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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income $ 1,161,238 $ 1,070,762 $ 970,755
Unrealized gains (losses) on fixed maturities:      
Unrealized holding gains (losses) arising during period 429,290 (630,042) 671,211
Other reclassification adjustments included in net income 14,714 3,764 80,238
Foreign exchange adjustment on fixed maturities recorded at fair value (1,427) 3,469 (715)
Total unrealized investment gains (losses) 442,577 (622,809) 750,734
Less applicable tax (expense) benefit (92,941) 130,787 (157,658)
Unrealized gains (losses) on investments, net of tax 349,636 (492,022) 593,076
Future Policy benefits:      
Change in discount rate on future policy benefits (142,514) 1,567,530 (731,883)
Less applicable tax (expense) benefit 29,928 (329,181) 153,696
Future policy benefit adjustments, net of tax (112,586) 1,238,349 (578,187)
Foreign exchange translation:      
Foreign exchange translation adjustments, other than securities 16,094 (33,516) 8,102
Less applicable tax (expense) benefit (3,381) 7,040 (1,702)
Foreign exchange translation adjustments, other than securities, net of tax 12,713 (26,476) 6,400
Pension:      
Amortization of pension costs 253 474 (390)
Plan amendments 0 (1,212) 0
Experience gain (loss) 10,522 29,659 (3,907)
Pension adjustments 10,775 28,921 (4,297)
Less applicable tax (expense) benefit (2,262) (6,073) 902
Pension adjustments, net of tax 8,513 22,848 (3,395)
Other comprehensive income (loss) 258,276 742,699 17,894
Comprehensive income (loss) $ 1,419,514 $ 1,813,461 $ 988,649