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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES:        
Premiums earned $ 2,916,237 $ 2,558,372 $ 5,708,003 $ 4,946,237
Net investment income 225,978 407,095 468,808 667,508
Net gains (losses) on investments:        
Credit allowances on fixed maturity securities (1,490) (15,927) (13,343) (22,904)
Gains (loss) from fair value adjustments (188,924) 103,525 (325,784) 132,581
Net realized gains (losses) from dispositions (45,851) 16,511 (50,765) 33,334
Total net gains (losses) on investments (236,265) 104,109 (389,892) 143,011
Other income (expense) (71,337) 7,114 (55,977) 63,707
Total revenues 2,834,613 3,076,690 5,730,942 5,820,463
CLAIMS AND EXPENSES:        
Incurred losses and loss adjustment expenses 1,876,247 1,586,141 3,666,110 3,297,560
Commission, brokerage, taxes and fees 630,294 557,749 1,235,523 1,046,760
Other underwriting expenses 169,533 140,844 330,826 283,075
Corporate expenses 15,018 16,168 29,038 28,546
Interest, fees and bond issue cost amortization expense 24,398 15,607 48,476 31,246
Total claims and expenses 2,715,490 2,316,509 5,309,973 4,687,187
INCOME (LOSS) BEFORE TAXES 119,123 760,181 420,969 1,133,276
Income tax expense (benefit) (3,507) 80,199 588 111,432
NET INCOME (LOSS) 122,630 679,982 420,381 1,021,844
Other comprehensive income (loss), net of tax:        
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period (732,364) 84,171 (1,547,540) (204,444)
Reclassification adjustment for realized losses (gains) included in net income (loss) 15,841 1,590 20,019 (2,076)
Total URA(D) on securities arising during the period (716,523) 85,761 (1,527,521) (206,520)
Foreign currency translation adjustments (28,269) 34,295 (62,371) 24,713
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) 758 2,043 1,515 4,086
Total benefit plan net gain (loss) for the period 758 2,043 1,515 4,086
Total other comprehensive income (loss), net of tax (744,034) 122,099 (1,588,377) (177,721)
COMPREHENSIVE INCOME (LOSS) $ (621,404) $ 802,081 $ (1,167,996) $ 844,123
EARNINGS PER COMMON SHARE:        
Basic $ 3.11 $ 16.97 $ 10.67 $ 25.50
Diluted $ 3.11 $ 16.95 $ 10.67 $ 25.47