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Segment Information - Statement of earnings by segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Segment Reporting Information [Line Items]        
Gross premiums written $ 2,783,603 $ 2,739,350 $ 10,811,152 $ 8,375,845
Net premiums written 2,135,658 2,091,028 7,926,536 6,060,608
Net premiums earned 2,434,037 2,423,552 7,320,859 5,839,605
Net losses and loss expenses [1] 1,497,678 1,486,864 4,522,968 3,449,354
Acquisition costs [1] 403,888 409,173 1,227,675 904,486
Operating expenses [2] 370,279 422,867 1,138,296 1,038,579
Underwriting profit (loss) 162,192 104,648 431,920 447,186
Net results from structured products [3] 7,708 4,437 11,737 14,719
Net fee income and other [4] (3,271) (4,420) (8,324) (12,292)
Loss (gain) on sale of subsidiary (3,670) 0 (3,670) 0
Net realized gains (losses) on investments 143,676 51,407 341,043 154,265
Net realized and unrealized gains (losses) on derivative instruments 5,490 (7,903) 2,774 57,127
Net income (loss) from investment fund affiliates and operating affiliates 24,566 4,481 67,234 103,317
Gain on sale of operating affiliate 0 0 0 340,407
Exchange (gains) losses (1,695) 11,661 (54,614) 49,425
Corporate operating expenses 126,308 135,500 372,003 328,930
Contribution from P&C and Corporate and Other 189,451 88,927 431,413 1,220,212
Interest expense [5] 43,025 40,798 128,371 121,317
Non-controlling interests 58,076 57,889 124,263 100,158
Income tax 17,749 (37,042) 42,511 20,135
Net income (loss) attributable to ordinary shareholders 70,601 27,282 136,268 978,602
Corporate and Other        
Segment Reporting Information [Line Items]        
Gross premiums written [6] 64,683 80,208 202,139 234,602
Net premiums written [6] 2,360 17,812 9,032 50,576
Net premiums earned [6] 2,360 17,812 9,032 50,576
Net losses and loss expenses [1],[6] 5,875 22,579 16,294 64,047
Acquisition costs [1],[6] 1,002 4,729 4,286 8,230
Operating expenses [2],[6] 142 (26) 765 846
Underwriting profit (loss) [6] (4,659) (9,470) (12,313) (22,547)
Net results from structured products [3],[6] 0 0 0 0
Net fee income and other [4],[6] 595 254 1,068 432
Loss (gain) on sale of subsidiary (3,670)   (3,670)  
Net realized and unrealized gains (losses) on derivative instruments [6] 5,490 (7,903) 2,774 57,127
Net income (loss) from investment fund affiliates and operating affiliates [6] 24,566 4,481 67,234 103,317
Gain on sale of operating affiliate [6]       340,407
Exchange (gains) losses [6] (1,695) 11,661 (54,614) 49,425
Corporate operating expenses [6] 126,308 135,500 372,003 328,930
Contribution from P&C and Corporate and Other [6] (190,290) (177,495) (538,703) 303,644
Interest expense [5],[6] 43,025 40,798 128,371 121,317
Non-controlling interests [6] 58,076 57,889 124,263 100,158
Income tax [6] 17,749 (37,042) 42,511 20,135
Excluding Life Funds Withheld Assets        
Segment Reporting Information [Line Items]        
Net investment income [7] 156,706 162,992 470,537 466,302
Net realized gains (losses) on investments 58,395 (201) 69,447 8,752
Excluding Life Funds Withheld Assets | Corporate and Other        
Segment Reporting Information [Line Items]        
Net investment income [6],[7] 8,127 10,254 24,185 31,295
Net realized gains (losses) on investments [6] (2,006) (4) (7,742) (1,081)
Life Funds Withheld Assets        
Segment Reporting Information [Line Items]        
Net investment income 38,937 46,586 119,643 143,869
Net realized gains (losses) on investments 85,281 51,608 271,596 145,513
Net realized and unrealized gains (losses) on derivative instruments (225,610) (126,140) (691,432) (116,333)
Life Funds Withheld Assets | Corporate and Other        
Segment Reporting Information [Line Items]        
Net investment income [6] 38,937 46,586 119,643 143,869
Net realized gains (losses) on investments [6] 85,213 51,608 271,599 145,513
Net realized and unrealized gains (losses) on derivative instruments [6] (225,610) (126,140) (691,432) (116,333)
Life Funds Withheld Assets | Total P&C        
Segment Reporting Information [Line Items]        
Net realized gains (losses) on investments 68 0 (3)  
Operating Segments [Member] | Total P&C        
Segment Reporting Information [Line Items]        
Gross premiums written 2,718,920 2,659,142 10,609,013 8,141,243
Net premiums written 2,133,298 2,073,216 7,917,504 6,010,032
Net premiums earned 2,431,677 2,405,740 7,311,827 5,789,029
Net losses and loss expenses [1] 1,491,803 1,464,285 4,506,674 3,385,307
Acquisition costs [1] 402,886 404,444 1,223,389 896,256
Operating expenses [2] 370,137 422,893 1,137,531 1,037,733
Underwriting profit (loss) 166,851 114,118 444,233 469,733
Net results from structured products [3] 7,708 4,437 11,737 14,719
Net fee income and other [4] (3,866) (4,674) (9,392) (12,724)
Net realized and unrealized gains (losses) on derivative instruments 0 0 0  
Contribution from P&C and Corporate and Other $ 379,741 $ 266,422 $ 970,116 $ 916,568
Ratios - P&C operations        
Loss and loss expense ratio [8] 61.30% 60.90% 61.60% 58.50%
Underwriting expense ratio [8] 31.80% 34.40% 32.30% 33.40%
Combined ratio [8] 93.10% 95.30% 93.90% 91.90%
Operating Segments [Member] | Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written $ 2,153,379 $ 2,200,196 $ 7,169,363 $ 6,074,387
Net premiums written 1,615,132 1,664,562 4,899,258 4,155,442
Net premiums earned 1,653,461 1,632,988 4,944,055 4,008,200
Net losses and loss expenses [1] 1,068,268 1,037,727 3,163,599 2,551,044
Acquisition costs [1] 221,137 214,773 679,009 476,876
Operating expenses [2] 302,373 334,211 922,273 834,829
Underwriting profit (loss) 61,683 46,277 179,174 145,451
Net results from structured products [3] 2,353 3,328 6,340 9,634
Net fee income and other [4] $ (4,486) $ (5,207) $ (12,097) $ (14,705)
Ratios - P&C operations        
Loss and loss expense ratio [8] 64.60% 63.50% 64.00% 63.60%
Underwriting expense ratio [8] 31.70% 33.70% 32.40% 32.80%
Combined ratio [8] 96.30% 97.20% 96.40% 96.40%
Operating Segments [Member] | Reinsurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written $ 565,541 $ 458,946 $ 3,439,650 $ 2,066,856
Net premiums written 518,166 408,654 3,018,246 1,854,590
Net premiums earned 778,216 772,752 2,367,772 1,780,829
Net losses and loss expenses [1] 423,535 426,558 1,343,075 834,263
Acquisition costs [1] 181,749 189,671 544,380 419,380
Operating expenses [2] 67,764 88,682 215,258 202,904
Underwriting profit (loss) 105,168 67,841 265,059 324,282
Net results from structured products [3] 5,355 1,109 5,397 5,085
Net fee income and other [4] $ 620 $ 533 $ 2,705 $ 1,981
Ratios - P&C operations        
Loss and loss expense ratio [8] 54.40% 55.20% 56.70% 46.80%
Underwriting expense ratio [8] 32.10% 36.00% 32.10% 35.00%
Combined ratio [8] 86.50% 91.20% 88.80% 81.80%
Operating Segments [Member] | Excluding Life Funds Withheld Assets | Total P&C        
Segment Reporting Information [Line Items]        
Net investment income [7] $ 148,579 $ 152,738 $ 446,352 $ 435,007
Net realized gains (losses) on investments $ 60,401 $ (197) $ 77,189 $ 9,833
[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 $40.9 million and $29.1 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.