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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Net premiums $ 2,346,945 $ 2,129,043 $ 4,503,950 $ 4,152,895
Investment income, net of related expenses 507,666 450,539 924,932 877,430
Investment related gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (846) (4,137) (34,663) (6,664)
Other investment related gains (losses), net 119,110 (12,041) 32,041 (1,931)
Total investment related gains (losses), net 118,264 (16,178) (2,622) (8,595)
Other revenues 66,193 66,936 125,376 129,223
Total revenues 3,039,068 2,630,340 5,551,636 5,150,953
Benefits and Expenses:        
Claims and other policy benefits 1,997,502 1,866,183 3,884,266 3,641,634
Interest credited 95,849 77,246 183,754 197,924
Policy acquisition costs and other insurance expenses 405,681 300,412 639,444 577,455
Other operating expenses 159,895 131,600 317,319 253,218
Interest expense 20,331 35,851 53,138 71,478
Collateral finance and securitization expense 6,587 5,258 12,912 11,329
Total benefits and expenses 2,685,845 2,416,550 5,090,833 4,753,038
Income before income taxes 353,223 213,790 460,803 397,915
Provision for income taxes 117,120 83,399 148,228 142,410
Net income $ 236,103 $ 130,391 $ 312,575 $ 255,505
Earnings per share:        
Basic earnings per share $ 3.68 $ 1.97 $ 4.86 $ 3.80
Diluted earnings per share 3.64 1.94 4.81 3.76
Dividends declared per share $ 0.37 $ 0.33 $ 0.74 $ 0.66