XML 53 R42.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Rating of Debt securities (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 14,945,479 $ 15,618,470
Percentage of debt securities, before allowance for credit losses 100.00%  
AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 2,016,700  
Percentage of debt securities, before allowance for credit losses 13.50%  
AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 6,999,600  
Percentage of debt securities, before allowance for credit losses 46.80%  
A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 3,048,700  
Percentage of debt securities, before allowance for credit losses 20.40%  
BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 2,414,100  
Percentage of debt securities, before allowance for credit losses 16.20%  
Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] $ 466,400  
Percentage of debt securities, before allowance for credit losses [1] 3.10%  
U.S. Government obligations    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities $ 1,525,600 1,360,100
U.S. Government obligations | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 5,700  
U.S. Government obligations | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,519,900  
U.S. Government obligations | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 0  
U.S. Government obligations | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 0  
U.S. Government obligations | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 0  
Municipal bonds    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 2,579,000 2,656,800
Municipal bonds | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 213,600  
Municipal bonds | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,820,100  
Municipal bonds | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 451,900  
Municipal bonds | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 86,000  
Municipal bonds | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 7,400  
Foreign government obligations    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 874,500 879,500
Foreign government obligations | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 385,100  
Foreign government obligations | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 404,300  
Foreign government obligations | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 84,000  
Foreign government obligations | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,100  
Foreign government obligations | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 0  
U.S. corporate bonds    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 3,391,500 3,545,700
U.S. corporate bonds | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 8,100  
U.S. corporate bonds | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 140,000  
U.S. corporate bonds | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,337,000  
U.S. corporate bonds | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,534,200  
U.S. corporate bonds | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 372,200  
Foreign corporate bonds    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,308,800 1,323,100
Foreign corporate bonds | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 212,700  
Foreign corporate bonds | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 79,000  
Foreign corporate bonds | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 587,800  
Foreign corporate bonds | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 392,100  
Foreign corporate bonds | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 37,200  
RMBS    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [2] 1,977,100 2,611,400
RMBS | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 2,700  
RMBS | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,968,000  
RMBS | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 0  
RMBS | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 1,000  
RMBS | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 5,400  
CMBS    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 876,700 890,300
CMBS | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 274,800  
CMBS | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 401,500  
CMBS | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 198,000  
CMBS | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 2,400  
CMBS | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] 0  
Other asset-backed securities    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [3] 2,412,300 $ 2,351,600
Other asset-backed securities | AAA / Aaa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 914,000  
Other asset-backed securities | AA / Aa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 666,800  
Other asset-backed securities | A    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 390,000  
Other asset-backed securities | BBB / Baa    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities 397,300  
Other asset-backed securities | Below BBB / Baa or Not Rated    
Financing Receivable Allowance For Credit Losses [Line Items]    
Debt securities [1] $ 44,200  
[1] Consists of $142.5 million of securities rated BB / Ba, $191.6 million of securities rated B, $25.9 million of securities rated CCC, $0.6 million of securities rated CC, $2.8 million of securities rated below CC and $103.0 million of not rated securities.
[2] Primarily includes government agency pass-through securities guaranteed by a government agency or government sponsored enterprise, among other types of RMBS.
[3] Includes $959.7 million and $878.4 million of collateralized loan obligations as of March 31, 2021 and December 31, 2020, respectively.