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Consolidated Balance Sheet Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets [Abstract]    
Fixed maturity securities $ 12,954,922 $ 12,444,394
Loans receivable 286,652 150,866
Equity securities available for sale 496,522 376,697
Investment funds 1,205,133 1,170,040
Loans receivable 142,858 273,103
Real estate 1,024,102 936,367
Total investments 16,110,189 15,351,467
Cash and cash equivalents 948,710 763,631
Premiums and fees receivable 1,843,386 1,669,186
Due from reinsurers 1,602,750 1,532,829
Prepaid reinsurance premiums 450,199 394,387
Trading account receivables from brokers and clearing organizations 349,223 383,115
Deferred policy acquisition costs 563,842 513,128
Property, furniture and equipment 346,024 348,224
Federal and foreign income taxes 0 48,952
Goodwill 154,327 153,291
Accrued investment income 127,027 123,164
Other assets 530,186 442,782
Total assets 23,025,863 21,724,156
Liabilities:    
Reserves for losses and loss expenses 10,897,876 10,669,150
Unearned premiums 3,417,068 3,137,133
Due to reinsurers 246,490 224,752
Trading account securities sold but not yet purchased 120,663 37,035
Deferred Tax Liabilities, Net, Current 40,162 0
Other liabilities 828,787 837,937
Subordinated debentures 727,242 340,320
Senior notes and other debt 1,808,522 1,844,621
Total liabilities 18,086,810 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, 122,641,527 and 123,307,837 shares, respectively 47,024 47,024
Additional paid-in capital 1,021,614 1,005,455
Retained earnings 6,375,893 6,178,070
Accumulated other comprehensive income (loss) 57,282 (66,698)
Treasury stock, at cost, 112,476,391 and 111,810,081 shares, respectively 2,599,312 2,563,605
Total stockholders’ equity 4,902,501 4,600,246
Noncontrolling interests 36,552 32,962
Total equity 4,939,053 4,633,208
Total liabilities and equity $ 23,025,863 $ 21,724,156