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Related-Party Transactions (Tables)
3 Months Ended
Mar. 31, 2016
Related-Party Transactions [Abstract]  
Amendments To The Share Repurchase Program For The Common Shares Approved For Repurchase
     
 Common Shares
     
 Authorized for
Amendment Date
 
 Repurchase
(Dollars in thousands)
 
09/21/2004
   
 5,000,000
07/21/2008
   
 5,000,000
02/24/2010
   
 5,000,000
02/22/2012
   
 5,000,000
05/15/2013
   
 5,000,000
11/19/2014
   
 5,000,000
     
 30,000,000
Dividends Received On Common Shares Reported As Net Investment Income
   
Three Months Ended
 
   
March 31,
 
(Dollars in thousands)
 
2016
   
2015
 
Dividends received on Parent shares
 
$
-
   
$
9,234
 
Dividends received on preferred stock of affiliate
   
7,758
     
-
 
Expenses Incurred By Holdings From Services Provided By Affiliated Company
   
Three Months Ended
 
   
March 31,
 
(Dollars in thousands)
 
2016
   
2015
 
Expenses incurred
 
$
21,170
   
$
18,363
 
Affiliated Quota Share Reinsurance Agreements For All New And Renewal Business For The Indicated Coverage Period
(Dollars in thousands)
                                 
       
Percent
   
Assuming
     
Single
     
Aggregate
   
Coverage Period
 
Ceding Company
 
Ceded
   
Company
 
Type of Business
 
Occurrence Limit
     
Limit
   
                                   
01/01/2002-12/31/2002
 
Everest Re
    20.0 %  
Bermuda Re
 
property / casualty business
  $ -       $ -    
                                         
01/01/2003-12/31/2003
 
Everest Re
    25.0 %  
Bermuda Re
 
property / casualty business
    -         -    
                                         
01/01/2004-12/31/2005
 
Everest Re
    22.5 %  
Bermuda Re
 
property / casualty business
    -         -    
    Everest Re     2.5 %   Everest International   property / casualty business     -         -    
                                         
01/01/2006-12/31/2006
 
Everest Re
    18.0 %  
Bermuda Re
 
property business
    125,000   (1)     -    
    Everest Re     2.0 %   Everest International   property business     -         -    
                                         
01/01/2006-12/31/2007
 
Everest Re
    31.5 %  
Bermuda Re
 
casualty business
    -         -    
    Everest Re     3.5 %   Everest International   casualty business     -         -    
                                         
01/01/2007-12/31/2007
 
Everest Re
    22.5 %  
Bermuda Re
 
property business
    130,000   (1)     -    
    Everest Re     2.5 %   Everest International   property business     -         -    
                                         
01/01/2008-12/31/2008
 
Everest Re
    36.0 %  
Bermuda Re
 
property / casualty business
    130,000   (1)     275,000   (2)
    Everest Re     4.0 %   Everest International   property / casualty business     -         -    
                                         
01/01/2009-12/31/2009
 
Everest Re
    36.0 %  
Bermuda Re
 
property / casualty business
    150,000   (1)     325,000   (2)
    Everest Re     8.0 %   Everest International   property / casualty business     -         -    
                                         
01/01/2010-12/31/2010
 
Everest Re
    44.0 %  
Bermuda Re
 
property / casualty business
    150,000         325,000    
                                         
01/01/2011-12/31/2011
 
Everest Re
    50.0 %  
Bermuda Re
 
property / casualty business
    150,000         300,000    
                                         
01/01/2012-12/31/2014
 
Everest Re
    50.0 %  
Bermuda Re
 
property / casualty business
    100,000         200,000    
                                         
01/01/2015   Everest Re     50.0 %   Bermuda Re   property / casualty business     162,500         325,000    
                                       
01/01/2003-12/31/2006
 
Everest Re- Canadian Branch
    50.0 %  
Bermuda Re
 
property business
    -         -    
01/01/2007-12/31/2009
 
Everest Re- Canadian Branch
    60.0 %  
Bermuda Re
 
property business
    -         -    
01/01/2010-12/31/2010
 
Everest Re- Canadian Branch
    60.0 %  
Bermuda Re
 
property business
    350,000   (3)     -    
01/01/2011-12/31/2011
 
Everest Re- Canadian Branch
    60.0 %  
Bermuda Re
 
property business
    350,000   (3)     -    
01/01/2012-12/31/2012
 
Everest Re- Canadian Branch
    75.0 %  
Bermuda Re
 
property / casualty business
    206,250   (3)     412,500   (3)
01/01/2013-12/31/2013
 
Everest Re- Canadian Branch
    75.0 %  
Bermuda Re
 
property / casualty business
    150,000   (3)     412,500   (3)
01/01/2014    Everest Re- Canadian Branch     75.0 %   Bermuda Re   property / casualty business      262,500   (3)     412,500   (3)
 
01/01/2012
 
Everest Canada
    80.0 %  
Everest Re- Canadian Branch
 
property business
    -         -    
 
(1)
 The single occurance limit is applied before the loss cessions to either Bermuda Re or Everest International.
(2)
 The aggregate limit is applied before the loss cessions to either Bermuda Re or Everest International.
(3)
 Amounts shown are Canadian dollars.
 
Loss Portfolio Transfer Reinsurance Agreements, Net Insurance Exposures And Reserves Were Transferred To An Affiliate
Effective
 
Transferring
 
Assuming
 
% of Business or
 
Covered Period
Date
 
Company
 
Company
 
Amount of Transfer
 
of Transfer
                     
09/19/2000
 
Mt. McKinley
 
Bermuda Re
   
100
%
 
All years
10/01/2001
 
Everest Re  (Belgium Branch)
 
Bermuda Re
   
100
%
 
All years
10/01/2008
 
Everest Re
 
Bermuda Re
 
$
747,022
   
01/01/2002-12/31/2007
Premiums And Losses Ceded By The Company To Affiliate
   
Three Months Ended
Bermuda Re
 
March 31,
(Dollars in thousands)
 
2016
   
2015
 
Ceded written premiums
 
$
516,683
   
$
539,033
 
Ceded earned premiums
   
538,953
     
554,051
 
Ceded losses and LAE (a)
   
290,476
     
295,131
 



   
Three Months Ended
Everest International
 
March 31,
(Dollars in thousands)
 
2016
   
2015
 
Ceded written premiums
 
$
(31
)
 
$
(2
)
Ceded earned premiums
   
(24
)
   
41
 
Ceded losses and LAE
   
142
     
(822
)



   
Three Months Ended
Everest Canada
 
March 31,
(Dollars in thousands)
 
2016
   
2015
 
Assumed written premiums
 
$
10,199
   
$
6,664
 
Assumed earned premiums
   
10,454
     
8,699
 
Assumed losses and LAE
   
6,987
     
4,729
 



   
Three Months Ended
Lloyd's Syndicate 2786
 
March 31,
(Dollars in thousands)
 
2016
   
2015
 
Assumed written premiums
 
$
696
   
$
-
 
Assumed earned premiums
   
88
     
-
 
Assumed losses and LAE
   
-
     
-
 
 
(a) Ceded losses and LAE include the Mt. McKinley loss portfolio transfer that constitutes losses ceded under retroactive reinsurance and therefore, in accordance with FASB guidance, amortization of deferred gain on retroactive reinsurance is reflected in other income on the consolidated statements of operations and comprehensive income (loss). Upon the sale of Mt. McKinley, the value of the remaining deferred gain on retroactive reinsurance was included in the calculation of the realized gain on sale of subsidiary.
 
   
Three Months Ended
Mt. Logan Re Segregated Accounts
 
March 31,
(Dollars in thousands)
 
2016
   
2015
 
Ceded written premiums
 
$
40,931
   
$
61,670
 
Ceded earned premiums
   
34,872
     
38,683
 
Ceded losses and LAE
   
9,098
     
8,314
 
                 
Assumed written premiums
   
3,560
     
3,984
 
Assumed earned premiums
   
3,560
     
3,984
 
Assumed losses and LAE
   
-
     
-