XML 52 R53.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investments - Schedule of investments, categorized by the level of the fair value hierarchy (Details) (USD $) In Thousands, unless otherwise specified | Jun. 30, 2014 | Dec. 31, 2013
--- | --- | ---
Assets |  |
Equity securities | $ 1,157,075 | $ 857,817
Private common equity securities | 5,288 | 96,294
Total equities | 1,162,363 | 954,111
Asset-backed securities | 371,458 | 325,533
Bank debts | 11,829 | 8,017
Corporate bonds | 104,864 | 86,749
Municipal bonds | 19,431 | 10,486
Sovereign debt | 43,871 | 10,639
Total debt securities | 551,453 | 441,424
Investments in limited partnerships | 72,263 | 34,578
Options | 2,783 | 13,069
Rights and warrants | 297 | 1
Trade claims | 16,066 | 17,681
Catastrophe bond | 2,003 |
Total other investments | 93,412 | 65,329
Derivative assets, at fair value | 22,516 | 39,045
Total assets | 1,829,744 | 1,499,909
Liabilities |  |
Equity securities | 4,008 | 5,207
Sovereign debt | 33,213 | 37,592
Corporate bonds | 4,699 | 3,372
Options | 5,074 | 9,885
Total securities sold, not yet purchased | 46,994 | 56,056
Derivative liabilities (embedded) | 5,538 | 4,430
Derivative liabilities, at fair value | 10,528 | 8,819
Total liabilities | 63,060 | 69,305
Quoted prices in active markets (Level 1) |  |
Assets |  |
Equity securities | 1,118,096 | 839,903
Private common equity securities | 0 | 0
Total equities | 1,118,096 | 839,903
Asset-backed securities | 0 | 0
Bank debts | 0 | 0
Corporate bonds | 0 | 0
Municipal bonds | 0 | 0
Sovereign debt | 0 | 0
Total debt securities | 0 | 0
Investments in limited partnerships | 0 | 0
Options | 2,619 | 6,284
Rights and warrants | 297 | 1
Trade claims | 0 | 0
Catastrophe bond | 0 |
Total other investments | 2,916 | 6,285
Derivative assets, at fair value | 0 | 321
Total assets | 1,121,012 | 846,509
Liabilities |  |
Equity securities | 4,008 | 5,207
Sovereign debt | 0 | 0
Corporate bonds | 0 | 0
Options | 3,614 | 4,714
Total securities sold, not yet purchased | 7,622 | 9,921
Derivative liabilities (embedded) | 0 | 0
Derivative liabilities, at fair value | 532 | 441
Total liabilities | 8,154 | 10,362
Significant other observable inputs (Level 2) |  |
Assets |  |
Equity securities | 38,979 | 17,914
Private common equity securities | 2,988 | 94,282
Total equities | 41,967 | 112,196
Asset-backed securities | 369,017 | 325,133
Bank debts | 11,829 | 8,017
Corporate bonds | 99,711 | 82,139
Municipal bonds | 19,431 | 10,486
Sovereign debt | 43,841 | 10,639
Total debt securities | 543,829 | 436,414
Investments in limited partnerships | 66,492 | 29,286
Options | 164 | 6,785
Rights and warrants | 0 | 0
Trade claims | 16,066 | 17,681
Catastrophe bond | 2,003 |
Total other investments | 84,725 | 53,752
Derivative assets, at fair value | 22,516 | 38,724
Total assets | 693,037 | 641,086
Liabilities |  |
Equity securities | 0 | 0
Sovereign debt | 33,213 | 37,592
Corporate bonds | 4,699 | 3,372
Options | 1,460 | 5,171
Total securities sold, not yet purchased | 39,372 | 46,135
Derivative liabilities (embedded) | 0 | 0
Derivative liabilities, at fair value | 9,996 | 8,378
Total liabilities | 49,368 | 54,513
Significant unobservable inputs (Level 3) |  |
Assets |  |
Equity securities | 0 | 0
Private common equity securities | 2,300 | 2,012
Total equities | 2,300 | 2,012
Asset-backed securities | 2,441 | 400
Bank debts | 0 | 0
Corporate bonds | 5,153 | 4,610
Municipal bonds | 0 | 0
Sovereign debt | 30 | 0
Total debt securities | 7,624 | 5,010
Investments in limited partnerships | 5,771 | 5,292
Options | 0 | 0
Rights and warrants | 0 | 0
Trade claims | 0 | 0
Catastrophe bond | 0 |
Total other investments | 5,771 | 5,292
Derivative assets, at fair value | 0 | 0
Total assets | 15,695 | 12,314
Liabilities |  |
Equity securities | 0 | 0
Sovereign debt | 0 | 0
Corporate bonds | 0 | 0
Options | 0 | 0
Total securities sold, not yet purchased | 0 | 0
Derivative liabilities (embedded) | 5,538 | 4,430
Derivative liabilities, at fair value | 0 | 0
Total liabilities | $ 5,538 | $ 4,430

X
- Definition Financial Instruments, Owned, Bank Debts, at Fair Value + References No definition available. + Details
Name: | tpre_FinancialInstrumentsOwnedBankDebtsatFairValue
Namespace Prefix: | tpre_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financial Instruments, Owned, Bonds, at Fair Value + References No definition available. + Details
Name: | tpre_FinancialInstrumentsOwnedBondsatFairValue
Namespace Prefix: | tpre_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financial Instruments, Owned, Rights and Warrants, at Fair Value + References No definition available. + Details
Name: | tpre_FinancialInstrumentsOwnedRightsandWarrantsatFairValue
Namespace Prefix: | tpre_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_AssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_AssetsFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28370219&loc=SL20226000-175313 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=20225523&loc=SL20225862-175312 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28370219&loc=SL20226000-175313 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=20225523&loc=SL20225862-175312 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in fixed income or other debt securities issued by a corporation or other issuer not elsewhere specified in the taxonomy. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedCorporateDebtAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in corporate stocks (common and preferred), stock options, warrants and any other financial instrument which represents, or provides the ability to obtain, ownership rights in a corporation. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedCorporateEquitiesAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments. Their value is derived from the values of one or more underlying assets, reference rates, or indices of asset values. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph c -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in mortgages, mortgage backed securities (investment instruments that represent ownership of an undivided interest in a group of mortgages, where principal and interest from the individual mortgages are used to pay investors' principal and interest on the mortgage backed security) and asset-backed securities that are primarily paid from the cash flows of a discrete pool of receivables or other financial assets (such as credit-card receivables), either fixed or revolving, that by their terms convert into cash within a finite time period. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in other positions not elsewhere specified in the taxonomy. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in fixed income obligations issued by foreign governments. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedOtherSovereignGovernmentObligationsAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in private equity, mezzanine, venture capital, merchant banking, real estate and special situations investments. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The fair value as of the balance sheet date of firm holdings in fixed income obligations issued by state and local governments and authorities. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29643736&loc=d3e42546-110969 + Details
Name: | us-gaap_FinancialInstrumentsOwnedStateAndMunicipalGovernmentObligationsAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of obligations incurred from short sales. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 35 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29643654&loc=d3e42429-110968 + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of obligations arising from corporate debt obligations sold short. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 35 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29643654&loc=d3e42429-110968 + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedCorporateDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of obligations arising from corporate equity sold short. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 35 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29643654&loc=d3e42429-110968 + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedCorporateEquities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of obligations arising from derivatives and other contracts sold short. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 35 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29643654&loc=d3e42429-110968 + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of obligations arising from foreign government debt obligations short. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 35 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29643654&loc=d3e42429-110968 + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedOtherSovereignGovernmentDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value portion of investments in an entity not consolidated. Includes, but is not limited to, investments in an entity that is affiliated with the reporting entity by means of direct or indirect ownership, an entity in which the reporting entity shares control of the entity with another party or group, an entity which the company has significant influence, but does not have control and subsidiaries that are not required to be consolidated and are accounted for using the equity or cost method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
Name: | us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_LiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LiabilitiesFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of other assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of investments in debt securities classified as trading. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.4) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Trading Securities -URI http://asc.fasb.org/extlink&oid=6526789 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a),1) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_TradingSecuritiesDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of investments in trading equity securities and other forms of trading securities that provide ownership interests. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.4) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Trading Securities -URI http://asc.fasb.org/extlink&oid=6526789 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a),1(b)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_TradingSecuritiesEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant