Reinsurance And Trust Agreements	9 Months Ended
Sep. 30, 2014
Reinsurance And Trust Agreements [Abstract]
Reinsurance And Trust Agreements	9.REINSURANCE AND TRUST AGREEMENTS A subsidiary of the Company, Everest Re, has established a trust agreement, which effectively uses Everest Res investments as collateral, as security for assumed losses payable to a non-affiliated ceding company.At September 30, 2014, the total amount on deposit in the trust account was $234,348 thousand. On April 24, 2014, the Company entered into two collateralized reinsurance agreements with Kilimanjaro Re Limited (Kilimanjaro), a Bermuda based special purpose reinsurer, to provide the Company with catastrophe reinsurance coverage.These agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events.The first agreement provides up to $250,000 thousand of reinsurance coverage from named storms in specified states of the Southeastern United States.The second agreement provides up to $200,000 thousand of reinsurance coverage from named storms in specified states of the Southeast, Mid-Atlantic and Northeast regions of the United States and Puerto Rico as well as reinsurance coverage from earthquakes in specified states of the Southeast, Mid-Atlantic, Northeast and West regions of the United States, Puerto Rico and British Columbia. Kilimanjaro has financed the property catastrophe reinsurance coverage by issuing $450,000 thousand of catastrophe bonds to unrelated, external investors. The proceeds from the catastrophe bond issuance will be held in a reinsurance trust throughout the duration of the reinsurance agreements and invested solely in US government money market funds with a rating of at least AAAm by Standard & Poors at the time of the bond issuance.

9.REINSURANCE AND TRUST AGREEMENTS

A subsidiary of the Company, Everest Re, has established a trust agreement, which effectively uses Everest Res investments as collateral, as security for assumed losses payable to a non-affiliated ceding company.At September 30, 2014, the total amount on deposit in the trust account was $234,348 thousand.

On April 24, 2014, the Company entered into two collateralized reinsurance agreements with Kilimanjaro Re Limited (Kilimanjaro), a Bermuda based special purpose reinsurer, to provide the Company with catastrophe reinsurance coverage.These agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events.The first agreement provides up to $250,000 thousand of reinsurance coverage from named storms in specified states of the Southeastern United States.The second agreement provides up to $200,000 thousand of reinsurance coverage from named storms in specified states of the Southeast, Mid-Atlantic and Northeast regions of the United States and Puerto Rico as well as reinsurance coverage from earthquakes in specified states of the Southeast, Mid-Atlantic, Northeast and West regions of the United States, Puerto Rico and British Columbia.

Kilimanjaro has financed the property catastrophe reinsurance coverage by issuing $450,000 thousand of catastrophe bonds to unrelated, external investors. The proceeds from the catastrophe bond issuance will be held in a reinsurance trust throughout the duration of the reinsurance agreements and invested solely in US government money market funds with a rating of at least AAAm by Standard & Poors at the time of the bond issuance.