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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule Of Underwriting Results For Operating Segments

Reinsurance

Years Ended December 31,

(Dollars in thousands)

2020

 

2019

 

2018

Gross written premiums

$

7,281,716

 

$

6,355,889

 

$

6,224,601

Net written premiums

 

6,767,579

 

 

5,732,272

 

 

5,706,453

 

 

 

 

 

 

 

 

 

Premiums earned

$

6,466,106

 

$

5,491,296

 

$

5,293,071

Incurred losses and LAE

 

4,933,411

 

 

3,675,178

 

 

4,585,602

Commission and brokerage

 

1,552,371

 

 

1,400,247

 

 

1,251,581

Other underwriting expenses

 

175,734

 

 

160,834

 

 

142,874

Underwriting gain (loss)

$

(195,410)

 

$

255,037

 

$

(686,986)

Insurance

Years Ended December 31,

(Dollars in thousands)

2020

 

2019

 

2018

Gross written premiums

$

3,200,645

 

$

2,777,475

 

$

2,250,552

Net written premiums

 

2,349,404

 

 

2,092,152

 

 

1,707,975

 

 

 

 

 

 

 

 

 

Premiums earned

$

2,215,407

 

$

1,912,390

 

$

1,638,628

Incurred losses and LAE

 

1,617,426

 

 

1,247,720

 

 

1,065,801

Commission and brokerage

 

320,879

 

 

303,479

 

 

267,449

Other underwriting expenses

 

335,503

 

 

280,065

 

 

228,667

Underwriting gain (loss)

$

(58,401)

 

$

81,126

 

$

76,711

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

 

Years Ended December 31,

(Dollars in thousands)

2020

 

2019

 

2018

Underwriting gain (loss)

$

(253,811)

 

$

336,163

 

$

(610,275)

Net investment income

 

642,465

 

 

647,139

 

 

581,183

Net realized capital gains (losses)

 

267,649

 

 

185,004

 

 

(127,136)

Corporate expenses

 

(41,118)

 

 

(32,966)

 

 

(30,672)

Interest, fee and bond issue cost amortization expense

 

(36,323)

 

 

(31,693)

 

 

(31,031)

Other income (expense)

 

6,487

 

 

(4,660)

 

 

(24,251)

Income (loss) before taxes

$

585,349

 

$

1,098,987

 

$

(242,182)

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

 

Year Ended December 31,

(Dollars in thousands)

2020

 

2019

 

2018

United Kingdom gross written premium

$

1,116,363

 

$

964,358

 

$

914,612