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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES:      
Net premiums written $ 5,996,947us-gaap_PremiumsWrittenNet $ 5,500,173us-gaap_PremiumsWrittenNet $ 4,898,539us-gaap_PremiumsWrittenNet
Change in net unearned premiums (252,529)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet (273,636)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet (225,023)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet
Net premiums earned 5,744,418us-gaap_PremiumsEarnedNet 5,226,537us-gaap_PremiumsEarnedNet 4,673,516us-gaap_PremiumsEarnedNet
Net investment income 600,885us-gaap_NetInvestmentIncome 544,291us-gaap_NetInvestmentIncome 586,763us-gaap_NetInvestmentIncome
Insurance service fees 117,443us-gaap_InsuranceCommissionsAndFees 107,513us-gaap_InsuranceCommissionsAndFees 103,133us-gaap_InsuranceCommissionsAndFees
Net investment gains:      
Net realized gains on investment sales 254,852wrb_RealizedGainLossonInvestmentsIncludingEquityMethodInvestmentsExcludingOtherthanTemporaryImpairmentsandAllowances 127,586wrb_RealizedGainLossonInvestmentsIncludingEquityMethodInvestmentsExcludingOtherthanTemporaryImpairmentsandAllowances 201,451wrb_RealizedGainLossonInvestmentsIncludingEquityMethodInvestmentsExcludingOtherthanTemporaryImpairmentsandAllowances
Other-than-temporary impairments and change in valuation allowance 0wrb_InvestmentsRealizedLossOtherthanTemporaryImpairmentsandAllowancesAmount (6,042)wrb_InvestmentsRealizedLossOtherthanTemporaryImpairmentsandAllowancesAmount 9,014wrb_InvestmentsRealizedLossOtherthanTemporaryImpairmentsandAllowancesAmount
Net investment gains 254,852wrb_RealizedGainLossonMarketableSecuritiesEquityMethodInvestmentsandOtherInvestmentsBeforeTax 121,544wrb_RealizedGainLossonMarketableSecuritiesEquityMethodInvestmentsandOtherInvestmentsBeforeTax 210,465wrb_RealizedGainLossonMarketableSecuritiesEquityMethodInvestmentsandOtherInvestmentsBeforeTax
Revenues from wholly-owned investees 410,022wrb_RevenuesFromWhollyOwnedInvestees 407,623wrb_RevenuesFromWhollyOwnedInvestees 247,113wrb_RevenuesFromWhollyOwnedInvestees
Other income 1,308us-gaap_OtherIncome 1,026us-gaap_OtherIncome 2,564us-gaap_OtherIncome
Total revenues 7,128,928us-gaap_Revenues 6,408,534us-gaap_Revenues 5,823,554us-gaap_Revenues
OPERATING COSTS AND EXPENSES:      
Losses and loss expenses 3,490,567us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 3,197,024us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 2,948,479us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Other operating costs and expenses 2,157,456us-gaap_OtherCostAndExpenseOperating 2,000,684us-gaap_OtherCostAndExpenseOperating 1,799,623us-gaap_OtherCostAndExpenseOperating
Expenses from wholly-owned investees 400,535wrb_ExpensesFromWhollyOwnedInvestees 388,761wrb_ExpensesFromWhollyOwnedInvestees 247,222wrb_ExpensesFromWhollyOwnedInvestees
Interest expense 128,174us-gaap_InterestExpense 123,177us-gaap_InterestExpense 126,302us-gaap_InterestExpense
Total operating costs and expenses 6,176,732us-gaap_OperatingCostsAndExpenses 5,709,646us-gaap_OperatingCostsAndExpenses 5,121,626us-gaap_OperatingCostsAndExpenses
Income before income taxes 952,196us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 698,888us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 701,928us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income Tax expense (302,593)us-gaap_IncomeTaxExpenseBenefit (193,587)us-gaap_IncomeTaxExpenseBenefit (191,285)us-gaap_IncomeTaxExpenseBenefit
Net income before noncontrolling interests 649,603us-gaap_ProfitLoss 505,301us-gaap_ProfitLoss 510,643us-gaap_ProfitLoss
Noncontrolling interests (719)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5,376)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (51)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income to common stockholders $ 648,884us-gaap_NetIncomeLoss $ 499,925us-gaap_NetIncomeLoss $ 510,592us-gaap_NetIncomeLoss
NET INCOME PER SHARE:      
Basic (dollars per share) $ 5.07us-gaap_EarningsPerShareBasic $ 3.69us-gaap_EarningsPerShareBasic $ 3.72us-gaap_EarningsPerShareBasic
Diluted (dollars per share) $ 4.86us-gaap_EarningsPerShareDiluted $ 3.55us-gaap_EarningsPerShareDiluted $ 3.56us-gaap_EarningsPerShareDiluted