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Consolidated Statements Of Operations And Comprehensive Income (Loss) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES:        
Premiums earned $ 569,597 $ 523,521 $ 1,560,778 $ 1,461,549
Net investment income 83,446 68,828 215,869 227,433
Net realized capital gains (losses):        
Other-than-temporary impairments on fixed maturity securities       (199)   
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss)            
Other net realized capital gains (losses) (160) 208,426 121,103 533,758
Total net realized capital gains (losses) (160) 208,426 120,904 533,758
Other income (expense) (3,739) 5,012 (15,576) 5,095
Total revenues 649,144 805,787 1,881,975 2,227,835
CLAIMS AND EXPENSES:        
Incurred losses and loss adjustment expenses 380,580 307,121 980,143 909,661
Commission, brokerage, taxes and fees 79,168 71,560 240,584 215,047
Other underwriting expenses 50,623 48,945 137,032 136,751
Corporate expenses 4,620 1,516 5,398 5,353
Interest, fee and bond issue cost amortization expense 12,292 7,466 28,539 38,010
Total claims and expenses 527,283 436,608 1,391,696 1,304,822
INCOME (LOSS) BEFORE TAXES 121,861 369,179 490,279 923,013
Income tax expense (benefit) 21,720 125,426 145,498 308,347
NET INCOME (LOSS) 100,141 243,753 344,781 614,666
Other comprehensive income (loss), net of tax :        
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period (26,221) (7,102) 13,678 (91,289)
Less: reclassification adjustment for realized losses (gains) included in net income (loss) (696) (1,124) 1,459 (2,640)
Total URA(D) on securities arising during the period (26,917) (8,226) 15,137 (93,929)
Foreign currency translation adjustments (7,472) (5,839) (8,587) (13,064)
Benefit plan actuarial net gain (loss) for the period            
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) 825 1,470 2,366 4,161
Total benefit plan net gain (loss) for the period 825 1,470 2,366 4,161
Total other comprehensive income (loss), net of tax (33,564) (12,595) 8,916 (102,832)
COMPREHENSIVE INCOME (LOSS) $ 66,577 $ 231,158 $ 353,697 $ 511,834