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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
REVENUES:        
Net premiums written $ 1,642,569 $ 1,543,925 $ 3,306,291 $ 3,119,327
Change in net unearned premiums (82,776) (50,884) (219,163) (154,273)
Net premiums earned 1,559,793 1,493,041 3,087,128 2,965,054
Net investment income 129,049 127,583 259,182 251,822
Insurance service fees 36,939 35,942 77,301 72,460
Net realized investment gains 6,315 27,557 31,772 46,601
Marketable Securities, Realized Loss, Other than Temporary Impairments, Amount 0 0 (18,114) 0
Revenues from non-insurance businesses 123,764 105,596 225,544 198,202
Other income 54 46 312 305
Total revenues 1,855,914 1,789,765 3,663,125 3,534,444
OPERATING COSTS AND EXPENSES:        
Losses and loss expenses 964,162 906,235 1,886,483 1,806,943
Other operating costs and expenses 581,955 573,582 1,164,414 1,124,628
Expenses from non-insurance businesses 116,731 98,730 212,262 188,400
Interest expense 34,752 33,031 66,976 67,569
Total operating costs and expenses 1,697,600 1,611,578 3,330,135 3,187,540
Income before income taxes 158,314 178,187 332,990 346,904
Income tax expense (49,408) (55,138) (103,837) (105,411)
Net income before noncontrolling interests 108,906 123,049 229,153 241,493
Noncontrolling interests 61 (14) (676) (151)
Net income to common stockholders $ 108,967 $ 123,035 $ 228,477 $ 241,342
NET INCOME PER SHARE:        
Basic $ 0.89 $ 0.99 $ 1.86 $ 1.93
Diluted $ 0.85 $ 0.95 $ 1.78 $ 1.84