Schedule I- Summary Of Investments -Other Than Investments In Related Parties

12 Months Ended

Dec. 31, 2011

Schedule I - Summary Of Investments -Other Than Investments In Related Parties [Abstract]

Schedule I - Summary Of Investments -Other Than Investments In Related Parties

SCHEDULE I – SUMMARY OF INVESTMENTS -

OTHER THAN INVESTMENTS IN RELATED PARTIES

DECEMBER 31, 2011

Column A	Column B		Column C		Column D
					Amount
					Shown in
			Market		Balance
(Dollars in thousands)	Cost		Value		Sheet
Fixed maturities-available for sale
Bonds:
U.S. government and government agencies	$	77,351	$	79,539	$	79,539
State, municipalities and political subdivisions		1,558,615		1,660,905		1,660,905
Foreign government securities		733,814		788,649		788,649
Foreign corporate securities		670,544		689,041		689,041
Public utilities		67,755		71,565		71,565
All other corporate bonds		1,138,227		1,165,257		1,165,257
Mortgage - backed securities
Commercial		41,953		47,874		47,874
Agency residential		528,946		543,393		543,393
Non-agency residential		24,139		24,289		24,289
Redeemable preferred stock		39,310		36,516		36,516
Total fixed maturities-available for sale		4,880,654		5,107,028		5,107,028
Fixed maturities - available for sale, at fair value(1)		113,859		113,606		113,606
Equity securities - available for sale, at market value		15		10		10
Equity securities - available for sale, at fair value(1)		1,128,810		1,207,053		1,207,053
Short-term investments		423,663		423,663		423,663
Other invested assets		379,342		379,342		379,342
Other invested assets, at fair value (1)		835,371		817,352		817,352
Cash		348,267		348,267		348,267

Total investments and cash	$	8,109,981	$	8,396,321	$	8,396,321

(1) Original cost does not reflect adjustments, which have been realized through the statements of operations and comprehensive income.

- 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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