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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule Of Underwriting Results For Operating Segments

 

Three Months Ended

 

Nine Months Ended

Reinsurance

September 30,

 

September 30,

(Dollars in thousands)

2021

 

2020

 

2021

 

2020

Gross written premiums

$

2,488,344

 

$

2,086,961

 

$

6,695,594

 

$

5,403,080

Net written premiums

 

2,292,957

 

 

1,936,851

 

 

6,265,825

 

 

4,974,034

 

 

 

 

 

 

 

 

 

 

 

 

Premiums earned

$

1,976,454

 

$

1,669,257

 

$

5,674,707

 

$

4,656,733

Incurred losses and LAE

 

1,766,197

 

 

1,335,048

 

 

4,206,243

 

 

3,361,367

Commission and brokerage

 

471,079

 

 

373,251

 

 

1,353,062

 

 

1,130,946

Other underwriting expenses

 

45,347

 

 

51,333

 

 

144,408

 

 

135,170

Underwriting gain (loss)

$

(306,170)

 

$

(90,375)

 

$

(29,006)

 

$

29,250

 

Three Months Ended

 

Nine Months Ended

Insurance

September 30,

 

September 30,

(Dollars in thousands)

2021

 

2020

 

2021

 

2020

Gross written premiums

$

1,009,264

 

$

704,643

 

$

2,923,587

 

$

2,328,733

Net written premiums

 

732,832

 

 

511,829

 

 

2,123,311

 

 

1,693,603

 

 

 

 

 

 

 

 

 

 

 

 

Premiums earned

$

679,949

 

$

536,554

 

$

1,927,933

 

$

1,628,297

Incurred losses and LAE

 

508,103

 

 

401,162

 

 

1,365,619

 

 

1,212,699

Commission and brokerage

 

93,256

 

 

72,081

 

 

258,033

 

 

229,224

Other underwriting expenses

 

95,802

 

 

87,542

 

 

279,817

 

 

250,695

Underwriting gain (loss)

$

(17,213)

 

$

(24,231)

 

$

24,465

 

$

(64,321)

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)

2021

 

2020

 

2021

 

2020

Underwriting gain (loss)

$

(323,383)

 

$

(114,606)

 

$

(4,541)

 

$

(35,071)

Net investment income

 

292,759

 

 

234,233

 

 

960,267

 

 

420,116

Net realized capital gains (losses)

 

(4,222)

 

 

110,203

 

 

138,789

 

 

84,263

Corporate expenses

 

(17,817)

 

 

(10,618)

 

 

(46,363)

 

 

(29,184)

Interest, fee and bond issue cost amortization expense

 

(15,539)

 

 

(6,641)

 

 

(46,785)

 

 

(21,477)

Other income (expense)

 

(19,517)

 

 

59,937

 

 

44,190

 

 

47,306

Income (loss) before taxes

$

(87,719)

 

$

272,508

 

$

1,045,557

 

$

465,953

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)

2021

 

2020

 

2021

 

2020

United Kingdom gross written premium

$

281,645

 

$

314,502

 

$

897,107

 

$

857,310