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Reinsurance (Income Statement Reinsurance Results) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Premiums:      
Direct $ 1,868,709 $ 1,903,865 $ 1,923,708
Assumed 776 162 184
Ceded (1,604,277) (1,719,569) (1,831,716)
Net Premiums 265,208 [1] 184,458 [1] 92,176
Policy charges and fee income:      
Direct 3,034,193 3,348,259 3,491,735
Assumed 594,622 565,814 587,466
Ceded (2,398,214) (2,613,978) (3,454,881)
Net policy charges and fee income 1,230,601 [1] 1,300,095 [1] 624,320
Net investment income:      
Direct 920,674 555,404 372,822
Assumed 1,513 1,049 1,579
Ceded (38,186) (6,218) (7,051)
Net investment income 884,001 550,235 367,350
Asset administration fees:      
Direct 351,600 403,359 360,438
Assumed 0 0 0
Ceded (67,418) (201,182) (341,300)
Net asset administration fees 284,182 202,177 19,138
Other income (loss):      
Direct (731,796) 227,035 78,445
Assumed 271 (66) (1)
Ceded 80,056 35,451 165
Amortization of reinsurance income 0 0 4,647
Net other income (651,469) [1] 262,420 [1] 83,256
Realized investment gains (losses), net:      
Direct 497,016 (388,914) (3,593,799)
Assumed (244,000) 12,592 0
Ceded 83,366 (10,572) 3,530,823
Realized investment gains (losses), net 336,382 [2] (386,894) [2] (62,976)
Change in value of market risk benefits, net of related hedging gain (loss):      
Direct (181,260) 9,096,963 0
Ceded (519,321) (13,319,493) 0
Net Change in value of market risk benefits, net of related hedging gain (loss) (700,581) [1] (4,222,530) [1] 0
Policyholders’ benefits (including change in reserves):      
Direct 3,362,353 3,215,531 3,584,011
Assumed 1,107,436 905,325 1,055,277
Ceded (4,011,416) (4,038,146) (4,341,139)
Net policyholders’ benefits (including change in reserves) 458,373 [1] 82,710 [1] 298,149
Change in estimates of liability for future policy benefits:      
Direct 1,716,983 99,202 0
Assumed 679,863 (16,166) 0
Ceded (2,341,747) (56,028) 0
Net change in estimates of liability for future policy benefits 55,099 [1] 27,008 [1] 0
Interest credited to policyholders’ account balances:      
Direct 805,411 525,038 536,886
Assumed 74,402 138,202 136,153
Ceded (434,598) (814,629) (439,664)
Net interest credited to policyholders’ account balances 445,215 [1] (151,389) [1] 233,375
Reinsurance expense allowances and general and administrative expenses, net of capitalization and amortization (150,374) (2,195,677) (1,589,113)
Unaffiliated      
Premiums:      
Assumed 149 162 184
Ceded (42,721) (26,143) (10,526)
Policy charges and fee income:      
Assumed 2,113 0 0
Ceded (81,781) (65,451) (53,871)
Net investment income:      
Ceded 10,802 687 0
Other income (loss):      
Assumed 270 (68) 1
Ceded (3,243) 0 0
Realized investment gains (losses), net:      
Assumed 778,620 0 0
Ceded 82,386 80,540 73,108
Change in value of market risk benefits, net of related hedging gain (loss):      
Ceded (120,663) (130,654) 0
Policyholders’ benefits (including change in reserves):      
Assumed 2,566 429 949
Ceded (94,402) (186,927) (69,720)
Change in estimates of liability for future policy benefits:      
Ceded (6,824) 0 0
Interest credited to policyholders’ account balances:      
Assumed $ (95,285) $ 0 $ 0
[1] Amounts for the years ended December 31, 2022 and 2021 were adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[2] Amounts for the years ended December 31, 2022 and 2021 were adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.