XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Fair Values of Financial Instruments (Reconciliation of Beginning and Ending Balances of Level 3 Assets and Liabilities) (Details) - Fair Value, Measurements, Recurring - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
States, municipalities and territories    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance $ 222,217 $ 0
Purchases and sales, net 0 0
Transfers in 15,220 97,659
Transfers out 0 0
Included in net income 0 0
Included in other comprehensive income (loss) (32,686) 0
Ending balance 204,751 97,659
Corporate securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 255,437 402,348
Purchases and sales, net 23,369 (26,278)
Transfers in 2,396 347
Transfers out (69,454) 0
Included in net income 0 0
Included in other comprehensive income (loss) (1,432) (1,120)
Ending balance 210,316 375,297
Residential mortgage backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 0 0
Purchases and sales, net 0 0
Transfers in 22,521 0
Transfers out 0 0
Included in net income 0 0
Included in other comprehensive income (loss) 0 0
Ending balance 22,521 0
Other asset backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 1,590,974 442,918
Purchases and sales, net 697,098 227,032
Transfers in 24,210 130,502
Transfers out 0 0
Included in net income 0 0
Included in other comprehensive income (loss) (27,477) 7,776
Ending balance 2,284,805 808,228
Other investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 0 0
Transfers in 150,001 0
Transfers out 0 0
Included in net income 0 0
Included in other comprehensive income (loss) 0 0
Ending balance 150,001 0
Real estate investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 1,217,271 940,559
Purchases and sales, net 36,155 120,908
Included in net income (4,723) (7,836)
Ending balance 1,248,703 1,053,631
Limited partnerships and limited liability companies    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 153,131 64,209
Purchases and sales, net (1,635) 94,137
Included in net income (8,841) 5,981
Ending balance 142,655 164,327
Funds withheld liability - embedded derivative    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Beginning balance (256,776) (441,864)
Transfers in 0 0
Change in fair value, net (41,478) 64,380
Ending balance (298,254) (377,484)
Fixed index annuities - embedded derivatives    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Beginning balance 5,181,894 4,820,845
Premiums less benefits 15,845 (121,181)
Change in fair value, net 75,668 205,469
Ending balance $ 5,273,407 $ 4,905,133