XML 37 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2016
Other Comprehensive Income (Loss) [Abstract]  
Components Of Comprehensive Income (Loss) In The Consolidated Statements Of Operations
Three Months Ended June 30, 2016
   
Six Months Ended June 30, 2016
 
(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
 
$
53,960
   
$
(18,886
)
 
$
35,074
   
$
83,916
   
$
(29,370
)
 
$
54,546
 
URA(D) on securities - OTTI
   
6,446
     
(2,256
)
   
4,190
     
6,643
     
(2,325
)
   
4,318
 
Reclassification of net realized losses (gains) included in net income (loss)
   
(97
)
   
34
     
(63
)
   
39,773
     
(13,921
)
   
25,852
 
Foreign currency translation adjustments
   
23,830
     
(8,341
)
   
15,489
     
46,807
     
(16,386
)
   
30,421
 
Benefit plan actuarial net gain (loss)
   
-
     
-
     
-
     
-
     
-
     
-
 
Reclassification of amortization of net gain (loss) included in net income (loss)
   
2,063
     
(722
)
   
1,341
     
4,125
     
(1,444
)
   
2,681
 
Total other comprehensive income (loss)
 
$
86,202
   
$
(30,171
)
 
$
56,031
   
$
181,264
   
$
(63,446
)
 
$
117,818
 
                                                 
(Some amounts may not reconcile due to rounding)
                                               



   
Three Months Ended June 30, 2015
   
Six Months Ended June 30, 2015
 
(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
 
$
(55,290
)
 
$
19,352
   
$
(35,938
)
 
$
(39,718
)
 
$
13,402
   
$
(26,316
)
URA(D) on securities - OTTI
   
-
     
-
     
-
     
9,735
     
(3,407
)
   
6,328
 
Reclassification of net realized losses (gains) included in net income (loss)
   
21,017
     
(7,356
)
   
13,661
     
56,656
     
(19,330
)
   
37,326
 
Foreign currency translation adjustments
   
24,839
     
(8,694
)
   
16,145
     
(26,404
)
   
9,241
     
(17,163
)
Benefit plan actuarial net gain (loss)
   
-
     
-
     
-
     
-
     
-
     
-
 
Reclassification of amortization of net gain (loss) included in net income (loss)
   
2,476
     
(867
)
   
1,609
     
4,943
     
(1,730
)
   
3,213
 
Total other comprehensive income (loss)
 
$
(6,958
)
 
$
2,435
   
$
(4,523
)
 
$
5,212
   
$
(1,824
)
 
$
3,388
 
                                                 
(Some amounts may not reconcile due to rounding)
                 
Reclassification From Accumulated Other Comprehensive Income
   
Three Months Ended
   
Six Months Ended
     
   
June 30,
   
June 30,
   
Affected line item within the statements of
AOCI component
 
2016
   
2015
   
2016
   
2015
   
operations and comprehensive income (loss)
(Dollars in thousands)
                               
URA(D) on securities
 
$
(97
)
 
$
21,017
   
$
39,773
   
$
56,656
   
Other net realized capital gains (losses)
     
34
     
(7,356
)
   
(13,921
)
   
(19,330
)
 
Income tax expense (benefit)
   
$
(63
)
 
$
13,661
   
$
25,852
   
$
37,326
   
Net income (loss)
                                          
Benefit plan net gain (loss)
 
$
2,063
   
$
2,476
   
$
4,125
   
$
4,943
   
Other underwriting expenses
     
(722
)
   
(867
)
   
(1,444
)
   
(1,730
)
 
Income tax expense (benefit)
   
$
1,341
   
$
1,609
   
$
2,681
   
$
3,213
   
Net income (loss)
                                          
(Some amounts may not reconcile due to rounding)
                                       
Components Of Accumulated Other Comprehensive Income (Loss), Net Of Tax, In The Consolidated Balance Sheets
   
Six Months Ended
   
Twelve Months Ended
 
   
June 30,
   
December 31,
 
(Dollars in thousands)
 
2016
   
2015
 
             
Beginning balance of URA (D) on securities
 
$
13,654
   
$
37,628
 
Current period change in URA (D) of investments - temporary
   
80,398
     
(30,257
)
Current period change in URA (D) of investments - non-credit OTTI
   
4,318
     
6,283
 
Ending balance of URA (D) on securities
   
98,370
     
13,654
 
                 
Beginning balance of foreign currency translation adjustments
   
(12,701
)
   
41,877
 
Current period change in foreign currency translation adjustments
   
30,421
     
(54,578
)
Ending balance of foreign currency translation adjustments
   
17,720
     
(12,701
)
                 
Beginning balance of benefit plan net gain (loss)
   
(63,089
)
   
(74,986
)
Current period change in benefit plan net gain (loss)
   
2,681
     
11,897
 
Ending balance of benefit plan net gain (loss)
   
(60,408
)
   
(63,089
)
                 
Ending balance of accumulated other comprehensive income (loss)
 
$
55,682
   
$
(62,136
)