XML 35 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENT OPERATIONS (Details 2) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost $ 24,755,000 $ 24,104,126
Gross Unrealized Gains 1,796,695 3,251,213
Gross Unrealized Losses (521,392) (140,657)
Fair Value 26,030,303 27,214,682
Total OTTI Recognized in OCI (2,182) (6,135)
Amortized cost and fair value of the Company's investments classified as held-to-maturity    
Fair Value 341,797 319,163
Trading securities 2,900,000  
Amortized Cost, Available-for-sale    
Due in one year or less 554,916  
Due after one year through five years 3,227,348  
Due after five years through ten years 7,548,558  
Due after ten years 12,890,835  
Total 24,221,657  
Fair Value, Available-for-sale    
Due in one year or less 569,362  
Due after one year through five years 3,508,934  
Due after five years through ten years 7,870,781  
Due after ten years 13,572,754  
Total 25,521,831  
Amortized Cost, Held-to-maturity    
Due after ten years 350,000  
Total 350,000 300,000
Fair Value, Held-to-maturity    
Due after ten years 341,797  
Fair Value 341,797 319,163
Fixed maturities:
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 24,221,657 23,654,002
Gross Unrealized Gains 1,791,787 3,239,332
Gross Unrealized Losses (491,613) (130,664)
Fair Value 25,521,831 26,762,670
Total OTTI Recognized in OCI (2,288) (6,135)
Amortized cost and fair value of the Company's investments classified as held-to-maturity    
Amortized Cost 350,000 300,000
Gross Unrealized Gains   19,163
Gross Unrealized Losses (8,203)  
Fair Value 341,797 319,163
Trading securities 2,800,000 3,000,000
Fair Value, Held-to-maturity    
Fair Value 341,797 319,163
Residential mortgage-backed securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 1,438,269 1,766,260
Gross Unrealized Gains 48,049 92,417
Gross Unrealized Losses (22,291) (19,347)
Fair Value 1,464,027 1,839,330
Total OTTI Recognized in OCI (914) (406)
Commercial mortgage-backed securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 898,377 797,844
Gross Unrealized Gains 30,287 72,577
Gross Unrealized Losses (17,057) (598)
Fair Value 911,607 869,823
Other asset-backed securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 928,367 1,023,649
Gross Unrealized Gains 15,532 12,788
Gross Unrealized Losses (66,735) (61,424)
Fair Value 877,164 975,013
Total OTTI Recognized in OCI (66) (241)
U.S. government-related securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 1,204,908 1,097,501
Gross Unrealized Gains 38,525 71,536
Gross Unrealized Losses (29,997) (591)
Fair Value 1,213,436 1,168,446
Other government-related securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 38,406 93,565
Gross Unrealized Gains 2,722 7,258
Gross Unrealized Losses   (45)
Fair Value 41,128 100,778
States, municipals, and political subdivisions
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 1,191,682 1,188,019
Gross Unrealized Gains 114,898 255,898
Gross Unrealized Losses (6,259) (264)
Fair Value 1,300,321 1,443,653
Corporate bonds
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 18,521,648 17,687,164
Gross Unrealized Gains 1,541,774 2,726,858
Gross Unrealized Losses (349,274) (48,395)
Fair Value 19,714,148 20,365,627
Total OTTI Recognized in OCI (1,308) (5,488)
Other
   
Amortized cost and fair value of the Company's investments classified as held-to-maturity    
Amortized Cost 350,000 300,000
Gross Unrealized Gains   19,163
Gross Unrealized Losses (8,203)  
Fair Value 341,797 319,163
Fair Value, Held-to-maturity    
Fair Value 341,797 319,163
Equity securities
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 424,658 352,272
Gross Unrealized Gains 4,908 11,881
Gross Unrealized Losses (29,779) (9,993)
Fair Value 399,787 354,160
Total OTTI Recognized in OCI 106  
Amortized cost and fair value of the Company's investments classified as held-to-maturity    
Trading securities 20,700 19,600
Short-term investments
   
Amortized cost and fair value of the Company's investments classified as available-for-sale    
Amortized Cost 108,685 97,852
Fair Value 108,685 97,852
Amortized cost and fair value of the Company's investments classified as held-to-maturity    
Trading securities $ 106,400 $ 118,900