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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2012
FAIR VALUE MEASUREMENTS  
Schedule of assets measured at fair value on recurring basis

 

 

 

 

As of March 31, 2012

 

 

 

Fair Value Measurements Using

 

 

 

Quoted Prices in

 

Significant Other

 

Significant

 

 

 

 

 

Active Markets for

 

Observable

 

Unobservable

 

 

 

($ in 000s)

 

Identical Assets

 

Inputs

 

Inputs

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Total

 

Trading securities

 

 

 

 

 

 

 

 

 

Mortgage-backed

 

$

 

$

 

$

 

$

 

ABS/CMO*

 

 

8

 

 

8

 

U.S. Government

 

 

 

 

 

Total trading securities

 

$

 

$

8

 

$

 

$

8

 

Available-for-sale securities

 

 

 

 

 

 

 

 

 

U.S. Agencies

 

$

 

$

73,431

 

$

 

$

73,431

 

Corporates

 

 

520,400

 

 

520,400

 

Mortgage-backed

 

 

267,650

 

 

267,650

 

ABS/CMO*

 

 

74,396

 

 

74,396

 

Non-U.S. govt. & agency

 

 

8,698

 

 

8,698

 

U.S. Government

 

 

16,074

 

 

16,074

 

States, political subdivisions and revenues

 

 

290,802

 

 

290,802

 

Equities

 

406,399

 

 

 

406,399

 

Total available-for-sale securities

 

$

406,399

 

$

1,251,451

 

$

 

$

1,657,850

 

Total

 

$

406,399

 

$

1,251,459

 

$

 

$

1,657,858

 

 

*Asset-backed & collateralized mortgage obligations

 

 

 

As of December 31, 2011

 

 

 

Fair Value Measurements Using

 

 

 

Quoted Prices in

 

Significant Other

 

Significant

 

 

 

 

 

Active Markets for

 

Observable

 

Unobservable

 

 

 

($ in 000s)

 

Identical Assets

 

Inputs

 

Inputs

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Total

 

Trading securities

 

 

 

 

 

 

 

 

 

Corporates

 

$

 

$

 

$

 

$

 

Mortgage-backed

 

 

7

 

 

7

 

ABS/CMO*

 

 

 

 

 

U.S. Government

 

 

 

 

 

Total trading securities

 

$

 

$

7

 

$

 

$

7

 

Available-for-sale securities

 

 

 

 

 

 

 

 

 

U.S. Agencies

 

$

 

$

113,819

 

$

 

$

113,819

 

Corporates

 

 

467,100

 

 

467,100

 

Mortgage-backed

 

 

248,986

 

 

248,986

 

ABS/CMO*

 

 

56,953

 

 

56,953

 

Non-U.S. govt. & agency

 

 

6,697

 

 

6,697

 

U.S. Government

 

 

16,172

 

 

16,172

 

States, political subdivisions and revenues

 

 

236,590

 

 

236,590

 

Equities

 

388,689

 

 

 

388,689

 

Total available-for-sale securities

 

$

388,689

 

$

1,146,317

 

$

 

$

1,535,006

 

Total

 

$

388,689

 

$

1,146,324

 

$

 

$

1,535,013

 

 

*Asset-backed & collateralized mortgage obligations