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Tower Group International, Ltd. (TWGP)

Balance Sheet

Standardized | As Reported Annual | Quarterly
  Older >>
In millions, except per share itemsDec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06
   10-Q/A10-K10-K/A10-K/A10-K10-K10-K10-K
Assets          
Available-for-sale investments, at fair value:          
    Fixed-maturity securities  1,642.72,344.72,453.72,382.61,783.6   
   
    Equity securities          
    Short-term investments          
    Total investments  1,851.42,553.52,587.42,474.5    
    Cash and cash equivalents  293.983.8114.1140.2164.9136.377.7100.6
    Investment income receivable  17.525.326.823.920.2   
    Premiums receivable  309.5412.0416.4407.6308.1   
    Reinsurance recoverable on paid losses  69.017.623.518.214.8   
    Reinsurance recoverable on unpaid losses  570.9459.5292.2282.7199.7   
    Prepaid reinsurance premiums  186.563.954.077.694.8   
    Deferred acquisition costs, net  95.1181.2168.9     
    Intangible assets  79.9106.8114.9123.853.420.521.75.4
    Funds held by reinsured companies  98.8137.569.8     
    Other assets  383.1358.0308.1230.8103.242.235.017.3
        Total assets  3,955.54,712.54,417.54,188.93,313.01,538.41,355.6954.1
   
Liabilities          
Loss and loss adjustment expenses  2,081.31,895.71,632.11,610.4    
Unearned premium  763.1921.3893.2872.0658.9   
Reinsurance balances payable  89.841.320.835.089.1   
Funds held under reinsurance agreements  222.298.696.793.213.7   
Other liabilities  286.2297.0289.4143.8133.6  21.1
   
Deferred income taxes          
Debt  382.8449.7426.9374.3235.1   
    Total liabilities  3,854.83,728.33,380.33,141.82,262.51,203.21,046.3730.2
   
Contingencies (Note 16)          
Shareholders' equity          
Common stock ($0.01 par value; 150  0.60.50.50.50.50.20.20.2
Treasury stock (139,568 and 55,471 shares)  0.0-181.4-158.2-91.8-2.0-1.0-0.5-0.2
Paid-in-capital  815.1780.01,545.8763.1751.9208.1205.4113.2
Accumulated other comprehensive loss  -19.5171.463.148.334.6-37.5  
Retained earnings (accumulated deficit)  -700.6268.2331.5322.9265.6165.4112.571.6
    Tower Group International, Ltd. shareholders' equity (deficit)  95.6950.11,009.81,043.01,050.5335.2309.4223.9
Noncontrolling interests  5.234.227.44.2    
    Total shareholders' equity (deficit)  100.7984.21,037.11,047.21,050.5   
    Total liabilities and shareholders' equity (deficit)  3,955.54,712.54,417.54,188.93,313.01,538.41,355.6954.1

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