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, 2016 and December 31, 2015 , condensed consolidating statements of operations and condensed consolidating statements of comprehensive income for the three and six months ended June 30, 2016 and 2015 , and condensed consolidating statements of cash flow for the six months ended June 30, 2016 and 2015 . Each of RenRe North America Holdings Inc., Platinum Underwriters Finance, Inc. and RenaissanceRe Finance is a 100% owned subsidiary of RenaissanceRe. For additional information related to the terms of the Company’s outstanding debt securities, see “Note 10. Debt and Credit Facilities in the Notes to Consolidated Financial Statements” in the Company’s Form 10-K for the year ended December 31, 2015 . Condensed Consolidating Balance Sheet at June 30, 2016 RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Assets Total investments $ 172,593 $ 123,921 $ 280,615 $ — $ 8,433,088 $ — $ 9,010,217 Cash and cash equivalents 2,382 35 1,893 614 450,597 — 455,521 Investments in subsidiaries 4,022,891 46,835 902,329 1,226,829 — (6,198,884 ) — Due from subsidiaries and affiliates 104,582 84,027 — — — (188,609 ) — Premiums receivable — — — — 1,332,667 — 1,332,667 Prepaid reinsurance premiums — — — — 533,092 — 533,092 Reinsurance recoverable — — — — 222,006 — 222,006 Accrued investment income 323 308 434 — 36,835 — 37,900 Deferred acquisition costs — — — — 331,152 — 331,152 Receivable for investments sold 32 1 14 — 203,118 — 203,165 Other assets 402,158 27,115 11,684 121,277 107,850 (509,211 ) 160,873 Goodwill and other intangible assets 133,736 — — — 124,434 — 258,170 Total assets $ 4,838,697 $ 282,242 $ 1,196,969 $ 1,348,720 $ 11,774,839 $ (6,896,704 ) $ 12,544,763 Liabilities, Noncontrolling Interests and Shareholders’ Equity Liabilities Reserve for claims and claim expenses $ — $ — $ — $ — $ 2,844,243 $ — $ 2,844,243 Unearned premiums — — — — 1,518,106 — 1,518,106 Debt 117,000 — 261,774 545,537 147,266 (117,000 ) 954,577 Amounts due to subsidiaries and affiliates 138 94 112 92,338 — (92,682 ) — Reinsurance balances payable — — — — 753,699 — 753,699 Payable for investments purchased — 57 85 — 432,784 — 432,926 Other liabilities 18,342 (359 ) 9,689 — 198,942 (11,022 ) 215,592 Total liabilities 135,480 (208 ) 271,660 637,875 5,895,040 (220,704 ) 6,719,143 Redeemable noncontrolling interests — — — — 1,122,403 — 1,122,403 Shareholders’ Equity Total shareholders’ equity 4,703,217 282,450 925,309 710,845 4,757,396 (6,676,000 ) 4,703,217 Total liabilities, noncontrolling interests and shareholders’ equity $ 4,838,697 $ 282,242 $ 1,196,969 $ 1,348,720 $ 11,774,839 $ (6,896,704 ) $ 12,544,763 (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, 2015 RenaissanceRe Holdings Ltd. (Parent Guarantor) RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) Consolidating Adjustments (2) RenaissanceRe Consolidated Assets Total investments $ 349,892 $ 127,087 $ 205,777 $ — $ 8,316,312 $ — $ 8,999,068 Cash and cash equivalents 10,185 5,908 7,103 677 483,012 — 506,885 Investments in subsidiaries 3,902,519 48,754 867,909 1,185,736 — (6,004,918 ) — Due from subsidiaries and affiliates 81,282 69,739 — — — (151,021 ) — Premiums receivable — — — — 778,009 — 778,009 Prepaid reinsurance premiums — — — — 230,671 — 230,671 Reinsurance recoverable — — — — 134,526 — 134,526 Accrued investment income 1,253 169 348 — 37,979 — 39,749 Deferred acquisition costs — — — — 199,380 — 199,380 Receivable for investments sold 26 1 68,537 — 152,270 — 220,834 Other assets 390,302 29,532 12,852 115,456 124,215 (491,346 ) 181,011 Goodwill and other intangible assets 137,064 — — — 128,090 — 265,154 Total assets $ 4,872,523 $ 281,190 $ 1,162,526 $ 1,301,869 $ 10,584,464 $ (6,647,285 ) $ 11,555,287 Liabilities, Redeemable Noncontrolling Interest and Shareholders’ Equity Liabilities Reserve for claims and claim expenses $ — $ — $ — $ — $ 2,767,045 $ — $ 2,767,045 Unearned premiums — — — — 889,102 — 889,102 Debt 117,000 — 268,196 545,187 147,112 (117,000 ) 960,495 Amounts due to subsidiaries and affiliates 2,641 202 204 68,204 — (71,251 ) — Reinsurance balances payable — — — — 523,974 — 523,974 Payable for investments purchased 999 6 25 — 390,348 — 391,378 Other liabilities 19,699 1,148 6,620 — 222,320 (4,642 ) 245,145 Total liabilities 140,339 1,356 275,045 613,391 4,939,901 (192,893 ) 5,777,139 Redeemable noncontrolling interests — — — — 1,045,964 — 1,045,964 Shareholders’ Equity Total shareholders’ equity 4,732,184 279,834 887,481 688,478 4,598,599 (6,454,392 ) 4,732,184 Total liabilities, redeemable noncontrolling interest and shareholders’ equity $ 4,872,523 $ 281,190 $ 1,162,526 $ 1,301,869 $ 10,584,464 $ (6,647,285 ) $ 11,555,287 (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 Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ — $ 351,402 $ — $ 351,402 Net investment income 5,749 445 846 141 52,826 (5,883 ) 54,124 Net foreign exchange losses (1 ) — — — (689 ) — (690 ) Equity in earnings of other ventures — — — — 6,022 — 6,022 Other (loss) income (791 ) — — — 3,445 — 2,654 Net realized and unrealized gains on investments 799 1,139 3,414 — 64,420 — 69,772 Total revenues 5,756 1,584 4,260 141 477,426 (5,883 ) 483,284 Expenses Net claims and claim expenses incurred — — — — 167,750 — 167,750 Acquisition expenses — — — — 69,005 — 69,005 Operational expenses (1,104 ) 44 64 4,573 50,352 (2,856 ) 51,073 Corporate expenses 5,181 203 — 7 361 — 5,752 Interest expense 141 — 1,477 6,544 2,515 (141 ) 10,536 Total expenses 4,218 247 1,541 11,124 289,983 (2,997 ) 304,116 Income (loss) before equity in net income of subsidiaries and taxes 1,538 1,337 2,719 (10,983 ) 187,443 (2,886 ) 179,168 Equity in net income of subsidiaries 141,677 1,666 12,086 17,165 — (172,594 ) — Income before taxes 143,215 3,003 14,805 6,182 187,443 (175,480 ) 179,168 Income tax (expense) benefit (1,294 ) (906 ) (838 ) 2,792 (6,366 ) — (6,612 ) Net income 141,921 2,097 13,967 8,974 181,077 (175,480 ) 172,556 Net income attributable to redeemable noncontrolling interests — — — — (30,635 ) — (30,635 ) Net income attributable to RenaissanceRe 141,921 2,097 13,967 8,974 150,442 (175,480 ) 141,921 Dividends on preference shares (5,596 ) — — — — — (5,596 ) Net income attributable to RenaissanceRe common shareholders $ 136,325 $ 2,097 $ 13,967 $ 8,974 $ 150,442 $ (175,480 ) $ 136,325 (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 (Loss) for the three months ended June 30, 2016 RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income (loss) Net income $ 141,921 $ 2,097 $ 13,967 $ 8,974 $ 181,077 $ (175,480 ) $ 172,556 Change in net unrealized gains on investments — — — — 672 — 672 Comprehensive income 141,921 2,097 13,967 8,974 181,749 (175,480 ) 173,228 Net income attributable to redeemable noncontrolling interests — — — — (30,635 ) — (30,635 ) Comprehensive income attributable to redeemable noncontrolling interests — — — — (30,635 ) — (30,635 ) Comprehensive income attributable to RenaissanceRe $ 141,921 $ 2,097 $ 13,967 $ 8,974 $ 151,114 $ (175,480 ) $ 142,593 (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 Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ — $ 705,008 $ — $ 705,008 Net investment income 12,607 954 2,279 281 78,632 (11,766 ) 82,987 Net foreign exchange losses (2 ) — — — (2,380 ) — (2,382 ) Equity in earnings of other ventures — — — — 7,633 — 7,633 Other (loss) income (791 ) — — — 7,524 — 6,733 Net realized and unrealized gains on investments 5,287 2,254 5,378 — 118,506 — 131,425 Total revenues 17,101 3,208 7,657 281 914,923 (11,766 ) 931,404 Expenses Net claims and claim expenses incurred — — — — 294,355 — 294,355 Acquisition expenses — — — — 134,597 — 134,597 Operational expenses (1,805 ) (97 ) 116 11,582 105,448 (7,936 ) 107,308 Corporate expenses 10,794 203 — 7 2,973 — 13,977 Interest expense 281 — 2,953 13,087 5,034 (281 ) 21,074 Total expenses 9,270 106 3,069 24,676 542,407 (8,217 ) 571,311 Income (loss) before equity in net income of subsidiaries and taxes 7,831 3,102 4,588 (24,395 ) 372,516 (3,549 ) 360,093 Equity in net income (loss) of subsidiaries 265,215 1,533 34,421 41,644 — (342,813 ) — Income before taxes 273,046 4,635 39,009 17,249 372,516 (346,362 ) 360,093 Income tax benefit (expense) 2,465 (1,467 ) (1,182 ) 5,671 (14,843 ) — (9,356 ) Net income 275,511 3,168 37,827 22,920 357,673 (346,362 ) 350,737 Net income attributable to redeemable noncontrolling interests — — — — (75,226 ) — (75,226 ) Net income attributable to RenaissanceRe 275,511 3,168 37,827 22,920 282,447 (346,362 ) 275,511 Dividends on preference shares (11,191 ) — — — — — (11,191 ) Net income attributable to RenaissanceRe common shareholders $ 264,320 $ 3,168 $ 37,827 $ 22,920 $ 282,447 $ (346,362 ) $ 264,320 (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 for the six months ended June 30, 2016 RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income Net income $ 275,511 $ 3,168 $ 37,827 $ 22,920 $ 357,673 $ (346,362 ) $ 350,737 Change in net unrealized gains on investments — — — — 229 — 229 Comprehensive income 275,511 3,168 37,827 22,920 357,902 (346,362 ) 350,966 Net income attributable to redeemable noncontrolling interests — — — — (75,226 ) — (75,226 ) Comprehensive income attributable to noncontrolling interests — — — — (75,226 ) — (75,226 ) Comprehensive income attributable to RenaissanceRe $ 275,511 $ 3,168 $ 37,827 $ 22,920 $ 282,676 $ (346,362 ) $ 275,740 (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 Holdings Ltd. (Parent Guarantor) RenRe North America Holdings Inc. (Subsidiary Issuer) Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) Consolidating Adjustments (2) RenaissanceRe Consolidated Revenues Net premiums earned $ — $ — $ — $ — $ 379,828 $ — $ 379,828 Net investment income 98 300 1,221 468 37,342 (825 ) 38,604 Net foreign exchange gains (losses) 12 — — — (1,752 ) — (1,740 ) Equity in earnings of other ventures — — — — 6,160 — 6,160 Other income 497 — — — 1,428 (498 ) 1,427 Net realized and unrealized (losses) gains on investments (535 ) 609 (1,389 ) — (25,397 ) — (26,712 ) Total revenues 72 909 (168 ) 468 397,609 (1,323 ) 397,567 Expenses — — Net claims and claim expenses incurred — — — — 169,344 — 169,344 Acquisition expenses — — — — 61,666 — 61,666 Operational expenses (368 ) 1,588 — — 53,460 (7 ) 54,673 Corporate expenses 7,351 212 — 84 5,221 — 12,868 Interest expense 468 3,557 1,477 2,784 2,044 (468 ) 9,862 Total expenses 7,451 5,357 1,477 2,868 291,735 (475 ) 308,413 (Loss) income before equity in net income of subsidiaries and taxes (7,379 ) (4,448 ) (1,645 ) (2,400 ) 105,874 (848 ) 89,154 Equity in net income of subsidiaries 84,472 2,132 8,716 4,613 — (99,933 ) — Income (loss) before taxes 77,093 (2,316 ) 7,071 2,213 105,874 (100,781 ) 89,154 Income tax benefit (expense) 1,736 1,743 (1,451 ) 888 (1,074 ) — 1,842 Net income (loss) 78,829 (573 ) 5,620 3,101 104,800 (100,781 ) 90,996 Net income attributable to redeemable noncontrolling interests — — — — (12,167 ) — (12,167 ) Net income (loss) attributable to RenaissanceRe 78,829 (573 ) 5,620 3,101 92,633 (100,781 ) 78,829 Dividends on preference shares (5,596 ) — — — — — (5,596 ) Net income (loss) available (attributable) to RenaissanceRe common shareholders $ 73,233 $ (573 ) $ 5,620 $ 3,101 $ 92,633 $ (100,781 ) $ 73,233 (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 (Loss) for the three months ended June 30, 2015 RenaissanceRe Holdings Ltd. (Parent Guarantor) RenRe Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Holdings Ltd. Subsidiaries and Eliminations (Non-guarantor Subsidiaries) (1) Consolidating Adjustments (2) RenaissanceRe Consolidated Comprehensive income (loss) Net income (loss) $ 78,829 $ (573 ) $ 5,620 $ 3,101 $ 104,800 $ (100,781 ) $ 90,996 Change in net unrealized gains on investments — — — — (349 ) — (349 ) Comprehensive income (loss) 78,829 (573 ) 5,620 3,101 104,451 (100,781 ) 90,647 Net income attributable to redeemable noncontrolling interests — — — — (12,167 ) — (12,167 ) Comprehensive income attributable to redeemable noncontrolling interests — — — — (12,167 ) — (12,167 ) Comprehensive income (loss) attributable to RenaissanceRe $ 78,829 $ (573 ) $ 5,620 $ 3,101 $ 92,284 $ (100,781 ) $ 78,480 (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 Inc. Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Revenues Net premiums earned $ — $ — $ — $ — $ 676,588 $ — $ 676,588 Net investment income 2,722 631 1,181 504 75,072 (1,799 ) 78,311 Net foreign exchange losses 2 — — — (4,872 ) — (4,870 ) Equity in earnings of other ventures — — — — 11,455 — 11,455 Other income 663 — — — 2,966 (663 ) 2,966 Net realized and unrealized (losses) gains on investments (496 ) 1,015 (1,388 ) — 15,906 — 15,037 Total revenues 2,891 1,646 (207 ) 504 777,115 (2,462 ) 779,487 Expenses Net claims and claim expenses incurred — — — — 246,197 — 246,197 Acquisition expenses — — — — 105,067 — 105,067 Operational expenses 3,441 3,478 1 — 93,380 (6 ) 100,294 Corporate expenses 31,837 251 — 84 26,229 — 58,401 Interest expense 763 7,233 1,969 3,006 2,711 (504 ) 15,178 Total expenses 36,041 10,962 1,970 3,090 473,584 (510 ) 525,137 (Loss) income before equity in net income of subsidiaries and taxes (33,150 ) (9,316 ) (2,177 ) (2,586 ) 303,531 (1,952 ) 254,350 Equity in net income of subsidiaries 285,417 5,548 10,126 48,515 — (349,606 ) — Income (loss) before taxes 252,267 (3,768 ) 7,949 45,929 303,531 (351,558 ) 254,350 Income tax benefit (expense) — 32,748 (2,146 ) 953 18,191 — 49,746 Net income 252,267 28,980 5,803 46,882 321,722 (351,558 ) 304,096 Net income attributable to redeemable noncontrolling interests — — — — (51,829 ) — (51,829 ) Net income (loss) attributable to RenaissanceRe 252,267 28,980 5,803 46,882 269,893 (351,558 ) 252,267 Dividends on preference shares (11,191 ) — — — — — (11,191 ) Net income available to RenaissanceRe common shareholders $ 241,076 $ 28,980 $ 5,803 $ 46,882 $ 269,893 $ (351,558 ) $ 241,076 (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, 2015 RenaissanceRe RenRe North Inc. Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other Consolidating RenaissanceRe Comprehensive income Net income $ 252,267 $ 28,980 $ 5,803 $ 46,882 $ 321,722 $ (351,558 ) $ 304,096 Change in net unrealized gains on investments — — — — (423 ) — (423 ) Comprehensive income 252,267 28,980 5,803 46,882 321,299 (351,558 ) 303,673 Net income attributable to redeemable noncontrolling interests — — — — (51,829 ) — (51,829 ) Comprehensive income attributable to redeemable noncontrolling interests — — — — (51,829 ) — (51,829 ) Comprehensive income attributable to RenaissanceRe $ 252,267 $ 28,980 $ 5,803 $ 46,882 $ 269,470 $ (351,558 ) $ 251,844 (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 RenaissanceRe RenRe North Platinum Underwriters Finance, Inc. (Subsidiary Issuer) RenaissanceRe Finance, Inc. (Subsidiary Issuer) Other RenaissanceRe Consolidated Cash flows (used in) provided by operating activities Net cash (used in) provided by operating activities $ (11,131 ) $ 297 $ (3,914 ) $ (24,197 ) $ 156,117 $ 117,172 Cash flows provided by (used in) investing activities Proceeds from sales and maturities of fixed maturity investments trading 210,933 50,890 67,839 — 4,450,744 4,780,406 Purchases of fixed maturity investments trading (324,462 ) (105,772 ) (203,883 ) — (4,350,703 ) (4,984,820 ) Proceeds from sales and maturities of fixed maturity investments available for sale — — — — 5,216 5,216 Net (purchases) sales of equity investments trading — (2,195 ) 193,207 — (9,378 ) 181,634 Net sales (purchases) of short term investments 195,915 62,403 (58,367 ) — 45,948 245,899 Net purchases of other investments — — — — (52,778 ) (52,778 ) Dividends and return of capital from subsidiaries 341,011 2,900 — — (343,911 ) — Contributions to subsidiaries (95,001 ) — — — 95,001 — Due (from) to subsidiary (22,676 ) (14,396 ) (92 ) 24,134 13,030 — Net cash provided by (used in) investing activities 305,720 (6,170 ) (1,296 ) 24,134 (146,831 ) 175,557 Cash flows used in financing activities Dividends paid – RenaissanceRe common shares (26,198 ) — — — — (26,198 ) Dividends paid – preference shares (11,191 ) — — — — (11,191 ) RenaissanceRe common share repurchases (265,003 ) — — — — (265,003 ) Net third party redeemable noncontrolling interest share transactions — — — — (43,909 ) (43,909 ) Net cash used in financing activities (302,392 ) — — — (43,909 ) (346,301 ) Effect of exchange rate changes on foreign currency cash — — — — 2,208 2,208 Net decrease in cash and cash equivalents (7,803 ) (5,873 ) (5,210 ) (63 ) (32,415 ) (51,364 ) Cash and cash equivalents, beginning of period 10,185 5,908 7,103 677 483,012 506,885 Cash and cash equivalents, end of period $ 2,382 $ 35 $ 1,893 $ 614 $ 450,597 $ 455,521 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2015 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 provided by (used in) operating activities Net cash provided by (used in) operating activities $ 59,434 $ (5,411 ) $ (10,030 ) $ (4,337 ) $ (69,026 ) $ (29,370 ) Cash flows (used in) provided by investing activities Proceeds from sales and maturities of fixed maturity investments trading 14,718 7,016 45,087 — 4,695,154 4,761,975 Purchases of fixed maturity investments trading (56,559 ) (38,668 ) — — (4,500,891 ) (4,596,118 ) Proceeds from sales and maturities of fixed maturity investments available for sale — — — — 5,000 5,000 Net sales (purchases) of equity investments trading — 33,687 (273,501 ) — 73,329 (166,485 ) Net (purchases) sales of short term investments (1,088 ) (5,848 ) 238,048 — 129,050 360,162 Net purchases of other investments — — — — (1,250 ) (1,250 ) Net purchases of investments in other ventures — — — — (45 ) (45 ) Net sales of other assets — — — — 4,500 4,500 Dividends and return of capital from subsidiaries 1,050,762 193,850 — — (1,244,612 ) — Contributions to subsidiaries (231,964 ) — — (180,000 ) 411,964 — Due to (from) subsidiaries 114,266 (183,513 ) (52 ) (114,839 ) 184,138 — Net purchase of Platinum (904,433 ) — 1,537 — 224,744 (678,152 ) Net cash (used in) provided by investing activities (14,298 ) 6,524 11,119 (294,839 ) (18,919 ) (310,413 ) Cash flows (used in) provided by financing activities Dividends paid – RenaissanceRe common shares (27,479 ) — — — — (27,479 ) Dividends paid – preference shares (11,191 ) — — — — (11,191 ) RenaissanceRe common share repurchases (736 ) — — — — (736 ) Net issuance of debt — — — 299,400 146,189 445,589 Net third party redeemable noncontrolling interest share transactions — — — — (187,064 ) (187,064 ) Net cash (used in) provided by financing activities (39,406 ) — — 299,400 (40,875 ) 219,119 Effect of exchange rate changes on foreign currency cash — — — — (6,830 ) (6,830 ) Net increase (decrease) in cash and cash equivalents 5,730 1,113 1,089 224 (135,650 ) (127,494 ) Cash and cash equivalents, beginning of period 5,986 1,033 — — 518,565 525,584 Cash and cash equivalents, end of period $ 11,716 $ 2,146 $ 1,089 $ 224 $ 382,915 $ 398,090 (1) Includes all other subsidiaries of RenaissanceRe Holdings Ltd. and eliminations. |