XML 57 R44.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurement (Assets Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Fixed maturities, available-for-sale $ 3,904,136 $ 2,457,531
Fixed maturities, trading 45,049 48,456
Equity investments 214,530 120,101
Level 3    
Liabilities:    
Other liabilities 24,000 0
U.S. Treasury obligations    
Assets:    
Fixed maturities, available-for-sale 242,705 107,059
U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available-for-sale 20,468 12,261
State and municipal bonds    
Assets:    
Fixed maturities, available-for-sale 522,707 332,920
Corporate debt, limited observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 19,712 3,265
Residential mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 477,909 276,541
Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 14,942 13,310
Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 219,024 113,092
Other asset-backed securities    
Assets:    
Fixed maturities, available-for-sale 443,268 273,006
Recurring    
Assets:    
Total assets categorized within the fair value hierarchy 4,674,541 3,242,057
Recurring | Level 1    
Assets:    
Fixed maturities, trading 0 0
Other assets 0 0
Total assets categorized within the fair value hierarchy 325,663 416,757
Liabilities:    
Other liabilities 0  
Total liabilities categorized within the fair value hierarchy 0  
Recurring | Level 2    
Assets:    
Fixed maturities, trading 45,049 48,456
Other assets 601 329
Total assets categorized within the fair value hierarchy 4,059,680 2,567,083
Liabilities:    
Other liabilities 0  
Total liabilities categorized within the fair value hierarchy 0  
Recurring | Level 3    
Assets:    
Fixed maturities, trading 0 0
Other assets 0 0
Total assets categorized within the fair value hierarchy 37,523 11,958
Liabilities:    
Other liabilities 24,000  
Total liabilities categorized within the fair value hierarchy 24,000  
Recurring | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, trading 45,049 48,456
Other assets 601 329
Total assets categorized within the fair value hierarchy 4,422,866 2,995,798
Liabilities:    
Other liabilities 24,000  
Total liabilities categorized within the fair value hierarchy 24,000  
Recurring | U.S. Treasury obligations | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Treasury obligations | Level 2    
Assets:    
Fixed maturities, available-for-sale 242,705 107,059
Recurring | U.S. Treasury obligations | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Treasury obligations | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 242,705 107,059
Recurring | U.S. Government-sponsored enterprise obligations | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Government-sponsored enterprise obligations | Level 2    
Assets:    
Fixed maturities, available-for-sale 20,468 12,261
Recurring | U.S. Government-sponsored enterprise obligations | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Government-sponsored enterprise obligations | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 20,468 12,261
Recurring | State and municipal bonds | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | State and municipal bonds | Level 2    
Assets:    
Fixed maturities, available-for-sale 522,707 332,920
Recurring | State and municipal bonds | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | State and municipal bonds | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 522,707 332,920
Recurring | Corporate debt, multiple observable inputs | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, multiple observable inputs | Level 2    
Assets:    
Fixed maturities, available-for-sale 1,943,401 1,326,077
Recurring | Corporate debt, multiple observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, multiple observable inputs | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 1,943,401 1,326,077
Recurring | Corporate debt, limited observable inputs | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, limited observable inputs | Level 2    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, limited observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 19,712 3,265
Recurring | Corporate debt, limited observable inputs | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 19,712 3,265
Recurring | Residential mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Residential mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 473,674 274,509
Recurring | Residential mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 4,235 2,032
Recurring | Residential mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 477,909 276,541
Recurring | Agency commercial mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Agency commercial mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 14,942 13,310
Recurring | Agency commercial mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Agency commercial mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 14,942 13,310
Recurring | Other commercial mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other commercial mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 219,024 113,092
Recurring | Other commercial mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other commercial mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 219,024 113,092
Recurring | Other asset-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other asset-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 432,261 266,345
Recurring | Other asset-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 11,007 6,661
Recurring | Other asset-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 443,268 273,006
Recurring | Financial | Level 1    
Assets:    
Equity investments 0 13,810
Recurring | Financial | Level 2    
Assets:    
Equity investments 868 0
Recurring | Financial | Level 3    
Assets:    
Equity investments 0 0
Recurring | Financial | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 868 13,810
Recurring | Utilities/Energy | Level 1    
Assets:    
Equity investments 0 564
Recurring | Utilities/Energy | Level 2    
Assets:    
Equity investments 0 0
Recurring | Utilities/Energy | Level 3    
Assets:    
Equity investments 69 0
Recurring | Utilities/Energy | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 69 564
Recurring | Consumer oriented | Level 1    
Assets:    
Equity investments   1,262
Recurring | Consumer oriented | Level 2    
Assets:    
Equity investments   0
Recurring | Consumer oriented | Level 3    
Assets:    
Equity investments   0
Recurring | Consumer oriented | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments   1,262
Recurring | Industrial | Level 1    
Assets:    
Equity investments 0 2,240
Recurring | Industrial | Level 2    
Assets:    
Equity investments 0 0
Recurring | Industrial | Level 3    
Assets:    
Equity investments 2,500 0
Recurring | Industrial | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 2,500 2,240
Recurring | Bond funds | Level 1    
Assets:    
Equity investments 191,834 69,475
Recurring | Bond funds | Level 2    
Assets:    
Equity investments 0 0
Recurring | Bond funds | Level 3    
Assets:    
Equity investments 0 0
Recurring | Bond funds | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 191,834 69,475
Recurring | All other | Level 1    
Assets:    
Equity investments 19,259 20,202
Recurring | All other | Level 2    
Assets:    
Equity investments 0 0
Recurring | All other | Level 3    
Assets:    
Equity investments 0 0
Recurring | All other | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 19,259 20,202
Recurring | Short-term investments | Level 1    
Assets:    
Short-term and other investments 112,706 307,695
Recurring | Short-term investments | Level 2    
Assets:    
Short-term and other investments 39,002 30,118
Recurring | Short-term investments | Level 3    
Assets:    
Short-term and other investments 0 0
Recurring | Short-term investments | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Short-term and other investments 151,708 337,813
Recurring | Other investments | Level 1    
Assets:    
Short-term and other investments 1,864 1,509
Recurring | Other investments | Level 2    
Assets:    
Short-term and other investments 104,978 42,607
Recurring | Other investments | Level 3    
Assets:    
Short-term and other investments 0 0
Recurring | Other investments | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Short-term and other investments 106,842 44,116
Recurring | Equity investments | Fair Value Measured at Net Asset Value Per Share | Equity investments    
Assets:    
Total assets categorized within the fair value hierarchy   12,548
Recurring | Equity investments | Fair Value Measured at Net Asset Value Per Share | Investment in unconsolidated subsidiaries    
Assets:    
Total assets categorized within the fair value hierarchy $ 251,675 $ 233,711