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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule Of Underwriting Results For Operating Segments

   
Three Months Ended
   
Six Months Ended
 
U.S. Reinsurance
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2013
   
2012
   
2013
   
2012
 
Gross written premiums
  $ 418,367     $ 135,469     $ 853,158     $ 504,950  
Net written premiums
    215,839       68,162       433,462       255,387  
                                 
Premiums earned
  $ 199,254     $ 164,146     $ 396,199     $ 348,013  
Incurred losses and LAE
    137,099       103,495       238,293       213,244  
Commission and brokerage
    38,540       54,651       76,670       99,828  
Other underwriting expenses
    9,994       10,021       20,528       20,775  
Underwriting gain (loss)
  $ 13,621     $ (4,021 )   $ 60,708     $ 14,166  
 
 
 
   
Three Months Ended
   
Six Months Ended
 
International
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2013
   
2012
   
2013
   
2012
 
Gross written premiums
  $ 354,388     $ 349,717     $ 654,787     $ 630,178  
Net written premiums
    162,557       160,199       296,346       296,528  
                                 
Premiums earned
  $ 151,125     $ 157,015     $ 293,018     $ 304,808  
Incurred losses and LAE
    89,883       97,888       171,966       162,528  
Commission and brokerage
    31,156       36,978       59,263       68,740  
Other underwriting expenses
    7,667       6,546       15,597       13,286  
Underwriting gain (loss)
  $ 22,419     $ 15,603     $ 46,192     $ 60,254  
 
 
 
   
Three Months Ended
   
Six Months Ended
 
Insurance
 
June 30,
   
June 30,
 
(Dollars in thousands)
 
2013
   
2012
   
2013
   
2012
 
Gross written premiums
  $ 307,550     $ 247,693     $ 556,106     $ 454,942  
Net written premiums
    153,214       111,071       277,969       214,896  
                                 
Premiums earned
  $ 139,643     $ 117,309     $ 248,811     $ 219,360  
Incurred losses and LAE
    106,917       92,194       192,281       168,202  
Commission and brokerage
    5,669       1,736       7,554       12,288  
Other underwriting expenses
    26,623       24,532       51,681       46,552  
Underwriting gain (loss)
  $ 434     $ (1,153 )   $ (2,705 )   $ (7,682 )


Schedule Of Underwriting Results For Operating Segments To Income (Loss) Before Taxes
   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
 
(Dollars in thousands)
 
2013
   
2012
   
2013
   
2012
 
Underwriting gain (loss)
  $ 36,474     $ 10,429     $ 104,195     $ 66,738  
Net investment income
    81,736       74,206       158,605       155,448  
Net realized capital gains (losses)
    15,526       82,589       325,332       258,730  
Corporate expense
    (2,065 )     (1,732 )     (3,837 )     (3,298 )
Interest, fee and bond issue cost amortization expense
    (17,928 )     (12,683 )     (30,544 )     (25,379 )
Other income (expense)
    9,744       25,428       83       19,174  
Income (loss) before taxes
  $ 123,487     $ 178,237     $ 553,834     $ 471,413  
Schedule Of Gross Written Premium Derived From Largest Non-U.S. Market
   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
 
(Dollars in thousands)
 
2013
   
2012
   
2013
   
2012
 
Canada
  $ 35,436     $ 27,835     $ 75,582     $ 75,275