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Results for Reportable Segments and Corporate Activities (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,721,200 $ 1,670,800 $ 3,491,800 $ 3,277,400
Net premiums written 1,478,000 1,446,500 3,011,700 2,832,100
Net premiums earned 1,394,868 1,356,008 2,839,288 2,653,317
Net loss and LAE 1,024,362 796,803 2,051,806 1,589,301
Commissions, brokerage and other underwriting expenses 410,017 444,316 851,413 864,442
Underwriting (loss) profit [1] (39,500) 114,900 (63,900) 199,600
Net investment income 118,691 142,745 230,673 265,794
Change in the fair value of equity securities 242,186 143,660 (280,790) 536,013
Net realized capital gains (38,100) 12,354 (25,074) 16,796
Change in allowance for credit losses on available for sale securities 17,021   (14,354)  
Change in allowance for credit losses on available for sale securities       (10,020)
Noninsurance revenue 492,701 603,906 960,550 1,118,029
Other operating expenses 510,306 581,474 976,967 1,083,892
Corporate administration 18,579 25,967 4,272 45,336
Amortization of intangible assets 12,093 8,795 21,661 15,695
Interest expense 22,194 25,129 40,550 48,660
(Losses) earnings before income taxes 229,816 376,189 (236,376) 932,603
Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,729,800 1,676,900 3,508,700 3,290,300
Net premiums written 1,478,000 1,446,500 3,011,700 2,832,100
Net premiums earned 1,394,900 1,356,000 2,839,300 2,653,300
Net loss and LAE 1,024,400 796,800 2,051,800 1,589,300
Commissions, brokerage and other underwriting expenses 410,000 444,300 851,400 864,400
Underwriting (loss) profit [1] (39,500) 114,900 (63,900) 199,600
Net investment income 115,400 139,200 226,800 258,500
Change in the fair value of equity securities 242,200 143,300 (279,400) 532,400
Net realized capital gains 6,300 12,400 56,500 16,800
Change in allowance for credit losses on available for sale securities 16,600   (14,100)  
Change in allowance for credit losses on available for sale securities       (10,000)
Noninsurance revenue 491,500 600,300 956,100 1,110,700
Other operating expenses 506,900 574,500 967,400 1,069,600
Corporate administration 500 1,800 (1,600) 2,800
Amortization of intangible assets 12,100 8,800 21,700 15,700
Interest expense 11,100 11,500 21,600 22,600
(Losses) earnings before income taxes 301,900 413,500 (127,100) 997,300
Operating Segments | Reinsurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,153,900 1,210,700 2,481,400 2,442,300
Net premiums written 1,086,500 1,112,900 2,297,500 2,220,500
Net premiums earned 1,071,000 1,074,900 2,204,100 2,104,100
Net loss and LAE 778,200 645,100 1,640,400 1,298,300
Commissions, brokerage and other underwriting expenses 323,100 353,900 672,900 689,900
Underwriting (loss) profit [1] (30,300) 75,900 (109,200) 115,900
Operating Segments | Reinsurance Segment | Property        
Segment Reporting Information [Line Items]        
Gross premiums written 413,300 381,600 825,900 796,700
Net premiums written 355,800 305,900 668,700 622,100
Net premiums earned 328,700 303,200 650,100 612,100
Net loss and LAE 273,400 136,200 521,300 298,800
Commissions, brokerage and other underwriting expenses 96,800 103,800 202,200 207,500
Underwriting (loss) profit [1] (41,500) 63,200 (73,400) 105,800
Operating Segments | Reinsurance Segment | Casualty & Other        
Segment Reporting Information [Line Items]        
Gross premiums written [2] 740,600 829,100 1,655,500 1,645,600
Net premiums written [2] 730,700 807,000 1,628,800 1,598,400
Net premiums earned [2] 742,300 771,700 1,554,000 1,492,000
Net loss and LAE [2] 504,800 508,900 1,119,100 999,500
Commissions, brokerage and other underwriting expenses [2] 226,300 250,100 470,700 482,400
Underwriting (loss) profit [1],[2] 11,200 12,700 (35,800) 10,100
Operating Segments | Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 575,900 466,200 1,027,300 848,000
Net premiums written 391,500 333,600 714,200 611,600
Net premiums earned 323,900 281,100 635,200 549,200
Net loss and LAE 246,200 151,700 411,400 291,000
Commissions, brokerage and other underwriting expenses 86,900 90,400 178,500 174,500
Underwriting (loss) profit [1] (9,200) 39,000 45,300 83,700
Operating Segments | Insurance Segment | RSUI        
Segment Reporting Information [Line Items]        
Gross premiums written 474,700 372,400 840,600 671,400
Net premiums written 300,000 246,900 544,500 448,300
Net premiums earned 241,500 202,400 470,900 394,800
Net loss and LAE 196,000 105,600 311,900 199,900
Commissions, brokerage and other underwriting expenses 52,700 57,900 110,600 111,400
Underwriting (loss) profit [1] (7,200) 38,900 48,400 83,500
Operating Segments | Insurance Segment | CapSpecialty Incorporated        
Segment Reporting Information [Line Items]        
Gross premiums written 101,200 93,800 186,700 176,600
Net premiums written 91,500 86,700 169,700 163,300
Net premiums earned 82,400 78,700 164,300 154,400
Net loss and LAE 50,200 46,100 99,500 91,100
Commissions, brokerage and other underwriting expenses 34,200 32,500 67,900 63,100
Underwriting (loss) profit [1] (2,000) 100 (3,100) 200
Operating Segments | Reinsurance Segment and Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,729,800 1,676,900 3,508,700 3,290,300
Net premiums written 1,478,000 1,446,500 3,011,700 2,832,100
Net premiums earned 1,394,900 1,356,000 2,839,300 2,653,300
Net loss and LAE 1,024,400 796,800 2,051,800 1,589,300
Commissions, brokerage and other underwriting expenses 410,000 444,300 851,400 864,400
Underwriting (loss) profit [1] (39,500) 114,900 (63,900) 199,600
Net investment income 115,400 138,300 225,000 256,300
Change in the fair value of equity securities 242,200 143,300 (279,400) 532,400
Net realized capital gains (10,100) 12,200 35,100 16,200
Change in allowance for credit losses on available for sale securities 16,600   (14,100)  
Change in allowance for credit losses on available for sale securities       (10,000)
Noninsurance revenue 8,300 6,600 15,600 12,000
Other operating expenses 33,300 26,200 43,100 55,800
Corporate administration 500 1,800 (1,600) 2,800
Amortization of intangible assets 200 400 500 600
Interest expense 6,800 6,800 13,500 13,600
(Losses) earnings before income taxes 292,100 380,100 (137,200) 933,700
Operating Segments | Alleghany Capital Corporation Segment        
Segment Reporting Information [Line Items]        
Net investment income   900 1,800 2,200
Net realized capital gains 16,400 200 21,400 600
Noninsurance revenue 483,200 593,700 940,500 1,098,700
Other operating expenses 473,600 548,300 924,300 1,013,800
Amortization of intangible assets 11,900 8,400 21,200 15,100
Interest expense 4,300 4,700 8,100 9,000
(Losses) earnings before income taxes 9,800 33,400 10,100 63,600
Corporate activities        
Segment Reporting Information [Line Items]        
Gross premiums written (8,600) (6,100) (16,900) (12,900)
Net investment income 3,300 3,500 3,900 7,300
Change in the fair value of equity securities   400 (1,400) 3,600
Net realized capital gains (44,400)   (81,600)  
Change in allowance for credit losses on available for sale securities 400   (300)  
Noninsurance revenue 1,200 3,600 4,500 7,300
Other operating expenses 3,400 7,000 9,600 14,300
Corporate administration 18,100 24,200 5,800 42,500
Interest expense 11,100 13,600 19,000 26,100
(Losses) earnings before income taxes $ (72,100) $ (37,300) $ (109,300) $ (64,700)
[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, change in allowance for credit losses on available for sale securities, 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.