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Segment Information - Statement of earnings by segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 07, 2017
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Segment Reporting Information [Line Items]          
Gross premiums written   $ 3,075,561 $ 2,783,603 $ 11,366,927 $ 10,811,152
Net premiums written   2,329,367 2,135,658 7,961,702 7,926,536
Net premiums earned   2,620,902 2,434,037 7,660,610 7,320,859
Net losses and loss expenses [1]   3,077,315 1,497,678 6,204,740 4,522,968
Acquisition costs   445,685 403,888 1,315,138 1,227,675
Operating expenses [2]   333,636 370,279 1,049,749 1,138,296
Underwriting profit (loss)   (1,235,734) 162,192 (909,017) 431,920
Net results from structured products   17,908 [3] 7,708 [4] 23,745 [5] 11,737 [6]
Net fee income and other   (2,019) [7] (3,271) [8] (1,801) [9] (8,324) [10]
(Gain) Loss on sale of subsidiary   0 (3,670) 0 (3,670)
Extinguishment of debt $ 1,582 1,582 0 1,582 0
Net realized gains (losses) on investments   43,274 143,676 137,188 341,043
Net realized and unrealized gains (losses) on derivative instruments   (20,434) 5,490 (28,409) 2,774
Net income (loss) from investment fund affiliates and operating affiliates   62,528 24,566 187,920 67,234
Exchange (gains) losses   55,017 (1,695) 46,038 (54,614)
Corporate operating expenses   62,232 126,308 263,267 372,003
Contribution from P&C and Corporate and Other   (1,094,509) 189,451 (444,847) 431,413
Interest expense $ 300 39,509 [11] 43,025 [11] 123,181 [11] 128,371 [11]
Non-controlling interests   (30,197) 58,076 39,232 124,263
Income tax   (60,132) 17,749 (18,034) 42,511
Net income (loss) attributable to common shareholders   (1,043,689) 70,601 (589,226) 136,268
Excluding Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net investment income [12]   159,665 156,706 477,174 470,537
Net realized gains (losses) on investments   31,726 58,395 85,113 69,447
Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net investment income   30,796 38,937 95,599 119,643
Net realized gains (losses) on investments   11,548 85,281 52,075 271,596
Net realized and unrealized gains (losses) on derivative instruments   (31,662) (225,610) (116,359) (691,432)
Corporate and Other          
Segment Reporting Information [Line Items]          
Gross premiums written [13]   59,830 64,683 175,160 202,139
Net premiums written [13]   3,146 2,360 9,280 9,032
Net premiums earned [13]   3,146 2,360 9,280 9,032
Net losses and loss expenses [1],[13]   10,592 5,875 25,478 16,294
Acquisition costs [13]   1,126 1,002 [1] 3,715 [1] 4,286 [1]
Operating expenses [2],[13]   186 142 697 765
Underwriting profit (loss) [13]   (8,758) (4,659) (20,610) (12,313)
Net results from structured products [13]   0 [3] 0 [4] 0 [5] 0 [6]
Net fee income and other [13]   (1,304) [7] 595 [8] (1,607) [9] 1,068 [10]
(Gain) Loss on sale of subsidiary     (3,670)   (3,670)
Extinguishment of debt   1,582   1,582  
Net realized and unrealized gains (losses) on derivative instruments [13]   (20,434) 5,490 (28,409) 2,774
Net income (loss) from investment fund affiliates and operating affiliates [13]   62,528 24,566 187,920 67,234
Exchange (gains) losses [13]   55,017 (1,695) 46,038 (54,614)
Corporate operating expenses [13]   62,232 126,308 263,267 372,003
Contribution from P&C and Corporate and Other [13]   (69,476) (190,290) (128,837) (538,703)
Interest expense [11],[13]   39,509 43,025 123,181 128,371
Non-controlling interests [13]   (30,197) 58,076 39,232 124,263
Income tax [13]   (60,132) 17,749 (18,034) 42,511
Corporate and Other | Excluding Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net investment income [12],[13]   7,533 8,127 22,917 24,185
Net realized gains (losses) on investments [13]   (892) (2,006) (9,476) (7,742)
Corporate and Other | Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net investment income [13]   30,796 38,937 95,599 119,643
Net realized gains (losses) on investments [13]   11,548 85,213 52,075 271,599
Net realized and unrealized gains (losses) on derivative instruments [13]   (31,662) (225,610) (116,359) (691,432)
Operating segments | Total P&C          
Segment Reporting Information [Line Items]          
Gross premiums written   3,015,731 2,718,920 11,191,767 10,609,013
Net premiums written   2,326,221 2,133,298 7,952,422 7,917,504
Net premiums earned   2,617,756 2,431,677 7,651,330 7,311,827
Net losses and loss expenses [1]   3,066,723 1,491,803 6,179,262 4,506,674
Acquisition costs   444,559 402,886 [1] 1,311,423 [1] 1,223,389 [1]
Operating expenses [2]   333,450 370,137 1,049,052 1,137,531
Underwriting profit (loss)   (1,226,976) 166,851 (888,407) 444,233
Net results from structured products   17,908 [3] 7,708 [4] 23,745 [5] 11,737 [6]
Net fee income and other   (715) [7] (3,866) [8] (194) [9] (9,392) [10]
Net realized and unrealized gains (losses) on derivative instruments   0 0 0  
Contribution from P&C and Corporate and Other   $ (1,025,033) $ 379,741 $ (316,010) $ 970,116
Ratios - P&C operations          
Loss and loss expense ratio [14]   117.20% 61.30% 80.80% 61.60%
Underwriting expense ratio [14]   29.70% 31.80% 30.80% 32.30%
Combined ratio [14]   146.90% 93.10% 111.60% 93.90%
Operating segments | Total P&C | Excluding Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net investment income [12]   $ 152,132 $ 148,579 $ 454,257 $ 446,352
Net realized gains (losses) on investments   32,618 60,401 94,589 77,189
Operating segments | Total P&C | Life Funds Withheld Assets          
Segment Reporting Information [Line Items]          
Net realized gains (losses) on investments   0 68 0 (3)
Operating segments | Insurance Segment          
Segment Reporting Information [Line Items]          
Gross premiums written   2,311,090 2,153,379 7,582,060 7,169,363
Net premiums written   1,660,304 1,615,132 4,910,096 4,899,258
Net premiums earned   1,677,189 1,653,461 4,964,808 4,944,055
Net losses and loss expenses [1]   1,724,755 1,068,268 3,862,205 3,163,599
Acquisition costs   228,188 221,137 [1] 670,579 [1] 679,009 [1]
Operating expenses [2]   269,727 302,373 844,137 922,273
Underwriting profit (loss)   (545,481) 61,683 (412,113) 179,174
Net results from structured products   1,862 [3] 2,353 [4] 6,112 [5] 6,340 [6]
Net fee income and other   $ (1,578) [7] $ (4,486) [8] $ (2,437) [9] $ (12,097) [10]
Ratios - P&C operations          
Loss and loss expense ratio [14]   102.80% 64.60% 77.80% 64.00%
Underwriting expense ratio [14]   29.70% 31.70% 30.50% 32.40%
Combined ratio [14]   132.50% 96.30% 108.30% 96.40%
Operating segments | Reinsurance Segment          
Segment Reporting Information [Line Items]          
Gross premiums written   $ 704,641 $ 565,541 $ 3,609,707 $ 3,439,650
Net premiums written   665,917 518,166 3,042,326 3,018,246
Net premiums earned   940,567 778,216 2,686,522 2,367,772
Net losses and loss expenses [1]   1,341,968 423,535 2,317,057 1,343,075
Acquisition costs   216,371 181,749 [1] 640,844 [1] 544,380 [1]
Operating expenses [2]   63,723 67,764 204,915 215,258
Underwriting profit (loss)   (681,495) 105,168 (476,294) 265,059
Net results from structured products   16,046 [3] 5,355 [4] 17,633 [5] 5,397 [6]
Net fee income and other   $ 863 [7] $ 620 [8] $ 2,243 [9] $ 2,705 [10]
Ratios - P&C operations          
Loss and loss expense ratio [14]   142.70% 54.40% 86.20% 56.70%
Underwriting expense ratio [14]   29.80% 32.10% 31.50% 32.10%
Combined ratio [14]   172.50% 86.50% 117.70% 88.80%
[1] The Company has reflected the amortization of certain fair value adjustments recorded in conjunction with the Catlin Acquisition within the respective segments.
[2] Operating expenses of the segments exclude Corporate operating expenses, shown separately.
[3] The net results from P&C structured products include net investment income and interest expense of $12.3 million and $(5.6) million, respectively.
[4] The net results from P&C structured products include net investment income and interest expense of $14.1 million and $6.4 million, respectively.
[5] The net results from P&C structured products include net investment income and interest expense of $39.2 million and $15.5 million, respectively.
[6] The net results from P&C structured products include net investment income and interest expense of $40.9 million and $29.1 million, respectively.
[7] Net fee income and other includes operating expenses of $13.5 million from the Company's loss prevention consulting services business.
[8] Net fee income and other includes operating expenses of $11.9 million from the Company's loss prevention consulting services business.
[9] Net fee income and other includes operating expenses of $37.2 million from the Company's loss prevention consulting services business.
[10] Net fee income and other includes operating expenses of $36.0 million from the Company's loss prevention consulting services business.
[11] Interest expense excludes interest expense related to structured products recorded in the Insurance and Reinsurance segments.
[12] Net investment income - excluding Life Funds Withheld Assets does not include net investment income related to the net results from structured products.
[13] Corporate and Other includes other items of our revenue and expenditures that are not evaluated at the segment level for reporting purposes. The underwriting profit (loss) and its components within this section are predominantly driven from the Company's run-off life operations.
[14] Ratios are based on net premiums earned from P&C operations.