XML 56 R46.htm IDEA: XBRL DOCUMENT
v3.22.1

Fair Value of Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Fair Value Disclosures [Abstract] |
Carrying Amounts And Estimated Fair Values Of Financial Instruments | The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments:
| March 31, 2022 |  | December 31, 2021
(In thousands) | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Assets: |  |  |  |  |  |  |
Fixed maturity securities | $ | 16,426,196 |  |  | $ | 16,433,614 |  |  | $ | 16,602,673 |  |  | $ | 16,614,118 |
Equity securities | 1,126,491 |  |  | 1,126,491 |  |  | 941,243 |  |  | 941,243 |
Arbitrage trading account | 1,188,910 |  |  | 1,188,910 |  |  | 1,179,606 |  |  | 1,179,606 |
Loans receivable | 115,097 |  |  | 115,556 |  |  | 115,172 |  |  | 116,534 |
Cash and cash equivalents | 2,114,841 |  |  | 2,114,841 |  |  | 1,568,843 |  |  | 1,568,843 |
Due from broker | — |  |  | — |  |  | 20,448 |  |  | 20,448 |
Liabilities: |  |  |  |  |  |  |
Due to broker | 77,601 |  |  | 77,601 |  |  | — |  |  | — |
Trading account payable to brokers and clearing organizations | 56,652 |  |  | 56,652 |  |  | 53,636 |  |  | 53,636 |
Trading account securities sold but not yet purchased | 241 |  |  | 241 |  |  | 1,169 |  |  | 1,169 |
Senior notes and other debt | 1,834,155 |  |  | 1,788,992 |  |  | 2,259,416 |  |  | 2,526,630 |
Subordinated debentures | 1,007,832 |  |  | 957,670 |  |  | 1,007,652 |  |  | 1,095,600 |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration