Net realized and unrealized gains (Tables)

3 Months Ended

Mar. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Gross realized investment and other gains

Realized and unrealized gains and losses are detailed as follows:

		Three Months Ended   March 31,
		2023	2022
	($000 omitted)
Realized gains		61	1,594
Realized losses		(747)	(168)
Net unrealized investment (losses) gains recognized on equity securities still held at end of period		(1,092)	2,659
		(1,778)	4,085

Investments in equity securities still held

Investment gains and losses recognized related to investments in equity securities are as follows:

		Three Months Ended   March 31,
		2023	2022
	($000 omitted)
Net investment (losses) gains recognized on equity securities during the period		(1,756)	2,785
Less: Net realized (losses) gains on equity securities sold during the period		(664)	126
Net unrealized investment (losses) gains recognized on equity securities still held at end of period		(1,092)	2,659

Proceeds from sale of investments in securities

The amortized costs and fair values of investments in debt securities are as follows:

	March 31, 2023		December 31, 2022
	Amortized costs	Fair values	Amortized costs	Fair values
	($000 omitted)
Municipal	26,619	26,487	30,104	29,835
Corporate	259,084	244,479	272,362	254,316
Foreign	318,408	306,885	315,184	299,137
U.S. Treasury Bonds	30,505	30,463	29,078	28,646
	634,616	608,314	646,728	611,934

Proceeds from sales of investments in securities are as follows: 

		Three Months Ended   March 31,
		2023	2022
	($000 omitted)
Proceeds from sales of debt securities		7,446	17,280
Proceeds from sales of equity securities		19,326	370
Total proceeds from sales of investments in securities		26,772	17,650