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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income attributable to common shareholders $ (8,000) $ 19,000
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 1,000 (1,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total (9,000) 21,000
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 2,000 1,000
Amortization of bond premium and discount (13,000) (10,000)
Share-based compensation 6,000 12,000
Unearned premiums, net (2,000) (46,000)
Losses and loss expenses, net 3,000 66,000
Ceded premiums payable 75,000 56,000
Premium receivables (52,000) (8,000)
Accrued interest payable 40,000 (13,000)
Amortization of Intangible Assets 33,000 21,000
Net investment gains (losses), including impairments (3,000) 7,000
Variable interest entity activities (5,000) 0
Other, net (46,000) 7,000
Net Cash Provided by (Used in) Operating Activities, Total 28,000 112,000
Proceeds from Sale of Debt Securities, Available-for-Sale 193,000 113,000
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Proceeds from matured bonds 126,000 58,000
Purchases of bonds (358,000) (291,000)
Proceeds from sales of other invested assets 101,000 189,000
Purchases of other invested assets (132,000) (62,000)
Change in short-term investments 147,000 125,000
Change in cash collateral (2,000) (29,000)
Proceeds from paydowns of consolidated VIE assets 127,000 161,000
Other, net (8,000) 8,000
Net cash provided by (used in) investing activities (200,000) 521,000
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Tax payments related to shares withheld for share-based compensation plans (1,000) (5,000)
Proceeds from (Payments to) Noncontrolling Interests (2,000) (1,000)
Payments of consolidated VIE liabilities, net (131,000) (285,000)
Net cash provided by (used in) financing activities 14,000 (392,000)
Effect of foreign exchange on cash, cash equivalents and restricted cash 0 0
Net cash flow (158,000) 241,000
Cash, cash equivalents, and restricted cash at beginning of period 274,000 61,000
Cash, cash equivalents, and restricted cash at end of period 117,000 302,000
Change in cash collateral (2,000) (29,000)
Treasury Stock, Value, Acquired, Cost Method 0 (5,000)
Payments to Acquire Businesses, Net of Cash Acquired (215,000) (7,000)
Proceeds from Divestiture of Businesses, Net of Cash Divested 14,000  
Proceeds from Short-Term Debt 147,000  
Net Cash Provided by (Used in) Financing Activities 14,000 (392,000)
Net Cash Provided by (Used in) Investing Activities (200,000) 521,000
Net Cash Provided by (Used in) Operating Activities 28,000 112,000
Tier 2 Notes    
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Repayments of Secured Debt 0 (97,000)
Repayments of Secured Debt 0 97,000
Variable Interest Entity, Primary Beneficiary [Member]    
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Change in cash collateral (195,000) 254,000
Change in cash collateral $ (195,000) $ 254,000