XML 44 R29.htm IDEA: XBRL DOCUMENT v2.3.0.15
Segment Information (Details) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Segment Reporting [Line Items]    
Gross premiums written$ 1,095,326,000$ 1,008,464,000$ 3,735,091,000$ 4,057,965,000
Net premiums written1,079,557,000987,612,0003,606,444,0003,884,511,000
Decrease (increase) in unearned premiums214,762,000325,802,000(140,091,000)(312,687,000)
Net premiums earned1,294,319,0001,313,414,0003,466,353,0003,571,824,000
Losses and loss expenses and life policy benefits(882,000,000)(749,000,000)(3,303,000,000)(2,466,000,000)
Acquisition costs(262,489,000)(261,668,000)(699,589,000)(725,919,000)
Technical result150,000,000303,000,000(537,000,000)380,000,000
Other income1,434,0003,363,0004,843,0005,391,000
Other operating expenses(103,822,000)(118,221,000)(321,813,000)(406,506,000)
Underwriting result47,000,000188,000,000(854,000,000)(21,000,000)
Net investment income163,647,000164,402,000473,608,000511,978,000
Net realized and unrealized investment gains (losses)26,139,000293,164,000(7,860,000)484,683,000
Interest expense(12,216,000)(12,297,000)(36,730,000)(32,232,000)
Amortization of intangible assets(9,520,000)(10,003,000)(27,512,000)(22,639,000)
Net foreign exchange gains (losses)10,587,000(27,074,000)20,020,000(12,426,000)
Income tax expense(41,803,000)(72,576,000)(65,632,000)(117,892,000)
Interest in (losses) earnings of equity investments(4,527,000)1,312,000(4,970,000)5,103,000
Net income (loss)180,123,000524,937,000(502,648,000)795,518,000
Life [Member]
    
Segment Reporting [Line Items]    
Gross premiums written194,000,000183,000,000597,000,000537,000,000
Net premiums written194,000,000183,000,000596,000,000533,000,000
Decrease (increase) in unearned premiums9,000,0001,000,000(8,000,000)(12,000,000)
Net premiums earned203,000,000184,000,000588,000,000521,000,000
Losses and loss expenses and life policy benefits(168,000,000)(147,000,000)(479,000,000)(447,000,000)
Acquisition costs(33,000,000)(33,000,000)(89,000,000)(82,000,000)
Technical result2,000,0004,000,00020,000,000(8,000,000)
Other income0002,000,000
Other operating expenses(12,000,000)(11,000,000)(38,000,000)(38,000,000)
Underwriting result(10,000,000)(7,000,000)(18,000,000)(44,000,000)
Net investment income19,000,00017,000,00050,000,00054,000,000
Allocated underwriting result9,000,00010,000,00032,000,00010,000,000
Corporate And Other [Member]
    
Segment Reporting [Line Items]    
Gross premiums written6,000,0001,000,00012,000,0004,000,000
Net premiums written6,000,0001,000,00012,000,0003,000,000
Decrease (increase) in unearned premiums2,000,0000(4,000,000)0
Net premiums earned8,000,0001,000,0008,000,0003,000,000
Losses and loss expenses and life policy benefits(4,000,000)(1,000,000)(5,000,000)(1,000,000)
Acquisition costs0000
Technical result4,000,00003,000,0002,000,000
Other income01,000,0001,000,0000
Other operating expenses(23,000,000)(26,000,000)(78,000,000)(127,000,000)
Net investment income145,000,000147,000,000424,000,000458,000,000
Net realized and unrealized investment gains (losses)26,000,000293,000,000(8,000,000)485,000,000
Interest expense(12,000,000)(12,000,000)(37,000,000)(32,000,000)
Amortization of intangible assets(9,000,000)(10,000,000)(27,000,000)(23,000,000)
Net foreign exchange gains (losses)11,000,000(27,000,000)20,000,000(12,000,000)
Income tax expense(42,000,000)(72,000,000)(66,000,000)(118,000,000)
Interest in (losses) earnings of equity investments(5,000,000)1,000,000(5,000,000)5,000,000
Non Life [Member]
    
Segment Reporting [Line Items]    
Gross premiums written895,000,000824,000,0003,126,000,0003,517,000,000
Net premiums written880,000,000804,000,0002,998,000,0003,349,000,000
Decrease (increase) in unearned premiums203,000,000324,000,000(128,000,000)(301,000,000)
Net premiums earned1,083,000,0001,128,000,0002,870,000,0003,048,000,000
Losses and loss expenses and life policy benefits(710,000,000)(601,000,000)(2,819,000,000)(2,018,000,000)
Acquisition costs(229,000,000)(228,000,000)(611,000,000)(644,000,000)
Technical result144,000,000299,000,000(560,000,000)386,000,000
Other income1,000,0002,000,0004,000,0003,000,000
Other operating expenses(69,000,000)(81,000,000)(206,000,000)(241,000,000)
Underwriting result76,000,000220,000,000(762,000,000)148,000,000
Reinsurance Ratios [Abstract]    
Loss ratio65.60%53.30%98.20%66.20%
Acquisition ratio21.10%20.20%21.30%21.10%
Technical ratio86.70%73.50%119.50%87.30%
Other operating expense ratio6.40%7.20%7.20%7.90%
Combined ratio93.10%80.70%126.70%95.20%
Non Life [Member] | North America [Member]
    
Segment Reporting [Line Items]    
Gross premiums written288,000,000267,000,000868,000,000831,000,000
Net premiums written287,000,000267,000,000868,000,000830,000,000
Decrease (increase) in unearned premiums42,000,00021,000,000(18,000,000)(51,000,000)
Net premiums earned329,000,000288,000,000850,000,000779,000,000
Losses and loss expenses and life policy benefits(192,000,000)(137,000,000)(556,000,000)(432,000,000)
Acquisition costs(80,000,000)(80,000,000)(210,000,000)(218,000,000)
Technical result57,000,00071,000,00084,000,000129,000,000
Reinsurance Ratios [Abstract]    
Loss ratio58.40%47.50%65.50%55.50%
Acquisition ratio24.30%27.80%24.60%27.90%
Technical ratio82.70%75.30%90.10%83.40%
Non Life [Member] | Global (Non-US) P&C [Member]
    
Segment Reporting [Line Items]    
Gross premiums written144,000,000158,000,000585,000,000792,000,000
Net premiums written144,000,000158,000,000581,000,000780,000,000
Decrease (increase) in unearned premiums49,000,00067,000,000(14,000,000)(94,000,000)
Net premiums earned193,000,000225,000,000567,000,000686,000,000
Losses and loss expenses and life policy benefits(102,000,000)(174,000,000)(379,000,000)(561,000,000)
Acquisition costs(52,000,000)(56,000,000)(145,000,000)(170,000,000)
Technical result39,000,000(5,000,000)43,000,000(45,000,000)
Reinsurance Ratios [Abstract]    
Loss ratio52.90%77.10%66.80%81.80%
Acquisition ratio26.90%25.20%25.70%24.80%
Technical ratio79.80%102.30%92.50%106.60%
Non Life [Member] | Global (Non-US) Specialty [Member]
    
Segment Reporting [Line Items]    
Gross premiums written368,000,000303,000,0001,092,000,0001,183,000,000
Net premiums written360,000,000292,000,0001,007,000,0001,103,000,000
Decrease (increase) in unearned premiums2,000,00072,000,00014,000,000(27,000,000)
Net premiums earned362,000,000364,000,0001,021,000,0001,076,000,000
Losses and loss expenses and life policy benefits(247,000,000)(199,000,000)(675,000,000)(794,000,000)
Acquisition costs(82,000,000)(74,000,000)(240,000,000)(219,000,000)
Technical result33,000,00091,000,000106,000,00063,000,000
Reinsurance Ratios [Abstract]    
Loss ratio68.30%54.80%66.10%73.70%
Acquisition ratio22.70%20.20%23.50%20.40%
Technical ratio91.00%75.00%89.60%94.10%
Non Life [Member] | Catastrophe Segment [Member]
    
Segment Reporting [Line Items]    
Gross premiums written95,000,00096,000,000581,000,000711,000,000
Net premiums written89,000,00087,000,000542,000,000636,000,000
Decrease (increase) in unearned premiums110,000,000164,000,000(110,000,000)(129,000,000)
Net premiums earned199,000,000251,000,000432,000,000507,000,000
Losses and loss expenses and life policy benefits(169,000,000)(91,000,000)(1,209,000,000)(231,000,000)
Acquisition costs(15,000,000)(18,000,000)(16,000,000)(37,000,000)
Technical result$ 15,000,000$ 142,000,000$ (793,000,000)$ 239,000,000
Reinsurance Ratios [Abstract]    
Loss ratio85.00%36.40%279.90%45.60%
Acquisition ratio7.40%7.20%3.50%7.20%
Technical ratio92.40%43.60%283.40%52.80%