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v3.21.2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2021 | Jun. 30, 2020
Net Cash Provided by (Used in) Operating Activities [Abstract] |  |
Net Cash Provided by (Used in) Operating Activities | $ 275,896 | $ 305,291
Cash Flows from Investing Activities |  |
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale | 329,072 | 735,154
Proceeds from Sales of Trading Securities | 7,952 | 11,602
Proceeds from Sales of Equity Securities | 4,440 | 75,793
Proceeds from Redemption of Fixed-Maturity Investments Available for sale | 619,265 | 271,477
Proceeds from Redemptions of Trading securities | 10,606 | 17,810
Purchases of Fixed-maturities Available-for-sale | (944,618) | (1,216,333)
Purchases of Equity Securities | (61,235) | (65,427)
Sales, Redemptions and (Purchases) of Short-term Investments, Net | (41,925) | (418,744)
Payments for (Proceeds from) Other Investing Activities | 5,043 | 2,346
Proceeds from sale of subsidiary, net of cash sold | 0 | 16,481
Payments for (Proceeds from) Productive Assets | (4,993) | (10,594)
Net cash provided by (used in) investing activities | (76,393) | (580,435)
Cash Flows from Financing Activities |  |
Dividends and dividend equivalents paid | (52,036) | (49,301)
Issuance of senior notes, net | 0 | 516,083
Issuance of common stock | 1,112 | 1,480
Repurchases of common shares | (98,695) | (226,305)
Credit facility commitment fees paid | (471) | (1,754)
Change in secured borrowings, net (with terms three months or less) | 4,348 | (17,535)
Proceeds from secured borrowings (with terms greater than 3 months) | 32,000 | 106,960
Payments of secured borrowings (with terms greater than 3 months) | (42,000) | (66,013)
Repayments of other borrowings | 0 | (79)
Net cash provided by (used in) financing activities | (155,742) | 263,536
Increase (decrease) in cash and restricted cash | 43,761 | (11,608)
Cash and restricted cash, beginning of period | 94,146 | 96,274
Cash and restricted cash, end of period | $ 137,907 | $ 84,666

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- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 + Details
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- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details
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