Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries | CONDENSED CONSOLIDATING FINANCIAL INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT OF SUBSIDIARIES The following tables present condensed consolidating balance sheets at June 30, 2018 and December 31, 2017 , condensed consolidating statements of operations and condensed consolidating statements of comprehensive income for the three and six months ended June 30, 2018 and 2017 , and condensed consolidating statements of cash flows for the six months ended June 30, 2018 . Each of RenRe North America Holdings Inc. and RenaissanceRe Finance, Inc. is a 100% owned subsidiary of RenaissanceRe. On June 1, 2017, the notes issued by Platinum Underwriters Finance, Inc. (“Platinum Finance”) matured and the Company repaid the aggregate principal amount plus applicable accrued interest in full. Platinum Finance was subsequently dissolved on November 30, 2017. Prior to the liquidation of Platinum Finance, it was a 100% owned subsidiary of RenaissanceRe. For additional information related to the terms of the Company’s outstanding debt securities, see “Note 9. Debt and Credit Facilities” in the “Notes to Consolidated Financial Statements” in the Company’s Form 10-K for the year ended December 31, 2017 and “Note 7 . Debt and Credit Facilities” in the “Notes to Consolidated Financial Statements” included herein. Condensed Consolidating Balance Sheet at June 30, 2018 RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Assets Total investments $ 99,651 $ 114,609 $ 16,683 $ 10,479,717 $ — $ 10,710,660 Cash and cash equivalents 2,502 12 4,745 541,213 — 548,472 Investments in subsidiaries 4,289,987 54,479 1,159,014 — (5,503,480 ) — Due from subsidiaries and affiliates 139,503 91,891 — — (231,394 ) — Premiums receivable — — — 1,959,647 — 1,959,647 Prepaid reinsurance premiums — — — 925,501 — 925,501 Reinsurance recoverable — — — 1,454,991 — 1,454,991 Accrued investment income 406 318 71 44,015 — 44,810 Deferred acquisition costs — — — 511,155 — 511,155 Receivable for investments sold 195,242 68 — 310,597 — 505,907 Other assets 444,328 20,798 433,500 83,597 (860,175 ) 122,048 Goodwill and other intangible assets 122,644 — — 117,543 — 240,187 Total assets $ 5,294,263 $ 282,175 $ 1,614,013 $ 16,427,976 $ (6,595,049 ) $ 17,023,378 Liabilities, Noncontrolling Interests and Shareholders’ Equity Liabilities Reserve for claims and claim expenses $ — $ — $ — $ 4,702,345 $ — $ 4,702,345 Unearned premiums — — — 2,267,450 — 2,267,450 Debt 417,000 — 842,486 147,885 (417,000 ) 990,371 Amounts due to subsidiaries and affiliates 5,276 104 114,127 — (119,507 ) — Reinsurance balances payable — — — 2,085,034 — 2,085,034 Payable for investments purchased — 32 — 490,557 — 490,589 Other liabilities 11,926 694 13,945 120,523 (12,988 ) 134,100 Total liabilities 434,202 830 970,558 9,813,794 (549,495 ) 10,669,889 Redeemable noncontrolling interests — — — 1,493,428 — 1,493,428 Shareholders’ Equity Total shareholders’ equity 4,860,061 281,345 643,455 5,120,754 (6,045,554 ) 4,860,061 Total liabilities, noncontrolling interests and shareholders’ equity $ 5,294,263 $ 282,175 $ 1,614,013 $ 16,427,976 $ (6,595,049 ) $ 17,023,378 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Balance Sheet at December 31, 2017 RenaissanceRe Holdings Ltd. (Parent Guarantor) RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) Consolidating Adjustments (2) RenaissanceRe Consolidated Assets Total investments $ 225,266 $ 129,732 $ 31,255 $ 9,117,186 $ — $ 9,503,439 Cash and cash equivalents 14,656 139 1,469 1,345,328 — 1,361,592 Investments in subsidiaries 4,105,760 36,140 1,141,733 — (5,283,633 ) — Due from subsidiaries and affiliates 4,602 91,891 — — (96,493 ) — Premiums receivable — — — 1,304,622 — 1,304,622 Prepaid reinsurance premiums — — — 533,546 — 533,546 Reinsurance recoverable — — — 1,586,630 — 1,586,630 Accrued investment income 405 428 82 41,320 — 42,235 Deferred acquisition costs — — — 426,551 — 426,551 Receivable for investments sold 135 51 8 102,951 — 103,145 Other assets 433,468 21,342 430,481 76,703 (840,768 ) 121,226 Goodwill and other intangible assets 124,960 — — 118,185 — 243,145 Total assets $ 4,909,252 $ 279,723 $ 1,605,028 $ 14,653,022 $ (6,220,894 ) $ 15,226,131 Liabilities, Redeemable Noncontrolling Interest and Shareholders’ Equity Liabilities Reserve for claims and claim expenses $ — $ — $ — $ 5,080,408 $ — $ 5,080,408 Unearned premiums — — — 1,477,609 — 1,477,609 Debt 417,000 — 841,892 147,731 (417,000 ) 989,623 Amounts due to subsidiaries and affiliates 82,579 54 92,794 — (175,427 ) — Reinsurance balances payable — — — 989,090 — 989,090 Payable for investments purchased — — — 208,749 — 208,749 Other liabilities 18,298 1,053 14,117 764,432 (5,129 ) 792,771 Total liabilities 517,877 1,107 948,803 8,668,019 (597,556 ) 9,538,250 Redeemable noncontrolling interests — — — 1,296,506 — 1,296,506 Shareholders’ Equity Total shareholders’ equity 4,391,375 278,616 656,225 4,688,497 (5,623,338 ) 4,391,375 Total liabilities, redeemable noncontrolling interest and shareholders’ equity $ 4,909,252 $ 279,723 $ 1,605,028 $ 14,653,022 $ (6,220,894 ) $ 15,226,131 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Operations for RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ 429,385 $ — $ 429,385 Net investment income 5,927 577 1,206 71,257 (7,611 ) 71,356 Net foreign exchange losses (1 ) — — (10,686 ) — (10,687 ) Equity in earnings of other ventures — — 544 5,282 — 5,826 Other income — — — 1,225 — 1,225 Net realized and unrealized gains (losses) on investments 16 1,713 (67 ) (19,563 ) — (17,901 ) Total revenues 5,942 2,290 1,683 476,900 (7,611 ) 479,204 Expenses Net claims and claim expenses incurred — — — 60,167 — 60,167 Acquisition expenses — — — 105,052 — 105,052 Operational expenses 2,668 21 8,174 33,106 (6,426 ) 37,543 Corporate expenses 5,036 — 7 3,258 — 8,301 Interest expense 1,108 — 9,254 2,514 (1,108 ) 11,768 Total expenses 8,812 21 17,435 204,097 (7,534 ) 222,831 (Loss) income before equity in net income (loss) of subsidiaries and taxes (2,870 ) 2,269 (15,752 ) 272,803 (77 ) 256,373 Equity in net income (loss) of subsidiaries 202,525 716 21,152 — (224,393 ) — Income before taxes 199,655 2,985 5,400 272,803 (224,470 ) 256,373 Income tax (expense) benefit (2,271 ) (468 ) 2,022 (3,789 ) — (4,506 ) Net income 197,384 2,517 7,422 269,014 (224,470 ) 251,867 Net income attributable to redeemable noncontrolling interests — — — (54,483 ) — (54,483 ) Net income attributable to RenaissanceRe 197,384 2,517 7,422 214,531 (224,470 ) 197,384 Dividends on preference shares (5,596 ) — — — — (5,596 ) Net income available to RenaissanceRe common shareholders $ 191,788 $ 2,517 $ 7,422 $ 214,531 $ (224,470 ) $ 191,788 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Comprehensive Income for the three months ended June 30, 2018 RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income Net income $ 197,384 $ 2,517 $ 7,422 $ 269,014 $ (224,470 ) $ 251,867 Change in net unrealized gains on investments — — — (1,295 ) — (1,295 ) Comprehensive income 197,384 2,517 7,422 267,719 (224,470 ) 250,572 Net income attributable to redeemable noncontrolling interests — — — (54,483 ) — (54,483 ) Comprehensive income attributable to redeemable noncontrolling interests — — — (54,483 ) — (54,483 ) Comprehensive income available to RenaissanceRe $ 197,384 $ 2,517 $ 7,422 $ 213,236 $ (224,470 ) $ 196,089 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Operations for RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ 869,667 $ — $ 869,667 Net investment income 11,962 1,090 2,440 127,562 (15,222 ) 127,832 Net foreign exchange losses (4 ) — — (6,942 ) — (6,930 ) Equity in earnings of other ventures — — 1,755 4,928 — 6,683 Other loss — — — (17 ) — (17 ) Net realized and unrealized (losses) gains on investments (645 ) 427 (326 ) (99,501 ) — (100,045 ) Total revenues 11,313 1,517 3,869 895,697 (15,222 ) 897,190 Expenses Net claims and claim expenses incurred — — — 231,870 — 231,870 Acquisition expenses — — — 202,763 — 202,763 Operational expenses 3,981 31 19,244 71,039 (15,480 ) 78,815 Corporate expenses 8,720 — 7 6,307 — 15,034 Interest expense 2,216 — 18,506 5,029 (2,216 ) 23,535 Total expenses 14,917 31 37,757 517,008 (17,696 ) 552,017 (Loss) income before equity in net income of subsidiaries and taxes (3,604 ) 1,486 (33,888 ) 378,689 2,474 345,173 Equity in net income of subsidiaries 264,951 1,550 17,339 — (283,840 ) — Income (loss) before taxes 261,347 3,036 (16,549 ) 378,689 (281,366 ) 345,173 Income tax (expense) benefit (1,655 ) (247 ) 3,837 (3,034 ) — (1,099 ) Net income (loss) 259,692 2,789 (12,712 ) 375,655 (281,366 ) 344,074 Net income attributable to redeemable noncontrolling interests — — — (84,382 ) — (84,382 ) Net income (loss) attributable to RenaissanceRe 259,692 2,789 (12,712 ) 291,273 (281,366 ) 259,692 Dividends on preference shares (11,191 ) — — — — (11,191 ) Net income (loss) available (attributable) to RenaissanceRe common shareholders $ 248,501 $ 2,789 $ (12,712 ) $ 291,273 $ (281,366 ) $ 248,501 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Comprehensive Income (Loss) for the six months ended June 30, 2018 RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income (loss) Net income (loss) $ 259,692 $ 2,789 $ (12,712 ) $ 375,655 $ (281,366 ) $ 344,074 Change in net unrealized gains on investments — — — (1,325 ) — (1,325 ) Comprehensive income (loss) 259,692 2,789 (12,712 ) 374,330 (281,366 ) 342,749 Net income attributable to redeemable noncontrolling interests — — — (84,382 ) — (84,382 ) Comprehensive income attributable to noncontrolling interests — — — (84,382 ) — (84,382 ) Comprehensive income (loss) attributable to RenaissanceRe $ 259,692 $ 2,789 $ (12,712 ) $ 289,948 $ (281,366 ) $ 258,367 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor, Subsidiary Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Operations for RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ — $ 382,265 $ — $ 382,265 Net investment income 5,284 466 535 239 53,891 (6,252 ) 54,163 Net foreign exchange (losses) gains (1 ) — — — 3,110 — 3,109 Equity in (losses) earnings of other ventures — — — 302 5,241 — 5,543 Other income — — — — 2,392 — 2,392 Net realized and unrealized (losses) gains on investments (8 ) 1,421 191 (242 ) 56,751 — 58,113 Total revenues 5,275 1,887 726 299 503,650 (6,252 ) 505,585 Expenses Net claims and claim expenses incurred — — — — 142,587 — 142,587 Acquisition expenses — — — — 88,251 — 88,251 Operational expenses 3,190 16 35 6,647 36,402 (4,524 ) 41,766 Corporate expenses 4,798 — — — (162 ) — 4,636 Interest expense 141 — 985 6,601 2,505 (141 ) 10,091 Total expenses 8,129 16 1,020 13,248 269,583 (4,665 ) 287,331 (Loss) income before equity in net income of subsidiaries and taxes (2,854 ) 1,871 (294 ) (12,949 ) 234,067 (1,587 ) 218,254 Equity in net income of subsidiaries 178,746 1,220 18,185 20,438 — (218,589 ) — Income before taxes 175,892 3,091 17,891 7,489 234,067 (220,176 ) 218,254 Income tax benefit (expense) 846 (584 ) 104 2,902 (7,172 ) — (3,904 ) Net income 176,738 2,507 17,995 10,391 226,895 (220,176 ) 214,350 Net income attributable to redeemable noncontrolling interests — — — — (37,612 ) — (37,612 ) Net income attributable to RenaissanceRe 176,738 2,507 17,995 10,391 189,283 (220,176 ) 176,738 Dividends on preference shares (5,596 ) — — — — — (5,596 ) Net income available to RenaissanceRe common shareholders $ 171,142 $ 2,507 $ 17,995 $ 10,391 $ 189,283 $ (220,176 ) $ 171,142 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Comprehensive Income for the three months ended June 30, 2017 RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income Net income $ 176,738 $ 2,507 $ 17,995 $ 10,391 $ 226,895 $ (220,176 ) $ 214,350 Change in net unrealized gains on investments — — — — 219 — 219 Comprehensive income 176,738 2,507 17,995 10,391 227,114 (220,176 ) 214,569 Net income attributable to redeemable noncontrolling interests — — — — (37,612 ) — (37,612 ) Comprehensive income attributable to redeemable noncontrolling interests — — — — (37,612 ) — (37,612 ) Comprehensive income attributable to RenaissanceRe $ 176,738 $ 2,507 $ 17,995 $ 10,391 $ 189,502 $ (220,176 ) $ 176,957 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Operations for the six months ended June 30, 2017 RenaissanceRe RenRe North Inc. Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ — $ 748,310 $ — $ 748,310 Net investment income 10,741 892 1,376 508 107,474 (12,503 ) 108,488 Net foreign exchange (losses) gains (1 ) — — — 11,275 — 11,274 Equity in earnings of other ventures — — — (450 ) 4,486 — 4,036 Other (loss) income (1 ) — — — 4,058 — 4,057 Net realized and unrealized gains (losses) on investments 45 4,342 4,916 (268 ) 92,451 — 101,486 Total revenues 10,784 5,234 6,292 (210 ) 968,054 (12,503 ) 977,651 Expenses Net claims and claim expenses incurred — — — — 335,668 — 335,668 Acquisition expenses — — — — 171,533 — 171,533 Operational expenses 6,488 40 85 14,626 78,460 (10,650 ) 89,049 Corporate expenses 10,006 — — — (84 ) — 9,922 Interest expense 281 — 2,461 13,143 5,013 (281 ) 20,617 Total expenses 16,775 40 2,546 27,769 590,590 (10,931 ) 626,789 (Loss) income before equity in net income of subsidiaries and taxes (5,991 ) 5,194 3,746 (27,979 ) 377,464 (1,572 ) 350,862 Equity in net income of subsidiaries 280,099 2,306 28,028 36,936 — (347,369 ) — Income before taxes 274,108 7,500 31,774 8,957 377,464 (348,941 ) 350,862 Income tax benefit (expense) 577 (1,682 ) (1,204 ) 5,974 (7,903 ) — (4,238 ) Net income 274,685 5,818 30,570 14,931 369,561 (348,941 ) 346,624 Net income attributable to redeemable noncontrolling interests — — — — (71,939 ) — (71,939 ) Net income attributable to RenaissanceRe 274,685 5,818 30,570 14,931 297,622 (348,941 ) 274,685 Dividends on preference shares (11,191 ) — — — — — (11,191 ) Net income available to RenaissanceRe common shareholders $ 263,494 $ 5,818 $ 30,570 $ 14,931 $ 297,622 $ (348,941 ) $ 263,494 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Comprehensive Income for the six months ended June 30, 2017 RenaissanceRe RenRe North Inc. Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income Net income $ 274,685 $ 5,818 $ 30,570 $ 14,931 $ 369,561 $ (348,941 ) $ 346,624 Change in net unrealized gains on investments — — — — (1,272 ) — (1,272 ) Comprehensive income 274,685 5,818 30,570 14,931 368,289 (348,941 ) 345,352 Net income attributable to redeemable noncontrolling interests — — — — (71,939 ) — (71,939 ) Comprehensive income attributable to redeemable noncontrolling interests — — — — (71,939 ) — (71,939 ) Comprehensive income available to RenaissanceRe $ 274,685 $ 5,818 $ 30,570 $ 14,931 $ 296,350 $ (348,941 ) $ 273,413 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. (2) Includes Parent Guarantor and Subsidiary Issuer consolidating adjustments. Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2018 RenaissanceRe RenRe North RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Consolidated Cash flows (used in) provided by operating activities Net cash (used in) provided by operating activities $ (7,183 ) $ 1,213 $ (32,605 ) $ 387,686 $ 349,111 Cash flows (used in) provided by investing activities Proceeds from sales and maturities of fixed maturity investments trading 120,555 62,334 35,946 4,594,373 4,813,208 Purchases of fixed maturity investments trading (246,764 ) (46,047 ) (16,397 ) (4,704,803 ) (5,014,011 ) Net purchases of equity investments trading — (675 ) — (33,623 ) (34,298 ) Net sales (purchases) of short term investments 56,048 (154 ) (5,001 ) (1,113,315 ) (1,062,422 ) Net purchases of other investments — — — (111,921 ) (111,921 ) Net purchases of investments in other ventures — — — (20,952 ) (20,952 ) Return of investment from investments in other ventures — — — 8,464 8,464 Dividends and return of capital from subsidiaries 278,864 — — (278,864 ) — Contributions to subsidiaries (250,238 ) (16,848 ) — 267,086 — Due (from) to subsidiary (161,104 ) 50 21,333 139,721 — Net cash (used in) provided by investing activities (202,639 ) (1,340 ) 35,881 (1,253,834 ) (1,421,932 ) Cash flows provided by financing activities Dividends paid – RenaissanceRe common shares (26,468 ) — — — (26,468 ) Dividends paid – preference shares (11,191 ) — — — (11,191 ) Issuance of preference shares, net of expenses 242,371 — — — 242,371 Net third party redeemable noncontrolling interest share transactions — — — 64,534 64,534 Taxes paid on withholding shares (7,044 ) — — — (7,044 ) Net cash provided by financing activities 197,668 — — 64,534 262,202 Effect of exchange rate changes on foreign currency cash — — — (2,501 ) (2,501 ) Net (decrease) increase in cash and cash equivalents (12,154 ) (127 ) 3,276 (804,115 ) (813,120 ) Cash and cash equivalents, beginning of period 14,656 139 1,469 1,345,328 1,361,592 Cash and cash equivalents, end of period $ 2,502 $ 12 $ 4,745 $ 541,213 $ 548,472 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2017 RenaissanceRe RenRe North Inc. Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) RenaissanceRe Consolidated Cash flows (used in) provided by operating activities Net cash (used in) provided by operating activities $ (11,924 ) $ (8,931 ) $ (5,017 ) $ (27,713 ) $ 374,608 $ 321,023 Cash flows provided by (used in) investing activities Proceeds from sales and maturities of fixed maturity investments trading 53,654 46,475 289,741 15,449 4,758,653 5,163,972 Purchases of fixed maturity investments trading (105,523 ) (45,174 ) (143,991 ) (265,787 ) (4,890,887 ) (5,451,362 ) Net (purchases) sales of equity investments trading — (89 ) 85,324 — (38,930 ) 46,305 Net sales (purchases) of short term investments 298,768 (1,351 ) 41,299 (28,934 ) (33,707 ) 276,075 Net sales of other investments — — — — 2,551 2,551 Return of investment from investment in other ventures — — — — 20,000 20,000 Dividends and return of capital from subsidiaries 167,111 9,175 — 17,975 (194,261 ) — Contributions to subsidiaries (200,000 ) — — (9,175 ) 209,175 — Due (from) to subsidiaries (12,477 ) 9 (41 ) 1,278 11,231 — Net cash provided by (used in) investing activities 201,533 9,045 272,332 (269,194 ) (156,175 ) 57,541 Cash flows used in financing activities Dividends paid – RenaissanceRe common shares (25,877 ) — — — — (25,877 ) Dividends paid – preference shares (11,191 ) — — — — (11,191 ) RenaissanceRe common share repurchases (145,940 ) — — — — (145,940 ) Net repayment of debt — — (250,000 ) — — (250,000 ) Net issuance of debt — — — 295,866 — 295,866 Net third party redeemable noncontrolling interest share transactions — — — — (33,655 ) (33,655 ) Taxes paid on withholding shares (11,251 ) — — — — (11,251 ) Net cash used in financing activities (194,259 ) — (250,000 ) 295,866 (33,655 ) (182,048 ) Effect of exchange rate changes on foreign currency cash — — — — 5,477 5,477 Net (decrease) increase in cash and cash equivalents (4,650 ) 114 17,315 (1,041 ) 190,255 201,993 Cash and cash equivalents, beginning of period 7,067 162 6,671 9,397 397,860 421,157 Cash and cash equivalents, end of period $ 2,417 $ 276 $ 23,986 $ 8,356 $ 588,115 $ 623,150 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. |