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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Equity securities, trading, at fair value (cost - $1,035,700; 2013 - $824,723) $ 1,162,363 $ 954,111
Debt securities, trading, at fair value (cost - $494,101; 2013 - $408,754) 551,453 441,424
Other investments, at fair value 93,412 65,329
Total investments in securities and commodities 1,807,228 1,460,864
Cash and cash equivalents 35,977 31,625
Restricted cash and cash equivalents 222,124 193,577
Due from brokers 74,046 98,386
Securities purchased under an agreement to sell 33,850 38,147
Derivative assets, at fair value 22,516 39,045
Interest and dividends receivable 3,747 2,615
Reinsurance balances receivable 245,832 191,763
Deferred acquisition costs, net 130,860 91,193
Loss and loss adjustment expenses recoverable 10,274 9,277
Other assets 3,283 3,398
Total assets 2,589,737 2,159,890
Liabilities    
Accounts payable and accrued expenses 5,456 9,456
Reinsurance balances payable 26,856 9,081
Deposit liabilities 121,959 120,946
Unearned premium reserves 346,271 265,187
Loss and loss adjustment expense reserves 184,627 134,331
Securities sold, not yet purchased, at fair value 46,994 56,056
Due to brokers 281,091 44,870
Derivative liabilities, at fair value 10,528 8,819
Performance fee payable to related party 22,002 0
Interest and dividends payable 816 748
Total liabilities 1,046,600 649,494
Commitments and contingent liabilities 0 0
Shareholders' equity    
Preference shares (par value $0.10; authorized, 30,000,000; none issued) 0 0
Common shares (par value $0.10; authorized, 300,000,000; issued and outstanding, 103,931,386 (2013: 103,888,916)) 10,393 10,389
Additional paid-in capital 1,060,183 1,055,690
Retained earnings 396,653 325,582
Shareholders’ equity attributable to shareholders 1,467,229 1,391,661
Non-controlling interests 75,908 118,735
Total shareholders' equity 1,543,137 1,510,396
Total liabilities and shareholders' equity $ 2,589,737 $ 2,159,890