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Investments (Tables)
 12 Months Ended
Dec. 31, 2017
Investments [Abstract]  
Net Realized and Unrealized Investment (Losses) Gains
The components of the net realized and unrealized investment gains (losses) for the years ended December 31, 2017, 2016 and 2015 were as follows (in thousands of U.S. dollars): 
 
 
2017
 
2016
 
2015
Net realized investment gains on fixed maturities and short-term investments
 
$
28,632

 
$
96,994

 
$
66,296

Net realized investment (losses) gains on equities
 
(4,052
)
 
157

 
137,609

Net realized investment (losses) gains on other invested assets
 
(3,217
)
 
5,365

 
(33,317
)
Net realized investment gains on funds held–directly managed
 
508

 
1,355

 
536

Net realized investment gains
 
21,871

 
103,871

 
171,124

Change in net unrealized investment gains or losses on fixed maturities and short-term investments
 
124,033

 
(90,334
)
 
(276,776
)
Change in net unrealized investment gains or losses on equities
 
60,460

 
(14,850
)
 
(187,561
)
Change in unrealized investment gains or losses on other invested assets
 
32,790

 
25,488

 
844

Change in net unrealized investment gains or losses on funds held–directly managed
 
(5,567
)
 
(676
)
 
(6,163
)
Net other realized and unrealized investment gains or losses
 
(1,096
)
 
2,767

 
1,053

Change in net unrealized investment gains or losses
 
210,620

 
(77,605
)
 
(468,603
)
Net realized and unrealized investment gains (losses)
 
$
232,491

 
$
26,266

 
$
(297,479
)
Net investment income
The components of net investment income for the years ended December 31, 2017, 2016 and 2015 were as follows (in thousands of U.S. dollars): 
 
 
2017
 
2016
 
2015
Fixed maturities
 
$
382,676

 
$
395,831

 
$
425,541

Short-term investments and cash and cash equivalents
 
5,363

 
1,915

 
854

Equities
 
(12
)
 
4,382

 
30,739

Funds held and other
 
29,068

 
34,161

 
27,406

Funds held–directly managed
 
7,742

 
9,993

 
11,676

Investment expenses
 
(22,766
)
 
(35,418
)
 
(46,432
)
Net investment income
 
$
402,071

 
$
410,864

 
$
449,784
Net Payable for Securities Purchased
Included within Accounts payable, accrued expenses and other in the Consolidated Balance Sheets at December 31, 2017 and 2016 were amounts of gross receivable balances for securities sold and gross payable balances for securities purchased as follows (in thousands of U.S. dollars):
 
 
December 31, 2017
 
December 31, 2016
Receivable for securities sold
 
$
144,224

 
$
52,189

Payable for securities purchased
 
(181,991
)
 
(648,813
)
Net payable for securities purchased
 
$
(37,767
)
 
$
(596,624
)
Summarized financial information
The summarized balance sheet and income statement of Almacantar S.A. is as follows:
 
 
December 31, 2017
 
December 31, 2016
Current assets
 
$
906,085

 
$
698,835

Noncurrent assets
 
$
1,877,519

 
$
1,510,632

Current liabilities
 
$
553,219

 
$
372,677

Noncurrent liabilities
 
$
690,935

 
$
624,970

 
 
 
 
 
 
 
For the year ended
 
 
December 31, 2017
 
December 31, 2016
Revenues
 
$
130,333

 
$
24,646

Operating profit
 
$
190,613

 
$
(47,082
)
Net income
 
$
213,241

 
$
(37,059
)