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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule Of Underwriting Results For Operating Segments

   
Three Months Ended
   
Six Months Ended
 
U.S. Reinsurance
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Gross written premiums
 
$
421,810
   
$
437,475
   
$
927,357
   
$
933,116
 
Net written premiums
   
388,006
     
423,279
     
872,409
     
921,036
 
                                 
Premiums earned
 
$
480,848
   
$
489,129
   
$
991,942
   
$
918,770
 
Incurred losses and LAE
   
228,745
     
239,014
     
473,631
     
452,469
 
Commission and brokerage
   
120,171
     
122,766
     
242,955
     
215,734
 
Other underwriting expenses
   
11,807
     
11,454
     
23,336
     
20,936
 
Underwriting gain (loss)
 
$
120,125
   
$
115,895
   
$
252,020
   
$
229,631
 



   
Three Months Ended
   
Six Months Ended
 
International
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Gross written premiums
 
$
292,775
   
$
454,017
   
$
611,220
   
$
775,259
 
Net written premiums
   
316,656
     
315,590
     
578,394
     
624,627
 
                                 
Premiums earned
 
$
338,263
   
$
319,998
   
$
643,832
   
$
638,379
 
Incurred losses and LAE
   
222,087
     
204,433
     
401,739
     
367,607
 
Commission and brokerage
   
84,813
     
71,599
     
155,427
     
142,573
 
Other underwriting expenses
   
8,049
     
8,088
     
16,164
     
15,925
 
Underwriting gain (loss)
 
$
23,314
   
$
35,878
   
$
70,502
   
$
112,274
 



   
Three Months Ended
   
Six Months Ended
 
Bermuda
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Gross written premiums
 
$
162,536
   
$
185,036
   
$
338,330
   
$
368,451
 
Net written premiums
   
131,209
     
176,193
     
305,775
     
358,763
 
                                 
Premiums earned
 
$
198,297
   
$
191,259
   
$
394,001
   
$
364,945
 
Incurred losses and LAE
   
108,230
     
107,133
     
218,245
     
201,641
 
Commission and brokerage
   
47,243
     
46,839
     
98,376
     
92,547
 
Other underwriting expenses
   
8,788
     
8,159
     
17,588
     
16,445
 
Underwriting gain (loss)
 
$
34,036
   
$
29,128
   
$
59,792
   
$
54,312
 



   
Three Months Ended
   
Six Months Ended
 
Insurance
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Gross written premiums
 
$
343,630
   
$
316,481
   
$
683,888
   
$
547,131
 
Net written premiums
   
299,848
     
280,073
     
603,429
     
491,741
 
                                 
Premiums earned
 
$
267,848
   
$
248,283
   
$
527,969
   
$
451,520
 
Incurred losses and LAE
   
219,123
     
175,033
     
399,724
     
317,224
 
Commission and brokerage
   
38,294
     
39,908
     
76,857
     
74,117
 
Other underwriting expenses
   
33,258
     
29,128
     
63,555
     
52,361
 
Underwriting gain (loss)
 
$
(22,827
)
 
$
4,214
   
$
(12,167
)
 
$
7,818
 




   
Three Months Ended
   
Six Months Ended
 
Mt. Logan Re
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Gross written premiums
 
$
37,497
   
$
22,353
   
$
111,494
   
$
58,829
 
Net written premiums
   
32,777
     
22,352
     
92,378
     
48,909
 
                                 
Premiums earned
 
$
47,142
   
$
23,648
   
$
81,731
   
$
43,193
 
Incurred losses and LAE
   
12,476
     
10,084
     
19,787
     
16,165
 
Commission and brokerage
   
4,396
     
2,575
     
8,469
     
4,718
 
Other underwriting expenses
   
2,049
     
1,585
     
3,972
     
3,385
 
Underwriting gain (loss)
 
$
28,221
   
$
9,404
   
$
49,503
   
$
18,925
 
Schedule Of Underwriting Results For Operating Segments To Income (Loss) Before Taxes
   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
Underwriting gain (loss)
 
$
182,869
   
$
194,519
   
$
419,650
   
$
422,960
 
Net investment income
   
125,046
     
131,224
     
247,629
     
254,381
 
Net realized capital gains (losses)
   
(24,178
)
   
59,016
     
(34,683
)
   
80,142
 
Net derivative gain (loss)
   
6,445
     
3,774
     
6,203
     
2,113
 
Corporate expenses
   
(5,925
)
   
(3,899
)
   
(11,388
)
   
(8,844
)
Interest, fee and bond issue cost amortization expense
   
(9,026
)
   
(8,978
)
   
(18,016
)
   
(16,546
)
Other income (expense)
   
(3,925
)
   
(13,871
)
   
42,148
     
(17,167
)
Income (loss) before taxes
 
$
271,306
   
$
361,785
   
$
651,543
   
$
717,039
 
Schedule Of Gross Written Premiums Derived From Largest Non-U.S. Market
   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
 
(Dollars in thousands)
 
2015
   
2014
   
2015
   
2014
 
United Kingdom
 
$
155,168
   
$
131,093
   
$
353,104
   
$
337,876