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v3.22.2.2

Fair Values of Financial Instruments (Reconciliation of Beginning and Ending Balances of Level 3 Assets and Liabilities) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Coinsurance ceded, fixed index annuities embedded derivatives | $ 8,848,418 |  | $ 8,848,418 |  | $ 8,850,608
Other Investments | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 0 | $ 0 | 6,349 | $ 0 |
Transfers in | 0 | 6,349 | 0 | 6,349 |
Transfers out | 0 | 0 | (3,867) | 0 |
Included in net income | 0 | 0 | (2,482) | 0 |
Included in other comprehensive income (loss) | 0 | 0 | 0 | 0 |
Ending balance | 0 | 6,349 | 0 | 6,349 |
Real Estate Investments | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 672,475 | 258,237 | 337,939 | 0 |
Purchases and sales, net | 250,062 | 1,025 | 553,628 | 259,262 |
Included in net income | (24,864) | 0 | 6,106 | 0 |
Ending balance | 897,673 | 259,262 | 897,673 | 259,262 |
Corporate Securities | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 77,726 | 0 | 0 | 0 |
Transfers in | 241,878 | 0 | 319,604 | 0 |
Included in net income | 0 | 0 | 0 | 0 |
Included in other comprehensive income (loss) | (72) | 0 | (72) | 0 |
Ending balance | 319,532 | 0 | 319,532 | 0 |
Other Asset Backed Securities | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 64,550 | 0 | 0 | 0 |
Transfers in | 37,151 | 0 | 101,701 | 0 |
Included in net income | 0 | 0 | 0 | 0 |
Included in other comprehensive income (loss) | (3,456) | 0 | (3,456) | 0 |
Ending balance | 98,245 | 0 | 98,245 | 0 |
Funds Withheld Liability - Embedded Derivative | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 0 | 0 | 0 | 0 |
Transfers in | (520,458) | 0 | (520,458) | 0 |
Change in fair value, net | 0 | 0 | 0 | 0 |
Ending balance | (520,458) | 0 | (520,458) | 0 |
Fixed Index Annuities - Embedded Derivatives |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Coinsurance ceded, fixed index annuities embedded derivatives | 733,500 |  | 733,500 |  | $ 1,245,000
Fixed Index Annuities - Embedded Derivatives | Fair Value, Measurements, Recurring |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |
Beginning balance | 5,836,312 | 8,384,764 | 7,964,961 | 7,938,281 |
Premiums less benefits | (92,242) | 365,474 | (28,759) | 1,062,994 |
Change in fair value, net | (466,244) | (681,509) | (2,658,376) | (932,546) |
Reserve release related to in-force ceded reinsurance | (20,784) | (520,889) | (20,784) | (520,889) |
Ending balance | $ 5,257,042 | $ 7,547,840 | $ 5,257,042 | $ 7,547,840 |

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