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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
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:
Three months ended
(common shares in thousands)March 31,
2024
March 31,
2023
Numerator:
Net income (loss) available (attributable) to RenaissanceRe common shareholders$364,798 $564,062 
Amount allocated to participating common shareholders (1)
(5,273)(8,854)
Net income (loss) allocated to RenaissanceRe common shareholders$359,525 $555,208 
Denominator:
Denominator for basic income (loss) per RenaissanceRe common share - weighted average common shares (2)
51,678 42,876 
Per common share equivalents of non-vested shares (2)
150 130 
Denominator for diluted income (loss) per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions (2)
51,828 43,006 
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – basic$6.96 $12.95 
Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted$6.94 $12.91 
(1)Represents earnings and dividends attributable to holders of unvested shares issued pursuant to the Company’s stock compensation plans.
(2)In periods for which the Company has net loss allocated to RenaissanceRe common shareholders, the denominator used in calculating net loss attributable to RenaissanceRe common shareholders per common share - basic is also used in calculating net loss attributable to RenaissanceRe common shareholders per common share - diluted.