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Condensed Consolidated Balance Sheets (Parentheticals) (USD $)
In Thousands, except Share data, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets    
Fixed maturities, amortized cost $ 12,920,945us-gaap_TradingSecuritiesDebtAmortizedCost $ 13,489,633us-gaap_TradingSecuritiesDebtAmortizedCost
Short-term investments, amortized cost 20,054us-gaap_TradingSecuritiesShortTermInvestmentsAmortizedCost 25,699us-gaap_TradingSecuritiesShortTermInvestmentsAmortizedCost
Equities, cost 1,115,408us-gaap_TradingSecuritiesEquityCost 843,429us-gaap_TradingSecuritiesEquityCost
Funds held - directly managed, cost 581,850pre_FundsHeldDirectlyManagedCost 600,379pre_FundsHeldDirectlyManagedCost
Shareholders’ Equity    
Common shares, par value $ 1us-gaap_CommonStockParOrStatedValuePerShare $ 1us-gaap_CommonStockParOrStatedValuePerShare
Common shares, shares issued 87,237,220us-gaap_CommonStockSharesIssued 87,237,220us-gaap_CommonStockSharesIssued
Preferred shares, par value $ 1us-gaap_PreferredStockParOrStatedValuePerShare $ 1us-gaap_PreferredStockParOrStatedValuePerShare
Number of preferred shares issued 34,150,000us-gaap_PreferredStockSharesIssued 34,150,000us-gaap_PreferredStockSharesIssued
Preferred shares, shares outstanding 34,150,000us-gaap_PreferredStockSharesOutstanding 34,150,000us-gaap_PreferredStockSharesOutstanding
Aggregate liquidation value $ 853,750pre_PreferenceSharesAggregateLiquidationValue $ 853,750pre_PreferenceSharesAggregateLiquidationValue
Common shares held in treasury, shares 39,572,572us-gaap_TreasuryStockShares 39,400,936us-gaap_TreasuryStockShares