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Industry Segments (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Financial Information Of Company Operating Segments
Summary financial information about the Company’s operating segments is presented in the following table. Income (loss) before income taxes by segment includes allocated investment income. Identifiable assets by segment are those assets used in or allocated to the operation of each segment.
Revenues
(In thousands)
Earned
Premiums
 
Investment
Income
 
Other
 
Total
 
Pre-Tax
Income
(Loss)
 
Net
Income
(Loss)
December 31, 2013:
 

 
 

 
 

 
 

 
 

 
 

Insurance-Domestic
$
3,782,416

 
$
404,280

 
$
107,517

 
$
4,294,213

 
$
648,740

 
$
449,981

Insurance-International
723,151

 
47,039

 

 
770,190

 
56,922

 
40,292

Reinsurance-Global
720,970

 
89,090

 

 
810,060

 
110,425

 
78,013

Corporate, other and eliminations(1)

 
3,882

 
408,645

 
412,527

 
(238,743
)
 
(142,479
)
Net investment gains

 

 
121,544

 
121,544

 
121,544

 
74,118

Consolidated
$
5,226,537

 
$
544,291

 
$
637,706

 
$
6,408,534

 
$
698,888

 
$
499,925

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
Insurance-Domestic
$
3,417,022

 
$
424,787

 
$
103,133

 
$
3,944,942

 
$
578,500

 
$
397,942

Insurance-International
631,841

 
45,796

 

 
677,637

 
51,639

 
35,928

Reinsurance-Global
624,653

 
106,932

 

 
731,585

 
103,690

 
72,916

Corporate, other and eliminations(1)

 
9,248

 
249,677

 
258,925

 
(242,366
)
 
(132,996
)
Net investment gains

 

 
210,465

 
210,465

 
210,465

 
136,802

Consolidated
$
4,673,516

 
$
586,763

 
$
563,275

 
$
5,823,554

 
$
701,928

 
$
510,592

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011:
 
 
 
 
 
 
 
 
 
 
 
Insurance-Domestic
$
3,121,281

 
$
372,053

 
$
92,847

 
$
3,586,181

 
$
467,126

 
$
345,399

Insurance-International
508,509

 
36,958

 

 
545,467

 
36,912

 
28,142

Reinsurance-Global
531,077

 
97,795

 

 
628,872

 
85,271

 
66,405

Corporate, other and eliminations(1)

 
19,545

 
250,438

 
269,983

 
(201,704
)
 
(130,382
)
Net investment gains

 

 
125,481

 
125,481

 
125,481

 
81,647

Consolidated
$
4,160,867

 
$
526,351

 
$
468,766

 
$
5,155,984

 
$
513,086

 
$
391,211

Identifiable Assets by Segments
Identifiable Assets
(In thousands)
December 31, 2013
 
December 31, 2012
Insurance-Domestic
$
15,247,807

 
$
14,661,476

Insurance-International
1,516,310

 
1,541,365

Reinsurance-Global
3,103,193

 
3,337,937

Corporate, other and eliminations(1)
684,486

 
615,118

Consolidated
$
20,551,796

 
$
20,155,896

_______________________________________
(1)
Corporate, other and eliminations represent corporate revenues and expenses and other items that are not allocated to business segments.
Net Premiums Earned By Major Line Of Business
Net premiums earned by major line of business are as follows:
(In thousands)
2013
 
2012
 
2011
Insurance-Domestic
 

 
 

 
 

Other liability
$
1,259,376

 
$
1,104,369

 
$
1,003,080

Workers' compensation
995,047

 
869,042

 
785,454

Short-tail lines
774,809

 
733,239

 
665,575

Commercial automobile
486,759

 
455,988

 
437,891

Professional liability
266,425

 
254,384

 
229,281

Total Insurance-Domestic
3,782,416

 
3,417,022

 
3,121,281

 
 
 
 
 
 
Insurance-International
 
 
 
 
 
Other liability
65,528

 
44,065

 
49,800

Workers' compensation
84,637

 
82,066

 
73,823

Short-tail lines
336,814

 
276,599

 
183,447

Commercial automobile
130,020

 
125,927

 
110,568

Professional liability
106,152

 
103,184

 
90,871

Total Insurance-International
723,151

 
631,841

 
508,509

 
 
 
 
 
 
Reinsurance-Global
 
 
 
 
 
Casualty
507,790

 
456,376

 
389,557

Property
213,180

 
168,277

 
141,520

Total Reinsurance-Global
720,970

 
624,653

 
531,077

Total
$
5,226,537

 
$
4,673,516

 
$
4,160,867