XML 48 R36.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investments (Available-For-Sale Investments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost $ 15,227,752 $ 14,932,286
Available-for-sale fixed maturity investments, gross unrealized holding gains 40,835 101,335
Available-for-sale fixed maturity investments, gross unrealized holding losses (749,217) (660,889)
Available-for-sale fixed maturity investments, estimated fair value 14,519,370 14,372,732
Short-term investments, available-for-sale, amortized cost 2,618,162 2,564,620
Short-term investments, available-for-sale, gross unrealized holding gains 597 7,155
Short-term investments, available-for-sale, gross unrealized holding losses (1,117) (393)
Short-term investments, available-for-sale, estimated fair value 2,617,642 2,571,382
Investments, available-for-sale, amortized cost 17,845,914 17,496,906
Investments, available-for-sale, gross unrealized holding gains 41,432 108,490
Investments, available-for-sale, gross unrealized holding losses (750,334) (661,282)
Investments, available-for-sale, estimated fair value 17,137,012 16,944,114
U.S. Treasury securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 4,113,319 3,811,293
Available-for-sale fixed maturity investments, gross unrealized holding gains 12,079 35,824
Available-for-sale fixed maturity investments, gross unrealized holding losses (79,408) (62,404)
Available-for-sale fixed maturity investments, estimated fair value 4,045,990 3,784,713
U.S. government-sponsored enterprises [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 1,289,119 1,225,426
Available-for-sale fixed maturity investments, gross unrealized holding gains 4,206 7,292
Available-for-sale fixed maturity investments, gross unrealized holding losses (99,430) (89,904)
Available-for-sale fixed maturity investments, estimated fair value 1,193,895 1,142,814
Obligations of states, municipalities and political subdivisions [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 4,041,845 4,196,096
Available-for-sale fixed maturity investments, gross unrealized holding gains 10,059 14,787
Available-for-sale fixed maturity investments, gross unrealized holding losses (205,316) (181,578)
Available-for-sale fixed maturity investments, estimated fair value 3,846,588 4,029,305
Foreign governments [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 1,950,839 1,858,845
Available-for-sale fixed maturity investments, gross unrealized holding gains 4,132 21,450
Available-for-sale fixed maturity investments, gross unrealized holding losses (126,930) (96,874)
Available-for-sale fixed maturity investments, estimated fair value 1,828,041 1,783,421
Commercial mortgage-backed securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 2,400,848 2,371,406
Available-for-sale fixed maturity investments, gross unrealized holding gains 4,780 8,605
Available-for-sale fixed maturity investments, gross unrealized holding losses (137,472) (136,353)
Available-for-sale fixed maturity investments, estimated fair value 2,268,156 2,243,658
Residential mortgage-backed securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 463,710 491,949
Available-for-sale fixed maturity investments, gross unrealized holding gains 155 334
Available-for-sale fixed maturity investments, gross unrealized holding losses (22,187) (21,861)
Available-for-sale fixed maturity investments, estimated fair value 441,678 470,422
Corporate bonds [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturities, available-for-sale, amortized cost 968,072 977,271
Available-for-sale fixed maturity investments, gross unrealized holding gains 5,424 13,043
Available-for-sale fixed maturity investments, gross unrealized holding losses (78,474) (71,915)
Available-for-sale fixed maturity investments, estimated fair value $ 895,022 $ 918,399