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Reinsurance (Tables)
6 Months Ended
Jun. 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
 
Six months ended
 
 
 
June 30,
2016
 
June 30,
2015
 
June 30,
2016
 
June 30,
2015
 
 
Premiums written
 
 
 
 
 
 
 
 
 
Direct
$
57,541

 
$
34,340

 
$
100,717

 
$
65,153

 
 
Assumed
701,587

 
627,657

 
1,520,544

 
1,240,422

 
 
Ceded
(239,212
)
 
(153,320
)
 
(589,670
)
 
(392,863
)
 
 
Net premiums written
$
519,916

 
$
508,677

 
$
1,031,591

 
$
912,712

 
 
Premiums earned
 
 
 
 
 
 
 
 
 
Direct
$
37,936

 
$
21,606

 
$
71,076

 
$
44,507

 
 
Assumed
464,540

 
468,372

 
921,181

 
850,975

 
 
Ceded
(151,074
)
 
(110,150
)
 
(287,249
)
 
(218,894
)
 
 
Net premiums earned
$
351,402

 
$
379,828

 
$
705,008

 
$
676,588

 
 
Claims and claim expenses
 
 
 
 
 
 
 
 
 
Gross claims and claim expenses incurred
$
224,852

 
$
222,819

 
$
386,850

 
$
311,814

 
 
Claims and claim expenses recovered
(57,102
)
 
(53,475
)
 
(92,495
)
 
(65,617
)
 
 
Net claims and claim expenses incurred
$
167,750

 
$
169,344

 
$
294,355

 
$
246,197