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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:          
Net income $ 211,964 $ 150,674 $ 607,425 $ 330,773  
Adjustments to reconcile net income to net cash provided by operating activities:          
Net investment (gains) losses 53,479 24,370 62,687 44,558  
Net realized and unrealized (gains) losses on other investments     (18,869) 5,236  
Amortization of fixed maturities     (18,390) (5,916)  
Interest in (income) loss of equity method investments (7,900) (2,100) (9,069) 105  
Other amortization and depreciation     27,893 31,182  
Share-based compensation expense, net of cash payments     23,275 24,640  
Changes in:          
Accrued interest receivable     (12,294) (6,565)  
Reinsurance recoverable on unpaid losses and loss expenses     (278,507) (34,416)  
Reinsurance recoverable on paid losses and loss expenses     80,018 (42,227)  
Deferred acquisition costs     (143,481) (114,124)  
Prepaid reinsurance premiums     (197,903) (215,019)  
Reserve for losses and loss expenses     326,820 253,575  
Unearned premiums     936,026 778,063  
Insurance and reinsurance balances, net     (272,528) (391,658)  
Other items     (210,864) (20,893)  
Net cash provided by operating activities     902,239 637,314  
Purchases of:          
Fixed maturities, available for sale     (4,534,094) (3,230,430)  
Fixed maturities, held to maturity     (77,033) (25,000)  
Equity securities     (78,131) (84,272)  
Mortgage loans     (2,385) (20,686)  
Other investments     (38,059) (57,124)  
Equity method investments     (10,002) 0  
Short-term investments     (104,190) (76,052)  
Proceeds from the sale of:          
Fixed maturities, available for sale     3,341,151 2,694,067  
Equity securities     97,430 14,220  
Other investments     69,701 80,227  
Short-term investments     24,488 58,875  
Proceeds from redemption of fixed maturities, available for sale     829,963 423,836  
Proceeds from redemption of fixed maturities, held to maturity     125,552 6,059  
Proceeds from redemption of short-term investments     40,411 42,570  
Proceeds from the repayment of mortgage loans     53,524 35,412  
Proceeds from the (purchase) sale of other asset, net     (8,932) (7,584)  
Loan advances made     (139,585) (36,235)  
Net cash used in investing activities     (410,191) (182,117)  
Cash flows from financing activities:          
Repurchase of common shares - open market     (99,968) 0  
Taxes paid on withholding shares     (14,556) (17,051)  
Dividends paid - common shares     (77,509) (78,022)  
Dividends paid - preferred shares     (15,125) (15,125)  
Federal Home Loan Bank advances, net     0 5,250  
Net cash used in financing activities     (207,158) (104,948)  
Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash     (13,812) (6,632)  
Increase in cash, cash equivalents and restricted cash     271,078 343,617  
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 $ 1,655,063 $ 1,518,270 1,655,063 1,518,270 $ 1,383,985
Supplemental disclosures of cash flow information:          
Income taxes paid     24,853 31,547  
Interest paid     $ 32,148 $ 31,600