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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investments:    
Equity securities $ 3,413,525 $ 3,683,820
Debt securities, fair value 15,558,624 16,061,560
Short-term investments 1,305,804 1,142,258
Marketable Securities, Total 20,277,953 20,887,638
Commercial mortgage loans 462,556 475,860
Other invested assets 561,195 557,800
Total investments 21,301,704 21,921,298
Cash 993,056 927,966
Accrued investment income 93,895 87,610
Premium balances receivable 1,528,474 1,458,679
Reinsurance recoverables 2,164,653 2,195,975
Ceded unearned premiums 483,088 463,412
Deferred acquisition costs 636,654 586,753
Property and equipment at cost, net of accumulated depreciation and amortization 303,591 304,452
Goodwill 754,648 753,607
Intangible assets, net of amortization 909,420 924,406
Net deferred tax assets 104,966 0
Funds held under reinsurance agreements 506,005 634,182
Other assets 2,114,273 2,010,335
Total assets 31,894,427 32,268,675
Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity    
Loss and loss adjustment expenses 14,316,367 14,357,635
Unearned premiums 3,386,395 3,179,513
Senior notes and other debt 2,822,777 2,847,199
Reinsurance payable 360,919 322,902
Current taxes payable 63,912 34,297
Net deferred tax liabilities 0 56,958
Other liabilities 1,982,891 1,965,943
Total liabilities 22,933,261 22,764,447
Redeemable noncontrolling interests 365,793 317,346
Common stock 17,460 17,460
Contributed capital 3,593,370 3,608,905
Accumulated other comprehensive (loss) income (464,460) 141,822
Treasury stock (2,029,904) (1,934,531)
Retained earnings 7,478,907 7,353,226
Total stockholders’ equity attributable to Alleghany stockholders 8,595,373 9,186,882
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 31,894,427 $ 32,268,675