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Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Equity securities $ 1,262,192 $ 1,203,788
Arbitrage trading account 1,035,000 1,123,000
Loans receivable 324,699 405,248
Carrying Value    
Assets:    
Fixed maturity securities 24,093,156 22,397,865
Equity securities 1,262,192 1,203,788
Arbitrage trading account 1,034,557 1,122,599
Loans receivable 324,365 405,453
Cash and cash equivalents 1,984,529 1,974,747
Trading account receivables from brokers and clearing organizations 138,891 60,327
Liabilities:    
Due to broker 16,160 70,483
Trading account securities sold but not yet purchased 30,909 73,358
Senior notes and other debt 1,831,638 1,831,158
Subordinated debentures 1,010,168 1,009,808
Fair Value    
Assets:    
Fixed maturity securities 24,094,270 22,399,426
Equity securities 1,262,192 1,203,788
Arbitrage trading account 1,034,557 1,122,599
Loans receivable 324,699 405,248
Cash and cash equivalents 1,984,529 1,974,747
Trading account receivables from brokers and clearing organizations 138,891 60,327
Liabilities:    
Due to broker 16,160 70,483
Trading account securities sold but not yet purchased 30,909 73,358
Senior notes and other debt 1,438,943 1,425,852
Subordinated debentures $ 766,884 $ 805,864