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Premiums Written and Earned (Tables)
 12 Months Ended
Dec. 31, 2019
Insurance [Abstract]  
Schedule of Net Premiums Written and Earned
The following table provides the total reinsurance balances recoverable on paid and unpaid losses as of December 31, 2019 and 2018:
 
 
2019
 
 
Non-life
Run-off
 
Atrium
 
StarStone
 
Total
Recoverable from reinsurers on unpaid:
 
 
 
 
 
 
 
 
Outstanding losses
 
$
972,293

 
$
9,011

 
$
328,009

 
$
1,309,313

IBNR
 
673,059

 
19,286

 
211,404

 
903,749

Fair value adjustments - acquired companies
 
(13,652
)
 
519

 
(2,122
)
 
(15,255
)
Fair value adjustments - fair value option
 
(88,086
)
 
—

 
—

 
(88,086
)
Total reinsurance reserves recoverable
 
1,543,614

 
28,816

 
537,291

 
2,109,721

Paid losses recoverable
 
181,375

 
1,541

 
87,253

 
270,169

Total
 
$
1,724,989

 
$
30,357

 
$
624,544

 
$
2,379,890

 
 
 
 
 
 
 
 
 
Reconciliation to Consolidated Balance Sheet:
 
 
 
 
 
 
 
 
Reinsurance balances recoverable on paid and unpaid losses
 
$
1,029,471

 
$
30,357

 
$
624,544

 
$
1,684,372

Reinsurance balances recoverable on paid and unpaid losses - fair value option
 
695,518

 
—

 
—

 
695,518

Total
 
$
1,724,989

 
$
30,357

 
$
624,544

 
$
2,379,890

 
 
2018
 
 
Non-life
Run-off
 
Atrium
 
StarStone
 
Total
Recoverable from reinsurers on unpaid:
 
 
 
 
 
 
 
 
Outstanding losses
 
$
901,772

 
$
18,891

 
$
263,065

 
$
1,183,728

IBNR
 
609,434

 
19,247

 
201,784

 
830,465

Fair value adjustments - acquired companies
 
(14,344
)
 
630

 
(1,899
)
 
(15,613
)
Fair value adjustments - fair value option
 
(130,739
)
 
—

 
—

 
(130,739
)
Total reinsurance reserves recoverable
 
1,366,123

 
38,768

 
462,950

 
1,867,841

Paid losses recoverable
 
138,265

 
(256
)
 
23,813

 
161,822

Total
 
$
1,504,388

 
$
38,512

 
$
486,763

 
$
2,029,663

 
 
 
 
 
 
 
 
 
Reconciliation to Consolidated Balance Sheet:
 
 
 
 
 
 
 
 
Reinsurance balances recoverable on paid and unpaid losses
 
$
764,797

 
$
38,512

 
$
486,763

 
$
1,290,072

Reinsurance balances recoverable on paid and unpaid losses - fair value option
 
739,591

 
—

 
—

 
739,591

Total
 
$
1,504,388

 
$
38,512

 
$
486,763

 
$
2,029,663


The following table shows our reinsurance balances recoverable on paid and unpaid losses by rating of reinsurer and our provisions for uncollectible reinsurance balances recoverable on paid and unpaid losses ("provisions for bad debt") as of December 31, 2019 and 2018. The majority of the provisions for bad debt relate to the Non-life Run-off segment.
 
2019
 
2018
 
Gross
 
Provisions for Bad Debt
 
Net
 
Provisions as a
% of Gross
 
Gross
 
Provisions for Bad Debt
 
Net
 
Provisions as a
% of Gross
Reinsurers rated A- or above
$
1,904,268

 
$
43,427

 
$
1,860,841

 
2.3
%
 
$
1,612,464

 
$
51,519

 
$
1,560,945

 
3.2
%
Reinsurers rated below A-, secured
487,608

 
—

 
487,608

 
—
%
 
430,852

 
—

 
430,852

 
—
%
Reinsurers rated below A-, unsecured
135,653

 
104,212

 
31,441

 
76.8
%
 
143,079

 
105,213

 
37,866

 
73.5
%
Total
$
2,527,529

 
$
147,639

 
$
2,379,890

 
5.8
%
 
$
2,186,395

 
$
156,732

 
$
2,029,663

 
7.2
%

The following tables provide a summary of net premiums written and earned for the years ended December 31, 2019, 2018 and 2017:
 
2019
 
2018
 
2017
 
Premiums
Written
 
Premiums
Earned
 
Premiums
Written
 
Premiums
Earned
 
Premiums
Written
 
Premiums
Earned
Non-life Run-off
 
 
 
 
 
 
 
 
 
 
 
Gross
$
(25,069
)
 
$
197,009

 
$
(8,910
)
 
$
25,230

 
$
14,102

 
$
23,950

Ceded
(269
)
 
(28,513
)
 
(307
)
 
(15,803
)
 
(7,620
)
 
(9,788
)
Net
$
(25,338
)
 
$
168,496

 
$
(9,217
)
 
$
9,427

 
$
6,482

 
$
14,162

Atrium
 
 
 
 
 
 
 
 
 
 
 
Gross
$
192,373

 
$
182,678

 
$
171,494

 
$
164,428

 
$
153,472

 
$
152,278

Ceded
(20,017
)
 
(18,619
)
 
(18,006
)
 
(18,113
)
 
(19,258
)
 
(17,531
)
Net
$
172,356

 
$
164,059

 
$
153,488

 
$
146,315

 
$
134,214

 
$
134,747

StarStone
 
 
 
 
 
 
 
 
 
 
 
Gross
$
917,555

 
$
1,021,827

 
$
1,121,135

 
$
1,010,816

 
$
895,160

 
$
865,159

Ceded
(182,126
)
 
(219,901
)
 
(315,573
)
 
(295,857
)
 
(430,259
)
 
(405,756
)
Net
$
735,429

 
$
801,926

 
$
805,562

 
$
714,959

 
$
464,901

 
$
459,403

Other
 
 
 
 
 
 
 
 
 
 
 
Gross
$
18,534

 
$
20,544

 
$
32,378

 
$
25,237

 
$
5,719

 
$
5,900

Ceded
(22
)
 
(164
)
 
(311
)
 
(363
)
 
(926
)
 
(1,091
)
Net
$
18,512

 
$
20,380

 
$
32,067

 
$
24,874

 
$
4,793

 
$
4,809

Total
 
 
 
 
 
 
 
 
 
 
 
Gross
$
1,103,393

 
$
1,422,058

 
$
1,316,097

 
$
1,225,711

 
$
1,068,453

 
$
1,047,287

Ceded
(202,434
)
 
(267,197
)
 
(334,197
)
 
(330,136
)
 
(458,063
)
 
(434,166
)
Net
$
900,959

 
$
1,154,861

 
$
981,900

 
$
895,575

 
$
610,390

 
$
613,121