FAIR VALUE MEASUREMENTS - Changes in Level 3 for Financial Instruments (Details)
|
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2025
USD ($)
|
Jun. 30, 2024
USD ($)
fund
|
Jun. 30, 2025
USD ($)
|
Jun. 30, 2024
USD ($)
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
$ 263,905,000
|
$ 227,716,000
|
$ 239,453,000
|
$ 228,342,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
(6,899,000)
|
0
|
(6,899,000)
|
| Included in net income |
2,507,000
|
(159,000)
|
7,297,000
|
735,000
|
| Included in OCI |
1,036,000
|
1,517,000
|
1,704,000
|
1,022,000
|
| Purchases |
17,386,000
|
8,239,000
|
37,050,000
|
19,709,000
|
| Sales |
(19,343,000)
|
(165,000)
|
(20,013,000)
|
(165,000)
|
| Settlements/ distributions |
(6,179,000)
|
(15,454,000)
|
(6,179,000)
|
(27,949,000)
|
| Closing balance |
259,312,000
|
214,795,000
|
259,312,000
|
214,795,000
|
| Change in unrealized gains/(losses) |
$ 2,269,000
|
$ 354,000
|
$ 7,059,000
|
$ 2,082,000
|
| Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] |
Other comprehensive income (loss)
|
Other comprehensive income (loss)
|
Other comprehensive income (loss)
|
Other comprehensive income (loss)
|
| Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
| Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
Net investment income, Net Investment Gain (Loss)
|
| Transfers out of Level 3 into Level 2 |
$ 0
|
$ 0
|
$ 0
|
$ 0
|
| Number of investment funds transferred from level 3 to NAV practical expedient | fund |
|
1
|
|
|
| Fixed maturities, available for sale |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
166,885,000
|
$ 126,475,000
|
147,223,000
|
135,753,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
0
|
0
|
0
|
| Included in net income |
238,000
|
(513,000)
|
238,000
|
(1,347,000)
|
| Included in OCI |
1,036,000
|
1,517,000
|
1,704,000
|
1,022,000
|
| Purchases |
17,386,000
|
8,239,000
|
37,050,000
|
12,471,000
|
| Sales |
(19,343,000)
|
(165,000)
|
(20,013,000)
|
(165,000)
|
| Settlements/ distributions |
(1,237,000)
|
(10,544,000)
|
(1,237,000)
|
(22,725,000)
|
| Closing balance |
164,965,000
|
125,009,000
|
164,965,000
|
125,009,000
|
| Change in unrealized gains/(losses) |
0
|
0
|
0
|
0
|
| Fixed maturities, available for sale | Corporate debt |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
133,742,000
|
126,475,000
|
126,391,000
|
135,753,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
0
|
0
|
0
|
| Included in net income |
238,000
|
(513,000)
|
238,000
|
(1,347,000)
|
| Included in OCI |
687,000
|
1,517,000
|
1,044,000
|
1,022,000
|
| Purchases |
17,386,000
|
8,239,000
|
25,050,000
|
12,471,000
|
| Sales |
(19,343,000)
|
(165,000)
|
(20,013,000)
|
(165,000)
|
| Settlements/ distributions |
(1,237,000)
|
(10,544,000)
|
(1,237,000)
|
(22,725,000)
|
| Closing balance |
131,473,000
|
125,009,000
|
131,473,000
|
125,009,000
|
| Change in unrealized gains/(losses) |
0
|
0
|
0
|
0
|
| Fixed maturities, available for sale | ABS |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
33,143,000
|
0
|
20,832,000
|
0
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
0
|
0
|
0
|
| Included in net income |
0
|
0
|
0
|
0
|
| Included in OCI |
349,000
|
0
|
660,000
|
0
|
| Purchases |
0
|
0
|
12,000,000
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements/ distributions |
0
|
0
|
0
|
0
|
| Closing balance |
33,492,000
|
0
|
33,492,000
|
0
|
| Change in unrealized gains/(losses) |
0
|
0
|
0
|
0
|
| Other investments |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
97,020,000
|
101,241,000
|
92,230,000
|
92,589,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
(6,899,000)
|
0
|
(6,899,000)
|
| Included in net income |
2,269,000
|
354,000
|
7,059,000
|
2,082,000
|
| Included in OCI |
0
|
0
|
0
|
0
|
| Purchases |
0
|
0
|
0
|
7,238,000
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements/ distributions |
(4,942,000)
|
(4,910,000)
|
(4,942,000)
|
(5,224,000)
|
| Closing balance |
94,347,000
|
89,786,000
|
94,347,000
|
89,786,000
|
| Change in unrealized gains/(losses) |
2,269,000
|
354,000
|
7,059,000
|
2,082,000
|
| Other investments | CLO-Equities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
0
|
4,986,000
|
0
|
5,300,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
0
|
0
|
0
|
| Included in net income |
0
|
0
|
0
|
0
|
| Included in OCI |
0
|
0
|
0
|
0
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements/ distributions |
0
|
(488,000)
|
0
|
(802,000)
|
| Closing balance |
0
|
4,498,000
|
0
|
4,498,000
|
| Change in unrealized gains/(losses) |
0
|
0
|
0
|
0
|
| Other investments | Other privately held investments |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Opening balance |
97,020,000
|
96,255,000
|
92,230,000
|
87,289,000
|
| Transfers into Level 3 |
0
|
0
|
0
|
0
|
| Transfers out of Level 3 |
0
|
(6,899,000)
|
0
|
(6,899,000)
|
| Included in net income |
2,269,000
|
354,000
|
7,059,000
|
2,082,000
|
| Included in OCI |
0
|
0
|
0
|
0
|
| Purchases |
0
|
0
|
0
|
7,238,000
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements/ distributions |
(4,942,000)
|
(4,422,000)
|
(4,942,000)
|
(4,422,000)
|
| Closing balance |
94,347,000
|
85,288,000
|
94,347,000
|
85,288,000
|
| Change in unrealized gains/(losses) |
$ 2,269,000
|
$ 354,000
|
$ 7,059,000
|
$ 2,082,000
|