Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


RENAISSANCERE   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2020201920182017201620152014201320122011
Period End Date12/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/2011
Direct612.17461.41337.59290.73208.28130.6876.5154.3336.3729.73
Assumed5,193.994,346.342,972.842,506.812,166.291,880.631,474.061,551.081,515.221,405.25
Decrease (increase) in unearned premiums143.8743.09155.77153.75131.8815.635.8289.3233.3061.72
Ceded1,709.831,426.261,178.53926.22839.26595.13482.34401.47448.93422.20
Net premiums earned3,952.463,338.401,976.131,717.581,403.431,400.551,062.421,114.631,069.36951.05
Gross realized gains323.43133.4121.2849.1272.7450.4945.5772.4997.7979.36
Gross realized losses(46.52)(43.15)(91.10)(38.83)(38.32)(53.63)(14.87)(50.21)(16.71)(30.66)
Net realized (losses) gains on investments820.64414.11(183.17)135.82141.33(68.92)41.4335.08163.1243.96
Other than temporary impairments--------------------
Equity in earnings (losses) of other ventures17.1923.2218.478.030.9620.4826.0823.1923.24(36.53)
Net unrealized gains on fixed maturity investments, trading216.86170.18(57.31)8.4826.95(64.91)19.68(87.83)75.2819.40
Net unrealized gains on equity investments trading262.0664.09(66.90)39.5281.17(22.66)11.0842.917.632.57
Net investment income354.04424.21269.97222.21181.73152.57124.32208.03165.73146.87
Short term investments20.8056.2633.5711.085.131.230.941.701.011.67
Other9.428.45--8.0720.1812.4711.0473.7435.2010.59
Investment expenses(18.56)(17.65)(14.91)(15.39)--------(11.81)(10.16)
Cash and cash equivalents2.977.683.811.200.790.470.400.190.280.20
Fixed maturity investments available for sale278.22318.50211.97179.62160.66134.80100.8695.91103.33116.57
Hedge funds and private equity investments------34.006.169.4618.9745.7736.6427.54
Dividends on equity investment in reinsurance company--------------------
Equity investments trading6.404.814.473.63--8.353.452.301.090.47
Other income (loss)0.214.955.979.4214.1813.47(0.42)(2.36)(2.12)44.35
Net foreign exchange gains (losses)27.77(2.94)(12.43)10.63(13.79)(3.05)6.261.925.32(7.84)
Portion recognized in other comprehensive income, before taxes----------------0.050.08
Total other-than-temporary impairments----------------(0.40)(0.63)
Total Revenues5,172.324,201.952,074.942,103.681,727.841,515.101,260.081,380.481,424.301,141.29
Net claims and claim expenses incurred2,924.612,097.021,120.021,861.43530.83448.24197.95171.29325.21861.18
Gross claims and claim expenses incurred--------710.65544.97228.58185.14403.491,270.49
Claims and claim expenses recovered--------(179.82)(96.73)(30.63)(13.85)(78.28)(409.31)
Acquisition expenses897.68762.23432.99346.89289.32238.59144.48125.50113.5497.38
Interest expense50.4558.3647.0744.1942.1436.2717.4017.9323.1023.37
Operational expenses206.69222.73178.27160.78197.75219.11190.64191.11179.15169.66
Corporate expenses96.9794.1233.9818.5737.4076.5122.7533.6216.4618.16
Total Operating Expense4,176.403,234.471,812.332,431.861,097.451,018.73573.21539.44657.461,169.74
Minority interest - DaVinciRe--------------------
Minority interest - Company obligated, mandatorily redeemable capital securities of a subsidiary--------------------
INCOME BEFORE TAXES995.92967.48262.62(328.18)630.39496.38686.86841.04766.84(28.45)
Current6.312.131.670.84(2.09)(3.47)(0.70)(2.01)(1.67)(1.69)
Deferred(3.45)15.09(7.97)25.641.7549.340.090.310.25(1,413.00)
Income tax (expense) benefit2.8617.22(6.30)26.490.34(45.87)0.611.691.4110.39
Current: U.S. federal--------------------
Current: U.S. state and local--------------------
Deferred: U.S. federal--------------------
Income from continuing operations--------------839.35765.43(38.83)
Income from discontinued operations--------------2.42(16.48)(51.56)
Cumulative effect of a change in accounting principle--------------------
Consolidated Net income993.06950.27268.92(354.67)630.05542.24686.26841.77748.95(90.39)
Net income attributable to redeemable noncontrolling interest - DaVinciRe230.65201.4741.55(132.28)127.09111.05153.54151.14148.04(33.16)
Dividends on preference shares30.9236.7630.0922.3822.3822.3822.3824.9534.9035.00
Amount allocated to participating common shareholders (1)8.978.552.120.465.674.726.769.528.970.99
Net income (loss) available to common shareholders722.51703.50195.16(245.23)474.92404.09503.58656.16557.04(93.23)
EPS (Basic) : Income (loss) from continuing operations--------------15.0811.74(0.82)
EPS (Basic) : Income (loss) from discontinued operations--------------0.06(0.34)(1.02)
Net Earnings per share (Basic)15.3416.324.91(6.15)11.509.3612.7715.1411.40(1.84)
EPS (Diluted) : Income (loss) from continuing operations--------------14.8211.56(0.82)
EPS (Diluted) : Income (loss) from discontinued operations--------------0.05(0.33)(1.02)
Net Earnings per share (Diluted)15.3116.294.91(6.15)11.439.2812.6014.8711.23(1.84)
Weighted Average Shares Outstanding (Basic)47.1043.1239.7339.8541.3143.1639.4343.3548.8750.75
Weighted Average Shares Outstanding (Diluted)47.1843.1839.7639.8541.5643.5339.9744.1349.6050.75