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INVESTMENTS - Net Investment Gains (Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Gross realized investment gains        
Fixed maturities and short-term investments $ 11,460 $ 1,127 $ 23,829 $ 11,549
Equity securities 17 0 1,535 0
Gross realized investment gains 11,477 1,127 25,364 11,549
Gross realized investment losses        
Fixed maturities and short-term investments (43,695) (87,601) (97,343) (150,747)
Equity securities 0 0 (396) (224)
Gross realized investment losses (43,695) (87,601) (97,739) (150,971)
(Increase) decrease in allowance for expected credit losses, fixed maturities, available for sale 2,094 (6,911) 1,182 (6,981)
(Increase) decrease in allowance for expected credit losses, mortgage loans (1,740) 0 (3,638) 0
Impairment losses (9,083) (473) (9,083) (582)
Change in fair value of investment derivatives (528) 4,822 (1,474) 7,063
Net unrealized gains (losses) on equity securities 17,105 (84,227) 40,830 (127,849)
Total net investment gains (losses) $ (24,370) $ (173,263) $ (44,558) $ (267,771)