Year ended December 31, 2021 2020 2019 2018 2017 (in thousands, except share and per share data and percentages) Statements of Operations Data: Gross premiums written $ 7,833,798 $ 5,806,165 $ 4,807,750 $ 3,310,427 $ 2,797,540 Net premiums written 5,939,375 4,096,333 3,381,493 2,131,902 1,871,325 Net premiums earned 5,194,181 3,952,462 3,338,403 1,976,129 1,717,575 Net investment income 319,479 354,038 424,207 269,965 197,775 Net realized and unrealized gains (losses) on investments (218,134) 820,636 414,109 (183,168) 160,256 Net claims and claim expenses incurred 3,876,087 2,924,609 2,097,021 1,120,018 1,861,428 Acquisition expenses 1,214,858 897,677 762,232 432,989 346,892 Operational expenses 212,184 206,687 222,733 178,267 160,778 Underwriting income (loss) (108,948) (76,511) 256,417 244,855 (651,523) Net income (loss) (103,440) 993,058 950,267 268,917 (354,671) Net income (loss) available (attributable) to RenaissanceRe common shareholders (73,421) 731,482 712,042 197,276 (244,770) Net income (loss) available (attributable) to RenaissanceRe common shareholders per common share – diluted (1.57) 15.31 16.29 4.91 (6.15) Dividends per common share 1.44 1.40 1.36 1.32 1.28 Weighted average common shares outstanding – diluted 47,171 47,178 43,175 39,755 39,854 Return on average common equity (1.1) % 11.7 % 14.1 % 4.7 % (5.7) % Combined ratio 102.1 % 101.9 % 92.3 % 87.6 % 137.9 % At December 31, 2021 2020 2019 2018 2017 Balance Sheet Data: Total investments $ 21,442,659 $ 20,558,176 $ 17,368,789 $ 11,885,747 $ 9,503,439 Total assets 33,959,502 30,820,580 26,330,094 18,676,196 15,226,131 Reserve for claims and claim expenses 13,294,630 10,381,138 9,384,349 6,076,271 5,080,408 Unearned premiums 3,531,213 2,763,599 2,530,975 1,716,021 1,477,609 Debt 1,168,353 1,136,265 1,384,105 991,127 989,623 Capital leases 22,459 22,853 25,072 25,853 26,387 Preference shares 750,000 525,000 650,000 650,000 400,000 Total shareholders’ equity attributable to RenaissanceRe 6,624,281 7,560,248 5,971,367 5,045,080 4,391,375 Common shares outstanding 44,445 50,811 44,148 42,207 40,024 Book value per common share $ 132.17 $ 138.46 $ 120.53 $ 104.13 $ 99.72 Accumulated dividends 23.52 22.08 20.68 19.32 18.00 Book value per common share plus accumulated dividends $ 155.69 $ 160.54 $ 141.21 $ 123.45 $ 117.72 Change in book value per common share plus change in accumulated dividends (3.5) % 16.0 % 17.1 % 5.7 % (6.9) % 58