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Reinsurance (Reinsurance amounts included in the Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Premiums:        
Direct $ 471,343 $ 486,008 $ 945,271 $ 972,885
Assumed (9,474) 41 (8,077) 84
Ceded (404,448) (441,187) (805,528) (883,702)
Net premiums 57,421 44,862 131,666 89,267
Policy charges and fee income:        
Direct 900,644 893,456 1,802,968 1,803,345
Assumed 161,372 146,537 312,193 286,650
Ceded (436,204) (859,793) (1,297,787) (1,757,930)
Net policy charges and fee income 625,812 180,200 817,374 332,065
Net investment income:        
Direct 195,480 96,905 390,991 197,300
Assumed 365 371 818 730
Ceded (3,717) (1,976) (20,381) (3,863)
Net investment income 192,128 95,300 371,428 194,167
Asset administration fees:        
Direct 88,655 98,823 186,112 195,437
Assumed 0 0 0 0
Ceded (16,865) (92,547) (35,090) (182,950)
Net asset administration fees 71,790 6,276 151,022 12,487
Other income (loss):        
Direct (325,563) 24,577 (674,251) 41,677
Assumed (2,548) 13 (2,509) (60)
Ceded (60) 41 (438) 106
Amortization of reinsurance income 16,155 999 37,578 2,151
Net Other income (loss) (312,016) 25,630 (639,620) 43,874
Realized investment gains (losses), net:        
Direct 1,148,607 (1,655,473) 2,355,755 4,502,274
Assumed (281,646) 0 (485,630) 0
Ceded (152,252) 1,532,971 (371,309) (4,548,168)
Realized investment gains (losses), net 714,709 (122,502) 1,498,816 (45,894)
Policyholders’ benefits (including change in reserves):        
Direct 1,421,515 801,694 2,326,652 1,799,518
Assumed 761,610 225,704 1,000,277 417,509
Ceded (2,025,019) (949,322) (2,949,059) (2,045,038)
Net policyholders’ benefits (including change in reserves) 158,106 78,076 377,870 171,989
Interest credited to policyholders’ account balances:        
Direct 202,814 100,790 404,840 280,225
Assumed 29,601 32,132 102,103 65,118
Ceded (109,471) (85,522) (220,473) (241,773)
Net interest credited to policyholders’ account balances 122,944 47,400 286,470 103,570
Reinsurance expense allowances and general and administrative expenses, net of capitalization and amortization (80,230) (292,845) (216,082) (761,280)
Unaffiliated activity        
Premiums:        
Assumed (13,000) 100 (13,000) 100
Ceded (9,000) (7,000) (16,000) (14,000)
Policy charges and fee income:        
Assumed 11,000 0 11,000 0
Ceded (20,000) (16,000) (38,000) (30,000)
Net investment income:        
Ceded 9,000 0 4,000 0
Other income (loss):        
Assumed (3,000) 0 (3,000) 0
Realized investment gains (losses), net:        
Assumed (282,000) 0 (282,000) 0
Ceded (9,000) 31,000 (14,000) (110,000)
Policyholders’ benefits (including change in reserves):        
Assumed 1,000 200 1,000 300
Ceded (18,000) (50,000) (38,000) (131,000)
Interest credited to policyholders’ account balances:        
Assumed $ (3,000) $ 0 $ (3,000) $ 0