XML 54 R43.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investments (Gross unrealized gains and losses on fixed maturities) (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost $ 5,547,838 $ 5,556,900
Short-term investments, at amortized cost or cost 2,481,573 1,941,615
Other investments, at amortized cost or cost 371,668 315,963
Total investments 8,401,079 7,814,478
Gross unrealized gains 85,914 36,781
Gross unrealized losses (34,551) (62,437)
Total fixed maturities 5,576,341 5,510,331
Total short-term investments 2,481,406 1,941,635
Total other investments 394,695 336,856
Total investments 8,452,442 7,788,822
Managed investments    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 5,392,839 5,369,053
Short-term investments, at amortized cost or cost 197,970 237,349
Other investments, at amortized cost or cost 371,668 315,963
Total investments 5,962,477 5,922,365
Fixed maturities, gross unrealized gains 57,659 12,724
Short term investments, gross unrealized gains 0 20
Other investments, gross unrealized gains 25,365 23,402
Gross unrealized gains 83,024 36,146
Fixed maturities, gross unrealized losses (30,548) (57,825)
Short term investments, gross unrealized losses (167) 0
Other investments, gross unrealized losses (2,338) (2,509)
Gross unrealized losses (33,053) (60,334)
Total fixed maturities 5,419,950 5,323,952
Total short-term investments 197,803 237,369
Total other investments 394,695 336,856
Total investments 6,012,448 5,898,177
Managed investments | U.S. government and government agency    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 833,897 940,428
Fixed maturities, gross unrealized gains 4,088 333
Fixed maturities, gross unrealized losses (439) (3,559)
Total fixed maturities 837,546 937,202
Managed investments | Non-U.S. government and government agency    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 251,863 241,549
Fixed maturities, gross unrealized gains 1,503 257
Fixed maturities, gross unrealized losses (4,976) (3,838)
Total fixed maturities 248,390 237,968
Managed investments | U.S. states, municipalities and political subdivisions    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 278,172 299,929
Fixed maturities, gross unrealized gains 5,585 2,322
Fixed maturities, gross unrealized losses (396) (962)
Total fixed maturities 283,361 301,289
Managed investments | Agency residential mortgage-backed securities    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 644,403 606,676
Fixed maturities, gross unrealized gains 13,980 6,361
Fixed maturities, gross unrealized losses (507) (2,455)
Total fixed maturities 657,876 610,582
Managed investments | Non-agency residential mortgage-backed securities    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 21,142 27,025
Fixed maturities, gross unrealized gains 160 310
Fixed maturities, gross unrealized losses (687) (415)
Total fixed maturities 20,615 26,920
Managed investments | U.S. corporate    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 1,509,117 1,503,614
Fixed maturities, gross unrealized gains 19,102 1,594
Fixed maturities, gross unrealized losses (1,542) (15,257)
Total fixed maturities 1,526,677 1,489,951
Managed investments | Non-U.S. corporate    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 434,621 453,178
Fixed maturities, gross unrealized gains 3,611 797
Fixed maturities, gross unrealized losses (6,600) (7,405)
Total fixed maturities 431,632 446,570
Managed investments | Bank loans    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 598,847 592,981
Fixed maturities, gross unrealized gains 1,635 275
Fixed maturities, gross unrealized losses (12,945) (17,045)
Total fixed maturities 587,537 576,211
Managed investments | Asset-backed securities    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 484,480 440,363
Fixed maturities, gross unrealized gains 2,607 344
Fixed maturities, gross unrealized losses (1,568) (3,583)
Total fixed maturities 485,519 437,124
Managed investments | Commercial mortgage-backed securities    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 336,297 263,310
Fixed maturities, gross unrealized gains 5,388 131
Fixed maturities, gross unrealized losses (888) (3,306)
Total fixed maturities 340,797 260,135
Managed investments | Fund of hedge funds    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 1,457 1,457
Other investments, gross unrealized gains 0 0
Other investments, gross unrealized losses (498) (40)
Total other investments 959 1,417
Managed investments | Hedge funds    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 12,073 14,018
Other investments, gross unrealized gains 5,983 6,962
Other investments, gross unrealized losses 0 0
Total other investments 18,056 20,980
Managed investments | Private equity investments    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 69,353 53,489
Other investments, gross unrealized gains 16,157 12,751
Other investments, gross unrealized losses (1,840) (2,469)
Total other investments 83,670 63,771
Managed investments | Fixed income investment funds    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 232,614 188,121
Other investments, gross unrealized gains 823 600
Other investments, gross unrealized losses 0 0
Total other investments 233,437 188,721
Managed investments | Overseas deposits    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 53,246 54,484
Other investments, gross unrealized gains 0 0
Other investments, gross unrealized losses 0 0
Total other investments 53,246 54,484
Managed investments | Mutual funds    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Other investments, at amortized cost or cost 2,925 4,394
Other investments, gross unrealized gains 2,402 3,089
Other investments, gross unrealized losses 0 0
Total other investments 5,327 7,483
Non-managed investments    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 154,999 187,847
Short-term investments, at amortized cost or cost 2,283,603 1,704,266
Total investments 2,438,602 1,892,113
Short term investments, gross unrealized gains 0 0
Gross unrealized gains 2,890 635
Short term investments, gross unrealized losses 0 0
Gross unrealized losses (1,498) (2,103)
Total fixed maturities 156,391 186,379
Total short-term investments 2,283,603 1,704,266
Total investments 2,439,994 1,890,645
Non-managed investments | Catastrophe bonds    
Amortized cost (or cost), gross unrealized gains and (losses) and estimated fair value of investments    
Fixed maturities, at amortized cost or cost 154,999 187,847
Fixed maturities, gross unrealized gains 2,890 635
Fixed maturities, gross unrealized losses (1,498) (2,103)
Total fixed maturities $ 156,391 $ 186,379