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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 1Level 2Level 3Total
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 1Level 2Level 3Total
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