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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Premiums earned $ 5,489,035 $ 4,839,058 $ 1,949,595
Net investment income 356,211 314,381 286,259
Net realized capital gains (losses):      
Other-than-temporary impairments on fixed maturity securities (19,643) (6,164) (6,077)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss)
Other net realized capital gains (losses) 439,010 (179,192) 167,630
Total net realized capital gains (losses) 419,367 (185,356) 161,553
Other income (expense) (1,589) (9,568) 25,866
Total revenues 6,263,024 4,958,515 2,423,273
CLAIMS AND EXPENSES:      
Incurred losses and loss adjustment expenses 3,829,122 4,811,018 2,039,751
Commission, brokerage, taxes and fees 1,270,053 1,141,714 210,925
Other underwriting expenses 350,901 293,347 254,886
Corporate expenses 13,063 11,034 7,394
Interest, fee and bond issue cost amortization expense 34,931 30,611 31,183
Total claims and expenses 5,498,070 6,287,724 2,544,139
INCOME (LOSS) BEFORE TAXES 764,955 (1,329,209) (120,866)
Income tax expense (benefit) 135,228 (367,025) (200,736)
NET INCOME (LOSS) 629,727 (962,184) 79,870
Other comprehensive income (loss), net of tax :      
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period 175,482 (92,966) (10,536)
Less: reclassification adjustment for realized losses (gains) included in net income (loss) 5,080 2,021 2,303
Total URA(D) on securities arising during the period 180,562 (90,945) (8,233)
Foreign currency translation adjustments 17,153 (36,431) 37,427
Benefit plan actuarial net gain (loss) for the period (12,591) (510) 1,027
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) 5,453 5,021 5,477
Total benefit plan net gain (loss) for the period (7,138) 4,511 6,504
Total other comprehensive income (loss), net of tax 190,577 (122,865) 35,698
COMPREHENSIVE INCOME (LOSS) $ 820,304 $ (1,085,049) $ 115,568