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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net premiums $ 2,489,797 $ 2,251,758 $ 7,335,944 $ 6,755,708
Investment income, net of related expenses 556,918 489,727 1,589,820 1,414,659
Investment related gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (390) 0 (20,980) (34,663)
Other investment related gains (losses), net 23,043 86,624 160,451 118,665
Total investment related gains (losses), net 22,653 86,624 139,471 84,002
Other revenues 75,942 72,468 218,091 197,844
Total revenues 3,145,310 2,900,577 9,283,326 8,452,213
Benefits and Expenses:        
Claims and other policy benefits 2,100,680 1,993,064 6,371,188 5,877,330
Interest credited 126,099 116,848 349,068 300,602
Policy acquisition costs and other insurance expenses 365,424 300,962 1,064,645 940,406
Other operating expenses 168,417 152,556 481,279 469,875
Interest expense 36,836 43,063 108,590 96,201
Collateral finance and securitization expense 7,692 6,484 21,235 19,396
Total benefits and expenses 2,805,148 2,612,977 8,396,005 7,703,810
Income before income taxes 340,162 287,600 887,321 748,403
Provision for income taxes 112,571 88,881 282,028 237,109
Net income $ 227,591 $ 198,719 $ 605,293 $ 511,294
Earnings per share:        
Basic earnings per share $ 3.53 $ 3.10 $ 9.39 $ 7.95
Diluted earnings per share 3.47 3.07 9.23 7.87
Dividends declared per share $ 0.50 $ 0.41 $ 1.32 $ 1.15