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Life And Annuity Benefits (Tables)
12 Months Ended
Dec. 31, 2024
Schedule of Future Policyholder Benefits, Life and Annuity The following table presents the components of the Company's liabilities for life and annuity benefits.
December 31,
(dollars in thousands)20242023
Liability for future policyholder benefits
$491,370 $557,763 
Deferred profit liability51,482 52,287 
Other40,421 39,004 
Total$583,273 $649,054 
Liability for Future Policy Benefit, Activity The following table presents a rollforward of the present value of the liability for future policyholder benefits.
Years Ended December 31,
(dollars in thousands)202420232022
Liability for future policyholder benefits, beginning of year
$557,763 $554,366 $821,632 
Liability for future policyholder benefits at original discount rate, beginning of year642,877 667,761 745,313 
Effect of changes in cash flow assumptions — — 
Effect of actual variances from expected experience(4,745)(5,890)(3,859)
Adjusted liability for future policyholder benefits, beginning of year638,132 661,871 741,454 
Interest accretion13,996 14,889 15,625 
Benefit payments(49,200)(52,588)(53,232)
Effect of foreign currency rate changes(26,126)18,705 (36,086)
Liability for future policyholder benefits at original discount rate, end of year
576,802 642,877 667,761 
Cumulative effect of changes in discount rate assumptions(85,432)(85,114)(113,395)
Liability for future policyholder benefits, end of year
$491,370 $557,763 $554,366 
Liability for future policyholder benefits, undiscounted, end of year
$737,575 $824,642 $861,264 
Schedule of Additional Details of Liability for Future Policyholder Benefits, Life and Annuity
The following table summarizes additional details for the Company's liability for future policyholder benefits.

December 31,
20242023
Weighted-average interest rate:
Interest accretion rate2.3 %2.3 %
Current discount rate4.0 %3.8 %
Weighted-average liability duration8.3 years8.6 years