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Equity
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Equity EQUITY
Accumulated Other Comprehensive Income (Loss)

AOCI represents the cumulative OCI items that are reported separate from net income and detailed on the Unaudited Interim Consolidated Statements of Operations and Comprehensive Income (Loss). The balance of and changes in each component of AOCI as of and for the six months ended June 30, 2023 and 2022, are as follows:

 Accumulated Other Comprehensive Income (Loss)
 Foreign
Currency
Translation
Adjustment		Net Unrealized
Investment Gains
(Losses)(1)		Interest Rate Remeasurement of Future Policy BenefitsGain (loss) from Changes in Non-Performance Risk on Market Risk BenefitsTotal Accumulated
Other
Comprehensive
Income (Loss)
 (in thousands)
Balance, December 31, 2022$(20,007)$(1,474,475)$119,368 $1,365,049 $(10,065)
Change in OCI before reclassifications3,266 116,395 (17,588)(67,323)34,750 
Amounts reclassified from AOCI0 2,479 0 0 2,479 
Income tax benefit (expense)(363)(24,884)3,693 14,138 (7,416)
Balance, June 30, 2023$(17,104)$(1,380,485)$105,473 $1,311,864 $19,748 
 Accumulated Other Comprehensive Income (Loss)
 Foreign
Currency
Translation
Adjustment		Net Unrealized
Investment Gains
(Losses)(1)		Interest Rate Remeasurement of Future Policy BenefitsGain (loss) from Changes in Non-Performance Risk on Market Risk BenefitsTotal Accumulated
Other
Comprehensive
Income (Loss)
 (in thousands)
Balance, December 31, 2021$(11,274)$306,331 $(125,809)$227,206 $396,454 
Change in OCI before reclassifications(7,870)(1,824,967)249,694 1,789,586 206,443 
Amounts reclassified from AOCI0 7,026 0 0 7,026 
Income tax benefit (expense)735 381,696 (52,436)(375,813)(45,818)
Balance, June 30, 2022$(18,409)$(1,129,914)$71,449 $1,640,979 $564,105 

(1)Includes cash flow hedges of $100 million and $40 million as of June 30, 2023 and December 31, 2022, respectively, and $144 million and $40 million as of June 30, 2022 and December 31, 2021, respectively.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
 (in thousands)
Amounts reclassified from AOCI(1)(2):
Net unrealized investment gains (losses):
Cash flow hedges - Currency/Interest rate(3)$1,974 $42,622 $5,744 $56,412 
Net unrealized investment gains (losses) on available-for-sale securities(2)(26,717)(8,223)(63,438)
Total net unrealized investment gains (losses)(4)1,972 15,905 (2,479)(7,026)
Total reclassifications for the period$1,972 $15,905 $(2,479)$(7,026)

(1)All amounts are shown before tax.
(2)Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)See Note 4 for additional information on cash flow hedges.
(4)See table below for additional information on unrealized investment gains (losses), including the impact on DAC and other costs, future policy benefits, policyholders’ account balances and other liabilities.

Net Unrealized Investment Gains (Losses)

Net unrealized investment gains (losses) on available-for-sale fixed maturity securities and certain other invested assets and other assets are included in the Company’s Unaudited Interim Consolidated Statements of Financial Position as a component of AOCI. Changes in these amounts include reclassification adjustments to exclude from OCI those items that are included as part of “Net income (loss)” for a period that had been part of OCI in earlier periods. The amounts for the periods indicated below, split between amounts related to net unrealized investment gains (losses) on available-for-sale fixed maturity securities on which an allowance for credit losses has been recognized, and all other net unrealized investment gains (losses), are as follows:
Net Unrealized Gains (Losses) on Investments on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been RecognizedNet Unrealized
Gains (Losses)
on All Other Investments(1)		Other Costs(2) Future Policy Benefits, Policyholders' Account Balances and Other Liabilities(3)
Income Tax
Benefit (Expense)		Accumulated
Other
Comprehensive
Income (Loss)
Related To Net
Unrealized
Investment
Gains (Losses)
 (in thousands)
Balance, December 31, 2022$4,371 $(2,161,026)$(1,198,422)$1,488,679 $391,923 $(1,474,475)
Net investment gains (losses) on investments arising during the period(2,751)132,059 0 0 (27,076)102,232 
Reclassification adjustment for (gains) losses included in net income(201)2,680 0 0 (519)1,960 
Reclassification due to allowance for credit losses recorded during the period2,362 (2,362)0 0 0 0 
Impact of net unrealized investment (gains) losses
0 0 155,245 (168,158)2,711 (10,202)
Balance, June 30, 2023$3,781 $(2,028,649)$(1,043,177)$1,320,521 $367,039 $(1,380,485)

(1)Includes cash flow hedges. See Note 4 for information on cash flow hedges.
(2)"Other costs" primarily includes reinsurance recoverables and deferred reinsurance losses.
(3)"Other liabilities" primarily includes reinsurance payables.