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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Net premiums earned $ 694,149 $ 699,731 $ 527,919
Net investment income 108,660 125,557 129,265
Equity in earnings (loss) of unconsolidated subsidiaries 3,682 3,986 7,539
Net realized investment gains (losses):      
Other-than-temporary impairment (OTTI) losses (19,917) (1,475) (71)
Portion of OTTI losses recognized in other comprehensive income before taxes 4,572 268 0
Net impairment losses recognized in earnings (15,345) (1,207) (71)
Other net realized investment gains (losses) (26,294) 15,861 67,975
Total net realized investment gains (losses) (41,639) 14,654 67,904
Other income 7,227 8,398 7,551
Total revenues 772,079 852,326 740,178
Expenses      
Losses and loss adjustment expenses 456,862 379,232 243,015
Reinsurance recoveries (46,151) (16,148) (18,254)
Net losses and loss adjustment expenses 410,711 363,084 224,761
Underwriting, policy acquisition and operating expenses 217,064 211,311 147,817
Segregated portfolio cells dividend expense (income) 853 1,842 0
Interest expense 14,596 14,084 2,755
Total expenses 643,224 590,321 375,333
Gain on acquisition 0 0 32,314
Income before income taxes 128,855 262,005 397,159
Provision for income taxes      
Current expense (benefit) 28,652 58,645 74,977
Deferred expense (benefit) (15,994) 6,795 24,659
Total income tax expense (benefit) 12,658 65,440 99,636
Net income 116,197 196,565 297,523
Other comprehensive income (loss), after tax, net of reclassification adjustments (34,349) (1,457) (85,719)
Comprehensive income $ 81,848 $ 195,108 $ 211,804
Earnings per share:      
Basic (USD per share) $ 2.12 $ 3.32 $ 4.82
Diluted (USD per share) $ 2.11 $ 3.30 $ 4.80
Weighted average number of common shares outstanding:      
Basic (in shares) 54,795 59,285 61,761
Diluted (in shares) 55,017 59,525 62,020
Cash dividends declared per common share (USD per share) $ 2.24 $ 3.86 $ 1.05