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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2014
Reinsurance Disclosures [Abstract]  
Schedule of effects of reinsurance on premiums written and earned and liability for claims and claims adjustment expense
The effect of retrocessional activity on net premiums written and earned and on net loss and LAE for the years ended December 31, 2014, 2013 and 2012 was as follows:
For the Year Ended December 31,
 
2014
 
2013
 
2012
Premiums written
 


 


 


Direct
 
$
48,565

 
$
104,976

 
$
122,412

Assumed
 
2,458,787

 
2,099,183

 
1,878,580

Ceded
 
(49,216
)
 
(107,858
)
 
(99,707
)
Net
 
$
2,458,136

 
$
2,096,301

 
$
1,901,285

Premiums earned
 


 


 


Direct
 
$
70,807

 
$
118,170

 
$
119,398

Assumed
 
2,253,750

 
1,994,225

 
1,780,745

Ceded
 
(72,814
)
 
(111,508
)
 
(96,363
)
Net
 
$
2,251,743

 
$
2,000,887

 
$
1,803,780

Loss and loss adjustment expenses
 


 


 


Gross loss and loss adjustment expenses
 
$
1,592,795

 
$
1,421,328

 
$
1,457,404

Loss and loss adjustment expenses ceded
 
(94,524
)
 
(71,698
)
 
(195,056
)
Net
 
$
1,498,271

 
$
1,349,630

 
$
1,262,348