The fol lowing is a summary of the Company’s gross premiums written allocated to the territory of coverage exposure: Year ended December 31, 2021 2020 2019 ro4ert= /.S. and Caribbean 2,257,088 1,683,538 1,368,205 Worldwide 1,188,737 889,917 643,744 urope 253,678 189,587 182,544 Japan 114,981 102,228 90,328 Worldwide (excluding /.S.) (1) 34,742 62,058 79,393 Australia and New 4ealand 69,188 40,243 32,203 Other 40,310 31,571 34,568 Total Property 3,958,724 2,999,142 2,430,985 Casualt= an) !4ecialt= Worldwide 1,746,450 1,315,386 935,626 /.S. and Caribbean 1,721,663 1,248,981 1,071,170 urope 217,721 121,369 227,178 Worldwide (excluding /.S.) (1) 108,376 56,225 25,291 Australia and New 4ealand 29,001 12,429 34,053 Other 51,863 52,633 83,447 Total Casualty and Specialty 3,875,074 2,807,023 2,376,765 Total gross premiums written 7,833,798 5,806,165 4,807,750 (1) The category “Worldwide (excluding /.S.)” consists of contracts that cover more than one geographic region (other than the /.S.) . NOTE 17. STOCK INCENTIVE COMPENSATION AND EMPLOYEE BENEFIT PLANS Stock Incentive Compensation Plans and Awards The Company is authorized to issue restricted stock awards, restricted stock units, performance share awards, stock options and other share-based awards to its employees and directors pursuant to various stock incentive compensation plans. On May 16, 2016, the Company’s shareholders approved the Company’s 2016 Long-Term Incentive Plan (the “2016 Long-Term Incentive Plan”). Pursuant to the 2016 Long-Term Incentive Plan, the Company is authorized to issue up to 1,625,000 common shares plus the number of shares that were subject to awards outstanding under the Company’s 2001 Stock Incentive Plan, as amended (the “2001 Stock Incentive Plan”) and the Company’s 2010 Performance-ased quity Incentive Plan, as amended (the “2010 Performance Plan”) as of the effective date of the 2016 Long-Term Incentive Plan that are forfeited, canceled, settled in cash, or otherwise terminated without delivery after the effective date. The 2016 Long-Term Incentive Plan permits the grant of restricted stock awards, restricted stock units, performance share awards (including cash-based performance awards), stock options and other share-based awards to employees, officers, non- employee directors and consultants or advisors of the Company and its affiliates. The 2001 Stock Incentive Plan, which permitted the grant of stock options, restricted stock awards and other share-based awards to employees of RenaissanceRe and its subsidiaries, expired in accordance with its terms on February 6, 2016 and no additional awards may be made under this plan. All awards made under the 2001 Stock Incentive Plan vested no later than March 1, 2020. The terms and conditions of outstanding awards granted under the 2001 Share Incentive Plan and the 2010 Performance Plan were not affected by the respective expiration and termination of these plans. In 2010, the Company instituted a cash settled restricted stock unit (“CSRS/”) plan, the 2010 Restricted Stock /nit Plan, which allowed for the issuance of equity awards in the form of CSRS/s. In November 2016, the 2010 Restricted Stock Plan was terminated and replaced with a new cash settled restricted stock unit plan, the 2016 Restricted Stock /nit Plan. The terms and conditions of CSRS/ awards outstanding F-77
