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Reinsurance (Tables)

6 Months Ended

Jun. 30, 2020

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]

Schedule of 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, 2020						June 30, 2019						June 30, 2020						June 30, 2019
			Premiums written
			Direct			$	177,562					$	99,538					$	325,254					$	210,506
			Assumed			1,524,310						1,377,370						3,402,339						2,830,697
			Ceded			(521,069)						(453,943)						(1,276,982)						(1,089,207)
			Net premiums written			$	1,180,803					$	1,022,965					$	2,450,611					$	1,951,996
			Premiums earned
			Direct			$	138,327					$	90,638					$	272,556					$	180,452
			Assumed			1,281,357						1,202,144						2,431,090						1,967,577
			Ceded			(409,588)						(381,280)						(780,452)						(686,499)
			Net premiums earned			$	1,010,096					$	911,502					$	1,923,194					$	1,461,530
			Claims and claim expenses
			Gross claims and claim expenses incurred			$	647,226					$	752,056					$	1,394,941					$	1,090,175
			Claims and claim expenses recovered			(136,954)						(298,683)						(313,715)						(409,767)
			Net claims and claim expenses incurred			$	510,272					$	453,373					$	1,081,226					$	680,408