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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS:    
Fixed maturities - available for sale, at market value (amortized cost: 2015, $13,213,596; 2014, $12,831,159) $ 13,474,801 $ 13,101,067
Fixed maturities - available for sale, at fair value 228 1,509
Equity securities - available for sale, at market value (cost: 2015, $147,512; 2014, $148,326) 137,516 140,210
Equity securities - available for sale, at fair value 1,483,803 1,447,820
Short-term investments 1,901,807 1,705,932
Other invested assets (cost: 2015, $665,153; 2014, $601,925) 665,153 601,925
Cash 338,901 437,474
Total investments and cash 18,002,209 17,435,937
Accrued investment income 108,829 111,075
Premiums receivable 1,445,180 1,397,983
Reinsurance receivables 682,878 670,854
Funds held by reinsureds 233,447 228,192
Deferred acquisition costs 350,551 398,408
Prepaid reinsurance premiums 179,448 154,177
Income taxes 206,400 184,762
Other assets 273,954 236,436
TOTAL ASSETS 21,482,896 20,817,824
LIABILITIES:    
Reserve for losses and loss adjustment expenses 9,783,570 9,720,813
Future policy benefit reserve 59,456 59,820
Unearned premium reserve 1,562,078 1,728,745
Funds held under reinsurance treaties 78,553 3,932
Commission reserves 88,008 87,990
Other net payable to reinsurers 160,248 139,841
Losses in course of payment 251,980 157,527
4.868% Senior notes due 6/1/2044 400,000 400,000
6.6% Long term notes due 5/1/2067 238,366 238,364
Accrued interest on debt and borrowings 3,537 3,537
Equity index put option liability 40,819 47,022
Unsettled securities payable 72,834 41,092
Other liabilities 257,056 316,469
Total liabilities 12,996,505 12,945,152
NONCONTROLLING INTERESTS:    
Redeemable noncontrolling interest - Mt. Logan Re $ 759,729 $ 421,552
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; (2015) 68,555 and (2014) 68,336 outstanding before treasury shares $ 685 $ 683
Additional paid-in capital 2,084,636 2,068,807
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $20,968 at 2015 and $20,715 at 2014 (14,819) 48,317
Treasury shares, at cost; 24,363 shares (2015) and 23,650 shares (2014) (2,610,878) (2,485,897)
Retained earnings 8,267,038 7,819,210
Total shareholders' equity attributable to Everest Re Group 7,726,662 7,451,120
TOTAL LIABILITIES, NONCONTROLLING INTERESTS AND SHAREHOLDERS' EQUITY $ 21,482,896 $ 20,817,824