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Income Taxes - Schedule of Distribution of Income Before Income Taxes and Reconciliation of Income Tax Rate To Effective Tax Rate (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income before income taxes    
Bermuda (domestic) $ 83,231 $ 106,604
Foreign 187,574 89,388
Income before income taxes and interest in income (loss) of equity method investments $ 270,805 $ 195,992
Reconciliation of effective tax rate (% of income before income taxes)    
Expected tax rate 0.00% 0.00%
Valuation allowance (0.70%) (1.80%)
Bermuda Economic Transition Adjustment (0.601) 0
Other 0.60% 1.30%
Actual tax rate (46.00%) 8.10%
U.S. | Foreign Tax Authority    
Reconciliation of effective tax rate (% of income before income taxes)    
Foreign taxes at local expected rates: 9.20% 5.40%
Europe | Foreign Tax Authority    
Reconciliation of effective tax rate (% of income before income taxes)    
Foreign taxes at local expected rates: 5.00% 3.20%