XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Net premiums earned $ 1,236,024 $ 1,034,469 $ 2,402,703 $ 2,039,173
Net investment income 68,970 58,350 133,989 110,323
Net realized investment gains (losses) 2,899 (19,778) 41,090 29,229
Other (2,899) 10,186 1,298 11,081
Total revenues 1,304,994 1,083,227 2,579,080 2,189,806
Expenses:        
Losses and loss adjustment expenses 936,714 897,810 1,840,679 1,827,339
Policy acquisition costs 203,682 172,737 399,722 337,245
Other operating expenses 81,702 68,341 158,790 138,031
Interest 7,799 5,549 15,572 10,479
Total expenses 1,229,897 1,144,437 2,414,763 2,313,094
Income (loss) before income taxes 75,097 (61,210) 164,317 (123,288)
Income tax expense (benefit) 12,529 (19,667) 28,287 (36,457)
Net income (loss) $ 62,568 $ (41,543) $ 136,030 $ (86,831)
Net income (loss) per share:        
Basic (in dollars per share) $ 1.13 $ (0.75) $ 2.46 $ (1.57)
Diluted (in dollars per share) $ 1.13 $ (0.75) $ 2.46 $ (1.57)
Weighted average shares outstanding:        
Basic (in shares) 55,371 55,371 55,371 55,371
Diluted (in shares) 55,375 55,371 55,373 55,371