XML 18 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Net premiums $ 2,737,813 $ 2,582,551
Investment income, net of related expenses 579,877 516,329
Investment related gains (losses), net:    
Other-than-temporary impairments on fixed maturity securities (9,453) 0
Other investment related gains (losses), net 17,241 (470)
Total investment related gains (losses), net 7,788 (470)
Other revenues 94,553 75,297
Total revenues 3,420,031 3,173,707
Benefits and Expenses:    
Claims and other policy benefits 2,508,324 2,362,101
Interest credited 133,189 80,449
Policy acquisition costs and other insurance expenses 311,881 356,902
Other operating expenses 201,483 191,274
Interest expense 40,173 37,454
Collateral finance and securitization expense 8,417 7,602
Total benefits and expenses 3,203,467 3,035,782
Income before income taxes 216,564 137,925
Provision for income taxes 47,057 37,695
Net income $ 169,507 $ 100,230
Earnings per share:    
Basic earnings per share $ 2.70 $ 1.55
Diluted earnings per share $ 2.65 $ 1.52