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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Fixed maturities (amortized cost of $9,669,656 in 2017 and $9,591,734 in 2016) $ 10,053,492 $ 9,891,510
Equity securities (cost of $2,653,010 in 2017 and $2,481,448 in 2016) 5,340,827 4,745,841
Short-term investments (estimated fair value approximates cost) 1,704,416 2,336,151
Total Investments 17,098,735 16,973,502
Cash and cash equivalents 2,315,212 1,738,747
Restricted cash and cash equivalents 271,031 346,417
Receivables 1,589,444 1,241,649
Reinsurance recoverable on unpaid losses 2,007,652 2,006,945
Reinsurance recoverable on paid losses 53,128 64,892
Deferred policy acquisition costs 489,836 392,410
Prepaid reinsurance premiums 344,639 299,923
Goodwill 1,216,403 1,142,248
Intangible assets 806,585 722,542
Other assets 1,010,676 946,024
Total Assets 27,203,341 25,875,299
LIABILITIES AND EQUITY    
Unpaid losses and loss adjustment expenses 10,312,695 10,115,662
Life and annuity benefits 1,061,298 1,049,654
Unearned premiums 2,712,597 2,263,838
Payables to insurance and reinsurance companies 259,801 231,327
Senior long-term debt and other debt (estimated fair value of $2,712,000 in 2017 and $2,721,000 in 2016) 2,485,671 2,574,529
Other liabilities 1,332,072 1,099,200
Total Liabilities 18,164,134 17,334,210
Redeemable noncontrolling interests 86,691 73,678
Commitments and contingencies
Shareholders' equity:    
Common stock 3,376,230 3,368,666
Retained earnings 3,666,246 3,526,395
Accumulated other comprehensive income 1,911,933 1,565,866
Total Shareholders' Equity 8,954,409 8,460,927
Noncontrolling interests (1,893) 6,484
Total Equity 8,952,516 8,467,411
Total Liabilities and Equity $ 27,203,341 $ 25,875,299