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FAIR VALUE MEASUREMENTS (DETAILS 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Fixed Maturities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period $ 51,965 $ 56,334 $ 50,878 $ 64,406
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (7,509)
Included in earnings 0 0 0 0
Included in OCI 164 1,573 1,427 1,627
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (635) (356) (811) (973)
Balance at end of period 51,494 57,551 51,494 57,551
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
Other Investments [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 425,694 554,113 412,804 519,296
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings (627) 11,511 24,295 36,542
Included in OCI 0 0 0 0
Purchases 0 75,000 0 120,000
Sales 0 0 0 (27,063)
Settlements / distributions (8,979) (16,974) (21,011) (25,125)
Balance at end of period 416,088 623,650 416,088 623,650
Change in unrealized investment gain/loss relating to assets held at the reporting date (627) 11,511 24,295 36,774
Total Assets [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 477,659 610,447 463,682 583,702
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (7,509)
Included in earnings (627) 11,511 24,295 36,542
Included in OCI 164 1,573 1,427 1,627
Purchases 0 75,000 0 120,000
Sales 0 0 0 (27,063)
Settlements / distributions (9,614) (17,330) (21,822) (26,098)
Balance at end of period 467,582 681,201 467,582 681,201
Change in unrealized investment gain/loss relating to assets held at the reporting date (627) 11,511 24,295 36,774
Corporate Debt [Member] | Fixed Maturities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 1,550 1,550 1,550 1,550
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions 0 0 0 0
Balance at end of period 1,550 1,550 1,550 1,550
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
Non-Agency RMBS [Member] | Fixed Maturities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 0 11,606 0 19,678
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (7,509)
Included in earnings 0 0 0 0
Included in OCI 0 18 0 72
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions 0 (356) 0 (973)
Balance at end of period 0 11,268 0 11,268
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
ABS [Member] | Fixed Maturities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 50,415 43,178 49,328 43,178
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 0 0 0 0
Included in OCI 164 1,555 1,427 1,555
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (635) 0 (811) 0
Balance at end of period 49,944 44,733 49,944 44,733
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
Hedge funds [Member] | Other Investments [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 314,603 389,645 296,101 358,277
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings (8,870) (457) 9,632 7,496
Included in OCI 0 0 0 0
Purchases 0 75,000 0 120,000
Sales 0 0 0 (21,585)
Settlements / distributions (3) (2,609) (3) (2,609)
Balance at end of period 305,730 461,579 305,730 461,579
Change in unrealized investment gain/loss relating to assets held at the reporting date (8,870) (457) 9,632 7,496
Credit funds [Member] | Other Investments [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 50,183 104,207 50,143 104,756
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings (1,391) 255 1,639 5,184
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 (5,478)
Settlements / distributions 0 (5,668) (2,990) (5,668)
Balance at end of period 48,792 98,794 48,792 98,794
Change in unrealized investment gain/loss relating to assets held at the reporting date (1,391) 255 1,639 5,416
CLO-Equities [Member] | Other Investments [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 60,908 60,261 66,560 56,263
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 9,634 11,713 13,024 23,862
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (8,976) (8,697) (18,018) (16,848)
Balance at end of period 61,566 63,277 61,566 63,277
Change in unrealized investment gain/loss relating to assets held at the reporting date $ 9,634 $ 11,713 $ 13,024 $ 23,862