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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
 
 
 
 
 
 
 
Year ended December 31,
2017
 
2016
 
2015
 
 
(thousands of shares)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders
$
(244,770
)
 
$
480,581

 
$
408,811

 
 
Amount allocated to participating common shareholders (1)
(457
)
 
(5,666
)
 
(4,721
)
 
 
Net (loss) income allocated to RenaissanceRe common shareholders
$
(245,227
)
 
$
474,915

 
$
404,090

 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic (loss) income per RenaissanceRe common share - weighted average common shares
39,854

 
41,314

 
43,157

 
 
Per common share equivalents of employee stock options and performance shares

 
245

 
369

 
 
Denominator for diluted (loss) income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
39,854

 
41,559

 
43,526

 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – basic
$
(6.15
)
 
$
11.50

 
$
9.36

 
 
Net (loss) income (attributable) available to RenaissanceRe common shareholders per common share – diluted
$
(6.15
)
 
$
11.43

 
$
9.28

 
 
 
 
 
 
 


 
(1)
Represents earnings attributable to holders of unvested restricted shares issued pursuant to the Company’s 2001 Stock Incentive Plan, 2010 Performance-Based Equity Incentive Plan, 2016 Long-Term Incentive Plan and to the Company’s non-employee directors.