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Segment Information (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Segment Reporting Information [Line Items]                      
Gross premiums written                 $ 3,436,456,000 [1] $ 3,266,787,000 [1] $ 3,592,931,000 [1]
Net premiums written 511,124,000 691,381,000 706,543,000 764,278,000 482,911,000 636,117,000 624,258,000 767,754,000 2,673,326,000 2,511,040,000 2,763,112,000
Net premiums earned 673,192,000 682,049,000 642,879,000 633,695,000 632,146,000 627,409,000 623,011,000 669,917,000 2,631,815,000 2,552,483,000 2,842,745,000
Fee income 982,000 848,000 784,000 815,000 2,814,000 874,000 883,000 794,000 3,429,000 5,365,000 3,462,000
Losses and loss adjustment expenses (378,067,000) (423,984,000) (431,622,000) (493,880,000) (367,326,000) (359,193,000) (363,145,000) (428,051,000) (1,727,553,000) (1,517,715,000) (1,654,674,000)
Acquisition expenses, net (123,339,000) (120,205,000) (110,639,000) (108,754,000) (104,824,000) (111,279,000) (107,475,000) (117,624,000) (462,937,000) (441,202,000) (493,560,000)
Other expenses                 (400,100,000) (403,927,000) (361,907,000)
Underwriting income                 44,654,000 195,004,000 336,066,000
Net investment income 80,467,000 82,753,000 86,671,000 88,307,000 90,601,000 90,768,000 90,537,000 92,972,000 338,198,000 364,878,000 390,131,000
Net realized gains (losses) 14,542,000 30,199,000 45,210,000 20,695,000 74,027,000 68,828,000 62,114,000 47,782,000 110,646,000 252,751,000 143,582,000
Net impairment losses recognized in earnings (1,959,000) (2,739,000) (1,684,000) (2,680,000) (3,230,000) (2,075,000) (4,410,000) (1,606,000) (9,062,000) (11,321,000) (66,133,000)
Equity in net income of investment funds accounted for using the equity method (14,702,000) (30,549,000) 5,973,000 29,673,000 22,990,000 9,708,000 (348,000) 29,050,000 (9,605,000) 61,400,000 167,819,000
Other income (4,848,000) 2,432,000 (4,265,000) 4,567,000 6,165,000 1,840,000 4,528,000 5,978,000 (2,114,000) 18,511,000 20,016,000
Other expenses                 (31,380,000) (28,868,000) (30,231,000)
Interest expense (8,087,000) (8,125,000) (7,758,000) (7,721,000) (7,460,000) (7,371,000) (7,916,000) (7,260,000) (31,691,000) (30,007,000) (24,440,000)
Net foreign exchange (gains) losses 12,613,000 60,040,000 (18,375,000) (36,912,000) 6,039,000 (65,157,000) 48,625,000 38,601,000 17,366,000 28,108,000 (39,157,000)
Income before income taxes                 427,012,000 850,456,000 897,653,000
Income tax benefit (expense) 4,977,000 2,267,000 1,731,000 371,000 3,505,000 (3,200,000) (1,420,000) (6,753,000) 9,346,000 (7,868,000) (20,708,000)
Net income 143,272,000 168,988,000 98,342,000 25,756,000 234,112,000 148,031,000 243,451,000 216,994,000 436,358,000 842,588,000 876,945,000
Dividends declared on preferred shares (6,461,000) (6,461,000) (6,461,000) (6,461,000) (6,461,000) (6,461,000) (6,461,000) (6,461,000) (25,844,000) (25,844,000) (25,844,000)
Net income available to common shareholders 136,811,000 162,527,000 91,881,000 19,295,000 227,651,000 141,570,000 236,990,000 210,533,000 410,514,000 816,744,000 851,101,000
Insurance Ratios [Abstract]                      
Loss ratio                 65.60% 59.50% 58.20%
Acquisition expense ratio                 17.50% [2] 17.20% [2] 17.20% [2]
Other operating expense ratio                 15.20% 15.80% 12.70%
Combined ratio                 98.30% 92.50% 88.10%
Insurance Segment [Member]
                     
Segment Reporting Information [Line Items]                      
Gross premiums written                 2,444,485,000 [1] 2,402,202,000 [1] 2,512,127,000 [1]
Net premiums written                 1,721,279,000 [1] 1,658,963,000 [1] 1,704,284,000 [1]
Net premiums earned                 1,679,047,000 [1] 1,651,106,000 [1] 1,688,519,000 [1]
Fee income                 2,870,000 3,252,000 3,362,000
Losses and loss adjustment expenses                 (1,172,742,000) (1,117,564,000) (1,139,415,000)
Acquisition expenses, net                 (278,696,000) (263,201,000) (238,261,000)
Other expenses                 (306,801,000) (312,404,000) (281,340,000)
Underwriting income                 (76,322,000) (38,811,000) 32,865,000
Insurance Ratios [Abstract]                      
Loss ratio                 69.80% 67.70% 67.50%
Acquisition expense ratio                 16.40% [2] 15.70% [2] 13.90% [2]
Other operating expense ratio                 18.30% 18.90% 16.70%
Combined ratio                 104.50% 102.30% 98.10%
Reinsurance Segment [Member]
                     
Segment Reporting Information [Line Items]                      
Gross premiums written                 998,520,000 [1] 874,957,000 [1] 1,093,940,000 [1]
Net premiums written                 952,047,000 [1] 852,077,000 [1] 1,058,828,000 [1]
Net premiums earned                 952,768,000 [1] 901,377,000 [1] 1,154,226,000 [1]
Fee income                 559,000 2,113,000 100,000
Losses and loss adjustment expenses                 (554,811,000) (400,151,000) (515,259,000)
Acquisition expenses, net                 (184,241,000) (178,001,000) (255,299,000)
Other expenses                 (93,299,000) (91,523,000) (80,567,000)
Underwriting income                 $ 120,976,000 $ 233,815,000 $ 303,201,000
Insurance Ratios [Abstract]                      
Loss ratio                 58.20% 44.40% 44.60%
Acquisition expense ratio                 19.30% [2] 19.70% [2] 22.10% [2]
Other operating expense ratio                 9.80% 10.20% 7.00%
Combined ratio                 87.30% 74.30% 73.70%
[1] Certain amounts included in the gross premiums written of each segment are related to intersegment transactions. Accordingly, the sum of gross premiums written for each segment does not agree to the total gross premiums written as shown in the table above due to the elimination of intersegment transactions in the total.
[2] The acquisition expense ratio is adjusted to include policy-related fee income.