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Reinsurance (Tables)

9 Months Ended

Sep. 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												Nine months ended
						September 30, 2020						September 30, 2019						September 30, 2020						September 30, 2019
			Premiums written
			Direct			$	138,208					$	108,478					$	463,462					$	318,984
			Assumed			1,004,850						752,590						4,407,189						3,583,287
			Ceded			(243,647)						(156,938)						(1,520,629)						(1,246,145)
			Net premiums written			$	899,411					$	704,130					$	3,350,022					$	2,656,126
			Premiums earned
			Direct			$	128,621					$	103,446					$	401,177					$	283,898
			Assumed			1,301,871						1,146,831						3,732,961						3,114,408
			Ceded			(430,309)						(343,529)						(1,210,761)						(1,030,028)
			Net premiums earned			$	1,000,183					$	906,748					$	2,923,377					$	2,368,278
			Claims and claim expenses
			Gross claims and claim expenses incurred			$	1,192,132					$	714,714					$	2,587,073					$	1,804,889
			Claims and claim expenses recovered			(250,102)						(60,194)						(563,817)						(469,961)
			Net claims and claim expenses incurred			$	942,030					$	654,520					$	2,023,256					$	1,334,928