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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net cash flows provided by (used in) operating activities $ 75,256 $ (122,143)
Fixed maturity securities:    
Purchases (382,588) (511,679)
Sales 189,346 299,877
Maturities 253,488 183,587
Net sales (purchases) of short-term investments (142,735) 242,296
Net proceeds from paydowns on financial guaranty variable interest entities' assets 137,595 162,500
Other 51,607 4,246
Net cash flows provided by (used in) investing activities 106,713 380,827
Financing activities    
Dividends paid (16,425) (8,286)
Share activity under option and incentive plans (2,478) (2,312)
Net paydowns of financial guaranty variable interest entities' liabilities (192,882) (241,618)
Repayment of long-term debt (5,461) (5,095)
Net cash flows provided by (used in) financing activities (217,246) (257,311)
Effect of exchange rate changes 2,736 1,825
Increase (decrease) in cash (32,541) 3,198
Cash at beginning of period 214,544 108,389
Cash at end of period 182,003 111,587
Cash paid (received) during the period for:    
Income taxes 2,000 51,465
Interest $ 12,082 $ 12,190