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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2016
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]  
Effect Of Reinsurance And Retrocessional Activity On Premiums Written And Earned And On Net Claims And Claim Expenses Incurred
The following table sets forth the effect of reinsurance and retrocessional activity on premiums written and earned and on net claims and claim expenses incurred:
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended
 
Nine months ended
 
 
 
September 30,
2016
 
September 30,
2015
 
September 30,
2016
 
September 30,
2015
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
53,488

 
$
31,781

 
$
154,205

 
$
96,934

 
 
Assumed
376,736

 
337,861

 
1,897,280

 
1,578,283

 
 
Ceded
(146,002
)
 
(102,822
)
 
(735,672
)
 
(495,685
)
 
 
Net premiums written
$
284,222

 
$
266,820

 
$
1,315,813

 
$
1,179,532

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
43,097

 
$
26,040

 
$
114,173

 
$
70,547

 
 
Assumed
471,097

 
456,957

 
1,392,278

 
1,307,932

 
 
Ceded
(167,673
)
 
(120,609
)
 
(454,922
)
 
(339,503
)
 
 
Net premiums earned
$
346,521

 
$
362,388

 
$
1,051,529

 
$
1,038,976

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
153,846

 
$
121,744

 
$
540,696

 
$
433,558

 
 
Claims and claim expenses recovered
(41,271
)
 
(21,716
)
 
(133,766
)
 
(87,333
)
 
 
Net claims and claim expenses incurred
$
112,575

 
$
100,028

 
$
406,930

 
$
346,225