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Fair Value Measurements (Table Text Block)
3 Months Ended
Jun. 30, 2018
Mar. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis

As of June 30, 2018

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(Unaudited)

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short term investments

$

409,787

$

409,787

$

$

Fixed maturities - available for sale

 

1,913,838

 

7,372

 

1,906,197

 

269

Preferred stock

 

10,186

 

10,186

 

 

Common stock

 

26,852

 

26,852

 

 

Derivatives

 

4,256

 

3,834

 

422

 

Total

$

2,364,919

$

458,031

$

1,906,619

$

269

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives

$

338

$

$

338

$

Total

$

338

$

$

338

$

 

As of March 31, 2018

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short term investments

$

475,320

$

475,320

$

$

Fixed maturities - available for sale

 

1,881,137

 

7,567

 

1,873,293

 

277

Preferred stock

 

10,861

 

10,861

 

 

Common stock

 

27,862

 

27,862

 

 

Derivatives

 

4,825

 

4,388

 

437

 

Total

$

2,400,005

$

525,998

$

1,873,730

$

277

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives

$

897

$

$

897

$

Total

$

897

$

$

897

$

 

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

 

 

Fixed Maturities - Asset Backed Securities

 

 

(Unaudited)

 

 

(In thousands)

Balance as of March 31, 2018

$ 

277

 

 

 

Fixed Maturities - Asset Backed Securities - redeemed

 

(14)

Fixed Maturities - Asset Backed Securities - net gain (unrealized)

 

6

Balance as of June 30, 2018

$ 

269