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Consolidated Balance Sheet Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets [Abstract]    
Fixed maturity securities $ 12,745,436 $ 12,444,394
Loans receivable 141,699 150,866
Equity securities 384,519 376,697
Investment funds 1,179,310 1,170,040
Loans receivable 149,388 273,103
Real estate 986,810 936,367
Total investments 15,587,162 15,351,467
Cash and cash equivalents 837,515 763,631
Premiums and fees receivable 1,749,273 1,669,186
Due from reinsurers 1,558,749 1,532,829
Prepaid reinsurance premiums 429,058 394,387
Trading account receivables from brokers and clearing organizations 373,833 383,115
Deferred policy acquisition costs 547,519 513,128
Property, furniture and equipment 346,471 348,224
Federal and foreign income taxes 0 48,952
Goodwill 153,747 153,291
Accrued investment income 130,380 123,164
Other assets 517,227 442,782
Total assets 22,230,934 21,724,156
Liabilities:    
Reserves for losses and loss expenses 10,788,342 10,669,150
Unearned premiums 3,314,676 3,137,133
Due to reinsurers 256,838 224,752
Trading account securities sold but not yet purchased 35,956 37,035
Deferred Tax Liabilities, Net, Current 31,291 0
Other liabilities 754,292 837,937
Subordinated debentures 446,485 340,320
Senior notes and other debt 1,814,998 1,844,621
Total liabilities $ 17,442,878 $ 17,090,948
Equity:    
Authorized 5,000,000 shares; issued and outstanding - none
Authorized 500,000,000 shares, issued and outstanding, net of treasury shares, 122,599,552 and 123,307,837 shares, respectively $ 47,024 $ 47,024
Additional paid-in capital 1,013,572 1,005,455
Retained earnings 6,282,870 6,178,070
Accumulated other comprehensive income (loss) 8,124 (66,698)
Treasury stock, at cost, 112,518,366 and 111,810,081 shares, respectively 2,600,377 2,563,605
Total stockholders’ equity 4,751,213 4,600,246
Noncontrolling interests 36,843 32,962
Total equity 4,788,056 4,633,208
Total liabilities and equity $ 22,230,934 $ 21,724,156