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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows used in operating activities $ (154,447) $ (260,863)
Cash flows from investing activities:    
Proceeds from sales of fixed-maturity investments available for sale 15,973 515
Proceeds from sales of equity securities available for sale 3,154 376
Proceeds from sales of trading securities 450,214 313,036
Proceeds from redemptions of fixed-maturity investments available for sale 1,917 8,594
Proceeds from redemptions of fixed-maturity investments held to maturity 0 2,195
Purchases of trading securities (304,512) (376,825)
Sales and redemptions of short-term investments, net 116,130 312,739
Sales (purchases) of other invested assets, net 682 (1,591)
Purchases of property and equipment, net (381) (760)
Net cash provided by investing activities 283,177 258,279
Cash flows from financing activities:    
Dividends paid (333) (333)
Redemption of long-term debt (132,215) 0
Net cash provided by financing activities (132,548) (333)
Effect of exchange rate changes on cash 13 1,792
Decrease in cash (3,805) (1,125)
Cash, beginning of period 35,589 20,334
Cash, end of period 31,784 19,209
Supplemental disclosures of cash flow information:    
Income taxes paid 732 826
Interest paid $ 8,061 $ 7,283