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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 180,097 $ 149,200
Adjustments to reconcile net income to net cash provided by operating activities:    
Net investment losses 20,190 94,508
Net realized and unrealized gains on other investments (486) (25,643)
Amortization of fixed maturities (2,425) 10,896
Interest in income (loss) of equity method investments 2,205 (11,550)
Other amortization and depreciation 14,971 15,714
Share-based compensation expense, net of cash payments 8,935 7,661
Changes in:    
Accrued interest receivable (3,826) (654)
Reinsurance recoverable on unpaid losses and loss expenses 6,675 60,605
Reinsurance recoverable on paid losses and loss expenses (53,728) 30,441
Deferred acquisition costs (88,700) (111,635)
Prepaid reinsurance premiums (80,592) (176,010)
Reserve for losses and loss expenses 150,410 (182,720)
Unearned premiums 462,751 736,045
Insurance and reinsurance balances, net (337,675) (345,837)
Other items (56,368) (117,710)
Net cash provided by operating activities 222,434 133,311
Purchases of:    
Fixed maturities, available for sale (1,614,005) (2,287,937)
Fixed maturities, held to maturity (20,001) (50,992)
Equity securities (77,560) (2,218)
Mortgage loans (14,030) (42,802)
Other investments (26,308) (37,311)
Short-term investments (54,895) (50,896)
Proceeds from the sale of:    
Fixed maturities, available for sale 1,330,744 2,255,915
Equity securities 13,162 50,097
Other investments 14,825 57,300
Short-term investments 44,949 6,042
Proceeds from redemption of fixed maturities, available for sale 221,094 416,838
Proceeds from redemption of fixed maturities, held to maturity 1,596 3,500
Proceeds from redemption of short-term investments 10,520 5,530
Proceeds from the repayment of mortgage loans 5,206 9,982
Proceeds from the sale (purchase) of other assets, net 5,299 (10,431)
Net cash provided by (used in) investing activities (159,404) 322,617
Cash flows from financing activities:    
Taxes paid on withholding shares (15,945) (12,977)
Dividends paid - common shares (40,323) (39,743)
Dividends paid - preferred shares (7,563) (7,563)
Federal Home Loan Bank advances, net 5,250 0
Net cash used in financing activities (58,581) (60,283)
Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash 193 (6,624)
Increase in cash, cash equivalents and restricted cash 4,642 389,021
Cash, cash equivalents and restricted cash - beginning of period 1,174,653 1,317,690
Cash, cash equivalents and restricted cash - end of period 1,179,295 1,706,711
Supplemental disclosures of cash flow information:    
Income taxes paid (refund) (2,403) 346
Interest paid $ 17,110 $ 16,263