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Deferred Policy Acquisition Costs, Deferred Reinsurance Losses, Deferred Reinsurance Gains And Deferred Sales Inducements (Tables)
 12 Months Ended
Dec. 31, 2024
Deferred Charges, Insurers [Abstract]  
Deferred Policy Acquisition Costs
The following table shows a rollforward for the lines of business that contain DAC balances, along with a reconciliation to the Company's total DAC balance: 
Fixed AnnuitiesVariable AnnuitiesTerm LifeVariable / Universal LifeTotal
 (in thousands)
Balance, December 31, 2021$84,481 $3,806,732 $577,084 $2,561,011 $7,029,308 
Capitalization(5)31,494 296,597 127,541 533,710 989,342 
Amortization expense(5)(13,724)(343,510)(55,423)(108,612)(521,269)
Other(1)0 0 (365)(540,819)(541,184)
Balance, December 31, 2022102,251 3,759,819 648,837 2,445,290 6,956,197 
Capitalization(5)117,851 263,869 159,000 580,715 1,121,435 
Amortization expense(5)(22,165)(331,368)(63,949)(122,028)(539,510)
Other(2)0 (393,385)0 (1)(393,386)
Balance, December 31, 2023197,937 3,298,935 743,888 2,903,976 7,144,736 
Capitalization216,410 430,520 183,463 703,465 1,533,858 
Amortization expense(42,705)(356,254)(63,447)(140,951)(603,357)
Other(3)(4)0 0 (249,836)(18,341)(268,177)
Balance, December 31, 2024$371,642 $3,373,201 $614,068 $3,448,149 $7,807,060 
(1)    Includes the impact of the reinsurance agreement with Lotus Re. See Note 11 for additional information.
(2)    Includes the impact of the reinsurance agreement with AuguStar. See Note 11 for additional information.
(3)    Includes the impacts of the Universal Life reinsurance transaction with PAR U and PURE. See Note 11 for additional information.
(4)    Includes the impacts of the Term Life reinsurance transaction with PARCC. See Note 11 for additional information.
(5)    Amounts reflect revision to prior period Financial Statements. See Note 17 for additional information.
Deferred Reinsurance Losses
The following table shows a rollforward for the lines of business that contain DRL balances, which is included in Other assets, along with a reconciliation to the Company's total DRL balance:

Variable AnnuitiesTerm LifeVariable/
Universal Life		Total
(in thousands)
Balance, December 31, 2021$254,577 $78,426 $0 $333,003 
Amortization expense(31,057)(9,048)0 (40,105)
Other(5)0 0 (5)
Balance, December 31, 2022223,515 69,378 0 292,893 
Amortization expense(29,403)(8,374)0 (37,777)
Other(1)0 0 (1)
Balance, December 31, 2023194,111 61,004 0 255,115 
Amortization expense(29,876)(15,345)(9,528)(54,749)
Other(1)(2)3 351,025 979,000 1,330,028 
Balance, December 31, 2024$164,238 $396,684 $969,472 $1,530,394 
(1)    Includes $979 million DRL related to the reinsurance transaction with Wilton Re. See Note 11 for additional information.
(2)    Includes $351 million DRL related to the reinsurance transaction with PARCC. See Note 11 for additional information.
Deferred Reinsurance Gains
The following table shows a rollforward for the lines of business that contain DRG balances, which is included in Other liabilities, along with a reconciliation to the Company's total DRG balance:
Fixed AnnuitiesVariable AnnuitiesVariable / Universal LifeTotal
(in thousands)
Balance, December 31, 2021$78,138 $0 $174,598 $252,736 
Amortization expense(6,437)0 (79,952)(86,389)
Other(1)(13,803)0 1,340,312 1,326,509 
Balance, December 31, 202257,898 0 1,434,958 1,492,856 
Amortization expense(9,790)(15,612)(71,462)(96,864)
Other(2)(34)277,333 0 277,299 
Balance, December 31, 202348,074 261,721 1,363,496 1,673,291 
Amortization expense(10,516)(20,061)(121,190)(151,767)
Other(3)(4)(10)(32)1,797,303 1,797,261 
Balance, December 31, 2024$37,548 $241,628 $3,039,609 $3,318,785 
(1)    Includes $1,352 million DRG related to the reinsurance agreement with Lotus Re, entered into January 1, 2022. See Note 11 for additional information.
(2)    Includes the impact of the reinsurance agreement with AuguStar. See Note 11 for additional information.
(3)    Includes the impact of the Universal Life reinsurance transactions with PAR U, PURE and Prudential Insurance effective January 1, 2024, including $1,207 million of DRG, partially offset by a $116 million write-off of the DRG that was recognized with the previous reinsurance agreement. See Note 11 for additional information.
(4)    Includes the impact of the Universal Life reinsurance transactions with PAR U and Prudential Insurance effective October 2024, including $798 million DRG, partially offset by a $94 million write-off of the DRG that was recognized with the previous reinsurance agreement. See Note 11 for additional information.
Deferred Sales Inducements
The following table shows a rollforward of DSI balances for variable annuity products, which is the only line of business that contains a DSI balance, along with a reconciliation to the Company's total DSI balance:

Variable Annuities
(in thousands)
Balance, December 31, 2021$414,619 
Capitalization676 
Amortization expense(33,791)
Balance, December 31, 2022381,504 
Capitalization1,514 
Amortization expense(31,625)
Other31 
Balance, December 31, 2023351,424 
Capitalization1,243 
Amortization expense(30,316)
Balance, December 31, 2024$322,351