Deferred Policy Acquisition Costs, Net

9 Months Ended

Dec. 31, 2025

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, 2025 and 2024.

	Nine months ended December 31, 2025
	Deferred Annuities			Life Insurance			Health Insurance			Total
	(Unaudited)
	(In thousands)
Balance, beginning of year	$	60,480		$	57,986		$	3,263		$	121,729
Capitalization		6,810			2,375			65			9,250
Amortization expense		(8,414	)		(5,794	)		(593	)		(14,801	)
Balance, end of period	$	58,876		$	54,567		$	2,735		$	116,178

	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	)
Balance, end of period	$	60,629		$	58,882		$	3,504		$	123,015