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INVESTMENTS - Net Investment Gains (Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Gross realized investment gains    
Fixed maturities and short-term investments $ 12,370 $ 10,422
Equity securities 1,517 0
Gross realized investment gains 13,887 10,422
Gross realized investment losses    
Fixed maturities and short-term investments (53,649) (63,146)
Equity securities (396) (225)
Gross realized investment losses (54,045) (63,371)
(Increase) decrease in allowance for expected credit losses, fixed maturities, available for sale (911) (70)
(Increase) decrease in allowance for expected credit losses, mortgage loans (1,900) 0
Impairment losses 0 (109)
Change in fair value of investment derivatives (947) 2,242
Net unrealized gains (losses) on equity securities 23,726 (43,622)
Total net investment losses $ (20,190) $ (94,508)