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Reinsurance (Tables) | 9 Months Ended
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Sep. 30, 2021
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, 2021 |  | September 30, 2020 |  | September 30, 2021 |  | September 30, 2020 |
| Premiums written |  |  |  |  |  |  |  |
| Direct | $ | 255,148 |  |  | $ | 138,208 |  |  | $ | 739,999 |  |  | $ | 463,462 |  |
| Assumed | 1,519,032 |  |  | 1,004,850 |  |  | 5,780,781 |  |  | 4,407,189 |  |
| Ceded | (287,740) |  |  | (243,647) |  |  | (1,697,965) |  |  | (1,520,629) |  |
| Net premiums written | $ | 1,486,440 |  |  | $ | 899,411 |  |  | $ | 4,822,815 |  |  | $ | 3,350,022 |  |
| Premiums earned |  |  |  |  |  |  |  |
| Direct | $ | 216,658 |  |  | $ | 128,621 |  |  | $ | 567,161 |  |  | $ | 401,177 |  |
| Assumed | 1,798,229 |  |  | 1,301,871 |  |  | 4,669,877 |  |  | 3,732,961 |  |
| Ceded | (508,622) |  |  | (430,309) |  |  | (1,384,147) |  |  | (1,210,761) |  |
| Net premiums earned | $ | 1,506,265 |  |  | $ | 1,000,183 |  |  | $ | 3,852,891 |  |  | $ | 2,923,377 |  |
| Claims and claim expenses |  |  |  |  |  |  |  |
| Gross claims and claim expenses incurred | $ | 3,063,826 |  |  | $ | 1,192,132 |  |  | $ | 4,980,178 |  |  | $ | 2,587,073 |  |
| Claims and claim expenses recovered | (1,265,781) |  |  | (250,102) |  |  | (1,795,061) |  |  | (563,817) |  |
| Net claims and claim expenses incurred | $ | 1,798,045 |  |  | $ | 942,030 |  |  | $ | 3,185,117 |  |  | $ | 2,023,256 |  |
Schedule of Activity in the Allowance Recorded Against Premium Receivables | The following table provides a roll forward of the provision for current expected credit losses of the Company’s premiums receivable:
|  | Three months ended September 30, 2021 |  | Nine months ended September 30, 2021 |
| Beginning balance | $ | 3,725 |  |  | $ | 5,961 |  |
| Provision for allowance | 4 |  |  | (2,232) |  |
| Ending balance | $ | 3,729 |  |  | $ | 3,729 |  |
Schedule of Activity in the Allowance Recorded Against Reinsurance Recoverable | The following table provides a roll forward of the provision for current expected credit losses of the Company’s reinsurance recoverable:
|  | Three months ended September 30, 2021 |  | Nine months ended September 30, 2021 |
| Beginning balance | $ | 7,024 |  |  | $ | 6,334 |  |
| Provision for allowance | 494 |  |  | 1,184 |  |
| Ending balance | $ | 7,518 |  |  | $ | 7,518 |  |

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