v3.2.0.727
Consolidated Statements Of Income And Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING REVENUES        
Earned premiums $ 957,557 $ 965,599 $ 1,901,207 $ 1,914,974
Net investment income 90,586 92,169 183,461 178,884
Other-than-temporary impairment losses 0 (1,007) (5,092) (1,007)
Net realized investment gains, excluding other-than-temporary impairment losses 6,105 8,127 16,768 25,521
Net realized investment gains 6,105 7,120 11,676 24,514
Other revenues 250,357 194,083 510,415 380,254
Total Operating Revenues 1,304,605 1,258,971 2,606,759 2,498,626
OPERATING EXPENSES        
Losses and loss adjustment expenses 536,194 610,406 983,189 1,152,709
Underwriting, acquisition and insurance expenses 379,652 365,987 720,337 721,492
Amortization of intangible assets 16,949 13,488 31,589 27,487
Other expenses 242,236 184,942 473,237 367,110
Total Operating Expenses 1,175,031 1,174,823 2,208,352 2,268,798
Operating Income 129,574 84,148 398,407 229,828
Interest expense 29,288 29,789 58,600 59,488
Income Before Income Taxes 100,286 54,359 339,807 170,340
Income tax expense 7,833 13,218 53,348 41,698
Net Income 92,453 41,141 286,459 128,642
Net income attributable to noncontrolling interests 1,084 1,073 4,098 858
Net Income to Shareholders 91,369 40,068 282,361 127,784
OTHER COMPREHENSIVE INCOME (LOSS)        
Net holding gains (losses) arising during the period (230,142) 208,332 (109,120) 355,628
Change in unrealized other-than-temporary impairment losses on fixed maturities arising during the period (48) 15 119 (5)
Reclassification adjustments for net gains included in net income (4,984) (4,818) (14,037) (10,762)
Change in net unrealized gains on investments, net of taxes (235,174) 203,529 (123,038) 344,861
Change in foreign currency translation adjustments, net of taxes 10,385 6,671 (11,429) 7,584
Change in net actuarial pension loss, net of taxes 469 325 932 644
Total Other Comprehensive Income (Loss) (224,320) 210,525 (133,535) 353,089
Comprehensive Income (Loss) (131,867) 251,666 152,924 481,731
Comprehensive income attributable to noncontrolling interests 1,058 1,078 4,042 870
Comprehensive Income (Loss) to Shareholders $ (132,925) $ 250,588 $ 148,882 $ 480,861
NET INCOME PER SHARE        
Basic (in dollars per share) $ 6.76 $ 2.67 $ 20.33 $ 8.95
Diluted (in dollars per share) $ 6.72 $ 2.66 $ 20.21 $ 8.91