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INVESTMENTS (Net Investment Gains) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Gross realized investment gains        
Fixed maturities and short-term investments $ 55,695 $ 51,017 $ 105,865 $ 90,948
Equity securities 4,433 22,038 5,002 23,958
Gross realized investment gains 60,128 73,055 110,867 114,906
Gross realized investment losses        
Fixed maturities and short-term investments (8,868) (55,056) (28,237) (77,821)
Equity securities (27) (3,120) (116) (5,802)
Gross realized investment losses (8,895) (58,176) (28,353) (83,623)
Change in allowance for expected credit losses 150 13,761 239 (6,257)
Impairment losses 0 (112) 0 (1,302)
Change in fair value of investment derivatives (847) 154 901 3,316
Net unrealized gains (losses) on equity securities 22,757 24,361 19,282 (36,871)
Total net investment gains (losses) $ 73,293 $ 53,043 $ 102,936 $ (9,831)