XML 130 R114.htm IDEA: XBRL DOCUMENT v3.20.4
Schedule II Financial Information of Registrant - Parent Company Statement of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net cash provided by (used in) operating activities (1) $ 658,434 $ 694,431 $ 677,786
Cash flows from investing activities:      
Proceeds from sales of Fixed-maturity investments available-for-sale 963,589 986,647 728,584
Proceeds from sales of Trading securities 11,602 130,537 58,317
Proceeds from sales of Equity securities 90,450 69,779 95,697
Proceeds from redemptions of Fixed-maturity investments available for sale 645,068 464,777 457,595
Proceeds from redemptions of Trading securities 22,913 37,684 54,329
Purchases of Fixed-maturity investments available for sale (2,449,762) (1,913,703) (1,875,069)
Sales, redemptions and (purchases) of Short-term investments, net (82,925) 8,017 (108,325)
Sales, redemptions and (purchases) of Other assets, net (1,434) 739 (2,590)
Net cash provided by (used in) investing activities (883,180) (302,049) (689,414)
Cash flows from financing activities:      
Dividends and dividend equivalents paid (97,458) (2,061) (2,140)
Issuance of senior notes, net 515,567 442,439 0
Repayments and repurchases of senior notes 0 (610,763) 0
Issuance of common stock 1,553 2,416 1,385
Repurchases of common shares (226,305) (300,201) (50,053)
Proceeds from (Payments for) Other Financing Activities (2,292) (989) (1,510)
Net cash provided by (used in) financing activities 222,618 (403,106) 22,386
Effect of exchange rate changes on cash and restricted cash 0 (4) 0
Increase (decrease) in cash and restricted cash (2,128) (10,728) 10,758
Cash and restricted cash, beginning of period 96,274 107,002 96,244
Cash and restricted cash, end of period 94,146 96,274 107,002
Parent Company      
Cash flows from operating activities:      
Net cash provided by (used in) operating activities (1) (13,741) 143,664 254,698
Cash flows from investing activities:      
Proceeds from sales of Fixed-maturity investments available-for-sale 304,737 296,171 6,779
Proceeds from sales of Trading securities 0 56,787 0
Proceeds from sales of Equity securities 13,401 16,916 0
Proceeds from redemptions of Fixed-maturity investments available for sale 238,161 149,767 12,391
Proceeds from redemptions of Trading securities 0 114 0
Purchases of Fixed-maturity investments available for sale (691,874) (293,284) (37,552)
Sales, redemptions and (purchases) of Short-term investments, net (53,024) 157,045 (131,164)
Sales, redemptions and (purchases) of Other assets, net (6,068) (6,958) (3,317)
Capital distributions from subsidiaries 19,000 6,000 0
Capital contributions to subsidiaries (5,050) (65,879) (30,338)
Net cash provided by (used in) investing activities (180,717) 316,679 (183,201)
Cash flows from financing activities:      
Dividends and dividend equivalents paid (97,458) (2,061) (2,140)
Issuance of senior notes, net 515,567 442,439 0
Repayments and repurchases of senior notes 0 (610,763) 0
Issuance of common stock 1,553 2,416 1,385
Repurchases of common shares (226,305) (300,201) (50,053)
Proceeds from (Payments for) Other Financing Activities (2,292) (989) (1,510)
Net cash provided by (used in) financing activities 191,065 (469,159) (52,318)
Effect of exchange rate changes on cash and restricted cash 0 (2) 0
Increase (decrease) in cash and restricted cash (3,393) (8,818) 19,179
Cash and restricted cash, beginning of period 23,534 32,352 13,173
Cash and restricted cash, end of period 20,141 23,534 32,352
Cash Distributions Received From Consolidated Subsidiaries 1,700 26,600 55,400
Dividends Received From Consolidated Subsidiaries $ 484,100 $ 362,400 $ 394,600