XML 93 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
Premium Deficiency Reserve (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Premium Deficiency Reserve [Abstract]      
Present value of expected future premium $ 432,000,000 $ 445,000,000 $ 494,000,000
Present value of expected future paid losses and expenses (1,101,000,000) (1,285,000,000) (1,455,000,000)
Net present value of future cash flows (669,000,000) (840,000,000) (961,000,000)
Established loss reserves 621,000,000 766,000,000 826,000,000
Net deficiency (48,461,000) (73,781,000) (135,000,000)
Discount rate utilized 1.60% 1.30% 2.30%
Change in premium deficiency reserve 26,000,000 61,000,000 44,000,000
Premium Deficiency Reserve [Roll Forward]      
Premium Deficiency Reserve at beginning of period (73,781,000) (135,000,000) (179,000,000)
Paid claims and loss adjustment expenses 214,000,000 279,000,000 334,000,000
Decrease in loss reserves (145,000,000) (60,000,000) (249,000,000)
Premium earned (96,000,000) (102,000,000) (120,000,000)
Effects of present valuing on future premiums, losses and expenses (1,000,000) (1,000,000) (8,000,000)
Change in premium deficiency reserve to reflect actual premium, losses and expenses recognized (28,000,000) 116,000,000 (43,000,000)
Change in premium deficiency reserve to reflect change in assumptions relating to future premiums, losses expenses and discount rate 54,000,000 [1] (55,000,000) [1] 87,000,000 [1]
Premium Deficiency Reserve at end of period $ (48,461,000) $ (73,781,000) $ (135,000,000)
[1] A positive (negative) number for changes in assumptions relating to premiums, losses, expenses and discount rate indicates a redundancy (deficiency) of prior premium deficiency reserves.