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Note 5 - Fair Value of Financial Instruments Fair Value Assets Liabilities by Hierarchy Level (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Fair Value by Hierarchy Level Assets and Liabilities      
Derivative Assets $ 13,609,000 $ 17,212,000  
Derivative liabilities 266,873,000 126,006,000 723,579,000
VIE debt - at fair value 108,858,000 228,240,000 520,114,000
Fixed-maturities held to maturity 676,000 2,748,000  
NIMS VIEs [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
Derivative Assets 1,585,000 1,602,000  
VIE debt - at fair value 9,875,000 9,450,000  
Consolidated Financial Guaranty Insurance Contracts [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
Derivative Assets 0 0  
Derivative liabilities 70,467,000 19,501,000  
VIE debt - at fair value 98,983,000 218,790,000  
Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 5,103,000,000 [1] 5,719,900,000 [2]  
Derivative Assets 13,600,000 17,200,000  
Other Assets 99,200,000 [3] 104,000,000 [4]  
Total Assets at Fair Value 5,215,800,000 5,841,100,000  
Derivative liabilities 266,900,000 126,000,000  
VIE debt - at fair value 108,900,000 [5] 228,200,000 [6]  
Total Liabilities at Fair Value 375,800,000 354,200,000  
Fair Value, Measurements, Recurring | Carrying (Reported) Amount, Fair Value Disclosure [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
Fixed-maturities held to maturity 700,000 2,600,000  
Other invested assets fair value disclosure 48,700,000 61,000,000  
US government and agency securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 571,600,000 1,110,500,000  
State and municipal obligations | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 688,000,000 1,047,500,000  
Money market instruments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 638,000,000 723,200,000  
Corporate bonds and notes | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,373,600,000 700,500,000  
RMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 663,400,000 930,200,000  
CMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 237,300,000 225,800,000  
CDO | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   5,500,000  
Other ABS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 254,100,000 99,900,000  
Foreign government securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 117,700,000 102,900,000  
Hybrid securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 211,900,000 346,300,000  
Equity securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 265,900,000 [7] 269,200,000 [7]  
Other investments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 81,500,000 [8] 158,400,000 [9]  
Fair Value, Inputs, Level 1 | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 874,700,000 [1] 1,226,100,000 [2]  
Derivative Assets 0 0  
Other Assets 0 [3] 0 [4]  
Total Assets at Fair Value 874,700,000 1,226,100,000  
Derivative liabilities 0 0  
VIE debt - at fair value 0 [5] 0 [6]  
Total Liabilities at Fair Value 0 0  
Fair Value, Inputs, Level 1 | US government and agency securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 137,800,000 386,900,000  
Fair Value, Inputs, Level 1 | State and municipal obligations | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | Money market instruments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 638,000,000 723,200,000  
Fair Value, Inputs, Level 1 | Corporate bonds and notes | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | RMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | CMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | CDO | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   0  
Fair Value, Inputs, Level 1 | Other ABS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | Foreign government securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | Hybrid securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 1 | Equity securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 98,900,000 [7] 116,000,000 [7]  
Fair Value, Inputs, Level 1 | Other investments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 [8] 0 [9]  
Fair Value, Inputs, Level 2 | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 4,127,600,000 [1] 4,329,600,000 [2]  
Derivative Assets 0 200,000  
Other Assets 0 [3] 0 [4]  
Total Assets at Fair Value 4,127,600,000 4,329,800,000  
Derivative liabilities 0 0  
VIE debt - at fair value 0 [5] 0 [6]  
Total Liabilities at Fair Value 0 0  
Fair Value, Inputs, Level 2 | Trust Preferred Securities [Member] | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 900,000    
Fair Value, Inputs, Level 2 | US government and agency securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 433,800,000 723,600,000  
Fair Value, Inputs, Level 2 | State and municipal obligations | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 669,000,000 985,000,000  
Fair Value, Inputs, Level 2 | Money market instruments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 2 | Corporate bonds and notes | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,373,600,000 700,500,000  
Fair Value, Inputs, Level 2 | RMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 663,400,000 884,700,000  
Fair Value, Inputs, Level 2 | CMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 237,300,000 190,400,000  
Fair Value, Inputs, Level 2 | CDO | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   0  
Fair Value, Inputs, Level 2 | Other ABS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 252,400,000 97,000,000  
Fair Value, Inputs, Level 2 | Foreign government securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 117,700,000 102,900,000  
Fair Value, Inputs, Level 2 | Hybrid securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 211,900,000 341,500,000  
Fair Value, Inputs, Level 2 | Equity securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 166,000,000 [7] 152,400,000 [7]  
Fair Value, Inputs, Level 2 | Other investments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 2,500,000 [8] 151,600,000 [9]  
Fair Value, Inputs, Level 2 | Committed Preferred Securities CPS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   150,000,000  
Fair Value, Inputs, Level 2 | Short Term CDs | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,600,000 1,600,000  
Fair Value, Inputs, Level 3
     
Fair Value by Hierarchy Level Assets and Liabilities      
Number Of Consolidated Other Financial Guaranty Transactions 2 2  
Fair Value, Inputs, Level 3 | Consolidated Financial Guaranty Insurance Contracts [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
VIE debt - at fair value 99,000,000    
Number Of Consolidated Other Financial Guaranty Transactions 2    
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 100,700,000 [1] 164,200,000 [2]  
Derivative Assets 13,600,000 17,000,000  
Other Assets 99,200,000 [3] 104,000,000 [4]  
Total Assets at Fair Value 213,500,000 285,200,000  
Derivative liabilities 266,900,000 126,000,000  
VIE debt - at fair value 108,900,000 [5] 228,200,000 [6]  
Total Liabilities at Fair Value 375,800,000 354,200,000  
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | NIMS VIEs [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
VIE debt - at fair value 9,900,000 9,400,000  
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | Consolidated Financial Guaranty Insurance Contracts [Member]
     
Fair Value by Hierarchy Level Assets and Liabilities      
VIE debt - at fair value 99,000,000 218,800,000  
Fair Value, Inputs, Level 3 | US government and agency securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 3 | State and municipal obligations | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 19,000,000 62,500,000  
Fair Value, Inputs, Level 3 | Money market instruments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 3 | Corporate bonds and notes | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 3 | RMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 45,500,000  
Fair Value, Inputs, Level 3 | CMBS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 35,400,000  
Fair Value, Inputs, Level 3 | CDO | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   5,500,000  
Fair Value, Inputs, Level 3 | Other ABS | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,700,000 2,900,000  
Fair Value, Inputs, Level 3 | Foreign government securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 0  
Fair Value, Inputs, Level 3 | Hybrid securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 0 4,800,000  
Fair Value, Inputs, Level 3 | Equity securities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,000,000 [7] 800,000 [7]  
Fair Value, Inputs, Level 3 | Other investments | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 79,000,000 [8] 6,800,000 [9]  
Fair Value, Inputs, Level 3 | Lottery Annuities
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   1,600,000  
Fair Value, Inputs, Level 3 | Lottery Annuities | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 1,000,000    
Fair Value, Inputs, Level 3 | Guaranteed Investment Contract Held by a Consolidated VIE [Member] | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value 78,000,000    
Fair Value, Inputs, Level 3 | Trust Preferred Securities Held by Consolidated VIE [Member] | Fair Value, Measurements, Recurring
     
Fair Value by Hierarchy Level Assets and Liabilities      
Total Investments at Fair Value   $ 5,200,000  
[1] Does not include fixed-maturities held to maturity ($0.7 million) and certain other invested assets ($48.7 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value.
[2] Does not include fixed-maturities held to maturity ($2.6 million) and other invested assets ($61.0 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value.
[3] Primarily comprising manufactured housing loan collateral related to two consolidated financial guaranty VIEs.
[4] Comprising manufactured housing loan collateral related to two consolidated financial guaranty VIEs.
[5] Comprising consolidated debt related to NIMS VIEs ($9.9 million) and amounts related to financial guaranty VIEs ($99.0 million).
[6] Comprising consolidated debt related to NIMS VIEs ($9.4 million) and amounts related to financial guaranty VIEs ($218.8 million).
[7] Comprising broadly diversified domestic equity mutual funds included within Level I and various preferred and common stocks invested across numerous companies and industries included within Levels II and III.
[8] Comprising TruPs ($0.9 million) and short-term CDs ($1.6 million) included within Level II and lottery annuities ($1.0 million) and a guaranteed investment contract held by a consolidated VIE ($78.0 million) within Level III.
[9] Comprising short-term commercial paper within CPS trusts ($150.0 million) and short-term CDs ($1.6 million ) included within Level II and lottery annuities ($1.6 million) and TruPs held by consolidated VIEs ($5.2 million) included within Level III.