XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES:    
Net premiums written $ 1,709,601 $ 1,665,338
Change in net unearned premiums (116,745) (97,930)
Net premiums earned 1,592,856 1,567,408
Net investment income 158,254 174,518
Net realized and unrealized gains on investments 68,653 48,464
Revenues from non-insurance businesses 91,827 70,171
Insurance service fees 25,312 30,675
Other income 120 11
Total revenues 1,937,022 1,891,247
OPERATING COSTS AND EXPENSES:    
Losses and loss expenses 988,650 963,219
Other operating costs and expenses 588,087 610,439
Expenses from non-insurance businesses 90,125 69,543
Interest expense 40,721 37,056
Total operating costs and expenses 1,707,583 1,680,257
Income before income taxes 229,439 210,990
Income tax expense (47,825) (43,417)
Net income before noncontrolling interests 181,614 167,573
Noncontrolling interests (892) (1,177)
Net income to common stockholders $ 180,722 $ 166,396
NET INCOME PER SHARE:    
Basic (in dollar per share) $ 0.95 $ 0.88
Diluted (in dollar per share) $ 0.94 $ 0.87