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Investments - Schedule of Available for Sale (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Investments available for sale    
Amortized Cost $ 6,153,624 $ 6,231,018
Unrealized Gains 11,121 4,155
Unrealized Losses (282,386) (358,452)
Fair Value 5,882,359 5,876,721
U.S. Treasury securities    
Investments available for sale    
Amortized Cost 554,597 561,853
Unrealized Gains 1,068 325
Unrealized Losses (10,403) (14,888)
Fair Value 545,262 547,290
U.S. agency mortgage-backed securities    
Investments available for sale    
Amortized Cost 1,254,479 1,249,259
Unrealized Gains 2,577 42
Unrealized Losses (91,413) (123,865)
Fair Value 1,165,643 1,125,436
Municipal debt securities    
Investments available for sale    
Amortized Cost 634,161 631,015
Unrealized Gains 1,606 1,596
Unrealized Losses (43,206) (49,110)
Fair Value 592,561 583,501
Non-U.S. government securities    
Investments available for sale    
Amortized Cost 72,338 81,631
Unrealized Gains 0 0
Unrealized Losses (10,468) (11,833)
Fair Value 61,870 69,798
Corporate debt securities    
Investments available for sale    
Amortized Cost 1,945,158 1,887,647
Unrealized Gains 3,812 1,064
Unrealized Losses (81,479) (105,665)
Fair Value 1,867,491 1,783,046
Residential and commercial mortgage securities    
Investments available for sale    
Amortized Cost 505,931 519,613
Unrealized Gains 498 527
Unrealized Losses (35,948) (42,054)
Fair Value 470,481 478,086
Asset-backed securities    
Investments available for sale    
Amortized Cost 754,428 642,395
Unrealized Gains 1,560 601
Unrealized Losses (9,469) (11,037)
Fair Value 746,519 631,959
Money market funds    
Investments available for sale    
Amortized Cost 432,532 657,605
Unrealized Gains 0 0
Unrealized Losses 0 0
Fair Value $ 432,532 $ 657,605