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Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets:    
Equity securities $ 1,126,491 $ 941,243
Arbitrage trading account 1,189,000 1,180,000
Loans receivable 115,556 116,534
Liabilities:    
Trading account payable to brokers and clearing organizations 56,652 53,636
Carrying Value    
Assets:    
Fixed maturity securities 16,426,196 16,602,673
Equity securities 1,126,491 941,243
Arbitrage trading account 1,188,910 1,179,606
Loans receivable 115,097 115,172
Cash and cash equivalents 2,114,841 1,568,843
Due from broker 0 20,448
Liabilities:    
Due to broker 77,601 0
Trading account payable to brokers and clearing organizations 56,652 53,636
Trading account securities sold but not yet purchased 241 1,169
Senior notes and other debt 1,834,155 2,259,416
Subordinated debentures 1,007,832 1,007,652
Fair Value    
Assets:    
Fixed maturity securities 16,433,614 16,614,118
Equity securities 1,126,491 941,243
Arbitrage trading account 1,188,910 1,179,606
Loans receivable 115,556 116,534
Cash and cash equivalents 2,114,841 1,568,843
Due from broker 0 20,448
Liabilities:    
Due to broker 77,601 0
Trading account payable to brokers and clearing organizations 56,652 53,636
Trading account securities sold but not yet purchased 241 1,169
Senior notes and other debt 1,788,992 2,526,630
Subordinated debentures $ 957,670 $ 1,095,600