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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Net premiums earned $ 1,366,701 $ 1,322,564 $ 3,929,221 $ 3,818,508
Net investment income 205,100 154,201 563,458 424,802
Other insurance related income 6,838 10,344 23,704 16,444
Net investment gains (losses):        
(Increase) decrease in allowance for expected credit losses (1,134) 1,077 (9,433) (1,380)
Impairment losses (14) (41) (178) (9,124)
Other realized and unrealized investment gains (losses) 33,330 (54,150) (20,892) (87,167)
Total net investment gains (losses) 32,182 (53,114) (30,503) (97,671)
Total revenues 1,610,821 1,433,995 4,485,880 4,162,083
Expenses        
Net losses and loss expenses 831,872 783,940 2,326,532 2,240,840
Acquisition costs 274,935 263,389 794,280 747,027
General and administrative expenses 165,203 179,283 477,016 514,596
Foreign exchange losses (gains) 92,204 (50,570) 61,268 (11,755)
Interest expense and financing costs 16,849 16,445 51,005 50,077
Reorganization expenses 0 28,997 26,312 28,997
Amortization of intangible assets 2,729 2,729 8,188 8,188
Total expenses 1,383,792 1,224,213 3,744,601 3,577,970
Income before income taxes and interest in income of equity method investments 227,029 209,782 741,279 584,113
Income tax (expense) benefit (47,922) (24,624) 36,185 (68,078)
Interest in income of equity method investments 1,621 2,940 10,689 2,835
Net income 180,728 188,098 788,153 518,870
Preferred share dividends 7,563 7,563 22,688 22,688
Net income available to common shareholders $ 173,165 $ 180,535 $ 765,465 $ 496,182
Earnings per common share:        
Earnings per common share (in usd per share) $ 2.06 $ 2.12 $ 9.07 $ 5.83
Earnings per diluted common share (in usd per share) $ 2.04 $ 2.10 $ 8.97 $ 5.77
Weighted average common shares outstanding (in shares) 83,936 85,223 84,428 85,099
Weighted average diluted common shares outstanding (in shares) 85,000 86,108 85,338 85,927