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v3.22.2.2

Fair Value - Rollforward of Level 3 assets and liabilities (Details) - Recurring - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Other liabilities |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | $ (16,205) | $ (466) |  | $ (16,960) | $ (461) |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | (89) | 0 |  | (284) | 0 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | 965 | 0 |  | 1,915 | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 0 | (17,345) |  | 0 | (17,345) |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | 0 | 0 | [2] | 0 | 0 | [2]
Settlements |  | 1,908 | 0 |  | 1,908 | (5) |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 0 | 0 |
Balance at end of period |  | (13,421) | (17,811) |  | (13,421) | (17,811) |
Available for sale | Structured securities |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period | [3] | 2,867 | 3,424 |  | 3,347 | 3,426 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1],[3] | (601) | 10 |  | (592) | (46) |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income | [3] | 144 | 10 |  | (1) | 67 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases | [3] | 0 | 0 |  | 0 | 0 |
Issuances | [3] | 0 | 0 |  | 0 | 0 |
Sales | [3] | (2,051) | 0 | [2] | (2,051) | 0 | [2]
Settlements | [3] | (359) | 0 |  | (703) | (3) |
Transfers in and/or out of Level 3 | [3] | 0 | 0 |  | 0 | 0 |
Balance at end of period | [3] | 0 | 3,444 |  | 0 | 3,444 |
Available for sale | Corporate bonds |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | 3,570 | 13 |  | 13 | 13 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | 52 | 0 |  | 52 | 0 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | (59) | 0 |  | (59) | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 0 | 0 |  | 0 | 0 |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | (3,550) | 0 | [2] | (3,550) | 0 | [2]
Settlements |  | 0 | 0 |  | 0 | 0 |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 3,557 | 0 |
Balance at end of period |  | 13 | 13 |  | 13 | 13 |
Fair value option | Corporate bonds |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | 0 | 998 |  | 0 | 985 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | 0 | 0 |  | 0 | 13 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | 0 | 0 |  | 0 | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 0 | 0 |  | 0 | 0 |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | 0 | (998) | [2] | 0 | (998) | [2]
Settlements |  | 0 | 0 |  | 0 | 0 |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 0 | 0 |
Balance at end of period |  | 0 | 0 |  | 0 | 0 |
Fair value option | Other investments |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | 33,331 | 73,900 |  | 27,981 | 67,103 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | 116 | 0 |  | 150 | 881 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | 0 | 0 |  | 0 | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 1,458 | 0 |  | 12,228 | 13,003 |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | (667) | (44,143) | [2] | (3,138) | (51,230) | [2]
Settlements |  | 0 | 0 |  | (2,983) | 0 |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 0 | 0 |
Balance at end of period |  | 34,238 | 29,757 |  | 34,238 | 29,757 |
Fair value option | Equity securities |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | 4,392 | 73,678 |  | 4,748 | 68,988 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | 200 | 38 |  | (156) | 4,728 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | 0 | 0 |  | 0 | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 0 | 0 |  | 0 | 0 |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | 0 | (69,181) | [2] | 0 | (69,181) | [2]
Settlements |  | 0 | 0 |  | 0 | 0 |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 0 | 0 |
Balance at end of period |  | 4,592 | 4,535 |  | 4,592 | 4,535 |
Equity securities |  |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Balance at beginning of period |  | 2,906 | 49,136 |  | 2,918 | 42,015 |
Total gains or (losses) (realized/unrealized) - included in earnings | [1] | 133 | 11 |  | (103) | 1,837 |
Total gains or (losses) (realized/unrealized) - included in other comprehensive income |  | 0 | 0 |  | 0 | 0 |
Purchases, issuances, sales and settlements |  |  |  |  |  |  |
Purchases |  | 0 | 208 |  | 227 | 5,503 |
Issuances |  | 0 | 0 |  | 0 | 0 |
Sales |  | 0 | (46,773) | [2] | (3) | (46,773) | [2]
Settlements |  | 0 | 0 |  | 0 | 0 |
Transfers in and/or out of Level 3 |  | 0 | 0 |  | 0 | 0 |
Balance at end of period |  | $ 3,039 | $ 2,582 |  | $ 3,039 | $ 2,582 |
[1] | Gains or losses were included in net realized gains (losses).
[2] | Sales for the 2021 periods primarily related to the Company’s deconsolidation of Somers..
[3] | Includes asset backed securities, residential mortgage backed securities and commercial mortgage backed securities.

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