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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Equity securities, trading, at fair value (cost - $1,004,245; 2013 - $824,723) $ 1,116,554 $ 954,111
Debt securities, trading, at fair value (cost - $508,286; 2013 - $408,754) 558,648 441,424
Other investments, at fair value 77,387 65,329
Total investments in securities and commodities 1,752,589 1,460,864
Cash and cash equivalents 33,938 31,625
Restricted cash and cash equivalents 221,044 193,577
Due from brokers 101,819 98,386
Securities purchased under an agreement to sell 36,778 38,147
Derivative assets, at fair value 28,134 39,045
Interest and dividends receivable 5,214 2,615
Reinsurance balances receivable 221,541 191,763
Deferred acquisition costs, net 93,283 91,193
Loss and loss adjustment expenses recoverable 10,277 9,277
Other assets 2,950 3,398
Total assets 2,507,567 2,159,890
Liabilities    
Accounts payable and accrued expenses 3,739 9,456
Reinsurance balances payable 25,647 9,081
Deposit liabilities 121,374 120,946
Unearned premium reserves 279,512 265,187
Loss and loss adjustment expense reserves 164,624 134,331
Securities sold, not yet purchased, at fair value 53,958 56,056
Due to brokers 333,478 44,870
Derivative liabilities, at fair value 7,569 8,819
Performance fee payable to related party 12,295 0
Interest and dividends payable 800 748
Total liabilities 1,002,996 649,494
Commitments and contingent liabilities 0 0
Shareholders' equity    
Preference shares (par value $0.10; authorized, 30,000,000; none issued) 0 0
Common shares (par value $0.10; authorized, 300,000,000; issued and outstanding, 103,924,897 (2013: 103,888,916)) 10,392 10,389
Additional paid-in capital 1,057,939 1,055,690
Retained earnings 365,361 325,582
Shareholders’ equity attributable to shareholders 1,433,692 1,391,661
Non-controlling interests 70,879 118,735
Total shareholders' equity 1,504,571 1,510,396
Total liabilities and shareholders' equity $ 2,507,567 $ 2,159,890