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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2017
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,
2017
 
June 30,
2016
 
June 30,
2017
 
June 30,
2016
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
67,805

 
$
57,541

 
$
141,213

 
$
100,717

 
 
Assumed
759,610

 
701,587

 
1,608,292

 
1,520,544

 
 
Ceded
(271,670
)
 
(239,212
)
 
(649,624
)
 
(589,670
)
 
 
Net premiums written
$
555,745

 
$
519,916

 
$
1,099,881

 
$
1,031,591

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
56,357

 
$
37,936

 
$
114,525

 
$
71,076

 
 
Assumed
520,347

 
464,540

 
1,019,346

 
921,181

 
 
Ceded
(194,439
)
 
(151,074
)
 
(385,561
)
 
(287,249
)
 
 
Net premiums earned
$
382,265

 
$
351,402

 
$
748,310

 
$
705,008

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
189,903

 
$
224,852

 
$
441,707

 
$
386,850

 
 
Claims and claim expenses recovered
(47,316
)
 
(57,102
)
 
(106,039
)
 
(92,495
)
 
 
Net claims and claim expenses incurred
$
142,587

 
$
167,750

 
$
335,668

 
$
294,355