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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Net premiums $ 2,562,042 $ 2,489,797 $ 7,739,053 $ 7,335,944
Investment income, net of related expenses 572,742 556,918 1,617,132 1,589,820
Investment related gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (10,705) (390) (14,055) (20,980)
Other investment related gains (losses), net (9,312) 23,043 (17,004) 160,451
Total investment related gains (losses), net (20,017) 22,653 (31,059) 139,471
Other revenues 112,764 75,942 272,020 218,091
Total revenues 3,227,531 3,145,310 9,597,146 9,283,326
Benefits and Expenses:        
Claims and other policy benefits 2,209,920 2,100,680 6,851,614 6,371,188
Interest credited 143,292 126,099 333,068 349,068
Policy acquisition costs and other insurance expenses 310,639 365,424 987,817 1,064,645
Other operating expenses 200,262 168,417 586,495 481,279
Interest expense 33,290 36,836 107,769 108,590
Collateral finance and securitization expense 7,467 7,692 22,509 21,235
Total benefits and expenses 2,904,870 2,805,148 8,889,272 8,396,005
Income before income taxes 322,661 340,162 707,874 887,321
Provision for income taxes 21,462 112,571 102,071 282,028
Net income $ 301,199 $ 227,591 $ 605,803 $ 605,293
Earnings per share:        
Basic earnings per share $ 4.76 $ 3.53 $ 9.47 $ 9.39
Diluted earnings per share 4.68 3.47 9.30 9.23
Dividends declared per share $ 0.60 $ 0.50 $ 1.60 $ 1.32