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Consolidated Balance Sheet Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets [Abstract]    
Fixed maturity securities $ 13,616,671 $ 12,444,394
Loans receivable 158,975 150,866
Equity securities available for sale 602,965 376,697
Investment funds 1,231,700 1,170,040
Loans receivable 113,996 273,103
Real estate 1,108,482 936,367
Total investments 16,832,789 15,351,467
Cash and cash equivalents 873,064 763,631
Premiums and fees receivable 1,742,210 1,669,186
Due from reinsurers 1,692,779 1,532,829
Prepaid reinsurance premiums 429,850 394,387
Trading account receivables from brokers and clearing organizations 185,548 383,115
Deferred policy acquisition costs 564,663 513,128
Property, furniture and equipment 348,169 348,224
Federal and foreign income taxes 0 48,952
Goodwill 134,146 153,291
Accrued investment income 133,720 123,164
Other assets 408,718 442,782
Total assets 23,345,656 21,724,156
Liabilities:    
Reserves for losses and loss expenses 11,097,830 10,669,150
Unearned premiums 3,408,640 3,137,133
Due to reinsurers 261,622 224,752
Trading account securities sold but not yet purchased 60,959 37,035
Deferred Tax Liabilities, Net, Current 96,885 0
Other liabilities 968,019 837,937
Subordinated debentures 727,390 340,320
Senior notes and other debt 1,762,487 1,844,621
Total liabilities 18,383,832 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, 121,684,506 and 123,307,837 shares, respectively 47,024 47,024
Additional paid-in capital 1,027,465 1,005,455
Retained earnings 6,519,536 6,178,070
Accumulated other comprehensive loss (9,808) (66,698)
Treasury stock, at cost,113,433,412 and 111,810,081 shares, respectively 2,658,452 2,563,605
Total stockholders’ equity 4,925,765 4,600,246
Noncontrolling interests 36,059 32,962
Total equity 4,961,824 4,633,208
Total liabilities and equity $ 23,345,656 $ 21,724,156