Realized And Unrealized Investment Gains (Losses) (Tables)

9 Months Ended

Sep. 30, 2014

Realized and Unrealized Investment Gains (Losses) [Abstract]

Realized and Unrealized Investment Gains (Losses)

Realized and unrealized investment gains (losses) are as follows:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
(In thousands)	2014			2013			2014			2013
Realized investment gains (losses):
Fixed maturity securities:
Gains	$	13,803		$	19,500		$	17,263		$	39,643
Losses	(2,208		)	(739		)	(3,727		)	(12,205		)
Equity securities available for sale	9,729			25,158			39,310			58,489
Investment funds	50,919			(34		)	95,675			11,003
Real estate	15			—			85,659			—
Other	—			(16		)	—			(34		)
Total	72,258			43,869			234,180			96,896
Income tax expense	(25,290		)	(15,355		)	(81,963		)	(33,914		)
Total after-tax realized investment gains	$	46,968		$	28,514		$	152,217		$	62,982

Unrealized Gain (Loss) on Investments

Change in unrealized investment gains (losses):
Fixed maturity securities	$	10,722		$	(46,004	)	$	190,242		$	(339,384	)
Previously impaired fixed maturity securities	188			299			941			821
Equity securities available for sale	(27,548		)	(13,984		)	(19,215		)	(5,614		)
Investment funds	(8,391		)	3,926			(8,317		)	(5,248		)
Total change in unrealized investment gains (losses)	(25,029		)	(55,763		)	163,651			(349,425		)
Income tax benefit (expense)	12,117			16,884			(55,419		)	121,296
Noncontrolling interests	(82		)	(9		)	(119		)	(14		)
Total after-tax unrealized gains (losses)	$	(12,994	)	$	(38,888	)	$	108,113		$	(228,143	)