RENAISSANCERE HOLDINGS LTD
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 12, 2025
RNR$355.85+2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2024 and 2023
At December 31, 2024 and 2023
(in thousands of United States Dollars, except share and per share amounts)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Fixed maturity investments trading, at fair value - amortized cost $23,750,540 at December 31, 2024 (2023 - $20,872,450) (Notes 5 and 6) | $23,562,514 | $20,877,108 |
| Short term investments, at fair value - amortized cost $4,532,166 at December 31, 2024 (2023 - $4,603,340) (Notes 5 and 6) | 4,531,655 | 4,604,079 |
| Equity investments, at fair value (Notes 5 and 6) | 117,756 | 106,766 |
| Other investments, at fair value (Notes 5 and 6) | 4,324,761 | 3,515,566 |
| Investments in other ventures, under equity method (Note 5) | 102,770 | 112,624 |
| Total investments | 32,639,456 | 29,216,143 |
| Cash and cash equivalents | 1,676,604 | 1,877,518 |
| Premiums receivable (Note 7) | 7,290,228 | 7,280,682 |
| Prepaid reinsurance premiums (Note 7) | 888,332 | 924,777 |
| Reinsurance recoverable (Notes 7 and 8) | 4,481,390 | 5,344,286 |
| Accrued investment income | 238,290 | 205,713 |
| Deferred acquisition costs and value of business acquired | 1,552,359 | 1,751,437 |
| Deferred tax asset (Note 15) | 701,053 | 685,040 |
| Receivable for investments sold | 91,669 | 622,197 |
| Other assets | 444,037 | 323,960 |
| Goodwill and other intangible assets (Note 4) | 704,132 | 775,352 |
| Total assets | $50,707,550 | $49,007,105 |
| Liabilities, Noncontrolling Interests and Shareholders’ Equity | ||
| Liabilities | ||
| Reserve for claims and claim expenses (Note 8) | $21,303,491 | $20,486,869 |
| Unearned premiums | 5,950,415 | 6,136,135 |
| Debt (Note 9) | 1,886,689 | 1,958,655 |
| Reinsurance balances payable | 2,804,344 | 3,186,174 |
| Payable for investments purchased | 150,721 | 661,611 |
| Other liabilities | 1,060,129 | 1,021,872 |
| Total liabilities | 33,155,789 | 33,451,316 |
| Commitments and contingencies (Note 20) | ||
| Redeemable noncontrolling interests (Note 10) | 6,977,749 | 6,100,831 |
| Shareholders’ Equity | ||
| Preference shares: $1.00 par value – 30,000 shares issued and outstanding at December 31, 2024 (2023 – 30,000) (Note 12) | 750,000 | 750,000 |
| Common shares: $1.00 par value – 50,180,987 shares issued and outstanding at December 31, 2024 (2023 – 52,693,887) (Note 12) | 50,181 | 52,694 |
| Additional paid-in capital (Note 12) | 1,512,435 | 2,144,459 |
| Accumulated other comprehensive income (loss) | (14,756) | (14,211) |
| Retained earnings (Note 12) | 8,276,152 | 6,522,016 |
| Total shareholders’ equity attributable to RenaissanceRe | 10,574,012 | 9,454,958 |
| Total liabilities, noncontrolling interests and shareholders’ equity | $50,707,550 | $49,007,105 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.