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Note 4 - Fair Value of Financial Instruments Fair Value Assets Liabilities by Hierarchy Level (Details) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Fair Value by Hierarchy Level [Line Items]    
Derivative assets $ 6,429,000 $ 13,609,000
Derivative liabilities 430,898,000 266,873,000
VIE debt—at fair value 107,401,000 108,858,000
Fixed-maturities held to maturity 421,000 676,000
Consolidated Financial Guaranty Insurance Contracts [Member]
   
Fair Value by Hierarchy Level [Line Items]    
Derivative liabilities 66,752,000 70,467,000
VIE debt—at fair value 96,339,000 98,983,000
Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 5,569,100,000 [1] 5,103,000,000 [2]
Derivative assets 6,400,000 13,600,000
Other Assets 96,500,000 [3] 99,200,000 [3]
Total Assets at Fair Value 5,672,000,000 5,215,800,000
Derivative liabilities 430,900,000 266,900,000
VIE debt—at fair value 107,400,000 [4] 108,900,000 [5]
Total Liabilities at Fair Value 538,300,000 375,800,000
Fair Value, Measurements, Recurring | Carrying (Reported) Amount, Fair Value Disclosure [Member]
   
Fair Value by Hierarchy Level [Line Items]    
Fixed-maturities held to maturity 400,000 700,000
Other invested assets fair value disclosure 50,200,000 48,700,000
US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 1,199,600,000 571,600,000
State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 689,100,000 688,000,000
Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 631,700,000 638,000,000
Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 1,453,200,000 1,373,600,000
RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 599,500,000 663,400,000
CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 299,200,000 237,300,000
Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 221,600,000 254,100,000
Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value   117,700,000
Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 144,000,000 211,900,000
Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 251,300,000 [6] 265,900,000 [6]
Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 79,900,000 [7] 81,500,000 [8]
Fair Value, Inputs, Level 1 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 1,479,700,000 [1] 874,700,000 [2]
Derivative assets 0 0
Other Assets 0 [3] 0 [3]
Total Assets at Fair Value 1,479,700,000 874,700,000
Derivative liabilities 0 0
VIE debt—at fair value 0 [4] 0 [5]
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 [Line Items]    
Total Investments at Fair Value 734,100,000 137,800,000
Fair Value, Inputs, Level 1 | State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 631,700,000 638,000,000
Fair Value, Inputs, Level 1 | Corporate bonds and notes | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value   0
Fair Value, Inputs, Level 1 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 1 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 113,900,000 [6] 98,900,000 [6]
Fair Value, Inputs, Level 1 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 [7] 0 [8]
Fair Value, Inputs, Level 2 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 3,985,200,000 [1] 4,127,600,000 [2]
Derivative assets 0 0
Other Assets 0 [3] 0 [3]
Total Assets at Fair Value 3,985,200,000 4,127,600,000
Derivative liabilities 0 0
VIE debt—at fair value 0 [4] 0 [5]
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 [Line Items]    
Total Investments at Fair Value 900,000 900,000
Fair Value, Inputs, Level 2 | US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 465,500,000 433,800,000
Fair Value, Inputs, Level 2 | State and municipal obligations | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 669,900,000 669,000,000
Fair Value, Inputs, Level 2 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
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 [Line Items]    
Total Investments at Fair Value 1,450,500,000 1,373,600,000
Fair Value, Inputs, Level 2 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 599,500,000 663,400,000
Fair Value, Inputs, Level 2 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 296,100,000 237,300,000
Fair Value, Inputs, Level 2 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 220,100,000 252,400,000
Fair Value, Inputs, Level 2 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value   117,700,000
Fair Value, Inputs, Level 2 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 144,000,000 211,900,000
Fair Value, Inputs, Level 2 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 137,000,000 [6] 166,000,000 [6]
Fair Value, Inputs, Level 2 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 2,600,000 [7] 2,500,000 [8]
Fair Value, Inputs, Level 2 | Short Term CDs | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 1,700,000 1,600,000
Fair Value, Inputs, Level 3
   
Fair Value by Hierarchy Level [Line Items]    
Number Of Consolidated Other Financial Guaranty Transactions 2 2
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 104,200,000 [1] 100,700,000 [2]
Derivative assets 6,400,000 13,600,000
Other Assets 96,500,000 [3] 99,200,000 [3]
Total Assets at Fair Value 207,100,000 213,500,000
Derivative liabilities 430,900,000 266,900,000
VIE debt—at fair value 107,400,000 [4] 108,900,000 [5]
Total Liabilities at Fair Value 538,300,000 375,800,000
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | NIMS [Member]
   
Fair Value by Hierarchy Level [Line Items]    
VIE debt—at fair value 11,100,000 9,900,000
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring | Consolidated Financial Guaranty Insurance Contracts [Member]
   
Fair Value by Hierarchy Level [Line Items]    
VIE debt—at fair value 96,300,000 99,000,000
Fair Value, Inputs, Level 3 | US government and agency securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
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 [Line Items]    
Total Investments at Fair Value 19,200,000 19,000,000
Fair Value, Inputs, Level 3 | Money market instruments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
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 [Line Items]    
Total Investments at Fair Value 2,700,000 0
Fair Value, Inputs, Level 3 | RMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | CMBS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 3,100,000 0
Fair Value, Inputs, Level 3 | Other ABS | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 1,500,000 1,700,000
Fair Value, Inputs, Level 3 | Foreign government securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value   0
Fair Value, Inputs, Level 3 | Hybrid securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 0 0
Fair Value, Inputs, Level 3 | Equity securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 400,000 [6] 1,000,000 [6]
Fair Value, Inputs, Level 3 | Other investments | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 77,300,000 [7] 79,000,000 [8]
Fair Value, Inputs, Level 3 | Lottery Annuities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value 400,000 1,000,000
Fair Value, Inputs, Level 3 | Consolidated Committed Preferred Custodial Trust Securities | Fair Value, Measurements, Recurring
   
Fair Value by Hierarchy Level [Line Items]    
Total Investments at Fair Value $ 76,900,000 $ 78,000,000
[1] Does not include fixed-maturities held to maturity ($0.4 million) and certain other invested assets ($50.2 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 ($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.
[3] Primarily comprising manufactured housing loan collateral related to two consolidated financial guaranty VIEs.
[4] Comprising consolidated debt related to NIMS VIEs ($11.1 million) and amounts related to financial guaranty VIEs ($96.3 million).
[5] Comprising consolidated debt related to NIMS VIEs ($9.9 million) and amounts related to financial guaranty VIEs ($99.0 million).
[6] 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.
[7] Comprising TruPs ($0.9 million) and short-term certificates of deposit (“CDs”) ($1.7 million) included within Level II, and lottery annuities ($0.4 million) and a guaranteed investment contract held by a consolidated VIE ($76.9 million) within Level 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.