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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 1,009,461 $ 89,041 $ 482,751
Adjustments to reconcile net income to net cash provided by operating activities:      
Decrease (increase) in premiums receivable (62,018) (382,987) (350,446)
Decrease (increase) in funds held by reinsureds, net (56,722) (153,627) (33,220)
Decrease (increase) in reinsurance receivables 67,444 (511,592) (238,485)
Decrease (increase) in income taxes 237,479 (265,065) (114,077)
Decrease (increase) in prepaid reinsurance premiums (95,207) (65,925) (86,049)
Increase (decrease) in reserve for losses and loss adjustment expenses 402,380 1,377,711 1,376,321
Increase (decrease) in future policy benefit reserve (4,186) (4,236) (4,060)
Increase (decrease) in unearned premiums 521,709 542,023 401,174
Increase (decrease) in other net payable to reinsurers 66,477 12,276 10,071
Increase (decrease) in losses in course of payment (33,557) 123,209 (105,371)
Change in equity adjustments in limited partnerships (108,332) (102,052) (82,713)
Distribution of limited partnership income 81,300 84,623 50,825
Change in other assets and liabilities, net (54,176) (322,107) (66,998)
Non-cash compensation expense 34,018 32,369 30,297
Amortization of bond premium (accrual of bond discount) 30,936 29,272 45,867
Net realized capital (gains) losses (185,004) 127,136 (153,194)
Net cash provided by (used in) operating activities 1,852,002 610,069 1,162,693
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from fixed maturities matured/called - available for sale, at market value 2,302,299 1,973,652 2,160,298
Proceeds from fixed maturities sold - available for sale, at market value 3,280,237 3,148,428 2,401,844
Proceeds from fixed maturities sold - available for sale, at fair value 2,917 1,751
Proceeds from equity securities sold, at market value 19,574
Proceeds from equity securities sold, at fair value 283,965 1,199,409 631,859
Distributions from other invested assets 284,558 3,102,018 5,579,043
Cost of fixed maturities acquired - available for sale, at market value (6,613,917) (5,909,504) (5,131,098)
Cost of fixed maturities acquired - available for sale, at fair value (4,243) (4,381)
Cost of equity securities acquired, at market value (22,033)
Cost of equity securities acquired, at fair value (329,417) (921,937) (438,641)
Cost of other invested assets acquired (425,438) (3,370,455) (5,829,271)
Net change in short-term investments (167,290) 455,350 (73,923)
Net change in unsettled securities transactions (26,163) 46,048 (30,229)
Net cash provided by (used in) investing activities (1,412,492) (279,621) (732,577)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Common shares issued during the period for share-based compensation, net of expense (3,134) (8,157) (5,310)
Purchase of treasury shares (24,604) (75,304) (50,000)
Dividends paid to shareholders (234,322) (216,221) (207,242)
Cost of shares withheld on settlements of share-based compensation awards (13,627) (16,912) (12,906)
Net cash provided by (used in) financing activities (275,687) (316,594) (275,458)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (11,882) 7,174 (1,513)
Net increase (decrease) in cash 151,941 21,028 153,145
Cash, beginning of period 656,095 635,067 481,922
Cash, end of period 808,036 656,095 635,067
SUPPLEMENTAL CASH FLOW INFORMATION:      
Income taxes paid (recovered) (148,585) (65,064) 164,856
Interest paid 31,689 30,447 35,973
NON-CASH TRANSACTIONS:      
Fixed maturities - available for sale, at market value 143,656
Short-term investments 243,864
Other invested assets $ (387,520)