RENAISSANCERE HOLDINGS LTD
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
RNR$355.85+2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 202 and
At December 31, 2023 and 2022
(in thousands of United States Dollars, except share and per share amounts)
| December 31,2023 | December 31,2022 | |
|---|---|---|
| Assets | ||
| Fixed maturity investments trading, at fair value - amortized cost $20,872,450 at December 31, 2023 (2022 - $15,038,551) (Notes 5 and 6) | $20,877,108 | $14,351,402 |
| Short term investments, at fair value - amortized cost $4,603,340 at December 31, 2023 (2022 - $4,671,581) (Notes 5 and 6) | 4,604,079 | 4,669,272 |
| Equity investments, at fair value (Notes 5 and 6) | 106,766 | 625,058 |
| Other investments, at fair value (Notes 5 and 6) | 3,515,566 | 2,494,954 |
| Investments in other ventures, under equity method (Note 5) | 112,624 | 79,750 |
| Total investments | 29,216,143 | 22,220,436 |
| Cash and cash equivalents | 1,877,518 | 1,194,339 |
| Premiums receivable (Note 7) | 7,280,682 | 5,139,471 |
| Prepaid reinsurance premiums (Note 7) | 924,777 | 1,021,412 |
| Reinsurance recoverable (Notes 7 and 8) | 5,344,286 | 4,710,925 |
| Accrued investment income | 205,713 | 121,501 |
| Deferred acquisition costs and value of business acquired | 1,751,437 | 1,171,738 |
| Deferred tax asset | 685,040 | 123,153 |
| Receivable for investments sold | 622,197 | 350,526 |
| Other assets | 323,960 | 261,549 |
| Goodwill and other intangible assets (Note 4) | 775,352 | 237,828 |
| Total assets | $49,007,105 | $36,552,878 |
| Liabilities, Noncontrolling Interests and Shareholders’ Equity | ||
| Liabilities | ||
| Reserve for claims and claim expenses (Note 8) | $20,486,869 | $15,892,573 |
| Unearned premiums | 6,136,135 | 4,559,107 |
| Debt (Note 9) | 1,958,655 | 1,170,442 |
| Reinsurance balances payable | 3,186,174 | 3,928,281 |
| Payable for investments purchased | 661,611 | 493,776 |
| Other liabilities | 1,021,872 | 648,036 |
| Total liabilities | 33,451,316 | 26,692,215 |
| Commitments and contingencies (Note 20) | ||
| Redeemable noncontrolling interests (Note 10) | 6,100,831 | 4,535,389 |
| Shareholders’ Equity (Note 12) | ||
| Preference shares: $1.00 par value – 30,000 shares issued and outstanding at December 31, 2023 (2022 – 30,000) | 750,000 | 750,000 |
| Common shares: $1.00 par value – 52,693,887 shares issued and outstanding at December 31, 2023 (2022 – 43,717,836) | 52,694 | 43,718 |
| Additional paid-in capital | 2,144,459 | 475,647 |
| Accumulated other comprehensive income (loss) | (14,211) | (15,462) |
| Retained earnings | 6,522,016 | 4,071,371 |
| Total shareholders’ equity attributable to RenaissanceRe | 9,454,958 | 5,325,274 |
| Total liabilities, noncontrolling interests and shareholders’ equity | $49,007,105 | $36,552,878 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.