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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments    
Fixed maturity securities - available for sale, at fair value (amortized cost: 2013 - $5,943,160 and 2012 - $5,856,432) $ 6,094,640 $ 6,281,781
Equity securities - available for sale, at fair value (cost: 2013 - $323,249 and 2012 - $275,827) 347,840 284,639
Short-term investments, at cost (approximates fair value) 216,793 363,053
Other investments, at fair value (cost: 2013 - $16 and 2012 - $18,391) 18 20,925
Total investments 6,659,291 6,950,398
Cash 39,353 71,390
Restricted cash and securities 115,031 101,480
Premium, claims and other receivables 648,438 549,725
Reinsurance recoverables 1,086,435 1,071,222
Ceded unearned premium 291,939 256,988
Ceded life and annuity benefits 57,841 58,641
Deferred policy acquisition costs 202,322 191,960
Goodwill 885,999 885,860
Other assets 166,845 130,143
Total assets 10,153,494 10,267,807
LIABILITIES    
Loss and loss adjustment expense payable 3,814,684 3,767,850
Life and annuity policy benefits 57,841 58,641
Reinsurance, premium and claims payable 337,666 294,621
Unearned premium 1,189,520 1,069,956
Deferred ceding commissions 82,119 74,609
Notes payable 639,021 583,944
Accounts payable and accrued liabilities 527,260 875,574
Total liabilities 6,648,111 6,725,195
SHAREHOLDERS' EQUITY    
Common stock, $1.00 par value; 250,000 shares authorized (shares issued: 2013 - 125,350 and 2012 - 125,114; outstanding: 2013 - 100,140 and 2012 - 100,928) 125,350 125,114
Additional paid-in capital 1,063,949 1,052,253
Retained earnings 2,917,086 2,756,166
Accumulated other comprehensive income 126,119 295,271
Treasury stock, at cost (shares: 2013 - 25,210 and 2012 - 24,186) (727,121) (686,192)
Total shareholders' equity 3,505,383 3,542,612
Total liabilities and shareholders' equity $ 10,153,494 $ 10,267,807