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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Investments:    
Fixed maturities available for sale, at fair value (amortized cost: $17,764,783 and $18,143,305; net of allowance for credit losses: $2,124 and $2,397 ) $ 18,073,779 $ 18,717,825
Short-term investments available for sale, at fair value (amortized cost: $2,248,615 and $1,924,292; net of allowance for credit losses: $0 and $0) 2,248,613 1,924,922
Collateral received under securities lending, at fair value (amortized cost: $172,109 and $301,089) 172,116 301,096
Equity securities, at fair value 1,693,552 1,444,830
Other investments (portion measured at fair value: $4,071,497 and $3,824,796) 4,571,497 4,324,796
Investments accounted for using the equity method 2,539,124 2,047,889
Total investments 29,298,681 28,761,358
Cash 1,234,059 906,448
Accrued investment income 96,546 103,299
Securities pledged under securities lending, at fair value (amortized cost: $167,871 and $294,493) 168,548 294,912
Investment in operating affiliates 731,810 129,291
Premiums receivable (net of allowance for credit losses: $35,979 and $37,781) 2,866,578 2,064,586
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses (net of allowance for credit losses: $11,029 and $11,636) 4,314,515 4,500,802
Contractholder receivables (net of allowance for credit losses: $4,471 and $8,638) 1,882,948 1,986,924
Ceded unearned premiums 1,541,093 1,234,075
Deferred acquisition costs 1,013,657 790,708
Receivable for securities sold 309,234 92,743
Goodwill and intangible assets 667,153 692,863
Other assets 2,357,064 1,724,288
Total assets 46,481,886 43,282,297
Liabilities    
Reserve for losses and loss adjustment expenses 17,196,648 16,513,929
Unearned premiums 6,011,369 4,838,965
Reinsurance balances payable 1,079,106 683,263
Contractholder payables 1,887,418 1,995,562
Collateral held for insured obligations 235,618 215,581
Senior notes 2,861,728 2,861,113
Revolving credit agreement borrowings 155,687 155,687
Securities lending payable 172,109 301,089
Payable for securities purchased 586,881 218,779
Other liabilities 1,332,843 1,510,888
Total liabilities 31,519,407 29,294,856
Commitments and Contingencies
Redeemable noncontrolling interests 57,533 58,548
Shareholders' Equity    
Non-cumulative preferred shares 1,280,000 780,000
Common shares ($0.0011 par, shares issued: 582,654,893 and 579,000,841) 647 643
Additional paid-in capital 2,028,919 1,977,794
Retained earnings 13,454,036 12,362,463
Accumulated other comprehensive income (loss), net of deferred income tax 230,048 488,895
Common shares held in treasury, at cost (shares: 185,883,642 and 172,280,199) (3,007,578) (2,503,909)
Total shareholders' equity available to Arch 13,986,072 13,105,886
Non-redeemable noncontrolling interests 918,874 823,007
Total shareholders' equity 14,904,946 13,928,893
Total liabilities, noncontrolling interests and shareholders' equity $ 46,481,886 $ 43,282,297