v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Fixed maturities (amortized cost of $9,209,632 in 2015 and $9,929,137 in 2014) $ 9,523,164 $ 10,422,882
Equity securities (cost of $2,195,690 in 2015 and $1,951,658 in 2014) 4,375,161 4,137,576
Short-term investments (estimated fair value approximates cost) 2,185,249 1,594,849
Total Investments 16,083,574 16,155,307
Cash and cash equivalents 1,852,944 1,960,169
Restricted cash and cash equivalents 522,171 522,225
Receivables 1,329,743 1,135,217
Reinsurance recoverable on unpaid losses 2,031,722 1,868,669
Reinsurance recoverable on paid losses 75,068 102,206
Deferred policy acquisition costs 380,808 353,410
Prepaid reinsurance premiums 375,965 365,458
Goodwill 1,044,232 1,049,115
Intangible assets 669,664 702,747
Other assets 1,000,249 985,834
Total Assets 25,366,140 25,200,357
LIABILITIES AND EQUITY    
Unpaid losses and loss adjustment expenses 10,478,575 10,404,152
Life and annuity benefits 1,164,860 1,305,818
Unearned premiums 2,413,217 2,245,690
Payables to insurance and reinsurance companies 316,477 276,122
Senior long-term debt and other debt (estimated fair value of $2,427,000 in 2015 and $2,493,000 in 2014) 2,246,875 2,253,594
Other liabilities 944,368 1,051,931
Total Liabilities 17,564,372 17,537,307
Redeemable noncontrolling interests $ 51,892 $ 61,048
Commitments and contingencies    
Shareholders' equity:    
Common stock $ 3,327,489 $ 3,308,395
Retained earnings 2,843,303 2,581,866
Accumulated other comprehensive income 1,571,078 1,704,557
Total Shareholders' Equity 7,741,870 7,594,818
Noncontrolling interests 8,006 7,184
Total Equity 7,749,876 7,602,002
Total Liabilities and Equity $ 25,366,140 $ 25,200,357