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Results for Reportable Segments and Corporate Activities (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,670,800 $ 1,472,700 $ 3,277,400 $ 2,931,500
Net premiums written 1,446,500 1,275,800 2,832,100 2,529,200
Net premiums earned 1,356,008 1,236,959 2,653,317 2,444,815
Net loss and LAE 796,803 738,210 1,589,301 1,408,788
Commissions, brokerage and other underwriting expenses 444,316 402,083 864,442 808,378
Underwriting profit [1] 114,900 96,700 199,600 227,600
Net investment income 142,745 126,273 265,794 250,399
Change in the fair value of equity securities 143,660 185,245 536,013 142,596
Net realized capital gains 12,354 6,462 16,796 50,967
Other than temporary impairment losses   0 (10,020) (511)
Noninsurance revenue 603,906 342,725 1,118,029 594,352
Other operating expenses 581,474 343,165 1,083,892 608,062
Corporate administration 25,967 14,119 45,336 21,904
Amortization of intangible assets 8,795 5,966 15,695 11,230
Interest expense 25,129 22,277 48,660 43,808
Earnings before income taxes 376,189 371,844 932,603 580,448
Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,676,900 1,479,200 3,290,300 2,943,900
Net premiums written 1,446,500 1,275,800 2,832,100 2,529,200
Net premiums earned 1,356,000 1,237,000 2,653,300 2,444,800
Net loss and LAE 796,800 738,200 1,589,300 1,408,800
Commissions, brokerage and other underwriting expenses 444,300 402,100 864,400 808,400
Underwriting profit [1] 114,900 96,700 199,600 227,600
Net investment income 139,200 122,500 258,500 242,400
Change in the fair value of equity securities 143,300 146,800 532,400 132,700
Net realized capital gains 12,400 6,700 16,800 51,200
Other than temporary impairment losses     (10,000) (500)
Noninsurance revenue 600,300 333,700 1,110,700 582,100
Other operating expenses 574,500 334,400 1,069,600 591,400
Corporate administration 1,800 800 2,800 500
Amortization of intangible assets 8,800 6,000 15,700 11,200
Interest expense 11,500 9,200 22,600 17,200
Earnings before income taxes 413,500 356,000 997,300 615,200
Operating Segments | Reinsurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,210,700 1,071,700 2,442,300 2,187,300
Net premiums written 1,112,900 976,600 2,220,500 1,973,700
Net premiums earned 1,074,900 981,300 2,104,100 1,941,500
Net loss and LAE 645,100 593,500 1,298,300 1,132,900
Commissions, brokerage and other underwriting expenses 353,900 318,000 689,900 640,000
Underwriting profit [1] 75,900 69,800 115,900 168,600
Operating Segments | Reinsurance Segment | Property        
Segment Reporting Information [Line Items]        
Gross premiums written 381,600 345,100 796,700 742,300
Net premiums written 305,900 275,900 622,100 581,000
Net premiums earned 303,200 292,100 612,100 567,200
Net loss and LAE 136,200 153,500 298,800 250,100
Commissions, brokerage and other underwriting expenses 103,800 94,800 207,500 187,900
Underwriting profit [1] 63,200 43,800 105,800 129,200
Operating Segments | Reinsurance Segment | Casualty & Other        
Segment Reporting Information [Line Items]        
Gross premiums written [2] 829,100 726,600 1,645,600 1,445,000
Net premiums written [2] 807,000 700,700 1,598,400 1,392,700
Net premiums earned [2] 771,700 689,200 1,492,000 1,374,300
Net loss and LAE [2] 508,900 440,000 999,500 882,800
Commissions, brokerage and other underwriting expenses [2] 250,100 223,200 482,400 452,100
Underwriting profit [1],[2] 12,700 26,000 10,100 39,400
Operating Segments | Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 466,200 407,500 848,000 756,600
Net premiums written 333,600 299,200 611,600 555,500
Net premiums earned 281,100 255,700 549,200 503,300
Net loss and LAE 151,700 144,700 291,000 275,900
Commissions, brokerage and other underwriting expenses 90,400 84,100 174,500 168,400
Underwriting profit [1] 39,000 26,900 83,700 59,000
Operating Segments | Insurance Segment | RSUI        
Segment Reporting Information [Line Items]        
Gross premiums written 372,400 318,800 671,400 593,400
Net premiums written 246,900 216,900 448,300 403,800
Net premiums earned 202,400 184,700 394,800 365,600
Net loss and LAE 105,600 105,700 199,900 202,600
Commissions, brokerage and other underwriting expenses 57,900 53,700 111,400 107,200
Underwriting profit [1] 38,900 25,300 83,500 55,800
Operating Segments | Insurance Segment | CapSpecialty Incorporated        
Segment Reporting Information [Line Items]        
Gross premiums written 93,800 88,700 176,600 163,200
Net premiums written 86,700 82,300 163,300 151,700
Net premiums earned 78,700 71,000 154,400 137,700
Net loss and LAE 46,100 39,000 91,100 73,300
Commissions, brokerage and other underwriting expenses 32,500 30,400 63,100 61,200
Underwriting profit [1] 100 1,600 200 3,200
Operating Segments | Alleghany Capital Corporation Segment        
Segment Reporting Information [Line Items]        
Net investment income [3] 900 1,400 2,200 3,000
Net realized capital gains [3] 200 (100) 600 500
Noninsurance revenue [3] 593,700 329,000 1,098,700 571,700
Other operating expenses [3] 548,300 314,500 1,013,800 554,400
Amortization of intangible assets [3] 8,400 5,800 15,100 11,200
Interest expense [3] 4,700 2,300 9,000 3,600
Earnings before income taxes [3] 33,400 7,700 63,600 6,000
Operating Segments | Reinsurance Segment and Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,676,900 1,479,200 3,290,300 2,943,900
Net premiums written 1,446,500 1,275,800 2,832,100 2,529,200
Net premiums earned 1,356,000 1,237,000 2,653,300 2,444,800
Net loss and LAE 796,800 738,200 1,589,300 1,408,800
Commissions, brokerage and other underwriting expenses 444,300 402,100 864,400 808,400
Underwriting profit [1] 114,900 96,700 199,600 227,600
Net investment income 138,300 121,100 256,300 239,400
Change in the fair value of equity securities 143,300 146,800 532,400 132,700
Net realized capital gains 12,200 6,800 16,200 50,700
Other than temporary impairment losses     (10,000) (500)
Noninsurance revenue 6,600 4,700 12,000 10,400
Other operating expenses 26,200 19,900 55,800 37,000
Corporate administration 1,800 800 2,800 500
Amortization of intangible assets 400 200 600  
Interest expense 6,800 6,900 13,600 13,600
Earnings before income taxes 380,100 348,300 933,700 609,200
Corporate activities        
Segment Reporting Information [Line Items]        
Gross premiums written [4] (6,100) (6,500) (12,900) (12,400)
Net investment income [4] 3,500 3,800 7,300 8,000
Change in the fair value of equity securities [4] 400 38,400 3,600 9,900
Net realized capital gains [4]   (200)   (200)
Noninsurance revenue [4] 3,600 9,000 7,300 12,300
Other operating expenses [4] 7,000 8,800 14,300 16,700
Corporate administration [4] 24,200 13,300 42,500 21,400
Interest expense [4] 13,600 13,100 26,100 26,600
Earnings before income taxes [4] $ (37,300) $ 15,800 $ (64,700) $ (34,700)
[1] Underwriting profit represents net premiums earned less net loss and LAE and commissions, brokerage and other underwriting expenses, all as determined in accordance with GAAP, and does not include net investment income, change in the fair value of equity securities, net realized capital gains, OTTI losses, noninsurance revenue, other operating expenses, corporate administration, amortization of intangible assets or interest expense. Underwriting profit does not replace earnings before income taxes determined in accordance with GAAP as a measure of profitability. Rather, Alleghany believes that underwriting profit enhances the understanding of its reinsurance and insurance segments’ operating results by highlighting net earnings attributable to their underwriting performance. Earnings before income taxes (a GAAP measure) may show a profit despite an underlying underwriting loss. Where underwriting losses persist over extended periods, a reinsurance or an insurance company’s ability to continue as an ongoing concern may be at risk. Therefore, Alleghany views underwriting profit as an important measure in the overall evaluation of performance.
[2] Primarily consists of the following reinsurance lines of business: directors’ and officers’ liability; errors and omissions liability; general liability; medical malpractice; ocean marine and aviation; auto liability; accident and health; mortgage reinsurance; surety; and credit.
[3] Excludes certain minor, legacy investments that were previously reflected in Alleghany Capital in 2018 and prior periods, to align with management’s view of reportable segments.
[4] Includes elimination of minor reinsurance activity between segments. Also, includes certain minor, legacy investments that were previously reflected in Alleghany Capital in 2018 and prior periods.