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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 149,200 $ 123,300
Adjustments to reconcile net income to net cash provided by operating activities:    
Net investment (gains) losses 94,508 (29,645)
Net realized and unrealized gains on other investments (25,643) (41,833)
Amortization of fixed maturities 10,896 7,965
Interest in income of equity method investments (11,550) (9,162)
Amortization of value of business acquired 0 1,028
Other amortization and depreciation 15,714 15,096
Share-based compensation expense, net of cash payments 7,661 1,721
Changes in:    
Accrued interest receivable (654) 3,585
Reinsurance recoverable on unpaid losses and loss expenses 60,605 (35,943)
Reinsurance recoverable on paid losses and loss expenses 30,441 (25,437)
Deferred acquisition costs (111,635) (147,129)
Prepaid reinsurance premiums (176,010) (184,288)
Reserve for losses and loss expenses (182,720) 97,161
Unearned premiums 736,045 867,277
Insurance and reinsurance balances, net (345,837) (491,151)
Other items (117,710) (7,399)
Net cash provided by operating activities 133,311 145,146
Purchases of:    
Fixed maturities, available for sale (2,287,937) (4,671,969)
Fixed maturities, held to maturity (50,992) (60,749)
Equity securities (2,218) (35,668)
Mortgage loans (42,802) (45,498)
Other investments (37,311) (46,324)
Short-term investments (50,896) (109,597)
Proceeds from the sale of:    
Fixed maturities, available for sale 2,255,915 4,188,525
Equity securities 50,097 (6,550)
Other investments 57,300 127,385
Short-term investments 6,042 63,657
Proceeds from the redemption of fixed maturities, available for sale 416,838 486,401
Proceeds from the redemption of fixed maturities, held to maturity 3,500 61,170
Proceeds from redemption of short-term investments 5,530 21,886
Proceeds from the repayment of mortgage loans 9,982 9,321
Purchase of other assets (10,431) (6,216)
Net cash provided by (used in) investing activities 322,617 (24,226)
Cash flows from financing activities:    
Taxes paid on withholding shares (12,977) (9,381)
Dividends paid - common shares (39,743) (38,583)
Dividends paid - preferred shares (7,563) (7,563)
Net cash used in financing activities (60,283) (55,527)
Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash (6,624) (8,346)
Increase in cash, cash equivalents and restricted cash 389,021 57,047
Cash, cash equivalents and restricted cash - beginning of period 1,317,690 1,503,232
Cash, cash equivalents and restricted cash - end of period 1,706,711 1,560,279
Supplemental disclosures of cash flow information:    
Income taxes paid 346 8,981
Interest paid $ 16,263 $ 22,700