Change in fair value of insured derivatives: | |
Realized gains (losses) and other settlements on insured derivatives | -4M |
Unrealized gain (loss) on insured derivatives | 0 |
Net gains (losses) on financial instruments at fair value and foreign exchange | 38M |
Investment losses related to other-than-temporary impairments: | |
Net investment losses related to other-than-temporary impairments | 0 |
Net gains (losses) on extinguishment of debt | 0 |
Other net realized gains (losses) | |
Total revenues | 203M |
Expenses: | |
Losses and loss adjustment | 50M |
Interest | 49M |
Total expenses | 148M |
Income (loss) before income taxes | |
Provision (benefit) for income taxes | 24M |
Net income (loss) | 31M |
Net income (loss) per common share: | |
Basic | 0.23 |
Diluted | 0.23 |
Weighted average number of common shares outstanding: | |
Basic | 131.63M |
Diluted | 132.04M |
Non Variable Interest Entities [Member] | |
Premiums earned: | |
Scheduled premiums earned | 42M |
Refunding premiums earned | |
Premiums earned (net of ceded premiums of $3, $11, $6 and $20) | 77M |
Net investment income | 39M |
Fees and reimbursements | 22M |
Change in fair value of insured derivatives: | |
Realized gains (losses) and other settlements on insured derivatives | |
Unrealized gain (loss) on insured derivatives | 20M |
Net change in fair value of insured derivatives | 16M |
Net gains (losses) on financial instruments at fair value and foreign exchange | 38M |
Investment losses related to other-than-temporary impairments: | |
Investment losses related to other-than-temporary impairments | |
Other-than-temporary impairments recognized in accumulated other comprehensive loss | |
Net investment losses related to other-than-temporary impairments | 0 |
Net gains (losses) on extinguishment of debt | 0 |
Other net realized gains (losses) | |
Expenses: | |
Losses and loss adjustment | 50M |
Amortization of deferred acquisition costs | 10M |
Operating | |
Interest | 49M |
Variable Interest Entity, Primary Beneficiary [Member] | |
Premiums earned: | |
Net investment income | 5M |
Change in fair value of insured derivatives: | |
Net gains (losses) on financial instruments at fair value and foreign exchange | 8M |
Investment losses related to other-than-temporary impairments: | |
Net gains (losses) on extinguishment of debt | |
Other net realized gains (losses) | |
Expenses: | |
Operating | |
Interest | 4M |