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Statutory Requirements (Tables)

12 Months Ended

Dec. 31, 2019

The following is a summary of estimated actual and required statutory capital and surplus, based on the EBS framework, of Third Point Re BDA and Third Point Re USA as of December 31, 2019 and 2018:



	December 31, 2019		December 31, 2018
Actual statutory capital and surplus
Third Point Re BDA	$	1,298,596	$	1,043,357
Third Point Re USA	276,185		255,872
Required statutory capital and surplus
Third Point Re BDA	555,714		574,405
Third Point Re USA	$	112,601	$	100,000

The following is a summary of the statutory net income (loss) for Third Point Re and Third Point Re USA for the years ended December 31, 2019, 2018 and 2017:



	2019		2018			2017
Third Point Re BDA	$	214,227	$	(272,339	)	$	265,903
Third Point Re USA	$	9,016	$	(29,491	)	$	22,310

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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