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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 302,994 $ 257,083 $ 815,566 $ 695,953
Unrealized gains (losses) on fixed maturities:        
Unrealized holding gains (losses) arising during period 869,743 (1,068,091) 301,715 (932,301)
Other reclassification adjustments included in net income (2,408) 851 2,580 82,866
Foreign exchange adjustment on fixed maturities recorded at fair value (954) 1,603 546 603
Total unrealized investment gains (losses) 866,381 (1,065,637) 304,841 (848,832)
Less applicable tax (expense) benefit (181,941) 223,782 (64,018) 178,250
Unrealized gains (losses) on investments, net of tax 684,440 (841,855) 240,823 (670,582)
Future Policy Benefits:        
Change in discount rate on future policy benefits (1,247,366) 1,687,310 63,614 1,272,631
Less applicable tax (expense) benefit 261,946 (354,334) (13,360) (267,252)
Future policy benefit adjustments, net of tax (985,420) 1,332,976 50,254 1,005,379
Foreign exchange translation:        
Foreign exchange translation adjustments, other than securities 7,296 (7,881) (4,660) (4,039)
Less applicable tax (expense) benefit (1,532) 1,655 979 847
Foreign exchange translation adjustments, other than securities, net of tax 5,764 (6,226) (3,681) (3,192)
Pension:        
Pension adjustments 118 35 354 (336)
Less applicable tax (expense) benefit (25) (7) (74) 70
Pension adjustments, net of tax 93 28 280 (266)
Other comprehensive income (loss) (295,123) 484,923 287,676 331,339
Comprehensive income (loss) $ 7,871 $ 742,006 $ 1,103,242 $ 1,027,292