XML 57 R46.htm IDEA: XBRL DOCUMENT v3.21.2
FAIR VALUE MEASUREMENTS (Significant Unobservable Inputs) (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 865,238 $ 829,156
Derivatives - Other underwriting-related derivatives (18,382) (11,486)
Fixed maturities, available for sale 11,898,300 12,041,799
Other privately held investments    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value 64,786 70,011
Significant unobservable inputs (Level 3)    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value 71,788 76,184
Derivatives - Other underwriting-related derivatives (8,117) (9,122)
Fixed maturities, available for sale 35,286 14,909
Significant unobservable inputs (Level 3) | Other privately held investments    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value 64,786 $ 70,011
Significant unobservable inputs (Level 3) | Discounted cash flow    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Derivatives - Other underwriting-related derivatives $ (8,117)  
Significant unobservable inputs (Level 3) | Discounted cash flow | Discount rate    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Discount rate 0.009  
Significant unobservable inputs (Level 3) | Discounted cash flow | Discount rate | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Discount rate 0.009  
Significant unobservable inputs (Level 3) | Valuation, Market Approach | Other privately held investments    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 43,000  
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 $ 7,002  
Estimated maturity dates 7 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 7 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 0.045  
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 0.045  
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  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Other investments, at fair value $ 21,643  
Estimated maturity dates 5 years  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Estimated maturity dates 5 years  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Discount rate    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.013  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Discount rate | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.013  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Default rates    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.005  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Default rates | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.005  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Loss absorption yield    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.010  
Significant unobservable inputs (Level 3) | Other privately held investments | Discounted cash flow | Loss absorption yield | Weighted average    
Fair Value Inputs Assets Quantitative Information [Line Items]    
Unobservable input 0.010