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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net earnings $ 125,420us-gaap_ProfitLoss $ 204,641us-gaap_ProfitLoss
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 42,083us-gaap_DepreciationAmortizationAndAccretionNet 34,406us-gaap_DepreciationAmortizationAndAccretionNet
Net realized capital (gains) losses (43,151)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments (96,836)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
Other than temporary impairment losses 52,281us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 5,220us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
(Increase) decrease in reinsurance recoverables, net of reinsurance payable 215us-gaap_IncreaseDecreaseInReinsuranceRecoverable 26,318us-gaap_IncreaseDecreaseInReinsuranceRecoverable
(Increase) decrease in premium balances receivable 44,282us-gaap_IncreaseDecreaseInPremiumsReceivable (113,005)us-gaap_IncreaseDecreaseInPremiumsReceivable
(Increase) decrease in ceded unearned premiums (12,756)us-gaap_IncreaseDecreaseInPrepaidReinsurancePremiums (12,011)us-gaap_IncreaseDecreaseInPrepaidReinsurancePremiums
(Increase) decrease in deferred acquisition costs (16,662)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts (23,658)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts
Increase (decrease) in unearned premiums 68,644us-gaap_IncreaseDecreaseInUnearnedPremiums 92,398us-gaap_IncreaseDecreaseInUnearnedPremiums
Increase (decrease) in loss and loss adjustment expenses (182,881)us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve (87,822)us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
Change in unrealized foreign exchange losses (gains) 154,741y_ForeignCurrencyTranslationGainLossUnrealized (18,543)y_ForeignCurrencyTranslationGainLossUnrealized
Other, net (14,895)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (126,845)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net adjustments 91,901us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (320,378)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by (used in) operating activities 217,321us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (115,737)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities    
Purchases of debt securities (2,122,464)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (1,744,739)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Purchases of equity securities (1,385,109)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity (704,290)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
Sales of debt securities 1,596,406us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt 1,668,560us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Maturities and redemptions of debt securities 353,149us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 244,451us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Sales of equity securities 1,132,816us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity 314,160us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
Net (purchase) sale in short-term investments 230,725us-gaap_PaymentsForProceedsFromShortTermInvestments 418,649us-gaap_PaymentsForProceedsFromShortTermInvestments
Purchases of property and equipment (10,609)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (12,019)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchase of subsidiary, net of cash acquired (43,900)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired  
Other, net 1,232us-gaap_PaymentsForProceedsFromOtherInvestingActivities (1,499)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash (used in) provided by investing activities (247,754)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 183,273us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities    
Treasury stock acquisitions (26,632)us-gaap_PaymentsForRepurchaseOfCommonStock (94,642)us-gaap_PaymentsForRepurchaseOfCommonStock
Other, net 7,344us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 8,929us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash (used in) provided by financing activities (19,288)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (85,713)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rate changes on cash (18,053)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 1,276us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net (decrease) increase in cash (67,774)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (16,901)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash at beginning of period 605,259us-gaap_Cash 498,315us-gaap_Cash
Cash at end of period 537,485us-gaap_Cash 481,414us-gaap_Cash
Cash paid during the period for:    
Interest paid 16,406us-gaap_InterestPaid 8,580us-gaap_InterestPaid
Income taxes paid (refunds received) $ (1,787)us-gaap_IncomeTaxesPaidNet $ 71,106us-gaap_IncomeTaxesPaidNet