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Fair Value Measurements (Table Text Block)

3 Months Ended

Jun. 30, 2025

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis


As of June 30, 2025		Total				Level 1				Level 2				Level 3
		(Unaudited)
Assets		(In thousands)
Fixed maturities - available for sale		$	2,521,166			$	—			$	2,521,166			$	—
Preferred stock			21,766				21,766				—				—
Common stock			43,843				43,843				—				—
Derivatives			8,409				5,078				3,331				—
Total		$	2,595,184			$	70,687			$	2,524,497			$	—


Liabilities
Derivatives		$	546			$	—			$	546			$	—
Embedded derivatives			6,389				—				—				6,389
Market risk benefits			13,197				—				—				13,197
Total		$	20,132			$	—			$	546			$	19,586


As of March 31, 2025		Total				Level 1				Level 2				Level 3
		(Unaudited)
Assets		(In thousands)
Fixed maturities - available for sale		$	2,479,498			$	—			$	2,479,498			$	—
Preferred stock			22,136				22,136				—				—
Common stock			43,413				43,413				—				—
Derivatives			13,200				8,819				4,381				—
Total		$	2,558,247			$	74,368			$	2,483,879			$	—


Liabilities
Derivatives		$	777			$	—			$	777			$	—
Embedded derivatives			8,693				—				—				8,693
Market risk benefits			13,432				—				—				13,432
Total		$	22,902			$	—			$	777			$	22,125

Financial Instruments, Carrying and Estimated fair values


		Fair Value Hierarchy
		Carrying																Total
As of June 30, 2025		Value				Level 1				Level 2				Level 3				Fair Value
		(Unaudited)
Assets		(In thousands)
Trade receivables, net		$	196,736			$	—			$	—			$	196,736			$	196,736
Mortgage loans, net			664,551				—				—				657,019				657,019
Other investments			12,063				—				—				12,063				12,063
Total		$	873,350			$	—			$	—			$	865,818			$	865,818


Liabilities
Notes, loans and finance leases payable		$	7,285,130			$	—			$	6,739,456			$	—			$	6,739,456
Liabilities from investment contracts			2,531,459				—				—				2,471,703				2,471,703
Total		$	9,816,589			$	—			$	6,739,456			$	2,471,703			$	9,211,159


		Fair Value Hierarchy
		Carrying																Total
As of March 31, 2025		Value				Level 1				Level 2				Level 3				Fair Value
		(In thousands)
Assets
Trade receivables, net		$	195,710			$	—			$	—			$	195,710			$	195,710
Mortgage loans, net			657,567				—				—				639,162			$	639,162
Other investments			11,868				—				—				11,868			$	11,868
Total		$	865,145			$	—			$	—			$	846,740			$	846,740


Liabilities
Notes, loans and finance leases payable		$	7,229,341			$	—			$	6,703,510			$	—			$	6,703,510
Liabilities from investment contracts			2,502,729				—				—				2,436,537				2,436,537
Total		$	9,732,070			$	—			$	6,703,510			$	2,436,537			$	9,140,047