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Reserve for losses and loss expenses (Prior year development) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years [1] $ (62,781) $ (70,718) $ (116,520) $ (154,277)
Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (30,877) (30,879) (56,561) (55,575)
Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (28,328) (35,586) (51,048) (87,273)
Western World        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (3,158) (4,253) [1] (7,584) (10,585) [1]
AlphaCat        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (418)   (1,327) (844)
Property        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (21,440) (33,477) [1] (63,340) (72,697) [1]
Property | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (9,468) (15,928) (32,300) (30,824)
Property | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (10,094) (16,683) (28,540) (37,435)
Property | Western World        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (1,582) (866) [1] (2,023) (3,594) [1]
Property | AlphaCat        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (296)   (477) (844)
Marine        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (18,946) (24,909) [1] (12,427) (51,993) [1]
Marine | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (10,018) (11,099) (6,463) (15,669)
Marine | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (8,928) (13,810) (5,964) (36,324)
Specialty        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (20,819) (8,945) [1] (35,192) (22,596) [1]
Specialty | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (11,391) (3,852) (17,798) (9,082)
Specialty | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (9,306) (5,093) (16,544) (13,514)
Specialty | AlphaCat        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (122)   (850) 0
Liability        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (1,576) (3,387) [1] (5,561) (6,991) [1]
Liability | Western World        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years $ (1,576) $ (3,387) [1] $ (5,561) $ (6,991) [1]
[1] Upon closing the acquisition of Western World, an adjustment of $15,586 was made to increase net reserves to reflect fair value. This adjustment was amortized to income through a reduction in losses and loss expenses of $2,892 and $6,115, respectively, during the three and six months ended June 30, 2015, benefiting the loss ratio by 4.4 and 4.6 percentage points, respectively. The remaining fair value adjustment of $4,864 was fully amortized during 2015.