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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Preferred shares
Common shares (par value)
Additional paid-in capital
Accumulated other comprehensive income
Unrealized gains (losses) on available for sale investments, net of tax:
Cumulative foreign currency translation adjustments, net of tax:
Retained earnings
Treasury shares, at cost
Balance at beginning of period at Dec. 31, 2018   $ 775,000 $ 2,206 $ 2,308,583 $ (177,110) $ (168,365) $ (8,745) $ 5,912,812 $ (3,791,420)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased   0              
Shares reissued       (20,058)         21,791
Share-based compensation expense       15,067          
Unrealized gains arising during the period, net of reclassification adjustment $ 328,036         328,036      
Foreign currency translation adjustment 5,219           5,219    
Net income (loss) 285,828             285,828  
Preferred share dividends               (21,313)  
Common share dividends               (68,750)  
Shares repurchased (9,414)               (9,414)
Balance at end of period at Jun. 30, 2019 5,566,477 775,000 2,206 2,303,592 156,145 159,671 (3,526) 6,108,577 (3,779,043)
Balance at beginning of period at Mar. 31, 2019   775,000 2,206 2,296,639 29,096 35,178 (6,082) 5,976,603 (3,779,388)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased   0              
Shares reissued       (756)         756
Share-based compensation expense       7,709          
Unrealized gains arising during the period, net of reclassification adjustment 124,493         124,493      
Foreign currency translation adjustment 2,556           2,556    
Net income (loss) 177,043             177,043  
Preferred share dividends               (10,656)  
Common share dividends               (34,413)  
Shares repurchased (411)               (411)
Balance at end of period at Jun. 30, 2019 5,566,477 775,000 2,206 2,303,592 156,145 159,671 (3,526) 6,108,577 (3,779,043)
Balance at beginning of period at Dec. 31, 2019 5,544,008 775,000 2,206 2,317,212 171,710 181,521 (9,811) 6,056,686 (3,778,806)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased   (225,000)              
Shares reissued       (19,151)         21,040
Share-based compensation expense       19,293          
Unrealized gains arising during the period, net of reclassification adjustment 113,780         113,780      
Foreign currency translation adjustment (3,891)           (3,891)    
Net income (loss) (57,783)             (57,783)  
Preferred share dividends               (15,125)  
Common share dividends               (70,749)  
Shares repurchased (8,602)               (8,602)
Balance at end of period at Jun. 30, 2020 5,297,820 550,000 2,206 2,317,354 281,599 295,301 (13,702) 5,913,029 (3,766,368)
Balance at beginning of period at Mar. 31, 2020   550,000 2,206 2,307,998 (89,919) (72,383) (17,536) 5,836,007 (3,766,714)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased   0              
Shares reissued       (456)         456
Share-based compensation expense       9,812          
Unrealized gains arising during the period, net of reclassification adjustment 367,684         367,684      
Foreign currency translation adjustment 3,834           3,834    
Net income (loss) 120,040             120,040  
Preferred share dividends               (7,563)  
Common share dividends               (35,455)  
Shares repurchased (110)               (110)
Balance at end of period at Jun. 30, 2020 $ 5,297,820 $ 550,000 $ 2,206 $ 2,317,354 $ 281,599 $ 295,301 $ (13,702) $ 5,913,029 $ (3,766,368)