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Reinsurance Balances Recoverable (Tables)
3 Months Ended
Mar. 31, 2014
Insurance [Abstract]  
Summary of Reinsurance Reserves Recoverable
    March 31, 2014     December 31, 2013  
    Non-life
Run-off
    Active
Underwriting
    Life and
Annuities
    Total     Non-life
Run-off
    Active
Underwriting
    Life and
Annuities
    Total  

Recoverable from reinsurers on:

               

Outstanding losses

    $741,055        $9,436        $28,172        $778,663        $788,705        $10,777        $28,556        $828,038   

Losses incurred but not reported

    346,518        11,799        751        359,068        402,675        9,887        782        413,344   

Fair value adjustments

    (59,411     4,391        —          (55,020     (69,847     4,391        —          (65,456
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total reinsurance reserves recoverable

    1,028,162        25,626        28,923        1,082,711        1,121,533        25,055        29,338        1,175,926   

Paid losses recoverable

    168,756        1,129        3,634        173,519        177,459        7,845        2,589        187,893   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    $1,196,918        $26,755        $32,557        $1,256,230        $1,298,992        $32,900        $31,927        $1,363,819   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Reinsurance Balances Recoverable by Reinsurer

Reinsurance balances recoverable by reinsurer were as follows:

 

     March 31, 2014     December 31, 2013  
     Reinsurance
Recoverables
     % of
Total
    Reinsurance
Recoverables
     % of
Total
 

Top 10 reinsurers

   $ 862,124         68.6   $ 930,943         68.3

Other reinsurers’ balances > $1 million

     386,362         30.8     423,013         31.0

Other reinsurers’ balances < $1 million

     7,744         0.6     9,863         0.7
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 1,256,230         100.0   $ 1,363,819         100.0