v3.25.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net income $ 806,532 $ 1,339,032
Adjustments to reconcile net income to net cash provided by operating activities 74,056 (129,753)
Net Cash Provided By Operating Activities 880,588 1,209,279
INVESTING ACTIVITIES    
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities 1,044,717 1,184,109
Cost of fixed maturity securities purchased (1,530,292) (1,969,203)
Proceeds from sales of equity securities 103,788 64,905
Cost of equity securities purchased (200,317) (288,247)
Net change in short-term investments 728,977 (161,306)
Additions to property and equipment (91,353) (129,148)
Acquisitions, net of cash acquired (60,003) (207,231)
Other 87,879 (52,168)
Net Cash Provided (Used) By Investing Activities 83,396 (1,558,289)
FINANCING ACTIVITIES    
Additions to senior long-term debt and other debt 540,821 1,101,516
Repayment of senior long-term debt and other debt (509,632) (493,786)
Repurchases of common stock (269,621) (260,192)
Dividends paid on preferred stock (18,000) (18,000)
Redemption of preferred stock (600,000) 0
Purchase of noncontrolling interests (61,777) (46,492)
Other (9,538) (27,851)
Net Cash Provided (Used) By Financing Activities (927,747) 255,195
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents 66,608 (22,217)
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 102,845 (116,032)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 4,192,248 4,332,034
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD $ 4,295,093 $ 4,216,002