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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 258,355 $ 215,260 $ 512,572 $ 438,870
Unrealized gains (losses) on fixed maturities:        
Unrealized holding gains (losses) arising during period (263,012) (333,329) (568,028) 135,790
Other reclassification adjustments included in net income 7,400 49,425 4,988 82,015
Foreign exchange adjustment on fixed maturities recorded at fair value (117) (10,567) 1,500 (1,000)
Total unrealized investment gains (losses) (255,729) (294,471) (561,540) 216,805
Less applicable tax (expense) benefit 53,701 61,836 117,923 (45,532)
Unrealized gains (losses) on investments, net of tax (202,028) (232,635) (443,617) 171,273
Future Policy Benefits:        
Change in discount rate on future policy benefits 606,384 306,211 1,310,980 (414,679)
Less applicable tax (expense) benefit (127,342) (64,305) (275,306) 87,082
Future policy benefit adjustments, net of tax 479,042 241,906 1,035,674 (327,597)
Foreign exchange translation:        
Foreign exchange translation adjustments, other than securities 641 10,358 (11,956) 3,842
Less applicable tax (expense) benefit (135) (2,176) 2,511 (808)
Foreign exchange translation adjustments, other than securities, net of tax 506 8,182 (9,445) 3,034
Pension:        
Pension adjustments 118 (323) 236 (371)
Less applicable tax (expense) benefit (22) 66 (49) 77
Pension adjustments, net of tax 96 (257) 187 (294)
Other comprehensive income (loss) 277,616 17,196 582,799 (153,584)
Comprehensive income (loss) $ 535,971 $ 232,456 $ 1,095,371 $ 285,286