Deferred Policy Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 2024

Deferred Policy Acquisition Costs Disclosures [Abstract]

Balances and Activity in DAC Roll Forward

The balances and activity in DAC were as follows:

	Six months ended						Year ended
	June 30, 2024						December 31, 2023
	(In thousands)
	Term Life			Segregated Funds (Canada)			Term Life			Segregated Funds (Canada)
DAC balance, beginning of period	$	3,366,281		$	63,029		$	3,106,148		$	62,341
Capitalization		274,632			1,562			521,718			4,353
Amortization		(142,407	)		(2,679	)		(268,803	)		(5,479	)
Foreign exchange translation and other		(9,130	)		(2,288	)		7,218			1,814
DAC balance, at the end of period	$	3,489,376		$	59,624		$	3,366,281		$	63,029

Reconciliation of DAC

Reconciliation of DAC by product was as follows:

	June 30, 2024		December 31, 2023
	(In thousands)
Term Life Insurance	$	3,489,376	$	3,366,281
Segregated Funds (Canada)		59,624		63,029
Other		17,126		17,924
Total DAC, net	$	3,566,126	$	3,447,234