XML 24 R78.htm IDEA: XBRL DOCUMENT v2.4.0.6
INVESTMENTS (Detail) - Contractual maturities of available for sale securities and held to maturity income securities (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Fixed maturities - AFS    
Due less than one year $ 2,025,446 [1] $ 1,583,265 [1]
Due less than one year 2,041,814 [1] 1,570,909 [1]
Due after 1 through 5 years 7,874,145 [1] 9,021,926 [1]
Due after 1 through 5 years 8,049,150 [1] 9,118,229 [1]
Due after 5 through 10 years 3,788,673 [1] 4,137,260 [1]
Due after 5 through 10 years 3,953,496 [1] 4,198,362 [1]
Due after 10 years 3,275,281 [1] 3,228,553 [1]
Due after 10 years 3,504,551 [1] 3,161,894 [1]
16,963,545 [1] 17,971,004 [1]
17,549,011 [1] 18,049,394 [1]
Available for sale fixed income securities, Amortized Cost 25,771,715 [1] 27,322,842 [1]
Available for sale fixed income securities, Fair Value 26,190,025 [1] 27,142,105 [1]
Fixed maturities - HTM    
Due less than one year 11,796 [1] 0 [1]
Due less than one year 11,768 [1] 0 [1]
Due after 1 through 5 years 122,091 [1] 125,449 [1]
Due after 1 through 5 years 123,871 [1] 125,416 [1]
Due after 5 through 10 years 393,865 [1] 348,797 [1]
Due after 5 through 10 years 402,424 [1] 346,494 [1]
Due after 10 years 1,779,587 [1] 1,884,217 [1]
Due after 10 years 1,968,629 [1] 1,901,032 [1]
2,307,339 [1] 2,358,463 [1]
2,506,692 [1] 2,372,942 [1]
Held to maturity income securities, Amortized Cost 2,668,978 [1] 2,728,335 [1]
Held to maturity income securities, Fair Value 2,895,688 [1] 2,742,626 [1]
Residential Mortgage Backed Securities [Member] | Agency Securities [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 5,189,473 [1] 5,059,249 [1]
Available for sale fixed income securities, Fair Value 5,379,406 [1] 5,203,711 [1]
Residential Mortgage Backed Securities [Member] | Non-Agency [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 851,557 [1] 1,257,474 [1]
Available for sale fixed income securities, Fair Value 641,815 [1] 1,021,823 [1]
Fixed maturities - HTM    
Held to maturity income securities, Amortized Cost 80,955 [1] 82,763 [1]
Held to maturity income securities, Fair Value 87,443 [1] 82,851 [1]
Commercial Mortgage Backed Securities [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 927,684 [1] 1,135,075 [1]
Available for sale fixed income securities, Fair Value 974,835 [1] 1,172,507 [1]
Collateralized Debt Obligations [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 843,553 [1] 920,501 [1]
Available for sale fixed income securities, Fair Value 658,602 [1] 734,138 [1]
Other Asset Backed Securities [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 995,903 [1] 979,539 [1]
Available for sale fixed income securities, Fair Value 986,356 [1] 960,532 [1]
Fixed maturities - HTM    
Held to maturity income securities, Amortized Cost 280,684 [1] 287,109 [1]
Held to maturity income securities, Fair Value 301,553 [1] 286,833 [1]
Mortgage and Asset Backed Securities [Member]
   
Fixed maturities - AFS    
Available for sale fixed income securities, Amortized Cost 8,808,170 [1] 9,351,838 [1]
Available for sale fixed income securities, Fair Value 8,641,014 [1] 9,092,711 [1]
Fixed maturities - HTM    
Held to maturity income securities, Amortized Cost 361,639 [1] 369,872 [1]
Held to maturity income securities, Fair Value $ 388,996 [1] $ 369,684 [1]
[1] Included in the table above are Tier One and Upper Tier Two securities, representing committed term debt and hybrid instruments, which are senior to the common and preferred equities of the financial institutions, at their fair value of $386.1 million and $757.8 million at December 31, 2011 and 2010, respectively. These securities are reflected in the table based on their call date and have net unrealized losses of $108.8 million and $143.7 million at December 31, 2011 and 2010, respectively.