Dividend Restrictions and Statutory Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Statutory Capital and Surplus

The statutory capital and surplus amounts for the years ended December 31, 2019 and 2018 and statutory net income amounts for the years ended December 31, 2019, 2018 and 2017 for our insurance and reinsurance subsidiaries based in Bermuda, the United Kingdom, Australia, the United States and Continental Europe are summarized in the table below which includes information relating to acquisitions from the year of acquisition:



	Statutory Capital and Surplus
	Required				Actual				Statutory Income
	2019		2018		2019		2018		2019		2018			2017
Bermuda	$	2,138,395	$	1,591,991	$	4,016,663	$	3,701,825	$	643,683	$	29,486		$	390,752
U.K.	837,104		654,721		1,532,751		715,448		154,644		(52,936		)	77,900
U.S.	364,507		392,394		861,379		660,470		121,406		(75,005		)	(5,065		)
Europe	94,334		239,582		229,344		431,863		11,816		(17,611		)	(4,245		)
Australia	18,110		22,535		37,815		26,882		4,847		1,761			(874		)

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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