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Schedule II - Condensed financial information of registrant (Income Statement) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues                      
Net investment income $ 38,153 $ 43,514 $ 39,257 $ 29,461 $ 31,612 $ 31,572 $ 33,611 $ 31,029 $ 150,385 $ 127,824 $ 100,086
Change in net unrealized gains (losses) on managed investments (a) (67,460) 5,459 31,428 47,444 (34,862) 3,916 (34,676) 33,227 16,871 (32,395) (2,842)
Foreign exchange gains (901) (766) 6,286 6,245 797 (2,592) (2,671) (4,265) 10,864 (8,731) (12,181)
Total revenues 522,145 616,222 653,653 651,134 539,203 590,728 571,580 643,766 2,443,154 2,345,277 2,102,675
Expenses                      
General and administrative expenses 77,955 82,443 89,688 86,208 98,563 96,886 84,025 84,235 336,294 363,709 329,362
Share compensation expenses 10,442 10,501 10,727 11,237 10,062 9,983 9,242 9,054 42,907 38,341 33,073
Finance expenses 14,630 14,521 14,166 15,203 16,581 18,512 18,682 20,967 58,520 74,742 68,324
Net income available to Validus 9,970 92,096 94,963 166,810 69,042 66,650 65,790 173,411 363,839 374,893 479,963
Dividends on preferred shares (2,203) (2,252) 0 0 0 0 0 0 (4,455) 0 0
Net income available to Validus common shareholders $ 7,767 $ 89,844 $ 94,963 $ 166,810 $ 69,042 $ 66,650 $ 65,790 $ 173,411 359,384 374,893 479,963
Change in foreign currency translation adjustments                 (10,440) (3,716) (7,501)
Change in minimum pension liability, net of tax                 (484) 544 (210)
Change in fair value of cash flow hedge                 277 (841) (228)
Other comprehensive loss                 (10,647) (4,013) (7,939)
Comprehensive income (loss) available (attributable) to Validus                 353,192 370,880 472,024
Parent Company                      
Revenues                      
Net investment income                 1,195 317 14
Net realized gains on investments                 8,020 0 0
Change in net unrealized gains (losses) on managed investments (a)                 (276) (395) 0
Foreign exchange gains                 1,932 715 648
Total revenues                 10,871 637 662
Expenses                      
General and administrative expenses                 72,235 74,015 86,108
Share compensation expenses                 6,832 7,261 6,424
Finance expenses                 47,108 47,722 47,689
Total expenses                 126,175 128,998 140,221
(Loss) before equity in net earnings of subsidiaries                 (115,304) (128,361) (139,559)
Equity in net earnings of subsidiaries                 479,143 503,254 619,522
Net income available to Validus                 363,839 374,893 479,963
Dividends on preferred shares                 (4,455) 0 0
Net income available to Validus common shareholders                 359,384 374,893 479,963
Change in foreign currency translation adjustments                 (10,440) (3,716) (7,501)
Change in minimum pension liability, net of tax                 (484) 544 (210)
Change in fair value of cash flow hedge                 277 (841) (228)
Other comprehensive loss                 (10,647) (4,013) (7,939)
Comprehensive income (loss) available (attributable) to Validus                 $ 353,192 $ 370,880 $ 472,024