Realized And Unrealized Investment Gains (Losses) (Tables)

9 Months Ended

Sep. 30, 2012

Realized and Unrealized Investment Gains (Losses) [Abstract]

Realized and Unrealized Investment Gains (Losses)

Realized and unrealized investment gains are as follows:

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2012			2011			2012			2011
Realized investment gains:
Fixed maturity securities:
Gains	$	4,439		$	10,212		$	25,046		$	25,049
Losses	(1,937		)	(2,207		)	(4,243		)	(4,716		)
Equity securities available for sale	14,447			12,318			58,873			50,539
Other	—			—			1,535			—
Sales of investment funds	277			915			3,778			2,940
Change in valuation allowance, net of other-than -temporary impairments (1)	5,000			—			9,014			(400		)
Total net investment gains before income taxes	22,226			21,238			94,003			73,412
Income tax expense	(7,415		)	(7,454		)	(32,260		)	(26,502		)
Total net investment gains	$	14,811		$	13,784		$	61,743		$	46,910

Change In Unrealized Gains (Losses) Of Available For Sales Securities

Change in unrealized gains of available for sale securities:
Fixed maturity securities	$	96,077		$	115,933		$	186,637		$	187,851
Less non-credit portion of OTTI recognized in other comprehensive income	2,483			(1,300		)	4,416			(1,956		)
Equity securities available for sale	(2,891		)	(65,861		)	186			(59,760		)
Investment funds	4,255			(9,257		)	3,281			(5,067		)
Total change in unrealized gains before income taxes and noncontrolling interests	99,924			39,515			194,520			121,068
Income tax expense	(34,963		)	(14,268		)	(68,000		)	(42,893		)
Noncontrolling interests	(43		)	1			(71		)	(11		)
Total change in net unrealized gains	$	64,918		$	25,248		$	126,449		$	78,164