million after-tax gain on the bargain purchase of amic ; 30 · consolidated investment yield ( on an annualized basis ) of 4.3 % in 2011 compared to 4.6 % in 2010 ; · released $ 2.3 million of deferred income taxes relative to its investment in amic based on the company 's intention to adopt tax planning strategies to recover its investment in amic in a tax-free manner ; · increased ownership interest in amic to 78.4 % ; · in the fourth quarter of 2011 , standard security life entered into a coinsurance agreement effective in january 2012 and transferred approximately $ 143 million of group annuity reserves in the first quarter of 2012. for the year ended december 31 , 2011 , net realized investment gains were $ 8.7 million of which a significant portion resulted from sales of invested assets in anticipation of the transfer of assets in accordance with the terms of such agreement in the first quarter of 2012. as a result of such agreement , the company wrote-off $ 4.6 million of deferred acquisition costs at december 31 , 2011 , which was more than offset by these net realized investment gains . · book value of $ 15.91 per common share , an increase of 5.1 % per common share from december 31 , 2010. the increase is primarily a result of current period net income , the buy-back of ihc shares , and the acquisition of noncontrolling interests in amic , offset by 1,302,520 shares of ihc common stock issued during the period , primarily in exchanges for shares of amic . the following is a summary of key performance information by segment : · the medical stop-loss segment reported income from continuing operations before taxes of $ 9.0 million and $ 1.9 million for the years ended december 31 , 2011 and 2010 , respectively . the increase is primarily due to improved underwriting results in 2011 despite decrease in premiums earned ; o premiums earned decreased $ 6.7 million for the year ended december 31 , 2011 when compared to 2010. the decrease in premiums earned is due to the cancellation of certain non-owned managing general underwriters in 2010 ; o the company recorded a decrease in the loss ratio in the medical stop-loss line of business for the year ended december 31 , 2011. the medical stop-loss results for 2011 have begun to show improved profit margins primarily as a result of business written in 2010 and 2011 performing better than that written in the prior periods and the run-out of poorly performing business by non-owned mgus which were previously cancelled ; o underwriting experience , as indicated by its gaap combined ratios , for the medical stop-loss segment is as follows ( in thousands ) : 31 replace_table_token_10_th ( a ) loss ratio represents insurance benefits claims and reserves divided by premiums earned . ( b ) expense ratio represents net commissions , administrative fees , premium taxes and other underwriting expenses divided by premiums earned . ( c ) the combined ratio is equal to the sum of the loss ratio and the expenses ratio . · the fully insured health segment reported $ 7.7 million of income from continuing operations before taxes for the year ended december 31 , 2011 as compared to $ 3.1 million for the year ended december 31 , 2010 ; o premiums earned increased $ 20.5 million year ended december 31 , 2011 over the comparable periods in 2010. the increase is primarily due to increased retentions in certain lines of this business ; o in 2009 , this segment wrote-off $ 5.1 million of previously capitalized software . the company had been working with a software developer on this project for a number of years in order to improve the company 's administrative efficiency as it sought in prior years to quickly expand its premiums under management . during testing of the software , it was determined that the system was not capable of administering the company 's lines of business as is and it would take a substantial additional investment to implement . as a result of our decision to reduce the speed of our expansion in this segment , the company determined not to continue to expend capital on this software . the termination of this project did not impact the company 's ability to service its business ; o underwriting experience as indicated by its gaap combined ratios , for the fully insured segment is as follows ( in thousands ) : replace_table_token_11_th o the decrease in the loss ratio was primarily attributable to improved underwriting results due to a shift to more limited plans , lower utilization and claims and less exposure to large groups . o the underwriting expense ratio increased primarily as a result of an increase in general expenses . 32 · income before taxes from the group disability , life , annuities and dbl segment decreased $ 4.9 million for the year ended december 31 , 2011 compared to 2010 primarily as a result of the write-off of deferred acquisition costs in connection with the sale of group annuity contracts , offset by better loss ratios in the group term life line ; · income before taxes from the individual life , annuities and other segment decreased $ 1.8 million for the year ended december 31 , 2011 compared to the prior year primarily due to lower investment income ; · income before taxes from the corporate segment decreased $ 29.0 million for the year ended december 31 , 2011 compared to the prior year primarily due to the inclusion , in 2010 , of a $ 27.8 million pre-tax gain as a result of the march 2010 acquired controlling interest in amic ; · net realized investment gains were $ 8.7 million for the year ended december 31 , 2011 compared to $ 4.6 million in 2010. a significant portion story_separator_special_tag dac is amortized to expense and reported separately in the consolidated statements of operations . all dac within a particular product type is amortized on the same basis using the following methods : 38 for traditional life insurance and other premium paying policies amortization of dac is charged to expense over the related premium revenue recognition period . assumptions used in the amortization of dac are determined based upon the conditions as of the date of policy issue or assumption and are not generally revised during the life of the policy . for long duration type contracts , such as annuities and universal life business , amortization of dac is charged to expense over the life of the underlying contracts based on the present value of the estimated gross profits ( `` egps `` ) expected to be realized . egps consist of margins based on expected mortality rates , persistency rates , interest rate spreads , and other revenues and expenses . the company regularly evaluates its egps to determine if actual experience or other evidence suggests that earlier estimates should be revised . if the company determines that the current assumptions underlying the egps are no longer the best estimate for the future due to changes in actual versus expected mortality rates , persistency rates , interest rate spreads , or other revenues and expenses , the future egps are updated using the new assumptions and prospective unlocking occurs . these updated egps are utilized for future amortization calculations . the total amortization recorded to date is adjusted through a current charge or credit to the consolidated statement of operations . internal replacements of insurance and investment contracts determined to result in a replacement contract that is substantially changed from the original contract , will be accounted for as an extinguishment of the original contract , resulting in a release of the unamortized deferred acquisition costs , unearned revenue , and deferred sales inducements associated with the replaced contract . investments the company has classified all of its investments as either available-for-sale or trading securities . these investments are carried at fair value with unrealized gains and losses reported in accumulated other comprehensive income ( loss ) in the consolidated balance sheets for available-for-sale securities or as unrealized gains or losses in the consolidated statements of operations for trading securities . fixed maturities and equity securities available-for-sale totaled $ 880.4 million and $ 841.7 million at december 31 , 2011 and 2010 , respectively . premiums and discounts on debt securities purchased at other than par value are amortized and accreted , respectively , to interest income in the consolidated statements of operations , using the constant yield method over the period to maturity . net realized gains and losses on investments are computed using the specific identification method and are reported in the consolidated statements of operations . fair value is determined using quoted market prices when available . in some cases , we use quoted market prices for similar instruments in active markets and or model-derived valuations where inputs are observable in active markets . when there are limited or inactive trading markets , we use industry-standard pricing methodologies , including discounted cash flow models , whose inputs are based on management assumptions and available current market information . further , we retain independent pricing vendors to assist in valuing certain instruments , primarily all the securities in our portfolio classified in level 2 or level 3 in the fair value hierarchy . the company periodically reviews and assesses the vendor 's qualifications and the design and appropriateness of its pricing methodologies . management will on occasion challenge pricing information on certain individual securities and , through communications with the vendor , obtain information about the assumptions , inputs and methodologies used in pricing those securities , and corroborate it against documented pricing methodologies . validation procedures are in place to determine completeness and accuracy of pricing information , including , but not limited to : ( i ) review of exception reports that ( a ) identify any zero or un-priced securities ; ( b ) identify securities with no price change ; and ( c ) identify securities with significant price changes ; ( ii ) performance of trend analyses ; ( iii ) periodic comparison of pricing to alternative pricing sources ; and ( iv ) comparison of pricing changes to expectations based on rating changes , benchmarks or control groups . in certain circumstances , pricing is unavailable from the vendor and broker pricing information is used to determine fair value . in these 39 instances , management will assess the quality of the data sources , the underlying assumptions and the reasonableness of the broker quotes based on the current market information available . to determine if an exception represents an error , management will often have to exercise judgment . procedures to resolve an exception vary depending on the significance of the security and its related class , the frequency of the exception , the risk of material misstatement , and the availability of information for the security . these procedures include , but are not limited to ; ( i ) a price challenge process with the vendor ; ( ii ) pricing from a different vendor ; ( iii ) a reasonableness review ; ( iv ) a change in price based on better information , such as an actual market trade , among other things . management considers all facts and relevant information obtained during the above procedures to determine the proper classification of each security in the fair value hierarchy . declines in value of securities available-for-sale that are judged to be other-than-temporary are determined based on the specific identification method . the company reviews its investment securities regularly and determines whether other-than-temporary impairments have occurred . the factors considered by management in its regular review include , but are not limited to : the length

cash flows as of december 31 , 2011 , the company had $ 18.2 million of cash and cash equivalents compared with $ 11.4 million as of december 31 , 2010. for the year ended december 31 , 2011 , operating activities provided net cash of $ 27.9 million which was offset by the $ 24.2 million of net cash used by investing activities . the company has $ 458.7 million of insurance reserves that it expects to ultimately pay out of current assets and cash flows from future business . if necessary , the company could utilize the cash received from maturities and repayments of its fixed maturity investments if the timing of claim payments associated with the company 's insurance resources does not coincide with future cash flows . for the year ended december 31 , 2011 , cash received from the maturities and other repayments of fixed maturities was $ 158.7 million . financing activities for the year ended december 31 , 2011 provided $ 3.1 million , primarily consisting of proceeds from debt and investment-type insurance contracts , net of dividends paid , repurchases of common stock and cash used to purchase additional noncontrolling interests in majority-owned subsidiaries , among other items . the company believes it has sufficient cash to meet its currently anticipated business requirements over the next twelve months including working capital requirements and capital investments . 48 balance sheet total investments increased $ 13.2 million during the year ended december 31 , 2011 largely due to $ 13.1 million in pre-tax unrealized gains on available-for-sale securities . the company had net receivables from reinsurers of $ 119.7 million at december 31 , 2011. all of such reinsurance receivables are either due from highly rated companies or are adequately secured . no allowance for doubtful accounts was necessary at december 31 , 2011. on december 31 , 2011 , the company wrote-off $ 4.6 million of deferred acquisition costs in connection with a coinsurance agreement effective in the first quarter of 2012. other assets decreased $ 11.2 million primarily as a result of a decrease in tax assets . in 2011 , the company amended its amortizing term loan increasing it by $ 2.5


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows as of december 31 , 2011 , the company had $ 18.2 million of cash and cash equivalents compared with $ 11.4 million as of december 31 , 2010. for the year ended december 31 , 2011 , operating activities provided net cash of $ 27.9 million which was offset by the $ 24.2 million of net cash used by investing activities . the company has $ 458.7 million of insurance reserves that it expects to ultimately pay out of current assets and cash flows from future business . if necessary , the company could utilize the cash received from maturities and repayments of its fixed maturity investments if the timing of claim payments associated with the company 's insurance resources does not coincide with future cash flows . for the year ended december 31 , 2011 , cash received from the maturities and other repayments of fixed maturities was $ 158.7 million . financing activities for the year ended december 31 , 2011 provided $ 3.1 million , primarily consisting of proceeds from debt and investment-type insurance contracts , net of dividends paid , repurchases of common stock and cash used to purchase additional noncontrolling interests in majority-owned subsidiaries , among other items . the company believes it has sufficient cash to meet its currently anticipated business requirements over the next twelve months including working capital requirements and capital investments . 48 balance sheet total investments increased $ 13.2 million during the year ended december 31 , 2011 largely due to $ 13.1 million in pre-tax unrealized gains on available-for-sale securities . the company had net receivables from reinsurers of $ 119.7 million at december 31 , 2011. all of such reinsurance receivables are either due from highly rated companies or are adequately secured . no allowance for doubtful accounts was necessary at december 31 , 2011. on december 31 , 2011 , the company wrote-off $ 4.6 million of deferred acquisition costs in connection with a coinsurance agreement effective in the first quarter of 2012. other assets decreased $ 11.2 million primarily as a result of a decrease in tax assets . in 2011 , the company amended its amortizing term loan increasing it by $ 2.5
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 Suspicious Activity Report : million after-tax gain on the bargain purchase of amic ; 30 · consolidated investment yield ( on an annualized basis ) of 4.3 % in 2011 compared to 4.6 % in 2010 ; · released $ 2.3 million of deferred income taxes relative to its investment in amic based on the company 's intention to adopt tax planning strategies to recover its investment in amic in a tax-free manner ; · increased ownership interest in amic to 78.4 % ; · in the fourth quarter of 2011 , standard security life entered into a coinsurance agreement effective in january 2012 and transferred approximately $ 143 million of group annuity reserves in the first quarter of 2012. for the year ended december 31 , 2011 , net realized investment gains were $ 8.7 million of which a significant portion resulted from sales of invested assets in anticipation of the transfer of assets in accordance with the terms of such agreement in the first quarter of 2012. as a result of such agreement , the company wrote-off $ 4.6 million of deferred acquisition costs at december 31 , 2011 , which was more than offset by these net realized investment gains . · book value of $ 15.91 per common share , an increase of 5.1 % per common share from december 31 , 2010. the increase is primarily a result of current period net income , the buy-back of ihc shares , and the acquisition of noncontrolling interests in amic , offset by 1,302,520 shares of ihc common stock issued during the period , primarily in exchanges for shares of amic . the following is a summary of key performance information by segment : · the medical stop-loss segment reported income from continuing operations before taxes of $ 9.0 million and $ 1.9 million for the years ended december 31 , 2011 and 2010 , respectively . the increase is primarily due to improved underwriting results in 2011 despite decrease in premiums earned ; o premiums earned decreased $ 6.7 million for the year ended december 31 , 2011 when compared to 2010. the decrease in premiums earned is due to the cancellation of certain non-owned managing general underwriters in 2010 ; o the company recorded a decrease in the loss ratio in the medical stop-loss line of business for the year ended december 31 , 2011. the medical stop-loss results for 2011 have begun to show improved profit margins primarily as a result of business written in 2010 and 2011 performing better than that written in the prior periods and the run-out of poorly performing business by non-owned mgus which were previously cancelled ; o underwriting experience , as indicated by its gaap combined ratios , for the medical stop-loss segment is as follows ( in thousands ) : 31 replace_table_token_10_th ( a ) loss ratio represents insurance benefits claims and reserves divided by premiums earned . ( b ) expense ratio represents net commissions , administrative fees , premium taxes and other underwriting expenses divided by premiums earned . ( c ) the combined ratio is equal to the sum of the loss ratio and the expenses ratio . · the fully insured health segment reported $ 7.7 million of income from continuing operations before taxes for the year ended december 31 , 2011 as compared to $ 3.1 million for the year ended december 31 , 2010 ; o premiums earned increased $ 20.5 million year ended december 31 , 2011 over the comparable periods in 2010. the increase is primarily due to increased retentions in certain lines of this business ; o in 2009 , this segment wrote-off $ 5.1 million of previously capitalized software . the company had been working with a software developer on this project for a number of years in order to improve the company 's administrative efficiency as it sought in prior years to quickly expand its premiums under management . during testing of the software , it was determined that the system was not capable of administering the company 's lines of business as is and it would take a substantial additional investment to implement . as a result of our decision to reduce the speed of our expansion in this segment , the company determined not to continue to expend capital on this software . the termination of this project did not impact the company 's ability to service its business ; o underwriting experience as indicated by its gaap combined ratios , for the fully insured segment is as follows ( in thousands ) : replace_table_token_11_th o the decrease in the loss ratio was primarily attributable to improved underwriting results due to a shift to more limited plans , lower utilization and claims and less exposure to large groups . o the underwriting expense ratio increased primarily as a result of an increase in general expenses . 32 · income before taxes from the group disability , life , annuities and dbl segment decreased $ 4.9 million for the year ended december 31 , 2011 compared to 2010 primarily as a result of the write-off of deferred acquisition costs in connection with the sale of group annuity contracts , offset by better loss ratios in the group term life line ; · income before taxes from the individual life , annuities and other segment decreased $ 1.8 million for the year ended december 31 , 2011 compared to the prior year primarily due to lower investment income ; · income before taxes from the corporate segment decreased $ 29.0 million for the year ended december 31 , 2011 compared to the prior year primarily due to the inclusion , in 2010 , of a $ 27.8 million pre-tax gain as a result of the march 2010 acquired controlling interest in amic ; · net realized investment gains were $ 8.7 million for the year ended december 31 , 2011 compared to $ 4.6 million in 2010. a significant portion story_separator_special_tag dac is amortized to expense and reported separately in the consolidated statements of operations . all dac within a particular product type is amortized on the same basis using the following methods : 38 for traditional life insurance and other premium paying policies amortization of dac is charged to expense over the related premium revenue recognition period . assumptions used in the amortization of dac are determined based upon the conditions as of the date of policy issue or assumption and are not generally revised during the life of the policy . for long duration type contracts , such as annuities and universal life business , amortization of dac is charged to expense over the life of the underlying contracts based on the present value of the estimated gross profits ( `` egps `` ) expected to be realized . egps consist of margins based on expected mortality rates , persistency rates , interest rate spreads , and other revenues and expenses . the company regularly evaluates its egps to determine if actual experience or other evidence suggests that earlier estimates should be revised . if the company determines that the current assumptions underlying the egps are no longer the best estimate for the future due to changes in actual versus expected mortality rates , persistency rates , interest rate spreads , or other revenues and expenses , the future egps are updated using the new assumptions and prospective unlocking occurs . these updated egps are utilized for future amortization calculations . the total amortization recorded to date is adjusted through a current charge or credit to the consolidated statement of operations . internal replacements of insurance and investment contracts determined to result in a replacement contract that is substantially changed from the original contract , will be accounted for as an extinguishment of the original contract , resulting in a release of the unamortized deferred acquisition costs , unearned revenue , and deferred sales inducements associated with the replaced contract . investments the company has classified all of its investments as either available-for-sale or trading securities . these investments are carried at fair value with unrealized gains and losses reported in accumulated other comprehensive income ( loss ) in the consolidated balance sheets for available-for-sale securities or as unrealized gains or losses in the consolidated statements of operations for trading securities . fixed maturities and equity securities available-for-sale totaled $ 880.4 million and $ 841.7 million at december 31 , 2011 and 2010 , respectively . premiums and discounts on debt securities purchased at other than par value are amortized and accreted , respectively , to interest income in the consolidated statements of operations , using the constant yield method over the period to maturity . net realized gains and losses on investments are computed using the specific identification method and are reported in the consolidated statements of operations . fair value is determined using quoted market prices when available . in some cases , we use quoted market prices for similar instruments in active markets and or model-derived valuations where inputs are observable in active markets . when there are limited or inactive trading markets , we use industry-standard pricing methodologies , including discounted cash flow models , whose inputs are based on management assumptions and available current market information . further , we retain independent pricing vendors to assist in valuing certain instruments , primarily all the securities in our portfolio classified in level 2 or level 3 in the fair value hierarchy . the company periodically reviews and assesses the vendor 's qualifications and the design and appropriateness of its pricing methodologies . management will on occasion challenge pricing information on certain individual securities and , through communications with the vendor , obtain information about the assumptions , inputs and methodologies used in pricing those securities , and corroborate it against documented pricing methodologies . validation procedures are in place to determine completeness and accuracy of pricing information , including , but not limited to : ( i ) review of exception reports that ( a ) identify any zero or un-priced securities ; ( b ) identify securities with no price change ; and ( c ) identify securities with significant price changes ; ( ii ) performance of trend analyses ; ( iii ) periodic comparison of pricing to alternative pricing sources ; and ( iv ) comparison of pricing changes to expectations based on rating changes , benchmarks or control groups . in certain circumstances , pricing is unavailable from the vendor and broker pricing information is used to determine fair value . in these 39 instances , management will assess the quality of the data sources , the underlying assumptions and the reasonableness of the broker quotes based on the current market information available . to determine if an exception represents an error , management will often have to exercise judgment . procedures to resolve an exception vary depending on the significance of the security and its related class , the frequency of the exception , the risk of material misstatement , and the availability of information for the security . these procedures include , but are not limited to ; ( i ) a price challenge process with the vendor ; ( ii ) pricing from a different vendor ; ( iii ) a reasonableness review ; ( iv ) a change in price based on better information , such as an actual market trade , among other things . management considers all facts and relevant information obtained during the above procedures to determine the proper classification of each security in the fair value hierarchy . declines in value of securities available-for-sale that are judged to be other-than-temporary are determined based on the specific identification method . the company reviews its investment securities regularly and determines whether other-than-temporary impairments have occurred . the factors considered by management in its regular review include , but are not limited to : the length

