AXIS Capital Holdings Limited(NYSE:AXS) 
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, cons...
Website: http://www.axiscapital.com
Founded: 2001
Full Time Employees: 1,667
Sector: Financial Services
Industry: Insurance-Property & Casualty
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Quarterly
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| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 |
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revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net premiums earned | 1,528,476,000 | 1,451,883,000 | 1,393,431,000 | 1,340,820,000 | 1,377,014,000 | 1,366,701,000 | 1,304,478,000 | 1,258,041,000 | 1,265,273,000 | 1,322,564,000 | 1,265,745,000 | 1,230,199,000 | 1,340,163,000 | 1,284,866,000 | 1,277,052,000 | 1,258,246,000 | 1,237,760,000 | 1,211,427,000 | 1,156,941,000 | 1,103,722,000 | 1,087,368,000 | 1,091,312,000 | 1,104,003,000 | 1,088,625,000 | 1,172,052,000 | 1,157,307,000 | 1,123,607,000 | 1,134,212,000 | 1,214,469,000 | 1,224,075,000 | 1,185,548,000 | 1,167,402,000 | 1,211,495,000 | 1,017,131,000 | 981,431,000 | 938,703,000 | 921,879,000 | 934,415,000 | 946,990,000 | 902,340,000 | 921,812,000 | 919,341,000 | 941,211,000 | 906,222,000 | 958,517,000 | 966,138,000 | 1,000,400,000 | 945,949,000 | 941,911,000 | 945,242,000 | 945,873,000 | 874,039,000 | 856,049,000 | 862,447,000 | 850,603,000 | 846,362,000 | 846,754,000 | 839,992,000 | 840,014,000 | 788,201,000 | 757,318,000 | 758,873,000 | 735,027,000 | 696,192,000 | 713,610,000 | 706,025,000 | 706,770,000 | 665,359,000 | 658,286,000 | 689,970,000 | 680,291,000 | 658,634,000 | 669,320,000 | 685,845,000 | 693,941,000 | 685,304,000 | 688,797,000 | 692,780,000 | 679,099,000 | 633,594,000 | -1,864,263,317 | 616,814,000 | 624,413,000 | 625,590,000 | 369,862,250 | 521,798,000 | 486,403,000 | 471,248,000 | 258,871,250 | 397,466,000 | 335,592,000 |
net investment income | 186,992,000 | 184,903,000 | 187,297,000 | 207,713,000 | 195,771,000 | 205,100,000 | 190,975,000 | 167,383,000 | 186,940,000 | 154,201,000 | 136,829,000 | 133,771,000 | 147,085,000 | 88,177,000 | 92,214,000 | 91,355,000 | 128,127,000 | 107,339,000 | 104,672,000 | 114,165,000 | 109,503,000 | 101,956,000 | 45,040,000 | 93,101,000 | 117,558,000 | 115,763,000 | 137,949,000 | 107,303,000 | 113,127,000 | 114,421,000 | 109,960,000 | 100,999,000 | 100,906,000 | 95,169,000 | 106,063,000 | 98,664,000 | 95,517,000 | 116,923,000 | 91,730,000 | 49,164,000 | 79,000,000 | 45,685,000 | 88,544,000 | 92,110,000 | 78,595,000 | 66,562,000 | 114,867,000 | 82,744,000 | 113,862,000 | 103,429,000 | 83,112,000 | 108,908,000 | 86,847,000 | 103,638,000 | 74,449,000 | 116,023,000 | 102,362,000 | 49,396,000 | 100,018,000 | 110,655,000 | 107,888,000 | 111,800,000 | 82,584,000 | 104,619,000 | 118,178,000 | 134,788,000 | 112,220,000 | 99,292,000 | -26,012,000 | 50,583,000 | 137,015,000 | 85,651,000 | 125,000,000 | 118,908,000 | 113,685,000 | 125,280,000 | 123,082,000 | 98,787,000 | 91,663,000 | 93,568,000 | -177,517,288 | 67,015,000 | 58,001,000 | 52,758,000 | 26,155,250 | 40,017,000 | 33,345,000 | 31,259,000 | 11,649,500 | 19,342,000 | 15,904,000 |
other insurance related income | 4,381,000 | 6,593,000 | 8,662,000 | 3,578,000 | 7,017,000 | 6,838,000 | 8,526,000 | 8,340,000 | 6,051,000 | 10,344,000 | 5,524,000 | 577,000 | 3,075,000 | 1,092,000 | 2,213,000 | 6,693,000 | 7,033,000 | 7,665,000 | 5,817,000 | 2,781,000 | -2,819,000 | 1,440,000 | 1,996,000 | -8,707,000 | 5,059,000 | 1,533,000 | 2,925,000 | 6,929,000 | -8,189,000 | 8,475,000 | 3,730,000 | 6,606,000 | 3,180,000 | -3,197,000 | 2,560,000 | 2,372,000 | 5,944,000 | -892,000 | -203,000 | -15,272,000 | 1,158,000 | 3,486,000 | 7,676,000 | -11,818,000 | 7,702,000 | 1,683,000 | 3,082,000 | 2,668,000 | 725,000 | 435,000 | 595,000 | 792,000 | 953,000 | 299,000 | 631,000 | 349,000 | 1,156,000 | 126,000 | 763,000 | 346,000 | 884,000 | 217,000 | 626,000 | -9,395,000 | -19,594,000 | -13,806,000 | -7,269,000 | 2,002,000 | 273,000 | 1,005,000 | 693,000 | 1,940,000 | 1,027,000 | 804,000 | 438,000 | 624,000 | 236,000 | 1,912,500 | 7,206,000 | 156,000 | 288,000 | 4,939,000 | 8,548,000 | 10,102,000 | |||||||
net investment gains: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in allowance for expected credit losses | 6,277,000 | -5,475,000 | -2,332,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses | 121,000 | -63,000 | -400,000 | -1,926,000 | -230,000 | -14,000 | -156,000 | -8,000 | -3,633,000 | -41,000 | -9,083,000 | -5,494,000 | -6,491,000 | -473,000 | -109,000 | -22,000 | -184,000 | -112,000 | -1,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other realized and unrealized investment gains | 8,187,000 | 36,443,000 | 46,200,000 | -25,350,000 | -106,896,000 | 33,330,000 | -40,360,000 | -13,863,000 | 30,540,000 | -54,150,000 | -15,641,000 | -35,834,000 | -136,757,000 | -165,879,000 | -94,329,000 | 20,324,000 | 11,269,000 | 73,143,000 | 29,556,000 | 81,181,000 | 52,034,000 | 39,394,000 | -41,668,000 | 43,367,000 | 15,985,000 | 22,059,000 | 16,803,000 | -70,568,000 | -12,082,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net investment gains | 14,585,000 | 30,905,000 | 43,468,000 | -30,005,000 | -108,031,000 | 32,182,000 | -53,479,000 | -9,207,000 | 23,041,000 | -53,114,000 | -24,370,000 | -42,558,000 | -146,458,000 | -173,263,000 | -94,508,000 | 20,411,000 | 10,932,000 | 73,293,000 | 29,645,000 | 83,356,000 | 55,609,000 | 53,043,000 | -62,877,000 | 42,711,000 | 14,527,000 | 21,225,000 | 12,767,000 | -72,667,000 | -17,628,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 1,734,434,000 | 1,674,284,000 | 1,632,858,000 | 1,522,106,000 | 1,471,771,000 | 1,610,821,000 | 1,450,500,000 | 1,424,557,000 | 1,481,305,000 | 1,433,995,000 | 1,383,728,000 | 1,344,357,000 | 1,447,765,000 | 1,227,677,000 | 1,198,216,000 | 1,261,786,000 | 1,393,331,000 | 1,337,363,000 | 1,340,723,000 | 1,250,313,000 | 1,277,408,000 | 1,250,317,000 | 1,204,082,000 | 1,110,142,000 | 1,337,380,000 | 1,289,130,000 | 1,285,706,000 | 1,261,211,000 | 1,246,740,000 | 1,329,343,000 | 1,254,145,000 | 1,260,177,000 | 1,358,618,000 | 1,123,735,000 | 1,100,706,000 | 1,008,534,000 | 999,538,000 | 1,062,487,000 | 1,058,838,000 | 884,793,000 | 970,667,000 | 1,176,227,000 | 1,022,131,000 | 963,455,000 | 1,036,073,000 | 1,117,850,000 | 1,150,211,000 | 1,042,395,000 | 1,078,001,000 | 1,044,688,000 | 1,045,655,000 | 1,028,020,000 | 975,458,000 | 1,017,841,000 | 955,756,000 | 977,507,000 | 945,727,000 | 948,101,000 | 977,635,000 | 929,763,000 | 943,325,000 | 948,088,000 | 842,447,000 | 817,613,000 | 867,557,000 | 451,710,000 | 781,051,000 | 714,659,000 | 579,255,000 | 637,668,000 | 811,589,000 | 781,972,000 | 805,371,000 | 804,566,000 | 803,663,000 | 812,825,000 | 809,632,000 | 790,649,000 | 761,423,000 | 716,857,000 | -2,030,522,602 | 677,630,000 | 678,794,000 | 676,887,000 | 400,284,500 | 572,753,000 | 515,493,000 | 512,892,000 | 280,757,250 | 419,643,000 | 377,303,000 |
yoy | 17.85% | 3.94% | 12.57% | 6.85% | -0.64% | 12.33% | 4.83% | 5.97% | 2.32% | 16.81% | 15.48% | 6.54% | 3.91% | -8.20% | -10.63% | 0.92% | 9.07% | 6.96% | 11.35% | 12.63% | -4.48% | -3.01% | -6.35% | -11.98% | 7.27% | -3.03% | 2.52% | 0.08% | -8.23% | 18.30% | 13.94% | 24.95% | 35.92% | 5.76% | 3.95% | 13.99% | 2.97% | -9.67% | 3.59% | -8.16% | -6.31% | 5.22% | -11.14% | -7.57% | -3.89% | 7.00% | 10.00% | 1.40% | 10.51% | 2.64% | 9.41% | 5.17% | 3.14% | 7.36% | -2.24% | 5.14% | 0.25% | 0.00% | 16.05% | 13.72% | 8.73% | 109.89% | 7.86% | 14.41% | 49.77% | -29.16% | -3.76% | -8.61% | -28.08% | -20.74% | 0.99% | -3.80% | -0.53% | 1.76% | 5.55% | 13.39% | -139.87% | 16.68% | 12.17% | 5.90% | -607.27% | 18.31% | 31.68% | 31.97% | 42.57% | 36.49% | 36.63% | ||||
qoq | 3.59% | 2.54% | 7.28% | 3.42% | -8.63% | 11.05% | 1.82% | -3.83% | 3.30% | 3.63% | 2.93% | -7.14% | 17.93% | 2.46% | -5.04% | -9.44% | 4.18% | -0.25% | 7.23% | -2.12% | 2.17% | 3.84% | 8.46% | -16.99% | 3.74% | 0.27% | 1.94% | 1.16% | -6.21% | 6.00% | -0.48% | -7.25% | 20.90% | 2.09% | 9.14% | 0.90% | -5.92% | 0.34% | 19.67% | -8.85% | -17.48% | 15.08% | 6.09% | -7.01% | -7.32% | -2.81% | 10.34% | -3.30% | 3.19% | -0.09% | 1.72% | 5.39% | -4.16% | 6.50% | -2.23% | 3.36% | -0.25% | -3.02% | 5.15% | -1.44% | -0.50% | 12.54% | 3.04% | -5.76% | 92.06% | -42.17% | 9.29% | 23.38% | -9.16% | -21.43% | 3.79% | -2.91% | 0.10% | 0.11% | -1.13% | 0.39% | 2.40% | 3.84% | 6.22% | -135.30% | -399.65% | -0.17% | 0.28% | 69.10% | -30.11% | 11.11% | 0.51% | 82.68% | -33.10% | 11.22% | |
expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net losses and loss expenses | 859,427,000 | 841,435,000 | 801,754,000 | 785,925,000 | 831,955,000 | 831,872,000 | 765,988,000 | 728,671,000 | 1,152,262,000 | 783,940,000 | 736,257,000 | 720,642,000 | 611,049,000 | 941,911,000 | 769,587,000 | 732,699,000 | 716,224,000 | 911,369,000 | 666,473,000 | 714,718,000 | 616,003,000 | 879,677,000 | 908,073,000 | 546,850,750 | 850,913,000 | 672,463,000 | 540,736,250 | 794,959,000 | 706,641,000 | 661,345,000 | 611,910,000 | 1,235,367,000 | 606,942,000 | 415,896,000 | 532,328,000 | 632,294,000 | 498,962,000 | 523,331,000 | 560,387,000 | 580,153,000 | 518,937,000 | 544,207,000 | 438,414,000 | 355,245,250 | 442,652,000 | 467,637,000 | 510,690,000 | 583,454,000 | 506,839,000 | 564,959,000 | 1,019,801,000 | 274,149,500 | 365,958,000 | ||||||||||||||||||||||||||||||||||||||
acquisition costs | 310,375,000 | 285,618,000 | 275,897,000 | 264,581,000 | 276,271,000 | 274,935,000 | 265,091,000 | 254,254,000 | 253,918,000 | 263,389,000 | 253,265,000 | 230,373,000 | 275,574,000 | 240,511,000 | 257,582,000 | 248,352,000 | 252,180,000 | 231,712,000 | 219,070,000 | 218,871,000 | 231,801,000 | 230,564,000 | 228,502,000 | 238,650,000 | 261,775,000 | 260,026,000 | 242,363,000 | 260,418,000 | 259,308,000 | 248,314,000 | 231,952,000 | 229,260,000 | 234,712,000 | 194,724,000 | 204,361,000 | 189,792,000 | 187,306,000 | 189,810,000 | 189,125,000 | 180,635,000 | 180,563,000 | 182,744,000 | 183,263,000 | 171,702,000 | 187,349,000 | 185,950,000 | 191,862,000 | 172,036,000 | 175,299,000 | 173,682,000 | 169,719,000 | 145,491,000 | 144,064,000 | 158,796,000 | 156,397,000 | 168,397,000 | 157,372,000 | 146,836,000 | 147,905,000 | 135,356,000 | 124,098,000 | 123,788,000 | 124,176,000 | 116,649,000 | 101,787,000 | 113,423,000 | 103,309,000 | 101,976,000 | 83,916,000 | 90,333,000 | 97,780,000 | 94,480,000 | 90,574,000 | 100,039,000 | 95,745,000 | 98,139,000 | 91,808,000 | 103,615,000 | 101,832,000 | 89,704,000 | -240,870,617 | 64,436,000 | 85,471,000 | 91,301,000 | 50,418,500 | 79,222,000 | 65,491,000 | 56,963,000 | 43,687,500 | 65,770,000 | 55,945,000 |
general and administrative expenses | 212,053,000 | 171,637,000 | 161,078,000 | 159,163,000 | 189,186,000 | 165,203,000 | 148,441,000 | 163,373,000 | 169,850,000 | 179,283,000 | 168,503,000 | 166,811,000 | 187,471,000 | 158,245,000 | 165,586,000 | 169,041,000 | 184,484,000 | 157,960,000 | 162,452,000 | 158,408,000 | 143,252,000 | 138,823,000 | 140,652,000 | 157,060,000 | 138,823,000 | 155,522,000 | 165,395,000 | 175,091,000 | 137,445,000 | 154,894,000 | 165,213,000 | 169,837,000 | 145,724,000 | 124,629,000 | 147,816,000 | 161,260,000 | 163,163,000 | 142,906,000 | 146,746,000 | 149,901,000 | 140,370,000 | 144,727,000 | 148,482,000 | 163,517,000 | 165,151,000 | 152,916,000 | 151,081,000 | 152,729,000 | 144,183,000 | 140,699,000 | 149,034,000 | 141,475,000 | 141,386,000 | 134,611,000 | 161,331,000 | 123,652,000 | 109,989,000 | 114,537,000 | 118,105,000 | 116,520,000 | 140,619,000 | 103,435,000 | 106,062,000 | 99,769,000 | 104,642,000 | 92,009,000 | 86,949,000 | 86,557,000 | 87,333,000 | 86,722,000 | 82,953,000 | 78,750,000 | 92,838,000 | 79,813,000 | 68,574,000 | 62,606,000 | 86,858,000 | 68,470,000 | 57,657,000 | 55,411,000 | -155,122,158 | 44,237,000 | 56,796,000 | 54,302,000 | 33,012,000 | 47,537,000 | 42,623,000 | 41,888,000 | 17,117,750 | 25,174,000 | 21,719,000 |
foreign exchange losses | 3,555,000 | -13,492,000 | 94,885,000 | 57,034,000 | -112,090,000 | 92,204,000 | -7,384,000 | -23,552,000 | 30,104,000 | 8,710,000 | -57,000,000 | -44,273,000 | 4,631,000 | -28,032,000 | 19,602,000 | 4,113,000 | 72,309,000 | 60,734,000 | 9,709,000 | -61,683,000 | 52,827,000 | -59,543,000 | 7,056,000 | -31,231,000 | 8,305,000 | -44,099,000 | 37,860,000 | 44,644,000 | 32,510,000 | 36,118,000 | 21,465,000 | -56,602,000 | 616,000 | 22,108,000 | -63,220,000 | -46,086,000 | -72,292,000 | 9,705,000 | 4,233,000 | 14,484,000 | 56,860,000 | -34,882,000 | 21,300,000 | 23,927,000 | -36,162,000 | 20,447,000 | -17,328,000 | -60,830,000 | 18,517,000 | 15,058,000 | -5,120,000 | 24,961,000 | -27,229,000 | -2,018,000 | 6,784,000 | 24,184,000 | 6,564,000 | 2,738,000 | -52,316,910 | 1,727,000 | 27,226,000 | 23,418,000 | |||||||||||||||||||||||||||||
interest expense and financing costs | 16,843,000 | 16,657,000 | 16,586,000 | 16,572,000 | 16,761,000 | 16,849,000 | 17,010,000 | 17,147,000 | 18,344,000 | 16,445,000 | 16,738,000 | 16,894,000 | 16,426,000 | 15,915,000 | 15,241,000 | 15,564,000 | 15,543,000 | 15,954,000 | 15,235,000 | 15,571,000 | 15,408,000 | 15,574,000 | 20,595,000 | 23,472,000 | 18,562,000 | 18,042,000 | 15,607,000 | 15,895,000 | 16,674,000 | 16,897,000 | 17,098,000 | 16,763,000 | 16,434,000 | 12,835,000 | 12,751,000 | 12,791,000 | 12,774,000 | 12,839,000 | 12,914,000 | 12,833,000 | 12,849,000 | 12,918,000 | 12,939,000 | 12,257,000 | 17,782,000 | 20,344,000 | 19,975,000 | 16,594,000 | 15,624,000 | 15,260,000 | 15,260,000 | 15,834,000 | 15,498,000 | 15,558,000 | 15,170,000 | 15,636,000 | 15,616,000 | 15,677,000 | 15,445,000 | 15,860,000 | 15,691,000 | 15,800,000 | 15,697,000 | 8,688,000 | 8,162,000 | 7,977,000 | 7,971,000 | 7,921,000 | 7,884,000 | 7,941,000 | 7,890,000 | 7,958,000 | 7,912,000 | 13,929,000 | 14,169,000 | 15,144,000 | |||||||||||||||
reorganization expenses | 14,014,000 | 12,299,000 | 28,997,000 | 9,485,000 | 6,213,000 | 15,728,000 | 7,059,000 | 1,413,000 | 392,000 | -982,000 | 18,772,000 | 13,054,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 2,396,000 | 2,396,000 | 2,396,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 2,729,000 | 3,261,000 | 3,149,000 | 3,324,000 | 2,690,000 | 2,826,000 | 2,838,000 | 2,855,000 | 2,870,000 | 2,853,000 | 2,831,000 | 2,912,000 | 3,003,000 | 5,250,000 | 1,753,000 | 4,029,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 1,404,649,000 | 1,304,251,000 | 1,352,596,000 | 1,286,004,000 | 1,204,812,000 | 1,383,792,000 | 1,205,889,000 | 1,154,921,000 | 1,666,973,000 | 1,224,213,000 | 1,207,596,000 | 1,146,159,000 | 1,368,888,000 | 1,229,864,000 | 1,169,453,000 | 1,124,112,000 | 1,177,094,000 | 1,293,140,000 | 1,087,184,000 | 1,115,399,000 | 1,290,923,000 | 1,330,651,000 | 1,080,251,000 | 1,269,259,000 | 1,342,365,000 | 1,243,374,000 | 1,096,829,000 | 1,153,415,000 | 1,456,400,000 | 1,280,440,000 | 1,153,013,000 | 1,188,011,000 | 1,355,041,000 | 1,606,035,000 | 1,006,378,000 | 992,250,000 | 852,342,000 | 864,088,000 | 924,477,000 | 842,947,000 | 824,001,000 | 918,555,000 | 946,945,000 | 803,193,000 | 848,821,000 | 838,982,000 | 938,452,000 | 889,799,000 | 900,950,000 | 888,023,000 | 966,592,000 | 706,332,000 | 997,295,000 | 775,544,000 | 764,373,000 | 838,822,000 | 849,103,000 | 723,059,000 | 864,931,000 | 1,302,595,000 | 658,633,000 | 690,138,000 | 622,076,000 | 685,221,000 | 559,085,000 | 531,302,000 | 600,665,000 | 584,064,000 | 430,623,000 | 882,900,000 | 566,904,000 | 522,572,000 | 481,521,000 | 514,772,000 | 530,328,000 | 566,295,000 | 509,160,000 | 549,020,000 | 520,885,000 | 502,594,000 | -2,172,896,109 | 1,154,030,000 | 500,164,000 | 521,389,000 | 320,961,500 | 568,875,000 | 372,377,000 | 342,596,000 | 187,510,000 | 270,550,000 | 260,429,000 |
income before income taxes and interest in income of equity method investments | 329,785,000 | 370,033,000 | 280,262,000 | 236,102,000 | 266,959,000 | 227,029,000 | 244,611,000 | 269,636,000 | -185,668,000 | 209,782,000 | 176,132,000 | 198,198,000 | 78,877,000 | -2,187,000 | 28,763,000 | 137,674,000 | 216,237,000 | 44,223,000 | 253,539,000 | 134,914,000 | -13,515,000 | -80,334,000 | 123,831,000 | -159,117,000 | -4,985,000 | 45,756,000 | 188,877,000 | 107,796,000 | -209,660,000 | 48,903,000 | 101,132,000 | 72,166,000 | 3,577,000 | -482,300,000 | 94,328,000 | 16,284,000 | 147,196,000 | 198,399,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -45,959,000 | -70,252,000 | -56,199,000 | -44,322,000 | 19,410,000 | -47,922,000 | -40,547,000 | 124,654,000 | -17,019,500 | -24,624,000 | -27,558,000 | -27,341,000 | 363,000 | 4,965,000 | -12,557,000 | -1,186,000 | -20,776,000 | 6,291,000 | 12,056,000 | 4,867,000 | 158,000 | -8,147,000 | -14,469,000 | -1,234,000 | 25,921,000 | 3,525,000 | -996,000 | 1,036,000 | -31,005,000 | 25,877,000 | 3,333,000 | 9,337,000 | -6,540,000 | 2,381,750 | -4,098,000 | 9,500,000 | -4,662,000 | 6,196,250 | 7,082,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
interest in income of equity method investments | 5,783,000 | 2,083,000 | -705,000 | 2,291,000 | 7,264,000 | 1,621,000 | 7,900,000 | 1,169,000 | 1,328,000 | 2,940,000 | 2,100,000 | -2,205,000 | -3,045,000 | -7,560,000 | 1,050,000 | 11,550,000 | 1,213,000 | 11,911,000 | 9,799,000 | 9,162,000 | 9,967,000 | 2,896,000 | 7,102,000 | -23,577,000 | 4,073,000 | 792,000 | 2,635,000 | 2,219,000 | -4,052,000 | 1,667,000 | 3,378,000 | -5,766,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 289,609,000 | 301,864,000 | 223,358,000 | 194,071,000 | 293,633,000 | 180,728,000 | 211,964,000 | 395,459,000 | -142,578,000 | 188,098,000 | 150,674,000 | 180,097,000 | 48,491,000 | -9,384,000 | 34,778,000 | 149,200,000 | 204,893,000 | 54,948,000 | 235,473,000 | 123,300,000 | 2,743,000 | -65,382,000 | 120,040,000 | -177,827,000 | -754,000 | 38,401,000 | 177,043,000 | 108,781,000 | -187,791,000 | 54,095,000 | 103,514,000 | 73,202,000 | -27,428,000 | -457,084,000 | 95,686,000 | 19,855,000 | 148,908,000 | 186,613,000 | 129,460,000 | 48,386,000 | 144,793,000 | 257,642,000 | 73,371,000 | 160,952,000 | 170,871,000 | 282,966,000 | 202,259,000 | 148,471,000 | 181,549,000 | 150,635,000 | 83,725,000 | 311,557,000 | -9,810,000 | 232,148,000 | 189,066,000 | 135,837,000 | 89,283,000 | 221,277,000 | 110,287,000 | -374,541,000 | 273,562,000 | 248,060,000 | 214,071,000 | 121,031,000 | 291,282,000 | -86,674,000 | 168,380,000 | 124,898,000 | 140,077,000 | -240,128,000 | 240,486,000 | 246,941,000 | 315,302,000 | 279,117,000 | 260,816,000 | 236,783,000 | 290,170,000 | 235,448,000 | 232,626,000 | 204,816,000 | 143,525,440 | -468,075,000 | 172,845,000 | 151,799,000 | 78,480,750 | 6,279,000 | 140,856,000 | 166,786,000 | 92,963,500 | 146,982,000 | 117,754,000 |
yoy | -1.37% | 67.03% | 5.38% | -50.93% | -305.95% | -3.92% | 40.68% | 119.58% | -394.03% | -2104.45% | 333.25% | 20.71% | -76.33% | -117.08% | -85.23% | 21.01% | 7369.67% | -184.04% | 96.16% | -169.34% | -463.79% | -270.26% | -32.20% | -263.47% | -99.60% | -29.01% | 71.03% | 48.60% | 584.67% | -111.83% | 8.18% | 268.68% | -118.42% | -344.94% | -26.09% | -58.97% | 2.84% | -27.57% | 76.45% | -69.94% | -15.26% | -8.95% | -63.72% | 8.41% | -5.88% | 87.85% | 141.58% | -52.35% | -1950.65% | -35.11% | -55.72% | 129.36% | -110.99% | 4.91% | 71.43% | -136.27% | -67.36% | -10.80% | -48.48% | -409.46% | -6.08% | -386.20% | 27.14% | -3.10% | 107.94% | -63.91% | -29.98% | -49.42% | -55.57% | -186.03% | -7.79% | 4.29% | 8.66% | 18.55% | 12.12% | 15.61% | 102.17% | -150.30% | 34.59% | 34.93% | 82.88% | -7554.61% | 22.71% | -8.99% | -15.58% | -95.73% | 19.62% | ||||
qoq | -4.06% | 35.15% | 15.09% | -33.91% | 62.47% | -14.74% | -46.40% | -377.36% | -175.80% | 24.84% | -16.34% | 271.40% | -616.74% | -126.98% | -76.69% | -27.18% | 272.89% | -76.66% | 90.98% | 4395.08% | -104.20% | -154.47% | -167.50% | 23484.48% | -101.96% | -78.31% | 62.75% | -157.93% | -447.15% | -47.74% | 41.41% | -366.89% | -94.00% | -577.69% | 381.92% | -86.67% | -20.20% | 44.15% | 167.56% | -66.58% | -43.80% | 251.15% | -54.41% | -5.80% | -39.61% | 39.90% | 36.23% | -18.22% | 20.52% | 79.92% | -73.13% | -3275.91% | -104.23% | 22.79% | 39.19% | 52.14% | -59.65% | 100.64% | -129.45% | -236.91% | 10.28% | 15.88% | 76.87% | -58.45% | -436.07% | -151.48% | 34.81% | -10.84% | -158.33% | -199.85% | -2.61% | -21.68% | 12.96% | 7.02% | 10.15% | -18.40% | 23.24% | 1.21% | 13.58% | 42.70% | -130.66% | -370.81% | 13.86% | 93.42% | 1149.89% | -95.54% | -15.55% | 79.41% | -36.75% | 24.82% | |
net income margin % | 16.70% | 18.03% | 13.68% | 12.75% | 19.95% | 11.22% | 14.61% | 27.76% | -9.63% | 13.12% | 10.89% | 13.40% | 3.35% | -0.76% | 2.90% | 11.82% | 14.71% | 4.11% | 17.56% | 9.86% | 0.21% | -5.23% | 9.97% | -16.02% | -0.06% | 2.98% | 13.77% | 8.63% | -15.06% | 4.07% | 8.25% | 5.81% | -2.02% | -40.68% | 8.69% | 1.97% | 14.90% | 17.56% | 12.23% | 5.47% | 14.92% | 21.90% | 7.18% | 16.71% | 16.49% | 25.31% | 17.58% | 14.24% | 16.84% | 14.42% | 8.01% | 30.31% | -1.01% | 22.81% | 19.78% | 13.90% | 9.44% | 23.34% | 11.28% | -40.28% | 29.00% | 26.16% | 25.41% | 14.80% | 33.57% | -19.19% | 21.56% | 17.48% | 24.18% | -37.66% | 29.63% | 31.58% | 39.15% | 34.69% | 32.45% | 29.13% | 35.84% | 29.78% | 30.55% | 28.57% | -7.07% | -69.08% | 25.46% | 22.43% | 19.61% | 1.10% | 27.32% | 32.52% | 33.11% | 35.03% | 31.21% |
preferred share dividends | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 7,562,000 | 7,563,000 | 7,563,000 | 7,563,000 | 9,143,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 10,656,000 | 14,841,000 | 16,691,000 | 9,969,000 | 9,969,000 | 9,969,000 | 10,003,000 | 10,022,000 | 10,022,000 | 10,022,000 | 10,022,000 | 10,022,000 | 10,022,000 | 10,022,000 | 10,022,000 | 13,514,000 | 8,197,000 | 8,741,000 | 8,741,000 | 8,741,000 | 11,527,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,218,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,218,000 | 9,219,000 | 9,219,000 | 9,219,000 | 9,218,000 | 9,219,000 | 9,219,000 | 9,202,000 | 9,142,000 | |||||||||||||||||
net income available to common shareholders | 282,047,000 | 294,301,000 | 215,795,000 | 186,508,000 | 286,071,000 | 173,165,000 | 204,401,000 | 387,896,000 | 143,111,000 | 172,534,000 | 27,215,000 | 141,637,000 | 73,064,500 | 27,745,000 | 166,387,000 | 98,125,000 | 92,858,000 | 62,546,000 | -38,084,000 | -467,740,000 | 85,030,000 | 5,014,000 | 130,908,000 | 176,644,000 | 119,491,000 | 38,417,000 | 134,790,000 | 247,620,000 | 63,349,000 | 155,803,000 | 163,665,000 | 279,104,000 | 190,664,000 | 137,227,000 | 171,527,000 | 137,121,000 | 72,447,000 | 302,816,000 | -18,551,000 | 223,407,000 | 168,152,000 | 121,997,000 | 80,064,000 | 212,058,000 | 101,068,000 | -383,760,000 | 264,343,000 | 238,842,000 | 204,852,000 | 111,812,000 | 282,063,000 | -95,892,000 | 159,161,000 | 115,679,000 | 130,858,000 | -249,346,000 | 231,267,000 | 237,722,000 | 306,100,000 | 269,975,000 | 251,590,000 | 227,579,000 | 280,958,000 | 226,222,000 | 223,400,000 | 195,185,000 | |||||||||||||||||||||||||
per share data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | 3.71 | 3.79 | 2.75 | 2.3 | 3.42 | 2.06 | 2.42 | 4.57 | -1.77 | 2.12 | 1.68 | 2.03 | 0.48 | -0.2 | 0.32 | 1.67 | 2.33 | 0.56 | 2.69 | 1.37 | -0.06 | -0.87 | 1.33 | -2.2 | -0.11 | 0.33 | 1.98 | 1.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per diluted common share | 3.65 | 3.74 | 2.72 | 2.26 | 3.38 | 2.04 | 2.4 | 4.53 | -1.75 | 2.1 | 1.67 | 2.01 | 0.48 | -0.2 | 0.32 | 1.65 | 2.31 | 0.56 | 2.67 | 1.36 | -0.06 | -0.87 | 1.33 | -2.2 | -0.12 | 0.33 | 1.97 | 1.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 78,192 | 77,619 | 78,378 | 81,152 | 84,165 | 83,936 | 84,475 | 84,879 | 85,142 | 85,223 | 85,207 | 84,864 | 84,864 | 84,660 | 85,173 | 84,961 | 84,707 | 84,771 | 84,764 | 84,514 | 84,262 | 84,308 | 84,303 | 84,094 | 83,894 | 83,947 | 83,941 | 83,725 | 83,501 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average diluted common shares outstanding | 79,266 | 78,601 | 79,329 | 82,378 | 85,176 | 85,000 | 85,326 | 85,693 | 86,012 | 86,108 | 85,812 | 85,853 | 85,669 | 84,660 | 85,843 | 85,808 | 85,291 | 85,336 | 85,267 | 84,965 | 84,262 | 84,308 | 84,600 | 84,094 | 84,473 | 84,582 | 84,401 | 84,272 | 84,007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in allowance for expected credit losses | -2,729,000 | -2,358,250 | -1,134,000 | -12,963,000 | 4,664,000 | -3,866,000 | 1,077,000 | 354,000 | -2,811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gains | -2,938,750 | -50,570,000 | -59,233,500 | -135,660,000 | -12,381,000 | -51,514,000 | -13,795,000 | -17,300,000 | -28,088,000 | -10,320,000 | -8,147,000 | -389,000 | -22,347,000 | -7,627,000 | -20,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available (attributable) to common shareholders | 124,045,500 | 180,535,000 | 40,929,000 | -16,947,000 | 197,331,000 | 47,385,000 | 227,910,000 | 115,737,000 | -4,819,000 | -72,945,000 | 112,477,000 | -185,390,000 | -198,447,000 | 43,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment losses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other realized and unrealized investment losses | -17,379,000 | -43,419,000 | -14,416,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net investment losses | -20,190,000 | -45,093,000 | -14,830,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -15,896,000 | -24,000 | -27,865,000 | -10,893,000 | -14,052,000 | 9,352,000 | 4,901,000 | 1,873,000 | 30,000 | 1,815,000 | -690,000 | 4,125,000 | -4,498,000 | 6,030,000 | 10,131,000 | -12,027,000 | 10,149,000 | 2,317,000 | 2,848,000 | 7,341,000 | 3,765,000 | 2,417,000 | 1,709,000 | 11,130,000 | 9,890,000 | 6,300,000 | 11,361,000 | 12,006,000 | 5,697,000 | 4,199,000 | 12,459,000 | 8,548,000 | 10,677,000 | 12,519,000 | 9,747,000 | 7,912,000 | 283,750 | 2,111,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for expected credit losses | -1,230,000 | -3,210,000 | -6,911,000 | -70,000 | 87,000 | -315,000 | 150,000 | 89,000 | 2,175,000 | 3,759,000 | 13,761,000 | -20,019,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of value of business acquired | 771,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,285,000 | 1,799,000 | 2,056,000 | 4,368,000 | 7,194,000 | 13,104,000 | 22,797,000 | 39,018,000 | 53,407,000 | 57,110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment ("otti") losses | -656,000 | -1,458,000 | -834,000 | -4,036,000 | -2,099,000 | -5,546,000 | -1,674,000 | -414,000 | -1,000,000 | -5,412,000 | -1,528,000 | -6,553,000 | -5,864,000 | -4,247,000 | -6,369,000 | -9,729,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net incomees and loss expenses | 676,261,000 | 664,028,000 | 605,332,000 | 524,625,000 | 552,064,000 | 565,829,000 | 551,360,000 | 501,522,000 | 642,899,000 | 323,446,750 | 422,154,000 | 403,370,000 | 468,262,000 | 346,512,000 | 311,109,000 | 378,252,000 | 387,999,000 | 273,837,000 | 705,531,000 | 371,717,000 | 361,681,000 | 290,546,000 | 328,193,000 | 358,723,000 | 392,797,000 | 371,982,000 | 358,658,000 | -1,700,361,871 | 1,035,270,000 | 322,853,000 | 344,290,000 | 236,506,250 | 445,575,000 | 257,850,000 | 242,600,000 | 131,533,750 | 184,180,000 | 195,620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction and reorganization expenses | 8,074,000 | 11,215,000 | 3,276,000 | 14,820,000 | 18,815,000 | 16,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase gain | 15,044,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income | 0.595 | 0.52 | 1.11 | 0.75 | -0.47 | -5.61 | 1.01 | 0.06 | 1.49 | 1.97 | 1.3 | 0.41 | 1.41 | 2.52 | 0.63 | 1.56 | 1.64 | 2.71 | 1.81 | 1.26 | 1.55 | 1.23 | 0.63 | 2.59 | -0.11 | 1.84 | 1.36 | 0.97 | 0.66 | 1.68 | 0.81 | -3.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income | 0.593 | 0.52 | 1.11 | 0.75 | -0.47 | -5.61 | 1.01 | 0.06 | 1.47 | 1.96 | 1.29 | 0.41 | 1.39 | 2.5 | 0.63 | 1.54 | 1.61 | 2.68 | 1.79 | 1.24 | 1.52 | 1.21 | 0.62 | 2.55 | -0.11 | 1.82 | 1.35 | 0.96 | 0.65 | 1.66 | 0.79 | -3.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - basic | 83,558 | 84,108 | 90,772 | 140,566,523,000 | 146,635,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - diluted | 84,107 | 84,108 | 91,547 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 0.293 | 0.39 | 0.39 | 0.39 | 0.285 | 0.38 | 0.38 | 0.38 | 0.263 | 0.35 | 0.35 | 0.35 | 0.218 | 0.29 | 0.29 | 0.29 | 0.203 | 0.27 | 0.27 | 0.27 | 0.188 | 0.25 | 0.25 | 0.25 | 0.25 | 0.24 | 0.24 | 0.24 | 0.24 | 0.23 | 0.23 | 0.23 | -629.14 | 210 | 210 | 210 | 210 | 200 | 200 | 200 | 200 | 185 | 185 | 185 | 185 | 165 | 165 | 165 | |||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - basic | 83,539 | 83,322 | 83,305 | 84,141 | 86,022 | 89,621 | 91,926 | 94,035 | 98,609 | 98,226 | 100,274 | 99,910 | 104,368 | 102,945 | 105,118 | 109,053 | 113,636 | 111,676 | 115,163 | 117,022 | 122,148 | 121,127 | 123,823 | 125,782 | 122,499 | 125,971 | 124,132 | 113,351 | 121,728 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - diluted | 83,984 | 83,721 | 83,305 | 84,511 | 86,793 | 90,351 | 92,558 | 94,853 | 99,629 | 99,124 | 101,160 | 101,139 | 105,713 | 104,247 | 106,289 | 110,391 | 115,328 | 113,355 | 116,671 | 118,658 | 123,654 | 122,952 | 124,983 | 126,668 | 128,122 | 128,002 | 128,369 | 113,351 | 136,199 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangibles | 2,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest in loss of equity method investments | -661,000 | -1,975,000 | 340,000 | -2,434,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other realized investment gains | 44,037,000 | 20,044,000 | -2,864,000 | -14,366,000 | 9,452,000 | 27,379,000 | -4,915,000 | -37,656,000 | 1,783,000 | -24,985,000 | 33,362,500 | 86,879,000 | 35,166,000 | 11,406,000 | 16,210,000 | -1,897,000 | 21,362,000 | 45,376,000 | 29,523,000 | 55,548,000 | 44,144,000 | 18,400,000 | -563,000 | 66,830,000 | 38,950,000 | 32,084,000 | 80,408,000 | 78,894,000 | 32,045,000 | 21,684,000 | -2,225,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net realized investment gains | 43,037,000 | 14,632,000 | -4,392,000 | -20,230,000 | 5,205,000 | 21,010,000 | -14,873,000 | -69,957,000 | -11,110,000 | -42,553,000 | 10,779,000 | 77,448,000 | 33,261,000 | 10,620,000 | 19,560,000 | -4,708,000 | 16,235,000 | 44,478,000 | 31,770,000 | 50,803,000 | 30,405,000 | 14,491,000 | -3,738,000 | 57,557,000 | 37,477,000 | 30,144,000 | 77,773,000 | 76,531,000 | 24,619,000 | 16,176,000 | -23,678,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction related expenses | 1,492,500 | 5,970,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | -40,597,000 | 1,552,000 | 35,685,000 | 301,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other insurance related losses | -3,783,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment losses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other realized investment losses | -18,497,000 | -56,779,000 | 3,262,750 | 25,973,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net realized investment losses | -25,050,000 | -66,508,000 | -79,410,000 | -253,365,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
termination fee received | 280,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reorganization and related expenses | 45,867,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 134,361,000 | 41,846,000 | 146,666,000 | 257,672,000 | 75,186,000 | 160,262,000 | 187,252,000 | 278,868,000 | 211,759,000 | 152,596,000 | 177,051,000 | 156,665,000 | 79,063,000 | 321,688,000 | -21,837,000 | 242,297,000 | 191,383,000 | 138,685,000 | 96,624,000 | 225,042,000 | 112,704,000 | -372,832,000 | 284,692,000 | 257,950,000 | 220,371,000 | 132,392,000 | 308,472,000 | -79,592,000 | 180,386,000 | 130,595,000 | 148,632,000 | -245,232,000 | 244,685,000 | 259,400,000 | 323,850,000 | 289,794,000 | 273,335,000 | 246,530,000 | 300,472,000 | 241,629,000 | 240,538,000 | 214,263,000 | 178,630,000 | 155,498,000 | 79,323,000 | 3,878,000 | 143,116,000 | 170,296,000 | 93,247,250 | 149,093,000 | 116,874,000 | ||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment (otti) losses | -15,690,500 | -32,301,000 | -12,893,000 | -17,568,000 | -3,030,250 | -9,431,000 | -1,905,000 | -786,000 | -526,000 | -2,811,000 | -5,127,000 | -898,000 | -1,841,000 | -4,745,000 | -13,739,000 | -3,909,000 | -3,175,000 | -9,643,000 | -1,473,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts attributable from noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to axis capital | 144,793,000 | 257,642,000 | 73,371,000 | 165,825,000 | 173,687,000 | 289,126,000 | 200,686,000 | 147,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts attributable to (from) noncontrolling interests | -4,873,000 | -841,250 | -6,160,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repurchase of preferred shares | 3,081,000 | 9,387,000 | 4,621,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-credit portion of otti losses recognized in other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | 1,573,000 | 1,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net otti losses recognized in income | -2,209,000 | -2,811,000 | -5,127,000 | -898,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-credit portion of otti losses during the period | 146,250 | 370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of otti losses transferred to other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment losses | -2,155,000 | -2,635,000 | -2,091,000 | -7,533,000 | -6,957,000 | -3,780,000 | -283,418,000 | -22,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of impairment losses transferred to (from) other comprehensive income | 215,000 | 321,000 | -272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common share equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 120,091,000 | 121,766,000 | 128,202,000 | 137,279,000 | 137,904,000 | 137,849,000 | 137,316,000 | 140,322,000 | 139,335,000 | 142,333,000 | 143,239,000 | 147,524,000 | 146,845,000 | 149,027,000 | 150,433,000 | 149,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 134,406,000 | 135,665,000 | 142,176,000 | 150,371,000 | 137,904,000 | 149,861,000 | 149,023,000 | 155,320,000 | 139,335,000 | 157,602,000 | 160,184,000 | 164,515,000 | 164,064,000 | 166,320,000 | 166,035,000 | 164,394,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | 3.71 | 3.79 | 2.75 | 2.3 | 3.42 | 2.06 | 2.42 | 4.57 | -1.77 | 2.12 | 1.68 | 2.03 | 0.48 | -0.2 | 0.32 | 1.67 | 2.33 | 0.56 | 2.69 | 1.37 | -0.06 | -0.87 | 1.33 | -2.2 | -0.11 | 0.33 | 1.98 | 1.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,125 | 1,990 | 1,680 | 870 | 2,060 | -700 | 1,150 | 840 | 950 | -1,790 | 1,620 | 1,660 | 2,110 | 1,840 | 1,690 | 1,510 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,010 | 1,780 | 1,510 | 790 | 1,880 | -700 | 1,060 | 780 | 860 | -1,790 | 1,470 | 1,480 | 1,880 | 1,650 | 1,510 | 1,370 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of impairment losses transferred to other comprehensive income | 107,000 | 1,449,000 | -2,964,000 | 4,080,000 | 1,443,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,125 | 1,990 | 1,680 | 870 | 2,060 | -700 | 1,150 | 840 | 950 | -1,790 | 1,620 | 1,660 | 2,110 | 1,840 | 1,690 | 1,510 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,010 | 1,780 | 1,510 | 790 | 1,880 | -700 | 1,060 | 780 | 860 | -1,790 | 1,470 | 1,480 | 1,880 | 1,650 | 1,510 | 1,370 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other insurance related loss | -39,848,500 | -135,738,000 | -14,261,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment losses | -12,960,500 | -89,079,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (recovery) expense | 2,888,500 | -5,104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange (gains) losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares dividends | 9,226,000 | 9,204,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross premiums written | 723,757,500 | 734,910,000 | 995,380,000 | 1,164,740,000 | -2,757,169,115 | 794,571,000 | 767,293,000 | 1,198,699,000 | 590,285,500 | 687,700,000 | 629,319,000 | 1,044,123,000 | 448,494,750 | 633,942,000 | 551,450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums ceded | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in unearned premiums | 86,867,000 | 99,097,000 | 8,617,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 6,159,750 | 8,239,000 | 8,315,000 | 8,085,000 | -24,224,553 | 8,360,000 | 7,818,000 | 8,078,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common shares equivalent—basic | 149,884,027,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common shares equivalents outstanding—diluted | 164,700,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (loss) per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,077.5 | 1,510 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 985 | 1,370 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 112.5 | 150 | 150 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains | 1,831,000 | 2,354,500 | 3,732,000 | 10,097,000 | 5,297,500 | 15,705,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common shares equivalent — basic | 149,765,181,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common shares equivalents outstanding — diluted | 163,325,459,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic | 1,490 | 1,310 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - diluted | 1,370 | 1,190 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common share equivalents — basic | 149,314,313,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common share equivalents outstanding - diluted | 163,554,990,000 | 140,995,298,000 | 153,637,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax recovery | 8,325,000 | 2,401,000 | 880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains arising during the period | 50,699,000 | 1,426,750 | 53,176,000 | 31,792,000 | 5,793,000 | 6,190,000 | 4,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for re-classification of gains realized in income | 2,417,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | -52,788,000 | -522,626,000 | 221,984,000 | 89,490,000 | 124,595,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding — basic | 140,995,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share — basic | -0.253 | -3.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share — diluted | -0.253 | -3.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for re-classification of losses realized in income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - basic | 1.23 | 1.04 | 0.658 | 0.97 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - diluted | 1.13 | 0.95 | 0.615 | 0.9 | 0.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common share equivalents - diluted | 160,429,657,000 | 166,128,928,000 | 166,842,606,000 | 167,252,826,000 | 163,232,232,000 | 145,701,443,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange | 1,024,750 | 6,413,000 | 1,145,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for re-classification of gains realized in income, net of tax | 1,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income, net of tax | 77,939,000 | 60,469,000 | 55,757,000 | 195,528,000 | 96,489,750 | 148,851,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and common share equivalents - basic | 152,534,495,000 | 152,487,082,000 | 152,480,904,000 | 151,453,213,000 | 136,509,891,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | 0.515 | 0.04 | 0.92 | 1.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (expense) recovery | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for re-classification of gains realized in income,net of tax |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-06-30 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available for sale, at fair value | 13,018,027,000 | 12,879,372,000 | 12,137,475,000 | 11,865,480,000 | 12,152,753,000 | 13,768,193,000 | 12,585,137,000 | 12,269,310,000 | 12,234,742,000 | 11,723,368,000 | 11,564,397,000 | 11,627,555,000 | 11,326,894,000 | 10,784,353,000 | 11,304,682,000 | 11,456,024,000 | 12,313,200,000 | 12,380,959,000 | 11,898,300,000 | 11,728,611,000 | 12,041,799,000 | 12,609,241,000 | 12,046,415,000 | 12,076,186,000 | 12,468,205,000 | 12,616,241,000 | 12,522,955,000 | 11,874,518,000 | 11,435,347,000 | 11,767,697,000 | 11,739,305,000 | 11,801,396,000 | 12,622,006,000 | 11,086,386,000 | 11,424,295,000 | 11,191,529,000 | 11,397,114,000 | 11,566,860,000 | 11,563,216,000 | 11,838,068,000 | 11,719,749,000 | 12,139,595,000 | 12,005,736,000 | 12,012,894,000 | 12,129,273,000 | 12,444,684,000 | 12,598,897,000 | 12,095,839,000 | 11,986,327,000 | 11,984,740,000 | 11,644,912,000 | 11,973,364,000 | 11,928,049,000 | 11,794,985,000 | 11,504,448,000 | 11,440,643,000 | 10,940,100,000 | 10,736,729,000 | 10,758,157,000 | 10,726,390,000 | 10,482,897,000 | 10,664,824,000 | 10,064,335,000 | 9,649,199,000 | 9,718,355,000 | 9,682,932,000 | 8,872,839,000 | 8,238,175,000 | 8,012,533,000 | 8,449,620,000 | 8,703,346,000 | ||||||||||||||||||
fixed maturities, held to maturity, at amortized cost | 397,430,000 | 406,658,000 | 405,041,000 | 389,571,000 | 443,400,000 | 503,776,000 | 637,792,000 | 693,042,000 | 686,296,000 | 712,840,000 | 717,310,000 | 716,768,000 | 698,351,000 | 690,380,000 | 641,428,000 | 493,509,000 | 446,016,000 | 416,879,000 | 403,370,000 | 404,690,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, at fair value | 707,569,000 | 649,970,000 | 619,275,000 | 574,379,000 | 579,274,000 | 604,834,000 | 589,899,000 | 582,178,000 | 588,511,000 | 556,262,000 | 596,692,000 | 573,916,000 | 485,253,000 | 469,839,000 | 522,161,000 | 563,950,000 | 655,675,000 | 618,822,000 | 588,196,000 | 547,676,000 | 518,445,000 | 417,886,000 | 378,860,000 | 404,945,000 | 474,207,000 | 429,903,000 | 433,407,000 | 418,863,000 | 381,633,000 | 433,311,000 | 417,212,000 | 435,742,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans, held for investment, at fair value | 356,840,000 | 409,699,000 | 438,571,000 | 457,907,000 | 505,697,000 | 524,929,000 | 544,859,000 | 609,704,000 | 610,148,000 | 610,277,000 | 609,274,000 | 634,470,000 | 627,437,000 | 653,700,000 | 656,112,000 | 627,063,000 | 594,088,000 | 623,487,000 | 656,056,000 | 629,576,000 | 593,290,000 | 544,095,000 | 524,757,000 | 517,181,000 | 432,748,000 | 407,790,000 | 394,179,000 | 313,421,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments, at fair value | 1,027,798,000 | 972,867,000 | 938,922,000 | 938,562,000 | 930,278,000 | 939,734,000 | 936,680,000 | 934,724,000 | 949,413,000 | 954,571,000 | 970,079,000 | 1,008,887,000 | 996,751,000 | 970,310,000 | 981,774,000 | 954,602,000 | 947,982,000 | 892,664,000 | 865,238,000 | 790,530,000 | 829,156,000 | 760,206,000 | 768,635,000 | 797,808,000 | 770,923,000 | 779,200,000 | 802,064,000 | 795,331,000 | 787,787,000 | 833,563,000 | 916,191,000 | 1,009,587,000 | 1,009,373,000 | 830,253,000 | 813,617,000 | 780,395,000 | 830,219,000 | 847,262,000 | 865,406,000 | 859,639,000 | 816,756,000 | 800,319,000 | 853,101,000 | 939,006,000 | 965,465,000 | 946,836,000 | 1,044,492,000 | 1,005,762,000 | 1,045,810,000 | 994,572,000 | 962,315,000 | 972,364,000 | 843,437,000 | 838,641,000 | 798,233,000 | 769,554,000 | 699,320,000 | 643,270,000 | 623,650,000 | 554,113,000 | 519,296,000 | 533,072,000 | 547,873,000 | 538,917,000 | 570,276,000 | 541,447,000 | 539,545,000 | 494,405,000 | 492,082,000 | 636,304,000 | 724,239,000 | 652,111,000 | 645,987,000 | 612,429,000 | 1,106,409,000 | 1,094,828,000 | 1,130,664,000 | ||||||||||||
equity method investments | 227,181,000 | 220,022,000 | 215,920,000 | 214,240,000 | 206,994,000 | 197,712,000 | 193,705,000 | 182,594,000 | 174,634,000 | 162,412,000 | 148,183,000 | 146,083,000 | 148,288,000 | 151,333,000 | 158,893,000 | 157,843,000 | 146,293,000 | 145,080,000 | 133,169,000 | 123,370,000 | 114,209,000 | 104,242,000 | 101,346,000 | 94,244,000 | 117,821,000 | 113,748,000 | 112,956,000 | 110,322,000 | 108,103,000 | 112,155,000 | 110,488,000 | 108,597,000 | 108,597,000 | 108,597,000 | 109,258,000 | 111,233,000 | 116,000,000 | 111,295,000 | 113,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at fair value | 20,298,000 | 17,185,000 | 51,726,000 | 91,330,000 | 223,666,000 | 127,867,000 | 57,436,000 | 75,879,000 | 17,216,000 | 115,959,000 | 46,282,000 | 70,416,000 | 70,310,000 | 80,260,000 | 65,683,000 | 70,385,000 | 31,063,000 | 68,267,000 | 112,862,000 | 185,699,000 | 161,897,000 | 69,996,000 | 34,337,000 | 77,101,000 | 38,471,000 | 12,539,000 | 32,421,000 | 41,853,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments | 15,755,143,000 | 15,555,773,000 | 14,806,930,000 | 14,531,469,000 | 15,042,062,000 | 16,667,045,000 | 15,545,508,000 | 15,347,431,000 | 15,260,960,000 | 14,835,689,000 | 14,652,217,000 | 14,778,095,000 | 14,353,284,000 | 13,800,175,000 | 14,330,733,000 | 14,323,376,000 | 15,134,317,000 | 15,146,158,000 | 14,657,191,000 | 14,410,152,000 | 14,258,796,000 | 14,505,666,000 | 13,854,350,000 | 13,967,465,000 | 14,302,375,000 | 14,359,421,000 | 14,297,982,000 | 13,554,308,000 | 13,155,560,000 | 13,635,834,000 | 13,696,861,000 | 13,776,337,000 | 14,784,210,000 | 13,060,650,000 | 13,445,721,000 | 13,089,769,000 | 13,459,507,000 | 13,542,391,000 | 13,537,123,000 | 13,632,161,000 | 13,375,186,000 | 13,765,654,000 | 13,628,242,000 | 13,591,602,000 | 13,769,979,000 | 14,135,450,000 | 14,488,315,000 | 14,106,813,000 | 13,780,336,000 | 13,714,648,000 | 13,271,926,000 | 13,662,128,000 | 13,546,894,000 | 13,375,608,000 | 13,005,689,000 | 13,017,499,000 | 12,466,889,000 | 12,097,016,000 | 12,217,672,000 | 11,915,111,000 | 11,524,166,000 | 11,577,943,000 | 10,944,485,000 | 10,533,973,000 | 10,622,104,000 | 10,644,660,000 | 9,674,456,000 | 9,036,690,000 | 8,611,898,000 | 9,215,144,000 | 9,675,430,000 | 9,075,905,000 | 8,977,653,000 | 8,427,284,000 | 8,326,245,000 | 7,900,161,000 | 7,663,387,000 | ||||||||||||
cash and cash equivalents | 820,252,000 | 825,898,000 | 852,052,000 | 2,757,213,000 | 2,143,471,000 | 981,003,000 | 1,092,567,000 | 1,143,951,000 | 953,476,000 | 889,574,000 | 1,173,925,000 | 816,917,000 | 751,415,000 | 1,210,321,000 | 844,910,000 | 987,111,000 | 844,592,000 | 947,542,000 | 999,899,000 | 895,932,000 | 902,831,000 | 1,000,781,000 | 1,086,829,000 | 755,961,000 | 1,241,109,000 | 763,825,000 | 712,463,000 | 1,151,182,000 | 1,232,814,000 | 1,053,604,000 | 1,089,407,000 | 1,227,736,000 | 948,626,000 | 1,350,613,000 | 728,519,000 | 1,165,263,000 | 1,039,494,000 | 848,200,000 | 792,945,000 | 777,320,000 | 988,133,000 | 992,253,000 | 989,395,000 | 996,596,000 | 921,830,000 | 1,290,377,000 | 1,044,026,000 | 1,205,754,000 | 923,326,000 | 1,049,553,000 | 1,010,805,000 | 799,656,000 | 759,817,000 | 799,585,000 | 751,011,000 | 1,021,839,000 | 981,849,000 | 935,216,000 | 871,122,000 | 963,266,000 | 929,515,000 | 1,057,864,000 | 1,092,616,000 | 1,379,329,000 | 788,614,000 | 1,108,954,000 | 1,264,043,000 | 1,309,924,000 | 1,697,581,000 | 1,419,610,000 | 1,094,429,000 | 1,578,801,000 | 1,332,921,000 | 1,830,852,000 | 1,837,675,000 | 2,090,834,000 | 1,989,287,000 | 1,640,914,000 | 1,615,448,000 | 1,511,619,000 | 1,280,990 | 862,184,000 | 793,304,000 | 746,065,000 | 935,331,000 | 721,215,000 | 802,129,000 | 790,604,000 | 927,087,000 |
restricted cash and cash equivalents | 500,933,000 | 532,180,000 | 557,149,000 | 575,554,000 | 920,150,000 | 490,323,000 | 562,496,000 | 697,623,000 | 430,509,000 | 377,741,000 | 344,345,000 | 362,378,000 | 423,238,000 | 624,941,000 | 653,018,000 | 719,600,000 | 473,098,000 | 551,662,000 | 589,544,000 | 664,347,000 | 600,401,000 | 440,035,000 | 562,004,000 | 485,102,000 | 335,348,000 | 444,726,000 | 382,251,000 | 455,076,000 | 597,206,000 | 698,798,000 | 437,286,000 | 416,844,000 | 415,160,000 | 280,514,000 | 286,751,000 | 286,307,000 | 202,013,000 | 229,063,000 | 200,527,000 | 174,991,000 | 186,618,000 | 188,220,000 | 190,664,000 | 273,496,000 | 287,865,000 | 117,434,000 | 145,377,000 | 88,955,000 | 64,550,000 | 60,445,000 | 105,443,000 | 56,559,000 | 90,733,000 | 69,859,000 | 121,740,000 | 151,932,000 | 100,989,000 | 265,821,000 | 195,418,000 | 122,923,000 | 115,840,000 | 147,529,000 | 104,927,000 | 130,698,000 | 75,440,000 | 130,517,000 | 116,820,000 | 101,627,000 | 123,092,000 | ||||||||||||||||||||
accrued interest receivable | 116,252,000 | 117,720,000 | 108,506,000 | 108,392,000 | 114,012,000 | 125,770,000 | 118,147,000 | 107,131,000 | 106,055,000 | 99,978,000 | 100,915,000 | 97,983,000 | 94,418,000 | 77,771,000 | 73,873,000 | 64,906,000 | 64,350,000 | 62,423,000 | 63,215,000 | 61,222,000 | 65,020,000 | 70,013,000 | 68,880,000 | 76,569,000 | 78,085,000 | 81,371,000 | 82,567,000 | 78,594,000 | 80,335,000 | 76,000,000 | 79,109,000 | 73,928,000 | 81,223,000 | 68,023,000 | 72,626,000 | 69,649,000 | 74,971,000 | 71,096,000 | 71,770,000 | 71,475,000 | 73,729,000 | 75,375,000 | 78,409,000 | 79,706,000 | 83,070,000 | 91,777,000 | 91,278,000 | 89,536,000 | 97,132,000 | 98,285,000 | 95,098,000 | 95,877,000 | 97,220,000 | 95,654,000 | 97,417,000 | 93,860,000 | 98,346,000 | 95,320,000 | 97,384,000 | 94,013,000 | 96,364,000 | 92,758,000 | 94,686,000 | 84,407,000 | 89,559,000 | 82,169,000 | 87,361,000 | 80,746,000 | 79,232,000 | 74,693,000 | 89,261,000 | 80,990,000 | 87,338,000 | 76,257,000 | 82,151,000 | 68,056,000 | 76,967,000 | 65,235,000 | 68,381,000 | 58,602,000 | 59,784 | 47,800,000 | 54,571,000 | 41,361,000 | 33,588,000 | 36,612,000 | 30,564,000 | 21,612,000 | 15,236,000 |
insurance and reinsurance premium balances receivable | 3,244,661,000 | 3,684,736,000 | 4,026,994,000 | 3,725,518,000 | 3,169,355,000 | 3,408,271,000 | 3,686,819,000 | 3,517,242,000 | 3,067,554,000 | 3,207,444,000 | 3,371,439,000 | 3,119,158,000 | 2,733,464,000 | 2,788,484,000 | 3,174,117,000 | 3,163,990,000 | 2,622,676,000 | 2,978,996,000 | 3,393,777,000 | 3,367,142,000 | 2,738,342,000 | 3,131,791,000 | 3,527,147,000 | 3,485,043,000 | 3,071,390,000 | 3,322,316,000 | 3,732,529,000 | 3,667,923,000 | 3,007,296,000 | 3,463,360,000 | 3,810,316,000 | 3,892,957,000 | 3,012,419,000 | 2,968,096,000 | 3,050,222,000 | 2,891,811,000 | 2,313,512,000 | 2,694,976,000 | 2,885,606,000 | 2,690,400,000 | 1,967,535,000 | 2,169,581,000 | 2,394,037,000 | 2,241,875,000 | 1,808,620,000 | 2,112,906,000 | 2,422,983,000 | 2,292,954,000 | 1,688,957,000 | 1,920,985,000 | 2,166,982,000 | 2,015,578,000 | 1,474,821,000 | 1,712,025,000 | 1,888,238,000 | 1,900,002,000 | 1,413,839,000 | 1,665,636,000 | 1,987,615,000 | 1,880,305,000 | 1,343,665,000 | 1,536,944,000 | 1,722,586,000 | 1,708,400,000 | 1,292,877,000 | 1,497,639,000 | 1,707,677,000 | 1,581,743,000 | 1,185,785,000 | 1,412,445,000 | 1,652,295,000 | 1,607,609,000 | 1,231,494,000 | 1,385,486,000 | 1,604,193,000 | 1,507,855,000 | 1,125,822,000 | 1,233,125,000 | 1,409,988,000 | 1,316,318,000 | 1,026,975 | 1,145,471,000 | 1,230,321,000 | 1,309,636,000 | 924,575,000 | 994,819,000 | 1,019,195,000 | 690,907,000 | 663,758,000 |
reinsurance recoverable on unpaid losses and loss expenses | 8,951,763,000 | 9,043,009,000 | 9,086,900,000 | 6,944,518,000 | 6,840,897,000 | 6,810,929,000 | 6,591,821,000 | 6,503,188,000 | 6,323,083,000 | 6,031,527,000 | 5,865,609,000 | 5,823,417,000 | 5,831,172,000 | 5,244,263,000 | 5,008,583,000 | 4,957,080,000 | 5,017,611,000 | 4,989,645,000 | 4,626,454,000 | 4,533,232,000 | 4,496,641,000 | 4,337,683,000 | 4,160,521,000 | 4,101,579,000 | 3,877,756,000 | 3,705,793,000 | 3,564,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on paid losses and loss expenses | 673,765,000 | 648,126,000 | 637,726,000 | 531,105,000 | 546,287,000 | 476,045,000 | 483,447,000 | 472,660,000 | 575,847,000 | 594,375,000 | 572,757,000 | 593,013,000 | 539,676,000 | 438,497,000 | 510,613,000 | 612,027,000 | 642,215,000 | 506,503,000 | 467,180,000 | 459,411,000 | 434,201,000 | 373,431,000 | 395,990,000 | 357,185,000 | 327,795,000 | 252,087,000 | 364,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred acquisition costs | 801,778,000 | 641,467,000 | 654,950,000 | 626,104,000 | 524,837,000 | 574,012,000 | 592,067,000 | 543,343,000 | 450,950,000 | 503,617,000 | 586,085,000 | 560,173,000 | 473,569,000 | 541,544,000 | 576,237,000 | 575,250,000 | 465,593,000 | 544,384,000 | 574,658,000 | 577,509,000 | 431,439,000 | 520,706,000 | 583,484,000 | 611,229,000 | 492,119,000 | 586,440,000 | 657,275,000 | 703,028,000 | 566,622,000 | 682,785,000 | 708,679,000 | 721,820,000 | 474,061,000 | 562,774,000 | 591,397,000 | 609,773,000 | 438,636,000 | 545,618,000 | 624,638,000 | 646,919,000 | 471,782,000 | 544,178,000 | 594,863,000 | 616,966,000 | 466,987,000 | 556,723,000 | 623,573,000 | 634,413,000 | 456,122,000 | 505,002,000 | 543,069,000 | 561,417,000 | 389,248,000 | 460,661,000 | 502,413,000 | 547,667,000 | 407,527,000 | 477,403,000 | 494,147,000 | 498,598,000 | 359,300,000 | 402,887,000 | 419,191,000 | 420,283,000 | 302,320,000 | 363,739,000 | 374,849,000 | 375,774,000 | 273,096,000 | 333,002,000 | 355,587,000 | 369,000,000 | 276,801,000 | 331,290,000 | 346,318,000 | 345,904,000 | 251,799,000 | 272,110,000 | 290,627,000 | 266,566,000 | 196,388 | 242,478,000 | 263,491,000 | 277,469,000 | 229,102,000 | 222,288,000 | 219,113,000 | 152,842,000 | 139,445,000 |
prepaid reinsurance premiums | 2,139,294,000 | 2,164,297,000 | 2,223,255,000 | 2,175,425,000 | 1,936,979,000 | 2,020,952,000 | 2,113,364,000 | 2,060,717,000 | 1,916,087,000 | 1,973,378,000 | 1,767,474,000 | 1,632,513,000 | 1,550,370,000 | 1,597,586,000 | 1,656,643,000 | 1,555,303,000 | 1,377,358,000 | 1,460,723,000 | 1,479,328,000 | 1,379,450,000 | 1,194,455,000 | 1,278,672,000 | 1,352,090,000 | 1,281,808,000 | 1,101,889,000 | 1,243,040,000 | 1,291,979,000 | 1,271,303,000 | 1,013,573,000 | 1,114,039,000 | 1,157,228,000 | 1,015,163,000 | 809,274,000 | 734,129,000 | 733,836,000 | 645,663,000 | 556,344,000 | 582,551,000 | 498,299,000 | 436,382,000 | 396,201,000 | 416,451,000 | 387,639,000 | 357,042,000 | 351,441,000 | 351,488,000 | 337,608,000 | 299,994,000 | 330,261,000 | 340,280,000 | 331,528,000 | 300,617,000 | 315,676,000 | 293,684,000 | 271,262,000 | 227,935,000 | 238,623,000 | 239,769,000 | 245,442,000 | 212,808,000 | 221,396,000 | 234,850,000 | 271,700,000 | 291,382,000 | 301,885,000 | 284,922,000 | 296,994,000 | 266,789,000 | 279,553,000 | 264,960,000 | 263,461,000 | 238,466,000 | 242,940,000 | 246,027,000 | 259,474,000 | 238,359,000 | 241,821,000 | 274,972,000 | 309,881,000 | 295,215,000 | 281,579 | 300,872,000 | 269,625,000 | 272,313,000 | 234,182,000 | 240,199,000 | 213,994,000 | 162,486,000 | 145,704,000 |
receivable for investments sold | 12,806,000 | 3,813,000 | 29,099,000 | 39,498,000 | 3,693,000 | 871,000 | 11,899,000 | 5,686,000 | 8,767,000 | 17,306,000 | 22,102,000 | 7,079,000 | 16,052,000 | 6,452,000 | 10,421,000 | 55,473,000 | 4,555,000 | 2,028,000 | 3,671,000 | 1,450,000 | 2,150,000 | 17,513,000 | 2,985,000 | 34,137,000 | 35,659,000 | 9,711,000 | 25,850,000 | 10,888,000 | 32,627,000 | 2,140,000 | 16,430,000 | 19,433,000 | 11,621,000 | 9,357,000 | 18,754,000 | 40,448,000 | 14,123,000 | 2,285,000 | 3,569,000 | 1,614,000 | 26,478,000 | 7,220,000 | 1,304,000 | 13,432,000 | 169,000 | 6,472,000 | 366,000 | 1,972,000 | 1,199,000 | 1,317,000 | 1,399,000 | 12,546,000 | 1,254,000 | 7,375,000 | 596,000 | 7,276,000 | 3,006,000 | 86,932,000 | 3,782,000 | ||||||||||||||||||||||||||||||
goodwill | 66,498,000 | 66,498,000 | 66,498,000 | 66,498,000 | 66,498,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 100,801,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | 102,003,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 166,050,000 | 168,446,000 | 170,842,000 | 173,238,000 | 175,967,000 | 178,696,000 | 181,426,000 | 184,155,000 | 186,883,000 | 189,612,000 | 192,342,000 | 195,071,000 | 197,800,000 | 200,529,000 | 203,259,000 | 205,988,000 | 208,717,000 | 211,557,000 | 214,286,000 | 216,904,000 | 219,633,000 | 222,362,000 | 225,092,000 | 227,821,000 | 230,550,000 | 233,305,000 | 236,009,000 | 238,763,000 | 241,568,000 | 247,927,000 | 250,541,000 | 253,808,000 | 257,987,000 | 34,543,000 | 35,500,000 | 36,056,000 | 37,013 | 37,969,000 | 29,947,000 | 30,847,000 | 23,536,000 | 23,919,000 | 24,204,000 | 27,204,000 | 27,579,000 | ||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 93,900,000 | 92,706,000 | 89,421,000 | 92,299,000 | 92,516,000 | 97,912,000 | 101,101,000 | 104,162,000 | 108,093,000 | 104,240,000 | 108,511,000 | 88,155,000 | 92,214,000 | 96,631,000 | 94,451,000 | 98,837,000 | 103,295,000 | 107,791,000 | 112,444,000 | 116,693,000 | 123,579,000 | 131,776,000 | 136,815,000 | 140,149,000 | 111,092,000 | 116,560,000 | 132,940,000 | 143,887,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan advances made | 231,542,000 | 250,537,000 | 263,779,000 | 272,499,000 | 247,775,000 | 283,624,000 | 328,921,000 | 345,065,000 | 305,222,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 887,289,000 | 541,119,000 | 576,935,000 | 629,844,000 | 695,794,000 | 506,394,000 | 568,498,000 | 625,535,000 | 456,385,000 | 547,242,000 | 457,171,000 | 390,224,000 | 438,338,000 | 391,758,000 | 381,768,000 | 388,816,000 | 309,792,000 | 324,154,000 | 297,484,000 | 298,756,000 | 305,544,000 | 315,683,000 | 295,074,000 | 315,523,000 | 287,892,000 | 263,880,000 | 271,562,000 | 280,878,000 | 285,346,000 | 268,945,000 | 283,861,000 | 307,041,000 | 317,915,000 | 335,967,000 | 300,658,000 | 293,330,000 | 295,120,000 | 283,969,000 | 278,233,000 | 344,392,000 | 313,267,000 | 274,981,000 | 276,182,000 | 278,285,000 | 250,670,000 | 266,151,000 | 247,921,000 | 274,053,000 | 273,385,000 | 251,268,000 | 247,252,000 | 214,016,000 | 215,369,000 | 195,755,000 | 192,485,000 | 191,554,000 | 225,072,000 | 223,540,000 | 206,261,000 | 195,275,000 | 174,707,000 | 154,399,000 | 165,369,000 | 156,588,000 | 175,494,000 | 172,248,000 | 171,437,000 | 183,679,000 | 180,727,000 | 190,042,000 | 178,025,000 | 158,337,000 | 156,004,000 | 146,694,000 | 156,308,000 | 134,757,000 | 133,860,000 | 120,385,000 | 129,723,000 | 119,504,000 | 104,859 | 344,794,000 | 89,307,000 | 90,294,000 | 62,716,000 | 50,974,000 | 39,899,000 | 29,930,000 | 20,973,000 |
total assets | 34,461,926,000 | 34,336,325,000 | 34,151,036,000 | 33,249,174,000 | 32,520,293,000 | 32,722,648,000 | 32,078,882,000 | 31,758,690,000 | 30,250,672,000 | 29,472,524,000 | 29,315,693,000 | 28,564,977,000 | 27,595,811,000 | 27,119,753,000 | 27,619,427,000 | 27,808,558,000 | 27,368,970,000 | 27,935,137,000 | 27,581,730,000 | 27,085,827,000 | 25,877,687,000 | 26,452,996,000 | 26,359,173,000 | 25,948,768,000 | 25,604,054,000 | 25,495,526,000 | 25,870,174,000 | 25,557,582,000 | 24,132,566,000 | 24,843,026,000 | 25,018,486,000 | 25,087,309,000 | 24,760,177,000 | 21,818,150,000 | 21,499,638,000 | 21,246,967,000 | 20,813,691,000 | 21,222,391,000 | 21,249,440,000 | 20,978,190,000 | 19,981,891,000 | 20,557,341,000 | 20,704,875,000 | 20,458,819,000 | 19,955,736,000 | 20,965,047,000 | 21,446,457,000 | 20,997,634,000 | 19,634,784,000 | 19,932,949,000 | 19,846,313,000 | 19,710,942,000 | 18,852,344,000 | 18,897,781,000 | 18,721,412,000 | 19,025,600,000 | 17,806,059,000 | 17,943,930,000 | 18,196,848,000 | 17,673,924,000 | 16,445,731,000 | 16,846,530,000 | 16,558,280,000 | 16,329,170,000 | 15,306,524,000 | 15,919,468,000 | 15,378,885,000 | 14,777,366,000 | 14,282,834,000 | 15,175,454,000 | 15,606,389,000 | 15,640,194,000 | 14,675,309,000 | 14,711,904,000 | 14,928,974,000 | 14,612,437,000 | 13,665,287,000 | 13,254,202,000 | 12,799,050,000 | 12,655,655,000 | 11,925,976 | 11,440,546,000 | 10,116,956,000 | 9,790,500,000 | 8,203,132,000 | 7,320,189,000 | 6,746,988,000 | 5,253,520,000 | 4,386,229,000 |
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for losses and loss expenses | 18,122,256,000 | 17,996,236,000 | 17,879,023,000 | 17,489,459,000 | 17,218,929,000 | 17,295,329,000 | 16,738,871,000 | 16,630,897,000 | 16,434,018,000 | 15,555,256,000 | 15,419,498,000 | 15,314,644,000 | 15,168,863,000 | 14,652,196,000 | 14,398,039,000 | 14,470,155,000 | 14,653,094,000 | 14,658,996,000 | 14,157,353,000 | 14,025,274,000 | 13,926,766,000 | 13,653,488,000 | 13,179,166,000 | 13,082,273,000 | 12,752,081,000 | 12,498,507,000 | 12,254,711,000 | 12,275,771,000 | 12,280,769,000 | 12,025,947,000 | 11,952,734,000 | 12,034,643,000 | 12,997,553,000 | 10,787,575,000 | 9,878,662,000 | 9,541,963,000 | 9,697,827,000 | 9,874,807,000 | 9,782,304,000 | 9,716,487,000 | 9,646,285,000 | 9,703,583,000 | 9,693,440,000 | 9,443,222,000 | 9,596,797,000 | 9,751,903,000 | 9,805,988,000 | 9,667,841,000 | 9,582,140,000 | 9,484,516,000 | 9,342,817,000 | 9,097,703,000 | 9,058,731,000 | 8,751,070,000 | 8,600,651,000 | 8,599,344,000 | 8,425,045,000 | 8,334,841,000 | 8,402,612,000 | 8,013,861,000 | 7,032,375,000 | 6,934,528,000 | 6,718,776,000 | 6,759,522,000 | 6,564,133,000 | 6,579,914,000 | 6,561,894,000 | 6,392,278,000 | 6,244,783,000 | 6,406,204,000 | 5,995,731,000 | 5,814,208,000 | 5,587,311,000 | 5,531,379,000 | 5,360,064,000 | 5,186,191,000 | 5,015,113,000 | 4,995,074,000 | 4,835,161,000 | 4,813,516,000 | 4,743,338 | 4,514,277,000 | 2,929,699,000 | 2,719,247,000 | 2,223,234,000 | 1,541,193,000 | 1,261,094,000 | 785,041,000 | 569,253,000 |
unearned premiums | 5,825,698,000 | 5,994,611,000 | 6,154,844,000 | 5,859,606,000 | 5,211,865,000 | 5,452,873,000 | 5,674,787,000 | 5,353,827,000 | 4,747,602,000 | 4,995,785,000 | 5,139,177,000 | 4,821,775,000 | 4,361,447,000 | 4,650,934,000 | 4,963,138,000 | 4,824,128,000 | 4,090,676,000 | 4,464,282,000 | 4,698,944,000 | 4,551,424,000 | 3,685,886,000 | 4,070,649,000 | 4,418,728,000 | 4,395,240,000 | 3,626,246,000 | 4,153,003,000 | 4,503,132,000 | 4,535,163,000 | 3,635,758,000 | 4,242,108,000 | 4,594,150,000 | 4,659,858,000 | 3,641,399,000 | 3,521,063,000 | 3,704,003,000 | 3,629,354,000 | 2,969,498,000 | 3,453,655,000 | 3,708,603,000 | 3,586,307,000 | 2,760,889,000 | 3,107,348,000 | 3,324,578,000 | 3,293,952,000 | 2,735,376,000 | 3,142,055,000 | 3,411,108,000 | 3,372,166,000 | 2,683,849,000 | 2,990,301,000 | 3,209,055,000 | 3,135,610,000 | 2,454,692,000 | 2,770,889,000 | 2,958,223,000 | 2,965,329,000 | 2,454,462,000 | 2,805,620,000 | 2,981,817,000 | 2,938,328,000 | 2,333,676,000 | 2,614,239,000 | 2,781,101,000 | 2,748,283,000 | 2,209,397,000 | 2,548,072,000 | 2,671,025,000 | 2,646,578,000 | 2,162,401,000 | 2,466,622,000 | 2,603,676,000 | 2,574,755,000 | 2,146,087,000 | 2,433,339,000 | 2,548,743,000 | 2,466,213,000 | 2,015,556,000 | 2,167,364,000 | 2,289,140,000 | 2,132,841,000 | 1,760,467 | 2,003,223,000 | 2,071,073,000 | 2,082,377,000 | 1,682,119,000 | 1,648,062,000 | 1,620,384,000 | 1,153,296,000 | 1,001,225,000 |
insurance and reinsurance balances payable | 1,882,021,000 | 1,855,349,000 | 1,932,269,000 | 1,883,746,000 | 1,713,798,000 | 1,828,297,000 | 2,005,126,000 | 1,909,309,000 | 1,792,719,000 | 1,900,188,000 | 1,783,610,000 | 1,574,608,000 | 1,522,764,000 | 1,569,946,000 | 1,624,184,000 | 1,522,258,000 | 1,324,620,000 | 1,442,729,000 | 1,409,772,000 | 1,231,403,000 | 1,092,042,000 | 1,244,846,000 | 1,365,799,000 | 1,263,389,000 | 1,349,082,000 | 1,276,123,000 | 1,484,285,000 | 1,440,942,000 | 1,338,991,000 | 1,301,580,000 | 1,282,585,000 | 1,251,629,000 | 899,064,000 | 670,292,000 | 677,204,000 | 514,356,000 | 493,183,000 | 461,519,000 | 416,017,000 | 344,181,000 | 356,417,000 | 301,830,000 | 296,794,000 | 266,789,000 | 249,186,000 | 244,815,000 | 272,062,000 | 207,909,000 | 234,412,000 | 261,737,000 | 292,572,000 | 208,018,000 | 270,739,000 | 239,394,000 | 211,704,000 | 181,405,000 | 206,539,000 | 179,081,000 | 196,543,000 | 141,483,000 | 164,927,000 | 123,127,000 | 199,463,000 | 144,679,000 | 173,156,000 | 170,664,000 | 178,372,000 | 154,763,000 | 202,145,000 | 223,963,000 | 249,710,000 | 225,715,000 | 244,988,000 | 255,922,000 | 250,248,000 | 286,068,000 | 294,374,000 | 287,445,000 | 333,547,000 | 311,933,000 | 314,232 | 325,924,000 | 251,753,000 | 287,094,000 | 190,195,000 | 208,141,000 | 193,252,000 | 174,832,000 | 214,739,000 |
debt | 1,316,710,000 | 1,316,321,000 | 1,315,936,000 | 1,315,555,000 | 1,315,179,000 | 1,314,806,000 | 1,314,438,000 | 1,314,074,000 | 1,313,714,000 | 1,313,358,000 | 1,313,006,000 | 1,312,658,000 | 1,312,314,000 | 1,312,633,000 | 1,311,637,000 | 1,311,304,000 | 1,310,975,000 | 1,310,650,000 | 1,310,328,000 | 1,310,009,000 | 1,309,695,000 | 1,309,384,000 | 1,309,076,000 | 1,808,645,000 | 1,808,157,000 | 499,127,000 | 499,100,000 | 499,073,000 | 499,046 | 499,019,000 | 498,992,000 | 498,965,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank advances | 66,380,000 | 66,380,000 | 66,380,000 | 66,380,000 | 66,380,000 | 75,580,000 | 85,790,000 | 85,790,000 | 85,790,000 | 85,790,000 | 85,790,000 | 85,790,000 | 81,388,000 | 80,540,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable for investments purchased | 36,982,000 | 194,988,000 | 79,677,000 | 193,752,000 | 269,728,000 | 127,609,000 | 118,706,000 | 493,582,000 | 26,093,000 | 87,992,000 | 81,835,000 | 78,711,000 | 19,693,000 | 78,956,000 | 186,921,000 | 127,284,000 | 31,543,000 | 239,073,000 | 205,895,000 | 389,925,000 | 104,777,000 | 458,111,000 | 350,347,000 | 123,678,000 | 32,985,000 | 89,805,000 | 181,274,000 | 159,544,000 | 111,838,000 | 220,183,000 | 186,180,000 | 144,315,000 | 100,589,000 | 122,065,000 | 95,865,000 | 83,783,000 | 62,550,000 | 141,245,000 | 144,040,000 | 135,647,000 | 9,356,000 | 303,916,000 | 213,142,000 | 196,526,000 | 188,176,000 | 189,684,000 | 237,019,000 | 162,747,000 | 21,744,000 | 174,034,000 | 234,001,000 | 169,646,000 | 64,553,000 | 105,023,000 | 112,855,000 | 114,910,000 | 151,941,000 | 127,989,000 | 154,970,000 | ||||||||||||||||||||||||||||||
operating lease liabilities | 110,095,000 | 108,960,000 | 106,544,000 | 107,289,000 | 106,614,000 | 115,176,000 | 116,264,000 | 119,124,000 | 123,101,000 | 116,547,000 | 121,922,000 | 99,130,000 | 102,577,000 | 103,345,000 | 105,129,000 | 113,340,000 | 119,512,000 | 123,874,000 | 130,174,000 | 134,002,000 | 140,263,000 | 140,058,000 | 141,621,000 | 143,071,000 | 115,584,000 | 115,887,000 | 133,257,000 | 144,298,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 745,349,000 | 436,471,000 | 441,965,000 | 430,588,000 | 528,421,000 | 429,751,000 | 365,429,000 | 346,932,000 | 464,439,000 | 384,400,000 | 349,894,000 | 317,432,000 | 386,855,000 | 327,780,000 | 327,748,000 | 319,549,000 | 427,894,000 | 360,478,000 | 279,504,000 | 267,400,000 | 322,564,000 | 310,565,000 | 296,616,000 | 292,894,000 | 375,911,000 | 388,196,000 | 359,290,000 | 359,363,000 | 393,178,000 | 403,354,000 | 372,626,000 | 355,634,000 | 403,779,000 | 268,659,000 | 257,698,000 | 253,917,000 | 325,313,000 | 272,874,000 | 241,932,000 | 253,218,000 | 350,237,000 | 322,736,000 | 237,061,000 | 221,050,000 | 315,471,000 | 265,968,000 | 221,348,000 | 218,502,000 | 248,822,000 | 238,833,000 | 210,375,000 | 215,141,000 | 228,623,000 | 180,040,000 | 145,188,000 | 270,627,000 | 129,329,000 | 144,771,000 | 133,584,000 | 231,523,000 | 275,422,000 | 240,338,000 | 181,959,000 | 215,835,000 | 227,303,000 | 426,068,000 | 253,198,000 | 222,832,000 | 233,082,000 | 183,385,000 | 144,689,000 | 130,054,000 | 175,134,000 | 140,869,000 | 141,859,000 | 146,738,000 | 174,524,000 | ||||||||||||
total liabilities | 28,105,491,000 | 27,969,316,000 | 27,976,638,000 | 27,346,375,000 | 26,430,914,000 | 26,639,421,000 | 26,419,411,000 | 26,253,535,000 | 24,987,476,000 | 24,439,316,000 | 24,294,732,000 | 23,604,748,000 | 22,955,901,000 | 22,776,330,000 | 22,916,796,000 | 22,688,018,000 | 21,958,314,000 | 22,600,082,000 | 22,191,970,000 | 21,909,437,000 | 20,581,993,000 | 21,187,101,000 | 21,061,353,000 | 21,109,190,000 | 20,060,046,000 | 19,909,656,000 | 20,303,697,000 | 20,257,426,000 | 19,102,495,000 | 19,570,754,000 | 19,765,481,000 | 19,822,914,000 | 19,418,913,000 | 16,363,451,000 | 15,606,943,000 | 15,016,602,000 | 14,541,321,000 | 15,196,733,000 | 15,285,257,000 | 15,027,931,000 | 14,115,009,000 | 14,730,975,000 | 14,756,317,000 | 14,412,584,000 | 14,075,796,000 | 15,084,923,000 | 15,437,952,000 | 15,119,363,000 | 13,766,822,000 | 14,145,120,000 | 14,284,366,000 | 13,821,512,000 | 13,072,583,000 | 13,041,513,000 | 13,023,572,000 | 13,126,421,000 | 12,361,980,000 | 12,586,825,000 | 12,863,909,000 | 12,484,344,000 | 10,820,761,000 | 10,997,592,000 | 11,062,978,000 | 10,953,151,000 | 9,806,280,000 | 10,521,361,000 | 10,469,766,000 | 10,284,529,000 | 9,821,793,000 | 10,574,264,000 | 10,343,227,000 | 10,268,772,000 | 9,516,687,000 | 9,768,312,000 | 10,235,092,000 | 9,970,690,000 | 9,252,640,000 | 9,113,253,000 | 8,980,327,000 | 9,010,427,000 | 8,413,625 | 8,568,934,000 | 6,950,360,000 | 6,828,478,000 | 5,118,140,000 | 4,277,675,000 | 3,740,425,000 | 2,572,718,000 | 2,173,674,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 775,000,000 | 1,126,074,000 | 1,126,074,000 | 625,000,000 | 625,000,000 | 625,000,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | 627,843,000 | ||||||||||||||||||||||||||||||||||||||||
common shares | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,206,000 | 2,202,000 | 2,202,000 | 2,201,000 | 2,200,000 | 2,191,000 | 2,190,000 | 2,189,000 | 2,188,000 | 2,174,000 | 2,172,000 | 2,172,000 | 2,168,000 | 2,146,000 | 2,145,000 | 2,141,000 | 2,140,000 | 2,125,000 | 2,112,000 | 2,107,000 | 1,958,000 | 1,934,000 | 1,931,000 | 1,930,000 | 1,929,000 | 1,903,000 | 1,901,000 | 1,900,000 | 1,899,000 | 1,878,000 | 1,878,000 | 1,877,000 | 1,875,000 | 1,850,000 | 1,849,000 | 1,849,000 | 1,880,000 | 1,875,000 | 1,875,000 | 1,873,000 | 1,872,000 | 1,861 | 1,769,000 | |||||||
additional paid-in capital | 2,405,792,000 | 2,395,615,000 | 2,384,659,000 | 2,374,804,000 | 2,394,063,000 | 2,385,905,000 | 2,376,244,000 | 2,368,144,000 | 2,383,030,000 | 2,375,678,000 | 2,361,185,000 | 2,347,637,000 | 2,366,253,000 | 2,354,895,000 | 2,341,507,000 | 2,328,986,000 | 2,346,179,000 | 2,336,895,000 | 2,326,288,000 | 2,316,147,000 | 2,330,054,000 | 2,325,196,000 | 2,317,354,000 | 2,307,998,000 | 2,317,212,000 | 2,309,483,000 | 2,303,592,000 | 2,296,639,000 | 2,308,583,000 | 2,304,107,000 | 2,295,633,000 | 2,289,497,000 | 2,299,166,000 | 2,291,516,000 | 2,283,523,000 | 2,276,671,000 | 2,299,857,000 | 2,307,866,000 | 2,302,557,000 | 2,296,533,000 | 2,241,388,000 | 2,230,278,000 | 2,285,772,000 | 2,287,065,000 | 2,285,016,000 | 2,273,110,000 | 2,261,084,000 | 2,247,102,000 | 2,240,125,000 | 2,225,826,000 | 2,213,204,000 | 2,199,092,000 | 2,179,034,000 | 2,165,478,000 | 2,153,467,000 | 2,117,208,000 | 2,105,386,000 | 2,095,727,000 | 2,085,215,000 | 2,074,982,000 | 2,059,708,000 | 2,046,297,000 | 2,038,158,000 | 2,027,950,000 | 2,014,815,000 | 2,003,417,000 | 1,989,503,000 | 1,977,144,000 | 1,962,779,000 | 1,943,125,000 | 1,922,356,000 | 1,902,336,000 | 1,869,810,000 | 1,859,067,000 | 1,850,047,000 | 1,936,518,000 | 2,429,250,000 | 2,423,013,000 | 2,413,410,000 | 2,405,448,000 | 2,386,200 | 1,931,807,000 | 1,680,148,000 | 1,673,409,000 | 2,013,325,000 | 2,009,716,000 | 2,005,425,000 | 2,015,236,000 | 1,697,824,000 |
accumulated other comprehensive income | 28,431,000 | 10,169,000 | -21,710,000 | -152,376,000 | -267,557,000 | -76,738,000 | -394,968,000 | -411,849,000 | -365,836,000 | -775,439,000 | -630,509,000 | -571,896,000 | -760,300,000 | -1,042,650,000 | -724,114,000 | -338,300,000 | 56,536,000 | 150,122,000 | 226,317,000 | 214,861,000 | 414,395,000 | 350,111,000 | 281,599,000 | -89,919,000 | 171,710,000 | 176,296,000 | 156,145,000 | 29,096,000 | -177,110,000 | -162,312,000 | -163,168,000 | -85,216,000 | 92,382,000 | 141,613,000 | 84,306,000 | 699,000 | 98,505,000 | 63,089,000 | 17,646,000 | -45,574,000 | 22,935,000 | 272,664,000 | 182,254,000 | 117,825,000 | 130,373,000 | 24,755,000 | 310,108,000 | 362,622,000 | 373,199,000 | 240,939,000 | 278,174,000 | 128,162,000 | 50,932,000 | 218,133,000 | 155,192,000 | 176,821,000 | 371,625,000 | 221,856,000 | 165,455,000 | 85,633,000 | 74,974,000 | -706,499,000 | -495,697,000 | -150,721,000 | -104,000 | 22,668,000 | 37,720,000 | ||||||||||||||||||||||
retained earnings | 8,181,699,000 | 7,932,969,000 | 7,673,246,000 | 7,492,484,000 | 7,341,569,000 | 7,092,817,000 | 6,957,185,000 | 6,790,558,000 | 6,440,528,000 | 6,628,179,000 | 6,485,901,000 | 6,381,201,000 | 6,247,022,000 | 6,244,268,000 | 6,298,680,000 | 6,308,712,000 | 6,204,745,000 | 6,044,843,000 | 6,034,151,000 | 5,842,850,000 | 5,763,607,000 | 5,804,637,000 | 5,913,029,000 | 5,836,007,000 | 6,056,686,000 | 6,101,902,000 | 6,108,577,000 | 5,976,603,000 | 5,912,812,000 | 6,145,482,000 | 6,135,625,000 | 6,076,294,000 | 5,979,666,000 | 6,051,659,000 | 6,551,801,000 | 6,499,262,000 | 6,527,627,000 | 6,430,573,000 | 6,285,803,000 | 6,198,932,000 | 6,194,353,000 | 6,093,897,000 | 5,875,147,000 | 5,842,239,000 | 5,715,504,000 | 5,581,942,000 | 5,331,199,000 | 5,170,948,000 | 5,062,706,000 | 4,921,716,000 | 4,813,687,000 | 4,769,764,000 | 4,497,789,000 | 4,576,381,000 | 4,383,405,000 | 4,246,354,000 | 4,155,392,000 | 4,105,216,000 | 3,923,395,000 | 3,853,076,000 | 4,267,608,000 | 4,033,018,000 | 3,824,111,000 | 3,649,770,000 | 3,569,411,000 | 3,319,467,000 | 3,447,511,000 | 3,282,392,000 | 3,198,492,000 | 3,097,487,000 | 3,377,051,000 | 3,176,654,000 | 2,968,900,000 | 2,690,742,000 | 2,448,711,000 | 2,225,474,000 | 2,026,004,000 | 1,770,578,000 | 1,569,864,000 | 1,371,990,000 | 1,201,932 | 992,717,000 | 1,484,945,000 | 1,336,255,000 | 1,046,764,000 | 1,062,085,000 | 945,326,000 | 639,653,000 | 492,671,000 |
treasury shares, at cost | -4,811,693,000 | -4,523,950,000 | -4,414,003,000 | -4,364,319,000 | -3,930,902,000 | -3,870,963,000 | -3,831,196,000 | -3,793,904,000 | -3,746,732,000 | -3,747,416,000 | -3,747,822,000 | -3,748,919,000 | -3,765,271,000 | -3,765,296,000 | -3,765,648,000 | -3,731,064,000 | -3,749,010,000 | -3,749,011,000 | -3,749,202,000 | -3,749,674,000 | -3,764,568,000 | -3,766,255,000 | -3,766,368,000 | -3,766,714,000 | -3,778,806,000 | -3,779,017,000 | -3,779,043,000 | -3,779,388,000 | -3,791,420,000 | -3,792,211,000 | -3,792,291,000 | -3,793,386,000 | -3,807,156,000 | -3,807,295,000 | -3,804,141,000 | -3,674,547,000 | -3,561,553,000 | -3,438,492,000 | -3,314,472,000 | -3,190,058,000 | -3,010,439,000 | -3,010,261,000 | -2,764,338,000 | -2,765,114,000 | -2,763,859,000 | -2,689,531,000 | -2,539,269,000 | -2,403,286,000 | -2,232,711,000 | -2,120,101,000 | -2,119,714,000 | -1,894,545,000 | -1,764,673,000 | -1,763,778,000 | -1,584,955,000 | -1,494,697,000 | -1,446,986,000 | -1,396,882,000 | -1,395,911,000 | -1,395,628,000 | -1,381,101,000 | -1,103,933,000 | -1,090,753,000 | -969,085,000 | -671,518,000 | -501,652,000 | -501,534,000 | -501,416,000 | -495,609,000 | -445,603,000 | -387,401,000 | -209,339,000 | -204,606,000 | ||||||||||||||||
total shareholders’ equity | 6,356,435,000 | 6,367,009,000 | 6,174,398,000 | 5,902,799,000 | 6,089,379,000 | 6,083,227,000 | 5,659,471,000 | 5,505,155,000 | 5,263,196,000 | 5,033,208,000 | 5,020,961,000 | 4,960,229,000 | 4,639,910,000 | 4,343,423,000 | 4,702,631,000 | 5,120,540,000 | 5,410,656,000 | 5,335,055,000 | 5,389,760,000 | 5,176,390,000 | 5,295,694,000 | 5,265,895,000 | 5,297,820,000 | 4,839,578,000 | 5,544,008,000 | 5,585,870,000 | 5,566,477,000 | 5,300,156,000 | 5,030,071,000 | 5,272,272,000 | 5,253,005,000 | 5,264,395,000 | 5,341,264,000 | 5,454,699,000 | 5,892,695,000 | 6,230,365,000 | 6,272,370,000 | 6,025,658,000 | 5,964,183,000 | 5,950,259,000 | 5,866,882,000 | 5,826,366,000 | 5,948,558,000 | 6,046,235,000 | 5,879,940,000 | 5,880,124,000 | 6,008,505,000 | 5,878,271,000 | 5,867,962,000 | 5,787,829,000 | 5,561,947,000 | 5,889,430,000 | 5,779,761,000 | 5,856,268,000 | 5,697,840,000 | 5,899,179,000 | 5,444,079,000 | 5,357,105,000 | 5,332,939,000 | 5,189,580,000 | 5,624,970,000 | 5,848,938,000 | 5,495,302,000 | 5,376,019,000 | 5,500,244,000 | 5,398,107,000 | 4,909,119,000 | 4,492,837,000 | 4,461,041,000 | 4,601,190,000 | 5,263,162,000 | 5,371,422,000 | 5,158,622,000 | 4,943,592,000 | 4,693,882,000 | 4,641,747,000 | 4,412,647,000 | 4,140,949,000 | 3,818,723,000 | 3,645,228,000 | 3,512,351 | 2,871,612,000 | 3,166,596,000 | 2,962,022,000 | 3,084,992,000 | 3,042,514,000 | 3,006,563,000 | 2,680,802,000 | 2,212,555,000 |
total liabilities and shareholders’ equity | 34,461,926,000 | 34,336,325,000 | 34,151,036,000 | 33,249,174,000 | 32,520,293,000 | 32,722,648,000 | 32,078,882,000 | 31,758,690,000 | 30,250,672,000 | 29,472,524,000 | 29,315,693,000 | 28,564,977,000 | 27,595,811,000 | 27,119,753,000 | 27,619,427,000 | 27,808,558,000 | 27,368,970,000 | 27,935,137,000 | 27,581,730,000 | 27,085,827,000 | 25,877,687,000 | 26,452,996,000 | 26,359,173,000 | 25,948,768,000 | 25,604,054,000 | 25,495,526,000 | 25,870,174,000 | 25,557,582,000 | 24,132,566,000 | 24,843,026,000 | 25,018,486,000 | 25,087,309,000 | 24,760,177,000 | 21,818,150,000 | 21,499,638,000 | 21,246,967,000 | 20,813,691,000 | 21,222,391,000 | 21,249,440,000 | 20,978,190,000 | 19,981,891,000 | 20,557,341,000 | 20,704,875,000 | 20,458,819,000 | 19,955,736,000 | 20,965,047,000 | 21,446,457,000 | 20,997,634,000 | 19,634,784,000 | 19,932,949,000 | 19,846,313,000 | 19,710,942,000 | 18,852,344,000 | 18,897,781,000 | 18,721,412,000 | 19,025,600,000 | 17,806,059,000 | 17,943,930,000 | 18,196,848,000 | 17,673,924,000 | 16,445,731,000 | 16,846,530,000 | 16,558,280,000 | 16,329,170,000 | 15,306,524,000 | 15,919,468,000 | 15,378,885,000 | 14,777,366,000 | 14,282,834,000 | 15,175,454,000 | 15,606,389,000 | 15,640,194,000 | 14,675,309,000 | 14,711,904,000 | 14,928,974,000 | 14,612,437,000 | 13,665,287,000 | ||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of business acquired | 770,000 | 1,798,000 | 2,826,000 | 3,854,000 | 4,881,000 | 5,909,000 | 7,194,000 | 8,992,000 | 11,048,000 | 15,416,000 | 22,610,000 | 35,714,000 | 58,511,000 | 97,529,000 | 150,936,000 | 206,838,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior notes | 1,388,135,000 | 1,387,748,000 | 1,342,345,000 | 993,797,000 | 993,511,000 | 993,229,000 | 992,950,000 | 992,633,000 | 992,361,000 | 992,091,000 | 991,825,000 | 991,562,000 | 991,302,000 | 991,045,000 | 990,790,000 | 1,490,498,000 | 1,490,427,000 | 1,490,198,000 | 995,855,000 | 995,699,000 | 995,546,000 | 995,394,000 | 995,245,000 | 995,097,000 | 994,951,000 | 994,806,000 | 994,664,000 | 994,523,000 | 994,383,000 | 994,246,000 | 994,110,000 | 993,976,000 | 993,843,000 | 993,712,000 | 499,476,000 | 499,449,000 | 499,422,000 | 499,395,000 | 499,368,000 | 499,342,000 | 499,315,000 | 499,288,000 | 499,261,000 | 499,234,000 | 499,207,000 | 499,180,000 | 499,144,000 | ||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on unpaid losses | 3,555,341,000 | 3,501,669,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on paid losses | 321,798,000 | 280,233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans, held for investment, at amortized cost and fair value | 298,650,000 | 333,018,000 | 344,721,000 | 364,769,000 | 325,062,000 | 360,381,000 | 349,916,000 | 339,855,000 | 349,969,000 | 332,753,000 | 327,315,000 | 267,589,000 | 206,277,000 | 129,431,000 | 79,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at amortized cost and fair value | 144,040,000 | 156,090,000 | 168,944,000 | 56,246,000 | 83,661,000 | 15,282,000 | 10,146,000 | 13,338,000 | 127,461,000 | 39,877,000 | 41,086,000 | 29,540,000 | 34,406,000 | 7,152,000 | 30,618,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior notes and notes payable | 1,341,961,000 | 1,377,582,000 | 1,377,206,000 | 1,376,835,000 | 1,376,529,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on unpaid and paid losses | 3,439,080,000 | 3,289,236,000 | 3,129,303,000 | 3,338,840,000 | 2,360,821,000 | 2,184,934,000 | 2,070,341,000 | 2,334,922,000 | 2,336,741,000 | 2,270,776,000 | 2,116,090,000 | 2,096,104,000 | 2,036,099,000 | 2,063,087,000 | 1,921,311,000 | 1,926,145,000 | 1,947,529,000 | 1,954,985,000 | 1,912,840,000 | 1,929,988,000 | 1,899,510,000 | 1,981,441,000 | 1,895,547,000 | 1,863,819,000 | 1,789,410,000 | 1,792,358,000 | 1,766,597,000 | 1,770,329,000 | 1,759,017,000 | 1,774,601,000 | 1,688,778,000 | 1,577,547,000 | 1,551,612,000 | 1,545,080,000 | 1,445,918,000 | 1,424,172,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, available for sale, at fair value | 635,511,000 | 659,751,000 | 738,489,000 | 653,419,000 | 638,744,000 | 644,344,000 | 626,371,000 | 637,325,000 | 597,998,000 | 689,157,000 | 659,181,000 | 601,329,000 | 567,707,000 | 629,502,000 | 744,760,000 | 708,412,000 | 701,987,000 | 650,627,000 | 618,795,000 | 617,436,000 | 666,548,000 | 650,168,000 | 631,731,000 | 757,038,000 | 677,560,000 | 567,881,000 | 648,264,000 | 502,096,000 | 349,254,000 | 251,005,000 | 201,173,000 | 201,920,000 | 204,375,000 | 137,544,000 | 96,875,000 | 78,527,000 | 107,283,000 | 129,220,000 | 247,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 87,206,000 | 86,220,000 | 84,613,000 | 85,049,000 | 85,501,000 | 85,954,000 | 86,446,000 | 86,858,000 | 87,329,000 | 101,053,000 | 88,508,000 | 88,960,000 | 88,740,000 | 90,025,000 | 90,350,000 | 89,528,000 | 91,656,000 | 91,370,000 | 97,001,000 | 97,493,000 | 98,165,000 | 98,203,000 | 99,439,000 | 99,590,000 | 98,260,000 | 103,404,000 | 102,847,000 | 103,231,000 | 89,744,000 | 90,473,000 | 91,217,000 | 91,505,000 | 93,049,000 | 95,058,000 | 95,380,000 | 60,417,000 | 60,726,000 | 61,035,000 | 61,344,000 | 61,653,000 | 61,967,000 | 62,511,000 | 28,786,000 | 29,041,000 | |||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -121,841,000 | -188,465,000 | -117,593,000 | -78,067,000 | -17,070,000 | -528,261,000 | -767,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity attributable to axis capital | 5,866,882,000 | 5,826,366,000 | 5,948,558,000 | 5,977,163,000 | 5,821,121,000 | 5,818,489,000 | 5,955,710,000 | 5,827,049,000 | 5,817,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 69,072,000 | 58,819,000 | 61,635,000 | 52,795,000 | 51,222,000 | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at fair value and amortized cost | 38,373,000 | 107,534,000 | 114,428,000 | 100,166,000 | 296,800,000 | 46,212,000 | 84,709,000 | 45,904,000 | 98,964,000 | 108,860,000 | 91,814,000 | 71,277,000 | 50,264,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares - series a, b, c and d | 627,843,000 | 627,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares - series a, b and c | 502,843,000 | 502,843,000 | 502,843,000 | 502,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares - series a, b, and c | 750,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at amortized cost | 149,909,000 | 149,136,000 | 187,601,000 | 132,512,000 | 172,719,000 | 129,042,000 | 131,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares - series a and b | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payable for investments purchased | 164,903,000 | 20,251,000 | 91,384,000 | 79,669,000 | 3,145,000 | 159,102,000 | 156,567,000 | 51,373,000 | 64,817,000 | 64,336,000 | 37,273,000 | 49,023,000 | 120,505,000 | 92,608,000 | 62,185,000 | 47,781,000 | 43,012,000 | 186,208,000 | 76 | 93,268,000 | 112,515,000 | 185,355,000 | 197,302,000 | 80,589,000 | 121,509,000 | 399,506,000 | 334,082,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities lending collateral | 107,167,000 | 86,975,000 | 129,814,000 | 135,122,000 | 146,350,000 | 312,364,000 | 412,823,000 | 731,661,000 | 813,737,000 | 1,025,343,000 | 865,256,000 | 861,280,000 | 916,388,000 | 895,832,000 | 794,149,000 | 1,010,846,000 | 909,807,000 | 984,847,000 | 998,349 | 1,045,144,000 | 998,196,000 | 963,411,000 | 765,273,000 | 755,968,000 | 505,186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receivable for investments sold | 12,740,000 | 18,086,000 | 86,356,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities lending payable | 108,167,000 | 87,975,000 | 132,815,000 | 138,092,000 | 149,288,000 | 317,310,000 | 415,197,000 | 730,412,000 | 812,833,000 | 1,024,752,000 | 863,906,000 | 858,546,000 | 914,466,000 | 893,692,000 | 791,744,000 | 1,006,806,000 | 904,974,000 | 982,499,000 | 995,287 | 1,041,124,000 | 994,346,000 | 960,581,000 | 765,333,000 | 755,618,000 | 504,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares—series a and b | 500,000,000 | 500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 143,937,000 | 129,098,000 | 282,737,000 | 165,197,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable balances | 1,369,824,000 | 1,381,076,000 | 1,375,143,000 | 1,304,551,000 | 1,410,554,000 | 1,340,452,000 | 1,330,965,000 | 1,280,295,000 | 1,247,720,000 | 1,217,807,000 | 1,307,609,000 | 1,293,660,000 | 1,315,395,000 | 1,271,452,000 | 1,347,204,000 | 1,455,248 | 1,308,253,000 | 640,196,000 | 633,338,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable balances on paid losses | 36,625,000 | 62,764,000 | 57,507,000 | 74,079,000 | 62,617,000 | 82,677,000 | 95,348,000 | 76,598,000 | 97,047,000 | 119,904,000 | 94,284,000 | 65,494,000 | 49,287,000 | 121,091,000 | 128,302,000 | 62,862 | 28,767,000 | 7,829,000 | 7,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, available for sale, at fair value | 225,583,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity investments available for sale, at fair value | 8,423,794,000 | 8,331,666,000 | 7,814,855,000 | 7,219,836,000 | 6,805,333,000 | 6,532,723,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liability under repurchase agreement | 400,000,000 | 400,000,000 | 400,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred shares | 125,000 | 125,000 | 125,000 | 125,000 | 125 | 125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b preferred shares | 31,000 | 31,000 | 31,000 | 31,000 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity investments at fair market value | 6,523,009,000 | 6,009,431,000 | 6,047,556,000 | 6,012,425 | 5,562,593,000 | 5,298,519,000 | 4,360,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 714,381,000 | 627,721,000 | 543,866,000 | 409,504 | 514,221,000 | 441,650,000 | 329,514,000 | 83,143,000 | 34,403,000 | 9,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 109,656,000 | 75,393,000 | 84,357,000 | 101,179 | 92,099,000 | 91,982,000 | 94,859,000 | 59,957,000 | 44,072,000 | 39,456,000 | 60,043,000 | 54,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share capital | 1,758,000 | 1,906,000 | 1,906,000 | 1,906,000 | 1,929,000 | 1,737,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities & shareholders’ equity | 13,254,202,000 | 12,799,050,000 | 12,655,655,000 | 11,925,976 | 11,440,546,000 | 10,116,956,000 | 9,790,500,000 | 8,203,132,000 | 7,320,189,000 | 6,746,988,000 | 5,253,520,000 | 4,386,229,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable | 551,164,000 | 245,909,000 | 190,917,000 | 100,152,000 | 51,841,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax | 22,997,000 | 53,906,000 | 39,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments at fair market value | 3,993,883,000 | 3,692,455,000 | 3,277,783,000 | 2,394,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2017-03-31 | 2016-09-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2006-09-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 289,609,000 | 301,862,000 | 223,356,000 | 194,071,000 | 293,633,000 | 180,728,000 | 211,966,000 | 395,459,000 | -142,578,000 | 188,097,000 | 150,676,000 | 180,097,000 | 48,491,000 | -9,390,000 | 34,782,000 | 149,200,000 | 204,893,000 | 54,946,000 | 235,470,000 | 123,300,000 | 2,743,000 | -65,384,000 | 120,044,000 | -177,827,000 | -754,000 | 38,399,000 | 177,047,000 | 108,781,000 | 230,812,000 | 176,719,000 | 19,855,000 | 364,460,000 | 48,386,000 | 496,838,000 | 239,197,000 | 160,952,000 | 148,471,000 | 311,557,000 | 557,051,000 | 324,905,000 | 135,837,000 | -42,978,000 | -264,254,000 | -374,541,000 | 672,890,000 | 204,816,000 | 143,525,440 | -468,075,000 | 172,845,000 | 151,799,000 | 6,281,000 | 140,856,000 | 166,786,000 | 146,982,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment losses | -14,863,000 | -28,812,000 | -42,375,000 | 30,005,000 | 113,672,000 | -32,184,000 | 53,113,000 | 24,368,000 | 20,190,000 | 94,508,000 | -73,291,000 | -29,645,000 | 62,877,000 | 71,799,000 | 54,002,000 | |||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains on other investments | -12,991,000 | -15,019,000 | -17,541,000 | -22,410,000 | -4,973,000 | -486,000 | -23,914,000 | 7,576,000 | -13,776,000 | -25,643,000 | -10,767,000 | -11,143,000 | -31,600,000 | -6,528,000 | -41,924,000 | -26,876,000 | -18,211,000 | -23,117,000 | 27,177,000 | -17,616,000 | -45,037,000 | -30,935,000 | -16,759,000 | |||||||||||||||||||||||||||||||
amortization of fixed maturities | -9,181,000 | -10,373,000 | -9,437,000 | -10,621,000 | -11,542,000 | -8,496,000 | -9,760,000 | -8,630,000 | -8,512,000 | -5,739,000 | -3,491,000 | -2,425,000 | 1,220,000 | 5,035,000 | 8,987,000 | 10,896,000 | 7,238,000 | 9,547,000 | 11,089,000 | 7,965,000 | 8,495,000 | 9,548,000 | 8,491,000 | 6,359,000 | 4,883,000 | 5,024,000 | 2,760,000 | 5,832,000 | 20,547,000 | 15,642,000 | 12,498,000 | 51,660,000 | 19,100,000 | 75,645,000 | 54,356,000 | 31,372,000 | 30,919,000 | 38,677,000 | 101,173,000 | 61,900,000 | 29,749,000 | 65,015,000 | 41,041,000 | 20,134,000 | ||||||||||
interest in income of equity method investments | -5,783,000 | -2,083,000 | 705,000 | -2,291,000 | -7,264,000 | -1,328,000 | -2,940,000 | -2,100,000 | 2,205,000 | 7,560,000 | -1,050,000 | -11,550,000 | -792,000 | -2,634,000 | -2,219,000 | -3,557,000 | -1,891,000 | |||||||||||||||||||||||||||||||||||||
other amortization and depreciation | 15,224,000 | 13,884,000 | 13,479,000 | 13,792,000 | 13,135,000 | 14,278,000 | 13,636,000 | 14,257,000 | 13,174,000 | 31,196,000 | 16,211,000 | 14,971,000 | 15,819,000 | 21,412,000 | 15,343,000 | 15,714,000 | 20,010,000 | 15,621,000 | 16,250,000 | 15,096,000 | 19,063,000 | 16,253,000 | 14,869,000 | 15,612,000 | 18,265,000 | 15,520,000 | 17,702,000 | 23,742,000 | 32,934,000 | 22,680,000 | 6,467,000 | 17,370,000 | 5,294,000 | 26,219,000 | 10,265,000 | 6,581,000 | 15,889,000 | 6,208,000 | 10,306,000 | 6,892,000 | 3,009,000 | 12,245,000 | 6,197,000 | 3,435,000 | ||||||||||
share-based compensation expense, net of cash payments | 9,257,000 | 10,199,000 | 9,605,000 | 13,670,000 | 14,209,000 | 15,271,000 | 15,705,000 | 8,935,000 | 12,397,000 | 14,371,000 | 14,065,000 | 7,661,000 | 11,896,000 | 11,898,000 | 12,229,000 | 1,721,000 | 11,355,000 | 10,525,000 | 11,775,000 | -4,650,000 | 11,331,000 | 12,060,000 | 12,779,000 | -3,679,000 | 26,145,000 | 11,707,000 | -24,758,000 | 28,580,000 | -1,357,000 | 25,435,000 | 14,463,000 | 4,834,000 | 8,700,000 | |||||||||||||||||||||
changes in: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest receivable | 1,392,000 | -9,331,000 | 138,000 | 5,503,000 | 11,668,000 | -7,815,000 | -10,883,000 | -1,411,000 | -5,829,000 | 617,000 | -2,739,000 | -3,826,000 | -16,636,000 | -4,181,000 | -8,961,000 | -654,000 | -1,808,000 | 681,000 | -1,825,000 | 3,585,000 | 5,305,000 | -1,431,000 | 7,989,000 | 1,234,000 | 3,431,000 | 953,000 | -3,788,000 | 1,544,000 | 1,085,000 | -1,839,000 | 5,596,000 | 3,286,000 | 2,616,000 | 7,128,000 | 5,071,000 | 3,101,000 | 7,626,000 | 1,343,000 | 2,692,000 | 929,000 | 4,486,000 | 1,044,000 | -1,020,000 | 2,351,000 | 1,182,000 | 6,126,000 | ||||||||
reinsurance recoverable on unpaid losses and loss expenses | 88,234,000 | 38,559,000 | -2,141,184,000 | -106,132,000 | -44,352,000 | -220,583,000 | -91,716,000 | -186,791,000 | -288,462,000 | -170,953,000 | -41,091,000 | 6,675,000 | -586,126,000 | -243,969,000 | -56,118,000 | 60,605,000 | ||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on paid losses and loss expenses | -43,103,000 | -23,283,000 | -125,482,000 | 1,064,000 | -82,910,000 | -872,000 | -18,344,000 | 98,362,000 | -6,563,000 | -21,597,000 | 21,028,000 | -53,728,000 | -100,038,000 | 70,307,000 | 100,981,000 | 30,441,000 | ||||||||||||||||||||||||||||||||||||||
deferred acquisition costs | 2,831,000 | 12,182,000 | -27,336,000 | -103,121,000 | 50,528,000 | 18,447,000 | -48,744,000 | -94,737,000 | 54,162,000 | 81,461,000 | -25,424,000 | -88,700,000 | 69,446,000 | 33,319,000 | -1,678,000 | -111,635,000 | 79,573,000 | 30,297,000 | 2,873,000 | -147,129,000 | 89,954,000 | 62,900,000 | 27,770,000 | -119,796,000 | 94,580,000 | 70,944,000 | 45,713,000 | -136,906,000 | -214,500,000 | -240,320,000 | -171,493,000 | -73,759,000 | -175,038,000 | -77,348,000 | -128,010,000 | -149,947,000 | -178,170,000 | -172,169,000 | -53,134,000 | -94,886,000 | -140,140,000 | -118,104,000 | -134,847,000 | -139,298,000 | ||||||||||
prepaid reinsurance premiums | 25,718,000 | 57,639,000 | -46,193,000 | -240,695,000 | 76,817,000 | 89,821,000 | -53,592,000 | -144,311,000 | 56,346,000 | -207,059,000 | -134,427,000 | -80,592,000 | 45,737,000 | 56,618,000 | -102,843,000 | -176,010,000 | 81,436,000 | 17,329,000 | -100,123,000 | -184,288,000 | 83,502,000 | 73,364,000 | -69,933,000 | -181,055,000 | 140,184,000 | 50,686,000 | -19,092,000 | -260,567,000 | -311,498,000 | -361,482,000 | -86,534,000 | -184,648,000 | -37,732,000 | -69,016,000 | -34,247,000 | -6,926,000 | 31,308,000 | 15,059,000 | -55,061,000 | -32,639,000 | 10,688,000 | -18,373,000 | -24,046,000 | 8,588,000 | 6,607,000 | |||||||||
reserve for losses and loss expenses | 127,778,000 | 133,105,000 | 366,801,000 | 278,614,000 | -44,177,000 | 559,084,000 | 117,430,000 | 209,390,000 | 872,274,000 | 147,150,000 | 103,165,000 | 150,410,000 | 515,308,000 | 273,639,000 | -61,768,000 | -182,720,000 | -3,935,000 | 512,178,000 | 131,938,000 | 97,161,000 | 268,186,000 | 471,360,000 | 90,461,000 | 348,285,000 | 251,342,000 | 237,532,000 | -26,275,000 | 4,829,000 | 251,736,000 | 70,178,000 | 1,561,661,000 | 210,452,000 | 314,687,000 | 682,041,000 | 280,099,000 | 268,248,000 | 215,788,000 | |||||||||||||||||
unearned premiums | -174,140,000 | -153,451,000 | 289,020,000 | 653,052,000 | -232,127,000 | -221,032,000 | 324,052,000 | 611,974,000 | -250,694,000 | -138,622,000 | 315,312,000 | 462,751,000 | -290,408,000 | -302,858,000 | 144,303,000 | 736,045,000 | -372,236,000 | -232,760,000 | 147,577,000 | 867,277,000 | -385,036,000 | -349,367,000 | 22,699,000 | 774,703,000 | -525,756,000 | -351,842,000 | -33,613,000 | 903,253,000 | 632,912,000 | 991,992,000 | 654,475,000 | 682,686,000 | 820,947,000 | 380,610,000 | 589,438,000 | 559,479,000 | 685,778,000 | 680,918,000 | 316,427,000 | 503,761,000 | 510,867,000 | 471,944,000 | 648,141,000 | 604,652,000 | 406,897,000 | 372,374,000 | -358,299,341 | -67,887,000 | -11,304,000 | 437,606,000 | 34,057,000 | 27,678,000 | 476,937,000 | 152,071,000 |
insurance and reinsurance balances | 184,308,000 | 316,917,000 | -190,758,000 | -326,816,000 | 196,437,000 | 194,362,000 | -5,072,000 | -267,456,000 | 117,402,000 | 278,235,000 | -44,149,000 | -337,675,000 | 10,223,000 | 329,186,000 | 89,306,000 | -345,837,000 | 238,581,000 | 449,179,000 | 152,893,000 | -491,151,000 | 239,211,000 | 273,980,000 | 61,749,000 | -502,437,000 | 326,751,000 | 202,624,000 | -21,300,000 | -559,150,000 | -290,728,000 | -654,090,000 | -559,456,000 | -623,170,000 | -737,185,000 | -330,128,000 | -561,146,000 | -415,909,000 | -630,861,000 | -603,478,000 | -265,331,000 | -469,234,000 | -511,297,000 | -307,816,000 | -612,334,000 | -560,084,000 | ||||||||||
other items | 144,255,000 | 30,998,000 | 41,329,000 | -66,765,000 | 21,540,000 | 32,276,000 | 47,838,000 | -258,702,000 | -69,699,000 | 100,307,000 | -20,121,000 | -56,368,000 | 28,084,000 | -1,841,000 | 45,619,000 | -117,710,000 | 81,532,000 | 76,447,000 | 5,399,000 | -7,399,000 | -7,971,000 | -23,600,000 | -25,080,000 | -40,413,000 | -58,401,000 | 17,185,000 | -14,627,000 | -38,536,000 | 67,813,000 | 25,718,000 | -40,834,000 | -74,383,000 | -96,430,000 | 7,841,000 | -88,952,000 | -95,778,000 | -44,630,000 | 9,129,000 | 79,074,000 | 45,884,000 | -2,778,000 | -90,857,000 | -155,803,000 | -113,075,000 | ||||||||||
net cash from operating activities | 630,366,000 | 673,841,000 | -1,654,218,000 | 309,079,000 | 355,547,000 | 587,027,000 | 518,100,000 | 384,139,000 | 306,256,000 | 348,224,000 | 378,645,000 | 222,434,000 | -224,794,000 | 403,244,000 | 380,455,000 | 133,311,000 | 104,658,000 | 475,237,000 | 389,781,000 | 145,146,000 | -5,276,000 | 242,787,000 | 155,736,000 | -49,744,000 | -42,511,000 | 258,098,000 | 41,109,000 | -57,692,000 | 131,167,000 | -42,451,000 | -36,261,000 | 265,310,000 | -14,250,000 | 702,930,000 | 115,612,000 | -27,980,000 | 151,268,000 | 220,591,000 | 888,019,000 | 463,560,000 | 175,541,000 | 991,633,000 | 592,154,000 | 277,689,000 | 1,229,734,000 | 295,991,000 | -1,147,133,310 | 287,892,000 | 415,559,000 | 445,302,000 | 478,254,000 | 419,024,000 | 365,476,000 | 374,489,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 630,366,000 | 673,841,000 | -1,654,218,000 | 309,079,000 | 355,547,000 | 587,027,000 | 518,100,000 | 384,139,000 | 306,256,000 | 348,224,000 | 378,645,000 | 222,434,000 | -224,794,000 | 403,244,000 | 380,455,000 | 133,311,000 | 104,658,000 | 475,237,000 | 389,781,000 | 145,146,000 | -5,276,000 | 242,787,000 | 155,736,000 | -49,744,000 | -42,511,000 | 258,098,000 | 41,109,000 | -57,692,000 | 131,167,000 | -42,451,000 | -36,261,000 | 265,310,000 | -14,250,000 | 702,930,000 | 115,612,000 | -27,980,000 | 151,268,000 | 220,591,000 | 888,019,000 | 463,560,000 | 175,541,000 | 991,633,000 | 592,154,000 | 277,689,000 | 1,229,734,000 | 295,991,000 | -1,147,133,310 | 287,892,000 | 415,559,000 | 445,302,000 | 478,254,000 | 419,024,000 | 365,476,000 | 374,489,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available for sale | -2,189,817,000 | -2,157,684,000 | -1,889,661,000 | -2,946,681,000 | -3,265,735,000 | -2,730,553,000 | -2,083,380,000 | -2,450,714,000 | -1,182,307,000 | -1,936,016,000 | -1,616,425,000 | -1,614,005,000 | -2,010,093,000 | -1,519,098,000 | -1,659,312,000 | -2,287,937,000 | -1,950,268,000 | -2,654,920,000 | -2,856,598,000 | -4,671,969,000 | ||||||||||||||||||||||||||||||||||
fixed maturities, held to maturity | -13,629,000 | -67,651,000 | -33,973,000 | -9,950,000 | -5,000,000 | -23,722,000 | -30,499,000 | -46,534,000 | -12,499,000 | 0 | -4,999,000 | -20,001,000 | -7,748,000 | -48,958,000 | -147,912,000 | -50,992,000 | -50,625,000 | -28,975,000 | -56,426,000 | -60,749,000 | ||||||||||||||||||||||||||||||||||
equity securities | -47,420,000 | -2,314,000 | -8,083,000 | -73,063,000 | -2,654,000 | -33,734,000 | -1,861,000 | -76,270,000 | -2,114,000 | -3,116,000 | -6,712,000 | -77,560,000 | -1,347,000 | -43,053,000 | -47,706,000 | -2,218,000 | -32,080,000 | -38,724,000 | -30,775,000 | -35,668,000 | -77,856,000 | -24,303,000 | 408,000 | -16,132,000 | -12,936,000 | -18,115,000 | -3,468,000 | -23,503,000 | -59,040,000 | -49,498,000 | -98,559,000 | -295,827,000 | -102,963,000 | -240,415,000 | -96,170,000 | -41,239,000 | -73,197,000 | -70,838,000 | -258,448,000 | -211,878,000 | -108,848,000 | -461,103,000 | -336,421,000 | -167,697,000 | ||||||||||
mortgage loans | -5,002,000 | -210,000 | -10,153,000 | -72,000 | -14,577,000 | -693,000 | -833,000 | -1,552,000 | -2,549,000 | -1,632,000 | -6,656,000 | -14,030,000 | -3,045,000 | -12,714,000 | -58,462,000 | -42,802,000 | -60,630,000 | -11,730,000 | -27,974,000 | -45,498,000 | -83,969,000 | -19,526,000 | -11,026,000 | -84,738,000 | -64,309,000 | -33,805,000 | -80,941,000 | -14,965,000 | -78,079,000 | -60,195,000 | -131,087,000 | -61,263,000 | -129,431,000 | -79,606,000 | ||||||||||||||||||||
other investments | -98,198,000 | -30,607,000 | -20,648,000 | -20,729,000 | -16,936,000 | -14,601,000 | -19,691,000 | -18,368,000 | -23,182,000 | -10,704,000 | -30,816,000 | -26,308,000 | -25,089,000 | -18,899,000 | -66,418,000 | -37,311,000 | -69,500,000 | -68,678,000 | -79,210,000 | -46,324,000 | -73,558,000 | -17,241,000 | -54,945,000 | -20,858,000 | -51,450,000 | -25,203,000 | -71,486,000 | -70,039,000 | -79,319,000 | -57,477,000 | -63,742,000 | -177,500,000 | -117,622,000 | -61,591,000 | -54,482,000 | -21,418,000 | -19,850,000 | -107,436,000 | -110,084,000 | -90,084,000 | -50,084,000 | -180,000,000 | -120,000,000 | -45,000,000 | ||||||||||
equity method investments | -1,376,000 | -2,019,000 | -2,385,000 | -4,955,000 | -2,018,000 | -2,387,000 | -3,211,000 | -6,791,000 | -10,894,000 | -1,000,000 | -103,548,000 | |||||||||||||||||||||||||||||||||||||||||||
short-term investments | -9,120,000 | -1,501,000 | -37,914,000 | -196,153,000 | -134,849,000 | -92,228,000 | -21,991,000 | -82,199,000 | -25,881,000 | -145,566,000 | -21,157,000 | -54,895,000 | -35,147,000 | -51,391,000 | -39,534,000 | -50,896,000 | -23,657,000 | -18,800,000 | -7,002,000 | -109,597,000 | -158,770,000 | -71,578,000 | -40,470,000 | -94,352,000 | -52,270,000 | -26,024,000 | -15,891,000 | -85,045,000 | -285,103,000 | -239,313,000 | -2,320,000 | -81,479,000 | -13,931,000 | -34,147,000 | -30,745,000 | -14,513,000 | -420,115,000 | -57,405,000 | -285,913,000 | -152,380,000 | -79,398,000 | -598,997,000 | -333,746,000 | -163,980,000 | ||||||||||
unsettled payable for reverse repurchase agreements included in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of fixed maturities, available for sale | 529,003,000 | 380,445,000 | 337,225,000 | 369,666,000 | 324,018,000 | 354,492,000 | 394,263,000 | 435,700,000 | 253,380,000 | 256,801,000 | 202,742,000 | 221,094,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of fixed maturities, held to maturity | 22,881,000 | 66,048,000 | 18,510,000 | 63,780,000 | 65,421,000 | 157,839,000 | 85,761,000 | 39,791,000 | 38,249,000 | 5,301,000 | 4,463,000 | 1,596,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of short-term investments | 995,000 | 15,659,000 | 15,795,000 | 102,524,000 | 15,699,000 | 12,900,000 | 35,901,000 | 4,510,000 | 30,473,000 | 3,502,000 | 32,050,000 | 10,520,000 | 0 | 2,094,000 | 12,500,000 | 5,530,000 | 39,752,000 | 30,797,000 | 18,982,000 | 21,886,000 | 11,759,000 | 0 | 56,173,000 | 1,775,000 | 3,572,000 | 8,223,000 | 5,158,000 | 2,413,000 | 37,831,000 | 30,572,000 | 111,931,000 | 8,185,000 | 2,282,000 | 22,337,000 | 6,987,000 | 4,632,000 | 14,548,000 | 10,955,000 | 63,313,000 | 62,658,000 | 46,970,000 | 125,641,000 | 99,980,000 | 78,649,000 | ||||||||||
proceeds from the repayment of mortgage loans | 56,371,000 | 23,315,000 | 38,076,000 | 35,579,000 | 29,607,000 | 15,110,000 | 53,313,000 | 211,000 | 755,000 | 208,000 | 30,206,000 | 5,206,000 | 29,484,000 | 15,285,000 | 29,614,000 | 9,982,000 | 90,211,000 | 44,470,000 | 1,619,000 | 9,321,000 | 34,876,000 | 294,000 | 3,552,000 | 399,000 | 39,485,000 | 20,273,000 | 243,000 | 243,000 | 70,481,000 | 40,741,000 | 10,233,000 | 4,808,000 | ||||||||||||||||||||||
proceeds from the purchase of other assets | -15,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loan advances made | -17,949,000 | -26,562,000 | -25,465,000 | -68,696,000 | -22,579,000 | -36,881,000 | -38,356,000 | -101,229,000 | -199,963,000 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -340,538,000 | -565,966,000 | -184,507,000 | 462,286,000 | 1,390,982,000 | -700,339,000 | -621,230,000 | 211,039,000 | -165,617,000 | -544,111,000 | 13,522,000 | -159,404,000 | -422,057,000 | -71,940,000 | -484,418,000 | 322,617,000 | -244,867,000 | -522,646,000 | -322,456,000 | -24,226,000 | 103,947,000 | -416,551,000 | 779,504,000 | 23,021,000 | -1,472,000 | -106,595,000 | -563,478,000 | -102,770,000 | 409,111,000 | 314,256,000 | 357,543,000 | 116,695,000 | -14,839,000 | -169,892,000 | 62,191,000 | 163,586,000 | -163,771,000 | -8,653,000 | -628,448,000 | -470,594,000 | -449,406,000 | -772,305,000 | -492,219,000 | -206,904,000 | 40,036,000 | |||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares | -287,758,000 | -109,978,000 | -143,809,000 | -389,086,000 | -136,011,000 | -332,097,000 | -25,951,000 | -22,581,000 | -162,536,000 | -130,768,000 | -316,793,000 | -137,969,000 | -47,711,000 | |||||||||||||||||||||||||||||||||||||||||
taxes paid on withholding shares | -885,000 | -60,000 | -1,100,000 | -24,514,000 | -982,000 | -387,000 | -435,000 | -14,121,000 | -6,172,000 | -373,000 | -1,106,000 | -15,945,000 | -306,000 | -342,000 | -369,000 | -12,977,000 | -216,000 | -206,000 | -439,000 | -9,381,000 | -1,697,000 | -83,000 | -111,000 | -8,491,000 | -720,000 | -31,000 | -411,000 | -9,003,000 | -8,699,000 | -8,676,000 | ||||||||||||||||||||||||
dividends paid - common shares | -33,970,000 | -34,400,000 | -34,772,000 | -39,590,000 | -37,135,000 | -37,121,000 | -37,301,000 | -40,208,000 | -38,206,000 | -37,547,000 | -37,699,000 | -40,323,000 | -36,453,000 | -36,441,000 | -36,704,000 | -39,743,000 | -35,629,000 | -35,668,000 | -35,723,000 | -38,583,000 | -34,995,000 | -34,601,000 | -34,676,000 | -37,318,000 | -33,683,000 | -33,578,000 | -33,688,000 | -36,260,000 | -100,770,000 | -68,172,000 | -38,541,000 | -100,670,000 | -36,636,000 | -89,611,000 | -59,170,000 | -30,103,000 | -29,562,000 | -33,189,000 | -92,069,000 | -62,557,000 | -32,398,000 | -176,274,000 | -147,883,000 | -29,320,000 | ||||||||||
dividends paid - preferred shares | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -7,563,000 | -7,562,000 | -9,144,000 | -10,656,000 | -10,656,000 | -10,657,000 | -10,656,000 | -31,969,000 | -21,313,000 | -14,841,000 | -29,940,000 | -10,003,000 | -30,066,000 | -20,044,000 | -10,022,000 | -10,022,000 | -8,741,000 | -29,487,000 | -13,803,000 | -9,219,000 | -27,656,000 | -18,438,000 | -9,219,000 | ||||||||||
federal home loan bank advances | -9,200,000 | 0 | 0 | 0 | 5,250,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -330,175,000 | -152,001,000 | -93,423,000 | -511,659,000 | -114,937,000 | -95,199,000 | -83,659,000 | -123,499,000 | -51,940,000 | -45,483,000 | -46,367,000 | -58,581,000 | -44,321,000 | 34,604,000 | -79,622,000 | -60,283,000 | -43,407,000 | -43,437,000 | -43,724,000 | -55,527,000 | -44,254,000 | -42,247,000 | -542,349,000 | -279,953,000 | 376,116,000 | -44,265,000 | 1,578,000 | -55,919,000 | -141,438,000 | -98,161,000 | -197,191,000 | -522,531,000 | -183,710,000 | -448,732,000 | -101,990,000 | -42,852,000 | 294,490,000 | -164,445,000 | -445,300,000 | -222,844,000 | 305,888,000 | -213,097,000 | -175,510,000 | -48,215,000 | 317,348,000 | |||||||||
effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash | 3,454,000 | -6,997,000 | 8,582,000 | 9,440,000 | -39,297,000 | 24,774,000 | 278,000 | -14,090,000 | 27,971,000 | -9,585,000 | -6,825,000 | 193,000 | 30,563,000 | -28,574,000 | -25,198,000 | -6,624,000 | 2,102,000 | 607,000 | 5,563,000 | -8,346,000 | 7,999,000 | 7,994,000 | 14,879,000 | -28,718,000 | ||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | -36,893,000 | -51,123,000 | -1,923,566,000 | 269,146,000 | 1,592,295,000 | -183,737,000 | -186,511,000 | 457,589,000 | 116,670,000 | -250,955,000 | 338,975,000 | 4,642,000 | 337,334,000 | -208,783,000 | 389,021,000 | 29,164,000 | 57,047,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
in 2025, net investment losses in the consolidated statements of cash flows excluded net realized gains on overseas deposits of 3 million (2024: 6 million) that are included in net investment losses in the consolidated statement of operations. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 11,047,000 | 11,260,000 | 11,829,000 | 14,012,000 | 55,897,000 | 45,446,000 | 12,000,000 | 29,583,000 | 20,059,000 | 10,447,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - beginning of period | 0 | 0 | 3,063,621,000 | 0 | 0 | 1,383,985,000 | 0 | 0 | 1,174,653,000 | 0 | 0 | 1,317,690,000 | 0 | 0 | 1,503,232,000 | 0 | 0 | 1,576,457,000 | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - end of period | -51,123,000 | -1,923,566,000 | 3,332,767,000 | -183,737,000 | -186,511,000 | 1,841,574,000 | -250,955,000 | 338,975,000 | 1,179,295,000 | 337,334,000 | -208,783,000 | 1,706,711,000 | -90,239,000 | 29,164,000 | 1,560,279,000 | -208,017,000 | 407,770,000 | 1,241,063,000 | ||||||||||||||||||||||||||||||||||||
proceeds from the purchase of other asset | -12,069,000 | -7,273,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares - open market | -439,992,000 | -60,058,000 | -39,918,000 | -38,361,000 | -61,607,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
in 2024, net investment losses in the consolidated statement of cash flows included net realized gains on overseas deposits of 6 million that are included in net investment gains in the consolidated statement of operations. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized losses on other investments | -19,566,000 | -313,000 | -40,117,000 | -41,414,000 | -41,833,000 | 2,119,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of other asset | -5,014,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest in loss of equity method investments | -11,911,000 | -9,798,000 | -9,162,000 | 23,577,000 | 5,766,000 | 2,434,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net investment (gains) losses | 9,207,000 | -42,711,000 | -14,526,000 | -21,229,000 | -12,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
interest in (income) loss of equity method investments | -1,169,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the (purchase) sale of other assets | -8,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of value of business acquired | 771,000 | 1,027,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,284,000 | 1,799,000 | 2,056,000 | 4,368,000 | 7,194,000 | 13,104,000 | 149,535,000 | 110,517,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of other assets | -8,635,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 23,209,000 | 33,950,000 | -2,403,000 | 13,699,000 | 20,868,000 | 8,981,000 | -4,901,000 | 1,723,000 | -2,131,000 | -1,256,000 | 12,084,000 | 1,321,000 | 36,485,000 | 8,276,000 | -23,836,200 | 1,309,000 | ||||||||||||||||||||||||||||||||||||||
interest paid | 17,607,000 | 14,490,000 | 17,110,000 | 16,263,000 | 7,000,000 | 22,700,000 | 12,288,000 | 21,687,000 | 13,133,000 | 6,437,000 | 14,375,000 | -15,646,949 | 0 | |||||||||||||||||||||||||||||||||||||||||
proceeds from the sale (purchase) of other assets | 5,299,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of other assets | -11,788,000 | -7,994,000 | -6,616,000 | -10,431,000 | -8,026,000 | -16,599,000 | -7,891,000 | -6,216,000 | -8,079,000 | -8,112,000 | -14,985,000 | -13,485,000 | -21,306,000 | -9,053,000 | -20,696,000 | -12,051,000 | -16,918,000 | -13,043,000 | -4,427,000 | -19,055,000 | -44,721,000 | -18,401,000 | -12,093,000 | -4,647,000 | -19,152,000 | -7,605,000 | -26,335,000 | -13,296,000 | -5,491,000 | -18,909,000 | -12,164,000 | -6,388,000 | ||||||||||||||||||||||
redemption of senior notes | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred shares | 0 | 0 | 0 | -225,000,000 | -2,843,000 | -2,843,000 | -404,073,000 | -404,073,000 | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash, cash equivalents and restricted cash | -181,514,000 | -335,394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption of fixed maturities, available for sale | 180,498,000 | 253,618,000 | 416,838,000 | 420,931,000 | 474,535,000 | 486,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption of fixed maturities, held to maturity | 0 | 0 | 3,500,000 | 15,450,000 | 57,727,000 | 61,170,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net investment gains | -20,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash foreign exchange gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of senior notes | 0 | 494,344,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable balances on unpaid and paid losses | -408,193,000 | -100,514,000 | -61,380,000 | -152,759,000 | -93,815,000 | -260,131,000 | -18,894,000 | -47,928,000 | -98,425,000 | |||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable on unpaid and paid losses and loss expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities | -1,950,557,000 | -3,232,378,000 | -2,534,210,000 | -2,777,053,000 | -2,288,354,000 | -2,690,946,000 | -2,589,639,000 | -2,425,086,000 | -6,707,576,000 | -4,910,021,000 | -2,670,518,000 | -6,624,573,000 | -2,556,709,000 | -8,110,841,000 | -5,454,612,000 | -3,036,497,000 | -3,298,375,000 | -2,595,964,000 | -10,807,096,000 | -7,093,200,000 | -4,114,912,000 | -12,135,839,000 | -7,107,230,000 | -3,794,801,000 | ||||||||||||||||||||||||||||||
proceeds from redemption of fixed maturities | 370,748,000 | 359,054,000 | 372,387,000 | 424,207,000 | 397,668,000 | 315,206,000 | 291,772,000 | 278,150,000 | 982,010,000 | 706,487,000 | 521,716,000 | 977,852,000 | 246,147,000 | 1,107,175,000 | 782,367,000 | 280,864,000 | 279,815,000 | 357,915,000 | 1,059,873,000 | 677,394,000 | 339,436,000 | 1,114,611,000 | 751,627,000 | 469,745,000 | ||||||||||||||||||||||||||||||
net realized and unrealized (gains) losses on other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash foreign exchange losses | 24,149,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on foreign currency cash, cash equivalents, and restricted cash | 6,599,000 | 9,247,000 | -7,381,000 | -10,228,000 | -10,737,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents, and restricted cash | 113,837,000 | -511,544,000 | -223,762,000 | 388,612,000 | 162,907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash - beginning of period | 0 | 0 | 1,830,020,000 | 1,363,786,000 | 1,363,786,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash - end of period | 113,837,000 | -511,544,000 | 1,606,258,000 | 1,752,398,000 | 1,526,693,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
reserve for loss and loss expenses | 179,018,000 | 118,803,000 | -237,773,000 | 216,828,000 | 50,132,000 | 212,066,000 | 147,463,000 | -127,224,000 | 85,312,000 | 38,972,000 | 326,025,000 | 175,606,000 | 174,299,000 | 1,302,466,000 | 1,370,237,000 | 981,486,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of preferred shares | 393,544,000 | 393,544,000 | 393,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares | 8,000 | 1,783,000 | 3,042,000 | 3,175,000 | 2,863,000 | 2,266,000 | 8,253,000 | 3,578,000 | 2,014,000 | 1,248,000 | 6,614,000 | 5,621,000 | 4,851,000 | |||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable balances | -419,226,000 | -283,733,000 | 348,942,000 | -163,212,000 | -6,668,000 | -158,362,000 | -140,911,000 | -10,133,000 | 18,305,000 | -31,728,000 | -19,081,000 | -22,029,000 | 3,732,000 | -181,469,000 | -197,054,000 | -111,231,000 | 139,853,000 | 108,044,000 | ||||||||||||||||||||||||||||||||||||
purchase of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment (gains) losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash and cash equivalents | -84,294,000 | -42,445,000 | 11,627,000 | 99,645,000 | 97,201,000 | 14,369,000 | -24,405,000 | 34,174,000 | 31,130,000 | -20,751,000 | -50,943,000 | -149,981,000 | -79,578,000 | -7,083,000 | ||||||||||||||||||||||||||||||||||||||||
net realized investment losses | 25,050,000 | 40,295,000 | 66,508,000 | 123,618,000 | 53,662,000 | 42,553,000 | -30,144,000 | |||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on foreign currency cash and cash equivalents | 1,678,000 | 593,000 | 1,986,000 | -13,883,000 | -8,248,000 | -17,988,000 | 441,000 | |||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 125,769,000 | -139,933,000 | -210,813,000 | 70,423,000 | 67,565,000 | 74,766,000 | 282,428,000 | 39,839,000 | -182,264,000 | 39,990,000 | 5,701,000 | -58,393,000 | 33,751,000 | 359,924,000 | 230,629,000 | 68,880,000 | 47,239,000 | 113,736,000 | 214,116,000 | -80,914,000 | 196,954,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of period | 1,039,494,000 | 988,133,000 | 988,133,000 | 921,830,000 | 921,830,000 | 921,830,000 | 923,326,000 | 759,817,000 | 981,849,000 | 981,849,000 | 981,849,000 | 929,515,000 | 929,515,000 | 929,515,000 | 0 | 0 | 605,175,000 | 0 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of period | 1,165,263,000 | 848,200,000 | 777,320,000 | 992,253,000 | 989,395,000 | 996,596,000 | 1,205,754,000 | 799,656,000 | 799,585,000 | 751,011,000 | 1,021,839,000 | 935,216,000 | 871,122,000 | 963,266,000 | 47,239,000 | 746,065,000 | 214,116,000 | -80,914,000 | 802,129,000 | -136,483,000 | ||||||||||||||||||||||||||||||||||
purchase of subsidiary, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -230,838,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of shares to noncontrolling interests | 56,991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital to noncontrolling interests | -40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impact of the deconsolidation of a variable interest entity | -71,649,000 | -71,649,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | -10,620,000 | -44,478,000 | -95,699,000 | -44,896,000 | -14,491,000 | -125,177,000 | -67,621,000 | |||||||||||||||||||||||||||||||||||||||||||||||
sale of shares to noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains of other investments | -43,431,000 | -72,320,000 | -38,079,000 | -40,420,000 | -5,890,000 | -36,542,000 | -25,031,000 | |||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on foreign currency cash | -7,654,000 | 3,465,000 | -960,000 | 7,967,000 | -530,000 | 17,182,000 | 11,181,000 | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of series a preferred shares included in other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of class a preferred shares included in other liabilities | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on insurance derivative contract | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of insurance derivative contract | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of shares | -15,781,000 | -14,810,000 | -14,527,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized (gains) losses of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (purchases) sales of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases (sales) of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization/(accretion) of fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption of fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of repurchase agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on insurance derivative contract | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization/accretion of fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized losses (gains) of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and maturities of fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment) proceeds from repurchase agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized losses (gains) of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available-for-sale fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and maturities of available-for-sale fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in fair value of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization/accretion of fixed maturity investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and maturities of available-for-sale securities | 3,384,106,000 | 1,172,473,000 | -4,371,153,577 | 1,402,998,000 | 1,638,197,000 | 1,336,399,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease)/increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid — common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid — preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — beginning of period | 1,280,990,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — end of period | 1,511,619,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
change in carrying value of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid—common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid—preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repurchase agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 1,280,990,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | 1,640,914,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized losses on sales of investments | 23,774,000 | 8,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization on fixed maturities and other investments | 23,569,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred compensation and option expense | 19,604,000 | 6,100,000 | -17,958,447 | 5,689,000 | 6,225,000 | 6,070,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 2,470,000 | 957,000 | -2,739,322 | 1,976,000 | 385,000 | 382,000 | 383,000 | 420,000 | 375,000 | 375,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred debt expenses | 338,000 | 113,000 | -339,547 | 112,000 | 65,000 | 163,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
insurance and reinsurance premium balances receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable balances on paid losses | 13,575,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance and reinsurance balances payable | -77,917,708 | 74,171,000 | -35,341,000 | 39,154,000 | -17,946,000 | 14,889,000 | 41,871,000 | -39,907,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 3,182,000 | 5,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total adjustments | 556,844,000 | 91,175,000 | -1,290,658,750 | 755,967,000 | 242,714,000 | 293,503,000 | 471,973,000 | 278,168,000 | 198,690,000 | 227,507,000 | ||||||||||||||||||||||||||||||||||||||||||||
acquisition of subsidiaries, net of cash accrued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common share dividends | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares dividends | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares | 17,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized losses (gains) on sales of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization on fixed maturities | 7,518,000 | 8,865,000 | 7,387,000 | 7,511,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available—for—sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and maturities of available—for—sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from provided by investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred share dividends | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issue of common shares | 13,160,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization/accretion on fixed maturities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 515,000 | 505,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid in acquisition of subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common share dividends paid | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received from issuance of senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issue of preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase/(decrease) in cash and cash equivalents | -136,483,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gain on sales of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issue of shares | 246,107,000 | 519,000 | 37,000 | 60,000 | 317,348,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains on sales of investments | 1,393,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – beginning of period | 0 | 632,329,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of discounts on fixed maturities | 8,265,000 | 9,058,000 | 8,589,000 | 6,723,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred compensation | 4,134,000 | 4,621,000 | 4,636,000 | 2,048,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of available-for-sale securities | 1,455,666,000 | 1,386,275,000 | 1,372,134,000 | 3,752,566,000 |