XML 97 R62.htm IDEA: XBRL DOCUMENT v3.10.0.1

Note 6 - Investments Available for Sale Securities (Details) - USD ($)
$ in Thousands

Dec. 31, 2018

Dec. 31, 2017

Debt Securities, Available-for-sale [Line Items]

Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged

$ 88,400

Loaned securities

27,860

$ 27,964

Available-for-sale Securities, Amortized Cost Basis

3,617,103

Available-for-sale Securities, Fair Value

^[1]

3,649,447

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

48,778

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

16,434

Fixed-maturities, Available-for-sale, Amortized Cost

4,098,962

3,426,217

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

4,021,575

3,458,719

Available-for-sale Equity Securities, Amortized Cost Basis

139,377

163,106

Available-for-sale Securities, Equity Securities

162,830

US government and agency securities

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

69,667

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

69,396

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

96

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

367

State and municipal obligations

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

156,587

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

161,722

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

5,834

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

699

Corporate bonds and notes

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

1,869,318

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

1,894,886

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

33,620

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

8,052

RMBS

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

189,455

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

187,229

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

636

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

2,862

CMBS

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

451,595

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

453,394

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

3,409

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

1,610

Other ABS

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

672,715

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

674,548

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

2,655

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

822

Foreign government and agency securities

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

31,417

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

32,207

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

823

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

33

Total fixed-maturities available for sale

Debt Securities, Available-for-sale [Line Items]

Fixed-maturities, Available-for-sale, Amortized Cost

3,440,754

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

3,473,382

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax

47,073

Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax

14,445

Equity securities

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Equity Securities, Amortized Cost Basis

^[2]

176,349

Available-for-sale Securities, Equity Securities

^[2]

176,065

Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax

^[2]

1,705

Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax

^[2]

1,989

Securities Financing Transaction, Fair Value

Debt Securities, Available-for-sale [Line Items]

Loaned securities

^[3]

27,860

27,964

Securities Financing Transaction, Fair Value | US government and agency securities

Debt Securities, Available-for-sale [Line Items]

Loaned securities

^[3]

9,987

0

Securities Financing Transaction, Fair Value | Corporate bonds and notes

Debt Securities, Available-for-sale [Line Items]

Loaned securities

^[3]

7,818

13,862

Securities Financing Transaction, Fair Value | Foreign government and agency securities

Debt Securities, Available-for-sale [Line Items]

Loaned securities

^[3]

0

867

Securities Financing Transaction, Fair Value | Equity securities

Debt Securities, Available-for-sale [Line Items]

Loaned securities

^[3]

10,055

13,235

Fixed-maturities available for sale | US government and agency securities

Debt Securities, Available-for-sale [Line Items]

Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged

10,700

Available-for-sale Securities, Amortized Cost Basis

85,532

Available-for-sale Securities, Fair Value

^[4]

84,070

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

46

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

1,508

Fixed-maturities available for sale | State and municipal obligations

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Securities, Amortized Cost Basis

138,022

Available-for-sale Securities, Fair Value

138,313

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

2,191

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

1,900

Fixed-maturities available for sale | Corporate bonds and notes

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Securities, Amortized Cost Basis

2,288,720

Available-for-sale Securities, Fair Value

2,229,885

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

5,053

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

63,888

Fixed-maturities available for sale | RMBS

Debt Securities, Available-for-sale [Line Items]

Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged

77,700

Available-for-sale Securities, Amortized Cost Basis

334,843

Available-for-sale Securities, Fair Value

^[5]

332,142

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

1,785

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

4,486

Fixed-maturities available for sale | CMBS

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Securities, Amortized Cost Basis

546,729

Available-for-sale Securities, Fair Value

539,915

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

544

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

7,358

Fixed-maturities available for sale | Other ABS

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Securities, Amortized Cost Basis

712,748

Available-for-sale Securities, Fair Value

704,662

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

814

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

8,900

Fixed-maturities available for sale | Total fixed-maturities available for sale

Debt Securities, Available-for-sale [Line Items]

Available-for-sale Securities, Amortized Cost Basis

4,106,594

Available-for-sale Securities, Fair Value

^[6]

4,028,987

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

10,433

Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax

88,040

Fixed-maturities, Available-for-sale, Amortized Cost

^[7]

4,106,594

Fixed-maturities available for sale—at fair value (amortized cost $4,098,962 and $3,426,217)

^[7]

4,028,987

Fixed-maturities available for sale | Securities Financing Transaction, Fair Value

Debt Securities, Available-for-sale [Line Items]

Loaned securities

$ 7,400

^[3]

$ 14,700

[1]	Includes $14.7 million of fixed maturity securities and $13.2 million of equity securities loaned to third-party Borrowers under securities lending agreements, classified as other assets in our consolidated balance sheets, as further described below.
[2]	Primarily consists of investments in fixed-income and equity exchange-traded funds and publicly-traded business development company equities.
[3]	Our securities loaned under securities lending agreements are reported at fair value within other assets in our consolidated balance sheets. All of our securities lending agreements are classified as overnight and revolving. None of the amounts are subject to offsetting.
[4]	Includes securities with a fair value of $10.7 million serving as collateral for FHLB advances.
[5]	Includes securities with a fair value of $77.7 million serving as collateral for FHLB advances.
[6]	Includes $7.4 million of fixed maturity securities loaned to third-party Borrowers under securities lending agreements, classified as other assets in our consolidated balance sheets, as further described below.
[7]	Available for sale includes securities loaned under securities lending agreements with a fair value of $7.4 million.

X

- Definition

Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount before tax of unrealized gain in accumulated other comprehensive income (AOCI) on investments in equity securities classified as available-for-sale.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in equity securities classified as available-for-sale.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

This item represents the cost of equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments for other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecurities
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount before tax of unrealized gain in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesAmortizedCost
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109979856&loc=d3e26610-111562

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (aa)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesDebtSecurities
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of equity securities categorized neither as held-to-maturity nor as trading.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesEquitySecurities
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of the collateral pledged in support of federal home loan bank advances outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822

+ Details

Name:	us-gaap_FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount of asset associated with securities loaned to entities in exchange for collateral.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226003-175313

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

+ Details

Name:	us-gaap_SecuritiesLoanedAsset
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_AssetBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_DebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_EquitySecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_SecuritiesFinancingTransactionAxis=us-gaap_SecuritiesFinancingTransactionFairValueMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: