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Unaudited Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES:    
Gross premiums written $ 880,614us-gaap_PremiumsWrittenGross $ 901,393us-gaap_PremiumsWrittenGross
Premiums ceded (108,086)us-gaap_CededPremiumsWritten (129,779)us-gaap_CededPremiumsWritten
Net premiums written 772,528us-gaap_PremiumsWrittenNet 771,614us-gaap_PremiumsWrittenNet
Change in unearned premiums (203,980)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet (241,329)us-gaap_IncreaseDecreaseInUnearnedPremiumsNet
Net premiums earned 568,548us-gaap_PremiumsEarnedNet 530,285us-gaap_PremiumsEarnedNet
Net investment income 44,551us-gaap_InvestmentIncomeNet 47,619us-gaap_InvestmentIncomeNet
Net realized investment gains 45,025us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments 54,205us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
Other income 854us-gaap_OtherOperatingIncome 0us-gaap_OtherOperatingIncome
Total revenues 658,978us-gaap_Revenues 632,109us-gaap_Revenues
EXPENSES:    
Net losses and loss expenses 325,176us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 275,286us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Acquisition costs 78,699us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 67,722us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
General and administrative expenses 97,138us-gaap_GeneralAndAdministrativeExpense 80,340us-gaap_GeneralAndAdministrativeExpense
Other expense 1,823us-gaap_OtherCostAndExpenseOperating 0us-gaap_OtherCostAndExpenseOperating
Amortization of intangible assets 633us-gaap_AmortizationOfIntangibleAssets 633us-gaap_AmortizationOfIntangibleAssets
Interest expense 14,337us-gaap_InterestExpense 14,534us-gaap_InterestExpense
Foreign exchange loss 9,897us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 49us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Total expenses 527,703us-gaap_BenefitsLossesAndExpenses 438,564us-gaap_BenefitsLossesAndExpenses
Income before income taxes 131,275us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 193,545us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 6,919us-gaap_IncomeTaxExpenseBenefit 16,573us-gaap_IncomeTaxExpenseBenefit
NET INCOME 124,356us-gaap_NetIncomeLoss 176,972us-gaap_NetIncomeLoss
Other comprehensive income 0us-gaap_OtherComprehensiveIncomeLossNetOfTax 0us-gaap_OtherComprehensiveIncomeLossNetOfTax
COMPREHENSIVE INCOME $ 124,356us-gaap_ComprehensiveIncomeNetOfTax $ 176,972us-gaap_ComprehensiveIncomeNetOfTax
PER SHARE DATA    
Basic earnings per share $ 1.30us-gaap_EarningsPerShareBasic $ 1.78us-gaap_EarningsPerShareBasic
Diluted earnings per share $ 1.27us-gaap_EarningsPerShareDiluted $ 1.74us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding 95,935,551us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 99,545,187us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares and common share equivalents outstanding 97,577,029us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 101,584,662us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends paid per share $ 0.225us-gaap_CommonStockDividendsPerShareCashPaid $ 0.167us-gaap_CommonStockDividendsPerShareCashPaid