| Assets |
| Investments |
| Cash and cash equivalents |
264.85M |
| Investment income receivable |
9.69M |
| Premiums receivable |
266.72M |
| Reinsurance recoverable on paid losses |
51.28M |
| Reinsurance recoverable on unpaid losses |
455.47M |
| Prepaid reinsurance premiums |
462.69M |
| Deferred acquisition costs, net |
| Deferred income taxes |
| Intangible assets |
79.43M |
| Goodwill |
| Other assets |
265.86M |
| Total assets |
3.45B |
| Available-for-sale investments, at fair value: |
| Fixed-maturity securities |
1.43B |
| Liabilities |
| Loss and loss adjustment expenses |
1.99B |
| Unearned premium |
641.26M |
| Reinsurance balances payable |
157.65M |
| Funds held under reinsurance agreements |
82.02M |
| Other liabilities |
189.39M |
| Deferred income taxes |
| Debt |
384.37M |
| Total liabilities |
3.47B |
| Contingencies (Note 13) |
0 |
| Stockholders' equity |
| Common stock ($0.01 par value; 100,000,000 shares authorized, 46,398,451 and 45,742,342 shares issued, and 41,231,039 and 41,485,678 shares outstanding) |
574K |
| Treasury stock (5,167,412 and 4,256,664 shares) |
-88K |
| Paid-in-capital |
815.1M |
| Accumulated other comprehensive income |
-30.74M |
| Retained earnings |
-795.82M |
| Tower Group, Inc. stockholders' equity |
-10.97M |
| Noncontrolling interests - Reciprocal Exchanges |
-9.58M |
| Total stockholders' equity |
-20.56M |
| Total liabilities and stockholders' equity |
3.45B |
| Tower |
| Assets |
| Investments |
| Available-for-sale investments, at fair value: |
| Fixed-maturity securities |
1.2B |
| Equity securities |
12.79M |
| Short-term investments (cost of $4,998 and $1,560) |
| Liabilities |
| Loss and loss adjustment expenses |
1.89B |
| Reciprocal Exchanges |
| Assets |
| Investments |
| Cash and cash equivalents |
17.37M |
| Investment income receivable |
1.98M |
| Premiums receivable |
43.13M |
| Reinsurance recoverable on paid losses |
2.86M |
| Reinsurance recoverable on unpaid losses |
14.26M |
| Prepaid reinsurance premiums |
22.5M |
| Deferred acquisition costs, net |
| Deferred income taxes |
| Intangible assets |
6.1M |
| Other assets |
1.31M |
| Available-for-sale investments, at fair value: |
| Fixed-maturity securities |
231.04M |
| Equity securities |
2.77M |
| Liabilities |
| Loss and loss adjustment expenses |
100.26M |
| Unearned premium |
107.48M |
| Reinsurance balances payable |
5.56M |
| Other liabilities |
19.4M |
| Deferred income taxes |
