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Results for Reportable Segments and Corporate Activities (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting Information [Line Items]      
Gross premiums written $ 7,329,400 $ 6,656,400 $ 5,895,600
Net premiums written 6,344,400 5,751,700 5,048,400
Net premiums earned 6,000,161 5,478,143 4,976,190
Net loss and LAE 4,339,046 3,686,435 3,520,431
Commissions, brokerage and other underwriting expenses [1] 1,789,820 1,758,698 1,617,333
Underwriting (loss) profit [2] (128,700) 33,000 (161,500)
Net investment income 490,856 550,241 500,534
Change in the fair value of equity securities (110,459) 709,695 (228,994)
Net realized capital gains 3,098 (6,551) (3,241)
Change in allowance for credit losses on available for sale securities (8,029)    
Change in allowance for credit losses on available for sale securities   (19,660) (1,328)
Noninsurance revenue 2,521,092 2,328,848 1,643,999
Other operating expenses 2,429,262 2,263,326 1,579,309
Corporate administration 48,581 74,830 15,732
Amortization of intangible assets 44,241 33,834 24,039
Interest expense 88,152 99,957 90,724
Earnings (losses) before income taxes 157,617 1,123,636 39,592
Operating Segments      
Segment Reporting Information [Line Items]      
Gross premiums written 7,363,000 6,684,100 5,921,800
Net premiums written 6,344,400 5,751,700 5,048,400
Net premiums earned 6,000,200 5,478,100 4,976,200
Net loss and LAE 4,339,100 3,686,400 3,520,400
Commissions, brokerage and other underwriting expenses [1] 1,789,800 1,758,700 1,617,300
Underwriting (loss) profit [2] (128,700) 33,000 (161,500)
Net investment income 467,600 539,500 485,700
Change in the fair value of equity securities (55,800) 705,800 (184,200)
Net realized capital gains 72,600 7,000 32,500
Change in allowance for credit losses on available for sale securities (8,000)    
Change in allowance for credit losses on available for sale securities   (19,700) (1,300)
Noninsurance revenue 2,512,400 2,316,300 1,596,600
Other operating expenses 2,413,600 2,236,000 1,545,400
Corporate administration (300) 4,100 (1,700)
Amortization of intangible assets 44,200 33,800 24,000
Interest expense 42,500 47,200 37,600
Earnings (losses) before income taxes 360,100 1,260,800 162,500
Operating Segments | Reinsurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 5,237,300 4,945,700 4,451,000
Net premiums written 4,845,000 4,495,000 3,969,100
Net premiums earned 4,644,700 4,327,000 3,939,000
Net loss and LAE 3,386,900 2,961,100 2,869,300
Commissions, brokerage and other underwriting expenses [1] 1,425,000 1,406,800 1,282,300
Underwriting (loss) profit [2] (167,200) (40,900) (212,600)
Operating Segments | Reinsurance Segment | Property      
Segment Reporting Information [Line Items]      
Gross premiums written 1,761,700 1,700,300 1,532,700
Net premiums written 1,439,600 1,328,800 1,169,400
Net premiums earned 1,379,700 1,280,100 1,177,300
Net loss and LAE 1,130,600 942,600 1,067,800
Commissions, brokerage and other underwriting expenses [1] 424,200 424,200 384,900
Underwriting (loss) profit [2] (175,100) (86,700) (275,400)
Operating Segments | Reinsurance Segment | Casualty & Other      
Segment Reporting Information [Line Items]      
Gross premiums written [3] 3,475,600 3,245,400 2,918,300
Net premiums written [3] 3,405,400 3,166,200 2,799,700
Net premiums earned [3] 3,265,000 3,046,900 2,761,700
Net loss and LAE [3] 2,256,300 2,018,500 1,801,500
Commissions, brokerage and other underwriting expenses [1],[3] 1,000,800 982,600 897,400
Underwriting (loss) profit [2],[3] 7,900 45,800 62,800
Operating Segments | Insurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 2,125,700 1,738,400 1,470,800
Net premiums written 1,499,400 1,256,700 1,079,300
Net premiums earned 1,355,500 1,151,100 1,037,200
Net loss and LAE 952,200 725,300 651,100
Commissions, brokerage and other underwriting expenses [1] 364,800 351,900 335,000
Underwriting (loss) profit [2] 38,500 73,900 51,100
Operating Segments | Insurance Segment | RSUI      
Segment Reporting Information [Line Items]      
Gross premiums written 1,714,400 1,366,600 1,142,000
Net premiums written 1,124,800 912,000 773,300
Net premiums earned 1,008,800 824,200 747,300
Net loss and LAE 738,400 503,700 491,200
Commissions, brokerage and other underwriting expenses [1] 226,100 219,200 211,900
Underwriting (loss) profit [2] 44,300 101,300 44,200
Operating Segments | Insurance Segment | CapSpecialty Incorporated      
Segment Reporting Information [Line Items]      
Gross premiums written 411,300 371,800 328,800
Net premiums written 374,600 344,700 306,000
Net premiums earned 346,700 326,900 289,900
Net loss and LAE 213,800 221,600 159,900
Commissions, brokerage and other underwriting expenses [1] 138,700 132,700 123,100
Underwriting (loss) profit [2] (5,800) (27,400) 6,900
Operating Segments | Reinsurance Segment and Insurance Segment      
Segment Reporting Information [Line Items]      
Gross premiums written 7,363,000 6,684,100 5,921,800
Net premiums written 6,344,400 5,751,700 5,048,400
Net premiums earned 6,000,200 5,478,100 4,976,200
Net loss and LAE 4,339,100 3,686,400 3,520,400
Commissions, brokerage and other underwriting expenses [1] 1,789,800 1,758,700 1,617,300
Underwriting (loss) profit [2] (128,700) 33,000 (161,500)
Net investment income 465,700 533,200 480,900
Change in the fair value of equity securities (55,800) 705,800 (184,200)
Net realized capital gains 37,100 6,000 31,600
Change in allowance for credit losses on available for sale securities (8,000)    
Change in allowance for credit losses on available for sale securities   (19,700) (1,300)
Noninsurance revenue 34,900 27,000 22,000
Other operating expenses 103,600 103,100 59,800
Corporate administration (300) 4,100 (1,700)
Amortization of intangible assets 800 1,300 (400)
Interest expense 27,000 27,100 27,100
Earnings (losses) before income taxes 214,100 1,149,700 102,700
Operating Segments | Alleghany Capital Corporation Segment      
Segment Reporting Information [Line Items]      
Gross premiums written [4] 0 0 0
Net premiums written [4] 0 0 0
Net premiums earned [4] 0 0 0
Net loss and LAE [4] 0 0 0
Commissions, brokerage and other underwriting expenses [1],[4] 0 0 0
Underwriting (loss) profit [2],[4] 0 0 0
Net investment income [4] 1,900 6,300 4,800
Change in the fair value of equity securities [4] 0 0 0
Net realized capital gains [4] 35,500 1,000 900
Change in allowance for credit losses on available for sale securities [4] 0    
Change in allowance for credit losses on available for sale securities [4]   0 0
Noninsurance revenue [4] 2,477,500 2,289,300 1,574,600
Other operating expenses [4] 2,310,000 2,132,900 1,485,600
Corporate administration [4] 0 0 0
Amortization of intangible assets [4] 43,400 32,500 24,400
Interest expense [4] 15,500 20,100 10,500
Earnings (losses) before income taxes [4] 146,000 111,100 59,800
Corporate activities      
Segment Reporting Information [Line Items]      
Gross premiums written (33,600) (27,700) (26,200)
Net premiums written 0 0 0
Net premiums earned 0 0 0
Net loss and LAE 0 0 0
Commissions, brokerage and other underwriting expenses [1] 0 0 0
Underwriting (loss) profit [2] 0 0 0
Net investment income 23,300 10,700 14,800
Change in the fair value of equity securities (54,700) 3,900 (44,800)
Net realized capital gains (69,500) (13,500) (35,700)
Change in allowance for credit losses on available for sale securities 0    
Change in allowance for credit losses on available for sale securities   0 0
Noninsurance revenue 8,700 12,500 47,400
Other operating expenses 15,700 27,300 33,900
Corporate administration 48,900 70,700 17,600
Amortization of intangible assets 0 0 0
Interest expense 45,700 52,800 53,100
Earnings (losses) before income taxes $ (202,500) $ (137,200) $ (122,900)
[1] Includes amortization associated with deferred acquisition costs of $1,457.0 million, $1,392.8 million and $1,271.4 million for the years ended December 31, 2020, 2019 and 2018, respectively.
[2] Underwriting profit represents net premiums earned less net loss and LAE and commissions, brokerage and other underwriting expenses, all as determined in accordance with GAAP, and does not include net investment income, change in the fair value of equity securities, net realized capital gains, change in allowance for credit losses on available for sale securities, noninsurance revenue, other operating expenses, corporate administration, amortization of intangible assets or interest expense. Underwriting profit does not replace earnings before income taxes determined in accordance with GAAP as a measure of profitability. Rather, Alleghany believes that underwriting profit enhances the understanding of its reinsurance and insurance segments’ operating results by highlighting net earnings attributable to their underwriting performance. Earnings before income taxes (a GAAP measure) may show a profit despite an underlying underwriting loss. Where underwriting losses persist over extended periods, a reinsurance or an insurance company’s ability to continue as an ongoing concern may be at risk. Therefore, Alleghany views underwriting profit as an important measure in the overall evaluation of performance.
[3] Primarily consists of the following reinsurance lines of business: directors’ and officers’ liability; errors and omissions liability; general liability; medical malpractice; ocean marine and aviation; auto liability; accident & health; mortgage reinsurance; surety; and credit.
[4] Excludes certain minor, legacy investments that were previously reflected in Alleghany Capital in 2018 and prior periods, to align with management’s view of reportable segments.