XML 48 R31.htm IDEA: XBRL DOCUMENT v3.22.2.2
Investments - Summary of Fixed Maturities Available for Sale by Component (Detail) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]    
Fair Value $ 16,005,140 $ 21,305,287
Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 18,173,471 17,805,309
Allowance for Credit Losses 0 (387)
Gross Unrealized Gains 182,301 3,534,404
Gross Unrealized Losses (2,350,632) (34,039)
Fair Value $ 16,005,140 $ 21,305,287
Percentage of Fixed Maturities at Fair Value 100.00% 100.00%
U.S. Government direct, guaranteed, and government-sponsored enterprises | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 389,357 $ 383,083
Allowance for Credit Losses 0 0
Gross Unrealized Gains 2 64,513
Gross Unrealized Losses (36,510) (164)
Fair Value $ 352,849 $ 447,432
Percentage of Fixed Maturities at Fair Value 2.00% 2.00%
States, municipalities, and political subdivisions | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 2,739,017 $ 2,252,997
Allowance for Credit Losses 0 0
Gross Unrealized Gains 24,724 239,135
Gross Unrealized Losses (598,476) (2,907)
Fair Value $ 2,165,265 $ 2,489,225
Percentage of Fixed Maturities at Fair Value 14.00% 12.00%
Foreign governments | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 50,144 $ 59,861
Allowance for Credit Losses 0 0
Gross Unrealized Gains 42 900
Gross Unrealized Losses (10,277) (5,132)
Fair Value $ 39,909 $ 55,629
Percentage of Fixed Maturities at Fair Value 0.00% 0.00%
Corporates | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 14,869,318 $ 14,967,902
Allowance for Credit Losses 0 (387)
Gross Unrealized Gains 143,654 3,199,104
Gross Unrealized Losses (1,699,857) (25,406)
Fair Value $ 13,313,115 $ 18,141,213
Percentage of Fixed Maturities at Fair Value 83.00% 85.00%
Corporates | Financial | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 4,818,454 $ 4,569,160
Allowance for Credit Losses 0 (387)
Gross Unrealized Gains 49,913 907,741
Gross Unrealized Losses (552,378) (9,349)
Fair Value $ 4,315,989 $ 5,467,165
Percentage of Fixed Maturities at Fair Value 27.00% 26.00%
Corporates | Utilities | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 1,906,747 $ 1,931,391
Allowance for Credit Losses 0 0
Gross Unrealized Gains 30,252 490,119
Gross Unrealized Losses (144,762) (1,012)
Fair Value $ 1,792,237 $ 2,420,498
Percentage of Fixed Maturities at Fair Value 11.00% 11.00%
Corporates | Energy | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 1,466,551 $ 1,587,892
Allowance for Credit Losses 0 0
Gross Unrealized Gains 14,281 346,780
Gross Unrealized Losses (135,922) (1,683)
Fair Value $ 1,344,910 $ 1,932,989
Percentage of Fixed Maturities at Fair Value 8.00% 9.00%
Corporates | Other corporate sectors | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 6,677,566 $ 6,879,459
Allowance for Credit Losses 0 0
Gross Unrealized Gains 49,208 1,454,464
Gross Unrealized Losses (866,795) (13,362)
Fair Value $ 5,859,979 $ 8,320,561
Percentage of Fixed Maturities at Fair Value 37.00% 39.00%
Collateralized debt obligations | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 36,721 $ 36,468
Allowance for Credit Losses 0 0
Gross Unrealized Gains 13,874 27,037
Gross Unrealized Losses 0 0
Fair Value $ 50,595 $ 63,505
Percentage of Fixed Maturities at Fair Value 0.00% 0.00%
Other asset-backed securities | Fixed maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 88,914 $ 104,998
Allowance for Credit Losses 0 0
Gross Unrealized Gains 5 3,715
Gross Unrealized Losses (5,512) (430)
Fair Value $ 83,407 $ 108,283
Percentage of Fixed Maturities at Fair Value 1.00% 1.00%