XML 73 R63.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Financial Assets:    
Fair Value $ 5,369,074 $ 5,263,739
Recurring    
Financial Assets:    
Total assets at fair value 5,369,074 5,263,739
Recurring | U.S. Treasury securities    
Financial Assets:    
Fair Value 1,036,787 996,382
Recurring | U.S. agency securities    
Financial Assets:    
Fair Value 1,573 7,195
Recurring | U.S. agency mortgage-backed securities    
Financial Assets:    
Fair Value 787,285 821,346
Recurring | Municipal debt securities    
Financial Assets:    
Fair Value 539,678 547,258
Recurring | Non-U.S. government securities:    
Financial Assets:    
Fair Value 66,395 67,447
Recurring | Corporate debt securities    
Financial Assets:    
Fair Value 1,219,160 1,297,055
Recurring | Residential and commercial mortgage securities    
Financial Assets:    
Fair Value 506,780 517,940
Recurring | Asset-backed securities    
Financial Assets:    
Fair Value 522,352 564,995
Recurring | Money market funds    
Financial Assets:    
Fair Value 689,064 444,121
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1)    
Financial Assets:    
Total assets at fair value 1,725,851 1,440,503
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | U.S. Treasury securities    
Financial Assets:    
Fair Value 1,036,787 996,382
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | U.S. agency securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | U.S. agency mortgage-backed securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Municipal debt securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Non-U.S. government securities:    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Corporate debt securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Residential and commercial mortgage securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Asset-backed securities    
Financial Assets:    
Fair Value 0 0
Recurring | Quoted Prices in Active  Markets for Identical Instruments (Level 1) | Money market funds    
Financial Assets:    
Fair Value 689,064 444,121
Recurring | Significant Other Observable Inputs (Level 2)    
Financial Assets:    
Total assets at fair value 3,643,223 3,823,236
Recurring | Significant Other Observable Inputs (Level 2) | U.S. Treasury securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Other Observable Inputs (Level 2) | U.S. agency securities    
Financial Assets:    
Fair Value 1,573 7,195
Recurring | Significant Other Observable Inputs (Level 2) | U.S. agency mortgage-backed securities    
Financial Assets:    
Fair Value 787,285 821,346
Recurring | Significant Other Observable Inputs (Level 2) | Municipal debt securities    
Financial Assets:    
Fair Value 539,678 547,258
Recurring | Significant Other Observable Inputs (Level 2) | Non-U.S. government securities:    
Financial Assets:    
Fair Value 66,395 67,447
Recurring | Significant Other Observable Inputs (Level 2) | Corporate debt securities    
Financial Assets:    
Fair Value 1,219,160 1,297,055
Recurring | Significant Other Observable Inputs (Level 2) | Residential and commercial mortgage securities    
Financial Assets:    
Fair Value 506,780 517,940
Recurring | Significant Other Observable Inputs (Level 2) | Asset-backed securities    
Financial Assets:    
Fair Value 522,352 564,995
Recurring | Significant Other Observable Inputs (Level 2) | Money market funds    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3)    
Financial Assets:    
Total assets at fair value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. Treasury securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. agency securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. agency mortgage-backed securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Municipal debt securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Non-U.S. government securities:    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Corporate debt securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Residential and commercial mortgage securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Asset-backed securities    
Financial Assets:    
Fair Value 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Money market funds    
Financial Assets:    
Fair Value $ 0 $ 0