Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries (Tables)

9 Months Ended

Sep. 30, 2017

Condensed Consolidating Financial Information Provided In Connection With Outstanding Debt Of Subsidiaries [Abstract]

Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheet at September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)		RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)		RenaissanceRe Finance, Inc. (Subsidiary Issuer)		Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)		Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Assets
Total investments	$	193,268	$	130,802	$	—	$	35,098	$	9,283,010	$	—		$	9,642,178
Cash and cash equivalents	12,370		226		10		7,663		561,307		—			581,576
Investments in subsidiaries	3,968,721		37,834		—		1,152,247		—		(5,158,802		)	—
Due from subsidiaries and affiliates	107,746		91,891		—		—		—		(199,637		)	—
Premiums receivable	—		—		—		—		1,521,266		—			1,521,266
Prepaid reinsurance premiums	—		—		—		—		635,756		—			635,756
Reinsurance recoverable	—		—		—		—		1,588,304		—			1,588,304
Accrued investment income	125		197		—		59		37,985		—			38,366
Deferred acquisition costs	—		—		—		—		434,914		—			434,914
Receivable for investments sold	9,042		13,472		—		101		171,143		—			193,758
Other assets	429,594		36,825		—		435,815		98,023		(836,238		)	164,019
Goodwill and other intangible assets	126,246		—		—		—		118,541		—			244,787
Total assets	$	4,847,112	$	311,247	$	10	$	1,630,983	$	14,450,249	$	(6,194,677	)	$	15,044,924
Liabilities, Noncontrolling Interests and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses	$	—	$	—	$	—	$	—	$	5,192,313	$	—		$	5,192,313
Unearned premiums	—		—		—		—		1,713,069		—			1,713,069
Debt	417,000		—		—		841,592		147,653		(417,000		)	989,245
Amounts due to subsidiaries and affiliates	2,950		55		—		97,365		—		(100,370		)	—
Reinsurance balances payable	—		—		—		—		1,034,454		—			1,034,454
Payable for investments purchased	8,989		17,938		—		—		350,616		—			377,543
Other liabilities	15,161		927		—		9,926		282,647		(7,102		)	301,559
Total liabilities	444,100		18,920		—		948,883		8,720,752		(524,472		)	9,608,183
Redeemable noncontrolling interests	—		—		—		—		1,033,729		—			1,033,729
Shareholders’ Equity
Total shareholders’ equity	4,403,012		292,327		10		682,100		4,695,768		(5,670,205		)	4,403,012
Total liabilities, noncontrolling interests and shareholders’ equity	$	4,847,112	$	311,247	$	10	$	1,630,983	$	14,450,249	$	(6,194,677	)	$	15,044,924

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Balance Sheet at December 31, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)		RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)		RenaissanceRe Finance, Inc. (Subsidiary Issuer)		Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)		Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Assets
Total investments	$	387,274	$	119,163	$	267,556	$	45,027	$	8,497,948	$	—		$	9,316,968
Cash and cash equivalents	7,067		162		6,671		9,397		397,860		—			421,157
Investments in subsidiaries	4,074,769		34,761		843,089		1,165,413		—		(6,118,032		)	—
Due from subsidiaries and affiliates	7,413		91,892		—		—		—		(99,305		)	—
Premiums receivable	—		—		—		—		987,323		—			987,323
Prepaid reinsurance premiums	—		—		—		—		441,260		—			441,260
Reinsurance recoverable	—		—		—		—		279,564		—			279,564
Accrued investment income	105		289		551		106		37,025		—			38,076
Deferred acquisition costs	—		—		—		—		335,325		—			335,325
Receivable for investments sold	136		2		99		45		105,559		—			105,841
Other assets	410,757		37,204		4,689		127,572		118,098		(522,938		)	175,382
Goodwill and other intangible assets	130,407		—		—		—		120,779		—			251,186
Total assets	$	5,017,928	$	283,473	$	1,122,655	$	1,347,560	$	11,320,741	$	(6,740,275	)	$	12,352,082
Liabilities, Redeemable Noncontrolling Interest and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses	$	—	$	—	$	—	$	—	$	2,848,294	$	—		$	2,848,294
Unearned premiums	—		—		—		—		1,231,573		—			1,231,573
Debt	117,000		—		255,352		545,889		147,422		(117,000		)	948,663
Amounts due to subsidiaries and affiliates	14,644		42		123		96,061		—		(110,870		)	—
Reinsurance balances payable	—		—		—		—		673,983		—			673,983
Payable for investments purchased	—		—		—		—		305,714		—			305,714
Other liabilities	19,707		10,544		—		13,350		270,610		(12,527		)	301,684
Total liabilities	151,351		10,586		255,475		655,300		5,477,596		(240,397		)	6,309,911
Redeemable noncontrolling interests	—		—		—		—		1,175,594		—			1,175,594
Shareholders’ Equity
Total shareholders’ equity	4,866,577		272,887		867,180		692,260		4,667,551		(6,499,878		)	4,866,577
Total liabilities, redeemable noncontrolling interest and shareholders’ equity	$	5,017,928	$	283,473	$	1,122,655	$	1,347,560	$	11,320,741	$	(6,740,275	)	$	12,352,082

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statements of Operations

Condensed Consolidating Statement of Operations for the nine months ended September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Revenues
Net premiums earned	$	—		$	—		$	—		$	—		$	1,296,102		$	—		$	1,296,102
Net investment income	16,466			1,436			1,373			1,843			146,816			(19,189		)	148,745
Net foreign exchange (losses) gains	(1		)	—			—			—			11,119			—			11,118
Equity in (losses) earnings of other ventures	—			—			—			(412		)	6,242			—			5,830
Other income	—			—			—			—			7,053			—			7,053
Net realized and unrealized gains (losses) on investments	155			6,528			4,916			(217		)	132,156			—			143,538
Total revenues	16,620			7,964			6,289			1,214			1,599,488			(19,189		)	1,612,386
Expenses
Net claims and claim expenses incurred	—			—			—			—			1,557,364			—			1,557,364
Acquisition expenses	—			—			—			—			248,294			—			248,294
Operational expenses	9,398			57			86			20,892			116,212			(15,059		)	131,586
Corporate expenses	14,640			—			—			—			(305		)	—			14,335
Interest expense	464			—			2,461			22,401			7,554			(464		)	32,416
Total expenses	24,502			57			2,547			43,293			1,929,119			(15,523		)	1,983,995
(Loss) income before equity in net (loss) income of subsidiaries and taxes	(7,882		)	7,907			3,742			(42,079		)	(329,631		)	(3,666		)	(371,609		)
Equity in net (loss) income of subsidiaries	(219,309		)	3,234			28,028			20,584			—			167,463			—
(Loss) Income before taxes	(227,191		)	11,141			31,770			(21,495		)	(329,631		)	163,797			(371,609		)
Income tax benefit (expense)	2,659			(2,572		)	(1,175		)	9,281			6,546			—			14,739
Net (loss) income	(224,532		)	8,569			30,595			(12,214		)	(323,085		)	163,797			(356,870		)
Net loss attributable to redeemable noncontrolling interests	—			—			—			—			132,338			—			132,338
Net (loss) income attributable to RenaissanceRe	(224,532		)	8,569			30,595			(12,214		)	(190,747		)	163,797			(224,532		)
Dividends on preference shares	(16,786		)	—			—			—			—			—			(16,786		)
Net (loss) income (attributable) available to RenaissanceRe common shareholders	$	(241,318	)	$	8,569		$	30,595		$	(12,214	)	$	(190,747	)	$	163,797		$	(241,318	)

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Operations for the three months ended September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Revenues
Net premiums earned	$	—		$	—		$	—		$	—		$	547,792		$	—		$	547,792
Net investment income (loss)	5,725			544			(3		)	1,335			39,342			(6,686		)	40,257
Net foreign exchange losses	—			—			—			—			(156		)	—			(156		)
Equity in earnings of other ventures	—			—			—			38			1,756			—			1,794
Other income	1			—			—			—			2,995			—			2,996
Net realized and unrealized gains on investments	110			2,186			—			51			39,705			—			42,052
Total revenues	5,836			2,730			(3		)	1,424			631,434			(6,686		)	634,735
Expenses
Net claims and claim expenses incurred	—			—			—			—			1,221,696			—			1,221,696
Acquisition expenses	—			—			—			—			76,761			—			76,761
Operational expenses	2,910			17			1			6,266			37,752			(4,409		)	42,537
Corporate expenses	4,634			—			—			—			(221		)	—			4,413
Interest expense	183			—			—			9,258			2,541			(183		)	11,799
Total expenses	7,727			17			1			15,524			1,338,529			(4,592		)	1,357,206
(Loss) income before equity in net (loss) income of subsidiaries and taxes	(1,891		)	2,713			(4		)	(14,100		)	(707,095		)	(2,094		)	(722,471		)
(Loss) equity in net (loss) income of subsidiaries	(499,408		)	928			—			(16,352		)	—			514,832			—
(Loss) Income before taxes	(501,299		)	3,641			(4		)	(30,452		)	(707,095		)	512,738			(722,471		)
Income tax benefit (expense)	2,082			(890		)	29			3,307			14,449			—			18,977
Net (loss) income	(499,217		)	2,751			25			(27,145		)	(692,646		)	512,738			(703,494		)
Net loss attributable to redeemable noncontrolling interests	—			—			—			—			204,277			—			204,277
Net (loss) income attributable to RenaissanceRe	(499,217		)	2,751			25			(27,145		)	(488,369		)	512,738			(499,217		)
Dividends on preference shares	(5,595		)	—			—			—			—			—			(5,595		)
Net (loss) income (attributable) available attributable to RenaissanceRe common shareholders	$	(504,812	)	$	2,751		$	25		$	(27,145	)	$	(488,369	)	$	512,738		$	(504,812	)

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Operations for the nine months ended September 30, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Revenues
Net premiums earned	$	—		$	—		$	—		$	—		$	1,051,529		$	—		$	1,051,529
Net investment income	18,499			1,395			3,074			421			129,038			(18,017		)	134,410
Net foreign exchange losses	(2		)	—			—			—			(8,366		)	—			(8,368		)
Equity in losses of other ventures	—			—			—			—			(3,997		)	—			(3,997		)
Other (loss) income	(770		)	—			—			—			9,771			—			9,001
Net realized and unrealized gains on investments	4,951			3,651			7,483			—			175,210			—			191,295
Total revenues	22,678			5,046			10,557			421			1,353,185			(18,017		)	1,373,870
Expenses
Net claims and claim expenses incurred	—			—			—			—			406,930			—			406,930
Acquisition expenses	—			—			—			—			215,177			—			215,177
Operational expenses	(3,038		)	(61		)	176			16,603			145,466			(11,345		)	147,801
Corporate expenses	22,411			203			—			7			2,893			—			25,514
Interest expense	421			—			4,429			19,632			7,549			(421		)	31,610
Total expenses	19,794			142			4,605			36,242			778,015			(11,766		)	827,032
Income before equity in net income of subsidiaries and taxes	2,884			4,904			5,952			(35,821		)	575,170			(6,251		)	546,838
Equity in net income of subsidiaries	424,077			2,996			31,727			42,774			—			(501,574		)	—
Income before taxes	426,961			7,900			37,679			6,953			575,170			(507,825		)	546,838
Income tax benefit (expense)	970			(1,791		)	(1,583		)	8,456			(14,092		)	—			(8,040		)
Net income	427,931			6,109			36,096			15,409			561,078			(507,825		)	538,798
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(110,867		)	—			(110,867		)
Net income attributable to RenaissanceRe	427,931			6,109			36,096			15,409			450,211			(507,825		)	427,931
Dividends on preference shares	(16,786		)	—			—			—			—			—			(16,786		)
Net income available to RenaissanceRe common shareholders	$	411,145		$	6,109		$	36,096		$	15,409		$	450,211		$	(507,825	)	$	411,145

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Operations for the three months ended September 30, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Revenues
Net premiums earned	$	—		$	—		$	—		$	—		$	346,521		$	—		$	346,521
Net investment income	5,892			441			795			140			50,406			(6,251		)	51,423
Net foreign exchange losses	—			—			—			—			(5,986		)	—			(5,986		)
Equity in losses of other ventures	—			—			—			—			(11,630		)	—			(11,630		)
Other income	21			—			—			—			2,247			—			2,268
Net realized and unrealized (losses) gains on investments	(336		)	1,397			2,105			—			56,704			—			59,870
Total revenues	5,577			1,838			2,900			140			438,262			(6,251		)	442,466
Expenses
Net claims and claim expenses incurred	—			—			—			—			112,575			—			112,575
Acquisition expenses	—			—			—			—			80,580			—			80,580
Operational expenses	(1,233		)	36			60			5,021			40,018			(3,409		)	40,493
Corporate expenses	11,617			—			—			—			(80		)	—			11,537
Interest expense	140			—			1,476			6,545			2,515			(140		)	10,536
Total expenses	10,524			36			1,536			11,566			235,608			(3,549		)	255,721
Income (loss) before equity in net income of subsidiaries and taxes	(4,947		)	1,802			1,364			(11,426		)	202,654			(2,702		)	186,745
Equity in net income of subsidiaries	158,862			1,463			(2,694		)	1,130			—			(158,761		)	—
Income (loss) before taxes	153,915			3,265			(1,330		)	(10,296		)	202,654			(161,463		)	186,745
Income tax (expense) benefit	(1,495		)	(324		)	(401		)	2,785			751			—			1,316
Net income (loss)	152,420			2,941			(1,731		)	(7,511		)	203,405			(161,463		)	188,061
Net income attributable to redeemable noncontrolling interests	—			—			—			—			(35,641		)	—			(35,641		)
Net income (loss) attributable to RenaissanceRe	152,420			2,941			(1,731		)	(7,511		)	167,764			(161,463		)	152,420
Dividends on preference shares	(5,595		)	—			—			—			—			—			(5,595		)
Net income (loss) available (attributable) to RenaissanceRe common shareholders	$	146,825		$	2,941		$	(1,731	)	$	(7,511	)	$	167,764		$	(161,463	)	$	146,825

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive (Loss) Income for the nine months ended September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)		RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)		RenaissanceRe Consolidated
Comprehensive (loss) income
Net (loss) income	$	(224,532	)	$	8,569	$	30,595	$	(12,214	)	$	(323,085	)	$	163,797	$	(356,870	)
Change in net unrealized gains on investments	—			—		—		—			(972		)	—		(972		)
Comprehensive (loss) income	(224,532		)	8,569		30,595		(12,214		)	(324,057		)	163,797		(357,842		)
Net loss attributable to redeemable noncontrolling interests	—			—		—		—			132,338			—		132,338
Comprehensive loss attributable to noncontrolling interests	—			—		—		—			132,338			—		132,338
Comprehensive (loss) income attributable to RenaissanceRe	$	(224,532	)	$	8,569	$	30,595	$	(12,214	)	$	(191,719	)	$	163,797	$	(225,504	)

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended September 30, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)		RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Comprehensive income (loss)
Net income (loss)	$	152,420	$	2,941	$	(1,731	)	$	(7,511	)	$	203,405		$	(161,463	)	$	188,061
Change in net unrealized gains on investments	—		—		—			—			284			—			284
Comprehensive income (loss)	152,420		2,941		(1,731		)	(7,511		)	203,689			(161,463		)	188,345
Net income attributable to redeemable noncontrolling interests	—		—		—			—			(35,641		)	—			(35,641		)
Comprehensive income attributable to redeemable noncontrolling interests	—		—		—			—			(35,641		)	—			(35,641		)
Comprehensive income (loss) attributable to RenaissanceRe	$	152,420	$	2,941	$	(1,731	)	$	(7,511	)	$	168,048		$	(161,463	)	$	152,704

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Comprehensive Income for the nine months ended September 30, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)		RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)		RenaissanceRe Finance, Inc. (Subsidiary Issuer)		Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)			RenaissanceRe Consolidated
Comprehensive income
Net income	$	427,931	$	6,109	$	36,096	$	15,409	$	561,078		$	(507,825	)	$	538,798
Change in net unrealized gains on investments	—		—		—		—		513			—			513
Comprehensive income	427,931		6,109		36,096		15,409		561,591			(507,825		)	539,311
Net income attributable to redeemable noncontrolling interests	—		—		—		—		(110,867		)	—			(110,867		)
Comprehensive income attributable to redeemable noncontrolling interests	—		—		—		—		(110,867		)	—			(110,867		)
Comprehensive income available to RenaissanceRe	$	427,931	$	6,109	$	36,096	$	15,409	$	450,724		$	(507,825	)	$	428,444

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statement of Comprehensive (Loss) Income for the three months ended September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)		Platinum Underwriters Finance, Inc. (Subsidiary Issuer)		RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			Consolidating Adjustments  (2)		RenaissanceRe Consolidated
Comprehensive (loss) income
Net (loss) income	$	(499,217	)	$	2,751	$	25	$	(27,145	)	$	(692,646	)	$	512,738	$	(703,494	)
Change in net unrealized gains on investments	—			—		—		—			300			—		300
Comprehensive (loss) income	(499,217		)	2,751		25		(27,145		)	(692,346		)	512,738		(703,194		)
Net loss attributable to redeemable noncontrolling interests	—			—		—		—			204,277			—		204,277
Comprehensive loss attributable to redeemable noncontrolling interests	—			—		—		—			204,277			—		204,277
Comprehensive (loss) income attributable to RenaissanceRe	$	(499,217	)	$	2,751	$	25	$	(27,145	)	$	(488,069	)	$	512,738	$	(498,917	)

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

(2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments.

Condensed Consolidating Statements Of Cash Flows

Condensed Consolidating Statement of Cash Flows for the nine months ended September 30, 2017	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries)  (1)			RenaissanceRe Consolidated
Cash flows (used in) provided by operating activities
Net cash (used in) provided by operating activities	$	(6,870	)	$	(8,209	)	$	(2,262	)	$	(343,093	)	$	982,136		$	621,702
Cash flows provided by (used in) investing activities
Proceeds from sales and maturities of fixed maturity investments trading	106,761			74,455			289,741			279,830			6,912,215			7,663,002
Purchases of fixed maturity investments trading	(118,402		)	(69,168		)	(143,991		)	(270,785		)	(7,195,939		)	(7,798,285		)
Net (purchases) sales of equity investments trading	—			(1,708		)	85,324			—			(22,045		)	61,571
Net sales (purchases) of short term investments	205,864			(4,495		)	41,299			(305		)	(388,689		)	(146,326		)
Net sales of other investments	—			—			—			—			5,181			5,181
Dividends and return of capital from subsidiaries	285,515			9,175			—			41,866			(336,556		)	—
Contributions to subsidiaries	(500,000		)	—			(26,649		)	(9,175		)	535,824			—
Due to (from) subsidiary	290,130			14			(123		)	4,062			(294,083		)	—
Net cash provided by (used in) investing activities	269,868			8,273			245,601			45,493			(784,092		)	(214,857		)
Cash flows (used in) provided by financing activities
Dividends paid – RenaissanceRe common shares	(38,624		)	—			—			—			—			(38,624		)
Dividends paid – preference shares	(16,786		)	—			—			—			—			(16,786		)
RenaissanceRe common share repurchases	(188,591		)	—			—			—			—			(188,591		)
Issuance of debt, net of expenses	—			—			—			295,866			—			295,866
Repayment of debt	—			—			(250,000		)	—			—			(250,000		)
Net third party redeemable noncontrolling interest share transactions	—			—			—			—			(44,193		)	(44,193		)
Taxes paid on withholding shares	(13,694		)	—			—			—			—			(13,694		)
Net cash (used in) provided by financing activities	(257,695		)	—			(250,000		)	295,866			(44,193		)	(256,022		)
Effect of exchange rate changes on foreign currency cash	—			—			—			—			9,596			9,596
Net increase (decrease) in cash and cash equivalents	5,303			64			(6,661		)	(1,734		)	163,447			160,419
Cash and cash equivalents, beginning of period	7,067			162			6,671			9,397			397,860			421,157
Cash and cash equivalents, end of period	$	12,370		$	226		$	10		$	7,663		$	561,307		$	581,576

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.

Condensed Consolidating Statement of Cash Flows for the nine months ended September 30, 2016	RenaissanceRe Holdings Ltd. (Parent Guarantor)			RenRe North America Holdings Inc. (Subsidiary Issuer)			Platinum Underwriters Finance, Inc. (Subsidiary Issuer)			RenaissanceRe Finance, Inc. (Subsidiary Issuer)			Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1)			RenaissanceRe Consolidated
Cash flows (used in) provided by operating activities
Net cash (used in) provided by operating activities	$	(7,644	)	$	1,847		$	(11,062	)	$	(35,171	)	$	432,395		$	380,365
Cash flows provided by (used in) investing activities
Proceeds from sales and maturities of fixed maturity investments trading	272,710			62,959			113,947			—			6,059,403			6,509,019
Purchases of fixed maturity investments trading	(336,345		)	(115,849		)	(259,165		)	—			(6,033,479		)	(6,744,838		)
Proceeds from sales and maturities of fixed maturity investments available for sale	—			—			—			—			5,931			5,931
Net (purchases) sales of equity investments trading	—			(2,392		)	192,911			—			(7,407		)	183,112
Net sales (purchases) of short term investments	122,656			67,986			(41,881		)	—			(19,892		)	128,869
Net purchases of other investments	—			—			—			—			(56,765		)	(56,765		)
Net sales of other assets	—			—			—			—			400			400
Dividends and return of capital from subsidiaries	408,189			2,900			—			9,300			(420,389		)	—
Contributions to subsidiaries	(91,001		)	—			—			—			91,001			—
Due to (from) subsidiaries	(3,497		)	(22,502		)	(108		)	27,724			(1,617		)	—
Net cash provided by (used in) investing activities	372,712			(6,898		)	5,704			37,024			(382,814		)	25,728
Cash flows used in financing activities
Dividends paid – RenaissanceRe common shares	(38,886		)	—			—			—			—			(38,886		)
Dividends paid – preference shares	(16,786		)	—			—			—			—			(16,786		)
RenaissanceRe common share repurchases	(309,434		)	—			—			—			—			(309,434		)
Net third party redeemable noncontrolling interest share transactions	—			—			—			—			(45,496		)	(45,496		)
Taxes paid on withholding shares	—			—			—			—			(10,362		)	(10,362		)
Net cash used in financing activities	(365,106		)	—			—			—			(55,858		)	(420,964		)
Effect of exchange rate changes on foreign currency cash	—			—			—			—			1,316			1,316
Net (decrease) increase in cash and cash equivalents	(38		)	(5,051		)	(5,358		)	1,853			(4,961		)	(13,555		)
Cash and cash equivalents, beginning of period	10,185			5,908			7,103			677			483,012			506,885
Cash and cash equivalents, end of period	$	10,147		$	857		$	1,745		$	2,530		$	478,051		$	493,330

(1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations.