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

12 Months Ended

Dec. 31, 2012

Summary Of Investments Other Than Investments In Related Parties [Abstract]

Summary Of Investments Other Than Investments In Related Parties [Text Block]

SCHEDULE I

CONSOLIDATED SUMMARY OF INVESTMENTS – OTHER THAN

INVESTMENTS IN RELATED PARTIES AT DECEMBER 31, 2012


						Amount
		Cost or				Presented
		Amortized				in the
(U.S. dollars in thousands)		Cost (1)		Fair Value		Balance Sheet
Fixed Maturities - AFS:
	U.S. Government and Government agency-Related/Supported	$	1,906,044	$	2,034,617	$	2,034,617
	Corporate		9,837,962		10,482,000		10,482,000
	RMBS – Agency		5,054,097		5,255,493		5,255,493
	RMBS – Non-Agency		678,469		647,733		647,733
	CMBS		1,010,794		1,077,251		1,077,251
	CDO		784,999		709,816		709,816
	Other asset-backed securities		1,426,483		1,470,711		1,470,711
	U.S. States and political subdivisions of the States		1,767,669		1,911,017		1,911,017
	Non-U.S. Sovereign Government, Supranational and Government-Related		4,078,289		4,258,282		4,258,282
Total Fixed maturities - AFS		$	26,544,806	$	27,846,920	$	27,846,920
Equity securities		$	617,486	$	649,359	$	649,359
Short-term investments		$	322,563	$	322,703	$	322,703
Fixed maturities - HTM		$	2,814,447	$	3,262,804	$	2,814,447
Other investments		$	1,039,731	$	1,201,570	$	1,219,879
Total investments other than investments in related parties		$	31,339,033	$	33,283,356	$	32,853,308

_______________

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


						Amount
		Cost or				Presented
		Amortized				in the
(U.S. dollars in thousands)		Cost (1)		Fair Value		Balance Sheet
Fixed Maturities - AFS:
	U.S. Government and Government agency-Related/Supported	$	1,864,354	$	1,990,983	$	1,990,983
	Corporate		9,866,677		10,108,622		10,108,622
	RMBS – Agency		5,189,473		5,379,406		5,379,406
	RMBS – Non-Agency		851,557		641,815		641,815
	CMBS		927,684		974,835		974,835
	CDO		843,553		658,602		658,602
	Other asset-backed securities		1,341,309		1,340,249		1,340,249
	U.S. States and political subdivisions of the States		1,698,573		1,797,378		1,797,378
	Non-U.S. Sovereign Government, Supranational and Government-Related		3,188,535		3,298,135		3,298,135
Total Fixed maturities - AFS		$	25,771,715	$	26,190,025	$	26,190,025
Equity securities		$	480,685	$	468,197	$	468,197
Short-term investments		$	359,378	$	359,063	$	359,063
Fixed maturities - HTM		$	2,668,978	$	2,895,688	$	2,668,978
Other investments		$	849,511	$	958,681	$	985,262
Total investments other than investments in related parties		$	30,130,267	$	30,871,654	$	30,671,525

_______________

(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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