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Collateralized Reinsurance And Trust Agreements (Tables)
6 Months Ended
Jun. 30, 2021
Collateralized Reinsurance And Trust Agreements [Abstract]  
Premiums And Losses Ceded By The Company To Affiliate

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

Mt. Logan Re Segregated Accounts

 

 

2021

 

 

2020

 

 

2021

 

 

2020

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Ceded written premiums

 

$

56,183

 

$

48,522

 

$

155,293

 

$

158,710

Ceded earned premiums

 

 

71,422

 

 

71,143

 

 

149,529

 

 

161,693

Ceded losses and LAE

 

 

31,052

 

 

40,936

 

 

111,895

 

 

86,051

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed written premiums

 

 

2,741

 

 

2,795

 

 

5,217

 

 

5,554

Assumed earned premiums

 

 

2,741

 

 

2,795

 

 

5,217

 

 

5,554

Assumed losses and LAE

 

 

-

 

 

-

 

 

-

 

 

-

Summary of Collateralized Reinsurance Agreements

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Class

 

Description

 

Effective Date

 

Expiration Date

 

Limit

Series 2017-1 Class A-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/13/2017

 

4/13/2022

 

 

50,000

Series 2017-1 Class B-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/13/2017

 

4/13/2022

 

 

75,000

Series 2017-1 Class C-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/13/2017

 

4/13/2022

 

 

175,000

Series 2018-1 Class A-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/30/2018

 

5/6/2022

 

 

62,500

Series 2018-1 Class B-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/30/2018

 

5/6/2022

 

 

200,000

Series 2018-1 Class A-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/30/2018

 

5/5/2023

 

 

62,500

Series 2018-1 Class B-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/30/2018

 

5/5/2023

 

 

200,000

Series 2019-1 Class A-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

12/12/2019

 

12/19/2023

 

 

150,000

Series 2019-1 Class B-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

12/12/2019

 

12/19/2023

 

 

275,000

Series 2019-1 Class A-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

12/12/2019

 

12/19/2024

 

 

150,000

Series 2019-1 Class B-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

12/12/2019

 

12/19/2024

 

 

275,000

Series 2020-1 Class A-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/21/2025

 

 

150,000

Series 2020-1 Class B-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/21/2025

 

 

85,000

Series 2020-1 Class C-1

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/21/2025

 

 

85,000

Series 2020-1 Class A-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/20/2026

 

 

150,000

Series 2020-1 Class B-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/20/2026

 

 

90,000

Series 2020-1 Class C-2

 

US, Canada, Puerto Rico – Named Storm and Earthquake Events

 

4/8/2021

 

4/20/2026

 

 

90,000

 

 

Total available limit as of June 30, 2021

 

 

 

 

 

$

2,325,000

Schedule of Proceeds from Issuance of Notes Held in Reinsurance Trusts

(Dollars in thousands)

 

 

 

 

 

 

 

Note Series

 

Issue Date

 

Maturity Date

 

Amount

Series 2017-1 Class A-2

 

4/13/2017

 

4/13/2022

 

 

50,000

Series 2017-1 Class B-2

 

4/13/2017

 

4/13/2022

 

 

75,000

Series 2017-1 Class C-2

 

4/13/2017

 

4/13/2022

 

 

175,000

Series 2018-1 Class A-1

 

4/30/2018

 

5/6/2022

 

 

62,500

Series 2018-1 Class B-1

 

4/30/2018

 

5/6/2022

 

 

200,000

Series 2018-1 Class A-2

 

4/30/2018

 

5/5/2023

 

 

62,500

Series 2018-1 Class B-2

 

4/30/2018

 

5/5/2023

 

 

200,000

Series 2019-1 Class A-1

 

12/12/2019

 

12/19/2023

 

 

150,000

Series 2019-1 Class B-1

 

12/12/2019

 

12/19/2023

 

 

275,000

Series 2019-1 Class A-2

 

12/12/2019

 

12/19/2024

 

 

150,000

Series 2019-1 Class B-2

 

12/12/2019

 

12/19/2024

 

 

275,000

Series 2020-1 Class A-1

 

4/8/2021

 

4/21/2025

 

 

150,000

Series 2020-1 Class B-1

 

4/8/2021

 

4/21/2025

 

 

85,000

Series 2020-1 Class C-1

 

4/8/2021

 

4/21/2025

 

 

85,000

Series 2020-1 Class A-2

 

4/8/2021

 

4/20/2026

 

 

150,000

Series 2020-1 Class B-2

 

4/8/2021

 

4/20/2026

 

 

90,000

Series 2020-1 Class C-2

 

4/8/2021

 

4/20/2026

 

 

90,000