Realized And Unrealized Investment Gains and Losses (Tables)

12 Months Ended

Dec. 31, 2013

Realized and unrealized investment gains and losses are as follows:



(In thousands)	2013			2012			2011
Realized investment gains and losses:
Fixed maturity securities:
Gains	$	48,860		$	34,295		$	37,595
Losses	(14,670		)	(6,436		)	(5,499		)
Equity securities available for sale	70,235			97,300			90,023
Investment funds	10,976			74,777			3,762
Other gains	12,185			1,515			—
Net realized gains on investments sales	127,586			201,451			125,881

Net other-than-temporary impairments:
Other-than-temporary impairments	(6,042		)	(4,984		)	(400		)
Decrease in valuation allowance	—			13,998			—
Net other-than-temporary impairments	(6,042		)	9,014			(400		)

Total net investment gains	121,544			210,465			125,481
Income tax expense	(47,426		)	(73,663		)	(43,834		)
	$	74,118		$	136,802		$	81,647



Change in unrealized gains and losses of available for sales securities:
Fixed maturity securities	$	(401,812	)	$	162,220		$	209,467
Previously impaired fixed maturity securities	1,076			4,631			(3,604		)
Equity securities available for sale	11,864			(33,199		)	(55,772		)
Investment funds	(10,250		)	1,630			(2,093		)
Total change in unrealized gains	(399,122		)	135,282			147,998
Income tax expense	138,058			(47,966		)	(52,381		)
Noncontrolling interests	(28		)	(77		)	55
	$	(261,092	)	$	87,239		$	95,672