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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Net premiums earned $ 5,083,781 $ 5,160,326 $ 4,709,850
Net investment income 611,742 418,829 454,301
Other insurance related income 22,495 13,073 23,295
Net investment gains (losses):      
(Increase) decrease in allowance for expected credit losses (5,246) (11,421) 11
Impairment losses (12,757) (12,568) (22)
Other realized and unrealized investment gains (losses) (56,627) (432,800) 134,290
Total net investment gains (losses) (74,630) (456,789) 134,279
Total revenues 5,643,388 5,135,439 5,321,725
Expenses      
Net losses and loss expenses 3,393,102 3,242,410 3,008,783
Acquisition costs 1,000,945 1,022,017 921,834
General and administrative expenses 684,446 680,343 663,304
Foreign exchange losses (gains) 58,115 (157,945) 315
Interest expense and financing costs 68,421 63,146 62,302
Reorganization expenses 28,997 31,426 0
Amortization of value of business acquired 0 0 3,854
Amortization of intangible assets 10,917 10,917 12,424
Total expenses 5,244,943 4,892,314 4,672,816
Income before income taxes and interest in income of equity method investments 398,445 243,125 648,909
Income tax expense (26,316) (22,037) (62,384)
Interest in income of equity method investments 4,163 1,995 32,084
Net income 376,292 223,083 618,609
Preferred share dividends 30,250 30,250 30,250
Net income available to common shareholders $ 346,042 $ 192,833 $ 588,359
Earnings per common share:      
Earnings per common share (in dollars per share) $ 4.06 $ 2.27 $ 6.95
Earnings per diluted common share (in dollars per share) $ 4.02 $ 2.25 $ 6.90
Weighted average common shares outstanding (in shares) 85,142 84,864 84,707
Weighted average diluted common shares outstanding (in shares) 86,012 85,669 85,291