XML 32 R20.htm IDEA: XBRL DOCUMENT

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	On April 1, 2017, the Company acquired a 100% ownership interest in Compagnie Belge d'Assurances Aviation NV/SA (“Aviabel”). Aviabel is an insurer operating under Belgian law that has its head office in Belgium, a branch office in the Netherlands and a re-insurance company, Aviabel RE S.A. (“Aviabel RE”), in Luxembourg. We are currently in the process of determining the fair values of the underlying net assets and liabilities at the acquisition date. Given the timing of the acquisition, the fair value exercise is not yet complete. The underwriting results of Aviabel will be included in the underwriting results of our insurance segment from the acquisition date. On April 17, 2017, the Company redeemed the remaining 14,042,955 of its 6.875% Series C preferred shares, for an aggregate liquidation preference of $351 million.