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SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets      
Investments $ 5,738,734 $ 5,424,688  
Cash and cash equivalents 363,666 327,384  
Accrued investment income 58,774 55,178  
Total assets 6,538,380 6,213,793  
Liabilities:      
Senior notes 643,196 641,724  
Convertible junior subordinated debentures 0 21,086  
Other liabilities 160,009 154,966  
Total liabilities 1,466,363 1,571,053  
Shareholders’ equity:      
Common stock 371,353 371,353  
Paid-in capital 1,808,113 1,798,842  
Treasury stock, at cost (1,384,293) (1,050,238)  
Accumulated other comprehensive income, net of tax (316,281) (481,511)  
Retained earnings 4,593,125 4,004,294  
Total shareholders' equity 5,072,017 4,642,740 $ 4,861,382
Total liabilities and shareholders' equity $ 6,538,380 $ 6,213,793  
Parenthetical information [Abstract]      
Common stock, par value (in dollars per share) $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 272,494,000 293,433,000  
Treasury stock, shares at cost (in shares) 98,859,000 77,920,000  
Revenues:      
Investment income, net of expenses $ 214,740 $ 167,476 156,438
Net gains (losses) on investments and other financial instruments (14,141) (7,463) 5,861
Total revenues 1,155,102 1,172,785 1,185,675
Expenses:      
Interest expense 36,905 48,054 71,360
Loss on debt extinguishment 0 40,199 36,914
Total losses and expenses 252,873 82,751 383,898
Income before tax 902,229 1,090,034 801,777
Provision for income taxes 189,280 224,685 166,794
Net income 712,949 865,349 634,983
Other comprehensive income (loss), net of tax 165,230 (601,208) (97,124)
Comprehensive income 878,179 264,141 537,859
Cash flows from operating activities:      
Net income 712,949 865,349 634,983
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred federal 1,550 (5,235) 4,392
Loss on debt extinguishment 0 40,199 36,914
Change in certain assets and liabilities:      
Accrued investment income (3,596) (3,276) (1,905)
Net cash provided by operating activities 712,962 650,012 696,317
Cash flows from investing activities:      
Purchases of investments (1,469,540) (674,406) (1,531,129)
Proceeds from sales of investments 376,598 399,661 473,904
Net cash (used in) provided by investing activities (179,190) 410,485 (160,749)
Cash flows from financing activities:      
Conversion / purchase of convertible junior subordinated debentures (28,637) (89,118) (98,610)
Redemption of 5.75% senior notes 0 (242,296) 0
Cash portion of loss on debt extinguishment 0 (39,514) (36,914)
Repurchase of common stock (337,182) (385,573) (290,818)
Dividends paid (122,965) (110,947) (94,219)
Payment of withholding taxes related to share-based compensation net share settlement (7,257) (10,094) (6,729)
Net cash used in financing activities (496,041) (1,032,542) (527,290)
Net increase in cash and cash equivalents and restricted cash and cash equivalents 37,731 27,955 8,278
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 332,913 304,958 296,680
Cash and cash equivalents and restricted cash and cash equivalents at end of year 370,644 332,913 304,958
Fixed income      
Assets      
Fixed income, available-for-sale 5,601,540 5,342,667  
Parenthetical information [Abstract]      
Fixed income, amortized cost 5,939,483 5,859,688  
Short-Term Investments      
Assets      
Fixed income, available-for-sale 121,573 67,031  
Parenthetical information [Abstract]      
Fixed income, amortized cost 121,539 67,097  
Parent Company      
Assets      
Investments 709,333 407,509  
Cash and cash equivalents 208,600 239,404  
Investment in subsidiaries, at equity in net assets 4,777,121 4,502,261  
Accounts receivable - affiliates 2,860 864  
Income taxes - current and deferred 34,597 167,966  
Accrued investment income 5,975 3,387  
Total assets 5,738,486 5,321,391  
Liabilities:      
Senior notes 643,196 641,724  
Convertible junior subordinated debentures 0 21,086  
Accrued interest 12,797 13,271  
Other liabilities 10,476 2,570  
Total liabilities 666,469 678,651  
Shareholders’ equity:      
Common stock 371,353 371,353  
Paid-in capital 1,808,113 1,798,842  
Treasury stock, at cost (1,384,293) (1,050,238)  
Accumulated other comprehensive income, net of tax (316,281) (481,511)  
Retained earnings 4,593,125 4,004,294  
Total shareholders' equity 5,072,017 4,642,740  
Total liabilities and shareholders' equity $ 5,738,486 $ 5,321,391  
Parenthetical information [Abstract]      
Common stock, par value (in dollars per share) $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 272,494,000 293,433,000  
Treasury stock, shares at cost (in shares) 98,859,000 77,920,000  
Revenues:      
Investment income, net of expenses $ 30,123 $ 7,193 3,850
Net gains (losses) on investments and other financial instruments (47) (2,628) 490
Total revenues 30,076 4,565 4,340
Expenses:      
Operating expenses 1,555 1,575 1,644
Interest expense 36,905 47,601 68,359
Loss on debt extinguishment 0 38,870 36,914
Total losses and expenses 38,460 88,046 106,917
Income before tax (8,384) (83,481) (102,577)
Provision for income taxes (1,734) (17,851) (21,240)
Equity in net income of subsidiaries 719,599 930,979 716,320
Net income 712,949 865,349 634,983
Other comprehensive income (loss), net of tax 165,230 (601,208) (97,124)
Comprehensive income 878,179 264,141 537,859
Cash flows from operating activities:      
Net income 712,949 865,349 634,983
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income of subsidiaries (719,599) (930,979) (716,320)
Dividends received from subsidiaries 326,013 626,695 400,000
Deferred federal 86,219 119,588 (21,551)
Loss on debt extinguishment 0 38,870 36,914
Other 26,726 33,619 29,799
Change in certain assets and liabilities:      
Accounts receivable - affiliates (1,996) 1,266 (680)
Income taxes receivable 45,913 (43,123) (306)
Accrued investment income (499) 931 1,118
Accrued interest 349 (7,230) (2,503)
Net cash provided by operating activities 476,075 704,986 361,454
Cash flows from investing activities:      
Purchases of investments (566,795) (1,457) (339,384)
Proceeds from sales of investments 555,957 287,924 556,384
Net cash (used in) provided by investing activities (10,838) 286,467 217,000
Cash flows from financing activities:      
Conversion / purchase of convertible junior subordinated debentures (28,637) (89,118) (98,610)
Redemption of 5.75% senior notes 0 (242,296) 0
Cash portion of loss on debt extinguishment 0 (38,185) (36,914)
Repurchase of common stock (337,182) (385,573) (290,818)
Dividends paid (122,965) (110,947) (94,219)
Payment of withholding taxes related to share-based compensation net share settlement (7,257) (10,094) (6,729)
Net cash used in financing activities (496,041) (876,213) (527,290)
Net increase in cash and cash equivalents and restricted cash and cash equivalents (30,804) 115,240 51,164
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 239,404 124,164 73,000
Cash and cash equivalents and restricted cash and cash equivalents at end of year 208,600 239,404 $ 124,164
Parent Company | Fixed income      
Assets      
Fixed income, available-for-sale 598,420 287,332  
Parenthetical information [Abstract]      
Fixed income, amortized cost 597,944 299,649  
Parent Company | Short-Term Investments      
Assets      
Fixed income, available-for-sale 110,913 120,177  
Parenthetical information [Abstract]      
Fixed income, amortized cost $ 110,889 $ 120,102