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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income (loss) $ 342,645 $ (155,891)
Other comprehensive income (loss):    
Change in net unrealized investment gains/losses (119,594) 851,731
Change in current discount rate for liability for future policy benefits 3,572 (4,791)
Change in instrument-specific credit risk for market risk benefits (61,263) 70,005
Reclassification of unrealized investment gains/losses to net income (88,618) (18,463)
Other comprehensive income (loss) before income tax (265,903) 898,482
Income tax effect related to other comprehensive income (loss) 55,840 (188,681)
Other comprehensive income (loss) (210,063) 709,801
Comprehensive income $ 132,582 $ 553,910