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Note 4 - Fair Value of Financial Instruments Fair Value Assets Liabilities by Hierarchy Level (Details) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Fair Value by Hierarchy Level Assets and Liabilities    
Derivative Assets $ 14,229,000 $ 17,212,000
Derivative liabilities 219,960,000 126,006,000
VIE debt 107,833,000 228,240,000
Fixed-maturities held to maturity 2,524,000 2,748,000
Consolidated Financial Guaranty Insurance Contracts [Member]
   
Fair Value by Hierarchy Level Assets and Liabilities    
Derivative Assets 0 0
Derivative liabilities 75,400,000 19,500,000
VIE debt 100,300,000 218,800,000
Number Of Consolidated Other Financial Guaranty Transactions 2  
Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 5,193,600,000 [1] 5,719,900,000 [2]
Derivative Assets 14,200,000 17,200,000
Other Assets 100,700,000 [3] 104,000,000 [4]
Total Assets at Fair Value 5,308,500,000 5,841,100,000
Derivative liabilities 220,000,000 126,000,000
VIE debt 107,800,000 [5] 228,200,000 [6]
Total Liabilities at Fair Value 327,800,000 354,200,000
Fair Value, Measurements, Recurring | Consolidated Financial Guaranty Insurance Contracts [Member]
   
Fair Value by Hierarchy Level Assets and Liabilities    
Number Of Consolidated Other Financial Guaranty Transactions 2 2
US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 952,700,000 1,110,500,000
State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 854,000,000 1,047,500,000
Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 468,900,000 723,200,000
Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 836,000,000 700,500,000
RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 968,700,000 930,200,000
CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 185,200,000 225,800,000
CDO | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 5,500,000
Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 133,700,000 99,900,000
Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 109,100,000 102,900,000
Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 353,900,000 346,300,000
Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 252,500,000 [7] 269,200,000 [7]
Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 78,900,000 [8] 158,400,000 [9]
Fair Value, Inputs, Level 1 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 798,600,000 [1] 1,226,100,000 [2]
Derivative Assets 0 0
Other Assets 0 [3] 0 [4]
Total Assets at Fair Value 798,600,000 1,226,100,000
Derivative liabilities 0 0
VIE debt 0 [5] 0 [6]
Total Liabilities at Fair Value 0 0
Fair Value, Inputs, Level 1 | US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 235,200,000 386,900,000
Fair Value, Inputs, Level 1 | State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 468,900,000 723,200,000
Fair Value, Inputs, Level 1 | Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | CDO | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 94,500,000 [7] 116,000,000 [7]
Fair Value, Inputs, Level 1 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 [8] 0 [9]
Fair Value, Inputs, Level 2 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 4,292,100,000 [1] 4,329,600,000 [2]
Derivative Assets 0 200,000
Other Assets 0 [3] 0 [4]
Total Assets at Fair Value 4,292,100,000 4,329,800,000
Derivative liabilities 0 0
VIE debt 0 [5] 0 [6]
Total Liabilities at Fair Value 0 0
Fair Value, Inputs, Level 2 | Fair Value, Measurements, Recurring | Carrying (Reported) Amount, Fair Value Disclosure [Member]
   
Fair Value by Hierarchy Level Assets and Liabilities    
Fixed-maturities held to maturity 2,500,000 [10] 2,600,000 [10]
Other invested assets fair value disclosure 59,100,000 [10] 61,000,000 [10]
Fair Value, Inputs, Level 2 | US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 717,500,000 723,600,000
Fair Value, Inputs, Level 2 | State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 834,400,000 985,000,000
Fair Value, Inputs, Level 2 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 2 | Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 836,000,000 700,500,000
Fair Value, Inputs, Level 2 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 968,700,000 884,700,000
Fair Value, Inputs, Level 2 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 185,200,000 190,400,000
Fair Value, Inputs, Level 2 | CDO | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 2 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 128,900,000 97,000,000
Fair Value, Inputs, Level 2 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 109,100,000 102,900,000
Fair Value, Inputs, Level 2 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 353,900,000 341,500,000
Fair Value, Inputs, Level 2 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 156,000,000 [7] 152,400,000 [7]
Fair Value, Inputs, Level 2 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 2,400,000 [8] 151,600,000 [9]
Fair Value, Inputs, Level 2 | Commercial Paper [Member] | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 700,000  
Fair Value, Inputs, Level 2 | Committed Preferred Securities CPS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value   150,000,000
Fair Value, Inputs, Level 2 | Short Term CDs | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 1,700,000 1,600,000
Fair Value, Inputs, Level 3
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Level III Assets 4.10%  
Total Level III Liabilities 100.00%  
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 102,900,000 [1] 164,200,000 [2]
Derivative Assets 14,200,000 17,000,000
Other Assets 100,700,000 [3] 104,000,000 [4]
Total Assets at Fair Value 217,800,000 285,200,000
Derivative liabilities 220,000,000 126,000,000
VIE debt 107,800,000 228,200,000
Total Liabilities at Fair Value 327,800,000 354,200,000
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | NIMS [Member]
   
Fair Value by Hierarchy Level Assets and Liabilities    
VIE debt 7,500,000 9,400,000
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | Consolidated Financial Guaranty Insurance Contracts [Member]
   
Fair Value by Hierarchy Level Assets and Liabilities    
VIE debt 100,300,000 218,800,000
Fair Value, Inputs, Level 3 | US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 19,600,000 62,500,000
Fair Value, Inputs, Level 3 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 45,500,000
Fair Value, Inputs, Level 3 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 35,400,000
Fair Value, Inputs, Level 3 | CDO | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 5,500,000
Fair Value, Inputs, Level 3 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 4,800,000 2,900,000
Fair Value, Inputs, Level 3 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 0 4,800,000
Fair Value, Inputs, Level 3 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 2,000,000 [7] 800,000 [7]
Fair Value, Inputs, Level 3 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 76,500,000 [8] 6,800,000 [9]
Fair Value, Inputs, Level 3 | Lottery Annuities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value 1,100,000 1,600,000
Fair Value, Inputs, Level 3 | Consolidated Committed Preferred Custodial Trust Securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value   5,200,000
Fair Value, Inputs, Level 3 | Investment Contracts [Member] | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level Assets and Liabilities    
Total Investments at Fair Value $ 75,400,000  
[1] Does not include fixed-maturities held to maturity ($2.5 million) and certain other invested assets ($59.1 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value.
[2] Does not include fixed-maturities held to maturity ($2.6 million) and other invested assets ($61.0 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value.
[3] Primarily comprising manufactured housing loan collateral related to two consolidated financial guaranty VIEs.
[4] Comprising manufactured housing loan collateral related to two consolidated financial guaranty VIEs.
[5] Comprising consolidated debt related to NIMS VIEs ($7.5 million) and amounts related to financial guaranty VIEs ($100.3 million).
[6] Comprising consolidated debt related to NIMS VIEs ($9.4 million) and amounts related to financial guaranty VIEs ($218.8 million).
[7] Comprising broadly diversified domestic equity mutual funds included within Level I and various preferred and common stocks invested across numerous companies and industries included within Levels II and III.
[8] Comprising TruPs ($0.7 million) and short-term CDs ($1.7 million) included within Level II, and lottery annuities ($1.1 million) and a guaranteed investment contract held by a consolidated VIE ($75.4 million) within Level III.
[9] Comprising short-term commercial paper within Committed Preferred Custodial Trust Securities (“CPS”) trusts ($150.0 million) and short-term CDs ($1.6 million) included within Level II, and lottery annuities ($1.6 million) and TruPs held by consolidated VIEs ($5.2 million) included within Level III.
[10] These estimated fair values would be classified in Level II of the fair value hierarchy.