XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net income $ 1,570,319 $ 2,285,974
Adjustments to reconcile net income to net cash provided by operating activities 528,744 (185,913)
Net Cash Provided By Operating Activities 2,099,063 2,100,061
INVESTING ACTIVITIES    
Proceeds from sales, maturities, calls, and prepayments of fixed maturity securities 1,825,995 1,623,112
Cost of fixed maturity securities purchased (2,703,340) (2,923,357)
Proceeds from sales of equity securities 163,759 117,006
Cost of equity securities purchased (290,362) (434,996)
Net change in short-term investments 473,110 305,207
Cost of other investments purchased 40,544 204,338
Additions to property and equipment (143,774) (181,040)
Acquisitions, net of cash acquired (60,003) (207,231)
Other 139,252 21,276
Net Cash Used By Investing Activities (635,907) (1,884,361)
FINANCING ACTIVITIES    
Additions to senior long-term debt and other debt 712,075 1,278,485
Repayment of senior long-term debt and other debt (761,385) (716,543)
Repurchases of common stock (344,014) (389,089)
Dividends paid on preferred stock (18,000) (18,000)
Redemption of preferred stock (600,000) 0
Purchase of noncontrolling interests (61,777) (46,492)
Other (25,476) (42,629)
Net Cash Provided (Used) By Financing Activities (1,098,577) 65,732
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents 60,076 13,051
Increase in cash, cash equivalents, restricted cash, and restricted cash equivalents 424,655 294,483
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 4,192,248 4,332,034
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD $ 4,616,903 $ 4,626,517