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OTHER COMPREHENSIVE INCOME (LOSS) - Summary of Tax Effects Allocated to Each Component of Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Before tax amount      
Unrealized gains (losses) arising during the year, net of reclassification adjustment $ 125,742 $ 448,477 $ (909,150)
Foreign currency translation adjustment (23,763) (1,572) (10,986)
Total other comprehensive income (loss), net of tax 101,979 446,905 (920,136)
Income tax (expense) benefit      
Unrealized gains (losses) arising during the year, net of reclassification adjustment (3,700) (52,441) 103,300
Foreign currency translation adjustment 0 0 0
Total other comprehensive income (loss), net of tax (3,700) (52,441) 103,300
Net of tax amount      
Unrealized gains (losses) arising during the year, net of reclassification adjustment 122,042 396,036 (805,850)
Foreign currency translation adjustment (23,763) (1,572) (10,986)
Total other comprehensive income (loss), net of tax 98,279 394,464 (816,836)
Available for sale investments      
Before tax amount      
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) 170,984 142,324 335,294
Income tax (expense) benefit      
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) (15,664) (13,811) (30,369)
Net of tax amount      
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) 155,320 128,513 304,925
Unrealized gains (losses) arising during the year, net of reclassification adjustment 122,042 396,036 (805,850)
Available for sale investments | Unrealized gains (losses) arising during the year for which an allowance for expected credit losses has not been recognized      
Before tax amount      
Unrealized gains (losses) arising during the period (44,964) 294,933 (1,171,381)
Income tax (expense) benefit      
Unrealized gains (losses) arising during the period 11,934 (36,993) 127,756
Net of tax amount      
Unrealized gains (losses) arising during the period (33,030) 257,940 (1,043,625)
Available for sale investments | Unrealized gains (losses) arising during the year for which an allowance for expected credit losses has been recognized      
Before tax amount      
Unrealized gains (losses) arising during the period (278) 11,220 (73,063)
Income tax (expense) benefit      
Unrealized gains (losses) arising during the period 30 (1,637) 5,913
Net of tax amount      
Unrealized gains (losses) arising during the period $ (248) $ 9,583 $ (67,150)