XML 87 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2014
Other Comprehensive Income (Loss) [Abstract]  
Components Of Comprehensive Income (Loss) In The Consolidated Statements Of Operations
   
Three Months Ended March 31, 2014
   
Three Months Ended March 31, 2013
 
(Dollars in thousands)
 
Before Tax
   
Tax Effect
   
Net of Tax
   
Before Tax
   
Tax Effect
   
Net of Tax
 
Unrealized appreciation (depreciation) ("URA(D)") on securities - temporary
  $ 31,996     $ (11,199 )   $ 20,797     $ (8,528 )   $ 2,985     $ (5,543 )
URA(D) on securities - OTTI
    -       -       -       (97 )     34       (63 )
Reclassification of net realized losses (gains) included in net income (loss)
    1,997       (699 )     1,298       (2,089 )     731       (1,358 )
Foreign currency translation adjustments
    (12,055 )     4,219       (7,836 )     (11,686 )     4,090       (7,596 )
Benefit plan actuarial net gain (loss)
    -       -       -       -       -       -  
Reclassification of amortization of net gain (loss) included in net income (loss)
    1,186       (415 )     771       2,070       (724 )     1,346  
Total other comprehensive income (loss)
  $ 23,124     $ (8,094 )   $ 15,030     $ (20,330 )   $ 7,116     $ (13,214 )
Reclassification From Accumulated Other Comprehensive Income
   
Three months ended
   
Three months ended
   
Affected line item within the statements of
AOCI component
 
March 31, 2014
   
March 31, 2013
   
operations and comprehensive income (loss)
(Dollars in thousands)
               
URA(D) on securities
  $ 1,997     $ (2,089 )  
Other net realized capital gains (losses)
      (699 )     731    
Income tax expense (benefit)
    $ 1,298     $ (1,358 )  
Net income (loss)
                     
Benefit plan net gain (loss)
  $ 1,186     $ 2,070    
Other underwriting expenses
      (415 )     (724 )  
Income tax expense (benefit)
    $ 771     $ 1,346    
Net income (loss)
Components Of Accumulated Other Comprehensive Income (Loss), Net Of Tax, In The Consolidated Balance Sheets
   
At March 31,
   
At December 31,
 
(Dollars in thousands)
 
2014
   
2013
 
             
Beginning balance of URA (D) on securities
  $ 55,457     $ 157,163  
Current period change in URA (D) of investments - temporary
    22,095       (101,447 )
Current period change in URA (D) of investments - non-credit OTTI
    -       (259 )
Ending balance of URA (D) on securities
    77,552       55,457  
                 
Beginning balance of foreign currency translation adjustments
    71,087       90,215  
Current period change in foreign currency translation adjustments
    (7,836 )     (19,128 )
Ending balance of foreign currency translation adjustments
    63,251       71,087  
                 
Beginning balance of benefit plan net gain (loss)
    (38,896 )     (62,511 )
Current period change in benefit plan net gain (loss)
    771       23,615  
Ending balance of benefit plan net gain (loss)
    (38,125 )     (38,896 )
                 
Ending balance of accumulated other comprehensive income (loss)
  $ 102,678     $ 87,648