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Variable Annuity Reinsurance and Weather Derivatives (Details)
3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
USD ($)
Sep. 30, 2011
USD ($)
Jun. 30, 2011
USD ($)
Mar. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Sep. 30, 2010
USD ($)
Jun. 30, 2010
USD ($)
Mar. 31, 2010
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2009
USD ($)
Dec. 31, 2011
JPY (¥)
Dec. 31, 2011
Fixed income/Interest rate
USD ($)
Dec. 31, 2010
Fixed income/Interest rate
USD ($)
Dec. 31, 2009
Fixed income/Interest rate
USD ($)
Dec. 31, 2010
Foreign exchange
USD ($)
Dec. 31, 2010
Equity
USD ($)
Dec. 31, 2009
Weather Derivatives
USD ($)
Dec. 31, 2011
Level 1 Inputs
USD ($)
Dec. 31, 2011
Level 2 Inputs
USD ($)
Dec. 31, 2011
Level 3 Inputs
USD ($)
Dec. 31, 2011
Fair Value
USD ($)
Dec. 31, 2011
Variable annuity reinsurance
USD ($)
Dec. 31, 2010
Variable annuity reinsurance
USD ($)
Dec. 31, 2009
Variable annuity reinsurance
USD ($)
Dec. 31, 2011
Variable annuity reinsurance
Level 1 Inputs
Foreign exchange
Cash
Citigroup
USD ($)
Dec. 31, 2010
Variable annuity reinsurance
Level 1 Inputs
Foreign exchange
Cash
Citigroup
USD ($)
Dec. 31, 2009
Variable annuity reinsurance
Level 1 Inputs
Foreign exchange
Cash
Citigroup
USD ($)
Dec. 31, 2011
Variable annuity reinsurance
Level 1 Inputs
Equity
Cash
Citigroup
USD ($)
Dec. 31, 2010
Variable annuity reinsurance
Level 1 Inputs
Equity
Cash
Citigroup
USD ($)
Dec. 31, 2009
Variable annuity reinsurance
Level 1 Inputs
Equity
Cash
Citigroup
USD ($)
Dec. 31, 2011
WM Life Re
USD ($)
Dec. 31, 2010
WM Life Re
USD ($)
Dec. 31, 2009
WM Life Re
USD ($)
Dec. 31, 2011
WM Life Re
Citigroup
USD ($)
Dec. 31, 2011
WM Life Re
Royal Bank of Scotland
USD ($)
Dec. 31, 2011
WM Life Re
Bank of America
USD ($)
Dec. 31, 2011
WM Life Re
JP Morgan Chase
USD ($)
Dec. 31, 2011
WM Life Re
Nomura
USD ($)
Dec. 31, 2011
WM Life Re
Barclays
USD ($)
Dec. 31, 2011
WM Life Re
Goldman Sachs
USD ($)
Dec. 31, 2011
WM Life Re
Cash
USD ($)
Dec. 31, 2010
WM Life Re
Cash
USD ($)
Dec. 31, 2011
WM Life Re
Fixed maturity investments.
USD ($)
Dec. 31, 2010
WM Life Re
Fixed maturity investments.
USD ($)
Dec. 31, 2011
WM Life Re
Short-term investments
USD ($)
Dec. 31, 2010
WM Life Re
Short-term investments
USD ($)
Variable annuity reinsurance                                                                                              
Total guarantee value $ 3,000,000,000               $ 3,000,000,000     ¥ 233,700,000,000                                                                      
Collective account values of underlying variable annuities as a percentage of the guarantee value 78.00%               78.00%                                                                            
Pre-tax operating results of WM Life Re                                                                                              
Fees, included in other revenues                                                               32,500,000 30,200,000 28,500,000                          
Change in fair value of variable annuity liability, included in other revenues                                             7,200,000 47,700,000 22,400,000             (156,500,000) (223,500,000) 77,100,000                          
Change in fair value of derivatives, included in other revenues                 92,900,000 127,000,000 (158,400,000)   8,900,000 17,600,000 8,000,000       10,700,000 67,700,000 14,500,000 92,900,000       29,500,000 144,600,000 (69,500,000) 54,500,000 (35,200,000) (96,900,000) 92,900,000 127,000,000 (158,400,000)                          
Foreign exchange, included in other revenues                                                               15,100,000 21,400,000 (3,900,000)                          
Other investment income and gain (loss)                                                               (900,000) (900,000) (1,400,000)                          
Total revenues 593,600,000 501,300,000 553,600,000 529,600,000 552,800,000 551,000,000 670,800,000 792,100,000 2,178,100,000 2,566,700,000 3,443,300,000                                         (16,900,000) (45,800,000) (58,100,000)                          
Change in fair value of variable annuity death benefit liabilities, included in other expenses                                                               (1,800,000) (6,000,000) 9,300,000                          
Death benefit claims paid, included in other expenses                                                               (3,800,000) (2,700,000) (2,200,000)                          
General and administrative expenses                 (175,300,000) (155,100,000) (197,400,000)                                         (4,700,000) (6,300,000) (5,600,000)                          
Pre-tax loss 58,000,000 1,200,000 36,100,000 (33,700,000) 95,600,000 75,200,000 5,900,000 (23,600,000) 61,600,000 153,100,000 797,200,000                                         (27,200,000) (60,800,000) (56,600,000)                          
Changes in variable annuity liabilities                                                                                              
Balance of liabilities at the beginning of the period                                         (610,200,000)                                                    
Realized and unrealized gains (losses)                                         (158,300,000)                                                    
Balance of liabilities at the end of the period                                         (768,500,000)                                                    
Changes in derivative instruments                                                                                              
Balance of assets at the beginning of the period       347,500,000         347,500,000       43,900,000     225,300,000 78,300,000     72,200,000 275,300,000 347,500,000                                                  
Purchases                                         5,000,000 5,000,000                                                  
Realized and unrealized gains (losses)                 92,900,000 127,000,000 (158,400,000)   8,900,000 17,600,000 8,000,000       10,700,000 67,700,000 14,500,000 92,900,000       29,500,000 144,600,000 (69,500,000) 54,500,000 (35,200,000) (96,900,000) 92,900,000 127,000,000 (158,400,000)                          
Sales/settlements                                     (6,600,000) (100,700,000) (47,700,000) (155,000,000)                                                  
Balance of assets at the end of the period 290,400,000       347,500,000       290,400,000 347,500,000     31,100,000 43,900,000   225,300,000 78,300,000   4,100,000 39,200,000 247,100,000 290,400,000       161,300,000     98,000,000                                    
Realized and unrealized derivative gains (losses) recognized in other revenues and carrying values of instruments                                                                                              
Realized and unrealized derivative gains (losses) recognized in other revenues                 92,900,000 127,000,000 (158,400,000)   8,900,000 17,600,000 8,000,000       10,700,000 67,700,000 14,500,000 92,900,000       29,500,000 144,600,000 (69,500,000) 54,500,000 (35,200,000) (96,900,000) 92,900,000 127,000,000 (158,400,000)                          
Carrying value 290,400,000       347,500,000       290,400,000 347,500,000     31,100,000 43,900,000   225,300,000 78,300,000   4,100,000 39,200,000 247,100,000 290,400,000       161,300,000     98,000,000                                    
Credit risk on derivative instruments                                                                                              
OTC derivative instruments                                                               295,400,000 351,500,000                            
Collateral held                                                               73,200,000 101,000,000                 (453,500,000) (291,100,000) (31,200,000) (3,300,000) (600,000) (31,600,000)
Collateral provided                                                               83,000,000 25,300,000                       (48,600,000) (73,200,000) (52,400,000)
Cash and short-term investments held and posted as collateral to its reinsurance counterparties                                                               485,300,000 326,000,000                            
Net exposure to credit losses on fair value of OTC instruments                                                               305,200,000 275,800,000   67,700,000 82,500,000 54,200,000 34,200,000 31,900,000 25,100,000 9,600,000            
Number of creditworthiness ratings                                                               21                              
Adjustments for counterparty credit risk                                                               (9,100,000) (4,000,000)                            
Weather Derivatives                                                                                              
Net losses recognized on weather derivatives and weather contingent derivatives portfolio                                   $ 2,600,000