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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial Information Of Company Operating Segments
  
Revenues
 
 
 
 
(In thousands)
Earned
Premiums (1)
 
Investment
Income 
 
Other
 
Total (2)
 
Pre-Tax
Income
(Loss)
 
Net Income
(Loss) to Common Stockholders
Three months ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
Insurance
$
1,475,184

 
$
132,403

 
$
13,687

 
$
1,621,274

 
$
225,871

 
$
179,241

Reinsurance & Monoline Excess
171,657

 
44,449

 
—

 
216,106

 
52,635

 
41,864

Corporate, other and eliminations (3)
—

 
11,481

 
100,949

 
112,430

 
(78,344
)
 
(62,519
)
Net realized and unrealized gains on investments
—

 
—

 
73,574

 
73,574

 
73,574

 
58,123

Total
$
1,646,841

 
$
188,333

 
$
188,210

 
$
2,023,384

 
$
273,736

 
$
216,709

Three months ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Insurance
$
1,415,579

 
$
94,542

 
$
18,707

 
$
1,528,828

 
$
163,181

 
$
128,693

Reinsurance & Monoline Excess
165,474

 
41,914

 
—

 
207,388

 
56,174

 
44,291

Corporate, other and eliminations (3)
—

 
17,321

 
87,748

 
105,069

 
(59,744
)
 
(47,917
)
Net realized and unrealized gains on investments
—

 
—

 
69,631

 
69,631

 
69,631

 
55,008

Total
$
1,581,053

 
$
153,777

 
$
176,086

 
$
1,910,916

 
$
229,242

 
$
180,075

Six months ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
Insurance
$
2,902,218

 
$
232,444

 
$
26,931

 
$
3,161,593

 
$
410,387

 
$
325,234

Reinsurance & Monoline Excess
337,479

 
84,023

 
—

 
421,502

 
97,490

 
77,389

Corporate, other and eliminations (3)
—

 
30,120

 
204,965

 
235,085

 
(146,928
)
 
(117,551
)
Net realized and unrealized gains on investments
—

 
—

 
142,226

 
142,226

 
142,226

 
112,359

Total
$
3,239,697

 
$
346,587

 
$
374,122

 
$
3,960,406

 
$
503,175

 
$
397,431

Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Insurance
$
2,806,868

 
$
208,040

 
$
37,675

 
$
3,052,583

 
$
362,109

 
$
286,426

Reinsurance & Monoline Excess
341,593

 
88,928

 
—

 
430,521

 
100,866

 
79,838

Corporate, other and eliminations (3)
—

 
31,327

 
169,637

 
200,964

 
(140,838
)
 
(113,087
)
Net realized and unrealized gains on investments
—

 
—

 
118,095

 
118,095

 
118,095

 
93,295

Total
$
3,148,461

 
$
328,295

 
$
325,407

 
$
3,802,163

 
$
440,232

 
$
346,472

_________________
(1)Certain amounts included in earned premiums of each segment are related to inter-segment transactions.
(2)Revenues for Insurance from foreign countries for the three months ended June 30, 2019 and 2018 were $179 million and $176 million, and for the six months ended June 30, 2019 and 2018 were $349 million and $359 million, respectively. Revenues for Reinsurance & Monoline Excess from foreign countries for the three months ended June 30, 2019 and 2018 were $62 million and $55 million, and for the six months ended June 30, 2019 and 2018 were $121 million and $112 million, respectively.
(3)
Corporate, other and eliminations represent corporate revenues and expenses that are not allocated to business segments
Identifiable Assets By Segment
(In thousands)
June 30,
2019
 
December 31,
2018
Insurance
$
19,444,475

 
$
18,214,293

Reinsurance & Monoline Excess
4,573,446

 
4,371,151

Corporate, other and eliminations
2,469,982

 
2,310,533

Consolidated
$
26,487,903

 
$
24,895,977
Net Premiums Earned By Major Line Of Business
Net premiums earned by major line of business are as follows:
 
For the Three Months
Ended June 30,
 
For the Six Months
Ended June 30,
 
 
(In thousands)
2019
 
2018
 
2019
 
2018
Insurance:
 
 
 
 
 
 
 
Other liability
$
505,621

 
$
474,721

 
$
996,282

 
$
938,889

Workers’ compensation
330,510

 
336,996

 
657,186

 
661,974

Short-tail lines (1)
305,852

 
288,320

 
594,943

 
583,347

Commercial automobile
188,278

 
175,812

 
369,203

 
351,010

Professional liability
144,923

 
139,730

 
284,604

 
271,648

Total Insurance
1,475,184

 
1,415,579

 
2,902,218

 
2,806,868

 
 
 
 
 
 
 
 
Reinsurance & Monoline Excess:
 
 
 
 
 
 
 
Casualty reinsurance
95,109

 
86,841

 
185,939

 
177,411

Monoline excess (2)
39,400

 
40,429

 
78,381

 
81,477

Property reinsurance
37,148

 
38,204

 
73,159

 
82,705

Total Reinsurance & Monoline Excess
171,657

 
165,474

 
337,479

 
341,593

 
 
 
 
 
 
 
 
Total
$
1,646,841

 
$
1,581,053

 
$
3,239,697

 
$
3,148,461


______________
(1) Short-tail lines include commercial multi-peril (non-liability), inland marine, accident and health, fidelity and surety, boiler and machinery and other lines.
(2) Monoline excess includes operations that solely retain risk on an excess basis.