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Segment Information - Statement of earnings by segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Segment Reporting Information [Line Items]        
Gross premiums written $ 3,599,323 $ 3,081,135 $ 8,027,549 $ 5,636,495
Net premiums written 2,726,119 2,118,331 5,790,878 3,969,580
Net premiums earned 2,532,212 2,082,053 4,886,822 3,416,053
Net losses and loss expenses [1] 1,637,868 1,173,276 3,025,290 1,962,490
Acquisition costs [1] 420,520 341,617 823,787 495,313
Operating expenses [2] 376,133 363,829 768,017 615,712
Underwriting profit (loss) 97,691 203,331 269,728 342,538
Net results from structured products [3] 2,059 5,257 4,029 10,282
Net fee income and other [4] (2,330) (1,364) (5,053) (7,872)
Net realized gains (losses) on investments 104,617 49,967 197,367 102,858
Net realized and unrealized gains (losses) on derivative instruments 906 48,509 (2,716) 65,030
Net income (loss) from investment fund affiliates and operating affiliates 34,597 40,839 42,668 98,836
Gain on sale of operating affiliate 0 340,407 0 340,407
Exchange (gains) losses (19,100) 10,374 (52,919) 37,764
Corporate operating expenses 133,185 130,987 245,695 193,430
Contribution from P&C and Corporate and Other 95,026 991,915 241,962 1,131,285
Interest expense [5] 43,733 39,038 85,346 80,519
Non-controlling interests 5,044 4,879 66,187 42,269
Income tax 2,467 32,959 24,762 57,177
Net income (loss) attributable to ordinary shareholders 43,782 915,039 65,667 951,320
Corporate and Other        
Segment Reporting Information [Line Items]        
Gross premiums written [6] 68,545 79,443 137,456 154,394
Net premiums written [6] 3,508 18,258 6,672 32,764
Net premiums earned [6] 3,508 18,258 6,672 32,764
Net losses and loss expenses [1],[6] 5,482 22,081 10,419 41,468
Acquisition costs [1],[6] 1,823 1,684 3,284 3,501
Operating expenses [2],[6] 405 (59) 623 872
Underwriting profit (loss) [6] (4,202) (5,448) (7,654) (13,077)
Net results from structured products [3],[6] 0 0 0 0
Net fee income and other [4],[6] 171 46 473 178
Net realized and unrealized gains (losses) on derivative instruments [6] 906 48,509 (2,716) 65,030
Net income (loss) from investment fund affiliates and operating affiliates [6] 34,597 40,839 42,668 98,836
Gain on sale of operating affiliate [6]   340,407   340,407
Exchange (gains) losses [6] (19,100) 10,374 (52,919) 37,764
Corporate operating expenses [6] 133,185 130,987 245,695 193,430
Contribution from P&C and Corporate and Other [6] (188,944) 625,605 (348,413) 481,139
Interest expense [5],[6] 43,733 39,038 85,346 80,519
Non-controlling interests [6] 5,044 4,879 66,187 42,269
Income tax [6] 2,467 32,959 24,762 57,177
Excluding Life Funds Withheld Assets        
Segment Reporting Information [Line Items]        
Net investment income [7] 162,167 160,292 313,831 303,310
Net realized gains (losses) on investments 19,468 4,351 11,052 8,953
Excluding Life Funds Withheld Assets | Corporate and Other        
Segment Reporting Information [Line Items]        
Net investment income [6],[7] 7,525 10,831 16,058 21,041
Net realized gains (losses) on investments [6] (8,480) 128 (5,736) (1,077)
Life Funds Withheld Assets        
Segment Reporting Information [Line Items]        
Net investment income 39,146 46,864 80,706 97,283
Net realized gains (losses) on investments 85,149 45,616 186,315 93,905
Net realized and unrealized gains (losses) on derivative instruments (229,742) 239,174 (465,822) 9,807
Life Funds Withheld Assets | Corporate and Other        
Segment Reporting Information [Line Items]        
Net investment income [6] 39,146 46,864 80,706 97,283
Net realized gains (losses) on investments [6] 85,220 45,616 186,386 93,905
Net realized and unrealized gains (losses) on derivative instruments [6] (229,742) 239,174 (465,822) 9,807
Life Funds Withheld Assets | Total P&C        
Segment Reporting Information [Line Items]        
Net realized gains (losses) on investments (71) 0 (71)  
Operating Segments [Member] | Total P&C        
Segment Reporting Information [Line Items]        
Gross premiums written 3,530,778 3,001,692 7,890,093 5,482,101
Net premiums written 2,722,611 2,100,073 5,784,206 3,936,816
Net premiums earned 2,528,704 2,063,795 4,880,150 3,383,289
Net losses and loss expenses [1] 1,632,386 1,151,195 3,014,871 1,921,022
Acquisition costs [1] 418,697 339,933 820,503 491,812
Operating expenses [2] 375,728 363,888 767,394 614,840
Underwriting profit (loss) 101,893 208,779 277,382 355,615
Net results from structured products [3] 2,059 5,257 4,029 10,282
Net fee income and other [4] (2,501) (1,410) (5,526) (8,050)
Net realized and unrealized gains (losses) on derivative instruments 0 0 0  
Contribution from P&C and Corporate and Other $ 283,970 $ 366,310 $ 590,375 $ 650,146
Ratios - P&C operations        
Loss and loss expense ratio [8] 64.60% 55.80% 61.80% 56.80%
Underwriting expense ratio [8] 31.40% 34.10% 32.50% 32.70%
Combined ratio [8] 96.00% 89.90% 94.30% 89.50%
Operating Segments [Member] | Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written $ 2,512,012 $ 2,219,444 $ 5,015,984 $ 3,874,191
Net premiums written 1,780,192 1,401,772 3,284,126 2,490,880
Net premiums earned 1,696,720 1,412,906 3,290,594 2,375,212
Net losses and loss expenses [1] 1,095,739 896,370 2,095,331 1,513,317
Acquisition costs [1] 232,414 181,716 457,872 262,103
Operating expenses [2] 307,468 292,161 619,900 500,618
Underwriting profit (loss) 61,099 42,659 117,491 99,174
Net results from structured products [3] 2,765 3,401 3,987 6,306
Net fee income and other [4] $ (3,749) $ (2,033) $ (7,611) $ (9,498)
Ratios - P&C operations        
Loss and loss expense ratio [8] 64.60% 63.40% 63.70% 63.70%
Underwriting expense ratio [8] 31.80% 33.60% 32.70% 32.10%
Combined ratio [8] 96.40% 97.00% 96.40% 95.80%
Operating Segments [Member] | Reinsurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,018,766 $ 782,248 $ 2,874,109 $ 1,607,910
Net premiums written 942,419 698,301 2,500,080 1,445,936
Net premiums earned 831,984 650,889 1,589,556 1,008,077
Net losses and loss expenses [1] 536,647 254,825 919,540 407,705
Acquisition costs [1] 186,283 158,217 362,631 229,709
Operating expenses [2] 68,260 71,727 147,494 114,222
Underwriting profit (loss) 40,794 166,120 159,891 256,441
Net results from structured products [3] (706) 1,856 42 3,976
Net fee income and other [4] $ 1,248 $ 623 $ 2,085 $ 1,448
Ratios - P&C operations        
Loss and loss expense ratio [8] 64.50% 39.20% 57.80% 40.40%
Underwriting expense ratio [8] 30.60% 35.30% 32.10% 34.20%
Combined ratio [8] 95.10% 74.50% 89.90% 74.60%
Operating Segments [Member] | Excluding Life Funds Withheld Assets | Total P&C        
Segment Reporting Information [Line Items]        
Net investment income [7] $ 154,642 $ 149,461 $ 297,773 $ 282,269
Net realized gains (losses) on investments $ 27,948 $ 4,223 $ 16,788 $ 10,030
[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] The net results from P&C structured products include net investment income and interest expense of $26.7 million and $22.7 million, respectively.
[4] Net fee income and other includes operating expenses from the Company's loss prevention consulting services business.
[5] Interest expense excludes interest expense related to structured products recorded in the Insurance and Reinsurance segments.
[6] 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.
[7] Net investment income - excluding Life Funds Withheld Assets does not include net investment income related to the net results from structured products.
[8] Ratios are based on net premiums earned from P&C operations.