Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenues from Contracts

The disaggregation of our revenues from contracts with customers were as follows:

	Three months ended June 30,				Six months ended June 30,
	2024		2023		2024		2023
	(In thousands)
Term Life Insurance segment revenues:
Other, net	$	12,624	$	12,280	$	25,274	$	24,513
Total segment revenues from contracts with customers		12,624		12,280		25,274		24,513
Revenues from sources other than contracts with customers		414,320		399,593		842,083		808,430
Total Term Life Insurance segment revenues	$	426,944	$	411,873	$	867,357	$	832,943
Investment and Savings Products segment revenues:
Commissions and fees
Sales-based revenues	$	101,177	$	74,958	$	189,924	$	147,346
Asset-based revenues		119,411		99,521		234,110		197,625
Account-based revenues		23,740		23,095		46,919		45,886
Other, net		3,224		3,121		6,482		6,240
Total segment revenues from contracts with customers		247,552		200,695		477,435		397,097
Revenues from sources other than contracts     with customers (segregated funds)		13,354		13,814		27,187		27,614
Total Investment and Savings Products segment revenues	$	260,906	$	214,509	$	504,622	$	424,711
Senior Health segment revenues:
Commissions and fees	$	11,576	$	11,371	$	17,652	$	27,125
Other, net		844		3,519		1,648		6,474
Total Senior Health segment revenues	$	12,420	$	14,890	$	19,300	$	33,599
Corporate and Other Distributed Products segment revenues:
Commissions and fees	$	10,511	$	10,371	$	18,998	$	19,081
Other, net		764		1,235		1,467		2,436
Total segment revenues from contracts with customers		11,275		11,606		20,465		21,517
Revenues from sources other than contracts with customers		91,830		35,507		134,460		65,652
Total Corporate and Other Distributed Products segment revenues	$	103,105	$	47,113	$	154,925	$	87,169

Summary of Renewal Commissions Receivable

Activity in the renewal commissions receivable account was as follows:

	Three months ended June 30,						Six months ended June 30,
	2024			2023			2024			2023
	(In thousands)
Senior Health segment:
Balance, beginning of period	$	115,933		$	134,199		$	128,886		$	139,399
Commissions revenue		6,989			6,923			13,313			15,985
Less: collections		(9,970	)		(10,304	)		(21,406	)		(24,566	)
Tail revenue adjustment from change in estimate		(1,810	)		-			(9,651	)		-
Balance, at the end of period	$	111,142		$	130,818		$	111,142		$	130,818
Corporate and Other Distributed Products segment:
Balance, beginning of period	$	60,365		$	60,210		$	61,372		$	60,644
Commissions revenue		5,864			6,405			10,903			11,775
Less: collections		(6,349	)		(6,209	)		(12,395	)		(12,013	)
Balance, at the end of period	$	59,880		$	60,406		$	59,880		$	60,406