Schedule I - Consolidated Summary of Investments - other than Investments in Related Parties

12 Months Ended

Dec. 31, 2014

Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Consolidated summary of investments - other than investments in related parties

SCHEDULE I

CONSOLIDATED SUMMARY OF INVESTMENTS – OTHER THAN

INVESTMENTS IN RELATED PARTIES

AT DECEMBER 31, 2014 AND 2013



	2014						2013
(U.S. dollars in thousands)	Cost or Amortized Cost (1)		Fair Value		Amount Presented in the Balance Sheet		Cost or Amortized Cost (1)		Fair Value		Amount Presented in the Balance Sheet
Fixed Maturities – AFS - Excluding Life Funds Withheld Assets:
U.S. Government and Government Agency-Related/Supported	$	2,100,851	$	2,171,953	$	2,171,953	$	2,484,193	$	2,501,851	$	2,501,851
Corporate	8,462,130		8,778,373		8,778,373		10,802,332		11,125,830		11,125,830
RMBS – Agency	3,625,171		3,728,576		3,728,576		3,540,101		3,546,122		3,546,122
RMBS – Non-Agency	404,398		427,351		427,351		396,798		398,768		398,768
CMBS	1,033,819		1,052,544		1,052,544		1,223,313		1,246,795		1,246,795
CDO	717,544		692,034		692,034		754,414		717,313		717,313
Other asset-backed securities	1,028,528		1,065,293		1,065,293		1,210,384		1,242,104		1,242,104
U.S. States and political subdivisions of the States	1,892,566		2,021,272		2,021,272		1,821,499		1,845,812		1,845,812
Non-U.S. Sovereign Government, Supranational and Government-Related	4,162,425		4,240,073		4,240,073		4,878,840		4,875,541		4,875,541
Total Fixed maturities – AFS	$	23,427,432	$	24,177,469	$	24,177,469	$	27,111,874	$	27,500,136	$	27,500,136
Equity securities	763,833		868,292		868,292		903,201		1,040,237		1,040,237
Short-term investments	257,221		256,727		256,727		455,470		456,288		456,288
Total Investments - AFS - Excluding Life Funds Withheld Assets	24,448,486		25,302,488		25,302,488		28,470,545		28,996,661		28,996,661
Fixed Maturities - AFS - Life Funds Withheld Assets
U.S. Government and Government agency-Related/Supported	14,866		18,724		18,724		—		—		—
Corporate	2,407,849		2,817,980		2,817,980		—		—		—
RMBS – Agency	3,301		3,782		3,782		—		—		—
RMBS – Non-Agency	71,075		85,335		85,335		—		—		—
CMBS	168,886		193,167		193,167		—		—		—
Other asset-backed securities	238,168		273,541		273,541		—		—		—
Non-U.S. Sovereign Government, Supranational and Government-Related	1,397,194		1,789,036		1,789,036		—		—		—
Total Fixed maturities - AFS - Life Funds Withheld Assets	4,301,339		5,181,565		5,181,565		—		—		—
Total Investments - AFS	28,749,825		30,484,053		30,484,053		28,470,545		28,996,661		28,996,661
Fixed maturities – HTM	—		—		—		2,858,695		3,131,235		2,858,695
Fixed maturities - Trading
Corporate	1,180		1,171		1,171		—		—		—
Total investments - Trading	1,180		1,171		1,171		—		—		—
Other investments	1,002,871		1,248,439		1,248,439		949,310		1,167,382		1,164,630
Total investments other than investments in related parties	$	29,753,876	$	31,733,663	$	31,733,663	$	32,278,550	$	33,295,278	$	33,019,986

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(1)	Investments in fixed maturities, short-term investments and held to maturity are shown at amortized cost.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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