XML 107 R90.htm IDEA: XBRL DOCUMENT v3.22.4
Schedule II - Condensed Financial Information of Registrant - Condensed Statements of Comprehensive Income (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Net investment income $ 124,409 $ 88,765 $ 80,087
Realized investment losses, net (13,172) 418 2,697
Total revenues 1,000,824 1,028,510 955,154
Expenses:      
Interest expense 15,608 8,282 9,074
Net income 831,353 681,783 413,041
Other comprehensive income (loss):      
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(75,013) in 2022, $(15,477) in 2021 and $16,836 in 2020 (433,497) (87,567) 82,087
Total other comprehensive (loss) income (433,497) (87,567) 82,087
Comprehensive income 397,856 594,216 495,128
Change in unrealized appreciation (depreciation) of investments, tax (benefit) expense (75,013) (15,477) 16,836
Parent Company      
Revenues:      
Net investment income 6,433 5,378 1,181
Realized investment losses, net (12,170) (108) (10)
Administrative service fees from subsidiaries 642 682 872
Total revenues (5,095) 5,952 2,043
Expenses:      
Administrative service fees to subsidiaries 3,908 4,338 3,728
Other operating expenses 7,614 7,193 5,929
Interest expense 15,609 5,889 6,446
Total expenses 27,131 17,420 16,103
Income before income taxes (32,226) (11,468) (14,060)
Loss before equity in undistributed net income of subsidiaries (32,226) (11,468) (14,060)
Equity in undistributed net income of subsidiaries 863,579 693,251 427,101
Net income 831,353 681,783 413,041
Other comprehensive income (loss):      
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(75,013) in 2022, $(15,477) in 2021 and $16,836 in 2020 (433,497) (87,567) 82,087
Total other comprehensive (loss) income (433,497) (87,567) 82,087
Comprehensive income 397,856 594,216 495,128
Change in unrealized appreciation (depreciation) of investments, tax (benefit) expense $ (75,013) $ (15,477) $ 16,836