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Segment Information - Statement of earnings by segment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Segment Reporting Information [Line Items]                      
Gross premiums written                 $ 10,978,925 $ 8,094,926 $ 7,741,135
Net premiums written                 7,951,063 5,944,841 6,199,404
Net premiums earned                 8,226,425 5,895,070 6,309,521
Net losses and loss expenses                 4,882,197 [1] 3,501,356 4,197,166
Acquisition costs                 1,317,448 [1] 738,118 909,323
Operating expenses [2]                 1,439,371 1,069,689 957,841
Underwriting profit (loss)                 587,409 585,907 245,191
Net investment income [3]                     885,789
Net results from structured products                 17,991 [4] 54,209 [5] 23,791 [6]
Net fee income and other [7]                 (13,356) (6,891) (5,692)
Loss on sale of life reinsurance subsidiary                 0 666,423 0
Extinguishment of debt                 5,592 0 0
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments                 202,178 107,462 87,777
Net realized and unrealized (gains) losses on derivative instruments                 53,123 29,886 7,798
Net income (loss) from investment fund affiliates and operating affiliates                 118,060 203,034 258,195
Gain on sale of operating affiliate                 340,407 0 0
Exchange (gains) losses                 22,504 (37,568) (28,243)
Corporate operating expenses                 480,755 220,165 209,454
Contribution from P&C and Corporate and Other                 1,457,199 486,956 1,321,638
Interest expense                 163,021 121,221 [8] 107,486 [8]
Non-controlling interests                 106,187 80,498 76,731
Provision (benefit) for income tax                 (19,161) 96,897 77,505
Net income (loss) attributable to ordinary shareholders                 1,207,152 188,340 1,059,916
Exclude Life Funds Withheld Assets [Member]                      
Segment Reporting Information [Line Items]                      
Net investment income [3]                 624,440 721,016  
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments                 19,997 122,991  
Life Funds Withheld Assets [Member]                      
Segment Reporting Information [Line Items]                      
Net investment income                 187,489 129,575  
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments                 182,181 (15,529)  
Net realized and unrealized (gains) losses on derivative instruments                 (151,691) (488,222) 0
Corporate and other                      
Segment Reporting Information [Line Items]                      
Gross premiums written [9]                 309,916 333,436 324,343
Net premiums written [9]                 62,239 177,632 295,422
Net premiums earned [9]                 62,241 177,632 295,422
Net losses and loss expenses [9]                 115,997 [1] 242,963 465,702
Acquisition costs [9]                 10,794 [1] 14,115 26,665
Operating expenses [2],[9]                 1,232 10,693 8,926
Underwriting profit (loss) [9]                 (65,782) (90,139) (205,871)
Net investment income [3],[9]                     286,645
Net results from structured products [9]                 0 [4] 0 [5] 0 [6]
Net fee income and other [7],[9]                 622 360 1,305
Loss on sale of life reinsurance subsidiary [9]                   666,423  
Extinguishment of debt [9]                 5,592    
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments [9]                     1,985
Net realized and unrealized (gains) losses on derivative instruments [9]                 53,123 29,886 7,798
Net income (loss) from investment fund affiliates and operating affiliates [9]                 118,060 203,034 258,195
Gain on sale of operating affiliate                 340,407    
Exchange (gains) losses [9]                 22,504 (37,568) (28,243)
Corporate operating expenses [9]                 480,755 220,165 209,454
Contribution from P&C and Corporate and Other [9]                 201,538 (929,872) 168,846
Interest expense [8],[9]                 163,021 121,221 107,486
Non-controlling interests [9]                 106,187 80,498 76,731
Provision (benefit) for income tax [9]                 (19,161) 96,897 77,505
Corporate and other | Exclude Life Funds Withheld Assets [Member]                      
Segment Reporting Information [Line Items]                      
Net investment income [3],[9]                 40,569 146,558  
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments [9]                 5,411 3,625  
Corporate and other | Life Funds Withheld Assets [Member]                      
Segment Reporting Information [Line Items]                      
Net investment income                 187,489 [9] 129,575  
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments [9]                 182,181 (15,529)  
Net realized and unrealized (gains) losses on derivative instruments [9]                 (151,691) (488,222)  
Operating Segments [Member] | Total P And C Segment [Member]                      
Segment Reporting Information [Line Items]                      
Gross premiums written                 10,669,009 7,761,490 7,416,792
Net premiums written                 7,888,824 5,767,209 5,903,982
Net premiums earned $ 2,375,155 $ 2,405,740 $ 2,063,795 $ 1,319,494 $ 1,413,161 $ 1,453,673 $ 1,438,076 $ 1,412,528 8,164,184 5,717,438 6,014,099
Net losses and loss expenses                 4,766,200 [1] 3,258,393 3,731,464
Acquisition costs                 1,306,654 [1] 724,003 882,658
Operating expenses [2]                 1,438,139 1,058,996 948,915
Underwriting profit (loss) $ 183,458 $ 114,118 $ 208,779 $ 146,836 $ 218,850 $ 144,375 $ 167,947 $ 144,874 653,191 676,046 451,062
Net investment income [3]                     599,144
Net results from structured products                 17,991 [4] 54,209 [5] 23,791 [6]
Net fee income and other [7]                 (13,978) (7,251) (6,997)
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments                     85,792
Net realized and unrealized (gains) losses on derivative instruments                 0   0
Contribution from P&C and Corporate and Other                 $ 1,255,661 $ 1,416,828 $ 1,152,792
Ratios - P&C operations:                      
Loss and loss expense ratio [10]                 58.40% 57.00% 62.00%
Underwriting expense ratio [10]                 33.60% 31.20% 30.50%
Combined ratio [10]                 92.00% 88.20% 92.50%
Operating Segments [Member] | Total P And C Segment [Member] | Exclude Life Funds Withheld Assets [Member]                      
Segment Reporting Information [Line Items]                      
Net investment income [3]                 $ 583,871 $ 574,458  
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments                 14,586 119,366  
Operating Segments [Member] | Insurance Segment [Member]                      
Segment Reporting Information [Line Items]                      
Gross premiums written                 8,395,846 5,976,011 $ 5,523,181
Net premiums written                 5,859,934 4,134,151 4,154,093
Net premiums earned                 5,648,482 4,026,713 4,267,677
Net losses and loss expenses                 3,614,048 [1] 2,543,108 2,829,999
Acquisition costs                 704,364 [1] 393,319 529,270
Operating expenses [2]                 1,154,760 865,592 782,677
Underwriting profit (loss)                 175,310 224,694 125,731
Net results from structured products                 12,185 [4] 43,710 [5] 15,562 [6]
Net fee income and other [7]                 $ (16,936) $ (10,051) $ (9,317)
Ratios - P&C operations:                      
Loss and loss expense ratio [10]                 64.00% 63.20% 66.30%
Underwriting expense ratio [10]                 32.90% 31.20% 30.80%
Combined ratio [10]                 96.90% 94.40% 97.10%
Operating Segments [Member] | Reinsurance Segment [Member]                      
Segment Reporting Information [Line Items]                      
Gross premiums written                 $ 2,273,163 $ 1,785,479 $ 1,893,611
Net premiums written                 2,028,890 1,633,058 1,749,889
Net premiums earned                 2,515,702 1,690,725 1,746,422
Net losses and loss expenses                 1,152,152 [1] 715,285 901,465
Acquisition costs                 602,290 [1] 330,684 353,388
Operating expenses [2]                 283,379 193,404 166,238
Underwriting profit (loss)                 477,881 451,352 325,331
Net results from structured products                 5,806 [4] 10,499 [5] 8,229 [6]
Net fee income and other [7]                 $ 2,958 $ 2,800 $ 2,320
Ratios - P&C operations:                      
Loss and loss expense ratio [10]                 45.80% 42.30% 51.60%
Underwriting expense ratio [10]                 35.20% 31.00% 29.80%
Combined ratio [10]                 81.00% 73.30% 81.40%
[1] The Company has reflected the amortization of certain fair value adjustments recorded in conjunction with the Catlin Acquisition within the respective segments.
[2] Operating expenses of the segments exclude Corporate operating expenses, shown separately.
[3] Net investment income - excluding Life Funds Withheld Assets does not include net investment income related to the net results from structured products.
[4] The net results from P&C structured products include net investment income and interest expense of $60.4 million and $42.2 million, respectively.
[5] The net results from P&C structured products include net investment income and interest expense of $68.0 million and $12.9 million, respectively.
[6] The net results from P&C structured products include net investment income and interest expense of $71.9 million and $48.0 million, respectively.
[7] Net fee income and other includes operating expenses from the Company's loss prevention consulting services business.
[8] Interest expense excludes interest expense related to deposit liabilities recorded in the Insurance and Reinsurance segments.
[9] Corporate and Other includes other items of our revenue and expenditures that are not evaluated at the segment level for reporting purposes, as well as the Company's Run-Off Life Operations.
[10] Ratios are based on net premiums earned from P&C operations.