v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Preference shares
Common shares
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Beginning balance at Dec. 31, 2024   $ 750,000 $ 50,181 $ 1,512,435 $ (14,756) $ 8,276,152
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of shares (Note 10)     (3,046) (734,623)    
Change in redeemable noncontrolling interests       (285)    
Issuance of performance share and restricted stock awards (Note 10)     235 13,477    
Change in net unrealized gains (loss) on investments, net of tax $ (136)       (136)  
Foreign currency translation adjustments, net of tax 1,126       1,126  
Net income (loss) 1,138,429          
Net (income) loss attributable to redeemable noncontrolling interests (Note 8) (133,087)         (133,087)
Dividends on common shares (Note 10) (38,700)         (38,720)
Dividends on preference shares (Note 10) (17,688)         (17,688)
Ending balance at Jun. 30, 2025 10,799,694 750,000 47,370 791,004 (13,766) 9,225,086
Beginning balance at Mar. 31, 2025   750,000 48,928 1,146,653 (14,844) 8,417,766
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of shares (Note 10)     (1,554) (374,969)    
Change in redeemable noncontrolling interests       (345)    
Issuance of performance share and restricted stock awards (Note 10)     (4) 19,665    
Change in net unrealized gains (loss) on investments, net of tax 163       163  
Foreign currency translation adjustments, net of tax 915       915  
Net income (loss) 1,163,690          
Net (income) loss attributable to redeemable noncontrolling interests (Note 8) (328,339)         (328,339)
Dividends on common shares (Note 10)           (19,187)
Dividends on preference shares (Note 10) (8,844)         (8,844)
Ending balance at Jun. 30, 2025 10,799,694 750,000 47,370 791,004 (13,766) 9,225,086
Beginning balance at Dec. 31, 2025 11,608,657 750,000 43,962 0 (12,626) 10,827,321
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of shares (Note 10)     (2,382)     (700,168)
Change in redeemable noncontrolling interests           (2,844)
Issuance of performance share and restricted stock awards (Note 10)     231     12,865
Change in net unrealized gains (loss) on investments, net of tax (293)       (293)  
Foreign currency translation adjustments, net of tax (126)       (126)  
Net income (loss) 1,494,168          
Net (income) loss attributable to redeemable noncontrolling interests (Note 8) (537,711)         (537,711)
Dividends on common shares (Note 10) (34,500)         (34,500)
Dividends on preference shares (Note 10) (17,688)         (17,688)
Ending balance at Jun. 30, 2026 11,820,209 750,000 41,811 0 (13,045) 11,041,443
Beginning balance at Mar. 31, 2026   750,000 42,974 0 (12,152) 10,733,419
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of shares (Note 10)     (1,164)     (348,850)
Change in redeemable noncontrolling interests           (2,430)
Issuance of performance share and restricted stock awards (Note 10)     1     21,959
Change in net unrealized gains (loss) on investments, net of tax (269)       (269)  
Foreign currency translation adjustments, net of tax (624)       (624)  
Net income (loss) 978,338          
Net (income) loss attributable to redeemable noncontrolling interests (Note 8) (315,260)         (315,260)
Dividends on common shares (Note 10)           (16,889)
Dividends on preference shares (Note 10) (8,844)         (8,844)
Ending balance at Jun. 30, 2026 $ 11,820,209 $ 750,000 $ 41,811 $ 0 $ (13,045) $ 11,041,443