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Reserve for losses and loss expenses (Prior year development) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 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] $ (52,885) $ (93,749) $ (169,405) $ (248,026)
Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (33,033) (50,475) (89,594) (106,050)
Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (18,691) (35,972) (69,739) (123,245)
Western World        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (880) (5,054) [1] (8,464) (15,639) [1]
AlphaCat        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (281) (2,248) (1,608) (3,092)
Property        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (22,983) (40,621) [1] (86,323) (113,318) [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 (19,736) (27,613) (52,036) (58,437)
Property | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (2,429) (9,706) (30,969) (47,141)
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 (553) (1,054) [1] (2,576) (4,648) [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 (265) (2,248) (742) (3,092)
Marine        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (13,051) (28,410) [1] (25,478) (80,403) [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 (8,504) (13,556) (14,967) (29,225)
Marine | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (4,547) (14,854) (10,511) (51,178)
Specialty        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (16,524) (20,718) [1] (51,716) (43,314) [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 (4,793) (9,306) (22,591) (18,388)
Specialty | Talbot        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (11,715) (11,412) (28,259) (24,926)
Specialty | AlphaCat        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (16)   (866) 0
Liability        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (327) (4,000) [1] (5,888) (10,991) [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 (327) $ (4,000) [1] (5,888) $ (10,991) [1]
Tianjin and 2015 Earthquake | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years (18,200)      
Attritional losses | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years $ (14,800)   (160,400)  
Event reserves | Validus Re        
Increase (decrease) in net reserves for losses and loss expenses in respect of losses occurring in:        
Net favorable development on prior years     $ (9,000)  
[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 $2,524 and $8,639, respectively, during the three and nine months ended September 30, 2015, benefiting the loss ratio by 3.9 and 4.4 percentage points, respectively. The remaining fair value adjustment of $2,340 was fully amortized during 2015.