Gross realized investment and other gains and losses |
Realized and unrealized gains and losses are detailed as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2021 | | 2020 | | 2021 | | 2020 | | ($000 omitted) | Realized gains | 2,615 | | | 241 | | | 10,695 | | | 1,749 | | Realized losses | (47) | | | (209) | | | (2,516) | | | (1,556) | | Net unrealized investment gains (losses) recognized on equity securities still held at end of period | 319 | | | (39) | | | 9,637 | | | (6,228) | | | 2,887 | | | (7) | | | 17,816 | | | (6,035) | |
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Investments in equity securities still held |
The total fair values of the Company's investments in debt and equity securities are as follows: | | | | | | | | | | | | | September 30, 2021 | | December 31, 2020 | | ($000 omitted) | Investments in: | | | | Debt securities | 617,278 | | | 631,386 | | Equity securities | 83,441 | | | 53,001 | | | 700,719 | | | 684,387 | |
Investment gains and losses recognized related to investments in equity securities are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2021 | | 2020 | | 2021 | | 2020 | | ($000 omitted) | Net investment gains (losses) recognized on equity securities during the period | 345 | | | (41) | | | 9,706 | | | (7,136) | | Less: Net realized gains (losses) on equity securities sold during the period | 26 | | | (2) | | | 69 | | | (908) | | Net unrealized investment gains (losses) recognized on equity securities still held at end of period | 319 | | | (39) | | | 9,637 | | | (6,228) | |
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Proceeds from sale of investments in securities |
The total fair values of the Company's investments in debt and equity securities are as follows: | | | | | | | | | | | | | September 30, 2021 | | December 31, 2020 | | ($000 omitted) | Investments in: | | | | Debt securities | 617,278 | | | 631,386 | | Equity securities | 83,441 | | | 53,001 | | | 700,719 | | | 684,387 | |
The amortized costs and fair values of investments in debt securities are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2021 | | December 31, 2020 | | Amortized costs | | Fair values | | Amortized costs | | Fair values | | ($000 omitted) | Municipal | 38,088 | | | 39,885 | | | 45,138 | | | 47,603 | | Corporate | 280,090 | | | 292,119 | | | 285,962 | | | 305,450 | | Foreign | 274,938 | | | 278,808 | | | 261,748 | | | 271,711 | | U.S. Treasury Bonds | 6,426 | | | 6,466 | | | 6,564 | | | 6,622 | | | | | | | | | | | 599,542 | | | 617,278 | | | 599,412 | | | 631,386 | |
Proceeds from sales of investments in securities are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2021 | | 2020 | | 2021 | | 2020 | | ($000 omitted) | Proceeds from sales of debt securities | 4,854 | | | 10,218 | | | 19,425 | | | 24,990 | | Proceeds from sales of equity securities | 128 | | | 56 | | | 301 | | | 782 | | Total proceeds from sales of investments in securities | 4,982 | | | 10,274 | | | 19,726 | | | 25,772 | |
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