Consolidated Balance Sheets Statement - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Fixed-maturities available for sale—at fair value (amortized cost $2,856,468 and $1,893,356)	$ 2,838,512	$ 1,865,461
Equity securities available for sale—at fair value (cost $1,330 and $75,538)	1,330	75,430
Trading securities—at fair value	879,862	1,279,137
Short-term investments—at fair value	741,531	1,076,944
Other invested assets	1,195	1,714
Total investments	4,462,430	4,298,686
Cash	52,149	46,898
Restricted cash	9,665	13,000
Accounts and notes receivable	77,631	61,734
Deferred income taxes, net (Note 10)	411,798	577,945
Goodwill and other intangible assets, net (Note 7)	276,228	289,417
Prepaid reinsurance premiums (Note 2)	229,438	40,491
Other assets (Note 9)	343,835	313,929
Total assets	5,863,174	5,642,100
Liabilities and Stockholders’ Equity
Unearned premiums	681,222	680,300
Reserve for losses and loss adjustment expenses (“LAE”) (Note 11)	760,269	976,399
Long-term debt (Note 12)	1,069,537	1,219,454
Reinsurance funds withheld (Note 2)	158,001	0
Other liabilities	321,859	269,016
Total liabilities	2,990,888	3,145,169
Commitments and Contingencies (Note 13)
Stockholders’ equity
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2016 and 2015; 232,091,921 and 224,432,465 shares issued at December 31, 2016 and 2015, respectively; 214,521,079 and 206,871,768 shares outstanding at December 31, 2016 and 2015, respectively	232	224
Treasury stock, at cost: 17,570,842 and 17,560,697 shares at December 31, 2016 and 2015, respectively	(893,332)	(893,176)
Additional paid-in capital	2,779,891	2,716,618
Retained earnings	997,890	691,742
Accumulated other comprehensive income (loss) (“AOCI”) (Note 17)	(12,395)	(18,477)
Total stockholders’ equity	2,872,286	2,496,931
Total liabilities and stockholders’ equity	$ 5,863,174	$ 5,642,100