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Life and Annuity Benefits (Tables) | 9 Months Ended
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Sep. 30, 2023
Liability for Future Policy Benefit, before Reinsurance [Abstract] |
Schedule of Future Policyholder Benefits, Life and Annuity [Table Text Block] | The following table presents the components of the Company's liabilities for life and annuity benefits.
(dollars in thousands) | September 30, 2023 |  | December 31, 2022
Liability for future policyholder benefits | $ | 508,436 |  |  | $ | 554,366 |
Deferred profit liability | 52,034 |  |  | 48,569 |
Other | 39,786 |  |  | 47,786 |
Total | $ | 600,256 |  |  | $ | 650,721 |
Liability for Future Policy Benefit, Activity [Table Text Block] | The following table presents a rollforward of the present value of the liability for future policyholder benefits.
| Nine Months Ended September 30,
(dollars in thousands) | 2023 |  | 2022
Liability for future policyholder benefits, beginning of year | $ | 554,366 |  |  | $ | 821,632 |
Liability for future policyholder benefits at original discount rate, beginning of year | 667,761 |  |  | 745,313 |
Effect of changes in cash flow assumptions | — |  |  | — |
Effect of actual variances from expected experience | (5,890) |  |  | (3,859) |
Adjusted liability for future policyholder benefits, beginning of year | 661,871 |  |  | 741,454 |
Interest accretion | 11,251 |  |  | 11,909 |
Benefit payments | (39,819) |  |  | (40,643) |
Effect of foreign currency rate changes | (356) |  |  | (77,166) |
Liability for future policyholder benefits at original discount rate, end of period | 632,947 |  |  | 635,554 |
Cumulative effect of changes in discount rate assumptions | (124,511) |  |  | (112,459) |
Liability for future policyholder benefits, end of period (1) | $ | 508,436 |  |  | $ | 523,095 |
(1) The undiscounted liability for future policyholder benefits was $813.6 million and $822.3 million as of September 30, 2023 and 2022, respectively.
Schedule of Additional Details of Liability for Future Policyholder Benefits, Life and Annuity [Table Text Block] | The following table summarizes additional details for the Company's liability for future policyholder benefits.
| September 30, 2023 |  | December 31, 2022
Weighted-average interest rate: |  |  |
Interest accretion rate | 2.3 | % |  | 2.3 | %
Current discount rate | 4.7 | % |  | 4.3 | %
Weighted-average liability duration | 8.2 years |  | 8.6 years

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