59,019 10,668
Net income (loss) 3,620,127 (1,159,816) (103,440)
Net (income) loss attributable to redeemable noncontrolling interests (Note 10) (1,058,995) 98,613 63,285
Net income (loss) attributable to RenaissanceRe 2,561,132 (1,061,203) (40,155)
Dividends on preference shares (Note 12) (35,375) (35,375) (33,266)
Net income (loss) available (attributable) to RenaissanceRe common shareholders $ 2,525,757 $ (1,096,578) $ (73,421)
Net income (loss) available to RenaissanceRe common shareholders per common share – basic (in usd per share) $ 52.40 $ (25.50) $ (1.57)
Net income (loss) available to RenaissanceRe common shareholders per common share – diluted (in usd per share) $ 52.27 $ (25.50) $ (1.57)