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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, 2014
Mar. 31, 2013
REVENUES:    
Gross premiums written $ 901,393 $ 837,081
Premiums ceded (129,779) (142,029)
Net premiums written 771,614 695,052
Change in unearned premiums (241,329) (231,824)
Net premiums earned 530,285 463,228
Net investment income 47,619 33,388
Net realized investment gains 54,205 79,637
Total revenues 632,109 576,253
EXPENSES:    
Net losses and loss expenses 275,286 255,178
Acquisition costs 67,722 56,685
General and administrative expenses 80,340 82,680
Amortization of intangible assets 633 633
Interest expense 14,534 14,134
Foreign exchange loss 49 2,518
Total expenses 438,564 411,828
Income before income taxes 193,545 164,425
Income tax expense 16,573 5,433
NET INCOME 176,972 158,992
Other comprehensive loss:    
Other comprehensive loss 0 0
COMPREHENSIVE INCOME $ 176,972 $ 158,992
PER SHARE DATA    
Basic earnings per share $ 5.33 $ 4.59
Diluted earnings per share $ 5.23 $ 4.49
Weighted average common shares outstanding 33,181,729 34,613,606
Weighted average common shares and common share equivalents outstanding 33,861,554 35,431,843
Dividends paid per share $ 0.500 $ 0.375