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Fair Value Measurements - Schedule of assets and liabilities that were accounted for at fair value (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Fixed maturities, at fair value $ 31,675,509 $ 30,256,602
Short-term investments, at fair value 336,054 625,193
Equity securities, at fair value 1,011,942 1,037,331
Total investments available for sale 33,023,505 31,919,126
Fixed maturities, trading at fair value 1,866,465 1,617,014
Short-term investments, trading at fair value 9,361 9,563
Total investments trading 1,875,826 1,626,577
Collateral and counterparty netting, assets (3,681) (17,947)
Liabilities    
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2017 - $3,221,803; 2016 - $3,072,615) 920,571 998,968
Collateral and counterparty nettings, liabilities (3,681) (17,947)
Excluding Life Funds Withheld Assets    
Assets    
Fixed maturities, at fair value 29,545,375 27,948,560
Short-term investments, at fair value 336,054 625,193
Equity securities, at fair value 1,011,942 1,037,331
Total investments available for sale 30,893,371 29,611,084
Excluding Life Funds Withheld Assets | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 4,313,336 3,894,388
Excluding Life Funds Withheld Assets | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, at fair value 2,111,217 2,478,112
Excluding Life Funds Withheld Assets | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 5,260,637 5,030,132
Excluding Life Funds Withheld Assets | Corporate    
Assets    
Fixed maturities, at fair value 10,072,974 10,134,729
Excluding Life Funds Withheld Assets | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 4,941,702 4,492,625
Excluding Life Funds Withheld Assets | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 1,277,994 665,186
Excluding Life Funds Withheld Assets | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 1,567,515 1,253,388
Life Funds Withheld Assets    
Assets    
Fixed maturities, at fair value 2,130,134 2,308,042
Fixed maturities, trading at fair value 1,866,465 1,617,014
Short-term investments, trading at fair value 9,361 9,563
Total investments trading 1,875,826 1,626,577
Life Funds Withheld Assets | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 11,090 10,577
Fixed maturities, trading at fair value 15,815 14,708
Life Funds Withheld Assets | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, trading at fair value   224
Life Funds Withheld Assets | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 611,843 624,677
Fixed maturities, trading at fair value 465,262 444,944
Life Funds Withheld Assets | Corporate    
Assets    
Fixed maturities, at fair value 1,211,551 1,454,608
Fixed maturities, trading at fair value 1,334,783 1,111,205
Life Funds Withheld Assets | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 589 22,380
Fixed maturities, trading at fair value 818 961
Life Funds Withheld Assets | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 122,223 94,240
Fixed maturities, trading at fair value 7,581 5,526
Life Funds Withheld Assets | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 172,838 101,560
Fixed maturities, trading at fair value 42,206 39,446
Recurring    
Assets    
Total investments available for sale 33,023,505 31,919,126
Cash equivalents [1] 1,629,519 1,669,652
Other investments [2] 778,396 699,402
Other assets [3] 19,563 89,549
Total assets accounted for at fair value 37,392,083 36,077,104
Collateral and counterparty netting, assets [3] (3,681) (17,947)
Liabilities    
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2017 - $3,221,803; 2016 - $3,072,615) [4] 1,037,270 937,721
Other liabilities [3] 74,107 46,757
Total liabilities accounted for at fair value 1,111,377 984,478
Collateral and counterparty nettings, liabilities [3] (3,681) (17,947)
Recurring | Quoted prices in active markets for identical assets (Level 1)    
Assets    
Total investments available for sale 844,923 898,664
Cash equivalents [1] 242,977 573,398
Other investments [2] 0 0
Other assets [3] 0 0
Total assets accounted for at fair value 1,088,405 1,472,062
Liabilities    
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2017 - $3,221,803; 2016 - $3,072,615) [4] 0 0
Other liabilities [3] 0 0
Total liabilities accounted for at fair value 0 0
Recurring | Significant other observable inputs (Level 2)    
Assets    
Total investments available for sale 32,141,463 30,974,396
Cash equivalents [1] 1,386,542 1,096,254
Other investments [2] 558,934 493,874
Other assets [3] 5,628 87,655
Total assets accounted for at fair value 36,033,162 34,351,554
Liabilities    
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2017 - $3,221,803; 2016 - $3,072,615) [4] 1,037,270 937,721
Other liabilities [3] 60,318 44,865
Total liabilities accounted for at fair value 1,097,588 982,586
Recurring | Significant other unobservable inputs (Level 3)    
Assets    
Total investments available for sale 37,119 46,066
Cash equivalents [1] 0 0
Other investments [2] 219,462 205,528
Other assets [3] 17,616 19,841
Total assets accounted for at fair value 274,197 271,435
Liabilities    
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2017 - $3,221,803; 2016 - $3,072,615) [4] 0 0
Other liabilities [3] 17,470 19,839
Total liabilities accounted for at fair value 17,470 19,839
Recurring | Excluding Life Funds Withheld Assets    
Assets    
Fixed maturities, at fair value 29,545,375 27,948,560
Short-term investments, at fair value [5] 336,054 625,193
Equity securities, at fair value 1,011,942 1,037,331
Total investments available for sale 30,893,371 29,611,084
Recurring | Excluding Life Funds Withheld Assets | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 4,313,336 3,894,388
Recurring | Excluding Life Funds Withheld Assets | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, at fair value 2,111,217 2,478,112
Recurring | Excluding Life Funds Withheld Assets | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 5,260,637 5,030,132
Recurring | Excluding Life Funds Withheld Assets | Corporate    
Assets    
Fixed maturities, at fair value 10,072,974 10,134,729
Recurring | Excluding Life Funds Withheld Assets | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 4,941,702 4,492,625
Recurring | Excluding Life Funds Withheld Assets | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 1,277,994 665,186
Recurring | Excluding Life Funds Withheld Assets | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 1,567,515 1,253,388
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1)    
Assets    
Fixed maturities, at fair value 0 0
Short-term investments, at fair value [5] 0 0
Equity securities, at fair value 844,923 898,664
Total investments available for sale 844,923 898,664
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Corporate    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2)    
Assets    
Fixed maturities, at fair value 29,508,256 27,902,494
Short-term investments, at fair value [5] 336,054 625,193
Equity securities, at fair value 167,019 138,667
Total investments available for sale 30,011,329 28,666,354
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 4,294,540 3,869,637
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, at fair value 2,111,217 2,478,112
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 5,260,637 5,030,132
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Corporate    
Assets    
Fixed maturities, at fair value 10,071,680 10,114,644
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 4,941,702 4,492,625
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 1,277,216 665,087
Recurring | Excluding Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 1,551,264 1,252,257
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3)    
Assets    
Fixed maturities, at fair value 37,119 46,066
Short-term investments, at fair value [5] 0 0
Equity securities, at fair value 0 0
Total investments available for sale 37,119 46,066
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 18,796 24,751
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Corporate    
Assets    
Fixed maturities, at fair value 1,294 20,085
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 778 99
Recurring | Excluding Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 16,251 1,131
Recurring | Life Funds Withheld Assets    
Assets    
Fixed maturities, at fair value 2,130,134 2,308,042
Fixed maturities, trading at fair value 1,866,465 1,617,014
Short-term investments, trading at fair value [5] 9,361 9,563
Total investments trading 1,875,826 1,626,577
Cash equivalents [1] 65,274 72,798
Recurring | Life Funds Withheld Assets | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 11,090 10,577
Fixed maturities, trading at fair value 15,815 14,708
Recurring | Life Funds Withheld Assets | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, trading at fair value   224
Recurring | Life Funds Withheld Assets | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 611,843 624,677
Fixed maturities, trading at fair value 465,262 444,944
Recurring | Life Funds Withheld Assets | Corporate    
Assets    
Fixed maturities, at fair value 1,211,551 1,454,608
Fixed maturities, trading at fair value 1,334,783 1,111,205
Recurring | Life Funds Withheld Assets | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 589 22,380
Fixed maturities, trading at fair value 818 961
Recurring | Life Funds Withheld Assets | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 122,223 94,240
Fixed maturities, trading at fair value 7,581 5,526
Recurring | Life Funds Withheld Assets | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 172,838 101,560
Fixed maturities, trading at fair value 42,206 39,446
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1)    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Short-term investments, trading at fair value [5] 0 0
Total investments trading 0 0
Cash equivalents [1] 505 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, trading at fair value   0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Corporate    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Quoted prices in active markets for identical assets (Level 1) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2)    
Assets    
Fixed maturities, at fair value 2,130,134 2,308,042
Fixed maturities, trading at fair value 1,866,465 1,617,014
Short-term investments, trading at fair value [5] 9,361 9,563
Total investments trading 1,875,826 1,626,577
Cash equivalents [1] 64,769 72,798
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 11,090 10,577
Fixed maturities, trading at fair value 15,815 14,708
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, trading at fair value   224
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 611,843 624,677
Fixed maturities, trading at fair value 465,262 444,944
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Corporate    
Assets    
Fixed maturities, at fair value 1,211,551 1,454,608
Fixed maturities, trading at fair value 1,334,783 1,111,205
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 589 22,380
Fixed maturities, trading at fair value 818 961
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 122,223 94,240
Fixed maturities, trading at fair value 7,581 5,526
Recurring | Life Funds Withheld Assets | Significant other observable inputs (Level 2) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 172,838 101,560
Fixed maturities, trading at fair value 42,206 39,446
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3)    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Short-term investments, trading at fair value [5] 0 0
Total investments trading 0 0
Cash equivalents [1] 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | U.S. Government and Government Agencies    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | US States, municipalities and political subdivisions of the States    
Assets    
Fixed maturities, trading at fair value   0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Non-U.S. Governments    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Corporate    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Residential mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Commercial mortgage-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value 0 0
Recurring | Life Funds Withheld Assets | Significant other unobservable inputs (Level 3) | Other asset-backed securities    
Assets    
Fixed maturities, at fair value 0 0
Fixed maturities, trading at fair value $ 0 $ 0
[1] Cash equivalents balances subject to fair value measurement include certificates of deposit and money market funds. Operating cash balances are not subject to recurring fair value measurement guidance.
[2] Excluded from Other Investments are certain investments that are measured using net asset value as a practical expedient in the amount of $194.7 million and $322.9 million at September 30, 2017 and December 31, 2016, respectively. Under GAAP, these investments are excluded from the fair value hierarchy table. In addition, the Other investments balance excludes loans held at amortized cost. These investments, which totaled $172.5 million at September 30, 2017 and $142.3 million at December 31, 2016, are carried at amortized cost. For further information, see Item 8, Note 6, "Other Investments," to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.
[3] Other assets and other liabilities include derivative instruments. The derivative balances included in each category are reported gross of cash collateral by level with a counterparty netting adjustment presented separately in the Counterparty Netting column. The fair values of the individual derivative contracts are reported gross in their respective levels based on the fair value hierarchy. For further details regarding derivative fair values and associated collateral received or paid, see Note 5, "Derivative Instruments.
[4] Funds withheld on GreyCastle Life Retro Arrangements (net of future policy benefit reserves recoverable) include balances related to the life retrocession embedded derivative, under which all investment results associated with the Life Funds Withheld Assets related to the GreyCastle Life Retro Arrangements described in Note 1, "Significant Accounting Policies," accrue to the benefit of GCLR.
[5] Short-term investments consist primarily of Other asset-backed securities, U.S. and Non-U.S. Government securities and Corporate securities.