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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Investments:    
Equity securities $ 3,312,228 $ 2,718,902
Debt securities 14,945,479 15,618,470
Short-term investments 594,958 714,208
Marketable Securities, Total 18,852,665 19,051,580
Commercial mortgage loans 639,621 670,239
Other invested assets 508,674 465,153
Total investments 20,000,960 20,186,972
Cash 1,197,474 791,442
Accrued investment income 90,724 88,760
Premium balances receivable 1,284,163 1,145,341
Reinsurance recoverables 1,829,187 1,781,096
Ceded unearned premiums 345,947 311,898
Deferred acquisition costs 637,086 595,117
Property and equipment at cost, net of accumulated depreciation and amortization 269,790 267,872
Goodwill 614,114 614,163
Intangible assets, net of amortization 774,797 787,462
Current taxes receivable 0 3,189
Funds held under reinsurance agreements 785,502 794,453
Other assets 1,556,139 1,559,245
Total assets 29,385,883 28,927,010
Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity    
Loss and loss adjustment expenses 13,293,046 12,970,626
Unearned premiums 3,176,795 2,984,060
Senior notes and other debt 2,080,288 2,135,946
Reinsurance payable 249,806 208,384
Current taxes payable 8,715 0
Net deferred tax liabilities 5,841 43,547
Other liabilities 1,641,948 1,594,918
Total liabilities 20,456,439 19,937,481
Redeemable noncontrolling interests 233,563 233,809
Common stock 17,460 17,460
Contributed capital 3,613,764 3,613,454
Accumulated other comprehensive income (loss) 224,190 452,402
Treasury stock (1,707,908) (1,645,930)
Retained earnings 6,548,375 6,318,334
Total stockholders’ equity attributable to Alleghany stockholders 8,695,881 8,755,720
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 29,385,883 $ 28,927,010