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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities, available-for-sale (amortized cost of $9,852,710 in 2019 and $9,950,773 in 2018) $ 10,162,419 $ 10,043,188
Equity securities (cost of $3,021,179 in 2019 and $2,971,856 in 2018) 6,381,173 5,720,945
Short-term investments, available-for-sale (estimated fair value approximates cost) 754,288 1,077,696
Total Investments 17,297,880 16,841,829
Cash and cash equivalents 2,415,421 2,014,168
Restricted cash and cash equivalents 348,984 382,264
Receivables 1,959,137 1,692,526
Reinsurance Recoverables 5,292,335 5,221,947
Deferred policy acquisition costs 541,012 474,513
Prepaid reinsurance premiums 1,334,442 1,331,022
Goodwill 2,215,818 2,237,975
Intangible assets 1,712,618 1,726,196
Other assets 1,619,079 1,383,823
Total Assets 34,736,726 33,306,263
LIABILITIES AND EQUITY    
Unpaid losses and loss adjustment expenses 14,332,665 14,276,479
Life and annuity benefits 1,011,637 1,001,453
Unearned premiums 3,892,388 3,611,028
Payables to insurance and reinsurance companies 368,389 337,326
Senior long-term debt and other debt (estimated fair value of $3,113,000 in 2019 and $3,030,000 in 2018) 3,058,968 3,009,577
Other liabilities 2,106,331 1,796,036
Total Liabilities 24,770,378 24,031,899
Redeemable noncontrolling interests 148,002 174,062
Commitments and contingencies
Shareholders' equity:    
Common stock 3,395,940 3,392,993
Retained earnings 6,338,874 5,782,310
Accumulated other comprehensive income (loss) 61,168 (94,650)
Total Shareholders' Equity 9,795,982 9,080,653
Noncontrolling interests 22,364 19,649
Total Equity 9,818,346 9,100,302
Total Liabilities and Equity $ 34,736,726 $ 33,306,263