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v3.24.3

FAIR VALUE MEASUREMENTS - Changes in Level 3 for Financial Instruments (Details) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 USD ($) fund | Sep. 30, 2023 USD ($) fund | Sep. 30, 2024 USD ($) fund | Sep. 30, 2023 USD ($) fund
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | $ 214,795,000 | $ 248,971,000 | $ 228,342,000 | $ 260,278,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | (25,510,000) | (6,899,000) | (25,510,000)
Included in net income | (891,000) | (1,748,000) | (156,000) | (10,049,000)
Included in OCI | 2,525,000 | (1,243,000) | 3,547,000 | (1,414,000)
Purchases | 6,965,000 | 11,478,000 | 26,674,000 | 55,255,000
Sales | 0 | 0 | (165,000) | (34,532,000)
Settlements/ distributions | (1,213,000) | (3,845,000) | (29,162,000) | (15,925,000)
Closing balance | 222,181,000 | 228,103,000 | 222,181,000 | 228,103,000
Change in unrealized gains/(losses) | (891,000) | (1,015,000) | 1,191,000 | (14,088,000)
Transfers out of Level 3 into Level 2 | 0 | 0 | 0 | 0
Fixed maturities, available for sale |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | 125,009,000 | 129,046,000 | 135,753,000 | 119,104,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | 0 | 0 | 0
Included in net income | 0 | (733,000) | (1,347,000) | (4,043,000)
Included in OCI | 2,525,000 | (1,243,000) | 3,547,000 | (1,414,000)
Purchases | 6,965,000 | 9,717,000 | 19,436,000 | 34,178,000
Sales | 0 | 0 | (165,000) | 0
Settlements/ distributions | (848,000) | (3,319,000) | (23,573,000) | (14,357,000)
Closing balance | 133,651,000 | 133,468,000 | 133,651,000 | 133,468,000
Change in unrealized gains/(losses) | 0 | 0 | 0 | 0
Fixed maturities, available for sale | Corporate debt |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | 125,009,000 | 129,046,000 | 135,753,000 | 119,104,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | 0 | 0 | 0
Included in net income | 0 | (733,000) | (1,347,000) | (4,043,000)
Included in OCI | 2,525,000 | (1,243,000) | 3,547,000 | (1,414,000)
Purchases | 6,965,000 | 9,717,000 | 19,436,000 | 34,178,000
Sales | 0 | 0 | (165,000) | 0
Settlements/ distributions | (848,000) | (3,319,000) | (23,573,000) | (14,357,000)
Closing balance | 133,651,000 | 133,468,000 | 133,651,000 | 133,468,000
Change in unrealized gains/(losses) | 0 | 0 | 0 | 0
Other investments |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | 89,786,000 | 119,925,000 | 92,589,000 | 141,174,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | (25,510,000) | (6,899,000) | (25,510,000)
Included in net income | (891,000) | (1,015,000) | 1,191,000 | (6,006,000)
Included in OCI | 0 | 0 | 0 | 0
Purchases | 0 | 1,761,000 | 7,238,000 | 21,077,000
Sales | 0 | 0 | 0 | (34,532,000)
Settlements/ distributions | (365,000) | (526,000) | (5,589,000) | (1,568,000)
Closing balance | 88,530,000 | 94,635,000 | 88,530,000 | 94,635,000
Change in unrealized gains/(losses) | (891,000) | (1,015,000) | 1,191,000 | (14,088,000)
Other investments | CLO-Equities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | 4,498,000 | 4,877,000 | 5,300,000 | 5,016,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | 0 | 0 | 0
Included in net income | 0 | 333,000 | 0 | 1,236,000
Included in OCI | 0 | 0 | 0 | 0
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements/ distributions | (365,000) | (526,000) | (1,167,000) | (1,568,000)
Closing balance | 4,133,000 | 4,684,000 | 4,133,000 | 4,684,000
Change in unrealized gains/(losses) | 0 | 333,000 | 0 | 1,236,000
Other investments | Other privately held investments |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening balance | 85,288,000 | 115,048,000 | 87,289,000 | 136,158,000
Transfers into Level 3 | 0 | 0 | 0 | 0
Transfers out of Level 3 | 0 | (25,510,000) | (6,899,000) | (25,510,000)
Included in net income | (891,000) | (1,348,000) | 1,191,000 | (7,242,000)
Included in OCI | 0 | 0 | 0 | 0
Purchases | 0 | 1,761,000 | 7,238,000 | 21,077,000
Sales | 0 | 0 | 0 | (34,532,000)
Settlements/ distributions | 0 | 0 | (4,422,000) | 0
Closing balance | 84,397,000 | 89,951,000 | 84,397,000 | 89,951,000
Change in unrealized gains/(losses) | $ (891,000) | $ (1,348,000) | $ 1,191,000 | $ (15,324,000)
Number of funds | fund | 1 | 2 | 1 | 2

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