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INVESTMENTS - Net Investment Gains (Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Gross realized investment gains        
Fixed maturities, short-term investments, and cash and cash equivalents $ 12,743 $ 19,394 $ 44,726 $ 41,532
Equity securities 84 4,032 12,442 40,100
Gross realized investment gains 12,827 23,426 57,168 81,632
Gross realized investment losses        
Fixed maturities, short-term investments, and cash and cash equivalents (22,860) (27,673) (47,905) (79,412)
Equity securities (106) (2,719) (1,004) (11,590)
Mortgage loans (1,605) 0 (6,200) 0
Gross realized investment losses (24,571) (30,392) (55,109) (91,002)
(Increase) decrease in allowance for expected credit losses, fixed maturities, available for sale 1,220 (859) (62) (1,104)
(Increase) decrease in allowance for expected credit losses, mortgage loans 1,351 (1,473) 1,784 (3,958)
Impairment losses (116) (400) (383) (2,326)
Change in fair value of investment derivatives 34 (1,035) 180 (1,451)
Net unrealized gains (losses) on equity securities 55,990 54,201 15,936 31,671
Total net investment gains $ 46,735 $ 43,468 $ 19,514 $ 13,462