XML 44 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Investments - Assets Measured at Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets measured at Fair Value    
Available-for-sale fixed income $ 3,274,276 $ 3,175,796
Equity securities 725,946 736,191
U.S. government    
Assets measured at Fair Value    
Available-for-sale fixed income 560,309 515,635
U.S. Agency    
Assets measured at Fair Value    
Available-for-sale fixed income 55,641 54,338
Non-U.S. government & agency    
Assets measured at Fair Value    
Available-for-sale fixed income 11,884 7,871
Agency MBS    
Assets measured at Fair Value    
Available-for-sale fixed income 403,391 396,223
ABS/CMBS/MBS    
Assets measured at Fair Value    
Available-for-sale fixed income 418,741 410,248
Corporate    
Assets measured at Fair Value    
Available-for-sale fixed income 1,384,635 1,346,521
Municipal    
Assets measured at Fair Value    
Available-for-sale fixed income 439,675 444,960
Fair Value Measured on Recurring Basis    
Assets measured at Fair Value    
Available-for-sale fixed income 3,274,276 3,175,796
Equity securities 725,946 736,191
Total assets at fair value 4,000,222 3,911,987
Fair Value Measured on Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets measured at Fair Value    
Equity securities 721,268 731,569
Total assets at fair value 721,268 731,569
Fair Value Measured on Recurring Basis | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 3,180,009 3,085,293
Total assets at fair value 3,180,009 3,085,293
Fair Value Measured on Recurring Basis | Significant Unobservable Inputs (Level 3)    
Assets measured at Fair Value    
Available-for-sale fixed income 94,267 90,503
Equity securities 4,678 4,622
Total assets at fair value 98,945 95,125
Fair Value Measured on Recurring Basis | U.S. government    
Assets measured at Fair Value    
Available-for-sale fixed income 560,309 515,635
Fair Value Measured on Recurring Basis | U.S. government | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 560,309 515,635
Fair Value Measured on Recurring Basis | U.S. Agency    
Assets measured at Fair Value    
Available-for-sale fixed income 55,641 54,338
Fair Value Measured on Recurring Basis | U.S. Agency | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 55,641 54,338
Fair Value Measured on Recurring Basis | Non-U.S. government & agency    
Assets measured at Fair Value    
Available-for-sale fixed income 11,884 7,871
Fair Value Measured on Recurring Basis | Non-U.S. government & agency | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 10,891 6,898
Fair Value Measured on Recurring Basis | Non-U.S. government & agency | Significant Unobservable Inputs (Level 3)    
Assets measured at Fair Value    
Available-for-sale fixed income 993 973
Fair Value Measured on Recurring Basis | Agency MBS    
Assets measured at Fair Value    
Available-for-sale fixed income 403,391 396,223
Fair Value Measured on Recurring Basis | Agency MBS | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 403,391 396,223
Fair Value Measured on Recurring Basis | ABS/CMBS/MBS    
Assets measured at Fair Value    
Available-for-sale fixed income 418,741 410,248
Fair Value Measured on Recurring Basis | ABS/CMBS/MBS | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 418,741 410,248
Fair Value Measured on Recurring Basis | Corporate    
Assets measured at Fair Value    
Available-for-sale fixed income 1,384,635 1,346,521
Fair Value Measured on Recurring Basis | Corporate | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income 1,291,361 1,256,991
Fair Value Measured on Recurring Basis | Corporate | Significant Unobservable Inputs (Level 3)    
Assets measured at Fair Value    
Available-for-sale fixed income 93,274 89,530
Fair Value Measured on Recurring Basis | Municipal    
Assets measured at Fair Value    
Available-for-sale fixed income 439,675 444,960
Fair Value Measured on Recurring Basis | Municipal | Significant Other Observable Inputs (Level 2)    
Assets measured at Fair Value    
Available-for-sale fixed income $ 439,675 $ 444,960