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Investments (Tables)
 12 Months Ended
Dec. 31, 2019
Investment [Line Items]  
Schedule of Unrealized Gains (Losses) On Investments
($ in thousands)
 
2019
 
2018
 
2017
AFS securities:
 
 

 
 

 
 

Fixed income securities
 
$
215,634

 
2,302

 
85,806

Equity securities
 
—

 
—

 
38,894

Total AFS securities
 
215,634

 
2,302

 
124,700

 
 
 
 
 
 
 
HTM securities:
 
 

 
 

 
 

Fixed income securities
 
31

 
89

 
(21
)
Total HTM securities
 
31

 
89

 
(21
)
 
 
 
 
 
 
 
Short-term securities
 
23

 
—

 
—

 
 
 
 
 
 
 
Total net unrealized gains
 
215,688

 
2,391

 
124,679

Deferred income tax
 
(45,294
)
 
(502
)
 
(44,103
)
Net unrealized gains, net of deferred income tax
 
170,394

 
1,889

 
80,576

 
 
 
 
 
 
 
Cumulative effect adjustment due to accounting change for equity unrealized1
 
—

 
30,726

 
—

Cumulative effect adjustment due to accounting changes due to accounting change for stranded tax assets1
 
—

 
(17,920
)
 
—

Increase (decrease) in net unrealized gains in OCI, net of deferred income tax
 
$
168,505

 
(65,881
)
 
38,453
Schedule of Held-to-maturity Securities
December 31, 2019
 
 
 
Net
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized
 
 
 
Unrecognized
 
Unrecognized
 
 
 
 
Amortized
 
Gains
 
Carrying
 
Holding
 
Holding
 
Fair
($ in thousands)
 
Cost
 
(Losses)
 
Value
 
Gains
 
Losses
 
Value
Obligations of state and political subdivisions
 
$
4,573

 
7

 
4,580

 
342

 
(1
)
 
4,921

Corporate securities
 
16,196

 
24

 
16,220

 
834

 
—

 
17,054

Total HTM fixed income securities
 
$
20,769

 
31

 
20,800

 
1,176

 
(1
)
 
21,975


 
December 31, 2018
 
 
 
Net
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized
 
 
 
Unrecognized
 
Unrecognized
 
 
 
 
Amortized
 
Gains
 
Carrying
 
Holding
 
Holding
 
Fair
($ in thousands)
 
Cost
 
(Losses)
 
Value
 
Gains
 
Losses
 
Value
Obligations of state and political subdivisions
 
17,431

 
39

 
17,470

 
504

 
(5
)
 
17,969

Corporate securities
 
19,590

 
50

 
19,640

 
855

 
(147
)
 
20,348

Total HTM fixed income securities
 
$
37,021

 
89

 
37,110

 
1,359

 
(152
)
 
38,317
Schedule of Available For Sale Securities
December 31, 2019
 
 
 
 
 
 
 
 
 
 
Cost/
 
 
 
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
($ in thousands)
 
Cost
 
Gains
 
Losses
 
Value
AFS fixed income securities:
 
 
 
 
 
 
 
 
U.S. government and government agencies
 
$
112,680

 
3,506

 
—

 
116,186

Foreign government
 
18,011

 
533

 
(2
)
 
18,542

Obligations of states and political subdivisions
 
1,168,185

 
62,175

 
(270
)
 
1,230,090

Corporate securities
 
1,866,881

 
81,906

 
(1,310
)
 
1,947,477

CLO and other ABS
 
790,517

 
7,929

 
(5,434
)
 
793,012

CMBS
 
514,709

 
23,902

 
(267
)
 
538,344

RMBS
 
1,409,003

 
43,421

 
(455
)
 
1,451,969

Total AFS fixed income securities
 
$
5,879,986

 
223,372

 
(7,738
)
 
6,095,620


 
December 31, 2018
 
 
 
 
 
 
 
 
 
 
Cost/
 
 
 
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
($ in thousands)
 
Cost
 
Gains
 
Losses
 
Value
AFS fixed income securities:
 
 
 
 
 
 
 
 
U.S. government and government agencies
 
$
120,092

 
1,810

 
(592
)
 
121,310

Foreign government
 
23,202

 
36

 
(107
)
 
23,131

Obligations of states and political subdivisions
 
1,121,615

 
19,485

 
(2,631
)
 
1,138,469

Corporate securities
 
1,639,852

 
5,521

 
(27,965
)
 
1,617,408

CLO and other ABS
 
720,193

 
4,112

 
(6,943
)
 
717,362

CMBS
 
527,409

 
3,417

 
(3,748
)
 
527,078

RMBS
 
1,118,435

 
12,988

 
(3,081
)
 
1,128,342

Total AFS fixed income securities
 
$
5,270,798

 
47,369

 
(45,067
)
 
5,273,100
Schedule of Fair Value and Gross Pre-Tax Net Unrealized/Unrecognized Loss of Securities by Length of Time
December 31, 2019
 
Less than 12 months
 
12 months or longer
 
Total
($ in thousands)
 
Fair 
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
AFS fixed income securities:
 
 

 
 

 
 

 
 

 
 
 
 
Foreign government
 
1,416

 
(2
)
 
—

 
—

 
1,416

 
(2
)
Obligations of states and political subdivisions
 
35,838

 
(270
)
 
—

 
—

 
35,838

 
(270
)
Corporate securities
 
84,832

 
(480
)
 
20,182

 
(830
)
 
105,014

 
(1,310
)
CLO and other ABS
 
205,191

 
(1,938
)
 
204,385

 
(3,496
)
 
409,576

 
(5,434
)
CMBS
 
62,893

 
(264
)
 
828

 
(3
)
 
63,721

 
(267
)
RMBS
 
126,089

 
(425
)
 
5,375

 
(30
)
 
131,464

 
(455
)
Total AFS fixed income securities
 
$
516,259

 
(3,379
)
 
230,770

 
(4,359
)
 
747,029

 
(7,738
)
December 31, 2018
 
Less than 12 months
 
12 months or longer
 
Total
($ in thousands)
 
Fair 
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
AFS fixed income securities:
 
 

 
 

 
 

 
 

 
 
 
 
U.S. government and government agencies
 
$
6,693

 
(174
)
 
23,163

 
(418
)
 
29,856

 
(592
)
Foreign government
 
12,208

 
(93
)
 
1,482

 
(14
)
 
13,690

 
(107
)
Obligations of states and political subdivisions
 
196,798

 
(2,074
)
 
42,821

 
(557
)
 
239,619

 
(2,631
)
Corporate securities
 
1,041,952

 
(23,649
)
 
78,953

 
(4,316
)
 
1,120,905

 
(27,965
)
CLO and other ABS
 
516,106

 
(6,750
)
 
16,800

 
(193
)
 
532,906

 
(6,943
)
CMBS
 
229,338

 
(2,548
)
 
66,294

 
(1,200
)
 
295,632

 
(3,748
)
RMBS
 
139,338

 
(1,660
)
 
45,661

 
(1,421
)
 
184,999

 
(3,081
)
Total AFS fixed income securities
 
$
2,142,433

 
(36,948
)
 
275,174

 
(8,119
)
 
2,417,607

 
(45,067
)
Schedule of Investments Classified by Contractual Maturity Date
 
 
AFS
 
HTM
($ in thousands)
 
Fair Value
 
Carrying Value
 
Fair Value
Due in one year or less
 
$
394,027

 
1,211

 
1,229

Due after one year through five years
 
3,001,602

 
13,856

 
14,820

Due after five years through 10 years
 
2,531,172

 
5,733

 
5,926

Due after 10 years
 
168,819

 
—

 
—

Total fixed income securities
 
$
6,095,620

 
20,800

 
21,975
Schedule of Other Investment Portfolio by Strategy and the Remaining Commitment Amount Associated With Each Strategy
Other Investments
 
December 31, 2019
 
December 31, 2018
($ in thousands)
 
Carrying
Value
 
Remaining
Commitment
 
Maximum
Exposure to Loss1
 
Carrying
Value
 
Remaining
Commitment
 
Maximum
Exposure to Loss1
Alternative Investments
 
 

 
 
 
 
 
 

 
 
 
 

Private equity
 
$
118,352

 
93,138

 
211,490

 
84,352

 
93,688

 
178,040

Private credit
 
42,532

 
105,340

 
147,872

 
41,682

 
81,453

 
123,135

Real assets
 
23,256

 
20,741

 
43,997

 
27,862

 
27,129

 
54,991

Total alternative investments
 
184,140

 
219,219

 
403,359

 
153,896

 
202,270

 
356,166

Other securities2
 
32,667

 
—

 
32,667

 
25,042

 
—

 
25,042

Total other investments
 
$
216,807

 
219,219

 
436,026

 
178,938

 
202,270

 
381,208
Schedule of Aggregated Summarized Balance Sheet Financial Information For Partnerships In Our Alternative Investment Portfolio
Balance Sheet Information
 
 
 
 
December 31,
 
 
 
 
($ in millions)
 
2019
 
2018
Investments
 
$
43,857

 
28,292

Total assets
 
45,432

 
30,377

Total liabilities
 
5,670

 
4,532

Total partners’ capital
 
39,762

 
25,845
Schedule of Aggregated Summarized Income Statement Financial Information For Partnerships In Our Alternative Investment Portfolio
Income Statement Information
 
 
 
 
 
 
12 months ended September 30,
 
 
 
 
 
 
($ in millions)
 
2019
 
2018
 
2017
Net investment (loss) income
 
$
(8
)
 
134

 
(143
)
Realized gains
 
695

 
1,981

 
325

Net change in unrealized appreciation
 
5,543

 
1,303

 
2,894

Net income before tax
 
$
6,230

 
3,418

 
3,076

 
 
 
 
 
 
 
Insurance Subsidiaries' alternative investments income before tax
 
17.9

 
17.6

 
12.7
Schedule Of Securities Pledged As Collateral
($ in millions)
 
 FHLBI Collateral
 
FHLBNY Collateral
 
State and Regulatory Deposits
 
Total
U.S. government and government agencies
 
$
—

 
—

 
22.8

 
22.8

Obligations of states and political subdivisions
 
—

 
—

 
4.0

 
4.0

Corporate securities
 
—

 
—

 
0.3

 
0.3

CMBS
 
7.2

 
17.9

 
—

 
25.1

RMBS
 
59.0

 
77.6

 
—

 
136.6

Total pledged as collateral
 
$
66.2

 
95.5

 
27.1

 
188.8
Schedule of Components of Pre-Tax Net Investment Income Earned
($ in thousands)
 
2019
 
2018
 
2017
Fixed income securities
 
$
203,255

 
178,104

 
153,230

Equity securities
 
6,996

 
7,764

 
6,442

Short-term investments
 
6,653

 
3,472

 
1,526

Other investments
 
18,778

 
17,799

 
12,871

Investment expenses
 
(13,139
)
 
(11,803
)
 
(12,187
)
Net investment income earned
 
$
222,543

 
195,336

 
161,882
Schedule of OTTI by Asset Type
2019
 
 
 
 
 
Recognized in
Earnings
($ in thousands)
 
Gross
 
Included in OCI
 
AFS fixed income securities:
 
 
 
 
 
 
Obligations of states and political subdivisions
 
66

 
—

 
66

Corporate securities
 
$
2,529

 
—

 
2,529

Total AFS fixed income securities
 
2,595

 
—

 
2,595

Other investments
 
1,049

 
—

 
1,049

Total OTTI losses
 
$
3,644

 
—

 
3,644


2018
 
 
 
 
 
Recognized in
Earnings
($ in thousands)
 
Gross
 
Included in OCI
 
AFS fixed income securities:
 
 
 
 
 
 
Corporate securities
 
$
1,783

 
—

 
1,783

RMBS
 
2,903

 
—

 
2,903

Total AFS fixed income securities
 
4,686

 
—

 
4,686

Other investments
 
1,893

 
—

 
1,893

Total OTTI losses
 
$
6,579

 
—

 
6,579

2017
 
 
 
 
 
Recognized in
Earnings
($ in thousands)
 
Gross
 
Included in OCI
 
AFS fixed income securities:
 
 

 
 

 
 

U.S. government and government agencies
 
$
36

 
—

 
36

Obligations of states and political subdivisons
 
612

 
—

 
612

Corporate securities
 
587

 
—

 
587

CLO and other ABS

 
96

 
—

 
96

CMBS
 
670

 
—

 
670

RMBS
 
1,183

 
(36
)
 
1,219

Total AFS fixed income securities
 
3,184

 
(36
)
 
3,220

AFS equity securities:
 
 
 
 
 
 
Common stock
 
1,435

 
—

 
1,435

Total AFS equity securities
 
1,435

 
—

 
1,435

Other investments
 
190

 
—

 
190

Total OTTI losses
 
$
4,809

 
(36
)
 
4,845
Components of Net Realized and Unrealized Gains (Losses)
($ in thousands)
 
2019
 
2018
 
2017
Net realized gains (losses) on the disposals of securities:
 
 
 
 
 
 
Fixed income securities
 
$
1,910

 
(34,953
)
 
6,944

Equity securities
 
24,844

 
18,695

 
4,629

Short-term investments
 
(16
)
 
(3
)
 
(4
)
Other investments
 
(23
)
 
(2,714
)
 
(365
)
Net realized gains (losses) on the disposal of securities
 
26,715

 
(18,975
)
 
11,204

OTTI charges
 
(3,644
)
 
(6,579
)
 
(4,845
)
Net realized gains (losses)
 
23,071

 
(25,554
)
 
6,359

Unrealized (losses) recognized in income on equity securities
 
(8,649
)
 
(29,369
)
 
—

Total net realized and unrealized investment gains (losses)
 
$
14,422

 
(54,923
)
 
6,359
Schedule of Components of Net Realized Gains Excluding OTTI Charges
($ in thousands)
 
2019
 
2018
 
2017
HTM fixed income securities
 
 

 
 

 
 

Gains
 
$
1

 
2

 
44

Losses
 
(15
)
 
—

 
(1
)
AFS fixed income securities
 
 

 
 

 
 

Gains
 
6,899

 
5,460

 
10,193

Losses
 
(4,975
)
 
(40,415
)
 
(3,292
)
Equity securities
 
 

 
 

 
 

Gains
 
24,980

 
23,203

 
5,829

Losses
 
(136
)
 
(4,508
)
 
(1,200
)
Short-term investments
 
 
 
 
 
 
Gains
 
24

 
7

 
2

Losses
 
(40
)
 
(10
)
 
(6
)
Other investments
 
 

 
 

 
 

Gains
 
6

 
—

 
494

Losses
 
(29
)
 
(2,714
)
 
(859
)
Total net realized investment gains (losses)
 
$
26,715

 
(18,975
)
 
11,204
Equity Securities [Member]  
Investment [Line Items]  
Unrealized Gain (Loss) on Securities [Table Text Block]
($ in thousands)
 
2019
 
2018
Unrealized gains (losses) recognized in income on equity securities:
 
 
 
 
On securities remaining in our portfolio at December 31, 2019
 
1,219

 
(3,098
)
On securities sold in each respective period
 
(9,868
)
 
(26,271
)
Total unrealized (losses) recognized in income on equity securities
 
$
(8,649
)
 
(29,369
)