| Held-to-Maturity Fixed-Maturity Securities |
The following table presents the balances for fixed maturities classified as held-to-maturity, net of the allowance for expected credit losses, at June 30, 2026 and 2025 and changes in the allowance for expected credit losses for the three and six months ended June 30, 2026 and 2025.
| |
|
At and For the Three Months
Ended June 30, 2026
|
|
|
At and For the Three Months
Ended June 30, 2025
|
|
| |
|
Held-to-Maturity,
Net of Allowance
for Expected
Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
|
Held-to-Maturity,
Net of Allowance
for Expected
Credit Losses
|
|
|
Allowance
for Expected
Credit
Losses
|
|
| |
|
(in thousands)
|
|
|
Balance at beginning of period
|
|
$
|
783,952 |
|
|
$
|
1,274 |
|
|
$
|
706,098 |
|
|
$
|
1,351 |
|
|
Current period change for expected credit losses
|
|
|
|
|
|
|
32 |
|
|
|
|
|
|
|
23 |
|
|
Balance at end of period
|
|
$
|
803,295 |
|
|
$
|
1,306 |
|
|
$
|
737,356 |
|
|
$
|
1,374 |
|
| |
|
At and For the Six Months Ended
June 30, 2026
|
|
|
At and For the Six Months Ended
June 30, 2025
|
|
| |
|
Held-to-Maturity,
Net of Allowance
for Expected
Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
|
Held-to-Maturity,
Net of Allowance
for Expected
Credit Losses
|
|
|
Allowance
for Expected
Credit
Losses
|
|
| |
|
(in thousands)
|
|
|
Balance at beginning of period
|
|
$
|
776,447 |
|
|
$
|
1,313 |
|
|
$
|
705,714 |
|
|
$
|
1,388 |
|
|
Current period change for expected credit losses
|
|
|
|
|
|
|
(7 |
)
|
|
|
|
|
|
|
(14 |
)
|
|
Balance at end of period
|
|
$
|
803,295 |
|
|
$
|
1,306 |
|
|
$
|
737,356 |
|
|
$
|
1,374 |
|
|
| Reinsurance Receivable |
The following table presents the balances for reinsurance receivable, net of the allowance for expected credit losses, at June 30, 2026 and 2025 and changes in the allowance for expected credit losses for the three and six months ended June 30, 2026 and 2025.
| |
|
At and For the Three Months Ended
June 30, 2026
|
|
|
At and For the Three Months Ended
June 30, 2025
|
|
| |
|
Reinsurance Receivable,
Net of Allowance for
Expected Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
|
Reinsurance Receivable,
Net of Allowance for
Expected Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
| |
|
(in thousands)
|
|
|
Balance at beginning of period
|
|
$
|
418,091 |
|
|
$
|
402 |
|
|
$
|
403,382 |
|
|
$
|
434 |
|
|
Current period change for expected credit losses
|
|
|
|
|
|
|
(11 |
)
|
|
|
|
|
|
|
(102 |
)
|
|
Balance at end of period
|
|
$
|
413,119 |
|
|
$
|
391 |
|
|
$
|
411,125 |
|
|
$
|
332 |
|
| |
|
At and For the Six Months Ended
June 30, 2026
|
|
|
At and For the Six Months Ended
June 30, 2025
|
|
| |
|
Reinsurance Receivable,
Net of Allowance for
Expected Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
|
Reinsurance Receivable,
Net of Allowance for
Expected Credit Losses
|
|
|
Allowance
for Expected
Credit Losses
|
|
| |
|
(in thousands)
|
|
|
Balance at beginning of period
|
|
$
|
398,582 |
|
|
$
|
375 |
|
|
$
|
420,742 |
|
|
$
|
391 |
|
|
Current period change for expected credit losses
|
|
|
|
|
|
|
16 |
|
|
|
|
|
|
|
(59 |
)
|
|
Balance at end of period
|
|
$
|
413,119 |
|
|
$
|
391 |
|
|
$
|
411,125 |
|
|
$
|
332 |
|
|