XML 154 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Realized And Unrealized Investment Gains (Losses)
6 Months Ended
Jun. 30, 2013
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized and Unrealized Investment Gains (Losses)
Realized and Unrealized Investment Gains and Losses

 Realized and unrealized investment gains and losses are as follows:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
(In thousands)
2013
 
2012
 
2013
 
2012
Realized investment gains and losses:
 
 
 
 
 

 
 

Fixed maturity securities:
 
 
 
 
 

 
 

Gains
$
9,147

 
$
5,652

 
$
20,143

 
$
20,607

Losses
(5,500
)
 
(1,763
)
 
(11,466
)
 
(2,306
)
Equity securities available for sale
18,086

 
18,188

 
33,331

 
44,426

Investment funds
10,843

 
2,191

 
11,037

 
3,501

Other
482

 
18

 
(18
)
 
1,535

    Total
33,058

 
24,286

 
53,027

 
67,763

 
 
 
 
 
 
 
 
Change in valuation allowance, net other-than-temporary impairments:
 
 
 
 
 
 
 
Decrease in valuation allowance

 

 

 
6,998

 Other-than-temporary impairments

 

 

 
(2,984
)
    Total

 

 

 
4,014

 
 
 
 
 
 
 
 
Net investment gains
33,058

 
24,286

 
53,027

 
71,777

Income tax expense
(11,570
)
 
(8,436
)
 
(18,559
)
 
(24,845
)
    Total after-tax investment gains
$
21,488

 
$
15,850

 
$
34,468

 
$
46,932


Change in unrealized investment gains and losses:
 
 
 
 
 

 
 

Fixed maturity securities
$
(277,791
)
 
$
71,138

 
$
(293,380
)
 
$
90,560

Previously impaired fixed maturity securities
(590
)
 
190

 
522

 
1,933

Equity securities available for sale
(16,191
)
 
(8,518
)
 
8,370

 
3,077

Investment funds
(5,906
)
 
(2,651
)
 
(9,174
)
 
(974
)
Total change in unrealized investment gains and losses
(300,478
)
 
60,159

 
(293,662
)
 
94,596

Income tax benefit (expense)
103,418

 
(20,624
)
 
104,412

 
(33,037
)
Noncontrolling interests
35

 
(5
)
 
(5
)
 
(28
)
    Total after-tax unrealized gains and losses
$
(197,025
)
 
$
39,530

 
$
(189,255
)
 
$
61,531