Level 3 Assets and Liabilities Measured at Fair Value Below is a summary of quantitative information regarding the significant unobservable inputs (Level 3) used in determining the fair value of assets and liabilities measured at fair value on a recurring basis: At December 31, 2021 Fair Value (Level 3) Valuation Technique Unobservable Inputs Low High Weighted Average or Actual Other investments Direct private equity investments $ 88,373 Internal valuation model Discount rate n/a n/a 7.5 % Liquidity discount n/a n/a 15.0 % Term loans 74,850 Yield analysis Transaction yield n/a n/a 2.78 % Total other investments 163,223 Other assets and (liabilities) Assumed and ceded (re)insurance contracts (4,727) Internal valuation model Net undiscounted cash flows n/a n/a $ 14,920 Expected loss ratio n/a n/a 14.7 % Discount rate n/a n/a 1.3 % Total other assets and (liabilities) (4,727) Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs $ 158,496 At December 31, 2020 Fair Value (Level 3) Valuation Technique Unobservable Inputs Low High Weighted Average or Actual Other investments Private equity investment $ 79,807 Internal valuation model Discount rate n/a n/a 9.0 % Liquidity discount n/a n/a 15.0 % Total other investments 79,807 Other assets and (liabilities) Assumed and ceded (re)insurance contracts (190) Internal valuation model Bond price n/a n/a $ 99.31 Liquidity discount n/a n/a 1.3 % Assumed and ceded (re)insurance contracts (7,395) Internal valuation model Net undiscounted cash flows n/a n/a $ 12,514 Expected loss ratio n/a n/a 24.0 % Discount rate n/a n/a 0.4 % Assumed and ceded (re)insurance contracts 1,374 Internal valuation model Expected loss ratio n/a n/a 0.0 % Total other assets and (liabilities) (6,211) Total other assets and (liabilities) measured at fair value on a recurring basis using Level 3 inputs $ 73,596 F-35