v2.3.0.15
Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Fixed maturities (amortized cost of $5,223,979 in 2011 and $5,256,980 in 2010)$ 5,576,584$ 5,431,226
Equity securities (cost of $1,092,662 in 2011 and $996,088 in 2010)1,609,1991,721,971
Short-term investments (estimated fair value approximates cost)491,756325,340
Total Investments7,677,5397,478,537
Cash and cash equivalents920,193745,259
Receivables364,483318,507
Reinsurance recoverable on unpaid losses803,574798,090
Reinsurance recoverable on paid losses44,24770,568
Deferred policy acquisition costs206,534188,783
Prepaid reinsurance premiums102,13880,293
Goodwill and intangible assets769,685641,733
Other assets483,361503,819
Total Assets11,371,75410,825,589
LIABILITIES AND EQUITY  
Unpaid losses and loss adjustment expenses5,463,0825,398,406
Unearned premiums969,628839,537
Payables to insurance companies83,40150,715
Senior long-term debt and other debt (estimated fair value of $1,364,000 in 2011 and $1,086,000 in 2010)1,271,8101,015,947
Other liabilities305,741333,292
Total Liabilities8,093,6627,637,897
Commitments and contingencies  
Shareholders' equity:  
Common stock890,393884,457
Retained earnings1,794,3871,735,973
Accumulated other comprehensive income527,400551,093
Total Shareholders' Equity3,212,1803,171,523
Noncontrolling interests65,91216,169
Total Equity3,278,0923,187,692
Total Liabilities and Equity$ 11,371,754$ 10,825,589