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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net income $ 309,508 $ 74,101 $ 69,178
Adjustments to reconcile net income to net cash used in operating activities:      
Amortization of deferred (gain) and (gains) losses on disposal of businesses (364,509) (9,092) 5,147
Depreciation and amortization 1,779 4,657 4,851
Net realized gains on investments [1] (162,943) (10,021) (16,341)
Change in modified coinsurance assets [1] (29,704) 0 0
Goodwill impairment 17,285 0 0
Changes in operating assets and liabilities:      
Change in reinsurance recoverable (7,647) (120) (149)
Change in premiums and accounts receivable 40,469 2,981 (6,153)
Change in insurance policy reserves and expenses (76,163) (104,924) (111,616)
Change in accounts payable and other liabilities (27,729) 7,348 2,865
Change in income taxes (66,613) 14,451 13,526
Other (30,445) (5,967) (4,011)
Net cash used in operating activities (396,712) (26,586) (42,703)
Sales of:      
Fixed maturity securities available for sale 264,957 266,522 267,664
Equity securities available for sale 34,523 44,448 26,838
Other invested assets 16,757 85,780 28,780
Subsidiary, net of cash transferred [1] 880,507 0 0
Commercial mortgage loans on real estate [2] 51,176 0 0
Maturities, calls, prepayments, and scheduled redemption of:      
Fixed maturity securities available for sale 66,312 109,789 156,961
Commercial mortgage loans on real estate 27,954 123,293 103,127
Purchases of:      
Fixed maturity securities available for sale (478,095) (308,162) (347,194)
Equity securities available for sale (39,886) (64,712) (55,202)
Commercial mortgage loans on real estate (8,398) (43,665) (40,550)
Other invested assets (2,597) (6,677) (12,223)
Change in short-term investments (145,036) (44,634) 353
Change in collateral held under securities lending 0 42,941 (712)
Change in policy loans 1,196 1,632 798
Net cash provided by investing activities 669,370 206,555 128,640
Financing activities      
Cash dividends paid (379,333) (83,000) (97,000)
Capital contribution from affiliated entity [1] 54,271 0 0
Change in obligation under securities lending 0 (42,941) 712
Net cash used in financing activities (325,062) (125,941) (96,288)
Cash included in held for sale assets 1,181 (1,181) 0
Change in cash and cash equivalents (51,223) 52,847 (10,351)
Cash and cash equivalents at beginning of period 60,137 7,290 17,641
Cash and cash equivalents at end of period 8,914 60,137 7,290
Supplemental information:      
Income taxes paid $ 273,169 $ 26,570 $ 34,917
[1] Related to the sale of Assurant Employee Benefits segment mainly through reinsurance transactions.
[2] For further information see Note 3.