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Schedule IV - Reinsurance
12 Months Ended
Dec. 31, 2015
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]  
Schedule IV - Reinsurance
SCHEDULE IV
REINSURANCE
FOR THE YEARS ENDED DECEMBER 31, 2015, 2014 AND 2013
(U.S. dollars in thousands)
Gross
Amount
 
Ceded
to Other
Companies
 
Assumed
from Other
Companies
 
Net
Amount
 
Percentage
of Amount
Assumed
to Net
2015
 
 
 
 
 
 
 
 
 
Life reinsurance in force (1)
$

 
$
62,290,992

 
$
63,158,304

 
$
867,312

 
N/M

Premiums Earned:
 
 
 
 
 
 
 
 
 
Property and casualty operations
$
7,717,173

 
$
3,018,410

 
$
3,465,421

 
$
8,164,184

 
42.4
%
Life operations

 
247,675

 
309,916

 
62,241

 
497.9
%
Total premiums earned
$
7,717,173

 
$
3,266,085

 
$
3,775,337

 
$
8,226,425

 
45.9
%
2014
 
 
 
 
 
 
 
 
 
Life reinsurance in force (1)
$

 
$
46,947,677

 
$
68,854,340

 
$
21,906,663

 
314.3
%
Premiums Earned:
 
 
 
 
 
 
 
 
 
Property and casualty operations
$
5,173,403

 
$
1,799,294

 
$
2,343,329

 
$
5,717,438

 
41.0
%
Life operations

 
155,804

 
333,436

 
177,632

 
187.7
%
Total premiums earned
$
5,173,403

 
$
1,955,098

 
$
2,676,765

 
$
5,895,070

 
45.4
%
2013
 
 
 
 
 
 
 
 
 
Life reinsurance in force (1)
$

 
$
378,391

 
$
77,917,632

 
$
77,539,241

 
100.5
%
Premiums Earned:
 
 
 
 
 
 
 
 
 
Property and casualty operations
$
4,966,207

 
$
1,315,369

 
$
2,363,261

 
$
6,014,099

 
39.3
%
Life operations

 
28,920

 
324,342

 
295,422

 
109.8
%
Total premiums earned
$
4,966,207

 
$
1,344,289

 
$
2,687,603

 
$
6,309,521

 
42.6
%
____________
(1)
Represents the sum face value outstanding of the in force life reinsurance policies.
*
N/M - Not Meaningful