XML 24 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENT OPERATIONS (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net realized gains (losses) for all other investments        
Fixed maturities $ 20,198,000 $ 19,292,000 $ 27,568,000 $ 31,590,000
Equity securities   2,366,000   2,367,000
Impairments on fixed maturity securities (1,460,000) (2,910,000) (3,051,000) (6,497,000)
Impairments on equity securities   (1,090,000)   (2,087,000)
Modco trading portfolio 60,989,000 (126,694,000) 127,292,000 (142,022,000)
Other investments (721,000) (5,191,000) (2,248,000) (6,408,000)
Total realized gains (losses) - investments 79,006,000 (114,227,000) 149,561,000 (123,057,000)
Gross realized gains on investments available-for-sale (fixed maturities, equity securities, and short-term investments) 20,400,000 23,900,000 28,100,000 36,800,000
Gross realized losses 1,600,000 6,100,000 3,400,000 11,000,000
Impairment losses on investments available-for-sale 1,400,000 3,800,000 2,900,000 8,200,000
Fair value (proceeds) of securities in an unrealized gain position sold 306,300,000 409,900,000 571,000,000 797,700,000
Gain realized on the sale of securities in an unrealized gain position 20,400,000 23,900,000 28,100,000 36,800,000
Fair value (proceeds) of securities sold in an unrealized loss position 1,600,000 53,200,000 4,400,000 57,200,000
Losses realized on the sale of securities in an unrealized loss position $ 200,000 $ 2,300,000 $ 500,000 $ 2,800,000