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Segment Reporting Disclosures (Company's Segment Disclosures) (Details) (USD $)
3 Months Ended 12 Months Ended 3 Months Ended
Mar. 31, 2012
segment
Mar. 31, 2011
Dec. 31, 2012
Accounting Standards Update 2010-26 [Member]
Mar. 31, 2012
Excess And Surplus Lines [Member]
Mar. 31, 2011
Excess And Surplus Lines [Member]
Mar. 31, 2012
Specialty Admitted [Member]
Mar. 31, 2011
Specialty Admitted [Member]
Mar. 31, 2012
London Insurance Market [Member]
Mar. 31, 2011
London Insurance Market [Member]
Mar. 31, 2012
Other Insurance (Discontinued Lines) [Member]
Mar. 31, 2011
Other Insurance (Discontinued Lines) [Member]
Mar. 31, 2012
Investing [Member]
Mar. 31, 2011
Investing [Member]
Segment Reporting Information [Line Items]                          
Number of segments of the specialty insurance marketplace in which the Company operates 3                        
Gross premium volume $ 648,618,000 $ 590,783,000   $ 222,929,000 $ 201,371,000 $ 148,122,000 $ 134,321,000 $ 277,566,000 $ 255,001,000 $ 1,000 $ 90,000 $ 0 $ 0
Net written premiums 581,166,000 519,012,000   192,913,000 175,537,000 140,552,000 127,239,000 247,700,000 216,139,000 1,000 97,000 0 0
Earned premiums 529,596,000 463,111,000   199,378,000 181,057,000 133,475,000 122,476,000 196,742,000 159,483,000 1,000 95,000 0 0
Losses and loss adjustment expenses, Current accident year (352,506,000) (388,853,000)   (128,067,000) (122,507,000) (92,693,000) (78,470,000) (131,746,000) (187,876,000) 0 0 0 0
Losses and loss adjustment expenses, Prior accident years 63,985,000 74,525,000   30,587,000 56,792,000 4,326,000 198,000 21,465,000 12,634,000 7,607,000 4,901,000 0 0
Prospective adoption of ASU 2010-26 (20,288,000) [1]     (8,487,000) [1]   (5,764,000) [1]   (6,037,000) [1]   0 [1]   0 [1]  
All other expenses (218,409,000)     (85,857,000)   (57,266,000)   (75,003,000)   (283,000)   0  
Underwriting, acquisition and insurance expenses (238,697,000) (202,350,000)     (85,920,000)   (49,473,000)   (66,725,000)   (232,000)   0
Underwriting profit (loss) 2,378,000 (53,567,000)   7,554,000 29,422,000 (17,922,000) (5,269,000) 5,421,000 (82,484,000) 7,325,000 4,764,000 0 0
Net investment income 79,794,000 70,099,000   0 0 0 0 0 0 0 0 79,794,000 70,099,000
Net realized investment gains 11,909,000 11,240,000   0 0 0 0 0 0 0 0 11,909,000 11,240,000
Other revenues (insurance) 14,831,000 9,186,000   0 0 10,448,000 9,186,000 4,383,000 0 0 0 0 0
Other expenses (insurance) (12,175,000) (11,748,000)   0 0 (11,201,000) (11,740,000) (974,000) (8,000) 0 0 0 0
Segment profit (loss) 96,737,000 25,210,000   7,554,000 29,422,000 (18,675,000) (7,823,000) 8,830,000 (82,492,000) 7,325,000 4,764,000 91,703,000 81,339,000
Other revenues (non-insurance) 97,005,000 67,958,000                      
Other expenses (non-insurance) (88,229,000) (56,747,000)                      
Amortization of intangible assets (8,804,000) (6,008,000)                      
Interest expense (22,167,000) (18,962,000)                      
Income before income taxes 74,542,000 11,451,000                      
U.S. GAAP combined ratio 100.00% [2] 112.00% [2]   96.00% [2] 84.00% [2] 113.00% [2] 104.00% [2] 97.00% [2] 152.00% [2]        
U.S. GAAP combined ratio - not meaniningful                   NM [2],[3] NM [2],[3]    
Costs expected to be recognized in income, effect of adoption     $ 43,000,000                    
[1] Effective January 1, 2012, the Company prospectively adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2010-26, Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts. At December 31, 2011, deferred policy acquisition costs included approximately $43 million of costs that no longer met the criteria for deferral as of January 1, 2012 and will be recognized into income primarily over the first nine months of 2012, consistent with policy terms. The three months ended March 31, 2012 included $20.3 million of underwriting, acquisition and insurance expenses that were deferred as of December 31, 2011 and no longer met the criteria for deferral as of January 1, 2012.
[2] The U.S. GAAP combined ratio is a measure of underwriting performance and represents the relationship of incurred losses, loss adjustment expenses and underwriting, acquisition and insurance expenses to earned premiums.
[3] NM – Ratio is not meaningful.