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Schedule II Financial Information of Registrant Parent Company Statement of Cash Flows (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net (loss) income $ (196,985) $ (451,468) $ 302,150
Change in other assets (44,804) (7,706) (65,388)
Change in other liabilities 69,151 19,205 46,744
Net cash provided by (used in) operating activities (664,937) (510,500) (897,775)
Cash flows from investing activities:      
Proceeds from sales of fixed-maturity investments available for sale 22,248 79,534 136,217
Purchases of trading securities (518,327) (5,895,099) (5,456,565)
(Purchases) sales and redemptions of short-term investments, net (651,506) 484,347 276,082
Purchases of property and equipment, net (5,802) (910) (2,976)
Cash flows from financing activities:      
Dividends paid (1,632) (1,335) (1,330)
Redemption of long-term debt (79,372) (153,261) (160,000)
Issuance of common stock 299,410 0 0
Increase (decrease) in cash (7,697) (4,034) 15,255
Cash, beginning of period 31,555 35,589 20,334
Cash, end of period 23,858 31,555 35,589
Parent Company
     
Cash flows from operating activities:      
Net (loss) income (196,985) (451,468) 302,150
Net losses (gains) on other investments 3,004 (1,821) (24,603)
Losses (gains) on the repurchase of long-term debt 3,952 (16,175) 0
Equity in undistributed net loss (income) of subsidiaries and affiliates (1) 150,090 [1] 505,267 [1] (495,954) [1]
Increase (decrease) in federal income taxes 6,583 (7,145) 49,396
Depreciation and other amortization, net 30,286 18,603 17,185
Change in other assets 23,301 (17,708) (3,801)
Change in other liabilities 85,450 25,336 90,895
Net cash provided by (used in) operating activities 105,681 54,889 (64,732)
Cash flows from investing activities:      
Sales/redemptions of trading securities 9,000 153,992 151,840
Purchases of trading securities 0 (3) (32,825)
(Purchases) sales and redemptions of short-term investments, net (496,979) 41,042 156,665
Sales of other invested assets, net 21,473 8,709 0
Purchases of property and equipment, net (647) (1,124) (523)
Capital contributions to subsidiaries and affiliates (1) (233,391) [1] (100,384) [1] (50,587) [1]
Net cash (used in) provided by investing activities (700,544) 102,232 224,570
Cash flows from financing activities:      
Dividends paid (1,632) (1,335) (1,330)
Proceeds/payments related to issuance or exchange of debt, net 377,783 0 0
Redemption of long-term debt (79,372) (153,261) (160,000)
Issuance of common stock 299,410 0 0
Net cash provided by (used in) financing activities 596,189 (154,596) (161,330)
Increase (decrease) in cash 1,326 2,525 (1,492)
Cash, beginning of period 2,978 453 1,945
Cash, end of period $ 4,304 $ 2,978 $ 453
[1] See Note D.