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

12 Months Ended

Dec. 31, 2014

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, 2014

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	$	221,052	$	231,038	$	231,038
State, municipalities and political subdivisions		783,129		824,472		824,472
Foreign government securities		1,488,144		1,532,455		1,532,455
Foreign corporate securities		2,980,716		3,037,315		3,037,315
Public utilities		227,042		239,627		239,627
All other corporate bonds		4,715,726		4,783,608		4,783,608
Mortgage - backed securities:
Commercial		231,439		241,685		241,685
Agency residential		2,157,182		2,183,164		2,183,164
Non-agency residential		2,734		2,731		2,731
Redeemable preferred stock		23,995		24,972		24,972
Total fixed maturities-available for sale		12,831,159		13,101,067		13,101,067
Fixed maturities - available for sale at fair value (1)		2,143		1,509		1,509
Equity securities - available for sale at market value		148,326		140,210		140,210
Equity securities - available for sale at fair value (1)		1,082,281		1,447,820		1,447,820
Short-term investments		1,705,932		1,705,932		1,705,932
Other invested assets		601,925		601,925		601,925
Cash		437,474		437,474		437,474

Total investments and cash	$	16,809,240	$	17,435,937	$	17,435,937

(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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