XML 92 R66.htm IDEA: XBRL DOCUMENT v3.25.0.1
INVESTMENTS - Fixed Maturities Available For Sale (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Available for sale        
Amortized cost $ 12,419,905 $ 12,634,254    
Allowance for expected credit losses (3,938) (10,759) $ (11,733) $ (313)
Gross unrealized gains 48,121 91,762    
Gross unrealized losses (311,335) (480,515)    
Fair value 12,152,753 12,234,742    
U.S. government and agency        
Available for sale        
Amortized cost 2,830,111 3,049,445    
Allowance for expected credit losses 0 0    
Gross unrealized gains 6,011 13,211    
Gross unrealized losses (33,136) (55,128)    
Fair value 2,802,986 3,007,528    
Non-U.S. government        
Available for sale        
Amortized cost 753,315 729,761    
Allowance for expected credit losses 0 (30)    
Gross unrealized gains 2,584 13,089    
Gross unrealized losses (25,960) (18,861)    
Fair value 729,939 723,959    
Corporate debt        
Available for sale        
Amortized cost 4,941,510 4,651,654    
Allowance for expected credit losses (3,690) (10,438)    
Gross unrealized gains 30,594 49,434    
Gross unrealized losses (126,224) (216,478)    
Fair value 4,842,190 4,474,172    
Agency RMBS        
Available for sale        
Amortized cost 1,245,681 1,706,204    
Allowance for expected credit losses 0 0    
Gross unrealized gains 1,154 11,495    
Gross unrealized losses (61,990) (83,038)    
Fair value 1,184,845 1,634,661    
CMBS        
Available for sale        
Amortized cost 852,534 897,553    
Allowance for expected credit losses 0 0    
Gross unrealized gains 1,244 551    
Gross unrealized losses (34,170) (58,408)    
Fair value 819,608 839,696    
Non-agency RMBS        
Available for sale        
Amortized cost 132,116 165,910    
Allowance for expected credit losses (195) (194)    
Gross unrealized gains 597 713    
Gross unrealized losses (9,982) (13,033)    
Fair value 122,536 153,396    
ABS        
Available for sale        
Amortized cost 1,547,350 1,265,187    
Allowance for expected credit losses (53) (50)    
Gross unrealized gains 5,812 2,855    
Gross unrealized losses (13,277) (25,021)    
Fair value 1,539,832 1,242,971    
Municipals        
Available for sale        
Amortized cost 117,288 168,540    
Allowance for expected credit losses 0 (47)    
Gross unrealized gains 125 414    
Gross unrealized losses (6,596) (10,548)    
Fair value $ 110,817 $ 158,359