XML 38 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details 2) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Composition of deferred tax assets and liabilities    
Excess of financial statement unearned premium over tax $ 30,225us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve $ 26,821us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
Discounting of loss reserves, net of salvage and subrogation 40,046us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves 50,481us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
Excess of financial statement accrued expenses over tax 20,103us-gaap_DeferredTaxAssetsTaxDeferredExpense 18,920us-gaap_DeferredTaxAssetsTaxDeferredExpense
Allowance for bad debts, not deductible for tax 2,427us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts 3,146us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
Stock-based compensation expense in excess of deduction for tax 8,919us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 5,163us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
Financial statement loss for Lloyd's syndicates in excess of deduction for tax 0hcc_FinancialStatementLossForSyndicateInExcessOfDeductionForTax 351hcc_FinancialStatementLossForSyndicateInExcessOfDeductionForTax
Federal tax net operating loss carryforwards 2,983us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic 3,202us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic
State tax net operating loss carryforwards 441us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal 181us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
Foreign tax net operating loss carryforwards 20,008us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign 22,605us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign
Federal benefit of state uncertain tax positions 1,705hcc_OtherItems 1,482hcc_OtherItems
Valuation allowance 25,050us-gaap_DeferredTaxAssetsValuationAllowance 27,430us-gaap_DeferredTaxAssetsValuationAllowance
Total deferred tax assets 101,807us-gaap_DeferredTaxAssetsNet 104,922us-gaap_DeferredTaxAssetsNet
Unrealized gain on increase in value of securities 91,515hcc_UnrealizedGainOnIncreaseInValueOfSecurities 52,424hcc_UnrealizedGainOnIncreaseInValueOfSecurities
Deferred policy acquisition costs, net of ceding commissions, deductible for tax 15,764us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost 14,570us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
Amortizable goodwill for tax 123,017us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill 110,064us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
Financial statement income for Lloyd's syndicates in excess of taxable income 7,143hcc_FinancialStatementIncomeForSyndicateInExcessOfTaxableIncome 0hcc_FinancialStatementIncomeForSyndicateInExcessOfTaxableIncome
Book Basis in net assets of foreign subsidiaries in excess of tax basis 23,075hcc_BookBasisInNetAssetsOfForeignSubsidiariesInExcessOfTax 2,414hcc_BookBasisInNetAssetsOfForeignSubsidiariesInExcessOfTax
Depreciation and other items 12,676us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment 14,458us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Total deferred tax liabilities 273,190us-gaap_DeferredTaxLiabilities 193,930us-gaap_DeferredTaxLiabilities
Net deferred tax liability $ 171,383us-gaap_DeferredTaxAssetsLiabilitiesNet $ 89,008us-gaap_DeferredTaxAssetsLiabilitiesNet