Note 13 Comprehensive Income (Loss)

3 Months Ended

Sep. 30, 2011

Disclosure Text Block [Abstract]

Note 13 Comprehensive Income (Loss)

Note 13.          Comprehensive Income (Loss)

The components of comprehensive income (loss) include: (i) net income or loss reported in the Condensed Consolidated Statements of Operations; (ii) the after-tax net unrealized gains and losses on investment securities available for sale, including the subsequent increases and decreases in fair value of available-for-sale securities previously impaired; and (iii) the non-credit related component of other-than-temporary impairments of fixed maturities, net of tax.

The comprehensive income for the three months and nine months ended September 30, 2011 and 2010 is summarized as follows (in thousands):

				Three Months Ended				Nine Months Ended
				September 30,				September 30,
				2011		2010		2011		2010
Net income			$	4,011	$	5,030	$	11,275	$	23,543
Net change in unrealized gains (losses):
	Unrealized gains arising
		during the period, net of income taxes		3,709		8,678		8,712		17,609
	Net change in non-credit portion of other-than-
		temporary impairment losses, net of tax		(115)		(410)		(115)		(410)
Comprehensive income				7,605		13,298		19,872		40,742
Less comprehensive income attributable to
	noncontrolling interests			(591)		(610)		(1,887)		(1,391)
Comprehensive income attributable to IHC			$	7,014	$	12,688	$	17,985	$	39,351

Included in accumulated other comprehensive income at September 30, 2011 and December 31, 2010 are after-tax impairments losses of $1,247,000 and $1,132,000, respectively, related to the non-credit related component of other-than-temporary impairment losses.