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Investments (Detail) - Analysis of continual unrealized loss position (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Fixed maturities -HTM    
Less than 12 months Fair Value - HTM $ 153,395 $ 244,193
Less than 12 month Gross Unrealized Losses - HTM (4,027) (9,322)
Equal to or greater than 12 months Fair Value - HTM 74,468 81,779
Equal to or greater than 12 months Gross Unrealized Losses - HTM (5,170) (11,413)
Corporate Debt Securities [Member]
   
Fixed maturities -HTM    
Less than 12 months Fair Value - HTM 61,497 [1] 147,836 [2]
Less than 12 month Gross Unrealized Losses - HTM (2,652) [1] (7,770) [2]
Equal to or greater than 12 months Fair Value - HTM 54,404 [1] 62,343 [2]
Equal to or greater than 12 months Gross Unrealized Losses - HTM (1,512) [1] (6,663) [2]
Residential Mortgage-Backed Securities Non-Agency [Member]
   
Fixed maturities -HTM    
Less than 12 months Fair Value - HTM 9,521 9,372
Less than 12 month Gross Unrealized Losses - HTM (147) (32)
Equal to or greater than 12 months Fair Value - HTM 0 0
Equal to or greater than 12 months Gross Unrealized Losses - HTM 0 0
Other Asset Backed Securities [Member]
   
Fixed maturities -HTM    
Less than 12 months Fair Value - HTM 7,709 [1] 7,743 [2]
Less than 12 month Gross Unrealized Losses - HTM (573) [1] (314) [2]
Equal to or greater than 12 months Fair Value - HTM 0 [1] 1,106 [2]
Equal to or greater than 12 months Gross Unrealized Losses - HTM 0 [1] (6) [2]
Non US Sovereign Government Supranational And Government Related [Member]
   
Fixed maturities -HTM    
Less than 12 months Fair Value - HTM 74,668 79,242
Less than 12 month Gross Unrealized Losses - HTM (655) (1,206)
Equal to or greater than 12 months Fair Value - HTM 20,064 18,330
Equal to or greater than 12 months Gross Unrealized Losses - HTM (3,658) (4,744)
US Government And Government Related [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 478,076 289,260
Less than 12 month Gross Unrealized Losses - AFS (3,042) (332)
Equal to or greater than 12 months Fair Value - AFS 31,499 43,622
Equal to or greater than 12 months Gross Unrealized Losses - AFS (4,183) (3,984)
Corporate Debt Securities [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 638,803 [1],[3],[4] 1,078,664 [2],[5],[6]
Less than 12 month Gross Unrealized Losses - AFS (14,193) [1],[3],[4] (42,151) [2],[5],[6]
Equal to or greater than 12 months Fair Value - AFS 1,084,471 [1],[3],[4] 1,185,535 [2],[5],[6]
Equal to or greater than 12 months Gross Unrealized Losses - AFS (177,433) [1],[3],[4] (243,683) [2],[5],[6]
Residential Mortgage-Backed Securities Agency [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 1,081,932 310,318
Less than 12 month Gross Unrealized Losses - AFS (5,053) (849)
Equal to or greater than 12 months Fair Value - AFS 34,328 36,960
Equal to or greater than 12 months Gross Unrealized Losses - AFS (3,630) (3,000)
Residential Mortgage-Backed Securities Non-Agency [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 36,572 106,294
Less than 12 month Gross Unrealized Losses - AFS (3,466) (31,714)
Equal to or greater than 12 months Fair Value - AFS 489,071 449,138
Equal to or greater than 12 months Gross Unrealized Losses - AFS (180,507) (197,695)
Commercial Mortgage Backed Securities [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 41,017 69,109
Less than 12 month Gross Unrealized Losses - AFS (618) (2,716)
Equal to or greater than 12 months Fair Value - AFS 32,415 39,444
Equal to or greater than 12 months Gross Unrealized Losses - AFS (4,407) (6,837)
Collateralized Debt Obligations [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 13,501 3,357
Less than 12 month Gross Unrealized Losses - AFS (2,643) (2,261)
Equal to or greater than 12 months Fair Value - AFS 622,684 636,362
Equal to or greater than 12 months Gross Unrealized Losses - AFS (157,367) (189,456)
Other Asset Backed Securities [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 145,767 [1] 227,098 [2]
Less than 12 month Gross Unrealized Losses - AFS (3,683) [1] (3,324) [2]
Equal to or greater than 12 months Fair Value - AFS 163,694 [1] 161,312 [2]
Equal to or greater than 12 months Gross Unrealized Losses - AFS (29,770) [1] (28,467) [2]
US States and Political Subdivisions Debt Securities [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 8,475 25,309
Less than 12 month Gross Unrealized Losses - AFS (40) (199)
Equal to or greater than 12 months Fair Value - AFS 16,045 27,646
Equal to or greater than 12 months Gross Unrealized Losses - AFS (1,804) (2,021)
Non US Sovereign Government Supranational And Government Related [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 572,425 265,766
Less than 12 month Gross Unrealized Losses - AFS (5,802) (4,707)
Equal to or greater than 12 months Fair Value - AFS 166,060 202,890
Equal to or greater than 12 months Gross Unrealized Losses - AFS (7,540) (13,166)
Total Fixed Maturities And Short Term Investments Available For Sale [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 3,016,568 2,375,175
Less than 12 month Gross Unrealized Losses - AFS (38,540) (88,253)
Equal to or greater than 12 months Fair Value - AFS 2,640,267 2,782,909
Equal to or greater than 12 months Gross Unrealized Losses - AFS (566,641) (688,309)
Equity Securities [Member]
   
Fixed maturities and short-term investments - AFS    
Less than 12 months Fair Value - AFS 228,847 [7] 361,585 [8]
Less than 12 month Gross Unrealized Losses - AFS (6,709) [7] (40,435) [8]
Equal to or greater than 12 months Fair Value - AFS 0 [7] 0 [8]
Equal to or greater than 12 months Gross Unrealized Losses - AFS $ 0 [7] $ 0 [8]
[1] Covered Bonds within Fixed maturities and short-term investments - AFS with a fair value of $33.9 million and Covered Bonds within Fixed Maturities - HTM with a fair value of $7.7 million have been included within Other asset-backed securities to align the Company's classification to market indices. Covered Bonds were previously included in Corporate.
[2] Covered Bonds within Fixed maturities and short-term investments - AFS with a fair value of $44.7 million and Covered Bonds within Fixed Maturities - HTM with a fair value of $7.7 million have been included within Other asset-backed securities to align the Company's classification to market indices and to conform to current period presentation. Covered Bonds were previously included in Corporate.
[3] Included within Corporate are certain medium term notes supported primarily by pools of European investment grade credit with varying degrees of leverage. The notes, which are in a gross unrealized loss position, have a fair value of $198.7 million and an amortized cost of $220.0 million. These notes allow the investor to participate in cash flows of the underlying bonds including certain residual values, which could serve to either decrease or increase the ultimate values of these notes.
[4] Included within Corporate 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. These securities, which are in a gross unrealized loss position, have a fair value of $411.2 million and an amortized cost of $489.3 million at March 31, 2012.
[5] Included within Corporate are certain medium term notes supported primarily by pools of European investment grade credit with varying degrees of leverage. The notes, which are in a gross unrealized loss position, have a fair value of $266.0 million and an amortized cost of $297.7 million. These notes allow the investor to participate in cash flows of the underlying bonds including certain residual values, which could serve to either decrease or increase the ultimate values of these notes.
[6] Included within Corporate 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. These securities, which are in a gross unrealized loss position, have a fair value of $386.1 million and an amortized cost of $494.9 million at December 31, 2011.
[7] Included within equity securities are investments in fixed income funds with a fair value of $98.0 million and an amortized cost of $100.0 million at March 31, 2012.
[8] Included within equity securities are investments in fixed income funds with a fair value of $91.6 million and an amortized cost of $100.0 million at December 31, 2011.