7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-03-31 2014-12-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 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 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-09-30 2004-06-30 2004-03-31 2003-09-30 2003-06-30 2003-03-31 2002-09-30 2002-06-30 
      
    		                                                                               
      assets
    		                                                                               
      investments, at estimated fair value:
    		                                                                               
      fixed maturity securities, available-for-sale
    		17,259,981,000 16,772,408,000 16,277,629,000 15,745,539,000 16,067,848,000 14,977,514,000 14,519,370,000 14,372,732,000 12,951,279,000 12,745,692,000 12,403,118,000 11,856,835,000 11,726,357,000 11,943,894,000 12,295,298,000 12,587,305,000 11,962,587,000 11,439,655,000 10,828,145,000 10,681,734,000 10,244,242,000 10,060,472,000                                                          
      equity securities
    		12,787,616,000 12,330,104,000 11,697,643,000 11,784,521,000 11,591,298,000 10,592,844,000 10,570,975,000 9,577,871,000 8,574,957,000 8,688,860,000 8,113,476,000 7,671,912,000 6,950,357,000 7,170,001,000 8,655,757,000 9,023,927,000 8,220,874,000 8,205,708,000 7,528,817,000 6,994,110,000 6,183,944,000 5,664,247,000 5,684,087,000 7,590,755,000 6,978,874,000 6,875,933,000 6,381,173,000 5,720,945,000 6,549,848,000 6,069,245,000 5,903,803,000 5,709,946,000 5,340,827,000 5,038,933,000 4,510,427,000 4,395,569,000 4,316,540,000 4,074,475,000 4,340,849,000 4,137,576,000 3,251,798,000 2,988,614,000 2,810,434,000 2,708,449,000 2,180,069,000 2,166,841,000 1,609,199,000 1,837,219,000 1,782,584,000 1,586,760,000 1,404,314,000 1,544,543,000 1,349,829,000 1,055,879,000 946,099,000 1,073,769,000 1,463,772,000 1,450,017,000 1,726,721,000 1,854,062,000 1,858,539,000 1,816,027,000 1,749,141,000 1,766,273,000 1,539,774,000 1,428,819,000 1,455,837,000 1,385,368,000 1,355,608,000 1,308,549,000 1,338,526,000 1,088,883,000 1,068,056,000 1,055,145,000 805,068,000 729,238,000 563,327,000 514,356,000 541,574,000 
      short-term investments, available-for-sale
    		2,115,757,000 1,894,524,000 2,099,033,000 2,524,910,000 2,355,738,000 2,787,758,000 2,617,642,000 2,571,382,000 2,252,726,000 2,039,061,000 2,487,501,000 2,669,262,000 2,424,844,000 2,055,534,000 2,093,215,000 1,799,988,000 2,757,798,000 3,263,073,000 2,736,982,000 2,034,099,000 1,897,459,000 929,272,000 250,872,000 1,196,248,000 1,545,393,000 1,383,572,000 754,288,000 1,077,696,000 1,918,691,000 1,947,585,000 2,037,238,000                                                 
      total investments
    		32,163,354,000 30,997,036,000 30,074,305,000 30,054,970,000 30,014,884,000 28,358,116,000 27,707,987,000 26,521,985,000 23,778,962,000 23,473,613,000 23,004,095,000 22,198,009,000 21,101,558,000 21,169,429,000 23,044,270,000 23,411,220,000 22,941,259,000 22,908,436,000 21,093,944,000 19,709,943,000 18,325,645,000 16,653,991,000 16,058,574,000 18,757,912,000 18,728,292,000 18,518,145,000 17,297,880,000 16,841,829,000 18,420,592,000 18,150,903,000 17,845,116,000 17,624,854,000 17,098,735,000 17,223,487,000 16,818,219,000 16,790,689,000 15,793,338,000 15,111,204,000 16,044,535,000 16,155,307,000 14,846,622,000 14,461,010,000 14,484,594,000 8,898,592,000 7,972,314,000 8,138,199,000 7,677,539,000 7,917,401,000 7,611,137,000 7,422,215,000 7,192,988,000 7,337,699,000 6,998,179,000 6,630,885,000 6,239,636,000 6,268,878,000 6,637,436,000 6,813,845,000 7,122,257,000 7,310,545,000 7,348,939,000 7,240,000,000 7,038,904,000 6,980,180,000 6,762,472,000 6,278,322,000 6,218,167,000             
      cash and cash equivalents
    		4,049,174,000 3,720,202,000 4,193,675,000 3,692,667,000 3,873,041,000 3,510,558,000 3,627,142,000 3,747,060,000 4,354,858,000 4,305,884,000 4,031,952,000 4,137,432,000 3,540,690,000 3,698,854,000 3,891,080,000 3,978,490,000 3,938,626,000 3,679,433,000 3,882,379,000 4,341,736,000 4,593,025,000 4,833,689,000 3,834,664,000 3,072,807,000 2,715,455,000 2,220,793,000 2,415,421,000 2,014,168,000 2,347,040,000 1,945,370,000 2,048,976,000 2,076,266,000 2,315,212,000 1,852,735,000 2,156,398,000 2,007,938,000 2,284,165,000 2,630,009,000 1,958,087,000 1,960,169,000 1,978,526,000 2,115,322,000 1,702,622,000 899,075,000 837,208,000 691,797,000 920,193,000 767,954,000 649,947,000 817,954,000 686,675,000 637,672,000 850,494,000 686,136,000 646,975,000 639,578,000 588,459,000 682,149,000 612,056,000 477,661,000 383,626,000 403,415,000 402,982,000 555,115,000 403,817,000 333,607,000 288,418,000 377,335,000 391,725,000 332,405,000 378,939,000 356,623,000 367,667,000 265,522,000 370,434,000 349,307,000 245,776,000 415,605,000 424,965,000 
      restricted cash and cash equivalents
    		567,729,000 574,891,000 481,267,000 499,581,000 753,476,000 705,444,000 649,598,000 584,974,000 690,004,000 935,045,000 972,901,000 1,084,081,000 1,255,178,000 1,212,463,000 1,316,503,000 902,457,000 568,385,000 672,385,000 615,525,000 874,913,000 669,528,000 793,683,000 623,660,000 427,546,000 484,314,000 420,673,000 348,984,000 382,264,000 279,902,000 299,026,000 392,676,000 279,399,000 271,031,000 261,956,000 383,971,000 353,900,000 454,467,000 440,132,000 550,610,000 522,225,000 786,926,000 600,171,000 396,416,000                                     
      receivables
    		4,268,847,000 4,551,187,000 4,282,558,000 3,626,799,000 3,909,404,000 4,227,835,000 3,608,947,000 3,455,306,000 3,557,500,000 3,695,172,000 3,192,078,000 2,961,056,000 2,956,686,000 3,128,706,000 2,686,731,000 2,413,938,000 2,320,987,000 2,627,218,000 2,254,424,000 1,930,211,000 2,004,080,000 2,362,789,000 2,088,579,000 1,847,802,000 1,930,394,000 2,191,947,000 1,959,137,000 1,692,526,000 1,817,637,000 1,944,751,000 1,749,025,000 1,588,636,000 1,589,444,000 1,429,602,000 1,312,685,000 1,427,092,000 1,405,210,000 1,113,703,000 1,193,405,000 1,135,217,000 1,141,773,000 1,253,781,000 1,416,165,000 511,073,000 476,462,000 459,978,000 364,483,000 422,667,000 388,244,000 340,107,000 332,587,000 303,735,000 279,879,000 324,154,000 299,230,000 271,067,000 337,532,000 361,152,000 335,153,000 296,295,000 348,844,000 363,777,000 372,307,000 322,982,000 353,176,000 386,959,000 354,259,000 385,951,000 404,717,000 400,041,000 416,086,000 464,458,000 510,154,000 507,324,000 442,168,000 465,218,000 437,211,000 328,296,000 226,395,000 
      reinsurance recoverables
    		12,989,511,000 12,789,658,000 12,617,479,000 11,604,844,000 10,746,213,000 9,756,660,000 9,575,066,000 9,235,501,000 8,534,919,000 8,296,043,000 8,585,580,000 8,446,745,000 8,258,499,000 7,315,657,000 7,191,433,000 7,293,555,000 6,944,636,000 6,484,269,000 6,188,894,000 5,989,337,000 5,665,838,000 5,472,349,000 5,439,942,000 5,432,712,000 5,372,156,000 5,372,769,000 5,292,335,000 5,221,947,000                                                    
      deferred policy acquisition costs
    		984,401,000 975,399,000 960,668,000 875,710,000 967,670,000 1,001,435,000 961,819,000 931,344,000 985,947,000 1,013,304,000 994,365,000 925,483,000 946,064,000 954,521,000 899,358,000 765,915,000 772,127,000 766,736,000 722,865,000 630,794,000 638,134,000 637,760,000 630,600,000 566,042,000 570,323,000 554,233,000 541,012,000 474,513,000 518,853,000 508,214,000 513,814,000 506,294,000 489,836,000 470,788,000 409,195,000 415,700,000 400,052,000 352,756,000 369,632,000 353,410,000 260,967,000 260,230,000 225,492,000 178,682,000 174,274,000 181,686,000 206,534,000 203,940,000 199,921,000 179,413,000 172,479,000 165,976,000 156,797,000 172,164,000 177,979,000 183,755,000 207,337,000 212,913,000 206,175,000 202,291,000 219,432,000 223,111,000 220,702,000 218,392,000 230,569,000 230,408,000 219,272,000 215,734,000 208,256,000 199,729,000 204,579,000 211,887,000 207,613,000 207,221,000 190,573,000 176,907,000 161,126,000 162,694,000 165,315,000 
      prepaid reinsurance premiums
    		3,704,576,000 4,564,408,000 3,334,253,000 2,947,213,000 3,413,314,000 3,672,976,000 2,783,613,000 2,365,243,000 2,707,925,000 2,486,203,000 2,162,117,000 2,066,114,000 2,285,959,000 2,123,256,000 1,940,719,000 1,798,571,000 1,920,184,000 1,708,240,000 1,477,997,000 1,451,858,000 1,457,580,000 1,378,802,000 1,260,009,000 1,415,857,000 1,508,853,000 1,459,272,000 1,334,442,000 1,331,022,000 1,361,044,000 1,266,916,000 1,166,692,000 352,676,000 344,639,000 332,385,000 354,186,000 362,865,000 343,107,000 322,362,000 365,496,000 365,458,000 383,559,000 437,435,000 426,514,000 114,175,000 112,399,000 101,149,000 102,138,000 95,082,000 88,190,000 80,253,000 72,057,000 67,288,000 68,307,000 77,293,000 78,455,000 86,534,000 104,446,000 114,054,000 109,317,000 114,711,000 132,841,000 119,678,000 117,068,000 117,889,000 127,961,000 131,311,000 129,963,000 138,335,000 142,875,000 156,450,000 171,955,000 182,589,000 190,176,000 204,333,000 228,523,000 227,739,000 233,420,000 255,263,000 221,466,000 
      goodwill
    		2,820,761,000 2,826,530,000 2,772,105,000 2,735,867,000 2,739,770,000 2,738,147,000 2,626,258,000 2,624,749,000 2,623,451,000 2,626,588,000 2,642,877,000 2,638,838,000 2,797,426,000 2,769,729,000 2,773,587,000 2,899,140,000 2,695,164,000 2,606,138,000 2,604,820,000 2,604,624,000 2,604,575,000 2,606,507,000 2,309,576,000 2,308,548,000 2,187,585,000 2,189,367,000 2,215,818,000 2,237,975,000 1,783,784,000 1,784,667,000 1,789,035,000 1,425,789,000 1,216,403,000 1,142,535,000 1,165,892,000 1,167,861,000 1,171,809,000 1,167,844,000 1,039,911,000 1,049,115,000 967,717,000 1,008,205,000 1,041,900,000                    330,330,000 339,717,000 339,717,000 339,717,000 339,717,000 339,717,000 339,717,000 339,717,000 339,717,000         
      intangible assets
    		1,566,955,000 1,617,193,000 1,635,277,000 1,459,620,000 1,507,581,000 1,552,843,000 1,545,709,000 1,588,684,000 1,633,188,000 1,677,621,000 1,706,206,000 1,747,464,000 1,686,212,000 1,729,174,000 1,773,784,000 1,822,486,000 1,719,609,000 1,696,748,000 1,736,148,000 1,782,718,000 1,820,453,000 1,865,666,000 1,692,248,000 1,738,474,000 1,659,129,000 1,695,588,000 1,712,618,000 1,726,196,000 1,241,108,000 1,269,520,000 1,317,828,000 990,008,000 806,585,000 711,999,000 733,415,000 753,191,000 775,254,000 792,372,000 680,357,000 702,747,000 565,083,000 560,836,000 576,688,000                             342,617,000 357,317,000 357,317,000 357,317,000 357,317,000 358,815,000 364,073,000 366,702,000 
      other assets
    		4,276,254,000 4,174,673,000 4,247,468,000 4,400,711,000 4,357,885,000 4,185,607,000 4,200,246,000 3,990,864,000 3,881,962,000 3,674,660,000 3,650,090,000 3,586,037,000 3,593,083,000 3,844,984,000 3,467,792,000 3,163,094,000 2,875,459,000 2,491,910,000 2,466,033,000 2,393,920,000 2,391,161,000 2,462,390,000 2,110,935,000 1,906,115,000 1,879,695,000 1,798,797,000 1,619,079,000 1,383,823,000 1,214,710,000 1,247,756,000 1,283,791,000 1,136,448,000 1,010,676,000 965,435,000 965,502,000 959,765,000 932,860,000 944,101,000 987,566,000 985,834,000 1,067,922,000 1,096,285,000 1,210,995,000 666,977,000 592,697,000 486,234,000 483,361,000 435,865,000 455,216,000 324,161,000 430,508,000 406,927,000 433,262,000 451,274,000 559,208,000 585,099,000 494,624,000 361,891,000 276,031,000 236,781,000 243,512,000 258,274,000 232,273,000 191,400,000 281,306,000 363,133,000 315,540,000 293,756,000 213,802,000 303,784,000 192,480,000 243,204,000 236,194,000 208,307,000 197,653,000 191,096,000 249,596,000 216,883,000 220,504,000 
      total assets
    		67,391,562,000 66,791,177,000 64,599,055,000 61,897,982,000 62,283,238,000 59,709,621,000 57,286,385,000 55,045,710,000 52,748,716,000 52,184,133,000 50,942,261,000 49,791,259,000 48,421,355,000 47,946,773,000 48,985,257,000 48,448,866,000 46,696,436,000 45,641,513,000 43,043,029,000 41,710,054,000 40,170,019,000 39,067,626,000 36,048,787,000 37,473,815,000 37,036,196,000 36,421,584,000 34,736,726,000 33,306,263,000 33,958,305,000 33,247,031,000 32,866,471,000 28,519,411,000 27,203,341,000 26,400,679,000 26,403,645,000 26,335,628,000 25,685,230,000 24,941,271,000 25,253,389,000 25,200,357,000 23,955,511,000 23,808,577,000 23,499,980,000 13,117,991,000 11,965,233,000 11,859,284,000 11,371,754,000 11,464,537,000 11,041,536,000 10,581,122,000 10,324,461,000 10,339,951,000 10,241,896,000 9,711,499,000 9,395,753,000 9,477,690,000 9,931,115,000 10,043,763,000 10,155,623,000 10,134,419,000 10,229,608,000 10,197,182,000 9,969,557,000 10,088,131,000 9,982,296,000 9,686,223,000 9,725,286,000 9,901,010,000 9,272,419,000 9,232,235,000 9,397,586,000 9,094,503,000 8,682,464,000 8,753,729,000 8,061,412,000 7,876,613,000 7,504,808,000 7,022,361,000 6,783,836,000 
      liabilities and equity
    		                                                                               
      unpaid losses and loss adjustment expenses
    		29,137,969,000 28,515,391,000 27,888,257,000 26,633,094,000 25,877,478,000 24,646,618,000 24,144,955,000 23,483,321,000 22,144,366,000 21,374,813,000 21,306,793,000 20,947,898,000 20,194,374,000 19,062,760,000 18,843,130,000 18,178,894,000 17,611,199,000 16,999,816,000 16,600,500,000 16,222,376,000 15,723,231,000 15,245,505,000 15,038,812,000 14,728,676,000 14,437,816,000 14,335,783,000 14,332,665,000 14,276,479,000 13,888,489,000 13,628,941,000 13,641,937,000 11,443,148,000 10,312,695,000 10,139,678,000 10,258,290,000 10,199,899,000 10,257,506,000 10,251,953,000 10,280,037,000 10,404,152,000 10,262,056,000 10,172,692,000 10,012,140,000 5,286,068,000 5,273,275,000 5,357,151,000 5,463,082,000 5,505,657,000 5,477,591,000 5,358,819,000 5,327,268,000 5,368,766,000 5,427,096,000 5,524,183,000 5,432,814,000 5,492,339,000 5,789,273,000 5,652,584,000 5,583,239,000 5,525,573,000 5,611,043,000 5,579,728,000 5,520,322,000 5,583,879,000 5,627,095,000 5,692,539,000 5,775,510,000 6,047,831,000 5,301,515,000 5,388,173,000 5,482,367,000 5,347,851,000 5,125,017,000 5,085,483,000 4,647,026,000 4,467,216,000 4,387,646,000 4,055,529,000 3,872,587,000 
      life and annuity benefits
    		598,973,000 611,859,000 587,593,000 583,273,000 623,445,000 594,749,000 617,266,000 649,054,000 600,256,000 643,572,000 668,848,000 759,025,000 733,489,000 777,726,000 824,174,000 902,980,000 925,958,000 975,499,000 977,647,000 1,069,986,000 1,034,093,000 999,421,000 975,485,000 985,729,000 1,021,185,000 1,032,715,000 1,011,637,000 1,001,453,000 1,028,696,000 1,033,461,000 1,093,437,000 1,108,947,000 1,061,298,000 1,038,325,000 1,155,672,000 1,152,676,000 1,149,932,000 1,123,275,000 1,189,140,000 1,305,818,000 1,486,574,000 1,482,998,000 1,456,829,000                                     
      unearned premiums
    		8,233,797,000 9,073,434,000 7,691,743,000 7,063,956,000 7,887,057,000 8,243,981,000 7,153,997,000 6,642,426,000 7,196,808,000 7,072,182,000 6,570,373,000 6,220,748,000 6,514,980,000 6,336,362,000 5,923,624,000 5,383,619,000 5,511,392,000 5,261,649,000 4,838,032,000 4,433,245,000 4,509,811,000 4,413,789,000 4,190,216,000 4,057,727,000 4,224,074,000 4,116,051,000 3,892,388,000 3,611,028,000 3,816,249,000 3,695,040,000 3,574,496,000 2,750,243,000 2,712,597,000 2,576,636,000 2,474,277,000 2,529,540,000 2,417,925,000 2,166,105,000 2,316,508,000 2,245,690,000 2,127,115,000 2,307,266,000 2,332,267,000 1,094,312,000 1,036,444,000 975,832,000 969,628,000 956,195,000 908,406,000 833,775,000 785,009,000 745,869,000 717,728,000 811,603,000 797,645,000 827,888,000 937,965,000 979,671,000 943,686,000 940,309,000 1,046,023,000 1,051,593,000 1,021,319,000 1,007,801,000 1,075,003,000 1,090,121,000 1,038,283,000 1,019,867,000 999,409,000 996,219,000 1,026,296,000 1,069,305,000 1,072,285,000 1,087,772,000 1,079,790,000 1,029,834,000 992,468,000 994,299,000 969,609,000 
      payables to insurance and reinsurance companies
    		1,799,672,000 1,723,784,000 1,842,984,000 1,434,901,000 1,448,951,000 1,418,983,000 1,237,996,000 1,037,722,000 924,602,000 972,194,000 800,371,000 669,742,000 685,294,000 703,481,000 634,089,000 616,665,000 579,905,000 671,820,000 561,155,000 493,470,000 416,988,000 447,970,000 280,405,000 406,720,000 408,508,000 485,570,000 368,389,000 337,326,000 453,132,000 422,423,000 382,263,000 230,041,000 259,801,000 242,333,000 256,793,000 260,599,000 298,261,000 224,921,000 286,102,000 276,122,000 295,496,000 385,734,000 422,731,000                                     
      senior long-term debt and other debt
    		4,284,763,000 4,364,232,000 4,390,589,000 4,330,341,000 4,356,054,000 4,399,876,000 3,855,494,000 3,779,796,000 3,769,248,000 3,813,917,000 3,896,766,000 4,103,629,000 4,131,165,000 4,502,237,000 4,428,692,000 4,361,266,000 4,268,290,000 4,160,175,000 3,564,949,000 3,484,023,000 3,498,311,000 3,606,109,000 3,593,954,000 3,534,183,000 3,896,962,000 3,625,744,000 3,058,968,000 3,009,577,000 2,993,243,000 3,024,306,000 3,048,096,000 2,471,419,000 2,485,671,000 2,581,605,000 2,589,350,000 2,602,432,000 2,299,756,000 2,241,427,000 2,249,554,000 2,253,594,000 2,256,227,000 2,250,479,000 2,249,819,000 1,732,250,000 1,309,530,000 1,305,573,000 1,271,810,000 1,268,444,000 1,027,711,000 996,663,000 1,003,576,000 996,386,000 963,648,000                           
      other liabilities
    		4,741,022,000 4,634,354,000 4,453,408,000 4,383,444,000 4,427,425,000 3,980,342,000 3,959,161,000 3,927,498,000 3,590,807,000 3,603,932,000 3,417,906,000 3,438,738,000 3,290,291,000 3,301,497,000 3,744,465,000 3,826,156,000 3,527,555,000 3,346,104,000 3,080,928,000 2,946,631,000 2,838,807,000 2,729,931,000 2,082,168,000 2,504,802,000 2,247,179,000 2,261,343,000 2,106,331,000 1,796,036,000 1,839,603,000 1,809,448,000 1,649,372,000 1,455,459,000 1,332,072,000 1,082,917,000 1,064,328,000 1,078,708,000 947,619,000 1,030,023,000 999,542,000 1,051,931,000 777,850,000 675,580,000 625,487,000 640,034,000 463,222,000 416,847,000 305,741,000 296,617,000 276,910,000 245,076,000 275,328,000 235,920,000 294,857,000 224,803,000 179,401,000 245,881,000 243,958,000 257,250,000 274,631,000 306,887,000 262,079,000 304,789,000 211,982,000 282,821,000 263,013,000 230,914,000 236,773,000 229,734,000 279,684,000 264,369,000 287,707,000 223,153,000 183,445,000 197,212,000 177,003,000 199,187,000 150,962,000 166,721,000 139,292,000 
      total liabilities
    		48,796,196,000 48,923,054,000 46,854,574,000 44,429,009,000 44,620,410,000 43,284,549,000 40,968,869,000 39,519,817,000 38,226,087,000 37,480,610,000 36,661,057,000 36,139,780,000 35,549,593,000 34,684,063,000 34,398,174,000 33,269,580,000 32,424,299,000 31,415,063,000 29,623,211,000 28,649,731,000 28,021,241,000 27,442,725,000 26,161,040,000 26,217,837,000 26,235,724,000 25,857,206,000 24,770,378,000 24,031,899,000 24,019,412,000 23,613,619,000 23,389,601,000 19,459,257,000 18,164,134,000 17,661,494,000 17,798,710,000 17,823,854,000 17,370,999,000 17,037,704,000 17,320,883,000 17,537,307,000 17,205,318,000 17,274,749,000 17,099,273,000 8,887,069,000 8,222,329,000 8,183,316,000 8,093,662,000 8,116,458,000 7,778,467,000 7,506,962,000 7,458,018,000 7,417,492,000 7,450,182,000 7,359,074,000 7,215,673,000 7,297,016,000 7,618,434,000 7,554,678,000 7,540,842,000 7,493,257,000 7,667,600,000 7,747,782,000 7,596,503,000 7,791,738,000 8,006,903,000 7,948,124,000 8,019,545,000 8,305,693,000 7,521,116,000 7,603,963,000 7,741,083,000 7,588,553,000 7,250,301,000 7,279,028,000 6,759,367,000 6,547,358,000 6,326,811,000 5,887,255,000 5,656,257,000 
      redeemable noncontrolling interests
    		536,045,000 531,339,000 579,739,000 540,034,000 515,493,000 476,518,000 499,993,000 469,685,000 467,386,000 464,442,000 491,883,000 523,154,000 513,043,000 495,378,000 480,351,000 461,378,000 231,912,000 228,401,000 234,654,000 245,642,000 241,020,000 214,653,000 155,417,000 177,562,000 165,602,000 151,297,000 148,002,000 174,062,000 158,739,000 155,998,000 155,720,000 153,310,000 86,691,000 87,935,000 70,660,000 66,201,000 67,668,000 62,958,000 55,108,000 61,048,000 72,183,000 71,488,000 74,858,000 74,501,000 87,613,000                                   
      commitments and contingencies
    		                                                                               
      shareholders' equity:
    		                                                                               
      preferred stock
    		  591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000 591,891,000                                                          
      common stock
    		3,666,946,000 3,659,041,000 3,582,932,000 3,560,633,000 3,552,800,000 3,546,661,000 3,547,912,000 3,517,146,000 3,519,534,000 3,515,362,000 3,506,972,000 3,493,893,000 3,482,828,000 3,478,153,000 3,469,449,000 3,441,079,000 3,455,129,000 3,451,968,000 3,447,614,000 3,428,340,000 3,425,247,000 3,421,845,000 3,419,528,000 3,404,919,000 3,402,934,000 3,400,964,000 3,395,940,000 3,392,993,000 3,392,322,000 3,387,121,000 3,383,668,000 3,379,156,000 3,376,230,000 3,376,037,000 3,365,750,000 3,360,830,000 3,354,617,000 3,342,357,000 3,320,323,000 3,308,395,000 3,288,863,000 3,277,488,000 3,269,355,000 911,330,000 904,047,000 902,441,000 890,393,000 888,616,000 886,574,000 872,452,000 871,887,000 872,587,000 872,876,000 871,622,000 871,146,000 869,744,000 870,528,000 869,778,000 868,772,000 866,362,000 865,834,000 864,774,000 858,620,000 854,561,000 745,485,000 745,178,000 744,596,000 743,272,000 742,937,000 742,602,000 742,288,000 741,978,000 738,024,000 737,784,000 737,044,000 736,531,000 736,451,000 736,238,000 736,088,000 
      retained earnings
    		14,512,739,000 13,839,880,000 13,364,810,000 13,380,456,000 13,063,403,000 12,329,827,000 12,184,925,000 11,353,101,000 10,778,567,000 10,818,989,000 10,255,401,000 9,836,827,000 9,255,658,000 9,289,820,000 10,278,405,000 10,424,461,000 9,650,355,000 9,503,889,000 8,754,760,000 8,195,182,000 7,377,095,000 6,948,466,000 6,039,474,000 7,457,176,000 6,988,888,000 6,808,201,000 6,338,874,000 5,782,310,000 6,576,562,000 6,184,299,000 5,927,739,000 3,378,524,000 3,666,246,000 3,557,927,000 3,433,891,000 3,355,262,000 3,293,367,000 3,137,285,000 2,753,963,000 2,581,866,000 2,294,909,000 2,197,816,000 2,148,240,000 2,160,060,000 1,957,778,000 1,890,040,000 1,794,387,000 1,761,067,000 1,744,245,000 1,598,968,000 1,553,547,000 1,552,580,000 1,514,398,000 1,362,357,000 1,314,259,000 1,297,901,000 1,330,974,000 1,491,593,000 1,442,355,000 1,417,269,000 1,323,828,000 1,231,475,000 1,110,274,000 1,015,679,000 894,298,000 790,200,000 699,768,000 545,930,000 670,531,000 610,364,000 537,068,000 486,794,000 472,970,000 415,049,000 330,322,000 346,855,000 288,000,000 225,224,000 216,520,000 
      accumulated other comprehensive loss
    		-138,973,000 -180,763,000 -391,126,000 -617,082,000 -193,855,000 -618,355,000 -595,009,000 -478,210,000 -890,833,000 -740,743,000 -609,781,000                                                                     
      total shareholders' equity
    		18,040,712,000 17,318,158,000 17,148,507,000 16,915,898,000 17,014,239,000 15,850,024,000 15,729,719,000 14,983,928,000 13,999,159,000 14,185,499,000 13,744,483,000 13,065,534,000 12,293,923,000 12,756,207,000 14,101,178,000 14,695,048,000 14,016,764,000 13,974,971,000 13,163,944,000 12,799,789,000 11,893,947,000 11,394,553,000 9,720,728,000 11,070,867,000 10,623,454,000 10,396,365,000 9,795,982,000 9,080,653,000 9,783,992,000 9,480,860,000 9,324,211,000 8,908,885,000 8,954,409,000 8,653,200,000 8,527,283,000 8,438,369,000 8,239,116,000 7,834,150,000 7,869,658,000 7,594,818,000 6,673,577,000 6,457,423,000                                      
      noncontrolling interests
    		18,609,000 18,626,000 16,235,000 13,041,000 133,096,000 98,530,000 87,804,000 72,280,000 56,084,000 53,582,000 44,838,000 62,791,000 64,796,000 11,125,000 5,554,000 22,860,000 23,461,000 23,078,000 21,220,000 14,892,000 13,811,000 15,695,000 11,602,000 7,549,000 11,416,000 16,716,000 22,364,000 19,649,000 -3,838,000 -3,446,000 -3,061,000 -2,041,000 -1,893,000 -1,950,000 6,992,000 7,204,000 7,447,000 6,459,000 7,740,000 7,184,000 4,433,000 4,917,000 4,945,000 4,912,000 125,000 73,875,000 65,912,000 65,106,000 64,691,000 16,103,000 16,450,000 18,236,000 17,354,000                           
      total equity
    		18,059,321,000 17,336,784,000 17,164,742,000 16,928,939,000 17,147,335,000 15,948,554,000 15,817,523,000 15,056,208,000 14,055,243,000 14,239,081,000 13,789,321,000 13,128,325,000 12,358,719,000 12,767,332,000 14,106,732,000 14,717,908,000 14,040,225,000 13,998,049,000 13,185,164,000 12,814,681,000 11,907,758,000 11,410,248,000 9,732,330,000 11,078,416,000 10,634,870,000 10,413,081,000 9,818,346,000 9,100,302,000 9,780,154,000 9,477,414,000 9,321,150,000 8,906,844,000 8,952,516,000 8,651,250,000 8,534,275,000 8,445,573,000 8,246,563,000 7,840,609,000 7,877,398,000 7,602,002,000 6,678,010,000 6,462,340,000 6,325,849,000 4,156,421,000 3,655,291,000 3,675,968,000 3,278,092,000 3,348,079,000 3,263,069,000 3,074,160,000 2,866,443,000 2,922,459,000 2,791,714,000                           
      total liabilities and equity
    		67,391,562,000 66,791,177,000 64,599,055,000 61,897,982,000 62,283,238,000 59,709,621,000 57,286,385,000 55,045,710,000 52,748,716,000 52,184,133,000 50,942,261,000 49,791,259,000 48,421,355,000 47,946,773,000 48,985,257,000 48,448,866,000 46,696,436,000 45,641,513,000 43,043,029,000 41,710,054,000 40,170,019,000 39,067,626,000 36,048,787,000 37,473,815,000 37,036,196,000 36,421,584,000 34,736,726,000 33,306,263,000 33,958,305,000 33,247,031,000 32,866,471,000 28,519,411,000 27,203,341,000 26,400,679,000 26,403,645,000 26,335,628,000 25,685,230,000 24,941,271,000 25,253,389,000 25,200,357,000 23,955,511,000 23,808,577,000 23,499,980,000 13,117,991,000 11,965,233,000 11,859,284,000 11,371,754,000 11,464,537,000 11,041,536,000 10,581,122,000 10,324,461,000 10,339,951,000 10,241,896,000                           
      accumulated other comprehensive income
    		           -857,077,000 -1,036,454,000 -603,657,000 -238,567,000 237,617,000 319,389,000 427,223,000 369,679,000 584,376,000 499,714,000 432,351,000 261,726,000 208,772,000 231,632,000 187,200,000 61,168,000 -94,650,000 -184,892,000 -90,560,000 12,804,000 2,151,205,000 1,911,933,000 1,719,236,000 1,727,642,000 1,722,277,000 1,591,132,000 1,354,508,000 1,795,372,000 1,704,557,000 1,089,805,000 982,119,000 903,309,000 1,080,119,000 793,341,000 809,612,000 527,400,000 633,290,000 567,559,000 586,637,000 424,559,000 479,056,000 387,086,000 118,446,000 -5,325,000  111,179,000 127,714,000 303,654,000                     
      fixed maturities, available-for-sale
    		                      10,123,615,000 9,970,909,000 10,204,025,000 10,258,640,000 10,162,419,000 10,043,188,000 9,952,053,000 10,134,073,000 9,904,075,000                                                 
      equity securities, available-for-sale
    		                                                                               
      reinsurance recoverable on unpaid losses
    		                            4,836,271,000 4,739,259,000 4,650,860,000 2,466,554,000 2,007,652,000 1,949,278,000 2,041,928,000 2,038,687,000 2,046,301,000 2,016,665,000 1,949,974,000 1,868,669,000 1,854,414,000 1,910,023,000 1,876,858,000 721,813,000 765,043,000 786,736,000 803,574,000 809,318,000 818,239,000 865,998,000 874,465,000 852,791,000 886,442,000 958,979,000 986,440,000 1,026,858,000 1,157,278,000 1,089,918,000 1,084,971,000 1,072,918,000 1,117,228,000 1,144,956,000 1,159,181,000 1,257,453,000 1,333,244,000 1,462,283,000 1,718,704,000 1,908,123,000 1,418,740,000 1,536,065,000 1,641,276,000 1,618,605,000 1,575,970,000 1,615,752,000 1,503,014,000 1,502,941,000 1,519,687,000 1,513,381,000 1,456,423,000 
      reinsurance recoverable on paid losses
    		                            137,364,000 90,649,000 108,658,000 72,487,000 53,128,000 60,479,000 62,254,000 57,940,000 78,667,000 50,123,000 113,816,000 102,206,000 102,002,000 105,279,000 141,736,000 52,679,000 43,406,000 45,880,000 44,247,000 45,306,000 54,576,000 49,833,000 61,223,000 66,562,000 65,703,000 68,940,000 64,978,000 71,890,000 59,377,000 62,074,000 65,702,000 78,306,000 89,325,000 97,513,000 95,810,000 105,003,000 150,034,000 160,483,000 141,246,000 83,813,000 101,168,000 112,174,000 114,746,000 112,637,000 118,857,000 162,334,000 148,479,000 134,779,000 127,339,000 159,874,000 168,103,000 
      investments, available-for-sale, at estimated fair value:
    		                                                                               
      fixed maturities
    		                               9,919,346,000 10,053,492,000 10,006,519,000 10,318,487,000 10,399,629,000 10,152,405,000 9,394,468,000 9,971,814,000 10,422,882,000 10,142,536,000 10,312,939,000 10,678,463,000 4,809,825,000 5,326,511,000 5,507,664,000 5,576,584,000 5,479,821,000 5,394,007,000 5,515,857,000 5,427,805,000 5,451,154,000 5,112,136,000 4,662,880,000 4,547,167,000 4,592,552,000 4,757,062,000 5,139,980,000 5,229,115,000 5,323,750,000 5,337,556,000 5,070,041,000 5,042,114,000 5,000,969,000 4,825,125,000 4,610,452,000 4,646,449,000 4,566,556,000 4,561,281,000 4,479,158,000 4,477,568,000 4,267,467,000 3,996,111,000 4,096,252,000 3,714,150,000 3,638,516,000 3,515,158,000 2,899,865,000 2,679,849,000 
      short-term investments
    		                               1,995,562,000 1,704,416,000 2,178,035,000 1,989,305,000 1,995,491,000 1,324,393,000 1,642,261,000 1,731,872,000 1,594,849,000 1,452,288,000 1,159,457,000 995,697,000 1,380,318,000 465,734,000 463,694,000 491,756,000 600,361,000 434,546,000 319,598,000 360,869,000 342,002,000 492,581,000 814,934,000 652,246,000 508,834,000 324,468,000 138,126,000 81,184,000 51,552,000 75,492,000 277,449,000 172,508,000 139,499,000 323,771,000 167,607,000 45,923,000 206,322,000 134,530,000 64,163,000 121,714,000 205,533,000 54,349,000 74,222,000 104,033,000 103,555,000 93,353,000 192,071,000 119,643,000 
      shareholders’ equity:
    		                                                                               
      total shareholders’ equity
    		                                          6,320,904,000 4,151,509,000 3,655,166,000 3,602,093,000 3,212,180,000 3,282,973,000 3,198,378,000 3,058,057,000 2,849,993,000 2,904,223,000 2,774,360,000 2,352,425,000 2,180,080,000 2,180,674,000 2,312,681,000 2,489,085,000 2,614,781,000 2,641,162,000 2,562,008,000 2,449,400,000 2,373,054,000 2,296,393,000 1,975,393,000 1,738,099,000 1,705,741,000 1,595,317,000 1,751,303,000 1,628,272,000 1,656,503,000 1,505,950,000 1,432,163,000 1,474,701,000 1,302,045,000 1,329,255,000 1,177,997,000 1,135,106,000 1,127,579,000 
      goodwill and intangible assets
    		                                           1,074,925,000 991,430,000 967,625,000 769,685,000 767,004,000 776,066,000 501,188,000 501,479,000 501,301,000 502,833,000 341,674,000 342,852,000 344,031,000 344,626,000 345,767,000 343,961,000 344,911,000 345,861,000 346,458,000                  
      payables to insurance companies
    		                                           134,405,000 139,858,000 127,913,000 83,401,000 89,545,000 87,849,000 72,629,000 66,837,000 70,551,000 46,853,000 59,731,000 67,182,000 42,399,000 58,852,000 76,909,000 58,243,000 39,790,000 68,102,000 58,685,000 90,398,000 58,880,000 82,850,000 106,920,000 124,051,000 160,909,000 82,417,000 98,621,000 89,636,000 94,654,000 104,253,000 144,828,000 138,033,000 135,217,000 130,686,000 136,715,000 142,274,000 
      investments in affiliates
    		                                                 0 0  43,633,000 97,192,000 94,124,000 93,723,000 92,134,000 85,722,000 85,237,000 81,181,000 77,352,000 76,483,000 75,141,000 73,439,000 73,802,000 71,444,000 69,958,000             
      operating revenues
    		                                                                               
      earned premiums
    		                                                    1,815,835,000   2,022,184,000    2,117,294,000    2,184,381,000       2,053,887,000         
      net investment income
    		                                                    259,809,000   283,738,000    306,458,000    271,016,000       204,032,000         
      net realized investment gains
    		                                                    -96,100,000   -407,594,000    59,504,000    63,608,000       4,139,000         
      other-than-temporary impairment losses
    		                                                    -95,570,000                           
      less other-than-temporary impairment losses recognized in other comprehensive income
    		                                                    5,620,000                           
      other-than-temporary impairment losses recognized in net income
    		                                                    -89,950,000                           
      net realized investment gains, excluding other-than-temporary impairment losses
    		                                                    -6,150,000                           
      other revenues
    		                                                    89,782,000                           
      total operating revenues
    		                                                    2,069,326,000   1,898,328,000    2,483,256,000    2,519,005,000       2,262,058,000         
      operating expenses
    		                                                                               
      losses and loss adjustment expenses
    		                                                    992,863,000   1,269,025,000    1,096,203,000    1,132,579,000       1,308,343,000         
      underwriting, acquisition and insurance expenses
    		                                                    736,660,000   738,546,000    756,699,000    767,853,000       673,450,000         
      amortization of intangible assets
    		                                                    6,698,000   4,383,000    2,145,000                    
      other incomes
    		                                                    80,499,000                           
      total operating expenses
    		                                                    1,816,720,000   2,011,954,000    1,855,047,000    1,900,432,000       1,981,793,000         
      operating income
    		                                                    252,606,000   -113,626,000    628,209,000    618,573,000       280,265,000         
      interest expense
    		                                                    53,969,000   47,390,000    56,251,000    65,172,000       56,220,000         
      income before income taxes
    		                                                    198,637,000   -161,016,000    571,958,000    553,401,000       224,045,000         
      income tax benefit
    		                                                    -3,782,000   -102,249,000                        
      net income
    		                                                    202,419,000   -58,767,000    405,669,000    392,502,000       165,412,000         
      less net income attributable to noncontrolling interests
    		                                                    781,000                           
      net income to shareholders
    		                                                    201,638,000                           
      other comprehensive income
    		                                                                               
      change in net unrealized gains on investments, net of taxes:
    		                                                                               
      net holding gains arising during the period
    		                                                    326,959,000   -594,767,000    -33,638,000    201,318,000       108,945,000         
      unrealized other-than-temporary impairment losses on fixed maturities arising during the period
    		                                                    -5,405,000                           
      reclassification adjustments for net gains included in net income
    		                                                    52,883,000                           
      change in net unrealized gains on investments, net of taxes
    		                                                    374,437,000                           
      change in currency translation adjustments, net of taxes
    		                                                    19,239,000                           
      change in net actuarial pension loss, net of taxes
    		                                                    -4,268,000   -6,740,000    1,546,000                    
      total other comprehensive income
    		                                                    389,408,000   -344,502,000    -68,622,000    133,280,000       107,265,000         
      comprehensive income
    		                                                    591,827,000   -403,269,000    337,047,000    525,782,000       272,677,000         
      less comprehensive income attributable to noncontrolling interests
    		                                                    832,000                           
      comprehensive income to shareholders
    		                                                    590,995,000                           
      net income per share
    		                                                                               
      basic
    		                                                    20,540   -5,950    40,730    40,430       16,790         
      diluted
    		                                                    20,520   -5,950    40,640    39,400       16,410         
      liabilities and shareholders’ equity
    		                                                                               
      senior long-term debt
    		                                                     738,754,000 738,631,000 688,509,000 588,386,000 588,264,000 681,043,000 680,698,000 680,353,000 752,987,000 752,482,000 751,978,000 751,473,000 607,536,000 607,044,000 608,448,000 611,257,000 610,758,000 610,260,000 609,761,000 522,455,000 521,983,000      
      total liabilities and shareholders’ equity
    		                                                     9,711,499,000 9,395,753,000 9,477,690,000 9,931,115,000 10,043,763,000 10,155,623,000 10,134,419,000 10,229,608,000 10,197,182,000 9,969,557,000 10,088,131,000 9,982,296,000 9,686,223,000 9,725,286,000 9,901,010,000 9,272,419,000 9,232,235,000 9,397,586,000 9,094,503,000 8,682,464,000 8,753,729,000 8,061,412,000 7,876,613,000 7,504,808,000 7,022,361,000 6,783,836,000 
      accumulated other comprehensive income:
    		                                                                               
      net unrealized holding gains on investments, net of taxes of 31,075 in 2008 and 208,751 in 2007
    		                                                       58,652,000                        
      cumulative translation adjustments, net of tax benefit of 8,300 in 2008 and 4,050 in 2007
    		                                                       -15,416,000                        
      net actuarial pension loss, net of tax benefit of 16,266 in 2008 and 12,636 in 2007
    		                                                       -30,207,000                        
      net unrealized gains on investments, net of taxes:
    		                                                                               
      less reclassification adjustments for net gains included in net income
    		                                                       264,898,000    -40,323,000    -41,345,000       -2,690,000         
      net unrealized gains
    		                                                       -329,869,000    -73,961,000    159,973,000       106,255,000         
      currency translation adjustments, net of taxes
    		                                                       -7,893,000    3,793,000    -1,680,000       1,010,000         
      junior subordinated deferrable interest debentures
    		                                                               106,379,000 106,379,000  138,621,000 141,045,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000      
      net unrealized holding gains on investments, net of taxes of 208,751 in 2007 and 249,029 in 2006
    		                                                           388,521,000                    
      cumulative translation adjustments, net of tax benefit of 4,050 in 2007 and 6,094 in 2006
    		                                                           -7,523,000                    
      net actuarial pension loss, net of tax benefit of 12,636 in 2007 and 13,469 in 2006
    		                                                           -23,467,000                    
      income tax expense
    		                                                           166,289,000    160,899,000       58,633,000         
      net unrealized holding gains on investments, net of taxes of 216,980 in 2007 and 249,029 in 2006
    		                                                            403,366,000                   
      cumulative translation adjustments, net of tax benefit of 3,740 in 2007 and 6,094 in 2006
    		                                                            -6,947,000                   
      net actuarial pension loss, net of tax benefit of 12,962 in 2007 and 13,469 in 2006
    		                                                            -24,073,000                   
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 208,324 in 2007 and 249,029 in 2006
    		                                                             387,200,000                  
      cumulative translation adjustments, net of tax benefit of 5,199 in 2007 and 6,094 in 2006
    		                                                             -9,655,000                  
      net actuarial pension loss, net of tax benefit of 13,135 in 2007 and 13,469 in 2006
    		                                                             -24,394,000                  
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 236,553 in 2007 and 249,029 in 2006
    		                                                              439,899,000                 
      cumulative translation adjustments, net of tax benefit of 5,941 in 2007 and 6,094 in 2006
    		                                                              -11,029,000                 
      net actuarial pension loss, net of tax benefit of 13,305 in 2007 and 13,469 in 2006
    		                                                              -24,710,000                 
      convertible notes payable
    		                                                                101,090,000 100,028,000 99,263,000 97,859,000 96,834,000 95,823,000 94,817,000 93,829,000 92,846,000 91,750,000 89,466,000 88,333,000 87,218,000 85,011,000 83,919,000 
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 249,029 in 2006 and 162,889 in 2005
    		                                                               462,482,000                
      cumulative translation adjustments, net of tax benefit of 6,094 in 2006 and 5,189 in 2005
    		                                                               -11,316,000                
      net actuarial pension loss, net of tax benefit of 13,469 in 2006
    		                                                               -25,013,000                
      net unrealized gains on securities, net of taxes:
    		                                                                               
      net actuarial pension loss, net of taxes
    		                                                               -25,013,000                
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 185,470 in 2006 and 162,889 in 2005
    		                                                                344,444,000               
      cumulative translation adjustments, net of tax benefit of 4,756 in 2006 and 5,189 in 2005
    		                                                                -8,834,000               
      junior subordinated deferrable interest debentures (estimated fair value of 127,000 in
    		                                                                               
      2006 and 150,000 in 2005)
    		                                                                 120,066,000              
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 113,939 in 2006 and 162,889 in 2005
    		                                                                 211,603,000              
      cumulative translation adjustments, net of tax benefit of 4,783 in 2006 and 5,189 in 2005
    		                                                                 -8,882,000              
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 145,042 in 2006 and 162,889 in 2005
    		                                                                  269,363,000             
      cumulative translation adjustments, net of tax benefit of 4,300 in 2006 and 5,189 in 2005
    		                                                                  -7,986,000             
      total investments, available-for-sale
    		                                                                   6,158,246,000 6,051,419,000 5,851,870,000 5,937,808,000 5,561,883,000 5,118,516,000 5,225,619,000 4,623,251,000 4,471,309,000 4,171,838,000 3,606,292,000 3,341,066,000 
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 170,552 in 2005 and 203,041 in 2004
    		                                                                   316,740,000            
      cumulative translation adjustments, net of tax benefit of 5,720 in 2005 and tax expense of 39 in 2004
    		                                                                   -10,625,000            
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 188,089 in 2005 and 203,041 in 2004
    		                                                                    349,309,000           
      cumulative translation adjustments, net of tax benefit of 6,178 in 2005 and tax expense of 39 in 2004
    		                                                                    -11,474,000           
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 154,348 in 2005 and 203,041 in 2004
    		                                                                     286,649,000          
      cumulative translation adjustments, net of tax benefit of 6,108 in 2005 and tax expense of 39 in 2004
    		                                                                     -11,343,000          
      investments, available-for-sale, at estimated fair value
    		                                                                               
      shareholders’ equity
    		                                                                               
      net unrealized holding gains on fixed maturities and equity securities, net of taxes of 203,041 in 2004 and 145,826 in 2003
    		                                                                      377,074,000         
      cumulative translation adjustments, net of tax expense of 39 in 2004 and tax benefit of 505 in 2003
    		                                                                      73,000         
      net unrealized gains on securities, net of taxes
    		                                                                               
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 150,293 in 2004 and 145,826 in 2003
    		                                                                       279,115,000        
      cumulative translation adjustments, net of tax benefit of 1,043 in 2004 and 505 in 2003
    		                                                                       -1,937,000        
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 119,979 in 2004 and 145,826 in 2003
    		                                                                        222,817,000       
      cumulative translation adjustments, net of tax benefit of 888 in 2004 and 505 in 2003
    		                                                                        -1,648,000       
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 174,391 in 2004 and 145,826 in 2003
    		                                                                         323,868,000      
      cumulative translation adjustments, net of tax benefit of 1,077 in 2004 and 505 in 2003
    		                                                                         -2,000,000      
      long-term debt
    		                                                                          478,049,000 477,571,000 427,831,000 298,980,000 298,576,000 
      company-obligated mandatorily redeemable preferred capital securities of subsidiary trust holding solely junior subordinated deferrable interest debentures of markel corporation
    		                                                                          150,000,000 150,000,000  150,000,000 150,000,000 
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 128,464 in 2003 and 96,476 in 2002
    		                                                                          238,577,000     
      cumulative translation adjustments, net of tax benefit of 2,099 in 2003 and 4,239 in 2002
    		                                                                          -3,898,000     
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 133,009 in 2003 and 96,476 in 2002
    		                                                                           247,017,000    
      cumulative translation adjustments, net of tax benefit of 618 in 2003 and 4,239 in 2002
    		                                                                           -1,148,000    
      company-obligated mandatorily redeemable preferred capital securities of subsidiary
    		                                                                               
      trust holding solely junior subordinated deferrable interest debentures of markel corporation
    		                                                                            150,000,000   
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 85,850 in 2003 and 96,476 in 2002
    		                                                                            159,435,000   
      cumulative translation adjustments, net of tax benefit of 3,171 in 2003 and 4,239 in 2002
    		                                                                            -5,889,000   
      accrued premium income
    		                                                                              192,897,000 
      net unrealized holding gains on fixed maturities and equity securities, net of tax expense of 92,791 in 2002 and 93,653 in 2001
    		                                                                              172,327,000 
      cumulative translation adjustments, net of tax expense of 1,424 in 2002 and tax benefit of 345 in 2001
    		                                                                              2,644,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.