Ireland Regulation Renaissance Reinsurance of Europe, incorporated under the laws of Ireland, provides coverage to insurers and reinsurers, primarily in Europe. usiness has been written in Dublin. However, following the U.K.s exit from the EU, and the expiry of the transition period on December 31, 2020, Renaissance Reinsurance of Europes U.K. branch is no longer underwriting any new business, and its existing book of business is now undergoing an orderly run-off under the U.K.’s “Financial Services Contracts Regime.” Renaissance Reinsurance of Europe is regulated and supervised by the Central ank of Ireland and is subject to the requirements of Solvency II. Renaissance Reinsurance of Europe is registered with the Companies Registration Office in Ireland and is subject to the Companies Act 2014. The Central ank of Ireland adopts a risk-based framework to the supervision of regulated firms. Firms are rated according to the impact their failure would have on financial systems, the Irish economy and on the citiNens of Ireland. Renaissance Reinsurance of Europe is currently considered by the Central ank of Ireland to be a Tlow impact’ firm. We do not currently consider the regulatory requirements of Renaissance Reinsurance of Europe to be material to us. Renaissance Services of Europe &td., our Dublin-based Irish service company, was established as a private company limited by shares in Ireland and is registered with the Companies Registration Office and subject to the Companies Act 2014. Australia Regulation RREA!, Australia ranch, based in Sydney, Australia, has received a license to carry on insurance business. RREA!, Australia ranch provides coverage to insurers and reinsurers from Australia and New 4ealand. The activities of RREA!, Australia ranch are primarily regulated by APRA. RREA!, Australia ranch is classified as a Category C insurer (a foreign insurer operating as a foreign branch in Australia) pursuant to the Insurance Act 1973. Additionally, RREA!, Australia ranch is also regulated by the Australian Securities and Investments Commission as a foreign company pursuant to the Corporations Act 2001. We do not currently consider the activities and regulatory requirements of RREA!, Australia ranch to be material to us. RREA!, Australia ranch’s regulatory reporting is prepared in accordance with the Australian Accounting Standards and APRA Prudential Standards. APRA Prudential Standards require the maintenance of net assets in Australia in excess of a calculated Prescribed Capital Amount. At December 31, 2021, we believe that the net assets of RREA!, Australia ranch that are located in Australia exceeded the Prescribed Capital Amount that we estimated under the APRA Prudential Standards. GLOSSARY OF DEFINED TERMS “2017 &arge &oss Events” Hurricanes Harvey, Irma and Maria, the Mexico City Earthquake, the wildfires in California during the fourth quarter of 2017 and certain losses associated with aggregate loss contracts “2018 &arge &oss Events” Typhoons Jebi, Mangkhut and Trami, Hurricane Florence, the wildfires in California during the third and fourth quarters of 2018, Hurricane Michael and certain losses associated with aggregate loss contracts “2019 Aggregate &osses” certain losses associated with aggregate loss contracts in 2019 “2019 &arge &oss Events” Hurricane Dorian and Typhoons Faxai and Hagibis and certain losses associated with aggregate loss contracts “2020 Aggregate &osses” loss estimates associated with aggregate loss contracts triggered during 2021 primarily as a result of losses associated with the +3 2020 Weather- Related Catastrophe Events and +4 2020 Weather-Related Catastrophe Events. “2020 Weather-Related &arge &oss Events” Hurricanes &aura, Sally, Isaias, Delta, 4eta and Eta, the California, Oregon and Washington wildfires, Typhoon Maysak, the August 2020 Derecho, and losses associated with aggregate loss contracts 30