XML 59 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Investments  
Fixed income securities - available for sale, at fair value (amortized cost: 2011 - $5,356,333; 2010 - $4,864,806)$ 5,651,189$ 4,999,440
Fixed income securities - held to maturity, at amortized cost (fair value: 2011 - $170,556; 2010 - $195,811)168,614193,668
Short-term investments, at cost, which approximates fair value197,986488,002
Other investments34,2975,985
Total investments6,052,0865,687,095
Cash93,13797,857
Restricted cash227,562148,547
Premium, claims and other receivables677,641635,867
Reinsurance recoverables1,071,2661,006,855
Ceded unearned premium231,537278,663
Ceded life and annuity benefits56,86858,409
Deferred policy acquisition costs225,190212,786
Goodwill873,375821,648
Other assets133,326116,355
Total assets9,641,9889,064,082
LIABILITIES  
Loss and loss adjustment expense payable3,686,5703,471,858
Life and annuity policy benefits56,86858,409
Reinsurance, premium and claims payable321,684345,730
Unearned premium1,071,3401,045,877
Deferred ceding commissions66,05972,565
Notes payable493,752298,637
Accounts payable and accrued liabilities678,576474,574
Total liabilities6,374,8495,767,650
SHAREHOLDERS' EQUITY  
Common stock, $1.00 par value; 250,000 shares authorized (shares issued: 2011 - 122,661 and 2010 - 120,942; outstanding: 2011 - 106,511 and 2010 - 114,968)122,661120,942
Additional paid-in capital998,585954,332
Retained earnings2,385,6382,257,895
Accumulated other comprehensive income202,01897,186
Treasury stock, at cost (shares: 2011 - 16,150 and 2010 - 5,974)(441,763)(133,923)
Total shareholders' equity3,267,1393,296,432
Total liabilities and shareholders' equity$ 9,641,988$ 9,064,082