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Consolidated Statements Of Income And Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUES        
Earned premiums $ 965,599 $ 784,819 $ 1,914,974 $ 1,349,406
Net investment income 92,169 77,979 178,884 142,596
Other-than-temporary impairment losses (1,007) (4,589) (1,007) (4,589)
Net realized investment gains, excluding other-than-temporary impairment losses 8,127 16,135 25,521 34,052
Net realized investment gains 7,120 11,546 24,514 29,463
Other revenues 194,083 157,425 380,254 330,168
Total Operating Revenues 1,258,971 1,031,769 2,498,626 1,851,633
OPERATING EXPENSES        
Losses and loss adjustment expenses 610,406 442,406 1,152,709 730,302
Underwriting, acquisition and insurance expenses 365,987 363,095 721,492 591,768
Amortization of intangible assets 13,488 11,292 27,487 20,907
Other expenses 184,942 140,759 367,110 293,076
Total Operating Expenses 1,174,823 957,552 2,268,798 1,636,053
Operating Income 84,148 74,217 229,828 215,580
Interest expense 29,789 28,561 59,488 52,135
Income Before Income Taxes 54,359 45,656 170,340 163,445
Income tax expense 13,218 16,980 41,698 45,506
Net Income 41,141 28,676 128,642 117,939
Net income attributable to noncontrolling interests 1,073 920 858 1,281
Net Income to Shareholders 40,068 27,756 127,784 116,658
OTHER COMPREHENSIVE INCOME (LOSS)        
Net holding gains (losses) arising during the period 208,332 (158,690) 355,628 22,909
Change in unrealized other-than-temporary impairment losses on fixed maturities arising during the period 15 (70) (5) 179
Reclassification adjustments for net gains included in net income (4,818) (7,957) (10,762) (20,212)
Change in net unrealized gains on investments, net of taxes 203,529 (166,717) 344,861 2,876
Change in foreign currency translation adjustments, net of taxes 6,671 (10,459) 7,584 (11,640)
Change in net actuarial pension loss, net of taxes 325 366 644 736
Total Other Comprehensive Income (Loss) 210,525 (176,810) 353,089 (8,028)
Comprehensive Income (Loss) 251,666 (148,134) 481,731 109,911
Comprehensive income attributable to noncontrolling interests 1,078 920 870 1,281
Comprehensive Income (Loss) to Shareholders $ 250,588 $ (149,054) $ 480,861 $ 108,630
NET INCOME PER SHARE        
Basic (in dollars per share) $ 2.67 $ 2.24 $ 8.95 $ 10.83
Diluted (in dollars per share) $ 2.66 $ 2.24 $ 8.91 $ 10.79