v3.25.2
Investments - Amortized Cost and Fair Value of Available-for-sale Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Available For Sale Securities            
Cost or Amortized Cost $ 3,573,679   $ 3,391,159      
Allowance for Credit Losses (245) $ (157) (197) $ (228) $ (237) $ (306)
Gross Unrealized Gains 24,142   9,445      
Gross Unrealized Losses (176,815)   (224,611)      
Fair Value 3,420,761   3,175,796      
U.S. government            
Available For Sale Securities            
Cost or Amortized Cost 698,528   525,608      
Gross Unrealized Gains 6,173   309      
Gross Unrealized Losses (2,629)   (10,282)      
Fair Value 702,072   515,635      
U.S. Agency            
Available For Sale Securities            
Cost or Amortized Cost 56,151   55,921      
Gross Unrealized Gains 780   261      
Gross Unrealized Losses (933)   (1,844)      
Fair Value 55,998   54,338      
Non-U.S. government & agency            
Available For Sale Securities            
Cost or Amortized Cost 12,729   8,959      
Gross Unrealized Gains 135          
Gross Unrealized Losses (776)   (1,088)      
Fair Value 12,088   7,871      
Agency MBS            
Available For Sale Securities            
Cost or Amortized Cost 431,849   438,545      
Gross Unrealized Gains 2,268   927      
Gross Unrealized Losses (35,569)   (43,249)      
Fair Value 398,548   396,223      
ABS/CMBS/MBS            
Available For Sale Securities            
Cost or Amortized Cost 434,139   430,973      
Allowance for Credit Losses (77)   (8)      
Gross Unrealized Gains 3,008   2,208      
Gross Unrealized Losses (18,681)   (22,925)      
Fair Value 418,389   410,248      
Corporate            
Available For Sale Securities            
Cost or Amortized Cost 1,430,965   1,397,676      
Allowance for Credit Losses (168)   (189)      
Gross Unrealized Gains 11,450   4,737      
Gross Unrealized Losses (36,320)   (55,703)      
Fair Value 1,405,927   1,346,521      
Municipal            
Available For Sale Securities            
Cost or Amortized Cost 509,318   533,477      
Gross Unrealized Gains 328   1,003      
Gross Unrealized Losses (81,907)   (89,520)      
Fair Value $ 427,739   $ 444,960