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Income Taxes (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Mar. 31, 2011
Jun. 30, 2012
Jun. 30, 2011
Mar. 31, 2012
Dec. 31, 2011
Income Tax Disclosure [Abstract]              
Effective Income Tax Rate Reconciliation US Income Tax Rate       35.00%      
U.K. marginal corporate tax rate (as a percent) 24.00%   28.00% 24.50%   26.00% 26.50%
Effective Tax Rate Reconciliation              
Expected tax provision (benefit) at statutory rates in taxable jurisdictions $ 191,200,000 $ (33,600,000)   $ (7,600,000) $ 54,100,000    
Tax-exempt interest (15,500,000) (16,200,000)   (30,900,000) (31,500,000)    
Change in liability for uncertain tax positions 500,000 600,000   1,100,000 1,200,000    
Other 900,000 1,000,000   1,900,000 1,900,000    
Total provision (benefit) for income taxes 177,105,000 (48,269,000)   (35,490,000) 25,663,000    
Effective tax rate (as a percent) 32.00% 52.80%   25.00% 21.10%    
Pretax Income and Revenue by Tax Jurisdiction              
Pretax Income (Loss) 553,653,000 (91,374,000)   (141,966,000) 121,814,000    
Revenue 759,498,000 116,294,000   402,092,000 395,207,000    
Period for which cumulative operating income was considered for assessment of realization of deferred tax assets (in years) 3 years     3 years      
United States
             
Pretax Income and Revenue by Tax Jurisdiction              
Pretax Income (Loss) 546,300,000 (95,700,000)   (21,900,000) 155,000,000    
Revenue 680,100,000 [1] 75,700,000 [1]   399,700,000 [1] 369,400,000 [1]    
Bermuda
             
Pretax Income and Revenue by Tax Jurisdiction              
Pretax Income (Loss) 7,200,000 4,300,000   (120,400,000) (33,300,000)    
Revenue 79,400,000 [1] 40,600,000 [1]   2,400,000 [1] 25,800,000 [1]    
United Kingdom
             
Pretax Income and Revenue by Tax Jurisdiction              
Pretax Income (Loss) 100,000 100,000   300,000 200,000    
Revenue $ 0 [1] $ 0 [1]   $ 0 [1] $ 100,000 [1]    
[1] In the above tables, pretax income and revenues of the Company’s subsidiaries which are not U.S. domiciled but are subject to U.S. tax by election or as controlled foreign corporations are included in the U.S. amounts.