The tables below show the gross and net amounts of recognized derivative assets and liabilities at fair value, including the location on the consolidated balance sheets of the Company’s principal derivative instruments: Derivative Assets At December 31, 2021 Gross Amounts of Recognized Assets Gross Amounts Offset in the Balance Sheet Net Amounts of Assets Presented in the Balance Sheet Balance Sheet Location Collateral Net Amount Derivative Instruments Not Designated as Hedges Interest rate futures $ 1,068 $ — $ 1,068 Other assets $ — $ 1,068 Foreign currency forward contracts (1) 13,730 — 13,730 Other assets — 13,730 Foreign currency forward contracts (2) 1,247 — 1,247 Other assets — 1,247 Credit default swaps 478 — 478 Other assets — 478 Equity futures — — — Other assets — — Total derivative instruments not designated as hedges 16,523 — 16,523 — 16,523 Derivative Instruments Designated as Hedges Foreign currency forward contracts (3) 1,366 — 1,366 Other assets — 1,366 Total $ 17,889 $ — $ 17,889 $ — $ 17,889 Derivative Liabilities At December 31, 2021 Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Balance Sheet Net Amounts of Liabilities Presented in the Balance Sheet Balance Sheet Location Collateral Pledged Net Amount Derivative Instruments Not Designated as Hedges Interest rate futures $ 1,426 $ — $ 1,426 Other liabilities $ 1,426 $ — Foreign currency forward contracts (1) 7,880 — 7,880 Other liabilities — 7,880 Foreign currency forward contracts (2) 3,412 — 3,412 Other assets — 3,412 Credit default swaps — — — Other liabilities — — Equity futures 173 — 173 Other liabilities 173 — Total derivative instruments not designated as hedges 12,891 — 12,891 1,599 11,292 Derivative Instruments Designated as Hedges Foreign currency forward contracts (3) 4,063 — 4,063 Other liabilities — 4,063 Total $ 16,954 $ — $ 16,954 $ 1,599 $ 15,355 (1) Contracts used to manage foreign currency risks in underwriting and non-investment operations. (2) Contracts used to manage foreign currency risks in investment operations. (3) Contracts designated as hedges of net investments in foreign operations. F-85