Unaudited Interim Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (73,372)	$ 301,038	[1]
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Policy charges and fee income	(3,887)	28,441	[2]
Interest credited to policyholders’ account balances	462,339	484,574	[1]
Realized investment (gains) losses, net	925,738	(801,943)	[3]
Change in value of market risk benefits, net of related hedging (gains) losses	612,240	178,187	[3]
Change in:
Future policy benefits and other insurance liabilities	967,671	1,319,243
Reinsurance related-balances	(586,472)	246,360	[1],[2]
Accrued investment income	(103,366)	(88,348)	[2]
Net payables to (receivables from) parent and affiliates	75,263	34,767
Deferred policy acquisition costs	(396,350)	(444,726)	[1],[2]
Income taxes	(66,442)	(57,180)	[1]
Derivatives, net	(1,098,813)	788,048	[1]
Other, net	(303,803)	(70,578)	[1],[2]
Cash flows from (used in) operating activities	410,746	1,917,883
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale	3,491,902	1,508,920
Fixed maturities, trading	657,457	634,302
Equity securities	2,171,675	599,044
Policy loans	105,200	90,999
Ceded policy loans	(61,408)	(53,663)
Short-term investments	633,464	751,272
Commercial mortgage and other loans	118,605	206,032
Other invested assets	77,504	28,981
Notes receivable from parent and affiliates	129,403	458	[2]
Payments for the purchase/origination of:
Fixed maturities, available-for-sale	(9,962,650)	(6,966,095)
Fixed maturities, trading	(1,326,274)	(1,033,048)
Equity securities	(497,374)	(355,520)
Policy loans	(155,673)	(116,650)
Ceded policy loans	48,779	49,226
Short-term investments	(434,651)	(787,217)
Commercial mortgage and other loans	(938,468)	(810,995)
Other invested assets	(513,961)	(206,518)
Notes receivable from parent and affiliates	(199,033)	(180,504)	[2]
Derivatives, net	(469)	157,771
Other, net	182	(7,632)
Cash flows from (used in) investing activities	(6,655,790)	(6,490,837)
CASH FLOWS FROM FINANCING ACTIVITIES:
Policyholders’ account deposits	8,047,648	8,432,668
Ceded policyholders’ account deposits	(1,387,570)	(600,162)	[1]
Policyholders’ account withdrawals	(2,228,032)	(1,966,941)	[1]
Ceded policyholders’ account withdrawals	363,234	410,169
Net change in securities sold under agreement to repurchase and cash collateral for loaned securities	97,420	(198,908)
Contributed capital	220,000	0
Return of capital	0	(550,000)
Contributed (distributed) capital - parent/child asset transfers	0	7,481
Net change in all other financing arrangements (maturities 90 days or less)	5,004	0
Repayments of debt (maturities longer than 90 days)	0	(180,411)
Drafts outstanding	(3,372)	(84,821)
Contributions from noncontrolling interests	87,259	74,858	[2]
Distributions to noncontrolling interests	(98,812)	0
Other, net	156,910	(24,564)	[1],[2]
Cash flows from (used in) financing activities	5,259,689	5,319,369
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(985,355)	746,415
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	3,325,698	2,139,792
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 2,340,343	$ 2,886,207

[1] Amounts reflect revision to prior period Financial Statements. See Note 17 for additional information.

[2] Prior period amounts have been updated to conform to current period presentation.

[3] Amounts reflect revision to prior period Financial Statements. See Note 17 for additional information.