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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2014
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 table sets 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,
 
 
 
2014
 
2013
 
 
Premiums written
 
 
 
 
 
Direct
$
13,855

 
$
10,317

 
 
Assumed
691,405

 
625,101

 
 
Ceded
(254,913
)
 
(198,605
)
 
 
Net premiums written
$
450,347

 
$
436,813

 
 
Premiums earned
 
 
 
 
 
Direct
$
14,229

 
$
9,873

 
 
Assumed
385,598

 
366,853

 
 
Ceded
(113,293
)
 
(105,471
)
 
 
Net premiums earned
$
286,534

 
$
271,255

 
 
Claims and claim expenses
 
 
 
 
 
Gross claims and claim expenses incurred
$
68,150

 
$
33,998

 
 
Claims and claim expenses recovered
(9,235
)
 
(6,747
)
 
 
Net claims and claim expenses incurred
$
58,915

 
$
27,251