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SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Segment Reporting Information [Line Items]        
Gross premiums written $ 2,651,621 $ 2,464,639 $ 5,441,882 $ 5,407,603
Net premiums written 2,195,803 1,863,616 4,459,506 4,028,833
Net premiums earned 1,785,262 1,456,383 3,465,812 2,942,808
Net claims and claim expenses incurred 931,211 706,239 1,732,411 1,547,972
Acquisition expenses 422,545 361,238 854,802 737,745
Operational expenses 80,491 72,520 157,965 140,427
Underwriting income (loss) 351,015 316,386 720,634 516,664
Net investment income 292,662 107,211 547,040 190,902
Net foreign exchange gains (losses) (13,488) (50,821) (27,991) (66,307)
Equity in earnings of other ventures 7,700 7,383 17,230 993
Other income (loss) 3,876 923 (430) 2,116
Net realized and unrealized gains (losses) on investments (222,781) (654,107) 56,670 (1,327,124)
Corporate expenses (23,371) (12,352) (36,214) (24,854)
Interest expense (14,895) (11,895) (27,029) (23,850)
Income (loss) before taxes 380,718 (297,272) 1,249,910 (731,460)
Income tax benefit (expense) (5,942) 30,534 (34,844) 67,241
Net (income) loss attributable to redeemable noncontrolling interests (174,907) (49,331) (442,291) (37,419)
Dividends on preference shares (8,844) (8,844) (17,688) (17,688)
Net income (loss) available (attributable) to RenaissanceRe common shareholders 191,025 (324,913) 755,087 (719,326)
Net claims and claim expenses incurred – current accident year 963,309 749,196 1,869,261 1,608,762
Net claims and claim expenses incurred – prior accident years (32,098) (42,957) (136,850) (60,790)
Total net incurred $ 931,211 $ 706,239 $ 1,732,411 $ 1,547,972
Net claims and claim expense ratio – current accident year 54.00% 51.40% 53.90% 54.70%
Net claims and claim expense ratio – prior accident years (1.80%) (2.90%) (3.90%) (2.10%)
Net claims and claim expense ratio – calendar year 52.20% 48.50% 50.00% 52.60%
Underwriting expense ratio 28.10% 29.80% 29.20% 29.80%
Combined ratio 80.30% 78.30% 79.20% 82.40%
Other        
Segment Reporting Information [Line Items]        
Gross premiums written $ 0 $ 0 $ 0 $ 0
Net premiums written 0 0 0 0
Net premiums earned 0 0 0 0
Net claims and claim expenses incurred 0 0 0 0
Acquisition expenses 0 0 0 0
Operational expenses 0 0 0 0
Underwriting income (loss) 0 0 0 0
Net investment income 292,662 107,211 547,040 190,902
Net foreign exchange gains (losses) (13,488) (50,821) (27,991) (66,307)
Equity in earnings of other ventures 7,700 7,383 17,230 993
Other income (loss) 3,876 923 (430) 2,116
Net realized and unrealized gains (losses) on investments (222,781) (654,107) 56,670 (1,327,124)
Corporate expenses (23,371) (12,352) (36,214) (24,854)
Interest expense (14,895) (11,895) (27,029) (23,850)
Income tax benefit (expense) (5,942) 30,534 (34,844) 67,241
Net (income) loss attributable to redeemable noncontrolling interests (174,907) (49,331) (442,291) (37,419)
Dividends on preference shares (8,844) (8,844) (17,688) (17,688)
Net claims and claim expenses incurred – current accident year 0 0 0 0
Net claims and claim expenses incurred – prior accident years 0 0 0 0
Total net incurred 0 0 0 0
Property        
Segment Reporting Information [Line Items]        
Net claims and claim expenses incurred – prior accident years     (113,332) (51,810)
Property | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,402,606 1,218,321 2,706,805 2,561,829
Net premiums written 1,144,655 887,975 2,164,484 1,778,141
Net premiums earned 758,686 623,581 1,446,106 1,242,172
Net claims and claim expenses incurred 281,993 171,924 469,602 431,685
Acquisition expenses 140,606 137,567 285,925 264,663
Operational expenses 55,077 49,627 110,890 96,559
Underwriting income (loss) 281,010 264,463 579,689 449,265
Net claims and claim expenses incurred – current accident year 313,632 206,976 582,934 483,495
Net claims and claim expenses incurred – prior accident years (31,639) (35,052) (113,332) (51,810)
Total net incurred $ 281,993 $ 171,924 $ 469,602 $ 431,685
Net claims and claim expense ratio – current accident year 41.30% 33.20% 40.30% 38.90%
Net claims and claim expense ratio – prior accident years (4.10%) (5.60%) (7.80%) (4.10%)
Net claims and claim expense ratio – calendar year 37.20% 27.60% 32.50% 34.80%
Underwriting expense ratio 25.80% 30.00% 27.40% 29.00%
Combined ratio 63.00% 57.60% 59.90% 63.80%
Casualty and Specialty        
Segment Reporting Information [Line Items]        
Net claims and claim expenses incurred – prior accident years     $ (23,518) $ (8,980)
Casualty and Specialty | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,249,015 $ 1,246,318 2,735,077 2,845,774
Net premiums written 1,051,148 975,641 2,295,022 2,250,692
Net premiums earned 1,026,576 832,802 2,019,706 1,700,636
Net claims and claim expenses incurred 649,218 534,315 1,262,809 1,116,287
Acquisition expenses 281,939 223,671 568,877 473,082
Operational expenses 25,414 22,893 47,075 43,868
Underwriting income (loss) 70,005 51,923 140,945 67,399
Net claims and claim expenses incurred – current accident year 649,677 542,220 1,286,327 1,125,267
Net claims and claim expenses incurred – prior accident years (459) (7,905) (23,518) (8,980)
Total net incurred $ 649,218 $ 534,315 $ 1,262,809 $ 1,116,287
Net claims and claim expense ratio – current accident year 63.30% 65.10% 63.70% 66.20%
Net claims and claim expense ratio – prior accident years (0.10%) (0.90%) (1.20%) (0.60%)
Net claims and claim expense ratio – calendar year 63.20% 64.20% 62.50% 65.60%
Underwriting expense ratio 30.00% 29.60% 30.50% 30.40%
Combined ratio 93.20% 93.80% 93.00% 96.00%