XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Net premiums earned $ 1,320,652 $ 1,090,311 $ 3,723,355 $ 3,129,483
Net investment income 72,738 60,965 206,726 171,287
Net realized investment gains (losses) 114,446 (90,001) 155,536 (60,772)
Other 22,538 3,917 23,837 15,000
Total revenues 1,530,374 1,065,192 4,109,454 3,254,998
Expenses:        
Losses and loss adjustment expenses 918,439 823,742 2,759,117 2,651,081
Policy acquisition costs 230,293 181,569 630,016 518,813
Other operating expenses 86,861 69,192 245,651 207,223
Interest 7,717 5,918 23,288 16,398
Total expenses 1,243,310 1,080,421 3,658,072 3,393,515
Income (loss) before income taxes 287,064 (15,229) 451,382 (138,517)
Income tax expense (benefit) 56,208 (7,002) 84,496 (43,459)
Net income (loss) $ 230,856 $ (8,227) $ 366,886 $ (95,058)
Net income (loss) per share:        
Basic (in dollars per share) $ 4.17 $ (0.15) $ 6.63 $ (1.72)
Diluted (in dollars per share) $ 4.17 $ (0.15) $ 6.63 $ (1.72)
Weighted average shares outstanding:        
Basic (in shares) 55,371 55,371 55,371 55,371
Diluted (in shares) 55,376 55,371 55,374 55,371