XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Net premiums $ 1,788,676 $ 1,582,017 $ 3,524,806 $ 3,210,481
Investment income, net of related expenses 337,436 291,671 708,476 595,929
Investment related gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (5,582) (3,489) (7,138) (10,919)
Other Than Temporary Impairments On Fixed Maturity Securities Transferred To Other Comprehensive Loss 292 (139) 292 2,205
Other investment related gains (losses), net 32,678 26,620 157,854 162,891
Total investment related gains (losses), net 27,388 22,992 151,008 154,177
Other revenues 50,477 35,197 102,122 71,475
Total revenues 2,203,977 1,931,877 4,486,412 4,032,062
Benefits and Expenses:        
Claims and other policy benefits 1,520,013 1,307,239 2,989,462 2,682,419
Interest credited 96,196 79,169 202,259 136,103
Policy Acquisition Costs And Other Insurance Expenses 261,282 237,149 592,435 603,451
Other operating expenses 97,161 83,147 203,311 174,346
Interest expense 25,818 25,141 50,387 40,590
Collateral Financing Expense 3,101 1,960 6,303 3,766
Total benefits and expenses 2,003,571 1,733,805 4,044,157 3,640,675
Income before income taxes 200,406 198,072 442,255 391,387
Provision for income taxes (67,518) (71,053) (148,551) (141,929)
Net income $ 132,888 $ 127,019 $ 293,704 $ 249,458
Earnings per share:        
Basic earning per share $ 1.80 $ 1.74 $ 3.99 $ 3.41
Diluted earnings per share $ 1.78 $ 1.70 $ 3.96 $ 3.34
Dividends declared per share $ 0.12 $ 0.12 $ 0.24 $ 0.24