XML 47 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
INVESTMENTS (Gross Unrealized Losses) (Details)
$ in Thousands
Jun. 30, 2018
USD ($)
security
Dec. 31, 2017
USD ($)
security
U.S. government and agency    
Fixed maturities    
Fair Value - 12 months or greater $ 125,039 $ 194,916
Unrealized Losses - 12 months or greater (6,565) (5,963)
Fair Value - Less than 12 months 1,378,293 1,389,792
Unrealized Losses - Less than 12 months (16,595) (10,946)
Total Fair Value of Securities in Unrealized Loss Position 1,503,332 1,584,708
Total Unrealized Losses (23,160) (16,909)
Non-U.S. government    
Fixed maturities    
Fair Value - 12 months or greater 63,216 62,878
Unrealized Losses - 12 months or greater (7,352) (6,806)
Fair Value - Less than 12 months 326,670 204,110
Unrealized Losses - Less than 12 months (8,762) (2,717)
Total Fair Value of Securities in Unrealized Loss Position 389,886 266,988
Total Unrealized Losses (16,114) (9,523)
Corporate debt    
Fixed maturities    
Fair Value - 12 months or greater 325,074 407,300
Unrealized Losses - 12 months or greater (17,362) (11,800)
Fair Value - Less than 12 months 3,513,735 2,041,845
Unrealized Losses - Less than 12 months (75,603) (18,051)
Total Fair Value of Securities in Unrealized Loss Position 3,838,809 2,449,145
Total Unrealized Losses (92,965) (29,851)
Agency RMBS    
Fixed maturities    
Fair Value - 12 months or greater 527,560 759,255
Unrealized Losses - 12 months or greater (23,601) (17,453)
Fair Value - Less than 12 months 836,763 1,172,313
Unrealized Losses - Less than 12 months (19,314) (10,247)
Total Fair Value of Securities in Unrealized Loss Position 1,364,323 1,931,568
Total Unrealized Losses (42,915) (27,700)
CMBS    
Fixed maturities    
Fair Value - 12 months or greater 29,405 31,607
Unrealized Losses - 12 months or greater (1,556) (703)
Fair Value - Less than 12 months 925,264 348,943
Unrealized Losses - Less than 12 months (19,767) (2,422)
Total Fair Value of Securities in Unrealized Loss Position 954,669 380,550
Total Unrealized Losses (21,323) (3,125)
Non-Agency RMBS    
Fixed maturities    
Fair Value - 12 months or greater 7,455 8,029
Unrealized Losses - 12 months or greater (763) (788)
Fair Value - Less than 12 months 4,320 4,197
Unrealized Losses - Less than 12 months (79) (11)
Total Fair Value of Securities in Unrealized Loss Position 11,775 12,226
Total Unrealized Losses (842) (799)
ABS    
Fixed maturities    
Fair Value - 12 months or greater 27,316 57,298
Unrealized Losses - 12 months or greater (413) (570)
Fair Value - Less than 12 months 853,002 392,170
Unrealized Losses - Less than 12 months (6,012) (1,424)
Total Fair Value of Securities in Unrealized Loss Position 880,318 449,468
Total Unrealized Losses (6,425) (1,994)
Municipals    
Fixed maturities    
Fair Value - 12 months or greater 11,037 11,230
Unrealized Losses - 12 months or greater (414) (269)
Fair Value - Less than 12 months 97,649 65,632
Unrealized Losses - Less than 12 months (1,921) (703)
Total Fair Value of Securities in Unrealized Loss Position 108,686 76,862
Total Unrealized Losses (2,335) (972)
Fixed maturities    
Fixed maturities    
Fair Value - 12 months or greater 1,116,102 1,532,513
Unrealized Losses - 12 months or greater (58,026) (44,352)
Fair Value - Less than 12 months 7,935,696 5,619,002
Unrealized Losses - Less than 12 months (148,053) (46,521)
Total Fair Value of Securities in Unrealized Loss Position 9,051,798 7,151,515
Total Unrealized Losses $ (206,079) $ (90,873)
Equity securities    
Number of available for sale securities in unrealized loss positions | security 3,364 2,424
Number of available for sale securities in unrealized loss positions for 12 months or greater | security 563 627
Fixed maturities | Below Investment Grade or Not Rated    
Fixed maturities    
Total Unrealized Losses $ (17,000) $ (7,000)
Common stocks    
Equity securities    
Fair Value - 12 months or greater   0
Unrealized Losses - 12 months or greater   0
Fair Value - Less than 12 months   3,202
Unrealized Losses - Less than 12 months   (590)
Total Fair Value of Securities in Unrealized Loss Position   3,202
Total Unrealized Losses   (590)
Exchange-traded funds    
Equity securities    
Fair Value - 12 months or greater   0
Unrealized Losses - 12 months or greater   0
Fair Value - Less than 12 months   12,323
Unrealized Losses - Less than 12 months   (294)
Total Fair Value of Securities in Unrealized Loss Position   12,323
Total Unrealized Losses   (294)
Bond mutual funds    
Equity securities    
Fair Value - 12 months or greater   0
Unrealized Losses - 12 months or greater   0
Fair Value - Less than 12 months   12,184
Unrealized Losses - Less than 12 months   (999)
Total Fair Value of Securities in Unrealized Loss Position   12,184
Total Unrealized Losses   (999)
Equity securities    
Equity securities    
Fair Value - 12 months or greater   0
Unrealized Losses - 12 months or greater   0
Fair Value - Less than 12 months   27,709
Unrealized Losses - Less than 12 months   (1,883)
Total Fair Value of Securities in Unrealized Loss Position   27,709
Total Unrealized Losses   $ (1,883)