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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 73,202 $ 19,855  
Adjustments to reconcile net income to net cash used in operating activities:      
Net investment losses 8,909 25,050  
Net realized and unrealized gains on other investments (12,950) (18,211)  
Amortization of fixed maturities 9,895 12,498  
Interest in loss of equity method investments 0 5,766  
Other amortization and depreciation 68,397 6,467  
Share-based compensation expense, net of cash payments (1,481) (24,758)  
Non-cash foreign exchange losses 0 24,149 $ 24,000
Changes in:      
Accrued interest receivable 3,350 5,596  
Reinsurance recoverable balances (113,656) 348,942  
Deferred acquisition costs (253,369) (171,493)  
Prepaid reinsurance premiums (218,772) (86,534)  
Reserve for loss and loss expenses 184,511 (237,773)  
Unearned premiums 1,056,045 654,475  
Insurance and reinsurance balances, net (854,993) (559,456)  
Other items (36,973) (40,834)  
Net cash used in operating activities (87,885) (36,261)  
Cash flows from investing activities:      
Fixed maturities (2,474,418) (2,670,518)  
Equity securities (42,522) (98,559)  
Mortgage loans (59,838) 0  
Other investments (31,755) (63,742)  
Equity method investments 0 (1,000)  
Short-term investments (57,688) (2,320)  
Proceeds from the sale of:      
Fixed maturities 2,442,673 2,429,084  
Equity securities 194,970 70,575  
Other investments 44,493 131,777  
Short-term investments 46,719 7,087  
Proceeds from redemption of fixed maturities 319,526 521,716  
Proceeds from redemption of short-term investments 16,022 111,931  
Proceeds from the repayment of mortgage loans 20,237 10,233  
Purchase of other assets 0 (4,427)  
Net cash provided by investing activities 418,419 441,837  
Cash flows from financing activities:      
Repurchase of common shares - open market 0 (120,549)  
Taxes paid on withholding shares (7,163) (23,260)  
Dividends paid - common shares (35,273) (38,541)  
Dividends paid - preferred shares (10,656) (14,841)  
Net cash used in financing activities (53,092) (197,191)  
Effect of exchange rate changes on foreign currency cash, cash equivalents, and restricted cash 3,354 1,678  
Increase in cash, cash equivalents, and restricted cash 280,796 210,063  
Cash, cash equivalents, and restricted cash - beginning of period 1,363,786 1,241,507 1,241,507
Cash, cash equivalents, and restricted cash - end of period $ 1,644,582 $ 1,451,570 $ 1,363,786