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Life and Annuity Benefits (Tables) | 6 Months Ended
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Jun. 30, 2024
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [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) | June 30, 2024 |  | December 31, 2023
Liability for future policyholder benefits | $ | 507,926 |  |  | $ | 557,763 |
Deferred profit liability | 49,238 |  |  | 52,287 |
Other | 37,585 |  |  | 39,004 |
Total | $ | 594,749 |  |  | $ | 649,054 |
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.
| Six Months Ended June 30,
(dollars in thousands) | 2024 |  | 2023
Liability for future policyholder benefits, beginning of year | $ | 557,763 |  |  | $ | 554,366 |
Liability for future policyholder benefits at original discount rate, beginning of year | 642,877 |  |  | 667,761 |
Effect of changes in cash flow assumptions | — |  |  | — |
Effect of actual variances from expected experience | — |  |  | — |
Adjusted liability for future policyholder benefits, beginning of year | 642,877 |  |  | 667,761 |
Interest accretion | 7,113 |  |  | 7,594 |
Benefit payments | (25,750) |  |  | (26,661) |
Effect of foreign currency rate changes | (15,515) |  |  | 6,926 |
Liability for future policyholder benefits at original discount rate, end of period | 608,725 |  |  | 655,620 |
Cumulative effect of changes in discount rate assumptions | (100,799) |  |  | (106,019) |
Liability for future policyholder benefits, end of period (1) | $ | 507,926 |  |  | $ | 549,601 |
(1) The undiscounted liability for future policyholder benefits was $779.6 million and $843.3 million as of June 30, 2024 and 2023, 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.
| June 30, 2024 |  | December 31, 2023
Weighted-average interest rate: |  |  |
Interest accretion rate | 2.3 | % |  | 2.3 | %
Current discount rate | 4.3 | % |  | 3.8 | %
Weighted-average liability duration | 8.2 years |  | 8.6 years

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