XML 46 R37.htm IDEA: XBRL DOCUMENT v3.23.2
Investments - Narrative (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
issuer
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
security
issuer
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Gain (Loss) on Securities [Line Items]          
Fixed maturity securities, available-for-sale $ 1,875,695,000   $ 1,875,695,000   $ 1,783,417,000
Bank loan participations 143,762,000   143,762,000   154,991,000
Unpaid principal balance 156,300,000   156,300,000    
Net investment income 25,175,000 $ 14,705,000 50,947,000 $ 30,972,000  
Net gain (loss) in bank loan participations 2,116,000 (9,895,000) 3,531,000 (11,993,000)  
Unrealized losses 497,000 0 2,400,000 0  
Bank Loan Participations          
Gain (Loss) on Securities [Line Items]          
Net investment income $ 4,400,000 $ 2,700,000 $ 8,700,000 $ 5,100,000  
Fixed maturity securities          
Gain (Loss) on Securities [Line Items]          
Number of issuers | issuer 552   552    
Total fair value $ 1,707,355,000   $ 1,707,355,000   1,588,192,000
Gross unrealized losses 173,776,000   173,776,000   189,491,000
Fixed maturity securities, available-for-sale 1,875,695,000   1,875,695,000   1,783,417,000
Aggregate net unrealized loss $ 173,776,000   173,776,000   $ 189,491,000
Impairment losses     $ 85,000    
Number of impaired securities | security     1    
Fixed maturity securities | BBB- or better          
Gain (Loss) on Securities [Line Items]          
Percentage of available for sale securities 99.90%   99.90%    
Fixed maturity securities | Below BBB-          
Gain (Loss) on Securities [Line Items]          
Fixed maturity securities, available-for-sale $ 2,300,000   $ 2,300,000    
Aggregate net unrealized loss $ 160,000   $ 160,000