4. Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Measurements Tables

Schedule of Fair Value Measurements

	December 31, 2015
($ in thousands)	Level 1		Level 2		Level 3		Total
Fixed-maturity securities available-for-sale
Political subdivisions of States, Territories and Possessions	$	-	$	12,555,098	$	-	$	12,555,098
Corporate and other bonds industrial and miscellaneous		37,964,006		6,992,462		-		44,956,468
Resedential mortgage backed securities		-		4,990,498		-		4,990,498
Total fixed maturities		37,964,006		24,538,058		-		62,502,064
Equity securities		9,204,270		-		-		9,204,270
Total investments	$	47,168,276	$	24,538,058	$	-	$	71,706,334

	December 31, 2014
($ in thousands)	Level 1		Level 2		Level 3		Total
Fixed-maturity investments available-for-sale
Political subdivisions of States, Territories and Possessions	$	-	$	14,244,439	$	-	$	14,244,439
Corporate and other bonds industrial and miscellaneous		29,257,850		7,618,570		-		36,876,420
Total fixed maturities		29,257,850		21,863,009		-		51,120,859
Equity investments		8,017,729		-		-		8,017,729
Total investments	$	37,275,579	$	21,863,009	$	-	$	59,138,588