|
Segments - Net Income (Loss) and Total Assets (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Jun. 30, 2013
|
Jun. 30, 2012
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Jun. 30, 2013
Segment
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Jun. 30, 2012
|
Dec. 31, 2011
|
Dec. 31, 2012
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| Segment Reporting Information [Line Items] | ||||||||||||||||||
| Number of operating segments | 3 | |||||||||||||||||
| Net Income (Loss) [Abstract] | ||||||||||||||||||
| Net premiums written | $ 497,949 | $ 411,960 | $ 1,187,008 | $ 1,002,793 | ||||||||||||||
| Net premiums earned | 513,273 | 437,116 | 1,001,715 | 875,612 | ||||||||||||||
| Other insurance revenue | 2,780 | 2,274 | 7,995 | 7,028 | ||||||||||||||
| Net loss and loss adjustment expenses | (343,347) | (300,435) | (678,242) | (588,352) | ||||||||||||||
| Commission and other acquisition expenses | (143,572) | (114,663) | (275,902) | (246,921) | ||||||||||||||
| General and administrative expenses | (11,837) | (12,869) | (23,298) | (23,869) | ||||||||||||||
| Underwriting income | 17,297 | 11,423 | 32,268 | 23,498 | ||||||||||||||
| Reconciliation to net loss attributable to Maiden shareholders [Abstract] | ||||||||||||||||||
| Net investment income and realized and unrealized gains (losses) on investment | 20,692 | 17,146 | 45,954 | 36,948 | ||||||||||||||
| Amortization of intangible assets | (945) | (1,091) | (1,890) | (2,181) | ||||||||||||||
| Foreign exchange and other (gains) losses | 1,049 | (874) | 2,596 | 105 | 105 | |||||||||||||
| Interest and amortization expenses | (9,570) | (9,568) | (19,140) | (17,246) | ||||||||||||||
| Other general and administrative expenses | (4,980) | (2,339) | (7,614) | (5,170) | ||||||||||||||
| Income tax expense | (212) | (91) | (736) | (970) | ||||||||||||||
| Net income attributable to noncontrolling interest | (32) | (65) | (59) | (66) | ||||||||||||||
| Dividends on preference shares | (3,094) | 0 | (6,188) | 0 | ||||||||||||||
| Net income attributable to Maiden common shareholders | 20,205 | 14,541 | 45,191 | 34,918 | ||||||||||||||
| Net loss and loss expense ratio | 66.50% | [1] | 68.40% | [1] | 67.20% | [1] | 66.70% | [1] | ||||||||||
| Acquisition cost ratio | 27.80% | [2] | 26.10% | [2] | 27.30% | [2] | 28.00% | [2] | ||||||||||
| General and administrative expense ratio | 3.30% | [3] | 3.40% | [3] | 3.10% | [3] | 3.20% | [3] | ||||||||||
| Combined ratio | 97.60% | [4] | 97.90% | [4] | 97.60% | [4] | 97.90% | [4] | ||||||||||
| Assets [Abstract] | ||||||||||||||||||
| Reinsurance balance receivable, net | 685,095 | 685,095 | 522,614 | |||||||||||||||
| Funds withheld | 43,706 | 43,706 | 42,712 | |||||||||||||||
| Prepaid reinsurance premiums | 48,944 | 48,944 | 38,725 | |||||||||||||||
| Reinsurance recoverable on unpaid losses | 101,143 | 101,143 | 110,858 | |||||||||||||||
| Deferred commissions and other acquisition expenses | 314,839 | 314,839 | 270,669 | |||||||||||||||
| Loan to related party | 167,975 | 167,975 | 167,975 | |||||||||||||||
| Goodwill and intangible assets, net | 92,503 | 92,503 | 94,393 | |||||||||||||||
| Restricted cash and cash equivalents and investments | 2,156,970 | 2,156,970 | 2,167,318 | |||||||||||||||
| Other assets | 6,485 | 6,485 | 5,864 | |||||||||||||||
| Total Assets - Operating Segments | 3,617,660 | 3,617,660 | 3,421,128 | |||||||||||||||
| Corporate assets | 788,190 | 717,035 | 788,190 | 717,035 | ||||||||||||||
| Total assets | 4,405,850 | 4,405,850 | 4,138,163 | |||||||||||||||
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Diversified Reinsurance Segment [Member]
|
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| Net Income (Loss) [Abstract] | ||||||||||||||||||
| Net premiums written | 134,934 | 143,981 | 402,544 | 432,277 | ||||||||||||||
| Net premiums earned | 178,336 | 199,130 | 374,585 | 403,593 | ||||||||||||||
| Other insurance revenue | 2,780 | 2,274 | 7,995 | 7,028 | ||||||||||||||
| Net loss and loss adjustment expenses | (120,837) | (138,420) | (261,600) | (270,812) | ||||||||||||||
| Commission and other acquisition expenses | (44,438) | (47,945) | (89,220) | (112,094) | ||||||||||||||
| General and administrative expenses | (11,153) | (12,145) | (21,951) | (22,593) | ||||||||||||||
| Underwriting income | 4,688 | 2,894 | 9,809 | 5,122 | ||||||||||||||
| Reconciliation to net loss attributable to Maiden shareholders [Abstract] | ||||||||||||||||||
| Net loss and loss expense ratio | 66.70% | [1] | 68.70% | [1] | 68.40% | [1] | 66.00% | [1] | ||||||||||
| Acquisition cost ratio | 24.50% | [2] | 23.80% | [2] | 23.30% | [2] | 27.30% | [2] | ||||||||||
| General and administrative expense ratio | 6.20% | [3] | 6.10% | [3] | 5.70% | [3] | 5.50% | [3] | ||||||||||
| Combined ratio | 97.40% | [4] | 98.60% | [4] | 97.40% | [4] | 98.80% | [4] | ||||||||||
| Assets [Abstract] | ||||||||||||||||||
| Reinsurance balance receivable, net | 304,635 | 304,635 | 260,161 | |||||||||||||||
| Funds withheld | 43,706 | 43,706 | 42,712 | |||||||||||||||
| Prepaid reinsurance premiums | 48,944 | 48,944 | 38,725 | |||||||||||||||
| Reinsurance recoverable on unpaid losses | 101,143 | 101,143 | 110,858 | |||||||||||||||
| Deferred commissions and other acquisition expenses | 84,080 | 84,080 | 83,287 | |||||||||||||||
| Loan to related party | 0 | 0 | 0 | |||||||||||||||
| Goodwill and intangible assets, net | 92,503 | 92,503 | 94,393 | |||||||||||||||
| Restricted cash and cash equivalents and investments | 1,096,736 | 1,096,736 | 1,219,454 | |||||||||||||||
| Other assets | 6,485 | 6,485 | 5,864 | |||||||||||||||
| Total Assets - Operating Segments | 1,778,232 | 1,778,232 | 1,855,454 | |||||||||||||||
| Corporate assets | 0 | 0 | 0 | |||||||||||||||
| Total assets | 1,778,232 | 1,778,232 | 1,855,454 | |||||||||||||||
|
AmTrust Quota Share Reinsurance Segment [Member]
|
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| Net Income (Loss) [Abstract] | ||||||||||||||||||
| Net premiums written | 290,578 | 195,629 | 635,396 | 421,644 | ||||||||||||||
| Net premiums earned | 261,404 | 167,816 | 481,692 | 335,695 | ||||||||||||||
| Other insurance revenue | 0 | 0 | 0 | 0 | ||||||||||||||
| Net loss and loss adjustment expenses | (172,925) | (116,755) | (318,570) | (229,611) | ||||||||||||||
| Commission and other acquisition expenses | (76,198) | (44,590) | (141,330) | (91,759) | ||||||||||||||
| General and administrative expenses | (505) | (530) | (994) | (909) | ||||||||||||||
| Underwriting income | 11,776 | 5,941 | 20,798 | 13,416 | ||||||||||||||
| Reconciliation to net loss attributable to Maiden shareholders [Abstract] | ||||||||||||||||||
| Net loss and loss expense ratio | 66.20% | [1] | 69.60% | [1] | 66.10% | [1] | 68.40% | [1] | ||||||||||
| Acquisition cost ratio | 29.10% | [2] | 26.60% | [2] | 29.30% | [2] | 27.30% | [2] | ||||||||||
| General and administrative expense ratio | 0.20% | [3] | 0.30% | [3] | 0.30% | [3] | 0.30% | [3] | ||||||||||
| Combined ratio | 95.50% | [4] | 96.50% | [4] | 95.70% | [4] | 96.00% | [4] | ||||||||||
| Assets [Abstract] | ||||||||||||||||||
| Reinsurance balance receivable, net | 284,286 | 284,286 | 170,983 | |||||||||||||||
| Funds withheld | 0 | 0 | 0 | |||||||||||||||
| Prepaid reinsurance premiums | 0 | 0 | 0 | |||||||||||||||
| Reinsurance recoverable on unpaid losses | 0 | 0 | 0 | |||||||||||||||
| Deferred commissions and other acquisition expenses | 195,848 | 195,848 | 153,530 | |||||||||||||||
| Loan to related party | 167,975 | 167,975 | 167,975 | |||||||||||||||
| Goodwill and intangible assets, net | 0 | 0 | 0 | |||||||||||||||
| Restricted cash and cash equivalents and investments | 964,770 | 964,770 | 857,013 | |||||||||||||||
| Other assets | 0 | 0 | 0 | |||||||||||||||
| Total Assets - Operating Segments | 1,612,879 | 1,612,879 | 1,349,501 | |||||||||||||||
| Corporate assets | 0 | 0 | 0 | |||||||||||||||
| Total assets | 1,612,879 | 1,612,879 | 1,349,501 | |||||||||||||||
|
NGHC Quota Share Segment [Member]
|
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| Net Income (Loss) [Abstract] | ||||||||||||||||||
| Net premiums written | 72,437 | 72,350 | 149,068 | 148,872 | ||||||||||||||
| Net premiums earned | 73,533 | 70,170 | 145,438 | 136,324 | ||||||||||||||
| Other insurance revenue | 0 | 0 | 0 | 0 | ||||||||||||||
| Net loss and loss adjustment expenses | (49,585) | (45,260) | (98,072) | (87,929) | ||||||||||||||
| Commission and other acquisition expenses | (22,936) | (22,128) | (45,352) | (43,068) | ||||||||||||||
| General and administrative expenses | (179) | (194) | (353) | (367) | ||||||||||||||
| Underwriting income | 833 | 2,588 | 1,661 | 4,960 | ||||||||||||||
| Reconciliation to net loss attributable to Maiden shareholders [Abstract] | ||||||||||||||||||
| Net loss and loss expense ratio | 67.40% | [1] | 64.50% | [1] | 67.40% | [1] | 64.50% | [1] | ||||||||||
| Acquisition cost ratio | 31.20% | [2] | 31.50% | [2] | 31.20% | [2] | 31.60% | [2] | ||||||||||
| General and administrative expense ratio | 0.30% | [3] | 0.30% | [3] | 0.30% | [3] | 0.30% | [3] | ||||||||||
| Combined ratio | 98.90% | [4] | 96.30% | [4] | 98.90% | [4] | 96.40% | [4] | ||||||||||
| Assets [Abstract] | ||||||||||||||||||
| Reinsurance balance receivable, net | 96,174 | 96,174 | 91,470 | |||||||||||||||
| Funds withheld | 0 | 0 | 0 | |||||||||||||||
| Prepaid reinsurance premiums | 0 | 0 | 0 | |||||||||||||||
| Reinsurance recoverable on unpaid losses | 0 | 0 | 0 | |||||||||||||||
| Deferred commissions and other acquisition expenses | 34,911 | 34,911 | 33,852 | |||||||||||||||
| Loan to related party | 0 | 0 | 0 | |||||||||||||||
| Goodwill and intangible assets, net | 0 | 0 | 0 | |||||||||||||||
| Restricted cash and cash equivalents and investments | 95,464 | 95,464 | 90,851 | |||||||||||||||
| Other assets | 0 | 0 | 0 | |||||||||||||||
| Total Assets - Operating Segments | 226,549 | 226,549 | 216,173 | |||||||||||||||
| Corporate assets | 0 | 0 | 0 | |||||||||||||||
| Total assets | $ 226,549 | $ 226,549 | $ 216,173 | |||||||||||||||
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