XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

Fair Value (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Fair Value Disclosures [Abstract] |
Schedule of Financial Instruments Measured at Fair Value on a Recurring Basis | The following table presents the financial instruments measured at fair value on a recurring basis at September 30, 2023 and December 31, 2022:
| 2023
(Expressed in thousands of U.S. Dollars) | Level 1 |  | Level 2 |  | Level 3 |  | Total
Fixed maturities: |  |  |  |  |  |  |
U.S. government treasuries | $ | — |  |  | $ | 619,086 |  |  | $ | — |  |  | $ | 619,086 |
U.S. states, territories and municipalities | — |  |  | 4,354 |  |  | — |  |  | 4,354 |
Non-U.S. sovereign governments and supranationals | — |  |  | 43,332 |  |  | — |  |  | 43,332 |
Corporate | — |  |  | 811,337 |  |  | — |  |  | 811,337 |
Residential mortgage-backed securities - Agency | — |  |  | 127,980 |  |  | — |  |  | 127,980 |
Residential mortgage-backed securities - Non-agency | — |  |  | 3,944 |  |  | — |  |  | 3,944 |
Commercial mortgage-backed securities - Non-agency | — |  |  | 8,893 |  |  | — |  |  | 8,893 |
Other asset-backed securities | — |  |  | 12,545 |  |  | — |  |  | 12,545 |
Total fixed maturities | — |  |  | 1,631,471 |  |  | — |  |  | 1,631,471 |
Short-term investments | — |  |  | 348,968 |  |  | — |  |  | 348,968 |
Total | $ | — |  |  | $ | 1,980,439 |  |  | $ | — |  |  | $ | 1,980,439 |
| 2022
(Expressed in thousands of U.S. Dollars) | Level 1 |  | Level 2 |  | Level 3 |  | Total
Fixed maturities: |  |  |  |  |  |  |
U.S. government treasuries | $ | — |  |  | $ | 471,851 |  |  | $ | — |  |  | $ | 471,851 |
U.S. states, territories and municipalities | — |  |  | 4,307 |  |  | — |  |  | 4,307 |
Non-U.S. sovereign governments and supranationals | — |  |  | 12,952 |  |  | — |  |  | 12,952 |
Corporate | — |  |  | 647,477 |  |  | — |  |  | 647,477 |
Residential mortgage-backed securities - Agency | — |  |  | 96,410 |  |  | — |  |  | 96,410 |
Residential mortgage-backed securities - Non-agency | — |  |  | 4,375 |  |  | — |  |  | 4,375 |
Commercial mortgage-backed securities - Non-agency | — |  |  | 9,219 |  |  | — |  |  | 9,219 |
Other asset-backed securities | — |  |  | 12,885 |  |  | — |  |  | 12,885 |
Total fixed maturities | — |  |  | 1,259,476 |  |  | — |  |  | 1,259,476 |
Short-term investments | — |  |  | 286,111 |  |  | — |  |  | 286,111 |
Total | $ | — |  |  | $ | 1,545,587 |  |  | $ | — |  |  | $ | 1,545,587 |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration