XML 57 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Fair Value of Financial Instruments Fair Value Assets Liabilities by Hierarchy Level (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Fair Value by Hierarchy Level [Line Items]          
Gain (Loss) on Investments $ 2,321,000 $ 7,846,000 $ 4,124,000 $ 66,763,000  
Other than Temporary Impairment Losses, Investments 0 0 1,000,000 0  
Carrying (Reported) Amount, Fair Value Disclosure [Member]          
Fair Value by Hierarchy Level [Line Items]          
Cost Method Investments 599,000   599,000   $ 1,195,000
Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 4,570,159,000 [1]   4,570,159,000 [1]   4,461,235,000 [2]
Total Assets at Fair Value 4,570,159,000   4,570,159,000   4,461,235,000
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount 0 0 0 0  
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount 0 0 0 0  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net 0 0 0 0  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net 0 $ 0 0 $ 0  
US government and agency securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 149,823,000   149,823,000   237,479,000
State and municipal obligations | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 385,486,000   385,486,000   358,536,000
Money market instruments | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 155,957,000   155,957,000   431,472,000
Corporate bonds and notes | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 2,291,267,000   2,291,267,000   2,024,205,000
RMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 207,150,000   207,150,000   388,842,000
CMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 495,229,000   495,229,000   507,273,000
Other ABS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 620,441,000   620,441,000   450,128,000
Foreign government securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 36,684,000   36,684,000   32,807,000
Equity securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 188,502,000   188,502,000   1,330,000
Other investments | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 39,620,000 [3]   39,620,000 [3]   29,163,000 [4]
Fair Value, Inputs, Level 1 | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 481,205,000 [1]   481,205,000 [1]   668,951,000 [2]
Total Assets at Fair Value 481,205,000   481,205,000   668,951,000
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 137,606,000   137,606,000   237,479,000
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   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 155,957,000   155,957,000   431,472,000
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   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   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   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   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   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 187,642,000   187,642,000   0
Fair Value, Inputs, Level 1 | Other investments | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 0 [3]   0 [3]   0 [4]
Fair Value, Inputs, Level 2 | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 4,088,954,000 [1]   4,088,954,000 [1]   3,791,284,000 [2]
Total Assets at Fair Value 4,088,954,000   4,088,954,000   3,791,284,000
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 12,217,000   12,217,000   0
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 385,486,000   385,486,000   358,536,000
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   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 2,291,267,000   2,291,267,000   2,024,205,000
Fair Value, Inputs, Level 2 | RMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 207,150,000   207,150,000   388,842,000
Fair Value, Inputs, Level 2 | CMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 495,229,000   495,229,000   507,273,000
Fair Value, Inputs, Level 2 | Other ABS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 620,441,000   620,441,000   450,128,000
Fair Value, Inputs, Level 2 | Foreign government securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 36,684,000   36,684,000   32,807,000
Fair Value, Inputs, Level 2 | Equity securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 860,000   860,000   830,000
Fair Value, Inputs, Level 2 | Other investments | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value 39,620,000 [3]   39,620,000 [3]   28,663,000 [4]
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value [2]         1,000,000
Total Assets at Fair Value 0   0   1,000,000
Gain (Loss) on Investments         0
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value $ 0   $ 0   0
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
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         0
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
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         0
Fair Value, Inputs, Level 3 | RMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value         0
Fair Value, Inputs, Level 3 | CMBS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value         0
Fair Value, Inputs, Level 3 | Other ABS | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value         0
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 | Equity securities | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value         500,000
Fair Value, Inputs, Level 3 | Other investments | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Investments at Fair Value [4]         $ 500,000
Maximum [Member] | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring          
Fair Value by Hierarchy Level [Line Items]          
Total Level III Assets as a Percentage of Total Assets Measured at Fair Value (less than 0.1%)         0.10%
[1] Does not include certain other invested assets ($0.6 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value. Also does not include cash collateral held under securities lending agreements reinvested in short-term investments, and includes securities loaned to third-party borrowers under securities lending agreements.
[2] Does not include certain other invested assets ($1.2 million), primarily invested in limited partnerships, accounted for as cost-method investments and not measured at fair value.
[3] Comprising short-term certificates of deposit and commercial paper.
[4] Comprising short-term certificates of deposit and commercial paper, included within Level II, and convertible notes of non-public company issuers, included within Level III.