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Supplemental guarantor information - Condensed Consolidating Statement of Income (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
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
Revenues                      
Gross premiums written $ 134,230 $ 95,388 $ 82,637 $ 319,591 $ 120,063 $ 30,064 $ 49,765 $ 378,360 $ 631,846 $ 578,252 $ 641,620
Gross premiums ceded (5,964) (1,116) (1,473) (712) (1,770) 0 (3,479) (14,646) (9,265) (19,895) (2,475)
Net premiums written 128,266 94,272 81,164 318,879 118,293 30,064 46,286 363,714 622,581 558,357 639,145
Change in net unearned premium reserves 70,126 108,976 64,288 (165,829) 91,177 97,929 95,207 (221,228) 77,561 63,085 (92,087)
Net premiums earned 198,392 203,248 145,452 153,050 209,470 127,993 141,493 142,486 700,142 621,442 547,058
Net investment income (loss) 61,614 (3,138) 69,131 154,953 (276,810) (3,590) 31,175 (2,208) 282,560 (251,433) 391,953
Equity in earnings (losses) of subsidiaries                 0 0 0
Total revenues 260,006 200,110 214,583 308,003 (67,340) 124,403 172,668 140,278 982,702 370,009 939,011
Expenses                      
Loss and loss adjustment expenses incurred, net 140,394 85,703 82,334 95,068 173,088 88,706 84,000 92,620 403,499 438,414 370,058
Acquisition costs, net 61,851 118,271 58,006 57,498 56,668 40,841 57,584 51,405 295,626 206,498 188,904
General and administrative expenses 12,744 9,237 19,650 12,132 7,553 9,511 9,696 9,481 53,763 36,241 53,103
Other expenses 3,625 5,058 3,811 4,125 2,994 (1,362) 3,983 3,995 16,619 9,610 12,674
Interest expense 2,074 2,074 2,051 2,029 2,074 2,074 2,051 2,029 8,228 8,228 8,225
Foreign exchange (gains) losses (10,298) 4,921 4,260 (2,518) 3,288 1,979 8,847 (6,611) (3,635) 7,503 (12,300)
Total expenses 230,986 215,422 161,592 173,370 239,089 137,791 148,467 166,141 781,370 691,488 645,264
Income (loss) before income tax (expense) benefit 29,020 (15,312) 52,991 134,633 (306,429) (13,388) 24,201 (25,863) 201,332 (321,479) 293,747
Income tax (expense) benefit 718 213 74 (1,718) 8,417 111 (4,390) (128) (713) 4,010 (11,976)
Net income (loss) 29,738 (15,099) 53,065 132,915 (298,012) (13,277) 19,811 (25,991) 200,619 (317,469) 281,771
Net income attributable to noncontrolling interests in related party 0 0 0 0 0 (4) (209) (10) 0 (223) (3,973)
Net income (loss) available to Third Point Re common shareholders $ 29,738 $ (15,099) $ 53,065 $ 132,915 $ (298,012) $ (13,281) $ 19,602 $ (26,001) 200,619 (317,692) 277,798
Reportable Legal Entities | Parent Guarantor                      
Revenues                      
Gross premiums written                 0 0 0
Gross premiums ceded                 0 0 0
Net premiums written                 0 0 0
Change in net unearned premium reserves                 0 0 0
Net premiums earned                 0 0 0
Net investment income (loss)                 0 0 0
Equity in earnings (losses) of subsidiaries                 216,877 (310,552) 283,088
Total revenues                 216,877 (310,552) 283,088
Expenses                      
Loss and loss adjustment expenses incurred, net                 0 0 0
Acquisition costs, net                 0 0 0
General and administrative expenses                 16,258 7,140 5,290
Other expenses                 0 0 0
Interest expense                 0 0 0
Foreign exchange (gains) losses                 0 0 0
Total expenses                 16,258 7,140 5,290
Income (loss) before income tax (expense) benefit                 200,619 (317,692) 277,798
Income tax (expense) benefit                 0 0 0
Net income (loss)                 200,619 (317,692) 277,798
Net income attributable to noncontrolling interests in related party                 0 0 0
Net income (loss) available to Third Point Re common shareholders                 200,619 (317,692) 277,798
Reportable Legal Entities | TPRUSA                      
Revenues                      
Gross premiums written                 0 0 0
Gross premiums ceded                 0 0 0
Net premiums written                 0 0 0
Change in net unearned premium reserves                 0 0 0
Net premiums earned                 0 0 0
Net investment income (loss)                 0 0 0
Equity in earnings (losses) of subsidiaries                 9,017 (29,492) 22,309
Total revenues                 9,017 (29,492) 22,309
Expenses                      
Loss and loss adjustment expenses incurred, net                 0 0 0
Acquisition costs, net                 0 0 0
General and administrative expenses                 (59) 47 49
Other expenses                 0 0 0
Interest expense                 8,228 8,228 8,225
Foreign exchange (gains) losses                 0 0 0
Total expenses                 8,169 8,275 8,274
Income (loss) before income tax (expense) benefit                 848 (37,767) 14,035
Income tax (expense) benefit                 1,716 (419) 3,062
Net income (loss)                 2,564 (38,186) 17,097
Net income attributable to noncontrolling interests in related party                 0 0 0
Net income (loss) available to Third Point Re common shareholders                 2,564 (38,186) 17,097
Reportable Legal Entities | Non-Guarantor Subsidiaries                      
Revenues                      
Gross premiums written                 631,846 578,252 641,620
Gross premiums ceded                 (9,265) (19,895) (2,475)
Net premiums written                 622,581 558,357 639,145
Change in net unearned premium reserves                 77,561 63,085 (92,087)
Net premiums earned                 700,142 621,442 547,058
Net investment income (loss)                 282,560 (251,433) 391,953
Equity in earnings (losses) of subsidiaries                 (40) (57) (57)
Total revenues                 982,662 369,952 938,954
Expenses                      
Loss and loss adjustment expenses incurred, net                 403,499 438,414 370,058
Acquisition costs, net                 295,626 206,498 188,904
General and administrative expenses                 37,564 29,054 47,764
Other expenses                 16,619 9,610 12,674
Interest expense                 0 0 0
Foreign exchange (gains) losses                 (3,635) 7,503 (12,300)
Total expenses                 756,943 676,073 631,700
Income (loss) before income tax (expense) benefit                 225,719 (306,121) 307,254
Income tax (expense) benefit                 (2,429) 4,429 (15,038)
Net income (loss)                 223,290 (301,692) 292,216
Net income attributable to noncontrolling interests in related party                 0 (223) (3,973)
Net income (loss) available to Third Point Re common shareholders                 223,290 (301,915) 288,243
Eliminations                      
Revenues                      
Gross premiums written                 0 0 0
Gross premiums ceded                 0 0 0
Net premiums written                 0 0 0
Change in net unearned premium reserves                 0 0 0
Net premiums earned                 0 0 0
Net investment income (loss)                 0 0 0
Equity in earnings (losses) of subsidiaries                 (225,854) 340,101 (305,340)
Total revenues                 (225,854) 340,101 (305,340)
Expenses                      
Loss and loss adjustment expenses incurred, net                 0 0 0
Acquisition costs, net                 0 0 0
General and administrative expenses                 0 0 0
Other expenses                 0 0 0
Interest expense                 0 0 0
Foreign exchange (gains) losses                 0 0 0
Total expenses                 0 0 0
Income (loss) before income tax (expense) benefit                 (225,854) 340,101 (305,340)
Income tax (expense) benefit                 0 0 0
Net income (loss)                 (225,854) 340,101 (305,340)
Net income attributable to noncontrolling interests in related party                 0 0 0
Net income (loss) available to Third Point Re common shareholders                 $ (225,854) $ 340,101 $ (305,340)