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OTHER COMPREHENSIVE INCOME (LOSS) - Tax Effects of Other Comprehensive Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Before tax amount        
Unrealized gains (losses) arising during the period, net of reclassification adjustment $ (72,887) $ (390,651) $ 140,034 $ (845,936)
Foreign currency translation adjustment 3,183 (6,193) 2,648 (3,418)
Total comprehensive income (loss), before tax (69,704) (396,844) 142,682 (849,354)
Income tax (expense) benefit        
Unrealized gains (losses) arising during the period, net of reclassification adjustment 11,091 11,030 (12,891) 68,704
Foreign currency translation adjustment 0 0 0 0
Total comprehensive income (loss), net of tax 11,091 11,030 (12,891) 68,704
Net of tax amount        
Unrealized gains (losses) arising during the period, net of reclassification adjustment (61,796) (379,621) 127,143 (777,232)
Foreign currency translation adjustment 3,183 (6,193) 2,648 (3,418)
Total other comprehensive income (loss), net of tax (58,613) (385,814) 129,791 (780,650)
Available for sale investments        
Before tax amount        
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) 40,157 93,813 84,277 146,729
Income tax (expense) benefit        
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) (3,536) (9,449) (6,907) (17,023)
Net of tax amount        
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) 36,621 84,364 77,370 129,706
Unrealized gains (losses) arising during the period, net of reclassification adjustment (61,796) (379,621) 127,143 (777,232)
Available for sale investments | Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized        
Before tax amount        
Unrealized gains (losses) arising during the period (112,993) (482,284) 46,744 (987,265)
Income tax (expense) benefit        
Unrealized gains (losses) arising during the period 14,591 20,338 (5,044) 85,494
Net of tax amount        
Unrealized gains (losses) arising during the period (98,402) (461,946) 41,700 (901,771)
Available for sale investments | Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized        
Before tax amount        
Unrealized gains (losses) arising during the period (51) (2,180) 9,013 (5,400)
Income tax (expense) benefit        
Unrealized gains (losses) arising during the period 36 141 (940) 233
Net of tax amount        
Unrealized gains (losses) arising during the period $ (15) $ (2,039) $ 8,073 $ (5,167)