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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Fixed maturity investments trading, at fair value (Amortized cost $6,825,877 and $4,749,613 at December 31, 2015 and December 31, 2014, respectively) $ 6,765,005 $ 4,756,685
Fixed maturity investments available for sale, at fair value (Amortized cost $15,943 and $23,772 at December 31, 2015 and December 31, 2014, respectively) 17,813 26,885
Short term investments, at fair value 1,208,401 1,013,222
Equity investments trading, at fair value 393,877 322,098
Other investments, at fair value 481,621 504,147
Investments in other ventures, under equity method 132,351 120,713
Total investments 8,999,068 6,743,750
Cash and cash equivalents 506,885 525,584
Premiums receivable 778,009 440,007
Prepaid reinsurance premiums 230,671 94,810
Reinsurance recoverable 134,526 66,694
Accrued investment income 39,749 26,509
Deferred acquisition costs 199,380 110,059
Receivable for investments sold 220,834 52,390
Other assets 186,595 135,845
Goodwill and other intangible assets 265,154 7,902
Total assets 11,560,871 8,203,550
Liabilities    
Reserve for claims and claim expenses 2,767,045 1,412,510
Unearned premiums 889,102 512,386
Debt 966,079 249,522
Reinsurance balances payable 523,974 454,580
Payable for investments purchased 391,378 203,021
Other liabilities 245,145 374,108
Total liabilities $ 5,782,723 $ 3,206,127
Commitments and Contingencies
Redeemable noncontrolling interests $ 1,045,964 $ 1,131,708
Shareholders' Equity    
Preference shares: $1.00 par value – 16,000,000 shares issued and outstanding at December 31, 2015 (December 31, 2014 – 16,000,000) 400,000 400,000
Common shares: $1.00 par value – 43,701,064 shares issued and outstanding at December 31, 2015 (December 31, 2014 – 38,441,972) 43,701 38,442
Additional paid-in capital 507,674 0
Accumulated other comprehensive income 2,108 3,416
Retained earnings 3,778,701 3,423,857
Total shareholders’ equity 4,732,184 3,865,715
Total liabilities, noncontrolling interests and shareholders’ equity $ 11,560,871 $ 8,203,550