v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 188,049 $ 278,233
Purchase of:    
Fixed income securities, available-for-sale (469,460) (455,880)
Equity securities (14,750) (95,537)
Property and equipment (3,856) (2,358)
Other (5,884) (3,610)
Proceeds from sale of:    
Fixed income securities, available-for-sale 126,582 29,970
Equity securities 38,426 55,251
Other 4,216 2,467
Proceeds from call or maturity of:    
Fixed income securities, available-for-sale 230,669 241,362
Net proceeds from purchase of short-term investments (85,557) (40,747)
Net cash used in investing activities (179,614) (269,082)
Cash Flows from Financing Activities    
Proceeds from issuance of debt 296,866  
Payment of debt (100,000)  
Cash dividends paid (215,255) (28,453)
Proceeds from stock option exercises 2,536 926
Purchases of treasury shares (12,046)  
Net cash used in financing activities (27,899) (27,527)
Net increase in cash (19,464) (18,376)
Cash at the beginning of the period 51,565 39,790
Cash at June 30, $ 32,101 $ 21,414