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Condensed Consolidated Balance Sheets (Unaudited) Statement - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Fixed-maturities available for sale—at fair value, net of allowance for credit losses of $0 and $948 (amortized cost of $5,349,405 and $5,393,623) $ 5,572,813 $ 5,723,340
Trading securities—at fair value (amortized cost of $241,657 and $260,773) 267,980 290,885
Equity securities—at fair value (cost of $160,224 and $145,501) 175,147 151,240
Short-term investments—at fair value (includes $32,435 and $15,587 of reinvested cash collateral held under securities lending agreements) 662,095 618,004
Other invested assets—at fair value 3,624 4,973
Investments, Total 6,681,659 6,788,442
Cash 134,939 87,915
Restricted cash 2,968 6,231
Accrued investment income 32,223 34,047
Accounts and notes receivable 153,128 121,294
Reinsurance recoverables 75,411 73,202
Deferred policy acquisition costs 17,873 18,305
Property and equipment, net 74,288 80,457
Goodwill and other acquired intangible assets, net (Note 7) 21,318 23,043
Other assets (Note 9) 815,261 715,085
Assets, Total 8,009,068 7,948,021
Liabilities and Stockholders’ Equity    
Unearned premiums 373,031 448,791
Reserve for losses and LAE (Note 11) 885,498 848,413
Senior notes (Note 12) 1,407,545 1,405,674
FHLB advances (Note 12) 153,983 176,483
Reinsurance funds withheld 285,406 278,555
Net deferred tax liability (Note 10) 266,330 213,897
Other Liabilities 303,442 291,855
Total liabilities 3,675,235 3,663,668
Stockholders’ equity    
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2021 and December 31, 2020; 207,250 and 210,130 shares issued at June 30, 2021 and December 31, 2020, respectively; 188,290 and 191,606 shares outstanding at June 30, 2021 and December 31, 2020, respectively 207 210
Treasury stock, at cost: 18,960 and 18,524 shares at June 30, 2021 and December 31, 2020, respectively (920,225) (910,115)
Additional paid-in capital 2,161,857 2,245,897
Retained earnings 2,913,138 2,684,636
Accumulated other comprehensive income (loss) (Note 15) 178,856 263,725
Total stockholders’ equity 4,333,833 4,284,353
Total liabilities and stockholders’ equity 8,009,068 7,948,021
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 948
Fixed-maturities available for sale—at amortized cost 5,349,405 5,393,623
Debt Securities, Trading, Amortized Cost 241,657 260,773
Equity Securities, FV-NI, Cost 160,224 145,501
Reinvested Cash Collateral Held Under Securities Lending Agreements 32,435 15,587
Reinsurance Recoverables, Paid Losses $ 7 $ 32
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 207,250,000 210,130,000
Common Stock, Shares, Outstanding 188,290,000 191,606,000
Treasury Stock, Shares 18,960,000 18,524,000