XML 52 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Fixed maturities trading (amortized cost $2,496,686; $2,617,656) $ 2,556,964 $ 2,652,280
Equity securities trading (cost $381,967; $336,757) 421,967 359,606
Short-term investments (cost $139,242; $143,378) 138,671 143,371
Total investments 3,117,602 3,155,257
Cash 305,057 181,388
Receivables:    
Premiums 287,006 280,980
Accrued investment income 35,300 36,885
Other 11,287 10,076
Total receivables 333,593 327,941
Deferred policy acquisition costs 171,552 170,579
Fixed assets, net 185,075 196,505
Current income taxes 0 25,719
Deferred income taxes 22,509 26,499
Goodwill 42,850 42,850
Other intangible assets, net 56,870 60,124
Other assets 11,407 16,502
Total assets 4,246,515 4,203,364
LIABILITIES AND SHAREHOLDERS' EQUITY    
Losses and loss adjustment expenses 980,984 1,034,205
Unearned premiums 847,240 833,379
Notes payable 263,896 267,210
Accounts payable and accrued expenses 108,511 106,662
Current income taxes 15,863 0
Other liabilities 184,419 167,093
Total liabilities 2,400,913 2,408,549
Commitments and contingencies    
Shareholders' equity:    
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 54,822; 54,803 75,086 74,188
Additional paid-in capital 166 78
Accumulated other comprehensive loss (631) (740)
Retained earnings 1,770,981 1,721,289
Total shareholders' equity 1,845,602 1,794,815
Total liabilities and shareholders' equity $ 4,246,515 $ 4,203,364