XML 61 R22.htm IDEA: XBRL DOCUMENT
v3.2.0.727

New Accounting Pronouncements | 6 Months Ended
--- | ---
Jun. 30, 2015
New Accounting Pronouncements | 15. New Accounting Pronouncements In May, 2015, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance surrounding investments in certain entities that calculate net asset value per share. The new guidance removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. It also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. This guidance is effective for public business entities for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. In May, 2015, the FASB issued new accounting guidance surrounding short-duration contracts. The new guidance requires additional disclosure surrounding the liability for unpaid claims and claim adjustment expenses. This guidance is effective for public business entities for annual periods beginning after December 15, 2015 and interim periods within annual periods beginning after December 15, 2016. The Company does not expect either of these two new accounting pronouncements to have a material impact on the Company’s consolidated statements of financial position or results of operations.

X
- Definition Description Of New Accounting Pronouncements + References No definition available. + Details
Name: | gbli_DescriptionOfNewAccountingPronouncementsTextBlock
Namespace Prefix: | gbli_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration