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Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2011

Derivative Instruments [Abstract]

Schedule Of Derivative Fair Values On Condensed Consolidated Balance Sheets


		September 30, 2011																December 31, 2010
		Asset								Liability								Asset								Liability
		Derivative				Asset				Derivative				Liability				Derivative				Asset				Derivative				Liability
		Notional				Derivative				Notional				Derivative				Notional				Derivative				Notional				Derivative
		Amount				Fair Value				Amount				Fair Value				Amount				Fair Value				Amount				Fair Value
Derivatives not designated as hedging instruments
Relating to investment portfolio:
Foreign exchange contracts ⁽¹⁾		$	74,853			$	1,487			$	62,198			$	6,989			$	—			$	—			$	—			$	—
Interest rate futures ⁽¹⁾			806,250				1,721				896,100				8,451				—				—				—				—

		$	881,103			$	3,208			$	958,298			$	15,440			$	—			$	—			$	—			$	—
Relating to operating activities and capital management:
Foreign exchange contracts ⁽²⁾		$	53,705			$	2,551			$	122,873			$	11,438			$	26,758			$	858			$	51,308			$	1,629

Total derivatives		$	934,808			$	5,759			$	1,081,171			$	26,878			$	26,758			$	858			$	51,308			$	1,629


(1)		Asset and liability derivatives relating to the investment portfolio are classified within "balances receivable on sale of investments" or "balances due on purchases of investments" on the consolidated balance sheets.

(2)		Asset and liability derivatives relating to operating activities are classified within "other assets" or "accounts payable and accrued liabilities" on the consolidated balance sheets.

Schedule Of Unrealized And Realized Gains (Losses) On Derivatives Recorded In The Consolidated Income Statement


						Three Months Ended								Nine Months Ended
						September 30,								September 30,
		Location of Gain (Loss) Recognized in
		the Consolidated Income Statements				2011				2010				2011				2010
Derivatives not designated as hedging instruments
Relating to investment portfolio:
Foreign exchange contracts		Net realized investment losses				$	(5,343	)		$	—			$	(4,620	)		$	—
Interest rate futures		Net realized investment losses					(37,942	)			—				(54,201	)			—

						$	(43,285	)		$	—			$	(58,821	)		$	—

Relating to operating activities and capital management:
Foreign exchange contracts		Foreign exchange (losses) gains				$	(8,075	)		$	4,832			$	(5,474	)		$	3,420
Treasury yield hedge		Net realized investment losses					—				—				—				(3,958	)

Total derivatives						$	(51,360	)		$	4,832			$	(64,295	)		$	(538	)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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