2020 Net Negative Impact The financial data in the table below provides additional information detailing the net negative impact of the 2020 Weather-Related Large Loss Events on our consolidated financial statements in 2020. Year ended December 31, 2020 Q3 2020 Weather- Related Catastrophe Events (1) Q4 2020 Weather- Related Catastrophe Events (2) 2020 Aggregate Losses (3) Total 2020 Weather- Related Large Loss Events (4) (in thousands) Net claims and claims expenses incurred $ (456,425) $ (129,394) $ (153,757) $ (739,576) Assumed reinstatement premiums earned 68,094 6,323 4,997 79,414 Ceded reinstatement premiums earned (4,019) (1,678) — (5,697) Earned (lost) profit commissions 837 2,774 (6,270) (2,659) Net negative impact on underwriting result (391,513) (121,975) (155,030) (668,518) Redeemable noncontrolling interest 92,823 36,811 45,270 174,904 Net negative impact on net income (loss) available (attributable) to RenaissanceRe common shareholders $ (298,690) $ (85,164) $ (109,760) $ (493,614) The financial data in the table below provides additional information detailing the net negative impact of the 2020 Weather-Related Large Loss Events on our segment underwriting results and consolidated combined ratio in 2020. Year ended December 31, 2020 Q3 2020 Weather- Related Catastrophe Events (1) Q4 2020 Weather- Related Catastrophe Events (2) 2020 Aggregate Losses (3) Total 2020 Weather- Related Large Loss Events (4) (in thousands, except percentages) Net negative impact on Property segment underwriting result $ (378,674) $ (118,150) $ (155,030) $ (651,854) Net negative impact on Casualty and Specialty segment underwriting result (12,839) (3,825) — (16,664) Net negative impact on underwriting result $ (391,513) $ (121,975) $ (155,030) $ (668,518) Percentage point impact on consolidated combined ratio 10.0 3.1 3.9 17.2 (1) “Q3 2020 Weather-Related Catastrophe Events” includes Hurricane Laura, Hurricane Sally, the third quarter 2020 wildfires in California, Oregon and Washington, other third quarter catastrophe events including the August 2020 derecho which impacted the U.S. Midwest, Hurricane Isaias, and Typhoon Maysak. (2) “Q4 2020 Weather-Related Catastrophe Events” includes Hurricanes Zeta, Delta, Hurricane Eta and wildfires on the West Coast of the United States during the fourth quarter of 2020. (3) “2020 Aggregate Losses” includes loss estimates associated with aggregate loss contracts triggered during 2020 primarily as a result of losses associated with the Q3 2020 Weather-Related Catastrophe Events and Q4 2020 Weather-Related Catastrophe Events. (4) “2020 Weather-Related Large Loss Events” includes the Q3 2020 Weather-Related Catastrophe Events, Q4 2020 Weather- Related Catastrophe Events and the aggregate losses in 2020 described in footnote (3). 76