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Unaudited Quarterly Financial Information
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
23. Unaudited Quarterly Financial Information          
 
 
2015
 
2014
(in millions of U.S. dollars, except per
share amounts)
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Net premiums written
 
$
1,064

 
$
1,190

 
$
1,322

 
$
1,653

 
$
1,220

 
$
1,343

 
$
1,419

 
$
1,738

Net premiums earned
 
1,294

 
1,412

 
1,328

 
1,235

 
1,446

 
1,557

 
1,353

 
1,254

Net investment income
 
108

 
117

 
120

 
105

 
115

 
118

 
130

 
117

Net realized and unrealized investment (losses) gains
 
(24
)
 
(133
)
 
(256
)
 
116

 
98

 
(34
)
 
166

 
142

Other income
 
1

 
3

 

 
4

 
4

 
2

 
9

 

Total revenues
 
1,379

 
1,399

 
1,192

 
1,460

 
1,663

 
1,643

 
1,658

 
1,513

Losses and loss expenses and life policy benefits
 
767

 
804

 
865

 
721

 
870

 
960

 
884

 
749

Acquisition costs
 
311

 
347

 
283

 
276

 
325

 
322

 
303

 
265

Other expenses
 
120

 
416

 
130

 
125

 
123

 
108

 
107

 
111

Interest expense
 
12

 
12

 
12

 
12

 
12

 
12

 
12

 
12

Amortization of intangible assets
 
6

 
7

 
7

 
7

 
6

 
7

 
7

 
7

Net foreign exchange (gains) losses
 
(6
)
 
22

 
6

 
(13
)
 
(7
)
 
(8
)
 
(2
)
 

Total expenses
 
1,210

 
1,608

 
1,303

 
1,128

 
1,329

 
1,401

 
1,311

 
1,144

Income (loss) before taxes and interest in earnings (losses) of equity method investments
 
169

 
(209
)
 
(111
)
 
332

 
334

 
242

 
347

 
369

Income tax (benefit) expense
 
(3
)
 
17

 
(14
)
 
80

 
53

 
46

 
78

 
62

Interest in earnings (losses) of equity method investments
 
5

 
(3
)
 
8

 
(4
)
 
(1
)
 
5

 
5

 
6

Net income (loss)
 
177

 
(229
)
 
(89
)
 
248

 
280

 
201

 
274

 
313

Net income attributable to noncontrolling interests
 

 

 

 
(2
)
 
(3
)
 
(5
)
 
(2
)
 
(3
)
Net income (loss) attributable to PartnerRe Ltd.
 
177

 
(229
)
 
(89
)
 
246

 
277

 
196

 
272

 
310

Preferred dividends
 
14

 
14

 
14

 
14

 
14

 
14

 
14

 
14

Net income (loss) attributable to PartnerRe Ltd. common shareholders
 
$
163

 
$
(243
)
 
$
(103
)
 
$
232

 
$
263

 
$
182

 
$
258

 
$
296

Basic net income (loss) per common share
 
$
3.39

 
$
(5.08
)
 
$
(2.16
)
 
$
4.88

 
$
5.39

 
$
3.68

 
$
5.13

 
$
5.72

Diluted net income (loss) per common share
 
$
3.30

 
$
(5.08
)
 
$
(2.16
)
 
$
4.76

 
$
5.26

 
$
3.60

 
$
5.02

 
$
5.61

Dividends declared per common share
 
$
0.70

 
$
0.70

 
$
0.70

 
$
0.70

 
$
0.67

 
$
0.67

 
$
0.67

 
$
0.67