Reinsurance Balances Recoverable (Tables)

12 Months Ended

Dec. 31, 2015

Insurance [Abstract]

Summary of Reinsurance Reserves Recoverable

The following table provides the total reinsurance balances recoverable as at December 31, 2015 and, 2014:

	2015
	Non-life Run-off			Atrium		StarStone			Life and Annuities		Total
Recoverable from reinsurers on unpaid:
Outstanding losses	$	587,164		$	6,772	$	182,076		$	22,786	$	798,798
IBNR	465,211			16,581		123,732			306		605,830
Fair value adjustments	(17,628		)	2,499		(6,025		)	—		(21,154		)
Total reinsurance reserves recoverable	1,034,747			25,852		299,783			23,092		1,383,474
Paid losses recoverable	72,213			430		16,568			1,319		90,530
	$	1,106,960		$	26,282	$	316,351		$	24,411	$	1,474,004

	2014
	Non-life Run-off			Atrium		StarStone			Life and Annuities		Total
Recoverable from reinsurers on unpaid:
Outstanding losses	$	568,386		$	9,582	$	181,067		$	25,125	$	784,160
IBNR	278,696			14,565		154,850			467		448,578
Fair value adjustments	(46,373		)	4,131		(10,708		)	—		(52,950		)
Total reinsurance reserves recoverable	800,709			28,278		325,209			25,592		1,179,788
Paid losses recoverable	129,750			1,289		19,845			883		151,767
	$	930,459		$	29,567	$	345,054		$	26,475	$	1,331,555

Reinsurance Balances Recoverable by Reinsurer

Top Ten Reinsurers

	December 31, 2015												December 31, 2014
	Non-life Run-off		Atrium		StarStone		Life and Annuities		Total		% of Total		Non-life Run-off		Atrium		StarStone		Life and Annuities		Total		% of Total
Top ten reinsurers	$	713,743	$	21,394	$	155,171	$	13,254	$	903,562	61.3	%	$	667,325	$	23,635	$	158,117	$	15,089	$	864,166	64.9	%
Other reinsurers > $1 million	383,898		4,253		158,417		8,363		554,931		37.6	%	256,929		4,917		181,196		10,692		453,734		34.1	%
Other reinsurers < $1 million	9,319		635		2,763		2,794		15,511		1.1	%	6,205		1,015		5,741		694		13,655		1.0	%
Total	$	1,106,960	$	26,282	$	316,351	$	24,411	$	1,474,004	100.0	%	$	930,459	$	29,567	$	345,054	$	26,475	$	1,331,555	100.0	%

Summary of Provisions for Uncollectible Reinsurance Balances Recoverable by Rating of Reinsurer

The following table shows our reinsurance balances recoverable by rating of reinsurer and our provisions for uncollectible reinsurance balances recoverable ("provisions for bad debt") as at December 31, 2015 and 2014. The provisions for bad debt all relate to the Non-life Run-off segment.

	2015								2014
	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	$	1,051,927	$	46,969	$	1,004,958	4.5	%	$	1,126,944	$	80,995	$	1,045,949	7.2	%
Reinsurers rated below A-, secured	388,399		—		388,399		—	%	204,544		—		204,544		—	%
Reinsurers rated below A-, unsecured	244,005		163,358		80,647		66.9	%	289,976		208,914		81,062		72.0	%
Total	$	1,684,331	$	210,327	$	1,474,004	12.5	%	$	1,621,464	$	289,909	$	1,331,555	17.9	%