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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Statement of Cash Flows [Abstract]    
Net income (loss) $ (19,457) $ 236,609
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Share compensation expense 4,956 4,014
Net interest (income) expense on deposit liabilities (1,609) 1,472
Net realized and unrealized gain on investments and derivatives (32,373) (383,681)
Net Realized and Unrealized Gain (Loss) on Trading Securities, related party investment fund (1,926) 0
Net foreign exchange (gains) losses (4,215) 10,233
Amortization of premium and accretion of discount, net 2,674 (452)
Changes in assets and liabilities:    
Reinsurance balances receivable (87,911) (77,444)
Deferred acquisition costs, net 27,507 (1,473)
Unearned premiums ceded (15,723) (934)
Loss and loss adjustment expenses recoverable (463) (1,586)
Other assets (5,757) 8,218
Interest and dividends receivable, net (5,273) 769
Unearned premium reserves 43,815 58,299
Loss and loss adjustment expense reserves (107,325) (78,931)
Accounts payable and accrued expenses (22,761) 14,173
Reinsurance balances payable 29,624 11,462
Performance fee payable to related party 0 73,210
Net cash provided by operating activities 22,285 31,820
Investing activities    
Contributions to related party investment fund, including subscription receivable (1) (88,658) 0
Purchases of investments (3,235,659) (2,238,167)
Proceeds from sales and maturities of investments 3,222,239 2,536,688
Purchases of investments to cover short sales (853,798) (440,242)
Proceeds from short sales of investments 800,508 735,132
Change in due to/from brokers, net 471,352 (400,566)
Decrease in securities sold under an agreement to repurchase (29,618) 0
Net cash provided by investing activities 286,366 192,845
Financing activities    
Proceeds from issuance of Third Point Re common shares, net of costs 0 1,504
Taxes paid on withholding shares (74) 0
Purchases of Third Point Re common shares under share repurchase program (133,380) (40,864)
Increase in deposit liabilities, net 4,340 6,380
Change in total noncontrolling interests in related party, net (97,950) (16,780)
Net cash used in financing activities (227,064) (49,760)
Net increase in cash, cash equivalents and restricted cash 81,587 174,905
Cash, cash equivalents and restricted cash at beginning of period 549,333 308,891
Cash, cash equivalents and restricted cash at end of period 630,920 483,796
Supplementary information    
Interest paid in cash 25,391 17,551
Income taxes paid in cash 7,026 5,996
Non-cash transfer of net investment assets to the related party investment fund (1) $ 1,571,191 $ 0