v3.2.0.727
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES    
Net income $ 286,459 $ 128,642
Adjustments to reconcile net income to net cash provided by operating activities (48,424) 108,423
Net Cash Provided By Operating Activities 238,035 237,065
INVESTING ACTIVITIES    
Proceeds from sales of fixed maturities and equity securities 99,908 1,041,575
Proceeds from maturities, calls and prepayments of fixed maturities 810,934 783,146
Cost of fixed maturities and equity securities purchased (556,934) (1,898,747)
Net change in short-term investments (595,971) (268,375)
Proceeds from sales of equity method investments 21,365 90,228
Cost of equity method investments (19,424) (9,083)
Change in restricted cash and cash equivalents (9,748) 204,302
Additions to property and equipment (38,942) (17,954)
Acquisitions, net of cash acquired 0 (168,811)
Other 489 202
Net Cash Used By Investing Activities (288,323) (243,517)
FINANCING ACTIVITIES    
Additions to senior long-term debt and other debt 41,230 29,149
Repayment of senior long-term debt and other debt (43,044) (22,956)
Repurchases of common stock (22,670) (17,407)
Issuance of common stock 3,609 4,722
Purchase of noncontrolling interests (12,474) (25,918)
Distributions to noncontrolling interests (2,490) (2,532)
Other (12,454) (3,855)
Net Cash Used By Financing Activities (48,293) (38,797)
Effect of foreign currency rate changes on cash and cash equivalents (8,644) 10,857
Decrease in cash and cash equivalents (107,225) (34,392)
Cash and cash equivalents at beginning of period 1,960,169 1,978,526
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,852,944 $ 1,944,134