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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investments:    
Fixed maturity securities available for sale, at fair value (amortized cost - $9,426,612 in 2015 and $10,048,100 in 2014) $ 10,313,929 $ 11,263,174
Equity securities available for sale, at fair value (cost - $466,294 in 2015 and $434,875 in 2014) 522,903 499,407
Commercial mortgage loans on real estate, at amortized cost 1,233,230 1,272,616
Policy loans 44,742 48,272
Short-term investments 747,965 345,246
Collateral held/pledged under securities agreements 51,034 95,985
Other investments 585,799 606,752
Total investments 13,499,602 14,131,452
Cash and cash equivalents 1,543,936 1,318,656
Premiums and accounts receivable, net 1,274,333 1,445,630
Reinsurance recoverables 7,279,955 7,254,585
Accrued investment income 136,960 138,868
Deferred acquisition costs 3,126,301 2,957,740
Property and equipment, at cost less accumulated depreciation 286,751 277,645
Tax receivable 29,335 15,132
Goodwill 841,183 841,239
Value of business acquired 43,935 45,462
Other intangible assets, net 300,781 381,960
Other assets 468,669 847,860
Assets held in separate accounts 1,754,350 1,906,237
Total assets 30,586,091 [1] 31,562,466
Liabilities    
Future policy benefits and expenses 9,465,642 9,483,672
Unearned premiums 6,449,260 6,529,675
Claims and benefits payable 4,080,309 3,698,606
Commissions payable 435,772 487,322
Reinsurance balances payable 121,386 157,089
Funds held under reinsurance 93,745 75,161
Deferred gain on disposal of businesses 91,074 100,817
Obligation under securities agreements 51,034 95,986
Accounts payable and other liabilities 2,188,615 2,675,515
Debt 1,171,305 1,171,079
Liabilities related to separate accounts 1,754,350 1,906,237
Total liabilities $ 25,902,492 $ 26,381,159
Commitments and contingencies (Note 15)
Stockholders’ equity    
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 66,746,690 and 69,299,559 shares outstanding at September 30, 2015 and December 31, 2014, respectively $ 1,497 $ 1,490
Additional paid-in capital 3,138,801 3,131,274
Retained earnings 4,824,192 4,809,287
Accumulated other comprehensive income 246,038 555,767
Treasury stock, at cost; 82,598,071 and 79,338,142 shares at September 30, 2015 and December 31, 2014, respectively (3,526,929) (3,316,511)
Total stockholders’ equity 4,683,599 5,181,307
Total liabilities and stockholders’ equity $ 30,586,091 $ 31,562,466
[1] As of December 31, 2014, all goodwill on Assurant's balance sheet was held in the Corporate & Other segment. Beginning January 1, 2015, goodwill is included on the respective segment balance sheets.