Condensed Consolidating Financial Information - Condensed Consolidating Statement of Operations (Details) (USD $) In Thousands, unless otherwise specified
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3 Months Ended |
12 Months Ended |
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Revenue: |
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Net premiums earned |
$ 126,075us-gaap_PremiumsEarnedNet |
$ 129,463us-gaap_PremiumsEarnedNet |
$ 124,825us-gaap_PremiumsEarnedNet |
$ 126,273us-gaap_PremiumsEarnedNet |
$ 148,267us-gaap_PremiumsEarnedNet |
$ 135,360us-gaap_PremiumsEarnedNet |
$ 142,933us-gaap_PremiumsEarnedNet |
$ 126,853us-gaap_PremiumsEarnedNet |
$ 506,636us-gaap_PremiumsEarnedNet |
|
$ 553,413us-gaap_PremiumsEarnedNet |
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$ 566,496us-gaap_PremiumsEarnedNet |
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Net investment income (expense) |
16,561us-gaap_InvestmentIncomeNet |
17,523us-gaap_InvestmentIncomeNet |
17,645us-gaap_InvestmentIncomeNet |
17,692us-gaap_InvestmentIncomeNet |
17,936us-gaap_InvestmentIncomeNet |
17,758us-gaap_InvestmentIncomeNet |
17,808us-gaap_InvestmentIncomeNet |
18,544us-gaap_InvestmentIncomeNet |
69,421us-gaap_InvestmentIncomeNet |
|
72,046us-gaap_InvestmentIncomeNet |
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99,947us-gaap_InvestmentIncomeNet |
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Net realized gains (losses) on investments |
764us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
3,109us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
(596)us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
(515)us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
(778)us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
(306)us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
11,686us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
13,318us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
2,762us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
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23,920us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
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88,754us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments |
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Net impairment losses on investments |
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(840)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities |
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(2,033)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities |
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(3,031)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities |
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Other income (expense) |
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3,180us-gaap_OtherOperatingIncomeExpenseNet |
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3,477us-gaap_OtherOperatingIncomeExpenseNet |
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(239)us-gaap_OtherOperatingIncomeExpenseNet |
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Total revenue |
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581,159us-gaap_Revenues |
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650,823us-gaap_Revenues |
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751,927us-gaap_Revenues |
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Expenses: |
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Net losses and loss adjustment expenses |
39,849us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
66,178us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
50,865us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
26,509us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
46,639us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
44,142us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
62,667us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
13,998us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
183,401us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
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167,446us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
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183,660us-gaap_PolicyholderBenefitsAndClaimsIncurredNet |
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Net acquisition expenses |
30,413us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
28,042us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
27,848us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
27,501us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
32,560us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
30,675us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
30,313us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
30,219us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
113,804us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
|
123,767us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
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115,437us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense |
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Operating expenses |
24,985us-gaap_SellingGeneralAndAdministrativeExpense |
18,607us-gaap_SellingGeneralAndAdministrativeExpense |
21,434us-gaap_SellingGeneralAndAdministrativeExpense |
18,283us-gaap_SellingGeneralAndAdministrativeExpense |
23,019us-gaap_SellingGeneralAndAdministrativeExpense |
20,672us-gaap_SellingGeneralAndAdministrativeExpense |
19,718us-gaap_SellingGeneralAndAdministrativeExpense |
19,305us-gaap_SellingGeneralAndAdministrativeExpense |
83,309us-gaap_SellingGeneralAndAdministrativeExpense |
|
82,714us-gaap_SellingGeneralAndAdministrativeExpense |
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80,453us-gaap_SellingGeneralAndAdministrativeExpense |
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Net foreign currency exchange losses (gains) |
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(512)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
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(234)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
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1,055us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
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Interest expense |
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19,155us-gaap_InterestExpense |
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19,125us-gaap_InterestExpense |
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19,098us-gaap_InterestExpense |
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Total expenses |
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399,157us-gaap_BenefitsLossesAndExpenses |
|
392,818us-gaap_BenefitsLossesAndExpenses |
|
399,703us-gaap_BenefitsLossesAndExpenses |
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Income (loss) before income taxes |
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182,002us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
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258,005us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
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352,224us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
|
Income tax expense (benefit) |
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17,234us-gaap_IncomeTaxExpenseBenefit |
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34,727us-gaap_IncomeTaxExpenseBenefit |
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24,996us-gaap_IncomeTaxExpenseBenefit |
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Income (loss) before equity in earnings of subsidiaries |
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164,768ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries |
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223,278ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries |
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327,228ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries |
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Equity in earnings of subsidiaries |
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0us-gaap_IncomeLossFromEquityMethodInvestments |
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0us-gaap_IncomeLossFromEquityMethodInvestments |
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0us-gaap_IncomeLossFromEquityMethodInvestments |
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Net income (loss) |
35,728us-gaap_NetIncomeLoss |
29,125us-gaap_NetIncomeLoss |
36,180us-gaap_NetIncomeLoss |
63,735us-gaap_NetIncomeLoss |
48,623us-gaap_NetIncomeLoss |
38,285us-gaap_NetIncomeLoss |
49,854us-gaap_NetIncomeLoss |
86,516us-gaap_NetIncomeLoss |
164,768us-gaap_NetIncomeLoss |
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223,278us-gaap_NetIncomeLoss |
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327,228us-gaap_NetIncomeLoss |
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Consolidating Adjustments [Member] |
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Revenue: |
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Net premiums earned |
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0us-gaap_PremiumsEarnedNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_PremiumsEarnedNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_PremiumsEarnedNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net investment income (expense) |
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0us-gaap_InvestmentIncomeNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_InvestmentIncomeNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_InvestmentIncomeNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net realized gains (losses) on investments |
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|
|
|
|
|
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0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net impairment losses on investments |
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0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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Other income (expense) |
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0us-gaap_OtherOperatingIncomeExpenseNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_OtherOperatingIncomeExpenseNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_OtherOperatingIncomeExpenseNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Total revenue |
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0us-gaap_Revenues / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
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0us-gaap_Revenues / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_Revenues / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Expenses: |
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Net losses and loss adjustment expenses |
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0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net acquisition expenses |
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|
|
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0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Operating expenses |
|
|
|
|
|
|
|
|
0us-gaap_SellingGeneralAndAdministrativeExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_SellingGeneralAndAdministrativeExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_SellingGeneralAndAdministrativeExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net foreign currency exchange losses (gains) |
|
|
|
|
|
|
|
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Interest expense |
|
|
|
|
|
|
|
|
0us-gaap_InterestExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_InterestExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_InterestExpense / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Total expenses |
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|
|
|
|
|
|
0us-gaap_BenefitsLossesAndExpenses / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_BenefitsLossesAndExpenses / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_BenefitsLossesAndExpenses / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
0us-gaap_IncomeTaxExpenseBenefit / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_IncomeTaxExpenseBenefit / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0us-gaap_IncomeTaxExpenseBenefit / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Income (loss) before equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
0ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
0ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
(284,341)us-gaap_IncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
(400,156)us-gaap_IncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
(469,925)us-gaap_IncomeLossFromEquityMethodInvestments / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Net income (loss) |
|
|
|
|
|
|
|
|
(284,341)us-gaap_NetIncomeLoss / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
(400,156)us-gaap_NetIncomeLoss / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
(469,925)us-gaap_NetIncomeLoss / us-gaap_ConsolidationItemsAxis = us-gaap_ConsolidationEliminationsMember |
|
Platinum Holdings [Member] |
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Revenue: |
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Net premiums earned |
|
|
|
|
|
|
|
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net investment income (expense) |
|
|
|
|
|
|
|
|
34us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
24us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
10us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net realized gains (losses) on investments |
|
|
|
|
|
|
|
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net impairment losses on investments |
|
|
|
|
|
|
|
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Other income (expense) |
|
|
|
|
|
|
|
|
5,672us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
6,737us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
5,481us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Total revenue |
|
|
|
|
|
|
|
|
5,706us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
6,761us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
5,491us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net losses and loss adjustment expenses |
|
|
|
|
|
|
|
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net acquisition expenses |
|
|
|
|
|
|
|
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Operating expenses |
|
|
|
|
|
|
|
|
29,206us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
26,313us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
24,733us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net foreign currency exchange losses (gains) |
|
|
|
|
|
|
|
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Interest expense |
|
|
|
|
|
|
|
|
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Total expenses |
|
|
|
|
|
|
|
|
29,206us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
26,313us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
24,733us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
(23,500)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
(19,552)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
(19,242)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
0us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
0us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Income (loss) before equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
(23,500)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
(19,552)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
(19,242)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
188,268us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
242,830us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
346,470us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Net income (loss) |
|
|
|
|
|
|
|
|
164,768us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
223,278us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
327,228us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
|
Platinum Finance [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net premiums earned |
|
|
|
|
|
|
|
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net investment income (expense) |
|
|
|
|
|
|
|
|
(186)us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(85)us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(24)us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net realized gains (losses) on investments |
|
|
|
|
|
|
|
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net impairment losses on investments |
|
|
|
|
|
|
|
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Other income (expense) |
|
|
|
|
|
|
|
|
0us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
4us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
3us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Total revenue |
|
|
|
|
|
|
|
|
(186)us-gaap_Revenues / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(81)us-gaap_Revenues / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(21)us-gaap_Revenues / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net losses and loss adjustment expenses |
|
|
|
|
|
|
|
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net acquisition expenses |
|
|
|
|
|
|
|
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Operating expenses |
|
|
|
|
|
|
|
|
192us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
145us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
233us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net foreign currency exchange losses (gains) |
|
|
|
|
|
|
|
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Interest expense |
|
|
|
|
|
|
|
|
19,155us-gaap_InterestExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
19,125us-gaap_InterestExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
19,098us-gaap_InterestExpense / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Total expenses |
|
|
|
|
|
|
|
|
19,347us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
19,270us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
19,331us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
(19,533)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(19,351)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(19,352)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
(6,696)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(6,307)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(6,477)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Income (loss) before equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
(12,837)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(13,044)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
(12,875)ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
54,455us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
85,185us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
68,165us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Net income (loss) |
|
|
|
|
|
|
|
|
41,618us-gaap_NetIncomeLoss / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
72,141us-gaap_NetIncomeLoss / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
55,290us-gaap_NetIncomeLoss / dei_LegalEntityAxis = ptp_PlatinumUnderwritersFinanceIncMember |
|
Non-Guarantor Subsidiaries [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net premiums earned |
|
|
|
|
|
|
|
|
506,636us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
553,413us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
566,496us-gaap_PremiumsEarnedNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net investment income (expense) |
|
|
|
|
|
|
|
|
69,573us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
72,107us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
99,961us-gaap_InvestmentIncomeNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net realized gains (losses) on investments |
|
|
|
|
|
|
|
|
2,762us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
23,920us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
88,754us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net impairment losses on investments |
|
|
|
|
|
|
|
|
(840)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
(2,033)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
(3,031)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Other income (expense) |
|
|
|
|
|
|
|
|
(2,492)us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
(3,264)us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
(5,723)us-gaap_OtherOperatingIncomeExpenseNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Total revenue |
|
|
|
|
|
|
|
|
575,639us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
644,143us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
746,457us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net losses and loss adjustment expenses |
|
|
|
|
|
|
|
|
183,401us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
167,446us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
183,660us-gaap_PolicyholderBenefitsAndClaimsIncurredNet / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net acquisition expenses |
|
|
|
|
|
|
|
|
113,804us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
123,767us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
115,437us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Operating expenses |
|
|
|
|
|
|
|
|
53,911us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
56,256us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
55,487us-gaap_SellingGeneralAndAdministrativeExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net foreign currency exchange losses (gains) |
|
|
|
|
|
|
|
|
(512)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
(234)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
1,055us-gaap_ForeignCurrencyTransactionGainLossBeforeTax / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Interest expense |
|
|
|
|
|
|
|
|
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
0us-gaap_InterestExpense / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Total expenses |
|
|
|
|
|
|
|
|
350,604us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
347,235us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
355,639us-gaap_BenefitsLossesAndExpenses / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
225,035us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
296,908us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
390,818us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
23,930us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
41,034us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
31,473us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Income (loss) before equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
201,105ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
255,874ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
359,345ptp_IncomeLossBeforeEquityInEarningsOfSubsidiaries / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
41,618us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
72,141us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
55,290us-gaap_IncomeLossFromEquityMethodInvestments / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
Net income (loss) |
|
|
|
|
|
|
|
|
$ 242,723us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
$ 328,015us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
$ 414,635us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_NonGuarantorSubsidiariesMember |
[1] |
|
|