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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES    
Net income (loss) $ 1,306,997 $ (814,881)
Adjustments to reconcile net income (loss) to net cash provided by operating activities 657,280 2,695,153
Net Cash Provided By Operating Activities 1,964,277 1,880,272 Close
INVESTING ACTIVITIES    
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities 1,359,948 557,742
Cost of fixed maturity securities purchased (2,661,587) (1,433,299)
Proceeds from sales of equity securities 179,665 164,277
Cost of equity securities purchased (448,388) (293,011)
Net change in short-term investments 487,839 (625,261)
Cost of equity method and other investments purchased (159,591) (18,782)
Additions to property and equipment (155,088) (209,282)
Consolidation of Markel CATCo Re, net 0 629,955
Distributions to Markel CATCo Re noncontrolling interests for buy-out transaction 0 (169,380)
Proceeds from sales of subsidiaries, net 41,302 109,505
Other 13,267 4,211
Net Cash Used By Investing Activities (1,342,633) (1,283,325) Close
FINANCING ACTIVITIES    
Additions to senior long-term debt and other debt 475,964 757,941
Repayment of senior long-term debt and other debt (811,857) (982,852)
Repurchases of common stock (269,593) (208,090)
Dividends paid on preferred stock (18,000) (18,000)
Redemption of Markel CATCo Re noncontrolling interests (88,997) 0
Purchase of noncontrolling interests (54,371) (30)
Other (32,434) (40,023)
Net Cash Used By Financing Activities (799,288) (491,054) Close
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents 993 (190,972) Close
Increase in cash, cash equivalents, restricted cash and restricted cash equivalents (176,651) (85,079) Close
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 5,221,513 4,880,947
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD $ 5,044,862 $ 4,795,868