XML 39 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Reinsurance (Tables)
 9 Months Ended
Sep. 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
 
Nine months ended
 
 
 
September 30, 2015
 
September 30, 2014
 
September 30, 2015
 
September 30, 2014
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
31,781

 
$
20,481

 
$
96,934

 
$
54,043

 
 
Assumed
337,861

 
180,511

 
1,578,283

 
1,363,749

 
 
Ceded
(102,822
)
 
(41,279
)
 
(495,685
)
 
(461,325
)
 
 
Net premiums written
$
266,820

 
$
159,713

 
$
1,179,532

 
$
956,467

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
26,040

 
$
18,101

 
$
70,547

 
$
47,279

 
 
Assumed
456,957

 
354,142

 
1,307,932

 
1,090,129

 
 
Ceded
(120,609
)
 
(113,264
)
 
(339,503
)
 
(331,479
)
 
 
Net premiums earned
$
362,388

 
$
258,979

 
$
1,038,976

 
$
805,929

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
121,744

 
$
76,973

 
$
433,558

 
$
242,187

 
 
Claims and claim expenses recovered
(21,716
)
 
(7,326
)
 
(87,333
)
 
(32,237
)
 
 
Net claims and claim expenses incurred
$
100,028

 
$
69,647

 
$
346,225

 
$
209,950