|
Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2012
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Dec. 31, 2011
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|---|---|---|---|---|---|---|
| Total fixed maturity investments | $ 4,302,119 | $ 4,433,517 | ||||
| Short-term investments | 1,172,839 | 905,477 | ||||
| Equity investments trading | 53,080 | 50,560 | ||||
| Other investments | 806,782 | 748,984 | ||||
| Total other assets and (liabilities) | 53,504 | 16,071 | ||||
| Total assets and liabilities measured on recurring basis | 6,388,324 | 6,154,609 | ||||
|
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total fixed maturity investments | 1,309,243 | 885,152 | ||||
| Short-term investments | 0 | 0 | ||||
| Equity investments trading | 53,080 | 50,560 | ||||
| Other investments | 0 | 0 | ||||
| Total other assets and (liabilities) | (1,068) | (6,162) | ||||
| Total assets and liabilities measured on recurring basis | 1,361,255 | 929,550 | ||||
|
Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 2,965,038 | 3,520,604 | ||||
| Short-term investments | 1,172,839 | 905,477 | ||||
| Equity investments trading | 0 | 0 | ||||
| Other investments | 388,245 | 352,458 | ||||
| Total other assets and (liabilities) | 6,427 | (6,293) | ||||
| Total assets and liabilities measured on recurring basis | 4,532,549 | 4,772,246 | ||||
|
Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total fixed maturity investments | 27,838 | 27,761 | ||||
| Short-term investments | 0 | 0 | ||||
| Equity investments trading | 0 | 0 | ||||
| Other investments | 418,537 | 396,526 | ||||
| Total other assets and (liabilities) | 48,145 | 28,526 | ||||
| Total assets and liabilities measured on recurring basis | 494,520 | 452,813 | ||||
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U.S. treasuries [Member]
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| Total fixed maturity investments | 1,309,243 | 885,152 | ||||
|
U.S. treasuries [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total fixed maturity investments | 1,309,243 | 885,152 | ||||
|
U.S. treasuries [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
|
U.S. treasuries [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Agencies [Member]
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| Total fixed maturity investments | 343,575 | 158,561 | ||||
|
Agencies [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Total fixed maturity investments | 0 | 0 | ||||
|
Agencies [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 343,575 | 158,561 | ||||
|
Agencies [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
|
Non-U.S. government (Sovereign Debt) [Member]
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||||||
| Total fixed maturity investments | 130,899 | 227,912 | ||||
|
Non-U.S. government (Sovereign Debt) [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
|
Non-U.S. government (Sovereign Debt) [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 130,899 | 227,912 | ||||
|
Non-U.S. government (Sovereign Debt) [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
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FDIC guaranteed corporate [Member]
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| Total fixed maturity investments | 103,554 | 423,630 | ||||
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FDIC guaranteed corporate [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Total fixed maturity investments | 0 | 0 | ||||
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FDIC guaranteed corporate [Member] | Significant Other Observable Inputs (Level 2) [Member]
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||||||
| Total fixed maturity investments | 103,554 | 423,630 | ||||
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FDIC guaranteed corporate [Member] | Significant Unobservable Inputs (Level 3) [Member]
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||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Non-U.S. government-backed corporate [Member]
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||||||
| Total fixed maturity investments | 501,160 | 641,082 | ||||
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Non-U.S. government-backed corporate [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
|
Non-U.S. government-backed corporate [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 501,160 | 641,082 | ||||
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Non-U.S. government-backed corporate [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Corporate [Member]
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| Total fixed maturity investments | 1,146,211 | 1,206,904 | ||||
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Corporate [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Corporate [Member] | Significant Other Observable Inputs (Level 2) [Member]
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||||||
| Total fixed maturity investments | 1,118,373 | 1,179,143 | ||||
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Corporate [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Total fixed maturity investments | 27,838 | 27,761 | ||||
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Agency mortgage-backed [Member]
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| Total fixed maturity investments | 319,215 | 441,749 | ||||
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Agency mortgage-backed [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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| Total fixed maturity investments | 0 | 0 | ||||
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Agency mortgage-backed [Member] | Significant Other Observable Inputs (Level 2) [Member]
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| Total fixed maturity investments | 319,215 | 441,749 | ||||
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Agency mortgage-backed [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Total fixed maturity investments | 0 | 0 | ||||
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Non-agency mortgage-backed [Member]
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| Total fixed maturity investments | 108,047 | 104,771 | ||||
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Non-agency mortgage-backed [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Non-agency mortgage-backed [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total fixed maturity investments | 108,047 | 104,771 | ||||
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Non-agency mortgage-backed [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
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| Total fixed maturity investments | 0 | 0 | ||||
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Commercial mortgage-backed [Member]
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| Total fixed maturity investments | 329,343 | 325,729 | ||||
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Commercial mortgage-backed [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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| Total fixed maturity investments | 0 | 0 | ||||
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Commercial mortgage-backed [Member] | Significant Other Observable Inputs (Level 2) [Member]
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||||||
| Total fixed maturity investments | 329,343 | 325,729 | ||||
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Commercial mortgage-backed [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Total fixed maturity investments | 0 | 0 | ||||
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Asset-backed [Member]
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| Total fixed maturity investments | 10,872 | 18,027 | ||||
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Asset-backed [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Total fixed maturity investments | 0 | 0 | ||||
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Asset-backed [Member] | Significant Other Observable Inputs (Level 2) [Member]
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| Total fixed maturity investments | 10,872 | 18,027 | ||||
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Asset-backed [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Total fixed maturity investments | 0 | 0 | ||||
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Private equity partnerships [Member]
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| Other investments | 389,451 | 367,909 | ||||
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Private equity partnerships [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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| Other investments | 0 | 0 | ||||
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Private equity partnerships [Member] | Significant Other Observable Inputs (Level 2) [Member]
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| Other investments | 0 | 0 | ||||
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Private equity partnerships [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Other investments | 389,451 | 367,909 | ||||
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Senior secured bank loan funds [Member]
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| Other investments | 266,141 | 257,870 | ||||
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Senior secured bank loan funds [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Other investments | 0 | 0 | ||||
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Senior secured bank loan funds [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
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| Other investments | 245,141 | 237,815 | ||||
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Senior secured bank loan funds [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Other investments | 21,000 | 20,055 | ||||
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Catastrophe bonds [Member]
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| Other investments | 95,827 | 70,999 | ||||
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Catastrophe bonds [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
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||||||
| Other investments | 0 | 0 | ||||
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Catastrophe bonds [Member] | Significant Other Observable Inputs (Level 2) [Member]
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||||||
| Other investments | 95,827 | 70,999 | ||||
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Catastrophe bonds [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
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| Other investments | 0 | 0 | ||||
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Non-U.S. fixed income funds [Member]
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| Other investments | 31,713 | 28,862 | ||||
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Non-U.S. fixed income funds [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Other investments | 0 | 0 | ||||
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Non-U.S. fixed income funds [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Other investments | 31,713 | 28,862 | ||||
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Non-U.S. fixed income funds [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Other investments | 0 | 0 | ||||
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Hedge Funds [Member]
|
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| Other investments | 22,310 | 21,344 | ||||
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Hedge Funds [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Other investments | 0 | 0 | ||||
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Hedge Funds [Member] | Significant Other Observable Inputs (Level 2) [Member]
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||||||
| Other investments | 15,564 | 14,782 | ||||
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Hedge Funds [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Other investments | 6,746 | 6,562 | ||||
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Miscellaneous other investments [Member]
|
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| Other investments | 1,340 | 2,000 | ||||
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Miscellaneous other investments [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Other investments | 0 | 0 | ||||
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Miscellaneous other investments [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Other investments | 0 | 0 | ||||
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Miscellaneous other investments [Member] | Significant Unobservable Inputs (Level 3) [Member]
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| Other investments | 1,340 | 2,000 | ||||
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Assumed and ceded reinsurance contracts [Member]
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| Total other assets and (liabilities) | 6,163 | 2,115 | ||||
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Assumed and ceded reinsurance contracts [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
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| Total other assets and (liabilities) | 0 | 0 | ||||
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Assumed and ceded reinsurance contracts [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total other assets and (liabilities) | 0 | 0 | ||||
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Assumed and ceded reinsurance contracts [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total other assets and (liabilities) | 6,163 | 2,115 | ||||
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Derivatives [Member]
|
||||||
| Total other assets and (liabilities) | 33,405 | [1] | 3,312 | [1] | ||
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Derivatives [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total other assets and (liabilities) | 413 | 707 | [1] | |||
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Derivatives [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total other assets and (liabilities) | 6,427 | (6,293) | [1] | |||
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Derivatives [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total other assets and (liabilities) | 26,565 | 8,898 | [1] | |||
|
Other [Member]
|
||||||
| Total other assets and (liabilities) | 13,936 | 10,644 | ||||
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Other [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
|
||||||
| Total other assets and (liabilities) | (1,481) | (6,869) | ||||
|
Other [Member] | Significant Other Observable Inputs (Level 2) [Member]
|
||||||
| Total other assets and (liabilities) | 0 | 0 | ||||
|
Other [Member] | Significant Unobservable Inputs (Level 3) [Member]
|
||||||
| Total other assets and (liabilities) | $ 15,417 | $ 17,513 | ||||
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