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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Equity securities $ 2,163,350 $ 2,505,496
Debt securities 15,579,894 14,211,745
Short-term investments 636,130 914,776
Marketable Securities, Total 18,379,374 17,632,017
Commercial mortgage loans 691,881 686,206
Other invested assets 445,828 573,605
Total investments 19,517,083 18,891,828
Cash 1,230,579 1,179,098
Accrued investment income 94,938 96,516
Premium balances receivable 1,092,284 948,010
Reinsurance recoverables 1,696,996 1,681,962
Ceded unearned premiums 310,799 248,153
Deferred acquisition costs 574,662 522,577
Property and equipment at cost, net of accumulated depreciation and amortization 270,178 205,397
Goodwill 612,394 523,021
Intangible assets, net of amortization 799,010 685,953
Current taxes receivable 0 4,081
Net deferred tax assets 6,046 5,860
Funds held under reinsurance agreements 808,343 755,515
Other assets 1,439,259 1,183,633
Total assets 28,452,571 26,931,604
Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity    
Loss and loss adjustment expenses 12,681,515 11,928,359
Unearned premiums 2,888,553 2,566,170
Senior notes and other debt 2,041,610 1,751,113
Reinsurance payable 201,486 188,399
Current taxes payable 5,773 0
Other liabilities 1,800,360 1,516,076
Total liabilities 19,619,297 17,950,117
Redeemable noncontrolling interests 236,879 204,753
Common stock 17,460 17,460
Contributed capital 3,609,789 3,608,638
Accumulated other comprehensive income 375,310 171,350
Treasury stock (1,565,426) (1,455,877)
Retained earnings 6,159,262 6,435,163
Total stockholders’ equity attributable to Alleghany stockholders 8,596,395 8,776,734
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 28,452,571 $ 26,931,604