Mercury General Corporation(NYSE:MCY) 
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The company's automobile insurance products includ...
Website: http://www.mercuryinsurance.com
Full Time Employees: 4,500
Sector: Financial Services
Industry: Insurance-Property & Casualty
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net premiums earned | 1,452,413,000 | 1,445,405,000 | 1,410,400,000 | 1,366,738,000 | 1,283,069,000 | 1,352,101,000 | 1,320,652,000 | 1,236,024,000 | 1,166,679,000 | 1,144,895,000 | 1,090,311,000 | 1,034,469,000 | 1,004,704,000 | 1,005,482,000 | 996,939,000 | 987,512,000 | 962,550,000 | 958,266,000 | 940,941,000 | 926,820,000 | 915,922,000 | 921,860,000 | 899,304,000 | 811,898,000 | 922,574,000 | 925,384,000 | 915,012,000 | 888,776,000 | 870,245,000 | 868,233,000 | 858,135,000 | 833,959,000 | 808,084,000 | 806,796,000 | 801,205,000 | 797,666,000 | 789,770,000 | 2,340,923,000 | 790,850,000 | 779,321,000 | 767,085,000 | 2,212,377,000 | 745,520,000 | 731,546,000 | 720,737,000 | 2,090,958,000 | 705,237,000 | 697,889,000 | 683,701,000 | 2,019,274,000 | 678,913,000 | 675,787,000 | 662,595,000 | 1,928,836,000 | 646,084,000 | 637,247,000 | 635,812,000 | 1,922,431,000 | 643,626,000 | 642,331,000 | 638,487,000 | 640,796,000 | 642,558,000 | 642,717,000 | 640,614,000 | 646,101,000 | 653,758,000 | 659,211,000 | 666,063,000 | |||||||||||||||||||||||||||
net investment income | 85,636,000 | 84,493,000 | 83,970,000 | 78,759,000 | 81,479,000 | 73,263,000 | 72,738,000 | 68,970,000 | 65,018,000 | 63,343,000 | 60,965,000 | 58,350,000 | 51,973,000 | 49,887,000 | 44,563,000 | 38,555,000 | 35,351,000 | 34,161,000 | 32,334,000 | 30,953,000 | 32,279,000 | 34,057,000 | 32,140,000 | 34,166,000 | 34,495,000 | 35,701,000 | 36,356,000 | 35,032,000 | 34,174,000 | 31,383,000 | 38,159,000 | 34,786,000 | 31,510,000 | 30,872,000 | 30,988,000 | 31,901,000 | 31,169,000 | 91,500,000 | 30,371,000 | 31,414,000 | 29,655,000 | 95,401,000 | 30,898,000 | 31,697,000 | 31,506,000 | 93,159,000 | 32,564,000 | 30,850,000 | 30,242,000 | 93,681,000 | 30,857,000 | 31,674,000 | 31,175,000 | 98,486,000 | 33,410,000 | 31,673,000 | 31,486,000 | 105,421,000 | 35,526,000 | 36,009,000 | 35,096,000 | 35,461,000 | 35,992,000 | 36,475,000 | 35,886,000 | 35,615,000 | 35,208,000 | 36,212,000 | 37,914,000 | 34,900,000 | 38,086,000 | 38,995,000 | 39,299,000 | 36,755,000 | 39,216,000 | 40,795,000 | 42,145,000 | 36,857,000 | 36,242,000 | 39,403,000 | 30,857,000 | 30,701,000 | 28,785,000 | 28,410,000 | 26,212,000 | 25,728,000 | 24,528,000 | 26,718,000 | 26,926,000 | 27,821,000 | 29,026,000 | |||||
net realized investment gains | -4,543,000 | 117,000 | 84,451,000 | 23,480,000 | 23,321,000 | -66,865,000 | 114,446,000 | 2,899,000 | 38,192,000 | -19,778,000 | 49,008,000 | 93,157,000 | -144,213,000 | -241,938,000 | -195,086,000 | 54,705,000 | -43,543,000 | 58,805,000 | 41,691,000 | 114,189,000 | 64,436,000 | 158,426,000 | -251,320,000 | 25,067,000 | 33,324,000 | 53,329,000 | 111,074,000 | -85,165,000 | -3,910,000 | 14,290,000 | -58,735,000 | 17,316,000 | 20,718,000 | 21,156,000 | 24,460,000 | -34,309,973 | 45,381,000 | 25,057,000 | -83,731,405 | -39,348,000 | -9,961,000 | 101,273,000 | -20,089,000 | 76,190,000 | 46,712,000 | -27,634,000 | 16,212,000 | 44,050,000 | 16,628,000 | 49,752,000 | -23,759,000 | 52,663,000 | 125,316,000 | -66,919,000 | 23,764,000 | 28,690,000 | -23,681,000 | 86,439,000 | -27,713,000 | 22,044,000 | -6,105,000 | 171,373,000 | 99,862,000 | 81,314,000 | -217,906,000 | -276,973,000 | 36,496,000 | 9,812,000 | 2,049,000 | 9,989,000 | -1,042,000 | 2,690,000 | 4,232,000 | 6,454,000 | 7,696,000 | 3,545,000 | 4,216,000 | 861,000 | 12,117,000 | 5,674,000 | 6,266,000 | -759,000 | 65,000 | |||||||||||||
other | 6,303,000 | 5,764,000 | 6,105,000 | 8,908,000 | 6,010,000 | 7,680,000 | 22,538,000 | -2,899,000 | 4,196,000 | 4,609,000 | 3,917,000 | 10,186,000 | 894,000 | 3,167,000 | 2,998,000 | 1,496,000 | 2,646,000 | 2,141,000 | 2,481,000 | 2,197,000 | 3,204,000 | 1,477,000 | 2,894,000 | 1,353,000 | 2,562,000 | 1,841,000 | 2,603,000 | 2,350,000 | 2,250,000 | 2,167,000 | 2,427,000 | 2,356,000 | 2,325,000 | 2,270,000 | 5,446,000 | 2,124,000 | 2,105,000 | 5,888,000 | 2,406,000 | 1,887,000 | 2,123,000 | 6,630,000 | 2,281,000 | 2,276,000 | 2,266,000 | 6,396,000 | 2,275,000 | 2,090,000 | 2,301,000 | 7,053,000 | 2,685,000 | 2,521,000 | 2,333,000 | 7,642,000 | 2,532,000 | 2,544,000 | 2,714,000 | 8,376,000 | 3,508,000 | 4,443,000 | 3,270,000 | 3,063,000 | 1,761,000 | 2,180,000 | 1,293,000 | 1,711,000 | 895,000 | 694,000 | 1,667,000 | 788,000 | 1,313,000 | 1,202,000 | 1,294,000 | 1,258,000 | 1,324,000 | 1,225,000 | 1,347,000 | 1,263,000 | 1,129,000 | 1,337,000 | 1,294,000 | 1,424,000 | 1,623,000 | 1,368,000 | 965,000 | 1,117,000 | 1,111,000 | 1,331,000 | 1,241,000 | 44,000 | 538,000 | |||||
total revenues | 1,539,809,000 | 1,535,779,000 | 1,584,926,000 | 1,477,885,000 | 1,393,879,000 | 1,366,179,000 | 1,530,374,000 | 1,304,994,000 | 1,274,085,000 | 1,374,633,000 | 1,065,192,000 | 1,083,227,000 | 1,106,579,000 | 1,151,693,000 | 900,287,000 | 785,625,000 | 805,461,000 | 1,049,273,000 | 932,213,000 | 1,018,775,000 | 993,096,000 | 1,071,583,000 | 998,774,000 | 1,005,843,000 | 708,311,000 | 987,993,000 | 987,295,000 | 979,487,000 | 1,017,743,000 | 816,618,000 | 894,811,000 | 885,391,000 | 783,184,000 | 857,254,000 | 858,357,000 | 852,847,000 | 847,504,000 | 2,419,521,000 | 808,162,000 | 858,003,000 | 823,920,000 | 2,256,887,000 | 752,413,000 | 726,171,000 | 744,548,000 | 2,291,786,000 | 719,987,000 | 807,019,000 | 762,956,000 | 2,092,374,000 | 728,667,000 | 642,567,000 | 740,153,000 | 2,051,592,000 | 731,778,000 | 647,705,000 | 722,675,000 | 2,161,544,000 | 615,741,000 | 706,547,000 | 705,543,000 | 655,639,000 | 766,750,000 | 653,659,000 | 699,837,000 | 677,322,000 | 861,234,000 | 795,979,000 | 786,958,000 | 497,896,000 | 459,031,000 | 787,897,000 | 669,372,000 | 783,076,000 | 791,387,000 | 806,085,000 | 798,202,000 | 793,932,000 | 794,953,000 | 783,874,000 | 762,746,000 | 742,931,000 | 719,338,000 | 678,804,000 | 659,726,000 | 624,456,000 | 578,543,000 | 552,948,000 | 528,074,000 | 483,397,000 | 398,784,000 | |||||
yoy | 10.47% | 12.41% | 3.56% | 13.25% | 9.40% | -0.62% | 43.67% | 20.47% | 15.14% | 19.36% | 18.32% | 37.88% | 37.38% | 9.76% | -3.42% | -22.89% | -18.89% | -2.08% | -6.66% | 1.29% | 40.21% | 8.46% | 1.16% | 2.69% | -30.40% | 20.99% | 10.34% | 10.63% | 29.95% | -4.74% | 4.25% | 3.82% | -7.59% | -64.57% | 6.21% | -0.60% | 2.86% | 7.21% | 7.41% | 18.15% | 10.66% | -1.52% | 4.50% | -10.02% | -2.41% | 9.53% | -1.19% | 25.59% | 3.08% | 1.99% | -0.43% | -0.79% | 2.42% | -5.09% | 18.85% | -8.33% | 2.43% | 229.69% | -19.69% | 8.09% | 0.82% | -3.20% | -10.97% | -17.88% | -11.07% | 36.04% | 87.62% | 1.03% | 17.57% | -36.42% | -42.00% | -2.26% | -16.14% | -0.32% | 1.40% | 1.83% | 4.09% | 7.00% | 8.97% | 12.37% | 12.61% | 15.19% | 17.33% | 19.31% | 18.25% | 19.68% | 38.66% | |||||||||
qoq | 0.26% | -3.10% | 7.24% | 6.03% | 2.03% | -10.73% | 17.27% | 2.43% | -7.31% | 29.05% | -1.66% | -2.11% | -3.92% | 27.93% | 14.60% | -2.46% | -23.24% | 12.56% | -8.50% | 2.59% | -7.32% | 7.29% | -0.70% | 42.01% | -28.31% | 0.07% | 0.80% | -3.76% | 24.63% | -8.74% | 1.06% | 13.05% | -8.64% | -0.13% | 0.65% | 0.63% | -64.97% | 199.39% | -5.81% | 4.14% | -63.49% | 199.95% | 3.61% | -2.47% | -67.51% | 218.31% | -10.78% | 5.78% | -63.54% | 187.15% | 13.40% | -13.18% | -63.92% | 180.36% | 12.98% | -10.37% | -66.57% | 251.05% | -12.85% | 0.14% | 7.61% | -14.49% | 17.30% | -6.60% | 3.32% | -21.35% | 8.20% | 1.15% | 58.06% | 8.47% | -41.74% | 17.71% | -14.52% | -1.05% | -1.82% | 0.99% | -0.13% | 1.41% | 2.67% | 3.28% | 2.89% | 5.65% | 4.63% | 4.71% | 21.22% | |||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses and loss adjustment expenses | 932,950,000 | 919,435,000 | 882,745,000 | 940,037,000 | 1,220,813,000 | 925,394,000 | 918,439,000 | 936,714,000 | 903,965,000 | 866,772,000 | 823,742,000 | 897,810,000 | 929,529,000 | 926,044,000 | 787,462,000 | 826,779,000 | 821,933,000 | 778,636,000 | 697,947,000 | 657,228,000 | 626,344,000 | 629,716,000 | 618,657,000 | 495,300,000 | 651,670,000 | 738,103,000 | 680,928,000 | 656,577,000 | 630,416,000 | 724,939,000 | 614,069,000 | 605,547,000 | 632,234,000 | 654,334,000 | 595,290,000 | 588,595,000 | 606,665,000 | 1,778,822,000 | 576,316,000 | 595,086,000 | 594,082,000 | 1,599,803,000 | 545,692,000 | 521,214,000 | 514,400,000 | 1,493,597,000 | 492,525,000 | 483,043,000 | 476,603,000 | 1,470,132,000 | 492,558,000 | 486,906,000 | 467,060,000 | 1,493,519,000 | 467,929,000 | 497,251,000 | 449,916,000 | 1,370,675,000 | 458,530,000 | 451,338,000 | 446,461,000 | 514,969,000 | 440,566,000 | 439,609,000 | 430,622,000 | 446,042,000 | 446,436,000 | 445,463,000 | 444,292,000 | 575,585,000 | 511,806,000 | 489,545,000 | 483,473,000 | 524,716,000 | 497,791,000 | 504,378,000 | 509,759,000 | 491,129,000 | 534,316,000 | 475,180,000 | 464,709,000 | 442,764,000 | 448,246,000 | |||||||||||||
policy acquisition costs | 240,502,000 | 250,174,000 | 236,164,000 | 227,880,000 | 228,720,000 | 228,245,000 | 230,293,000 | 203,682,000 | 196,040,000 | 189,712,000 | 181,569,000 | 172,737,000 | 164,507,000 | 167,168,000 | 168,870,000 | 156,482,000 | 162,092,000 | 164,829,000 | 153,142,000 | 150,984,000 | 164,430,000 | 164,184,000 | 157,365,000 | 149,706,000 | 156,533,000 | 154,114,000 | 150,929,000 | 148,629,000 | 148,413,000 | 147,365,000 | 142,295,000 | 141,520,000 | 140,984,000 | 138,622,000 | 136,290,000 | 137,839,000 | 142,599,000 | 422,342,000 | 140,203,000 | 139,922,000 | 141,560,000 | 406,350,000 | 132,881,000 | 135,140,000 | 133,847,000 | 395,118,000 | 131,090,000 | 133,060,000 | 129,814,000 | 378,626,000 | 126,891,000 | 126,393,000 | 123,722,000 | 355,882,000 | 121,906,000 | 117,726,000 | 117,430,000 | 360,705,000 | 121,016,000 | 122,829,000 | 121,804,000 | 125,257,000 | 125,001,000 | 126,325,000 | 128,982,000 | 129,245,000 | 130,172,000 | 136,359,000 | 147,531,000 | 152,742,000 | 154,530,000 | 157,441,000 | 160,141,000 | 162,279,000 | 166,496,000 | 165,685,000 | 165,211,000 | 163,362,000 | 160,840,000 | 160,096,000 | 154,237,000 | 154,278,000 | 151,058,000 | 143,404,000 | 141,280,000 | 132,162,000 | 118,991,000 | 115,585,000 | 110,289,000 | 97,043,000 | 91,236,000 | |||||
other operating expenses | 123,887,000 | 110,230,000 | 108,518,000 | 96,025,000 | 79,453,000 | 81,506,000 | 86,861,000 | 81,702,000 | 77,087,000 | 72,433,000 | 69,192,000 | 68,341,000 | 69,690,000 | 71,413,000 | 68,585,000 | 69,430,000 | 70,290,000 | 66,674,000 | 80,238,000 | 70,927,000 | 65,558,000 | 66,312,000 | 71,859,000 | 71,103,000 | 76,557,000 | 63,055,000 | 70,341,000 | 68,420,000 | 67,489,000 | 54,505,000 | 63,904,000 | 60,822,000 | 65,399,000 | 50,516,000 | 64,339,000 | 53,432,000 | 65,188,000 | 176,308,000 | 59,006,000 | 57,700,000 | 61,294,000 | 190,051,000 | 60,788,000 | 64,537,000 | 65,692,000 | 190,836,000 | 58,545,000 | 53,792,000 | 54,004,000 | 165,391,000 | 54,087,000 | 54,015,000 | 58,063,000 | 157,056,000 | 50,225,000 | 51,203,000 | 52,925,000 | 162,684,000 | 53,027,000 | 55,098,000 | 58,672,000 | 63,807,000 | 63,711,000 | 70,516,000 | 57,324,000 | 59,067,000 | 53,766,000 | 51,364,000 | 53,486,000 | 42,994,000 | 44,350,000 | 43,169,000 | 44,315,000 | 39,518,000 | 41,289,000 | 38,636,000 | 39,367,000 | 45,813,000 | 47,843,000 | 41,073,000 | 37,750,000 | 40,419,000 | 34,720,000 | 29,177,000 | 26,039,000 | 23,300,000 | 23,727,000 | 21,785,000 | 20,751,000 | 19,684,000 | 17,498,000 | |||||
interest | 6,817,000 | 7,061,000 | 7,181,000 | 7,195,000 | 7,189,000 | 7,536,000 | 7,717,000 | 7,799,000 | 7,773,000 | 7,771,000 | 5,918,000 | 5,549,000 | 4,931,000 | 4,410,000 | 4,273,000 | 4,274,000 | 4,275,000 | 4,268,000 | 4,267,000 | 4,235,000 | 4,343,000 | 4,262,000 | 4,262,000 | 4,268,000 | 4,256,000 | 4,256,000 | 4,257,000 | 4,266,000 | 4,256,000 | 4,257,000 | 4,257,000 | 4,256,000 | 4,266,000 | 4,295,000 | 4,191,000 | 4,229,000 | 2,453,000 | 2,950,000 | 1,012,000 | 960,000 | 950,000 | 2,383,000 | 785,000 | 769,000 | 750,000 | 1,930,000 | 707,000 | 688,000 | 505,000 | 922,000 | 338,000 | 212,000 | 314,000 | 1,155,000 | 388,000 | 378,000 | 410,000 | 4,263,000 | 1,286,000 | 1,669,000 | 1,695,000 | 1,703,000 | 1,633,000 | 1,851,000 | 1,619,000 | 1,670,000 | 1,634,000 | 1,879,000 | 1,546,000 | 1,307,000 | 1,663,000 | 1,486,000 | 510,000 | 1,818,000 | 2,136,000 | 2,269,000 | 2,366,000 | 2,209,000 | 2,396,000 | 2,311,000 | 1,881,000 | 1,821,000 | 1,469,000 | 1,189,000 | 830,000 | 713,000 | 552,000 | 953,000 | 717,000 | 947,000 | 1,045,000 | |||||
total expenses | 1,304,156,000 | 1,286,900,000 | 1,234,608,000 | 1,271,137,000 | 1,536,175,000 | 1,242,681,000 | 1,243,310,000 | 1,229,897,000 | 1,184,865,000 | 1,136,688,000 | 1,080,421,000 | 1,144,437,000 | 1,168,657,000 | 1,169,035,000 | 1,029,190,000 | 1,056,965,000 | 1,058,590,000 | 1,014,407,000 | 935,594,000 | 883,374,000 | 860,675,000 | 864,474,000 | 852,143,000 | 720,377,000 | 889,016,000 | 959,528,000 | 906,455,000 | 877,892,000 | 850,574,000 | 931,066,000 | 824,525,000 | 812,145,000 | 842,883,000 | 847,767,000 | 800,110,000 | 784,095,000 | 816,905,000 | 2,380,422,000 | 776,537,000 | 793,668,000 | 797,886,000 | 2,198,587,000 | 740,146,000 | 721,660,000 | 714,689,000 | 2,081,481,000 | 682,867,000 | 670,583,000 | 660,926,000 | 2,015,071,000 | 673,874,000 | 667,526,000 | 649,159,000 | 2,007,612,000 | 640,448,000 | 666,558,000 | 620,681,000 | 1,898,327,000 | 633,859,000 | 630,934,000 | 628,632,000 | 705,736,000 | 630,911,000 | 638,301,000 | 618,547,000 | 636,024,000 | 632,008,000 | 635,065,000 | 646,855,000 | 772,628,000 | 712,349,000 | 691,641,000 | 688,439,000 | 728,331,000 | 707,712,000 | 710,968,000 | 716,703,000 | 702,513,000 | 745,395,000 | 678,660,000 | 658,577,000 | 639,282,000 | 635,493,000 | 589,929,000 | 548,675,000 | 528,171,000 | 510,880,000 | 495,888,000 | 473,303,000 | 466,720,000 | 406,347,000 | |||||
income before income taxes | 235,653,000 | 248,879,000 | 350,318,000 | 206,748,000 | -142,296,000 | 123,498,000 | 287,064,000 | 75,097,000 | 89,220,000 | 237,945,000 | -15,229,000 | -61,210,000 | -62,078,000 | -17,342,000 | -128,903,000 | -271,340,000 | -253,129,000 | 34,866,000 | -3,381,000 | 135,401,000 | 132,421,000 | 207,109,000 | 146,631,000 | 285,466,000 | -180,705,000 | 28,465,000 | 80,840,000 | 101,595,000 | 167,169,000 | -114,448,000 | 70,286,000 | 73,246,000 | -59,699,000 | 9,487,000 | 58,247,000 | 68,752,000 | 30,599,000 | 39,099,000 | 31,625,000 | 64,335,000 | 26,034,000 | 58,300,000 | 12,267,000 | 4,511,000 | 29,859,000 | 210,305,000 | 37,120,000 | 136,436,000 | 102,030,000 | 77,303,000 | 54,793,000 | -24,959,000 | 90,994,000 | 43,980,000 | 91,330,000 | -18,853,000 | 101,994,000 | 263,217,000 | -18,118,000 | 75,613,000 | 76,911,000 | -50,097,000 | 135,839,000 | 15,358,000 | 81,290,000 | 41,298,000 | 229,226,000 | 160,914,000 | 140,103,000 | 96,256,000 | -19,067,000 | 54,745,000 | 83,675,000 | 95,117,000 | 81,499,000 | 91,419,000 | 49,558,000 | 105,214,000 | 104,169,000 | 103,649,000 | 83,845,000 | 88,875,000 | 111,051,000 | 96,285,000 | 67,663,000 | 57,060,000 | 54,771,000 | 16,677,000 | -7,563,000 | |||||||
income tax expense | 45,232,000 | 46,332,000 | 69,915,000 | 40,276,000 | -33,969,000 | 22,431,000 | 56,208,000 | 12,529,000 | 15,758,000 | -10,572,000 | -30,600,000 | -60,659,000 | -56,212,000 | 4,393,000 | -4,669,000 | 26,220,000 | 25,426,000 | 40,366,000 | 27,774,000 | 57,255,000 | -41,501,000 | -3,223,000 | 11,558,000 | 18,345,000 | 31,302,000 | -32,569,000 | 11,708,000 | 13,066,000 | -17,092,000 | -10,292,000 | 11,762,000 | 17,119,000 | 3,619,000 | -7,015,000 | 4,695,000 | 15,462,000 | 2,711,000 | -909,000 | -3,003,000 | -5,128,000 | 3,694,000 | 63,652,000 | 5,824,000 | 41,476,000 | 29,381,000 | 4,730,000 | 15,223,000 | 24,533,000 | -6,730,000 | 25,129,000 | -13,589,000 | 28,638,000 | 68,271,000 | -14,336,000 | 18,362,000 | 18,685,000 | -26,450,000 | 38,990,000 | -2,459,000 | 20,111,000 | 7,063,000 | 71,489,000 | 46,467,000 | 43,450,000 | 23,746,000 | 18,048,000 | 13,688,000 | |||||||||||||||||||||||||||||
net income | 190,421,000 | 202,547,000 | 280,403,000 | 166,472,000 | -108,327,000 | 101,067,000 | 230,856,000 | 62,568,000 | 73,462,000 | 191,394,000 | -8,227,000 | -41,543,000 | -45,288,000 | -6,770,000 | -98,303,000 | -210,681,000 | -196,917,000 | 30,473,000 | 1,288,000 | 109,181,000 | 106,995,000 | 166,743,000 | 118,857,000 | 228,211,000 | -139,204,000 | 31,688,000 | 69,282,000 | 83,250,000 | 135,867,000 | -81,879,000 | 58,578,000 | 60,180,000 | -42,607,000 | 19,779,000 | 46,485,000 | 51,633,000 | 26,980,000 | 46,114,000 | 26,930,000 | 48,873,000 | 23,323,000 | 59,209,000 | 15,270,000 | 9,639,000 | 26,165,000 | 146,653,000 | 31,296,000 | 94,960,000 | 72,649,000 | 72,573,000 | 39,570,000 | -9,264,000 | 66,461,000 | 50,710,000 | 66,201,000 | -5,264,000 | 73,356,000 | 194,946,000 | -3,782,000 | 57,251,000 | 58,226,000 | -23,647,000 | 96,849,000 | 17,817,000 | 61,179,000 | 34,235,000 | 157,737,000 | 114,447,000 | 96,653,000 | -168,345,000 | -140,539,000 | 70,726,000 | -3,961,000 | 44,592,000 | 63,278,000 | 69,509,000 | 60,453,000 | 68,227,000 | 37,812,000 | 58,646,000 | 73,014,000 | 73,602,000 | 60,424,000 | 65,129,000 | 78,134,000 | 68,816,000 | 49,615,000 | 43,372,000 | 42,108,000 | 18,520,000 | 1,301,000 | |||||
yoy | -275.78% | 100.41% | 21.46% | 166.07% | -247.46% | -47.19% | -2906.08% | -250.61% | -262.21% | -2927.09% | -91.63% | -80.28% | -77.00% | -122.22% | -7732.22% | -292.96% | -284.04% | -81.72% | -98.92% | -52.16% | -176.86% | 426.20% | 71.56% | 174.13% | -202.46% | -138.70% | 18.27% | 38.33% | -418.88% | -513.97% | 26.01% | 16.55% | -257.92% | -57.11% | 72.61% | 5.65% | 15.68% | -22.12% | 76.36% | 407.03% | -10.86% | -59.63% | -51.21% | -89.85% | -63.98% | 102.08% | -20.91% | -1125.04% | 9.31% | 43.11% | -40.23% | 75.99% | -9.40% | -73.99% | -1850.42% | -109.19% | 25.98% | -924.40% | -103.91% | 221.33% | -4.83% | -169.07% | -38.60% | -84.43% | -36.70% | -120.34% | -212.24% | 61.82% | -2540.12% | -477.52% | -322.10% | 1.75% | -106.55% | -7.25% | 83.83% | 3.08% | -6.56% | -48.63% | -2.94% | 12.11% | -5.80% | -12.19% | 31.27% | 80.15% | 63.43% | 167.90% | 3233.74% | |||||||||
qoq | -5.99% | -27.77% | 68.44% | -253.68% | -207.18% | -56.22% | 268.97% | -14.83% | -61.62% | -2426.41% | -80.20% | -8.27% | 568.95% | -93.11% | -53.34% | 6.99% | -746.20% | 2265.92% | -98.82% | 2.04% | -35.83% | 40.29% | -47.92% | -263.94% | -539.30% | -54.26% | -16.78% | -38.73% | -265.94% | -239.78% | -2.66% | -241.24% | -315.42% | -57.45% | -9.97% | 91.38% | -41.49% | 71.24% | -44.90% | 109.55% | -60.61% | 287.75% | 58.42% | -63.16% | -82.16% | 368.60% | -67.04% | 30.71% | 0.10% | 83.40% | -527.14% | -113.94% | 31.06% | -23.40% | -1357.62% | -107.18% | -62.37% | -5254.57% | -106.61% | -1.67% | -346.23% | -124.42% | 443.58% | -70.88% | 78.70% | -78.30% | 37.83% | 18.41% | -157.41% | 19.79% | -298.71% | -1885.56% | -108.88% | -29.53% | -8.96% | 14.98% | 80.44% | -35.53% | -0.80% | 21.81% | -16.64% | 13.54% | 14.39% | 3.00% | 1323.52% | |||||||||||
net income margin % | 12.37% | 13.19% | 17.69% | 11.26% | -7.77% | 7.40% | 15.08% | 4.79% | 5.77% | 13.92% | -0.77% | -3.84% | -4.09% | -0.59% | -10.92% | -26.82% | -24.45% | 2.90% | 0.14% | 10.72% | 10.77% | 15.56% | 11.90% | 22.69% | -19.65% | 3.21% | 7.02% | 8.50% | 13.35% | -10.03% | 6.55% | 6.80% | -5.44% | 2.31% | 5.42% | 6.05% | 3.18% | 1.91% | 3.33% | 5.70% | 2.83% | 2.62% | 2.03% | 1.33% | 3.51% | 6.40% | 4.35% | 11.77% | 9.52% | 3.47% | 5.43% | -1.44% | 8.98% | 2.47% | 9.05% | -0.81% | 10.15% | 9.02% | -0.61% | 8.10% | 8.25% | -3.61% | 12.63% | 2.73% | 8.74% | 5.05% | 18.32% | 14.38% | 12.28% | -33.81% | -30.62% | 8.98% | -0.59% | 5.69% | 8.00% | 8.62% | 7.57% | NaN% | 8.59% | 4.76% | 7.48% | NaN% | 9.57% | 9.91% | 8.40% | NaN% | 9.59% | 11.84% | 11.02% | NaN% | 8.58% | 7.84% | 7.97% | NaN% | 3.83% | 0.33% |
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 3.44 | 3.66 | 5.06 | 3.01 | -1.96 | 1.82 | 4.17 | 1.13 | 1.33 | 3.46 | -0.15 | -0.75 | -0.82 | -0.12 | -1.78 | -3.8 | -3.56 | 0.55 | 0.02 | 1.97 | 1.93 | 3.02 | 2.15 | 4.12 | -2.51 | 0.57 | 1.25 | 1.5 | 2.46 | -1.48 | 1.06 | 1.09 | -0.77 | 0.36 | 0.84 | 0.93 | 0.49 | 0.83 | 0.49 | 0.88 | 0.42 | 1.07 | 0.28 | 0.17 | 0.47 | 2.66 | 0.57 | 1.73 | 1.32 | 1.32 | 0.72 | -0.17 | 1.21 | 0.92 | 1.21 | -0.1 | 1.34 | 3.56 | -0.07 | 1.04 | 1.06 | -0.43 | 1.77 | 0.33 | 1.12 | |||||||||||||||||||||||||||||||
diluted | 3.44 | 3.66 | 5.06 | 3.01 | -1.96 | 1.82 | 4.17 | 1.13 | 1.33 | 3.46 | -0.15 | -0.75 | -0.82 | -0.12 | -1.78 | -3.8 | -3.56 | 0.55 | 0.02 | 1.97 | 1.93 | 3.02 | 2.15 | 4.12 | -2.51 | 0.57 | 1.25 | 1.5 | 2.45 | -1.48 | 1.06 | 1.09 | -0.77 | 0.36 | 0.84 | 0.93 | 0.49 | 0.83 | 0.49 | 0.88 | 0.42 | 1.07 | 0.28 | 0.17 | 0.47 | 2.66 | 0.57 | 1.73 | 1.32 | 1.32 | 0.72 | -0.17 | 1.21 | 0.92 | 1.21 | -0.1 | 1.34 | 3.56 | -0.07 | 1.04 | 1.06 | -0.43 | 1.77 | 0.32 | 1.12 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 55,389 | 55,389 | 55,389 | 55,389 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,361 | 55,358 | 55,358 | 55,358 | 55,355 | 55,353 | 55,341 | 55,337 | 55,332 | 55,332 | 55,324 | 55,311 | 55,297 | 55,259 | 55,254 | 55,201 | 55,164 | 55,160 | 55,139 | 55,002 | 54,978 | 54,977 | 54,959 | 54,941 | 54,922 | 54,911 | 54,895 | 54,877 | 54,826 | 54,820 | 54,809 | 54,795 | 54,788 | 54,783 | |||||||||||||||||||||||||||||||||||||||||||||||
diluted | 55,389 | 55,389 | 55,389 | 55,389 | 55,376 | 55,375 | 55,372 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,371 | 55,375 | 55,376 | 55,372 | 55,358 | 55,358 | 55,358 | 55,366 | 55,363 | 55,348 | 55,341 | 55,335 | 55,335 | 55,334 | 55,323 | 55,312 | 55,328 | 55,322 | 55,208 | 55,178 | 55,179 | 55,159 | 55,014 | 54,989 | 54,986 | 54,973 | 54,941 | 54,935 | 54,925 | 54,895 | 54,908 | 54,826 | 54,837 | 54,831 | 54,817 | 54,833 | 54,805 | |||||||||||||||||||||||||||||||||||||||||||||||
net realized investment losses | -15,193,000 | -90,001,000 | -3,866,250 | -15,465,000 | -6,571,500 | -26,286,000 | -67,415,000 | -92,137,000 | -173,000 | -48,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -10,864,750 | -7,002,000 | -19,667,000 | -16,790,000 | -15,695,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid per share | 0.469 | 0.625 | 0.625 | 0.625 | 0.467 | 0.623 | 0.623 | 0.623 | 0.155 | 0.62 | 0.62 | 0.62 | 0.154 | 0.618 | 0.618 | 0.618 | 0.154 | 0.615 | 0.615 | 0.615 | 0.153 | 0.613 | 0.613 | 0.613 | 0.153 | 0.61 | 0.61 | 0.61 | 0.15 | 0.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share | 0.6 | 0.6 | 0.445 | 0.6 | 0.59 | 0.59 | 0.435 | 0.58 | 0.58 | 0.58 | 0.435 | 0.58 | 0.58 | 0.58 | 0.39 | 0.52 | 0.52 | 0.52 | 0.48 | 0.48 | 0.48 | 0.43 | 0.43 | 0.43 | 0.37 | 0.37 | 0.37 | 0.33 | 0.33 | 0.33 | 0.3 | 0.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 1.683 | 2.88 | 2.09 | 1.76 | -3.07 | -2.57 | 1.29 | -0.07 | 0.82 | 1.16 | 1.27 | 1.11 | 1.25 | 0.69 | 1.07 | 1.34 | 1.35 | 1.11 | 1.2 | 1.43 | 1.26 | 0.91 | 0.8 | 0.77 | 0.34 | 0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 1.675 | 2.85 | 2.07 | 1.75 | -3.07 | -2.57 | 1.29 | -0.07 | 0.82 | 1.15 | 1.27 | 1.1 | 1.25 | 0.69 | 1.07 | 1.33 | 1.35 | 1.1 | 1.19 | 1.43 | 1.26 | 0.91 | 0.8 | 0.77 | 0.34 | 0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earned premiums | 532,181,250 | 696,605,000 | 711,204,000 | 720,916,000 | 735,251,000 | 748,798,000 | 754,076,000 | 755,752,000 | 753,122,000 | 753,350,000 | 736,680,000 | 722,899,000 | 707,261,000 | 684,714,000 | 648,165,000 | 620,432,000 | 591,937,000 | 546,638,000 | 525,072,000 | 500,666,000 | 455,467,000 | 418,146,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) income before income taxes | -274,732,000 | -253,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income tax expense | -25,588,750 | -112,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | 25,530,000 | -15,106,000 | 16,762,750 | 20,397,000 | 25,608,000 | 21,046,000 | 23,192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 11,746,000 | 46,568,000 | 31,155,000 | 30,047,000 | 23,421,000 | 32,917,000 | 27,469,000 | 12,663,000 | -1,843,000 | -8,864,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incurred losses and loss adjustment expenses | 416,159,000 | 380,526,000 | 371,996,000 | 367,610,000 | 357,565,000 | 341,546,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incurred losses | 349,046,000 | 296,568,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 2003-03-31 | 2002-12-31 | 2002-06-30 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments, at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities | 5,499,834,000 | 5,430,251,000 | 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 | 3,093,275,000 | 3,139,439,000 | 3,157,398,000 | 3,077,373,000 | 2,985,161,000 | 2,952,871,000 | 2,949,236,000 | 2,929,132,000 | 2,892,777,000 | 2,841,736,000 | 2,952,084,000 | 2,914,287,000 | 2,814,553,000 | 2,972,927,000 | 2,939,494,000 | 2,942,514,000 | 2,880,003,000 | 2,886,864,000 | 2,890,629,000 | 2,888,943,000 | 2,618,400,000 | 2,619,867,000 | 2,704,628,000 | 2,633,232,000 | 2,560,653,000 | 2,538,514,000 | 2,482,052,000 | 2,513,418,000 | 2,408,354,000 | |||||||||||||||||||||||||||||||||||||||||
equity securities | 883,623,000 | 812,787,000 | 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 | 724,751,000 | 657,135,000 | 645,407,000 | 616,500,000 | 529,631,000 | 688,387,000 | 614,336,000 | 549,786,000 | 537,240,000 | 519,194,000 | 427,029,000 | 425,506,000 | 357,327,000 | 374,458,000 | 367,039,000 | 335,616,000 | 315,362,000 | 298,687,000 | 315,590,000 | 380,816,000 | 412,880,000 | 496,511,000 | 455,542,000 | 379,912,000 | 281,883,000 | 336,367,000 | 528,725,000 | 539,258,000 | 477,088,000 | |||||||||||||||||||||||||||||||||||||||||
short-term investments | 441,841,000 | 336,992,000 | 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 | 494,135,000 | 421,574,000 | 362,197,000 | 367,351,000 | 253,299,000 | 262,806,000 | 270,584,000 | 245,198,000 | 302,711,000 | 366,402,000 | 280,045,000 | 260,705,000 | 375,680,000 | 206,851,000 | 181,304,000 | 155,185,000 | 185,277,000 | 162,835,000 | 153,548,000 | 173,604,000 | 372,542,000 | 291,325,000 | 229,412,000 | 303,560,000 | 315,776,000 | 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 | 143,371,000 | 162,229,000 | 103,740,000 | 134,255,000 | 156,165,000 | |||||||||||||||||||||||||||||
total investments | 6,825,298,000 | 6,580,030,000 | 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 | 4,312,161,000 | 4,218,148,000 | 4,165,002,000 | 4,061,224,000 | 3,768,091,000 | 3,904,064,000 | 3,834,156,000 | 3,724,116,000 | 3,732,728,000 | 3,727,332,000 | 3,659,158,000 | 3,600,498,000 | 3,547,560,000 | 3,554,236,000 | 3,487,837,000 | 3,433,315,000 | 3,380,642,000 | 3,348,386,000 | 3,359,767,000 | 3,443,363,000 | 3,403,822,000 | 3,407,703,000 | 3,389,582,000 | 3,316,704,000 | 3,158,312,000 | 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 | 3,155,257,000 | 3,223,482,000 | 3,081,104,000 | 3,116,141,000 | 3,146,857,000 | 3,142,707,000 | 2,978,182,000 | 2,905,217,000 | 2,933,820,000 | 3,217,923,000 | 3,484,055,000 | 3,474,062,000 | 3,588,675,000 | 3,612,940,000 | 3,536,425,000 | 3,536,031,000 | 3,499,738,000 | 3,472,815,000 | 3,376,319,000 | 3,321,281,000 | 3,242,712,000 | 3,253,359,000 | 3,114,910,000 | 3,040,571,000 | 2,921,042,000 | 2,886,352,000 | 2,699,390,000 | 2,631,800,000 | 2,539,514,000 | 2,448,566,000 | 2,369,052,000 | 2,244,298,000 | 2,150,658,000 | 1,982,568,000 |
cash | 1,350,883,000 | 1,315,574,000 | 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 | 294,398,000 | 315,370,000 | 240,320,000 | 270,105,000 | 314,291,000 | 261,680,000 | 243,751,000 | 290,070,000 | 291,413,000 | 284,639,000 | 261,425,000 | 236,584,000 | 220,318,000 | 229,857,000 | 233,281,000 | 235,109,000 | 264,221,000 | 295,184,000 | 274,782,000 | 234,576,000 | 289,907,000 | 279,681,000 | 258,473,000 | 238,832,000 | 266,508,000 | 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 | 181,388,000 | 174,794,000 | 219,466,000 | 242,511,000 | 185,505,000 | 204,194,000 | 194,710,000 | 178,844,000 | 35,396,000 | 33,761,000 | 43,239,000 | 50,559,000 | 48,245,000 | 47,920,000 | 42,220,000 | 46,275,000 | 47,606,000 | 62,102,000 | 38,333,000 | 39,803,000 | 34,793,000 | 34,201,000 | 36,552,000 | 29,834,000 | 23,714,000 | 31,929,000 | 41,526,000 | 51,220,000 | 36,964,000 | 19,408,000 | 18,229,000 | 14,191,000 | 13,191,000 | 15,712,000 |
receivables: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums | 825,000,000 | 751,554,000 | 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 | 604,871,000 | 555,038,000 | 474,060,000 | 459,152,000 | 474,586,000 | 436,621,000 | 442,061,000 | 413,870,000 | 417,323,000 | 390,009,000 | 395,688,000 | 384,388,000 | 392,523,000 | 366,075,000 | 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 | 280,980,000 | 290,722,000 | |||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses on premiums receivable | -6,100,000 | -6,000,000 | -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 | 818,900,000 | 745,554,000 | 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 | 73,380,000 | 73,004,000 | 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 | 40,107,000 | 41,492,000 | 42,691,000 | 43,936,000 | 45,373,000 | 48,021,000 | 45,657,000 | 42,599,000 | 39,368,000 | 42,535,000 | 44,334,000 | 41,676,000 | 41,205,000 | 41,143,000 | 42,217,000 | 40,768,000 | 42,747,000 | 41,383,000 | 43,562,000 | 40,828,000 | 38,737,000 | 38,171,000 | 39,254,000 | 36,572,000 | 36,120,000 | 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 | 36,885,000 | 38,257,000 | 37,294,000 | 37,985,000 | 37,405,000 | 38,168,000 | 36,634,000 | 36,991,000 | 36,540,000 | 37,824,000 | 36,850,000 | 37,517,000 | 36,436,000 | 37,818,000 | 34,872,000 | 35,201,000 | 34,307,000 | 35,610,000 | 37,180,000 | 34,310,000 | 33,051,000 | 29,644,000 | 32,377,000 | 28,856,000 | 28,855,000 | 27,019,000 | 28,742,000 | 26,840,000 | 26,585,000 | 24,382,000 | 26,740,000 | 24,697,000 | 26,203,000 | 28,526,000 |
other | 86,557,000 | 86,508,000 | 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 | 6,464,000 | 5,554,000 | 5,252,000 | 6,330,000 | 6,132,000 | 6,077,000 | 6,152,000 | 6,978,000 | 6,658,000 | 18,041,000 | 18,961,000 | 23,079,000 | 24,635,000 | 22,291,000 | 23,019,000 | 21,176,000 | 21,925,000 | 21,114,000 | 21,411,000 | 21,744,000 | 21,202,000 | 22,212,000 | 21,462,000 | 21,448,000 | 23,029,000 | 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 | 10,076,000 | 11,246,000 | 11,059,000 | 11,010,000 | 13,689,000 | 9,835,000 | 8,343,000 | 10,400,000 | 9,526,000 | 7,875,000 | 7,595,000 | 9,466,000 | 9,010,000 | 11,497,000 | 10,136,000 | 13,733,000 | 10,085,000 | 11,867,000 | 12,368,000 | 13,647,000 | 19,724,000 | 13,258,000 | 13,352,000 | 13,784,000 | 30,415,000 | 24,267,000 | 20,837,000 | 21,231,000 | 18,612,000 | 20,028,000 | 19,589,000 | 18,232,000 | 25,035,000 | 23,063,000 |
total receivables | 978,837,000 | 905,066,000 | 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 | 651,442,000 | 676,882,000 | 640,675,000 | 630,229,000 | 606,543,000 | 612,102,000 | 579,089,000 | 558,754,000 | 520,086,000 | 546,444,000 | 532,376,000 | 543,100,000 | 524,992,000 | 538,020,000 | 525,313,000 | 527,681,000 | 501,293,000 | 504,558,000 | 478,843,000 | 479,895,000 | 449,948,000 | 456,071,000 | 445,104,000 | 450,543,000 | 425,224,000 | 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 | 327,941,000 | 340,225,000 | 328,265,000 | 340,578,000 | 327,882,000 | 339,044,000 | 328,391,000 | 348,942,000 | 339,992,000 | 359,187,000 | 353,588,000 | 376,327,000 | 367,686,000 | 393,943,000 | 380,150,000 | 393,863,000 | 372,777,000 | 399,596,000 | 400,445,000 | 408,181,000 | 390,234,000 | 385,196,000 | 365,096,000 | 360,859,000 | 367,662,000 | 356,280,000 | 331,951,000 | 317,619,000 | 295,421,000 | 277,899,000 | 266,694,000 | |||
reinsurance recoverables | 47,771,000 | 109,672,000 | 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 | 78,774,000 | 103,448,000 | 126,571,000 | 114,500,000 | 221,088,000 | 53,419,000 | 47,837,000 | 52,676,000 | 56,349,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred policy acquisition costs | 366,573,000 | 359,724,000 | 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 | 233,166,000 | 237,694,000 | 227,167,000 | 219,723,000 | 215,131,000 | 216,480,000 | 209,275,000 | 202,208,000 | 198,151,000 | 201,919,000 | 199,070,000 | 199,526,000 | 200,826,000 | 206,757,000 | 203,993,000 | 203,565,000 | 201,762,000 | 205,245,000 | 199,305,000 | 199,101,000 | 197,202,000 | 201,438,000 | 199,217,000 | 201,318,000 | 194,466,000 | 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 | 170,579,000 | 176,422,000 | 173,894,000 | 174,791,000 | 175,866,000 | 182,237,000 | 181,132,000 | 188,745,000 | 200,005,000 | 205,768,000 | 205,954,000 | 210,542,000 | 209,805,000 | 215,650,000 | 213,902,000 | 216,191,000 | 209,783,000 | 213,720,000 | 207,684,000 | 204,921,000 | 197,943,000 | 197,946,000 | 189,998,000 | 183,429,000 | 174,840,000 | 156,487,000 | 146,436,000 | 142,126,000 | 132,059,000 | 128,647,000 | 119,690,000 | 115,173,000 | 107,485,000 | 96,002,000 |
fixed assets | 150,854,000 | 146,880,000 | 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 | 168,986,000 | 168,294,000 | 162,650,000 | 155,844,000 | 153,023,000 | 149,719,000 | 148,214,000 | 145,853,000 | 145,223,000 | 144,478,000 | 155,264,000 | 155,515,000 | 155,910,000 | 155,730,000 | 157,164,000 | 158,412,000 | 157,131,000 | 157,605,000 | 157,455,000 | 156,989,000 | 158,976,000 | 160,134,000 | 157,428,000 | 155,954,000 | 156,716,000 | 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 | 196,505,000 | 197,165,000 | 200,999,000 | 201,091,000 | 201,862,000 | 200,930,000 | 201,987,000 | 198,675,000 | 191,777,000 | 189,477,000 | 188,504,000 | 190,294,000 | 172,357,000 | 165,946,000 | 165,788,000 | 162,560,000 | 152,260,000 | 140,688,000 | 136,944,000 | 137,120,000 | 136,779,000 | 126,179,000 | 124,511,000 | 119,198,000 | 88,645,000 | 85,475,000 | 83,550,000 | 81,274,000 | 79,286,000 | 77,069,000 | 71,509,000 | 67,256,000 | 61,619,000 | 46,534,000 |
operating lease right-of-use assets | 12,153,000 | 12,125,000 | 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 | 44,909,000 | 45,834,000 | 44,432,000 | 41,275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 31,821,000 | 30,637,000 | 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 | 13,339,000 | 7,146,000 | 8,807,000 | 7,251,000 | 30,339,000 | 34,347,000 | 41,393,000 | 45,277,000 | 13,521,000 | 5,234,000 | 18,637,000 | 23,231,000 | 20,971,000 | 14,076,000 | 326,000 | 5,333,000 | 5,306,000 | 12,962,000 | 2,318,000 | 15,220,000 | 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 | 26,499,000 | 18,911,000 | 43,772,000 | 32,424,000 | 36,139,000 | 63,604,000 | 119,988,000 | 162,916,000 | 171,025,000 | 92,476,000 | 3,149,000 | 4,342,000 | 30,852,000 | 32,756,000 | 20,358,000 | 31,585,000 | 33,608,000 | 46,117,000 | 33,348,000 | 37,236,000 | 42,321,000 | 40,045,000 | 29,633,000 | 19,025,000 | 3,042,000 | 24,354,000 | 9,795,000 | 17,004,000 | 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 | 42,796,000 | 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 | 42,850,000 | 42,850,000 | 42,850,000 | 42,850,000 | ||||||||||||||||||||||||||
other intangible assets | 6,613,000 | 6,827,000 | 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 | 10,636,000 | 11,903,000 | 13,170,000 | 14,437,000 | 15,534,000 | 16,901,000 | 18,256,000 | 19,622,000 | 20,728,000 | 21,611,000 | 22,949,000 | 24,287,000 | 25,625,000 | 27,144,000 | 28,663,000 | 30,182,000 | 31,702,000 | 32,538,000 | 34,033,000 | 35,528,000 | 35,623,000 | 37,118,000 | 38,613,000 | 40,108,000 | 41,603,000 | 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 | 60,124,000 | 61,715,000 | 63,418,000 | 65,120,000 | 66,823,000 | 68,526,000 | 70,229,000 | 71,482,000 | ||||||||||||||||||||||||||
other assets | 59,266,000 | 51,338,000 | 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 | 44,247,000 | 39,608,000 | 35,525,000 | 29,536,000 | 45,008,000 | 28,864,000 | 29,242,000 | 34,029,000 | 32,592,000 | 26,041,000 | 31,598,000 | 20,290,000 | 25,414,000 | 33,211,000 | 27,695,000 | 30,459,000 | 16,826,000 | 27,381,000 | 18,359,000 | 22,666,000 | 21,512,000 | 24,065,000 | 31,187,000 | 29,864,000 | 14,336,000 | 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 | 16,502,000 | 20,840,000 | 22,638,000 | 19,807,000 | 21,581,000 | 29,755,000 | 24,402,000 | 26,190,000 | 34,802,000 | 38,497,000 | 35,444,000 | 37,932,000 | 27,728,000 | 41,431,000 | 32,438,000 | 17,822,000 | 18,898,000 | 20,618,000 | 20,736,000 | 25,639,000 | 27,871,000 | 19,951,000 | 22,852,000 | 22,258,000 | 33,840,000 | 36,756,000 | 35,887,000 | 34,600,000 | 32,849,000 | 34,000,000 | 31,462,000 | 34,271,000 | 35,894,000 | 60,471,000 |
total assets | 9,872,865,000 | 9,560,669,000 | 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 | 5,889,157,000 | 5,873,242,000 | 5,716,518,000 | 5,606,720,000 | 5,433,729,000 | 5,313,037,000 | 5,204,471,000 | 5,132,787,000 | 5,101,323,000 | 5,025,599,000 | 4,938,983,000 | 4,863,989,000 | 4,788,718,000 | 4,801,272,000 | 4,722,048,000 | 4,692,063,000 | 4,628,645,000 | 4,646,579,000 | 4,586,484,000 | 4,618,057,000 | 4,600,289,000 | 4,609,006,000 | 4,562,400,000 | 4,476,119,000 | 4,315,181,000 | 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 | 4,203,364,000 | 4,260,496,000 | 4,181,870,000 | 4,237,508,000 | 4,232,633,000 | 4,273,847,000 | 4,141,871,000 | 4,131,962,000 | 3,950,195,000 | 4,150,250,000 | 4,310,784,000 | 4,344,058,000 | 4,414,496,000 | 4,477,830,000 | 4,370,923,000 | 4,372,742,000 | 4,301,062,000 | 4,310,117,000 | 4,180,461,000 | 4,136,945,000 | 4,041,551,000 | 4,016,832,000 | 3,853,919,000 | 3,756,149,000 | 3,609,743,000 | 3,553,279,000 | 3,338,740,000 | 3,258,639,000 | 3,119,766,000 | 3,003,111,000 | 2,887,841,000 | 2,751,678,000 | 2,645,296,000 | 2,451,120,000 |
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss and loss adjustment expense reserves | 3,646,201,000 | 3,633,338,000 | 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 | 1,921,255,000 | 1,855,211,000 | 1,783,924,000 | 1,787,612,000 | 1,829,412,000 | 1,580,054,000 | 1,549,850,000 | 1,530,973,000 | 1,510,613,000 | 1,372,164,000 | 1,326,963,000 | 1,316,933,000 | 1,290,248,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned premiums | 2,353,558,000 | 2,255,935,000 | 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 | 1,355,547,000 | 1,383,965,000 | 1,314,995,000 | 1,273,661,000 | 1,236,181,000 | 1,240,776,000 | 1,190,766,000 | 1,150,344,000 | 1,101,927,000 | 1,119,973,000 | 1,093,594,000 | 1,094,802,000 | 1,074,437,000 | 1,102,151,000 | 1,080,138,000 | 1,078,571,000 | 1,049,314,000 | 1,063,323,000 | 1,026,614,000 | 1,025,627,000 | 999,798,000 | 1,012,619,000 | 993,462,000 | 993,522,000 | 953,527,000 | 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 | 833,379,000 | 856,946,000 | 844,853,000 | 856,449,000 | 844,540,000 | 871,698,000 | 862,706,000 | 884,496,000 | 879,651,000 | 918,141,000 | 919,622,000 | 946,675,000 | 938,370,000 | 973,799,000 | 963,775,000 | 980,428,000 | 950,344,000 | 963,365,000 | 940,289,000 | 939,813,000 | 902,567,000 | 907,418,000 | 867,450,000 | 844,828,000 | 799,679,000 | 771,759,000 | 727,414,000 | 700,708,000 | 663,004,000 | 645,441,000 | 602,521,000 | 579,762,000 | 545,485,000 | 484,467,000 |
notes payable | 574,626,000 | 574,527,000 | 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 | 372,133,000 | 372,034,000 | 371,934,000 | 371,834,000 | 371,734,000 | 371,635,000 | 371,535,000 | 371,435,000 | 371,335,000 | 371,236,000 | 371,136,000 | 371,044,000 | 320,000,000 | 290,000,000 | 290,000,000 | 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 | 190,000,000 | 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 | 267,210,000 | 268,991,000 | 269,964,000 | 270,915,000 | 271,397,000 | 272,690,000 | 273,426,000 | 275,888,000 | 158,625,000 | 154,956,000 | 154,067,000 | 160,118,000 | 138,562,000 | 130,980,000 | 127,913,000 | 140,808,000 | 141,554,000 | 141,961,000 | 138,744,000 | 140,743,000 | 143,540,000 | 136,016,000 | 136,008,000 | 136,001,000 | 124,743,000 | 124,736,000 | 124,729,000 | 124,721,000 | 124,714,000 | 124,708,000 | 124,701,000 | 128,938,000 | 128,859,000 | 129,691,000 |
accounts payable and accrued expenses | 394,423,000 | 448,703,000 | 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 | 143,318,000 | 156,276,000 | 147,424,000 | 137,258,000 | 115,071,000 | 138,643,000 | 133,293,000 | 132,223,000 | 108,252,000 | 130,825,000 | 121,195,000 | 124,488,000 | 112,334,000 | 119,508,000 | 115,561,000 | 116,765,000 | 122,571,000 | 139,345,000 | 128,291,000 | 118,561,000 | 130,887,000 | 141,897,000 | 120,839,000 | 112,146,000 | 127,663,000 | 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 | 106,662,000 | 138,482,000 | 128,757,000 | 118,250,000 | 114,469,000 | 133,954,000 | 118,766,000 | 116,094,000 | 93,864,000 | 129,232,000 | 119,402,000 | 126,255,000 | 125,755,000 | 142,756,000 | 133,566,000 | 119,938,000 | 137,194,000 | 156,533,000 | 141,252,000 | 133,225,000 | 137,661,000 | 143,302,000 | 134,584,000 | 119,251,000 | 138,836,000 | 143,169,000 | 116,050,000 | 100,994,000 | 99,389,000 | 93,373,000 | 76,652,000 | 62,209,000 | 61,270,000 | 52,806,000 |
operating lease liabilities | 12,652,000 | 12,328,000 | 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 | 47,996,000 | 48,699,000 | 47,091,000 | 43,439,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income taxes | 77,180,000 | 30,770,000 | 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 | 7,642,000 | 13,265,000 | 18,210,000 | 27,051,000 | 38,885,000 | 27,012,000 | 51,855,000 | 62,663,000 | 61,257,000 | 13,173,000 | 12,706,000 | 8,646,000 | 10,072,000 | 11,907,000 | 9,041,000 | 11,915,000 | 7,068,000 | 2,817,000 | 503,000 | 7,792,000 | 24,476,000 | 4,961,000 | 11,856,000 | 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 | 25,719,000 | 4,092,000 | 5,464,000 | 2,195,000 | 27,268,000 | 8,101,000 | 43,378,000 | 13,161,000 | 4,056,000 | 22,691,000 | 3,150,000 | 15,685,000 | 11,553,000 | 28,223,000 | 578,000 | 16,000,000 | 1,062,000 | 17,455,000 | 13,857,000 | 26,435,000 | 24,249,000 | 9,446,000 | 11,987,000 | 10,166,000 | 8,447,000 | |||||||||||||||||||
other liabilities | 224,115,000 | 187,793,000 | 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 | 221,442,000 | 233,445,000 | 267,534,000 | 267,456,000 | 263,647,000 | 240,553,000 | 240,362,000 | 256,340,000 | 224,877,000 | 242,037,000 | 250,197,000 | 202,107,000 | 229,335,000 | 226,855,000 | 203,528,000 | 224,381,000 | 199,187,000 | 192,859,000 | 179,904,000 | 208,028,000 | 207,028,000 | 163,839,000 | 163,968,000 | 187,321,000 | 170,665,000 | 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 | 167,093,000 | 159,837,000 | 152,515,000 | 169,048,000 | 177,947,000 | 163,892,000 | 164,848,000 | 203,895,000 | 190,496,000 | 203,908,000 | 223,228,000 | 219,623,000 | 211,894,000 | 238,504,000 | 233,457,000 | 227,346,000 | 207,169,000 | 242,891,000 | 233,541,000 | 106,924,000 | 85,294,000 | 109,524,000 | 95,653,000 | 115,176,000 | 63,219,000 | 108,678,000 | 99,117,000 | 86,660,000 | 70,020,000 | 74,359,000 | 70,158,000 | 71,227,000 | 60,625,000 | 58,022,000 |
total liabilities | 7,282,755,000 | 7,143,394,000 | 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 | 4,089,655,000 | 4,070,698,000 | 3,948,556,000 | 3,887,426,000 | 3,816,045,000 | 3,578,807,000 | 3,494,613,000 | 3,448,566,000 | 3,339,936,000 | 3,249,408,000 | 3,175,791,000 | 3,118,020,000 | 3,036,316,000 | 2,985,815,000 | 2,900,020,000 | 2,884,685,000 | 2,807,760,000 | 2,817,080,000 | 2,738,741,000 | 2,748,093,000 | 2,724,843,000 | 2,684,366,000 | 2,638,737,000 | 2,614,313,000 | 2,492,695,000 | 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 | 2,408,549,000 | 2,409,405,000 | 2,395,866,000 | 2,437,383,000 | 2,461,687,000 | 2,505,234,000 | 2,499,325,000 | 2,572,618,000 | 2,456,144,000 | 2,455,478,000 | 2,444,456,000 | 2,517,885,000 | 2,552,498,000 | 2,632,158,000 | 2,581,304,000 | 2,606,632,000 | 2,576,932,000 | 2,615,931,000 | 2,547,124,000 | 2,506,809,000 | 2,433,714,000 | 2,418,950,000 | 2,302,470,000 | 2,271,980,000 | 2,150,195,000 | 2,151,207,000 | 2,015,336,000 | 1,946,541,000 | 1,864,263,000 | 1,792,333,000 | 1,691,915,000 | 1,618,309,000 | 1,546,510,000 | 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 | 99,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 2,490,411,000 | 2,317,576,000 | 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 | 1,700,674,000 | 1,703,861,000 | 1,669,315,000 | 1,620,799,000 | 1,519,658,000 | 1,636,263,000 | 1,612,272,000 | 1,586,675,000 | 1,663,864,000 | 1,678,668,000 | 1,666,627,000 | 1,649,425,000 | 1,656,873,000 | 1,717,373,000 | 1,724,711,000 | 1,710,096,000 | 1,721,030,000 | 1,731,827,000 | 1,750,621,000 | 1,775,047,000 | 1,782,937,000 | 1,837,928,000 | 1,840,469,000 | 1,779,322,000 | 1,740,484,000 | 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 | 1,721,289,000 | 1,777,817,000 | 1,713,299,000 | 1,727,809,000 | 1,698,954,000 | 1,697,037,000 | 1,571,066,000 | 1,488,385,000 | 1,423,499,000 | 1,623,607,000 | 1,795,903,000 | 1,756,924,000 | 1,712,072,000 | 1,695,940,000 | 1,661,117,000 | 1,620,061,000 | 1,588,042,000 | 1,564,152,000 | 1,522,173,000 | 1,510,606,000 | 1,478,185,000 | 1,455,448,000 | 1,405,906,000 | 1,355,765,000 | 1,318,793,000 | 1,264,834,000 | 1,219,867,000 | 1,161,890,000 | 1,113,217,000 | 1,081,949,000 | 1,050,290,000 | 1,024,873,000 | 1,000,713,000 | 997,459,000 |
total shareholders’ equity | 2,590,110,000 | 2,417,275,000 | 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 | 1,799,502,000 | 1,802,544,000 | 1,767,962,000 | 1,719,294,000 | 1,617,684,000 | 1,734,230,000 | 1,709,858,000 | 1,684,221,000 | 1,761,387,000 | 1,776,191,000 | 1,763,192,000 | 1,745,969,000 | 1,752,402,000 | 1,815,457,000 | 1,822,028,000 | 1,807,378,000 | 1,820,885,000 | 1,829,499,000 | 1,847,743,000 | 1,869,964,000 | 1,875,446,000 | 1,924,640,000 | 1,923,663,000 | 1,861,806,000 | 1,822,486,000 | 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 | 1,794,815,000 | 1,851,091,000 | 1,786,004,000 | 1,800,125,000 | 1,770,946,000 | 1,768,613,000 | 1,642,546,000 | 1,559,344,000 | 1,826,173,000 | 1,861,998,000 | 1,845,672,000 | 1,789,619,000 | 1,724,130,000 | 1,694,186,000 | 1,633,337,000 | 1,630,136,000 | 1,607,837,000 | 1,597,882,000 | 1,551,449,000 | 1,484,169,000 | 1,459,548,000 | 1,402,072,000 | 1,323,404,000 | 1,312,098,000 | 1,255,503,000 | 1,210,778,000 | 1,195,926,000 | 1,133,369,000 | 1,098,786,000 | 1,081,121,000 | ||||
total liabilities and shareholders’ equity | 9,872,865,000 | 9,560,669,000 | 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 | 5,889,157,000 | 5,873,242,000 | 5,716,518,000 | 5,606,720,000 | 5,433,729,000 | 5,313,037,000 | 5,204,471,000 | 5,132,787,000 | 5,101,323,000 | 5,025,599,000 | 4,938,983,000 | 4,863,989,000 | 4,788,718,000 | 4,801,272,000 | 4,722,048,000 | 4,692,063,000 | 4,628,645,000 | 4,646,579,000 | 4,586,484,000 | 4,618,057,000 | 4,600,289,000 | 4,609,006,000 | 4,562,400,000 | 4,476,119,000 | 4,315,181,000 | 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 | 4,203,364,000 | 4,260,496,000 | 4,181,870,000 | 4,237,508,000 | 4,232,633,000 | 4,273,847,000 | 4,141,871,000 | 4,131,962,000 | 4,150,250,000 | 4,310,784,000 | 4,344,058,000 | 4,414,496,000 | 4,477,830,000 | 4,370,923,000 | 4,372,742,000 | 4,301,062,000 | 4,310,117,000 | 4,180,461,000 | 4,136,945,000 | 4,041,551,000 | 4,016,832,000 | 3,853,919,000 | 3,756,149,000 | 3,609,743,000 | 3,553,279,000 | 3,338,740,000 | 3,258,639,000 | 3,003,111,000 | 2,887,841,000 | 2,751,678,000 | 2,645,296,000 | |||
common stock without par value or stated value: | 70,250,000 | 69,538,000 | 69,006,000 | 68,732,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,389; 55,389 | 99,699,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,358; 55,340 | 98,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,340; 55,332 | 98,026,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 55,332; 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,289; 55,164 | 95,529,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,147,000 | 3,311,000 | 3,311,000 | 8,870,000 | 6,644,000 | 6,129,000 | 4,812,000 | 3,804,000 | 3,046,000 | 1,410,000 | 774,000 | 411,000 | 128,000 | 635,000 | 285,000 | 538,000 | 538,000 | 352,000 | 166,000 | 78,000 | 285,000 | 36,000 | 18,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses and loss adjustment expenses | 1,244,553,000 | 1,146,688,000 | 1,131,553,000 | 1,113,932,000 | 1,105,877,000 | 1,091,797,000 | 1,062,913,000 | 1,053,030,000 | 1,044,045,000 | 1,038,984,000 | 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 | 1,034,205,000 | 985,149,000 | 999,777,000 | 1,022,721,000 | 1,053,334,000 | 1,055,887,000 | 1,070,003,000 | 1,092,245,000 | 1,133,508,000 | 1,049,241,000 | 1,020,932,000 | 1,042,523,000 | 1,103,915,000 | 1,097,678,000 | 1,090,682,000 | 1,078,304,000 | 1,088,822,000 | 1,065,064,000 | 1,058,171,000 | 1,011,567,000 | 1,022,603,000 | 968,874,000 | 940,491,000 | 919,872,000 | 900,744,000 | 879,760,000 | 837,145,000 | 805,651,000 | 797,927,000 | 760,655,000 | 721,341,000 | 697,591,000 | 679,271,000 | 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,164; 55,121 | 90,985,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 55,121; 54,975 | 88,705,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 54,975; 54,922 | 81,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 2,652,280,000 | 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 | 359,606,000 | 301,496,000 | 278,653,000 | 281,618,000 | 286,131,000 | 9,438,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -539,000 | -631,000 | -647,000 | -740,000 | -870,000 | -797,000 | -696,000 | -597,000 | -672,000 | -550,000 | -868,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par or stated value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000 shares; issued and outstanding 54,803; 54,777 | 74,188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 78,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 267,684,000 | 256,004,000 | 271,361,000 | 268,227,000 | 284,565,000 | 279,478,000 | 297,150,000 | 294,663,000 | 313,278,000 | 303,578,000 | 310,937,000 | 298,772,000 | 321,151,000 | 320,298,000 | 327,998,000 | 310,457,000 | 316,250,000 | 293,256,000 | 293,497,000 | 284,690,000 | 280,349,000 | 257,492,000 | 246,452,000 | 231,277,000 | 227,785,000 | 207,906,000 | 201,388,000 | 186,446,000 | 165,474,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium notes | 8,046,000 | 9,761,000 | 14,510,000 | 23,357,000 | 27,410,000 | 30,190,000 | 25,699,000 | 28,923,000 | 29,665,000 | 32,194,000 | 27,577,000 | 31,350,000 | 31,564,000 | 33,992,000 | 29,613,000 | 30,968,000 | 30,599,000 | 32,226,000 | 27,002,000 | 26,044,000 | 26,111,000 | 24,722,000 | 23,702,000 | 24,645,000 | 24,880,000 | 23,096,000 | 22,620,000 | 23,226,000 | 23,664,000 | 22,377,000 | 21,761,000 | 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 | 2,728,815,000 | 2,624,812,000 | 2,585,225,000 | 2,481,673,000 | 2,601,669,000 | 2,772,028,000 | 2,775,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities trading, at fair value | 287,720,000 | 258,813,000 | 225,907,000 | 247,391,000 | 366,738,000 | 493,143,000 | 446,147,000 | 15,114,000 | 8,483,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at fair value | 126,172,000 | 94,557,000 | 94,085,000 | 249,516,000 | 218,884,000 | 252,485,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,770,238 in 2009 and 54,763,713 shares in 2008 | 72,248,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,769,713 in 2009 and 54,763,713 shares in 2008 | 72,030,000 | 71,827,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale, at fair value | 2,887,760,000 | 2,855,325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available for sale, at fair value | 413,123,000 | 417,132,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -289,000 | 80,557,000 | 80,726,000 | 59,770,000 | 78,987,000 | 69,652,000 | 63,682,000 | 45,383,000 | 55,079,000 | 66,549,000 | 79,788,000 | 83,877,000 | 67,363,000 | 80,549,000 | 77,736,000 | 44,546,000 | 92,117,000 | 84,833,000 | 71,723,000 | 88,622,000 | 51,764,000 | 42,140,000 | 28,556,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 1,494,051,000 | 1,694,772,000 | 1,866,328,000 | 1,766,110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 3,950,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value | 71,111,000 | 66,352,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at cost, which approximates fair value | 272,678,000 | 332,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 2,883,376,000 | 2,929,364,000 | 2,898,987,000 | 2,880,398,000 | 2,772,752,000 | 2,707,035,000 | 2,645,555,000 | 2,438,026,000 | 2,411,489,000 | 2,327,639,000 | 2,245,311,000 | 2,244,444,000 | 2,164,629,000 | 2,077,509,000 | 1,945,309,000 | 1,783,571,000 | 1,842,478,000 | 1,698,762,000 | 1,632,871,000 | 1,626,822,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available for sale | 360,038,000 | 362,229,000 | 318,449,000 | 303,393,000 | 294,036,000 | 280,464,000 | 276,108,000 | 281,561,000 | 259,637,000 | 256,768,000 | 254,362,000 | 249,691,000 | 232,227,000 | 266,742,000 | 264,393,000 | 271,581,000 | 275,389,000 | 229,079,000 | 230,981,000 | 245,169,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at cost, which approximates market | 283,573,000 | 244,438,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term cash investments, at cost, which approximates market | 282,302,000 | 289,024,000 | 309,531,000 | 333,782,000 | 321,049,000 | 533,772,000 | 443,784,000 | 456,164,000 | 421,369,000 | 392,217,000 | 302,534,000 | 287,549,000 | 329,812,000 | 393,414,000 | 251,185,000 | 316,457,000 | 286,806,000 | 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,677,791 shares in 2006 and 54,605,406 shares in 2005 | 65,781,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss drafts payable | 108,215,000 | 104,593,000 | 95,495,000 | 87,177,000 | 89,764,000 | 82,245,000 | 90,223,000 | 81,404,000 | 79,204,000 | 79,960,000 | 71,720,000 | 68,416,000 | 64,346,000 | 59,089,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,634,656 shares in 2006 and 54,605,406 shares in 2005 | 64,451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income tax | 11,219,000 | 10,123,000 | 11,441,000 | 6,654,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,594,806 shares in 2005 and 54,514,693 shares in 2004 | 62,646,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,561,056 shares in 2005 and 54,514,693 shares in 2004 | 61,666,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,540,818 shares in 2005 and 54,514,693 shares in 2004 | 61,041,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,514,693 shares in 2004 and 54,424,128 in 2003 | 60,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,495,943 shares in 2004 and 54,424,128 shares in 2003 | 59,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,482,103 shares in 2004 and 54,424,128 shares in 2003 | 58,991,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,447,108 shares in 2004 and 54,424,128 shares in 2003 | 58,091,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables: - sum | 299,094,000 | 259,445,000 | 237,460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss drafts and checks payable | 75,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,410,403 shares in 2003 and 54,361,698 shares in 2002 | 57,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,407,603 shares in 2003 and 54,344,648 shares in 2002 | 57,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock without par value or stated value. authorized 70,000,000 shares; issued and outstanding 54,395,948 shares in 2003 and 54,361,698 shares in 2002 | 56,732,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 70,000,000 shares; issued and outstanding 54,361,698 shares in 2002 and 54,276,798 in 2001 | 55,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned esop compensation | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-09-30 | 2002-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 190,421,000 | 202,547,000 | 280,402,000 | 166,472,000 | -108,327,000 | 101,067,000 | 230,856,000 | 62,568,000 | 73,462,000 | -6,770,000 | -98,303,000 | -210,682,000 | -196,917,000 | 30,473,000 | 1,288,000 | 109,181,000 | 106,995,000 | 166,743,000 | 118,857,000 | 228,211,000 | -139,204,000 | 31,688,000 | 69,282,000 | 83,250,000 | 135,867,000 | -81,879,000 | 58,578,000 | 60,180,000 | -42,607,000 | 19,779,000 | 46,485,000 | 51,633,000 | 26,980,000 | -26,082,000 | 26,930,000 | 48,873,000 | 23,323,000 | 23,405,000 | 15,270,000 | 9,639,000 | 26,165,000 | -20,956,000 | 31,296,000 | 94,960,000 | 72,649,000 | 15,376,000 | 39,570,000 | -9,264,000 | 66,461,000 | -17,382,000 | 66,201,000 | -5,264,000 | 73,356,000 | 79,469,000 | -3,782,000 | 57,251,000 | 58,226,000 | -23,647,000 | 96,849,000 | 17,817,000 | 61,179,000 | 34,235,000 | 157,737,000 | 114,447,000 | 96,653,000 | -168,345,000 | -140,539,000 | 70,726,000 | -3,961,000 | 44,592,000 | 129,962,000 | 60,453,000 | 164,685,000 | 96,458,000 | 58,646,000 | 207,040,000 | 134,026,000 | 60,424,000 | 212,079,000 | 146,950,000 | 68,816,000 | 135,095,000 | 85,480,000 | 42,108,000 | 48,775,000 | 30,255,000 | ||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 19,841,000 | 21,269,000 | 18,774,000 | 17,702,000 | 17,244,000 | 19,589,000 | 19,106,000 | 17,401,000 | 17,337,000 | 18,086,000 | 18,237,000 | 18,506,000 | 17,411,000 | 17,743,000 | 18,948,000 | 23,446,000 | 22,253,000 | 22,192,000 | 20,022,000 | 19,262,000 | 17,580,000 | 17,846,000 | 17,635,000 | 16,956,000 | 16,026,000 | 17,318,000 | 16,248,000 | 16,079,000 | 15,085,000 | 15,061,000 | 15,158,000 | 14,424,000 | 14,148,000 | 13,726,000 | 14,092,000 | 14,260,000 | 13,265,000 | 6,683,000 | 6,844,000 | 6,501,000 | 6,357,000 | 6,511,000 | 6,217,000 | 6,643,000 | 7,107,000 | 7,909,000 | 6,751,000 | 6,634,000 | 6,760,000 | 6,872,000 | 6,796,000 | 8,102,000 | 8,817,000 | 9,071,000 | 9,203,000 | 9,184,000 | 9,516,000 | 10,061,000 | 10,022,000 | 10,154,000 | 10,420,000 | 11,063,000 | 12,591,000 | 8,519,000 | 8,562,000 | 9,377,000 | 8,897,000 | 9,051,000 | 8,367,000 | 7,119,000 | 6,843,000 | 6,626,000 | 6,449,000 | |||||||||||||||||
net realized investment losses | 4,543,000 | 66,865,000 | -161,786,000 | 90,001,000 | 19,779,000 | -49,008,000 | -93,157,000 | 144,213,000 | 241,938,000 | 195,086,000 | 43,543,000 | -58,805,000 | -41,691,000 | -114,189,000 | -64,436,000 | -158,426,000 | 251,320,000 | -25,067,000 | -33,323,000 | -53,329,000 | -111,074,000 | 85,165,000 | 3,910,000 | -14,290,000 | 58,735,000 | 89,228,000 | 15,465,000 | -45,381,000 | -25,057,000 | 8,212,000 | 26,286,000 | 39,348,000 | 9,961,000 | 21,629,000 | 20,089,000 | 4,269,000 | -16,212,000 | 66,919,000 | 6,105,000 | -171,373,000 | -99,862,000 | -81,314,000 | 217,906,000 | 276,973,000 | -36,496,000 | 92,137,000 | 1,042,000 | -17,791,000 | -5,674,000 | -5,334,000 | 932,000 | 759,000 | 48,623,000 | 48,688,000 | ||||||||||||||||||||||||||||||||||||
increase in premiums receivable | -73,346,000 | 26,657,000 | -21,957,000 | -4,606,000 | -54,872,000 | -19,788,000 | -34,536,000 | -7,670,000 | 7,871,000 | -25,403,000 | -26,941,000 | -20,312,000 | 24,965,000 | -37,104,000 | -12,770,000 | -24,923,000 | 2,965,000 | -30,724,000 | -18,103,000 | -35,117,000 | 11,808,000 | -16,787,000 | 9,264,000 | -19,193,000 | -19,544,000 | -3,134,000 | -2,487,000 | -4,806,000 | -12,165,000 | -10,694,000 | -9,841,000 | -17,541,000 | -31,560,000 | -8,566,000 | -8,807,000 | -49,072,000 | -26,215,000 | -15,175,000 | -41,339,000 | -21,460,000 | -14,942,000 | -35,905,000 | -21,862,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in reinsurance recoverables | 61,901,000 | 66,097,000 | 214,947,000 | 232,883,000 | -594,986,000 | -594,000 | 1,740,000 | 205,000 | 1,983,000 | -5,501,000 | 1,092,000 | 5,188,000 | -6,831,000 | -586,000 | 2,398,000 | 7,399,000 | 9,894,000 | 4,925,000 | 2,780,000 | 1,607,000 | -5,824,000 | -7,114,000 | 8,675,000 | 20,169,000 | 8,397,000 | 24,674,000 | 23,123,000 | -12,071,000 | 106,588,000 | -167,669,000 | -5,582,000 | 4,839,000 | 3,673,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in current and deferred income taxes | 45,226,000 | -53,859,000 | 69,849,000 | 39,934,000 | -30,688,000 | -28,591,000 | 36,773,000 | -8,545,000 | 12,355,000 | 104,341,000 | -6,649,000 | -19,956,000 | -16,791,000 | 16,095,000 | -30,603,000 | -60,863,000 | -56,129,000 | 4,357,000 | -22,889,000 | -24,992,000 | 25,427,000 | 25,161,000 | 10,413,000 | 37,163,000 | -41,501,000 | 12,519,000 | 10,359,000 | 18,329,000 | 31,338,000 | -32,357,000 | 23,182,000 | 12,364,000 | -17,087,000 | -21,159,000 | 4,475,000 | 11,106,000 | 2,568,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in deferred policy acquisition costs | -6,849,000 | 3,162,000 | -13,740,000 | -12,675,000 | -1,139,000 | 6,074,000 | -14,546,000 | 2,728,000 | -18,311,000 | 13,251,000 | -6,193,000 | 5,015,000 | -12,451,000 | 4,468,000 | -8,722,000 | -8,097,000 | -1,477,000 | -10,527,000 | -7,444,000 | -4,592,000 | -2,764,000 | -428,000 | -1,803,000 | 3,483,000 | -5,940,000 | -204,000 | -1,899,000 | 4,236,000 | -2,221,000 | 2,101,000 | -6,852,000 | 1,818,000 | -6,685,000 | 1,245,000 | -4,934,000 | -7,198,000 | -3,723,000 | -3,962,000 | -737,000 | 5,845,000 | -4,119,000 | -6,408,000 | -15,777,000 | -9,741,000 | -6,978,000 | -23,106,000 | -15,158,000 | -8,589,000 | -24,428,000 | -14,377,000 | -10,067,000 | -21,162,000 | -12,205,000 | -7,688,000 | -19,460,000 | -12,562,000 | ||||||||||||||||||||||||||||||||||
increase in loss and loss adjustment expense reserves | 12,863,000 | 37,366,000 | -16,188,000 | -180,421,000 | 640,550,000 | 78,341,000 | 97,287,000 | 117,183,000 | 73,518,000 | 61,926,000 | 3,769,000 | 42,446,000 | 92,651,000 | 152,176,000 | 45,912,000 | 78,996,000 | 81,396,000 | 84,309,000 | 51,106,000 | 49,915,000 | 49,796,000 | 49,318,000 | 66,044,000 | 71,287,000 | -3,688,000 | -41,800,000 | 249,358,000 | 30,204,000 | 18,877,000 | 20,360,000 | 138,449,000 | 45,201,000 | 10,030,000 | 26,685,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in unearned premiums | 97,623,000 | -17,596,000 | 88,685,000 | 63,603,000 | 81,413,000 | -37,080,000 | 102,776,000 | 119,950,000 | 118,524,000 | -12,894,000 | 116,164,000 | 81,061,000 | 5,690,000 | -89,820,000 | 37,519,000 | 29,754,000 | 48,387,000 | -25,498,000 | 74,173,000 | 30,690,000 | 34,561,000 | -26,676,000 | 42,510,000 | 5,236,000 | 29,256,000 | -28,418,000 | 68,970,000 | 41,334,000 | 37,480,000 | -4,595,000 | 50,010,000 | 40,422,000 | 48,417,000 | -18,046,000 | 26,379,000 | -1,208,000 | 20,365,000 | -27,714,000 | 22,014,000 | 1,566,000 | 29,258,000 | -14,010,000 | 36,709,000 | 987,000 | 18,866,000 | -12,821,000 | 19,157,000 | -60,000 | 39,995,000 | -13,793,000 | 29,208,000 | -10,261,000 | 27,944,000 | -847,000 | 38,835,000 | 16,459,000 | 22,555,000 | -22,781,000 | 18,968,000 | -5,874,000 | 19,735,000 | 12,093,000 | -11,596,000 | 11,909,000 | 4,845,000 | 8,305,000 | -35,429,000 | 13,431,000 | 30,084,000 | 60,798,000 | 37,722,000 | 37,246,000 | 107,739,000 | 67,771,000 | 45,149,000 | 108,755,000 | 64,410,000 | 37,704,000 | 99,956,000 | 57,036,000 | 34,277,000 | 98,580,000 | 63,125,000 | |||||||
increase in accounts payable and accrued expenses | -55,895,000 | 26,282,000 | -43,230,000 | 120,468,000 | -70,773,000 | 10,305,000 | 27,758,000 | 25,461,000 | 3,615,000 | 7,074,000 | 1,589,000 | 14,057,000 | 442,000 | -9,304,000 | 7,548,000 | -13,766,000 | -13,333,000 | 2,798,000 | -2,423,000 | 13,109,000 | -9,899,000 | 39,138,000 | 9,640,000 | -14,271,000 | 8,204,000 | 9,818,000 | 22,742,000 | -25,042,000 | 6,082,000 | 785,000 | 24,761,000 | 10,192,000 | -516,000 | 9,584,000 | -17,577,000 | 15,051,000 | 21,768,000 | 7,826,000 | -13,626,000 | -8,382,000 | 17,078,000 | 4,011,000 | 17,660,000 | -5,356,000 | 210,000 | 326,000 | 6,017,000 | -11,952,000 | -3,054,000 | 10,432,000 | -5,411,000 | -35,151,000 | 9,334,000 | 11,644,000 | 5,119,000 | -21,994,000 | 18,632,000 | 2,313,000 | 16,806,000 | 500,000 | -3,628,000 | 18,872,000 | 3,591,000 | 4,466,000 | -4,252,000 | -19,585,000 | 43,780,000 | 16,661,000 | 1,606,000 | 32,103,000 | 15,382,000 | 939,000 | 14,850,000 | 6,168,000 | ||||||||||||||||
other | 29,273,000 | -23,935,000 | 3,346,000 | -45,584,000 | 76,170,000 | -2,163,000 | -29,478,000 | -11,757,000 | 19,066,000 | 1,961,000 | -40,836,000 | 9,352,000 | 14,944,000 | -11,895,000 | -6,304,000 | -12,615,000 | 28,110,000 | -15,641,000 | -1,592,000 | 19,810,000 | 13,747,000 | 1,641,000 | 10,070,000 | -5,696,000 | 8,276,000 | -7,930,000 | -38,585,000 | 11,392,000 | 7,960,000 | 15,843,000 | -2,534,000 | -6,749,000 | 7,103,000 | 183,000 | -1,447,000 | 26,632,000 | 17,094,000 | -3,740,000 | -825,000 | -12,689,000 | 13,195,000 | -3,878,000 | 951,000 | -7,275,000 | 8,706,000 | -3,599,000 | -687,000 | -7,913,000 | 10,245,000 | -5,636,000 | -2,801,000 | -11,360,000 | 9,480,000 | -2,669,000 | -1,417,000 | -7,124,000 | 5,029,000 | -8,546,000 | 4,279,000 | -11,190,000 | 11,344,000 | 5,204,000 | -1,124,000 | -8,037,000 | 8,188,000 | 6,681,000 | -4,653,000 | -8,004,000 | 2,202,000 | -1,269,000 | 6,067,000 | -14,092,000 | 3,809,000 | -182,000 | 1,450,000 | -970,000 | 8,124,000 | 27,855,000 | 18,522,000 | 40,427,000 | 35,574,000 | 36,375,000 | 5,600,000 | 4,391,000 | 9,773,000 | 13,190,000 | -1,316,000 | 15,797,000 | 1,043,000 | -4,461,000 |
net cash from operating activities | 325,601,000 | 287,873,000 | 496,439,000 | 371,605,000 | -68,729,000 | 248,318,000 | 318,129,000 | 278,044,000 | 192,626,000 | 225,335,000 | 122,291,000 | 87,189,000 | 18,173,000 | 67,718,000 | 89,965,000 | 88,328,000 | 106,578,000 | 73,555,000 | 110,788,000 | 142,722,000 | 174,519,000 | 162,364,000 | 183,669,000 | 162,437,000 | 97,146,000 | 106,085,000 | 147,970,000 | 90,936,000 | 174,687,000 | 58,239,000 | 141,120,000 | 105,724,000 | 78,351,000 | 64,940,000 | 101,720,000 | 100,522,000 | 74,223,000 | 77,922,000 | 107,866,000 | 56,006,000 | 45,679,000 | 41,537,000 | 11,452,000 | 47,038,000 | 71,108,000 | 78,943,000 | 49,446,000 | 40,087,000 | 73,259,000 | 38,260,000 | 58,198,000 | 34,732,000 | 63,949,000 | 14,698,000 | 34,683,000 | -12,227,000 | 77,694,000 | 57,482,000 | 35,576,000 | -7,643,000 | 47,380,000 | 19,163,000 | 32,881,000 | 32,565,000 | 50,097,000 | 55,505,000 | 50,858,000 | -8,011,000 | 59,679,000 | -19,236,000 | 32,169,000 | 9,680,000 | 115,377,000 | 49,919,000 | 293,173,000 | 199,805,000 | 116,679,000 | 409,191,000 | 257,684,000 | 147,057,000 | 393,524,000 | 246,952,000 | 115,033,000 | 341,928,000 | 201,131,000 | 101,277,000 | 255,964,000 | 150,533,000 | ||
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 | 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 | 325,601,000 | 287,873,000 | 496,439,000 | 371,605,000 | -68,729,000 | 248,318,000 | 318,129,000 | 278,044,000 | 192,626,000 | 225,335,000 | 122,291,000 | 87,189,000 | 18,173,000 | 67,718,000 | 89,965,000 | 88,328,000 | 106,578,000 | 73,555,000 | 110,788,000 | 142,722,000 | 174,519,000 | 162,364,000 | 183,669,000 | 162,437,000 | 97,146,000 | 106,085,000 | 147,970,000 | 90,936,000 | 174,687,000 | 58,239,000 | 141,120,000 | 105,724,000 | 78,351,000 | 64,940,000 | 101,720,000 | 100,522,000 | 74,223,000 | 77,922,000 | 107,866,000 | 56,006,000 | 45,679,000 | 41,537,000 | 11,452,000 | 47,038,000 | 71,108,000 | 78,943,000 | 49,446,000 | 40,087,000 | 73,259,000 | 38,260,000 | 58,198,000 | 34,732,000 | 63,949,000 | 14,698,000 | 34,683,000 | -12,227,000 | 77,694,000 | 57,482,000 | 35,576,000 | -7,643,000 | 47,380,000 | 19,163,000 | 32,881,000 | 32,565,000 | 50,097,000 | 55,505,000 | 50,858,000 | -8,011,000 | 59,679,000 | -19,236,000 | 32,169,000 | 9,680,000 | 115,377,000 | 49,919,000 | 293,173,000 | 199,805,000 | 116,679,000 | 409,191,000 | 257,684,000 | 147,057,000 | 393,524,000 | 246,952,000 | 115,033,000 | 341,928,000 | 201,131,000 | 101,277,000 | 255,964,000 | 150,533,000 | ||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities available for sale in nature: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases | -646,273,000 | -524,757,000 | -386,343,000 | -632,787,000 | -299,354,000 | -499,644,000 | -431,801,000 | -369,778,000 | -419,763,000 | -325,363,000 | -203,501,000 | -80,596,000 | -175,292,000 | -495,386,000 | -521,495,000 | -439,107,000 | -338,829,000 | -415,822,000 | -470,221,000 | -344,560,000 | -230,038,000 | -191,672,000 | -236,900,000 | -115,124,000 | -334,517,000 | -106,804,000 | -90,430,000 | -147,969,000 | -146,592,000 | -158,839,000 | -153,487,000 | -179,951,000 | -213,947,000 | -206,979,000 | -87,124,000 | -162,001,000 | -278,293,000 | -334,967,000 | -251,440,000 | -104,603,000 | -386,628,000 | -158,551,000 | -287,813,000 | -144,755,000 | -374,582,000 | -149,286,000 | -61,770,000 | -153,930,000 | -177,508,000 | -206,470,000 | -194,342,000 | -221,216,000 | -209,768,000 | -204,300,000 | -125,636,000 | -131,053,000 | -129,573,000 | -114,315,000 | -81,908,000 | -126,558,000 | -57,182,000 | -77,662,000 | -166,980,000 | -76,055,000 | -112,172,000 | -65,826,000 | -132,750,000 | -153,254,000 | -78,862,000 | -152,129,000 | -109,080,000 | -168,282,000 | -243,740,000 | -362,923,000 | -1,055,169,000 | -591,197,000 | -1,817,114,000 | -1,381,759,000 | -739,535,000 | -943,707,000 | -697,996,000 | -345,133,000 | -823,109,000 | -610,445,000 | -285,516,000 | -551,137,000 | -370,584,000 | -123,715,000 | -348,067,000 | -268,882,000 |
sales | 342,886,000 | 36,893,000 | 26,990,000 | 42,594,000 | 351,769,000 | 8,327,000 | 17,961,000 | 28,307,000 | 116,837,000 | 116,690,000 | 41,994,000 | 20,419,000 | 97,702,000 | 234,772,000 | 255,692,000 | 218,739,000 | 147,088,000 | 218,447,000 | 31,732,000 | 44,981,000 | 41,041,000 | 40,751,000 | 20,350,000 | 83,483,000 | 23,503,000 | 80,678,000 | 1,913,000 | 38,772,000 | 15,197,000 | 40,885,000 | 29,944,000 | 58,239,000 | 60,238,000 | 13,739,000 | 21,759,000 | 42,702,000 | 22,509,000 | 165,857,000 | 58,419,000 | 22,746,000 | 149,744,000 | 49,222,000 | 141,890,000 | 53,101,000 | 16,733,000 | 33,761,000 | 49,493,000 | 52,515,000 | 73,911,000 | 55,559,000 | 55,481,000 | 107,508,000 | 9,568,000 | 61,519,000 | 22,224,000 | 20,301,000 | 35,816,000 | 21,984,000 | 45,835,000 | 53,009,000 | 96,707,000 | 58,705,000 | 71,618,000 | 15,763,000 | 58,457,000 | 12,124,000 | 102,909,000 | 91,484,000 | 31,791,000 | 127,656,000 | 93,116,000 | 100,730,000 | 229,185,000 | 279,549,000 | 844,592,000 | 452,094,000 | 1,056,826,000 | 578,909,000 | 466,094,000 | 410,881,000 | 343,411,000 | 165,585,000 | 240,992,000 | 180,801,000 | 91,118,000 | 78,824,000 | 35,576,000 | 2,440,000 | 314,608,000 | 177,049,000 |
calls or maturities | 204,163,000 | 206,752,000 | 232,475,000 | 182,339,000 | 255,122,000 | 378,726,000 | 300,852,000 | 146,980,000 | 114,300,000 | 110,271,000 | 59,496,000 | 71,644,000 | 52,898,000 | 91,602,000 | 121,620,000 | 177,402,000 | 89,399,000 | 121,033,000 | 171,874,000 | 122,640,000 | 103,010,000 | 96,698,000 | 69,942,000 | 42,595,000 | 41,643,000 | 58,050,000 | 119,964,000 | 58,747,000 | 80,099,000 | 90,644,000 | 88,368,000 | 92,941,000 | 62,673,000 | 139,256,000 | 177,697,000 | 99,629,000 | 159,153,000 | 225,322,000 | 133,480,000 | 108,132,000 | 180,125,000 | 103,333,000 | 142,167,000 | 53,779,000 | 87,365,000 | 116,772,000 | 96,761,000 | 57,471,000 | 59,633,000 | 111,202,000 | 68,692,000 | 82,193,000 | 81,541,000 | 200,294,000 | 138,820,000 | 116,480,000 | 73,292,000 | 124,386,000 | 143,251,000 | 68,054,000 | 82,925,000 | 53,180,000 | 81,638,000 | 77,499,000 | 73,137,000 | 52,878,000 | 53,449,000 | 67,250,000 | 44,460,000 | 50,933,000 | 59,964,000 | 55,299,000 | 69,650,000 | 49,794,000 | 176,510,000 | 101,956,000 | 517,520,000 | 636,624,000 | 193,469,000 | 309,028,000 | 178,464,000 | 71,584,000 | 268,917,000 | 162,394,000 | 75,363,000 | 338,267,000 | 159,404,000 | 64,248,000 | 82,044,000 | 46,815,000 |
equity securities available for sale in nature: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in securities payable and receivable | -1,231,000 | 20,307,000 | -21,390,000 | 33,489,000 | -31,936,000 | 18,301,000 | -6,581,000 | 9,824,000 | 10,783,000 | -23,591,000 | 16,351,000 | 8,455,000 | -37,650,000 | 33,427,000 | -13,997,000 | -468,000 | 3,162,000 | -11,940,000 | -11,840,000 | -11,329,000 | 43,436,000 | -11,050,000 | 14,142,000 | -11,083,000 | 8,864,000 | -6,307,000 | 1,321,000 | -13,451,000 | 15,901,000 | -9,612,000 | 1,384,000 | -7,274,000 | 19,537,000 | -22,266,000 | 7,200,000 | 9,590,000 | -39,264,000 | 12,686,000 | 19,660,000 | -1,406,000 | -982,000 | 5,271,000 | 126,000 | -20,422,000 | 13,638,000 | 14,916,000 | 10,708,000 | -15,652,000 | -678,000 | 45,620,000 | -68,368,000 | 34,899,000 | -10,449,000 | |||||||||||||||||||||||||||||||||||||
decrease in short-term investments | -104,832,000 | -73,622,000 | 75,683,000 | 25,341,000 | 16,151,000 | 33,545,000 | -23,435,000 | -1,493,000 | 5,372,000 | 56,830,000 | 214,679,000 | 144,033,000 | -145,159,000 | -121,843,000 | 81,561,000 | -95,699,000 | 254,811,000 | -72,013,000 | -60,008,000 | 4,917,000 | -113,287,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets | -16,802,000 | -14,015,000 | -16,903,000 | -14,370,000 | -13,143,000 | -12,324,000 | -11,957,000 | -11,586,000 | -10,271,000 | -9,825,000 | -7,922,000 | -10,378,000 | -8,685,000 | -9,919,000 | -8,517,000 | -8,799,000 | -8,273,000 | -11,696,000 | -9,873,000 | -7,929,000 | -9,975,000 | -9,484,000 | -10,305,000 | -10,950,000 | -12,444,000 | -8,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -272,308,000 | -207,230,000 | -348,540,000 | -515,988,000 | 651,602,000 | -127,382,000 | -293,621,000 | -180,774,000 | -194,879,000 | -110,540,000 | -133,284,000 | 17,887,000 | -69,500,000 | -120,891,000 | -26,290,000 | -58,782,000 | -110,421,000 | -44,384,000 | -112,398,000 | -67,520,000 | -149,368,000 | -100,391,000 | -88,817,000 | -118,245,000 | -103,833,000 | -92,292,000 | -38,184,000 | -86,125,000 | -184,600,000 | 29,080,000 | -88,944,000 | -117,460,000 | -45,112,000 | -23,583,000 | -45,053,000 | -40,621,000 | -76,340,000 | -83,887,000 | -77,819,000 | -23,577,000 | -41,437,000 | -38,218,000 | -34,093,000 | -7,203,000 | -37,909,000 | -25,528,000 | -123,395,000 | 161,000 | -9,929,000 | -10,885,000 | 2,302,000 | -31,451,000 | -2,766,000 | -26,527,000 | -9,001,000 | 44,162,000 | -15,269,000 | -53,977,000 | 149,699,000 | 47,005,000 | -59,956,000 | -10,183,000 | 56,234,000 | -19,085,000 | -8,860,000 | -7,874,000 | 4,122,000 | 45,755,000 | -38,099,000 | 43,110,000 | -16,112,000 | 18,841,000 | -54,630,000 | -23,297,000 | -224,491,000 | -145,904,000 | -86,543,000 | -330,346,000 | -199,170,000 | -118,200,000 | -339,704,000 | -203,252,000 | -81,114,000 | -281,890,000 | -160,302,000 | -82,120,000 | -191,918,000 | -106,582,000 | ||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to shareholders | -17,586,000 | -17,586,000 | -17,585,000 | -17,586,000 | -17,586,000 | -17,585,000 | -17,581,000 | -17,580,000 | -17,580,000 | -17,581,000 | -17,581,000 | -17,580,000 | -17,580,000 | -17,580,000 | -17,581,000 | -35,160,000 | -35,161,000 | -35,160,000 | -35,022,000 | -35,022,000 | -35,022,000 | -35,014,000 | -34,876,000 | -34,875,000 | -34,875,000 | -34,875,000 | -34,736,000 | -34,734,000 | -34,726,000 | -34,726,000 | -34,587,000 | -34,583,000 | -34,582,000 | -34,583,000 | -34,444,000 | -34,431,000 | -34,428,000 | -34,418,000 | -34,268,000 | -34,258,000 | -34,257,000 | -34,203,000 | -34,063,000 | -34,065,000 | -34,055,000 | -34,035,000 | -33,837,000 | -33,813,000 | -33,811,000 | -33,809,000 | -33,664,000 | -33,662,000 | -33,641,000 | -33,636,000 | -33,496,000 | -33,495,000 | -33,478,000 | -33,462,000 | -32,896,000 | -32,893,000 | -32,891,000 | -32,882,000 | -32,330,000 | -32,328,000 | -32,323,000 | -32,318,000 | -31,766,000 | -31,766,000 | -31,767,000 | -31,763,000 | -31,757,000 | -31,748,000 | -31,743,000 | -28,460,000 | -56,887,000 | -28,434,000 | -78,719,000 | -52,470,000 | -26,225,000 | -70,386,000 | -46,912,000 | -23,452,000 | -60,463,000 | -40,300,000 | -20,143,000 | -53,858,000 | -35,903,000 | -17,948,000 | -48,874,000 | -32,577,000 |
payments on finance lease obligations | -398,000 | -58,000 | 9,000 | -569,000 | -754,000 | -121,000 | 15,000 | -442,000 | -985,000 | -247,000 | -213,000 | -153,000 | -489,000 | -357,000 | -210,000 | -148,000 | -789,000 | -60,000 | -377,000 | 5,000 | -393,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -17,984,000 | -17,644,000 | -17,576,000 | -18,155,000 | -18,340,000 | -16,954,000 | -17,566,000 | -18,022,000 | -18,565,000 | -17,828,000 | 107,206,000 | -17,733,000 | 31,931,000 | 7,063,000 | -17,791,000 | -35,308,000 | -35,950,000 | -35,220,000 | -35,399,000 | -35,017,000 | -35,200,000 | -35,623,000 | -34,876,000 | -34,875,000 | -34,875,000 | -34,765,000 | -34,736,000 | -34,596,000 | -34,273,000 | -34,708,000 | -34,247,000 | -34,583,000 | -34,582,000 | -34,583,000 | -33,453,000 | -35,060,000 | 18,383,000 | -3,574,000 | -33,471,000 | -34,257,000 | -33,354,000 | -34,282,000 | -32,690,000 | -29,609,000 | -11,991,000 | -33,774,000 | 46,273,000 | -23,801,000 | 6,400,000 | -32,086,000 | -33,641,000 | -33,272,000 | -33,496,000 | -32,385,000 | -32,374,000 | -30,305,000 | -157,719,000 | -32,738,000 | -32,373,000 | -32,768,000 | -32,096,000 | -32,025,000 | -32,109,000 | -32,169,000 | -31,753,000 | -31,765,000 | 88,468,000 | -36,109,000 | -31,058,000 | -31,194,000 | -13,743,000 | -28,196,000 | -66,133,000 | -27,953,000 | -76,364,000 | -50,361,000 | -25,126,000 | -68,358,000 | -45,676,000 | -22,737,000 | -58,855,000 | -39,138,000 | -19,663,000 | -53,821,000 | -35,791,000 | -18,157,000 | -49,511,000 | -32,090,000 | ||
net increase in cash | 35,309,000 | 62,999,000 | 130,323,000 | -162,538,000 | 564,533,000 | 103,982,000 | 6,942,000 | 96,967,000 | 96,213,000 | -46,110,000 | 45,884,000 | -6,049,000 | -37,009,000 | 26,350,000 | -20,972,000 | 52,611,000 | 17,929,000 | -46,319,000 | -1,343,000 | 6,774,000 | 23,214,000 | 24,841,000 | 16,266,000 | -9,539,000 | -30,963,000 | 10,226,000 | 21,208,000 | 19,641,000 | -27,676,000 | 16,447,000 | 69,730,000 | -4,711,000 | 26,859,000 | -29,991,000 | 27,687,000 | -44,214,000 | -6,692,000 | 1,630,000 | -95,294,000 | -29,233,000 | 152,902,000 | 6,594,000 | -44,672,000 | -23,045,000 | 57,006,000 | -18,689,000 | 9,484,000 | 15,866,000 | 143,448,000 | 1,635,000 | 2,314,000 | 325,000 | -1,331,000 | -7,682,000 | 3,540,000 | 5,010,000 | 10,487,000 | 12,838,000 | 6,120,000 | -5,035,000 | 4,562,000 | 14,256,000 | 6,217,000 | 5,038,000 | 1,000,000 | 14,535,000 | 11,861,000 | |||||||||||||||||||||||
cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning of the year | 1,315,574,000 | 0 | 0 | 720,257,000 | 0 | 0 | 550,903,000 | 0 | 0 | 289,776,000 | 0 | 0 | 335,557,000 | 0 | 0 | 348,479,000 | 0 | 0 | 294,398,000 | 0 | 0 | 314,291,000 | 0 | 0 | 291,413,000 | 0 | 0 | 220,318,000 | 0 | 0 | 264,221,000 | 0 | 0 | 289,907,000 | 0 | 0 | 266,508,000 | 0 | 0 | 158,183,000 | 0 | 0 | 211,393,000 | 0 | 0 | 181,388,000 | 0 | 0 | 185,505,000 | 3,851,000 | 3,851,000 | |||||||||||||||||||||||||||||||||||||||
end of period | 1,350,883,000 | 130,323,000 | -162,538,000 | 1,284,790,000 | 6,942,000 | 79,248,000 | 530,085,000 | 96,213,000 | 87,343,000 | 270,380,000 | 45,884,000 | -5,762,000 | 295,764,000 | -37,009,000 | 40,185,000 | 338,430,000 | 59,976,000 | 9,317,000 | 252,836,000 | 75,050,000 | -29,785,000 | 270,105,000 | 17,929,000 | -46,319,000 | 290,070,000 | 23,214,000 | 24,841,000 | 236,584,000 | -3,424,000 | -1,828,000 | 235,109,000 | 20,402,000 | 40,206,000 | 234,576,000 | 21,208,000 | 19,641,000 | 238,832,000 | 69,730,000 | -4,711,000 | 185,042,000 | 27,687,000 | -44,214,000 | 204,701,000 | 334,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow disclosure | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 10,840,000 | 2,799,000 | 11,237,000 | 2,946,000 | 11,179,000 | 3,294,000 | 11,771,000 | 3,271,000 | 11,741,000 | 3,466,000 | 11,125,000 | 94,000 | 8,315,000 | 53,000 | 8,287,000 | 37,000 | 8,288,000 | 32,000 | 8,281,000 | 28,000 | 8,275,000 | 26,000 | 8,275,000 | 29,000 | 8,269,000 | 19,000 | 8,270,000 | 29,000 | 8,268,000 | 86,000 | 8,250,000 | 0 | 8,250,000 | 0 | 8,571,000 | 0 | 1,292,000 | 734,000 | 977,000 | 942,000 | 878,000 | 761,000 | 788,000 | 748,000 | 692,000 | 703,000 | 688,000 | 675,000 | 477,000 | 202,000 | 214,000 | 214,000 | 368,000 | 371,000 | 392,000 | 388,000 | 539,000 | 907,000 | 2,004,000 | 1,153,000 | 2,129,000 | 1,150,000 | 2,200,000 | 1,171,000 | 2,086,000 | |||||||||||||||||||||||||
income taxes paid (refunded) | 51,023,000 | 19,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. federal | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. state and local | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
california | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign | 5,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total income taxes paid (refunded) | 5,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | -117,000 | -84,450,000 | -23,480,000 | -23,321,000 | -2,898,000 | -38,192,000 | -20,718,000 | -21,156,000 | -24,460,000 | -46,712,000 | -44,050,000 | 23,759,000 | -52,663,000 | -28,690,000 | -22,044,000 | -9,812,000 | -8,947,000 | -13,376,000 | -10,686,000 | -6,454,000 | -15,457,000 | -7,761,000 | -4,216,000 | -18,652,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on sales of fixed assets | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on property held for sale | 0 | 275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
calls | 0 | 0 | 0 | 7,185,000 | 0 | 880,000 | 0 | 0 | 0 | 0 | 0 | 923,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term investments | 135,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of fixed assets | 0 | 21,420,000 | 0 | 12,703,000 | 3,000 | 2,000 | 28,863,000 | 1,008,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock options exercised | 0 | 0 | 0 | 215,000 | 110,000 | 0 | 138,000 | 453,000 | 18,000 | 0 | 991,000 | 0 | 1,171,000 | 926,000 | 0 | 0 | 828,000 | 1,283,000 | 4,447,000 | 1,682,000 | 34,000 | 84,000 | 64,000 | 58,000 | 394,000 | 0 | 1,026,000 | 1,072,000 | 1,141,000 | 169,000 | 143,000 | 498,000 | 42,000 | 216,000 | 286,000 | 189,000 | 149,000 | 11,000 | 0 | 233,000 | 166,000 | 625,000 | 194,000 | 1,834,000 | 424,000 | 1,866,000 | 1,651,000 | 860,000 | 2,028,000 | 1,236,000 | 715,000 | 1,608,000 | 1,162,000 | 480,000 | 1,037,000 | 956,000 | 712,000 | 1,363,000 | 1,309,000 | |||||||||||||||||||||||||||||||
proceeds from bank loan | 0 | 20,000,000 | 0 | 80,000,000 | 10,000,000 | 0 | 0 | 0 | 120,000,000 | 0 | 0 | 0 | 18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of year | 6,594,000 | -44,672,000 | -23,045,000 | 242,511,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. state and local - sum | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes (refunded) paid | 62,000 | 341,000 | -3,280,000 | -57,789,000 | 1,000 | -211,000 | -6,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net losses on sales of fixed assets | -22,000 | -2,000 | -7,639,000 | 1,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in premiums receivable | -74,948,000 | 3,085,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from bank borrowing | 125,000,000 | 0 | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in deferred policy acquisition costs | -14,094,000 | 84,000 | -7,662,000 | 3,257,000 | -7,066,000 | -4,058,000 | 456,000 | 1,300,000 | -907,000 | -66,000 | 5,843,000 | -2,528,000 | 897,000 | 1,075,000 | 6,371,000 | -1,105,000 | 7,613,000 | 11,260,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash | -20,818,000 | -19,396,000 | -39,793,000 | -10,049,000 | 9,317,000 | -41,562,000 | -29,785,000 | -44,186,000 | -1,828,000 | -29,112,000 | 40,206,000 | -55,331,000 | -5,386,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 3,404,000 | 4,000 | 18,223,000 | 7,287,000 | 6,012,000 | 1,051,000 | 101,000 | 194,000 | 79,000 | 5,000 | 8,738,000 | 12,849,000 | 9,798,000 | 1,090,000 | 30,000,000 | 11,312,000 | 18,737,000 | -800,000 | 37,000 | 16,827,000 | 439,000 | -10,849,000 | 403,000 | 21,973,000 | 6,954,000 | 8,000,000 | 9,002,000 | -8,908,000 | 409,000 | 2,761,000 | 12,701,000 | 12,087,000 | -8,757,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -8,227,000 | -41,543,000 | -45,288,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes refunded | 28,000 | 36,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued expenses | 3,994,000 | -1,038,000 | -5,128,000 | 9,480,000 | -38,258,000 | -17,256,000 | -4,436,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 0 | 0 | 15,000 | 35,000 | 36,000 | 35,000 | 35,000 | 36,000 | 36,000 | 35,000 | 35,000 | 35,000 | 36,000 | 36,000 | 16,000 | 41,000 | 40,000 | 41,000 | 23,000 | 0 | 4,000 | 21,000 | 35,000 | 3,614,000 | -31,000 | 36,000 | -3,477,000 | 2,262,000 | 550,000 | 1,353,000 | 1,043,000 | 1,371,000 | 1,672,000 | 671,000 | 398,000 | 758,000 | 316,000 | -129,000 | 29,000 | -682,000 | 397,000 | -180,000 | 95,000 | 293,000 | 292,000 | 198,000 | 116,000 | 8,000 | 408,000 | 187,000 | 209,000 | 192,000 | 204,000 | 203,000 | 164,000 | 163,000 | 162,000 | 158,000 | 169,000 | 99,000 | 292,000 | 145,000 | ||||||||||||||||||||||||||||
purchase of fixed assets | -7,310,000 | -7,501,000 | -6,942,000 | -6,206,000 | -5,168,000 | -3,718,000 | -7,132,000 | -3,425,000 | -4,105,000 | -3,939,000 | -4,339,000 | -4,596,000 | -3,728,000 | -5,086,000 | -5,370,000 | -5,928,000 | -5,157,000 | -8,676,000 | -5,759,000 | -6,445,000 | -5,688,000 | -4,622,000 | -3,860,000 | -4,501,000 | -2,972,000 | -4,430,000 | -3,623,000 | -4,152,000 | -5,466,000 | -3,029,000 | -3,628,000 | -5,956,000 | -6,743,000 | -6,836,000 | -7,876,000 | -7,431,000 | -6,121,000 | -9,559,000 | -10,341,000 | -10,315,000 | -10,726,000 | -8,030,000 | -4,520,000 | -25,237,000 | -9,599,000 | -26,589,000 | -12,762,000 | -22,533,000 | -11,980,000 | -6,219,000 | -26,739,000 | -20,328,000 | -9,432,000 | -18,753,000 | -12,663,000 | -5,921,000 | -28,250,000 | -18,466,000 | -9,272,000 | -12,932,000 | -8,429,000 | |||||||||||||||||||||||||||||
decrease in loss and loss adjustment expense reserves | -32,835,000 | -23,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of fixed assets | 229,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of fixed assets | 0 | 11,000 | 1,000 | 0 | 2,000 | 5,000 | 32,000 | 46,000 | 58,000 | 15,000 | 2,000 | 56,000 | 151,000 | 210,000 | 157,000 | 306,000 | 147,000 | 180,000 | 471,000 | 560,000 | 833,000 | -426,000 | 783,000 | 399,000 | 339,000 | 677,000 | 99,000 | 186,000 | 176,000 | 141,000 | 935,000 | 335,000 | 237,000 | 1,114,000 | 534,000 | 322,000 | 769,000 | 669,000 | 146,000 | 1,267,000 | 1,150,000 | 182,000 | 1,713,000 | 1,640,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of senior notes | 0 | 0 | -629,000 | 371,640,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payoff of principal on loan and credit facilities | 0 | 0 | 0 | -320,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee taxes paid with shares related to share-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in short-term investments and purchased options | 7,861,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in short-term investments and purchased options | 57,110,000 | 61,836,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in reinsurance recoverables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business acquisition, net of cash acquired | 0 | 0 | 0 | 7,771,000 | 0 | 0 | -440,000 | -115,048,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term investments and purchased options | -17,504,000 | 115,294,000 | -27,409,000 | 29,086,000 | -22,782,000 | -9,211,000 | 20,865,000 | 198,620,000 | -62,424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee taxes paid for withheld shares related to share-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bond amortization | 6,995,000 | 6,818,000 | 6,539,000 | 6,521,000 | 4,081,000 | 5,931,000 | 6,135,000 | 5,213,000 | 4,268,000 | 4,537,000 | 5,960,000 | 4,153,000 | 3,870,000 | 2,945,000 | 2,979,000 | 2,735,000 | 144,000 | 2,632,000 | 2,436,000 | 1,545,000 | 544,000 | 1,367,000 | 1,427,000 | 1,277,000 | 1,490,000 | 773,000 | -767,000 | -434,000 | 1,895,000 | 2,542,000 | 1,724,000 | 494,000 | 6,552,000 | 2,068,000 | 962,000 | 2,681,000 | 3,150,000 | 2,079,000 | 567,000 | 3,371,000 | 682,000 | -1,678,000 | 9,385,000 | 6,533,000 | 3,155,000 | 6,003,000 | 4,759,000 | 2,212,000 | 1,773,000 | |||||||||||||||||||||||||||||||||||||||||
excess tax benefits related to share-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in unpaid losses and loss adjustment expenses | 45,695,000 | 15,135,000 | 17,621,000 | 8,055,000 | -4,597,000 | 28,884,000 | 9,883,000 | 8,985,000 | 5,061,000 | 6,237,000 | 1,860,000 | 42,461,000 | 35,568,000 | -11,036,000 | 68,130,000 | 39,747,000 | 19,128,000 | 81,833,000 | 39,218,000 | 7,724,000 | 81,384,000 | 42,070,000 | 18,320,000 | 100,416,000 | 42,551,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other payables | -7,958,000 | 8,892,000 | -1,937,000 | 3,548,000 | 22,546,000 | -7,082,000 | 9,195,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from exercise of stock options | -91,000 | 0 | -904,000 | 79,000 | 0 | -24,000 | -82,000 | 21,000 | -164,000 | 56,000 | -6,000 | 30,000 | 0 | -84,000 | -32,000 | -16,000 | -8,000 | -12,000 | -20,000 | -72,000 | -18,000 | -17,000 | -25,000 | 0 | -2,000 | -1,000 | -2,000 | 12,000 | -74,000 | -70,000 | -170,000 | -57,000 | 489,000 | 458,000 | 239,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premiums receivables | -28,191,000 | 3,453,000 | -22,214,000 | -11,300,000 | 8,135,000 | -26,448,000 | -16,757,000 | 12,242,000 | -22,916,000 | -28,879,000 | -7,528,000 | -21,111,000 | -15,341,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in current and deferred income taxes | 4,623,000 | 15,239,000 | 2,632,000 | -11,742,000 | -17,978,000 | -6,102,000 | -24,176,000 | 30,165,000 | 10,643,000 | 15,187,000 | -32,523,000 | 24,094,000 | 24,726,000 | -35,561,000 | 21,683,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in other payables | 5,637,000 | -4,696,000 | 1,598,000 | 587,000 | 2,125,000 | 7,543,000 | -5,497,000 | -2,326,000 | -6,820,000 | 1,122,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available-for-sale in nature: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available-for-sale in nature: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premium receivables | 5,660,000 | -29,116,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in losses and loss adjustment expense reserves | 35,824,000 | 28,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used in investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term investments | 12,206,000 | -85,668,000 | -14,086,000 | 142,368,000 | -73,459,000 | -41,791,000 | 47,245,000 | 9,056,000 | -27,934,000 | 31,760,000 | 18,900,000 | -57,828,000 | 29,871,000 | 21,872,000 | -30,038,000 | -31,512,000 | -507,000 | 110,775,000 | 48,184,000 | -33,663,000 | 33,652,000 | 19,829,000 | 59,322,000 | -1,271,000 | 37,864,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to retire senior notes | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payoff bank loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in unpaid losses and loss adjustment expenses | 3,498,000 | -2,382,000 | -26,705,000 | 99,000 | 23,935,000 | -30,893,000 | 6,554,000 | -2,259,000 | -9,735,000 | -43,486,000 | -14,628,000 | -22,944,000 | -30,613,000 | -14,116,000 | -22,242,000 | -41,263,000 | -61,392,000 | -10,518,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in other payables | -417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in payable for securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in payable for securities | -3,623,000 | 275,000 | -4,015,000 | -19,717,000 | 17,859,000 | -3,264,000 | 6,575,000 | 4,053,000 | -11,372,000 | 11,507,000 | -521,000 | -2,414,000 | -22,128,000 | 26,255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in current and deferred income taxes | 23,222,000 | -23,337,000 | 27,269,000 | 18,277,000 | -29,212,000 | 26,289,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in trading securities in nature, net of realized gains and losses | 0 | 0 | 0 | 3,209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other payables | -2,081,000 | 4,590,000 | -1,380,000 | -24,315,000 | 12,117,000 | -2,019,000 | -6,518,000 | -6,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale in nature: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale and write-off of fixed assets | -4,183,000 | 1,899,000 | 554,000 | 1,171,000 | 104,000 | 56,000 | 10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains from sale of investments | -3,785,000 | 3,537,000 | 7,776,000 | 6,276,000 | -47,000 | 1,800,000 | 3,178,000 | 9,996,000 | -19,867,000 | -26,673,000 | -16,204,000 | 3,402,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in unearned premiums | -27,158,000 | 8,992,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in premiums receivables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in premium notes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in premiums notes receivable | 4,749,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in liability for taxes | 28,866,000 | -15,498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in premiums notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decease in premiums receivable | -11,680,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in income taxes | 53,988,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale and write off of fixed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning of the period | 0 | 0 | 35,396,000 | 0 | 0 | 48,245,000 | 47,606,000 | 47,606,000 | 69,784,000 | 34,793,000 | 34,793,000 | 23,714,000 | 23,714,000 | 23,714,000 | 36,964,000 | 36,964,000 | 36,964,000 | 13,191,000 | 13,191,000 | 13,191,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of the period | 9,484,000 | 15,866,000 | 178,844,000 | -9,478,000 | -7,320,000 | 50,559,000 | 42,220,000 | 46,275,000 | 62,102,000 | 38,333,000 | 39,803,000 | 34,201,000 | 36,552,000 | 29,834,000 | 31,929,000 | 41,526,000 | 51,220,000 | 19,408,000 | 18,229,000 | 14,191,000 | 18,386,000 | 15,712,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period | 2,388,000 | 1,190,000 | 2,499,000 | 2,826,000 | 198,000 | 2,571,000 | 4,534,000 | 4,334,000 | 8,490,000 | 4,185,000 | 7,778,000 | 5,492,000 | 2,148,000 | 2,018,000 | 3,329,000 | 1,450,000 | 1,450,000 | 3,054,000 | 1,630,000 | 1,598,000 | 6,310,000 | 4,425,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid during the period | 17,497,000 | -13,969,000 | 66,000 | -238,000 | 36,670,000 | 391,000 | 56,062,000 | 23,944,000 | 60,162,000 | 37,586,000 | 75,000 | 66,233,000 | 54,501,000 | 9,832,000 | 76,233,000 | 38,079,000 | 11,876,000 | 31,248,000 | 16,122,000 | 7,054,000 | 15,376,000 | 9,888,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premiums notes receivable | 2,780,000 | -4,491,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in tax assets | 43,384,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in premiums receivable | 16,338,000 | -5,087,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in premiums notes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in deferred policy acquisition costs | 5,763,000 | 186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in unearned premiums | -38,490,000 | -1,481,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in liability for taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in trading securities in nature, net of realized gains and losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premium notes receivable | 742,000 | 2,529,000 | -4,617,000 | -3,597,000 | -5,224,000 | -2,342,000 | -2,409,000 | -1,020,000 | -2,260,000 | -476,000 | -1,465,000 | -1,903,000 | -616,000 | -4,468,000 | -3,141,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in unpaid losses and loss adjustment expenses | 28,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in liability for taxes | -112,703,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in securities held for trading, net of realized gains and losses | 250,000 | -5,019,000 | 6,811,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in other payables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payable for securities | -11,362,000 | 6,941,000 | 7,394,000 | -9,226,000 | 7,278,000 | 12,953,000 | 24,559,000 | 24,626,000 | 9,915,000 | 22,663,000 | 11,977,000 | 31,617,000 | 23,398,000 | 17,538,000 | 4,439,000 | 6,886,000 | 7,289,000 | 9,878,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loan pay-off | 0 | -11,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains from sale of investments. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued income taxes payable, excluding deferred tax on change in unrealized gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in trading securities | -4,037,000 | -8,493,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available for sale: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of the year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 12,821,000 | 6,296,000 | 17,803,000 | 11,601,000 | 5,732,000 | 13,226,000 | 8,658,000 | 4,061,000 | 11,931,000 | 7,835,000 | 3,910,000 | 11,700,000 | 7,568,000 | 3,520,000 | 7,162,000 | 4,658,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premium notes | -1,951,000 | -4,379,000 | -3,966,000 | -2,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued income taxes, excluding deferred tax on change in unrealized gain | -14,404,000 | 3,085,000 | 20,872,000 | 20,193,000 | 46,258,000 | 17,993,000 | -1,411,000 | 13,463,000 | 7,457,000 | 21,927,000 | 15,436,000 | 5,512,000 | -20,565,000 | -13,248,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivable for securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in short-term cash investments | 11,518,000 | -22,415,000 | -34,795,000 | 27,278,000 | 42,263,000 | 35,620,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term cash investments | 32,025,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information and non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from exercise of stock options exercised included in net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage note assumed as part of florida real estate acquisition with a market value of approximately 24.9 million | 11,250,000 | 11,250,000 | 11,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in loss drafts payable | 3,622,000 | 13,250,000 | 4,932,000 | 7,519,000 | 10,263,000 | 1,444,000 | -756,000 | 10,834,000 | 7,374,000 | 4,070,000 | 10,055,000 | 5,460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term cash investments | -12,733,000 | -112,404,000 | -62,405,000 | -106,608,000 | -29,651,000 | -250,332,000 | -38,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from exercise of stock options included in net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premiums collected in advance | 10,769,000 | 6,307,000 | 11,119,000 | 9,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accrued income taxes, excluding deferred tax on change in unrealized gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivable from securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on esop loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit realized on stock options exercised included in cash from operating activities | 412,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit realized on stock options exercised included in cash from operations | 224,000 | 119,000 | 441,000 | 376,000 | 157,000 | 136,000 | 125,000 | 87,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in reinsurance recoveries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payments under credit arrangements | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in esop loan | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information and non-cash financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in notes payable | 4,315,000 | 4,315,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in notes payable | 156,000 | 79,000 | 178,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accrued income taxes, excluding deferred tax on change in unrealized gain. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in reinsurance recoveries | 1,398,000 | 6,147,000 | 173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in net income taxes receivable/payable, excluding deferred tax on change in unrealized gain | 13,026,000 | 10,125,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivable for securities | -1,093,000 | -10,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bond accretion | -406,000 | -779,000 | -5,881,000 | -4,371,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mercury county mutual insurance company | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivable from securities | -30,072,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase and retirement of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit realized on stock options exercised | 344,000 | 324,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payable from securities | 3,259,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payments under credit arrangement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information and non cash financing activities: |