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Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Derivative Instruments [Abstract]

Schedule of Location on Consolidated Balance Sheets and Fair Value Of Principal Derivative Instruments

The tables below show the gross and net amounts of recognized derivative assets and liabilities, including the location on the consolidated balance sheets and fair value of the Company’s principal derivative instruments:

		Derivative Assets
	At June 30, 2015	Gross Amounts of Recognized Assets				Gross Amounts Offset in the Balance Sheet				Net Amounts of Assets Presented in the Balance Sheet				Balance Sheet Location		Collateral				Net Amount
	Interest rate futures	$	849			743				$	106			Other assets		$	—			$	106
	Foreign currency forward contracts (1)	1,153				133				1,020				Other assets		—				1,020
	Foreign currency forward contracts (2)	803				157				646				Other assets		—				646
	Credit default swaps	274				135				139				Other assets		60				79
	Total	$	3,079			$	1,168			$	1,911					$	60			$	1,851
		Derivative Liabilities
	At June 30, 2015	Gross Amounts of Recognized Liabilities				Gross Amounts Offset in the Balance Sheet				Net Amounts of Liabilities Presented in the Balance Sheet				Balance Sheet Location		Collateral Pledged				Net Amount
	Interest rate futures	$	872			743				$	129			Other liabilities		$	129			$	—
	Foreign currency forward contracts (1)	6,589				1,017				5,572				Other liabilities		—				5,572
	Foreign currency forward contracts (2)	320				157				163				Other liabilities		—				163
	Credit default swaps	250				135				115				Other liabilities		—				115
	Weather contract	14				—				14				Other liabilities		14				—
	Total	$	8,045			$	2,052			$	5,993					$	143			$	5,850

(1) Contracts used to manage foreign currency risks in underwriting and non-investment operations.

(2) Contracts used to manage foreign currency risks in investment operations.

		Derivative Assets
	At December 31, 2014	Gross Amounts of Recognized Assets				Gross Amounts Offset in the Balance Sheet				Net Amounts of Assets Presented in the Balance Sheet				Balance Sheet Location		Collateral				Net Amount
	Interest rate futures	$	468			468				$	—			Other assets		$	—			$	—
	Foreign currency forward contracts (1)	5,740				1,737				4,003				Other assets		—				4,003
	Foreign currency forward contracts (2)	3,959				648				3,311				Other assets		—				3,311
	Credit default swaps	468				88				380				Other assets		310				70
	Total	$	10,635			$	2,941			$	7,694					$	310			$	7,384
		Derivative Liabilities
	At December 31, 2014	Gross Amounts of Recognized Liabilities				Gross Amounts Offset in the Balance Sheet				Net Amounts of Liabilities Presented in the Balance Sheet				Balance Sheet Location		Collateral Pledged				Net Amount
	Interest rate futures	$	1,037			468				$	569			Other liabilities		$	569			$	—
	Foreign currency forward contracts (1)	1,319				967				352				Other liabilities		—				352
	Foreign currency forward contracts (2)	724				649				75				Other liabilities		—				75
	Credit default swaps	251				88				163				Other liabilities		—				163
	Weather contract	190				—				190				Other liabilities		190				—
	Total	$	3,521			$	2,172			$	1,349					$	759			$	590

(1) Contracts used to manage foreign currency risks in underwriting and non-investment operations.

(2) Contracts used to manage foreign currency risks in investment operations.

Schedule of Gain (Loss) Recognized In Consolidated Statements Of Operations Related To Principal Derivative Instruments

The location and amount of the gain (loss) recognized in the Company’s consolidated statements of operations related to its principal derivative instruments are shown in the following table:

		Location of gain (loss) recognized on derivatives		Amount of gain (loss) recognized on derivatives
	Three months ended June 30,			2015				2014
	Interest rate futures	Net realized and unrealized (losses) gains on investments		$	19,784			$	(7,362	)
	Foreign currency forward contracts (1)	Net foreign exchange (losses) gains		(10,210		)		(1,990		)
	Foreign currency forward contracts (2)	Net foreign exchange (losses) gains		(3,417		)		58
	Credit default swaps	Net realized and unrealized (losses) gains on investments		22				299
	Weather contract	Net realized and unrealized (losses) gains on investments		10				179
	Call rights	Other income (loss)		—				2,220
	Total			$	6,189			$	(6,596	)

		Location of gain (loss) recognized on derivatives		Amount of gain (loss) recognized on derivatives
	Six months ended June 30,			2015				2014
	Interest rate futures	Net realized and unrealized (losses) gains on investments		$	15,376			$	(19,636	)
	Foreign currency forward contracts (1)	Net foreign exchange (losses) gains		(6,599		)		2,109
	Foreign currency forward contracts (2)	Net foreign exchange (losses) gains		5,793				(1,341		)
	Credit default swaps	Net realized and unrealized (losses) gains on investments		62				458
	Weather contract	Net realized and unrealized (losses) gains on investments		170				1,395
	Call rights	Other income (loss)		—				2,220
	Total			$	14,802			$	(14,795	)

(1) Contracts used to manage foreign currency risks in underwriting and non-investment operations.

(2) Contracts used to manage foreign currency risks in investment operations.

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



-Paragraph 4C



-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624171-113959



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



-Paragraph 4A



-Subparagraph (b)



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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



-Paragraph 4B



-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959

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