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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income (loss) $ 223,083 $ 618,609 $ (120,424)
Other comprehensive income (loss), net of tax:      
Unrealized gains (losses) arising during the year, net of reclassification adjustment (805,850) (358,480) 239,114
Foreign currency translation adjustment (10,986) 621 3,571
Total other comprehensive income (loss), net of tax (816,836) (357,859) 242,685
Comprehensive income (loss) (593,753) 260,750 122,261
Unrealized gains (losses) on available for sale investments      
Other comprehensive income (loss), net of tax:      
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) 304,925 (87,114) (78,012)
Unrealized gains (losses) arising during the year, net of reclassification adjustment (805,850) (358,480) 239,114
Unrealized gains (losses) on available for sale investments | Unrealized gains (losses) arising during the year for which an allowance for expected credit losses has not been recognized      
Other comprehensive income (loss), net of tax:      
Unrealized gains (losses) arising during the year (1,043,625) (271,447) 317,166
Unrealized gains (losses) on available for sale investments | Unrealized gains (losses) arising during the year for which an allowance for expected credit losses has been recognized      
Other comprehensive income (loss), net of tax:      
Unrealized gains (losses) arising during the year $ (67,150) $ 81 $ (40)