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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Net premiums earned $ 1,304,478 $ 1,265,745 $ 2,562,519 $ 2,495,944
Net investment income 190,975 136,829 358,358 270,601
Other insurance related income 8,526 5,524 16,867 6,100
Net investment gains (losses):        
(Increase) decrease in allowance for expected credit losses (12,963) 354 (8,300) (2,456)
Impairment losses (156) (9,083) (164) (9,083)
Other realized and unrealized investment gains (losses) (40,360) (15,641) (54,223) (33,019)
Total net investment gains (losses) (53,479) (24,370) (62,687) (44,558)
Total revenues 1,450,500 1,383,728 2,875,057 2,728,087
Expenses        
Net losses and loss expenses 765,988 736,257 1,494,659 1,456,899
Acquisition costs 265,091 253,265 519,345 483,638
General and administrative expenses 148,441 168,503 311,813 335,314
Foreign exchange losses (gains) (7,384) 30,104 (30,936) 38,814
Interest expense and financing costs 17,010 16,738 34,157 33,632
Reorganization expenses 14,014 0 26,312 0
Amortization of intangible assets 2,729 2,729 5,458 5,458
Total expenses 1,205,889 1,207,596 2,360,808 2,353,755
Income before income taxes and interest in income (loss) of equity method investments 244,611 176,132 514,249 374,332
Income tax (expense) benefit (40,547) (27,558) 84,107 (43,454)
Interest in income (loss) of equity method investments 7,900 2,100 9,069 (105)
Net income 211,964 150,674 607,425 330,773
Preferred share dividends 7,563 7,563 15,125 15,125
Net income available to common shareholders $ 204,401 $ 143,111 $ 592,300 $ 315,648
Earnings per common share:        
Earnings per common share (in usd per share) $ 2.42 $ 1.68 $ 6.99 $ 3.71
Earnings per diluted common share (in usd per share) $ 2.40 $ 1.67 $ 6.93 $ 3.68
Weighted average common shares outstanding (in shares) 84,475 85,207 84,677 85,036
Weighted average diluted common shares outstanding (in shares) 85,326 85,812 85,509 85,833