v2.4.0.8
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)
In Thousands
Total
Preferred shares - Series A, B, C and D [Member]
Common shares (par value) [Member]
Additional paid-in capital [Member]
Unrealized appreciation on available for sale investments, net of tax [Member]
Cumulative foreign currency translation adjustments, net of tax [Member]
Supplemental Executive Retirement Plans (SERPs) [Member]
Accumulated other comprehensive income [Member]
Retained earnings [Member]
Treasury shares, at cost [Member]
Balance at beginning of period at Dec. 31, 2011   $ 500,000 $ 2,125 $ 2,105,386 $ 116,096 $ 13,784 $ (1,718) $ 128,162 $ 4,155,392 $ (1,446,986)
Shares issued   400,000 16 1,053            
Cost of treasury shares reissued       0           0
Issue costs on newly issued preferred shares       (6,456)            
Value of shares repurchased and retired during the period   (397,157)   7,093         (14,009)  
Stock options exercised       945            
Share-based compensation expense       45,446            
Unrealized gains (losses) arising during the period, net of reclassification adjustment 114,851       114,851          
Non-credit portion of OTTI losses 0       0          
Foreign currency translation adjustments (2,074)         (2,074)        
Net change in benefit plan assets and obligations recognized in equity             0      
Net income 324,905               324,905  
Series A, B and C preferred share dividends                 (20,746)  
Common share dividends                 (62,137)  
Shares repurchased for treasury                   (137,969)
Balance at end of period at Jun. 30, 2012 5,697,840 502,843 2,141 2,153,467 230,947 11,710 (1,718) 240,939 4,383,405 (1,584,955)
Balance at beginning of period at Dec. 31, 2012 5,779,761 502,843 2,146 2,179,034 348,328 14,294 0 362,622 4,497,789 (1,764,673)
Shares issued   225,000 26 2,777            
Cost of treasury shares reissued       (3,984)           3,984
Issue costs on newly issued preferred shares       (6,551)            
Value of shares repurchased and retired during the period   (100,000)   3,081         (3,081)  
Stock options exercised       12,017            
Share-based compensation expense       26,830            
Unrealized gains (losses) arising during the period, net of reclassification adjustment (319,340)       (319,340)          
Non-credit portion of OTTI losses 0       0          
Foreign currency translation adjustments (18,527)         (18,527)        
Net change in benefit plan assets and obligations recognized in equity             0      
Net income 395,280               395,280  
Series A, B and C preferred share dividends                 (16,938)  
Common share dividends                 (59,363)  
Shares repurchased for treasury                   (359,025)
Balance at end of period at Jun. 30, 2013 $ 5,561,947 $ 627,843 $ 2,172 $ 2,213,204 $ 28,988 $ (4,233) $ 0 $ 24,755 $ 4,813,687 $ (2,119,714)