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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 341,862 $ 16,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Decrease (increase) in premiums receivable (105,460) (119,548)
Decrease (increase) in funds held by reinsureds, net (25,584) (28,973)
Decrease (increase) in reinsurance receivables (14,518) (130,593)
Decrease (increase) in income taxes 24,908 (65,114)
Decrease (increase) in prepaid reinsurance premiums (27,071) (10,572)
Increase (decrease) in reserve for losses and loss adjustment expenses 655,054 406,257
Increase (decrease) in future policy benefit reserve (162) (915)
Increase (decrease) in unearned premiums 196,631 158,744
Increase (decrease) in other net payable to reinsurers 105,390 95,555
Increase (decrease) in losses in course of payment 11,980 (1,422)
Change in equity adjustments in limited partnerships (116,767) (8,512)
Distribution of limited partnership income 18,125 11,108
Change in other assets and liabilities, net (149,464) (45,259)
Non-cash compensation expense 11,021 9,393
Amortization of bond premium (accrual of bond discount) 17,323 8,640
Net realized capital (gains) losses (38,902) 210,588
Net cash provided by (used in) operating activities 904,366 505,989
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from fixed maturities matured/called - available for sale, at market value 818,352 656,070
Proceeds from fixed maturities sold - available for sale, at market value 228,278 501,953
Proceeds from equity securities sold, at fair value 281,313 112,841
Distributions from other invested assets 52,211 104,085
Cost of fixed maturities acquired - available for sale, at market value (1,776,730) (1,359,281)
Cost of equity securities acquired, at fair value (174,981) (76,513)
Cost of other invested assets acquired (98,939) (152,269)
Net change in short-term investments 308,585 (27,882)
Net change in unsettled securities transactions (93,610) (17,185)
Net cash provided by (used in) investing activities (455,521) (258,181)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Common shares issued during the period for share-based compensation, net of expense (10,583) (12,573)
Purchase of treasury shares (23,545) (200,020)
Dividends paid to shareholders (62,229) (63,277)
Proceeds from revolving credit borrowings 50,000
Cost of debt repurchase (1,198)
Cost of shares withheld on settlements of share-based compensation awards (12,507) (13,982)
Net cash provided by (used in) financing activities (108,864) (241,050)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (8,972) 2,832
Net increase (decrease) in cash 331,009 9,590
Cash, beginning of period 801,651 808,036
Cash, end of period 1,132,660 817,626
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid (recovered) 6,417 4,920
Interest paid $ 1,880 $ 2,817