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Condensed Consolidated Balance Sheets (Unaudited) Statement - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Fixed-maturities available for sale—at fair value, net of allowance for credit losses of $638 and $948 (amortized cost of $5,404,119 and $5,393,623) $ 5,553,711 $ 5,723,340
Trading securities—at fair value (amortized cost of $243,628 and $260,773) 265,314 290,885
Equity securities—at fair value (cost of $131,311 and $145,501) 141,412 151,240
Short-term investments—at fair value (includes $44,388 and $15,587 of reinvested cash collateral held under securities lending agreements) 705,660 618,004
Other invested assets—at fair value 5,777 4,973
Investments, Total 6,671,874 6,788,442
Cash 102,776 87,915
Restricted cash 20,987 6,231
Accrued investment income 34,841 34,047
Accounts and notes receivable 134,075 121,294
Reinsurance Recoverables, Paid Losses 16 32
Reinsurance recoverables 76,664 73,202
Deferred policy acquisition costs 15,652 18,305
Property and equipment, net 78,309 80,457
Goodwill and other acquired intangible assets, net (Note 7) 22,181 23,043
Other assets (Note 9) 763,502 715,085
Assets, Total 7,920,861 7,948,021
Liabilities and Stockholders’ Equity    
Unearned premiums 406,689 448,791
Reserve for losses and LAE (Note 11) 887,355 848,413
Senior notes (Note 12) 1,406,603 1,405,674
FHLB advances (Note 12) 138,833 176,483
Reinsurance funds withheld 282,345 278,555
Net deferred tax liability (Note 10) 210,571 213,897
Other Liabilities 353,173 291,855
Total liabilities 3,685,569 3,663,668
Stockholders’ equity    
Common stock: par value $0.001 per share; 485,000 shares authorized at March 31, 2021 and December 31, 2020; 209,846 and 210,130 shares issued at March 31, 2021 and December 31, 2020, respectively; 191,311 and 191,606 shares outstanding at March 31, 2021 and December 31, 2020, respectively 210 210
Treasury stock, at cost: 18,535 and 18,524 shares at March 31, 2021 and December 31, 2020, respectively (910,347) (910,115)
Additional paid-in capital 2,242,950 2,245,897
Retained earnings 2,785,744 2,684,636
Accumulated other comprehensive income (loss) (Note 15) 116,735 263,725
Total stockholders’ equity 4,235,292 4,284,353
Total liabilities and stockholders’ equity 7,920,861 7,948,021
Debt Securities, Available-for-sale, Allowance for Credit Loss 638 948
Fixed-maturities available for sale—at amortized cost 5,404,119 5,393,623
Debt Securities, Trading, Amortized Cost 243,628 260,773
Equity Securities, FV-NI, Cost 131,311 145,501
Reinvested Cash Collateral Held Under Securities Lending Agreements $ 44,388 $ 15,587
Parent Company    
Stockholders’ equity    
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001
Common Stock, Shares Authorized 485,000,000 485,000,000
Common Stock, Shares, Issued 209,846,000 210,130,000
Common Stock, Shares, Outstanding 191,311,000 191,606,000
Treasury Stock, Shares 18,535,000 18,524,000