XML 39 R30.htm IDEA: XBRL DOCUMENT v3.22.2
Collateralized Reinsurance And Trust Agreements (Tables)
6 Months Ended
Jun. 30, 2022
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
2022
2021
2022
2021
(Dollars in thousands)
Ceded written premiums
$
31,805
$
56,183
$
82,044
$
155,293
Ceded earned premiums
41,068
71,422
91,511
149,529
Ceded losses and LAE
21,097
31,052
61,717
111,895
Assumed written premiums
580
2,741
1,373
5,217
Assumed earned premiums
580
2,741
1,373
5,217
Assumed losses and LAE
-
-
-
-
Summary of Collateralized Reinsurance Agreements
(Dollars in thousands)
Class
Description
Effective Date
Expiration Date
Limit
Coverage Basis
Series 2018-1 Class A-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/30/2018
5/5/2023
$
62,500
Aggregate
Series 2018-1 Class B-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/30/2018
5/5/2023
200,000
Aggregate
Series 2019-1 Class A-1
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
12/12/2019
12/19/2023
150,000
Occurrence
Series 2019-1 Class B-1
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
12/12/2019
12/19/2023
275,000
Aggregate
Series 2019-1 Class A-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
12/12/2019
12/19/2024
150,000
Occurrence
Series 2019-1 Class B-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
12/12/2019
12/19/2024
275,000
Aggregate
Series 2021-1 Class A-1
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/21/2025
150,000
Occurrence
Series 2021-1 Class B-1
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/21/2025
85,000
Aggregate
Series 2021-1 Class C-1
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/21/2025
85,000
Aggregate
Series 2021-1 Class A-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/20/2026
150,000
Occurrence
Series 2021-1 Class B-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/20/2026
90,000
Aggregate
Series 2021-1 Class C-2
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
4/8/2021
4/20/2026
90,000
Aggregate
Series 2022-1 Class A
US, Canada, Puerto Rico – Named Storm and Earthquake
 
Events
6/22/2022
6/22/2025
300,000
Aggregate
Total available limit as of
 
June 30, 2022
$
2,062,500
Schedule of Proceeds from Issuance of Notes Held in Reinsurance Trusts
(Dollars in thousands)
Note Series
Issue Date
Maturity Date
Amount
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 2021-1 Class A-1
4/8/2021
4/21/2025
150,000
Series 2021-1 Class B-1
4/8/2021
4/21/2025
85,000
Series 2021-1 Class C-1
4/8/2021
4/21/2025
85,000
Series 2021-1 Class A-2
4/8/2021
4/20/2026
150,000
Series 2021-1 Class B-2
4/8/2021
4/20/2026
90,000
Series 2021-1 Class C-2
4/8/2021
4/20/2026
90,000
Series 2022-1 Class A
6/22/2022
6/22/2025
300,000
$
2,062,500