XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Fixed maturities, trading securities, at fair value (amortized cost: 2013, $13,395,474; 2012, $13,653,615) $ 13,680,838 $ 14,395,315
Short-term investments, trading securities, at fair value (amortized cost: 2013, $36,791; 2012, $150,634) 36,781 150,552
Equities, trading securities, at fair value (cost: 2013, $1,036,972; 2012, $1,000,326) 1,122,084 1,094,002
Other invested assets 268,097 333,361
Total investments 15,107,800 15,973,230
Funds held - directly managed (cost: 2013, $800,634; 2012, $895,261) 813,497 930,741
Cash and cash equivalents, at fair value, which approximates amortized cost 1,551,062 1,121,705
Accrued investment income 175,164 184,315
Reinsurance balances receivable 2,564,015 1,991,991
Reinsurance recoverable on paid and unpaid losses 339,169 348,086
Funds held by reinsured companies 831,704 805,489
Deferred acquisition costs 680,972 568,391
Deposit assets 347,419 257,208
Net tax assets 13,688 25,098
Goodwill 456,380 456,380
Intangible assets 193,134 214,270
Other assets 64,203 103,528
Total assets 23,138,207 22,980,432
Liabilities    
Unpaid losses and loss expenses 10,564,542 10,709,371
Policy benefits for life and annuity contracts 1,908,575 1,813,244
Unearned premiums 1,997,853 1,534,625
Other reinsurance balances payable 232,711 238,578
Deposit liabilities 330,233 252,217
Net tax liabilities 293,797 387,647
Accounts payable, accrued expenses and other 365,331 290,265
Debt related to senior notes 750,000 750,000
Debt related to capital efficient notes 70,989 70,989
Total liabilities 16,514,031 16,046,936
Shareholders' Equity    
Common shares (par value $1.00; issued: 2013, 86,425,676 shares; 2012, 85,459,905 shares) 86,426 85,460
Preferred shares (par value $1.00; issued and outstanding: 2013, 34,150,000 shares; 2012, 35,750,000 shares; aggregate liquidation value: 2013, $853,750; 2012, $893,750) 34,150 35,750
Additional paid-in capital 3,880,412 3,861,844
Accumulated other comprehensive (loss) income (6,027) 10,597
Retained earnings 5,183,219 4,952,002
Common shares held in treasury, at cost (2013, 33,197,911 shares; 2012, 26,550,530 shares) (2,606,493) (2,012,157)
Total shareholders' equity attributable to PartnerRe Ltd. 6,571,687 6,933,496
Noncontrolling interests 52,489 0
Total shareholders' equity 6,624,176 6,933,496
Total liabilities and shareholders' equity $ 23,138,207 $ 22,980,432