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Fair Value Measurements (Details) - Additional information about assets and liabilities measured at fair value on a recurring basis (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Jun. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Derivative Contracts - Net
         
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period $ 35,947   $ 49,645 $ 42,644 $ 39,195
Realized gains (losses) 0     0 0
Movement in unrealized gains (losses) (885)   2,344 (7,582) 12,620
Purchases and issuances 0   0 0 0
Sales and settlements 0     0 174
Transfers into Level 3 0     0 0
Transfers out of Level 3 0     0 0
Balance, end of period 35,062   51,989 35,062 51,989
Movement in total gains (losses) above relating to instruments still held at the reporting date 885   (2,344) 7,582 (12,620)
Corporate
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 33,511   4,786 23,818 36,866
Realized gains (losses) 20   23 4 (257)
Movement in unrealized gains (losses) 673   (22) 346 173
Purchases and issuances 0   0 8,949 6,878
Sales and settlements (555)   0 (181) (10,049)
Transfers into Level 3 0   0 838 0
Transfers out of Level 3 (4,514)   0 (4,639) (28,824)
Fixed maturities to short term investments classification change       0  
Balance, end of period 29,135   4,787 29,135 4,787
Movement in total gains (losses) above relating to instruments still held at the reporting date 674   1 351 (52)
RMBS - Agency
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 52,588   15,385 32,041 30,255
Realized gains (losses) 4   (81) (23) (81)
Movement in unrealized gains (losses) 106   52 58 2
Purchases and issuances 34   33 103 33
Sales and settlements (4,645)   (206) (6,233) (492)
Transfers into Level 3 0   0 15,254 0
Transfers out of Level 3 (14,230)   0 (7,343) (14,534)
Fixed maturities to short term investments classification change       0  
Balance, end of period 33,857   15,183 33,857 15,183
Movement in total gains (losses) above relating to instruments still held at the reporting date 110   (29) 35 (79)
RMBS - Non-Agency
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 1,596   3,194 0 4,964
Realized gains (losses) (22)   (328) 0 (329)
Movement in unrealized gains (losses) (424)   76 0 61
Purchases and issuances 6,821   0 6,821 0
Sales and settlements (59)   (143) 0 (517)
Transfers into Level 3 0   0 1,018 0
Transfers out of Level 3 (73)   0 0 (1,380)
Fixed maturities to short term investments classification change       0  
Balance, end of period 7,839   2,799 7,839 2,799
Movement in total gains (losses) above relating to instruments still held at the reporting date (447)   (252) 0 (268)
CMBS
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period     4,563 0 1,623
Realized gains (losses) 0   (501) 0 (1,179)
Movement in unrealized gains (losses) 0   564 0 1,078
Purchases and issuances 33,369   0 33,369 3,155
Sales and settlements 0   (232) 0 (283)
Transfers into Level 3 0   0 0 0
Transfers out of Level 3 0   0 0 0
Fixed maturities to short term investments classification change       0  
Balance, end of period 33,369   4,394 33,369 4,394
Movement in total gains (losses) above relating to instruments still held at the reporting date 0 0 63 0 (855)
CDO
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 642,179   727,239 650,851 721,572
Realized gains (losses) 913   (2,662) (523) (3,733)
Movement in unrealized gains (losses) 35,886   (46,520) 75,489 (10,104)
Purchases and issuances 0   0 0 2,379
Sales and settlements (5,347)   (12,215) (51,024) (46,158)
Transfers into Level 3 1,162   0 0 1,886
Transfers out of Level 3 0   0 0 0
Fixed maturities to short term investments classification change       0  
Balance, end of period 674,793   665,842 674,793 665,842
Movement in total gains (losses) above relating to instruments still held at the reporting date 35,806   (49,432) 71,738 (15,656)
Other asset-backed securities
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 25,248   17,048 16,552 24,650
Realized gains (losses) 7,017   (238) 6,748 (555)
Movement in unrealized gains (losses) (6,552)   302 (2,873) 7,162
Purchases and issuances 8,753   0 8,753 0
Sales and settlements (16,141)   0 (15,867) (9,114)
Transfers into Level 3 0   0 3,850 0
Transfers out of Level 3 (1,162)   0 0 (5,031)
Fixed maturities to short term investments classification change       0  
Balance, end of period 17,163   17,112 17,163 17,112
Movement in total gains (losses) above relating to instruments still held at the reporting date 456   64 3,652 6,287
Non-U.S. Sovereign Government, Provincial, Supranational, and Government-Related/Supported
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period         3,667
Realized gains (losses)         0
Movement in unrealized gains (losses)         0
Purchases and issuances         0
Sales and settlements         0
Transfers into Level 3         0
Transfers out of Level 3         (3,667)
Balance, end of period     0   0
Movement in total gains (losses) above relating to instruments still held at the reporting date         0
Other investments
         
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Balance, beginning of period 117,765   114,540 113,959 133,717
Realized gains (losses) 343   (244) 2,782 11,911
Movement in unrealized gains (losses) 1,686   2,642 6,206 10,134
Purchases and issuances 982   1,667 4,664 9,782
Sales and settlements (807)   (4,243) (7,327) (51,182)
Transfers into Level 3 6   0 6 0
Transfers out of Level 3 0   0 (315) 0
Fixed maturities to short term investments classification change       0  
Balance, end of period 119,975   114,362 119,975 114,362
Movement in total gains (losses) above relating to instruments still held at the reporting date $ 1,334   $ 2,398 $ 2,385 $ 19,735