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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Net premiums $ 2,157,005 $ 2,023,852
Investment income, net of related expenses 417,266 426,891
Investment related gains (losses), net:    
Other-than-temporary impairments on fixed maturity securities (33,817) (2,527)
Other investment related gains (losses), net (87,069) 10,110
Total investment related gains (losses), net (120,886) 7,583
Other revenues 59,183 62,287
Total revenues 2,512,568 2,520,613
Benefits and Expenses:    
Claims and other policy benefits 1,886,764 1,775,451
Interest credited 87,905 120,678
Policy acquisition costs and other insurance expenses 233,763 277,043
Other operating expenses 157,424 121,618
Interest expense 32,807 35,627
Collateral finance and securitization expense 6,325 6,071
Total benefits and expenses 2,404,988 2,336,488
Income before income taxes 107,580 184,125
Provision for income taxes 31,108 59,011
Net income $ 76,472 $ 125,114
Earnings per share:    
Basic earnings per share $ 1.18 $ 1.84
Diluted earnings per share 1.17 1.81
Dividends declared per share $ 0.37 $ 0.33