XML 82 R61.htm IDEA: XBRL DOCUMENT v3.22.4
INVESTMENTS - Summary of Contractual Maturities of Fixed Maturities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Amortized cost    
Due in one year or less $ 422,039 $ 503,716
Due after one year through five years 5,349,123 4,878,151
Due after five years through ten years 2,192,344 2,478,542
Due after ten years 234,046 277,756
Total fixed maturities with a single maturity date (amortized cost) 8,197,552 8,138,165
Amortized cost 12,176,473 12,241,782
Fair value    
Due in one year or less 409,972 505,602
Due after one year through five years 5,078,273 4,908,640
Due after five years through ten years 1,919,450 2,488,478
Due after ten years 205,575 279,056
Total fixed maturities with a single maturity date (fair value) 7,613,270 8,181,776
Fair value $ 11,326,894 $ 12,313,200
% of Total fair value    
Due in one year or less 3.70% 4.10%
Due after one year through five years 44.80% 39.90%
Due after five years through ten years 16.90% 20.20%
Due after ten years 1.80% 2.30%
Fixed maturities with a single maturity date (% of total fair value) 67.20% 66.50%
Total 100.00% 100.00%
Agency RMBS    
Amortized cost    
Fixed maturities without a single maturity date $ 1,297,423 $ 1,065,973
Amortized cost 1,297,423 1,065,973
Fair value    
Fixed maturities without a single maturity date (fair value) 1,202,785 1,074,589
Fair value $ 1,202,785 $ 1,074,589
% of Total fair value    
Fixed maturities without a single maturity date (% of total fair value) 10.60% 8.70%
CMBS    
Amortized cost    
Fixed maturities without a single maturity date $ 1,029,863 $ 1,223,051
Amortized cost 1,029,863 1,223,051
Fair value    
Fixed maturities without a single maturity date (fair value) 947,778 1,248,191
Fair value $ 947,778 $ 1,248,191
% of Total fair value    
Fixed maturities without a single maturity date (% of total fair value) 8.40% 10.10%
Non-agency RMBS    
Amortized cost    
Fixed maturities without a single maturity date $ 151,907 $ 185,854
Amortized cost 151,907 185,854
Fair value    
Fixed maturities without a single maturity date (fair value) 133,534 186,164
Fair value $ 133,534 $ 186,164
% of Total fair value    
Fixed maturities without a single maturity date (% of total fair value) 1.20% 1.50%
ABS    
Amortized cost    
Fixed maturities without a single maturity date $ 1,499,728 $ 1,628,739
Amortized cost 1,499,728 1,628,739
Fair value    
Fixed maturities without a single maturity date (fair value) 1,429,527 1,622,480
Fair value $ 1,429,527 $ 1,622,480
% of Total fair value    
Fixed maturities without a single maturity date (% of total fair value) 12.60% 13.20%