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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 174,592 $ 413,716
Adjustments to reconcile net income to net cash provided by operating activities:    
Net investment (gains) losses 414,231 (113,868)
Net realized and unrealized gains (losses) on other investments (31,843) (123,364)
Amortization of fixed maturities 24,918 28,601
Interest in income of equity method investments (5,040) (30,871)
Amortization of value of business acquired 0 3,083
Other amortization and depreciation 52,469 46,967
Share-based compensation expense, net of cash payments 36,097 25,848
Changes in:    
Accrued interest receivable (13,796) 2,441
Reinsurance recoverable on unpaid losses and loss expenses (239,482) (498,571)
Reinsurance recoverable on paid losses and loss expenses 201,729 (71,516)
Deferred acquisition costs (79,994) (113,959)
Prepaid reinsurance premiums (222,235) (267,082)
Reserve for losses and loss expenses 29,151 741,277
Unearned premiums 577,490 782,094
Insurance and reinsurance balances, net 72,655 110,921
Other items (73,932) 74,447
Net cash provided by operating activities 917,010 1,010,164
Purchases of:    
Fixed maturities, available for sale (5,466,347) (10,183,487)
Fixed maturities, held to maturity (247,862) (146,150)
Equity securities (92,977) (105,167)
Mortgage loans (113,978) (85,202)
Other investments (122,628) (194,212)
Short-term investments (141,821) (135,399)
Proceeds from the sale of:    
Fixed maturities, available for sale 4,730,523 7,945,524
Equity securities 111,148 10,928
Other investments 134,348 254,580
Short-term investments 71,435 156,674
Proceeds from the redemption of fixed maturities, available for sale 850,954 1,381,867
Proceeds from the redemption of fixed maturities, held to maturity 3,500 134,347
Proceeds from redemption of short-term investments 20,124 71,665
Proceeds from the repayment of mortgage loans 54,881 55,410
Purchase of other assets (25,041) (30,706)
Net cash used in investing activities (233,741) (869,328)
Cash flows from financing activities:    
Repurchase of common shares - open market (34,987) 0
Taxes paid on withholding shares (13,688) (10,026)
Dividends paid - common shares (112,888) (109,974)
Dividends paid - preferred shares (22,688) (22,688)
Federal Home Loan Bank advances, net 78,950 0
Net cash used in financing activities (105,301) (142,688)
Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash (60,396) (2,176)
Increase (decrease) in cash, cash equivalents and restricted cash 517,572 (4,028)
Cash, cash equivalents and restricted cash - beginning of period 1,317,690 1,503,232
Cash, cash equivalents and restricted cash - end of period 1,835,262 1,499,204
Supplemental disclosures of cash flow information:    
Income taxes paid 36,431 43,548
Interest paid $ 45,963 $ 45,963