Renaissancere holdings ltd (RNR)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Fixed maturity investments trading, at fair value – amortized cost $10,941,672 at March 31, 2020 (December 31, 2019 – $11,067,414)

11,045

11,171

11,386

10,479

9,473

8,088

7,814

7,420

7,404

7,426

7,092

7,282

7,259

6,891

7,088

7,073

6,890

6,765

6,905

6,591

5,982

4,756

4,750

4,841

4,587

4,809

4,751

4,371

4,511

4,660

5,089

4,948

4,176

4,291

3,687

3,864

3,678

3,871

4,490

3,847

696

Fixed maturity investments available for sale, at fair value - amortized cost $Nil at December 31, 2016 (2015 - $15,943)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

12

13

17

19

21

25

26

28

29

30

34

38

40

45

83

94

108

125

142

149

202

232

244

330

725

3,420

Short term investments, at fair value

5,263

4,566

4,116

4,579

4,012

2,586

2,461

2,031

1,616

991

1,497

1,070

1,199

1,368

1,136

1,000

1,171

1,208

998

1,543

1,775

1,013

1,031

957

977

1,044

925

924

997

821

679

654

1,172

905

1,557

774

1,518

1,110

884

792

943

Equity investments trading, at fair value

360

436

379

273

389

310

413

432

387

388

402

393

388

383

345

301

335

393

462

493

261

322

301

254

245

254

113

108

0

58

57

55

53

50

45

32

12

0

-

-

-

Other Long-term Investments

1,058

1,087

962

955

878

784

738

713

692

594

548

561

514

549

511

489

496

481

483

504

514

504

501

513

576

573

500

630

652

644

752

743

806

748

736

839

782

787

792

782

858

Investments in other ventures, under equity method

90

106

103

100

98

115

117

111

120

101

101

101

97

124

120

133

131

132

129

126

123

120

118

110

106

105

97

93

92

87

82

79

76

70

78

82

78

85

79

86

97

Investments

17,818

17,368

16,947

16,388

14,852

11,885

11,545

10,710

10,221

9,503

9,642

9,408

9,459

9,316

9,214

9,010

9,040

8,999

8,999

9,280

8,684

6,743

6,731

6,706

6,523

6,821

6,427

6,169

6,300

6,355

6,755

6,590

6,411

6,209

6,256

5,795

6,303

6,100

6,577

6,234

6,015

Cash and cash equivalents

896

1,379

871

670

1,021

1,107

453

548

647

1,361

581

623

454

421

493

455

449

506

524

398

557

525

300

294

327

408

266

285

335

304

249

264

260

216

235

237

252

277

351

285

203

Premiums receivable

3,105

2,599

2,799

3,140

2,753

1,537

1,787

1,959

1,684

1,304

1,521

1,533

1,283

987

1,181

1,332

1,094

778

864

1,068

866

440

630

837

668

474

735

954

654

491

701

971

703

471

695

933

574

322

763

1,021

323

Prepaid reinsurance premiums

1,151

767

972

1,158

1,086

616

795

925

794

533

635

705

628

441

511

533

444

230

258

276

233

94

195

267

207

66

166

214

170

77

189

278

143

58

164

245

125

60

178

276

76

Reinsurance recoverable

2,765

2,791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reinsurance Recoverables, Including Reinsurance Premium Paid

-

-

2,438

2,865

2,908

2,372

1,204

1,454

1,572

1,586

1,588

370

325

279

240

222

167

134

141

136

82

66

79

85

98

101

149

175

162

192

209

198

279

404

434

333

324

101

200

179

84

Accrued investment income

73

72

73

76

64

51

46

44

43

42

38

40

40

38

37

37

37

39

40

37

40

26

25

28

27

34

26

26

29

33

37

35

30

33

34

36

33

34

38

34

30

Deferred acquisition costs and value of business acquired

739

663

708

780

841

476

497

511

477

426

434

430

388

335

351

331

287

199

213

173

146

110

130

140

121

81

103

125

77

52

83

106

71

43

71

90

56

35

80

100

39

Receivable for investments sold

341

78

225

395

411

256

406

505

111

103

193

170

316

105

193

203

204

220

321

149

121

52

147

58

84

75

240

311

163

168

344

311

237

117

33

257

136

99

158

153

7

Other secured assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

14

-

17

17

27

Other assets

312

346

344

344

353

135

121

122

127

121

164

176

173

175

181

160

167

181

271

257

273

135

108

89

96

108

113

196

193

110

215

193

205

180

176

219

176

219

200

174

172

Goodwill and other intangible assets

260

262

263

265

267

237

238

240

241

243

244

246

248

251

254

258

261

265

270

275

281

7

7

8

8

8

8

8

8

8

8

8

9

8

14

14

14

14

72

74

15

Assets of discontinued operations held for sale (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

-

-

134

-

-

-

-

2

2

2

872

-

-

931

Total assets

27,465

26,330

25,644

26,086

24,559

18,676

17,096

17,023

15,922

15,226

15,044

13,705

13,319

12,352

12,659

12,544

12,153

11,555

11,906

12,053

11,287

8,203

8,356

8,515

8,163

8,179

8,353

8,467

8,096

7,928

8,793

8,959

8,353

7,744

8,117

8,166

8,015

8,138

8,640

8,553

7,926

Liabilities, Noncontrolling Interests and Shareholders’ Equity
Liabilities
Reserve for claims and claim expenses

9,406

9,384

8,602

8,484

8,391

6,076

4,952

4,702

4,912

5,080

5,192

2,989

2,934

2,848

2,861

2,844

2,811

2,767

2,796

2,847

2,781

1,412

1,532

1,552

1,532

1,563

1,683

1,710

1,755

1,879

1,782

1,801

1,858

1,992

2,226

2,170

2,070

1,257

1,706

1,682

1,344

Unearned premiums

3,245

2,530

2,967

3,362

3,188

1,716

2,058

2,267

1,961

1,477

1,713

1,847

1,596

1,231

1,434

1,518

1,261

889

1,042

1,155

983

512

758

929

783

477

754

970

658

399

718

964

646

347

623

830

500

286

690

994

317

Debt

1,134

1,384

1,383

1,382

1,191

991

990

990

989

989

989

988

945

948

951

954

957

960

969

972

826

249

249

249

249

249

249

250

254

349

358

354

351

353

349

349

549

549

549

549

300

Reinsurance balances payable

3,775

2,830

2,910

3,280

3,009

1,902

1,970

2,085

1,758

989

1,034

1,052

972

673

774

753

618

523

533

512

495

454

501

558

468

293

358

387

380

290

356

396

285

256

317

403

256

318

364

406

384

Payable for investments purchased

636

225

654

554

679

380

555

490

306

208

377

407

604

305

437

432

454

391

602

511

217

203

284

201

179

193

407

463

397

278

576

519

361

303

233

102

417

195

304

202

59

Other secured liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

17

17

27

Other liabilities

351

932

395

396

435

513

147

134

130

792

301

222

217

301

227

215

208

245

244

228

231

374

203

164

200

397

183

216

207

198

206

173

242

211

174

152

165

236

292

217

200

Liabilities of discontinued operations held for sale (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

-

-

57

1

1

12

13

9

10

2

598

-

-

665

Total liabilities

18,550

17,287

16,913

17,461

16,896

11,579

10,675

10,669

10,060

9,538

9,608

7,508

7,270

6,309

6,687

6,719

6,311

5,777

6,187

6,227

5,536

3,206

3,529

3,655

3,414

3,174

3,693

3,998

3,654

3,453

3,999

4,211

3,758

3,478

3,933

4,019

3,975

3,441

3,925

4,070

3,298

Commitments and Contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Redeemable Noncontrolling Interest, Equity, Carrying Amount

3,231

3,071

2,779

2,712

2,109

2,051

1,533

1,493

1,425

1,296

1,033

1,242

1,187

1,175

1,164

1,122

1,081

1,045

1,022

988

968

1,131

1,091

1,023

986

1,099

945

897

875

968

950

900

796

657

633

628

536

757

-

-

786

Shareholders’ Equity
Preference shares: $1.00 par value – 11,010,000 shares issued and outstanding at March 31, 2020 (December 31, 2019 – 16,010,000)

525

650

650

650

650

650

650

650

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

550

550

550

550

550

550

550

550

650

650

650

Common shares: $1.00 par value – 44,033,618 shares issued and outstanding at March 31, 2020 (December 31, 2019 – 44,148,116)

44

44

44

44

44

42

40

40

40

40

40

40

40

41

41

41

43

43

44

46

46

38

38

40

40

43

44

44

44

45

48

50

51

51

51

51

51

54

54

54

61

Additional paid-in capital

502

568

560

552

543

296

42

35

38

37

32

67

131

216

213

242

422

507

551

750

754

0

-

-

-

-

-

-

-

-

-

-

0

-

9

5

-

-

5

0

-

Accumulated other comprehensive loss

-1

-1

4

-3

-1

-1

-1

-1

0

0

0

-0

-0

1

2

2

1

2

2

2

3

3

3

3

3

4

4

4

6

13

14

12

12

11

11

18

19

19

23

22

41

Retained earnings

4,613

4,710

4,691

4,670

4,317

4,058

4,155

4,135

3,957

3,913

3,929

4,447

4,289

4,207

4,150

4,016

3,893

3,778

3,699

3,637

3,577

3,423

3,293

3,391

3,317

3,456

3,261

3,119

3,112

3,043

3,226

3,229

3,179

2,991

2,925

2,889

2,878

3,312

3,239

3,048

3,087

Total shareholders’ equity attributable to RenaissanceRe

5,683

5,971

5,951

5,912

5,554

5,045

4,886

4,860

4,436

4,391

4,403

4,955

4,860

4,866

4,807

4,703

4,760

4,732

4,697

4,836

4,782

-

3,735

3,835

3,762

-

3,710

3,568

3,563

3,503

3,838

3,843

3,794

3,605

3,547

3,515

3,499

3,936

3,973

3,775

3,840

Noncontrolling interest (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

3

3

3

3

3

3

3

3

3

2

741

707

-

Total shareholders equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,865

-

-

-

3,904

3,714

3,571

3,566

3,507

3,842

3,846

3,798

3,608

3,551

3,518

3,503

3,939

-

-

3,840

Total liabilities, noncontrolling interests and shareholders’ equity

27,465

26,330

25,644

26,086

24,559

18,676

17,096

17,023

15,922

15,226

15,044

13,705

13,319

12,352

12,659

12,544

12,153

11,555

11,906

12,053

11,287

8,203

8,356

8,515

8,163

8,179

8,353

8,467

8,096

7,928

8,793

8,959

8,353

7,744

8,117

8,166

8,015

8,138

8,640

8,553

7,926