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Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2016

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 March 31, 2016	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	$	1,451			1,320				$	131			Other assets		$	—			$	131
	Foreign currency forward contracts (1)	5,041				89				4,952				Other assets		—				4,952
	Foreign currency forward contracts (2)	231				198				33				Other assets		—				33
	Credit default swaps	3				1				2				Other assets		—				2
	Total	$	6,726			$	1,608			$	5,118					$	—			$	5,118
		Derivative Liabilities
	At March 31, 2016	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	$	2,941			1,320				$	1,621			Other liabilities		$	1,621			$	—
	Foreign currency forward contracts (1)	6,979				604				6,375				Other liabilities		—				6,375
	Foreign currency forward contracts (2)	2,902				198				2,704				Other liabilities		—				2,704
	Credit default swaps	327				1				326				Other liabilities		326				—
	Total	$	13,149			$	2,123			$	11,026					$	1,947			$	9,079

(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, 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	$	1,059			937				$	122			Other assets		$	—			$	122
	Foreign currency forward contracts (1)	4,645				82				4,563				Other assets		—				4,563
	Foreign currency forward contracts (2)	1,007				599				408				Other assets		—				408
	Credit default swaps	257				44				213				Other assets		—				213
	Total	$	6,968			$	1,662			$	5,306					$	—			$	5,306
		Derivative Liabilities
	At December 31, 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	$	2,293			937				$	1,356			Other liabilities		$	1,356			$	—
	Foreign currency forward contracts (1)	1,891				81				1,810				Other liabilities		—				1,810
	Foreign currency forward contracts (2)	806				599				207				Other liabilities		—				207
	Credit default swaps	491				44				447				Other liabilities		447				—
	Total	$	5,481			$	1,661			$	3,820					$	1,803			$	2,017

(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 March 31,			2016				2015
	Interest rate futures	Net realized and unrealized gains on investments		$	(19,359	)		$	(4,408	)
	Foreign currency forward contracts (1)	Net foreign exchange losses		(1,374		)		3,611
	Foreign currency forward contracts (2)	Net foreign exchange losses		(5,858		)		9,210
	Credit default swaps	Net realized and unrealized gains on investments		(90		)		40
	Weather contract	Net realized and unrealized gains on investments		—				160
	Total			$	(26,681	)		$	8,613

(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=56946850&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)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959

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X

- 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=56946850&loc=SL5624163-113959

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X

- References

No definition available.

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