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Amortized Cost and Fair Value of Available For Sale Securities (Detail) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost $ 14,514,691 $ 14,898,522    
Debt securities, gross unrealized gains 528,300 762,200    
Debt securities, gross unrealized losses (96,900) (39,600)    
Debt securities, allowance for credit losses (607) (2,579) $ (31,400) $ 0
Debt securities, fair value 14,945,479 15,618,470    
Amortized Cost or Cost 15,109,700 15,612,700    
Gross Unrealized Gains 528,300 762,200    
Gross Unrealized Losses (96,900) (39,600)    
Allowance for Credit Losses (600) (2,600)    
Fair Value 15,540,500 16,332,700    
U.S. Government obligations        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 1,516,500 1,317,600    
Debt securities, gross unrealized gains 25,000 44,000    
Debt securities, gross unrealized losses (15,900) (1,500)    
Debt securities, allowance for credit losses 0 0    
Debt securities, fair value 1,525,600 1,360,100    
Municipal bonds        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 2,459,700 2,489,100    
Debt securities, gross unrealized gains 128,900 168,300    
Debt securities, gross unrealized losses (9,600) (600)    
Debt securities, allowance for credit losses 0 0    
Debt securities, fair value 2,579,000 2,656,800    
Foreign government obligations        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 860,600 846,600    
Debt securities, gross unrealized gains 20,800 33,400    
Debt securities, gross unrealized losses (6,900) (500)    
Debt securities, allowance for credit losses 0 0    
Debt securities, fair value 874,500 879,500    
U.S. corporate bonds        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 3,226,500 3,262,000    
Debt securities, gross unrealized gains 188,700 289,700    
Debt securities, gross unrealized losses (23,200) (3,500)    
Debt securities, allowance for credit losses (500) (2,500)    
Debt securities, fair value 3,391,500 3,545,700    
Foreign corporate bonds        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 1,280,200 1,268,300    
Debt securities, gross unrealized gains 34,600 55,600    
Debt securities, gross unrealized losses (5,900) (700)    
Debt securities, allowance for credit losses (100) (100)    
Debt securities, fair value 1,308,800 1,323,100    
RMBS        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 1,938,100 2,533,600    
Debt securities, gross unrealized gains 58,400 78,300    
Debt securities, gross unrealized losses (19,400) (500)    
Debt securities, allowance for credit losses 0 0    
Debt securities, fair value [1] 1,977,100 2,611,400    
CMBS        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost 850,300 852,600    
Debt securities, gross unrealized gains 33,200 45,300    
Debt securities, gross unrealized losses (6,800) (7,600)    
Debt securities, allowance for credit losses 0 0    
Debt securities, fair value 876,700 890,300    
Other asset-backed securities        
Schedule of Available-for-sale Securities [Line Items]        
Debt securities, amortized cost [2] 2,382,800 2,328,700    
Debt securities, gross unrealized gains [2] 38,700 47,600    
Debt securities, gross unrealized losses [2] (9,200) (24,700)    
Debt securities, allowance for credit losses [2] 0 0    
Debt securities, fair value [2] 2,412,300 2,351,600    
Short-term Investments        
Schedule of Available-for-sale Securities [Line Items]        
Amortized Cost or Cost 595,000 714,200    
Gross Unrealized Gains 0 0    
Gross Unrealized Losses 0 0    
Allowance for Credit Losses 0 0    
Fair Value $ 595,000 $ 714,200    
[1] Primarily includes government agency pass-through securities guaranteed by a government agency or government sponsored enterprise, among other types of RMBS.
[2] Includes $959.7 million and $878.4 million of collateralized loan obligations as of March 31, 2021 and December 31, 2020, respectively.