7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 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 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2008-12-31 2008-09-30 2008-06-30 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-06-30 
      
    		                                                                 
      assets
    		                                                                 
      investments, at fair value:
    		                                                                 
      fixed maturity securities
    		5,154,481,000 4,993,829,000 4,600,058,000 4,913,378,000 4,858,840,000 4,661,761,000 4,489,552,000 4,319,336,000 4,114,657,000 4,094,703,000 4,142,087,000 4,088,311,000 3,897,859,000 3,878,684,000 3,959,679,000 4,031,523,000 3,990,513,000 3,761,777,000 3,587,496,000 3,549,810,000 3,485,363,000 3,327,362,000 3,299,873,000 3,139,439,000 3,157,398,000 3,077,373,000 2,952,871,000 2,949,236,000 2,929,132,000 2,841,736,000 2,952,084,000 2,914,287,000 2,972,927,000 2,939,494,000 2,942,514,000 2,886,864,000 2,890,629,000 2,888,943,000 2,619,867,000 2,704,628,000 2,633,232,000 2,538,514,000 2,482,052,000 2,513,418,000 2,408,354,000                     
      equity securities
    		746,227,000 687,652,000 588,341,000 879,175,000 870,837,000 815,924,000 801,108,000 730,693,000 670,993,000 670,491,000 686,105,000 699,552,000 684,335,000 782,802,000 946,015,000 970,939,000 890,620,000 870,556,000 810,602,000 803,851,000 809,591,000 739,163,000 619,684,000 657,135,000 645,407,000 616,500,000 688,387,000 614,336,000 549,786,000 519,194,000 427,029,000 425,506,000 374,458,000 367,039,000 335,616,000 298,687,000 315,590,000 380,816,000 496,511,000 455,542,000 379,912,000 336,367,000 528,725,000 539,258,000 477,088,000                     
      short-term investments
    		472,897,000 281,766,000 208,143,000 283,817,000 288,704,000 147,865,000 162,466,000 178,491,000 211,778,000 189,991,000 146,840,000 122,937,000 100,621,000 172,130,000 133,920,000 140,127,000 193,621,000 408,471,000 548,104,000 375,609,000 253,842,000 335,634,000 237,520,000 421,574,000 362,197,000 367,351,000 262,806,000 270,584,000 245,198,000 366,402,000 280,045,000 260,705,000 206,851,000 181,304,000 155,185,000 162,835,000 153,548,000 173,604,000 291,325,000 229,412,000 303,560,000 251,449,000 165,520,000 152,081,000 294,653,000 221,083,000 179,326,000 227,196,000 236,444,000 248,857,000 138,671,000 111,618,000 162,229,000 103,740,000 134,255,000 156,165,000          
      total investments
    		6,373,605,000 5,963,247,000 5,396,542,000 6,076,370,000 6,018,381,000 5,625,550,000 5,453,126,000 5,228,520,000 4,997,428,000 4,955,185,000 4,975,032,000 4,910,800,000 4,682,815,000 4,833,616,000 5,039,614,000 5,142,589,000 5,074,754,000 5,040,804,000 4,946,202,000 4,729,270,000 4,548,796,000 4,402,159,000 4,157,077,000 4,218,148,000 4,165,002,000 4,061,224,000 3,904,064,000 3,834,156,000 3,724,116,000 3,727,332,000 3,659,158,000 3,600,498,000 3,554,236,000 3,487,837,000 3,433,315,000 3,348,386,000 3,359,767,000 3,443,363,000 3,407,703,000 3,389,582,000 3,316,704,000 3,126,330,000 3,176,297,000 3,204,757,000 3,180,095,000 3,160,613,000 3,113,130,000 3,119,246,000 3,062,421,000 3,037,561,000 3,117,602,000 3,025,854,000 3,223,482,000 3,081,104,000 3,116,141,000 3,146,857,000 2,933,820,000 3,217,923,000 3,484,055,000 3,588,675,000 3,499,738,000 3,242,712,000 2,921,042,000 2,539,514,000 1,982,568,000 
      cash
    		1,252,575,000 1,122,252,000 1,284,790,000 720,257,000 616,275,000 609,333,000 530,085,000 550,903,000 453,936,000 357,723,000 270,380,000 289,776,000 335,886,000 290,002,000 295,764,000 335,557,000 341,606,000 378,615,000 338,430,000 348,479,000 322,129,000 262,153,000 252,836,000 315,370,000 240,320,000 270,105,000 261,680,000 243,751,000 290,070,000 284,639,000 261,425,000 236,584,000 229,857,000 233,281,000 235,109,000 295,184,000 274,782,000 234,576,000 279,681,000 258,473,000 238,832,000 250,061,000 180,331,000 185,042,000 158,183,000 188,174,000 160,487,000 204,701,000 211,393,000 209,763,000 305,057,000 334,290,000 174,794,000 219,466,000 242,511,000 185,505,000 35,396,000 33,761,000 43,239,000 48,245,000 47,606,000 34,793,000 23,714,000 36,964,000 15,712,000 
      receivables:
    		                                                                 
      premiums
    		778,611,000 756,554,000 752,248,000 697,176,000 731,379,000 711,491,000 682,473,000 607,025,000 624,953,000 590,617,000 568,825,000 571,910,000 646,942,000 639,272,000 647,143,000 621,740,000 653,599,000 621,704,000 623,011,000 599,070,000 631,091,000 612,745,000 633,328,000          474,586,000   442,061,000 413,870,000 417,323,000 395,688,000 384,388,000 392,523,000 372,818,000 356,061,000 368,303,000 345,387,000 346,317,000 317,438,000 309,910,000 288,799,000 298,184,000 287,006,000 296,321,000 290,722,000             
      allowance for credit losses on premiums receivable
    		-6,400,000 -6,300,000 -6,600,000 -6,400,000 -6,100,000 -6,000,000 -5,800,000 -5,300,000 -5,200,000 -5,400,000 -5,800,000 -5,800,000 -6,000,000 -6,000,000 -6,000,000 -6,000,000 -6,000,000 -6,000,000 -7,000,000 -10,000,000 -10,000,000 -10,000,000 -10,000,000                                           
      premiums receivable, net of allowance
    		772,211,000 750,254,000 745,648,000 690,776,000 725,279,000 705,491,000 676,673,000 601,725,000 619,753,000 585,217,000 563,025,000 566,110,000 640,942,000 633,272,000 641,143,000 615,740,000 647,599,000 615,704,000 616,011,000 589,070,000 621,091,000 602,745,000 623,328,000                                           
      accrued investment income
    		69,107,000 66,949,000 61,895,000 67,630,000 65,118,000 64,414,000 61,198,000 59,128,000 58,273,000 55,597,000 53,135,000 52,474,000 48,894,000 46,071,000 43,380,000 43,299,000 41,546,000 40,760,000 44,182,000 42,985,000 43,356,000 42,247,000 43,101,000 41,492,000 42,691,000 43,936,000 48,021,000 45,657,000 42,599,000 42,535,000 44,334,000 41,676,000 41,143,000 42,217,000 40,768,000 41,383,000 43,562,000 40,828,000 38,171,000 39,254,000 36,572,000 35,316,000 33,783,000 33,778,000 31,109,000 33,348,000 32,828,000 33,649,000 32,541,000 33,976,000 35,300,000 35,712,000 38,257,000 37,294,000 37,985,000 37,405,000 36,540,000 37,824,000 36,850,000 36,436,000 34,307,000 33,051,000 28,855,000 26,585,000 28,526,000 
      other
    		59,741,000 97,721,000 151,306,000 62,118,000 57,862,000 33,662,000 30,040,000 25,603,000 18,262,000 15,092,000 21,500,000 11,358,000 7,871,000 7,358,000 7,490,000 7,600,000 7,258,000 10,309,000 6,675,000 10,730,000 10,014,000 8,421,000 7,831,000 5,554,000 5,252,000 6,330,000 6,077,000 6,152,000 6,978,000 18,041,000 18,961,000 23,079,000 22,291,000 23,019,000 21,176,000 21,114,000 21,411,000 21,744,000 22,212,000 21,462,000 21,448,000 18,399,000 17,846,000 16,306,000 17,756,000 12,102,000 11,691,000 11,565,000 11,320,000 10,203,000 11,287,000 10,669,000 11,246,000 11,059,000 11,010,000 13,689,000 9,526,000 7,875,000 7,595,000 9,010,000 10,085,000 19,724,000 30,415,000 18,612,000 23,063,000 
      total receivables
    		901,059,000 914,924,000 958,849,000 820,524,000 848,259,000 803,567,000 767,911,000 686,456,000 696,288,000 655,906,000 637,660,000 629,942,000 697,707,000 686,701,000 692,013,000 666,639,000 696,403,000 666,773,000 666,868,000 642,785,000 674,461,000 653,413,000 674,260,000 676,882,000 640,675,000 630,229,000 612,102,000 579,089,000 558,754,000 546,444,000 532,376,000 543,100,000 538,020,000 525,313,000 527,681,000 504,558,000 478,843,000 479,895,000 456,071,000 445,104,000 450,543,000 426,533,000 407,690,000 418,387,000 394,252,000 391,767,000 361,957,000 355,124,000 332,660,000 342,363,000 333,593,000 342,702,000 340,225,000 328,265,000 340,578,000 327,882,000 339,992,000 359,187,000 353,588,000 367,686,000 372,777,000 390,234,000 367,662,000   
      reinsurance recoverables
    		175,768,000 390,717,000 623,599,000 28,613,000 28,019,000 29,759,000 29,964,000 31,947,000 26,446,000 27,538,000 32,726,000 25,895,000 25,309,000 27,707,000 35,106,000 45,000,000 49,925,000 52,705,000 54,312,000 48,579,000 41,432,000 50,137,000 70,366,000 103,448,000 126,571,000 114,500,000 53,419,000 47,837,000 52,676,000                                     
      deferred policy acquisition costs
    		362,886,000 349,145,000 336,470,000 335,332,000 341,406,000 326,859,000 307,938,000 293,844,000 296,572,000 278,261,000 266,391,000 266,475,000 279,726,000 273,533,000 265,921,000 258,259,000 263,274,000 250,823,000 243,736,000 246,994,000 251,462,000 242,740,000 234,642,000 237,694,000 227,167,000 219,723,000 216,480,000 209,275,000 202,208,000 201,919,000 199,070,000 199,526,000 206,757,000 203,993,000 203,565,000 205,245,000 199,305,000 199,101,000 201,438,000 199,217,000 201,318,000 196,284,000 189,599,000 190,844,000 185,910,000 186,313,000 179,115,000 175,392,000 171,430,000 174,633,000 171,552,000 170,645,000 176,422,000 173,894,000 174,791,000 175,866,000 200,005,000 205,768,000 205,954,000 209,805,000 209,783,000 197,943,000 174,840,000 132,059,000 96,002,000 
      fixed assets
    		146,797,000 145,681,000 141,650,000 138,177,000 135,919,000 133,972,000 152,462,000 151,183,000 148,668,000 160,067,000 158,543,000 171,442,000 189,753,000 189,600,000 190,867,000 191,332,000 185,934,000 181,969,000 178,393,000 178,923,000 174,924,000 172,015,000 169,287,000 168,294,000 162,650,000 155,844,000 149,719,000 148,214,000 145,853,000 144,478,000 155,264,000 155,515,000 155,730,000 157,164,000 158,412,000 157,605,000 157,455,000 156,989,000 160,134,000 157,428,000 155,954,000 154,467,000 154,884,000 158,284,000 161,940,000 165,169,000 168,696,000 172,422,000 177,760,000 179,977,000 185,075,000 190,325,000 197,165,000 200,999,000 201,091,000 201,862,000 191,777,000 189,477,000 188,504,000 172,357,000 152,260,000 136,779,000 88,645,000 79,286,000 46,534,000 
      operating lease right-of-use assets
    		13,483,000 15,602,000 17,637,000 13,407,000 13,947,000 14,220,000 14,371,000 14,406,000 17,843,000 18,775,000 17,799,000 20,183,000 23,610,000 26,952,000 29,098,000 31,967,000 34,038,000 36,896,000 38,889,000 40,554,000 41,075,000 43,207,000 45,126,000 45,834,000 44,432,000 41,275,000                                        
      deferred income taxes
    		27,852,000 53,802,000 51,893,000 45,854,000 20,905,000 34,753,000 31,367,000 33,013,000 66,156,000 44,660,000 36,879,000 42,903,000 65,705,000 39,071,000 7,969,000 53,569,000 39,524,000 52,616,000 42,747,000 41,132,000 19,996,000 9,131,000 26,689,000    7,146,000 8,807,000 7,251,000 30,339,000 34,347,000 41,393,000 13,521,000 5,234,000 18,637,000 20,971,000 14,076,000 326,000 5,306,000 12,962,000 2,318,000 26,437,000 17,689,000 12,755,000 445,000 17,014,000 1,002,000 9,915,000 6,511,000 45,511,000 22,509,000 28,619,000 18,911,000 43,772,000 32,424,000 36,139,000 171,025,000 92,476,000 3,149,000 30,852,000 33,608,000    12,373,000 
      goodwill
    		42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,796,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000 42,850,000          
      other intangible assets
    		7,040,000 7,254,000 7,468,000 7,682,000 7,906,000 8,129,000 8,353,000 8,333,000 8,553,000 8,772,000 8,992,000 9,212,000 9,455,000 9,722,000 9,988,000 10,255,000 10,522,000 10,789,000 11,055,000 11,322,000 9,939,000 10,164,000 10,400,000 11,903,000 13,170,000 14,437,000 16,901,000 18,256,000 19,622,000 21,611,000 22,949,000 24,287,000 27,144,000 28,663,000 30,182,000 32,538,000 34,033,000 35,528,000 37,118,000 38,613,000 40,108,000 43,098,000 44,593,000 46,090,000 47,589,000 49,105,000 50,653,000 52,201,000 53,749,000 55,298,000 56,870,000 58,486,000 61,715,000 63,418,000 65,120,000 66,823,000          
      other assets
    		68,881,000 77,607,000 162,067,000 81,620,000 79,135,000 98,142,000 57,595,000 57,915,000 92,273,000 50,831,000 64,208,000 49,628,000 53,470,000 35,505,000 35,312,000 27,970,000 44,701,000 34,155,000 33,473,000 38,635,000 38,832,000 38,041,000 33,567,000 39,608,000 35,525,000 29,536,000 28,864,000 29,242,000 34,029,000 26,041,000 31,598,000 20,290,000 33,211,000 27,695,000 30,459,000 27,381,000 18,359,000 22,666,000 24,065,000 31,187,000 29,864,000 74,450,000 17,941,000 25,966,000 11,863,000 14,193,000 22,105,000 14,843,000 11,232,000 8,661,000 11,407,000 9,512,000 20,840,000 22,638,000 19,807,000 21,581,000 34,802,000 38,497,000 35,444,000 27,728,000 18,898,000 27,871,000 33,840,000 32,849,000 60,471,000 
      total assets
    		9,372,742,000 9,083,027,000 9,027,658,000 8,310,632,000 8,152,948,000 7,727,080,000 7,395,968,000 7,103,397,000 6,922,238,000 6,690,640,000 6,589,357,000 6,514,188,000 6,454,661,000 6,499,665,000 6,667,116,000 6,772,472,000 6,754,373,000 6,696,948,000 6,554,154,000 6,328,246,000 6,145,788,000 5,916,737,000 5,716,898,000 5,873,242,000 5,716,518,000 5,606,720,000 5,313,037,000 5,204,471,000 5,132,787,000 5,025,599,000 4,938,983,000 4,863,989,000 4,801,272,000 4,722,048,000 4,692,063,000 4,646,579,000 4,586,484,000 4,618,057,000 4,609,006,000 4,562,400,000 4,476,119,000 4,340,456,000 4,231,820,000 4,272,166,000 4,189,686,000 4,210,910,000 4,120,433,000 4,136,779,000 4,070,006,000 4,096,617,000 4,246,515,000 4,208,575,000 4,260,496,000 4,181,870,000 4,237,508,000 4,232,633,000 3,950,195,000 4,150,250,000 4,310,784,000 4,414,496,000 4,301,062,000 4,041,551,000 3,609,743,000 3,119,766,000 2,451,120,000 
      liabilities and shareholders’ equity
    		                                                                 
      loss and loss adjustment expense reserves
    		3,595,972,000 3,612,160,000 3,792,581,000 3,152,031,000 3,073,690,000 2,976,403,000 2,859,220,000 2,785,702,000 2,723,776,000 2,720,007,000 2,677,561,000 2,584,910,000 2,432,734,000 2,386,822,000 2,307,826,000 2,226,430,000 2,142,121,000 2,091,015,000 2,041,100,000 1,991,304,000 1,941,986,000 1,865,110,000 1,897,945,000 1,855,211,000 1,783,924,000 1,787,612,000 1,580,054,000 1,549,850,000 1,530,973,000 1,372,164,000 1,326,963,000 1,316,933,000                                  
      unearned premiums
    		2,273,531,000 2,184,846,000 2,121,243,000 2,039,830,000 2,076,910,000 1,974,134,000 1,854,184,000 1,735,660,000 1,748,554,000 1,632,390,000 1,551,329,000 1,545,639,000 1,635,459,000 1,597,940,000 1,568,186,000 1,519,799,000 1,545,297,000 1,471,124,000 1,440,434,000 1,405,873,000 1,432,549,000 1,390,039,000 1,384,803,000 1,383,965,000 1,314,995,000 1,273,661,000 1,240,776,000 1,190,766,000 1,150,344,000 1,119,973,000 1,093,594,000 1,094,802,000 1,102,151,000 1,080,138,000 1,078,571,000 1,063,323,000 1,026,614,000 1,025,627,000 1,012,619,000 993,462,000 993,522,000 967,320,000 938,112,000 948,373,000 920,429,000 921,276,000 882,441,000 865,982,000 843,427,000 866,207,000 847,240,000 853,114,000 856,946,000 844,853,000 856,449,000 844,540,000 879,651,000 918,141,000 919,622,000 938,370,000 950,344,000 902,567,000 799,679,000 663,004,000 484,467,000 
      notes payable
    		574,427,000 574,327,000 574,227,000 574,128,000 574,028,000 573,928,000 573,829,000 573,729,000 573,629,000 448,529,000 448,430,000 398,330,000 373,230,000 373,130,000 373,031,000 372,931,000 372,831,000 372,732,000 372,632,000 372,532,000 372,432,000 372,333,000 372,233,000 372,034,000 371,934,000 371,834,000 371,635,000 371,535,000 371,435,000 371,236,000 371,136,000 371,044,000 290,000,000 290,000,000 290,000,000 290,000,000 290,000,000 290,000,000 290,000,000 270,000,000 270,000,000 180,000,000 140,000,000 140,000,000 140,000,000 140,000,000 140,000,000 140,000,000 140,000,000 138,000,000 263,896,000 265,592,000 268,991,000 269,964,000 270,915,000 271,397,000 158,625,000 154,956,000 154,067,000 138,562,000 141,554,000 143,540,000 124,743,000 124,714,000 129,691,000 
      accounts payable and accrued expenses
    		422,351,000 468,310,000 172,393,000 242,118,000 231,519,000 203,612,000 178,086,000 175,219,000 166,750,000 165,331,000 151,413,000 151,686,000 155,441,000 165,922,000 175,406,000 169,125,000 182,138,000 195,973,000 191,121,000 194,421,000 180,312,000 190,204,000 150,307,000 156,276,000 147,424,000 137,258,000 138,643,000 133,293,000 132,223,000 130,825,000 121,195,000 124,488,000 119,508,000 115,561,000 116,765,000 139,345,000 128,291,000 118,561,000 141,897,000 120,839,000 112,146,000 133,973,000 116,561,000 113,090,000 96,220,000 100,180,000 100,158,000 99,420,000 94,743,000 105,855,000 108,511,000 98,026,000 138,482,000 128,757,000 118,250,000 114,469,000 93,864,000 129,232,000 119,402,000 125,755,000 137,194,000 137,661,000 138,836,000 99,389,000 52,806,000 
      operating lease liabilities
    		13,712,000 15,845,000 17,859,000 13,580,000 14,055,000 14,211,000 14,425,000 14,231,000 19,047,000 20,114,000 19,383,000 21,924,000 26,366,000 29,799,000 31,991,000 34,577,000 36,843,000 39,874,000 42,038,000 43,825,000 44,558,000 46,636,000 48,238,000 48,699,000 47,091,000 43,439,000                                        
      current income taxes
    		81,845,000 37,946,000 3,897,000     4,081,000 75,279,000 90,126,000 77,951,000 55,136,000 48,429,000 44,460,000 30,637,000 20,108,000 10,420,000 623,000 34,238,000     13,265,000 18,210,000 27,051,000 27,012,000 51,855,000 62,663,000 13,173,000 12,706,000 8,646,000  10,072,000 11,907,000 11,915,000 7,068,000 2,817,000 7,792,000 24,476,000 4,961,000 26,324,000 2,395,000 4,726,000 7,058,000 12,726,000 21,440,000 5,292,000 67,000 15,570,000 15,863,000 5,292,000 4,092,000 5,464,000 2,195,000 27,268,000 43,378,000 13,161,000 4,056,000 3,150,000     8,447,000 
      other liabilities
    		178,590,000 220,096,000 528,744,000 321,669,000 296,062,000 334,308,000 305,569,000 270,711,000 316,150,000 304,129,000 281,978,000 289,568,000 284,950,000 283,687,000 294,500,000 255,760,000 290,686,000 294,983,000 285,407,000 236,136,000 246,722,000 219,616,000 234,418,000 233,445,000 267,534,000 267,456,000 240,553,000 240,362,000 256,340,000 242,037,000 250,197,000 202,107,000 226,855,000 203,528,000 224,381,000 192,859,000 179,904,000 208,028,000 163,839,000 163,968,000 187,321,000 182,150,000 193,848,000 168,458,000 153,972,000 160,187,000 157,780,000 163,224,000 149,007,000 182,773,000 184,419,000 180,247,000 159,837,000 152,515,000 169,048,000 177,947,000 190,496,000 203,908,000 223,228,000 211,894,000 207,169,000 85,294,000 63,219,000 70,020,000 58,022,000 
      total liabilities
    		7,140,428,000 7,113,530,000 7,207,047,000 6,364,108,000 6,290,658,000 6,078,065,000 5,791,941,000 5,555,252,000 5,547,906,000 5,290,500,000 5,130,094,000 4,992,057,000 4,908,180,000 4,837,300,000 4,758,909,000 4,632,191,000 4,609,440,000 4,518,317,000 4,449,717,000 4,295,649,000 4,244,956,000 4,099,922,000 4,093,454,000 4,070,698,000 3,948,556,000 3,887,426,000 3,578,807,000 3,494,613,000 3,448,566,000 3,249,408,000 3,175,791,000 3,118,020,000 2,985,815,000 2,900,020,000 2,884,685,000 2,817,080,000 2,738,741,000 2,748,093,000 2,684,366,000 2,638,737,000 2,614,313,000 2,500,301,000 2,397,952,000 2,396,820,000 2,347,189,000 2,317,077,000 2,259,702,000 2,238,219,000 2,212,523,000 2,287,130,000 2,400,913,000 2,387,698,000 2,409,405,000 2,395,866,000 2,437,383,000 2,461,687,000 2,456,144,000 2,455,478,000 2,444,456,000 2,552,498,000 2,576,932,000 2,433,714,000 2,150,195,000 1,864,263,000 1,369,999,000 
      commitments and contingencies
    		                                                                 
      shareholders’ equity:
    		                                                                 
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,389; 55,389
    		99,699,000 99,699,000 99,699,000                                                               
      retained earnings
    		2,132,615,000 1,869,798,000 1,720,912,000 1,846,825,000 1,763,343,000 1,550,068,000 1,505,080,000 1,449,198,000 1,275,385,000 1,301,193,000 1,360,316,000 1,423,184,000 1,447,534,000 1,563,418,000 1,809,260,000 2,041,338,000 2,046,025,000 2,079,759,000 2,005,600,000 1,933,627,000 1,801,898,000 1,717,917,000 1,524,581,000 1,703,861,000 1,669,315,000 1,620,799,000 1,636,263,000 1,612,272,000 1,586,675,000 1,678,668,000 1,666,627,000 1,649,425,000 1,717,373,000 1,724,711,000 1,710,096,000 1,731,827,000 1,750,621,000 1,775,047,000 1,837,928,000 1,840,469,000 1,779,322,000 1,758,918,000 1,753,011,000 1,795,937,000 1,763,117,000 1,814,135,000 1,781,430,000 1,820,189,000 1,780,311,000 1,734,304,000 1,770,981,000 1,746,624,000 1,777,817,000 1,713,299,000 1,727,809,000 1,698,954,000 1,423,499,000 1,623,607,000 1,795,903,000 1,712,072,000 1,588,042,000 1,478,185,000 1,318,793,000 1,113,217,000 997,459,000 
      total shareholders’ equity
    		2,232,314,000 1,969,497,000 1,820,611,000 1,946,524,000 1,862,290,000 1,649,015,000 1,604,027,000 1,548,145,000 1,374,332,000 1,400,140,000 1,459,263,000 1,522,131,000 1,546,481,000 1,662,365,000 1,908,207,000 2,140,281,000 2,144,933,000 2,178,631,000 2,104,437,000 2,032,597,000 1,900,832,000 1,816,815,000 1,623,444,000 1,802,544,000 1,767,962,000 1,719,294,000 1,734,230,000 1,709,858,000 1,684,221,000 1,776,191,000 1,763,192,000 1,745,969,000 1,815,457,000 1,822,028,000 1,807,378,000 1,829,499,000 1,847,743,000 1,869,964,000 1,924,640,000 1,923,663,000 1,861,806,000 1,840,155,000 1,833,868,000 1,875,346,000 1,842,497,000 1,893,833,000 1,860,731,000 1,898,560,000 1,857,483,000 1,809,487,000 1,845,602,000 1,820,877,000 1,851,091,000 1,786,004,000 1,800,125,000 1,770,946,000    1,861,998,000 1,724,130,000 1,607,837,000 1,459,548,000 1,255,503,000 1,081,121,000 
      total liabilities and shareholders’ equity
    		9,372,742,000 9,083,027,000 9,027,658,000 8,310,632,000 8,152,948,000 7,727,080,000 7,395,968,000 7,103,397,000 6,922,238,000 6,690,640,000 6,589,357,000 6,514,188,000 6,454,661,000 6,499,665,000 6,667,116,000 6,772,472,000 6,754,373,000 6,696,948,000 6,554,154,000 6,328,246,000 6,145,788,000 5,916,737,000 5,716,898,000 5,873,242,000 5,716,518,000 5,606,720,000 5,313,037,000 5,204,471,000 5,132,787,000 5,025,599,000 4,938,983,000 4,863,989,000 4,801,272,000 4,722,048,000 4,692,063,000 4,646,579,000 4,586,484,000 4,618,057,000 4,609,006,000 4,562,400,000 4,476,119,000 4,340,456,000 4,231,820,000 4,272,166,000 4,189,686,000 4,210,910,000 4,120,433,000 4,136,779,000 4,070,006,000 4,096,617,000 4,246,515,000 4,208,575,000 4,260,496,000 4,181,870,000 4,237,508,000 4,232,633,000  4,150,250,000 4,310,784,000 4,414,496,000 4,301,062,000 4,041,551,000 3,609,743,000   
      common stock without par value or stated value:
    		                                                          70,250,000       
      authorized 70,000 shares; issued and outstanding 55,389; 55,371
    		   99,699,000                                                              
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,371; 55,371
    		    98,947,000 98,947,000 98,947,000  98,947,000 98,947,000 98,947,000  98,947,000 98,947,000 98,947,000                                                   
      authorized 70,000 shares; issued and outstanding 55,371; 55,371
    		       98,947,000    98,947,000                                                      
      allowance for credit losses on reinsurance recoverables
    		                   -91,000 -58,000 -88,000 -148,000                                           
      reinsurance recoverables, net of allowance for credit losses
    		               45,000,000 49,925,000 52,705,000 54,312,000 48,488,000 41,374,000 50,049,000 70,218,000                                           
      authorized 70,000 shares; issued and outstanding 55,371; 55,358
    		               98,943,000                                                  
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,371; 55,358
    		                98,908,000 98,872,000 98,837,000                                               
      authorized 70,000 shares; issued and outstanding 55,358; 55,358
    		                   98,970,000                                              
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,358; 55,358
    		                    98,934,000 98,898,000 98,863,000                                           
      premium
    		                       629,836,000 592,732,000 579,963,000 558,004,000 527,280,000 509,177,000 485,868,000 469,081,000 478,345,000  460,077,000 465,737,000                               
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,355; 55,340
    		                       98,683,000 98,647,000                                         
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,350; 55,340
    		                         98,495,000                                        
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,340; 55,332
    		                          97,967,000                                       
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,332; 55,332
    		                           97,586,000 97,546,000                                     
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,332; 55,289
    		                             97,523,000                                    
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,311; 55,289
    		                              96,565,000 96,544,000                                  
      losses and loss adjustment expenses
    		                                1,244,553,000   1,131,553,000 1,113,932,000 1,105,877,000 1,062,913,000 1,053,030,000 1,044,045,000 1,010,534,000 1,007,036,000 1,009,418,000 1,036,123,000 978,420,000 978,321,000 954,386,000 985,279,000 978,725,000 980,984,000 990,719,000 985,149,000 999,777,000 1,022,721,000 1,053,334,000 1,133,508,000 1,049,241,000 1,020,932,000 1,103,915,000 1,088,822,000 1,022,603,000 900,744,000 797,927,000 577,477,000 
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,271; 55,164
    		                                94,937,000                                 
      additional paid-in capital
    		                                3,147,000 3,311,000 3,311,000 6,644,000 6,129,000 4,812,000 3,046,000 1,410,000 774,000 128,000   0 635,000 285,000 538,000 538,000 352,000 166,000 78,000 285,000 36,000 18,000           
      losses and loss adjustment expense reserves
    		                                 1,210,793,000 1,174,968,000                               
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,254; 55,164
    		                                 94,006,000 93,971,000                               
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,164; 55,121
    		                                   91,028,000 90,993,000                             
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,147; 55,121
    		                                     90,105,000                            
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 55,021; 54,975
    		                                      83,666,000                           
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 54,979; 54,975
    		                                       81,784,000                          
      common stock without par value or stated value:authorized 70,000 shares; issued and outstanding 54,978; 54,975
    		                                        81,710,000                         
      common stock without par value or stated value:authorized 70,000 shares; issued and outstanding 54,960; 54,922
    		                                         81,109,000                        
      common stock without par value or stated value:authorized 70,000 shares; issued and outstanding 54,959; 54,922
    		                                          80,857,000                       
      common stock without par value or stated value:authorized 70,000 shares; issued and outstanding 54,922; 54,922
    		                                           79,409,000                      
      authorized 70,000 shares; issued and outstanding 54,922; 54,856
    		                                            79,380,000                     
      fixed maturities trading
    		                                             2,468,717,000 2,487,637,000 2,485,594,000 2,445,589,000 2,466,857,000 2,556,964,000 2,519,549,000 2,759,757,000 2,698,711,000 2,700,268,000 2,704,561,000          
      equity securities trading
    		                                             470,813,000 446,167,000 406,456,000 380,388,000 321,847,000 421,967,000 394,687,000 301,496,000 278,653,000 281,618,000 286,131,000          
      common stock without par value or stated value:authorized 70,000 shares; issued and outstanding 54,911; 54,856
    		                                             79,063,000 79,016,000                   
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 54,883; 54,856
    		                                               77,833,000                  
      authorized 70,000 shares; issued and outstanding 54,856; 54,803
    		                                                76,634,000                 
      accumulated other comprehensive loss
    		                                                0 -539,000 -631,000 -647,000 -870,000 -797,000 -696,000 -597,000          
      authorized 70,000 shares; issued and outstanding 54,827; 54,803
    		                                                 75,370,000                
      authorized 70,000 shares; issued and outstanding 54,822; 54,803
    		                                                  75,086,000               
      common stock without par value or stated value: authorized 70,000 shares; issued and outstanding 54,818; 54,803
    		                                                   74,822,000              
      authorized 70,000 shares; issued and outstanding 54,800; 54,777
    		                                                    73,859,000             
      premiums receivable
    		                                                     271,866,000 281,822,000 262,278,000 268,227,000 284,565,000 279,478,000 294,663,000 298,772,000 310,457,000 284,690,000 231,277,000 165,474,000 
      premium notes
    		                                                     8,046,000 9,761,000 14,510,000 25,699,000 28,923,000 29,665,000 27,577,000 29,613,000 27,002,000 23,702,000 22,620,000 20,397,000 
      authorized 70,000,000 shares; issued and outstanding 54,793,483; 54,776,958
    		                                                     73,466,000            
      authorized 70,000,000 shares; issued and outstanding 54,784,958; 54,776,958
    		                                                      72,994,000           
      authorized 70,000,000 shares; issued and outstanding 54,776,958; 54,763,713
    		                                                       72,589,000          
      investments:
    		                                                                 
      fixed maturities trading, at fair value
    		                                                        2,481,673,000 2,601,669,000 2,772,028,000       
      fixed maturities available for sale, at fair value
    		                                                           2,887,760,000      
      equity securities available for sale, at fair value
    		                                                           413,123,000      
      equity securities trading, at fair value
    		                                                        247,391,000 366,738,000 493,143,000 15,114,000      
      short-term investments, at fair value in 2008; at cost in 2007
    		                                                        204,756,000         
      liabilities and shareholders' equity
    		                                                                 
      shareholders' equity:
    		                                                                 
      authorized 70,000,000 shares; issued and outstanding 54,763,713 in 2008
    		                                                                 
      and 54,729,913 shares in 2007
    		                                                        71,428,000         
      accumulated other comprehensive income
    		                                                        -876,000 54,000 175,000 80,557,000 69,652,000 66,549,000 80,549,000 84,833,000 28,556,000 
      total shareholders' equity
    		                                                        1,494,051,000 1,694,772,000 1,866,328,000       
      total liabilities and shareholders' equity
    		                                                        3,950,195,000         
      short-term investments, at fair value
    		                                                         249,516,000 218,884,000       
      common stock without par value or stated value
    		                                                         71,111,000        
      short-term investments, at cost, which approximates fair value
    		                                                           272,678,000      
      commitments and contingencies shareholders’ equity:
    		                                                                 
      authorized 70,000,000 shares; issued and outstanding 54,729,913 shares in 2007 and 54,669,606 in 2006
    		                                                           69,369,000      
      fixed maturities available for sale
    		                                                            2,898,987,000 2,645,555,000 2,245,311,000 1,945,309,000 1,626,822,000 
      equity securities available for sale
    		                                                            318,449,000 276,108,000 254,362,000 264,393,000 245,169,000 
      short-term cash investments, at cost, which approximates market
    		                                                            282,302,000 321,049,000 421,369,000 329,812,000 110,577,000 
      authorized 70,000,000 shares; issued and outstanding 54,669,606 shares in 2006 and 54,605,406 in 2005
    		                                                            66,436,000     
      current income tax
    		                                                             11,219,000 10,123,000 11,441,000  
      loss drafts payable
    		                                                             104,593,000 82,245,000 79,960,000 59,089,000 
      deferred income tax
    		                                                             37,456,000 30,606,000   
      authorized 70,000,000 shares; issued and outstanding 54,605,406 shares in 2005 and 54,514,693 in 2004
    		                                                             63,103,000    
      authorized 70,000,000 shares; issued and outstanding 54,514,693 shares in 2004 and 54,424,128 in 2003
    		                                                              60,206,000   
      authorized 70,000,000 shares; issued and outstanding 54,424,128 shares in 2003 and 54,361,698 in 2002
    		                                                               57,453,000  
      total liabilities and shareholders’ equity.
    		                                                               3,119,766,000  
      common stock without par value or stated value authorized 70,000,000 shares; issued and outstanding 54,344,648 shares in 2002 and 54,276,798 shares in 2001
    		                                                                55,606,000 
      unearned esop compensation
    		                                                                -500,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.