Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Data [Abstract]

Summary Of Quarterly Financial Data

The following table presents summarized quarterly financial data for 2017 and 2016:

	Quarter Ended
	March 31		June 30		September 30			December 31
	(Amounts in thousands, except per share data)
2017
Net premiums earned	$	789,770	$	797,666	$	801,205		$	806,796
Change in fair value of financial instruments pursuant to the fair value option	21,857		20,275		17,608			28,065
Income before income taxes	30,599		68,752		58,247			9,487
Net income (loss)	26,980		51,633		46,485			19,779
Basic earnings per share (1)	0.49		0.93		0.84			0.36
Diluted earnings per share (1)	0.49		0.93		0.84			0.36
Dividends paid per share	0.6225		0.6225		0.6225			0.6250
2016
Net premiums earned	$	767,085	$	779,321	$	790,850		$	794,517
Change in fair value of financial instruments pursuant to the fair value option	18,531		37,127		(21,132		)	(67,332		)
Income before income taxes	26,034		64,335		31,625			(51,270		)
Net income (loss)	23,323		48,873		26,930			(26,082		)
Basic earnings per share (1)	0.42		0.88		0.49			(0.47		)
Diluted earnings per share (1)	0.42		0.88		0.49			(0.47		)
Dividends paid per share	0.6200		0.6200		0.6200			0.6225

 __________

⁽¹⁾  The basic and diluted earnings per share do not sum due to rounding.