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v3.23.2

Derivative Instruments (Change in Fair Value of Derivatives Not Designated as Hedging) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of embedded derivatives | $ 213,764 | $ (885,984) | [1] | $ 618,204 | $ (2,279,633) | [2]
Not Designated as Hedging Instrument |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of derivatives | 234,768 | (499,859) |  | 279,533 | (977,378) |
Change in fair value of embedded derivatives | 213,764 | (885,984) |  | 618,204 | (2,279,633) |
Not Designated as Hedging Instrument | Call Options |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of derivatives | 234,883 | (501,765) |  | 278,327 | (980,213) |
Not Designated as Hedging Instrument | Warrants |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of derivatives | (115) | (750) |  | 1,206 | 179 |
Not Designated as Hedging Instrument | Interest rate swaps |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of derivatives | 0 | 2,656 |  | 0 | 2,656 |
Not Designated as Hedging Instrument | Fixed index annuities - embedded derivatives |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of embedded derivatives | 233,514 | (686,562) |  | 573,574 | (1,877,767) |
Not Designated as Hedging Instrument | Reinsurance Related Embedded Derivative |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |
Change in fair value of embedded derivatives | $ (19,750) | $ (199,422) |  | $ 44,630 | $ (401,866) |
[1] | Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[2] | Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.

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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4CC + Details
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- Definition Net Increase or Decrease in the fair value of the embedded derivative or group of embedded derivatives included in earnings in the period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 15 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//815-15/tableOfContent + Details
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