RenaissanceRe (RNR) 8-K Results of Operations and Financial Condition

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended March 31, 2016	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	373,017		$	71,942		$	444,959		$	417,174		$	—		$	862,133
Net premiums written	$	184,267		$	48,592		$	232,859		$	278,816		$	—		$	511,675
Net premiums earned	$	143,111		$	32,121		$	175,232		$	178,374		$	—		$	353,606
Net claims and claim expenses incurred	4,722			17,082			21,804			104,883			(82		)	126,605
Acquisition expenses	10,829			9,295			20,124			45,468			—			65,592
Operational expenses	23,050			5,607			28,657			27,518			60			56,235
Underwriting income (loss)	$	104,510		$	137		$	104,647		$	505		$	22		105,174
Net investment income													28,863			28,863
Net foreign exchange losses													(1,692		)	(1,692		)
Equity in earnings of other ventures													1,611			1,611
Other income													4,079			4,079
Net realized and unrealized gains on investments													61,653			61,653
Corporate expenses													(8,225		)	(8,225		)
Interest expense													(10,538		)	(10,538		)
Income before taxes and noncontrolling interests																180,925
Income tax expense													(2,744		)	(2,744		)
Net income attributable to noncontrolling interests													(44,591		)	(44,591		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	127,995
Net claims and claim expenses incurred – current accident year	$	11,352		$	16,380		$	27,732		$	100,477		$	—		$	128,209
Net claims and claim expenses incurred – prior accident years	(6,630		)	702			(5,928		)	4,406			(82		)	(1,604		)
Net claims and claim expenses incurred – total	$	4,722		$	17,082		$	21,804		$	104,883		$	(82	)	$	126,605
Net claims and claim expense ratio – current accident year	7.9		%	51.0		%	15.8		%	56.3		%				36.3		%
Net claims and claim expense ratio – prior accident years	(4.6		)%	2.2		%	(3.4		)%	2.5		%				(0.5		)%
Net claims and claim expense ratio – calendar year	3.3		%	53.2		%	12.4		%	58.8		%				35.8		%
Underwriting expense ratio	23.7		%	46.4		%	27.9		%	40.9		%				34.5		%
Combined ratio	27.0		%	99.6		%	40.3		%	99.7		%				70.3		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended June 30, 2016	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	432,033		$	61,920		$	493,953		$	265,175		$	—		$	759,128
Net premiums written	$	290,195		$	60,398		$	350,593		$	169,323		$	—		$	519,916
Net premiums earned	$	151,201		$	39,859		$	191,060		$	160,342		$	—		$	351,402
Net claims and claim expenses incurred	59,505			20,770			80,275			87,390			85			167,750
Acquisition expenses	18,817			10,572			29,389			39,616			—			69,005
Operational expenses	21,080			5,446			26,526			24,526			21			51,073
Underwriting income (loss)	$	51,799		$	3,071		$	54,870		$	8,810		$	(106	)	63,574
Net investment income													54,124			54,124
Net foreign exchange losses													(690		)	(690		)
Equity in earnings of other ventures													6,022			6,022
Other income													2,654			2,654
Net realized and unrealized gains on investments													69,772			69,772
Corporate expenses													(5,752		)	(5,752		)
Interest expense													(10,536		)	(10,536		)
Income before taxes and noncontrolling interests																179,168
Income tax expense													(6,612		)	(6,612		)
Net income attributable to noncontrolling interests													(30,635		)	(30,635		)
Dividends on preference shares													(5,596		)	(5,596		)
Net income available to RenaissanceRe common shareholders																$	136,325
Net claims and claim expenses incurred – current accident year	$	73,311		$	20,025		$	93,336		$	103,669		$	—		$	197,005
Net claims and claim expenses incurred – prior accident years	(13,806		)	745			(13,061		)	(16,279		)	85			(29,255		)
Net claims and claim expenses incurred – total	$	59,505		$	20,770		$	80,275		$	87,390		$	85		$	167,750
Net claims and claim expense ratio – current accident year	48.5		%	50.2		%	48.9		%	64.7		%				56.1		%
Net claims and claim expense ratio – prior accident years	(9.1		)%	1.9		%	(6.9		)%	(10.2		)%				(8.4		)%
Net claims and claim expense ratio – calendar year	39.4		%	52.1		%	42.0		%	54.5		%				47.7		%
Underwriting expense ratio	26.3		%	40.2		%	29.3		%	40.0		%				34.2		%
Combined ratio	65.7		%	92.3		%	71.3		%	94.5		%				81.9		%

	Property
Six months ended June 30, 2016	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	805,050		$	133,862		$	938,912		$	682,349		$	—		$	1,621,261
Net premiums written	$	474,462		$	108,990		$	583,452		$	448,139		$	—		$	1,031,591
Net premiums earned	$	294,312		$	71,980		$	366,292		$	338,716		$	—		$	705,008
Net claims and claim expenses incurred	64,227			37,852			102,079			192,273			3			294,355
Acquisition expenses	29,646			19,867			49,513			85,084			—			134,597
Operational expenses	44,130			11,053			55,183			52,044			81			107,308
Underwriting income (loss)	$	156,309		$	3,208		$	159,517		$	9,315		$	(84	)	168,748
Net investment income													82,987			82,987
Net foreign exchange losses													(2,382		)	(2,382		)
Equity in earnings of other ventures													7,633			7,633
Other income													6,733			6,733
Net realized and unrealized gains on investments													131,425			131,425
Corporate expenses													(13,977		)	(13,977		)
Interest expense													(21,074		)	(21,074		)
Income before taxes and noncontrolling interests																360,093
Income tax expense													(9,356		)	(9,356		)
Net income attributable to noncontrolling interests													(75,226		)	(75,226		)
Dividends on preference shares													(11,191		)	(11,191		)
Net income available to RenaissanceRe common shareholders																$	264,320
Net claims and claim expenses incurred – current accident year	$	84,663		$	36,405		$	121,068		$	204,146		$	—		$	325,214
Net claims and claim expenses incurred – prior accident years	(20,436		)	1,447			(18,989		)	(11,873		)	3			(30,859		)
Net claims and claim expenses incurred – total	$	64,227		$	37,852		$	102,079		$	192,273		$	3		$	294,355
Net claims and claim expense ratio – current accident year	28.8		%	50.6		%	33.1		%	60.3		%				46.1		%
Net claims and claim expense ratio – prior accident years	(7.0		)%	2.0		%	(5.2		)%	(3.5		)%				(4.3		)%
Net claims and claim expense ratio – calendar year	21.8		%	52.6		%	27.9		%	56.8		%				41.8		%
Underwriting expense ratio	25.1		%	42.9		%	28.6		%	40.4		%				34.3		%
Combined ratio	46.9		%	95.5		%	56.5		%	97.2		%				76.1		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended September 30, 2016	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	71,606		$	48,298		$	119,904		$	310,320		$	—		$	430,224
Net premiums written	$	42,033		$	48,876		$	90,909		$	193,313		$	—		$	284,222
Net premiums earned	$	130,014		$	42,647		$	172,661		$	173,860		$	—		$	346,521
Net claims and claim expenses incurred	1,906			21,633			23,539			89,844			(808		)	112,575
Acquisition expenses	9,195			12,468			21,663			58,917			—			80,580
Operational expenses	19,208			5,050			24,258			16,217			18			40,493
Underwriting income	$	99,705		$	3,496		$	103,201		$	8,882		$	790		112,873
Net investment income													51,423			51,423
Net foreign exchange losses													(5,986		)	(5,986		)
Equity in losses of other ventures													(11,630		)	(11,630		)
Other income													2,268			2,268
Net realized and unrealized gains on investments													59,870			59,870
Corporate expenses													(11,537		)	(11,537		)
Interest expense													(10,536		)	(10,536		)
Income before taxes and noncontrolling interests																186,745
Income tax benefit													1,316			1,316
Net income attributable to noncontrolling interests													(35,641		)	(35,641		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	146,825
Net claims and claim expenses incurred – current accident year	$	18,275		$	23,787		$	42,062		$	116,298		$	—		$	158,360
Net claims and claim expenses incurred – prior accident years	(16,369		)	(2,154		)	(18,523		)	(26,454		)	(808		)	(45,785		)
Net claims and claim expenses incurred – total	$	1,906		$	21,633		$	23,539		$	89,844		$	(808	)	$	112,575
Net claims and claim expense ratio – current accident year	14.1		%	55.8		%	24.4		%	66.9		%				45.7		%
Net claims and claim expense ratio – prior accident years	(12.6		)%	(5.1		)%	(10.8		)%	(15.2		)%				(13.2		)%
Net claims and claim expense ratio – calendar year	1.5		%	50.7		%	13.6		%	51.7		%				32.5		%
Underwriting expense ratio	21.8		%	41.1		%	26.6		%	43.2		%				34.9		%
Combined ratio	23.3		%	91.8		%	40.2		%	94.9		%				67.4		%

	Property
Nine months ended September 30, 2016	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	876,656		$	182,160		$	1,058,816		$	992,669		$	—		$	2,051,485
Net premiums written	$	516,495		$	157,866		$	674,361		$	641,452		$	—		$	1,315,813
Net premiums earned	$	424,326		$	114,627		$	538,953		$	512,576		$	—		$	1,051,529
Net claims and claim expenses incurred	66,133			59,485			125,618			282,117			(805		)	406,930
Acquisition expenses	38,841			32,335			71,176			144,001			—			215,177
Operational expenses	63,338			16,103			79,441			68,261			99			147,801
Underwriting income	$	256,014		$	6,704		$	262,718		$	18,197		$	706		281,621
Net investment income													134,410			134,410
Net foreign exchange losses													(8,368		)	(8,368		)
Equity in losses of other ventures													(3,997		)	(3,997		)
Other income													9,001			9,001
Net realized and unrealized gains on investments													191,295			191,295
Corporate expenses													(25,514		)	(25,514		)
Interest expense													(31,610		)	(31,610		)
Income before taxes and noncontrolling interests																546,838
Income tax expense													(8,040		)	(8,040		)
Net income attributable to noncontrolling interests													(110,867		)	(110,867		)
Dividends on preference shares													(16,786		)	(16,786		)
Net income available to RenaissanceRe common shareholders																$	411,145
Net claims and claim expenses incurred – current accident year	$	102,938		$	60,192		$	163,130		$	320,444		$	—		$	483,574
Net claims and claim expenses incurred – prior accident years	(36,805		)	(707		)	(37,512		)	(38,327		)	(805		)	(76,644		)
Net claims and claim expenses incurred – total	$	66,133		$	59,485		$	125,618		$	282,117		$	(805	)	$	406,930
Net claims and claim expense ratio – current accident year	24.3		%	52.5		%	30.3		%	62.5		%				46.0		%
Net claims and claim expense ratio – prior accident years	(8.7		)%	(0.6		)%	(7.0		)%	(7.5		)%				(7.3		)%
Net claims and claim expense ratio – calendar year	15.6		%	51.9		%	23.3		%	55.0		%				38.7		%
Underwriting expense ratio	24.1		%	42.3		%	28.0		%	41.4		%				34.5		%
Combined ratio	39.7		%	94.2		%	51.3		%	96.4		%				73.2		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended March 31, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	410,325		$	33,545		$	443,870		$	199,798		$	(90	)	$	643,578
Net premiums written	$	227,444		$	20,144		$	247,588		$	156,536		$	(89	)	$	404,035
Net premiums earned	$	153,154		$	28,397		$	181,551		$	115,298		$	(89	)	$	296,760
Net claims and claim expenses incurred	6,757			12,764			19,521			57,755			(423		)	76,853
Acquisition expenses	9,389			7,787			17,176			25,860			365			43,401
Operational expenses	20,704			4,330			25,034			20,559			28			45,621
Underwriting income (loss)	$	116,304		$	3,516		$	119,820		$	11,124		$	(59	)	130,885
Net investment income													39,707			39,707
Net foreign exchange losses													(3,130		)	(3,130		)
Equity in earnings of other ventures													5,295			5,295
Other income													1,539			1,539
Net realized and unrealized gains on investments													41,749			41,749
Corporate expenses													(45,533		)	(45,533		)
Interest expense													(5,316		)	(5,316		)
Income before taxes and noncontrolling interests																165,196
Income tax benefit													47,904			47,904
Net income attributable to noncontrolling interests													(39,662		)	(39,662		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	167,843
Net claims and claim expenses incurred – current accident year	$	23,638		$	10,504		$	34,142		$	64,856		$	—		$	98,998
Net claims and claim expenses incurred – prior accident years	(16,881		)	2,260			(14,621		)	(7,101		)	(423		)	(22,145		)
Net claims and claim expenses incurred – total	$	6,757		$	12,764		$	19,521		$	57,755		$	(423	)	$	76,853
Net claims and claim expense ratio – current accident year	15.4		%	37.0		%	18.8		%	56.3		%				33.4		%
Net claims and claim expense ratio – prior accident years	(11.0		)%	7.9		%	(8.0		)%	(6.2		)%				(7.5		)%
Net claims and claim expense ratio – calendar year	4.4		%	44.9		%	10.8		%	50.1		%				25.9		%
Underwriting expense ratio	19.7		%	42.7		%	23.2		%	40.3		%				30.0		%
Combined ratio	24.1		%	87.6		%	34.0		%	90.4		%				55.9		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended June 30, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	416,716		$	49,374		$	466,090		$	195,907		$	—		$	661,997
Net premiums written	$	302,122		$	46,416		$	348,538		$	160,139		$	—		$	508,677
Net premiums earned	$	172,858		$	43,620		$	216,478		$	163,350		$	—		$	379,828
Net claims and claim expenses incurred	54,582			9,910			64,492			104,628			224			169,344
Acquisition expenses	21,207			10,764			31,971			29,804			(109		)	61,666
Operational expenses	23,918			5,064			28,982			25,574			117			54,673
Underwriting income (loss)	$	73,151		$	17,882		$	91,033		$	3,344		$	(232	)	94,145
Net investment income													38,604			38,604
Net foreign exchange losses													(1,740		)	(1,740		)
Equity in earnings of other ventures													6,160			6,160
Other income													1,427			1,427
Net realized and unrealized losses on investments													(26,712		)	(26,712		)
Corporate expenses													(12,868		)	(12,868		)
Interest expense													(9,862		)	(9,862		)
Income before taxes and noncontrolling interests																89,154
Income tax benefit													1,842			1,842
Net income attributable to noncontrolling interests													(12,167		)	(12,167		)
Dividends on preference shares													(5,596		)	(5,596		)
Net income available to RenaissanceRe common shareholders																$	73,233
Net claims and claim expenses incurred – current accident year	$	66,555		$	21,076		$	87,631		$	114,789		$	—		$	202,420
Net claims and claim expenses incurred – prior accident years	(11,973		)	(11,166		)	(23,139		)	(10,161		)	224			(33,076		)
Net claims and claim expenses incurred – total	$	54,582		$	9,910		$	64,492		$	104,628		$	224		$	169,344
Net claims and claim expense ratio – current accident year	38.5		%	48.3		%	40.5		%	70.3		%				53.3		%
Net claims and claim expense ratio – prior accident years	(6.9		)%	(25.6		)%	(10.7		)%	(6.2		)%				(8.7		)%
Net claims and claim expense ratio – calendar year	31.6		%	22.7		%	29.8		%	64.1		%				44.6		%
Underwriting expense ratio	26.1		%	36.3		%	28.1		%	33.9		%				30.6		%
Combined ratio	57.7		%	59.0		%	57.9		%	98.0		%				75.2		%

	Property
Six months ended June 30, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	827,041		$	82,919		$	909,960		$	395,705		$	(90	)	$	1,305,575
Net premiums written	$	529,566		$	66,560		$	596,126		$	316,675		$	(89	)	$	912,712
Net premiums earned	$	326,012		$	72,017		$	398,029		$	278,648		$	(89	)	$	676,588
Net claims and claim expenses incurred	61,339			22,674			84,013			162,383			(199		)	246,197
Acquisition expenses	30,596			18,551			49,147			55,664			256			105,067
Operational expenses	44,622			9,394			54,016			46,133			145			100,294
Underwriting income (loss)	$	189,455		$	21,398		$	210,853		$	14,468		$	(291	)	225,030
Net investment income													78,311			78,311
Net foreign exchange losses													(4,870		)	(4,870		)
Equity in earnings of other ventures													11,455			11,455
Other income													2,966			2,966
Net realized and unrealized gains on investments													15,037			15,037
Corporate expenses													(58,401		)	(58,401		)
Interest expense													(15,178		)	(15,178		)
Income before taxes and noncontrolling interests																254,350
Income tax benefit													49,746			49,746
Net income attributable to noncontrolling interests													(51,829		)	(51,829		)
Dividends on preference shares													(11,191		)	(11,191		)
Net income available to RenaissanceRe common shareholders																$	241,076
Net claims and claim expenses incurred – current accident year	$	90,193		$	31,580		$	121,773		$	179,645		$	—		$	301,418
Net claims and claim expenses incurred – prior accident years	(28,854		)	(8,906		)	(37,760		)	(17,262		)	(199		)	(55,221		)
Net claims and claim expenses incurred – total	$	61,339		$	22,674		$	84,013		$	162,383		$	(199	)	$	246,197
Net claims and claim expense ratio – current accident year	27.7		%	43.9		%	30.6		%	64.5		%				44.5		%
Net claims and claim expense ratio – prior accident years	(8.9		)%	(12.4		)%	(9.5		)%	(6.2		)%				(8.1		)%
Net claims and claim expense ratio – calendar year	18.8		%	31.5		%	21.1		%	58.3		%				36.4		%
Underwriting expense ratio	23.1		%	38.8		%	25.9		%	36.5		%				30.3		%
Combined ratio	41.9		%	70.3		%	47.0		%	94.8		%				66.7		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended September 30, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	88,273		$	30,006		$	118,279		$	251,363		$	—		$	369,642
Net premiums written	$	59,991		$	29,433		$	89,424		$	177,396		$	—		$	266,820
Net premiums earned	$	170,415		$	35,205		$	205,620		$	156,768		$	—		$	362,388
Net claims and claim expenses incurred	17,781			23,270			41,051			58,698			279			100,028
Acquisition expenses	16,559			10,020			26,579			51,555			(8		)	78,126
Operational expenses	25,041			4,860			29,901			24,581			36			54,518
Underwriting income (loss)	$	111,034		$	(2,945	)	$	108,089		$	21,934		$	(307	)	129,716
Net investment income													28,338			28,338
Net foreign exchange gains													616			616
Equity in earnings of other ventures													5,730			5,730
Other income													2,306			2,306
Net realized and unrealized losses on investments													(41,138		)	(41,138		)
Corporate expenses													(7,322		)	(7,322		)
Interest expense													(10,542		)	(10,542		)
Income before taxes and noncontrolling interests																107,704
Income tax benefit													4,573			4,573
Net income attributable to noncontrolling interests													(31,153		)	(31,153		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	75,529
Net claims and claim expenses incurred – current accident year	$	31,723		$	29,844		$	61,567		$	108,811		$	—		$	170,378
Net claims and claim expenses incurred – prior accident years	(13,942		)	(6,574		)	(20,516		)	(50,113		)	279			(70,350		)
Net claims and claim expenses incurred – total	$	17,781		$	23,270		$	41,051		$	58,698		$	279		$	100,028
Net claims and claim expense ratio – current accident year	18.6		%	84.8		%	29.9		%	69.4		%				47.0		%
Net claims and claim expense ratio – prior accident years	(8.2		)%	(18.7		)%	(9.9		)%	(32.0		)%				(19.4		)%
Net claims and claim expense ratio – calendar year	10.4		%	66.1		%	20.0		%	37.4		%				27.6		%
Underwriting expense ratio	24.4		%	42.3		%	27.4		%	48.6		%				36.6		%
Combined ratio	34.8		%	108.4		%	47.4		%	86.0		%				64.2		%

	Property
Nine months ended September 30, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	915,314		$	112,925		$	1,028,239		$	647,068		$	(90	)	$	1,675,217
Net premiums written	$	589,557		$	95,993		$	685,550		$	494,071		$	(89	)	$	1,179,532
Net premiums earned	$	496,427		$	107,222		$	603,649		$	435,416		$	(89	)	$	1,038,976
Net claims and claim expenses incurred	79,120			45,944			125,064			221,081			80			346,225
Acquisition expenses	47,155			28,571			75,726			107,219			248			183,193
Operational expenses	69,663			14,254			83,917			70,714			181			154,812
Underwriting income (loss)	$	300,489		$	18,453		$	318,942		$	36,402		$	(598	)	354,746
Net investment income													106,649			106,649
Net foreign exchange losses													(4,254		)	(4,254		)
Equity in earnings of other ventures													17,185			17,185
Other income													5,272			5,272
Net realized and unrealized losses on investments													(26,101		)	(26,101		)
Corporate expenses													(65,723		)	(65,723		)
Interest expense													(25,720		)	(25,720		)
Income before taxes and noncontrolling interests																362,054
Income tax benefit													54,319			54,319
Net income attributable to noncontrolling interests													(82,982		)	(82,982		)
Dividends on preference shares													(16,786		)	(16,786		)
Net income available to RenaissanceRe common shareholders																$	316,605
Net claims and claim expenses incurred – current accident year	$	121,916		$	61,424		$	183,340		$	288,456		$	—		$	471,796
Net claims and claim expenses incurred – prior accident years	(42,796		)	(15,480		)	(58,276		)	(67,375		)	80			(125,571		)
Net claims and claim expenses incurred – total	$	79,120		$	45,944		$	125,064		$	221,081		$	80		$	346,225
Net claims and claim expense ratio – current accident year	24.6		%	57.3		%	30.4		%	66.2		%				45.4		%
Net claims and claim expense ratio – prior accident years	(8.7		)%	(14.5		)%	(9.7		)%	(15.4		)%				(12.1		)%
Net claims and claim expense ratio – calendar year	15.9		%	42.8		%	20.7		%	50.8		%				33.3		%
Underwriting expense ratio	23.6		%	40.0		%	26.5		%	40.8		%				32.6		%
Combined ratio	39.5		%	82.8		%	47.2		%	91.6		%				65.9		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended December 31, 2015	Catastrophe			Other Property			Total				Casualty and Specialty			Other			Total
Gross premiums written	$	15,264		$	28,656		$	43,920			$	292,173		$	—		$	336,093
Net premiums written	$	11,992		$	28,603		$	40,595			$	196,015		$	41		$	236,651
Net premiums earned	$	168,177		$	34,159		$	202,336			$	159,198		$	41		$	361,575
Net claims and claim expenses incurred	(8,924		)	12,150			3,226				99,737			(950		)	102,013
Acquisition expenses	8,656			9,867			18,523				36,876			—			55,399
Operational expenses	28,717			6,032			34,749				29,466			85			64,300
Underwriting income (loss)	$	139,728		$	6,110		$	145,838			$	(6,881	)	$	906		139,863
Net investment income														45,918			45,918
Net foreign exchange gains														1,203			1,203
Equity in earnings of other ventures														3,296			3,296
Other income														8,200			8,200
Net realized and unrealized losses on investments														(42,817		)	(42,817		)
Corporate expenses														(10,791		)	(10,791		)
Interest expense														(10,550		)	(10,550		)
Income before taxes and noncontrolling interests																	134,322
Income tax expense														(8,453		)	(8,453		)
Net income attributable to noncontrolling interests														(28,068		)	(28,068		)
Dividends on preference shares														(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																	$	92,206
Net claims and claim expenses incurred – current accident year	$	19,828		$	18,908		$	38,736			$	100,153		$	—		$	138,889
Net claims and claim expenses incurred – prior accident years	(28,752		)	(6,758		)	(35,510		)		(416		)	(950		)	(36,876		)
Net claims and claim expenses incurred – total	$	(8,924	)	$	12,150		$	3,226			$	99,737		$	(950	)	$	102,013
Net claims and claim expense ratio – current accident year	11.8		%	55.4		%	19.1		%		62.9		%				38.4		%
Net claims and claim expense ratio – prior accident years	(17.1		)%	(19.8		)%	(17.5		)%		(0.3		)%				(10.2		)%
Net claims and claim expense ratio – calendar year	(5.3		)%	35.6		%	1.6		%		62.6		%				28.2		%
Underwriting expense ratio	22.2		%	46.5		%	26.3		%		41.7		%				33.1		%
Combined ratio	16.9		%	82.1		%	27.9		%		104.3		%				61.3		%
										��

	Property
Year ended December 31, 2015	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	930,578		$	141,581		$	1,072,159		$	939,241		$	(90	)	$	2,011,310
Net premiums written	$	601,549		$	124,596		$	726,145		$	690,086		$	(48	)	$	1,416,183
Net premiums earned	$	664,604		$	141,381		$	805,985		$	594,614		$	(48	)	$	1,400,551
Net claims and claim expenses incurred	70,196			58,094			128,290			320,818			(870		)	448,238
Acquisition expenses	55,811			38,438			94,249			144,095			248			238,592
Operational expenses	98,380			20,286			118,666			100,180			266			219,112
Underwriting income	$	440,217		$	24,563		$	464,780		$	29,521		$	308		494,609
Net investment income													152,567			152,567
Net foreign exchange losses													(3,051		)	(3,051		)
Equity in earnings of other ventures													20,481			20,481
Other income													13,472			13,472
Net realized and unrealized losses on investments													(68,918		)	(68,918		)
Corporate expenses													(76,514		)	(76,514		)
Interest expense													(36,270		)	(36,270		)
Income before taxes and noncontrolling interests																496,376
Income tax benefit													45,866			45,866
Net income attributable to noncontrolling interests													(111,050		)	(111,050		)
Dividends on preference shares													(22,381		)	(22,381		)
Net income available to RenaissanceRe common shareholders																$	408,811
Net claims and claim expenses incurred – current accident year	$	141,744		$	80,332		$	222,076		$	388,609		$	—		$	610,685
Net claims and claim expenses incurred – prior accident years	(71,548		)	(22,238		)	(93,786		)	(67,791		)	(870		)	(162,447		)
Net claims and claim expenses incurred – total	$	70,196		$	58,094		$	128,290		$	320,818		$	(870	)	$	448,238
Net claims and claim expense ratio – current accident year	21.3		%	56.8		%	27.6		%	65.4		%				43.6		%
Net claims and claim expense ratio – prior accident years	(10.7		)%	(15.7		)%	(11.7		)%	(11.4		)%				(11.6		)%
Net claims and claim expense ratio – calendar year	10.6		%	41.1		%	15.9		%	54.0		%				32.0		%
Underwriting expense ratio	23.2		%	41.5		%	26.4		%	41.0		%				32.7		%
Combined ratio	33.8		%	82.6		%	42.3		%	95.0		%				64.7		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended March 31, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	489,266		$	18,065		$	507,331		$	197,929		$	—		$	705,260
Net premiums written	$	272,104		$	11,804		$	283,908		$	166,439		$	—		$	450,347
Net premiums earned	$	172,311		$	18,302		$	190,613		$	95,898		$	23		$	286,534
Net claims and claim expenses incurred	5,771			(1,356		)	4,415			54,402			98			58,915
Acquisition expenses	8,396			3,407			11,803			22,437			(540		)	33,700
Operational expenses	21,830			3,717			25,547			17,011			66			42,624
Underwriting income	$	136,314		$	12,534		$	148,848		$	2,048		$	399		151,295
Net investment income													38,948			38,948
Net foreign exchange losses													(1,061		)	(1,061		)
Equity in earnings of other ventures													4,199			4,199
Other income													62			62
Net realized and unrealized gains on investments													14,927			14,927
Corporate expenses													(4,486		)	(4,486		)
Interest expense													(4,352		)	(4,352		)
Income before taxes and noncontrolling interests																199,532
Income tax expense													(166		)	(166		)
Net income attributable to noncontrolling interests													(42,768		)	(42,768		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	151,003
Net claims and claim expenses incurred – current accident year	$	12,529		$	3,754		$	16,283		$	59,325		$	—		$	75,608
Net claims and claim expenses incurred – prior accident years	(6,758		)	(5,110		)	(11,868		)	(4,923		)	98			(16,693		)
Net claims and claim expenses incurred – total	$	5,771		$	(1,356	)	$	4,415		$	54,402		$	98		$	58,915
Net claims and claim expense ratio – current accident year	7.3		%	20.5		%	8.5		%	61.9		%				26.4		%
Net claims and claim expense ratio – prior accident years	(4.0		)%	(27.9		)%	(6.2		)%	(5.2		)%				(5.8		)%
Net claims and claim expense ratio – calendar year	3.3		%	(7.4		)%	2.3		%	56.7		%				20.6		%
Underwriting expense ratio	17.6		%	38.9		%	19.6		%	41.2		%				26.6		%
Combined ratio	20.9		%	31.5		%	21.9		%	97.9		%				47.2		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended June 30, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	414,748		$	16,249		$	430,997		$	80,543		$	—		$	511,540
Net premiums written	$	258,263		$	14,575		$	272,838		$	73,566		$	3		$	346,407
Net premiums earned	$	167,955		$	12,341		$	180,296		$	80,116		$	4		$	260,416
Net claims and claim expenses incurred	36,689			6,620			43,309			38,608			(529		)	81,388
Acquisition expenses	19,237			3,055			22,292			17,335			(6,150		)	33,477
Operational expenses	23,925			3,860			27,785			17,987			69			45,841
Underwriting income (loss)	$	88,104		$	(1,194	)	$	86,910		$	6,186		$	6,614		99,710
Net investment income													34,541			34,541
Net foreign exchange gains													2,392			2,392
Equity in earnings of other ventures													7,232			7,232
Other loss													(535		)	(535		)
Net realized and unrealized gains on investments													27,128			27,128
Corporate expenses													(3,895		)	(3,895		)
Interest expense													(4,351		)	(4,351		)
Income before taxes and noncontrolling interests																162,222
Income tax benefit													204			204
Net income attributable to noncontrolling interests													(36,078		)	(36,078		)
Dividends on preference shares													(5,596		)	(5,596		)
Net income available to RenaissanceRe common shareholders																$	120,752
Net claims and claim expenses incurred – current accident year	$	38,969		$	9,091		$	48,060		$	50,411		$	—		$	98,471
Net claims and claim expenses incurred – prior accident years	(2,280		)	(2,471		)	(4,751		)	(11,803		)	(529		)	(17,083		)
Net claims and claim expenses incurred – total	$	36,689		$	6,620		$	43,309		$	38,608		$	(529	)	$	81,388
Net claims and claim expense ratio – current accident year	23.2		%	73.7		%	26.7		%	62.9		%				37.8		%
Net claims and claim expense ratio – prior accident years	(1.4		)%	(20.1		)%	(2.7		)%	(14.7		)%				(6.5		)%
Net claims and claim expense ratio – calendar year	21.8		%	53.6		%	24.0		%	48.2		%				31.3		%
Underwriting expense ratio	25.7		%	56.1		%	27.8		%	44.1		%				30.4		%
Combined ratio	47.5		%	109.7		%	51.8		%	92.3		%				61.7		%

	Property
Six months ended June 30, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	904,014		$	34,314		$	938,328		$	278,472		$	—		$	1,216,800
Net premiums written	$	530,367		$	26,379		$	556,746		$	240,005		$	3		$	796,754
Net premiums earned	$	340,266		$	30,643		$	370,909		$	176,014		$	27		$	546,950
Net claims and claim expenses incurred	42,460			5,264			47,724			93,010			(431		)	140,303
Acquisition expenses	27,633			6,462			34,095			39,772			(6,690		)	67,177
Operational expenses	45,755			7,577			53,332			34,998			135			88,465
Underwriting income	$	224,418		$	11,340		$	235,758		$	8,234		$	7,013		251,005
Net investment income													73,489			73,489
Net foreign exchange gains													1,331			1,331
Equity in earnings of other ventures													11,431			11,431
Other loss													(473		)	(473		)
Net realized and unrealized gains on investments													42,055			42,055
Corporate expenses													(8,381		)	(8,381		)
Interest expense													(8,703		)	(8,703		)
Income before taxes and noncontrolling interests																361,754
Income tax benefit													38			38
Net income attributable to noncontrolling interests													(78,846		)	(78,846		)
Dividends on preference shares													(11,191		)	(11,191		)
Net income available to RenaissanceRe common shareholders																$	271,755
Net claims and claim expenses incurred – current accident year	$	51,498		$	12,845		$	64,343		$	109,736		$	—		$	174,079
Net claims and claim expenses incurred – prior accident years	(9,038		)	(7,581		)	(16,619		)	(16,726		)	(431		)	(33,776		)
Net claims and claim expenses incurred – total	$	42,460		$	5,264		$	47,724		$	93,010		$	(431	)	$	140,303
Net claims and claim expense ratio – current accident year	15.1		%	41.9		%	17.3		%	62.3		%				31.8		%
Net claims and claim expense ratio – prior accident years	(2.6		)%	(24.7		)%	(4.4		)%	(9.5		)%				(6.1		)%
Net claims and claim expense ratio – calendar year	12.5		%	17.2		%	12.9		%	52.8		%				25.7		%
Underwriting expense ratio	21.5		%	45.8		%	23.5		%	42.5		%				28.4		%
Combined ratio	34.0		%	63.0		%	36.4		%	95.3		%				54.1		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended September 30, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	73,413		$	26,410		$	99,823		$	101,169		$	—		$	200,992
Net premiums written	$	46,967		$	26,177		$	73,144		$	86,569		$	—		$	159,713
Net premiums earned	$	147,126		$	17,984		$	165,110		$	93,870		$	(1	)	$	258,979
Net claims and claim expenses incurred	(1,522		)	9,507			7,985			62,134			(472		)	69,647
Acquisition expenses	10,887			4,306			15,193			22,358			(1		)	37,550
Operational expenses	25,901			3,733			29,634			17,229			109			46,972
Underwriting income (loss)	$	111,860		$	438		$	112,298		$	(7,851	)	$	363		104,810
Net investment income													24,941			24,941
Net foreign exchange gains													5,036			5,036
Equity in earnings of other ventures													9,806			9,806
Other loss													(1,169		)	(1,169		)
Net realized and unrealized losses on investments													(31,097		)	(31,097		)
Corporate expenses													(3,845		)	(3,845		)
Interest expense													(4,350		)	(4,350		)
Income before taxes and noncontrolling interests																104,132
Income tax expense													(245		)	(245		)
Net income attributable to noncontrolling interests													(30,477		)	(30,477		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	67,815
Net claims and claim expenses incurred – current accident year	$	10,126		$	8,539		$	18,665		$	76,322		$	—		$	94,987
Net claims and claim expenses incurred – prior accident years	(11,648		)	968			(10,680		)	(14,188		)	(472		)	(25,340		)
Net claims and claim expenses incurred – total	$	(1,522	)	$	9,507		$	7,985		$	62,134		$	(472	)	$	69,647
Net claims and claim expense ratio – current accident year	6.9		%	47.5		%	11.3		%	81.3		%				36.7		%
Net claims and claim expense ratio – prior accident years	(7.9		)%	5.4		%	(6.5		)%	(15.1		)%				(9.8		)%
Net claims and claim expense ratio – calendar year	(1.0		)%	52.9		%	4.8		%	66.2		%				26.9		%
Underwriting expense ratio	25.0		%	44.7		%	27.2		%	42.2		%				32.6		%
Combined ratio	24.0		%	97.6		%	32.0		%	108.4		%				59.5		%

	Property
Nine months ended September 30, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	977,427		$	60,724		$	1,038,151		$	379,641		$	—		$	1,417,792
Net premiums written	$	577,334		$	52,556		$	629,890		$	326,574		$	3		$	956,467
Net premiums earned	$	487,392		$	48,627		$	536,019		$	269,884		$	26		$	805,929
Net claims and claim expenses incurred	40,938			14,771			55,709			155,144			(903		)	209,950
Acquisition expenses	38,520			10,768			49,288			62,130			(6,691		)	104,727
Operational expenses	71,656			11,310			82,966			52,227			244			135,437
Underwriting income	$	336,278		$	11,778		$	348,056		$	383		$	7,376		355,815
Net investment income													98,430			98,430
Net foreign exchange gains													6,367			6,367
Equity in earnings of other ventures													21,237			21,237
Other loss													(1,642		)	(1,642		)
Net realized and unrealized gains on investments													10,958			10,958
Corporate expenses													(12,226		)	(12,226		)
Interest expense													(13,053		)	(13,053		)
Income before taxes and noncontrolling interests																465,886
Income tax expense													(207		)	(207		)
Net income attributable to noncontrolling interests													(109,323		)	(109,323		)
Dividends on preference shares													(16,786		)	(16,786		)
Net income available to RenaissanceRe common shareholders																$	339,570
Net claims and claim expenses incurred – current accident year	$	61,624		$	21,384		$	83,008		$	186,058		$	—		$	269,066
Net claims and claim expenses incurred – prior accident years	(20,686		)	(6,613		)	(27,299		)	(30,914		)	(903		)	(59,116		)
Net claims and claim expenses incurred – total	$	40,938		$	14,771		$	55,709		$	155,144		$	(903	)	$	209,950
Net claims and claim expense ratio – current accident year	12.6		%	44.0		%	15.5		%	68.9		%				33.4		%
Net claims and claim expense ratio – prior accident years	(4.2		)%	(13.6		)%	(5.1		)%	(11.4		)%				(7.3		)%
Net claims and claim expense ratio – calendar year	8.4		%	30.4		%	10.4		%	57.5		%				26.1		%
Underwriting expense ratio	22.6		%	45.4		%	24.7		%	42.4		%				29.8		%
Combined ratio	31.0		%	75.8		%	35.1		%	99.9		%				55.9		%

Supplemental Financial Data - Segment Information

EXHIBIT 99.1

	Property
Three months ended December 31, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	11,908		$	24,831		$	36,739		$	95,732		$	309		$	132,780
Net premiums written	$	8,687		$	23,975		$	32,662		$	78,766		$	341		$	111,769
Net premiums earned	$	140,986		$	21,411		$	162,397		$	93,748		$	342		$	256,487
Net claims and claim expenses incurred	(44,024		)	4,958			(39,066		)	32,297			(5,234		)	(12,003		)
Acquisition expenses	10,882			6,092			16,974			22,632			143			39,749
Operational expenses	30,480			4,497			34,977			20,166			59			55,202
Underwriting income	$	143,648		$	5,864		$	149,512		$	18,653		$	5,374		173,539
Net investment income													25,886			25,886
Net foreign exchange losses													(107		)	(107		)
Equity in earnings of other ventures													4,838			4,838
Other income													1,219			1,219
Net realized and unrealized gains on investments													30,475			30,475
Corporate expenses													(10,523		)	(10,523		)
Interest expense													(4,349		)	(4,349		)
Income before taxes and noncontrolling interests																220,978
Income tax expense													(401		)	(401		)
Net income attributable to noncontrolling interests													(44,215		)	(44,215		)
Dividends on preference shares													(5,595		)	(5,595		)
Net income available to RenaissanceRe common shareholders																$	170,767
Net claims and claim expenses incurred – current accident year	$	6,605		$	14,288		$	20,893		$	51,786		$	—		$	72,679
Net claims and claim expenses incurred – prior accident years	(50,629		)	(9,330		)	(59,959		)	(19,489		)	(5,234		)	(84,682		)
Net claims and claim expenses incurred – total	$	(44,024	)	$	4,958		$	(39,066	)	$	32,297		$	(5,234	)	$	(12,003	)
Net claims and claim expense ratio – current accident year	4.7		%	66.7		%	12.9		%	55.2		%				28.3		%
Net claims and claim expense ratio – prior accident years	(35.9		)%	(43.5		)%	(37.0		)%	(20.7		)%				(33.0		)%
Net claims and claim expense ratio – calendar year	(31.2		)%	23.2		%	(24.1		)%	34.5		%				(4.7		)%
Underwriting expense ratio	29.3		%	49.4		%	32.0		%	45.6		%				37.0		%
Combined ratio	(1.9		)%	72.6		%	7.9		%	80.1		%				32.3		%

	Property
Year ended December 31, 2014	Catastrophe			Other Property			Total			Casualty and Specialty			Other			Total
Gross premiums written	$	989,335		$	85,555		$	1,074,890		$	475,373		$	309		$	1,550,572
Net premiums written	$	586,021		$	76,531		$	662,552		$	405,340		$	344		$	1,068,236
Net premiums earned	$	628,378		$	70,038		$	698,416		$	363,632		$	368		$	1,062,416
Net claims and claim expenses incurred	(3,086		)	19,729			16,643			187,441			(6,137		)	197,947
Acquisition expenses	49,402			16,860			66,262			84,762			(6,548		)	144,476
Operational expenses	102,136			15,807			117,943			72,393			303			190,639
Underwriting income	$	479,926		$	17,642		$	497,568		$	19,036		$	12,750		529,354
Net investment income													124,316			124,316
Net foreign exchange gains													6,260			6,260
Equity in earnings of other ventures													26,075			26,075
Other loss													(423		)	(423		)
Net realized and unrealized gains on investments													41,433			41,433
Corporate expenses													(22,749		)	(22,749		)
Interest expense													(17,402		)	(17,402		)
Income before taxes and noncontrolling interests																686,864
Income tax expense													(608		)	(608		)
Net income attributable to noncontrolling interests													(153,538		)	(153,538		)
Dividends on preference shares													(22,381		)	(22,381		)
Net income available to RenaissanceRe common shareholders																$	510,337
Net claims and claim expenses incurred – current accident year	$	68,229		$	35,672		$	103,901		$	237,844		$	—		$	341,745
Net claims and claim expenses incurred – prior accident years	(71,315		)	(15,943		)	(87,258		)	(50,403		)	(6,137		)	(143,798		)
Net claims and claim expenses incurred – total	$	(3,086	)	$	19,729		$	16,643		$	187,441		$	(6,137	)	$	197,947
Net claims and claim expense ratio – current accident year	10.9		%	50.9		%	14.9		%	65.4		%				32.2		%
Net claims and claim expense ratio – prior accident years	(11.4		)%	(22.7		)%	(12.5		)%	(13.9		)%				(13.6		)%
Net claims and claim expense ratio – calendar year	(0.5		)%	28.2		%	2.4		%	51.5		%				18.6		%
Underwriting expense ratio	24.1		%	46.6		%	26.4		%	43.3		%				31.6		%
Combined ratio	23.6		%	74.8		%	28.8		%	94.8		%				50.2		%