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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Available-for-sale securities at fair value:    
Equity securities (cost: 2016 - $2,816,572; 2015 - $2,740,984) $ 3,109,523 $ 3,005,908
Debt securities (amortized cost: 2016 - $12,927,103; 2015 - $13,529,923) 12,983,213 13,605,963
Short-term investments 778,410 365,810
Marketable Securities, Total 16,871,146 16,977,681
Other invested assets 645,245 676,811
Total investments 18,111,269 17,832,439
Cash 594,091 475,267
Accrued investment income 113,763 115,313
Premium balances receivable 743,692 752,103
Reinsurance recoverables 1,272,219 1,249,948
Ceded unearned premiums 201,023 190,368
Deferred acquisition costs 448,634 419,448
Property and equipment at cost, net of accumulated depreciation and amortization 112,920 101,306
Goodwill [1] 284,974 141,015
Intangible assets, net of amortization [1] 378,680 212,790
Current taxes receivable 25,950 12,129
Net deferred tax assets 354,852 468,440
Funds held under reinsurance agreements 591,602 234,549
Other assets 522,922 633,964
Total assets 23,756,591 22,839,079
Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity    
Loss and loss adjustment expenses 11,087,199 [2] 10,799,242
Unearned premiums 2,175,498 2,076,061
Senior Notes and other debt 1,476,489 1,419,363
Reinsurance payable 90,659 69,297
Other liabilities 912,081 894,690
Total liabilities 15,741,926 15,258,653
Redeemable noncontrolling interests 74,720 25,719
Common stock (shares authorized: 2016 and 2015 - 22,000,000; shares issued: 2016 and 2015 - 17,459,961) 17,460 17,460
Contributed capital 3,611,993 3,611,631
Accumulated other comprehensive income 109,284 116,273
Treasury stock, at cost (2016 - 2,049,797 shares; 2015 - 1,915,884 shares) (812,840) (747,784)
Retained earnings 5,014,048 4,557,127
Total stockholders' equity attributable to Alleghany stockholders 7,939,945 7,554,707
Total liabilities, redeemable noncontrolling interest and stockholders' equity 23,756,591 22,839,079
Commercial Mortgage Loan Portfolio    
Available-for-sale securities at fair value:    
Commercial mortgage loans $ 594,878 $ 177,947
[1] Goodwill and intangible assets have been reduced by amounts written-down in prior periods.
[2] Includes unallocated LAE, which aggregate to 1.3 percent of gross loss and LAE reserves as of December 31, 2016. Net loss and LAE Reserves by component are shown in the preceding tables, and consolidated gross loss and LAE reserves is presented in the Consolidated Balance Sheets.