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INVESTMENTS - Net Investment gains (losses) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Gross realized investment gains      
Fixed maturities and short-term investments $ 137,729 $ 186,726 $ 93,160
Equity securities 5,413 25,648 3,449
Gross realized investment gains 143,142 212,374 96,609
Gross realized investment losses      
Fixed maturities and short-term investments (42,613) (94,607) (56,515)
Equity securities (696) (5,840) (323)
Gross realized investment losses (43,309) (100,447) (56,838)
Allowance for expected credit losses 11 (323) 0
Impairment losses (22) (1,486) 0
OTTI losses 0 0 (6,984)
Change in fair value of investment derivatives 4,346 (2,434) (1,823)
Net unrealized gains (losses) on equity securities 30,111 21,449 60,269
Total net investment gains $ 134,279 $ 129,133 $ 91,233