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Segment Information (Results by Segment) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting [Line Items]      
Gross premiums written (1) [1] $ 9,102,358 $ 8,689,279 $ 8,203,925
Net premiums written [1] 7,928,912 7,544,195 7,134,018
(Increase) decrease in unearned premiums [1] (10,152) (287,078) (177,496)
Net premiums earned [1] 7,918,760 7,257,117 6,956,522
Losses and loss expenses (4,990,000) (4,726,000) (4,851,000)
Acquisition costs [1] (1,563,107) (1,537,213) (1,391,502)
Technical result 1,366,000 994,000 714,000
Other income 40,965 40,492 28,748
Other expenses (463,385) (414,876) (398,542)
Underwriting result 944,000 619,000 344,000
Net investment income 645,685 398,348 376,469
Market risk benefit gains 7,079 121,211 19,873
Net realized and unrealized investment gains (losses) 517,426 (1,969,014) 37,797
Interest expense (57,532) (55,185) (55,606)
Amortization of intangible assets (7,906) (8,912) (8,861)
Net foreign exchange losses (42,542) (14,774) (36,498)
Income tax benefit (expense) 327,924 (41,895) (39,967)
Interest in (losses) earnings of equity method investments (15,040) 10,821 126,795
Net income (loss) 2,318,119 (939,752) 764,188
Corporate, Non-Segment      
Segment Reporting [Line Items]      
Gross premiums written (1) 0 0 0
Net premiums written 0 0 0
(Increase) decrease in unearned premiums 0 0 0
Net premiums earned 0 0 0
Losses and loss expenses 0 0 0
Acquisition costs 0 0 0
Technical result 0 0 0
Other income 1,000 1,000 3,000
Other expenses (214,000) (203,000) (210,000)
Net investment income 573,000 324,000 295,000
Market risk benefit gains 7,000 121,000 20,000
Net realized and unrealized investment gains (losses) 517,000 (1,969,000) 38,000
Interest expense (58,000) (55,000) (56,000)
Amortization of intangible assets (8,000) (9,000) (9,000)
Net foreign exchange losses (43,000) (14,000) (36,000)
Income tax benefit (expense) 328,000 (42,000) (40,000)
Interest in (losses) earnings of equity method investments (15,000) 11,000 127,000
Non Life      
Segment Reporting [Line Items]      
Net premiums written 5,848,323 5,898,750 5,510,828
Net premiums earned 5,838,466 5,611,452 5,329,556
Non Life | Operating Segments      
Segment Reporting [Line Items]      
Gross premiums written (1) 6,994,000 7,015,000 6,557,000
Net premiums written 5,848,000 5,899,000 5,511,000
(Increase) decrease in unearned premiums (10,000) (288,000) (181,000)
Net premiums earned 5,838,000 5,611,000 5,330,000
Losses and loss expenses (3,182,000) (3,313,000) (3,443,000)
Acquisition costs (1,454,000) (1,430,000) (1,279,000)
Technical result 1,202,000 868,000 608,000
Other income 0 0 0
Other expenses (131,000) (119,000) (101,000)
Underwriting result $ 1,071,000 $ 749,000 $ 507,000
Reinsurance Ratios [Abstract]      
Loss ratio [2] 54.50% 59.00% 64.60%
Acquisition ratio [3] 24.90% 25.50% 24.00%
Technical ratio [4] 79.40% 84.50% 88.60%
Other expense ratio [5] 2.20% 2.10% 1.90%
Combined Ratio [6] 81.60% 86.60% 90.50%
Non Life | P&C | Operating Segments      
Segment Reporting [Line Items]      
Gross premiums written (1) $ 4,771,000 $ 5,025,000 $ 4,541,000
Net premiums written 3,909,000 4,234,000 3,722,000
(Increase) decrease in unearned premiums 37,000 (293,000) (194,000)
Net premiums earned 3,946,000 3,941,000 3,528,000
Losses and loss expenses (2,196,000) (2,410,000) (2,391,000)
Acquisition costs (960,000) (995,000) (864,000)
Technical result 790,000 536,000 273,000
Other income 0 0 0
Other expenses (92,000) (84,000) (71,000)
Underwriting result $ 698,000 $ 452,000 $ 202,000
Reinsurance Ratios [Abstract]      
Loss ratio [2] 55.70% 61.20% 67.80%
Acquisition ratio [3] 24.30% 25.20% 24.50%
Technical ratio [4] 80.00% 86.40% 92.30%
Other expense ratio [5] 2.30% 2.10% 2.00%
Combined Ratio [6] 82.30% 88.50% 94.30%
Non Life | Specialty | Operating Segments      
Segment Reporting [Line Items]      
Gross premiums written (1) $ 2,223,000 $ 1,990,000 $ 2,016,000
Net premiums written 1,939,000 1,665,000 1,789,000
(Increase) decrease in unearned premiums (47,000) 5,000 13,000
Net premiums earned 1,892,000 1,670,000 1,802,000
Losses and loss expenses (986,000) (903,000) (1,052,000)
Acquisition costs (494,000) (435,000) (415,000)
Technical result 412,000 332,000 335,000
Other income 0 0 0
Other expenses (39,000) (35,000) (30,000)
Underwriting result $ 373,000 $ 297,000 $ 305,000
Reinsurance Ratios [Abstract]      
Loss ratio [2] 52.10% 54.10% 58.40%
Acquisition ratio [3] 26.10% 26.00% 23.00%
Technical ratio [4] 78.20% 80.10% 81.40%
Other expense ratio [5] 2.10% 2.10% 1.70%
Combined Ratio [6] 80.30% 82.20% 83.10%
Life and Health      
Segment Reporting [Line Items]      
Net premiums written $ 2,080,589 $ 1,645,445 $ 1,623,190
Net premiums earned 2,080,294 1,645,665 1,626,966
Life and Health | Operating Segments      
Segment Reporting [Line Items]      
Gross premiums written (1) 2,108,000 1,674,000 1,647,000
Net premiums written 2,081,000 1,645,000 1,623,000
(Increase) decrease in unearned premiums 0 1,000 4,000
Net premiums earned 2,081,000 1,646,000 1,627,000
Losses and loss expenses (1,808,000) (1,413,000) (1,408,000)
Acquisition costs (109,000) (107,000) (113,000)
Technical result 164,000 126,000 106,000
Other income 40,000 39,000 26,000
Other expenses (118,000) (93,000) (88,000)
Underwriting result 86,000 72,000 44,000
Net investment income 73,000 74,000 81,000
Allocated underwriting result $ 159,000 $ 146,000 $ 125,000
[1] See Note 21 for additional information regarding related party transactions.
[2] Loss ratio is obtained by dividing losses and loss expenses by net premiums earned.
[3] Acquisition ratio is obtained by dividing acquisition costs by net premiums earned.
[4] Technical ratio is defined as the sum of the loss ratio and the acquisition ratio.
[5] Other expense ratio is obtained by dividing other expenses by net premiums earned.
[6] Combined ratio is defined as the sum of the technical ratio and the other expense ratio.