ACQUISITION OF VALIDUS - Schedule of Purchase Price (Details) - Validus - USD ($) $ / shares in Units, $ in Thousands |
Nov. 01, 2023 |
May 22, 2023 |
|---|---|---|
| Business Combination [Line Items] | ||
| Common shares issued by RenaissanceRe to AIG (in shares) | 1,322,541 | |
| Common share price of RenaissanceRe (in dollars per share) | $ 215.62 | |
| Market value of RenaissanceRe common shares issued by RenaissanceRe to AIG | $ 285,168 | $ 250,000 |
| Cash consideration funded by net proceeds from the issuance of common shares of RenaissanceRe to the public market | 1,351,608 | |
| Cash consideration funded by net proceeds from the issuance of Senior Notes | 740,581 | |
| Cash consideration funded by available cash resources | 642,811 | |
| Total cash consideration paid by RenaissanceRe as acquisition consideration | 2,735,000 | |
| Total purchase price | $ 3,020,168 | $ 2,985,000 |
| Business acquisition, share price ( in dollars per share) | $ 226.97 | $ 189.03 |
| Discount on closing price | 5.00% |
| X | ||||||||||
- Definition Business Acquisition, Closing Share Price, Discount No definition available.
|
| X | ||||||||||
- Definition Business Combination, Consideration Transferred, Available Cash Resources No definition available.
|
| X | ||||||||||
- Definition Business Combination, Consideration Transferred, Equity Interests Issued And Issuable, Share Price No definition available.
|
| X | ||||||||||
- Definition Business Combination, Consideration Transferred, Proceeds from Issuance of Common Stock No definition available.
|
| X | ||||||||||
- Definition Business Combination, Consideration Transferred, Proceeds From Issuance Of Senior Notes No definition available.
|
| X | ||||||||||
- Definition Number of shares of equity interest issued or issuable by acquirer as part of consideration transferred in business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Per share price of saleable stock paid or offered to be paid by acquirer in business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|