Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Fixed maturities (amortized cost of $9,038,158 in 2015 and $9,929,137 in 2014)	$ 9,394,468	$ 10,422,882
Equity securities (cost of $2,208,834 in 2015 and $1,951,658 in 2014)	4,074,475	4,137,576
Short-term investments (estimated fair value approximates cost)	1,642,261	1,594,849
Total Investments	15,111,204	16,155,307
Cash and cash equivalents	2,630,009	1,960,169
Restricted cash and cash equivalents	440,132	522,225
Receivables	1,113,703	1,135,217
Reinsurance recoverable on unpaid losses	2,016,665	1,868,669
Reinsurance recoverable on paid losses	50,123	102,206
Deferred policy acquisition costs	352,756	353,410
Prepaid reinsurance premiums	322,362	365,458
Goodwill	1,167,844	1,049,115
Intangible assets	792,372	702,747
Other assets	944,101	985,834
Total Assets	24,941,271	25,200,357
LIABILITIES AND EQUITY
Unpaid losses and loss adjustment expenses	10,251,953	10,404,152
Life and annuity benefits	1,123,275	1,305,818
Unearned premiums	2,166,105	2,245,690
Payables to insurance and reinsurance companies	224,921	276,122
Senior long-term debt and other debt (estimated fair value of $2,403,000 in 2015 and $2,493,000 in 2014)	2,241,427	2,253,594
Other liabilities	1,030,023	1,051,931
Total Liabilities	17,037,704	17,537,307
Redeemable noncontrolling interests	$ 62,958	$ 61,048
Commitments and contingencies
Shareholders' equity:
Common stock	$ 3,342,357	$ 3,308,395
Retained earnings	3,137,285	2,581,866
Accumulated other comprehensive income	1,354,508	1,704,557
Total Shareholders' Equity	7,834,150	7,594,818
Noncontrolling interests	6,459	7,184
Total Equity	7,840,609	7,602,002
Total Liabilities and Equity	$ 24,941,271	$ 25,200,357