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Reinsurance (Reinsurance amounts included in the Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Premiums:        
Direct $ 462,391 $ 457,967 $ 1,384,477 $ 1,396,506
Assumed 29 32 92 (90)
Ceded (365,331) (372,859) (1,100,377) (1,144,655)
Net Premiums 97,089 85,140 284,192 251,761
Policy charges and fee income:        
Direct 808,852 753,291 2,365,340 2,238,266
Assumed 220,781 151,927 719,389 453,006
Ceded (620,866) (558,737) 622,077 (1,594,764)
Net policy charges and fee income 408,767 346,481 3,706,806 1,096,508
Net investment income:        
Direct 651,762 463,070 1,763,262 1,216,154
Assumed 333 338 996 1,024
Ceded (13,403) (2,544) (40,253) (13,789)
Net investment income 638,692 460,864 1,724,005 1,203,389
Asset administration fees:        
Direct 83,659 81,422 246,123 242,730
Assumed 0 0 0 0
Ceded (27,231) (24,668) (77,950) (64,986)
Net asset administration fees 56,428 56,754 168,173 177,744
Other income (loss):        
Direct 332,233 (89,144) 461,980 216,247
Assumed (75) 116 274 (233)
Ceded 53,937 25,473 275,015 70,736
Net other income (loss) 386,095 (63,555) 737,269 286,750
Realized investment gains (losses), net:        
Direct (541,864) (492,184) 235,638 (826,822)
Assumed 14,552 (31,544) 77,736 189,400
Ceded (89,183) 55,472 (67,987) 56,181
Realized investment gains (losses), net (616,495) (468,256) 245,387 (581,241)
Change in value of market risk benefits, net of related hedging gain (loss):        
Direct (214,414) (54,544) (199,087) 152,660
Assumed (245) 283 361 (3,160)
Ceded 39,258 (193,210) (167,267) (415,656)
Net change in value of market risk benefits, net of related hedging gain (loss) (175,401) (247,471) (365,993) (266,156)
Policyholders’ benefits (including change in reserves):        
Direct 855,117 912,588 2,765,937 2,639,868
Assumed 242,113 336,300 775,334 985,635
Ceded (966,549) (1,103,479) 831,697 (3,227,951)
Net policyholders’ benefits (including change in reserves 130,681 145,409 4,372,968 397,552
Change in estimates of liability for future policy benefits:        
Direct 142,204 (44,155) 354,660 (61,510)
Assumed 17,025 (17,580) 81,893 8,071
Ceded (156,795) 68,300 (452,298) 54,469
Change in estimates of liability for future policy benefits 2,434 6,565 (15,745) 1,030
Interest credited to policyholders’ account balances:        
Direct 332,064 228,399 907,648 666,947
Assumed 35,476 33,602 117,968 100,065
Ceded (111,380) (98,927) (318,682) (299,900)
Net interest credited to policyholders’ account balances 256,160 163,074 706,934 467,112
Reinsurance expense allowances and general and administrative expenses, net of capitalization and amortization (113,741) (57,368) (619,914) (280,393)
Unaffiliated activity        
Premiums:        
Assumed 29 32 89 (100)
Ceded (27,821) (13,942) (79,800) (47,319)
Policy charges and fee income:        
Assumed 429 460 1,057 1,383
Ceded (45,692) (39,143) (132,662) (101,419)
Net investment income:        
Ceded 0 10,109 0 23,022
Asset administration fees:        
Ceded (7,151) (7,464) (21,474) (15,204)
Other income (loss):        
Assumed (75) 185 378 (53)
Ceded 26,125 7,887 73,931 17,540
Realized investment gains (losses), net:        
Assumed 14,552 (31,544) 77,736 189,400
Ceded (76,021) 41,007 (29,022) 40,378
Change in value of market risk benefits, net of related hedging gain (loss):        
Assumed (245) 283 361 (3,160)
Ceded 5,318 (70,693) (58,229) (150,791)
Policyholders’ benefits (including change in reserves):        
Assumed (145)      
Assumed   265 216 545
Ceded (51,927) (42,655) (262,998) (106,475)
Change in estimates of liability for future policy benefits:        
Ceded 673 (1,407) 92,575 (1,823)
Interest credited to policyholders’ account balances:        
Assumed 6,772 3,651 31,888 8,750
Ceded $ 1 $ 85 $ 0 $ 0