XML 56 R45.htm IDEA: XBRL DOCUMENT v3.20.2
FAIR VALUE MEASUREMENTS (Significant Unobservable Inputs) (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 768,635 $ 770,923
Derivatives - Other underwriting-related derivatives (11,668) (13,637)
Fixed maturities 12,046,415 12,468,205
Other privately held investments    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value 37,420 36,934
Significant unobservable inputs (Level 3)    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value 47,363 51,262
Derivatives - Other underwriting-related derivatives (9,818) (9,672)
Fixed maturities 16,735 8,021
Significant unobservable inputs (Level 3) | Discounted cash flow    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Derivatives - Other underwriting-related derivatives $ (9,818)  
Significant unobservable inputs (Level 3) | Discounted cash flow | Discount rate    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Discount rate 0.005  
Significant unobservable inputs (Level 3) | Discounted cash flow | Discount rate | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Discount rate 0.005  
Significant unobservable inputs (Level 3) | Other privately held investments    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 37,420 $ 36,934
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 9,943  
Estimated maturity dates 6 years  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Estimated maturity dates 6 years  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Default rates    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.038  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Default rates | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.038  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Loss severity rate    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.500  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Loss severity rate | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.500  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Collateral spreads    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.030  
Significant unobservable inputs (Level 3) | Other investments - CLO-Equities | Discounted cash flow | Collateral spreads | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.030