v3.26.3
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
OPERATING ACTIVITIES    
Net income $ 1,251,245 $ 1,570,319
Adjustments to reconcile net income to net cash provided by operating activities 139,553 528,744
Net Cash Provided By Operating Activities 1,390,798 2,099,063
INVESTING ACTIVITIES    
Proceeds from sales, maturities, calls, and prepayments of fixed maturity securities 2,044,897 1,825,995
Cost of fixed maturity securities purchased (2,255,599) (2,703,340)
Proceeds from sales of equity securities 352,709 163,759
Cost of equity securities purchased (298,615) (290,362)
Net change in short-term investments (690,176) 473,110
Additions to property and equipment (188,129) (143,774)
Acquisitions, net of cash acquired (33,840) (60,003)
Other 33,853 98,708
Net Cash Used By Investing Activities (1,034,900) (635,907)
FINANCING ACTIVITIES    
Additions to senior long-term debt and other debt 1,021,170 712,075
Repayment of senior long-term debt and other debt (964,996) (761,385)
Repurchases of common stock (685,316) (344,014)
Dividends paid on preferred stock 0 (18,000)
Redemption of preferred stock 0 (600,000)
Purchase of noncontrolling interests (73,753) (61,777)
Other (46,185) (25,476)
Net Cash Used By Financing Activities (749,080) (1,098,577)
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents (14,437) 60,076
Increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents (407,619) 424,655
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 4,603,302 4,192,248
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD $ 4,195,683 $ 4,616,903