Fair Value Measurements (Narrative) (Details) (USD $) Share data in Millions, except Per Share data, unless otherwise specified
|
12 Months Ended |
0 Months Ended |
3 Months Ended |
|
|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Mar. 17, 2010
|
Oct. 31, 2013
|
Dec. 31, 2014
|
Sep. 30, 2013
|
Jun. 30, 2014
|
Jul. 18, 2014
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Fair value transfers out of level 3 |
$ 24,644,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 |
$ 85,555,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 |
|
|
|
|
|
|
|
Total other assets and (liabilities) |
(13,908,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis |
(8,233,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis |
|
|
|
(13,908,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis |
|
|
|
Net unrealized gains (losses) recognized in earnings |
(1,393,000)us-gaap_UnrealizedGainLossOnInvestments |
75,789,000us-gaap_UnrealizedGainLossOnInvestments |
38,207,000us-gaap_UnrealizedGainLossOnInvestments |
|
|
|
|
|
|
Other Investments | Net investment income |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) recognized in earnings |
(1,400,000)us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = us-gaap_OtherInvestmentsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_InvestmentIncomeMember |
75,800,000us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = us-gaap_OtherInvestmentsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_InvestmentIncomeMember |
38,200,000us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = us-gaap_OtherInvestmentsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_InvestmentIncomeMember |
|
|
|
|
|
|
Other Assets and Liabilities | Other income (loss) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) recognized in earnings |
0us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = rnr_OtherAssetsAndLiabilitiesMember / us-gaap_IncomeStatementLocationAxis = us-gaap_OtherOperatingIncomeExpenseMember |
0us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = rnr_OtherAssetsAndLiabilitiesMember / us-gaap_IncomeStatementLocationAxis = us-gaap_OtherOperatingIncomeExpenseMember |
(3,200,000)us-gaap_UnrealizedGainLossOnInvestments / us-gaap_EligibleItemOrGroupForFairValueOptionAxis = rnr_OtherAssetsAndLiabilitiesMember / us-gaap_IncomeStatementLocationAxis = us-gaap_OtherOperatingIncomeExpenseMember |
|
|
|
|
|
|
5.75% Senior Notes Due March 15, 2020 | RenRe North America Holdings Inc. |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
5.75% Senior Notes Due March 15, 2020 |
|
|
|
250,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = rnr_FivePointSevenFivePercentageSeniorNotesDueMarchFifteenTwoThousandAndTwentyMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
|
|
|
|
|
Senior notes interest rate |
|
|
|
5.75%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = rnr_FivePointSevenFivePercentageSeniorNotesDueMarchFifteenTwoThousandAndTwentyMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
|
|
|
|
|
Debt instrument maturity date |
|
|
|
March 15, 2020 |
|
|
|
|
|
Senior Notes, fair value |
279,000,000us-gaap_LongTermDebtFairValue / us-gaap_DebtInstrumentAxis = rnr_FivePointSevenFivePercentageSeniorNotesDueMarchFifteenTwoThousandAndTwentyMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
273,900,000us-gaap_LongTermDebtFairValue / us-gaap_DebtInstrumentAxis = rnr_FivePointSevenFivePercentageSeniorNotesDueMarchFifteenTwoThousandAndTwentyMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
|
|
|
279,000,000us-gaap_LongTermDebtFairValue / us-gaap_DebtInstrumentAxis = rnr_FivePointSevenFivePercentageSeniorNotesDueMarchFifteenTwoThousandAndTwentyMember / dei_LegalEntityAxis = us-gaap_SubsidiariesMember |
|
|
|
Quoted Prices In Active Markets For Identical Assets (Level 1) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Total other assets and (liabilities) |
(569,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member |
823,000rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member |
|
|
|
(569,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member |
|
|
|
Significant Other Observable Inputs (Level 2) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Total other assets and (liabilities) |
(4,405,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member |
(6,566,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member |
|
|
|
(4,405,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member |
|
|
|
Significant Other Observable Inputs (Level 2) | Cash Settled Restricted Stock Unit |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Total other assets and (liabilities) |
(11,500,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_RestrictedStockUnitsRSUMember |
|
|
|
|
(11,500,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_RestrictedStockUnitsRSUMember |
|
|
|
Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
310,544,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
|
310,544,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
Total other assets and (liabilities) |
(8,934,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
(2,490,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
(8,934,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
U.S. treasuries |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
1.00%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_USTreasurySecuritiesMember |
0.80%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_USTreasurySecuritiesMember |
|
|
|
1.00%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_USTreasurySecuritiesMember |
|
|
|
Agencies |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
1.20%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AgencySecuritiesMember |
1.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AgencySecuritiesMember |
|
|
|
1.20%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AgencySecuritiesMember |
|
|
|
Non-U.S. government (Sovereign Debt) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
1.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_ForeignGovernmentDebtSecuritiesMember |
1.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_ForeignGovernmentDebtSecuritiesMember |
|
|
|
1.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_ForeignGovernmentDebtSecuritiesMember |
|
|
|
Non-U.S. government-backed corporate |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
1.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonUSGovernmentBackedCorporateDebtSecuritiesMember |
1.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonUSGovernmentBackedCorporateDebtSecuritiesMember |
|
|
|
1.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonUSGovernmentBackedCorporateDebtSecuritiesMember |
|
|
|
Corporate |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
3.20%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CorporateDebtSecuritiesMember |
2.70%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CorporateDebtSecuritiesMember |
|
|
|
3.20%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CorporateDebtSecuritiesMember |
|
|
|
Agency mortgage-backed |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
2.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember |
2.90%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember |
|
|
|
2.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember |
|
|
|
Weighted average life |
5 years 7 months 6 days |
6 years 2 months 12 days |
|
|
|
|
|
|
|
Non-agency prime residential mortgage-backed |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
3.40%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonAgencyPrimeResidentialMortgageBackedSecuritiesMember |
3.70%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonAgencyPrimeResidentialMortgageBackedSecuritiesMember |
|
|
|
3.40%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_NonAgencyPrimeResidentialMortgageBackedSecuritiesMember |
|
|
|
Weighted average life |
4 years 1 month 6 days |
4 years 4 months 24 days |
|
|
|
|
|
|
|
AltA non-agency mortgage-backed |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
4.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_AltaNonAgencyMortgageBackedSecuritiesMember |
4.70%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_AltaNonAgencyMortgageBackedSecuritiesMember |
|
|
|
4.30%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = rnr_AltaNonAgencyMortgageBackedSecuritiesMember |
|
|
|
Weighted average life |
5 years |
4 years |
|
|
|
|
|
|
|
Commercial mortgage-backed |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
2.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
2.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
|
|
|
2.10%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
|
|
|
Weighted average life |
3 years 6 months 0 days |
3 years 3 months 18 days |
|
|
|
|
|
|
|
Asset-backed |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Weighted average effective yield |
1.50%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AssetBackedSecuritiesMember |
2.00%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AssetBackedSecuritiesMember |
|
|
|
1.50%rnr_WeightedAverageEffectiveYield / us-gaap_InvestmentTypeAxis = us-gaap_AssetBackedSecuritiesMember |
|
|
|
Weighted average life |
2 years 6 months |
3 years 6 months |
|
|
|
|
|
|
|
Senior secured bank loan funds |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Investment in closed end fund |
19,300,000rnr_InvestmentInClosedEndFund / us-gaap_InvestmentTypeAxis = rnr_SeniorSecuredBankLoanFundsMember |
|
|
|
|
19,300,000rnr_InvestmentInClosedEndFund / us-gaap_InvestmentTypeAxis = rnr_SeniorSecuredBankLoanFundsMember |
|
|
|
Hedge funds |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Hedge fund side pocket investments |
2,600,000rnr_NonredeemableSidePocketInvestments / us-gaap_InvestmentTypeAxis = us-gaap_HedgeFundsMember |
|
|
|
|
2,600,000rnr_NonredeemableSidePocketInvestments / us-gaap_InvestmentTypeAxis = us-gaap_HedgeFundsMember |
|
|
|
Fixed maturity investments |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Fair value transfers out of level 3 |
24,644,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 / us-gaap_FairValueByAssetClassAxis = us-gaap_FixedMaturitiesMember |
0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 / us-gaap_FairValueByAssetClassAxis = us-gaap_FixedMaturitiesMember |
|
|
|
|
|
|
|
Fixed maturity investments | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
15,660,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_FixedMaturitiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
|
15,660,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_FixedMaturitiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
Miscellaneous Investments | Internal Valuation Model Valuation Technique | Significant Unobservable Inputs (Level 3) | Essent Group Ltd. |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
|
|
|
|
|
|
48,000,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_MiscellaneousInvestmentsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / dei_LegalEntityAxis = rnr_EssentGroupLtd.Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
Trading Securities | Quoted Prices In Active Markets For Identical Assets (Level 1) | Essent Group Ltd. |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Fair value transfers out of level 3 |
|
|
|
|
85,600,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 / us-gaap_FairValueByAssetClassAxis = us-gaap_TradingAccountAssetsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / dei_LegalEntityAxis = rnr_EssentGroupLtd.Member |
|
|
|
|
Equity investment, price per share |
|
|
|
|
$ 17.00us-gaap_SharePrice / us-gaap_FairValueByAssetClassAxis = us-gaap_TradingAccountAssetsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / dei_LegalEntityAxis = rnr_EssentGroupLtd.Member |
|
|
|
|
Corporate | Discounted Cash Flow Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
15,700,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
|
15,700,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
Private equity partnerships | Net Asset Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
281,900,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_PrivateEquityFundsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_NetAssetValuationTechniqueMember |
|
|
|
|
281,900,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_PrivateEquityFundsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_NetAssetValuationTechniqueMember |
|
|
|
Assumed And Ceded Re Insurance Contracts Member | Internal Valuation Model Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Total other assets and (liabilities) |
(8,744,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByAssetClassAxis = rnr_AssumedAndCededReInsuranceContractsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
|
(8,744,000)rnr_OtherAssetsAndliabilitiesMeasuredonRecurringBasis / us-gaap_FairValueByAssetClassAxis = rnr_AssumedAndCededReInsuranceContractsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
Liabilities, fair value |
8,700,000us-gaap_LiabilitiesFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = rnr_AssumedAndCededReInsuranceContractsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
|
8,700,000us-gaap_LiabilitiesFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = rnr_AssumedAndCededReInsuranceContractsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
Weather Contract | Internal Valuation Model Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Liabilities, fair value |
200,000us-gaap_LiabilitiesFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = rnr_WeatherContractMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
|
200,000us-gaap_LiabilitiesFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = rnr_WeatherContractMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_ValuationTechniqueAxis = rnr_InternalValuationModelValuationTechniqueMember |
|
|
|
Other Investments |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Fair value transfers out of level 3 |
0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherInvestmentsMember |
85,555,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherInvestmentsMember |
|
|
|
|
|
|
|
Other Investments | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Assets, fair value |
303,818,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherInvestmentsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
|
303,818,000us-gaap_AssetsFairValueDisclosureRecurring / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherInvestmentsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member |
|
|
|
Weighted Average or Actual | Corporate | Discounted Cash Flow Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Dividend rate |
6.50%us-gaap_FairValueAssumptionsExpectedDividendRate / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = rnr_WeightedAverageOrActualMember / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
|
|
|
|
|
Liquidity discount |
1.00%us-gaap_FairValueInputsDiscountForLackOfMarketability / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = rnr_WeightedAverageOrActualMember / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
|
|
|
|
|
Risk-free rate |
0.50%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = rnr_WeightedAverageOrActualMember / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
|
|
|
|
|
Credit spread |
0.80%us-gaap_FairValueInputsEntityCreditRisk / us-gaap_FairValueByAssetClassAxis = us-gaap_CorporateDebtSecuritiesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = rnr_WeightedAverageOrActualMember / us-gaap_ValuationTechniqueAxis = rnr_DiscountedCashFlowValuationTechniqueMember |
|
|
|
|
|
|
|
|
Weighted Average or Actual | Private equity partnerships | Net Asset Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Estimated performance |
|
|
|
|
|
0.10%rnr_FairValueInputsEstimatedPerformance / us-gaap_FairValueByAssetClassAxis = us-gaap_PrivateEquityFundsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = rnr_WeightedAverageOrActualMember / us-gaap_ValuationTechniqueAxis = rnr_NetAssetValuationTechniqueMember |
|
|
|
Minimum | Private equity partnerships |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Liquidating period |
7 years |
|
|
|
|
|
|
|
|
Minimum | Senior secured bank loan funds |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Liquidating period |
4 years |
|
|
|
|
|
|
|
|
Minimum | Private equity partnerships | Net Asset Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Estimated performance |
|
|
|
|
|
(42.10%)rnr_FairValueInputsEstimatedPerformance / us-gaap_FairValueByAssetClassAxis = us-gaap_PrivateEquityFundsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_ValuationTechniqueAxis = rnr_NetAssetValuationTechniqueMember |
|
|
|
Maximum | Private equity partnerships |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Liquidating period |
10 years |
|
|
|
|
|
|
|
|
Maximum | Senior secured bank loan funds |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Liquidating period |
5 years |
|
|
|
|
|
|
|
|
Maximum | Private equity partnerships | Net Asset Valuation Technique | Significant Unobservable Inputs (Level 3) |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Estimated performance |
|
|
|
|
|
17.00%rnr_FairValueInputsEstimatedPerformance / us-gaap_FairValueByAssetClassAxis = us-gaap_PrivateEquityFundsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ValuationTechniqueAxis = rnr_NetAssetValuationTechniqueMember |
|
|
|
Convertible preferred stock | Trupanion |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Equity investment, fair value |
|
|
|
|
|
|
|
30,200,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_ConvertiblePreferredStockMember |
|
Common stock | Trupanion |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Equity investment, fair value |
17,100,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
|
|
|
|
17,100,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
|
|
24,600,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
Equity investment, number of shares |
|
|
|
|
|
|
|
|
2.5us-gaap_InvestmentOwnedBalanceShares / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
Equity investment, price per share |
|
|
|
|
|
|
|
|
$ 10.00us-gaap_SharePrice / dei_LegalEntityAxis = rnr_TrupanionMember / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
Common stock | Essent Group Ltd. |
|
|
|
|
|
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
|
|
|
Equity investment, fair value |
$ 120,000,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_EssentGroupLtd.Member / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
|
|
|
|
120,000,000us-gaap_InvestmentOwnedAtFairValue / dei_LegalEntityAxis = rnr_EssentGroupLtd.Member / us-gaap_StatementClassOfStockAxis = us-gaap_CommonStockMember |
|
|
|