Deferred Policy Acquisition Costs, Net

9 Months Ended

Dec. 31, 2024

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Deferred Policy Acquisition Costs, Net

. Deferred Policy Acquisition Costs, Net

The following tables present a roll-forward of deferred policy acquisition costs related to long-duration contracts for the nine months ended December 31, 2024 and 2023.

	Nine months ended December 31, 2024
	Deferred Annuities			Life Insurance			Health Insurance			Total
	(Unaudited)
	(In thousands)
Balance, beginning of year	$	54,747		$	62,426		$	4,051		$	121,224
Capitalization		12,561			2,716			92			15,369
Amortization expense		(6,679	)		(6,260	)		(639	)		(13,578	)
Other, including Experience Adjustment		—			—			—			—
Balance, end of period	$	60,629		$	58,882		$	3,504		$	123,015

	Nine months ended December 31, 2023
	Deferred Annuities			Life Insurance			Health Insurance			Total
	(Unaudited)
	(In thousands)
Balance, beginning of year	$	55,396		$	66,954		$	6,113		$	128,463
Capitalization		8,007			3,213			177			11,397
Amortization expense		(11,461	)		(6,586	)		(979	)		(19,026	)
Balance, end of period	$	51,942		$	63,581		$	5,311		$	120,834