XML 116 R98.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt and Credit Facilities - Credit Facilities Narrative (Details)
Nov. 07, 2019
USD ($)
Dec. 31, 2023
USD ($)
Nov. 01, 2023
USD ($)
Oct. 31, 2023
USD ($)
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   $ 1,581,365,000            
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   75,000,000            
Credit facilities outstanding   $ 75,000,000            
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      
Secured Bilateral Facility | Letter of Credit | Wells Fargo                
Line of Credit Facility [Line Items]                
Line of credit facility, maximum borrowing capacity               $ 200,000,000
Credit facilities outstanding   175,000,000            
Secured Bilateral Facility | Letter of Credit | Citibank Europe plc                
Line of Credit Facility [Line Items]                
Credit facilities outstanding   280,100,000            
Secured Bilateral Facility | Letter of Credit | Citibank Europe plc | Bilateral Facility Participants                
Line of Credit Facility [Line Items]                
Line of credit facility, maximum borrowing capacity     $ 320,000,000 $ 180,000,000        
Accordion feature, maximum borrowing capacity     $ 350,000,000          
Loan agreement, remaining borrowing capacity   39,900,000            
Unsecured Bilateral Facility | Letter of Credit | Wells Fargo                
Line of Credit Facility [Line Items]                
Credit facilities outstanding   0            
Unsecured Bilateral Facility | Letter of Credit | Citibank Europe plc                
Line of Credit Facility [Line Items]                
Credit facilities outstanding   366,500,000            
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   193,300,000            
Debt to capital ratio             0.35  
Minimum net worth requirements             $ 4,000,000,000  
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   16,500,000            
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   $ 225,000,000            
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 $ 225,000,000              
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%