XML 96 R81.htm IDEA: XBRL DOCUMENT v3.22.4
Investment Information - Net realized gains and losses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net realized gains and losses:      
Available for sale securities, gross gains on investment sales $ 81,161 $ 313,886 $ 595,941
Available for sale securities, gross losses on investment sales (317,150) (156,791) (117,282)
Equity securities at fair value, net realized gains (losses) on sales during the period 74,922 122,606 26,849
Equity securities at fair value, net unrealized gains (losses) on equity securities still held at reporting date (267,927) 48,746 102,394
Allowance for credit losses - investment related (43,909) (2,100) (3,597)
Allowance for credit losses - underwriting related (13,274) 1,062 (10,007)
Derivative instruments (75,023) (32,390) 179,675
Other [1] (3,553) (53,537) 3,575
Net realized gains (losses) $ (662,734) 379,845 823,460
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net realized gains (losses)    
Somers Holdings Ltd.      
Net realized gains and losses:      
Gain (loss) on deconsolidation   (33,100)  
Fixed maturities      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option $ (70,951) 7,953 15,881
Other investments      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option (19,498) 116,781 13,656
Equity securities      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option (4,520) 13,028 14,629
Short-term investments      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option $ (3,012) $ 601 $ 2,279
[1] 2021 period reflected $33.1 million of losses related to the Company’sdeconsolidation of Somers