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FAIR VALUE MEASUREMENTS (DETAILS 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Fixed Maturities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period $ 34,693 $ 280,649 $ 34,817 $ 70,931
Transfers into Level 3 0 0 128 8,382
Transfers out of Level 3 0 (214,435) 0 (214,435)
Included in earnings 0 0 0 1,438
Included in OCI 250 547 135 969
Purchases 0 0 0 212,889
Sales 0 0 0 (13,290)
Settlements / distributions (127) (851) (264) (974)
Balance at end of period 34,816 65,910 34,816 65,910
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 576,848 481,407 557,055 422,431
Transfers into Level 3 0 29,953 0 29,953
Transfers out of Level 3 0 0 0 0
Included in earnings 18,294 12,034 33,173 40,515
Included in OCI 0 0 0 0
Purchases 16,722 1,796 37,512 54,232
Sales 0 0 0 0
Settlements / distributions (10,483) (23,694) (26,359) (45,635)
Balance at end of period 601,381 501,496 601,381 501,496
Change in unrealized investment gain/loss relating to assets held at the reporting date 18,294 12,034 33,173 40,515
Other Assets [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 1,707 0 984 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 293 0 5,011 0
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (2,000) 0 (5,995) 0
Balance at end of period 0 0 0 0
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
Total Assets [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 613,248 762,056 592,856 493,362
Transfers into Level 3 0 29,953 128 38,335
Transfers out of Level 3 0 (214,435) 0 (214,435)
Included in earnings 18,587 12,034 38,184 41,953
Included in OCI 250 547 135 969
Purchases 16,722 1,796 37,512 267,121
Sales 0 0 0 (13,290)
Settlements / distributions (12,610) (24,545) (32,618) (46,609)
Balance at end of period 636,197 567,406 636,197 567,406
Change in unrealized investment gain/loss relating to assets held at the reporting date 18,294 12,034 33,173 40,515
Total Liabilities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 0 0 815 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings (90) 0 896 0
Included in OCI 0 0 0 0
Purchases 840 0 840 0
Sales 0 0 0 0
Settlements / distributions 0 0 (1,801) 0
Balance at end of period 750 0 750 0
Change in unrealized investment gain/loss relating to assets held at the reporting date (90) 0 (90) 0
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 0 0 0 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 1,550
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 (3,100)
Settlements / distributions 0 0 0 0
Balance at end of period 0 0 0 0
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 1,300 0 1,110
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 (1,223) 0 (1,223)
Included in earnings 0 0 0 0
Included in OCI 0 (77) 0 135
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions 0 0 0 (22)
Balance at end of period 0 0 0 0
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
CMBS [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 3,969 12,600 4,018 4,296
Transfers into Level 3 0 0 0 8,382
Transfers out of Level 3 0 0 0 0
Included in earnings 0 0 0 0
Included in OCI (23) (69) (43) (147)
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (13) (746) (42) (746)
Balance at end of period 3,933 11,785 3,933 11,785
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 30,724 266,749 30,799 63,975
Transfers into Level 3 0 0 128 0
Transfers out of Level 3 0 (213,212) 0 (213,212)
Included in earnings 0 0 0 (112)
Included in OCI 273 693 178 981
Purchases 0 0 0 212,889
Sales 0 0 0 (10,190)
Settlements / distributions (114) (105) (222) (206)
Balance at end of period 30,883 54,125 30,883 54,125
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 464,666 414,716 461,055 359,996
Transfers into Level 3 0 29,953 0 29,953
Transfers out of Level 3 0 0 0 0
Included in earnings 12,746 6,962 20,923 25,490
Included in OCI 0 0 0 0
Purchases 3,000 0 7,500 50,000
Sales 0 0 0 0
Settlements / distributions (3,604) (7,411) (12,670) (21,219)
Balance at end of period 476,808 444,220 476,808 444,220
Change in unrealized investment gain/loss relating to assets held at the reporting date 12,746 6,962 20,923 25,490
Direct Lending 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 26,003 2,436 22,134 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 367 0 919 0
Included in OCI 0 0 0 0
Purchases 7,300 1,796 10,745 4,232
Sales 0 0 0 0
Settlements / distributions (203) 0 (331) 0
Balance at end of period 33,467 4,232 33,467 4,232
Change in unrealized investment gain/loss relating to assets held at the reporting date 367 0 919 0
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 86,179 64,255 73,866 62,435
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 5,181 5,072 11,331 15,025
Included in OCI 0 0 0 0
Purchases 6,422 0 19,267 0
Sales 0 0 0 0
Settlements / distributions (6,676) (16,283) (13,358) (24,416)
Balance at end of period 91,106 53,044 91,106 53,044
Change in unrealized investment gain/loss relating to assets held at the reporting date 5,181 5,072 11,331 15,025
Derivative [Member] | Other Assets [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 1,707 0 984 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings 293 0 5,011 0
Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements / distributions (2,000) 0 (5,995) 0
Balance at end of period 0 0 0 0
Change in unrealized investment gain/loss relating to assets held at the reporting date 0 0 0 0
Derivative [Member] | Other Liabilities [Member]
       
Changes in Level 3 Financial Instruments Measured at Fair Value on a Recurring Basis [Line Items]        
Balance at beginning of period 0 0 815 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Included in earnings (90) 0 896 0
Included in OCI 0 0 0 0
Purchases 840 0 840 0
Sales 0 0 0 0
Settlements / distributions 0 0 (1,801) 0
Balance at end of period 750 0 750 0
Change in unrealized investment gain/loss relating to assets held at the reporting date $ (90) $ 0 $ (90) $ 0