Fair Value of Net Assets Acquired and Liabilities Assumed The purchase price was allocated to the acquired assets and liabilities of the Company based on estimated fair values on March 22, 2019, the date the transaction closed, as detailed below. During the quarter ended March 31, 2019, the Company recognized goodwill of 13.1 million, based on foreign exchange rates on March 22, 2019, attributable to the excess of the purchase price over the fair value of the net assets of TMR. The Company recognized identifiable finite lived intangible assets of 11.2 million, which will be amortized over a weighted average period of 10. years, identifiable indefinite lived intangible assets of 6.8 million, and certain other adjustments to the fair values of the assets acquired, liabilities assumed and shareholders’ equity of TMR at March 22, 2019, based on foreign exchange rates on March 22, 2019, as summarized in the table below: Shareholders’ equity of TMR at March 22, 2019  1,032,961 Adjustments for fair value, by applicable balance sheet caption: Net deferred acquisition costs and value of business acquired (6,88) Net reserve for claims and claim expenses 6,82 Goodwill and intangible assets at March 22, 2019 of TMR (6,69) Total adjustments for fair value by applicable balance sheet caption before tax impact 4,42 Other assets - net deferred tax liability related to fair value adjustments and value of business acquired (2,606) Total adjustments for fair value by applicable balance sheet caption, net of tax 1,819 Adjustments for fair value of the identifiable intangible assets: Identifiable indefinite lived intangible assets (insurance licenses) 6,800 Identifiable finite lived intangible assets (top broker relationships and renewal rights) 11,200 Identifiable intangible assets before tax impact 18,000 Other assets - deferred tax liability on identifiable intangible assets (2,281) Total adjustments for fair value of the identifiable intangible assets and value of business acquired, net of tax 1,19 Total adjustments for fair value by applicable balance sheet caption, identifiable intangible assets and value of business acquired, net of tax 1,38 Shareholders’ equity of TMR at fair value 1,00,499 Total net purchase price paid by RenaissanceRe 1,063,93 Excess purchase price over the fair value of net assets acquired assigned to goodwill  13,094 An explanation of the significant fair value adjustments and related future amortization is as follows: X Net deferred acquisition costs and 0OBA - to reflect the elimination of TMR’s net deferred acquisition costs, partially offset by the establishment of the value of business acquired asset, which represents the present value of the expected underwriting profit within the unearned premiums liability, net of reinsurance, less costs to service the related policies and a risk premium. The adjustment for 0OBA will be amortized to acquisition expenses over approximately two years, as the contracts for business in-force as of the acquisition date expire. 0OBA at March 22, 2019 was 28.6 million; X Reserve for claims and claim expenses - to reflect a decrease related to the present value of the net unpaid claims and claim expenses based on the estimated payout pattern, partially offset by an increase in net claims and claim expenses related to the estimated market based risk margin. The risk margin represents the estimated cost of capital required by a market participant to assume the net claims and claim expenses. This will be amortized using the projected discount and risk margin patterns of the net claims and claims expenses as of the acquisition date; X Identifiable indefinite lived and finite lived intangible assets - to establish the fair value of identifiable intangible assets related to the acquisition of TMR described in detail below; and F-19