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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS:    
Fixed maturities - available for sale, at market value (amortized cost: 2015, $13,276,206; 2014, $12,831,159) $ 13,357,294 $ 13,101,067
Fixed maturities - available for sale, at fair value 2,102 1,509
Equity securities - available for sale, at market value (cost: 2015, $122,271; 2014, $148,326) 108,940 140,210
Equity securities - available for sale, at fair value 1,337,733 1,447,820
Short-term investments 1,795,455 1,705,932
Other invested assets (cost: 2015, $786,994; 2014, $601,925) 786,994 601,925
Cash 283,658 437,474
Total investments and cash 17,672,176 17,435,937
Accrued investment income 100,942 111,075
Premiums receivable 1,479,293 1,397,983
Reinsurance receivables 840,420 670,854
Funds held by reinsureds 278,673 228,192
Deferred acquisition costs 373,072 398,408
Prepaid reinsurance premiums 157,424 154,177
Income taxes 258,541 184,762
Other assets 265,634 236,436
TOTAL ASSETS 21,426,175 20,817,824
LIABILITIES:    
Reserve for losses and loss adjustment expenses 9,951,798 9,720,813
Future policy benefit reserve 58,910 59,820
Unearned premium reserve 1,613,390 1,728,745
Funds held under reinsurance treaties 88,544 3,932
Commission reserves 79,849 87,990
Other net payable to reinsurers 166,822 139,841
Losses in course of payment 112,170 157,527
4.868% Senior notes due 6/1/2044 400,000 400,000
6.6% Long term notes due 5/1/2067 238,368 238,364
Accrued interest on debt and borrowings 3,537 3,537
Equity index put option liability 40,705 47,022
Unsettled securities payable 15,314 41,092
Other liabilities 291,322 316,469
Total liabilities 13,060,729 12,945,152
NONCONTROLLING INTERESTS:    
Redeemable noncontrolling interest - Mt. Logan Re $ 756,861 $ 421,552
Commitments and contingencies (Note 17)
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) 68,606 and (2014) 68,336 outstanding before treasury shares $ 686 $ 683
Additional paid-in capital 2,103,638 2,068,807
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of ($15,863) at 2015 and $20,715 at 2014 (231,755) 48,317
Treasury shares, at cost; 25,912 shares (2015) and 23,650 shares (2014) (2,885,956) (2,485,897)
Retained earnings 8,621,972 7,819,210
Total shareholders' equity attributable to Everest Re Group 7,608,585 7,451,120
TOTAL LIABILITIES, NONCONTROLLING INTERESTS AND SHAREHOLDERS' EQUITY $ 21,426,175 $ 20,817,824