XML 43 R133.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in Unconsolidated Affiliates (Symetra) (Details) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended 1 Months Ended 3 Months Ended
Dec. 31, 2012
Symetra
Dec. 31, 2011
Symetra
technic
Dec. 31, 2010
Symetra
Dec. 31, 2012
Common shareholders’ equity
Symetra
Dec. 31, 2011
Common shareholders’ equity
Symetra
Dec. 31, 2010
Common shareholders’ equity
Symetra
Dec. 31, 2012
Warrants
Symetra
Dec. 31, 2011
Warrants
Symetra
Dec. 31, 2010
Warrants
Symetra
Jan. 31, 2010
IPO
Symetra
Mar. 31, 2010
IPO
Symetra
Dec. 31, 2011
Minimum
Symetra
Dec. 31, 2011
Maximum
Symetra
Dec. 31, 2012
HG Global
Investments in unconsolidated affiliates                            
Shares of symetra financial corporation owned (in shares) 17,400,000                          
Price per share                   $ 12        
Investments in unconsolidated affiliates on conversion of warrants 9,500,000                          
Non-cumulative perpetual preference shares issued                   25,300,000        
Number of shares sold in transaction by existing shareholders                   9,700,000        
Ownership percentage before transaction                     24.00%      
Ownership percentage after transaction                     20.00%      
Decrease in carrying value of wymetra from dilution                   $ 16.0        
Fair value of investment   261.0                        
Estimated fair value of investment per share   $ 15                   $ 16 $ 30  
After-tax equity in losses of unconsolidated affiliates   45.9                        
Equity in net unrealized losses increase relating to amortization of common share impairment   136.6   13.1                    
Ownership interest (as a percent) 15.00%                         97.30%
Number of valuation techniques   3                        
Difference between fair value and carrying amount   195.8                        
Term of amortization (in years) 30 years                          
After tax amortization through equity in earnings 3.3                          
After tax amortization through equity in net unrealized losses 12.1                          
Pre-tax unamortized basis difference 179.2                          
Risk free interest rate (as a percent) 0.21%                          
Volatility rate (as a percent) 38.90%                          
Expected life (in years) 1 year 7 months 6 days                          
Class of warrant or right fair value assumptions per strike price $ 11.49                          
Per share price, class of warrant (in dollars per share)                           $ 12.98
Divendends received 4.9 4.0 2.6 4.9 4.0 2.6 0 0 0          
Cash dividends received on warrants             $ 2.7