Allowance for Expected Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

Allowance for Expected Credit Losses [Abstract]

Held-to-Maturity Fixed-Maturity Securities

The following table presents the balances for fixed maturities classified as held-to-maturity, net of the allowance for expected credit losses, at June 30, 2024 and 2023 and changes in the allowance for expected credit losses for the three and six months ended June 30, 2024 and 2023.

	At and For the Three Months Ended June 30, 2024				At and For the Three Months Ended June 30, 2023
	Held-to- Maturity, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses		Held-to- Maturity, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	683,399	$	1,329	$	693,779	$	1,355
Current period change for expected credit losses				25				(31	)
Balance at end of period	$	690,580	$	1,354	$	685,402	$	1,324

	At and For the Six Months Ended June 30, 2024				At and For the Six Months Ended June 30, 2023
	Held-to- Maturity, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses		Held-to- Maturity, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	679,497	$	1,326	$	688,439	$	—
Cumulative effect of adoption of updated accounting guidance for credit losses				—				1,268
Current period change for expected credit losses				28				56
Balance at end of period	$	690,580	$	1,354	$	685,402	$	1,324

Reinsurance Receivable

The following table presents the balances for reinsurance receivable, net of the allowance for expected credit losses, at June 30, 2024 and 2023, and the changes in the allowance for expected credit losses for the three and six months ended June 30, 2024 and 2023.

	At and For the Three Months Ended June 30, 2024					At and For the Three Months Ended June 30, 2023
	Reinsurance Receivable, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses			Reinsurance Receivable, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	435,505	$	1,026		$	460,681	$	1,467
Current period change for expected credit losses				(94	)				100
Balance at end of period	$	440,858	$	932		$	450,680	$	1,567

	At and For the Six Months Ended June 30, 2024					At and For the Six Months Ended June 30, 2023
	Reinsurance Receivable, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses			Reinsurance Receivable, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	441,431	$	1,394		$	456,522	$	—
Cumulative effect of adoption of updated accounting guidance for credit losses				—					1,132
Current period change for expected credit losses				(462	)				435
Balance at end of period	$	440,858	$	932		$	450,680	$	1,567