XML 166 R154.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions - Clear Spring (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jan. 01, 2017
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Related Party Transaction [Line Items]                          
Capitalized amount $ 56,000                        
Ownership percentage   47.40%       47.40%       47.40% 47.40%    
Equity method investments   $ 326,277       $ 204,507       $ 326,277 $ 204,507    
Balances under ceding quota share:                          
Reinsurance recoverable   2,379,890       2,029,663       2,379,890 2,029,663    
Balances under assuming quota share:                          
Losses and LAE   10,429,238       9,409,504       10,429,238 9,409,504 $ 7,398,088 $ 5,987,867
Unearned premiums   746,775       842,618       746,775 842,618    
Funds held by reinsured companies   408,735       321,267       408,735 321,267    
Amounts under ceding quota share:                          
Ceded, premiums earned                   (267,197) (330,136) (434,166)  
Net incurred losses and LAE                   47,018 0 0  
Acquisition costs   95,026 $ 50,282 $ 66,855 $ 93,788 55,106 $ 54,242 $ 53,334 $ 30,108 305,951 192,790 96,906  
Amounts under assuming quota share:                          
Premiums earned, assumed                   273,807 236,182 142,161  
Net incurred losses and loss adjustment expenses   $ 121,416 $ 222,417 $ 216,338 $ 312,404 187,698 $ 153,974 $ 92,819 $ 19,534 $ 872,575 454,025 193,551  
Equity method investee | Clear Spring                          
Related Party Transaction [Line Items]                          
Ownership percentage   20.00%               20.00%      
Balances under ceding quota share:                          
Reinsurance recoverable   $ 22,812       23,718       $ 22,812 23,718    
Prepaid reinsurance premiums   51       13,821       51 13,821    
Ceded other liabilities   3,616       14,153       3,616 14,153    
Ceded acquisition costs   21       3,233       21 3,233    
Affiliated entity | Clear Spring                          
Amounts under assuming quota share:                          
Total income impact                   (6,616) (3,334) 2,625  
Starstone | Clear Spring                          
Related Party Transaction [Line Items]                          
Equity method investments   10,645       10,070       10,645 10,070    
Percentage reinsured of certain businesses 33.30%                        
Starstone | Cavello Bay                          
Related Party Transaction [Line Items]                          
Percentage reinsured of certain businesses 25.00%                        
Starstone | Affiliated entity | Clear Spring                          
Amounts under ceding quota share:                          
Ceded, premiums earned                   (14,994) (29,520) (14,256)  
Net incurred losses and LAE                   6,567 18,143 9,533  
Acquisition costs                   356 7,035 6,718  
Cavello Bay | Clear Spring                          
Balances under assuming quota share:                          
Losses and LAE   6,135       5,778       6,135 5,778    
Unearned premiums   13       3,455       13 3,455    
Funds held by reinsured companies   $ 8,611       $ 10,242       8,611 10,242    
Cavello Bay | Affiliated entity | Clear Spring                          
Amounts under ceding quota share:                          
Acquisition costs                   92 1,836 1,753  
Amounts under assuming quota share:                          
Premiums earned, assumed                   3,749 7,380 3,564  
Net incurred losses and loss adjustment expenses                   $ (2,202) $ (4,536) $ (1,181)