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Net Investment and Interest Income
12 Months Ended
Mar. 31, 2024
Disclosure Text Block [Abstract]  
Net Investment and Interest Income

Note 9. Net Investment and Interest Income

Net investment and interest income, were as follows:

 

 

 

Years Ended March 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Fixed maturities

$

 

105,089

 

$

 

171,814

 

$

 

111,625

 

Insurance policy loans

 

 

669

 

 

 

869

 

 

 

705

 

Mortgage loans

 

 

28,599

 

 

 

23,854

 

 

 

25,850

 

Short-term, amounts held by ceding reinsurers, net and other investments

 

 

20,377

 

 

 

(11,523

)

 

 

17,361

 

Investment income

 

 

154,734

 

 

 

185,014

 

 

 

155,541

 

Less: investment expenses

 

 

(8,266

)

 

 

(8,335

)

 

 

(7,280

)

Net investment and interest income

$

 

146,468

 

$

 

176,679

 

$

 

148,261