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Reinsurance (Tables)
9 Months Ended
Sep. 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
 
Nine months ended
 
 
 
September 30,
2017
 
September 30,
2016
 
September 30,
2017
 
September 30,
2016
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
64,040

 
$
53,488

 
$
205,253

 
$
154,205

 
 
Assumed
576,229

 
376,736

 
2,184,521

 
1,897,280

 
 
Ceded
(157,048
)
 
(146,002
)
 
(806,672
)
 
(735,672
)
 
 
Net premiums written
$
483,221

 
$
284,222

 
$
1,583,102

 
$
1,315,813

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
61,908

 
$
43,097

 
$
176,433

 
$
114,173

 
 
Assumed
712,499

 
471,097

 
1,731,845

 
1,392,278

 
 
Ceded
(226,615
)
 
(167,673
)
 
(612,176
)
 
(454,922
)
 
 
Net premiums earned
$
547,792

 
$
346,521

 
$
1,296,102

 
$
1,051,529

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
2,482,510

 
$
153,846

 
$
2,924,217

 
$
540,696

 
 
Claims and claim expenses recovered
(1,260,814
)
 
(41,271
)
 
(1,366,853
)
 
(133,766
)
 
 
Net claims and claim expenses incurred
$
1,221,696

 
$
112,575

 
$
1,557,364

 
$
406,930