Fair Value Measurement (Schedule Of Available For Sale Investments, Other Investments, Other Assets And Liabilities, and Debt Measured On A Recurring Basis) (Details) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | $5,092,581 | | $4,823,964 | |
Short-term investments | 9,014 | | 35,028 | |
Total equity securities | 331,368 | | 252,466 | |
Other investments | 541,454 | | 617,478 | |
Other assets (see Note 8) | 99,504 | | 108,272 | |
Total assets | 6,073,921 | | 5,837,208 | |
Other liabilities (see Note 8) | 54,338 | | 49,452 | |
Debt | 623,740 | | 575,115 | |
Total liabilities | 678,078 | | 624,567 | |
Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Short-term investments | 0 | | 0 | |
Other investments | 0 | | 0 | |
Other assets (see Note 8) | 0 | | 0 | |
Total assets | 250,320 | | 146,754 | |
Other liabilities (see Note 8) | 0 | | 0 | |
Debt | 0 | | 0 | |
Total liabilities | 0 | | 0 | |
Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Short-term investments | 9,014 | | 35,028 | |
Other investments | 0 | | 0 | |
Other assets (see Note 8) | 73,889 | | 94,234 | |
Total assets | 5,244,242 | | 5,051,610 | |
Other liabilities (see Note 8) | 18,972 | | 29,883 | |
Debt | 623,740 | | 575,115 | |
Total liabilities | 642,712 | | 604,998 | |
Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Short-term investments | 0 | | 0 | |
Other investments | 541,454 | | 617,478 | |
Other assets (see Note 8) | 25,615 | | 14,038 | |
Total assets | 579,359 | | 638,844 | |
Other liabilities (see Note 8) | 35,366 | | 19,569 | |
Debt | 0 | | 0 | |
Total liabilities | 35,366 | | 19,569 | |
U.S. government and agencies securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 587,411 | | 769,343 | |
U.S. government and agencies securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 105,121 | | 20,248 | |
U.S. government and agencies securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 482,290 | | 749,095 | |
U.S. government and agencies securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
U.S. state and municipal securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 39,413 | | 26,854 | |
U.S. state and municipal securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
U.S. state and municipal securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 39,413 | | 26,854 | |
U.S. state and municipal securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Foreign government securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 240,536 | | 182,647 | |
Foreign government securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Foreign government securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 240,536 | | 182,647 | |
Foreign government securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Government guaranteed corporate securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 48,102 | | 35,145 | |
Government guaranteed corporate securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Government guaranteed corporate securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 48,102 | | 35,145 | |
Government guaranteed corporate securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Corporate securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 1,361,462 | | 1,227,299 | |
Corporate securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Corporate securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 1,358,960 | | 1,226,553 | |
Corporate securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 2,502 | | 746 | |
Residential mortgage-backed securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 1,175,006 | | 1,187,191 | |
Residential mortgage-backed securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Residential mortgage-backed securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 1,174,997 | | 1,186,943 | |
Residential mortgage-backed securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 9 | | 248 | |
Commercial mortgage-backed securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 979,419 | | 947,677 | |
Commercial mortgage-backed securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Commercial mortgage-backed securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 974,602 | | 946,794 | |
Commercial mortgage-backed securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 4,817 | | 883 | |
Collateralized loan and debt obligations | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 248,011 | [1] | 94,552 | [2] |
Collateralized loan and debt obligations | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Collateralized loan and debt obligations | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 246,042 | | 92,095 | |
Collateralized loan and debt obligations | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 1,969 | | 2,457 | |
Asset-backed securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 413,221 | | 353,256 | |
Asset-backed securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 0 | | 0 | |
Asset-backed securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 410,228 | | 350,262 | |
Asset-backed securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 2,993 | | 2,994 | |
Total fixed maturity investments | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 5,092,581 | | 4,823,964 | |
Total fixed maturity investments | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 105,121 | | 20,248 | |
Total fixed maturity investments | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 4,975,170 | | 4,796,388 | |
Total fixed maturity investments | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total fixed maturity investments | 12,290 | | 7,328 | |
Equity securities | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 331,368 | | 252,466 | |
Equity securities | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 145,199 | | 126,506 | |
Equity securities | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 186,169 | | 125,960 | |
Equity securities | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Equity investments | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 202,535 | | 174,669 | |
Equity investments | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 138,463 | | 117,776 | |
Equity investments | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 64,072 | | 56,893 | |
Equity investments | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Emerging market debt funds | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 60,150 | | 60,844 | |
Emerging market debt funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Emerging market debt funds | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 60,150 | | 60,844 | |
Emerging market debt funds | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Convertible funds | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 46,111 | | | |
Convertible funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | | |
Convertible funds | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 46,111 | | | |
Convertible funds | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | | |
Preferred equity investments | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 15,836 | | 8,223 | |
Preferred equity investments | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Preferred equity investments | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 15,836 | | 8,223 | |
Preferred equity investments | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Short-term fixed income fund | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 6,736 | | 8,730 | |
Short-term fixed income fund | Quoted Prices in Active Markets for Identical Assets (Level 1) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 6,736 | | 8,730 | |
Short-term fixed income fund | Significant Other Observable Inputs (Level 2) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | 0 | | 0 | |
Short-term fixed income fund | Significant Unobservable Inputs (Level 3) | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Total equity securities | $0 | | $0 | |
|
[1] | Balances include amounts related to collateralized debt obligations held with total fair values of $15.2 million. |
[2] | Balances include amounts related to collateralized debt obligations held with total fair values of $18.7 million. |