XML 63 R16.htm IDEA: XBRL DOCUMENT

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Investment Commitments The Company’s investment commitments, which are primarily related to agreements entered into by the Company to invest in funds and separately managed accounts when called upon, were approximately $1.90 billion at September 30, 2019, compared to $1.77 billion at December 31, 2018. Interest Paid Interest paid on the Company’s senior notes and other borrowings were $68.6 million for the nine months ended September 30, 2019, consistent with $67.6 million for the 2018 period. Letter of Credit and Revolving Credit Facilities In September 2019, Watford entered into an unsecured letter of credit agreement. Watford has access to a $100 million letter of credit facility expiring on September 20, 2020. The Company does not guarantee or provide credit support for Watford, and the Company’s financial exposure to Watford is limited to its investment in Watford’s senior notes, common and preferred shares and counterparty credit risk (mitigated by collateral) arising from the reinsurance transactions.