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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturities available for sale, at fair value (amortized cost: $13,626,639 and $13,522,671) $ 13,671,011 $ 13,426,577
Short-term investments available for sale, at fair value (amortized cost: $914,032 and $611,878) 914,356 612,005
Collateral received under securities lending, at fair value (amortized cost: $627,852 and $762,554) 627,843 762,565
Equity securities available for sale, at fair value (cost: $389,745 and $475,085) 461,017 518,041
Other investments available for sale, at fair value (cost: $208,941 and $149,077) 248,661 167,970
Investments accounted for using the fair value option 3,827,408 3,421,220
Investments accounted for using the equity method 948,856 811,273
Total investments 20,699,152 19,719,651
Cash 740,320 842,942
Accrued investment income 108,562 124,483
Securities pledged under securities lending, at fair value (amortized cost: $610,355 and $746,409) 610,121 744,980
Premiums receivable 1,314,564 1,072,435
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses 2,155,107 2,114,138
Contractholder receivables 1,826,966 1,717,436
Ceded unearned premiums 961,330 859,567
Deferred acquisition costs 506,748 447,560
Receivable for securities sold 212,512 58,284
Goodwill and intangible assets 712,975 781,553
Other assets 1,014,282 889,080
Total assets 30,862,639 29,372,109
Liabilities    
Reserve for losses and loss adjustment expenses 10,520,511 10,200,960
Unearned premiums 3,679,651 3,406,870
Reinsurance balances payable 361,000 300,407
Contractholder payables 1,826,966 1,717,436
Collateral held for insured obligations 338,737 301,406
Senior notes 1,732,570 1,732,258
Revolving credit agreement borrowings 686,452 756,650
Securities lending payable 627,852 762,554
Payable for securities purchased 458,722 76,183
Other liabilities 648,099 806,260
Total liabilities 20,880,560 20,060,984
Commitments and Contingencies
Redeemable noncontrolling interests 205,736 205,553
Shareholders' Equity    
Non-cumulative preferred shares 772,555 772,555
Convertible non-voting common equivalent preferred shares 489,627 1,101,304
Common shares ($0.0033 par, shares issued: 182,714,362 and 174,644,101) 609 582
Additional paid-in capital 1,196,884 531,687
Retained earnings 8,412,114 7,996,701
Accumulated other comprehensive income (loss), net of deferred income tax 78,441 (114,541)
Common shares held in treasury, at cost (shares: 52,034,403 and 51,856,584) (2,051,343) (2,034,570)
Total shareholders' equity available to Arch 8,898,887 8,253,718
Non-redeemable noncontrolling interests 877,456 851,854
Total shareholders' equity 9,776,343 9,105,572
Total liabilities, noncontrolling interests and shareholders' equity $ 30,862,639 $ 29,372,109