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Deferred Policy Acquisition Costs (Tables)
12 Months Ended
Dec. 31, 2014
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Type Of Deferred Policy Acquisition Costs [Table Text Block]
The following reflects the amounts of policy acquisition costs deferred and amortized (dollars in thousands):
 
 
 
 
 
 
As of December 31,
 
2014
 
2013
Deferred policy acquisition costs:
 
 
 
 
Assumed
 
$
3,391,291

 
$
3,573,054

Retroceded
 
(48,716
)
 
(55,258
)
Net
 
$
3,342,575

 
$
3,517,796

Movement Analysis Of Deferred Policy Acquisition Costs Rollforward [Table Text Block]
Years ended December 31,
 
2014
 
2013
 
2012
Balance, beginning of year
 
$
3,517,796

 
$
3,619,274

 
$
3,543,925

Capitalized
 
 
 
 
 
 
Assumed
 
885,944

 
862,767

 
1,081,599

Retroceded
 
(8,335
)
 
(8,604
)
 
(11,814
)
Amortized (including interest):
 
 
 
 
 
 
Assumed
 
(882,498
)
 
(826,539
)
 
(975,844
)
Allocated to change in value of embedded derivatives
 
(111,744
)
 
(98,141
)
 
(42,183
)
Retroceded
 
14,877

 
11,877

 
14,970

Attributed to unrealized investment gains (losses)
 
(4,480
)
 
16,181

 
(14,938
)
Foreign currency changes
 
(68,985
)
 
(59,019
)
 
23,559

Balance, end of year
 
$
3,342,575

 
$
3,517,796

 
$
3,619,274