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Quarterly Information (unaudited) (Notes)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (unaudited)
 
 
2018 Quarters
 
2017 Quarters
($ in thousands)
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Gross premiums written
 
$
4,261

 
$
(611
)
 
$
(22,954
)
 
$
(4,524
)
 
$
5,584

 
$
6,928

 
$
(24,696
)
 
$
(2,129
)
Net premiums earned
 
30,883

 
25,836

 
25,640

 
28,730

 
47,613

 
43,152

 
52,989

 
31,523

Net investment income
 
110,240

 
66,662

 
58,332

 
37,483

 
81,559

 
85,160

 
87,177

 
107,057

Net other than temporary impairment losses
 
(299
)
 
(1,014
)
 
(266
)
 
(1,659
)
 
(3,942
)
 
(1,763
)
 
(13,510
)
 
(956
)
Net realized investment gains (losses)
 
4,862

 
47,148

 
30,201

 
29,413

 
(4,896
)
 
4,180

 
6,150

 
(68
)
Net gains (losses) on derivative contracts
 
25,191

 
8,932

 
17,583

 
(44,716
)
 
(462
)
 
40,692

 
4,163

 
31,544

Net realized gains (losses) on extinguishment of debt
 
3,115

 
6

 

 

 
2,741

 
2,179

 

 

Income (loss) on Variable Interest Entities
 
574

 
577

 
1,831

 
454

 
3,701

 
(1,219
)
 
(4,049
)
 
21,237

Losses and loss expenses (benefit)
 
(247,395
)
 
32,579

 
33,501

 
(42,298
)
 
135,011

 
66,100

 
209,806

 
102,269

Insurance intangible amortization
 
28,636

 
23,242

 
26,421

 
28,982

 
37,525

 
33,471

 
45,690

 
34,168

Operating expenses
 
36,434

 
26,063

 
28,368

 
21,339

 
28,124

 
31,304

 
34,074

 
28,934

Interest expense
 
48,073

 
62,446

 
65,673

 
66,064

 
31,572

 
28,234

 
29,145

 
30,990

Pre-tax income (loss)
 
308,309

 
6,308

 
(19,948
)
 
(22,136
)
 
(105,860
)
 
13,992

 
(185,466
)
 
(6,917
)
Net income (loss)
 
305,704

 
4,313

 
(22,159
)
 
(20,459
)
 
(125,441
)
 
7,110

 
(190,905
)
 
(19,479
)
Net income (loss) attributable to Common Shareholders
 
$
305,704

 
$
4,313

 
$
(103,845
)
 
$
(20,459
)
 
$
(125,441
)
 
$
7,110

 
$
(190,905
)
 
$
(19,479
)
Net income (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
6.72

 
$
0.09

 
$
(2.27
)
 
$
(0.45
)
 
$
(2.77
)
 
$
0.16

 
$
(4.20
)
 
$
(0.43
)
Diluted
 
$
6.70

 
$
0.09

 
$
(2.27
)
 
$
(0.45
)
 
$
(2.77
)
 
$
0.16

 
$
(4.20
)
 
$
(0.43
)