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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Summary Of Quarterly Financial Data
The following table presents summarized quarterly financial data for 2018 and 2017:
 
 
 
Quarter Ended
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
(Amounts in thousands, except per share data)
2018
 
 
 
 
 
 
 
 
Net premiums earned
 
$
808,084

 
$
833,959

 
$
858,135

  
$
868,233

Change in fair value of financial instruments pursuant to the fair value option
 
(58,532
)
 
8,793

 
(12,907
)
 
(70,020
)
(Loss) income before income taxes
 
(59,699
)
 
73,246

 
70,286

 
(114,448
)
Net (loss) income
 
(42,607
)
 
60,180

 
58,578

 
(81,879
)
Basic (loss) earnings per share
 
(0.77
)
 
1.09

 
1.06

 
(1.48
)
Diluted (loss) earnings per share 
 
(0.77
)
 
1.09

 
1.06

 
(1.48
)
Dividends paid per share
 
0.6250

 
0.6250

 
0.6250

  
0.6275

 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 

 
 
Net premiums earned
 
$
789,770

 
$
797,666

 
$
801,205

  
$
806,796

Change in fair value of financial instruments pursuant to the fair value option
 
21,857

 
20,275

 
17,608

 
28,065

Income before income taxes
 
30,599

 
68,752

 
58,247

 
9,487

Net income
 
26,980

 
51,633

 
46,485

 
19,779

Basic earnings per share
 
0.49

 
0.93

 
0.84

 
0.36

Diluted earnings per share 
 
0.49

 
0.93

 
0.84

 
0.36

Dividends paid per share
 
0.6225

 
0.6225

 
0.6225

  
0.6250