XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities, available-for-sale (amortized cost of $9,751,683 in 2019 and $9,950,773 in 2018) $ 11,642,212 $ 11,120,884
Equity securities (cost of $3,115,609 in 2019 and $2,971,856 in 2018) 6,875,933 5,720,945
Total Investments 18,518,145 16,841,829
Cash and cash equivalents 2,220,793 2,014,168
Restricted cash and cash equivalents 420,673 382,264
Receivables 2,191,947 1,692,526
Reinsurance recoverables 5,372,769 5,221,947
Deferred policy acquisition costs 554,233 474,513
Prepaid reinsurance premiums 1,459,272 1,331,022
Goodwill 2,189,367 2,237,975
Intangible assets 1,695,588 1,726,196
Other assets 1,798,797 1,383,823
Total Assets 36,421,584 33,306,263
LIABILITIES AND EQUITY    
Unpaid losses and loss adjustment expenses 14,335,783 14,276,479
Life and annuity benefits 1,032,715 1,001,453
Unearned premiums 4,116,051 3,611,028
Payables to insurance and reinsurance companies 485,570 337,326
Senior long-term debt and other debt (estimated fair value of $3,845,000 in 2019 and $3,030,000 in 2018) 3,625,744 3,009,577
Other liabilities 2,261,343 1,796,036
Total Liabilities 25,857,206 24,031,899
Redeemable noncontrolling interests 151,297 174,062
Commitments and contingencies
Shareholders' equity:    
Common stock 3,400,964 3,392,993
Retained earnings 6,808,201 5,782,310
Accumulated other comprehensive income (loss) 187,200 (94,650)
Total Shareholders' Equity 10,396,365 9,080,653
Noncontrolling interests 16,716 19,649
Total Equity 10,413,081 9,100,302
Total Liabilities and Equity 36,421,584 33,306,263
Fixed Maturities [Member]    
ASSETS    
Fixed maturities, available-for-sale (amortized cost of $9,751,683 in 2019 and $9,950,773 in 2018) 10,258,640 10,043,188
Short-term Investments [Member]    
ASSETS    
Fixed maturities, available-for-sale (amortized cost of $9,751,683 in 2019 and $9,950,773 in 2018) $ 1,383,572 $ 1,077,696