Schedule I - Summary Of Investments - Other Than Investments In Related Parties

12 Months Ended

Dec. 31, 2012

Schedule I - Summary Of Investments - Other Than Investments In Related Parties [Abstract]

Schedule I - Summary Of Investments - Other Than Investments In Related Parties


SCHEDULE I — SUMMARY OF INVESTMENTS —
OTHER THAN INVESTMENTS IN RELATED PARTIES
December 31, 2012

Column A	Column B		Column C		Column D
					Amount
					Shown in
			Market		Balance
(Dollars in thousands)	Cost		Value		Sheet
Fixed maturities-available for sale
Bonds:
U.S. government and government agencies	$	302,050	$	312,122	$	312,122
State, municipalities and political subdivisions		1,214,990		1,291,963		1,291,963
Foreign government securities		1,785,738		1,912,228		1,912,228
Foreign corporate securities		2,783,580		2,933,174		2,933,174
Public utilities		324,999		353,657		353,657
All other corporate bonds		3,612,571		3,830,389		3,830,389
Mortgage - backed securities:
Commercial		294,596		320,088		320,088
Agency residential		2,091,672		2,152,135		2,152,135
Non-agency residential		7,660		8,049		8,049
Redeemable preferred stock		27,024		27,852		27,852
Total fixed maturities-available for sale		12,444,880		13,141,657		13,141,657
Fixed maturities - available for sale at fair value (1)		41,068		41,470		41,470
Equity securities - available for sale at market value		131,630		143,493		143,493
Equity securities - available for sale at fair value (1)		1,080,870		1,255,557		1,255,557
Short-term investments		860,379		860,379		860,379
Other invested assets		596,590		596,590		596,590
Cash		537,050		537,050		537,050

Total investments and cash	$	15,692,467	$	16,576,196	$	16,576,196

(1) Original cost does not reflect fair value adjustments, which have been realized through the statements of operations and comprehensive income (loss).

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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