| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Fixed maturities - available for sale, at fair value (amortized cost: 2025, $34,620; 2024, $29,934, credit allowances: 2025, $(68); 2024, $(36)) | $34.57B+19.6% | $28.91B+4.2% | $27.74B+24.8% | $22.24B | — | — | — | — |
| Fixed maturities - held to maturity, at amortized cost (fair value: 2025, $576; 2024, $759, net of credit allowances: 2025, $(6); 2024, $(8)) | $567.0M-25.1% | $757.0M-11.5% | $855.0M+1.9% | $839.0M | — | — | — | — |
| Equity securities, at fair value | $180.0M-17.1% | $217.0M+15.4% | $188.0M-33.1% | $281.0M-84.6% | $1.83B+24.0% | $1.47B+58.1% | $931.5M+30.0% | $716.6M |
| Other invested assets | $5.80B+7.5% | $5.39B+12.5% | $4.79B+17.4% | $4.08B+39.9% | $2.92B+45.1% | $2.01B+14.1% | $1.76B+10.8% | $1.59B |
| Short-term investments | $2.99B-36.4% | $4.71B+121.3% | $2.13B+106.1% | $1.03B-12.4% | $1.18B+3.8% | $1.13B+173.7% | $414.7M+72.1% | $241.0M |
| Cash | $1.32B-14.9% | $1.55B+7.8% | $1.44B+2.8% | $1.40B-3.0% | $1.44B+79.8% | $801.7M-0.8% | $808.0M+23.2% | $656.1M |
| Total investments and cash | $45.43B+9.4% | $41.53B+11.8% | $37.14B+24.3% | $29.87B+0.7% | $29.67B+16.5% | $25.46B+22.7% | $20.75B+12.6% | $18.43B |
| Accrued investment income | $436.0M+18.5% | $368.0M+13.6% | $324.0M+49.3% | $217.0M+45.6% | $149.0M+5.4% | $141.3M+21.0% | $116.8M+11.6% | $104.6M |
| Premiums receivable (net of credit allowances: 2025, $(94); 2024, $(54)) | $5.73B+6.5% | $5.38B+12.8% | $4.77B+31.7% | $3.62B+9.9% | $3.29B+22.9% | $2.68B+18.7% | $2.26B+3.5% | $2.18B |
| Reinsurance paid loss recoverables (net of credit allowances: 2025, $(57); 2024, $(41)) | $142.0M-31.4% | $207.0M+26.2% | $164.0M+20.6% | $136.0M+27.1% | $107.0M-94.6% | $1.99B+13.1% | $1.76B-1.4% | $1.79B |
| Reinsurance unpaid loss recoverables | $4.97B+70.4% | $2.92B+38.9% | $2.10B-0.3% | $2.10B+8.2% | $1.95B | — | — | — |
| Funds held by reinsureds | $1.33B+8.9% | $1.22B+7.3% | $1.14B+7.5% | $1.06B+21.5% | $869.0M+21.3% | $716.7M+46.3% | $489.9M+12.6% | $435.0M |
| Deferred acquisition costs | $1.55B+5.8% | $1.46B+17.2% | $1.25B+29.6% | $962.0M+10.3% | $872.0M+40.2% | $622.1M+6.9% | $581.9M+13.7% | $511.6M |
| Prepaid reinsurance premiums | $653.0M-24.9% | $869.0M+21.9% | $713.0M+16.9% | $610.0M+18.4% | $515.0M+25.0% | $412.0M-7.6% | $445.7M+29.8% | $343.3M |
| Income tax asset, net | $915.0M-25.2% | $1.22B+40.9% | $868.0M+89.1% | $459.0M+22850.0% | $2.0M | — | — | — |
| Other assets (net of credit allowances: 2025, $(17); 2024, $(9)) | $1.37B+17.2% | $1.17B+24.4% | $941.0M+1.2% | $930.0M+22.9% | $757.0M+13.7% | $665.5M+8.6% | $613.0M+71.2% | $358.0M |
| TOTAL ASSETS | $62.51B+11.0% | $56.34B+14.1% | $49.40B+23.6% | $39.97B+4.7% | $38.19B+16.7% | $32.71B+19.7% | $27.32B+10.4% | $24.75B |
| Reserve for losses and loss adjustment expenses | $34.31B+14.8% | $29.89B+21.5% | $24.60B+11.5% | $22.07B+16.1% | $19.01B+16.5% | $16.32B+19.9% | $13.61B+3.8% | $13.12B |
| Unearned premium reserve | $7.28B-0.7% | $7.32B+10.6% | $6.62B+28.7% | $5.15B+11.6% | $4.61B+31.7% | $3.50B+14.5% | $3.06B+21.4% | $2.52B |
| Funds held under reinsurance treaties | $267.0M+888.9% | $27.0M+12.5% | $24.0M+84.6% | $13.0M-27.8% | $18.0M+13.9% | $15.8M+48.2% | $10.7M-18.6% | $13.1M |
| Amounts due to reinsurers | $642.0M-8.4% | $701.0M+7.8% | $650.0M+14.6% | $567.0M+26.0% | $450.0M+52.9% | $294.3M+0.9% | $291.7M+33.5% | $218.4M |
| Losses in course of payment | $151.0M-37.3% | $241.0M+40.9% | $171.0M+131.1% | $74.0M-71.6% | $261.0M+104.0% | $128.0M+146.3% | $52.0M | — |
| Senior notes | $2.35B+0.1% | $2.35B+0.0% | $2.35B+0.1% | $2.35B+0.0% | $2.35B+139.5% | $979.5M+146.7% | $397.1M+0.0% | $397.0M |
| Long-term notes | $218.0M+0.0% | $218.0M+0.0% | $218.0M+0.0% | $218.0M-2.7% | $224.0M+0.1% | $223.7M-5.5% | $236.8M+0.0% | $236.7M |
| Borrowings from FHLB | $1.02B+0.0% | $1.02B+24.4% | $819.0M+57.8% | $519.0M+0.0% | $519.0M+67.4% | $310.0M | — | — |
| Accrued interest on debt and borrowings | $21.0M-4.5% | $22.0M+0.0% | $22.0M+15.8% | $19.0M+11.8% | $17.0M+62.5% | $10.5M+263.4% | $2.9M-7.0% | $3.1M |
| Unsettled securities payable | $0-100.0% | $84.0M-38.7% | $137.0M+13600.0% | $1.0M-94.1% | $17.0M-91.8% | $206.7M+574.4% | $30.6M-40.0% | $51.1M |
| Other liabilities | $797.0M+35.1% | $590.0M+1.4% | $582.0M+4.9% | $555.0M+2.8% | $540.0M-3.3% | $558.4M+21.7% | $458.8M+141.6% | $189.9M |
| TOTAL LIABILITIES | $47.05B+10.8% | $42.47B+17.3% | $36.20B+14.8% | $31.52B+12.4% | $28.05B+22.0% | $22.99B+26.4% | $18.19B+7.7% | $16.89B |
| Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding | $0 | $0 | $0 | $0 | — | — | — | — |
| Common shares, par value: $0.01; 200.0 shares authorized; 74.4 (2025) and 74.3 (2024) outstanding before treasury shares | $1.0M+0.0% | $1.0M+0.0% | $1.0M+0.0% | $1.0M+0.0% | $1.0M+43.7% | $696K+0.3% | $694K+0.3% | $692K |
| Additional paid-in capital | $3.85B+1.0% | $3.81B+1.0% | $3.77B+63.9% | $2.30B+1.2% | $2.27B+1.3% | $2.25B+1.2% | $2.22B+1.4% | $2.19B |
| Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(23) at 2025 and $(177) at 2024 | -$52.0M+95.4% | -$1.14B-21.8% | -$934.0M+53.2% | -$2.00B-16733.3% | $12.0M-97.8% | $534.9M+1800.0% | $28.2M+106.1% | -$462.6M |
| Treasury shares, at cost: 33.7 shares (2025) and 31.3 shares (2024) | -$4.91B-19.4% | -$4.11B-5.1% | -$3.91B+0.0% | -$3.91B | — | — | — | — |
| Retained earnings | $16.57B+8.2% | $15.31B+7.3% | $14.27B+18.5% | $12.04B+2.9% | $11.70B+10.7% | $10.57B+2.5% | $10.31B+8.1% | $9.53B |
| Total shareholders' equity | $15.46B+11.4% | $13.88B+5.1% | $13.20B+56.4% | $8.44B-16.7% | $10.14B+4.2% | $9.73B+6.5% | $9.13B+16.2% | $7.86B |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $62.51B+11.0% | $56.34B+14.1% | $49.40B+23.6% | $39.97B+4.7% | $38.19B+16.7% | $32.71B+19.7% | $27.32B+10.4% | $24.75B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.