RenaissanceRe Holdings Ltd. Contents. Page Basis of Presentation. i Financial Highlights

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2 Contents Page Basis of Presentation i Financial Highlights 1 Statements of Operations a. Summary Consolidated Statements of Operations b. Consolidated Segment Underwriting Results c. Segment Underwriting Results d. DaVinciRe Holdings Ltd. and Subsidiary Consolidated Statements of Operations Balance Sheets a. Summary Consolidated Balance Sheets 7 Investments a. Investment Portfolio - Composition b. Summary of Other Investments c. Investment Result d. Investment Portfolio - Effective Yield and Credit Rating e. Fixed Maturity and Short Term Investments - Corporate Top 10 Issuers by Fair Value Loss Reserve Analysis a. Reserves for Claims and Claim Expenses b. Paid to Incurred Analysis Other Items a. Fee Income (Loss) b. Earnings per Share c. Equity in Earnings of Other Ventures d. Other Income (Loss) e. Ratings Supplemental Information a. Gross Premiums Written b. Property Segment Supplemental Underwriting Results Comments on Regulation G 21

3 Basis of Presentation (the "Company" or "RenaissanceRe") is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. Established in 1993, the Company has offices in Bermuda, Ireland, Singapore, Switzerland, the United Kingdom and the United States. This financial supplement includes certain non-gaap financial measures including operating income (loss) available (attributable) to RenaissanceRe common shareholders, operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted, operating return on average common equity - annualized, tangible book value per common share, tangible book value per common share plus accumulated dividends" and managed catastrophe premium. A reconciliation of such measures to the most comparable GAAP figures in accordance with Regulation G is presented in the attached supplemental financial data. See pages 21 through 24 for Comments on Regulation G. Cautionary Statement under safe harbor provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this financial supplement contain information about the Company's future business prospects. These statements may be considered forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. For further information regarding cautionary statements and factors affecting future results, please refer to 's filings with the U.S. Securities and Exchange Commission, including its Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q. All information contained herein is unaudited. Unless otherwise noted, dollar amounts are in thousands, except for share and per share amounts and ratio information. Certain prior period comparatives have been reclassified to conform to the current presentation. This supplement is being provided for informational purposes only. It should be read in conjunction with documents filed by RenaissanceRe with the U.S. Securities and Exchange Commission, including its Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q. Please refer to the Company's website at for further information about RenaissanceRe. i

4 Financial Highlights Highlights Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operating expenses Underwriting (loss) income Net investment income Net realized and unrealized gains (losses) on investments investment result Net income (loss) available (attributable) to RenaissanceRe common shareholders Operating income (loss) available (attributable) to RenaissanceRe common shareholders (1) assets shareholders' equity attributable to RenaissanceRe Per share data Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted Operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share diluted (1) Dividends per common share Book value per common share Tangible book value per common share (1) Tangible book value per common share plus accumulated dividends (1) Change in tangible book value per common share plus change in accumulated dividends (1) Financial ratios Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio Return on average common equity - annualized Operating return on average common equity - annualized (1) investment return - annualized (1) 625, , , , ,761 40,593 (29,015) 80,696 13,630 94,326 Three months ended 977, , ,385 60, ,052 37, ,623 71,356 (17,901) 53,455 32,681 20,587 1,159, , , ,703 97,711 41, ,596 Nine months ended 407, , , ,064 98,598 29,192 (10,381) 56,476 (82,144) (25,668) 73,464 (7,716) 65, ,788 56, , , , , ,792 1,221,696 76,761 42,537 (793,202) 40,257 42,052 82,309 (3,452) 41,353 2,762,672 1,720,808 1,401, , , , ,204 2,389,774 1,583,102 1,296,102 1,557, , ,586 (641,142) 208,528 (86,415) 122, , , ,283 (504,812) 281,182 (241,318) (544,153) 365,427 (373,653) 17,096,394 4,886,521 17,023,378 4,860,061 15,922,202 4,436,253 15,226,131 4,391,375 15,044,924 4,403,012 17,096,394 4,886,521 15,044,924 4,403, (0.09) (12.75) 7.02 (6.04) (13.74) 9.15 (9.35) (12.0) 6.8 (7.3) 79.0 (1.8) (36.4) (7.1) (1.0) 81.0 (8.9) (0.3) (47.2) (50.8) (14.1) (0.2) (7.4) (11.4) 4.1 See Comments on Regulation G for a reconciliation of non-gaap financial measures. 1

5 Summary Consolidated Statements of Operations Three months ended Revenues Gross premiums written Net premiums written Decrease (increase) in unearned premiums Net premiums earned Net investment income Net foreign exchange (losses) gains Equity in earnings of other ventures Other income (loss) Net realized and unrealized gains (losses) on investments revenues Expenses Net claims and claim expenses incurred Acquisition expenses Operational expenses Corporate expenses Interest expense expenses Income (loss) before taxes Income tax (expense) benefit Net income (loss) Net (income) loss attributable to noncontrolling interests Net income (loss) attributable to RenaissanceRe Dividends on preference shares Net income (loss) available (attributable) to RenaissanceRe common shareholders 625, ,255 78, ,849 80,696 (4,566) 7, , , , ,761 40,593 6,841 11, ,474 50,280 (1,451) 48,829 (6,440) 42,389 (9,708) 977, ,509 (175,124) 429,385 71,356 (10,687) 5,826 1,225 (17,901) 479,204 1,159, ,044 (222,762) 440,282 56,476 3, (1,242) (82,144) 417,986 60, ,052 37,543 8,301 11, , ,373 (4,506) 251,867 (54,483) 197,384 (5,596) 171,703 97,711 41,272 6,733 11, ,186 88,800 3,407 92,207 (29,899) 62,308 (5,595) Nine months ended 640, ,221 64, ,792 40,257 (156) 1,794 2,996 42, ,735 2,762,672 1,720,808 (319,292) 1,401, ,528 (11,496) 14, (86,415) 1,526,944 2,389,774 1,583,102 (287,000) 1,296, ,745 11,118 5,830 7, ,538 1,612, ,064 98,598 29,192 4,237 11, ,868 43,425 (41,226) 2,199 (56) 2,143 (5,595) 1,221,696 76,761 42,537 4,413 11,799 1,357,206 (722,471) 18,977 (703,494) 204,277 (499,217) (5,595) 642, , ,408 21,875 35,304 1,131, ,453 (2,550) 392,903 (90,822) 302,081 (20,899) 1,557, , ,586 14,335 32,416 1,983,995 (371,609) 14,739 (356,870) 132,338 (224,532) (16,786) (504,812) 281, , , , ,473 73,464 (490) 2,200 2,362 (7,716) 491,293 32, ,788 56,713 (3,452) Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share - basic (0.09) (12.75) 7.02 (6.04) Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted (0.09) (12.75) 7.02 (6.04) Operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share diluted (1) (13.74) 9.15 (9.35) Return on average common equity - annualized Operating return on average common equity - annualized (1) (1) See Comments on Regulation G for a reconciliation of non-gaap financial measures (0.3) 4.2 (47.2) (50.8) (241,318) (7.4) (11.4)

6 Consolidated Segment Underwriting Results Three months ended Casualty and Specialty Property Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting (loss) income Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total 301, , , ,857 45,524 25,577 (43,899) 268,022 (2,165) 265, (0.8) Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio Other 324, , , ,671 64,238 14,976 14, ,904 (7,233) 144,671 (1) (18) (1) 40 (22) (18) (18) 63.6 (3.0) , , , , ,761 40,593 (29,015) 419,926 (9,416) 410, (1.8) Three months ended Casualty and Specialty Property Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting (loss) income 325, , ,838 1,044,418 17,514 25,123 (750,217) Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total 1,036,586 7,832 1,044,418 Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio Other 314, , , ,433 59,248 17,389 (43,109) 172,675 4, , (7) (7) (7) (155) (1) , , ,792 1,221,696 76,761 42,537 (793,202) (155) (155) 1,209,261 12,435 1,221,

7 Consolidated Segment Underwriting Results Nine months ended Casualty and Specialty Property Other Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting income (loss) 1,561, , , , ,095 75, ,023 1,201, , , , ,429 43,121 30,448 Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total 395,067 (172,872) 222, (23.9) Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio 444,293 (24,020) 420,273 (1) (88) 354 (267) (88) (88) 65.4 (3.5) ,762,672 1,720,808 1,401, , , , , ,360 (196,980) 642, (14.1) Nine months ended Property Casualty and Specialty Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting (loss) income 1,345, , ,024 1,116,273 75,117 76,841 (552,207) 1,044, , , , ,179 54,708 (89,603) Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total 1,133,241 (16,968) 1,116,273 Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio (2.4) Other 427,786 14, , (7) (7) (7) (710) (2) ,389,774 1,583,102 1,296,102 1,557, , ,586 (641,142) (710) (710) 1,561,027 (3,663) 1,557, (0.2)

8 Segment Underwriting Results Three months ended Property Segment Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting (loss) income Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio 301, , , ,857 45,524 25,577 (43,899) 268,022 (2,165) 265, , , ,138 (74,269) 40,850 23, ,747 68,876 (143,145) (74,269) 33.7 (70.1) (36.4) 31.7 (4.7) 91.5 (0.8) , , ,049 30,607 40,721 26, ,175 58,169 (27,562) 30, (12.2) ,166 82, , ,712 38,699 17,353 (22,718) 210,340 (28,628) 181, (13.3) , , ,838 1,044,418 17,514 25,123 (750,217) 1,036,586 7,832 1,044, Three months ended Casualty and Specialty Segment Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting income (loss) Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio 324, , , ,671 64,238 14,976 14, ,904 (7,233) 144, (3.0) , , , ,524 64,201 13,552 12, ,520 (12,996) 134, (5.8) , , , ,078 56,990 14,593 2, ,869 (3,791) 141, (1.8) , , , ,225 59,898 11,840 11, ,057 (7,832) 123, (3.8) , , , ,433 59,248 17,389 (43,109) 172,675 4, ,

9 DaVinciRe Holdings Ltd. and Subsidiary Consolidated Statements of Operations Three months ended Nine months ended 5,145 68, , ,041 2,832 63, , ,660 Revenues Gross premiums written 53, , ,664 Net premiums written 50, , ,996 Decrease (increase) in unearned premiums 39,717 (68,497) (52,623) 60,210 41,278 (81,403) (57,460) Net premiums earned 90,711 54,577 64,373 63, , , ,200 Net investment income 12,327 11,111 10,078 9,488 8,334 33,516 24,155 Net foreign exchange gains (losses) Other income (70) (66) Net realized and unrealized (losses) gains on investments (3,517) (6,853) (16,832) (10,641) revenues 99,862 58,954 58,125 61, , ,941 (27,202) 251,337 4,796 72,818 (39,479) 4,592 61, ,669 37, ,243 9,284 22,616 16,007 7,518 (53,773) 47,907 (20,356) 11,560 8,721 8, ,441 28,690 19,996 Expenses Net claims and claim expenses incurred Acquisition expenses Operational and corporate expenses Interest expense 1,859 1,858 1,858 1,859 1,859 5,575 5,575 expenses 95,521 (6,284) 30,866 71, , , ,458 4,341 65,238 27,259 (9,721) (256,680) 96,838 (168,121) Income (loss) before taxes Income tax benefit (expense) Net income (loss) available (attributable) to DaVinciRe common shareholders 448 4,789 Net claims and claim expenses incurred - current accident year 74,632 Net claims and claim expenses incurred - prior accident years (1,814) Net claims and claim expenses incurred - total 72,818 (747) (368) (157) 1,164 (667) 64,491 26,891 (9,878) (255,516) 68,096 9,867 (49,346) (39,479) 7,943 (3,351) 4,592 (6,652) 61, ,466 2, , ,171 (167,253) 92,442 (54,511) 37, ,865 (15,622) 414,243 Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years (2.0) (90.4) (5.2) (10.5) 2.1 (26.0) (7.0) Net claims and claim expense ratio - calendar year 80.3 (72.3) Underwriting expense ratio (45.2) 36.5 (0.2) (14.9) Combined ratio 6

10 Summary Consolidated Balance Sheets Assets Fixed maturity investments trading, at fair value Short term investments, at fair value Equity investments trading, at fair value Other investments, at fair value Investments in other ventures, under equity method investments Cash and cash equivalents Premiums receivable Prepaid reinsurance premiums Reinsurance recoverable Accrued investment income Deferred acquisition costs Receivable for investments sold Other assets Goodwill and other intangibles assets Liabilities, Noncontrolling Interests and Shareholders' Equity Liabilities Reserve for claims and claim expenses Unearned premiums Debt Reinsurance balances payable Payable for investments purchased Other liabilities liabilities Redeemable noncontrolling interest Shareholders' Equity Preference shares Common shares Additional paid-in capital Accumulated other comprehensive (loss) income Retained earnings shareholders' equity attributable to RenaissanceRe liabilities, noncontrolling interests and shareholders' equity Book value per common share 7 7,814,779 2,461, , , ,307 11,545, ,041 1,787, ,496 1,204,059 46, , , , ,803 17,096,394 7,420,778 2,031, , , ,935 10,710, ,472 1,959, ,501 1,454,991 44, , , , ,187 17,023,378 7,404,761 1,616, , , ,232 10,221, ,973 1,684, ,921 1,572,321 43, , , , ,572 15,922,202 7,426, , , , ,974 9,503,439 1,361,592 1,304, ,546 1,586,630 42, , , , ,145 15,226,131 4,952,498 2,058, ,749 1,970, , ,328 10,675,895 1,533,978 4,702,345 2,267, ,371 2,085, , ,100 10,669,889 1,493,428 4,912,727 1,961, ,995 1,758, , ,505 10,060,585 1,425,364 5,080,408 1,477, , , , ,771 9,538,250 1,296,506 7,092,969 1,497, , , ,420 9,642, ,576 1,521, ,756 1,588,304 38, , , , ,787 15,044,924 5,192,313 1,713, ,245 1,034, , ,559 9,608,183 1,033, , , ,000 40,266 40,263 40,246 42,395 35,094 38,552 (1,483) (1,101) 194 4,155,343 4,135,805 3,957,261 4,886,521 4,860,061 4,436,253 17,096,394 17,023,378 15,922, ,000 40,024 37, ,913,772 4,391,375 15,226, ,000 40,029 32, ,929,970 4,403,012 15,044,

11 Investment Portfolio - Composition Type of Investment U.S. treasuries 3,117, ,968, ,834, ,168, ,956, Agencies 143, , , , , Municipal 7, , , , , Non-U.S. government (Sovereign debt) 254, , , , , Non-U.S. government-backed corporate 137, , , , , ,448, ,280, ,147, ,063, ,028, Agency mortgage-backed 836, , , , , Non-agency mortgage-backed 289, , , , , Commercial mortgage-backed 257, , , , , Corporate Asset-backed fixed maturity investments, at fair value Short term investments, at fair value Equity investments trading, at fair value 315, , , , ,420, ,404, ,426, ,092, ,461, ,031, ,616, , ,497, , , , , , , , , , , ,598, ,101, ,401, ,540, , , , , ,642, ,307 Investments in other ventures, under equity method investments ,428,384 Other investments, at fair value managed investment portfolio 321,892 7,814,779 11,545, ,710, ,221, ,503,439 Credit Quality of Fixed Maturity Investments AAA AA A BBB Non-investment grade and not rated fixed maturity investments, at fair value 732, , , ,496, ,181, ,204, , ,341, , ,073, , , , , , , , , , , ,074, ,075, ,046, ,008, , ,092, ,814, ,420, ,404, ,426,555 Maturity Profile of Fixed Maturity Investments Due in less than one year 367, ,694, ,421, ,324, ,521, ,324, Due after five through ten years 1,020, , ,064, ,007, ,001, , , , , , ,383, ,310, ,193, ,002, ,061, , , , , , ,092, Due after ten years Mortgage-backed securities Asset-backed securities fixed maturity investments, at fair value 301,817 Due after one through five years 7,814, , ,420, , ,404, , ,426, Weighted average yield to maturity of fixed maturity and short term investments Average duration of fixed maturities and short term investments

12 Summary of Other Investments Type of Investment Catastrophe bonds Private equity partnerships Senior secured bank loan funds Hedge funds other investments, at fair value 525, ,121 17,057 11, ,919 Type of Investment Catastrophe bonds Private equity partnerships Senior secured bank loan funds Hedge funds other investments, at fair value , ,200 14,414 11, , , ,067 13,771 12, , , ,220 17, , , ,280 19, ,

13 Investment Result Three months ended Fixed maturity investments Short term investments Equity investments trading Other investments Private equity investments Other Cash and cash equivalents Investment expenses Net investment income Gross realized gains Gross realized losses Net realized (losses) gains on fixed maturity investments Net unrealized (losses) gains on fixed maturity investments trading Net realized and unrealized gains (losses) on investments-related derivatives Net realized gains on equity investments trading Net unrealized gains (losses) on equity investments trading Net realized and unrealized gains (losses) on investments investment result investment return - annualized 55,725 9, ,416 7,633 1,490 45,643 5, Nine months ended 151,784 22,340 3, ,080 7,476 2,630 46,544 3, ,305 2, ,723 8,665 1,104 84,523 (3,827) 80,696 3,860 10,658 1,039 75,096 (3,740) 71,356 (434) 8, ,799 (3,323) 56,476 13,215 12, ,310 (3,846) 73,464 6,371 (11,491) ,238 (3,981) 40,257 12,149 27,346 2, ,418 (10,890) 208,528 20,784 (4,520) ,286 (11,541) 148,745 5,229 (15,327) 5,133 (26,519) 4,583 (25,853) 6,068 (8,930) 16,343 (6,126) 14,945 (67,699) 43,053 (29,902) (10,098) (21,386) (21,270) (2,862) 10,217 (52,754) 13,151 (8,730) (9,420) (55,372) (40,461) 5,545 (73,522) 48,940 2,563 21,259 1, (4,364) 234 1,854 30,291 (4,020) 13,675 (763) 21,841 (4,344) 49,736 8,636 11,519 (1,372) 3,462 16,635 18,783 36,055 (7,716) 65,748 42,052 82,309 13,630 94, (17,901) 53, (82,144) (25,668) (1.0) (86,415) 122, , ,

14 Investment Portfolio - Effective Yield and Credit Rating Credit Rating (1) Short term investments Fixed maturity investments U.S. treasuries Agencies Fannie Mae and Freddie Mac Other agencies agencies Municipal Non-U.S. government (Sovereign debt) Non-U.S. government-backed corporate Corporate Mortgage-backed Residential mortgage-backed Agency securities Non-agency securities - Alt A Non-agency securities - Prime residential mortgage-backed Commercial mortgage-backed mortgage-backed Asset-backed Collateralized loan obligations Credit cards Auto loans Student loans Other asset-backed securitized assets fixed maturity investments Equity investments trading Other investments Catastrophe bonds Private equity partnerships Senior secured bank loan funds Hedge funds other investments Investments in other ventures investment portfolio (1) Amortized Cost Fair Value of Investment Portfolio Weighted Average Yield to Maturity AAA AA A BBB Not Rated 2,461,415 2,461, ,397, ,164,220 3,117, ,117,911 98,606 46, ,093 6, , ,485 2,473,932 97,886 46, ,980 7, , ,512 2,448, ,180 45,416 43,488 97,886 46, ,980 1,054 51,851 57, ,897 4,555 19,117 34, , ,614 1, , , , ,170 50,587 1,129, ,910 1,390, , ,460 53,189 1,126, ,434 1,383, ,448 6,346 15, , , ,376 9,833 3, ,491 45, ,228 2,670 1,496 4,166 1,192 5,358 10,031 2,385 12,416 8,647 21, ,869 26, , ,334 22,609 13,215 35,824 1,494 37, ,727 18,073 18,394 2,246 8, ,662 1,713,596 7,901, ,356 17,990 18,153 2,236 8, ,892 1,705,351 7,814, , ,423 17,990 18,153 2,236 4, , , , ,056 49, ,284 4,496, ,671 1,671 7, , ,126 1,943 24,069 45, , , ,121 17,057 11, , , ,545, , NonInvestment Grade 208, , , , ,129,707 4,557, , ,459 1,521, ,044 38,362 78, , ,121 17,057 11, , , , The credit ratings included in this table are those assigned by Standard & Poor s Corporation ("S&P"). When ratings provided by S&P were not available, ratings from other nationally recognized rating agencies were used. The Company has grouped short term investments with an A-1+ and A-1 short term issue credit rating as AAA, short term investments with an A-2 short term issue credit rating as AA and short term investments with an A-3 short term issue credit rating as A. 11

15 Fixed Maturity and Short Term Investments - Corporate Top 10 Issuers by Fair Value Issuer Goldman Sachs Group Inc. JP Morgan Chase & Co. Bank of America Corp. Morgan Stanley Wells Fargo & Co. HSBC Holdings PLC Citigroup Inc. UBS Group AG Sumitomo Mitsui Financial Group Mitsubishi UFJ Financial Group (1) (1) 56,112 49,222 47,359 46,520 38,565 35,984 26,999 26,692 23,851 23, ,322 Excludes non-u.s. government-backed corporate fixed maturity investments, reverse repurchase agreements and commercial paper, at fair value. 12 Short term investments Fixed maturity investments 56,112 49,222 47,359 46,520 38,565 35,984 26,999 26,692 23,851 23, ,322

16 Reserves for Claims and Claim Expenses Additional Case Reserves Case Reserves Property Casualty and Specialty Other Property Casualty and Specialty Other Property Casualty and Specialty Other Property Casualty and Specialty Other Property Casualty and Specialty Other , ,732 3,240 1,387, , ,149 4,433 1,386, , ,809 4,999 1,447, , ,962 6,605 1,392, , ,328 9, ,103 IBNR 744, , , , , , , , , , ,923 1,021, , , , ,220 1,940,244 3,108 2,717, ,642 1,871,468 4,495 2,444, ,209 1,801,361 8,269 2,496, ,583 1,760,607 11,921 2,666,111 1,917,573 1,734,475 14,649 3,666,697 2,129,543 2,816,607 6,348 4,952,498 1,966,734 2,726,683 8,928 4,702,345 2,238,909 2,660,550 13,268 4,912,727 2,486,390 2,575,492 18,526 5,080,408 2,645,202 2,522,558 24,553 5,192,313

17 Paid to Incurred Analysis Three months ended Reserve for claims and claim expenses, beginning of period Incurred claims and claim expenses Current year Prior years incurred claims and claim expenses Paid claims and claim expenses Current year Prior years paid claims and claim expenses Foreign exchange Reserve for claims and claim expenses, end of period Reserve for claims and claim expenses, beginning of period Incurred claims and claim expenses Current year Prior years incurred claims and claim expenses Paid claims and claim expenses Current year Prior years paid claims and claim expenses Foreign exchange Reserve for claims and claim expenses, end of period Three months ended Gross Recoveries Net Gross 4,702,345 1,454,991 3,247,354 2,989,806 Recoveries Net 370,586 2,619,220 2,460,842 21,668 2,482,510 1,251,581 9,233 1,260,814 1,209,261 12,435 1,221,696 31,346 7,173 24, , , ,117 (119,098) 145, , ,290 (94,925) 293,286 (4,355) (5) (4,350) 13,283 4,952,498 1,204,059 3,748,439 5,192,313 8,869 34,252 43, ,588, , , ,165 13,258 3,604, ,637 (1,764) 514,873 96,711 7, , ,926 (9,416) 410,510 Nine months ended Nine months ended Gross Recoveries Net Gross 5,080,408 1,586,630 3,493,778 2,848,294 1,067,071 (249,511) 817, ,711 (52,531) 175, ,360 (196,980) 642,380 2,926,525 (2,308) 2,924,217 59,378 11,303 48, , , , , , , , , ,314 (12,960) (8) (12,952) 33,116 4,952,498 1,204,059 3,748,439 5,192, Recoveries 279,564 1,365,498 1,355 1,366,853 10,972 47,246 58, ,588,304 Net 2,568,730 1,561,027 (3,663) 1,557, , , ,096 33,011 3,604,009

18 Fee Income (Loss) The table below reflects the total fee income (loss) earned through third-party capital management as well as various joint ventures and certain structured retrocession agreements to which the Company is a party. Joint ventures include DaVinciRe Holdings Ltd. ("DaVinciRe"), Top Layer Reinsurance Ltd. ("Top Layer Re") and certain entities investing in Langhorne Holdings LLC. Managed funds include RenaissanceRe Upsilon Fund Ltd. and RenaissanceRe Medici Fund Ltd. Structured reinsurance products include Fibonacci Reinsurance Ltd., as well as certain other reinsurance contracts which transfer risk to capital. Three months ended Nine months ended Year ended Management fee income Joint ventures 9,265 7,125 6, ,960 22,759 14,935 15,358 19,919 20,686 23,881 Managed funds 3,260 2,745 2, ,411 2,945 3,659 2,381 2,638 3,473 Structured reinsurance products 8,530 7,958 8,611 8,944 6,664 25,099 22,232 31,177 28,643 24,894 30,876 management fee income 21,055 17,828 17,386 10,080 12,594 56,269 40,112 50,194 50,943 48,218 58, ,869 4, (4,105) 11,900 8,584 9,429 19,429 21,988 27,189 Performance fee income (loss) Joint ventures 2,539 1, (971) 4, ,758 3,204 5,553 Structured reinsurance products (1,568) 6,802 3,366 1,185 (15,390) 8,600 3,533 4,719 30,231 26,226 42,746 performance fee income (loss) (1) 1,824 14,846 8,322 2,175 (20,466) 24,992 12,170 14,345 51,418 51,418 75,488 Managed funds fee income (loss) (1) 22,879 32,674 25,708 12,255 (7,872) 81,261 52,282 64, ,361 99, ,718 Performance fees are based on the performance of the individual vehicles and/or product, and could be negative in any given quarter when large losses occur, which can result in the reversal of previously accrued performance fees. 15

19 Earnings per Share Three months ended (common shares in thousands) Numerator: Net income (loss) available (attributable) to RenaissanceRe common shareholders Amount allocated to participating common shareholders (1) Denominator: Denominator for basic income (loss) per RenaissanceRe common share Weighted average common shares Per common share equivalents of employee stock options and restricted shares Denominator for diluted income (loss) per RenaissanceRe common share Adjusted weighted average common shares and assumed conversions Basic income (loss) per RenaissanceRe common share Diluted income (loss) per RenaissanceRe common share 32,681 (294) 32, ,788 (2,174) 189,614 56,713 (546) 56,167 (3,452) (504,812) (113) (116) (3,565) (504,928) 39,624 39,641 39,552 39,478 39, ,637 39,654 39,599 39,478 39, (0.09) (0.09) (12.75) (12.75) Nine months ended (common shares in thousands) Numerator: Net income (loss) available (attributable) to RenaissanceRe common shareholders Amount allocated to participating common shareholders (1) Denominator: Denominator for basic income per RenaissanceRe common share Weighted average common shares Per common share equivalents of employee stock options and restricted shares Denominator for diluted income per RenaissanceRe common share Adjusted weighted average common shares and assumed conversions Basic income (loss) per RenaissanceRe common share Diluted income (loss) per RenaissanceRe common share (1) 281,182 (241,318) (2,977) (344) 278,205 (241,662) 39,606 39, ,627 39, (6.04) (6.04) Represents earnings attributable to holders of unvested restricted shares issued pursuant to the Company's 2001 Stock Incentive Plan, 2010 Performance-Based Equity Incentive Plan, 2016 Long-Term Incentive Plan and to the Company's non-employee directors. 16

20 Equity in Earnings of Other Ventures Three months ended Tower Hill Companies Top Layer Re Other equity in earnings of other ventures 4,629 2, ,648 4,555 1,999 (728) 5,826 Nine months ended (910) 2,033 (266) 857 (412) 1, ,200 (383) 2,722 (545) 1,794 8,274 6,202 (145) 14,331 (1,235) 7,864 (799) 5,830 Other Income (Loss) Three months ended Assumed and ceded reinsurance contracts accounted for at fair value or as deposits Other items other income (loss) 543 (46) , Nine months ended (1,523) 281 (1,242) 1,230 1,132 2,362 2, ,996 (193) ,425 (372) 7,053

21 Ratings A.M. Best S&P Moody's Fitch Renaissance Reinsurance (1) DaVinci (1) Renaissance Reinsurance U.S. (1) RenaissanceRe Specialty U.S. (1) Renaissance Reinsurance of Europe (1) Top Layer Re (1) A+ A A+ A+ A+ A+ A+ A+ A+ A+ A+ AA A1 A3 A+ Syndicate 1458 Lloyd's Overall Market Rating (2) A A+ AA- Very Strong Very Strong RenaissanceRe (3) (1) The A.M. Best, S&P, Moody's and Fitch ratings for the companies set forth in the table above reflect the insurer's financial strength rating and, in addition to the insurer's financial strength rating, the S&P ratings reflect the insurer's issuer credit rating. (2) The A.M. Best, S&P and Fitch ratings for the Lloyd's Overall Market Rating represent Syndicate 1458's financial strength rating. (3) The A.M. Best rating for RenaissanceRe refers to the Enterprise Risk Management ("ERM") A.M. Best score within A.M. Best s credit ratings methodology. The S&P rating for RenaissanceRe represents the rating on its ERM practices. 18

22 Gross Premiums Written Three months ended Property Segment Catastrophe Other property Property segment gross premiums written Casualty and Specialty Segment General casualty (1) Professional liability (2) Financial lines (3) Other (4) Casualty and Specialty segment gross premiums written 212,330 89, ,413 97, ,264 Nine months ended 590, , ,968 35,012 60,154 95, ,514 81, ,395 1,240, ,621 1,561,008 1,069, ,833 1,345, , , , ,648 97,811 88,215 85, , ,113 93,267 75,678 80, ,075 83,157 31, , ,482 66,186 40, , , , ,881 1,201, ,536 69,253 46, , , , , , , , ,290 1,044,510 (1) Includes automobile liability, casualty clash, employer s liability, umbrella or excess casualty, workers compensation and general liability (2) Includes directors and officers, medical malpractice, and professional indemnity. (3) Includes financial guaranty, mortgage guaranty, political risk, surety and trade credit. (4) Includes accident and health, agriculture, aviation, cyber, energy, marine, satellite and terrorism. Lines of business such as regional multi-line and whole account may have characteristics of various other classes of business, and are allocated accordingly. 19

23 Property Segment Supplemental Underwriting Results Three months ended Catastrophe Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting loss Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio Other Property 212, , , ,652 20,771 20,896 (24,059) 194,282 (1,630) 192,652 89,083 85,436 82,799 73,205 24,753 4,681 (19,840) 73,740 (535) 73, (0.7) (0.8) Three months ended Catastrophe 301, , , ,857 45,524 25,577 (43,899) 268,022 (2,165) 265, (0.8) Other Property Gross premiums written Net premiums written Net premiums earned Net claims and claim expenses incurred Acquisition expenses Operational expenses Underwriting income (loss) 1,240, , ,310 89,903 54,785 62, ,709 Net claims and claim expenses incurred - current accident year Net claims and claim expenses incurred - prior accident years Net claims and claim expenses incurred - total Net claims and claim expense ratio - current accident year Net claims and claim expense ratio - prior accident years Net claims and claim expense ratio - calendar year Underwriting expense ratio Combined ratio 237,788 (147,885) 89, (31.0) ,526 9, , Nine months ended Catastrophe Other Property 243, , , ,989 (2,861) 20,685 (668,323) Catastrophe 1,069, , , ,139 18,141 63,122 (469,100) 157,279 (24,987) 132, (23.9) ,036,586 7,832 1,044,418 Other Property 1,561, , , , ,095 75, , (10.2) ,060 (1,631) 113, (2.9) , , , ,292 72,310 13,020 27, , , ,838 1,044,418 17,514 25,123 (750,217) Nine months ended 395,067 (172,872) 222,195 81,881 74,843 56, ,429 20,375 4,438 (81,894) 962,528 (24,389) 938, (4.4) , , , ,134 56,976 13,719 (83,107) 1,345, , ,024 1,116,273 75,117 76,841 (552,207) 170,713 7, ,134 1,133,241 (16,968) 1,116, (2.4)

24 Comments on Regulation G In addition to the GAAP financial measures set forth in this Financial Supplement, the Company has included certain non-gaap financial measures within the meaning of Regulation G. The Company has consistently provided these financial measures in previous investor communications and the Company's management believes that these measures are important to investors and other interested persons, and that investors and such other persons benefit from having a consistent basis for comparison between quarters and for comparison with other companies within the industry. These measures may not, however, be comparable to similarly titled measures used by companies outside of the insurance industry. Investors are cautioned not to place undue reliance on these non-gaap measures in assessing the Company's overall financial performance. The Company uses operating income (loss) available (attributable) to RenaissanceRe common shareholders as a measure to evaluate the underlying fundamentals of its operations and believes it to be a useful measure of its corporate performance. Operating income (loss) available (attributable) to RenaissanceRe common shareholders as used herein differs from net income (loss) available (attributable) to RenaissanceRe common shareholders, which the Company believes is the most directly comparable GAAP measure, by the exclusion of net realized and unrealized gains and losses on investments, and the associated income tax expense or benefit, and the exclusion of the write-down of a portion of the Company's deferred tax asset as a result of the reduction in the U.S. corporate tax rate from 35 to 21 effective January 1, pursuant to the Tax Cuts and Jobs Act of (the "Tax Bill"), which was enacted on December 22,. The Company's management believes that operating income (loss) available (attributable) to RenaissanceRe common shareholders is useful to investors because it more accurately measures and predicts the Company's results of operations by removing the variability arising from fluctuations in the Company's fixed maturity investment portfolio, equity investments trading and investments-related derivatives, the associated income tax expense or benefit of those fluctuations, and the non-recurring impact of the write-down of a portion of the Company's deferred tax assets as a result of the Tax Bill. The Company also uses operating income (loss) available (attributable) to RenaissanceRe common shareholders to calculate operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted and operating return on average common equity - annualized. The following is a reconciliation of: 1) net income (loss) available (attributable) to RenaissanceRe common shareholders to operating income (loss) available (attributable) to RenaissanceRe common shareholders; 2) net income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted to operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted; and 3) return on average common equity - annualized to operating return on average common equity annualized: 21

25 Three months ended Net income (loss) available (attributable) to RenaissanceRe common shareholders Adjustment for net realized and unrealized (gains) losses on investments 32,681 (13,630) Adjustment for deferred tax asset write-down (1) Adjustment for income tax expense (benefit) (2) 1, ,788 17,901 (58) 56,713 Nine months ended 135,209 Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share - diluted Operating income (loss) available (attributable) to RenaissanceRe common shareholders per common share diluted Return on average common equity - annualized (143,538) 41,353 (0.09) (373,653) (12.75) , , (2,170) (544,153) 2.07 (0.09) 86,415 (42,052) 2, , (241,318) 384 Adjustment for income tax expense (benefit) (2) 281,182 36,705 20,587 Adjustment for deferred tax asset write-down (1) (504,812) (3,648) ,716 (0.34) 82,144 Operating income (loss) available (attributable) to RenaissanceRe common shareholders Adjustment for net realized and unrealized (gains) losses on investments (3,452) (1.06) (13.74) (3.59) (0.05) 9.15 (6.04) 0.28 (9.35) (0.3) (47.2) 9.1 (7.4) (1.3) (3.9) 2.8 (4.3) Adjustment for deferred tax asset write-down (1) 3.7 Adjustment for income tax expense (benefit) (2) 0.1 (0.4) 0.3 (0.1) (50.8) 11.8 (11.4) Adjustment for net realized and unrealized (gains) losses on investments Operating return on average common equity - annualized (1) Adjustment for deferred tax asset write-down represents the write-down of a portion of the Company's deferred tax asset as a result of the reduction in the U.S. corporate tax rate from 35 to 21 effective January 1, pursuant to the Tax Bill, which was enacted on December 22,. (2) Adjustment for income tax expense (benefit) represents the income tax expense (benefit) associated with the adjustment for net realized and unrealized (gains) losses on investments. The income tax impact is estimated by applying the statutory rates of applicable jurisdictions, after consideration of other relevant factors. 22

26 Comments on Regulation G The Company has included in this Financial Supplement tangible book value per common share and tangible book value per common share plus accumulated dividends. Tangible book value per common share is defined as book value per common share excluding goodwill and intangible assets per share. Tangible book value per common share plus accumulated dividends is defined as book value per common share excluding goodwill and intangible assets per share, plus accumulated dividends. The Company's management believes tangible book value per common share and tangible book value per common share plus accumulated dividends are useful to investors because they provide a more accurate measure of the realizable value of shareholder returns, excluding the impact of goodwill and intangible assets. The following is a reconciliation of book value per common share to tangible book value per common share and tangible book value per common share plus accumulated dividends: At Book value per common share Adjustment for goodwill and other intangibles (1) Tangible book value per common share Adjustment for accumulated dividends Tangible book value per common share plus accumulated dividends Quarterly change in book value per common share Quarterly change in tangible book value per common share plus change in accumulated dividends Year to date change in book value per common share Year to date change in tangible book value per common share plus change in accumulated dividends (1) (6.63) (6.69) (6.66) (6.55) (6.49) (0.3) (11.6) (8.0) (12.0) (7.8) (7.2) (7.3) At,,, and, goodwill and other intangibles included 28.4 million, 29.1 million, 26.3 million, 16.7 million and 17.4 million, respectively, of goodwill and other intangibles included in investments in other ventures, under equity method. 23

27 Comments on Regulation G From time to time, the Company discusses managed catastrophe premiums which is defined as gross catastrophe premiums written by the Company and its related joint ventures. Managed catastrophe premiums differs from Property segment gross premiums written, which the Company believes is the most directly comparable GAAP measure, due to the exclusion of other property gross premiums written and the inclusion of catastrophe premiums written on behalf of the Company's joint venture Top Layer Re, which is accounted for under the equity method of accounting. The Company's management believes managed catastrophe premiums is useful to investors and other interested parties because it provides a measure of total catastrophe premiums assumed by the Company through its consolidated subsidiaries and related joint ventures. A reconciliation of managed catastrophe premiums to Property segment gross premiums written is included below: Three months ended Property Segment Catastrophe Other property Property segment gross premiums written Managed Catastrophe Premiums Property segment gross premiums written Other property gross premiums written Catastrophe gross premiums written Catastrophe premiums written on behalf of the Company's joint venture, Top Layer Re Managed catastrophe premiums 1,240, ,621 1,561,008 1,069, ,833 1,345, , , , ,968 (89,083) (114,907) (116,631) 212, , , ,805 26, , , , , ,330 89,083 1,475 13, ,997 Nine months ended 437, , ,627 35,012 60,154 95,166 95,166 (60,154) 35,012 1,540 36, ,514 81, , ,395 1,561,008 1,345,271 (81,881) (320,621) (275,833) 243,514 1,240,387 1,069,438 1, ,024 41,162 1,281,549 40,232 1,109,670