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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Gross premiums written $ 661,997 $ 511,540 $ 1,305,575 $ 1,216,800
Net premiums written 508,677 346,407 912,712 796,754
Increase in unearned premiums (128,849) (85,991) (236,124) (249,804)
Net premiums earned 379,828 260,416 676,588 546,950
Net investment income 38,604 34,541 78,311 73,489
Net foreign exchange (losses) gains (1,740) 2,392 (4,870) 1,331
Equity in earnings of other ventures 6,160 7,232 11,455 11,431
Other income (loss) 1,427 (535) 2,966 (473)
Net realized and unrealized (losses) gains on investments (26,712) 27,128 15,037 42,055
Total revenues 397,567 331,174 779,487 674,783
Expenses        
Net claims and claim expenses incurred 169,344 81,388 246,197 140,303
Acquisition expenses 61,666 33,477 105,067 67,177
Operational expenses 54,673 45,841 100,294 88,465
Corporate expenses 13,032 3,954 58,630 8,499
Interest expense 9,698 4,292 14,949 8,585
Total expenses 308,413 168,952 525,137 313,029
Income before taxes 89,154 162,222 254,350 361,754
Income tax (expense) benefit 1,842 204 49,746 38
Net income 90,996 162,426 304,096 361,792
Net income attributable to noncontrolling interests (12,167) (36,078) (51,829) (78,846)
Net income attributable to RenaissanceRe 78,829 126,348 252,267 282,946
Dividends on preference shares (5,596) (5,596) (11,191) (11,191)
Net income available to RenaissanceRe common shareholders $ 73,233 $ 120,752 $ 241,076 $ 271,755
Net income available to RenaissanceRe common shareholders per common share – basic (in usd per share) $ 1.60 $ 3.00 $ 5.61 $ 6.62
Net income available to RenaissanceRe common shareholders per common share – diluted (in usd per share) 1.59 2.95 5.56 6.52
Dividends per common share, in usd per share $ 0.3 $ 0.29 $ 0.6 $ 0.58