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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES:    
Premiums earned $ 1,732,697 $ 1,619,427
Net investment income 140,976 138,294
Net realized capital gains (losses):    
Other-than-temporary impairments on fixed maturity securities (2,933) (70)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss)
Other net realized capital gains (losses) 95,165 (24,831)
Total net realized capital gains (losses) 92,232 (24,901)
Net derivative gain (loss) 3,231 273
Other income (expense) (9,053) 12,064
Total revenues 1,960,083 1,745,157
CLAIMS AND EXPENSES:    
Incurred losses and loss adjustment expenses 1,048,550 1,057,177
Commission, brokerage, taxes and fees 389,474 357,639
Other underwriting expenses 98,985 96,284
Corporate expenses 6,652 8,996
Interest, fees and bond issue cost amortization expense 7,631 7,418
Total claims and expenses 1,551,292 1,527,514
INCOME (LOSS) BEFORE TAXES 408,791 217,643
Income tax expense (benefit) 59,891 7,325
NET INCOME (LOSS) 348,900 210,318
Other comprehensive income (loss), net of tax :    
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period 233,065 (190,624)
Reclassification adjustment for realized losses (gains) included in net income (loss) (1,822) (8,772)
Total URA(D) on securities arising during the period 231,243 (199,396)
Foreign currency translation adjustments 14,052 17,699
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) 1,151 1,815
Total benefit plan net gain (loss) for the period 1,151 1,815
Total other comprehensive income (loss), net of tax 246,446 (179,882)
COMPREHENSIVE INCOME (LOSS) $ 595,346 $ 30,436
EARNINGS PER COMMON SHARE:    
Basic $ 8.57 $ 5.14
Diluted $ 8.54 $ 5.11