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INVESTMENTS - Net Investment Gains (Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Gross realized investment gains    
Fixed maturities and short-term investments $ 10,422 $ 50,170
Equity securities 0 569
Gross realized investment gains 10,422 50,739
Gross realized investment losses    
Fixed maturities and short-term investments (63,146) (19,368)
Equity securities (225) (89)
Gross realized investment losses (63,371) (19,457)
Change in allowance for expected credit losses (70) 89
Impairment losses (109) 0
Change in fair value of investment derivatives 2,242 1,749
Net unrealized gains (losses) on equity securities (43,622) (3,475)
Total net investment gains (losses) $ (94,508) $ 29,645