Fair Value Measurements (Table Text Block)

9 Months Ended

Dec. 31, 2017

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, 2017		Total		Level 1		Level 2		Level 3
		(Unaudited)
		(In thousands)
Assets
Short term investments	$	778,878	$	778,678	$	200	$	–
Fixed maturities - available for sale		1,829,863		7,647		1,821,938		278
Preferred stock		11,986		11,986		–		–
Common stock		26,465		26,465		–		–
Derivatives		4,190		4,190		–		–
Total	$	2,651,382	$	828,966	$	1,822,138	$	278
Liabilities
Derivatives	$	1,253	$	–	$	1,253	$	–
Total	$	1,253	$	–	$	1,253	$	–

As of March 31, 2017		Total		Level 1		Level 2		Level 3
		(In thousands)
Assets
Short term investments	$	521,911	$	521,710	$	201	$	–
Fixed maturities - available for sale		1,625,845		6,491		1,619,024		330
Preferred stock		13,489		13,489		–		–
Common stock		24,434		24,434		–		–
Derivatives		4,260		4,260		–		–
Total	$	2,189,939	$	570,384	$	1,619,225	$	330
Liabilities
Derivatives	$	4,903	$	–	$	4,903	$	–
Total	$	4,903	$	–	$	4,903	$	–

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

.		Fixed Maturities - Asset Backed Securities
		(Unaudited)
		(In thousands)
Balance at March 31, 2017	$	330
Fixed Maturities - Asset Backed Securities - redeemed		(89)
Fixed Maturities - Asset Backed Securities - net gain (unrealized)		37
Balance at December 31, 2017	$	278