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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 395,459 $ 180,097  
Adjustments to reconcile net income to net cash provided by operating activities:      
Net investment (gains) losses 9,207 20,190  
Net realized and unrealized gains on other investments (4,973) (486)  
Amortization of fixed maturities (8,630) (2,425)  
Interest in (income) loss of equity method investments (1,169) 2,205  
Other amortization and depreciation 14,257 14,971  
Share-based compensation expense, net of cash payments 13,670 8,935  
Changes in:      
Accrued interest receivable (1,411) (3,826)  
Reinsurance recoverable on unpaid losses and loss expenses (186,791) 6,675  
Reinsurance recoverable on paid losses and loss expenses 98,362 (58,631)  
Deferred acquisition costs (94,737) (88,700)  
Prepaid reinsurance premiums (144,311) (80,592)  
Reserve for losses and loss expenses 209,390 150,410  
Unearned premiums 611,974 462,751  
Insurance and reinsurance balances, net (267,456) (314,642)  
Other items (258,702) (56,368)  
Net cash provided by operating activities 384,139 240,564  
Purchases of:      
Fixed maturities, available for sale (2,450,714) (1,614,005)  
Fixed maturities, held to maturity (46,534) (20,001)  
Equity securities (76,270) (77,560)  
Mortgage loans (1,552) (14,030)  
Other investments (18,368) (26,308)  
Equity method investments (6,791) 0  
Short-term investments (82,199) (54,895)  
Proceeds from the sale of:      
Fixed maturities, available for sale 2,367,906 1,330,744  
Equity securities 97,434 13,162  
Other investments 38,027 14,825  
Short-term investments 19,325 44,949  
Proceeds from redemption of fixed maturities, available for sale 435,700 221,094  
Proceeds from redemption of fixed maturities, held to maturity 39,791 1,596  
Proceeds from redemption of short-term investments 4,510 10,520  
Proceeds from the repayment of mortgage loans 211 5,206  
Proceeds from the (purchase) sale of other assets, net (8,208) 5,299  
Loan advances made (101,229) (18,130)  
Net cash provided by (used in) investing activities 211,039 (177,534)  
Cash flows from financing activities:      
Repurchase of common shares - open market (61,607) 0  
Taxes paid on withholding shares (14,121) (15,945)  
Dividends paid - common shares (40,208) (40,323)  
Dividends paid - preferred shares (7,563) (7,563)  
Federal Home Loan Bank advances, net 0 5,250  
Net cash used in financing activities (123,499) (58,581)  
Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash (14,090) 193  
Increase in cash, cash equivalents and restricted cash 457,589 4,642  
Cash, cash equivalents and restricted cash - beginning of period 1,383,985 1,174,653 $ 1,174,653
Cash, cash equivalents and restricted cash - end of period 1,841,574 1,179,295 $ 1,383,985
Supplemental disclosures of cash flow information:      
Income taxes paid (refund) 6,796 (2,403)  
Interest paid $ 17,504 $ 17,110