7Baggers
Quarterly
Annual
    Unit: USD2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-03-31 2007-03-31 
      
    		                                                           
      operating activities:
    		                                                           
      net income
    		59,000,000 161,000,000 136,000,000 128,000,000                                                        
      adjustments to reconcile net income to cash flows from operating activities:
    		                                                           
      realized losses on investments
    		2,000,000  9,000,000 6,000,000 -340,000,000 14,000,000 -17,000,000 36,000,000                                                    
      fair value changes in trading securities, funds held and other investments
    		-43,000,000 -229,000,000 -86,000,000 -85,000,000                                                        
      amortization of net deferred charge assets
    		30,000,000 27,000,000 29,000,000 30,000,000 31,000,000 34,000,000 24,000,000 17,000,000                                                    
      depreciation, accretion and other amortization
    		-2,000,000 -1,000,000 -2,000,000 -5,000,000                                                        
      (income) income from equity method investments
    		-4,000,000                                                           
      other adjustments
    		 -8,000,000 15,000,000 -3,000,000 16,000,000 -1,000,000 16,000,000 -26,000,000                                                    
      changes in:
    		                                                           
      reinsurance balances recoverable on paid and unpaid losses
    		-4,000,000 50,000,000 119,000,000 57,000,000 -3,000,000 141,000,000 68,000,000 -64,000,000 96,000,000 90,000,000 143,000,000 6,264,000 73,603,000 38,392,000 -214,262,000 181,462,000 26,967,000 57,860,000                                          
      losses and loss adjustment expenses
    		-325,000,000 15,000,000 -364,000,000 -803,000,000 -614,000,000 -869,000,000 1,423,000,000 -564,000,000 -754,000,000 1,198,000,000 -728,000,000 17,952,000 1,610,284,000 836,782,000 305,004,000 -43,584,000 724,283,000 16,817,000 207,867,000 -261,040,000 685,834,000 -105,907,000 -377,900,000 1,587,609,000 -227,732,000 -55,957,000 -122,512,000 1,769,233,000 1,038,630,000 -399,180,000 -214,644,000 -165,467,000 -712,532,000 -119,079,000 -154,572,000 -34,221,000 -336,846,000 -266,460,000 -182,971,000 -180,986,000 -392,018,000 -111,391,000 -103,501,000 -99,970,000 22,342,000 -172,840,000 -327,022,000 -145,654,000 -464,373,000 -168,811,000 -132,429,000 90,505,000 145,230,000 -321,198,000 -118,622,000 -56,682,000 -7,876,000 520,829,000 -18,346,000 
      defendant asbestos and environmental liabilities
    		-16,000,000 -18,000,000 -15,000,000 -11,000,000 -5,000,000 -15,000,000 -9,000,000 -11,000,000 -3,000,000 -11,000,000 -7,000,000 -17,998,000 -13,638,000 -14,772,000 -47,708,000 -54,025,000 -14,654,000 -24,969,000                                          
      insurance and reinsurance balances payable
    		 16,000,000 -75,000,000 64,000,000 -187,000,000 133,000,000 22,000,000 9,000,000 -50,000,000 -60,000,000 12,000,000 -93,814,000 -26,275,000 120,513,000 -85,713,000 19,472,000 74,193,000 78,693,000 -48,737,000 -28,731,000 67,653,000 27,064,000 -2,089,000 119,830,000 -17,385,000 -216,246,000 39,382,000 36,508,000 125,480,000 -46,438,000 31,266,000 10,207,000 -82,003,000 26,690,000 13,273,000 20,555,000 -109,553,000 49,930,000 -70,134,000 -57,421,000 -134,259,000 -11,171,000 -18,393,000 -2,073,000                
      other operating assets and liabilities
    		50,000,000 185,000,000 -188,000,000 16,000,000 -182,000,000 -2,000,000 -124,000,000 -45,000,000 -4,000,000 -69,000,000 -117,000,000 -130,757,000 -35,875,000 -219,133,000 201,915,000 155,235,000 154,376,000 -122,039,000 -32,615,000 -18,524,000 19,441,000 48,935,000 -219,087,000 -200,224,000 45,303,000 214,467,000 -7,447,000 8,345,000 -275,285,000 255,218,000 -89,613,000 -41,388,000 126,811,000                           
      funds held
    		320,000,000 237,000,000 97,000,000 367,000,000                                                        
      cash from operating activities:
    		                                                           
      sales and maturities of trading securities
    		89,000,000 147,000,000 268,000,000 177,000,000 83,000,000 561,000,000 514,000,000 372,000,000 932,000,000 1,413,000,000 779,000,000 2,022,623,000 2,651,704,000 615,466,000 1,013,090,000 613,150,000 1,365,212,000 800,631,000 1,706,363,000 1,299,041,000 1,486,423,000 1,397,178,000 1,118,803,000 864,352,000 1,631,439,000 1,886,057,000 1,148,579,000 1,076,770,000 1,108,228,000 631,764,000 1,011,206,000 655,590,000 1,223,013,000 1,020,791,000 742,371,000 926,919,000 672,180,000 602,710,000 1,062,912,000 636,516,000 616,568,000 620,312,000 648,966,000 793,980,000 759,357,000 583,364,000 570,845,000 555,018,000 470,512,000 362,164,000 256,488,000 374,473,000        
      purchases of trading securities
    		-13,000,000 -16,000,000 -51,000,000 -111,000,000    -62,000,000 -131,000,000 -450,000,000 -970,000,000 -665,001,000 -1,397,363,000 -634,492,000 -608,209,000 -355,198,000 -891,132,000 -284,860,000 -1,229,724,000 -1,453,552,000 -1,379,411,000 -1,247,012,000 -1,162,477,000 -1,672,449,000 -1,412,385,000 -1,994,815,000 -1,341,623,000 -2,275,239,000 -828,588,000 -656,628,000 -882,484,000 -732,815,000 -1,074,533,000 -889,984,000 -1,111,743,000 -1,187,652,000 -501,740,000 -396,936,000 -630,302,000 -558,633,000 -456,393,000 -729,667,000 -737,342,000 -790,179,000 -610,911,000 -688,677,000 -711,691,000 -607,978,000 -622,732,000 -555,322,000 -325,892,000 -654,563,000 -127,351,000       
      net cash flows from operating activities
    		143,000,000 628,000,000 -100,000,000 -168,000,000 220,000,000 -134,000,000 367,000,000 70,000,000 457,000,000 526,000,000 -643,000,000 1,502,887,000 1,546,156,000 808,860,000 682,336,000 1,254,869,000 691,049,000 158,112,000 544,563,000 -11,467,000 107,138,000           -162,088,000 -201,907,000 -59,406,000   59,794,000 113,628,000 355,269,000 -31,072,000    10,592,000         -142,890,000 -222,315,000 -4,871,000 26,045,000 3,086,000 374,388,000 123,635,000 
      investing activities:
    		                                                           
      sales and maturities of available-for-sale securities
    		618,000,000 506,000,000 452,000,000 529,000,000 561,000,000 375,000,000 460,000,000 736,000,000 481,000,000 310,000,000 913,000,000 1,027,809,000 661,246,000 834,672,000 585,746,000 517,014,000 691,721,000 465,065,000 14,776,000 84,697,000 5,839,000 4,777,000 21,412,000 22,700,000 26,157,000 14,270,000 21,208,000 24,724,000 16,731,000 9,422,000 29,597,000 25,846,000 29,696,000 15,395,000 48,492,000 49,241,000 11,866,000 19,347,000 19,729,000 59,238,000 15,441,000 20,923,000 100,512,000 59,631,000 57,376,000 112,928,000 93,333,000 90,276,000 112,492,000 70,583,000 160,868,000 101,109,000 40,993,000 198,402,000 241,790,000 151,231,000 96,757,000 21,089,000 113,084,000 
      purchase of available-for-sale securities
    		-975,000,000 -720,000,000 -368,000,000 -345,000,000 -370,000,000 -386,000,000 -614,000,000 -589,000,000 -457,000,000 -446,000,000 -811,000,000 -891,623,000 -1,575,763,000 -1,875,753,000 -1,055,709,000 -1,366,161,000 -980,872,000 -778,151,000 -370,317,000 0 -147,000 -1,159,000 -4,187,000 -5,039,000 -12,283,000 -2,403,000 7,026,000 -7,188,000 297,000 -5,067,000 -44,216,000 -3,582,000 -37,178,000 -16,488,000 -24,064,000 -24,484,000 -20,302,000 -26,297,000 -17,718,000 -53,307,000              21,419,000 -6,423,000 -19,534,000 -218,353,000 -163,267,000 -33,231,000 
      purchase of other investments
    		-166,000,000 -327,000,000 -102,000,000 -244,000,000 -301,000,000 -232,000,000 -255,000,000 -123,000,000 -212,000,000 -455,000,000 -712,000,000 -314,610,000 -131,408,000 -176,021,000 -162,438,000 -155,829,000 -495,943,000 -160,814,000 -447,288,000 -60,224,000 -225,961,000 -321,980,000 -186,474,000 -275,862,000 -11,682,000 -30,687,000 -29,279,000 -38,237,000 -21,796,000 -29,131,000 -22,393,000 -17,773,000 -166,020,000 -55,753,000 -54,516,000 -78,895,000                        
      proceeds from other investments
    		202,000,000 205,000,000 107,000,000 161,000,000 106,000,000 71,000,000 284,000,000 69,000,000 54,000,000 136,000,000 129,000,000 118,209,000 73,709,000 62,025,000 312,346,000 145,738,000 50,872,000 85,720,000 375,524,000 26,868,000 58,980,000                                       
      other
    		 0 0 1,000,000     12,000,000 14,000,000 3,000,000                                                 
      net cash flows from investing activities
    		-321,000,000  109,000,000 102,000,000    94,000,000              -306,351,000 125,228,000 -230,229,000 129,058,000 43,008,000 77,552,000 43,644,000 -64,429,000 39,814,000 78,398,000 102,926,000 135,033,000 91,881,000 115,205,000 144,948,000     -102,220,000 -8,680,000   31,218,000 50,510,000 171,937,000 -25,034,000 195,960,000 109,870,000 201,664,000 184,429,000  262,654,000    -243,151,000 77,127,000 
      financing activities:
    		                                                           
      dividends on preferred shares
    		-9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -9,000,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -8,925,000 -9,139,000                                       
      issuance of debt, net of issuance costs
    		345,000,000        0 1,000,000 493,000,000                                                 
      repayment of debt
    		-233,000,000        0 0 -280,000,000                                                 
      net cash flows from financing activities
    		103,000,000      -184,000,000 -349,000,000  -129,000,000 162,000,000 -636,226,000 -16,767,000 -23,150,000 -85,217,000 -117,001,000 -8,925,000 328,549,000 -296,127,000 372,908,000 232,861,000 -50,200,000 -26,973,000 212,511,000   -122,958,000 56,100,000 115,643,000 -45,750,000 34,048,000 -20,500,000 -129,000,000 -79,328,000 228,675,000 109,000,000 -6,084,000 -79,434,000 -78,696,000 295,800,000 157,041,000 40,775,000 0 225,260,000 -91,677,000 0   102,914,000 106,718,000    -71,457,000 -53,693,000 -55,425,000 -19,109,000 354,222,000 9,601,000 
      effect of exchange rate changes on foreign currency cash and cash equivalents and restricted cash
    		2,000,000                                                           
      net decrease in cash and cash equivalents and restricted cash
    		-73,000,000                                                           
      cash, cash equivalents and restricted cash, beginning of period
    		1,554,000,000 0 0 830,000,000  0 0 1,330,000,000 0 0 2,092,000,000                                                 
      cash, cash equivalents and restricted cash, end of period
    		1,481,000,000 284,000,000 -8,000,000 760,000,000  -302,000,000 43,000,000 1,143,000,000 271,000,000 -49,000,000 1,135,000,000                                                 
      realized (gains) losses on investments
    		                                                           
      goodwill impairment
    		                                                           
      net gain on enhanzed re novation
    		    0 0 0 -275,000,000                                                    
      loss (income) from equity method investments
    		 16,000,000 8,000,000 5,000,000                                                        
      cash consideration for the enhanzed re novation
    		    0 0 0 94,000,000                                                    
      proceeds from the sale of equity method investments
    		 0                                                          
      net cash flows used in investing activities
    		    45,000,000 -162,000,000   -130,000,000 -453,000,000 -481,000,000 -265,596,000 -397,801,000 -1,387,346,000 -324,402,000 -854,895,000 -767,959,000 -388,180,000 -425,237,000 19,204,000 -173,007,000                 -126,364,000 105,465,000 -263,779,000    -270,675,000         -75,209,000    -283,098,000   
      repurchase of shares
    		    -191,000,000 0 0 -340,000,000 0 -121,000,000 -42,000,000 -878,640,000 -7,208,000 -4,225,000 -616,000 -12,864,000 0 -12,526,000                                         -16,762,000 
      acquisition of noncontrolling interest
    		 0                                                          
      net cash flows used in financing activities
    		 -9,000,000 -16,000,000 -8,000,000                                            -11,250,000    -56,700,000 -6,010,000       
      effect of exchange rate changes on foreign currency cash and cash equivalents
    		 1,000,000 -1,000,000 4,000,000  3,000,000 -15,000,000 -2,000,000 8,000,000 7,000,000 5,000,000 1,336,000 1,514,000 1,013,000  -2,799,000 -2,191,000 6,717,000 -6,071,000 -2,511,000 -3,925,000 -2,538,000 -12,289,000 15,059,000  5,656,000 10,911,000 -10,275,000  -4,034,000 -3,409,000 3,790,000   9,218,000 -15,444,000 -4,503,000 -14,370,000 294,000 1,033,000 5,247,000 -14,255,000 -17,230,000 20,289,000                
      net increase in cash and cash equivalents
    		        271,000,000   602,401,000 1,133,102,000 -600,623,000  259,439,000 -88,026,000 105,198,000 -182,872,000 378,134,000 163,067,000         -31,807,000 54,793,000 -75,872,000 -204,127,000 -50,907,000 94,458,000 19,099,000 41,787,000 -106,540,000 382,332,000 1,982,000                  485,458,000 210,409,000 
      cash from/(to) operating activities:
    		                                                           
      dividends paid to redeemable noncontrolling interest
    		                                                           
      net decrease in cash and cash equivalents
    		  -8,000,000 -70,000,000  -302,000,000 43,000,000 -187,000,000   -957,000,000           -155,584,000 47,630,000 -76,873,000  -161,714,000 -202,905,000 -4,670,000              -96,337,000 -23,459,000 -14,534,000  -28,528,000 -119,932,000 -57,659,000  2,853,000 129,338,000 -168,768,000 -204,520,000       
      cash from/to operating activities:
    		                                                           
      other investing activities
    		   1,000,000 1,000,000 10,000,000 0 1,000,000 4,000,000   197,000   -2,700,000 4,580,000   -731,000 -1,768,000 -1,956,000 -314,000 -3,537,000 -4,304,000 -6,786,000 -7,123,000 -4,727,000 -4,981,000 -5,148,000 -1,096,000 -378,000 -1,219,000 1,429,000 -933,000 -1,783,000 -233,000 -205,000 846,000 226,000 -235,000 2,117,000 -283,000 178,000 120,000 -153,000 -182,000 -21,000 -433,000 3,313,000 15,000 -154,000 -143,000 -2,000 -392,000 -346,000 -1,237,000 -477,000 -37,000 -127,000 
      cash flows from operating activities:
    		                                                           
      unrealized (gains) losses on investments
    		    86,000,000 -20,000,000 44,000,000 -224,000,000                                                    
      depreciation and other amortization
    		    8,000,000 -4,000,000 0 3,000,000 7,000,000 14,000,000 17,000,000 18,397,000 20,227,000 17,778,000 17,360,000 12,204,000 18,613,000 11,393,000 8,851,000 8,048,000 7,900,000 7,683,000 10,890,000 6,703,000 3,536,000 10,128,000 9,495,000 9,302,000 -511,000 11,129,000 10,691,000 13,629,000 12,500,000                           
      (income) losses from equity method investments
    		                                                           
      payments to cover securities sold short
    		           -331,278,000                                                
      proceeds from securities sold short
    		           215,685,000                                                
      net payments for derivative contracts
    		           11,641,000                                                
      net gain on purchase and sales of subsidiaries
    		                                                           
      cash flows from investing activities:
    		                                                           
      acquisition, net of cash acquired
    		                                                          22,899,000 
      sales of subsidiaries, net of cash previously held
    		                                                           
      sale of equity method investments
    		                                                           
      consolidation of the inre fund opening cash and restricted cash balances
    		           0                                                
      cash flows from financing activities:
    		                                                           
      dividends paid to noncontrolling interests
    		                                                           
      acquisition of noncontrolling and redeemable noncontrolling shareholders’ interests in subsidiaries
    		                                                           
      effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash
    		                                                           
      net increase in cash, cash equivalents and restricted cash
    		                                                           
      cash, cash equivalents and restricted cash, beginning of year
    		                                                           
      net change in cash of businesses held-for-sale
    		                                                           
      cash, cash equivalents and restricted cash, end of year
    		                                                           
      net earnings
    		     51,000,000 39,000,000 519,000,000 -478,000,000 -526,000,000 -262,000,000 -187,622,000 389,306,000 202,913,000 834,655,000 645,850,000 787,486,000 -540,618,000 126,559,000 238,054,000 365,742,000 -22,321,000 -145,000 -40,428,000 133,805,000 24,161,000 101,728,000 72,105,000 29,650,000 170,377,000 49,781,000 54,605,000 92,641,000 46,001,000 18,207,000 53,492,000 118,318,000 21,197,000 54,309,000 33,412,000 142,183,000 43,456,000 25,198,000 12,985,000 79,770,000 55,493,000 40,849,000 15,407,000 166,322,000 22,048,000 15,014,000 5,074,000 17,616,000 101,421,000 45,468,000 19,280,000 10,839,000 11,687,000 13,374,000 
      adjustments to reconcile net earnings to cash flows from operating activities:
    		                                                           
      earnings from equity method investments
    		     3,000,000 -14,000,000 -11,000,000 20,000,000 -1,000,000 -31,000,000 14,147,000 3,059,000 -118,031,000 -85,844,000 -149,065,000 8,790,000 -12,450,000 -17,703,000 -17,713,000 -8,772,000                                       
      purchases of trading securities and funds held - directly managed
    		     -394,000,000                                                      
      funds held by reinsured companies
    		     234,000,000 153,000,000 302,000,000 228,000,000 -1,715,000,000 100,000,000 5,588,000 -1,539,313,000 -26,826,000 19,537,000 779,014,000 -572,217,000 -418,647,000 -3,762,000 530,231,000 -598,471,000 18,117,000 502,362,000 -636,367,000 -71,600,000 5,942,000 8,350,000 -221,277,000 -1,017,566,000 50,204,000 4,238,000 -4,255,000 9,569,000 4,247,000 2,221,000 18,552,000 15,672,000 -3,472,000 65,404,000 36,167,000                    
      acquisition of noncontrolling shareholders’ interest in subsidiary
    		     0                                                      
      realized losses (gains) on sales of investments
    		                                                           
      unrealized losses (gains) on investments
    		        546,000,000         636,394,000 -116,999,000 -243,587,000 -460,521,000 46,781,000 37,689,000 106,128,000        -39,381,000                            
      net gain on sales of subsidiaries
    		                                                           
      variable interest entity assets and liabilities of the inre fund
    		           347,262,000                                                
      net change in cash of businesses held for sale
    		           0 0 223,200,000                                              
      realized losses on sales of investments
    		         38,000,000 37,000,000                                                 
      supplemental cash flow information:
    		                                                           
      unrealized losses on investments
    		          381,000,000   26,927,000                                              
      income taxes paid, net of refunds
    		          4,000,000 2,183,000 3,582,000 1,564,000 9,159,000 420,000 8,854,000 6,596,000 -792,000 564,000 9,000 2,340,000 11,467,000 2,461,000 2,085,000 4,569,000 2,621,000 3,917,000 4,698,000 1,688,000 5,143,000 10,687,000 8,186,000                           
      interest paid
    		          24,000,000 19,582,000 12,311,000 19,097,000 13,500,000 10,492,000 17,036,000 9,747,000 12,496,000 7,031,000 14,215,000 8,371,000 5,717,000 10,530,000 3,444,000 9,084,000 2,574,000 6,385,000 5,116,000 3,757,000 6,044,000 4,534,000 5,940,000 5,503,000 3,949,000 4,003,000 2,541,000 3,353,000 4,307,000 5,929,000 1,788,000 3,509,000 2,209,000 1,608,000 3,599,000 867,000 2,972,000 1,717,000 589,000 2,511,000 1,617,000 2,231,000 3,687,000 1,149,000 3,805,000 10,127,000 -3,235,000 -1,609,000  
      reconciliation to condensed consolidated balance sheets:
    		                                                           
      cash and cash equivalents
    		          763,000,000 817,799,000 207,031,000 562,328,000 260,551,000 -11,254,000 -164,023,000 815,878,000 -240,877,000 355,435,000 718,050,000 -266,290,000 166,882,000 652,827,000 330,699,000 -56,617,000 -240,494,000 921,562,000                                
      restricted cash and cash equivalents
    		          372,000,000 90,634,000 -76,466,000 433,365,000 -84,757,000 220,055,000 -8,431,000 345,097,000 58,005,000 22,699,000 427,601,000 110,706,000 -119,252,000 483,136,000 -67,219,000 -98,778,000                                  
      cash, cash equivalents and restricted cash
    		          1,135,000,000 602,401,000 1,133,102,000 995,693,000 175,794,000 208,801,000 -172,454,000 1,160,975,000 -182,872,000 378,134,000 1,145,651,000 -155,584,000 47,630,000 1,135,963,000 263,480,000 -155,395,000 -209,224,000 1,313,975,000                                
      net earnings from discontinued operations, net of income taxes
    		              -15,441,000                                             
      realized gains on sales of investments
    		           -315,770,000                                                
      premiums receivable
    		           47,929,000 40,963,000 -17,487,000 42,276,000 30,989,000 4,528,000 -54,467,000 73,774,000 68,682,000 67,489,000                                       
      sales of subsidiaries, net of cash sold
    		           0                                                
      purchase of equity method investments
    		              0 0   2,799,000 -31,440,000 -9,762,000                                       
      dividends paid to noncontrolling interest
    		           0       0      0 0       -16,128,000 6,700,000   -4,200,000    -2,168,000 0 0 -1,740,000 -50,002,000 0 -7,735,000 -11,250,000     -6,010,000       
      receipt of loans
    		           795,895,000 0 20,000,000 -276,000 494,788,000 0 364,000,000 20,002,000 706,806,000 344,000,000 66,953,000 28,669,000 345,400,000 340,000,000 45,000,000 52,000,000 437,100,000 417,000,000 0   120,000,000 163,000,000 265,700,000 109,000,000 0 0 0 70,000,000 95,000,000 47,800,000 0 227,000,000     0 106,500,000        307,813,000 26,825,000 
      repayment of loans
    		           -544,556,000 0 -30,000,000 -75,000,000 -590,000,000 0 -14,000,000 -307,204,000 -313,370,000 -102,000,000 -111,757,000 -445,124,000 -132,938,000 -347,937,000 -35,703,000 -147,500,000 -381,000,000 -307,000,000 -45,750,000 -120,000,000 -20,500,000 -249,000,000 -82,500,000   0 -65,995,000 -98,250,000 -35,000,000 0    -18,666,000 0   -70,442,000 0 -166,516,000 -40,500,000  -65,645,000 -40,274,000   -39,800,000 -462,000 
      discontinued operations cash flows:
    		                                                           
      net cash flows from discontinued operations
    		              -1,261,000                                             
      cash and cash equivalents, beginning of period
    		           0 0 1,373,116,000  0 -84,428,000 1,055,777,000 0 0 982,584,000 0 0 1,212,836,000  0 0 1,318,645,000  0 0 821,925,000  0 0 963,402,000  0 0 643,841,000  0 0 654,890,000  0 0 850,474,000  0 0 799,154,000 1,266,445,000  0 0 1,866,546,000 995,237,000 450,817,000 
      cash and cash equivalents, end of period
    		           602,401,000 1,133,102,000 995,693,000  208,801,000 -172,454,000 1,160,975,000 -182,872,000 378,134,000 1,145,651,000 -155,584,000 47,630,000 1,135,963,000  -155,395,000 -209,224,000 1,313,975,000  -31,807,000 54,793,000 746,053,000  -50,907,000 94,458,000 982,501,000  -106,540,000 382,332,000 645,823,000  -96,337,000 -23,459,000 640,356,000  -28,528,000 -119,932,000 792,815,000  2,853,000 129,338,000 630,386,000 1,061,925,000  -248,081,000 -15,887,000 1,564,053,000 1,480,695,000 661,226,000 
      cash and restricted cash and cash equivalents of the inre fund
    		           -306,032,000                                                
      net income from discontinued operations, net of income taxes
    		                                                           
      unrealized gains on investments
    		               -446,517,000                                            
      other non-cash items
    		            8,411,000 1,863,000 2,395,000 9,765,000 8,322,000 2,760,000 7,911,000 13,500,000 4,687,000 2,352,000 4,263,000 6,363,000 4,946,000 5,192,000 4,127,000 1,225,000 3,359,000 1,396,000 2,758,000 1,053,000 -145,000                           
      dividends from equity method investments
    		                                                           
      realized gains on sale of investments
    		             -6,139,000  -53,488,000 -59,488,000 -1,918,000                                          
      net gain on sale of subsidiaries
    		             -14,894,000                                              
      sale of subsidiaries, net of cash sold
    		             -232,269,000                                              
      reconciliation to consolidated balance sheets:
    		                                                           
      realized losses (gains) on sale of investments
    		                  -31,186,000 -26,124,000 -270,000 8,133,000 1,587,000 6,074,000        1,417,000                            
      acquisitions, net of cash acquired
    		                  0   -3,340,000   -3,515,000    -28,378,000 0   53,479,000 0 -84,089,000 140,458,000 0 0   -100,850,000 -24,750,000 0 -283,960,000     0 -80,556,000 0 -7,949,000 157,184,000 59,300,000 0 0 8,504,000 7,067,000  
      sale of equity method investment
    		                                                           
      net proceeds from the issuance of preferred shares
    		                                                           
      (purchase) contribution by noncontrolling interest
    		                                                           
      contribution by redeemable noncontrolling interest
    		                                0 0   313,000 18,087,000 -6,165,000 260,800,000                    
      contribution of capital to discontinued operations
    		                                                           
      unearned premiums
    		               -86,364,000 -33,916,000 13,532,000 -84,478,000 -60,583,000 108,424,000 -11,022,000 41,876,000 128,973,000 14,524,000 -19,409,000 9,132,000 30,607,000 -1,100,000 -27,418,000 9,518,000 24,682,000 -6,652,000 -39,901,000 -11,536,000 38,041,000                        
      purchase of noncontrolling shareholders' interest in subsidiaries
    		                  0                                         
      net income (earnings) income from discontinued operations, net of income taxes
    		                                                           
      reinsurance balances recoverable
    		                  -22,680,000 42,729,000 -256,706,000 34,393,000 7,971,000 -347,798,000 97,797,000 -57,923,000 -29,792,000 -540,939,000 -221,220,000 66,416,000 60,342,000 72,596,000 150,915,000 41,259,000 173,710,000 36,691,000 146,845,000 47,345,000 132,421,000 107,994,000 217,500,000 152,605,000 10,552,000 49,885,000 123,366,000 160,858,000              
      policy benefits for life and annuity contracts
    		                  1,122,000 -101,898,000 -2,304,000 -869,000 -2,079,000 -2,980,000 -3,484,000 106,000 2,036,000 -1,972,000 17,819,000 -7,975,000 -9,413,000 -11,468,000 -595,000 -9,815,000 -4,425,000 -9,603,000 -7,779,000 -13,213,000 -13,408,000 -17,836,000 -15,047,000 -16,149,000                  
      issuance of preferred shares, net of issuance costs
    		                     -263,000                                      
      contribution by noncontrolling interest
    		                     0 0 49,000 0        0 0   -313,000 -17,618,000                      
      net income from discontinued operations
    		                                                           
      adjustments to reconcile net earnings (losses) to cash flows used in operating activities:
    		                                                           
      net change in trading securities held on behalf of policyholders
    		                        0 0 25,514,000 83,000 -8,000 -280,000 97,000 -1,093,000 1,211,000                           
      net income on sale of subsidiary
    		                        0 6,740,000                                  
      sale of subsidiary, net of cash sold
    		                        106,921,000                                   
      redemption of other investments
    		                     15,665,000 292,357,000 32,276,000 30,246,000 49,931,000 83,324,000 69,326,000 89,649,000 30,320,000 30,264,000 94,836,000 106,256,000 20,317,000 28,533,000 13,882,000 73,977,000 20,015,000 7,709,000 2,983,000                    
      net cash flows used in operating activities
    		                      -38,336,000 -74,214,000 139,139,000 -219,697,000 -168,410,000 -94,139,000  -21,837,000      -219,405,000     63,213,000 -114,177,000   68,779,000 -69,574,000 -172,508,000 -14,047,000 -226,380,000 -210,799,000 -182,387,000 -290,354,000        
      change in cash of businesses held for sale
    		                                                           
      net earnings from discontinued operations
    		                           -371,000                                
      net (earnings) income from discontinued operations
    		                                                           
      purchase of noncontrolling interest
    		                                0                           
      net incomees (earnings) from discontinued operations
    		                         -3,495,000                                  
      adjustments to reconcile net earnings to cash flows used in operating activities:
    		                                                           
      net realized gains on sale of investments
    		                                                           
      net unrealized gains on investments
    		                                                           
      net realized (gains) losses on sale of investments
    		                          8,178,000 -8,252,000                                
      net unrealized (gains) on investments
    		                          -38,037,000 -50,267,000                                
      restricted cash and cash
    		                           392,413,000                                
      distribution of capital to noncontrolling interest
    		                                    -1,884,000 0       -23,009,000 0   0 0 0 -16,200,000   -13,419,000 0 -19,759,000   
      net unrealized (gains) losses on investments
    		                                                           
      maturities of held-to-maturity securities
    		                             5,542,000 15,031,000 271,000 5,038,000 1,274,000 7,000 5,239,000 31,203,000 5,166,000 50,000 261,000 18,196,000 116,000                  
      movement in restricted cash and cash equivalents
    		                             29,824,000 60,569,000 4,547,000 142,333,000 128,069,000 202,625,000 39,740,000 -32,572,000 12,056,000 115,480,000 -209,502,000 8,002,000 20,457,000 -60,343,000 -46,754,000 -10,854,000 -5,695,000 162,631,000 -72,856,000 79,239,000 67,560,000 58,024,000 85,384,000 -55,479,000 24,596,000 10,730,000 -47,846,000 -72,485,000 -149,595,000 -43,119,000 
      purchase of held-to-maturity securities
    		                                                    -381,817,000 -176,533,000 -464,145,000 -114,104,000 -118,897,000   
      cash and cash equivalents, beginning of year
    		                                                           
      cash and cash equivalents, end of year
    		                                                           
      net realized and unrealized investment losses
    		                                 10,092,000        -16,885,000                  
      net realized and unrealized gains from other investments
    		                                 5,038,000 -11,056,000 -23,562,000 -3,829,000 8,249,000 -17,391,000 -16,997,000 -20,256,000 -20,125,000 -10,091,000 -19,991,000                
      effect of exchange rate changes on foreign currency
    		                                                           
      supplemental cash flow information
    		                                                           
      other items
    		                                  2,780,000 2,773,000 -4,351,000 2,925,000 1,476,000 -1,318,000 7,620,000 1,481,000 702,000 1,473,000 -4,061,000 1,542,000 101,000 1,653,000 -3,886,000 3,051,000 3,692,000 -1,339,000 -1,878,000 2,202,000 182,000 -1,169,000 5,550,000 1,723,000 1,174,000 
      depreciation and amortization
    		                                  1,323,000 1,421,000 2,710,000 1,063,000 1,808,000 211,000 294,000 256,000 251,000 254,000 465,000 373,000 314,000 317,000 399,000 423,000 387,000 384,000 335,000 375,000 272,000 281,000 210,000 191,000  
      net amortization of premiums and discounts
    		                                  12,915,000 12,603,000    12,462,000                    
      net movement of trading securities held on behalf of policyholders
    		                                  148,000 1,580,000 1,243,000 3,177,000 0 -164,000 1,298,000 91,000 450,000 1,646,000 8,696,000 4,212,000 6,056,000 5,261,000 -5,777,000 -1,487,000 -6,662,000 7,110,000 3,342,000       
      changes in assets and liabilities:
    		                                                           
      other assets
    		                                  -20,112,000 -93,123,000 17,199,000 89,477,000 -29,954,000 -18,970,000 -82,408,000 -28,634,000 183,128,000 83,091,000 -9,638,000 17,240,000 13,028,000 43,322,000 63,303,000 15,137,000 48,212,000 11,793,000 -18,204,000 -7,762,000 1,315,000 -3,115,000 8,685,000 -33,814,000 -692,000 
      accounts payable and accrued liabilities
    		                                  72,281,000 39,250,000 27,414,000 -3,846,000 -27,616,000 16,710,000 16,164,000 10,960,000 -20,066,000 -29,353,000 9,745,000 -30,624,000 24,793,000 -7,123,000 27,047,000 7,319,000 -1,402,000 -51,265,000 -17,638,000 -41,070,000 47,359,000 13,671,000 -8,532,000 -4,198,000  
      other liabilities
    		                                  -6,730,000 -3,663,000 8,964,000 -52,949,000 14,053,000 -4,643,000 72,792,000 -22,984,000 -93,326,000 11,520,000 -1,629,000 1,018,000 -17,918,000 27,647,000 -18,711,000 -17,940,000 -70,985,000 26,048,000 -12,744,000 25,771,000 1,474,000 19,168,000 2,273,000 32,686,000 13,522,000 
      net income taxes paid
    		                                  1,628,000 11,715,000 10,623,000 14,189,000 3,293,000 13,725,000 8,105,000 7,586,000 13,133,000 3,291,000 5,845,000 6,726,000   4,979,000 3,773,000 30,673,000 25,254,000 15,372,000       
      net realized and unrealized investment gains
    		                                   -19,458,000    -17,576,000    -11,189,000   808,000 -23,042,000           -576,000 
      net realized and unrealized investment (gains) losses
    		                                     10,087,000                      
      net amortization of premiums and accretion of discounts
    		                                     14,344,000                      
      funding of other investments
    		                                     -157,497,000 -57,551,000 -63,217,000  -43,687,000 -24,698,000 288,000 -15,151,000 -56,541,000 -84,109,000 -42,021,000 916,000 -2,122,000 -19,473,000 -4,108,000 -3,048,000 6,392,000 -928,000 -8,599,000 -14,728,000 -20,090,000  
      gain on bargain purchase
    		                                                0 0 0 -13,105,000        
      net proceeds from issuance of shares
    		                                                181,456,000 218,000          
      amortization of bond premiums and discounts
    		                                               8,915,000 8,368,000 7,851,000 4,328,000 4,538,000 780,000 266,000   2,513,000 -148,000  
      purchases of held-to-maturity securities
    		                                                           
      redemption of bond funds
    		                                             0   0 54,390,000 2,399,000 10,136,000        
      contribution to surplus of subsidiary by redeemable noncontrolling interest
    		                                                           
      net amortization of bond premiums and discounts
    		                                          14,748,000 8,513,000                
      share of undistributed net earnings of equity method investee
    		                                                           
      net realized and unrealized investment gains from other investments
    		                                                           
      share-based compensation expense
    		                                                         216,000 1,738,000 
      reinsurance balances payable
    		                                            -39,929,000 20,156,000 -11,871,000 -33,831,000 4,850,000 -22,271,000 32,667,000 -40,079,000 2,351,000 -29,232,000 -23,167,000 -4,836,000 28,967,000 14,419,000 -18,040,000 
      sales and maturities of held-to-maturity securities
    		                                                           
      sale of investment in partly owned company
    		                                                           
      contribution to surplus of subsidiary by noncontrolling interest
    		                                                           
      translation adjustment
    		                                            2,215,000 -9,464,000 11,485,000 -7,328,000 15,403,000 -2,936,000 3,224,000 -6,143,000 19,589,000 -2,522,000 20,732,000 42,614,000 -3,372,000 -1,000 46,000 
      amortization of premiums and discounts
    		                                             6,591,000              
      net gain from other investments
    		                                                           
      share of net gain from other investments
    		                                               -2,340,000 6,137,000 -468,000 -3,870,000 -2,993,000        
      reinsurance balances receivable
    		                                               148,381,000 150,529,000 128,527,000 3,329,000 -43,567,000 -149,686,000 46,658,000 42,150,000 32,044,000 -50,686,000 -160,775,000 29,363,000 
      net income taxes (recovered) paid
    		                                               -159,000            
      share of undistributed net earnings of partly owned company
    		                                                    -7,150,000       
      net realized and unrealized investment gain
    		                                                   -3,368,000      1,084,000  
      maturity of held-to-maturity securities
    		                                                    166,960,000 129,470,000 9,073,000 10,968,000 36,581,000 61,682,000 16,583,000 
      net realized and unrealized investment (gain) loss
    		                                                    -2,202,000 -2,255,000      
      negative goodwill
    		                                                         -35,196,000 -15,683,000 
      share of undistributed net (earnings) loss of partly owned company
    		                                                           
      share of net (gain) income from other investments
    		                                                    -7,797,000 -2,823,000      
      sales and maturity of held-to-maturity securities
    		                                                           
      purchase of investment in partly owned company
    		                                                           
      proceeds from issuance of ordinary shares
    		                                                           
      sales of trading securities
    		                                                    32,106,000      117,261,000 
      proceeds from exercise of stock options
    		                                                      0 2,146,000 650,000   
      income taxes paid
    		                                                      4,588,000     
      net realized and unrealized investment loss
    		                                                       -5,080,000 6,010,000   
      share of undistributed net income (earnings) of partly owned company
    		                                                           
      purchase of investments in partly owned company
    		                                                           
      distribution of capital and dividend to noncontrolling interest
    		                                                           
      supplement cash flow information
    		                                                           
      net income taxes (paid) recovered
    		                                                           
      share of undistributed net (earnings) of partly owned company
    		                                                      -196,000 0 -269,000   
      net movement of trading securities
    		                                                      4,719,000 10,857,000 3,302,000 -4,202,000  
      purchase of investment in partly-owned company
    		                                                           
      net (decrease)/increase in cash and cash equivalents
    		                                                      -248,081,000 -15,887,000 -302,493,000   
      share of net income from other investments
    		                                                       -642,000 2,100,000   
      amortization of bond premiums or discounts
    		                                                          -99,000 
      net cash flows (used in) investing activities
    		                                                           
      net income taxes
    		                                                        -5,322,000 -1,037,000  
      minority interest
    		                                                         3,376,000 2,248,000 
      share of undistributed net income (earnings) of partly owned companies
    		                                                           
      redemption of shares
    		                                                           
      distribution of capital to minority shareholders
    		                                                           
      contribution to surplus of subsidiary by minority interest
    		                                                         86,209,000  
      dividend paid
    		                                                           
      dividend paid to minority shareholders
    		                                                           
      share of net income (earnings) from other investments
    		                                                         26,510,000  
      share of net earnings of partly-owned company
    		                                                           
      amortization of deferred compensation
    		                                                           
      net realized and unrealized investments (gain) loss
    		                                                           
      share of net earnings of other investments
    		                                                           
      movement of trading securities
    		                                                           
      receipt of loan
    		                                                           
      repayment of loan
    		                                                           
      repayment of vendor loan note
    		                                                           
      income taxes (paid) recovered
    		                                                          -1,927,000 
      interest
    		                                                          -462,000 
      share of net earnings of partly-owned companies
    		                                                           
      net cash flows from (used in) financing activities
    		                                                           
      reclassification of deferred compensation
    		                                                           
      share of net earnings from other investments
    		                                                          -1,459,000 
      account payable and accrued liabilities
    		                                                          -150,000 
      net distribution from other investments
    		                                                          1,038,000 
      advance by minority shareholder of subsidiary
    		                                                           
      adjustments to reconcile net earnings to net cash flows from operating activities:
    		                                                           
      net realized investment losses
    		                                                           
      change in net unrealized holding losses on trading securities
    		                                                           
      proceeds on sale of trading securities
    		                                                           
      purchase of trading securities
    		                                                           
      net cash flows from (used in) operating activities
    		                                                           
      net cash flows from (used in) investing activities
    		                                                           
      dividend paid to minority interest
    		                                                           
      net income taxes recovered
    		                                                           
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.