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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS:    
Fixed maturities - available for sale, at market value (amortized cost: 2014, $5,750,381; 2013, $5,116,600) $ 5,900,397 $ 5,201,921
Fixed maturities - available for sale, at fair value   19,388
Equity securities - available for sale, at market value (cost: 2014, $15; 2013, $15) 15 13
Equity securities - available for sale, at fair value 1,247,792 1,298,940
Short-term investments 673,408 757,162
Other invested assets (cost: 2014, $392,951; 2013, $385,776) 392,951 385,776
Other invested assets, at fair value 1,559,958 1,515,052
Cash 227,033 316,807
Total investments and cash 10,001,554 9,495,059
Accrued investment income 51,380 50,306
Premiums receivable 1,256,740 1,173,780
Reinsurance receivables - unaffiliated 673,999 530,158
Reinsurance receivables - affiliated 3,284,249 3,062,884
Funds held by reinsureds 179,551 175,526
Deferred acquisition costs 104,516 112,024
Prepaid reinsurance premiums 773,401 673,753
Other assets 300,793 247,505
TOTAL ASSETS 16,626,183 15,520,995
LIABILITIES:    
Reserve for losses and loss adjustment expenses 7,657,561 7,653,229
Unearned premium reserve 1,418,445 1,317,147
Funds held under reinsurance treaties 96,754 92,514
Losses in the course of payment 502,639 350,820
Commission reserves 37,219 47,226
Other net payable to reinsurers 1,109,597 1,026,292
6.6% Long term notes due 5/1/2067 238,362 238,361
Accrued interest on debt and borrowings 6,133 4,781
Income taxes 83,675 23,949
Unsettled securities payable 72,534 53,772
Other liabilities 269,196 272,468
Total liabilities 12,142,099 11,330,517
Commitments and Contingencies (Note 6)      
STOCKHOLDER'S EQUITY:    
Common stock, par value: $0.01; 3,000 shares authorized; 1,000 shares issued and outstanding (2014 and 2013)      
Additional paid-in capital 357,537 351,051
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $70,069 at 2014 and $47,195 at 2013 130,128 87,648
Retained earnings 3,996,419 3,751,779
Total stockholder's equity 4,484,084 4,190,478
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 16,626,183 15,520,995
Senior Notes 4.868% [Member]
   
LIABILITIES:    
Senior notes due 400,000  
Senior Notes 5.4% [Member]
   
LIABILITIES:    
Senior notes due $ 249,984 $ 249,958