2020 Q2 Form 10-Q Financial Statement

#000109507320000035 Filed on August 10, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $2.245B $2.009B
YoY Change 11.74% 6.66%
Cost Of Revenue $1.407B $1.095B
YoY Change 28.54% -18.39%
Gross Profit $837.5M $914.1M
YoY Change -8.38% 68.65%
Gross Profit Margin 37.31% 45.51%
Selling, General & Admin $475.0M $428.5M
YoY Change 10.85% 9.87%
% of Gross Profit 56.72% 46.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.840B $1.628B
YoY Change 13.04% -10.77%
Operating Profit -$1.003B -$713.8M
YoY Change 40.47% -44.34%
Interest Expense $7.253M $8.434M
YoY Change -14.0% 9.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $237.1M $372.3M
YoY Change -36.33% 627.89%
Income Tax $46.19M $39.48M
% Of Pretax Income 19.48% 10.6%
Net Earnings $190.9M $332.9M
YoY Change -42.66% 447.6%
Net Earnings / Revenue 8.5% 16.57%
Basic Earnings Per Share $4.78 $8.17
Diluted Earnings Per Share $4.77 $8.15
COMMON SHARES
Basic Shares Outstanding 39.45M shares 40.28M shares
Diluted Shares Outstanding 39.52M shares 40.40M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $922.5M $661.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $152.0M $70.00M
YoY Change 117.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.816B $1.669B
YoY Change 8.85% -90.51%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $28.58B $26.34B
YoY Change 8.52% 10.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $166.0M $80.00M
YoY Change 107.5% 2566.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $256.0M $226.0M
YoY Change 13.27% 289.66%
LONG-TERM LIABILITIES
Long-Term Debt $621.0M $634.0M
YoY Change -2.05% 0.0%
Other Long-Term Liabilities $533.0M $263.0M
YoY Change 102.66% -32.56%
Total Long-Term Liabilities $1.154B $897.0M
YoY Change 28.65% -12.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $256.0M $226.0M
Total Long-Term Liabilities $1.154B $897.0M
Total Liabilities $19.30B $17.50B
YoY Change 10.25% 11.88%
SHAREHOLDERS EQUITY
Retained Earnings $10.38B $10.10B
YoY Change 2.77%
Common Stock $696.0K $694.0K
YoY Change 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.622B $3.422B
YoY Change 5.84%
Treasury Stock Shares 29.64M shares 28.67M shares
Shareholders Equity $9.286B $8.837B
YoY Change
Total Liabilities & Shareholders Equity $28.58B $26.34B
YoY Change 8.52% 10.28%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $190.9M $332.9M
YoY Change -42.66% 447.6%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $598.6M $393.7M
YoY Change 52.04% -724.92%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$370.8M -$257.6M
YoY Change 43.94% -547.22%
Cash From Investing Activities -$370.8M -$257.6M
YoY Change 43.94% -547.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -121.8M -65.00M
YoY Change 87.38% -17.93%
NET CHANGE
Cash From Operating Activities 598.6M 393.7M
Cash From Investing Activities -370.8M -257.6M
Cash From Financing Activities -121.8M -65.00M
Net Change In Cash 106.0M 71.10M
YoY Change 49.09% -184.04%
FREE CASH FLOW
Cash From Operating Activities $598.6M $393.7M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Earnings Per Share Basic
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EarningsPerShareDiluted
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us-gaap Profit Loss
ProfitLoss
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us-gaap Increase Decrease In Future Policy Benefit Reserves
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us-gaap Increase Decrease In Unearned Premiums
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us-gaap Increase Decrease In Unearned Premiums
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us-gaap Increase Decrease In Reinsurance Payables
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us-gaap Increase Decrease In Reinsurance Payables
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re Increase Decrease In Losses In Course Of Payment
IncreaseDecreaseInLossesInCourseOfPayment
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Realized Investment Gains Losses
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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InterestPaidNet
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us-gaap Nature Of Operations
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<p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-weight: bold; font-size: 10.00pt">1. GENERAL</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">Everest Re Group, Ltd. (“Group”), a Bermuda company, through its subsidiaries, principally provides reinsurance and insurance in the U.S., Bermuda and international markets. As used in this document, “Company” means Group and its subsidiaries.</span></p>
us-gaap Basis Of Accounting
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<p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-weight: bold; font-size: 10.00pt">2. BASIS OF PRESENTATION</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">The unaudited interim consolidated financial statements of the Company as of June 30, 2020 and December 31, 2019 and for the three and six months ended June 30, 2020 and 2019 include all adjustments, consisting of normal recurring accruals, which, in the opinion of management, are necessary for a fair statement of the results on an interim basis. Certain financial information, which is normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), has been omitted since it is not required for interim reporting purposes. The December 31, 2019 consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. The results for the three and six months ended June 30, 2020 and 2019 are not necessarily indicative of the results for a full year. These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the years ended December 31, 2019, 2018 and 2017 included in the Company’s most recent Form 10-K filing.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">The Company consolidates the results of operations and financial position of all voting interest entities ("VOE") in which the Company has a controlling financial interest and all variable interest entities ("VIE") in which the Company is considered to be the primary beneficiary. The consolidation assessment, including the determination as to whether an entity qualifies as a VIE or VOE, depends on the facts and circumstance surrounding each entity. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (and disclosure of contingent assets and liabilities) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Ultimate actual results could differ, possibly materially, from those estimates. This is particularly true given the fluid and continuing nature of the COVID-19 pandemic. This is an ongoing event and so is the Company’s evaluation and analysis. While the Company’s analysis considers all aspects of its operations, it does not take into account legal, regulatory or legislative intervention that could retroactively mandate or expand coverage provisions. Given the uncertainties in the current public health and economic environment, there could be an adverse impact on results for the Property &amp; Casualty industry and the Company for the remainder of the year. The impact is dependent on the shape and length of the economic recovery.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">With recent changes in executive management and organizational structure, the Company manages its reinsurance and insurance operations as autonomous units and key strategic decisions are based on the aggregate operating results and projections for these segments of business. Accordingly, effective January 1, 2020, the Company revised it reporting segments to Reinsurance Operations and Insurance Operations. This replaces the previous reported segments of U.S. Reinsurance, International (reinsurance), Bermuda (reinsurance) and Insurance. The prior year presented segment information has been reformatted to reflect this change. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">All intercompany accounts and transactions have been eliminated. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">Certain reclassifications and format changes have been made to prior years’ amounts to conform to the 2020 presentation. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt; text-decoration: underline">Application of Recently Issued Accounting Standard Changes. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Accounting for Income Taxes</span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">. In December 2019, The Financial Accounting Standards Board (“FASB”) issued ASU 2019-12, which provides simplification of existing guidance for income taxes, including the removal of certain exceptions related to recognition of deferred tax liabilities on foreign subsidiaries. The guidance is effective for annual reporting periods beginning after December 15, 2020 and interim periods within that annual reporting period. The Company is currently evaluating the impact of the adoption of ASU 2019-12 on its financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Simplification of Disclosure Requirements. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In August 2018, the Securities and Exchange Commission (“SEC”) issued Final Rule Release #33-10532 (“the Rule”) which addresses the simplification of the SEC’s disclosure requirements for quarterly and annual financial reports. The main changes addressed by the Rule that are applicable to the Company are 1) elimination of the requirement to disclose dividend per share information on the face of the Statements of Operations and Comprehensive Income (Loss) and 2) a new requirement to disclose changes in equity by line item with subtotals for each interim reporting period on the Statements of Changes in Shareholders’ Equity. The Rule became effective for all financial reports filed after November 5, 2018 (30 days after its publication in the Federal Register), except for the additional requirement for the Statements of Changes in Shareholders’ Equity which was to be implemented for first quarter 2019 reporting. The Company has adopted the portions of the Rule that became effective November 5, 2018. The portion of the Rule related to the new requirement for the Statements of Changes in Shareholders’ Equity was adopted by the Company in the first quarter of 2019.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Accounting for Cloud Computing Arrangement. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In August 2018, FASB issued ASU 2018-15, which outlines accounting for implementation costs of a cloud computing arrangement that is a service contract. This guidance requires that implementation costs of a cloud computing arrangement that is a service contract must be capitalized and expensed in accordance with the existing provisions provided in Subtopic 350-40 regarding development of internal use software. In addition, any capitalized implementation costs should be amortized over the term of the hosting arrangement. The guidance is effective for annual reporting periods beginning after December 15, 2019 and interim periods within that annual reporting period. The Company adopted the guidance as of January 1, 2020. The adoption of ASU 2018-15 did not have a material impact on the Company’s financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-top: 3.00pt; margin-bottom: 3.00pt; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Accounting for Long Duration Contracts. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In August 2018, FASB issued ASU 2018-12, which discusses changes to the recognition, measurement and presentation of long duration contracts. The main provisions of this guidance address the following: 1) In determining liability for future policy benefits, companies must review cash flow assumptions at least annually and the discount rate assumption at each reporting period date 2) Amortization of deferred acquisition costs has been simplified to be in constant level proportion to either premiums, gross profits or gross margins 3) Disaggregated roll forwards of beginning and ending liabilities for future policy benefits are required. The guidance was originally effective for annual reporting periods beginning after December 15, 2020 and interim periods within that annual reporting period. However, FASB issued ASU 2019-09 in November 2019 which defers the effective date of ASU 2018-12 until annual reporting periods beginning after December 15, 2021. The Company is currently evaluating the impact of the adoption of ASU 2018-12 on its financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-top: 3.00pt; margin-bottom: 3.00pt; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Accounting for Impact on Income Taxes due to Tax Reform. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In December 2017, the SEC issued Staff Accounting Bulletin (“SAB”) 118 which provides guidance on the application of FASB Accounting Standards Codification (“ASC”) Topic 740, Income Taxes, due to the enactment of TCJA. SAB 118 became effective upon release. The Company has adopted the provisions of SAB 118 with respect to measuring the tax effects for the modifications to the determination of tax basis loss reserves. In 2018, the Company recorded adjustments to the amount of</span></p><p style="margin-top: 3.00pt; margin-bottom: 3.00pt; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">tax expense it recorded in 2017 with respect to the TCJA as estimated amounts were finalized, which did not have a material impact on the Company’s financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Amortization of Bond Premium. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In March 2017, FASB issued ASU 2017-08 which outlines guidance on the amortization period for premium on callable debt securities. The new guidance requires that the premium on callable debt securities be amortized through the earliest call date rather than through the maturity date of the callable security. The guidance is effective for annual and interim reporting periods beginning after December 15, 2018. The Company adopted the guidance effective January 1, 2019. The adoption of ASU 2017-08 did not have a material impact on the Company’s financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Valuation of Financial Instruments. </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">In June 2016, FASB issued ASU 2016-13 (and has subsequently issued related guidance and amendments in ASU 2019-11 and ASU 2019-10 in November 2019) which outline guidance on the valuation of and accounting for assets measured at amortized cost and available for sale debt securities. The carrying value of assets measured at amortized cost will now be presented as the amount expected to be collected on the financial asset (amortized cost less an allowance for credit losses valuation account). Available for sale debt securities will now record credit losses through an allowance for credit losses, which will be limited to the amount by which fair value is below amortized cost. The guidance is effective for annual and interim reporting periods beginning after December 15, 2019. The Company adopted the guidance effective January 1, 2020. The adoption resulted in a cumulative reduction of $</span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">4,214 thousand in retained earnings, which is disclosed separately within the Consolidated Statements of Shareholders’ Equity.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-style: italic; font-size: 10.00pt">Leases</span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">. In February 2016, FASB issued ASU 2016-02 (and subsequently issued ASU 2018-11 in July, 2018) which outline new guidance on the accounting for leases. The new guidance requires the recognition of lease assets and lease liabilities on the balance sheets for most leases that were previously deemed operating leases and required only lease expense presentation in the statements of operations. The guidance is effective for annual and interim reporting periods beginning after December 15, 2018. The Company adopted ASU 2016-02 effective January 1, 2019 and elected to utilize a cumulative-effect adjustment to the opening balance of retained earnings for the year of adoption. Accordingly, the Company’s reporting for the comparative periods prior to adoption continue to be presented in the financial statements in accordance with previous lease accounting guidance. The Company also elected to apply the package of practical expedients applicable to the Company in the updated guidance for transition for leases in effect at adoption. The Company did not elect the hindsight practical expedient to determine the lease term of existing leases (e.g. The Company did not re-assess lease renewals, termination options nor purchase options in determining lease terms). The adoption of the updated guidance resulted in the Company recognizing a right-of-use asset of $</span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">69,869 thousand as part of </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"><span style="-sec-ix-hidden: ID_aff3cc2555da4a4fb34e395da0c412f4">other assets</span> and a lease liability of $</span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">77,270 thousand as part of </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"><span style="-sec-ix-hidden: ID_06be25f202a24cfea45b54c67479e125">other liabilities</span> in the consolidated balance sheet at the time of adoption, as well as de-recognizing the liability for deferred rent that was required under the previous guidance. The cumulative effect adjustment to the opening balance of retained earnings was </span><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">zero. The adoption of the updated guidance did not have a material effect on the Company’s results of operations or liquidity. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt">Any issued guidance and pronouncements, other than those directly referenced above, are deemed by the Company to be either not applicable or immaterial to its financial statements.</span></p>
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
69869000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
77270000 USD
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-18225000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-21525000 USD
CY2019Q2 us-gaap Revenues
Revenues
2008727000 USD
us-gaap Revenues
Revenues
3974563000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
372345000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
786889000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39477000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
99470000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
332868000 USD
us-gaap Profit Loss
ProfitLoss
687419000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
504077000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1105074000 USD
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.88
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.82
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
8836817000 USD
us-gaap Profit Loss
ProfitLoss
687419000 USD
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
174583000 USD
us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
55421000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-180126000 USD
CY2020Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
16392238000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
16392238000 USD
CY2020Q2 re Available For Sale Securities Debt Securities Market Value
AvailableForSaleSecuritiesDebtSecuritiesMarketValue
17055259000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
16473491000 USD
CY2019Q4 re Available For Sale Securities Debt Securities Market Value
AvailableForSaleSecuritiesDebtSecuritiesMarketValue
16824944000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
614077000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
225767000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
337053000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
479417000 USD
CY2020Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
69581000 USD
CY2019Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29954000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
40557000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
52431000 USD
CY2019Q2 re Cumulative Other Than Temporary Impairment Adjustment Deferred Tax Benefit Expense
CumulativeOtherThanTemporaryImpairmentAdjustmentDeferredTaxBenefitExpense
77000 USD
re Cumulative Other Than Temporary Impairment Adjustment Deferred Tax Benefit Expense
CumulativeOtherThanTemporaryImpairmentAdjustmentDeferredTaxBenefitExpense
147000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
544496000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
195890000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
296496000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
427133000 USD
CY2020Q2 re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
48051000 USD
CY2019Q2 re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
188124000 USD
re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
200168000 USD
re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
333821000 USD
CY2020Q2 re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
2021000 USD
CY2019Q2 re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
1422000 USD
re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
10237000 USD
re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
7390000 USD
CY2020Q2 re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-303000 USD
CY2019Q2 re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-359000 USD
re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-514000 USD
re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-593000 USD
CY2020Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
49769000 USD
CY2019Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
189187000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
209891000 USD
CY2019Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
10159000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
24008000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
20614000 USD
CY2020Q2 us-gaap Investment Income Net
InvestmentIncomeNet
38083000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-3643000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-3643000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
25837000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
340618000 USD
CY2020Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
11686000 USD
CY2019Q2 us-gaap Investment Income Net
InvestmentIncomeNet
179028000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
185883000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
320004000 USD
CY2020Q2 re Additional Contractual Commitments
AdditionalContractualCommitments
1501536000 USD
CY2020Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
184648000 USD
CY2019Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
30272000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-25940000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
122504000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
21774000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
10960000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
32734000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
1082000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
1082000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-4336000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-4336000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
25837000 USD
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<table style="border-collapse: collapse; border: none; margin-bottom: 0.001pt; width: 100%; margin-left: 0.00pt"><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td colspan="5" style="vertical-align: bottom; width: 31%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: center"><p style="margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Six Months Ended</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td colspan="5" style="vertical-align: bottom; width: 31%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: center"><p style="margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">June 30,</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 7.00pt">(Dollars in thousands)</span></p></td><td colspan="2" style="vertical-align: bottom; width: 15%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: center"><p style="margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2020</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td colspan="2" style="vertical-align: bottom; width: 15%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: center"><p style="margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2019</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Gross reserves beginning of period</span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">$</span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">13,611,313</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">$</span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">13,119,090</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Less reinsurance recoverables</span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">(</span><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,640,712)</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">(</span><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,619,641)</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Net reserves beginning of period</span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">11,970,601</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">11,499,449</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Incurred related to:</span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Current year</span></p></td><td style="vertical-align: bottom; width: 2%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,835,129</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,135,335</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Prior years</span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,727</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">7,845</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Total incurred losses and LAE</span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,837,856</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,143,180</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Paid related to:</span></p></td><td style="vertical-align: bottom; width: 2%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Current year </span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">570,460</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">374,123</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Prior years</span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,579,931</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,598,544</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Total paid losses and LAE</span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">2,150,391</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,972,667</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.18in"><td style="vertical-align: bottom; width: 69%; padding-left: 6.75pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Foreign exchange/translation adjustment and cumulative adjustment due to adoption of ASU 2016-13</span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">(</span><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">74,372)</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">(</span><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">57,392)</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">Net reserves end of period</span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">12,583,694</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">11,612,570</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Plus reinsurance recoverables</span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,692,947</span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-bottom: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">1,636,918</span></p></td></tr><tr style="height: 0.08in"><td style="vertical-align: bottom; width: 69%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> Gross reserves end of period</span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">$</span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">14,276,641</span></p></td><td style="vertical-align: bottom; width: 1%; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 8.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; background: #CCEEFF; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">$</span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; border-bottom: solid #000000 0.5pt; padding-right: 2.25pt; background: #CCEEFF; padding-top: 0; padding-bottom: 0; padding-left: 0; text-align: right"><p style="margin-top: 0; margin-bottom: 0; text-align: right"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 8.00pt">13,249,488</span></p></td></tr><tr style="height: 0.03in"><td style="vertical-align: bottom; width: 69%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td><td style="vertical-align: bottom; width: 1%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td><td style="vertical-align: bottom; width: 2%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td><td style="vertical-align: bottom; width: 13%; border-top: solid #000000 0.5pt; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: 'Franklin Gothic Book'; font-size: 10.00pt"> </span></p></td></tr><tr style="height: 0.08in"><td colspan="6" style="vertical-align: bottom; width: 100%; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; text-align: left"><p style="margin-top: 0; margin-bottom: 0; text-align: left"><span style="color: #000000; font-family: 'Franklin Gothic Book'; font-size: 7.00pt">(Some amounts may not reconcile due to rounding.)</span></p></td></tr></table>
CY2019Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
13611313000 USD
CY2018Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
13119090000 USD
CY2019Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
1640712000 USD
CY2018Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
1619641000 USD
CY2019Q4 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
11970601000 USD
CY2018Q4 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
11499449000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
2835129000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
2135335000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
2727000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
7845000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
2135335000 USD
CY2005Q4 us-gaap Number Of Price Risk Derivatives Held
NumberOfPriceRiskDerivativesHeld
7 Item
CY2001Q4 us-gaap Number Of Price Risk Derivatives Held
NumberOfPriceRiskDerivativesHeld
7 Item
re Number Of Equity Indices
NumberOfEquityIndices
2 Item
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
2837856000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
2143180000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
570460000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
374123000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
1579931000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
1598544000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
2150391000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
1972667000 USD
us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
-74372000 USD
us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
-57392000 USD
CY2020Q2 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
12583694000 USD
CY2019Q2 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
11612570000 USD
CY2020Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
1692947000 USD
CY2019Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
1636918000 USD
CY2020Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
14276641000 USD
CY2019Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
13249488000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
2835129000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
9088000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5584000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
11869000 USD
CY2019Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
353000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-3504000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3584000 USD
CY2020Q2 re Public Equity Portfolio Fair Value Disclosure
PublicEquityPortfolioFairValueDisclosure
365554000 USD
CY2019Q4 re Public Equity Portfolio Fair Value Disclosure
PublicEquityPortfolioFairValueDisclosure
170888000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4431000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
949170000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
9088000 USD
CY2020Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5826000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
931457000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5584000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
190880000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
332868000 USD
us-gaap Profit Loss
ProfitLoss
207492000 USD
us-gaap Profit Loss
ProfitLoss
687419000 USD
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
61927000 USD
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
56999000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
125205000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
114136000 USD
CY2020Q2 us-gaap Undistributed Earnings
UndistributedEarnings
128953000 USD
CY2019Q2 us-gaap Undistributed Earnings
UndistributedEarnings
275869000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
82287000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
573283000 USD
CY2020Q2 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
CY2019Q2 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.989 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.989 pure
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
127233000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
272750000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
81224000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
567037000 USD
CY2020Q2 re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
61148000 USD
CY2019Q2 re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
56394000 USD
re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
123637000 USD
re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
112925000 USD
CY2020Q2 re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
188381000 USD
CY2019Q2 re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
329144000 USD
re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
204861000 USD
re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
679962000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39449000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
40277000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39827000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
40291000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
69000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
126000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
81000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
134000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39519000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40404000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39908000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40425000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.78
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.88
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.77
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.82
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39449000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40277000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39827000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40291000 shares
CY2020Q2 re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
39983000 shares
CY2019Q2 re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
40738000 shares
re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
40348000 shares
re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
40735000 shares
CY2020Q2 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
CY2019Q2 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.989 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.989 pure
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
639188000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
72300000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
566888000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
304606000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
35622000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
268984000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
199401000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
28192000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
171209000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
471106000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
53451000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
417655000 USD
re Line Of Credit Facilities Number Of Facilities
LineOfCreditFacilitiesNumberOfFacilities
2 Item
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
52175000 GBP
re Line Of Credit Facilities Number Of Facilities
LineOfCreditFacilitiesNumberOfFacilities
2 Item
CY2020Q2 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
332000 USD
CY2019Q2 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
105000 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
455000 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
210000 USD
CY2020Q2 re Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Percentage Of Admitted Assets Allowed For Borrowing Base
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumPercentageOfAdmittedAssetsAllowedForBorrowingBase
0.10 pure
CY2020Q2 re Federal Home Loan Bank Advances General Debt Obligations Disclosures Admitted Assets
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAdmittedAssets
13435683000 USD
CY2020Q2 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
1343568000 USD
CY2020Q2 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
0 USD
CY2020Q2 us-gaap Security Deposit
SecurityDeposit
1117338000 USD
CY2020Q2 us-gaap Ceded Premiums Written
CededPremiumsWritten
48522000 USD
CY2019Q2 us-gaap Ceded Premiums Written
CededPremiumsWritten
58887000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
158710000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
140450000 USD
CY2020Q2 re Ceded Earned Premiums
CededEarnedPremiums
71143000 USD
CY2019Q2 re Ceded Earned Premiums
CededEarnedPremiums
74315000 USD
re Ceded Earned Premiums
CededEarnedPremiums
161693000 USD
re Ceded Earned Premiums
CededEarnedPremiums
140640000 USD
CY2020Q2 re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
40936000 USD
CY2019Q2 re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
39366000 USD
re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
86051000 USD
re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
85415000 USD
CY2020Q2 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
2795000 USD
CY2019Q2 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
2724000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
5554000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
5033000 USD
CY2020Q2 re Assumed Earned Premiums
AssumedEarnedPremiums
2795000 USD
CY2019Q2 re Assumed Earned Premiums
AssumedEarnedPremiums
2724000 USD
re Assumed Earned Premiums
AssumedEarnedPremiums
5554000 USD
re Assumed Earned Premiums
AssumedEarnedPremiums
5033000 USD
CY2020Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
4868000 USD
CY2019Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
4868000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
9736000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
9736000 USD
us-gaap Debt Instrument Redemption Period End Date
DebtInstrumentRedemptionPeriodEndDate
2047-05-01
CY2020Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
2000000 USD
CY2019Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
3406000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
4539000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
6011000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
8258000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
6031000 USD
us-gaap Lease Cost
LeaseCost
16148000 USD
us-gaap Lease Cost
LeaseCost
11218000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10269000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
151653000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
161435000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
163690000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
169909000 USD
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4917000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4495000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
9836000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
8926000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0410 pure
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0391 pure
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18433000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20883000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20110000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19859000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
16868000 USD
CY2020Q2 re Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
119204000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
225626000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
61936000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
163690000 USD
CY2020Q2 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
50943000 USD
CY2019Q2 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
196886000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
79535000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
392574000 USD
CY2020Q2 us-gaap Net Investment Income
NetInvestmentIncome
38083000 USD
CY2019Q2 us-gaap Net Investment Income
NetInvestmentIncome
179028000 USD
us-gaap Net Investment Income
NetInvestmentIncome
185883000 USD
us-gaap Net Investment Income
NetInvestmentIncome
320004000 USD
CY2020Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
184648000 USD
CY2019Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
30272000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-25940000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
122504000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
11869000 USD
CY2019Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
353000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-3504000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3584000 USD
CY2020Q2 re Corporate Expenses
CorporateExpenses
8733000 USD
CY2019Q2 re Corporate Expenses
CorporateExpenses
7535000 USD
re Corporate Expenses
CorporateExpenses
18566000 USD
re Corporate Expenses
CorporateExpenses
14187000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
7253000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
8434000 USD
us-gaap Interest Expense
InterestExpense
14836000 USD
us-gaap Interest Expense
InterestExpense
16065000 USD
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-32490000 USD
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-18225000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-9127000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-21525000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
237067000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
372345000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
193445000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
786889000 USD

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