Fair Value Measurements (Table Text Block)

9 Months Ended

Dec. 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 December 31, 2018		Total		Level 1		Level 2		Level 3
		(Unaudited)
		(In thousands)
Assets
Short term investments	$	670,795	$	670,795	$	–	$	–
Fixed maturities - available for sale		2,100,229		7,190		2,092,818		221
Preferred stock		8,815		8,815		–		–
Common stock		18,298		18,298		–		–
Derivatives		4,783		4,543		240		–
Total	$	2,802,920	$	709,641	$	2,093,058	$	221
Liabilities
Derivatives	$	–	$	–	$	–	$	–
Total	$	–	$	–	$	–	$	–

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		(95)
Fixed Maturities - Asset-Backed Securities - net gain (unrealized)		39
Balance as of December 31, 2018	$	221