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Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES:      
Gross premiums written $ 2,935,425us-gaap_PremiumsWrittenGross $ 2,738,664us-gaap_PremiumsWrittenGross $ 2,329,271us-gaap_PremiumsWrittenGross
Premiums ceded (613,350)us-gaap_CededPremiumsWritten (618,183)us-gaap_CededPremiumsWritten (491,448)us-gaap_CededPremiumsWritten
Net premiums written 2,322,075us-gaap_PremiumsWrittenNet 2,120,481us-gaap_PremiumsWrittenNet 1,837,823us-gaap_PremiumsWrittenNet
Change in unearned premiums (139,317)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet (114,648)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet (88,925)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet
Net premiums earned 2,182,758us-gaap_PremiumsEarnedNet 2,005,833us-gaap_PremiumsEarnedNet 1,748,898us-gaap_PremiumsEarnedNet
Net investment income 176,874us-gaap_InvestmentIncomeNet 157,564us-gaap_InvestmentIncomeNet 167,141us-gaap_InvestmentIncomeNet
Net realized investment gains 88,957us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments 59,525us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments 306,436us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
Other income 2,064us-gaap_OtherOperatingIncome 0us-gaap_OtherOperatingIncome 0us-gaap_OtherOperatingIncome
Total revenues 2,450,653us-gaap_Revenues 2,222,922us-gaap_Revenues 2,222,475us-gaap_Revenues
EXPENSES:      
Net losses and loss expenses 1,199,190us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 1,123,242us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 1,139,264us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Acquisition costs 295,122us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 252,673us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 205,722us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
General and administrative expenses 365,736us-gaap_GeneralAndAdministrativeExpense 352,285us-gaap_GeneralAndAdministrativeExpense 307,321us-gaap_GeneralAndAdministrativeExpense
Other expense 8,578us-gaap_OtherCostAndExpenseOperating 0us-gaap_OtherCostAndExpenseOperating 0us-gaap_OtherCostAndExpenseOperating
Amortization of intangible assets 2,533us-gaap_AmortizationOfIntangibleAssets 2,533us-gaap_AmortizationOfIntangibleAssets 2,533us-gaap_AmortizationOfIntangibleAssets
Interest expense 57,755us-gaap_InterestExpense 56,510us-gaap_InterestExpense 55,405us-gaap_InterestExpense
Foreign exchange loss 957us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 8,019us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 783us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Total expenses 1,929,871us-gaap_BenefitsLossesAndExpenses 1,795,262us-gaap_BenefitsLossesAndExpenses 1,711,028us-gaap_BenefitsLossesAndExpenses
Income before income taxes 520,782us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 427,660us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 511,447us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 30,523us-gaap_IncomeTaxExpenseBenefit 9,780us-gaap_IncomeTaxExpenseBenefit 18,440us-gaap_IncomeTaxExpenseBenefit
NET INCOME 490,259us-gaap_NetIncomeLoss 417,880us-gaap_NetIncomeLoss 493,007us-gaap_NetIncomeLoss
Other comprehensive loss:      
Unrealized losses on investments arising during the year net of applicable deferred income tax benefit 2014: $0; 2013: $0; 2012: $(265) 0us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 0us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax (493)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Reclassification adjustment for net realized investment gains included in net income, net of applicable income tax 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax (13,991)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
Other comprehensive loss 0us-gaap_OtherComprehensiveIncomeLossNetOfTax 0us-gaap_OtherComprehensiveIncomeLossNetOfTax (14,484)us-gaap_OtherComprehensiveIncomeLossNetOfTax
COMPREHENSIVE INCOME $ 490,259us-gaap_ComprehensiveIncomeNetOfTax $ 417,880us-gaap_ComprehensiveIncomeNetOfTax $ 478,523us-gaap_ComprehensiveIncomeNetOfTax
PER SHARE DATA      
Basic earnings per share $ 5.03us-gaap_EarningsPerShareBasic $ 4.08us-gaap_EarningsPerShareBasic $ 4.56us-gaap_EarningsPerShareBasic
Diluted earnings per share $ 4.92us-gaap_EarningsPerShareDiluted $ 3.98us-gaap_EarningsPerShareDiluted $ 4.43us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding 97,538,319us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 102,464,715us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 108,171,435us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares and common share equivalents outstanding 99,591,773us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 104,865,834us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 111,209,655us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends paid per share $ 0.784us-gaap_CommonStockDividendsPerShareCashPaid $ 0.458us-gaap_CommonStockDividendsPerShareCashPaid $ 0.625us-gaap_CommonStockDividendsPerShareCashPaid