ORGANIZATION This report on Form 10-Q should be read in conjunction with the Company s Annual Report on Form 10-K ( Form 10-K ) for the fiscal year ended December 31, 2013 . RenaissanceRe Holdings Ltd. ( RenaissanceRe ) was formed under the laws of Bermuda on June 7, 1993. Together with its wholly owned and majority-owned subsidiaries and DaVinciRe (as defined below), which are collectively referred to herein as the  Company , RenaissanceRe provides reinsurance and insurance coverages and related services to a broad range of customers. " Renaissance Reinsurance Ltd. ( Renaissance Reinsurance ), the Company s principal reinsurance subsidiary, provides property catastrophe and specialty reinsurance coverages to insurers and reinsurers on a worldwide basis. " The Company also manages property catastrophe and specialty reinsurance business written on behalf of joint ventures, which principally include Top Layer Reinsurance Ltd. ( Top Layer Re ), recorded under the equity method of accounting, and DaVinci Reinsurance Ltd. ( DaVinci ). Because the Company owns a noncontrolling equity interest in, but controls a majority of the outstanding voting power of DaVinci s parent, DaVinciRe Holdings Ltd. ( DaVinciRe ), the results of DaVinci and DaVinciRe are consolidated in the Company s financial statements. Redeemable noncontrolling interest - DaVinciRe represents the interests of external parties with respect to the net income and shareholders  equity of DaVinciRe. Renaissance Underwriting Managers, Ltd. ( RUM ), a wholly owned subsidiary, acts as exclusive underwriting manager for these joint ventures in return for fee-based income and profit participation. " RenaissanceRe Syndicate 1458 ( Syndicate 1458 ) is the Company s Lloyd s syndicate. RenaissanceRe Corporate Capital (UK) Limited ( RenaissanceRe CCL ), a wholly owned subsidiary of RenaissanceRe, is Syndicate 1458 s sole corporate member and RenaissanceRe Syndicate Management Ltd. ( RSML ), a wholly owned subsidiary of RenaissanceRe, is the managing agent for Syndicat