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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule Of Underwriting Results For Operating Segments
 
   
Three Months Ended
 
U.S. Reinsurance
 
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Gross written premiums
  $ 495,641     $ 434,791  
Net written premiums
    497,757       434,639  
                 
Premiums earned
  $ 429,641     $ 392,616  
Incurred losses and LAE
    213,455       198,158  
Commission and brokerage
    92,968       87,326  
Other underwriting expenses
    9,482       10,534  
Underwriting gain (loss)
  $ 113,736     $ 96,598  
 

   
Three Months Ended
 
International
 
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Gross written premiums
  $ 321,242     $ 297,560  
Net written premiums
    309,037       293,982  
                 
Premiums earned
  $ 318,381     $ 311,978  
Incurred losses and LAE
    163,174       161,199  
Commission and brokerage
    70,974       71,444  
Other underwriting expenses
    7,837       7,930  
Underwriting gain (loss)
  $ 76,396     $ 71,405  

 
   
Three Months Ended
 
Bermuda
 
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Gross written premiums
  $ 183,415     $ 195,758  
Net written premiums
    182,570       195,823  
                 
Premiums earned
  $ 173,686     $ 185,333  
Incurred losses and LAE
    94,508       91,996  
Commission and brokerage
    45,708       43,651  
Other underwriting expenses
    8,286       7,759  
Underwriting gain (loss)
  $ 25,184     $ 41,927  
 

   
Three Months Ended
 
Insurance
 
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Gross written premiums
  $ 230,650     $ 252,681  
Net written premiums
    211,668       225,249  
                 
Premiums earned
  $ 203,237     $ 198,832  
Incurred losses and LAE
    142,191       141,291  
Commission and brokerage
    34,209       30,625  
Other underwriting expenses
    23,233       26,723  
Underwriting gain (loss)
  $ 3,604     $ 193  

 
   
Three Months Ended
 
Mt. Logan Re
 
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Gross written premiums
  $ 36,476     $ -  
Net written premiums
    26,557       -  
                 
Premiums earned
  $ 19,545     $ -  
Incurred losses and LAE
    6,081       -  
Commission and brokerage
    2,143       -  
Other underwriting expenses
    1,800       -  
Underwriting gain (loss)
  $ 9,521     $ -  


Schedule Of Underwriting Results For Operating Segments To Income (Loss) Before Taxes
   
Three Months Ended
 
   
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
Underwriting gain (loss)
  $ 228,441     $ 210,123  
Net investment income
    123,157       145,781  
Net realized capital gains (losses)
    21,126       126,735  
Net derivative gain (loss)
    (1,661 )     15,285  
Corporate expenses
    (4,945 )     (5,717 )
Interest, fee and bond issue cost amortization expense
    (7,568 )     (13,481 )
Other income (expense)
    (3,296 )     (8,887 )
Income (loss) before taxes
  $ 355,254     $ 469,839  
Schedule Of Gross Written Premiums Derived From Largest Non-U.S. Market
   
Three Months Ended
 
   
March 31,
 
(Dollars in thousands)
 
2014
   
2013
 
United Kingdom
  $ 206,783     $ 147,987