Fair Value Measurements (Table Text Block)

6 Months Ended

Sep. 30, 2018

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 September 30, 2018		Total		Level 1		Level 2		Level 3
		(Unaudited)
		(In thousands)
Assets
Short term investments	$	401,666	$	401,666	$	–	$	–
Fixed maturities - available for sale		1,979,164		7,298		1,971,616		250
Preferred stock		9,565		9,565		–		–
Common stock		26,673		26,673		–		–
Derivatives		3,855		3,496		359		–
Total	$	2,420,923	$	448,698	$	1,971,975	$	250
Liabilities
Derivatives	$	–	$	–	$	–	$	–
Total	$	–	$	–	$	–	$	–

As of March 31, 2018		Total		Level 1		Level 2		Level 3
		(In thousands)
Assets
Short term investments	$	475,320	$	475,320	$	–	$	–
Fixed maturities - available for sale		1,881,137		7,567		1,873,293		277
Preferred stock		10,861		10,861		–		–
Common stock		27,862		27,862		–		–
Derivatives		4,825		4,388		437		–
Total	$	2,400,005	$	525,998	$	1,873,730	$	277
Liabilities
Derivatives	$	897	$	–	$	897	$	–
Total	$	897	$	–	$	897	$	–

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

.		Fixed Maturities - Asset Backed Securities
		(Unaudited)
		(In thousands)
Balance as of March 31, 2018	$	277
Fixed Maturities - Asset Backed Securities - redeemed		(46)
Fixed Maturities - Asset Backed Securities - net gain (unrealized)		19
Balance as of September 30, 2018	$	250