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Results for Reportable Segments and Corporate Activities (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,891,400 $ 1,651,100 $ 5,383,100 $ 4,928,500
Net premiums written 1,637,100 1,413,900 4,648,800 4,246,000
Net premiums earned 1,556,859 1,389,981 4,396,147 4,043,298
Net loss and LAE 1,173,655 907,736 3,225,461 2,497,037
Commissions, brokerage and other underwriting expenses 464,522 449,519 1,315,935 1,313,961
Underwriting (loss) profit [1] (81,300) 32,800 (145,300) 232,300
Net investment income 129,265 147,829 359,938 413,623
Change in the fair value of equity securities 92,799 (16,691) (187,991) 519,322
Net realized capital gains 16,751 3,957 (8,323) 20,753
Change in allowance for credit losses on available for sale securities 3,454   (10,900)  
Change in allowance for credit losses on available for sale securities   (3,597)   (13,617)
Noninsurance revenue 723,785 638,478 1,684,335 1,756,507
Other operating expenses 669,423 617,326 1,646,390 1,701,218
Corporate administration 12,871 22,276 17,143 67,612
Amortization of intangible assets 11,223 8,095 32,884 23,790
Interest expense 23,319 25,703 63,869 74,363
(Losses) earnings before income taxes 167,900 129,302 (68,476) 1,061,905
Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 1,900,600 1,658,600 5,409,200 4,949,000
Net premiums written 1,637,100 1,413,900 4,648,800 4,246,000
Net premiums earned 1,556,900 1,390,000 4,396,100 4,043,300
Net loss and LAE 1,173,700 907,700 3,225,500 2,497,000
Commissions, brokerage and other underwriting expenses 464,500 449,500 1,315,900 1,314,000
Underwriting (loss) profit [1] (81,300) 32,800 (145,300) 232,300
Net investment income 122,700 146,300 349,600 404,900
Change in the fair value of equity securities 103,400 (16,700) (176,000) 515,700
Net realized capital gains 15,600 3,900 72,100 20,700
Change in allowance for credit losses on available for sale securities 3,400   (10,700)  
Change in allowance for credit losses on available for sale securities   (3,600)   (13,600)
Noninsurance revenue 722,700 635,500 1,678,700 1,746,300
Other operating expenses 666,800 610,700 1,634,200 1,680,300
Corporate administration 800 1,500 (900) 4,400
Amortization of intangible assets 11,200 8,100 32,900 23,800
Interest expense 10,100 12,000 31,700 34,500
(Losses) earnings before income taxes 197,600 165,900 70,500 1,163,300
Operating Segments | Reinsurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,378,000 1,243,300 3,859,400 3,685,600
Net premiums written 1,263,200 1,111,700 3,560,700 3,332,100
Net premiums earned 1,207,300 1,097,600 3,411,300 3,201,700
Net loss and LAE 859,300 730,700 2,499,800 2,028,900
Commissions, brokerage and other underwriting expenses 371,400 360,900 1,044,200 1,050,800
Underwriting (loss) profit [1] (23,400) 6,000 (132,700) 122,000
Operating Segments | Reinsurance Segment | Property        
Segment Reporting Information [Line Items]        
Gross premiums written 473,300 455,900 1,299,200 1,252,600
Net premiums written 375,900 339,000 1,044,600 961,100
Net premiums earned 374,700 327,000 1,024,800 939,100
Net loss and LAE 306,100 225,100 827,400 523,800
Commissions, brokerage and other underwriting expenses 112,400 108,300 314,600 315,800
Underwriting (loss) profit [1] (43,800) (6,400) (117,200) 99,500
Operating Segments | Reinsurance Segment | Casualty & Other        
Segment Reporting Information [Line Items]        
Gross premiums written [2] 904,700 787,400 2,560,200 2,433,000
Net premiums written [2] 887,300 772,700 2,516,100 2,371,000
Net premiums earned [2] 832,600 770,600 2,386,500 2,262,600
Net loss and LAE [2] 553,200 505,600 1,672,400 1,505,100
Commissions, brokerage and other underwriting expenses [2] 259,000 252,600 729,600 735,000
Underwriting (loss) profit [1],[2] 20,400 12,400 (15,500) 22,500
Operating Segments | Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 522,600 415,300 1,549,800 1,263,400
Net premiums written 373,900 302,200 1,088,100 913,900
Net premiums earned 349,600 292,400 984,800 841,600
Net loss and LAE 314,400 177,000 725,700 468,100
Commissions, brokerage and other underwriting expenses 93,100 88,600 271,700 263,200
Underwriting (loss) profit [1] (57,900) 26,800 (12,600) 110,300
Operating Segments | Insurance Segment | RSUI        
Segment Reporting Information [Line Items]        
Gross premiums written 410,800 319,700 1,251,300 991,100
Net premiums written 271,900 213,400 816,400 661,700
Net premiums earned 260,400 208,900 731,300 603,700
Net loss and LAE 256,600 125,900 568,500 325,800
Commissions, brokerage and other underwriting expenses 58,800 55,700 169,400 167,200
Underwriting (loss) profit [1] (55,000) 27,300 (6,600) 110,700
Operating Segments | Insurance Segment | CapSpecialty Incorporated        
Segment Reporting Information [Line Items]        
Gross premiums written 111,800 95,600 298,500 272,300
Net premiums written 102,000 88,800 271,700 252,200
Net premiums earned 89,200 83,500 253,500 237,900
Net loss and LAE 57,800 51,100 157,200 142,300
Commissions, brokerage and other underwriting expenses 34,300 32,900 102,300 96,000
Underwriting (loss) profit [1] (2,900) (500) (6,000) (400)
Operating Segments | Reinsurance Segment and Insurance Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 1,900,600 1,658,600 5,409,200 4,949,000
Net premiums written 1,637,100 1,413,900 4,648,800 4,246,000
Net premiums earned 1,556,900 1,390,000 4,396,100 4,043,300
Net loss and LAE 1,173,700 907,700 3,225,500 2,497,000
Commissions, brokerage and other underwriting expenses 464,500 449,500 1,315,900 1,314,000
Underwriting (loss) profit [1] (81,300) 32,800 (145,300) 232,300
Net investment income 122,700 145,100 347,800 401,500
Change in the fair value of equity securities 103,400 (16,700) (176,000) 515,700
Net realized capital gains 1,700 4,100 36,800 20,400
Change in allowance for credit losses on available for sale securities 3,400   (10,700)  
Change in allowance for credit losses on available for sale securities   (3,600)   (13,600)
Noninsurance revenue 8,900 7,500 24,400 19,500
Other operating expenses 23,400 32,500 66,500 88,300
Corporate administration 800 1,500 (900) 4,400
Amortization of intangible assets 200 400 600 1,000
Interest expense 6,800 6,800 20,300 20,300
(Losses) earnings before income taxes 127,600 128,000 (9,500) 1,061,800
Operating Segments | Alleghany Capital Corporation Segment        
Segment Reporting Information [Line Items]        
Gross premiums written 0 0 0 0
Net premiums written 0 0 0 0
Net premiums earned 0 0 0 0
Net loss and LAE 0 0 0 0
Commissions, brokerage and other underwriting expenses 0 0 0 0
Underwriting (loss) profit [1] 0 0 0 0
Net investment income 0 1,200 1,800 3,400
Change in the fair value of equity securities 0 0 0 0
Net realized capital gains 13,900 (200) 35,300 300
Change in allowance for credit losses on available for sale securities 0   0  
Change in allowance for credit losses on available for sale securities   0   0
Noninsurance revenue 713,800 628,000 1,654,300 1,726,800
Other operating expenses 643,400 578,200 1,567,700 1,592,000
Corporate administration 0 0 0 0
Amortization of intangible assets 11,000 7,700 32,300 22,800
Interest expense 3,300 5,200 11,400 14,200
(Losses) earnings before income taxes 70,000 37,900 80,000 101,500
Corporate activities        
Segment Reporting Information [Line Items]        
Gross premiums written (9,200) (7,500) (26,100) (20,500)
Net premiums written 0 0 0 0
Net premiums earned 0 0 0 0
Net loss and LAE 0 0 0 0
Commissions, brokerage and other underwriting expenses 0 0 0 0
Underwriting (loss) profit [1] 0 0 0 0
Net investment income 6,600 1,500 10,300 8,700
Change in the fair value of equity securities (10,600) 0 (12,000) 3,600
Net realized capital gains 1,100 0 (80,400) 100
Change in allowance for credit losses on available for sale securities 0   (200)  
Change in allowance for credit losses on available for sale securities   0   0
Noninsurance revenue 1,100 3,000 5,700 10,200
Other operating expenses 2,600 6,600 12,200 20,900
Corporate administration 12,100 20,800 18,000 63,200
Amortization of intangible assets 0 0 0 0
Interest expense 13,200 13,700 32,200 39,900
(Losses) earnings before income taxes $ (29,700) $ (36,600) $ (139,000) $ (101,400)
[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.