XML 64 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments (Details) (USD $)
In Thousands, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost $ 6,187,429 $ 5,784,205
Amortized Cost/Cost, Equity securities 97,224 84,754
Unrealized Gains 523,683 344,286
Unrealized Losses 34,773 118,918
Fair Value 6,676,339 6,009,573
Fair Value, Equity securities 109,462 91,858
OTTI in AOCI 2,866 [1] 2,812 [1]
Mortgage-backed securities [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 546,236 [2] 555,574 [2]
Unrealized Gains 45,587 [2] 33,711 [2]
Unrealized Losses 9,691 [2] 19,560 [2]
Fair Value 582,132 [2] 569,725 [2]
OTTI in AOCI 0 [1],[2] 0 [1],[2]
Other, including U.S. Treasury Securities [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 464,978 [2] 449,060 [2]
Unrealized Gains 19,207 [2] 9,865 [2]
Unrealized Losses 8,007 [2] 23,351 [2]
Fair Value 476,178 [2] 435,574 [2]
OTTI in AOCI 0 [1],[2] 0 [1],[2]
Municipal bonds [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 1,455,567 1,425,441
Unrealized Gains 149,837 80,701
Unrealized Losses 7,515 34,615
Fair Value 1,597,889 1,471,527
OTTI in AOCI 0 [1] 0 [1]
Foreign government bonds [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 50,604 50,641
Unrealized Gains 6,435 4,700
Unrealized Losses 0 390
Fair Value 57,039 54,951
OTTI in AOCI 0 [1] 0 [1]
Corporate bonds [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 2,599,455 2,457,727
Unrealized Gains 269,905 188,832
Unrealized Losses 5,623 32,150
Fair Value 2,863,737 2,614,409
OTTI in AOCI 0 [1] 0 [1]
Other mortgage-backed securities [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost 1,070,589 845,762
Unrealized Gains 32,712 26,477
Unrealized Losses 3,937 8,852
Fair Value 1,099,364 863,387
OTTI in AOCI 2,866 [1] 2,812 [1]
Equity securities [Member]
   
Unrealized gains and losses on fixed maturities and equity securities    
Amortized Cost/Cost, Equity securities 97,224 84,754
Unrealized Gains 13,127 10,723
Unrealized Losses 889 3,619
Fair Value, Equity securities 109,462 91,858
OTTI in AOCI $ 0 [1] $ 0 [1]
[1] Represents the amount of other-than-temporary impairment losses in AOCI which, beginning April 1, 2009, was not included in earnings under current accounting guidance. Amounts also include unrealized gains/(losses) on impaired securities relating to changes in the fair value of such securities subsequent to the impairment measurement date.
[2] Fair value includes securities issued by Federal National Mortgage Association (“FNMA”) of $342,198 and $336,193; Federal Home Loan Mortgage Corporation (“FHLMC”) of $441,363 and $427,172; and Government National Mortgage Association (“GNMA”) of $136,208 and $126,245 as of June 30, 2014 and December 31, 2013, respectively.