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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUES:    
Premiums earned $ 481,925 $ 521,062
Net investment income 58,445 72,581
Net realized capital gains (losses):    
Other-than-temporary impairments on fixed maturity securities $ (23,015) $ (24,121)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss)
Other net realized capital gains (losses) $ (43,362) $ 45,417
Total net realized capital gains (losses) (66,377) 21,296
Other income (expense) 13,102 15,833
Total revenues 487,095 630,772
CLAIMS AND EXPENSES:    
Incurred losses and loss adjustment expenses 296,062 308,880
Commission, brokerage, taxes and fees 68,822 96,531
Other underwriting expenses 59,227 48,543
Corporate expenses 2,336 1,609
Interest, fee and bond issue cost amortization expense 8,859 8,859
Total claims and expenses 435,306 464,422
INCOME (LOSS) BEFORE TAXES 51,789 166,350
Income tax expense (benefit) 12,863 50,406
NET INCOME (LOSS) 38,926 115,944
Other comprehensive income (loss), net of tax :    
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period 19,600 15,950
Less: reclassification adjustment for realized losses (gains) included in net income (loss) 25,915 23,665
Total URA(D) on securities arising during the period 45,515 39,615
Foreign currency translation adjustments $ 14,932 $ (33,308)
Benefit plan actuarial net gain (loss) for the period
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) $ 1,340 $ 1,604
Total benefit plan net gain (loss) for the period 1,340 1,604
Total other comprehensive income (loss), net of tax 61,787 7,911
COMPREHENSIVE INCOME (LOSS) $ 100,713 $ 123,855