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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

Pay Versus Performance

The following table sets forth information regarding our performance and the “compensation actually paid” to our named executive officers, as calculated in accordance with SEC disclosure rules:

               Value of Initial Fixed $100
Investment Based On:(4)
        
Year(1)    Summary
Compensation
Table Total for
PEO
($)(2)
    Compensation
Actually Paid
to PEO
($)(3)
    Average
Summary
Compensation
Table Total
for Non-
PEO Named
Executive
Officers
($)(2)
    Average
Compensation
Actually Paid
to Non-PEO
Named
Executive
Officers
($)(3)
    Total
Shareholder
Return
($)
    Peer Group
Total
Shareholder
Return
($)(5)
    Net Income
($)
(in thousands)
     Change in
Book Value
Per Share Plus
Change in
Accumulated
Dividends(6)
(%)
 
2022  10,130,622  10,086,031  3,373,344  3,575,079  96.58  144.67   (1,159,816)   (19.7)%
2021  8,908,774  8,210,429  2,963,222  2,784,054  87.91  126.01   (103,440)   (3.5)%
2020  9,573,736  5,911,812  3,429,817  2,394,301  85.30  105.39   993,058    16.0%

(1) Kevin J. O’Donnell has served as our principal executive officer for the entirety of 2020, 2021 and 2022. Our other named executive officers for the applicable years were as follows:
  - 2022: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Sean G. Brosnan
  - 2021: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Sean G. Brosnan
  - 2020: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Stephen H. Weinstein
(2) Amounts reported in this column represent (i) the total compensation reported in the Summary Compensation Table for the applicable year in the case of Mr. O’Donnell and (ii) the average of the total compensation reported in the Summary Compensation Table for the applicable year for our other named executive officers for the applicable year.
(3) To calculate the compensation actually paid (“CAP”), adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Mr. O’Donnell and for the average of the other named executive officers is set forth following the footnotes to this table.
(4) Pursuant to rules of the SEC, the comparison assumes $100 was invested on December 31, 2019. Historic stock price performance is not necessarily indicative of future stock price performance.
(5) The TSR peer group consists of the S&P 1500 Property & Casualty Insurance Index, an independently prepared index that includes companies in the property and casualty insurance industry (and which is used for the Company’s stock performance chart in the annual report).
(6) As noted in “Executive Compensation—Compensation Discussion and Analysis,” the Governance and Human Capital Committee selected change in book value per common share plus change in accumulated dividends as a key metric for evaluating and rewarding management’s performance in the 2022 incentive program design. This measure is used to determine the vesting of 75% of the performance share awards, the most heavily weighted component of our executive compensation program.

Reconciliation of CAP Adjustments

CAP Adjustments – Kevin J. O’Donnell

Year    Summary
Compensation
Table Total
($)(a)
    Minus
Grant Date
Fair
Value
of Stock
Awards
Granted in
Fiscal Year
($)(b)
     Plus Fair
Value at
Fiscal
Year-End of
Outstanding
and
Unvested
Stock
Awards
Granted in
Fiscal Year
($)(c)
    Plus/(Minus)
Change in
Fair Value of
Outstanding
and
Unvested
Granted in
Prior Fiscal
Years
($)(d)
     Plus Fair
Value at
Vesting
of Stock
Awards
Granted in
Fiscal Year
that Vested
During
Fiscal Year
($)(e)
    Plus/(Minus)
Change
in Fair
Value as of
Vesting Date
of Stock
Awards
Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During
Fiscal Year
($)(f)
     Minus Fair
Value as of
Prior Fiscal
Year-End
of Stock
Awards
Granted
in Prior
Fiscal Years
that Failed
to Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
     Plus
Dollar
Value of
Dividends
Paid
During
the Year
on Stock
Awards
($)(h)
    Equals
Compensation
Actually Paid
($)
2022  10,130,622   (5,014,750)  6,350,040   740,992      (372,333)   (1,806,074)  57,534  10,086,031
2021  8,908,774   (4,674,712)  4,867,899   165,907      (19,819)   (1,208,330)  170,710  8,210,429
2020  9,573,736   (4,674,754)  4,549,106   (2,015,955)     (779,437)   (896,109)  155,225  5,911,812

CAP Adjustments – Other Non-PEO Named Executive Officers (Average)

Year    Summary
Compensation
Table Total
($)(a)
    Minus
Grant Date
Fair
Value
of Stock
Awards
Granted in
Fiscal Year
($)(b)
     Plus Fair
Value at
Fiscal
Year-End of
Outstanding
and
Unvested
Stock
Awards
Granted in
Fiscal Year
($)(c)
    Plus/(Minus)
Change in
Fair Value of
Outstanding
and
Unvested
Granted in
Prior Fiscal
Years
($)(d)
     Plus Fair
Value at
Vesting
of Stock
Awards
Granted in
Fiscal Year
that Vested
During
Fiscal Year
($)(e)
  Plus/(Minus)
Change
in Fair
Value as of
Vesting Date
of Stock
Awards
Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During
Fiscal Year
($)(f)
     Minus Fair
Value as of
Prior Fiscal
Year-End
of Stock
Awards
Granted
in Prior
Fiscal Years
that Failed
to Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
     Plus
Dollar
Value of
Dividends
Paid
During
the Year
on Stock
Awards
($)(h)
    Equals
Compensation
Actually Paid
($)
2022  3,373,344   (1,446,571)  1,831,753   208,920      (122,955)   (287,819)  18,407  3,575,079
2021  2,963,222   (1,267,789)  1,320,181   45,919      (10,064)   (302,207)  34,792  2,784,054
2020  3,429,817   (1,636,096)  1,418,051   (488,150)  174,070     (296,553)   (250,841)  44,003  2,394,301

(a) Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the CAP Adjustments - Other Non-PEO Named Executive Officer table, amounts shown represent averages. See footnote 1 for a list of the named executive officers included in the average for each indicated fiscal year.
(b) Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
(c) Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes.
(d) Represents the change in fair value during the indicated fiscal year of the outstanding and unvested stock awards held by the applicable named executive officer as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
(e) Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
(f) Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
(g) Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
(h) Represents the aggregate value of dividends paid on outstanding and unvested stock awards.
   
Company Selected Measure Name Change in Book Value Per Share Plus Change in Accumulated Dividends    
Named Executive Officers, Footnote [Text Block] Kevin J. O’Donnell has served as our principal executive officer for the entirety of 2020, 2021 and 2022. Our other named executive officers for the applicable years were as follows: -2022: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Sean G. Brosnan -2021: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Sean G. Brosnan -2020: Robert Qutub; Ross A. Curtis; Ian D. Branagan; and Stephen H. Weinstein    
Peer Group Issuers, Footnote [Text Block] The TSR peer group consists of the S&P 1500 Property & Casualty Insurance Index, an independently prepared index that includes companies in the property and casualty insurance industry (and which is used for the Company’s stock performance chart in the annual report).    
PEO Total Compensation Amount $ 10,130,622 $ 8,908,774 $ 9,573,736
PEO Actually Paid Compensation Amount $ 10,086,031 8,210,429 5,911,812
Adjustment To PEO Compensation, Footnote [Text Block] To calculate the compensation actually paid (“CAP”), adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Mr. O’Donnell and for the average of the other named executive officers is set forth following the footnotes to this table.    
Non-PEO NEO Average Total Compensation Amount $ 3,373,344 2,963,222 3,429,817
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,575,079 2,784,054 2,394,301
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] To calculate the compensation actually paid (“CAP”), adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Mr. O’Donnell and for the average of the other named executive officers is set forth following the footnotes to this table.    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Below is a description of the relationships between executive compensation actually paid by us to the PEO and the average of the executive compensation actually paid to the named executive officers other than the PEO, and the cumulative total shareholder return; net income (loss); and change in book value per share plus change in accumulated dividends. As described in “Executive Compensation—Compensation Discussion and Analysis”, our executive compensation program is heavily weighted towards long-term incentive awards that are settled in stock. Given this weighting towards long-term incentives, our compensation actually paid is less impacted by our net income and change in book value per share plus change in accumulated dividends and most greatly impacted by changes in our stock price.

Compensation Actually Paid vs Company and
Index Total Shareholder Return

   
Compensation Actually Paid vs. Net Income [Text Block]

Compensation Actually Paid vs Company
Net Income (loss)

   
Compensation Actually Paid vs. Company Selected Measure [Text Block]

Compensation Actually Paid vs Change in Book Value
Per Share Plus Change in Accumulated Dividends

   
Tabular List [Table Text Block]

Performance Measures Used to Link Company Performance and Compensation Actually Paid to the NEOs

The following is a list of financial performance measures, which in our assessment represent the most important financial performance measures used by us to link our performance to compensation actually paid to the named executive officers for 2022. Please see “Executive Compensation—Compensation Discussion and Analysis” for a further description of these metrics and how they are used in our executive compensation program.

Change in book value per share plus change in accumulated dividends
   
Operating return on average common shareholders’ equity
   
Combined ratio
   
Gross premiums written
   
Underwriting expense ratio
   
Total Shareholder Return Amount $ 96.58 87.91 85.3
Peer Group Total Shareholder Return Amount 144.67 126.01 105.39
Net Income (Loss) $ (1,159,816,000) $ (103,440,000) $ 993,058,000
Company Selected Measure Amount (19.7) (3.5) 16
PEO Name Kevin J. O’Donnell    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Change in book value per share plus change in accumulated dividends    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Operating return on average common shareholders’ equity    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Combined ratio    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Gross premiums written    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Underwriting expense ratio    
PEO [Member] | Fair Value Of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (5,014,750) $ (4,674,712) $ (4,674,754)
PEO [Member] | Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 6,350,040 4,867,899 4,549,106
PEO [Member] | Change in Fair Value of Outstanding and Unvested Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 740,992 165,907 (2,015,955)
PEO [Member] | Fair Value at Vesting of Stock Awards Granted in Fiscal Year that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (372,333) (19,819) (779,437)
PEO [Member] | Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,806,074) (1,208,330) (896,109)
PEO [Member] | Value of Dividends Paid During the Year on Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 57,534 170,710 155,225
Non-PEO NEO [Member] | Fair Value Of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,446,571) (1,267,789) (1,636,096)
Non-PEO NEO [Member] | Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,831,753 1,320,181 1,418,051
Non-PEO NEO [Member] | Change in Fair Value of Outstanding and Unvested Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 208,920 45,919 (488,150)
Non-PEO NEO [Member] | Fair Value at Vesting of Stock Awards Granted in Fiscal Year that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 174,070
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (122,955) (10,064) (296,553)
Non-PEO NEO [Member] | Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (287,819) (302,207) (250,841)
Non-PEO NEO [Member] | Value of Dividends Paid During the Year on Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 18,407 $ 34,792 $ 44,003