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FAIR VALUE OF ASSETS AND LIABILITIES - Changes in Level 3 Assets and Liabilities (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2021
Insurance Liabilities          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period $ (13,661,000)        
Total realized and unrealized gains (losses) 2,404,000        
Reduction in estimates of ultimate losses (1,654,000)        
Increase in estimates of ultimate losses 1,206,000        
Change in fair value (discount rate) (1,520,000)        
Paid losses 98,000        
Other (534,000)        
Fair Value, end of period (11,257,000) $ (11,257,000) $ (13,661,000)    
Secured receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period   1,622,000      
Total realized and unrealized gains (losses)   (50,000)      
Purchases   0      
Sales   (15,000)      
Issuances   0      
Settlements   0      
Other   (2,000)      
Transfers into Level 3   0      
Transfers out of Level 3   0      
Fair Value, end of period 1,555,000 1,555,000      
Unrealized gains (losses) for assets still held   0      
Asset-backed securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period   2,615,000      
Total realized and unrealized gains (losses)   (457,000)      
Purchases   0      
Sales   0      
Issuances   0      
Settlements   0      
Other   0      
Transfers into Level 3   0      
Transfers out of Level 3   0      
Fair Value, end of period 2,158,000 2,158,000      
Unrealized gains (losses) for assets still held   0      
Reinsurance recoverables          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 1,866,000 344,000 1,881,000 $ 271,000 $ 409,000
Total realized and unrealized gains (losses)   34,000 201,000 27,000 (116,000)
Purchases   0 4,000 4,000 9,000
Sales   0 0 0 0
Issuances   0 0 0 0
Settlements   0 19,000 0 0
Other   0 (239,000) 0 0
Transfers into Level 3   0 0 0 0
Transfers out of Level 3   0 0 0 0
Fair Value, end of period 378,000 378,000 1,866,000 302,000 302,000
Unrealized gains (losses) for assets still held   0 222,000 29,000 (106,000)
Reinsurance recoverables | Realized investment gains (losses), net          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     201,000 26,000 (116,000)
Unrealized gains (losses) for assets still held     222,000 29,000 (106,000)
Reinsurance recoverables | Other income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Reinsurance recoverables | Included in other comprehensive income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Reinsurance recoverables | Net investment income          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Net modified coinsurance receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 0 5,000 13,000 12,000 10,000
Total realized and unrealized gains (losses)   210,000 0 0 0
Purchases   0 0 22,000 24,000
Sales   0 0 0 0
Issuances   0 0 0 0
Settlements   0 (13,000) (12,000) (12,000)
Other   0 0 0 0
Transfers into Level 3   0 0 1,000 1,000
Transfers out of Level 3   0 0 0 0
Fair Value, end of period 215,000 215,000 0 23,000 23,000
Unrealized gains (losses) for assets still held   0 0 0 0
Net modified coinsurance receivable | Realized investment gains (losses), net          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Net modified coinsurance receivable | Other income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Net modified coinsurance receivable | Included in other comprehensive income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Net modified coinsurance receivable | Net investment income          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Cash equivalents          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 0   8,000 0 0
Total realized and unrealized gains (losses)     0 0 0
Purchases     0 0 0
Sales     0 0 0
Issuances     0 0 0
Settlements     (8,000) 0 0
Other     0 0 0
Transfers into Level 3     0 0 0
Transfers out of Level 3     0 0 0
Fair Value, end of period     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Cash equivalents | Realized investment gains (losses), net          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Cash equivalents | Other income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Cash equivalents | Included in other comprehensive income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Unrealized gains (losses) for assets still held       0 0
Cash equivalents | Net investment income          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)       0 0
Other assets          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 376,000   400,000 63,000 54,000
Total realized and unrealized gains (losses)     (21,000) 5,000 13,000
Purchases     13,000 4,000 7,000
Sales     0 0 0
Issuances     0 0 0
Settlements     (16,000) (3,000) (5,000)
Other     0 0 0
Transfers into Level 3     0 0 0
Transfers out of Level 3     0 0 0
Fair Value, end of period     376,000 69,000 69,000
Unrealized gains (losses) for assets still held     (6,000) 1,000 8,000
Other assets | Realized investment gains (losses), net          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     (21,000) 5,000 13,000
Unrealized gains (losses) for assets still held     (6,000) 1,000 8,000
Other assets | Other income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Other assets | Included in other comprehensive income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Other assets | Net investment income          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Future policy benefits          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period (3,393,000)   (4,060,000) (10,512,000) (17,314,000)
Total realized and unrealized gains (losses)     715,000 (1,727,000) 5,366,000
Purchases     0 0 0
Sales     0 0 0
Issuances     (48,000) (291,000) (582,000)
Settlements     0 0 0
Other     0 0 0
Transfers into Level 3     0 0 0
Transfers out of Level 3     0 0 0
Fair Value, end of period     (3,393,000) (12,530,000) (12,530,000)
Unrealized gains (losses) for liabilities still held     686,000 (1,838,000) 4,982,000
Future policy benefits | Realized investment gains (losses), net          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     715,000 (1,728,000) 5,366,000
Unrealized gains (losses) for liabilities still held     686,000 (1,838,000) 4,982,000
Future policy benefits | Other income (loss)          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for liabilities still held     0 0 0
Future policy benefits | Included in other comprehensive income (loss)          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for liabilities still held     0 0 0
Future policy benefits | Net investment income          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Policyholders' account balances          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period (1,934,000)   (2,041,000) (986,000) (580,000)
Total realized and unrealized gains (losses)     124,000 (240,000) (508,000)
Purchases     0 0 0
Sales     0 0 0
Issuances     0 (135,000) (273,000)
Settlements     (17,000) 0 0
Other     0 0 0
Transfers into Level 3     0 0 0
Transfers out of Level 3     0 0 0
Fair Value, end of period     (1,934,000) (1,361,000) (1,361,000)
Unrealized gains (losses) for liabilities still held     89,000 (211,000) (464,000)
Policyholders' account balances | Realized investment gains (losses), net          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     124,000 (240,000) (508,000)
Unrealized gains (losses) for liabilities still held     89,000 (211,000) (464,000)
Policyholders' account balances | Other income (loss)          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for liabilities still held     0 0 0
Policyholders' account balances | Included in other comprehensive income (loss)          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for liabilities still held     0 0 0
Policyholders' account balances | Net investment income          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Fixed maturities | Fixed maturities, trading          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period       5,000 5,000
Total realized and unrealized gains (losses)       0 0
Purchases       0 0
Sales       0 0
Issuances       0 0
Settlements       0 0
Other       0 0
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Fair Value, end of period       5,000 5,000
Unrealized gains (losses) for assets still held       0 0
Fixed maturities | Realized investment gains (losses), net | Fixed maturities, available-for-sale          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 (3,000) (3,000)
Unrealized gains (losses) for assets still held     0 (3,000) (3,000)
Fixed maturities | Realized investment gains (losses), net | Fixed maturities, trading          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Fixed maturities | Other income (loss) | Fixed maturities, available-for-sale          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Fixed maturities | Other income (loss) | Fixed maturities, trading          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Fixed maturities | Included in other comprehensive income (loss) | Fixed maturities, available-for-sale          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     (12,000) 5,000 4,000
Unrealized gains (losses) for assets still held     (12,000) 3,000 2,000
Fixed maturities | Included in other comprehensive income (loss) | Fixed maturities, trading          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Fixed maturities | Net investment income | Fixed maturities, available-for-sale          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Fixed maturities | Net investment income | Fixed maturities, trading          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Fixed maturities | U.S Treasury securities and obligations of U.S. government authorities and agencies          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 0   0 15,000 15,000
Total realized and unrealized gains (losses)     0 0 0
Purchases     0 0 0
Sales     0 0 0
Issuances     0 0 0
Settlements     0 0 0
Other     0 0 0
Transfers into Level 3     0 0 0
Transfers out of Level 3     0 0 0
Fair Value, end of period     0 15,000 15,000
Unrealized gains (losses) for assets still held     0 0 0
Fixed maturities | Corporate securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 180,000 190,000 190,000 166,000 149,000
Total realized and unrealized gains (losses)   (16,000) (9,000) 2,000 1,000
Purchases   207,000 5,000 96,000 106,000
Sales   0 (4,000) 0 0
Issuances   0 0 0 0
Settlements   (11,000) (2,000) (24,000) (31,000)
Other   (3,000) 0 0 0
Transfers into Level 3   0 0 0 15,000
Transfers out of Level 3   (53,000) 0 (8,000) (8,000)
Fair Value, end of period 314,000 314,000 180,000 232,000 232,000
Unrealized gains (losses) for assets still held   (13,000) (9,000) 1,000 (1,000)
Fixed maturities | Structured securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 47,000 33,000 76,000 17,000 18,000
Total realized and unrealized gains (losses)   0 (4,000) (1,000) (1,000)
Purchases   25,000 0 203,000 203,000
Sales   (10,000) (10,000) 0 0
Issuances   0 0 0 0
Settlements   0 (2,000) (3,000) (4,000)
Other   (10,000) 0 0 0
Transfers into Level 3   0 0 0 0
Transfers out of Level 3   (13,000) (13,000) 0 0
Fair Value, end of period 25,000 25,000 47,000 216,000 216,000
Unrealized gains (losses) for assets still held   $ 0 (4,000) (1,000) (1,000)
Equity securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period       4,000 4,000
Total realized and unrealized gains (losses)       1,000 1,000
Purchases       0 0
Sales       0 0
Issuances       0 0
Settlements       0 0
Other       0 0
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Fair Value, end of period       5,000 5,000
Unrealized gains (losses) for assets still held       1,000 1,000
Equity securities | Realized investment gains (losses), net          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Equity securities | Other income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 1,000 1,000
Unrealized gains (losses) for assets still held     0 1,000 1,000
Equity securities | Included in other comprehensive income (loss)          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 0 0
Unrealized gains (losses) for assets still held     0 0 0
Equity securities | Net investment income          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Total realized and unrealized gains (losses)     0 $ 0 $ 0
Equity securities | Equity securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period $ 1,000   1,000    
Total realized and unrealized gains (losses)     0    
Purchases     0    
Sales     0    
Issuances     0    
Settlements     0    
Other     0    
Transfers into Level 3     0    
Transfers out of Level 3     0    
Fair Value, end of period     1,000    
Unrealized gains (losses) for assets still held     $ 0