Senior notes payable and letter of credit facilities (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of credit facilities

As of September 30, 2016, the Company had entered into the following letter of credit facilities:

	Facility		Utilized		Collateral
September 30, 2016	($ in thousands)
BNP Paribas	$	50,000	$	17,990	$	17,990
Citibank	300,000		150,227		150,227
J.P. Morgan	50,000		8		8
Lloyds Bank (1)	125,000		27,032		27,032
	$	525,000	$	195,257	$	195,257

(1) In August 2016, the Lloyds Bank facility of $100.0 million with Third Point Re was terminated and two new facilities were entered into, $75.0 million with Third Point Re and $50.0 million with Third Point Re USA.