CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 70,234	$ 69,224
Adjustments to reconcile net income or loss to net cash provided by (used in) operating activities:
Income from investments in related party investment fund	(42,422)	(27,791)
Net realized gain on repurchases of convertible senior notes payable	0	(265)
Net realized and unrealized losses (gains) on other investments	324	2,299
Net realized and unrealized losses (gains) on derivatives	58	0
Current expected credit losses (gains) recognized on reinsurance assets	225	500
Share-based compensation expense	4,577	3,521
Accretion of debt offering costs and change in interest accruals	1,177	(98)
Net change in:
Reinsurance balances receivable	(99,329)	(135,281)
Loss and loss adjustment expenses recoverable	(40,474)	(15,007)
Deferred acquisition costs	(2,250)	(2,711)
Unearned premiums ceded	(18,009)	(547)
Loss and loss adjustment expense reserves	149,598	102,766
Unearned premium reserves	40,793	32,762
Reinsurance balances payable	19,169	(35,253)
Funds withheld	3,499	(8,501)
Other items, net	(5,200)	(248)
Net cash provided by (used in) operating activities	81,970	(14,630)
Cash flows from investing activities
Proceeds from redemptions of investment in Solasglas	14,000	73,997
Contributions to investment in Solasglas	(110,576)	(97,000)
Purchases of other investments	(814)	(5,545)
Proceeds on disposal of other investments	168	6,000
Net cash used in investing activities	(97,222)	(22,548)
Cash flows from financing activities
Proceeds from term loans	0	74,053
Repayment of term loans	(11,876)	0
Repayment of convertible senior notes payable	0	(62,147)
Repurchases of convertible senior notes payable	0	(17,198)
Repurchase of shares	(7,488)	0
Net cash used in financing activities	(19,364)	(5,292)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	619	(152)
Decrease in cash, cash equivalents and restricted cash	(33,997)	(42,622)
Cash, cash equivalents and restricted cash at beginning of the period	655,730	706,548
Cash, cash equivalents and restricted cash at end of the period	621,733	663,926
Supplementary information
Interest paid in cash	3,825	3,336
Income tax paid (refund received) in cash	$ 192	$ 56