attributable to the acquisition of TMR principally included certain adjustments to recognize transaction related costs, align accounting policies, and amortize fair value adjustments, VOBA, and identifiable definite lived intangible assets, net of related tax impacts. Defined Benefit Pension Plan The RREAG group entities have a contributory defined benefit pension plan for certain employees, which was not material to RenaissanceRe’s results of operations, financial condition or cash flows for the year ended December 31, 2021. The plan offers mandatory benefits as prescribed by the applicable law, as well as voluntary benefits. These mandatory benefits include guarantees regarding the level of interest paid annually on accrued pension savings. The RREAG group entities and the members of the plan contribute a defined percentage of salary to the pension arrangement and credit accumulation is granted on these contributions. At retirement, the accumulated contributions are converted into a pension. A full independent actuarial valuation is prepared annually. At December 31, 2021, the net balance sheet liability was $4.3 million, comprising $19.4 million of projected benefit obligation and $15.2 million of plan assets at fair value (2020 - $6.4 million, $20.1 million and $13.6 million, respectively). NOTE 4. GOODWILL AND OTHER INTANGIBLE ASSETS The following tables show an analysis of goodwill and other intangible assets, net of foreign currency translation adjustments, included in goodwill and other intangible assets on the Company’s consolidated balance sheets: Goodwill and Other Intangible Assets At December 31, 2021 2020 Goodwill, net $ 210,920 $ 211,013 Other intangible assets, net 32,576 38,628 Total goodwill and other intangible assets $ 243,496 $ 249,641 Included in goodwill and other intangible assets on the Company’s consolidated balance sheet at December 31, 2021 was gross goodwill of $213.2 million (2020 - $213.3 million, 2019 - $213.0 million). Included in goodwill, net at December 31, 2021 was accumulated impairment losses of $2.3 million ( 2020 - $2.3 million). In addition, the Company has also recorded goodwill and other intangible assets included in investments in other ventures, under equity method on the Company’s consolidated balance sheets: Goodwill and Other Intangible Assets Included in Investments in Other Ventures, Under Equity Method At December 31, 2021 2020 Goodwill, net $ 9,903 $ 10,598 Other intangible assets, net 8,716 12,368 Total goodwill and other intangible assets $ 18,619 $ 22,966 Included in Investments and other ventures, under equity method on the Company’s consolidated balance sheet at December 31, 2021 was gross goodwill of $14.4 million ( 2020 - $15.1 million, 2019 - $15.1 million). Included in goodwill, net at December 31, 2021 was accumulated impairment losses of $4.5 million ( 2020 - $4.5 million). F-22