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Consolidated Statements Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES:    
Net premiums written $ 2,050,038 $ 1,845,846
Change in net unearned premiums (200,082) (154,428)
Net premiums earned 1,849,956 1,691,418
Net investment income 158,577 174,763
Net realized and unrealized gains (losses) on investments 51,759 (143,285)
Change in allowance for expected credit losses on investments (16,920) (33,889)
Net investment gains (losses) 34,839 (177,174)
Revenues from non-insurance businesses 87,430 93,729
Insurance service fees 25,808 25,751
Other income 259 2,123
Total revenues 2,156,869 1,810,610
OPERATING COSTS AND EXPENSES:    
Losses and loss expenses 1,121,592 1,107,253
Other operating costs and expenses 616,268 578,334
Expenses from non-insurance businesses 86,290 94,757
Interest expense 36,651 36,734
Total operating costs and expenses 1,860,801 1,817,078
Income (loss) before income taxes 296,068 (6,468)
Income tax (expense) benefit (64,352) 2,942
Net income (loss) before noncontrolling interests 231,716 (3,526)
Noncontrolling interests (2,191) (892)
Net income (loss) to common stockholders $ 229,525 $ (4,418)
NET INCOME (LOSS) PER SHARE:    
Basic (in dollar per share) $ 1.24 $ (0.02)
Diluted (in dollar per share) $ 1.23 $ (0.02)