2021 Q4 Form 10-Q Financial Statement

#000109507321000035 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $3.120B $2.925B $2.610B
YoY Change 1303.37% 12.08% 27.79%
Cost Of Revenue $2.274B $1.736B
YoY Change 30.99% 26.55%
Gross Profit $651.1M $874.0M
YoY Change -25.5% 30.33%
Gross Profit Margin 22.26% 33.48%
Selling, General & Admin $619.1M $582.2M $456.0M
YoY Change 17.93% 27.66% 1.0%
% of Gross Profit 89.41% 52.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.597B $2.998B $2.206B
YoY Change 1.8% 35.88% 13.62%
Operating Profit -$2.346B -$1.332B
YoY Change 76.15% 4.81%
Interest Expense -$23.36M -$15.54M $6.641M
YoY Change 57.86% -333.99% -16.01%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $500.1M -$87.72M $272.5M
YoY Change 318.81% -132.19% 192.96%
Income Tax $69.36M -$14.25M $29.45M
% Of Pretax Income 13.87% 10.81%
Net Earnings $430.7M -$73.47M $243.1M
YoY Change 577.2% -130.23% 132.82%
Net Earnings / Revenue 13.8% -2.51% 9.31%
Basic Earnings Per Share -$1.88 $6.08
Diluted Earnings Per Share $11.09M -$1.876M $6.07
COMMON SHARES
Basic Shares Outstanding 39.37M shares 39.16M shares 39.48M shares
Diluted Shares Outstanding 39.20M shares 39.56M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.441B $1.068B $938.9M
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 $149.0M
YoY Change 152.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.920B $2.855B $1.912B
YoY Change 45.09% 49.36% 11.4%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $38.19B $36.61B $30.15B
YoY Change 16.73% 21.4% 11.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $17.35M $23.27M $171.0M
YoY Change -90.14% -86.39% 134.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $34.05M $111.0M $291.0M
YoY Change -91.11% -61.87% 129.13%
LONG-TERM LIABILITIES
Long-Term Debt $3.089B $1.911B $711.0M
YoY Change 61.71% 168.77% 12.15%
Other Long-Term Liabilities $800.6M $687.0M $459.0M
YoY Change 53.66% 49.67% 43.89%
Total Long-Term Liabilities $3.889B $2.598B $1.170B
YoY Change 59.98% 122.05% 22.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.05M $111.0M $291.0M
Total Long-Term Liabilities $3.889B $2.598B $1.170B
Total Liabilities $28.05B $26.63B $20.56B
YoY Change 22.02% 29.5% 13.98%
SHAREHOLDERS EQUITY
Retained Earnings $11.70B $11.33B $10.57B
YoY Change 10.72% 7.23% 4.07%
Common Stock $698.0K $698.0K $696.0K
YoY Change 0.29% 0.29% 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.847B $3.822B $3.622B
YoY Change 6.22% 5.52% 5.84%
Treasury Stock Shares 30.52M shares 30.43M shares 29.64M shares
Shareholders Equity $10.14B $9.979B $9.591B
YoY Change
Total Liabilities & Shareholders Equity $38.19B $36.61B $30.15B
YoY Change 16.73% 21.4% 11.58%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $430.7M -$73.47M $243.1M
YoY Change 577.2% -130.23% 132.82%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $1.043B $1.163B $1.086B
YoY Change 52.68% 7.05% 71.46%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.767B -$969.1M -$1.100B
YoY Change -9.56% -11.92% 111.03%
Cash From Investing Activities -$1.767B -$969.1M -$1.100B
YoY Change -9.56% -11.92% 111.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.087B -223.4M 26.20M
YoY Change -4.36% -952.75% -145.17%
NET CHANGE
Cash From Operating Activities 1.043B 1.163B 1.086B
Cash From Investing Activities -1.767B -969.1M -1.100B
Cash From Financing Activities 1.087B -223.4M 26.20M
Net Change In Cash 362.8M -29.97M 11.90M
YoY Change -370.36% -351.83% -77.96%
FREE CASH FLOW
Cash From Operating Activities $1.043B $1.163B $1.086B
Capital Expenditures
Free Cash Flow
YoY Change

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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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CommonStockDividendsPerShareDeclared
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CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.55
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.55
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
9591292000 USD
us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
450549000 USD
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IncreaseDecreaseInPremiumsReceivable
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us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
357162000 USD
us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
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us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
53878000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
230593000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
172454000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-57270000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-184311000 USD
us-gaap Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
146639000 USD
us-gaap Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
7963000 USD
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
2576049000 USD
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
1665982000 USD
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
-1189000 USD
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
-2218000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
927524000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
392904000 USD
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
198954000 USD
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
68784000 USD
re Increase Decrease In Losses In Course Of Payment
IncreaseDecreaseInLossesInCourseOfPayment
23661000 USD
re Increase Decrease In Losses In Course Of Payment
IncreaseDecreaseInLossesInCourseOfPayment
132208000 USD
re Change In Equity Adjustments In Limited Partnerships
ChangeInEquityAdjustmentsInLimitedPartnerships
543401000 USD
re Change In Equity Adjustments In Limited Partnerships
ChangeInEquityAdjustmentsInLimitedPartnerships
12475000 USD
us-gaap Reimbursement From Limited Partnership Investment
ReimbursementFromLimitedPartnershipInvestment
105571000 USD
us-gaap Reimbursement From Limited Partnership Investment
ReimbursementFromLimitedPartnershipInvestment
55576000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
247615000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
131224000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
33199000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
57289000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
32594000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
138789000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
84263000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2190608000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1781821000 USD
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ProceedsFromSaleOfAvailableForSaleSecuritiesDebtMarketValue
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ProceedsFromSaleOfAvailableForSaleSecuritiesDebtMarketValue
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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ProceedsFromSaleOfEquitySecuritiesFvNi
329750000 USD
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216573000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
210527000 USD
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PaymentsToAcquireAvailableForSaleSecuritiesDebtMarketValue
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re Payments To Acquire Available For Sale Securities Debt Market Value
PaymentsToAcquireAvailableForSaleSecuritiesDebtMarketValue
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PaymentsToAcquireEquitySecuritiesFvNi
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PaymentsToAcquireEquitySecuritiesFvNi
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us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
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us-gaap Payments For Proceeds From Short Term Investments
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us-gaap Payments For Proceeds From Short Term Investments
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NetChangeInUnsettledSecuritiesTransactions
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1729274000 USD
re Payments For Shares Issued For Share Based Compensation Net Of Expense
PaymentsForSharesIssuedForShareBasedCompensationNetOfExpense
12156000 USD
re Payments For Shares Issued For Share Based Compensation Net Of Expense
PaymentsForSharesIssuedForShareBasedCompensationNetOfExpense
13617000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200020000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
185731000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
187110000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
10647000 USD
re Proceeds From Payments For Fhlbank Advance
ProceedsFromPaymentsForFhlbankAdvance
90000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15133000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-413084000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-336691000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-8952000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6203000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
266790000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
130845000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
801651000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
808036000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1068441000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
938881000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-169149000 USD
us-gaap Interest Paid Net
InterestPaidNet
33422000 USD
us-gaap Interest Paid Net
InterestPaidNet
16731000 USD
us-gaap Nature Of Operations
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<p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-weight: bold; font-size: 10.00pt">1. GENERAL</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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
BasisOfAccounting
<p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt">The unaudited consolidated financial statements of the Company as of September 30, 2021 and December 31, 2020 and for the three and nine months ended September 30, 2021 and 2020 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, 2020 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 nine months ended September 30, 2021 and 2020 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, 2020, 2019 and 2018, 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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 circumstances surrounding each entity. </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt">Certain reclassifications and format changes have been made to prior years’ amounts to conform to the 2021 presentation.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-style: italic; font-size: 10.00pt">Reference Rate Reform - LIBOR.</span><span style="font-family: Calibri; font-size: 10.00pt"> In March 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-04 (and subsequently issued ASU 2021-01 in January 2021), which outlines the issues surrounding the cessation of LIBOR as a reference rate for contractual debt agreements. The guidance also details the potential alternative expedients and sources available for use in determination of rates and terms for such debt agreements in order to apply appropriate accounting policy. The guidance is effective for annual reporting</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt">periods beginning after December 15, 2021. The Company is currently evaluating the impact of the adoption of ASU 2020-04 and 2021-01 on its financial statements.</span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-style: italic; font-size: 10.00pt">Accounting for Income Taxes.</span><span style="font-family: Calibri; font-size: 10.00pt"> In December 2019, The 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 adopted the guidance as of January 1, 2021. The adoption of ASU 2019-12 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; font-style: italic; font-size: 10.00pt">Accounting for Long Duration Contracts.</span><span style="font-family: Calibri; 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 and then ASU 2020-11 in November 2021, which ultimately defers the effective date of ASU 2018-12 until annual reporting periods beginning after December 15, 2022. 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: Calibri; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0; text-align: justify"><span style="font-family: Calibri; 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>
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
21182756000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
21182756000 USD
CY2021Q3 re Available For Sale Securities Debt Securities Market Value
AvailableForSaleSecuritiesDebtSecuritiesMarketValue
21623119000 USD
CY2020Q4 re Available For Sale Securities Debt Securities Market Value
AvailableForSaleSecuritiesDebtSecuritiesMarketValue
20040173000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-108789000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
55587000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-344370000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
392640000 USD
CY2021Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7380000 USD
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3560000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-36441000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
44116000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-307929000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
348524000 USD
re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-733000 USD
re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-805000 USD
CY2021Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
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CY2020Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
244913000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1004036000 USD
CY2021Q3 re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
307685000 USD
CY2020Q3 re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
244520000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
454804000 USD
CY2021Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
15850000 USD
CY2020Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
10680000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
43769000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
34688000 USD
CY2021Q3 us-gaap Investment Income Net
InvestmentIncomeNet
292759000 USD
CY2020Q3 us-gaap Investment Income Net
InvestmentIncomeNet
234233000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
960267000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
420116000 USD
CY2021Q3 re Additional Contractual Commitments
AdditionalContractualCommitments
2648100000 USD
re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
992320000 USD
re Gross Investment Income Before Adjustment
GrossInvestmentIncomeBeforeAdjustment
444688000 USD
CY2021Q3 re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
1196000 USD
CY2020Q3 re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
684000 USD
re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
12449000 USD
re Funds Held Interest Income Expense
FundsHeldInterestIncomeExpense
10921000 USD
CY2021Q3 re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-272000 USD
CY2020Q3 re Future Policy Benefit Reserve Income Expense
FuturePolicyBenefitReserveIncomeExpense
-291000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
138789000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
84263000 USD
CY2021Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
24650000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
1745000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
5408000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
27298000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
3384000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
4852000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-1462000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-1915000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
31980000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
31980000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
25837000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
150000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
32884000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
5562000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
6644000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-310000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-4646000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-11598000 USD
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
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DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2021Q3 us-gaap Dividends Common Stock
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DividendsCommonStock
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us-gaap Dividends Common Stock
DividendsCommonStock
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DividendsCommonStock
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us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
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us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
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us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
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us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
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us-gaap Payments For Losses And Loss Adjustment Expense
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us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
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us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
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us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
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CY2021Q3 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
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CY2020Q3 re Reserve For Losses And Loss Adjustment Expenses Net
ReserveForLossesAndLossAdjustmentExpensesNet
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CY2021Q3 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
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CY2020Q3 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
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CY2021Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
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CY2020Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
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us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
5577900000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
4572600000 USD
CY2021Q3 re Public Equity Portfolio Fair Value Disclosure
PublicEquityPortfolioFairValueDisclosure
1253900000 USD
CY2020Q4 re Public Equity Portfolio Fair Value Disclosure
PublicEquityPortfolioFairValueDisclosure
784700000 USD
CY2021Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
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CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
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CY2021Q3 us-gaap Undistributed Earnings
UndistributedEarnings
-134925000 USD
CY2020Q3 us-gaap Undistributed Earnings
UndistributedEarnings
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us-gaap Undistributed Earnings
UndistributedEarnings
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us-gaap Undistributed Earnings
UndistributedEarnings
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CY2021Q3 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
1.000 pure
CY2020Q3 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.988 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-134925000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
178938000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
752414000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
260096000 USD
CY2021Q3 re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
61457000 USD
CY2020Q3 re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
61199000 USD
re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
183333000 USD
re Dividend Declared Common Shareholders
DividendDeclaredCommonShareholders
184836000 USD
CY2021Q3 re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
-73468000 USD
CY2020Q3 re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
240138000 USD
re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
935748000 USD
re Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
444931000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39161000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39483000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39409000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
39711000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
36000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
44000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
79000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39197000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39557000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39452000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39790000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
23.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
23.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.18
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39161000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39483000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39409000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39711000 shares
CY2021Q3 re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
39161000 shares
CY2020Q3 re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
39971000 shares
re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
39945000 shares
re Basic Weighted Average Common Shares Outstanding And Nonvested Common Shares Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonvestedCommonSharesExpectedToVest
40221000 shares
CY2021Q3 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
1.000 pure
CY2020Q3 re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.988 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
re Percentage Allocated To Common Shareholders
PercentageAllocatedToCommonShareholders
0.987 pure
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-367279000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-36113000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-331166000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
122324000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
7863000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
426931000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
43485000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
383446000 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1530000000.0 USD
CY2021Q3 re Line Of Credit Facility Uncommited Amount Available
LineOfCreditFacilityUncommitedAmountAvailable
140000000.0 USD
CY2021Q3 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
281000 USD
CY2020Q3 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
132000 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1002000 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
587000 USD
CY2021Q3 re Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Percentage Of Admitted Assets Allowed For Borrowing Base
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumPercentageOfAdmittedAssetsAllowedForBorrowingBase
0.10 pure
CY2021Q3 us-gaap Security Deposit
SecurityDeposit
1526100000 USD
CY2021Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
114694000 USD
CY2020Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
86712000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
269987000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
245422000 USD
CY2021Q3 re Ceded Earned Premiums
CededEarnedPremiums
100133000 USD
CY2020Q3 re Ceded Earned Premiums
CededEarnedPremiums
71396000 USD
re Ceded Earned Premiums
CededEarnedPremiums
249662000 USD
re Ceded Earned Premiums
CededEarnedPremiums
233089000 USD
CY2021Q3 re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
169998000 USD
CY2020Q3 re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
87917000 USD
re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
281893000 USD
re Ceded Losses And Loss Adjustment Expenses
CededLossesAndLossAdjustmentExpenses
173968000 USD
CY2021Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
4273000 USD
CY2020Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
8894000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
9490000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
14448000 USD
CY2021Q3 re Assumed Earned Premiums
AssumedEarnedPremiums
4273000 USD
CY2021Q3 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
-323383000 USD
CY2020Q3 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
-114606000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
-4541000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
-35071000 USD
us-gaap Net Investment Income
NetInvestmentIncome
960267000 USD
us-gaap Net Investment Income
NetInvestmentIncome
420116000 USD
CY2021Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-4222000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
138789000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
84263000 USD
re Corporate Expenses
CorporateExpenses
46363000 USD
re Corporate Expenses
CorporateExpenses
29184000 USD
CY2021Q3 re Interest Fee And Bond Issue Cost Amortization Expense
InterestFeeAndBondIssueCostAmortizationExpense
15539000 USD
CY2020Q3 re Interest Fee And Bond Issue Cost Amortization Expense
InterestFeeAndBondIssueCostAmortizationExpense
6641000 USD
re Interest Fee And Bond Issue Cost Amortization Expense
InterestFeeAndBondIssueCostAmortizationExpense
46785000 USD
re Interest Fee And Bond Issue Cost Amortization Expense
InterestFeeAndBondIssueCostAmortizationExpense
21477000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
44190000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
47306000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1045557000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
465953000 USD
re Percentage Threshold Of Company Revenue Not Exceeded By Any Other Country
PercentageThresholdOfCompanyRevenueNotExceededByAnyOtherCountry
0.05 pure
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
4378000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
6126000 USD
CY2020Q3 re Assumed Earned Premiums
AssumedEarnedPremiums
8894000 USD
re Assumed Earned Premiums
AssumedEarnedPremiums
9490000 USD
re Assumed Earned Premiums
AssumedEarnedPremiums
14448000 USD
CY2021Q3 us-gaap Reinsurance Recoverables Gross
ReinsuranceRecoverablesGross
217500000 USD
CY2020Q4 us-gaap Reinsurance Recoverables Gross
ReinsuranceRecoverablesGross
254900000 USD
CY2021Q3 re Reinsurance Deferred Gain Liability
ReinsuranceDeferredGainLiability
34400000 USD
CY2020Q4 re Reinsurance Deferred Gain Liability
ReinsuranceDeferredGainLiability
38800000 USD
us-gaap Debt Instrument Redemption Period End Date
DebtInstrumentRedemptionPeriodEndDate
2047-05-01
CY2021Q3 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
1456000 USD
CY2020Q3 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
1587000 USD

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