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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows used in operating activities$ (766,120)$ (947,468)
Cash flows from investing activities:  
Proceeds from sales of fixed-maturity investments available for sale136,1231,216,270
Proceeds from sales of equity securities available for sale6446,329
Proceeds from sales of trading securities4,462,0414,070,396
Proceeds from redemptions of fixed-maturity investments available for sale30,74644,939
Proceeds from redemptions of fixed-maturity investments held to maturity7,2506,810
Purchases of trading securities(4,184,608)(5,128,531)
Sales and redemptions of short-term investments, net481,96970,019
Purchases of other invested assets, net(2,817)(28,197)
Proceeds from the sale of investment in affiliate0172,017
Purchases of property and equipment, net(2,776)(1,864)
Net cash provided by (used in) investing activities928,572428,188
Cash flows from financing activities:  
Dividends paid(1,001)(868)
Redemption of long-term debt(160,000)(29,348)
Issuance of common stock0525,887
Net cash (used in) provided by financing activities(161,001)495,671
Effect of exchange rate changes on cash781,594
Increase (decrease) in cash1,529(22,015)
Cash, beginning of period20,33441,574
Cash, end of period21,86319,559
Supplemental disclosures of cash flow information:  
Income taxes (received) paid(69)3,375
Interest paid$ 34,660$ 27,726