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USD ($)

USD ($) / shares
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margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;"&gt;7&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"&gt;. &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"&gt;Business Combination&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:9pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;"&gt;On July&amp;#160;4, 2009, the Company entered into definitive agreements to effect a multi-step acquisition of all the outstanding common shares and warrants of Paris Re, a French-listed, Swiss-based holding company and its operating subsidiaries. In July 2009, the Company purchased approximately 6% of the outstanding Paris Re common shares. On October&amp;#160;2, 2009, the Company closed its block purchase of Paris Re's common shares and warrants&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; which&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; represented, in the aggregate, approximately 77% of the outstanding common shares of Paris Re, resulting in the Company's ownership of Paris Re's common shares increasing to approximately 83%. Subsequent to October&amp;#160;2, 2009, the Company acquired additional common shares of Paris Re and effected a Merger, resulting in the Company obtaining 100% ownership of Paris Re on December&amp;#160;7, 2009. &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;The Company issued its common shares, in exchange for Paris Re common shares and warrants, for all steps of the acquisition.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:9pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;"&gt;The aggregate purchase price paid by the Company to acquire 100% of the outstanding Paris Re co&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;mmon shares and warrants was $1,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;979.7 million for total identifiable net assets acquired, at fair value, of $1,953.7 million. The Company recorded goodwill of $26 million related to the acquisition&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; (see Note 8)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:9pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;"&gt;The Consolidated Statements of Operations and Cash Flows include results of Paris Re for the period from the Acquisition Date. For the period from October 2, 2009 to December &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;7&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;, 2009, Paris Re had non-controlling interests. Net income attributable to Paris Re's no&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;n&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;-controlling interests during this period was $4.3 million, and has been recorded within other income (loss) in the Consolidated Statement of Operations.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:9pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;"&gt;In April 2010, the Company announced a voluntary termination plan available to certain eligible employees in France and&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; d&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;uring 2010, &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;the Company &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;integrated &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;Paris Re &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;into &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;its&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; existing &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;Non-life sub-segments &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;(see Note&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;s&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;18(c) &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;and &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;22&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;).&lt;/font&gt;&lt;/p&gt;</NonNumbericText><NonNumericTextHeader>7. Business CombinationOn July&amp;#160;4, 2009, the Company entered into definitive agreements to effect a multi-step acquisition of all the outstanding common</NonNumericTextHeader><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>Description of a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. This element may be used as a single block of text to encapsulate the entire disclosure (including data and tables) regarding business combinations, including leverage buyout transactions (as applicable).</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 141
 -Paragraph 51, 52

Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Emerging Issues Task Force (EITF)
 -Number 88-16

Reference 3: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 141R
 -Paragraph 67-73

Reference 4: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 141R
 -Paragraph F4
 -Subparagraph e
 -Appendix F

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