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Net Investment (Losses) Gains (Tables)
 9 Months Ended
Sep. 30, 2024
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized And Unrealized Investment Gains (Losses) Net investment (losses) gains were as follows:
For the Three Months
Ended September 30,		For the Nine Months
Ended September 30,
(In thousands)2024202320242023
Net investment (losses) gains:  
Fixed maturity securities:  
Gains$4,799 $299 $11,448 $1,357 
Losses(3,884)(2,700)(11,569)(24,470)
Equity securities (1):
Net realized gains on investment sales (2)407 23,631 102,205 135,763 
Change in unrealized (losses) gains(1,537)(19,059)(42,442)45,605 
Investment funds(101)(3,329)1,109 (3,417)
Real estate (3)1,470 (24,234)(2,704)(68,944)
Loans receivable— (1,428)— (1,428)
Other (4)(24,516)(14,035)(130,212)(34,063)
Net realized and unrealized (losses) gains on investments in earnings before allowance for expected credit losses(23,362)(40,855)(72,165)50,403 
Change in allowance for expected credit losses on investments:
Fixed maturity securities14,888 (2,112)29,768 (8,946)
Loans receivable388 541 1,579 (2,218)
Change in allowance for expected credit losses on investments15,276 (1,571)31,347 (11,164)
Net investment (losses) gains(8,086)(42,426)(40,818)39,239 
Income tax benefit (expense)43 9,405 5,810 (8,033)
After-tax net investment (losses) gains$(8,043)$(33,021)$(35,008)$31,206 
Change in unrealized investment gains (losses) on available for sale securities:  
Fixed maturity securities without allowance for expected credit losses$463,418 $(136,388)$363,430 $(57,293)
Fixed maturity securities with allowance for expected credit losses11,166 (10,244)4,470 (3,094)
Investment funds6,152 (3,217)3,112 (818)
Other32 (606)(181)(1,271)
Total change in unrealized investment gains (losses)480,768 (150,455)370,831 (62,476)
Income tax (expense) benefit (99,775)32,090 (73,298)11,626 
Noncontrolling interests— — 1 (1)
After-tax change in unrealized investment gains (losses) of available for sale securities$380,993 $(118,365)$297,534 $(50,851)
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(1) The net realized gains or losses on investment sales represent the total gains or losses from the purchase dates of the equity securities. The change in unrealized gains (losses) consists of two components: (i) the reversal of the gain or loss recognized in previous periods on equity securities sold and (ii) the change in unrealized gain or loss resulting from mark-to-market adjustments on equity securities still held.
(2) In June 2023, the Company completed a sale of the property and casualty insurance services division of Breckenridge IS, Inc. and recognized a pre-tax net realized gain on investment of $88 million on the sale (proceeds from the sale is presented on the business disposition line within the Consolidated Statements of Cash Flows).
(3) The Company recognized impairments on real estate of $21 million and $72 million in the three months and nine months ended September 30, 2023, respectively.
(4) Primarily relates to realized foreign currency losses upon the disposition of fixed maturity securities.