| Assets |
| Short Term Investments |
1.86B |
| Fixed Maturities |
| Tax Exempt (cost $19,216 and $19,072) |
| Taxable (cost $16,440 and $15,989) |
| Equity Securities (cost $1,292 and $1,285) |
1.85B |
| Other Invested Assets |
1.89B |
| TOTAL INVESTED ASSETS |
43.81B |
| Cash |
55M |
| Accrued Investment Income |
429M |
| Premiums Receivable |
2.18B |
| Reinsurance Recoverable on Unpaid Losses and Loss Expenses |
1.93B |
| Prepaid Reinsurance Premiums |
336M |
| Deferred Policy Acquisition Costs |
1.24B |
| Deferred Income Tax |
| Goodwill |
467M |
| Other Assets |
1.65B |
| TOTAL ASSETS |
52.09B |
| Liabilities |
| Unpaid Losses and Loss Expenses |
23.6B |
| Unearned Premiums |
6.38B |
| Long Term Debt |
3.58B |
| Dividend Payable to Shareholders |
115M |
| Deferred Income Tax |
| Accrued Expenses and Other Liabilities |
2.18B |
| TOTAL LIABILITIES |
36.07B |
| Contingent Liabilities (Note 6) |
| Shareholders' Equity |
| Common Stock - $1 Par Value; 371,980,460 Shares |
372M |
| Paid-In Surplus |
105M |
| Retained Earnings |
20.55B |
| Accumulated Other Comprehensive Income |
1.4B |
| Treasury Stock, at Cost - 86,055,742 and 74,707,547 Shares |
-6.41B |
| TOTAL SHAREHOLDERS' EQUITY |
16.02B |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
52.09B |
