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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2015
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
 
Six months ended
 
 
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
34,340

 
$
19,707

 
$
65,153

 
$
33,562

 
 
Assumed
627,657

 
491,833

 
1,240,422

 
1,183,238

 
 
Ceded
(153,320
)
 
(165,133
)
 
(392,863
)
 
(420,046
)
 
 
Net premiums written
$
508,677

 
$
346,407

 
$
912,712

 
$
796,754

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
21,606

 
$
14,949

 
$
44,507

 
$
29,178

 
 
Assumed
468,372

 
350,389

 
850,975

 
735,987

 
 
Ceded
(110,150
)
 
(104,922
)
 
(218,894
)
 
(218,215
)
 
 
Net premiums earned
$
379,828

 
$
260,416

 
$
676,588

 
$
546,950

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
222,819

 
$
97,064

 
$
311,814

 
$
165,214

 
 
Claims and claim expenses recovered
(53,475
)
 
(15,676
)
 
(65,617
)
 
(24,911
)
 
 
Net claims and claim expenses incurred
$
169,344

 
$
81,388

 
$
246,197

 
$
140,303