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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS:    
Fixed maturities - available for sale, at market value (amortized cost: 2014, $12,708,891; 2013, $12,391,164) $ 13,019,176 $ 12,636,907
Fixed maturities - available for sale, at fair value    19,388
Equity securities - available for sale, at market value (cost: 2014, $156,000; 2013, $148,342) 153,822 144,081
Equity securities - available for sale, at fair value 1,398,430 1,462,079
Short-term investments 1,363,852 1,214,199
Other invested assets (cost: 2014, $485,771; 2013, $508,447) 485,771 508,447
Cash 385,404 611,382
Total investments and cash 16,806,455 16,596,483
Accrued investment income 116,910 119,058
Premiums receivable 1,427,171 1,453,114
Reinsurance receivables 653,109 540,883
Funds held by reinsureds 224,961 228,000
Deferred acquisition costs 375,393 363,721
Prepaid reinsurance premiums 78,305 81,779
Income taxes 136,513 178,334
Other assets 293,578 246,664
TOTAL ASSETS 20,112,395 19,808,036
LIABILITIES:    
Reserve for losses and loss adjustment expenses 9,611,114 9,673,240
Future policy benefit reserve 58,089 59,512
Unearned premium reserve 1,658,734 1,579,945
Funds held under reinsurance treaties 2,706 2,692
Commission reserves 57,312 66,160
Other net payable to reinsurers 116,883 116,387
Losses in course of payment 439,708 332,631
5.4% Senior notes due 10/15/2014 249,971 249,958
6.6% Long term notes due 5/1/2067 238,361 238,361
Accrued interest on debt and borrowings 12,092 4,781
Equity index put option liability 37,083 35,423
Unsettled securities payable 95,322 53,867
Other liabilities 182,341 333,425
Total liabilities 12,759,716 12,746,382
NONCONTROLLING INTERESTS:    
Redeemable noncontrolling interest - MT. Logan Re 315,168 93,378
Commitments and contingencies (Note 9)      
SHAREHOLDERS' EQUITY:    
Preferred shares, par value: $0.01; 50,000 shares authorized; no shares issued and outstanding      
Common shares, par value: $0.01; 200,000 shares authorized; (2014) 68,171 and (2013) 67,965 outstanding before treasury shares 682 680
Additional paid-in capital 2,036,320 2,029,774
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $65,137 at 2014 and $57,661 at 2013 211,207 157,728
Treasury shares, at cost; 22,114 shares (2014) and 20,422 shares (2013) (2,235,856) (1,985,873)
Retained earnings 7,025,158 6,765,967
Total shareholders' equity attributable to Everest Re Group 7,037,511 6,968,276
TOTAL LIABILITIES, NONCONTROLLING INTERESTS AND SHAREHOLDERS' EQUITY $ 20,112,395 $ 19,808,036