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v3.20.2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2020 | Jun. 30, 2019
Net Cash Provided by (Used in) Operating Activities [Abstract] |  |
Net Cash Provided by (Used in) Operating Activities | $ 305,291 | $ 338,129
Cash Flows from Investing Activities: |  |
Proceeds from Sales of Fixed-Maturity Investments Available for sale | 735,154 | 568,351
Proceeds from Sales of Trading Securities | 11,602 | 111,713
Proceeds from Sales of Equity Securities | 75,793 | 39,818
Proceeds from Redemption of Fixed-Maturity Investments Available for sale | 271,477 | 184,464
Proceeds from Redemptions of Trading securities | 17,810 | 35,852
Purchases of Fixed-Maturity Investments Available for sale | (1,216,333) | (665,882)
Purchases of Equity Securities | (65,427) | (31,853)
Sales, Redemptions and (Purchases) of Short-term Investments, Net | (418,744) | (372,540)
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net | 2,346 | 490
Proceeds from sale of a subsidiary, net of cash sold | 16,481 | 0
Purchases of property and equipment, net | (10,594) | (15,207)
Net cash provided by (used in) investing activities | (580,435) | (144,794)
Cash Flows from Financing Activities: |  |
Dividends and dividend equivalents paid | (49,301) | (1,053)
Issuance of senior notes, net | 516,083 | 442,937
Repayments and repurchases of senior notes | 0 | (508,017)
Issuance of common stock | 1,480 | 1,268
Repurchases of common shares | (226,305) | (188,817)
Credit facility commitment fees paid | (1,754) | (471)
Change in secured borrowings, net (with terms three months or less) | (17,535) | 11,563
Proceeds from secured borrowings (with terms greater than 3 months) | 106,960 | 36,000
Payments of secured borrowings (with terms greater than 3 months) | (66,013) | (14,550)
Repayments of other borrowings | (79) | (75)
Net cash provided by (used in) financing activities | 263,536 | (221,215)
Increase (decrease) in cash and restricted cash | (11,608) | (27,884)
Cash and restricted cash, beginning of period | 96,274 | 107,002
Cash and restricted cash, end of period | 84,666 | 79,118
Effect of Exchange Rate on Cash and Cash Equivalents | $ 0 | $ (4)

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