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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule Of Underwriting Results For Operating Segments

	Three Months Ended						Nine Months Ended
U.S. Reinsurance	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
Gross written premiums	$	852,679		$	940,839		$	2,258,589		$	2,237,170
Net written premiums		754,477			845,743			1,931,024			1,957,877
Premiums earned	$	646,265		$	670,663		$	1,893,516		$	1,837,932
Incurred losses and LAE		380,960			440,070			1,052,789			1,494,916
Commission and brokerage		215,813			156,500			555,517			432,532
Other underwriting expenses		19,150			16,250			50,468			48,608
Underwriting gain (loss)	$	30,342		$	57,843		$	234,742		$	(138,124)

	Three Months Ended						Nine Months Ended
International	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
Gross written premiums	$	442,294		$	362,651		$	1,215,209		$	1,128,399
Net written premiums		407,897			348,785			1,141,319			1,049,249
Premiums earned	$	372,344		$	342,238		$	1,083,354		$	1,049,637
Incurred losses and LAE		411,011			310,400			878,118			738,830
Commission and brokerage		83,420			81,439			253,015			255,704
Other underwriting expenses		11,331			10,191			29,847			31,116
Underwriting gain (loss)	$	(133,418)		$	(59,792)		$	(77,626)		$	23,987

		Three Months Ended					Nine Months Ended
Bermuda	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
Gross written premiums	$	441,699		$	377,916		$	1,204,512		$	1,163,042
Net written premiums		421,339			358,758			1,140,609			1,108,962
Premiums earned	$	402,190		$	299,815		$	1,095,208		$	972,647
Incurred losses and LAE		258,650			211,718			674,994			591,328
Commission and brokerage		71,865			76,611			230,581			238,416
Other underwriting expenses		13,351			10,752			36,716			31,647
Underwriting gain (loss)	$	58,324		$	734		$	152,917		$	111,256

	Three Months Ended						Nine Months Ended
Insurance	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
Gross written premiums	$	666,602		$	517,258		$	2,018,727		$	1,668,181
Net written premiums		484,844			385,487			1,491,286			1,241,269
Premiums earned	$	484,820		$	418,763		$	1,383,537		$	1,220,508
Incurred losses and LAE		321,303			289,670			909,203			825,275
Commission and brokerage		71,978			66,851			214,387			195,790
Other underwriting expenses		74,326			60,749			204,945			175,954
Underwriting gain (loss)	$	17,213		$	1,493		$	55,002		$	23,489

Schedule Of Underwriting Results For Operating Segments To Income (Loss) Before Taxes

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
Underwriting gain (loss)	$	(27,539)		$	278		$	365,035		$	20,608
Net investment income		181,058			161,363			501,062			440,979
Net realized capital gains (losses)		(12,943)			54,804			109,561			45,679
Net derivative gain (loss)		(189)			2,225			3,395			5,485
Corporate expenses		(8,435)			(7,890)			(22,622)			(23,519)
Interest, fee and bond issue cost amortization expense		(7,907)			(7,901)			(23,972)			(23,047)
Other income (expense)		(31,025)			(13,408)			(52,550)			(2,948)
Income (loss) before taxes	$	93,020		$	189,471		$	879,909		$	463,237

Schedule Of Gross Written Premiums Derived From Largest Non-U.S. Market

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2019			2018			2019			2018
United Kingdom gross written premium	$	272,297		$	246,580		$	743,294		$	681,911

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