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Financial Instruments Measured at Fair Value and Level of Fair Value Hierarchy of Inputs (Detail) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities $ 1,710,193 $ 2,505,496
Estimated fair value of available for sale debt securities 13,337,754 [1] 14,211,745
Estimated fair value of investments (excluding equity method investments and loans) [2] 15,584,600 17,632,300
Senior notes and other debt [3] 1,674,800 1,962,700
Common Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 1,706,100 2,501,400
Preferred Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 4,100 4,100
U.S. Government obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 846,300 1,215,000
Municipal bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 2,272,600 2,307,900
Foreign government obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 696,000 690,700
U.S. corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 3,394,700 3,359,000
Foreign corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 1,290,600 1,377,400
RMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [4] 1,699,900 1,840,400
CMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 842,600 871,700
Other asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [5] 2,295,100 2,549,600
Short-term Investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of investments (excluding equity method investments and loans) 536,100 914,800
Other invested assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of investments (excluding equity method investments and loans) [6] 500 300
Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 1,702,600 2,498,100
Estimated fair value of investments (excluding equity method investments and loans) 1,702,600 2,498,100
Level 1 | Common Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 1,702,600 2,498,100
Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 5,600 5,400
Estimated fair value of available for sale debt securities 11,829,900 [1] 12,573,600
Estimated fair value of investments (excluding equity method investments and loans) 12,371,600 13,493,800
Senior notes and other debt 1,245,000 1,595,600
Level 2 | Common Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 3,500 3,300
Level 2 | Preferred Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 2,100 2,100
Level 2 | U.S. Government obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 846,300 1,215,000
Level 2 | Municipal bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 2,272,600 2,307,900
Level 2 | Foreign government obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 696,000 690,700
Level 2 | U.S. corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 2,805,200 2,754,000
Level 2 | Foreign corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 1,125,900 1,208,700
Level 2 | RMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [4] 1,697,400 1,838,500
Level 2 | CMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 838,100 865,900
Level 2 | Other asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [5] 1,548,400 1,692,900
Level 2 | Short-term Investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of investments (excluding equity method investments and loans) 536,100 914,800
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 2,000 2,000
Estimated fair value of available for sale debt securities 1,507,900 [1] 1,638,100
Estimated fair value of investments (excluding equity method investments and loans) 1,510,400 1,640,400
Senior notes and other debt 429,800 367,100
Level 3 | Preferred Stock    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of equities 2,000 2,000
Level 3 | U.S. corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 589,500 605,000
Level 3 | Foreign corporate bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 164,700 168,700
Level 3 | RMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [4] 2,500 1,900
Level 3 | CMBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities 4,500 5,800
Level 3 | Other asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of available for sale debt securities [5] 746,700 856,700
Level 3 | Other invested assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Estimated fair value of investments (excluding equity method investments and loans) [6] $ 500 $ 300
[1] Includes allowance for credit losses as of March 31, 2020.  See Note 3(f) of this Form 10-Q for further information on Alleghany’s allowance for credit losses for AFS securities.
[2] This table includes debt and equity securities, as well as partnership and non-marketable equity investments accounted for at fair value that are included in other invested assets. This table excludes investments accounted for using the equity method and commercial mortgage loans that are accounted for at unpaid principal balance. The fair value of short-term investments approximates amortized cost. The fair value of all other categories of investments is disclosed below.
[3] See Note 11 of this Form 10-Q for additional information on the senior notes and other debt.
[4] Primarily includes government agency pass-through securities guaranteed by a government agency or government sponsored enterprise, among other types of RMBS.
[5] Includes $732.3 million and $834.2 million of collateralized loan obligations as of March 31, 2020 and December 31, 2019, respectively.
[6] Includes partnership and non-marketable equity investments accounted for at fair value, and excludes investments accounted for using the equity method.