v2.4.0.6
Ceded Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2013
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]  
Effect Of Reinsurance And Retrocessional Activity On Premiums Written And Earned And On Net Claims And Claim Expenses Incurred
The following tables set forth the effect of reinsurance and retrocessional activity on premiums written and earned and on net claims and claim expenses incurred:
 
 
 
 
 
 
 
 
Three months ended March 31,
 
 
 
2013
 
2012
 
 
Premiums written
 
 
 
 
 
Direct
$
10,317

 
$
8,463

 
 
Assumed
625,101

 
655,688

 
 
Ceded
(198,605
)
 
(171,576
)
 
 
Net premiums written
$
436,813

 
$
492,575

 
 
Premiums earned
 
 
 
 
 
Direct
$
9,873

 
$
7,787

 
 
Assumed
366,853

 
357,286

 
 
Ceded
(105,471
)
 
(86,408
)
 
 
Net premiums earned
$
271,255

 
$
278,665

 
 
Claims and claim expenses
 
 
 
 
 
Gross claims and claim expenses incurred
$
33,998

 
$
15,282

 
 
Claims and claim expenses recovered
(6,747
)
 
270

 
 
Net claims and claim expenses incurred
$
27,251

 
$
15,552