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Results for Reportable Segments and Corporate Activities (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reporting Information [Line Items]      
Gross premiums written $ 6,656,400 $ 5,895,600 $ 5,696,900
Net premiums written 5,751,700 5,048,400 4,965,900
Net premiums earned 5,478,143 4,976,190 4,954,990
Net loss and LAE 3,686,435 3,520,431 3,620,197
Commissions, brokerage and other underwriting expenses [1] 1,758,698 1,617,333 1,651,177
Underwriting (loss) profit [2] 33,000 (161,500) (316,400)
Net investment income 550,241 500,534 451,016
Change in the fair value of equity securities 709,695 (228,994)  
Net realized capital gains (6,551) (3,241) 107,222
Other than temporary impairment losses (19,660) (1,328)  
Other than temporary impairment losses     (16,871)
Noninsurance revenue 2,328,848 1,643,999 928,298
Other operating expenses 2,263,326 1,579,309 967,104
Corporate administration 74,830 15,732 46,998
Amortization of intangible assets 33,834 24,039 19,419
Interest expense 99,957 90,724 83,070
Earnings (losses) before income taxes 1,123,636 39,592 36,690
Operating Segments      
Segment Reporting Information [Line Items]      
Gross premiums written 6,684,100 5,921,800 5,720,200
Net premiums written 5,751,700 5,048,400 4,965,900
Net premiums earned 5,478,100 4,976,200 4,955,000
Net loss and LAE 3,686,400 3,520,400 3,620,200
Commissions, brokerage and other underwriting expenses [1] 1,758,700 1,617,300 1,651,200
Underwriting (loss) profit [2] 33,000 (161,500) (316,400)
Net investment income 539,500 485,700 436,700
Change in the fair value of equity securities 705,800 (184,200)  
Net realized capital gains 7,000 32,500 108,700
Other than temporary impairment losses (19,700) (1,300)  
Other than temporary impairment losses     (16,900)
Noninsurance revenue 2,316,300 1,596,600 912,400
Other operating expenses 2,236,000 1,545,400 927,700
Corporate administration 4,100 (1,700) 1,700
Amortization of intangible assets 33,800 24,000 19,400
Interest expense 47,200 37,600 30,900
Earnings (losses) before income taxes 1,260,800 162,500 144,800
Operating Segments | Reinsurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 4,945,700 4,451,000 4,210,600
Net premiums written 4,495,000 3,969,100 3,810,100
Net premiums earned 4,327,000 3,939,000 3,808,700
Net loss and LAE 2,961,100 2,869,300 2,785,400
Commissions, brokerage and other underwriting expenses [1] 1,406,800 1,282,300 1,286,700
Underwriting (loss) profit [2] (40,900) (212,600) (263,400)
Operating Segments | Reinsurance Segment | Property      
Segment Reporting Information [Line Items]      
Gross premiums written 1,700,300 1,532,700 1,557,800
Net premiums written 1,328,800 1,169,400 1,233,100
Net premiums earned 1,280,100 1,177,300 1,181,900
Net loss and LAE 942,600 1,067,800 1,080,100
Commissions, brokerage and other underwriting expenses [1] 424,200 384,900 383,400
Underwriting (loss) profit [2] (86,700) (275,400) (281,600)
Operating Segments | Reinsurance Segment | Casualty & Other      
Segment Reporting Information [Line Items]      
Gross premiums written [3] 3,245,400 2,918,300 2,652,800
Net premiums written [3] 3,166,200 2,799,700 2,577,000
Net premiums earned [3] 3,046,900 2,761,700 2,626,800
Net loss and LAE [3] 2,018,500 1,801,500 1,705,300
Commissions, brokerage and other underwriting expenses [1],[3] 982,600 897,400 903,300
Underwriting (loss) profit [2],[3] 45,800 62,800 18,200
Operating Segments | Insurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 1,738,400 1,470,800 1,509,600
Net premiums written 1,256,700 1,079,300 1,155,800
Net premiums earned 1,151,100 1,037,200 1,146,300
Net loss and LAE 725,300 651,100 834,800
Commissions, brokerage and other underwriting expenses [1] 351,900 335,000 364,500
Underwriting (loss) profit [2] 73,900 51,100 (53,000)
Operating Segments | Insurance Segment | RSUI      
Segment Reporting Information [Line Items]      
Gross premiums written 1,366,600 1,142,000 1,056,800
Net premiums written 912,000 773,300 724,400
Net premiums earned 824,200 747,300 721,700
Net loss and LAE 503,700 491,200 569,900
Commissions, brokerage and other underwriting expenses [1] 219,200 211,900 208,900
Underwriting (loss) profit [2] 101,300 44,200 (57,100)
Operating Segments | Insurance Segment | CapSpecialty Incorporated      
Segment Reporting Information [Line Items]      
Gross premiums written 371,800 328,800 290,200
Net premiums written 344,700 306,000 271,200
Net premiums earned 326,900 289,900 260,900
Net loss and LAE 221,600 159,900 143,900
Commissions, brokerage and other underwriting expenses [1] 132,700 123,100 112,700
Underwriting (loss) profit [2] (27,400) 6,900 4,300
Operating Segments | Insurance Segment | Pacific Comp      
Segment Reporting Information [Line Items]      
Gross premiums written     162,600
Net premiums written     160,200
Net premiums earned     163,700
Net loss and LAE     121,000
Commissions, brokerage and other underwriting expenses [1]     42,900
Underwriting (loss) profit [2]     (200)
Operating Segments | Reinsurance Segment and Insurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 6,684,100 5,921,800 5,720,200
Net premiums written 5,751,700 5,048,400 4,965,900
Net premiums earned 5,478,100 4,976,200 4,955,000
Net loss and LAE 3,686,400 3,520,400 3,620,200
Commissions, brokerage and other underwriting expenses [1] 1,758,700 1,617,300 1,651,200
Underwriting (loss) profit [2] 33,000 (161,500) (316,400)
Net investment income 533,200 480,900 434,600
Change in the fair value of equity securities 705,800 (184,200)  
Net realized capital gains 6,000 31,600 85,700
Other than temporary impairment losses (19,700) (1,300)  
Other than temporary impairment losses     (16,900)
Noninsurance revenue 27,000 22,000 15,500
Other operating expenses 103,100 59,800 82,800
Corporate administration 4,100 (1,700) 1,700
Amortization of intangible assets 1,300 (400) (1,500)
Interest expense 27,100 27,100 26,900
Earnings (losses) before income taxes 1,149,700 102,700 92,600
Operating Segments | Alleghany Capital Corporation Segment      
Segment Reporting Information [Line Items]      
Net investment income [4] 6,300 4,800 2,100
Net realized capital gains [4] 1,000 900 23,000
Noninsurance revenue [4] 2,289,300 1,574,600 896,900
Other operating expenses [4] 2,132,900 1,485,600 844,900
Amortization of intangible assets [4] 32,500 24,400 20,900
Interest expense [4] 20,100 10,500 4,000
Earnings (losses) before income taxes [4] 111,100 59,800 52,200
Corporate activities      
Segment Reporting Information [Line Items]      
Gross premiums written [5] (27,700) (26,200) (23,300)
Net investment income [5] 10,700 14,800 14,300
Change in the fair value of equity securities [5] 3,900 (44,800)  
Net realized capital gains [5] (13,500) (35,700) (1,500)
Noninsurance revenue [5] 12,500 47,400 15,900
Other operating expenses [5] 27,300 33,900 39,400
Corporate administration [5] 70,700 17,600 45,300
Interest expense [5] 52,800 53,100 52,100
Earnings (losses) before income taxes [5] $ (137,200) $ (122,900) $ (108,100)
[1] Includes amortization associated with deferred acquisition costs of $1,392.8 million, $1,271.4 million and $1,261.7 million for the years ended December 31, 2019, 2018 and 2017, respectively.
[2] 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.
[3] 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 & health; mortgage reinsurance; surety; and credit.
[4] 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.
[5] 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.