Globe Life (GL) 10-Q8 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	6 Months Ended
Cover - shares	Jun. 30, 2023	Jul. 31, 2023
Entity Listings [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-08052
Entity Registrant Name	GLOBE LIFE INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	63-0780404
Entity Address, Address Line One	3700 South Stonebridge Drive
Entity Address, City or Town	McKinney
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75070
City Area Code	972
Local Phone Number	569-4000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		94,819,680
Entity Central Index Key	0000320335
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock, $1.00 par value per share
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $1.00 par value per share
Trading Symbol	GL
Security Exchange Name	NYSE
4.250% Junior Subordinated Debentures
Entity Listings [Line Items]
Title of 12(b) Security	4.250% Junior Subordinated Debentures
Trading Symbol	GL PRD
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investments:
Fixed maturities—available for sale, at fair value (amortized cost: 2023—$18,687,479; 2022—$18,301,692, allowance for credit losses: 2023— $72,508; 2022— $0)	$ 17,033,450	$ 16,503,365
Policy loans	633,558	614,866
Other long-term investments (includes: 2023—$759,157; 2022—$768,689 under the fair value option)	1,010,136	976,016
Short-term investments	71,128	114,121
Total investments	18,748,272	18,208,368
Cash	75,011	92,559
Accrued investment income	267,776	259,581
Other receivables	601,787	589,079
Deferred acquisition costs	5,778,732	5,535,697
Goodwill	481,791	481,791
Other assets	754,589	760,066
Total assets	26,707,958	25,927,141
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,598,663; 2022—$16,306,870)	18,746,514	18,040,042
Unearned and advance premium	266,710	253,140
Policy claims and other benefits payable	510,929	507,219
Other policyholders' funds	187,873	123,236
Total policy liabilities	19,712,026	18,923,637
Current and deferred income taxes	404,480	434,649
Short-term debt	258,232	449,103
Long-term debt (estimated fair value: 2023—$1,633,248; 2022—$1,440,277)	1,798,117	1,627,952
Other liabilities	554,797	542,223
Total liabilities	22,727,652	21,977,564
Commitments and Contingencies (Note 5)
Shareholders' equity:
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2023 and 2022	0	0
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2023—105,218,183 issued; 2022—105,218,183 issued)	105,218	105,218
Additional paid-in-capital	536,126	529,661
Accumulated other comprehensive income (loss)	(2,943,897)	(2,790,313)
Retained earnings	7,285,809	6,894,535
Treasury stock, at cost: (2023—10,225,970 shares; 2022—8,478,288 shares)	(1,002,950)	(789,524)
Total shareholders' equity	3,980,306	3,949,577
Total liabilities and shareholders' equity	$ 26,707,958	$ 25,927,141

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fixed maturities, available for sale, amortized cost	$ 18,687,479	$ 18,301,692
Fixed maturities, available for sale, allowance for credit losses	72,508	0
Other long-term investments under fair value option	1,010,136	976,016
Net liabilities for future policy benefits	16,598,663	16,306,870
Total long-term debt, fair value	$ 1,633,248	$ 1,440,277
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	320,000,000	320,000,000
Common stock, shares issued (in shares)	105,218,183	105,218,183
Common stock, shares outstanding (in shares)	105,218,183	105,218,183
Common stock, shares held in treasury (in shares)	10,225,970	8,478,288
Partnership Interest - Fair Value Option \| Investment in Limited Partnerships
Other long-term investments under fair value option	$ 759,157	$ 768,689

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Revenue		$ 1,110,920	$ 1,077,199	$ 2,206,010	$ 2,142,011
Net investment income		261,244	244,712	518,349	489,606
Realized gains (losses)		(45,843)	(30,446)	(76,770)	(37,690)
Other income		85	299	135	463
Total revenue		1,326,406	1,291,764	2,647,724	2,594,390
Benefits and expenses:
Life policyholder benefits	[1]	512,664	492,364	1,020,641	987,793
Health policyholder benefits	[2]	195,924	190,075	386,886	379,093
Other policyholder benefits		8,922	8,992	17,910	18,694
Total policyholder benefits		717,510	691,431	1,425,437	1,385,580
Amortization of deferred acquisition costs		94,080	86,185	186,402	170,681
Commissions, premium taxes, and non-deferred acquisition costs		138,459	126,213	276,256	251,722
Other operating expense		86,033	89,658	170,204	174,010
Interest expense		25,818	21,828	50,685	41,772
Total benefits and expenses		1,061,900	1,015,315	2,108,984	2,023,765
Income before income taxes		264,506	276,449	538,740	570,625
Income tax benefit (expense)		(49,246)	(52,476)	(99,870)	(109,168)
Net income		$ 215,260	$ 223,973	$ 438,870	$ 461,457
Basic net income per common share (in dollars per share)		$ 2.26	$ 2.28	$ 4.58	$ 4.67
Diluted net income per common share (in dollars per share)		$ 2.24	$ 2.26	$ 4.52	$ 4.63
Life premium
Revenue:
Revenue		$ 781,733	$ 756,892	$ 1,554,330	$ 1,506,020
Health premium
Revenue:
Revenue		329,187	320,307	651,680	635,991
Other
Revenue:
Revenue		$ 0	$ 0	$ 0	$ 0

[1]Net of remeasurement gain of $2.4 million and $1.7 million for the three months ended June 30, 2023 and 2022, respectively. Net of remeasurement gain of $5.1 million for the six months ended June 30, 2023 and a remeasurement loss of $4.1 million for the same period in 2022.[2]Net of remeasurement gain of $2.6 million and $2.1 million for the three months ended June 30, 2023 and 2022, respectively. Net of remeasurement gain of $532 thousand and $4.0 million for the six months ended June 30, 2023 and 2022, respectively.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Life insurance
Policyholder benefits net of remeasurement gain (loss)	$ 2,400	$ 1,700	$ 5,100	$ (4,100)
Health premium
Policyholder benefits net of remeasurement gain (loss)	$ 2,600	$ 2,100	$ 532	$ 4,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 215,260	$ 223,973	$ 438,870	$ 461,457
Unrealized gains (losses) on fixed maturities:
Total unrealized investment gains (losses)	(294,471)	(2,018,116)	216,805	(4,314,784)
Less applicable tax (expense) benefit	61,836	423,810	(45,532)	906,109
Unrealized gains (losses) on investments, net of tax	(232,635)	(1,594,306)	171,273	(3,408,675)
Future Policy Benefits:
Change in discount rate on future policy benefits	306,211	2,791,287	(414,679)	5,596,798
Less applicable tax (expense) benefit	(64,305)	(586,174)	87,082	(1,175,330)
Future policy benefit adjustments, net of tax	241,906	2,205,113	(327,597)	4,421,468
Foreign exchange translation:
Foreign exchange translation adjustments, other than securities	10,358	(18,409)	3,842	(14,181)
Less applicable tax (expense) benefit	(2,176)	3,865	(808)	2,978
Foreign exchange translation adjustments, other than securities, net of tax	8,182	(14,544)	3,034	(11,203)
Pension:
Pension adjustments	(323)	3,441	(371)	6,878
Less applicable tax (expense) benefit	66	(723)	77	(1,445)
Pension adjustments, net of tax	(257)	2,718	(294)	5,433
Other comprehensive income (loss)	17,196	598,981	(153,584)	1,007,023
Comprehensive income (loss)	232,456	822,954	285,286	1,468,480
Securities
Unrealized gains (losses) on fixed maturities:
Unrealized holding gains (losses) arising during period	(333,329)	(2,042,210)	135,790	(4,335,132)
Other reclassification adjustments included in net income	49,425	22,259	82,015	18,229
Foreign exchange adjustment on fixed maturities recorded at fair value	$ (10,567)	$ 1,835	$ (1,000)	$ 2,119

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Treasury Stock
Beginning balance at Dec. 31, 2021	$ 2,003,808	$ 0	$ 109,218	$ 520,564	$ (4,235,048)	$ 6,455,733	$ (846,659)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	645,526				408,042	237,484
Common dividends declared	(20,543)					(20,543)
Acquisition of treasury stock	(119,482)						(119,482)
Stock-based compensation	9,035			2,504		(345)	6,876
Exercise of stock options	25,931					(9,964)	35,895
Ending balance at Mar. 31, 2022	2,544,275	0	109,218	523,068	(3,827,006)	6,662,365	(923,370)
Beginning balance at Dec. 31, 2021	2,003,808	0	109,218	520,564	(4,235,048)	6,455,733	(846,659)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	1,468,480
Ending balance at Jun. 30, 2022	3,220,303	0	109,218	531,516	(3,228,025)	6,863,681	(1,056,087)
Beginning balance at Mar. 31, 2022	2,544,275	0	109,218	523,068	(3,827,006)	6,662,365	(923,370)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	822,954				598,981	223,973
Common dividends declared	(20,238)					(20,238)
Acquisition of treasury stock	(143,939)						(143,939)
Stock-based compensation	8,448			8,448			0
Exercise of stock options	8,803					(2,419)	11,222
Ending balance at Jun. 30, 2022	3,220,303	0	109,218	531,516	(3,228,025)	6,863,681	(1,056,087)
Beginning balance at Dec. 31, 2022	3,949,577	0	105,218	529,661	(2,790,313)	6,894,535	(789,524)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	52,830				(170,780)	223,610
Common dividends declared	(21,542)					(21,542)
Acquisition of treasury stock	(179,276)						(179,276)
Stock-based compensation	7,678			(1,022)			8,700
Exercise of stock options	37,024					(4,059)	41,083
Ending balance at Mar. 31, 2023	3,846,291	0	105,218	528,639	(2,961,093)	7,092,544	(919,017)
Beginning balance at Dec. 31, 2022	3,949,577	0	105,218	529,661	(2,790,313)	6,894,535	(789,524)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	285,286
Ending balance at Jun. 30, 2023	3,980,306	0	105,218	536,126	(2,943,897)	7,285,809	(1,002,950)
Beginning balance at Mar. 31, 2023	3,846,291	0	105,218	528,639	(2,961,093)	7,092,544	(919,017)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	232,456				17,196	215,260
Common dividends declared	(21,330)					(21,330)
Acquisition of treasury stock	(89,755)						(89,755)
Stock-based compensation	7,487			7,487
Exercise of stock options	5,157					(665)	5,822
Ending balance at Jun. 30, 2023	$ 3,980,306	$ 0	$ 105,218	$ 536,126	$ (2,943,897)	$ 7,285,809	$ (1,002,950)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Common dividends declared, per share (in dollars per share)	$ 0.2250	$ 0.2250	$ 0.2075	$ 0.2075

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Statement of Cash Flows [Abstract]
Cash provided from (used for) operating activities	$ 804,141	$ 693,390
Investments sold or matured:
Fixed maturities available for sale—sold	145,824	219,027
Fixed maturities available for sale—matured or other redemptions	138,259	305,656
Other long-term investments	59,593	48,334
Total investments sold or matured	343,676	573,017
Acquisition of investments:
Fixed maturities—available for sale	(623,023)	(717,994)
Other long-term investments	(91,186)	(157,913)
Total investments acquired	(714,209)	(875,907)
Net (increase) decrease in policy loans	(18,692)	(7,553)
Net (increase) decrease in short-term investments	42,993	(46,679)
Additions to property and equipment	(25,629)	(13,627)
Investments in low-income housing interests	(38,276)	(37,181)
Cash provided from (used for) investing activities	(410,137)	(407,930)
Cash provided from (used for) financing activities:
Issuance of common stock	42,181	34,734
Cash dividends paid to shareholders	(41,569)	(40,208)
Repayment of debt	(165,612)	0
Proceeds from issuance of debt	170,000	250,492
Payment for debt issuance costs	(693)	(5,272)
Net borrowing (repayment) of commercial paper	(25,371)	(150,047)
Acquisition of treasury stock	(269,031)	(263,421)
Net receipts (payments) from deposit-type products	(116,437)	(33,782)
Cash provided from (used for) financing activities	(406,532)	(207,504)
Effect of foreign exchange rate changes on cash	(5,020)	2,138
Net increase (decrease) in cash	(17,548)	80,094
Cash at beginning of year	92,559	92,163
Cash at end of period	$ 75,011	$ 172,257

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
Significant Accounting Policies	Jun. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	Note 1—Significant Accounting Policies Business : (Globe Life), (the Company), refers to Globe Life Inc., an insurance holding company incorporated in Delaware in 1979, and Globe Life Inc. subsidiaries and affiliates. Globe Life Inc.'s direct or indirect primary subsidiaries are Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company. The underwriting companies are owned by their ultimate corporate parent, Globe Life Inc. (Parent Company). Globe Life provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The Company is organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Globe Life markets its insurance products through a number of distribution channels, each of which sells the products of one or more of Globe Life's insurance segments. Our distribution channels consist of the following exclusive agencies: American Income Life Division (American Income), Liberty National Division (Liberty National) and Family Heritage Division (Family Heritage); an independent agency, United American Division (United American); and our Direct to Consumer Division (DTC). Basis of Presentation : The accompanying condensed consolidated financial statements of Globe Life have been prepared in accordance with the instructions to Form 10-Q. Therefore, they do not include all of the disclosures required by accounting principles generally accepted in the United States of America (GAAP) for annual financial statements. However, in the opinion of management, these statements include all adjustments, consisting of normal recurring adjustments, which are necessary for a fair presentation of the condensed consolidated financial position at June 30, 2023, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended June 30, 2023 and 2022. The interim period condensed consolidated financial statements should be read in conjunction with the Consolidated Financial Statements that are included in the Form 10-K filed with the Securities Exchange Commission (SEC) on February 23, 2023. Use of Estimates : The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. See further documentation in the significant accounting policies or the accompanying notes. Significant Accounting Policy Updates : The following accounting policies were updated since the 2022 Form 10-K due to the adoption of ASU 2018-12, Financial Services - Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (ASU 2018-12). Refer to Note 2—New Acc ounting Stan dards for additional information on the financial statement impacts related to the adoption of this standard. Future Policy Benefits— The liability for future policy benefits for traditional and limited-payment long duration life and health products comprises approximately 92% of the total liability for future policy benefits. The liability is determined each reporting period based on the net level premium method. This method requires the liability for future policy benefits be calculated as the present value of estimated future policyholder benefits and the related termination expenses, less the present value of estimated future net premiums to be collected from policyholders. Net level premiums reflect a recomputed net premium ratio 1 using actual experience since the issue date or the Transition Date, and expected future experience. The liability is accrued as premium revenue is recognized and adjusted for differences between actual and expected experience. Long-duration insurance contracts issued by the Company are grouped into cohorts based on the contract issue year, distribution channel, legal entity, and product type. Both the present value of expected future benefit payments and the present value of expected future net premiums are based primarily on assumptions of discount rates, mortality, morbidity, lapse, and persistency. Each quarter, the Company remeasures its liability for future policy benefits using current discount rates with the effect of the change recognized in Other Comprehensive Income, a component of shareholders’ equity. In addition, the Company recognizes a liability remeasurement gain or loss within the Condensed Consolidated Statements of Operations using original discount rates, and relating to actual experience under the net premium calculation, as compared to the prior reporting period assumptions. The Company regularly reviews its cash flow assumptions (mortality, morbidity, lapses, and persistency) used to calculate the change in the liability for future policy benefits. These cash flow assumptions are updated as necessary in the third quarter of every year, or more frequently if suggested by experience. If cash flow assumptions are changed, the net premium ratio is recalculated from the original issue date, or the Transition Date, using actual experience and projected future cash flows. When the expected future net premiums exceed the expected future gross premiums, or the present value of future policyholder benefits exceeds the present value of expected future gross premiums, the liability for future policy benefits is adjusted with changes recognized in policyholder benefits on the Condensed Consolidated Statements of Operations . The cash flow assumptions do not include an adjustment for adverse deviation. Mortality tables used for individual life insurance include various industry tables and reflect modifications based on Company experience. Morbidity assumptions for individual health are based on Company experience and industry data. Lapse and persistency assumptions are based on Company experience. The liability for future policy benefits is discounted as noted above, using a current upper-medium grade fixed-income instrument yield that reflects the duration characteristics of the liability for future policy benefits. The methodology for determining current discount rates consists of constructing a discount rate curve intended to be reflective of the currency and tenor of the insurance liability cash flows. The methodology is designed to prioritize observable inputs based on market data available in the local debt markets denominated in the same currency as the policies. For the discount rates applicable to tenors for which the single-A debt market is not liquid or there is little or no observable market data, the Company will use estimation techniques consistent with the fair value guidance in ASC 820. We further accrete interest as a component of policyholder benefits using the original discount rate that is locked-in during the year of contract issuance. The original discount rates (or the locked-in discount rates) are used for interest accretion purposes and for the determination of net premiums, whereas the current discount rates are used for purposes of valuing the liability. The liability for future policy benefits for annuity and interest sensitive life-type products is represented by policy account value. For limited-payment contracts, a deferred profit liability is also recorded, with changes recognized in income over the life of the contract in proportion to the amount of insurance in force. Deferred Acquisition Costs— Certain costs of acquiring new insurance business are deferred and recorded as an asset. These costs are capitalized on a grouped contract basis and amortized over the expected term of the related contracts, and are essential for the acquisition of new insurance business. Deferred acquisition costs (DAC) are directly related to the successful issuance of an insurance contract, and primarily include sales commissions, policy issue costs, direct to consumer advertising costs, and underwriting costs. Additionally, DAC includes the value of business acquired (VOBA), which are the costs of acquiring blocks of insurance from other companies or through the acquisition of other companies. These costs represent the difference between the fair value of the contractual insurance assets acquired and liabilities assumed, compared against the assets and liabilities for insurance contracts that the Company issues or holds measured in accordance with GAAP. DAC is amortized on a constant-level basis over the expected term of the grouped contracts, with the related expense included in amortization of deferred acquisition costs on the Condensed Consolidated Statements of Operations . The in-force metric used to compute the DAC amortization rate is annualized premium in force. The assumptions used to amortize acquisition costs include mortality, morbidity, and persistency. These assumptions are reviewed at least annually and revised in conjunction with any change in the future policy benefit assumptions. The effect of changes in the assumptions are recognized over the remaining expected contract term as a revision of future amortization amounts.

New Accounting Standards

New Accounting Standards	6 Months Ended
New Accounting Standards	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
New Accounting Standards	Note 2—New Accounting Standards Accounting Pronouncements Adopted in the Current Year : On January 1, 2023, the Company adopted ASU 2018-12 (also referred to as Long Duration Targeted Improvements or LDTI) on a modified retrospective basis as of the transition date (Transition Date) of January 1, 2021 . The amended guidance is a significant change to the accounting and disclosure of long-duration life and health insurance contracts. The modified retrospective transition method requires the updated standard be applied to all long-duration life and health contracts, which has resulted in the adjustment of the 2021 and 2022 consolidated financial statements. The following tables summarize the balance of and changes to the liability for future policy benefits for traditional life and health long-duration contracts on the Transition Date due to the adoption of ASU 2018-12: Net Liability for Future Policy Benefits - Long Duration Life American Income DTC Liberty National Other Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 3,541,317 $ 2,492,226 $ 2,140,071 $ 2,736,804 $ 10,910,418 Effect of changes in discount rate assumptions 3,334,600 2,195,430 1,229,610 2,297,835 9,057,475 Effect of capping and flooring (1) — 16,899 2,433 2 19,334 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 6,875,917 $ 4,704,555 $ 3,372,114 $ 5,034,641 $ 19,987,227 Net liability for Future Policy Benefits - Long Duration Health United American Family Heritage Liberty National American Income DTC Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 131,505 $ 1,383,128 $ 501,312 $ 101,998 $ (2,941) $ 2,115,002 Effect of changes in discount rate assumptions 75,652 497,250 219,992 60,366 346 853,606 Effect of capping and flooring (1) 6,506 — 19,324 — 4,193 30,023 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 213,663 $ 1,880,378 $ 740,628 $ 162,364 $ 1,598 $ 2,998,631 (1) When the present value of expected future net premiums exceeds the present value of expected future gross premiums for a given cohort (capping), or the present value of future policy benefits and related termination expenses exceeds the present value of expected future net premiums (flooring), an adjustment is made to the liability for future policy benefits. The following table presents total policy liabilities, both before and after the Transition Date: January 1, December 31, 2021 2020 Future policy benefits: Net liability for future policy benefits—long duration life $ 19,987,227 $ 10,910,418 Net liability for future policy benefits—long duration health 2,998,631 2,115,002 Additional insurance liabilities (1),(2) 2,008,399 2,218,116 Total future policy benefits 24,994,257 15,243,536 Unearned and advance premium (1) 243,369 61,728 Policy claims and other benefits payable (1) 473,524 399,507 Other policyholders' funds (1) 98,459 97,968 Total policy liabilities $ 25,809,609 $ 15,802,739 (1) In addition to the discount rate related adjustments to future policy benefits, the Company reclassified certain balances within total policy liabilities on the Consolidated Balance Sheets as a result of adopting ASU 2018-12. The reclassifications had an immaterial impact on Shareholders' Equity. See table summarizing the transition adjustments to Shareholders' Equity below. (2) The Company's additional insurance liabilities consist primarily of: 1) deferred profit liability on limited-payment contracts; and 2) reserves on deferred annuity and interest sensitive life blocks of business. See Note 6—Policy Liabilities The following table presents the Company's deferred policy acquisition costs, both before and after the Transition Date: January 1, December 31, 2021 2020 Life: American Income $ 1,647,761 $ 1,647,761 Direct to Consumer 1,498,970 1,498,435 Liberty National 531,504 531,504 Other 304,786 304,459 Total life 3,983,021 3,982,159 Health: United American 65,020 74,353 Family Heritage 364,751 364,751 Liberty National 124,754 124,888 American Income 39,477 39,477 Direct to Consumer 2,215 6,600 Total health 596,217 610,069 Annuity 8,309 3,216 Total DAC $ 4,587,547 $ 4,595,444 The following table presents the effect of transition adjustments due to the adoption of ASU 2018-12 on Shareholders' Equity: Retained Earnings Accumulated Other Comprehensive Income (Loss) Other (1) Total Shareholders’ Equity, as of December 31, 2020 $ 5,874,109 $ 3,029,244 $ (132,261) $ 8,771,092 Effect of changes in discount rate assumptions — (7,829,753) — (7,829,753) Effect of capping and flooring (38,992) — — (38,992) Effect of removal of unrealized gain (loss) on DAC — 4,704 — 4,704 Other adjustments 26,470 — — 26,470 Shareholders’ Equity, as of January 1, 2021 $ 5,861,587 $ (4,795,805) $ (132,261) $ 933,521 (1) Other represents common stock, additional paid-in capital, and treasury stock, combining balances that were unaffected by the new standard. As of the Transition Date, the primary effects of the changes required by the standard were to AOCI and retained earnings. As seen in the table above, the transition adjustments impacting AOCI consist of the effect of changes in discount rate assumptions and the effect of the removal of unrealized gains (losses) on DAC. The effect of changes in discount rate assumptions is the impact, net of tax, of the Company re-measuring its liability for future policy benefits using current discount rates. As of the Transition Date, we experienced a lower level of current discount rates than the original discount rates used in valuing our future policy benefits under the prior guidance, thus reducing Shareholders' Equity. For the effect of removing unrealized gains (losses) on DAC, this adjustment relates to the requirement to remove unrealized gains (losses) that were included within the amortization calculation, as noted previously. Accounting Pronouncements Yet to be Adopted : ASU No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions, adds disclosure requirements specific to equity securities subject to contractual sale restrictions. The disclosures clarify the nature of the contractual sale as well as the duration of the restriction and the circumstances that could cause a lapse in the restriction. This standard is effective for the Company on January 1, 2024, and will be implemented on a prospective basis. The Company does not expect the standard will have a material impact on the Consolidated Financial Statements. Effect of New Accounting Standards on Previously Reported Results : The impacts from the adoption of ASU 2018-12 on the Company's previously reported results included in these financial statements are as follows: Condensed Consolidated Balance Sheets December 31, 2022 As Previously Reported Adoption Impact As Adjusted Assets: Other receivables $ 484,887 $ 104,192 $ 589,079 Deferred acquisition costs 5,249,907 285,790 5,535,697 Liabilities: Future policy benefits 16,721,846 1,318,196 18,040,042 Unearned and advance premium 60,742 192,398 253,140 Policy claims and other benefits payable 430,027 77,192 507,219 Current and deferred income taxes 686,172 (251,523) 434,649 Shareholders' equity: Accumulated other comprehensive income (loss) (1,415,714) (1,374,599) (2,790,313) Retained earnings 6,466,220 428,315 6,894,535 Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended As Previously Reported Adoption Impact As Adjusted As Previously Reported Adoption Impact As Adjusted Revenue: Life premium $ 759,924 $ (3,032) $ 756,892 $ 1,514,526 $ (8,506) $ 1,506,020 Health premium 319,189 1,118 320,307 636,189 (198) 635,991 Net investment income 243,642 1,070 244,712 487,476 2,130 489,606 Benefits and expenses: Life policyholder benefits 511,034 (18,670) 492,364 1,060,377 (72,584) 987,793 Health policyholder benefits 197,218 (7,143) 190,075 394,073 (14,980) 379,093 Other policyholder benefits 7,074 1,918 8,992 14,124 4,570 18,694 Amortization of deferred acquisition costs 155,205 (69,020) 86,185 313,589 (142,908) 170,681 Commissions, premium taxes, and non-deferred acquisition costs 93,595 32,618 126,213 184,408 67,314 251,722 Income before income taxes 216,996 59,453 276,449 418,611 152,014 570,625 Income tax benefit (expense) (39,992) (12,484) (52,476) (77,246) (31,922) (109,168) Net income $ 177,004 $ 46,969 $ 223,973 $ 341,365 $ 120,092 $ 461,457 Basic net income per common share $ 1.80 $ 0.48 $ 2.28 $ 3.46 $ 1.21 $ 4.67 Diluted net income per common share $ 1.79 $ 0.47 $ 2.26 $ 3.43 $ 1.20 $ 4.63 See Note 1—Significant Accounting Policies , Note 6—Policy Liabilities , and Note 7—DAC for additional information on the adoption.

Supplemental Information about

Supplemental Information about Changes to Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Supplemental Information about Changes to Accumulated Other Comprehensive Income	Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income Components of Accumulated Other Comprehensive Income : An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for the three and six month periods ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2023 $ (1,016,764) $ (1,938,707) $ (6,829) $ 1,207 $ (2,961,093) Other comprehensive income (loss) before reclassifications, net of tax (271,681) 241,906 8,182 — (21,593) Reclassifications, net of tax 39,046 — — (257) 38,789 Other comprehensive income (loss) (232,635) 241,906 8,182 (257) 17,196 Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Three Months Ended June 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2022 $ 950,921 $ (4,699,555) $ 22,589 $ (100,961) $ (3,827,006) Other comprehensive income (loss) before reclassifications, net of tax (1,611,891) 2,205,113 (14,544) — 578,678 Reclassifications, net of tax 17,585 — — 2,718 20,303 Other comprehensive income (loss) (1,594,306) 2,205,113 (14,544) 2,718 598,981 Balance at June 30, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025) Six Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2023 $ (1,420,672) $ (1,369,204) $ (1,681) $ 1,244 $ (2,790,313) Other comprehensive income (loss) before reclassifications, net of tax 106,481 (327,597) 3,034 — (218,082) Reclassifications, net of tax 64,792 — — (294) 64,498 Other comprehensive income (loss) 171,273 (327,597) 3,034 (294) (153,584) Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Six Months Ended June 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2022 $ 2,765,290 $ (6,915,910) $ 19,248 $ (103,676) $ (4,235,048) Other comprehensive income (loss) before reclassifications, net of tax (3,423,076) 4,421,468 (11,203) — 987,189 Reclassifications, net of tax 14,401 — — 5,433 19,834 Other comprehensive income (loss) (3,408,675) 4,421,468 (11,203) 5,433 1,007,023 Balance at June 30, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025) Reclassification Adjustments : Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and six month periods ended June 30, 2023 and 2022. Three Months Ended Six Months Ended June 30, Affected line items in the Statements of Operations Component Line Item 2023 2022 2023 2022 Unrealized investment (gains) losses on available for sale assets: Realized (gains) losses $ 50,347 $ 22,422 $ 83,471 $ 17,485 Realized (gains) losses Amortization of (discount) premium (922) (163) (1,456) 744 Net investment income Total before tax 49,425 22,259 82,015 18,229 Tax (10,379) (4,674) (17,223) (3,828) Income taxes Total after-tax 39,046 17,585 64,792 14,401 Pension adjustments: Amortization of prior service cost 269 158 538 316 Other operating expense Amortization of actuarial (gain) loss (592) 3,283 (909) 6,562 Other operating expense Total before tax (323) 3,441 (371) 6,878 Tax 66 (723) 77 (1,445) Income taxes Total after-tax (257) 2,718 (294) 5,433 Total reclassification (after-tax) $ 38,789 $ 20,303 $ 64,498 $ 19,834

Investments

Investments	6 Months Ended
Investments	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 9,296 $ 173,246 $ 20,444 $ 202,986 90 70% to 80% — 4,846 1,153 5,999 3 81% to 90% 8,374 — — 8,374 4 Greater than 90% 7,035 — — 7,035 3 Total $ 24,705 $ 178,092 $ 21,597 224,394 100 Less allowance for credit losses (2,928) Total, net of allowance for credit losses $ 221,466 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming. December 31, 2022 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 24,221 $ 108,156 $ 12,018 $ 144,395 79 70% to 80% — 22,120 1,238 23,358 13 81% to 90% 8,307 — — 8,307 4 Greater than 90% 7,034 — — 7,034 4 Total $ 39,562 $ 130,276 $ 13,256 183,094 100 Less allowance for credit losses (1,789) Total, net of allowance for credit losses $ 181,305 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming. As of June 30, 2023, the Company evaluated the commercial mortgage loan portfolio on a pool basis to determine the allowance for credit losses. At the end of the period, the Company had 25 loans in the portfolio. For the six months ended June 30, 2023, the allowance for credit losses increased $1.1 million. Additionally, there was one foreclosure that resulted in a $2.9 million after tax realized loss during the period. The provision for credit losses is included in "Realized gains (losses)" in the Condensed Consolidated Statements of Operations . Three Months Ended Six Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 3,069 $ 827 $ 1,789 $ 827 Provision (reversal) for credit losses (141) 282 1,139 282 Allowance for credit losses ending balance $ 2,928 $ 1,109 $ 2,928 $ 1,109 " id="sjs-B4" xml:space="preserve">Note 4—Investments Portfolio Composition : Summaries of fixed maturities available for sale by amortized cost, fair value, and allowance for credit losses at June 30, 2023 and December 31, 2022, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) are as follows. Redeemable preferred stock is included within "Corporates, by sector." At June 30, 2023 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 392,453 $ — $ 37 $ (34,893) $ 357,597 2 States, municipalities, and political subdivisions 3,071,617 — 36,601 (451,322) 2,656,896 16 Foreign governments 43,464 — — (11,481) 31,983 — Corporates, by sector: Financial 4,944,716 (65,476) 59,319 (493,205) 4,445,354 26 Utilities 1,988,656 — 41,220 (114,276) 1,915,600 11 Energy 1,431,789 — 27,914 (93,599) 1,366,104 8 Other corporate sectors 6,690,357 (7,032) 89,696 (636,276) 6,136,745 36 Total corporates 15,055,518 (72,508) 218,149 (1,337,356) 13,863,803 81 Collateralized debt obligations 37,080 — 5,225 — 42,305 — Other asset-backed securities 87,347 — 2 (6,483) 80,866 1 Total fixed maturities $ 18,687,479 $ (72,508) $ 260,014 $ (1,841,535) $ 17,033,450 100 (1) Amount reported in the balance sheet. (2) At fair value. At December 31, 2022 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 394,439 $ — $ 27 $ (38,968) $ 355,498 2 States, municipalities, and political subdivisions 2,791,030 — 24,328 (505,447) 2,309,911 14 Foreign governments 55,164 — 6 (12,706) 42,464 — Corporates, by sector: Financial 4,907,794 — 63,126 (504,489) 4,466,431 27 Utilities 1,924,190 — 36,670 (125,713) 1,835,147 11 Energy 1,436,598 — 22,637 (101,923) 1,357,312 8 Other corporate sectors 6,667,043 — 78,903 (738,772) 6,007,174 37 Total corporates 14,935,625 — 201,336 (1,470,897) 13,666,064 83 Collateralized debt obligations 37,098 — 13,266 — 50,364 — Other asset-backed securities 88,336 — 4 (9,276) 79,064 1 Total fixed maturities $ 18,301,692 $ — $ 238,967 $ (2,037,294) $ 16,503,365 100 (1) Amount reported in the balance sheet. (2) At fair value. The Company has exposure to banks as part of its fixed maturity portfolio. The Company’s bank securities had a fair value of $1.2 billion (7% of the total fixed maturity portfolio) and $1.3 billion (8% of the total fixed maturity portfolio) at June 30, 2023 and December 31, 2022, respectively. Additionally, the Company has exposure to real estate investment trusts which had a fair value of $405 million (2% of the total fixed maturity portfolio) and $428 million (3% of the total fixed maturity portfolio) at June 30, 2023 and December 31, 2022, respectively. A schedule of fixed maturities available for sale by contractual maturity date at June 30, 2023, is shown below on an amortized cost basis, net of allowance for credit losses, and on a fair value basis. Actual disposition dates could differ from contractual maturities due to call or prepayment provisions. At June 30, 2023 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 175,156 $ 174,975 Due after one year through five years 1,122,352 1,118,516 Due after five years through ten years 1,651,261 1,673,707 Due after ten years through twenty years 8,041,646 7,621,151 Due after twenty years 7,500,129 6,321,930 Mortgage-backed and asset-backed securities 124,427 123,171 $ 18,614,971 $ 17,033,450 Analysis of Investment Operations: "Net investment income" for the three and six month periods ended June 30, 2023 and 2022 is summarized as follows: Three Months Ended Six Months Ended 2023 2022 % Change 2023 2022 % Change Fixed maturities available for sale $ 234,187 $ 226,753 3 $ 466,486 $ 452,037 3 Policy loans 12,234 11,580 6 23,989 23,008 4 Other long-term investments (1) 16,936 10,703 58 32,679 23,416 40 Short-term investments 1,820 122 3,415 124 265,177 249,158 6 526,569 498,585 6 Less investment expense (3,933) (4,446) (12) (8,220) (8,979) (8) Net investment income $ 261,244 $ 244,712 7 $ 518,349 $ 489,606 6 (1) For the three months ended June 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $12.0 million and $8.6 million of distributions, respectively, in net investment income. For the six months ended June 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $23.3 million and $19.3 million of distributions, respectively, in net investment income. Refer to Other Long-Term Investments below for further discussion on the investment funds. Selected information about sales of fixed maturities available for sale is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Fixed maturities available for sale: Proceeds from sales (1) $ 130,119 $ 143,911 $ 145,824 $ 219,027 Gross realized gains 47 — 47 773 Gross realized losses (10,503) (41,168) (10,861) (44,847) (1) There were no unsettled sales in the periods ended June 30, 2023 and 2022. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (10,606) $ (22,421) $ (10,963) $ (17,872) Provision for credit losses (39,741) — (72,508) 387 Fair value option—change in fair value 5,228 947 7,086 (4,391) Other investments (724) (8,972) (385) (15,814) Realized gains (losses) from investments (45,843) (30,446) (76,770) (37,690) Applicable tax 9,627 6,394 16,122 7,915 Realized gains (losses), net of tax $ (36,216) $ (24,052) $ (60,648) $ (29,775) (1) During the three months ended June 30, 2023 and 2022, the Company recorded $17.9 million and $1.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. During the six months ended June 30, 2023 and 2022, the Company recorded $17.9 million and $1.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. Fair Value Measurements: The following tables represent the fair value of fixed maturities measured on a recurring basis at June 30, 2023 and December 31, 2022: Fair Value Measurement at June 30, 2023 Using: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 357,597 $ — $ 357,597 States, municipalities, and political subdivisions — 2,656,896 — 2,656,896 Foreign governments — 31,983 — 31,983 Corporates, by sector: Financial — 4,313,536 131,818 4,445,354 Utilities — 1,806,364 109,236 1,915,600 Energy — 1,355,556 10,548 1,366,104 Other corporate sectors — 5,926,843 209,902 6,136,745 Total corporates — 13,402,299 461,504 13,863,803 Collateralized debt obligations — — 42,305 42,305 Other asset-backed securities — 80,866 — 80,866 Total fixed maturities $ — $ 16,529,641 $ 503,809 $ 17,033,450 Percentage of total — % 97 % 3 % 100 % Fair Value Measurement at December 31, 2022 Using: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 355,498 $ — $ 355,498 States, municipalities, and political subdivisions — 2,309,911 — 2,309,911 Foreign governments — 42,464 — 42,464 Corporates, by sector: Financial — 4,332,495 133,936 4,466,431 Utilities — 1,723,832 111,315 1,835,147 Energy — 1,346,212 11,100 1,357,312 Other corporate sectors — 5,785,442 221,732 6,007,174 Total corporates — 13,187,981 478,083 13,666,064 Collateralized debt obligations — — 50,364 50,364 Other asset-backed securities — 79,064 — 79,064 Total fixed maturities $ — $ 15,974,918 $ 528,447 $ 16,503,365 Percentage of total — % 97 % 3 % 100 % The following tables represent changes in fixed maturities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2023 $ — $ 50,364 $ 478,083 $ 528,447 Included in realized gains / losses — — — — Included in other comprehensive income — (8,042) (1,963) (10,005) Acquisitions — — — — Sales — — — — Amortization — 2,288 3 2,291 Other (1) — (2,305) (14,619) (16,924) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2023 $ — $ 42,305 $ 461,504 $ 503,809 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2022 $ — $ 63,505 $ 641,688 $ 705,193 Included in realized gains / losses — — — — Included in other comprehensive income — (11,098) (89,359) (100,457) Acquisitions — — — — Sales — — — — Amortization — 2,248 3 2,251 Other (1) — (1,954) (22,357) (24,311) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2022 $ — $ 52,701 $ 529,975 $ 582,676 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. The following table presents changes in unrealized gains and losses for the period included in accumulated other comprehensive income for assets held at the end of the reporting period for Level 3s: Changes in Unrealized Gains (Losses) included in Accumulated Other Comprehensive Income for Assets Held at the End of the Period Asset- Collateralized Corporates Total At June 30, 2023 $ — $ (8,042) $ (1,963) $ (10,005) At June 30, 2022 — (11,098) (89,359) (100,457) Unrealized Loss Analysis : The following table discloses information about fixed maturities available for sale in an unrealized loss position. Less than Twelve Months Twelve Months or Longer Total Number of issues (CUSIPs) held: As of June 30, 2023 682 1,355 2,037 As of December 31, 2022 1,819 157 1,976 Globe Life's entire fixed maturity portfolio consisted of 2,418 issues by 986 different issuers at June 30, 2023 and 2,328 issues by 979 different issuers at December 31, 2022. The weighted-average quality rating of all unrealized loss positions at amortized cost was A- as of June 30, 2023 and December 31, 2022. The following tables disclose unrealized investment losses by class and major sector of fixed maturities available for sale at June 30, 2023 and December 31, 2022. Analysis of Gross Unrealized Investment Losses At June 30, 2023 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 264,407 $ (22,621) $ 91,011 $ (12,272) $ 355,418 $ (34,893) States, municipalities, and political subdivisions 687,842 (26,208) 1,272,595 (425,114) 1,960,437 (451,322) Foreign governments 6,983 (183) 25,000 (11,298) 31,983 (11,481) Corporates, by sector: Financial 1,245,647 (86,522) 1,711,745 (367,044) 2,957,392 (453,566) Utilities 439,647 (20,185) 516,783 (92,019) 956,430 (112,204) Energy 358,866 (13,942) 386,676 (69,247) 745,542 (83,189) Other corporate sectors 1,180,706 (64,024) 3,065,617 (558,042) 4,246,323 (622,066) Total corporates 3,224,866 (184,673) 5,680,821 (1,086,352) 8,905,687 (1,271,025) Collateralized debt obligations — — — — — — Other asset-backed securities 21,676 (884) 47,627 (4,968) 69,303 (5,852) Total investment grade securities 4,205,774 (234,569) 7,117,054 (1,540,004) 11,322,828 (1,774,573) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 53,329 (3,470) 106,673 (36,169) 160,002 (39,639) Utilities — — 28,035 (2,072) 28,035 (2,072) Energy — — 34,278 (10,410) 34,278 (10,410) Other corporate sectors 35,356 (189) 75,943 (14,021) 111,299 (14,210) Total corporates 88,685 (3,659) 244,929 (62,672) 333,614 (66,331) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,499 (631) 11,499 (631) Total below investment grade securities 88,685 (3,659) 256,428 (63,303) 345,113 (66,962) Total fixed maturities $ 4,294,459 $ (238,228) $ 7,373,482 $ (1,603,307) $ 11,667,941 $ (1,841,535) Gross unrealized losses may fluctuate quarter over quarter due to adverse factors in the market that affect our holdings, such as changes in interest rates or credit spreads. The Company considers many factors when determining whether an allowance for a credit loss should be recorded. While the Company holds securities that may be in an unrealized loss position from time to time, Globe Life does not generally intend to sell and it is unlikely that management will be required to sell the fixed maturities prior to their anticipated recovery or maturity due to the strong cash flows generated by its insurance operations. Analysis of Gross Unrealized Investment Losses At December 31, 2022 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 349,887 $ (38,218) $ 3,424 $ (750) $ 353,311 $ (38,968) States, municipalities, and political subdivisions 1,767,624 (453,149) 95,124 (52,298) 1,862,748 (505,447) Foreign governments 6,297 (201) 25,134 (12,505) 31,431 (12,706) Corporates, by sector: Financial 2,837,918 (426,132) 109,784 (42,173) 2,947,702 (468,305) Utilities 1,088,219 (116,272) 21,636 (6,268) 1,109,855 (122,540) Energy 855,853 (91,755) — — 855,853 (91,755) Other corporate sectors 4,155,986 (665,831) 94,299 (42,344) 4,250,285 (708,175) Total corporates 8,937,976 (1,299,990) 225,719 (90,785) 9,163,695 (1,390,775) Collateralized debt obligations — — — — — — Other asset-backed securities 60,157 (5,223) 7,960 (2,435) 68,117 (7,658) Total investment grade securities 11,121,941 (1,796,781) 357,361 (158,773) 11,479,302 (1,955,554) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 120,377 (18,901) 38,348 (17,283) 158,725 (36,184) Utilities 27,722 (3,173) — — 27,722 (3,173) Energy 14,480 (2,182) 20,075 (7,986) 34,555 (10,168) Other corporate sectors 166,159 (25,962) 6,670 (4,635) 172,829 (30,597) Total corporates 328,738 (50,218) 65,093 (29,904) 393,831 (80,122) Collateralized debt obligations — — — — — — Other asset-backed securities — — 10,874 (1,618) 10,874 (1,618) Total below investment grade securities 328,738 (50,218) 75,967 (31,522) 404,705 (81,740) Total fixed maturities $ 11,450,679 $ (1,846,999) $ 433,328 $ (190,295) $ 11,884,007 $ (2,037,294) Fixed Maturities, Allowance for Credit Losses : A summary of the activity in the allowance for credit losses is as follows. Three Months Ended Six Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 32,767 $ — $ — $ 387 Additions to allowance for which credit losses were not previously recorded 38,228 — 72,508 — Additions (reductions) to allowance for fixed maturities that previously had an allowance 1,513 — — — Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period — — — (387) Allowance for credit losses ending balance $ 72,508 $ — $ 72,508 $ — As of June 30, 2023 and December 31, 2022, the Company had two fixed maturities in non-accrual status. During the six months ended June 30, 2023, it was announced Signature Bank New York and First Republic Bank had entered receivership. As a result, we reviewed available information to evaluate whether an allowance for expected credit losses should be established related to our holdings of Signature Bank New York and First Republic Bank, and determined an allowance was necessary. Other Long-Term Investments : Other long-term investments consist of the following assets: June 30, December 31, 2022 Investment funds $ 759,157 $ 768,689 Commercial mortgage loan participations 221,466 181,305 Other 29,513 26,022 Total $ 1,010,136 $ 976,016 The following table presents additional information about the Company's investment funds as of June 30, 2023 and December 31, 2022 at fair value: Fair Value Unfunded Commitments Investment Category June 30, December 31, 2022 June 30, Redemption Term/Notice Commercial mortgage loans $ 404,782 $ 431,405 $ 583,694 Fully redeemable and non-redeemable with varying terms. Opportunistic credit 161,054 158,524 — Initial 2 year lock on each new investment/semi-annual withdrawals thereafter/full redemption within 36 month period. Infrastructure 161,071 159,534 21,648 Fully redeemable and non-redeemable with varying terms. Other 32,250 19,226 120,048 Total investment funds $ 759,157 $ 768,689 $ 725,390 The Company had $33 million of capital called during the year from existing investment funds. Our unfunded commitments were $725 million as of June 30, 2023. Commercial Mortgage Loan Participations (commercial mortgage loans): Summaries of commercial mortgage loans by property type and geographical location at June 30, 2023 and December 31, 2022 are as follows: June 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Property type: Mixed use $ 42,406 19 $ 62,375 34 Hospitality 25,074 11 27,796 15 Retail 23,818 11 15,342 9 Industrial 27,266 12 27,248 15 Multi-family 94,693 43 42,232 23 Office 11,137 5 8,101 5 Total recorded investment 224,394 101 183,094 101 Less allowance for credit losses (2,928) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 221,466 100 $ 181,305 100 June 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Geographic location: California $ 67,189 30 $ 64,477 36 Texas 43,051 19 22,905 13 New York 25,116 11 19,167 11 Washington 14,954 7 14,925 8 Massachusetts 14,941 7 — — Florida 33,324 15 33,182 18 Other 25,819 12 28,438 15 Total recorded investment 224,394 101 183,094 101 Less allowance for credit losses (2,928) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 221,466 100 $ 181,305 100 The following tables are reflective of the key factors, debt service coverage ratios, and loan-to-value (LTV) ratios that are utilized by management to monitor the performance of the portfolios. The Company only makes new investments in commercial mortgage loans that have a LTV ratio less than 80%. Generally, a higher LTV ratio and a lower debt service coverage ratio can potentially equate to higher risk of loss. June 30, 2023 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 9,296 $ 173,246 $ 20,444 $ 202,986 90 70% to 80% — 4,846 1,153 5,999 3 81% to 90% 8,374 — — 8,374 4 Greater than 90% 7,035 — — 7,035 3 Total $ 24,705 $ 178,092 $ 21,597 224,394 100 Less allowance for credit losses (2,928) Total, net of allowance for credit losses $ 221,466 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming. December 31, 2022 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 24,221 $ 108,156 $ 12,018 $ 144,395 79 70% to 80% — 22,120 1,238 23,358 13 81% to 90% 8,307 — — 8,307 4 Greater than 90% 7,034 — — 7,034 4 Total $ 39,562 $ 130,276 $ 13,256 183,094 100 Less allowance for credit losses (1,789) Total, net of allowance for credit losses $ 181,305 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming. As of June 30, 2023, the Company evaluated the commercial mortgage loan portfolio on a pool basis to determine the allowance for credit losses. At the end of the period, the Company had 25 loans in the portfolio. For the six months ended June 30, 2023, the allowance for credit losses increased $1.1 million. Additionally, there was one foreclosure that resulted in a $2.9 million after tax realized loss during the period. The provision for credit losses is included in "Realized gains (losses)" in the Condensed Consolidated Statements of Operations . Three Months Ended Six Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 3,069 $ 827 $ 1,789 $ 827 Provision (reversal) for credit losses (141) 282 1,139 282 Allowance for credit losses ending balance $ 2,928 $ 1,109 $ 2,928 $ 1,109

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 5—Commitments and Contingencies Guarantees : The Parent Company has guaranteed letters of credit in connection with its credit facility with a group of banks. The letters of credit were issued by TMK Re, Ltd., a wholly-owned subsidiary, to secure TMK Re, Ltd.’s obligation for claims on certain policies reinsured by TMK Re, Ltd. that were sold by other Globe Life insurance subsidiaries. These letters of credit facilitate TMK Re, Ltd.’s ability to reinsure the business of Globe Life's insurance carriers. The agreement was amended on September 30, 2021 and now expires in 2026. The maximum amount of letters of credit available is $250 million. The Parent Company would be liable to the extent that TMK Re, Ltd. does not pay the reinsured party. The amount outstanding at June 30, 2023 was $115 million. Litigation : Globe Life Inc. and its subsidiaries, in common with the insurance industry in general, are subject to litigation, including putative class action litigation, alleged breaches of contract, torts, including bad faith and fraud claims based on alleged wrongful or fraudulent acts of agents of the Parent Company's insurance subsidiaries, employment discrimination, and miscellaneous other causes of action. Based upon information presently available, and in light of legal and other factual defenses available to the Parent Company and its subsidiaries, management does not believe that it is reasonably possible that such litigation will have a material adverse effect on Globe Life's financial condition, future operating results or liquidity; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. This bespeaks caution, particularly in states with reputations for high punitive damage verdicts. Globe Life's management recognizes that large punitive damage awards bearing little or no relation to actual damages continue to be awarded by juries in jurisdictions in which the Company has substantial business, creating the potential for unpredictable material adverse judgments in any given punitive damage suit.

Policy Liabilities

Policy Liabilities	6 Months Ended
Policy Liabilities	Jun. 30, 2023
Policyholder Account Balance [Abstract]
Policy Liabilities	Note 6—Policy Liabilities The liability for future policy benefits is determined based on the net level premium method, which requires the liability be calculated as the present value of estimated future policyholder benefits and the related termination expenses, less the present value of estimated future net premiums to be collected from policyholders. The following tables summarize balances and changes in the net liability for future policy benefits, before reinsurance, for traditional life long-duration contracts for the three and six month periods ended June 30, 2023 and 2022: Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 4,925,192 $ 7,264,905 $ 1,332,469 $ 559,972 $ 14,082,538 Beginning balance at original discount rates 3,906,098 5,533,741 1,040,242 416,141 10,896,222 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,340) (91,461) (9,125) (3,497) (121,423) Adjusted balance at January 1, 2022 3,888,758 5,442,280 1,031,117 412,644 10,774,799 Issuances (1) 420,277 338,996 48,806 15,597 823,676 Interest accrual (2) 86,841 135,858 25,585 10,304 258,588 Net premiums collected (3) (242,510) (300,778) (63,353) (21,627) (628,268) Effect of changes in the foreign exchange rate (7,272) — — — (7,272) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at January 1, 2023 $ 4,273,156 $ 5,910,224 $ 1,094,407 $ 470,741 $ 11,748,528 Beginning balance at original discount rates 4,246,723 5,680,864 1,066,123 449,209 11,442,919 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (69,352) (128,602) (15,593) (6,650) (220,197) Adjusted balance at January 1, 2023 4,177,371 5,552,262 1,050,530 442,559 11,222,722 Issuances (1) 376,021 313,748 60,848 14,611 765,228 Interest accrual (2) 96,850 142,473 26,655 11,331 277,309 Net premiums collected (3) (256,959) (308,129) (66,472) (23,026) (654,586) Effect of changes in the foreign exchange rate 5,770 — — — 5,770 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 4,646,747 $ 6,710,655 $ 1,224,988 $ 511,832 $ 13,094,222 Beginning balance at original discount rates 4,043,480 5,595,772 1,043,765 419,434 11,102,451 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (13,025) (61,865) (8,500) (5,149) (88,539) Adjusted balance at April 1, 2022 4,030,455 5,533,907 1,035,265 414,285 11,013,912 Issuances (1) 204,351 165,221 25,841 8,297 403,710 Interest accrual (2) 43,767 68,250 12,775 5,132 129,924 Net premiums collected (3) (122,307) (151,022) (31,726) (10,796) (315,851) Effect of changes in the foreign exchange rate (10,172) — — — (10,172) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at April 1, 2023 $ 4,467,637 $ 6,110,550 $ 1,128,083 $ 483,056 $ 12,189,326 Beginning balance at original discount rates 4,325,957 5,718,900 1,070,775 448,677 11,564,309 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (39,371) (80,616) (10,004) (4,764) (134,755) Adjusted balance at April 1, 2023 4,286,586 5,638,284 1,060,771 443,913 11,429,554 Issuances (1) 183,466 144,796 30,706 7,370 366,338 Interest accrual (2) 48,952 71,484 13,368 5,661 139,465 Net premiums collected (3) (129,720) (154,210) (33,284) (11,469) (328,683) Effect of changes in the foreign exchange rate 9,769 — — — 9,769 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 11,773,519 $ 11,859,408 $ 4,542,697 $ 5,488,684 $ 33,664,308 Beginning balance at original discount rates 7,744,201 8,157,259 3,206,164 3,267,306 22,374,930 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,082) (87,036) (9,466) (4,473) (118,057) Adjusted balance at January 1, 2022 7,727,119 8,070,223 3,196,698 3,262,833 22,256,873 Issuances (1) 420,277 338,995 48,806 15,597 823,675 Interest accrual (2) 202,147 214,751 84,422 96,844 598,164 Benefit payments (3) (198,179) (329,201) (114,615) (63,170) (705,165) Effect of changes in the foreign exchange rate (16,658) — — — (16,658) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at January 1, 2023 $ 9,119,104 $ 9,225,451 $ 3,429,256 $ 3,976,150 $ 25,749,961 Beginning balance at original discount rates 8,409,761 8,477,892 3,272,980 3,403,704 23,564,337 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (72,388) (130,006) (13,119) (8,367) (223,880) Adjusted balance at January 1, 2023 8,337,373 8,347,886 3,259,861 3,395,337 23,340,457 Issuances (1) 376,021 313,749 60,848 14,611 765,229 Interest accrual (2) 220,666 226,661 86,722 101,129 635,178 Benefit payments (3) (194,971) (295,399) (109,650) (62,586) (662,606) Effect of changes in the foreign exchange rate 14,437 — — — 14,437 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 10,652,256 $ 10,750,349 $ 4,066,234 $ 4,848,375 $ 30,317,214 Beginning balance at original discount rates 7,959,694 8,238,501 3,208,055 3,290,269 22,696,519 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (14,123) (61,186) (9,619) (6,153) (91,081) Adjusted balance at April 1, 2022 7,945,571 8,177,315 3,198,436 3,284,116 22,605,438 Issuances (1) 204,351 165,220 25,841 8,297 403,709 Interest accrual (2) 101,811 107,823 42,192 48,564 300,390 Benefit payments (3) (93,858) (155,590) (51,158) (28,873) (329,479) Effect of changes in the foreign exchange rate (23,169) — — — (23,169) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at April 1, 2023 $ 9,637,463 $ 9,624,680 $ 3,559,012 $ 4,166,527 $ 26,987,682 Beginning balance at original discount rates 8,573,734 8,563,604 3,284,594 3,427,535 23,849,467 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (40,862) (81,059) (6,065) (5,471) (133,457) Adjusted balance at April 1, 2023 8,532,872 8,482,545 3,278,529 3,422,064 23,716,010 Issuances (1) 183,466 144,797 30,706 7,370 366,339 Interest accrual (2) 111,337 113,893 43,466 50,751 319,447 Benefit payments (3) (98,297) (148,338) (54,920) (31,694) (333,249) Effect of changes in the foreign exchange rate 24,148 — — — 24,148 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Net liability for future policy benefits as of June 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 3,988,612 $ 2,678,412 $ 2,173,156 $ 2,895,186 $ 11,735,366 Effect of changes in discount rate assumptions 1,144,163 820,851 326,414 863,680 3,155,108 Net liability for future policy benefits at current discount rates 5,132,775 3,499,263 2,499,570 3,758,866 14,890,474 Other Adjustments (1) 21 2,239 (10,874) (37,397) (46,011) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,132,796 $ 3,501,502 $ 2,488,696 $ 3,721,469 $ 14,844,463 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Life Net liability for future policy benefits as of June 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,354,473 $ 2,892,543 $ 2,226,220 $ 3,003,016 $ 12,476,252 Effect of changes in discount rate assumptions 840,887 606,113 171,608 635,411 2,254,019 Net liability for future policy benefits at current discount rates 5,195,360 3,498,656 2,397,828 3,638,427 14,730,271 Other Adjustments (1) (70) 4,750 58 (36,437) (31,699) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,195,290 $ 3,503,406 $ 2,397,886 $ 3,601,990 $ 14,698,572 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for the three and six month periods ended June 30, 2023 and 2022: Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,611,659 $ 1,944,714 $ 517,368 $ 222,553 $ 121,724 $ 6,418,018 Beginning balance at original discount rates 2,949,851 1,688,590 414,409 178,801 96,776 5,328,427 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (35,736) (35,913) (24,189) (5,260) (1,543) (102,641) Adjusted balance at January 1, 2022 2,914,115 1,652,677 390,220 173,541 95,233 5,225,786 Issuances (1) 175,070 109,933 22,613 20,424 2,323 330,363 Interest accrual (2) 61,205 30,014 9,593 3,680 2,353 106,845 Net premiums collected (3) (127,736) (85,830) (25,685) (10,540) (5,157) (254,948) Effect of changes in the foreign exchange rate — — — (807) — (807) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at January 1, 2023 $ 2,908,501 $ 1,594,992 $ 423,490 $ 190,296 $ 90,143 $ 5,207,422 Beginning balance at original discount rates 2,941,261 1,729,219 415,442 192,631 87,751 5,366,304 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (28,923) (34,394) (27,833) (5,249) (1,895) (98,294) Adjusted balance at January 1, 2023 2,912,338 1,694,825 387,609 187,382 85,856 5,268,010 Issuances (1) 143,716 132,346 28,191 20,787 4,215 329,255 Interest accrual (2) 63,854 32,819 9,666 4,134 2,118 112,591 Net premiums collected (3) (134,248) (88,784) (25,286) (10,981) (5,349) (264,648) Effect of changes in the foreign exchange rate — — — 387 — 387 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,337,152 $ 1,790,237 $ 463,452 $ 208,064 $ 109,734 $ 5,908,639 Beginning balance at original discount rates 2,957,769 1,699,135 401,751 183,679 94,408 5,336,742 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 13,826 (20,751) (8,728) (2,795) 336 (18,112) Adjusted balance at April 1, 2022 2,971,595 1,678,384 393,023 180,884 94,744 5,318,630 Issuances (1) 85,036 56,415 11,798 9,972 1,443 164,664 Interest accrual (2) 30,866 15,074 4,721 1,849 1,171 53,681 Net premiums collected (3) (64,843) (43,079) (12,801) (5,288) (2,606) (128,617) Effect of changes in the foreign exchange rate — — — (1,119) — (1,119) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at April 1, 2023 $ 2,997,723 $ 1,664,414 $ 421,447 $ 200,666 $ 90,243 $ 5,374,493 Beginning balance at original discount rates 2,948,641 1,750,468 404,647 197,446 85,966 5,387,168 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 5,210 (15,636) (11,249) (3,629) 679 (24,625) Adjusted balance at April 1, 2023 2,953,851 1,734,832 393,398 193,817 86,645 5,362,543 Issuances (1) 67,875 64,559 14,888 10,575 1,823 159,720 Interest accrual (2) 32,267 16,620 4,776 2,098 1,061 56,822 Net premiums collected (3) (68,333) (44,805) (12,882) (5,556) (2,689) (134,265) Effect of changes in the foreign exchange rate — — — 775 — 775 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,810,559 $ 3,840,322 $ 1,201,317 $ 380,915 $ 119,888 $ 9,353,001 Beginning balance at original discount rates 3,090,901 3,193,342 921,608 285,604 95,628 7,587,083 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (38,057) (37,106) (23,919) (5,684) (1,615) (106,381) Adjusted balance at January 1, 2022 3,052,844 3,156,236 897,689 279,920 94,013 7,480,702 Issuances (1) 174,828 109,933 22,792 20,424 2,310 330,287 Interest accrual (2) 65,107 59,584 24,035 6,886 2,352 157,964 Benefit payments (3) (132,751) (58,509) (48,379) (10,192) (6,532) (256,363) Effect of changes in the foreign exchange rate — — — (1,467) — (1,467) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at January 1, 2023 $ 3,046,829 $ 3,005,664 $ 941,574 $ 312,750 $ 87,532 $ 7,394,349 Beginning balance at original discount rates 3,080,633 3,336,344 904,865 303,713 85,212 7,710,767 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (27,940) (36,292) (27,018) (6,018) (1,830) (99,098) Adjusted balance at January 1, 2023 3,052,693 3,300,052 877,847 297,695 83,382 7,611,669 Issuances (1) 143,404 132,346 27,901 20,787 4,208 328,646 Interest accrual (2) 67,592 65,320 23,526 7,389 2,118 165,945 Benefit payments (3) (146,921) (61,551) (48,395) (11,660) (6,520) (275,047) Effect of changes in the foreign exchange rate — — — 876 — 876 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,508,485 $ 3,476,639 $ 1,082,425 $ 351,631 $ 107,034 $ 8,526,214 Beginning balance at original discount rates 3,095,417 3,232,281 905,739 292,356 92,272 7,618,065 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 12,396 (21,437) (8,130) (3,040) 410 (19,801) Adjusted balance at April 1, 2022 3,107,813 3,210,844 897,609 289,316 92,682 7,598,264 Issuances (1) 84,924 56,415 11,926 9,972 1,434 164,671 Interest accrual (2) 32,799 30,001 11,916 3,454 1,170 79,340 Benefit payments (3) (65,508) (30,016) (25,314) (5,148) (3,143) (129,129) Effect of changes in the foreign exchange rate — — — (2,023) — (2,023) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at April 1, 2023 $ 3,132,462 $ 3,174,672 $ 949,996 $ 326,533 $ 87,090 $ 7,670,753 Beginning balance at original discount rates 3,079,790 3,387,380 890,019 308,170 83,001 7,748,360 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 3,503 (16,513) (11,023) (4,439) 472 (28,000) Adjusted balance at April 1, 2023 3,083,293 3,370,867 878,996 303,731 83,473 7,720,360 Issuances (1) 67,721 64,559 14,616 10,575 1,820 159,291 Interest accrual (2) 34,112 33,031 11,686 3,721 1,061 83,611 Benefit payments (3) (68,358) (32,290) (24,419) (4,523) (3,166) (132,756) Effect of changes in the foreign exchange rate — — — 1,583 — 1,583 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Net liability for future policy benefits as of June 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 137,374 $ 1,560,450 $ 499,396 $ 109,273 $ (2,609) $ 2,303,884 Effect of changes in discount rate assumptions 9,616 (81,080) 60,541 19,159 (340) 7,896 Net liability for future policy benefits at current discount rates 146,990 1,479,370 559,937 128,432 (2,949) 2,311,780 Other Adjustments (1) (1,405) (6,461) 1,998 48 4,007 (1,813) Net liability for future policy benefits, after other adjustments, at current discount rates $ 145,585 $ 1,472,909 $ 561,935 $ 128,480 $ 1,058 $ 2,309,967 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Health Net liability for future policy benefits as of June 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 131,108 1,664,961 480,699 113,378 (3,652) 2,386,494 Effect of changes in discount rate assumptions 727 (158,520) 32,898 13,357 (166) (111,704) Net liability for future policy benefits at current discount rates 131,835 1,506,441 513,597 126,735 (3,818) 2,274,790 Other Adjustments (1) 1,104 (9,797) 4,671 605 4,645 1,228 Net liability for future policy benefits, after other adjustments, at current discount rates $ 132,939 $ 1,496,644 $ 518,268 $ 127,340 $ 827 $ 2,276,018 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. During the six months ended June 30, 2023 and 2022, the Company's results for actual variances from expected experience produced a net reserve remeasurement gain of $5.6 million and an immaterial net remeasurement loss in the Condensed Consolidated Statements of Operations , respectively. During the three months ended June 30, 2023 and 2022, the Company's results for actual variances from expected experience produced a net reserve remeasurement gain of $5.0 million and $3.8 million in the Condensed Consolidated Statements of Operations , respectively. The variance of actual experience from expected experience during the first six months of 2023 was primarily due to favorable variances from our assumptions of life experience as compared to actual experience in our life insurance segment (a $5.1 million gain), and favorable variances from our assumptions of health experience as compared to actual experience in our health insurance segment (a $0.5 million gain). The variance of actual experience from expected experience during the six months ended 2022 was primarily due to unfavorable variances from our assumptions of life experience as compared to actual experience in our life insurance segment (a $4.1 million loss), and favorable variances from our assumptions of health experience as compared to actual experience in our health insurance segment (a $4.0 million gain). The health segment's utilization has returned to normal levels in 2023, specifically in the United American and Liberty National channels. There were no changes to the inputs, judgments, assumptions, and methods used in measuring the liability for future policy benefits during the six months ended June 30, 2023 and 2022. The following table reconciles the liability for future policy benefits to the Consolidated Balance Sheets as of June 30, 2023: At Original Discount Rates At Current Discount Rates As of June 30, As of June 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,354,403 $ 3,988,588 $ 5,195,290 $ 5,132,796 Direct to Consumer 2,892,543 2,678,413 3,503,406 3,501,502 Liberty National 2,218,639 2,161,743 2,397,886 2,488,696 Other 2,976,680 2,870,179 3,601,990 3,721,469 Net liability for future policy benefits—long duration life 12,442,265 11,698,923 14,698,572 14,844,463 Health (1) : United American 130,624 135,532 132,939 145,585 Family Heritage 1,654,616 1,551,200 1,496,644 1,472,909 Liberty National 484,458 500,950 518,268 561,935 American Income 113,981 109,318 127,340 128,480 Direct to Consumer 798 993 827 1,058 Net liability for future policy benefits—long duration health 2,384,477 2,297,993 2,276,018 2,309,967 Deferred profit liability 172,531 184,680 172,531 184,680 Deferred annuity 853,064 1,015,804 853,064 1,015,804 Interest sensitive life 736,920 742,293 736,920 742,293 Other 9,406 8,121 9,409 8,127 Total future policy benefits $ 16,598,663 $ 15,947,814 $ 18,746,514 $ 19,105,334 (1) Balances are presented net of the reinsurance recoverable and the effects of flooring the liability. The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: Life Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.8 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.0 % 5.1 % 5.1 % 5.1 % 4.8 % 4.8 % 4.7 % 4.7 % Health Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.1 % 4.3 % 5.8 % 5.9 % 5.1 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 4.9 % 5.1 % 5.1 % 4.9 % 4.9 % 4.6 % 4.8 % 4.6 % 4.6 % 4.6 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: As of June 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 22.91 23.45 22.88 23.50 Direct to Consumer 20.12 21.81 20.78 22.51 Liberty National 14.97 15.69 15.11 16.09 Other 16.44 18.19 16.70 18.76 Health United American 11.37 10.79 11.74 11.23 Family Heritage 14.87 14.41 15.36 15.00 Liberty National 9.34 9.68 9.02 9.52 American Income 12.12 12.73 12.51 13.25 Direct to Consumer 11.37 10.79 11.74 11.23 The following tables summarize the amount of gross premiums and interest, net of reinsurance, related to long duration life and health contracts that are recognized in the Condensed Consolidated Statements of Operations : Life Six Months Ended Six Months Ended Gross Interest Gross Interest American Income $ 781,453 $ 123,816 $ 745,128 $ 115,305 Direct to Consumer 490,443 84,062 486,929 78,834 Liberty National 169,570 59,670 159,453 58,592 Other 103,343 88,926 104,550 85,713 Total $ 1,544,809 $ 356,474 $ 1,496,060 $ 338,444 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 394,308 $ 62,385 $ 375,391 $ 58,043 Direct to Consumer 245,736 42,348 244,267 39,542 Liberty National 85,498 29,901 80,105 29,307 Other 51,507 44,652 52,163 43,016 Total $ 777,049 $ 179,286 $ 751,926 $ 169,908 Health Six Months Ended Six Months Ended Gross Interest Gross Interest United American $ 198,679 $ 3,604 $ 187,881 $ 3,791 Family Heritage 194,219 32,272 180,298 29,371 Liberty National 93,434 13,801 94,097 14,398 American Income 56,335 3,256 55,941 3,206 Direct to Consumer 7,097 — 7,130 — Total $ 549,764 $ 52,933 $ 525,347 $ 50,766 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 100,847 $ 1,782 $ 95,615 $ 1,878 Family Heritage 98,129 16,295 90,758 14,826 Liberty National 46,690 6,881 46,601 7,172 American Income 28,239 1,624 28,004 1,605 Direct to Consumer 3,555 — 3,594 — Total $ 277,460 $ 26,582 $ 264,572 $ 25,481 Gross premiums are included within life and health premium on the Condensed Consolidated Statements of Operations The following tables provide the undiscounted and discounted expected future net premiums, expected future gross premiums, and expected future policy benefits, at both original and current discount rates, for life and health contracts: Life As of June 30, 2023 As of June 30, 2022 Not discounted At original discount rates At current discount rates Not discounted At original discount rates At current discount rates American Income PV of expected future gross premiums $ 23,507,444 $ 13,292,363 $ 13,604,682 $ 22,241,655 $ 12,593,870 $ 13,403,810 PV of expected future net premiums 7,764,339 4,399,053 4,472,847 7,299,282 4,146,094 4,379,496 PV of expected future policy benefits 29,442,642 8,753,526 9,668,207 27,485,575 8,134,706 9,512,271 DTC PV of expected future gross premiums $ 17,486,509 $ 9,157,664 $ 9,599,872 $ 17,479,973 $ 9,139,637 $ 10,021,214 PV of expected future net premiums 10,811,358 5,700,354 5,988,577 10,669,169 5,616,356 6,164,946 PV of expected future policy benefits 25,685,249 8,592,897 9,487,233 25,039,202 8,294,768 9,664,209 Liberty National PV of expected future gross premiums $ 4,511,931 $ 2,630,182 $ 2,657,925 $ 4,305,035 $ 2,511,938 $ 2,653,354 PV of e

Deferred Acquisition Costs

Deferred Acquisition Costs	6 Months Ended
Deferred Acquisition Costs	Jun. 30, 2023
Insurance [Abstract]
Deferred Acquisition Costs	Note 7—Deferred Acquisition Costs The following tables roll forward the deferred policy acquisition costs for the three and six month periods ended June 30, 2023 and 2022: Life American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 1,960,254 $ 1,583,695 $ 566,419 $ 301,647 $ 4,412,015 Capitalizations 230,021 93,657 42,814 7,018 373,510 Amortization expense (68,264) (46,618) (22,335) (8,393) (145,610) Foreign exchange adjustment (5,240) — — — (5,240) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 234,172 87,389 50,649 6,767 378,977 Amortization expense (77,742) (49,605) (25,163) (8,252) (160,762) Foreign exchange adjustment 2,759 — — — 2,759 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Life American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 2,042,907 $ 1,608,739 $ 575,838 $ 300,936 $ 4,528,420 Capitalizations 115,593 45,441 22,349 3,531 186,914 Amortization expense (34,751) (23,446) (11,289) (4,195) (73,681) Foreign exchange adjustment (6,978) — — — (6,978) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at April 1, 2023 $ 2,332,600 $ 1,699,588 $ 622,532 $ 297,542 $ 4,952,262 Capitalizations 118,777 39,979 26,428 3,446 188,630 Amortization expense (39,443) (24,852) (12,751) (4,127) (81,173) Foreign exchange adjustment 5,546 — — — 5,546 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Health United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 81,140 $ 388,967 $ 127,537 $ 49,406 $ 2,032 $ 649,082 Capitalizations 1,068 25,430 8,736 6,345 2 41,581 Amortization expense (3,034) (12,675) (6,681) (1,687) (89) (24,166) Foreign exchange adjustment — — — (288) — (288) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 996 30,591 9,734 6,320 — 47,641 Amortization expense (3,041) (13,200) (6,554) (1,903) (94) (24,792) Foreign exchange adjustment — — — 57 — 57 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Health United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 80,204 $ 394,925 $ 128,338 $ 51,820 $ 1,988 $ 657,275 Capitalizations 488 13,067 4,615 3,190 2 21,362 Amortization expense (1,518) (6,270) (3,361) (858) (45) (12,052) Foreign exchange adjustment — — — (376) — (376) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at April 1, 2023 $ 76,388 $ 425,145 $ 134,728 $ 59,890 $ 1,807 $ 697,958 Capitalizations 489 15,494 4,852 3,177 — 24,012 Amortization expense (1,528) (6,640) (3,304) (965) (47) (12,484) Foreign exchange adjustment — — — 183 — 183 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of June 30, 2023: June 30, 2023 2022 Life American Income $ 2,417,480 $ 2,116,771 Direct to Consumer 1,714,715 1,630,734 Liberty National 636,209 586,898 Other 296,861 300,272 Total DAC - Life 5,065,265 4,634,675 Health United American 75,349 79,174 Family Heritage 433,999 401,722 Liberty National 136,276 129,592 American Income 62,285 53,776 Direct to Consumer 1,760 1,945 Total DAC - Health 709,669 666,209 Annuity 3,798 5,536 Tota l $ 5,778,732 $ 5,306,420

Liability for Unpaid Claims

Liability for Unpaid Claims	6 Months Ended
Liability for Unpaid Claims	Jun. 30, 2023
Insurance [Abstract]
Liability for Unpaid Claims	Note 8—Liability for Unpaid Claims Activity in the liability for unpaid health claims is summarized as follows: June 30, December 31, Balance at beginning of period $ 182,202 $ 171,109 Incurred related to: Current year 346,586 676,190 Prior year (3,905) (15,631) Total incurred 342,681 660,559 Paid related to: Current year 216,609 517,856 Prior year 123,512 131,610 Total paid 340,121 649,466 Balance at end of period $ 184,762 $ 182,202 Below is the reconciliation of the liability of " Policy claims and other benefits payable" in the Consolidated Balance Sheets . June 30, December 31, Policy claims and other benefits payable: Life insurance $ 326,167 $ 325,017 Health insurance 184,762 182,202 Total $ 510,929 $ 507,219

Postretirement Benefits

Postretirement Benefits	6 Months Ended
Postretirement Benefits	Jun. 30, 2023
Retirement Benefits [Abstract]
Postretirement Benefits	Note 9—Postretirement Benefits Globe Life has qualified noncontributory defined benefit pension plans (Pension Plans) and contributory savings plans that cover substantially all employees. There is also a nonqualified noncontributory supplemental executive retirement plan (SERP) that covers a limited number of officers. The tables included herein will focus on the Pension Plans and SERP. Pension Assets: The following table presents the assets of the Company's Pension Plans at June 30, 2023 and December 31, 2022. Pension Assets by Component at June 30, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Corporate bonds: Financial $ — $ 14,975 $ — $ 14,975 3 Utilities — 2,964 — 2,964 1 Energy — 2,314 — 2,314 — Other corporates — 12,196 — 12,196 2 Total corporate bonds — 32,449 — 32,449 6 Exchange traded fund (1) 300,647 — — 300,647 56 U.S. Government and Agency — 128,725 — 128,725 24 Other bonds — 6 — 6 — Guaranteed annuity contract (2) — 43,112 — 43,112 8 Short-term investments 14,695 — — 14,695 3 Other 5,021 — — 5,021 1 $ 320,363 $ 204,292 $ — 524,655 98 Other long-term investments (3) 12,952 2 Total pension assets $ 537,607 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Included in other long-term investments is an investment fund that reports the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value per share or its equivalent (NAV), as a practical expedient for fair value. The Globe Life Inc. Pension Plan owns less than 1% of the investment fund. As of June 30, 2023, the expected term of the investment fund is approximately 2 years and the commitment of the investment is fully funded. The investment is non-redeemable. Pension Assets by Component at December 31, 2022 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Corporate bonds: Financial $ — $ 35,649 $ — $ 35,649 7 Utilities — 23,436 — 23,436 5 Energy — 12,776 — 12,776 3 Other corporates — 56,786 — 56,786 11 Total corporate bonds — 128,647 — 128,647 26 Exchange traded fund (1) 258,297 — — 258,297 52 U.S. Government and Agency — 44,213 — 44,213 9 Other bonds — 200 — 200 — Guaranteed annuity contract (2) — 43,116 — 43,116 8 Short-term investments 4,467 — — 4,467 1 Other 6,547 — — 6,547 1 $ 269,311 $ 216,176 $ — 485,487 97 Other long-term investments (3) 14,288 3 Total pension assets $ 499,775 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Included in other long-term investments is an investment fund that reports the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value per share or its equivalent (NAV), as a practical expedient for fair value. The Globe Life Inc. Pension Plan owns approximately 1% of the investment fund. As of December 31, 2022, the expected term of the investment fund was approximately 3 years and the commitment of the investment is fully funded. The investment is non-redeemable. SERP : The following table includes information regarding the SERP. Six Months Ended 2023 2022 Premiums paid for insurance coverage $ 443 $ 443 June 30, December 31, Total investments: Company owned life insurance $ 54,458 $ 54,681 Exchange traded funds 79,467 71,258 $ 133,925 $ 125,939 Pension Plans and SERP Liabilities : The following table presents liabilities for the defined benefit pension plans and SERP at June 30, 2023 and December 31, 2022. June 30, December 31, Pension Plans $ 534,621 $ 492,103 SERP 70,883 70,464 Pension benefit obligation $ 605,504 $ 562,567 Net Periodic Benefit Cost: The following table presents the net periodic benefit costs for the Pension Plans and SERP by expense components for the three and six month periods ended June 30, 2023 and 2022. Components of Net Periodic Benefit Cost Three Months Ended Six Months Ended 2023 2022 2023 2022 Service cost $ 5,390 $ 8,656 $ 10,782 $ 17,311 Interest cost 7,834 6,121 15,668 12,244 Expected return on assets (9,656) (8,885) (19,312) (17,770) Amortization: Prior service cost 269 158 538 316 Actuarial (gain) loss (52) 3,208 (104) 6,417 Net periodic benefit cost $ 3,785 $ 9,258 $ 7,572 $ 18,518

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 10—Earnings Per Share Earnings per Share : A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Basic weighted average shares outstanding 95,330,416 98,222,993 95,856,391 98,745,402 Weighted average dilutive options outstanding 921,019 717,686 1,228,920 841,940 Diluted weighted average shares outstanding 96,251,435 98,940,679 97,085,311 99,587,342 Antidilutive shares 492,970 3,882,884 351,343 2,232,662

Debt

Debt	6 Months Ended
Debt	Jun. 30, 2023
Debt Disclosure [Abstract]
Debt	Note 11—Debt On May 11, 2023, Globe Life issued a $170 million term loan with an 18-month term and a variable interest rate. The proceeds from the term loan were used to retire the $166 million 7.875% Senior Notes, which matured on May 15, 2023, as well as for other corporate purposes. The following table presents information about the terms and outstanding balances of Globe Life's debt. Selected Information about Debt Issues As of June 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 5/27/1993 5/15/2023 7.875% $ — $ — $ — $ — $ 165,500 Senior notes 9/27/2018 9/15/2028 4.550% 550,000 (4,058) 545,942 531,146 545,601 Senior notes 8/21/2020 8/15/2030 2.150% 400,000 (3,555) 396,445 315,536 396,219 Senior notes (1) 5/19/2022 6/15/2032 4.800% 250,000 (4,317) 245,683 239,521 245,493 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,582) 123,418 122,104 123,410 Junior subordinated debentures 6/14/2021 6/15/2061 4.250% 325,000 (7,732) 317,268 255,580 317,229 Term loan (2) 5/11/2023 11/11/2024 6.200% 170,000 (639) 169,361 169,361 — 1,820,000 (21,883) 1,798,117 1,633,248 1,793,452 Less current maturity of long-term debt — — — — 165,500 Total long-term debt 1,820,000 (21,883) 1,798,117 1,633,248 1,627,952 Current maturity of long-term debt — — — — 165,500 Commercial paper 260,000 (1,768) 258,232 258,232 283,603 Total short-term debt 260,000 (1,768) 258,232 258,232 449,103 Total debt $ 2,080,000 $ (23,651) $ 2,056,349 $ 1,891,480 $ 2,077,055 (1) An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation. (2) Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points. The commercial paper has the highest priority of all unsecured debt, followed by senior notes then junior subordinated debentures. The senior notes are callable under a make-whole provision, and the junior subordinated debentures are subject to an optional redemption five years from issuance. Interest on the 4.25% junior subordinated debentures is payable quarterly while all other long-term debt is payable semi-annually. Federal Home Loan Bank (FHLB) : FHLB membership provides our insurance subsidiaries with access to various low-cost collateralized borrowings and funding agreements. The membership requires ownership of FHLB common stock, as well as the purchase of activity-based common stock equal to approximately 4.1% of outstanding borrowings. Globe Life owns $16.5 million in FHLB common stock as of June 30, 2023 and $14.3 million as of December 31, 2022. The FHLB stock is restricted for the duration of the membership and recorded at cost (par) as required by applicable guidance. The FHLB stock is included in "Other long-term investments " in the Consolidated Balance Sheets. Borrowings with the FHLB are subject to the availability of pledged assets at Globe Life. As of June 30, 2023, Globe Life's maximum borrowing capacity under the FHLB facility was approximately $655 million, based on pledged assets with a fair value of $902 million. As of June 30, 2023, $88 million in funding agreements were outstanding with the FHLB, compared to $23 million as of December 31, 2022. This amount is included in "Other policyholders' funds" on the Consolidated Balance Sheets . The Company had no short-term borrowings from the FHLB as of June 30, 2023, and December 31, 2022.

Business Segments

Business Segments	6 Months Ended
Business Segments	Jun. 30, 2023
Segment Reporting [Abstract]
Business Segments	Note 12—Business Segments Globe Life is organized into four segments: life insurance, supplemental health insurance, annuities, and investments. In addition, other expenses not included in these segments are reported in "Corporate & Other." Globe Life's reportable insurance segments are based on the insurance product lines it markets and administers: life insurance, supplemental health insurance, and annuities. These major product lines are set out as reportable segments because of the common characteristics of products within these categories, comparability of margins, and the similarity in regulatory environment and management techniques. There is also an investment segment that manages the investment portfolio and cash flow for the insurance segments and the corporate function, which has been retrospectively adjusted to exclude the interest on deferred acquisition costs due to the adoption of ASU 2018-12 and the interest on debt. The Company's chief operating decision makers evaluate the overall performance of the operations of the Company in accordance with these segments. Life insurance products marketed by Globe Life include traditional whole life and term life insurance. An immaterial amount of annuities sold as companion products are included in the life segment. Health insurance products are generally guaranteed renewable and include Medicare Supplement, cancer, critical illness, accident, and limited-benefit supplemental hospital and surgical coverage. Annuities include fixed-benefit contracts. The following tables present segment premium revenue by each of Globe Life's distribution channels. Premium Income by Distribution Channel Three Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 394,620 51 $ 29,527 9 $ — — $ 424,147 38 Direct to Consumer 248,607 32 17,175 5 — — 265,782 24 Liberty National 86,634 11 46,903 14 — — 133,537 12 United American 1,849 — 137,453 42 — — 139,302 13 Family Heritage 1,513 — 98,129 30 — — 99,642 9 Other 48,510 6 — — — — 48,510 4 $ 781,733 100 $ 329,187 100 $ — — $ 1,110,920 100 Premium Income by Distribution Channel Three Months Ended June 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 375,748 50 $ 29,411 9 $ — — $ 405,159 38 Direct to Consumer 247,264 33 17,848 6 — — 265,112 25 Liberty National 81,316 11 46,846 15 — — 128,162 12 United American 2,003 — 135,444 42 — — 137,447 13 Family Heritage 1,373 — 90,758 28 — — 92,131 8 Other 49,188 6 — — — — 49,188 4 $ 756,892 100 $ 320,307 100 $ — — $ 1,077,199 100 Six Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 782,132 51 $ 59,121 9 $ — — $ 841,253 38 Direct to Consumer 496,274 32 34,423 5 — — 530,697 24 Liberty National 171,837 11 93,875 14 — — 265,712 12 United American 3,731 — 270,060 42 — — 273,791 12 Family Heritage 2,993 — 194,201 30 — — 197,194 9 Other 97,363 6 — — — — 97,363 5 $ 1,554,330 100 $ 651,680 100 $ — — $ 2,206,010 100 Six Months Ended June 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 745,854 49 $ 58,177 9 $ — — $ 804,031 37 Direct to Consumer 492,996 33 35,776 6 — — 528,772 25 Liberty National 161,876 11 94,606 15 — — 256,482 12 United American 4,077 — 267,134 42 — — 271,211 13 Family Heritage 2,732 — 180,298 28 — — 183,030 8 Other 98,485 7 — — — — 98,485 5 $ 1,506,020 100 $ 635,991 100 $ — — $ 2,142,011 100 Due to the nature of the life insurance industry, Globe Life has no individual or group that would be considered a major customer. Substantially all of Globe Life's business is conducted in the United States. The measure of profitability established by the chief operating decision makers for the insurance segments is underwriting margin before other income and administrative expenses, in accordance with the manner in which the segments are managed. It essentially represents gross profit margin on insurance products before insurance administrative expenses and consists primarily of premium less net policy benefits, acquisition expenses, and commissions. Required interest on policy liabilities is reflected as a component of the Investment segment (rather than as a component of underwriting margin in the insurance and annuity segments) in order to match this cost with the investment income earned on the assets supporting the policy liabilities. The measure of profitability for the Investment segment is excess investment income, representing the income earned on the investment portfolio in excess of policy requirements. During the implementation of ASU 2018-12, the Company reviewed its segment disclosures and modified the measure of profitability of our Investment Segment due to the adoption impact of the standard and to align more appropriately with how we view and measure this segment. As of January 1, 2023, this measure was retrospectively adjusted to exclude the interest on deferred acquisition costs due to the adoption of ASU 2018-12 and the interest expense on debt. Other than the above-mentioned interest allocations, no other intersegment revenues or expenses are recognized. Expenses directly attributable to corporate operations are included in the “Corporate & Other” category. Stock-based compensation expense is considered a corporate expense by Globe Life management and is included in this category. All other unallocated revenues and expenses on a pretax basis, including insurance administrative expense and interest on debt, are also included in the “Corporate & Other” segment category. Globe Life holds a sizable investment portfolio to support its insurance liabilities, the yield from which is used to offset policy benefit, acquisition, administrative and tax expenses. This yield or investment income is taken into account when establishing premium rates and profitability expectations for its insurance products. From time to time, investments are sold or called, or experience a credit loss event, each of which is reflected by the Company as realized gain (loss)—investments. These gains or losses generally occur as a result of disposition due to issuer calls, compliance with Company investment policies, or other reasons often beyond management’s control. Unlike investment income, realized gains and losses are incidental to insurance operations, and only overall yields are considered when setting premium rates or insurance product profitability expectations. While these gains and losses are not relevant to segment profitability or core operating results, they can have a material positive or negative result on net income. For these reasons, management removes realized investment gains and losses when it views its segment operations. Management removes items that are related to prior periods when evaluating the operating results of current periods. Management also removes non-operating items unrelated to the Company's core insurance activities when evaluating those results. Therefore, these items are excluded in its presentation of segment results because accounting guidance requires that operating segment results be presented as management views its business. With the exception of administrative settlements, all of these items are included in “Other operating expense” in the Condensed Consolidated Statements of Operations for the appropriate year. See additional detail below in the tables. The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Three Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 781,733 $ 329,187 $ — $ — $ — $ — $ 1,110,920 Net investment income — — — 261,244 — — 261,244 Other income — — — — 85 — 85 Total revenue 781,733 329,187 — 261,244 85 — 1,372,249 Expenses: Policy benefits 512,664 195,924 7,107 1,815 — — 717,510 Required interest on reserves (191,781) (26,548) (9,715) 228,044 — — — Amortization of acquisition costs 81,173 12,484 423 — — — 94,080 Commissions, premium taxes, and non-deferred acquisition costs 83,547 54,908 4 — — — 138,459 Insurance administrative expense (1) — — — — 75,459 75,459 Parent expense — — — — 3,088 — 3,088 Stock-based compensation expense — — — — 7,486 — 7,486 Interest expense — — — — 25,818 — 25,818 Total expenses 485,603 236,768 (2,181) 229,859 111,851 — 1,061,900 Subtotal 296,130 92,419 2,181 31,385 (111,766) — 310,349 Non-operating items — — — — — — Measure of segment profitability (pretax) $ 296,130 $ 92,419 $ 2,181 $ 31,385 $ (111,766) $ — 310,349 Realized gain (loss)—investments (45,843) Income before income taxes per Condensed Consolidated Statements of Operations $ 264,506 (1) Administrative expense is not allocated to insurance segments. Three Months Ended June 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 756,892 $ 320,307 $ — $ — $ — $ — $ 1,077,199 Net investment income — — — 244,712 — — 244,712 Other income — — — — 299 — 299 Total revenue 756,892 320,307 — 244,712 299 — 1,322,210 Expenses: Policy obligations 492,364 190,075 7,922 1,070 — — 691,431 Required interest on reserves (182,756) (25,460) (11,361) 219,577 — — — Amortization of acquisition costs 73,681 12,052 452 — — — 86,185 Commissions, premium taxes, and non-deferred acquisition costs 74,478 51,729 6 — — — 126,213 Insurance administrative expense (1) — — — — 73,700 4,985 (2) 78,685 Parent expense — — — — 2,893 (368) (2) 2,525 Stock-based compensation expense — — — — 8,448 — 8,448 Interest expense — — — — 21,828 — 21,828 Total expenses 457,767 228,396 (2,981) 220,647 106,869 4,617 1,015,315 Subtotal 299,125 91,911 2,981 24,065 (106,570) (4,617) 306,895 Non-operating items — — — — — 4,617 (2) 4,617 Measure of segment profitability (pretax) $ 299,125 $ 91,911 $ 2,981 $ 24,065 $ (106,570) $ — 311,512 Realized gain (loss)—investments (30,446) Non-operating expenses (4,617) Income before income taxes per Condensed Consolidated Statements of Operations $ 276,449 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note—1 Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Six Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,554,330 $ 651,680 $ — $ — $ — $ — $ 2,206,010 Net investment income — — — 518,349 — — 518,349 Other income — — — — 135 — 135 Total revenue 1,554,330 651,680 — 518,349 135 — 2,724,494 Expenses: Policy obligations 1,020,641 386,886 14,648 3,262 — — 1,425,437 Required interest on reserves (381,602) (52,871) (19,974) 454,447 — — — Amortization of acquisition costs 160,762 24,792 848 — — — 186,402 Commissions, premium taxes, and non-deferred acquisition costs 167,125 109,122 9 — — — 276,256 Insurance administrative expense (1) — — — — 149,366 149,366 Parent expense — — — — 5,673 5,673 Stock-based compensation expense — — — — 15,165 — 15,165 Interest expense — — — — 50,685 — 50,685 Total expenses 966,926 467,929 (4,469) 457,709 220,889 — 2,108,984 Subtotal 587,404 183,751 4,469 60,640 (220,754) — 615,510 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 587,404 $ 183,751 $ 4,469 $ 60,640 $ (220,754) $ — 615,510 Realized gain (loss)—investments (76,770) Income before income taxes per Consolidated Statements of Operations $ 538,740 (1) Administrative expense is not allocated to insurance segments. Six Months Ended June 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,506,020 $ 635,991 $ — $ — $ — $ — $ 2,142,011 Net investment income — — — 489,606 — — 489,606 Other income — — — — 463 — 463 Total revenue 1,506,020 635,991 — 489,606 463 — 2,632,080 Expenses: Policy obligations 987,793 379,093 16,564 2,130 — — 1,385,580 Required interest on reserves (364,128) (50,730) (22,728) 437,586 — — — Amortization of acquisition costs 145,610 24,166 905 — — — 170,681 Commissions, premium taxes, and non-deferred acquisition costs 148,026 103,681 15 — — — 251,722 Insurance administrative expense (1) — — — — 146,265 5,097 (2) 151,362 Parent expense — — — — 5,533 (368) (2) 5,165 Stock-based compensation expense — — — — 17,483 — 17,483 Interest expense — — — — 41,772 — 41,772 Total expenses 917,301 456,210 (5,244) 439,716 211,053 4,729 2,023,765 Subtotal 588,719 179,781 5,244 49,890 (210,590) (4,729) 608,315 Non-operating items — — — — — 4,729 (2) 4,729 Measure of segment profitability (pretax) $ 588,719 $ 179,781 $ 5,244 $ 49,890 $ (210,590) $ — 613,044 Realized gain (loss)—investments (37,690) Non-operating expenses (4,729) Income before income taxes per Consolidated Statements of Operations $ 570,625 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net income	$ 215,260	$ 223,973	$ 438,870	$ 461,457

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation : The accompanying condensed consolidated financial statements of Globe Life have been prepared in accordance with the instructions to Form 10-Q. Therefore, they do not include all of the disclosures required by accounting principles generally accepted in the United States of America (GAAP) for annual financial statements. However, in the opinion of management, these statements include all adjustments, consisting of normal recurring adjustments, which are necessary for a fair presentation of the condensed consolidated financial position at June 30, 2023, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended June 30, 2023 and 2022. The interim period condensed consolidated financial statements should be read in conjunction with the Consolidated Financial Statements that are included in the Form 10-K filed with the Securities Exchange Commission (SEC) on February 23, 2023.
Use of Estimates	Use of Estimates : The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. See further documentation in the significant accounting policies or the accompanying notes.
Significant Accounting Policy Updates	Significant Accounting Policy Updates : The following accounting policies were updated since the 2022 Form 10-K due to the adoption of ASU 2018-12, Financial Services - Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (ASU 2018-12). Refer to Note 2—New Acc ounting Stan dards
Future Policy Benefits	Future Policy Benefits— The liability for future policy benefits for traditional and limited-payment long duration life and health products comprises approximately 92% of the total liability for future policy benefits. The liability is determined each reporting period based on the net level premium method. This method requires the liability for future policy benefits be calculated as the present value of estimated future policyholder benefits and the related termination expenses, less the present value of estimated future net premiums to be collected from policyholders. Net level premiums reflect a recomputed net premium ratio 1 using actual experience since the issue date or the Transition Date, and expected future experience. The liability is accrued as premium revenue is recognized and adjusted for differences between actual and expected experience. Long-duration insurance contracts issued by the Company are grouped into cohorts based on the contract issue year, distribution channel, legal entity, and product type. Both the present value of expected future benefit payments and the present value of expected future net premiums are based primarily on assumptions of discount rates, mortality, morbidity, lapse, and persistency. Each quarter, the Company remeasures its liability for future policy benefits using current discount rates with the effect of the change recognized in Other Comprehensive Income, a component of shareholders’ equity. In addition, the Company recognizes a liability remeasurement gain or loss within the Condensed Consolidated Statements of Operations using original discount rates, and relating to actual experience under the net premium calculation, as compared to the prior reporting period assumptions. The Company regularly reviews its cash flow assumptions (mortality, morbidity, lapses, and persistency) used to calculate the change in the liability for future policy benefits. These cash flow assumptions are updated as necessary in the third quarter of every year, or more frequently if suggested by experience. If cash flow assumptions are changed, the net premium ratio is recalculated from the original issue date, or the Transition Date, using actual experience and projected future cash flows. When the expected future net premiums exceed the expected future gross premiums, or the present value of future policyholder benefits exceeds the present value of expected future gross premiums, the liability for future policy benefits is adjusted with changes recognized in policyholder benefits on the Condensed Consolidated Statements of Operations . The cash flow assumptions do not include an adjustment for adverse deviation. Mortality tables used for individual life insurance include various industry tables and reflect modifications based on Company experience. Morbidity assumptions for individual health are based on Company experience and industry data. Lapse and persistency assumptions are based on Company experience. The liability for future policy benefits is discounted as noted above, using a current upper-medium grade fixed-income instrument yield that reflects the duration characteristics of the liability for future policy benefits. The methodology for determining current discount rates consists of constructing a discount rate curve intended to be reflective of the currency and tenor of the insurance liability cash flows. The methodology is designed to prioritize observable inputs based on market data available in the local debt markets denominated in the same currency as the policies. For the discount rates applicable to tenors for which the single-A debt market is not liquid or there is little or no observable market data, the Company will use estimation techniques consistent with the fair value guidance in ASC 820. We further accrete interest as a component of policyholder benefits using the original discount rate that is locked-in during the year of contract issuance. The original discount rates (or the locked-in discount rates) are used for interest accretion purposes and for the determination of net premiums, whereas the current discount rates are used for purposes of valuing the liability. The liability for future policy benefits for annuity and interest sensitive life-type products is represented by policy account value. For limited-payment contracts, a deferred profit liability is also recorded, with changes recognized in income over the life of the contract in proportion to the amount of insurance in force.
Deferred Acquisition Costs	Deferred Acquisition Costs— Certain costs of acquiring new insurance business are deferred and recorded as an asset. These costs are capitalized on a grouped contract basis and amortized over the expected term of the related contracts, and are essential for the acquisition of new insurance business. Deferred acquisition costs (DAC) are directly related to the successful issuance of an insurance contract, and primarily include sales commissions, policy issue costs, direct to consumer advertising costs, and underwriting costs. Additionally, DAC includes the value of business acquired (VOBA), which are the costs of acquiring blocks of insurance from other companies or through the acquisition of other companies. These costs represent the difference between the fair value of the contractual insurance assets acquired and liabilities assumed, compared against the assets and liabilities for insurance contracts that the Company issues or holds measured in accordance with GAAP. DAC is amortized on a constant-level basis over the expected term of the grouped contracts, with the related expense included in amortization of deferred acquisition costs on the Condensed Consolidated Statements of Operations . The in-force metric used to compute the DAC amortization rate is annualized premium in force. The assumptions used to amortize acquisition costs include mortality, morbidity, and persistency. These assumptions are reviewed at least annually and revised in conjunction with any change in the future policy benefit assumptions. The effect of changes in the assumptions are recognized over the remaining expected contract term as a revision of future amortization amounts.
Accounting Pronouncements Adopted and Accounting Pronouncements Yet to be Adopted	Accounting Pronouncements Adopted in the Current Year : On January 1, 2023, the Company adopted ASU 2018-12 (also referred to as Long Duration Targeted Improvements or LDTI) on a modified retrospective basis as of the transition date (Transition Date) of January 1, 2021 . Accounting Pronouncements Yet to be Adopted : ASU No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions, adds disclosure requirements specific to equity securities subject to contractual sale restrictions. The disclosures clarify the nature of the contractual sale as well as the duration of the restriction and the circumstances that could cause a lapse in the restriction. This standard is effective for the Company on January 1, 2024, and will be implemented on a prospective basis. The Company does not expect the standard will have a material impact on the Consolidated Financial Statements.

New Accounting Standards (Table

New Accounting Standards (Tables)	6 Months Ended
New Accounting Standards (Tables)	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Schedule of Liability for Future Policy Benefit, Activity	The following tables summarize the balance of and changes to the liability for future policy benefits for traditional life and health long-duration contracts on the Transition Date due to the adoption of ASU 2018-12: Net Liability for Future Policy Benefits - Long Duration Life American Income DTC Liberty National Other Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 3,541,317 $ 2,492,226 $ 2,140,071 $ 2,736,804 $ 10,910,418 Effect of changes in discount rate assumptions 3,334,600 2,195,430 1,229,610 2,297,835 9,057,475 Effect of capping and flooring (1) — 16,899 2,433 2 19,334 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 6,875,917 $ 4,704,555 $ 3,372,114 $ 5,034,641 $ 19,987,227 Net liability for Future Policy Benefits - Long Duration Health United American Family Heritage Liberty National American Income DTC Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 131,505 $ 1,383,128 $ 501,312 $ 101,998 $ (2,941) $ 2,115,002 Effect of changes in discount rate assumptions 75,652 497,250 219,992 60,366 346 853,606 Effect of capping and flooring (1) 6,506 — 19,324 — 4,193 30,023 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 213,663 $ 1,880,378 $ 740,628 $ 162,364 $ 1,598 $ 2,998,631 The following table presents total policy liabilities, both before and after the Transition Date: January 1, December 31, 2021 2020 Future policy benefits: Net liability for future policy benefits—long duration life $ 19,987,227 $ 10,910,418 Net liability for future policy benefits—long duration health 2,998,631 2,115,002 Additional insurance liabilities (1),(2) 2,008,399 2,218,116 Total future policy benefits 24,994,257 15,243,536 Unearned and advance premium (1) 243,369 61,728 Policy claims and other benefits payable (1) 473,524 399,507 Other policyholders' funds (1) 98,459 97,968 Total policy liabilities $ 25,809,609 $ 15,802,739 (1) In addition to the discount rate related adjustments to future policy benefits, the Company reclassified certain balances within total policy liabilities on the Consolidated Balance Sheets as a result of adopting ASU 2018-12. The reclassifications had an immaterial impact on Shareholders' Equity. See table summarizing the transition adjustments to Shareholders' Equity below. (2) The Company's additional insurance liabilities consist primarily of: 1) deferred profit liability on limited-payment contracts; and 2) reserves on deferred annuity and interest sensitive life blocks of business. See Note 6—Policy Liabilities The following tables summarize balances and changes in the net liability for future policy benefits, before reinsurance, for traditional life long-duration contracts for the three and six month periods ended June 30, 2023 and 2022: Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 4,925,192 $ 7,264,905 $ 1,332,469 $ 559,972 $ 14,082,538 Beginning balance at original discount rates 3,906,098 5,533,741 1,040,242 416,141 10,896,222 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,340) (91,461) (9,125) (3,497) (121,423) Adjusted balance at January 1, 2022 3,888,758 5,442,280 1,031,117 412,644 10,774,799 Issuances (1) 420,277 338,996 48,806 15,597 823,676 Interest accrual (2) 86,841 135,858 25,585 10,304 258,588 Net premiums collected (3) (242,510) (300,778) (63,353) (21,627) (628,268) Effect of changes in the foreign exchange rate (7,272) — — — (7,272) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at January 1, 2023 $ 4,273,156 $ 5,910,224 $ 1,094,407 $ 470,741 $ 11,748,528 Beginning balance at original discount rates 4,246,723 5,680,864 1,066,123 449,209 11,442,919 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (69,352) (128,602) (15,593) (6,650) (220,197) Adjusted balance at January 1, 2023 4,177,371 5,552,262 1,050,530 442,559 11,222,722 Issuances (1) 376,021 313,748 60,848 14,611 765,228 Interest accrual (2) 96,850 142,473 26,655 11,331 277,309 Net premiums collected (3) (256,959) (308,129) (66,472) (23,026) (654,586) Effect of changes in the foreign exchange rate 5,770 — — — 5,770 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 4,646,747 $ 6,710,655 $ 1,224,988 $ 511,832 $ 13,094,222 Beginning balance at original discount rates 4,043,480 5,595,772 1,043,765 419,434 11,102,451 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (13,025) (61,865) (8,500) (5,149) (88,539) Adjusted balance at April 1, 2022 4,030,455 5,533,907 1,035,265 414,285 11,013,912 Issuances (1) 204,351 165,221 25,841 8,297 403,710 Interest accrual (2) 43,767 68,250 12,775 5,132 129,924 Net premiums collected (3) (122,307) (151,022) (31,726) (10,796) (315,851) Effect of changes in the foreign exchange rate (10,172) — — — (10,172) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at April 1, 2023 $ 4,467,637 $ 6,110,550 $ 1,128,083 $ 483,056 $ 12,189,326 Beginning balance at original discount rates 4,325,957 5,718,900 1,070,775 448,677 11,564,309 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (39,371) (80,616) (10,004) (4,764) (134,755) Adjusted balance at April 1, 2023 4,286,586 5,638,284 1,060,771 443,913 11,429,554 Issuances (1) 183,466 144,796 30,706 7,370 366,338 Interest accrual (2) 48,952 71,484 13,368 5,661 139,465 Net premiums collected (3) (129,720) (154,210) (33,284) (11,469) (328,683) Effect of changes in the foreign exchange rate 9,769 — — — 9,769 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 11,773,519 $ 11,859,408 $ 4,542,697 $ 5,488,684 $ 33,664,308 Beginning balance at original discount rates 7,744,201 8,157,259 3,206,164 3,267,306 22,374,930 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,082) (87,036) (9,466) (4,473) (118,057) Adjusted balance at January 1, 2022 7,727,119 8,070,223 3,196,698 3,262,833 22,256,873 Issuances (1) 420,277 338,995 48,806 15,597 823,675 Interest accrual (2) 202,147 214,751 84,422 96,844 598,164 Benefit payments (3) (198,179) (329,201) (114,615) (63,170) (705,165) Effect of changes in the foreign exchange rate (16,658) — — — (16,658) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at January 1, 2023 $ 9,119,104 $ 9,225,451 $ 3,429,256 $ 3,976,150 $ 25,749,961 Beginning balance at original discount rates 8,409,761 8,477,892 3,272,980 3,403,704 23,564,337 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (72,388) (130,006) (13,119) (8,367) (223,880) Adjusted balance at January 1, 2023 8,337,373 8,347,886 3,259,861 3,395,337 23,340,457 Issuances (1) 376,021 313,749 60,848 14,611 765,229 Interest accrual (2) 220,666 226,661 86,722 101,129 635,178 Benefit payments (3) (194,971) (295,399) (109,650) (62,586) (662,606) Effect of changes in the foreign exchange rate 14,437 — — — 14,437 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 10,652,256 $ 10,750,349 $ 4,066,234 $ 4,848,375 $ 30,317,214 Beginning balance at original discount rates 7,959,694 8,238,501 3,208,055 3,290,269 22,696,519 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (14,123) (61,186) (9,619) (6,153) (91,081) Adjusted balance at April 1, 2022 7,945,571 8,177,315 3,198,436 3,284,116 22,605,438 Issuances (1) 204,351 165,220 25,841 8,297 403,709 Interest accrual (2) 101,811 107,823 42,192 48,564 300,390 Benefit payments (3) (93,858) (155,590) (51,158) (28,873) (329,479) Effect of changes in the foreign exchange rate (23,169) — — — (23,169) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at April 1, 2023 $ 9,637,463 $ 9,624,680 $ 3,559,012 $ 4,166,527 $ 26,987,682 Beginning balance at original discount rates 8,573,734 8,563,604 3,284,594 3,427,535 23,849,467 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (40,862) (81,059) (6,065) (5,471) (133,457) Adjusted balance at April 1, 2023 8,532,872 8,482,545 3,278,529 3,422,064 23,716,010 Issuances (1) 183,466 144,797 30,706 7,370 366,339 Interest accrual (2) 111,337 113,893 43,466 50,751 319,447 Benefit payments (3) (98,297) (148,338) (54,920) (31,694) (333,249) Effect of changes in the foreign exchange rate 24,148 — — — 24,148 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Net liability for future policy benefits as of June 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 3,988,612 $ 2,678,412 $ 2,173,156 $ 2,895,186 $ 11,735,366 Effect of changes in discount rate assumptions 1,144,163 820,851 326,414 863,680 3,155,108 Net liability for future policy benefits at current discount rates 5,132,775 3,499,263 2,499,570 3,758,866 14,890,474 Other Adjustments (1) 21 2,239 (10,874) (37,397) (46,011) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,132,796 $ 3,501,502 $ 2,488,696 $ 3,721,469 $ 14,844,463 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Life Net liability for future policy benefits as of June 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,354,473 $ 2,892,543 $ 2,226,220 $ 3,003,016 $ 12,476,252 Effect of changes in discount rate assumptions 840,887 606,113 171,608 635,411 2,254,019 Net liability for future policy benefits at current discount rates 5,195,360 3,498,656 2,397,828 3,638,427 14,730,271 Other Adjustments (1) (70) 4,750 58 (36,437) (31,699) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,195,290 $ 3,503,406 $ 2,397,886 $ 3,601,990 $ 14,698,572 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for the three and six month periods ended June 30, 2023 and 2022: Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,611,659 $ 1,944,714 $ 517,368 $ 222,553 $ 121,724 $ 6,418,018 Beginning balance at original discount rates 2,949,851 1,688,590 414,409 178,801 96,776 5,328,427 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (35,736) (35,913) (24,189) (5,260) (1,543) (102,641) Adjusted balance at January 1, 2022 2,914,115 1,652,677 390,220 173,541 95,233 5,225,786 Issuances (1) 175,070 109,933 22,613 20,424 2,323 330,363 Interest accrual (2) 61,205 30,014 9,593 3,680 2,353 106,845 Net premiums collected (3) (127,736) (85,830) (25,685) (10,540) (5,157) (254,948) Effect of changes in the foreign exchange rate — — — (807) — (807) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at January 1, 2023 $ 2,908,501 $ 1,594,992 $ 423,490 $ 190,296 $ 90,143 $ 5,207,422 Beginning balance at original discount rates 2,941,261 1,729,219 415,442 192,631 87,751 5,366,304 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (28,923) (34,394) (27,833) (5,249) (1,895) (98,294) Adjusted balance at January 1, 2023 2,912,338 1,694,825 387,609 187,382 85,856 5,268,010 Issuances (1) 143,716 132,346 28,191 20,787 4,215 329,255 Interest accrual (2) 63,854 32,819 9,666 4,134 2,118 112,591 Net premiums collected (3) (134,248) (88,784) (25,286) (10,981) (5,349) (264,648) Effect of changes in the foreign exchange rate — — — 387 — 387 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,337,152 $ 1,790,237 $ 463,452 $ 208,064 $ 109,734 $ 5,908,639 Beginning balance at original discount rates 2,957,769 1,699,135 401,751 183,679 94,408 5,336,742 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 13,826 (20,751) (8,728) (2,795) 336 (18,112) Adjusted balance at April 1, 2022 2,971,595 1,678,384 393,023 180,884 94,744 5,318,630 Issuances (1) 85,036 56,415 11,798 9,972 1,443 164,664 Interest accrual (2) 30,866 15,074 4,721 1,849 1,171 53,681 Net premiums collected (3) (64,843) (43,079) (12,801) (5,288) (2,606) (128,617) Effect of changes in the foreign exchange rate — — — (1,119) — (1,119) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at April 1, 2023 $ 2,997,723 $ 1,664,414 $ 421,447 $ 200,666 $ 90,243 $ 5,374,493 Beginning balance at original discount rates 2,948,641 1,750,468 404,647 197,446 85,966 5,387,168 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 5,210 (15,636) (11,249) (3,629) 679 (24,625) Adjusted balance at April 1, 2023 2,953,851 1,734,832 393,398 193,817 86,645 5,362,543 Issuances (1) 67,875 64,559 14,888 10,575 1,823 159,720 Interest accrual (2) 32,267 16,620 4,776 2,098 1,061 56,822 Net premiums collected (3) (68,333) (44,805) (12,882) (5,556) (2,689) (134,265) Effect of changes in the foreign exchange rate — — — 775 — 775 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,810,559 $ 3,840,322 $ 1,201,317 $ 380,915 $ 119,888 $ 9,353,001 Beginning balance at original discount rates 3,090,901 3,193,342 921,608 285,604 95,628 7,587,083 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (38,057) (37,106) (23,919) (5,684) (1,615) (106,381) Adjusted balance at January 1, 2022 3,052,844 3,156,236 897,689 279,920 94,013 7,480,702 Issuances (1) 174,828 109,933 22,792 20,424 2,310 330,287 Interest accrual (2) 65,107 59,584 24,035 6,886 2,352 157,964 Benefit payments (3) (132,751) (58,509) (48,379) (10,192) (6,532) (256,363) Effect of changes in the foreign exchange rate — — — (1,467) — (1,467) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at January 1, 2023 $ 3,046,829 $ 3,005,664 $ 941,574 $ 312,750 $ 87,532 $ 7,394,349 Beginning balance at original discount rates 3,080,633 3,336,344 904,865 303,713 85,212 7,710,767 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (27,940) (36,292) (27,018) (6,018) (1,830) (99,098) Adjusted balance at January 1, 2023 3,052,693 3,300,052 877,847 297,695 83,382 7,611,669 Issuances (1) 143,404 132,346 27,901 20,787 4,208 328,646 Interest accrual (2) 67,592 65,320 23,526 7,389 2,118 165,945 Benefit payments (3) (146,921) (61,551) (48,395) (11,660) (6,520) (275,047) Effect of changes in the foreign exchange rate — — — 876 — 876 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,508,485 $ 3,476,639 $ 1,082,425 $ 351,631 $ 107,034 $ 8,526,214 Beginning balance at original discount rates 3,095,417 3,232,281 905,739 292,356 92,272 7,618,065 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 12,396 (21,437) (8,130) (3,040) 410 (19,801) Adjusted balance at April 1, 2022 3,107,813 3,210,844 897,609 289,316 92,682 7,598,264 Issuances (1) 84,924 56,415 11,926 9,972 1,434 164,671 Interest accrual (2) 32,799 30,001 11,916 3,454 1,170 79,340 Benefit payments (3) (65,508) (30,016) (25,314) (5,148) (3,143) (129,129) Effect of changes in the foreign exchange rate — — — (2,023) — (2,023) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at April 1, 2023 $ 3,132,462 $ 3,174,672 $ 949,996 $ 326,533 $ 87,090 $ 7,670,753 Beginning balance at original discount rates 3,079,790 3,387,380 890,019 308,170 83,001 7,748,360 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 3,503 (16,513) (11,023) (4,439) 472 (28,000) Adjusted balance at April 1, 2023 3,083,293 3,370,867 878,996 303,731 83,473 7,720,360 Issuances (1) 67,721 64,559 14,616 10,575 1,820 159,291 Interest accrual (2) 34,112 33,031 11,686 3,721 1,061 83,611 Benefit payments (3) (68,358) (32,290) (24,419) (4,523) (3,166) (132,756) Effect of changes in the foreign exchange rate — — — 1,583 — 1,583 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Net liability for future policy benefits as of June 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 137,374 $ 1,560,450 $ 499,396 $ 109,273 $ (2,609) $ 2,303,884 Effect of changes in discount rate assumptions 9,616 (81,080) 60,541 19,159 (340) 7,896 Net liability for future policy benefits at current discount rates 146,990 1,479,370 559,937 128,432 (2,949) 2,311,780 Other Adjustments (1) (1,405) (6,461) 1,998 48 4,007 (1,813) Net liability for future policy benefits, after other adjustments, at current discount rates $ 145,585 $ 1,472,909 $ 561,935 $ 128,480 $ 1,058 $ 2,309,967 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Health Net liability for future policy benefits as of June 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 131,108 1,664,961 480,699 113,378 (3,652) 2,386,494 Effect of changes in discount rate assumptions 727 (158,520) 32,898 13,357 (166) (111,704) Net liability for future policy benefits at current discount rates 131,835 1,506,441 513,597 126,735 (3,818) 2,274,790 Other Adjustments (1) 1,104 (9,797) 4,671 605 4,645 1,228 Net liability for future policy benefits, after other adjustments, at current discount rates $ 132,939 $ 1,496,644 $ 518,268 $ 127,340 $ 827 $ 2,276,018 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. The following table reconciles the liability for future policy benefits to the Consolidated Balance Sheets as of June 30, 2023: At Original Discount Rates At Current Discount Rates As of June 30, As of June 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,354,403 $ 3,988,588 $ 5,195,290 $ 5,132,796 Direct to Consumer 2,892,543 2,678,413 3,503,406 3,501,502 Liberty National 2,218,639 2,161,743 2,397,886 2,488,696 Other 2,976,680 2,870,179 3,601,990 3,721,469 Net liability for future policy benefits—long duration life 12,442,265 11,698,923 14,698,572 14,844,463 Health (1) : United American 130,624 135,532 132,939 145,585 Family Heritage 1,654,616 1,551,200 1,496,644 1,472,909 Liberty National 484,458 500,950 518,268 561,935 American Income 113,981 109,318 127,340 128,480 Direct to Consumer 798 993 827 1,058 Net liability for future policy benefits—long duration health 2,384,477 2,297,993 2,276,018 2,309,967 Deferred profit liability 172,531 184,680 172,531 184,680 Deferred annuity 853,064 1,015,804 853,064 1,015,804 Interest sensitive life 736,920 742,293 736,920 742,293 Other 9,406 8,121 9,409 8,127 Total future policy benefits $ 16,598,663 $ 15,947,814 $ 18,746,514 $ 19,105,334 (1) Balances are presented net of the reinsurance recoverable and the effects of flooring the liability. The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: Life Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.8 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.0 % 5.1 % 5.1 % 5.1 % 4.8 % 4.8 % 4.7 % 4.7 % Health Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.1 % 4.3 % 5.8 % 5.9 % 5.1 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 4.9 % 5.1 % 5.1 % 4.9 % 4.9 % 4.6 % 4.8 % 4.6 % 4.6 % 4.6 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: As of June 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 22.91 23.45 22.88 23.50 Direct to Consumer 20.12 21.81 20.78 22.51 Liberty National 14.97 15.69 15.11 16.09 Other 16.44 18.19 16.70 18.76 Health United American 11.37 10.79 11.74 11.23 Family Heritage 14.87 14.41 15.36 15.00 Liberty National 9.34 9.68 9.02 9.52 American Income 12.12 12.73 12.51 13.25 Direct to Consumer 11.37 10.79 11.74 11.23 The following tables summarize the amount of gross premiums and interest, net of reinsurance, related to long duration life and health contracts that are recognized in the Condensed Consolidated Statements of Operations : Life Six Months Ended Six Months Ended Gross Interest Gross Interest American Income $ 781,453 $ 123,816 $ 745,128 $ 115,305 Direct to Consumer 490,443 84,062 486,929 78,834 Liberty National 169,570 59,670 159,453 58,592 Other 103,343 88,926 104,550 85,713 Total $ 1,544,809 $ 356,474 $ 1,496,060 $ 338,444 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 394,308 $ 62,385 $ 375,391 $ 58,043 Direct to Consumer 245,736 42,348 244,267 39,542 Liberty National 85,498 29,901 80,105 29,307 Other 51,507 44,652 52,163 43,016 Total $ 777,049 $ 179,286 $ 751,926 $ 169,908 Health Six Months Ended Six Months Ended Gross Interest Gross Interest United American $ 198,679 $ 3,604 $ 187,881 $ 3,791 Family Heritage 194,219 32,272 180,298 29,371 Liberty National 93,434 13,801 94,097 14,398 American Income 56,335 3,256 55,941 3,206 Direct to Consumer 7,097 — 7,130 — Total $ 549,764 $ 52,933 $ 525,347 $ 50,766 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 100,847 $ 1,782 $ 95,615 $ 1,878 Family Heritage 98,129 16,295 90,758 14,826 Liberty National 46,690 6,881 46,601 7,172 American Income 28,239 1,624 28,004 1,605 Direct to Consumer 3,555 — 3,594 — Total $ 277,460 $ 26,582 $ 264,572 $ 25,481
Schedule of Analysis of Deferred Acquisition Costs	The following table presents the Company's deferred policy acquisition costs, both before and after the Transition Date: January 1, December 31, 2021 2020 Life: American Income $ 1,647,761 $ 1,647,761 Direct to Consumer 1,498,970 1,498,435 Liberty National 531,504 531,504 Other 304,786 304,459 Total life 3,983,021 3,982,159 Health: United American 65,020 74,353 Family Heritage 364,751 364,751 Liberty National 124,754 124,888 American Income 39,477 39,477 Direct to Consumer 2,215 6,600 Total health 596,217 610,069 Annuity 8,309 3,216 Total DAC $ 4,587,547 $ 4,595,444 The following table presents the effect of transition adjustments due to the adoption of ASU 2018-12 on Shareholders' Equity: Retained Earnings Accumulated Other Comprehensive Income (Loss) Other (1) Total Shareholders’ Equity, as of December 31, 2020 $ 5,874,109 $ 3,029,244 $ (132,261) $ 8,771,092 Effect of changes in discount rate assumptions — (7,829,753) — (7,829,753) Effect of capping and flooring (38,992) — — (38,992) Effect of removal of unrealized gain (loss) on DAC — 4,704 — 4,704 Other adjustments 26,470 — — 26,470 Shareholders’ Equity, as of January 1, 2021 $ 5,861,587 $ (4,795,805) $ (132,261) $ 933,521 The following tables roll forward the deferred policy acquisition costs for the three and six month periods ended June 30, 2023 and 2022: Life American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 1,960,254 $ 1,583,695 $ 566,419 $ 301,647 $ 4,412,015 Capitalizations 230,021 93,657 42,814 7,018 373,510 Amortization expense (68,264) (46,618) (22,335) (8,393) (145,610) Foreign exchange adjustment (5,240) — — — (5,240) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 234,172 87,389 50,649 6,767 378,977 Amortization expense (77,742) (49,605) (25,163) (8,252) (160,762) Foreign exchange adjustment 2,759 — — — 2,759 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Life American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 2,042,907 $ 1,608,739 $ 575,838 $ 300,936 $ 4,528,420 Capitalizations 115,593 45,441 22,349 3,531 186,914 Amortization expense (34,751) (23,446) (11,289) (4,195) (73,681) Foreign exchange adjustment (6,978) — — — (6,978) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at April 1, 2023 $ 2,332,600 $ 1,699,588 $ 622,532 $ 297,542 $ 4,952,262 Capitalizations 118,777 39,979 26,428 3,446 188,630 Amortization expense (39,443) (24,852) (12,751) (4,127) (81,173) Foreign exchange adjustment 5,546 — — — 5,546 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Health United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 81,140 $ 388,967 $ 127,537 $ 49,406 $ 2,032 $ 649,082 Capitalizations 1,068 25,430 8,736 6,345 2 41,581 Amortization expense (3,034) (12,675) (6,681) (1,687) (89) (24,166) Foreign exchange adjustment — — — (288) — (288) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 996 30,591 9,734 6,320 — 47,641 Amortization expense (3,041) (13,200) (6,554) (1,903) (94) (24,792) Foreign exchange adjustment — — — 57 — 57 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Health United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 80,204 $ 394,925 $ 128,338 $ 51,820 $ 1,988 $ 657,275 Capitalizations 488 13,067 4,615 3,190 2 21,362 Amortization expense (1,518) (6,270) (3,361) (858) (45) (12,052) Foreign exchange adjustment — — — (376) — (376) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at April 1, 2023 $ 76,388 $ 425,145 $ 134,728 $ 59,890 $ 1,807 $ 697,958 Capitalizations 489 15,494 4,852 3,177 — 24,012 Amortization expense (1,528) (6,640) (3,304) (965) (47) (12,484) Foreign exchange adjustment — — — 183 — 183 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of June 30, 2023: June 30, 2023 2022 Life American Income $ 2,417,480 $ 2,116,771 Direct to Consumer 1,714,715 1,630,734 Liberty National 636,209 586,898 Other 296,861 300,272 Total DAC - Life 5,065,265 4,634,675 Health United American 75,349 79,174 Family Heritage 433,999 401,722 Liberty National 136,276 129,592 American Income 62,285 53,776 Direct to Consumer 1,760 1,945 Total DAC - Health 709,669 666,209 Annuity 3,798 5,536 Tota l $ 5,778,732 $ 5,306,420
Schedule Of New Accounting Standards on Previously Reported Results	Effect of New Accounting Standards on Previously Reported Results : The impacts from the adoption of ASU 2018-12 on the Company's previously reported results included in these financial statements are as follows: Condensed Consolidated Balance Sheets December 31, 2022 As Previously Reported Adoption Impact As Adjusted Assets: Other receivables $ 484,887 $ 104,192 $ 589,079 Deferred acquisition costs 5,249,907 285,790 5,535,697 Liabilities: Future policy benefits 16,721,846 1,318,196 18,040,042 Unearned and advance premium 60,742 192,398 253,140 Policy claims and other benefits payable 430,027 77,192 507,219 Current and deferred income taxes 686,172 (251,523) 434,649 Shareholders' equity: Accumulated other comprehensive income (loss) (1,415,714) (1,374,599) (2,790,313) Retained earnings 6,466,220 428,315 6,894,535 Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended As Previously Reported Adoption Impact As Adjusted As Previously Reported Adoption Impact As Adjusted Revenue: Life premium $ 759,924 $ (3,032) $ 756,892 $ 1,514,526 $ (8,506) $ 1,506,020 Health premium 319,189 1,118 320,307 636,189 (198) 635,991 Net investment income 243,642 1,070 244,712 487,476 2,130 489,606 Benefits and expenses: Life policyholder benefits 511,034 (18,670) 492,364 1,060,377 (72,584) 987,793 Health policyholder benefits 197,218 (7,143) 190,075 394,073 (14,980) 379,093 Other policyholder benefits 7,074 1,918 8,992 14,124 4,570 18,694 Amortization of deferred acquisition costs 155,205 (69,020) 86,185 313,589 (142,908) 170,681 Commissions, premium taxes, and non-deferred acquisition costs 93,595 32,618 126,213 184,408 67,314 251,722 Income before income taxes 216,996 59,453 276,449 418,611 152,014 570,625 Income tax benefit (expense) (39,992) (12,484) (52,476) (77,246) (31,922) (109,168) Net income $ 177,004 $ 46,969 $ 223,973 $ 341,365 $ 120,092 $ 461,457 Basic net income per common share $ 1.80 $ 0.48 $ 2.28 $ 3.46 $ 1.21 $ 4.67 Diluted net income per common share $ 1.79 $ 0.47 $ 2.26 $ 3.43 $ 1.20 $ 4.63 See Note 1—Significant Accounting Policies , Note 6—Policy Liabilities , and Note 7—DAC for additional information on the adoption.

Supplemental Information Abou_2

Supplemental Information About Changes to Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Schedule of Change in Balance by Component of Accumulated Other Comprehensive Income	An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for the three and six month periods ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2023 $ (1,016,764) $ (1,938,707) $ (6,829) $ 1,207 $ (2,961,093) Other comprehensive income (loss) before reclassifications, net of tax (271,681) 241,906 8,182 — (21,593) Reclassifications, net of tax 39,046 — — (257) 38,789 Other comprehensive income (loss) (232,635) 241,906 8,182 (257) 17,196 Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Three Months Ended June 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2022 $ 950,921 $ (4,699,555) $ 22,589 $ (100,961) $ (3,827,006) Other comprehensive income (loss) before reclassifications, net of tax (1,611,891) 2,205,113 (14,544) — 578,678 Reclassifications, net of tax 17,585 — — 2,718 20,303 Other comprehensive income (loss) (1,594,306) 2,205,113 (14,544) 2,718 598,981 Balance at June 30, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025) Six Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2023 $ (1,420,672) $ (1,369,204) $ (1,681) $ 1,244 $ (2,790,313) Other comprehensive income (loss) before reclassifications, net of tax 106,481 (327,597) 3,034 — (218,082) Reclassifications, net of tax 64,792 — — (294) 64,498 Other comprehensive income (loss) 171,273 (327,597) 3,034 (294) (153,584) Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Six Months Ended June 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2022 $ 2,765,290 $ (6,915,910) $ 19,248 $ (103,676) $ (4,235,048) Other comprehensive income (loss) before reclassifications, net of tax (3,423,076) 4,421,468 (11,203) — 987,189 Reclassifications, net of tax 14,401 — — 5,433 19,834 Other comprehensive income (loss) (3,408,675) 4,421,468 (11,203) 5,433 1,007,023 Balance at June 30, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income	Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and six month periods ended June 30, 2023 and 2022. Three Months Ended Six Months Ended June 30, Affected line items in the Statements of Operations Component Line Item 2023 2022 2023 2022 Unrealized investment (gains) losses on available for sale assets: Realized (gains) losses $ 50,347 $ 22,422 $ 83,471 $ 17,485 Realized (gains) losses Amortization of (discount) premium (922) (163) (1,456) 744 Net investment income Total before tax 49,425 22,259 82,015 18,229 Tax (10,379) (4,674) (17,223) (3,828) Income taxes Total after-tax 39,046 17,585 64,792 14,401 Pension adjustments: Amortization of prior service cost 269 158 538 316 Other operating expense Amortization of actuarial (gain) loss (592) 3,283 (909) 6,562 Other operating expense Total before tax (323) 3,441 (371) 6,878 Tax 66 (723) 77 (1,445) Income taxes Total after-tax (257) 2,718 (294) 5,433 Total reclassification (after-tax) $ 38,789 $ 20,303 $ 64,498 $ 19,834

Investments (Tables)

Investments (Tables)	6 Months Ended
Investments (Tables)	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Fixed Maturities and Equity Securities Available for Sale by Component	Summaries of fixed maturities available for sale by amortized cost, fair value, and allowance for credit losses at June 30, 2023 and December 31, 2022, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) are as follows. Redeemable preferred stock is included within "Corporates, by sector." At June 30, 2023 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 392,453 $ — $ 37 $ (34,893) $ 357,597 2 States, municipalities, and political subdivisions 3,071,617 — 36,601 (451,322) 2,656,896 16 Foreign governments 43,464 — — (11,481) 31,983 — Corporates, by sector: Financial 4,944,716 (65,476) 59,319 (493,205) 4,445,354 26 Utilities 1,988,656 — 41,220 (114,276) 1,915,600 11 Energy 1,431,789 — 27,914 (93,599) 1,366,104 8 Other corporate sectors 6,690,357 (7,032) 89,696 (636,276) 6,136,745 36 Total corporates 15,055,518 (72,508) 218,149 (1,337,356) 13,863,803 81 Collateralized debt obligations 37,080 — 5,225 — 42,305 — Other asset-backed securities 87,347 — 2 (6,483) 80,866 1 Total fixed maturities $ 18,687,479 $ (72,508) $ 260,014 $ (1,841,535) $ 17,033,450 100 (1) Amount reported in the balance sheet. (2) At fair value. At December 31, 2022 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 394,439 $ — $ 27 $ (38,968) $ 355,498 2 States, municipalities, and political subdivisions 2,791,030 — 24,328 (505,447) 2,309,911 14 Foreign governments 55,164 — 6 (12,706) 42,464 — Corporates, by sector: Financial 4,907,794 — 63,126 (504,489) 4,466,431 27 Utilities 1,924,190 — 36,670 (125,713) 1,835,147 11 Energy 1,436,598 — 22,637 (101,923) 1,357,312 8 Other corporate sectors 6,667,043 — 78,903 (738,772) 6,007,174 37 Total corporates 14,935,625 — 201,336 (1,470,897) 13,666,064 83 Collateralized debt obligations 37,098 — 13,266 — 50,364 — Other asset-backed securities 88,336 — 4 (9,276) 79,064 1 Total fixed maturities $ 18,301,692 $ — $ 238,967 $ (2,037,294) $ 16,503,365 100 (1) Amount reported in the balance sheet. (2) At fair value.
Schedule of Fixed Maturities by Contractual Maturity	A schedule of fixed maturities available for sale by contractual maturity date at June 30, 2023, is shown below on an amortized cost basis, net of allowance for credit losses, and on a fair value basis. Actual disposition dates could differ from contractual maturities due to call or prepayment provisions. At June 30, 2023 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 175,156 $ 174,975 Due after one year through five years 1,122,352 1,118,516 Due after five years through ten years 1,651,261 1,673,707 Due after ten years through twenty years 8,041,646 7,621,151 Due after twenty years 7,500,129 6,321,930 Mortgage-backed and asset-backed securities 124,427 123,171 $ 18,614,971 $ 17,033,450
Schedule of Analysis of Investment Operations	"Net investment income" for the three and six month periods ended June 30, 2023 and 2022 is summarized as follows: Three Months Ended Six Months Ended 2023 2022 % Change 2023 2022 % Change Fixed maturities available for sale $ 234,187 $ 226,753 3 $ 466,486 $ 452,037 3 Policy loans 12,234 11,580 6 23,989 23,008 4 Other long-term investments (1) 16,936 10,703 58 32,679 23,416 40 Short-term investments 1,820 122 3,415 124 265,177 249,158 6 526,569 498,585 6 Less investment expense (3,933) (4,446) (12) (8,220) (8,979) (8) Net investment income $ 261,244 $ 244,712 7 $ 518,349 $ 489,606 6 (1) For the three months ended June 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $12.0 million and $8.6 million of distributions, respectively, in net investment income. For the six months ended June 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $23.3 million and $19.3 million of distributions, respectively, in net investment income. Refer to Other Long-Term Investments below
Schedule of Realized Gains (Losses) on Investments	Selected information about sales of fixed maturities available for sale is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Fixed maturities available for sale: Proceeds from sales (1) $ 130,119 $ 143,911 $ 145,824 $ 219,027 Gross realized gains 47 — 47 773 Gross realized losses (10,503) (41,168) (10,861) (44,847) (1) There were no unsettled sales in the periods ended June 30, 2023 and 2022. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (10,606) $ (22,421) $ (10,963) $ (17,872) Provision for credit losses (39,741) — (72,508) 387 Fair value option—change in fair value 5,228 947 7,086 (4,391) Other investments (724) (8,972) (385) (15,814) Realized gains (losses) from investments (45,843) (30,446) (76,770) (37,690) Applicable tax 9,627 6,394 16,122 7,915 Realized gains (losses), net of tax $ (36,216) $ (24,052) $ (60,648) $ (29,775)
Schedule of Fair Value of Fixed Maturities Measured on a Recurring Basis	The following tables represent the fair value of fixed maturities measured on a recurring basis at June 30, 2023 and December 31, 2022: Fair Value Measurement at June 30, 2023 Using: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 357,597 $ — $ 357,597 States, municipalities, and political subdivisions — 2,656,896 — 2,656,896 Foreign governments — 31,983 — 31,983 Corporates, by sector: Financial — 4,313,536 131,818 4,445,354 Utilities — 1,806,364 109,236 1,915,600 Energy — 1,355,556 10,548 1,366,104 Other corporate sectors — 5,926,843 209,902 6,136,745 Total corporates — 13,402,299 461,504 13,863,803 Collateralized debt obligations — — 42,305 42,305 Other asset-backed securities — 80,866 — 80,866 Total fixed maturities $ — $ 16,529,641 $ 503,809 $ 17,033,450 Percentage of total — % 97 % 3 % 100 % Fair Value Measurement at December 31, 2022 Using: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 355,498 $ — $ 355,498 States, municipalities, and political subdivisions — 2,309,911 — 2,309,911 Foreign governments — 42,464 — 42,464 Corporates, by sector: Financial — 4,332,495 133,936 4,466,431 Utilities — 1,723,832 111,315 1,835,147 Energy — 1,346,212 11,100 1,357,312 Other corporate sectors — 5,785,442 221,732 6,007,174 Total corporates — 13,187,981 478,083 13,666,064 Collateralized debt obligations — — 50,364 50,364 Other asset-backed securities — 79,064 — 79,064 Total fixed maturities $ — $ 15,974,918 $ 528,447 $ 16,503,365 Percentage of total — % 97 % 3 % 100 % The following tables disclose unrealized investment losses by class and major sector of fixed maturities available for sale at June 30, 2023 and December 31, 2022. Analysis of Gross Unrealized Investment Losses At June 30, 2023 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 264,407 $ (22,621) $ 91,011 $ (12,272) $ 355,418 $ (34,893) States, municipalities, and political subdivisions 687,842 (26,208) 1,272,595 (425,114) 1,960,437 (451,322) Foreign governments 6,983 (183) 25,000 (11,298) 31,983 (11,481) Corporates, by sector: Financial 1,245,647 (86,522) 1,711,745 (367,044) 2,957,392 (453,566) Utilities 439,647 (20,185) 516,783 (92,019) 956,430 (112,204) Energy 358,866 (13,942) 386,676 (69,247) 745,542 (83,189) Other corporate sectors 1,180,706 (64,024) 3,065,617 (558,042) 4,246,323 (622,066) Total corporates 3,224,866 (184,673) 5,680,821 (1,086,352) 8,905,687 (1,271,025) Collateralized debt obligations — — — — — — Other asset-backed securities 21,676 (884) 47,627 (4,968) 69,303 (5,852) Total investment grade securities 4,205,774 (234,569) 7,117,054 (1,540,004) 11,322,828 (1,774,573) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 53,329 (3,470) 106,673 (36,169) 160,002 (39,639) Utilities — — 28,035 (2,072) 28,035 (2,072) Energy — — 34,278 (10,410) 34,278 (10,410) Other corporate sectors 35,356 (189) 75,943 (14,021) 111,299 (14,210) Total corporates 88,685 (3,659) 244,929 (62,672) 333,614 (66,331) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,499 (631) 11,499 (631) Total below investment grade securities 88,685 (3,659) 256,428 (63,303) 345,113 (66,962) Total fixed maturities $ 4,294,459 $ (238,228) $ 7,373,482 $ (1,603,307) $ 11,667,941 $ (1,841,535) Analysis of Gross Unrealized Investment Losses At December 31, 2022 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 349,887 $ (38,218) $ 3,424 $ (750) $ 353,311 $ (38,968) States, municipalities, and political subdivisions 1,767,624 (453,149) 95,124 (52,298) 1,862,748 (505,447) Foreign governments 6,297 (201) 25,134 (12,505) 31,431 (12,706) Corporates, by sector: Financial 2,837,918 (426,132) 109,784 (42,173) 2,947,702 (468,305) Utilities 1,088,219 (116,272) 21,636 (6,268) 1,109,855 (122,540) Energy 855,853 (91,755) — — 855,853 (91,755) Other corporate sectors 4,155,986 (665,831) 94,299 (42,344) 4,250,285 (708,175) Total corporates 8,937,976 (1,299,990) 225,719 (90,785) 9,163,695 (1,390,775) Collateralized debt obligations — — — — — — Other asset-backed securities 60,157 (5,223) 7,960 (2,435) 68,117 (7,658) Total investment grade securities 11,121,941 (1,796,781) 357,361 (158,773) 11,479,302 (1,955,554) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 120,377 (18,901) 38,348 (17,283) 158,725 (36,184) Utilities 27,722 (3,173) — — 27,722 (3,173) Energy 14,480 (2,182) 20,075 (7,986) 34,555 (10,168) Other corporate sectors 166,159 (25,962) 6,670 (4,635) 172,829 (30,597) Total corporates 328,738 (50,218) 65,093 (29,904) 393,831 (80,122) Collateralized debt obligations — — — — — — Other asset-backed securities — — 10,874 (1,618) 10,874 (1,618) Total below investment grade securities 328,738 (50,218) 75,967 (31,522) 404,705 (81,740) Total fixed maturities $ 11,450,679 $ (1,846,999) $ 433,328 $ (190,295) $ 11,884,007 $ (2,037,294)
Schedule of Fair Value, Assets Measured on Recurring Basis Using Significant Unobservable Inputs	The following tables represent changes in fixed maturities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2023 $ — $ 50,364 $ 478,083 $ 528,447 Included in realized gains / losses — — — — Included in other comprehensive income — (8,042) (1,963) (10,005) Acquisitions — — — — Sales — — — — Amortization — 2,288 3 2,291 Other (1) — (2,305) (14,619) (16,924) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2023 $ — $ 42,305 $ 461,504 $ 503,809 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2022 $ — $ 63,505 $ 641,688 $ 705,193 Included in realized gains / losses — — — — Included in other comprehensive income — (11,098) (89,359) (100,457) Acquisitions — — — — Sales — — — — Amortization — 2,248 3 2,251 Other (1) — (1,954) (22,357) (24,311) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2022 $ — $ 52,701 $ 529,975 $ 582,676 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. The following table presents changes in unrealized gains and losses for the period included in accumulated other comprehensive income for assets held at the end of the reporting period for Level 3s: Changes in Unrealized Gains (Losses) included in Accumulated Other Comprehensive Income for Assets Held at the End of the Period Asset- Collateralized Corporates Total At June 30, 2023 $ — $ (8,042) $ (1,963) $ (10,005) At June 30, 2022 — (11,098) (89,359) (100,457)
Schedule of Additional Information about Investments in Unrealized Loss Position	The following table discloses information about fixed maturities available for sale in an unrealized loss position. Less than Twelve Months Twelve Months or Longer Total Number of issues (CUSIPs) held: As of June 30, 2023 682 1,355 2,037 As of December 31, 2022 1,819 157 1,976
Schedule of Fixed Maturities, Allowance for Credit Loss	A summary of the activity in the allowance for credit losses is as follows. Three Months Ended Six Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 32,767 $ — $ — $ 387 Additions to allowance for which credit losses were not previously recorded 38,228 — 72,508 — Additions (reductions) to allowance for fixed maturities that previously had an allowance 1,513 — — — Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period — — — (387) Allowance for credit losses ending balance $ 72,508 $ — $ 72,508 $ —
Schedule of Other Long-Term Investments	Other long-term investments consist of the following assets: June 30, December 31, 2022 Investment funds $ 759,157 $ 768,689 Commercial mortgage loan participations 221,466 181,305 Other 29,513 26,022 Total $ 1,010,136 $ 976,016
Schedule of Investment Funds	The following table presents additional information about the Company's investment funds as of June 30, 2023 and December 31, 2022 at fair value: Fair Value Unfunded Commitments Investment Category June 30, December 31, 2022 June 30, Redemption Term/Notice Commercial mortgage loans $ 404,782 $ 431,405 $ 583,694 Fully redeemable and non-redeemable with varying terms. Opportunistic credit 161,054 158,524 — Initial 2 year lock on each new investment/semi-annual withdrawals thereafter/full redemption within 36 month period. Infrastructure 161,071 159,534 21,648 Fully redeemable and non-redeemable with varying terms. Other 32,250 19,226 120,048 Total investment funds $ 759,157 $ 768,689 $ 725,390
Schedule of Commercial Mortgage Loan Participations	Summaries of commercial mortgage loans by property type and geographical location at June 30, 2023 and December 31, 2022 are as follows: June 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Property type: Mixed use $ 42,406 19 $ 62,375 34 Hospitality 25,074 11 27,796 15 Retail 23,818 11 15,342 9 Industrial 27,266 12 27,248 15 Multi-family 94,693 43 42,232 23 Office 11,137 5 8,101 5 Total recorded investment 224,394 101 183,094 101 Less allowance for credit losses (2,928) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 221,466 100 $ 181,305 100 June 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Geographic location: California $ 67,189 30 $ 64,477 36 Texas 43,051 19 22,905 13 New York 25,116 11 19,167 11 Washington 14,954 7 14,925 8 Massachusetts 14,941 7 — — Florida 33,324 15 33,182 18 Other 25,819 12 28,438 15 Total recorded investment 224,394 101 183,094 101 Less allowance for credit losses (2,928) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 221,466 100 $ 181,305 100 The following tables are reflective of the key factors, debt service coverage ratios, and loan-to-value (LTV) ratios that are utilized by management to monitor the performance of the portfolios. The Company only makes new investments in commercial mortgage loans that have a LTV ratio less than 80%. Generally, a higher LTV ratio and a lower debt service coverage ratio can potentially equate to higher risk of loss. June 30, 2023 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 9,296 $ 173,246 $ 20,444 $ 202,986 90 70% to 80% — 4,846 1,153 5,999 3 81% to 90% 8,374 — — 8,374 4 Greater than 90% 7,035 — — 7,035 3 Total $ 24,705 $ 178,092 $ 21,597 224,394 100 Less allowance for credit losses (2,928) Total, net of allowance for credit losses $ 221,466 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming. December 31, 2022 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 24,221 $ 108,156 $ 12,018 $ 144,395 79 70% to 80% — 22,120 1,238 23,358 13 81% to 90% 8,307 — — 8,307 4 Greater than 90% 7,034 — — 7,034 4 Total $ 39,562 $ 130,276 $ 13,256 183,094 100 Less allowance for credit losses (1,789) Total, net of allowance for credit losses $ 181,305 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by appraised value, including planned renovations and stabilized occupancy, at origination. Updated internal valuations are used when a loan is materially underperforming.
Schedule of Commercial Loan Participations, Allowance for Credit Loss	Three Months Ended Six Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 3,069 $ 827 $ 1,789 $ 827 Provision (reversal) for credit losses (141) 282 1,139 282 Allowance for credit losses ending balance $ 2,928 $ 1,109 $ 2,928 $ 1,109

Policy Liabilities (Tables)

Policy Liabilities (Tables)	6 Months Ended
Policy Liabilities (Tables)	Jun. 30, 2023
Policyholder Account Balance [Abstract]
Schedule of Liability for Future Policy Benefit, Activity	The following tables summarize the balance of and changes to the liability for future policy benefits for traditional life and health long-duration contracts on the Transition Date due to the adoption of ASU 2018-12: Net Liability for Future Policy Benefits - Long Duration Life American Income DTC Liberty National Other Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 3,541,317 $ 2,492,226 $ 2,140,071 $ 2,736,804 $ 10,910,418 Effect of changes in discount rate assumptions 3,334,600 2,195,430 1,229,610 2,297,835 9,057,475 Effect of capping and flooring (1) — 16,899 2,433 2 19,334 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 6,875,917 $ 4,704,555 $ 3,372,114 $ 5,034,641 $ 19,987,227 Net liability for Future Policy Benefits - Long Duration Health United American Family Heritage Liberty National American Income DTC Total Balance, net of reinsurance, at original discount rates as of December 31, 2020 $ 131,505 $ 1,383,128 $ 501,312 $ 101,998 $ (2,941) $ 2,115,002 Effect of changes in discount rate assumptions 75,652 497,250 219,992 60,366 346 853,606 Effect of capping and flooring (1) 6,506 — 19,324 — 4,193 30,023 Balance, net of reinsurance, at current discount rates as of January 1, 2021 $ 213,663 $ 1,880,378 $ 740,628 $ 162,364 $ 1,598 $ 2,998,631 The following table presents total policy liabilities, both before and after the Transition Date: January 1, December 31, 2021 2020 Future policy benefits: Net liability for future policy benefits—long duration life $ 19,987,227 $ 10,910,418 Net liability for future policy benefits—long duration health 2,998,631 2,115,002 Additional insurance liabilities (1),(2) 2,008,399 2,218,116 Total future policy benefits 24,994,257 15,243,536 Unearned and advance premium (1) 243,369 61,728 Policy claims and other benefits payable (1) 473,524 399,507 Other policyholders' funds (1) 98,459 97,968 Total policy liabilities $ 25,809,609 $ 15,802,739 (1) In addition to the discount rate related adjustments to future policy benefits, the Company reclassified certain balances within total policy liabilities on the Consolidated Balance Sheets as a result of adopting ASU 2018-12. The reclassifications had an immaterial impact on Shareholders' Equity. See table summarizing the transition adjustments to Shareholders' Equity below. (2) The Company's additional insurance liabilities consist primarily of: 1) deferred profit liability on limited-payment contracts; and 2) reserves on deferred annuity and interest sensitive life blocks of business. See Note 6—Policy Liabilities The following tables summarize balances and changes in the net liability for future policy benefits, before reinsurance, for traditional life long-duration contracts for the three and six month periods ended June 30, 2023 and 2022: Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 4,925,192 $ 7,264,905 $ 1,332,469 $ 559,972 $ 14,082,538 Beginning balance at original discount rates 3,906,098 5,533,741 1,040,242 416,141 10,896,222 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,340) (91,461) (9,125) (3,497) (121,423) Adjusted balance at January 1, 2022 3,888,758 5,442,280 1,031,117 412,644 10,774,799 Issuances (1) 420,277 338,996 48,806 15,597 823,676 Interest accrual (2) 86,841 135,858 25,585 10,304 258,588 Net premiums collected (3) (242,510) (300,778) (63,353) (21,627) (628,268) Effect of changes in the foreign exchange rate (7,272) — — — (7,272) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at January 1, 2023 $ 4,273,156 $ 5,910,224 $ 1,094,407 $ 470,741 $ 11,748,528 Beginning balance at original discount rates 4,246,723 5,680,864 1,066,123 449,209 11,442,919 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (69,352) (128,602) (15,593) (6,650) (220,197) Adjusted balance at January 1, 2023 4,177,371 5,552,262 1,050,530 442,559 11,222,722 Issuances (1) 376,021 313,748 60,848 14,611 765,228 Interest accrual (2) 96,850 142,473 26,655 11,331 277,309 Net premiums collected (3) (256,959) (308,129) (66,472) (23,026) (654,586) Effect of changes in the foreign exchange rate 5,770 — — — 5,770 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 4,646,747 $ 6,710,655 $ 1,224,988 $ 511,832 $ 13,094,222 Beginning balance at original discount rates 4,043,480 5,595,772 1,043,765 419,434 11,102,451 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (13,025) (61,865) (8,500) (5,149) (88,539) Adjusted balance at April 1, 2022 4,030,455 5,533,907 1,035,265 414,285 11,013,912 Issuances (1) 204,351 165,221 25,841 8,297 403,710 Interest accrual (2) 43,767 68,250 12,775 5,132 129,924 Net premiums collected (3) (122,307) (151,022) (31,726) (10,796) (315,851) Effect of changes in the foreign exchange rate (10,172) — — — (10,172) Ending balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of change from original to current discount rates 233,402 548,590 80,917 45,046 907,955 Balance at June 30, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Balance at April 1, 2023 $ 4,467,637 $ 6,110,550 $ 1,128,083 $ 483,056 $ 12,189,326 Beginning balance at original discount rates 4,325,957 5,718,900 1,070,775 448,677 11,564,309 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (39,371) (80,616) (10,004) (4,764) (134,755) Adjusted balance at April 1, 2023 4,286,586 5,638,284 1,060,771 443,913 11,429,554 Issuances (1) 183,466 144,796 30,706 7,370 366,338 Interest accrual (2) 48,952 71,484 13,368 5,661 139,465 Net premiums collected (3) (129,720) (154,210) (33,284) (11,469) (328,683) Effect of changes in the foreign exchange rate 9,769 — — — 9,769 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 11,773,519 $ 11,859,408 $ 4,542,697 $ 5,488,684 $ 33,664,308 Beginning balance at original discount rates 7,744,201 8,157,259 3,206,164 3,267,306 22,374,930 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (17,082) (87,036) (9,466) (4,473) (118,057) Adjusted balance at January 1, 2022 7,727,119 8,070,223 3,196,698 3,262,833 22,256,873 Issuances (1) 420,277 338,995 48,806 15,597 823,675 Interest accrual (2) 202,147 214,751 84,422 96,844 598,164 Benefit payments (3) (198,179) (329,201) (114,615) (63,170) (705,165) Effect of changes in the foreign exchange rate (16,658) — — — (16,658) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at January 1, 2023 $ 9,119,104 $ 9,225,451 $ 3,429,256 $ 3,976,150 $ 25,749,961 Beginning balance at original discount rates 8,409,761 8,477,892 3,272,980 3,403,704 23,564,337 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (72,388) (130,006) (13,119) (8,367) (223,880) Adjusted balance at January 1, 2023 8,337,373 8,347,886 3,259,861 3,395,337 23,340,457 Issuances (1) 376,021 313,749 60,848 14,611 765,229 Interest accrual (2) 220,666 226,661 86,722 101,129 635,178 Benefit payments (3) (194,971) (295,399) (109,650) (62,586) (662,606) Effect of changes in the foreign exchange rate 14,437 — — — 14,437 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 10,652,256 $ 10,750,349 $ 4,066,234 $ 4,848,375 $ 30,317,214 Beginning balance at original discount rates 7,959,694 8,238,501 3,208,055 3,290,269 22,696,519 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (14,123) (61,186) (9,619) (6,153) (91,081) Adjusted balance at April 1, 2022 7,945,571 8,177,315 3,198,436 3,284,116 22,605,438 Issuances (1) 204,351 165,220 25,841 8,297 403,709 Interest accrual (2) 101,811 107,823 42,192 48,564 300,390 Benefit payments (3) (93,858) (155,590) (51,158) (28,873) (329,479) Effect of changes in the foreign exchange rate (23,169) — — — (23,169) Ending balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of change from original to current discount rates 1,377,565 1,369,441 407,331 908,726 4,063,063 Balance at June 30, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Balance at April 1, 2023 $ 9,637,463 $ 9,624,680 $ 3,559,012 $ 4,166,527 $ 26,987,682 Beginning balance at original discount rates 8,573,734 8,563,604 3,284,594 3,427,535 23,849,467 Effect of changes in assumptions of future cash flows — — — — — Effect of actual variances from expected experience (40,862) (81,059) (6,065) (5,471) (133,457) Adjusted balance at April 1, 2023 8,532,872 8,482,545 3,278,529 3,422,064 23,716,010 Issuances (1) 183,466 144,797 30,706 7,370 366,339 Interest accrual (2) 111,337 113,893 43,466 50,751 319,447 Benefit payments (3) (98,297) (148,338) (54,920) (31,694) (333,249) Effect of changes in the foreign exchange rate 24,148 — — — 24,148 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Life Net liability for future policy benefits as of June 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 3,988,612 $ 2,678,412 $ 2,173,156 $ 2,895,186 $ 11,735,366 Effect of changes in discount rate assumptions 1,144,163 820,851 326,414 863,680 3,155,108 Net liability for future policy benefits at current discount rates 5,132,775 3,499,263 2,499,570 3,758,866 14,890,474 Other Adjustments (1) 21 2,239 (10,874) (37,397) (46,011) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,132,796 $ 3,501,502 $ 2,488,696 $ 3,721,469 $ 14,844,463 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Life Net liability for future policy benefits as of June 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,354,473 $ 2,892,543 $ 2,226,220 $ 3,003,016 $ 12,476,252 Effect of changes in discount rate assumptions 840,887 606,113 171,608 635,411 2,254,019 Net liability for future policy benefits at current discount rates 5,195,360 3,498,656 2,397,828 3,638,427 14,730,271 Other Adjustments (1) (70) 4,750 58 (36,437) (31,699) Net liability for future policy benefits, after other adjustments, at current discount rates $ 5,195,290 $ 3,503,406 $ 2,397,886 $ 3,601,990 $ 14,698,572 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for the three and six month periods ended June 30, 2023 and 2022: Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,611,659 $ 1,944,714 $ 517,368 $ 222,553 $ 121,724 $ 6,418,018 Beginning balance at original discount rates 2,949,851 1,688,590 414,409 178,801 96,776 5,328,427 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (35,736) (35,913) (24,189) (5,260) (1,543) (102,641) Adjusted balance at January 1, 2022 2,914,115 1,652,677 390,220 173,541 95,233 5,225,786 Issuances (1) 175,070 109,933 22,613 20,424 2,323 330,363 Interest accrual (2) 61,205 30,014 9,593 3,680 2,353 106,845 Net premiums collected (3) (127,736) (85,830) (25,685) (10,540) (5,157) (254,948) Effect of changes in the foreign exchange rate — — — (807) — (807) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at January 1, 2023 $ 2,908,501 $ 1,594,992 $ 423,490 $ 190,296 $ 90,143 $ 5,207,422 Beginning balance at original discount rates 2,941,261 1,729,219 415,442 192,631 87,751 5,366,304 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (28,923) (34,394) (27,833) (5,249) (1,895) (98,294) Adjusted balance at January 1, 2023 2,912,338 1,694,825 387,609 187,382 85,856 5,268,010 Issuances (1) 143,716 132,346 28,191 20,787 4,215 329,255 Interest accrual (2) 63,854 32,819 9,666 4,134 2,118 112,591 Net premiums collected (3) (134,248) (88,784) (25,286) (10,981) (5,349) (264,648) Effect of changes in the foreign exchange rate — — — 387 — 387 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,337,152 $ 1,790,237 $ 463,452 $ 208,064 $ 109,734 $ 5,908,639 Beginning balance at original discount rates 2,957,769 1,699,135 401,751 183,679 94,408 5,336,742 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 13,826 (20,751) (8,728) (2,795) 336 (18,112) Adjusted balance at April 1, 2022 2,971,595 1,678,384 393,023 180,884 94,744 5,318,630 Issuances (1) 85,036 56,415 11,798 9,972 1,443 164,664 Interest accrual (2) 30,866 15,074 4,721 1,849 1,171 53,681 Net premiums collected (3) (64,843) (43,079) (12,801) (5,288) (2,606) (128,617) Effect of changes in the foreign exchange rate — — — (1,119) — (1,119) Ending balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of change from original to current discount rates 116,052 (56,287) 28,536 7,238 7,681 103,220 Balance at June 30, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Balance at April 1, 2023 $ 2,997,723 $ 1,664,414 $ 421,447 $ 200,666 $ 90,243 $ 5,374,493 Beginning balance at original discount rates 2,948,641 1,750,468 404,647 197,446 85,966 5,387,168 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 5,210 (15,636) (11,249) (3,629) 679 (24,625) Adjusted balance at April 1, 2023 2,953,851 1,734,832 393,398 193,817 86,645 5,362,543 Issuances (1) 67,875 64,559 14,888 10,575 1,823 159,720 Interest accrual (2) 32,267 16,620 4,776 2,098 1,061 56,822 Net premiums collected (3) (68,333) (44,805) (12,882) (5,556) (2,689) (134,265) Effect of changes in the foreign exchange rate — — — 775 — 775 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio, and the gross premiums collected during the period on the in-force business. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 3,810,559 $ 3,840,322 $ 1,201,317 $ 380,915 $ 119,888 $ 9,353,001 Beginning balance at original discount rates 3,090,901 3,193,342 921,608 285,604 95,628 7,587,083 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (38,057) (37,106) (23,919) (5,684) (1,615) (106,381) Adjusted balance at January 1, 2022 3,052,844 3,156,236 897,689 279,920 94,013 7,480,702 Issuances (1) 174,828 109,933 22,792 20,424 2,310 330,287 Interest accrual (2) 65,107 59,584 24,035 6,886 2,352 157,964 Benefit payments (3) (132,751) (58,509) (48,379) (10,192) (6,532) (256,363) Effect of changes in the foreign exchange rate — — — (1,467) — (1,467) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at January 1, 2023 $ 3,046,829 $ 3,005,664 $ 941,574 $ 312,750 $ 87,532 $ 7,394,349 Beginning balance at original discount rates 3,080,633 3,336,344 904,865 303,713 85,212 7,710,767 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience (27,940) (36,292) (27,018) (6,018) (1,830) (99,098) Adjusted balance at January 1, 2023 3,052,693 3,300,052 877,847 297,695 83,382 7,611,669 Issuances (1) 143,404 132,346 27,901 20,787 4,208 328,646 Interest accrual (2) 67,592 65,320 23,526 7,389 2,118 165,945 Benefit payments (3) (146,921) (61,551) (48,395) (11,660) (6,520) (275,047) Effect of changes in the foreign exchange rate — — — 876 — 876 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 3,508,485 $ 3,476,639 $ 1,082,425 $ 351,631 $ 107,034 $ 8,526,214 Beginning balance at original discount rates 3,095,417 3,232,281 905,739 292,356 92,272 7,618,065 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 12,396 (21,437) (8,130) (3,040) 410 (19,801) Adjusted balance at April 1, 2022 3,107,813 3,210,844 897,609 289,316 92,682 7,598,264 Issuances (1) 84,924 56,415 11,926 9,972 1,434 164,671 Interest accrual (2) 32,799 30,001 11,916 3,454 1,170 79,340 Benefit payments (3) (65,508) (30,016) (25,314) (5,148) (3,143) (129,129) Effect of changes in the foreign exchange rate — — — (2,023) — (2,023) Ending balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of change from original to current discount rates 125,668 (137,367) 89,077 26,397 7,341 111,116 Balance at June 30, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Balance at April 1, 2023 $ 3,132,462 $ 3,174,672 $ 949,996 $ 326,533 $ 87,090 $ 7,670,753 Beginning balance at original discount rates 3,079,790 3,387,380 890,019 308,170 83,001 7,748,360 Effect of changes in assumptions of future cash flows — — — — — — Effect of actual variances from expected experience 3,503 (16,513) (11,023) (4,439) 472 (28,000) Adjusted balance at April 1, 2023 3,083,293 3,370,867 878,996 303,731 83,473 7,720,360 Issuances (1) 67,721 64,559 14,616 10,575 1,820 159,291 Interest accrual (2) 34,112 33,031 11,686 3,721 1,061 83,611 Benefit payments (3) (68,358) (32,290) (24,419) (4,523) (3,166) (132,756) Effect of changes in the foreign exchange rate — — — 1,583 — 1,583 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, lapse, and maturity benefit payments based on the revised expected assumptions. Health Net liability for future policy benefits as of June 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 137,374 $ 1,560,450 $ 499,396 $ 109,273 $ (2,609) $ 2,303,884 Effect of changes in discount rate assumptions 9,616 (81,080) 60,541 19,159 (340) 7,896 Net liability for future policy benefits at current discount rates 146,990 1,479,370 559,937 128,432 (2,949) 2,311,780 Other Adjustments (1) (1,405) (6,461) 1,998 48 4,007 (1,813) Net liability for future policy benefits, after other adjustments, at current discount rates $ 145,585 $ 1,472,909 $ 561,935 $ 128,480 $ 1,058 $ 2,309,967 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. Health Net liability for future policy benefits as of June 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 131,108 1,664,961 480,699 113,378 (3,652) 2,386,494 Effect of changes in discount rate assumptions 727 (158,520) 32,898 13,357 (166) (111,704) Net liability for future policy benefits at current discount rates 131,835 1,506,441 513,597 126,735 (3,818) 2,274,790 Other Adjustments (1) 1,104 (9,797) 4,671 605 4,645 1,228 Net liability for future policy benefits, after other adjustments, at current discount rates $ 132,939 $ 1,496,644 $ 518,268 $ 127,340 $ 827 $ 2,276,018 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. The following table reconciles the liability for future policy benefits to the Consolidated Balance Sheets as of June 30, 2023: At Original Discount Rates At Current Discount Rates As of June 30, As of June 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,354,403 $ 3,988,588 $ 5,195,290 $ 5,132,796 Direct to Consumer 2,892,543 2,678,413 3,503,406 3,501,502 Liberty National 2,218,639 2,161,743 2,397,886 2,488,696 Other 2,976,680 2,870,179 3,601,990 3,721,469 Net liability for future policy benefits—long duration life 12,442,265 11,698,923 14,698,572 14,844,463 Health (1) : United American 130,624 135,532 132,939 145,585 Family Heritage 1,654,616 1,551,200 1,496,644 1,472,909 Liberty National 484,458 500,950 518,268 561,935 American Income 113,981 109,318 127,340 128,480 Direct to Consumer 798 993 827 1,058 Net liability for future policy benefits—long duration health 2,384,477 2,297,993 2,276,018 2,309,967 Deferred profit liability 172,531 184,680 172,531 184,680 Deferred annuity 853,064 1,015,804 853,064 1,015,804 Interest sensitive life 736,920 742,293 736,920 742,293 Other 9,406 8,121 9,409 8,127 Total future policy benefits $ 16,598,663 $ 15,947,814 $ 18,746,514 $ 19,105,334 (1) Balances are presented net of the reinsurance recoverable and the effects of flooring the liability. The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: Life Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.8 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.0 % 5.1 % 5.1 % 5.1 % 4.8 % 4.8 % 4.7 % 4.7 % Health Weighted-average Discount Rates As of June 30, 2023 As of June 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.1 % 4.3 % 5.8 % 5.9 % 5.1 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 4.9 % 5.1 % 5.1 % 4.9 % 4.9 % 4.6 % 4.8 % 4.6 % 4.6 % 4.6 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of June 30, 2023 and 2022: As of June 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 22.91 23.45 22.88 23.50 Direct to Consumer 20.12 21.81 20.78 22.51 Liberty National 14.97 15.69 15.11 16.09 Other 16.44 18.19 16.70 18.76 Health United American 11.37 10.79 11.74 11.23 Family Heritage 14.87 14.41 15.36 15.00 Liberty National 9.34 9.68 9.02 9.52 American Income 12.12 12.73 12.51 13.25 Direct to Consumer 11.37 10.79 11.74 11.23 The following tables summarize the amount of gross premiums and interest, net of reinsurance, related to long duration life and health contracts that are recognized in the Condensed Consolidated Statements of Operations : Life Six Months Ended Six Months Ended Gross Interest Gross Interest American Income $ 781,453 $ 123,816 $ 745,128 $ 115,305 Direct to Consumer 490,443 84,062 486,929 78,834 Liberty National 169,570 59,670 159,453 58,592 Other 103,343 88,926 104,550 85,713 Total $ 1,544,809 $ 356,474 $ 1,496,060 $ 338,444 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 394,308 $ 62,385 $ 375,391 $ 58,043 Direct to Consumer 245,736 42,348 244,267 39,542 Liberty National 85,498 29,901 80,105 29,307 Other 51,507 44,652 52,163 43,016 Total $ 777,049 $ 179,286 $ 751,926 $ 169,908 Health Six Months Ended Six Months Ended Gross Interest Gross Interest United American $ 198,679 $ 3,604 $ 187,881 $ 3,791 Family Heritage 194,219 32,272 180,298 29,371 Liberty National 93,434 13,801 94,097 14,398 American Income 56,335 3,256 55,941 3,206 Direct to Consumer 7,097 — 7,130 — Total $ 549,764 $ 52,933 $ 525,347 $ 50,766 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 100,847 $ 1,782 $ 95,615 $ 1,878 Family Heritage 98,129 16,295 90,758 14,826 Liberty National 46,690 6,881 46,601 7,172 American Income 28,239 1,624 28,004 1,605 Direct to Consumer 3,555 — 3,594 — Total $ 277,460 $ 26,582 $ 264,572 $ 25,481
Schedule of Undiscounted and Discounted Expected Future Gross Premiums and Expected Future Benefits And Expenses	The following tables provide the undiscounted and discounted expected future net premiums, expected future gross premiums, and expected future policy benefits, at both original and current discount rates, for life and health contracts: Life As of June 30, 2023 As of June 30, 2022 Not discounted At original discount rates At current discount rates Not discounted At original discount rates At current discount rates American Income PV of expected future gross premiums $ 23,507,444 $ 13,292,363 $ 13,604,682 $ 22,241,655 $ 12,593,870 $ 13,403,810 PV of expected future net premiums 7,764,339 4,399,053 4,472,847 7,299,282 4,146,094 4,379,496 PV of expected future policy benefits 29,442,642 8,753,526 9,668,207 27,485,575 8,134,706 9,512,271 DTC PV of expected future gross premiums $ 17,486,509 $ 9,157,664 $ 9,599,872 $ 17,479,973 $ 9,139,637 $ 10,021,214 PV of expected future net premiums 10,811,358 5,700,354 5,988,577 10,669,169 5,616,356 6,164,946 PV of expected future policy benefits 25,685,249 8,592,897 9,487,233 25,039,202 8,294,768 9,664,209 Liberty National PV of expected future gross premiums $ 4,511,931 $ 2,630,182 $ 2,657,925 $ 4,305,035 $ 2,511,938 $ 2,653,354 PV of expected future net premiums 1,891,335 1,071,561 1,110,017 1,849,968 1,042,155 1,123,072 PV of expected future policy benefits 8,710,626 3,297,781 3,507,845 8,542,769 3,215,311 3,622,642 Other PV of expected future gross premiums $ 3,773,740 $ 1,909,405 $ 2,075,784 $ 3,888,394 $ 1,943,515 $ 2,219,226 PV of expected future net premiums 914,258 445,475 471,279 865,231 416,918 461,964 PV of expected future policy benefits 12,398,774 3,448,491 4,109,706 12,297,303 3,312,104 4,220,830 Total PV of expected future gross premiums $ 49,279,624 $ 26,989,614 $ 27,938,263 $ 47,915,057 $ 26,188,960 $ 28,297,604 PV of expected future net premiums 21,381,290 11,616,443 12,042,720 20,683,650 11,221,523 12,129,478 PV of expected future policy benefits 76,237,291 24,092,695 26,772,991 73,364,849 22,956,889 27,019,952 Health As of June 30, 2023 As of June 30, 2022 Not discounted At original discount rates At current discount rates Not discounted At original discount rates At current discount rates United American PV of expected future gross premiums $ 6,896,513 $ 4,338,871 $ 4,335,298 $ 7,009,500 $ 4,355,843 $ 4,522,406 PV of expected future net premiums 4,754,498 2,985,660 2,984,554 4,881,053 3,022,654 3,138,706 PV of expected future policy benefits 4,976,470 3,116,768 3,116,389 5,161,077 3,160,028 3,285,696 Family Heritage PV of expected future gross premiums $ 6,569,913 $ 3,903,618 $ 3,684,436 $ 5,972,275 $ 3,605,039 $ 3,512,619 PV of expected future net premiums 2,958,074 1,771,206 1,661,020 2,805,839 1,706,794 1,650,507 PV of expected future policy benefits 6,483,691 3,436,167 3,167,461 6,083,626 3,267,244 3,129,877 Liberty National PV of expected future gross premiums $ 2,212,104 $ 1,382,884 $ 1,429,939 $ 2,146,129 $ 1,341,205 $ 1,450,309 PV of expected future net premiums 627,206 400,180 409,551 631,366 396,741 425,277 PV of expected future policy benefits 1,561,839 880,879 923,148 1,576,325 896,137 985,214 American Income PV of expected future gross premiums $ 1,787,907 $ 998,307 $ 1,035,471 $ 1,734,015 $ 969,006 $ 1,043,861 PV of expected future net premiums 360,163 201,709 201,844 328,892 186,298 193,536 PV of expected future policy benefits 640,722 315,087 328,579 605,818 295,571 321,968 Direct to Consumer PV of expected future gross premiums $ 174,681 $ 114,216 $ 118,015 $ 203,964 $ 129,704 $ 140,200 PV of expected future net premiums 133,047 86,840 89,674 149,366 94,752 102,433 PV of expected future policy benefits 125,192 83,188 85,856 143,327 92,143 99,484 Total PV of expected future gross premiums $ 17,641,118 $ 10,737,896 $ 10,603,159 $ 17,065,883 $ 10,400,797 $ 10,669,395 PV of expected future net premiums 8,832,988 5,445,595 5,346,643 8,796,516 5,407,239 5,510,459 PV of expected future policy benefits 13,787,914 7,832,089 7,621,433 13,570,173 7,711,123 7,822,239
Schedule of Policyholder Account Balance	The following table summarizes the balances of, and changes in, policyholders’ account balances as of June 30, 2023 and 2022: Policyholders' Account Balances 2023 2022 Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Balance at January 1, $ 739,105 $ 954,318 $ 123,234 $ 745,335 $ 1,033,525 $ 99,468 Issuances — 371 — — 693 — Premiums received 11,664 8,104 68,409 12,387 14,074 3,892 Policy charges (6,516) — — (6,874) — — Surrenders and withdrawals (10,622) (87,271) (6,324) (10,753) (26,116) (5,642) Benefit payments (15,495) (37,412) — (18,361) (23,452) — Interest credited 14,191 14,745 3,339 14,365 16,590 2,258 Other 4,593 209 (785) 6,194 490 258 Balance at June 30, $ 736,920 $ 853,064 $ 187,873 $ 742,293 $ 1,015,804 $ 100,234 Policyholders' Account Balances 2023 2022 Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Balance at April 1, $ 737,900 $ 907,797 $ 142,686 $ 744,244 $ 1,027,087 $ 100,124 Issuances — 169 — — 353 — Premiums received 5,634 3,328 46,747 6,090 5,858 1,848 Policy charges (3,197) — — (3,400) — — Surrenders and withdrawals (5,238) (43,738) (3,021) (5,473) (14,243) (2,837) Benefit payments (7,651) (21,628) — (9,362) (11,379) — Interest credited 7,056 7,185 2,101 7,195 8,300 1,133 Other 2,416 (49) (640) 2,999 (172) (34) Balance at June 30, $ 736,920 $ 853,064 $ 187,873 $ 742,293 $ 1,015,804 $ 100,234 Weighted-average credit rate 3.88 % 3.30 % 5.18 % 3.93 % 3.29 % 4.60 % Net amount at risk $ 1,819,695 N/A N/A $ 1,924,662 N/A N/A Cash surrender value 675,044 853,064 187,872 691,193 1,015,786 100,234
Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate	The following tables present the policyholders' account balances by range of guaranteed minimum crediting rates and the related range of difference, if any, in basis points between rates being credited to policy holders and the respective guaranteed minimums: At June 30, 2023 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 2,076 $ 88,301 3.00%-3.99% 29,014 647,355 4,025 4.00%-4.99% 618,071 203,633 8,587 Greater than 5.00% 89,835 — 38,594 Total 736,920 853,064 139,507 51-150 basis points above Less than 3.00% — — — 3.00%-3.99% — — — 4.00%-4.99% — — 48,366 Greater than 5.00% — — — Total — — 48,366 Grand Total $ 736,920 $ 853,064 $ 187,873 At June 30, 2022 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 2,168 $ — 3.00%-3.99% 28,699 801,318 2,937 4.00%-4.99% 624,330 212,318 58,981 Greater than 5.00% 89,264 — 38,316 Total $ 742,293 $ 1,015,804 $ 100,234 51-150 basis points above Less than 3.00% $ — $ — $ — 3.00%-3.99% — — — 4.00%-4.99% — — — Greater than 5.00% — — — Total — — — Grand Total $ 742,293 $ 1,015,804 $ 100,234

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	6 Months Ended
Deferred Acquisition Costs (Tables)	Jun. 30, 2023
Insurance [Abstract]
Schedule of Analysis of Deferred Acquisition Costs	The following table presents the Company's deferred policy acquisition costs, both before and after the Transition Date: January 1, December 31, 2021 2020 Life: American Income $ 1,647,761 $ 1,647,761 Direct to Consumer 1,498,970 1,498,435 Liberty National 531,504 531,504 Other 304,786 304,459 Total life 3,983,021 3,982,159 Health: United American 65,020 74,353 Family Heritage 364,751 364,751 Liberty National 124,754 124,888 American Income 39,477 39,477 Direct to Consumer 2,215 6,600 Total health 596,217 610,069 Annuity 8,309 3,216 Total DAC $ 4,587,547 $ 4,595,444 The following table presents the effect of transition adjustments due to the adoption of ASU 2018-12 on Shareholders' Equity: Retained Earnings Accumulated Other Comprehensive Income (Loss) Other (1) Total Shareholders’ Equity, as of December 31, 2020 $ 5,874,109 $ 3,029,244 $ (132,261) $ 8,771,092 Effect of changes in discount rate assumptions — (7,829,753) — (7,829,753) Effect of capping and flooring (38,992) — — (38,992) Effect of removal of unrealized gain (loss) on DAC — 4,704 — 4,704 Other adjustments 26,470 — — 26,470 Shareholders’ Equity, as of January 1, 2021 $ 5,861,587 $ (4,795,805) $ (132,261) $ 933,521 The following tables roll forward the deferred policy acquisition costs for the three and six month periods ended June 30, 2023 and 2022: Life American Income DTC Liberty National Other Total Balance at January 1, 2022 $ 1,960,254 $ 1,583,695 $ 566,419 $ 301,647 $ 4,412,015 Capitalizations 230,021 93,657 42,814 7,018 373,510 Amortization expense (68,264) (46,618) (22,335) (8,393) (145,610) Foreign exchange adjustment (5,240) — — — (5,240) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 234,172 87,389 50,649 6,767 378,977 Amortization expense (77,742) (49,605) (25,163) (8,252) (160,762) Foreign exchange adjustment 2,759 — — — 2,759 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Life American Income DTC Liberty National Other Total Balance at April 1, 2022 $ 2,042,907 $ 1,608,739 $ 575,838 $ 300,936 $ 4,528,420 Capitalizations 115,593 45,441 22,349 3,531 186,914 Amortization expense (34,751) (23,446) (11,289) (4,195) (73,681) Foreign exchange adjustment (6,978) — — — (6,978) Experience adjustment — — — — — Balance at June 30, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Balance at April 1, 2023 $ 2,332,600 $ 1,699,588 $ 622,532 $ 297,542 $ 4,952,262 Capitalizations 118,777 39,979 26,428 3,446 188,630 Amortization expense (39,443) (24,852) (12,751) (4,127) (81,173) Foreign exchange adjustment 5,546 — — — 5,546 Experience adjustment — — — — — Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Health United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2022 $ 81,140 $ 388,967 $ 127,537 $ 49,406 $ 2,032 $ 649,082 Capitalizations 1,068 25,430 8,736 6,345 2 41,581 Amortization expense (3,034) (12,675) (6,681) (1,687) (89) (24,166) Foreign exchange adjustment — — — (288) — (288) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 996 30,591 9,734 6,320 — 47,641 Amortization expense (3,041) (13,200) (6,554) (1,903) (94) (24,792) Foreign exchange adjustment — — — 57 — 57 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Health United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2022 $ 80,204 $ 394,925 $ 128,338 $ 51,820 $ 1,988 $ 657,275 Capitalizations 488 13,067 4,615 3,190 2 21,362 Amortization expense (1,518) (6,270) (3,361) (858) (45) (12,052) Foreign exchange adjustment — — — (376) — (376) Experience adjustment — — — — — — Balance at June 30, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Balance at April 1, 2023 $ 76,388 $ 425,145 $ 134,728 $ 59,890 $ 1,807 $ 697,958 Capitalizations 489 15,494 4,852 3,177 — 24,012 Amortization expense (1,528) (6,640) (3,304) (965) (47) (12,484) Foreign exchange adjustment — — — 183 — 183 Experience adjustment — — — — — — Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of June 30, 2023: June 30, 2023 2022 Life American Income $ 2,417,480 $ 2,116,771 Direct to Consumer 1,714,715 1,630,734 Liberty National 636,209 586,898 Other 296,861 300,272 Total DAC - Life 5,065,265 4,634,675 Health United American 75,349 79,174 Family Heritage 433,999 401,722 Liberty National 136,276 129,592 American Income 62,285 53,776 Direct to Consumer 1,760 1,945 Total DAC - Health 709,669 666,209 Annuity 3,798 5,536 Tota l $ 5,778,732 $ 5,306,420

Liability for Unpaid Claims (Ta

Liability for Unpaid Claims (Tables)	6 Months Ended
Liability for Unpaid Claims (Tables)	Jun. 30, 2023
Insurance [Abstract]
Schedule of Liability for Unpaid Health Claims	Activity in the liability for unpaid health claims is summarized as follows: June 30, December 31, Balance at beginning of period $ 182,202 $ 171,109 Incurred related to: Current year 346,586 676,190 Prior year (3,905) (15,631) Total incurred 342,681 660,559 Paid related to: Current year 216,609 517,856 Prior year 123,512 131,610 Total paid 340,121 649,466 Balance at end of period $ 184,762 $ 182,202
Schedule of Reconciliation of Policy Claims and Other Benefits Payable	Below is the reconciliation of the liability of " Policy claims and other benefits payable" in the Consolidated Balance Sheets . June 30, December 31, Policy claims and other benefits payable: Life insurance $ 326,167 $ 325,017 Health insurance 184,762 182,202 Total $ 510,929 $ 507,219

Postretirement Benefits (Tables

Postretirement Benefits (Tables)	6 Months Ended
Postretirement Benefits (Tables)	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Pension Assets by Component at Fair Value	Pension Assets: The following table presents the assets of the Company's Pension Plans at June 30, 2023 and December 31, 2022. Pension Assets by Component at June 30, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Corporate bonds: Financial $ — $ 14,975 $ — $ 14,975 3 Utilities — 2,964 — 2,964 1 Energy — 2,314 — 2,314 — Other corporates — 12,196 — 12,196 2 Total corporate bonds — 32,449 — 32,449 6 Exchange traded fund (1) 300,647 — — 300,647 56 U.S. Government and Agency — 128,725 — 128,725 24 Other bonds — 6 — 6 — Guaranteed annuity contract (2) — 43,112 — 43,112 8 Short-term investments 14,695 — — 14,695 3 Other 5,021 — — 5,021 1 $ 320,363 $ 204,292 $ — 524,655 98 Other long-term investments (3) 12,952 2 Total pension assets $ 537,607 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Included in other long-term investments is an investment fund that reports the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value per share or its equivalent (NAV), as a practical expedient for fair value. The Globe Life Inc. Pension Plan owns less than 1% of the investment fund. As of June 30, 2023, the expected term of the investment fund is approximately 2 years and the commitment of the investment is fully funded. The investment is non-redeemable. Pension Assets by Component at December 31, 2022 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Corporate bonds: Financial $ — $ 35,649 $ — $ 35,649 7 Utilities — 23,436 — 23,436 5 Energy — 12,776 — 12,776 3 Other corporates — 56,786 — 56,786 11 Total corporate bonds — 128,647 — 128,647 26 Exchange traded fund (1) 258,297 — — 258,297 52 U.S. Government and Agency — 44,213 — 44,213 9 Other bonds — 200 — 200 — Guaranteed annuity contract (2) — 43,116 — 43,116 8 Short-term investments 4,467 — — 4,467 1 Other 6,547 — — 6,547 1 $ 269,311 $ 216,176 $ — 485,487 97 Other long-term investments (3) 14,288 3 Total pension assets $ 499,775 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan.
Schedule of Information Regarding the SERP	The following table includes information regarding the SERP. Six Months Ended 2023 2022 Premiums paid for insurance coverage $ 443 $ 443 June 30, December 31, Total investments: Company owned life insurance $ 54,458 $ 54,681 Exchange traded funds 79,467 71,258 $ 133,925 $ 125,939
Schedule of Pension Liability	The following table presents liabilities for the defined benefit pension plans and SERP at June 30, 2023 and December 31, 2022. June 30, December 31, Pension Plans $ 534,621 $ 492,103 SERP 70,883 70,464 Pension benefit obligation $ 605,504 $ 562,567
Schedule of Net Periodic Benefit Cost	The following table presents the net periodic benefit costs for the Pension Plans and SERP by expense components for the three and six month periods ended June 30, 2023 and 2022. Components of Net Periodic Benefit Cost Three Months Ended Six Months Ended 2023 2022 2023 2022 Service cost $ 5,390 $ 8,656 $ 10,782 $ 17,311 Interest cost 7,834 6,121 15,668 12,244 Expected return on assets (9,656) (8,885) (19,312) (17,770) Amortization: Prior service cost 269 158 538 316 Actuarial (gain) loss (52) 3,208 (104) 6,417 Net periodic benefit cost $ 3,785 $ 9,258 $ 7,572 $ 18,518

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Reconciliation of Basic and Diluted Weighted-Average Shares Outstanding	A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended 2023 2022 2023 2022 Basic weighted average shares outstanding 95,330,416 98,222,993 95,856,391 98,745,402 Weighted average dilutive options outstanding 921,019 717,686 1,228,920 841,940 Diluted weighted average shares outstanding 96,251,435 98,940,679 97,085,311 99,587,342 Antidilutive shares 492,970 3,882,884 351,343 2,232,662

Debt (Tables)

Debt (Tables)	6 Months Ended
Debt (Tables)	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of Selected Information about Debt Issues	The following table presents information about the terms and outstanding balances of Globe Life's debt. Selected Information about Debt Issues As of June 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 5/27/1993 5/15/2023 7.875% $ — $ — $ — $ — $ 165,500 Senior notes 9/27/2018 9/15/2028 4.550% 550,000 (4,058) 545,942 531,146 545,601 Senior notes 8/21/2020 8/15/2030 2.150% 400,000 (3,555) 396,445 315,536 396,219 Senior notes (1) 5/19/2022 6/15/2032 4.800% 250,000 (4,317) 245,683 239,521 245,493 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,582) 123,418 122,104 123,410 Junior subordinated debentures 6/14/2021 6/15/2061 4.250% 325,000 (7,732) 317,268 255,580 317,229 Term loan (2) 5/11/2023 11/11/2024 6.200% 170,000 (639) 169,361 169,361 — 1,820,000 (21,883) 1,798,117 1,633,248 1,793,452 Less current maturity of long-term debt — — — — 165,500 Total long-term debt 1,820,000 (21,883) 1,798,117 1,633,248 1,627,952 Current maturity of long-term debt — — — — 165,500 Commercial paper 260,000 (1,768) 258,232 258,232 283,603 Total short-term debt 260,000 (1,768) 258,232 258,232 449,103 Total debt $ 2,080,000 $ (23,651) $ 2,056,349 $ 1,891,480 $ 2,077,055 (1) An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation. (2) Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points.

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
Business Segments (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Premium Income by Distribution Channel	The following tables present segment premium revenue by each of Globe Life's distribution channels. Premium Income by Distribution Channel Three Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 394,620 51 $ 29,527 9 $ — — $ 424,147 38 Direct to Consumer 248,607 32 17,175 5 — — 265,782 24 Liberty National 86,634 11 46,903 14 — — 133,537 12 United American 1,849 — 137,453 42 — — 139,302 13 Family Heritage 1,513 — 98,129 30 — — 99,642 9 Other 48,510 6 — — — — 48,510 4 $ 781,733 100 $ 329,187 100 $ — — $ 1,110,920 100 Premium Income by Distribution Channel Three Months Ended June 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 375,748 50 $ 29,411 9 $ — — $ 405,159 38 Direct to Consumer 247,264 33 17,848 6 — — 265,112 25 Liberty National 81,316 11 46,846 15 — — 128,162 12 United American 2,003 — 135,444 42 — — 137,447 13 Family Heritage 1,373 — 90,758 28 — — 92,131 8 Other 49,188 6 — — — — 49,188 4 $ 756,892 100 $ 320,307 100 $ — — $ 1,077,199 100 Six Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 782,132 51 $ 59,121 9 $ — — $ 841,253 38 Direct to Consumer 496,274 32 34,423 5 — — 530,697 24 Liberty National 171,837 11 93,875 14 — — 265,712 12 United American 3,731 — 270,060 42 — — 273,791 12 Family Heritage 2,993 — 194,201 30 — — 197,194 9 Other 97,363 6 — — — — 97,363 5 $ 1,554,330 100 $ 651,680 100 $ — — $ 2,206,010 100 Six Months Ended June 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 745,854 49 $ 58,177 9 $ — — $ 804,031 37 Direct to Consumer 492,996 33 35,776 6 — — 528,772 25 Liberty National 161,876 11 94,606 15 — — 256,482 12 United American 4,077 — 267,134 42 — — 271,211 13 Family Heritage 2,732 — 180,298 28 — — 183,030 8 Other 98,485 7 — — — — 98,485 5 $ 1,506,020 100 $ 635,991 100 $ — — $ 2,142,011 100
Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations	The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Three Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 781,733 $ 329,187 $ — $ — $ — $ — $ 1,110,920 Net investment income — — — 261,244 — — 261,244 Other income — — — — 85 — 85 Total revenue 781,733 329,187 — 261,244 85 — 1,372,249 Expenses: Policy benefits 512,664 195,924 7,107 1,815 — — 717,510 Required interest on reserves (191,781) (26,548) (9,715) 228,044 — — — Amortization of acquisition costs 81,173 12,484 423 — — — 94,080 Commissions, premium taxes, and non-deferred acquisition costs 83,547 54,908 4 — — — 138,459 Insurance administrative expense (1) — — — — 75,459 75,459 Parent expense — — — — 3,088 — 3,088 Stock-based compensation expense — — — — 7,486 — 7,486 Interest expense — — — — 25,818 — 25,818 Total expenses 485,603 236,768 (2,181) 229,859 111,851 — 1,061,900 Subtotal 296,130 92,419 2,181 31,385 (111,766) — 310,349 Non-operating items — — — — — — Measure of segment profitability (pretax) $ 296,130 $ 92,419 $ 2,181 $ 31,385 $ (111,766) $ — 310,349 Realized gain (loss)—investments (45,843) Income before income taxes per Condensed Consolidated Statements of Operations $ 264,506 (1) Administrative expense is not allocated to insurance segments. Three Months Ended June 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 756,892 $ 320,307 $ — $ — $ — $ — $ 1,077,199 Net investment income — — — 244,712 — — 244,712 Other income — — — — 299 — 299 Total revenue 756,892 320,307 — 244,712 299 — 1,322,210 Expenses: Policy obligations 492,364 190,075 7,922 1,070 — — 691,431 Required interest on reserves (182,756) (25,460) (11,361) 219,577 — — — Amortization of acquisition costs 73,681 12,052 452 — — — 86,185 Commissions, premium taxes, and non-deferred acquisition costs 74,478 51,729 6 — — — 126,213 Insurance administrative expense (1) — — — — 73,700 4,985 (2) 78,685 Parent expense — — — — 2,893 (368) (2) 2,525 Stock-based compensation expense — — — — 8,448 — 8,448 Interest expense — — — — 21,828 — 21,828 Total expenses 457,767 228,396 (2,981) 220,647 106,869 4,617 1,015,315 Subtotal 299,125 91,911 2,981 24,065 (106,570) (4,617) 306,895 Non-operating items — — — — — 4,617 (2) 4,617 Measure of segment profitability (pretax) $ 299,125 $ 91,911 $ 2,981 $ 24,065 $ (106,570) $ — 311,512 Realized gain (loss)—investments (30,446) Non-operating expenses (4,617) Income before income taxes per Condensed Consolidated Statements of Operations $ 276,449 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note—1 Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Six Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,554,330 $ 651,680 $ — $ — $ — $ — $ 2,206,010 Net investment income — — — 518,349 — — 518,349 Other income — — — — 135 — 135 Total revenue 1,554,330 651,680 — 518,349 135 — 2,724,494 Expenses: Policy obligations 1,020,641 386,886 14,648 3,262 — — 1,425,437 Required interest on reserves (381,602) (52,871) (19,974) 454,447 — — — Amortization of acquisition costs 160,762 24,792 848 — — — 186,402 Commissions, premium taxes, and non-deferred acquisition costs 167,125 109,122 9 — — — 276,256 Insurance administrative expense (1) — — — — 149,366 149,366 Parent expense — — — — 5,673 5,673 Stock-based compensation expense — — — — 15,165 — 15,165 Interest expense — — — — 50,685 — 50,685 Total expenses 966,926 467,929 (4,469) 457,709 220,889 — 2,108,984 Subtotal 587,404 183,751 4,469 60,640 (220,754) — 615,510 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 587,404 $ 183,751 $ 4,469 $ 60,640 $ (220,754) $ — 615,510 Realized gain (loss)—investments (76,770) Income before income taxes per Consolidated Statements of Operations $ 538,740 (1) Administrative expense is not allocated to insurance segments. Six Months Ended June 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,506,020 $ 635,991 $ — $ — $ — $ — $ 2,142,011 Net investment income — — — 489,606 — — 489,606 Other income — — — — 463 — 463 Total revenue 1,506,020 635,991 — 489,606 463 — 2,632,080 Expenses: Policy obligations 987,793 379,093 16,564 2,130 — — 1,385,580 Required interest on reserves (364,128) (50,730) (22,728) 437,586 — — — Amortization of acquisition costs 145,610 24,166 905 — — — 170,681 Commissions, premium taxes, and non-deferred acquisition costs 148,026 103,681 15 — — — 251,722 Insurance administrative expense (1) — — — — 146,265 5,097 (2) 151,362 Parent expense — — — — 5,533 (368) (2) 5,165 Stock-based compensation expense — — — — 17,483 — 17,483 Interest expense — — — — 41,772 — 41,772 Total expenses 917,301 456,210 (5,244) 439,716 211,053 4,729 2,023,765 Subtotal 588,719 179,781 5,244 49,890 (210,590) (4,729) 608,315 Non-operating items — — — — — 4,729 (2) 4,729 Measure of segment profitability (pretax) $ 588,719 $ 179,781 $ 5,244 $ 49,890 $ (210,590) $ — 613,044 Realized gain (loss)—investments (37,690) Non-operating expenses (4,729) Income before income taxes per Consolidated Statements of Operations $ 570,625 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses.

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2023 segment
Significant of Account Policies [Line Items]
Number of reportable segments	4
Life insurance
Significant of Account Policies [Line Items]
Proportion of future policy reserves which are not universal life type	92%

New Accounting Standards - Sche

New Accounting Standards - Schedule of Liability for Future Policy Benefits, Nonparticipating Traditional Life (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at current discount rates as of January 1, 2021	$ 18,746,514	$ 18,040,042
As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at current discount rates as of January 1, 2021		$ 16,721,846
Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	2,680,296		$ 4,063,063		$ 9,057,475
Effect of capping and flooring					19,334
Balance, net of reinsurance, at current discount rates as of January 1, 2021	14,698,572		14,844,463	$ 19,987,227
Life \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					10,910,418
Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	(210,656)		111,116		853,606
Effect of capping and flooring					30,023
Balance, net of reinsurance, at current discount rates as of January 1, 2021	2,276,018		2,309,967	2,998,631
Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					2,115,002
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	(379)		125,668		75,652
Effect of capping and flooring					6,506
Balance, net of reinsurance, at current discount rates as of January 1, 2021	132,939		145,585	213,663
United American \| Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					131,505
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	(268,706)		(137,367)		497,250
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	1,496,644		1,472,909	1,880,378
Family Heritage \| Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					1,383,128
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	210,064		407,331		1,229,610
Effect of capping and flooring					2,433
Balance, net of reinsurance, at current discount rates as of January 1, 2021	2,397,886		2,488,696	3,372,114
Liberty National \| Life \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					2,140,071
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	42,269		89,077		219,992
Effect of capping and flooring					19,324
Balance, net of reinsurance, at current discount rates as of January 1, 2021	518,268		561,935	740,628
Liberty National \| Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					501,312
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	914,681		1,377,565		3,334,600
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	5,195,290		5,132,796	6,875,917
American Income \| Life \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					3,541,317
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	13,492		26,397		60,366
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	127,340		128,480	162,364
American Income \| Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					101,998
DTC \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	894,336		1,369,441		2,195,430
Effect of capping and flooring					16,899
Balance, net of reinsurance, at current discount rates as of January 1, 2021	3,503,406		3,501,502	4,704,555
DTC \| Life \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					2,492,226
DTC \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	2,668		7,341		346
Effect of capping and flooring					4,193
Balance, net of reinsurance, at current discount rates as of January 1, 2021	$ 827		$ 1,058	1,598
DTC \| Health \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					(2,941)
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions					2,297,835
Effect of capping and flooring					2
Balance, net of reinsurance, at current discount rates as of January 1, 2021				$ 5,034,641
Other \| Life \| As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Balance, net of reinsurance, at original discount rates as of December 31, 2020					$ 2,736,804

New Accounting Standards - Sc_2

New Accounting Standards - Schedule of Liability For Future Policy Benefits To Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Total future policy benefits				$ 24,994,257	$ 15,243,536
Additional insurance liabilities				2,008,399	2,218,116
Unearned and advance premium	$ 266,710	$ 253,140		243,369	61,728
Policy claims and other benefits payable	510,929	507,219		473,524	399,507
Other policyholders' funds	187,873	123,236		98,459	97,968
Total policy liabilities	19,712,026	$ 18,923,637		25,809,609	15,802,739
Life
Liability for Future Policy Benefit, Activity [Line Items]
Total future policy benefits	14,730,271		$ 14,890,474	19,987,227	10,910,418
Health
Liability for Future Policy Benefit, Activity [Line Items]
Total future policy benefits	$ 2,274,790		$ 2,311,780	$ 2,998,631	$ 2,115,002

New Accounting Standards - Sc_3

New Accounting Standards - Schedule of Deferred Policy Acquisition Costs to Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 5,778,732		$ 5,535,697	$ 5,306,420			$ 4,587,547	$ 4,595,444
Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	5,065,265	$ 4,952,262	4,844,291	4,634,675	$ 4,528,420	$ 4,412,015	3,983,021	3,982,159
Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	709,669	697,958	686,763	666,209	657,275	649,082	596,217	610,069
Annuity
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	3,798			5,536			8,309	3,216
American Income \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,417,480	2,332,600	2,258,291	2,116,771	2,042,907	1,960,254	1,647,761	1,647,761
American Income \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	62,285	59,890	57,811	53,776	51,820	49,406	39,477	39,477
Direct to Consumer \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,714,715	1,699,588	1,676,931	1,630,734	1,608,739	1,583,695	1,498,970	1,498,435
Direct to Consumer \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,760	1,807	1,854	1,945	1,988	2,032	2,215	6,600
Liberty National \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	636,209	622,532	610,723	586,898	575,838	566,419	531,504	531,504
Liberty National \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	136,276	134,728	133,096	129,592	128,338	127,537	124,754	124,888
Other \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	296,861	297,542	298,346	300,272	300,936	301,647	304,786	304,459
United American \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	75,349	76,388	77,394	79,174	80,204	81,140	65,020	74,353
Family Heritage \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 433,999	$ 425,145	$ 416,608	$ 401,722	$ 394,925	$ 388,967	$ 364,751	$ 364,751

New Accounting Standards - Sc_4

New Accounting Standards - Schedule of Liability For Future Policy Benefits To Consolidated Statements of Shareholders' Equity: (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Shareholders’ Equity, as of December 31, 2020	$ 3,980,306	$ 3,846,291	$ 3,949,577	$ 3,220,303	$ 2,544,275	$ 2,003,808	$ 933,521	$ 8,771,092
Shareholders’ Equity, as of January 1, 2021	3,980,306	3,846,291	3,949,577	3,220,303	2,544,275	2,003,808	933,521	8,771,092
Cumulative Effect, Period of Adoption, Adjustment
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of changes in discount rate assumptions								(7,829,753)
Effect of capping and flooring								(38,992)
Effect of removal of unrealized gain (loss) on DAC								4,704
Other adjustments								26,470
Retained Earnings
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Shareholders’ Equity, as of December 31, 2020	7,285,809	7,092,544	6,894,535	6,863,681	6,662,365	6,455,733	5,861,587	5,874,109
Shareholders’ Equity, as of January 1, 2021	7,285,809	7,092,544	6,894,535	6,863,681	6,662,365	6,455,733	5,861,587	5,874,109
Retained Earnings \| Cumulative Effect, Period of Adoption, Adjustment
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of changes in discount rate assumptions								0
Effect of capping and flooring								(38,992)
Effect of removal of unrealized gain (loss) on DAC								0
Other adjustments								26,470
Accumulated Other Comprehensive Income (Loss)
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Shareholders’ Equity, as of December 31, 2020	(2,943,897)	(2,961,093)	(2,790,313)	(3,228,025)	(3,827,006)	(4,235,048)	(4,795,805)	3,029,244
Shareholders’ Equity, as of January 1, 2021	$ (2,943,897)	$ (2,961,093)	$ (2,790,313)	$ (3,228,025)	$ (3,827,006)	$ (4,235,048)	(4,795,805)	3,029,244
Accumulated Other Comprehensive Income (Loss) \| Cumulative Effect, Period of Adoption, Adjustment
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of changes in discount rate assumptions								(7,829,753)
Effect of capping and flooring								0
Effect of removal of unrealized gain (loss) on DAC								4,704
Other adjustments								0
Other
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Shareholders’ Equity, as of December 31, 2020							(132,261)	(132,261)
Shareholders’ Equity, as of January 1, 2021							$ (132,261)	(132,261)
Other \| Cumulative Effect, Period of Adoption, Adjustment
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of changes in discount rate assumptions								0
Effect of capping and flooring								0
Effect of removal of unrealized gain (loss) on DAC								0
Other adjustments								$ 0

New Accounting Standards - Sc_5

New Accounting Standards - Schedule of Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Jan. 01, 2021	Dec. 31, 2020
Assets:
Other receivables	$ 601,787	$ 589,079
Deferred acquisition costs	5,778,732	5,535,697	$ 5,306,420	$ 4,587,547	$ 4,595,444
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,598,663; 2022—$16,306,870)	18,746,514	18,040,042
Unearned and advance premium	266,710	253,140		243,369	61,728
Policy claims and other benefits payable	510,929	507,219		$ 473,524	$ 399,507
Accrued Income Taxes	404,480	434,649
Shareholders' equity:
Accumulated other comprehensive income	(2,943,897)	(2,790,313)
Retained earnings	$ 7,285,809	6,894,535
As Previously Reported
Assets:
Other receivables		484,887
Deferred acquisition costs		5,249,907
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,598,663; 2022—$16,306,870)		16,721,846
Unearned and advance premium		60,742
Policy claims and other benefits payable		430,027
Accrued Income Taxes		686,172
Shareholders' equity:
Accumulated other comprehensive income		(1,415,714)
Retained earnings		6,466,220
Adoption Impact
Assets:
Other receivables		104,192
Deferred acquisition costs		285,790
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,598,663; 2022—$16,306,870)		1,318,196
Unearned and advance premium		192,398
Policy claims and other benefits payable		77,192
Accrued Income Taxes		(251,523)
Shareholders' equity:
Accumulated other comprehensive income		(1,374,599)
Retained earnings		$ 428,315

New Accounting Standards - Sc_6

New Accounting Standards - Schedule of Statements of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Premium		$ 1,110,920	$ 1,077,199	$ 2,206,010	$ 2,142,011
Net investment income		261,244	244,712	518,349	489,606
Benefits and expenses:
Life policyholder benefits	[1]	512,664	492,364	1,020,641	987,793
Health policyholder benefits	[2]	195,924	190,075	386,886	379,093
Other policyholder benefits		8,922	8,992	17,910	18,694
Amortization of deferred acquisition costs		94,080	86,185	186,402	170,681
Commissions, premium taxes, and non-deferred acquisition costs		138,459	126,213	276,256	251,722
Income before income taxes		264,506	276,449	538,740	570,625
Income tax benefit (expense)		(49,246)	(52,476)	(99,870)	(109,168)
Net income		$ 215,260	$ 223,973	$ 438,870	$ 461,457
Basic net income per common share (in dollars per share)		$ 2.26	$ 2.28	$ 4.58	$ 4.67
Diluted net income per common share (in dollars per share)		$ 2.24	$ 2.26	$ 4.52	$ 4.63
As Previously Reported
Revenue:
Net investment income			$ 243,642		$ 487,476
Benefits and expenses:
Life policyholder benefits			511,034		1,060,377
Health policyholder benefits			197,218		394,073
Other policyholder benefits			7,074		14,124
Amortization of deferred acquisition costs			155,205		313,589
Commissions, premium taxes, and non-deferred acquisition costs			93,595		184,408
Income before income taxes			216,996		418,611
Income tax benefit (expense)			(39,992)		(77,246)
Net income			$ 177,004		$ 341,365
Basic net income per common share (in dollars per share)			$ 1.80		$ 3.46
Diluted net income per common share (in dollars per share)			$ 1.79		$ 3.43
Adoption Impact
Revenue:
Net investment income			$ 1,070		$ 2,130
Benefits and expenses:
Life policyholder benefits			(18,670)		(72,584)
Health policyholder benefits			(7,143)		(14,980)
Other policyholder benefits			1,918		4,570
Amortization of deferred acquisition costs			(69,020)		(142,908)
Commissions, premium taxes, and non-deferred acquisition costs			32,618		67,314
Income before income taxes			59,453		152,014
Income tax benefit (expense)			(12,484)		(31,922)
Net income			$ 46,969		$ 120,092
Basic net income per common share (in dollars per share)			$ 0.48		$ 1.21
Diluted net income per common share (in dollars per share)			$ 0.47		$ 1.20
Life insurance
Revenue:
Premium		$ 781,733	$ 756,892	$ 1,554,330	$ 1,506,020
Life insurance \| As Previously Reported
Revenue:
Premium			759,924		1,514,526
Life insurance \| Adoption Impact
Revenue:
Premium			(3,032)		(8,506)
Health premium
Revenue:
Premium		$ 329,187	320,307	$ 651,680	635,991
Health premium \| As Previously Reported
Revenue:
Premium			319,189		636,189
Health premium \| Adoption Impact
Revenue:
Premium			$ 1,118		$ (198)

[1]Net of remeasurement gain of $2.4 million and $1.7 million for the three months ended June 30, 2023 and 2022, respectively. Net of remeasurement gain of $5.1 million for the six months ended June 30, 2023 and a remeasurement loss of $4.1 million for the same period in 2022.[2]Net of remeasurement gain of $2.6 million and $2.1 million for the three months ended June 30, 2023 and 2022, respectively. Net of remeasurement gain of $532 thousand and $4.0 million for the six months ended June 30, 2023 and 2022, respectively.

Supplemental Information abou_3

Supplemental Information about Changes to Accumulated Other Comprehensive Income - Schedule of Change in Balance by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	$ 3,846,291	$ 2,544,275	$ 3,949,577	$ 2,003,808
Other comprehensive income (loss) before reclassifications, net of tax	(21,593)	578,678	(218,082)	987,189
Reclassifications, net of tax	38,789	20,303	64,498	19,834
Other comprehensive income (loss)	17,196	598,981	(153,584)	1,007,023
Ending balance	3,980,306	3,220,303	3,980,306	3,220,303
Total
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(2,961,093)	(3,827,006)	(2,790,313)	(4,235,048)
Ending balance	(2,943,897)	(3,228,025)	(2,943,897)	(3,228,025)
Available for Sale Assets
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,016,764)	950,921	(1,420,672)	2,765,290
Other comprehensive income (loss) before reclassifications, net of tax	(271,681)	(1,611,891)	106,481	(3,423,076)
Reclassifications, net of tax	39,046	17,585	64,792	14,401
Other comprehensive income (loss)	(232,635)	(1,594,306)	171,273	(3,408,675)
Ending balance	(1,249,399)	(643,385)	(1,249,399)	(643,385)
Future Policy Benefits
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,938,707)	(4,699,555)	(1,369,204)	(6,915,910)
Other comprehensive income (loss) before reclassifications, net of tax	241,906	2,205,113	(327,597)	4,421,468
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	241,906	2,205,113	(327,597)	4,421,468
Ending balance	(1,696,801)	(2,494,442)	(1,696,801)	(2,494,442)
Foreign Exchange
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(6,829)	22,589	(1,681)	19,248
Other comprehensive income (loss) before reclassifications, net of tax	8,182	(14,544)	3,034	(11,203)
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	8,182	(14,544)	3,034	(11,203)
Ending balance	1,353	8,045	1,353	8,045
Pension Adjustments
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	1,207	(100,961)	1,244	(103,676)
Other comprehensive income (loss) before reclassifications, net of tax	0	0	0	0
Reclassifications, net of tax	(257)	2,718	(294)	5,433
Other comprehensive income (loss)	(257)	2,718	(294)	5,433
Ending balance	$ 950	$ (98,243)	$ 950	$ (98,243)

Supplemental Information abou_4

Supplemental Information about Changes to Accumulated Other Comprehensive Income - Schedule of Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$ 45,843	$ 30,446	$ 76,770	$ 37,690
Net investment income	(261,244)	(244,712)	(518,349)	(489,606)
Other operating expense	86,033	89,658	170,204	174,010
Total before tax	(264,506)	(276,449)	(538,740)	(570,625)
Tax	49,246	52,476	99,870	109,168
Total after-tax	(215,260)	(223,973)	(438,870)	(461,457)
Reclassification out of Accumulated Other Comprehensive Income
Unrealized investment (gains) losses on available for sale assets:
Total after-tax	38,789	20,303	64,498	19,834
Reclassification out of Accumulated Other Comprehensive Income \| Unrealized Gains (Losses) on Available for Sale Assets
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	50,347	22,422	83,471	17,485
Net investment income	(922)	(163)	(1,456)	744
Total before tax	49,425	22,259	82,015	18,229
Tax	(10,379)	(4,674)	(17,223)	(3,828)
Total after-tax	39,046	17,585	64,792	14,401
Reclassification out of Accumulated Other Comprehensive Income \| Pension adjustments:
Unrealized investment (gains) losses on available for sale assets:
Total before tax	(323)	3,441	(371)	6,878
Tax	66	(723)	77	(1,445)
Total after-tax	(257)	2,718	(294)	5,433
Reclassification out of Accumulated Other Comprehensive Income \| Amortization of prior service cost
Unrealized investment (gains) losses on available for sale assets:
Other operating expense	269	158	538	316
Reclassification out of Accumulated Other Comprehensive Income \| Amortization of actuarial (gain) loss
Unrealized investment (gains) losses on available for sale assets:
Other operating expense	$ (592)	$ 3,283	$ (909)	$ 6,562

Investments - Schedule of Fixed

Investments - Schedule of Fixed Maturities Available for Sale by Component (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Allowance for Credit Losses	$ (72,508)		$ 0
Fair value	17,033,450		16,503,365
Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	18,687,479		18,301,692
Allowance for Credit Losses	(72,508)		0
Gross Unrealized Gains	260,014		238,967
Gross Unrealized Losses	(1,841,535)		(2,037,294)
Fair value	$ 17,033,450		$ 16,503,365
Percentage of Fixed Maturities at Fair Value	100%		100%
U.S. Government direct, guaranteed, and government-sponsored enterprises \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 392,453		$ 394,439
Allowance for Credit Losses	0		0
Gross Unrealized Gains	37		27
Gross Unrealized Losses	(34,893)		(38,968)
Fair value	$ 357,597		$ 355,498
Percentage of Fixed Maturities at Fair Value	2%		2%
States, municipalities, and political subdivisions \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 3,071,617		$ 2,791,030
Allowance for Credit Losses	0		0
Gross Unrealized Gains	36,601		24,328
Gross Unrealized Losses	(451,322)		(505,447)
Fair value	$ 2,656,896		$ 2,309,911
Percentage of Fixed Maturities at Fair Value	16%		14%
Foreign governments \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 43,464		$ 55,164
Allowance for Credit Losses	0		0
Gross Unrealized Gains	0		6
Gross Unrealized Losses	(11,481)		(12,706)
Fair value	$ 31,983		$ 42,464
Percentage of Fixed Maturities at Fair Value	0%		0%
Corporates \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 15,055,518		$ 14,935,625
Allowance for Credit Losses	(72,508)	$ (32,767)	0	$ 0	$ 0	$ (387)
Gross Unrealized Gains	218,149		201,336
Gross Unrealized Losses	(1,337,356)		(1,470,897)
Fair value	$ 13,863,803		$ 13,666,064
Percentage of Fixed Maturities at Fair Value	81%		83%
Corporates \| Financial \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 4,944,716		$ 4,907,794
Allowance for Credit Losses	(65,476)		0
Gross Unrealized Gains	59,319		63,126
Gross Unrealized Losses	(493,205)		(504,489)
Fair value	$ 4,445,354		$ 4,466,431
Percentage of Fixed Maturities at Fair Value	26%		27%
Corporates \| Utilities \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 1,988,656		$ 1,924,190
Allowance for Credit Losses	0		0
Gross Unrealized Gains	41,220		36,670
Gross Unrealized Losses	(114,276)		(125,713)
Fair value	$ 1,915,600		$ 1,835,147
Percentage of Fixed Maturities at Fair Value	11%		11%
Corporates \| Energy \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 1,431,789		$ 1,436,598
Allowance for Credit Losses	0		0
Gross Unrealized Gains	27,914		22,637
Gross Unrealized Losses	(93,599)		(101,923)
Fair value	$ 1,366,104		$ 1,357,312
Percentage of Fixed Maturities at Fair Value	8%		8%
Corporates \| Other corporate sectors \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 6,690,357		$ 6,667,043
Allowance for Credit Losses	(7,032)		0
Gross Unrealized Gains	89,696		78,903
Gross Unrealized Losses	(636,276)		(738,772)
Fair value	$ 6,136,745		$ 6,007,174
Percentage of Fixed Maturities at Fair Value	36%		37%
Collateralized debt obligations \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 37,080		$ 37,098
Allowance for Credit Losses	0		0
Gross Unrealized Gains	5,225		13,266
Gross Unrealized Losses	0		0
Fair value	$ 42,305		$ 50,364
Percentage of Fixed Maturities at Fair Value	0%		0%
Other asset-backed securities \| Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 87,347		$ 88,336
Allowance for Credit Losses	0		0
Gross Unrealized Gains	2		4
Gross Unrealized Losses	(6,483)		(9,276)
Fair value	$ 80,866		$ 79,064
Percentage of Fixed Maturities at Fair Value	1%		1%

Investments - Additional Inform

Investments - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) loan fixedMaturity issuer commercialMortgageLoan Issue	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) loan fixedMaturity issuer commercialMortgageLoan Issue	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) commercialMortgageLoan fixedMaturity Issue issuer
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 17,033,450		$ 17,033,450		$ 16,503,365
Fixed maturity, portfolio issues \| Issue	2,418		2,418		2,328
Fixed portfolio, number of issuers \| issuer	986		986		979
Number of fixed maturities in non-accrual status \| fixedMaturity	2		2		2
Investment funds, unfunded commitments	$ 725,000		$ 725,000
Increase in allowance for credit losses			1,100
Realized gain (loss)—investments	$ (45,843)	$ (30,446)	$ (76,770)	$ (37,690)
Number of loans in non-accrual status \| commercialMortgageLoan	0		0		0
Unfunded Loan Commitment
Debt Securities, Available-for-sale [Line Items]
Carrying value, net of valuation allowance	$ 23,000		$ 23,000
Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 17,033,450		$ 17,033,450		$ 16,503,365
Percentage of fixed maturities at fair value	100%		100%		100%
Fixed maturities available for sale \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 13,863,803		$ 13,863,803		$ 13,666,064
Percentage of fixed maturities at fair value	81%		81%		83%
Investment in Limited Partnerships
Debt Securities, Available-for-sale [Line Items]
Capital called from investment funds			$ 33,000
Investment funds, unfunded commitments	$ 725,390		$ 725,390
Commercial mortgage loan participations
Debt Securities, Available-for-sale [Line Items]
Number of loans \| loan	25		25
Realized gain (loss)—investments			$ (2,900)
Financing receivable, number of loans in delinquent \| commercialMortgageLoan	0		0		0
Carrying value, net of valuation allowance	$ 221,466		$ 221,466		$ 181,305
Banks \| Fixed maturities available for sale \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 1,200,000		$ 1,200,000		$ 1,300,000
Percentage of fixed maturities at fair value	7%		7%		8%
Real Estate Investment Trust \| Fixed maturities available for sale \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 405,000		$ 405,000		$ 428,000
Percentage of fixed maturities at fair value	2%		2%		3%

Investments - Schedule of Fix_2

Investments - Schedule of Fixed Maturities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost, net
Due in one year or less	$ 175,156
Due after one year through five years	1,122,352
Due after five years through ten years	1,651,261
Due after ten years through twenty years	8,041,646
Due after twenty years	7,500,129
Mortgage-backed and asset-backed securities	124,427
Fixed maturities, net of allowance for credit losses	18,614,971
Fair Value
Due in one year or less	174,975
Due after one year through five years	1,118,516
Due after five years through ten years	1,673,707
Due after ten years through twenty years	7,621,151
Due after twenty years	6,321,930
Mortgage-backed and asset-backed securities	123,171
Fixed maturities, fair value	$ 17,033,450	$ 16,503,365

Investments - Schedule of Analy

Investments - Schedule of Analysis of Investment Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net Investment Income [Line Items]
Investment income, gross	$ 265,177	$ 249,158	$ 526,569	$ 498,585
Percentage change in investment income, gross	6%		6%
Less investment expense	$ (3,933)	(4,446)	$ (8,220)	(8,979)
Percentage change in investment expense	(12.00%)		(8.00%)
Net investment income	$ 261,244	244,712	$ 518,349	489,606
Percentage change in net investment income	7%		6%
Investment distribution	$ 12,000	8,600	$ 23,300	19,300
Fixed maturities available for sale
Net Investment Income [Line Items]
Investment income, gross	$ 234,187	226,753	$ 466,486	452,037
Percentage change in investment income, gross	3%		3%
Policy loans
Net Investment Income [Line Items]
Investment income, gross	$ 12,234	11,580	$ 23,989	23,008
Percentage change in investment income, gross	6%		4%
Other long-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 16,936	10,703	$ 32,679	23,416
Percentage change in investment income, gross	58%		40%
Short-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 1,820	$ 122	$ 3,415	$ 124
Percentage change in investment income, gross

Investments - Schedule of Selec

Investments - Schedule of Selected Information about Sales of Fixed Maturities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Debt Securities, Available-for-sale [Line Items]
Proceeds from sales			$ 145,824	$ 219,027
Fixed maturities available for sale
Debt Securities, Available-for-sale [Line Items]
Proceeds from sales	$ 130,119	$ 143,911	145,824	219,027
Gross realized gains	47	0	47	773
Gross realized losses	$ (10,503)	$ (41,168)	$ (10,861)	$ (44,847)

Investments - Schedule of Reali

Investments - Schedule of Realized Gain (Loss) on Investments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Sales and other	$ (10,606)	$ (22,421)	$ (10,963)	$ (17,872)
Provision for credit losses	(39,741)	0	(72,508)	387
Fair value option—change in fair value	5,228	947	7,086	(4,391)
Other investments	(724)	(8,972)	(385)	(15,814)
Realized gains (losses) from investments	(45,843)	(30,446)	(76,770)	(37,690)
Applicable tax	9,627	6,394	16,122	7,915
Realized gains (losses), net of tax	(36,216)	(24,052)	(60,648)	(29,775)
Exchanges of fixed maturities	$ 17,900	$ 1,900	$ 17,900	$ 1,900

Investments - Schedule of Asset

Investments - Schedule of Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 17,033,450	$ 16,503,365
Percentage of total	3%		3%
Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 17,033,450	$ 16,503,365
Percentage of total	100%	100%
U.S. Government direct, guaranteed, and government-sponsored enterprises \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 357,597	$ 355,498
States, municipalities, and political subdivisions \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,656,896	2,309,911
Foreign governments \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 31,983	42,464
Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of total	3%		3%
Corporates \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 13,863,803	13,666,064
Corporates \| Financial \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,445,354	4,466,431
Corporates \| Utilities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,915,600	1,835,147
Corporates \| Energy \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,366,104	1,357,312
Corporates \| Other corporate sectors \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 6,136,745	6,007,174
Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of total	0%		0%
Collateralized debt obligations \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 42,305	50,364
Other asset-backed securities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	80,866	79,064
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Percentage of total	0%	0%
Quoted Prices in Active Markets for Identical Assets (Level 1) \| U.S. Government direct, guaranteed, and government-sponsored enterprises \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| States, municipalities, and political subdivisions \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Foreign governments \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporates \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporates \| Financial \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporates \| Utilities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporates \| Energy \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporates \| Other corporate sectors \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateralized debt obligations \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Other asset-backed securities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2) \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 16,529,641	$ 15,974,918
Percentage of total	97%	97%
Significant Other Observable Inputs (Level 2) \| U.S. Government direct, guaranteed, and government-sponsored enterprises \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 357,597	$ 355,498
Significant Other Observable Inputs (Level 2) \| States, municipalities, and political subdivisions \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,656,896	2,309,911
Significant Other Observable Inputs (Level 2) \| Foreign governments \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	31,983	42,464
Significant Other Observable Inputs (Level 2) \| Corporates \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	13,402,299	13,187,981
Significant Other Observable Inputs (Level 2) \| Corporates \| Financial \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,313,536	4,332,495
Significant Other Observable Inputs (Level 2) \| Corporates \| Utilities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,806,364	1,723,832
Significant Other Observable Inputs (Level 2) \| Corporates \| Energy \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,355,556	1,346,212
Significant Other Observable Inputs (Level 2) \| Corporates \| Other corporate sectors \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	5,926,843	5,785,442
Significant Other Observable Inputs (Level 2) \| Collateralized debt obligations \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2) \| Other asset-backed securities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	80,866	79,064
Significant Unobservable Inputs (Level 3) \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 503,809	$ 528,447
Percentage of total	3%	3%
Significant Unobservable Inputs (Level 3) \| U.S. Government direct, guaranteed, and government-sponsored enterprises \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Significant Unobservable Inputs (Level 3) \| States, municipalities, and political subdivisions \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) \| Foreign governments \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) \| Corporates \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	461,504	478,083
Significant Unobservable Inputs (Level 3) \| Corporates \| Financial \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	131,818	133,936
Significant Unobservable Inputs (Level 3) \| Corporates \| Utilities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	109,236	111,315
Significant Unobservable Inputs (Level 3) \| Corporates \| Energy \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	10,548	11,100
Significant Unobservable Inputs (Level 3) \| Corporates \| Other corporate sectors \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	209,902	221,732
Significant Unobservable Inputs (Level 3) \| Collateralized debt obligations \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	42,305	50,364
Significant Unobservable Inputs (Level 3) \| Other asset-backed securities \| Fixed maturities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0

Investments - Schedule of Chang

Investments - Schedule of Changes in Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 528,447	$ 705,193
Included in realized gains / losses	0	0
Included in other comprehensive income	(10,005)	(100,457)
Acquisitions	0	0
Sales	0	0
Amortization	2,291	2,251
Other	(16,924)	(24,311)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 503,809	$ 582,676
Percentage of total	3%	3%
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized gain (loss)—investments	Realized gain (loss)—investments
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Asset- backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 0	$ 0
Included in realized gains / losses	0	0
Included in other comprehensive income	0	0
Acquisitions	0	0
Sales	0	0
Amortization	0	0
Other	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 0	$ 0
Percentage of total	0%	0%
Collateralized debt obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 50,364	$ 63,505
Included in realized gains / losses	0	0
Included in other comprehensive income	(8,042)	(11,098)
Acquisitions	0	0
Sales	0	0
Amortization	2,288	2,248
Other	(2,305)	(1,954)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 42,305	$ 52,701
Percentage of total	0%	0%
Corporates
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 478,083	$ 641,688
Included in realized gains / losses	0	0
Included in other comprehensive income	(1,963)	(89,359)
Acquisitions	0	0
Sales	0	0
Amortization	3	3
Other	(14,619)	(22,357)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 461,504	$ 529,975
Percentage of total	3%	3%

Investments - Schedule of Unrea

Investments - Schedule of Unrealized Gains or (Losses) Included in Other Comprehensive Income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (10,005)	$ (100,457)
Asset- backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	0	0
Collateralized debt obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	(8,042)	(11,098)
Corporates
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (1,963)	$ (89,359)

Investments - Schedule of Infor

Investments - Schedule of Information about Investments in Unrealized Loss Position (Details) - Issue	Jun. 30, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Less than Twelve Months	682	1,819
Twelve Months or Longer	1,355	157
Total	2,037	1,976

Investments - Schedule of Unr_2

Investments - Schedule of Unrealized Investment Losses by Class of Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	$ 4,294,459	$ 11,450,679
Unrealized Loss, Less than Twelve Months	(238,228)	(1,846,999)
Fair Value, Twelve Months or Longer	7,373,482	433,328
Unrealized Loss, Twelve Months or Longer	(1,603,307)	(190,295)
Fair Value	11,667,941	11,884,007
Unrealized Loss	(1,841,535)	(2,037,294)
Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	4,205,774	11,121,941
Unrealized Loss, Less than Twelve Months	(234,569)	(1,796,781)
Fair Value, Twelve Months or Longer	7,117,054	357,361
Unrealized Loss, Twelve Months or Longer	(1,540,004)	(158,773)
Fair Value	11,322,828	11,479,302
Unrealized Loss	(1,774,573)	(1,955,554)
Investment Grade \| U.S. Government direct, guaranteed, and government-sponsored enterprises
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	264,407	349,887
Unrealized Loss, Less than Twelve Months	(22,621)	(38,218)
Fair Value, Twelve Months or Longer	91,011	3,424
Unrealized Loss, Twelve Months or Longer	(12,272)	(750)
Fair Value	355,418	353,311
Unrealized Loss	(34,893)	(38,968)
Investment Grade \| States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	687,842	1,767,624
Unrealized Loss, Less than Twelve Months	(26,208)	(453,149)
Fair Value, Twelve Months or Longer	1,272,595	95,124
Unrealized Loss, Twelve Months or Longer	(425,114)	(52,298)
Fair Value	1,960,437	1,862,748
Unrealized Loss	(451,322)	(505,447)
Investment Grade \| Foreign governments
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	6,983	6,297
Unrealized Loss, Less than Twelve Months	(183)	(201)
Fair Value, Twelve Months or Longer	25,000	25,134
Unrealized Loss, Twelve Months or Longer	(11,298)	(12,505)
Fair Value	31,983	31,431
Unrealized Loss	(11,481)	(12,706)
Investment Grade \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	3,224,866	8,937,976
Unrealized Loss, Less than Twelve Months	(184,673)	(1,299,990)
Fair Value, Twelve Months or Longer	5,680,821	225,719
Unrealized Loss, Twelve Months or Longer	(1,086,352)	(90,785)
Fair Value	8,905,687	9,163,695
Unrealized Loss	(1,271,025)	(1,390,775)
Investment Grade \| Corporates \| Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,245,647	2,837,918
Unrealized Loss, Less than Twelve Months	(86,522)	(426,132)
Fair Value, Twelve Months or Longer	1,711,745	109,784
Unrealized Loss, Twelve Months or Longer	(367,044)	(42,173)
Fair Value	2,957,392	2,947,702
Unrealized Loss	(453,566)	(468,305)
Investment Grade \| Corporates \| Utilities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	439,647	1,088,219
Unrealized Loss, Less than Twelve Months	(20,185)	(116,272)
Fair Value, Twelve Months or Longer	516,783	21,636
Unrealized Loss, Twelve Months or Longer	(92,019)	(6,268)
Fair Value	956,430	1,109,855
Unrealized Loss	(112,204)	(122,540)
Investment Grade \| Corporates \| Energy
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	358,866	855,853
Unrealized Loss, Less than Twelve Months	(13,942)	(91,755)
Fair Value, Twelve Months or Longer	386,676	0
Unrealized Loss, Twelve Months or Longer	(69,247)	0
Fair Value	745,542	855,853
Unrealized Loss	(83,189)	(91,755)
Investment Grade \| Corporates \| Other corporate sectors
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,180,706	4,155,986
Unrealized Loss, Less than Twelve Months	(64,024)	(665,831)
Fair Value, Twelve Months or Longer	3,065,617	94,299
Unrealized Loss, Twelve Months or Longer	(558,042)	(42,344)
Fair Value	4,246,323	4,250,285
Unrealized Loss	(622,066)	(708,175)
Investment Grade \| Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	0	0
Unrealized Loss, Twelve Months or Longer	0	0
Fair Value	0	0
Unrealized Loss	0	0
Investment Grade \| Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	21,676	60,157
Unrealized Loss, Less than Twelve Months	(884)	(5,223)
Fair Value, Twelve Months or Longer	47,627	7,960
Unrealized Loss, Twelve Months or Longer	(4,968)	(2,435)
Fair Value	69,303	68,117
Unrealized Loss	(5,852)	(7,658)
Below Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	88,685	328,738
Unrealized Loss, Less than Twelve Months	(3,659)	(50,218)
Fair Value, Twelve Months or Longer	256,428	75,967
Unrealized Loss, Twelve Months or Longer	(63,303)	(31,522)
Fair Value	345,113	404,705
Unrealized Loss	(66,962)	(81,740)
Below Investment Grade \| States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	0	0
Unrealized Loss, Twelve Months or Longer	0	0
Fair Value	0	0
Unrealized Loss	0	0
Below Investment Grade \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	88,685	328,738
Unrealized Loss, Less than Twelve Months	(3,659)	(50,218)
Fair Value, Twelve Months or Longer	244,929	65,093
Unrealized Loss, Twelve Months or Longer	(62,672)	(29,904)
Fair Value	333,614	393,831
Unrealized Loss	(66,331)	(80,122)
Below Investment Grade \| Corporates \| Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	53,329	120,377
Unrealized Loss, Less than Twelve Months	(3,470)	(18,901)
Fair Value, Twelve Months or Longer	106,673	38,348
Unrealized Loss, Twelve Months or Longer	(36,169)	(17,283)
Fair Value	160,002	158,725
Unrealized Loss	(39,639)	(36,184)
Below Investment Grade \| Corporates \| Utilities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	27,722
Unrealized Loss, Less than Twelve Months	0	(3,173)
Fair Value, Twelve Months or Longer	28,035	0
Unrealized Loss, Twelve Months or Longer	(2,072)	0
Fair Value	28,035	27,722
Unrealized Loss	(2,072)	(3,173)
Below Investment Grade \| Corporates \| Energy
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	14,480
Unrealized Loss, Less than Twelve Months	0	(2,182)
Fair Value, Twelve Months or Longer	34,278	20,075
Unrealized Loss, Twelve Months or Longer	(10,410)	(7,986)
Fair Value	34,278	34,555
Unrealized Loss	(10,410)	(10,168)
Below Investment Grade \| Corporates \| Other corporate sectors
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	35,356	166,159
Unrealized Loss, Less than Twelve Months	(189)	(25,962)
Fair Value, Twelve Months or Longer	75,943	6,670
Unrealized Loss, Twelve Months or Longer	(14,021)	(4,635)
Fair Value	111,299	172,829
Unrealized Loss	(14,210)	(30,597)
Below Investment Grade \| Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	0	0
Unrealized Loss, Twelve Months or Longer	0	0
Fair Value	0	0
Unrealized Loss	0	0
Below Investment Grade \| Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	11,499	10,874
Unrealized Loss, Twelve Months or Longer	(631)	(1,618)
Fair Value	11,499	10,874
Unrealized Loss	$ (631)	$ (1,618)

Investments - Schedule of Fix_3

Investments - Schedule of Fixed Maturities, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance			$ 0
Allowance for credit losses ending balance	$ 72,508		72,508
Fixed maturities available for sale
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance			0
Allowance for credit losses ending balance	72,508		72,508
Corporates \| Fixed maturities available for sale
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	32,767	$ 0	0	$ 387
Additions to allowance for which credit losses were not previously recorded	38,228	0	72,508	0
Additions (reductions) to allowance for fixed maturities that previously had an allowance	1,513	0	0	0
Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period	0	0	0	(387)
Allowance for credit losses ending balance	$ 72,508	$ 0	$ 72,508	$ 0

Investments - Schedule of Other

Investments - Schedule of Other Long-Term Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 1,010,136	$ 976,016
Commercial mortgage loan participations
Long-Term Investment [Line Items]
Commercial mortgage loan participations	221,466	181,305
Other
Long-Term Investment [Line Items]
Commercial mortgage loan participations	29,513	26,022
Partnership Interest - Fair Value Option \| Investment funds
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 759,157	$ 768,689

Investments - Schedule of Inves

Investments - Schedule of Investment Funds (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Alternative Investment [Line Items]
Investment funds, Unfunded Commitments	$ 725,000
Commercial mortgage loans
Alternative Investment [Line Items]
Investment funds, Fair Value	404,782	$ 431,405
Investment funds, Unfunded Commitments	583,694
Opportunistic credit
Alternative Investment [Line Items]
Investment funds, Fair Value	161,054	158,524
Investment funds, Unfunded Commitments	$ 0
Investments, initial redemption, term	2 years
Investments, redemption, term	36 months
Infrastructure
Alternative Investment [Line Items]
Investment funds, Fair Value	$ 161,071	159,534
Investment funds, Unfunded Commitments	21,648
Other investments
Alternative Investment [Line Items]
Investment funds, Fair Value	32,250	19,226
Investment funds, Unfunded Commitments	120,048
Investment funds
Alternative Investment [Line Items]
Investment funds, Fair Value	759,157	$ 768,689
Investment funds, Unfunded Commitments	$ 725,390

Investments - Schedule of Comme

Investments - Schedule of Commercial Mortgage Loan Participations (Details) - Commercial mortgage loan participations - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 224,394		$ 183,094
Carrying value, gross, percent	101%		101%
Less allowance for credit losses	$ (2,928)	$ (3,069)	$ (1,789)	$ (1,109)	$ (827)	$ (827)
Allowance for credit losses, percent	(1.00%)		(1.00%)
Carrying value, net of valuation allowance	$ 221,466		$ 181,305
Carrying value, net, percent	100%		100%
California
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 67,189		$ 64,477
Carrying value, gross, percent	30%		36%
Texas
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 43,051		$ 22,905
Carrying value, gross, percent	19%		13%
New York
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 25,116		$ 19,167
Carrying value, gross, percent	11%		11%
Washington
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 14,954		$ 14,925
Carrying value, gross, percent	7%		8%
Massachusetts
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 14,941		$ 0
Carrying value, gross, percent	7%		0%
Florida
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 33,324		$ 33,182
Carrying value, gross, percent	15%		18%
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 25,819		$ 28,438
Carrying value, gross, percent	12%		15%
Mixed use
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 42,406		$ 62,375
Carrying value, gross, percent	19%		34%
Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 25,074		$ 27,796
Carrying value, gross, percent	11%		15%
Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 23,818		$ 15,342
Carrying value, gross, percent	11%		9%
Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 27,266		$ 27,248
Carrying value, gross, percent	12%		15%
Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 94,693		$ 42,232
Carrying value, gross, percent	43%		23%
Office
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 11,137		$ 8,101
Carrying value, gross, percent	5%		5%

Investments - Schedule of Com_2

Investments - Schedule of Commercial Mortgage Loan Participations Recorded Investment (Details) - Commercial mortgage loan participations - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 221,466		$ 181,305
Carrying value	224,394		183,094
Less allowance for credit losses	$ (2,928)	$ (3,069)	$ (1,789)	$ (1,109)	$ (827)	$ (827)
Carrying value, net of valuation allowance, percent	100%		100%
Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 202,986		$ 144,395
Carrying value, net of valuation allowance, percent	90%		79%
70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 5,999		$ 23,358
Carrying value, net of valuation allowance, percent	3%		13%
81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 8,374		$ 8,307
Carrying value, net of valuation allowance, percent	4%		4%
Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 7,035		$ 7,034
Carrying value, net of valuation allowance, percent	3%		4%
Less Than 1.00x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 24,705		$ 39,562
Less Than 1.00x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	9,296		24,221
Less Than 1.00x \| 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Less Than 1.00x \| 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	8,374		8,307
Less Than 1.00x \| Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	7,035		7,034
1.00x-1.20x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	178,092		130,276
1.00x-1.20x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	173,246		108,156
1.00x-1.20x \| 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	4,846		22,120
1.00x-1.20x \| 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
1.00x-1.20x \| Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Greater Than 1.20x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	21,597		13,256
Greater Than 1.20x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	20,444		12,018
Greater Than 1.20x \| 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	1,153		1,238
Greater Than 1.20x \| 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Greater Than 1.20x \| Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 0		$ 0

Investments - Schedule of Com_3

Investments - Schedule of Commercial Loan Participations, Allowance for Credit Loss (Details) - Commercial mortgage loan participations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	$ 3,069	$ 827	$ 1,789	$ 827
Provision (reversal) for credit losses	(141)	282	1,139	282
Allowance for credit losses ending balance	$ 2,928	$ 1,109	$ 2,928	$ 1,109

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions	Jun. 30, 2023 USD ($)
Obligation with Joint and Several Liability Arrangement [Line Items]
Letters of credit facility outstanding	$ 115
Letter of Credit
Obligation with Joint and Several Liability Arrangement [Line Items]
Letter of credit maximum available amount	$ 250

Policy Liabilities - Schedule o

Policy Liabilities - Schedule of Liability for Future Policy Benefit, Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Net liability for future policy benefits—long duration health									$ 24,994,257	$ 15,243,536
Net liability for future policy benefits, after other adjustments, at current discount rates	$ 18,746,514		$ 18,746,514			$ 18,040,042
Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	12,189,326	$ 13,094,222	11,748,528	$ 14,082,538
Beginning balance	11,564,309	11,102,451	11,442,919	10,896,222
Effect of changes in assumptions of future cash flows					$ 0	0	$ 0	$ 0
Effect of actual variances from expected experience					(134,755)	(220,197)	(88,539)	(121,423)
Adjusted balance					11,429,554	11,222,722	11,013,912	10,774,799
Issuances	366,338	403,710	765,228	823,676
Interest accrual	139,465	129,924	277,309	258,588
Net premiums collected	(328,683)	(315,851)	(654,586)	(628,268)
Effect of changes in the foreign exchange rate	9,769	(10,172)	5,770	(7,272)
Ending balance	11,616,443	11,221,523	11,616,443	11,221,523
Effect of change from original to current discount rates	426,277	907,955	426,277	907,955
Ending balance	12,042,720	12,129,478	12,042,720	12,129,478
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	26,987,682	30,317,214	25,749,961	33,664,308
Beginning balance	23,849,467	22,696,519	23,564,337	22,374,930
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(133,457)	(223,880)	(91,081)	(118,057)
Adjusted balance					23,716,010	23,340,457	22,605,438	22,256,873
Issuances	366,339	403,709	765,229	823,675
Interest accrual	319,447	300,390	635,178	598,164
Benefit payments	(333,249)	(329,479)	(662,606)	(705,165)
Effect of changes in the foreign exchange rate	24,148	(23,169)	14,437	(16,658)
Ending balance	24,092,695	22,956,889	24,092,695	22,956,889
Effect of changes in discount rate assumptions	2,680,296	4,063,063	2,680,296	4,063,063						9,057,475
Ending balance	26,772,991	27,019,952	26,772,991	27,019,952
Net liability for future policy benefits at original discount rates	12,476,252	11,735,366	12,476,252	11,735,366
Effect of changes in discount rate assumptions	2,254,019	3,155,108	2,254,019	3,155,108
Net liability for future policy benefits—long duration health	14,730,271	14,890,474	14,730,271	14,890,474					19,987,227	10,910,418
Other Adjustments(1)	(31,699)	(46,011)	(31,699)	(46,011)
Net liability for future policy benefits, after other adjustments, at current discount rates	14,698,572	14,844,463	14,698,572	14,844,463					19,987,227
Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	5,374,493	5,908,639	5,207,422	6,418,018
Beginning balance	5,387,168	5,336,742	5,366,304	5,328,427
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(24,625)	(98,294)	(18,112)	(102,641)
Adjusted balance					5,362,543	5,268,010	5,318,630	5,225,786
Issuances	159,720	164,664	329,255	330,363
Interest accrual	56,822	53,681	112,591	106,845
Net premiums collected	(134,265)	(128,617)	(264,648)	(254,948)
Effect of changes in the foreign exchange rate	775	(1,119)	387	(807)
Ending balance	5,445,595	5,407,239	5,445,595	5,407,239
Effect of change from original to current discount rates	(98,952)	103,220	(98,952)	103,220
Ending balance	5,346,643	5,510,459	5,346,643	5,510,459
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	7,670,753	8,526,214	7,394,349	9,353,001
Beginning balance	7,748,360	7,618,065	7,710,767	7,587,083
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(28,000)	(99,098)	(19,801)	(106,381)
Adjusted balance					7,720,360	7,611,669	7,598,264	7,480,702
Issuances	159,291	164,671	328,646	330,287
Interest accrual	83,611	79,340	165,945	157,964
Benefit payments	(132,756)	(129,129)	(275,047)	(256,363)
Effect of changes in the foreign exchange rate	1,583	(2,023)	876	(1,467)
Ending balance	7,832,089	7,711,123	7,832,089	7,711,123
Effect of changes in discount rate assumptions	(210,656)	111,116	(210,656)	111,116						853,606
Ending balance	7,621,433	7,822,239	7,621,433	7,822,239
Net liability for future policy benefits at original discount rates	2,386,494	2,303,884	2,386,494	2,303,884
Effect of changes in discount rate assumptions	(111,704)	7,896	(111,704)	7,896
Net liability for future policy benefits—long duration health	2,274,790	2,311,780	2,274,790	2,311,780					2,998,631	2,115,002
Other Adjustments(1)	1,228	(1,813)	1,228	(1,813)
Net liability for future policy benefits, after other adjustments, at current discount rates	2,276,018	2,309,967	2,276,018	2,309,967					2,998,631
American Income \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	4,467,637	4,646,747	4,273,156	4,925,192
Beginning balance	4,325,957	4,043,480	4,246,723	3,906,098
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(39,371)	(69,352)	(13,025)	(17,340)
Adjusted balance					4,286,586	4,177,371	4,030,455	3,888,758
Issuances	183,466	204,351	376,021	420,277
Interest accrual	48,952	43,767	96,850	86,841
Net premiums collected	(129,720)	(122,307)	(256,959)	(242,510)
Effect of changes in the foreign exchange rate	9,769	(10,172)	5,770	(7,272)
Ending balance	4,399,053	4,146,094	4,399,053	4,146,094
Effect of change from original to current discount rates	73,794	233,402	73,794	233,402
Ending balance	4,472,847	4,379,496	4,472,847	4,379,496
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,637,463	10,652,256	9,119,104	11,773,519
Beginning balance	8,573,734	7,959,694	8,409,761	7,744,201
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(40,862)	(72,388)	(14,123)	(17,082)
Adjusted balance					8,532,872	8,337,373	7,945,571	7,727,119
Issuances	183,466	204,351	376,021	420,277
Interest accrual	111,337	101,811	220,666	202,147
Benefit payments	(98,297)	(93,858)	(194,971)	(198,179)
Effect of changes in the foreign exchange rate	24,148	(23,169)	14,437	(16,658)
Ending balance	8,753,526	8,134,706	8,753,526	8,134,706
Effect of changes in discount rate assumptions	914,681	1,377,565	914,681	1,377,565						3,334,600
Ending balance	9,668,207	9,512,271	9,668,207	9,512,271
Net liability for future policy benefits at original discount rates	4,354,473	3,988,612	4,354,473	3,988,612
Effect of changes in discount rate assumptions	840,887	1,144,163	840,887	1,144,163
Net liability for future policy benefits—long duration health	5,195,360	5,132,775	5,195,360	5,132,775
Other Adjustments(1)	(70)	21	(70)	21
Net liability for future policy benefits, after other adjustments, at current discount rates	5,195,290	5,132,796	5,195,290	5,132,796					6,875,917
American Income \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	200,666	208,064	190,296	222,553
Beginning balance	197,446	183,679	192,631	178,801
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(3,629)	(5,249)	(2,795)	(5,260)
Adjusted balance					193,817	187,382	180,884	173,541
Issuances	10,575	9,972	20,787	20,424
Interest accrual	2,098	1,849	4,134	3,680
Net premiums collected	(5,556)	(5,288)	(10,981)	(10,540)
Effect of changes in the foreign exchange rate	775	(1,119)	387	(807)
Ending balance	201,709	186,298	201,709	186,298
Effect of change from original to current discount rates	135	7,238	135	7,238
Ending balance	201,844	193,536	201,844	193,536
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	326,533	351,631	312,750	380,915
Beginning balance	308,170	292,356	303,713	285,604
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(4,439)	(6,018)	(3,040)	(5,684)
Adjusted balance					303,731	297,695	289,316	279,920
Issuances	10,575	9,972	20,787	20,424
Interest accrual	3,721	3,454	7,389	6,886
Benefit payments	(4,523)	(5,148)	(11,660)	(10,192)
Effect of changes in the foreign exchange rate	1,583	(2,023)	876	(1,467)
Ending balance	315,087	295,571	315,087	295,571
Effect of changes in discount rate assumptions	13,492	26,397	13,492	26,397						60,366
Ending balance	328,579	321,968	328,579	321,968
Net liability for future policy benefits at original discount rates	113,378	109,273	113,378	109,273
Effect of changes in discount rate assumptions	13,357	19,159	13,357	19,159
Net liability for future policy benefits—long duration health	126,735	128,432	126,735	128,432
Other Adjustments(1)	605	48	605	48
Net liability for future policy benefits, after other adjustments, at current discount rates	127,340	128,480	127,340	128,480					162,364
Direct to Consumer \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	6,110,550	6,710,655	5,910,224	7,264,905
Beginning balance	5,718,900	5,595,772	5,680,864	5,533,741
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(80,616)	(128,602)	(61,865)	(91,461)
Adjusted balance					5,638,284	5,552,262	5,533,907	5,442,280
Issuances	144,796	165,221	313,748	338,996
Interest accrual	71,484	68,250	142,473	135,858
Net premiums collected	(154,210)	(151,022)	(308,129)	(300,778)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	5,700,354	5,616,356	5,700,354	5,616,356
Effect of change from original to current discount rates	288,223	548,590	288,223	548,590
Ending balance	5,988,577	6,164,946	5,988,577	6,164,946
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,624,680	10,750,349	9,225,451	11,859,408
Beginning balance	8,563,604	8,238,501	8,477,892	8,157,259
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(81,059)	(130,006)	(61,186)	(87,036)
Adjusted balance					8,482,545	8,347,886	8,177,315	8,070,223
Issuances	144,797	165,220	313,749	338,995
Interest accrual	113,893	107,823	226,661	214,751
Benefit payments	(148,338)	(155,590)	(295,399)	(329,201)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	8,592,897	8,294,768	8,592,897	8,294,768
Effect of changes in discount rate assumptions	894,336	1,369,441	894,336	1,369,441						2,195,430
Ending balance	9,487,233	9,664,209	9,487,233	9,664,209
Net liability for future policy benefits at original discount rates	2,892,543	2,678,412	2,892,543	2,678,412
Effect of changes in discount rate assumptions	606,113	820,851	606,113	820,851
Net liability for future policy benefits—long duration health	3,498,656	3,499,263	3,498,656	3,499,263
Other Adjustments(1)	4,750	2,239	4,750	2,239
Net liability for future policy benefits, after other adjustments, at current discount rates	3,503,406	3,501,502	3,503,406	3,501,502					4,704,555
Direct to Consumer \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	90,243	109,734	90,143	121,724
Beginning balance	85,966	94,408	87,751	96,776
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					679	(1,895)	336	(1,543)
Adjusted balance					86,645	85,856	94,744	95,233
Issuances	1,823	1,443	4,215	2,323
Interest accrual	1,061	1,171	2,118	2,353
Net premiums collected	(2,689)	(2,606)	(5,349)	(5,157)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	86,840	94,752	86,840	94,752
Effect of change from original to current discount rates	2,834	7,681	2,834	7,681
Ending balance	89,674	102,433	89,674	102,433
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	87,090	107,034	87,532	119,888
Beginning balance	83,001	92,272	85,212	95,628
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					472	(1,830)	410	(1,615)
Adjusted balance					83,473	83,382	92,682	94,013
Issuances	1,820	1,434	4,208	2,310
Interest accrual	1,061	1,170	2,118	2,352
Benefit payments	(3,166)	(3,143)	(6,520)	(6,532)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	83,188	92,143	83,188	92,143
Effect of changes in discount rate assumptions	2,668	7,341	2,668	7,341						346
Ending balance	85,856	99,484	85,856	99,484
Net liability for future policy benefits at original discount rates	(3,652)	(2,609)	(3,652)	(2,609)
Effect of changes in discount rate assumptions	(166)	(340)	(166)	(340)
Net liability for future policy benefits—long duration health	(3,818)	(2,949)	(3,818)	(2,949)
Other Adjustments(1)	4,645	4,007	4,645	4,007
Net liability for future policy benefits, after other adjustments, at current discount rates	827	1,058	827	1,058					1,598
Liberty National \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,128,083	1,224,988	1,094,407	1,332,469
Beginning balance	1,070,775	1,043,765	1,066,123	1,040,242
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(10,004)	(15,593)	(8,500)	(9,125)
Adjusted balance					1,060,771	1,050,530	1,035,265	1,031,117
Issuances	30,706	25,841	60,848	48,806
Interest accrual	13,368	12,775	26,655	25,585
Net premiums collected	(33,284)	(31,726)	(66,472)	(63,353)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,071,561	1,042,155	1,071,561	1,042,155
Effect of change from original to current discount rates	38,456	80,917	38,456	80,917
Ending balance	1,110,017	1,123,072	1,110,017	1,123,072
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,559,012	4,066,234	3,429,256	4,542,697
Beginning balance	3,284,594	3,208,055	3,272,980	3,206,164
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(6,065)	(13,119)	(9,619)	(9,466)
Adjusted balance					3,278,529	3,259,861	3,198,436	3,196,698
Issuances	30,706	25,841	60,848	48,806
Interest accrual	43,466	42,192	86,722	84,422
Benefit payments	(54,920)	(51,158)	(109,650)	(114,615)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,297,781	3,215,311	3,297,781	3,215,311
Effect of changes in discount rate assumptions	210,064	407,331	210,064	407,331						1,229,610
Ending balance	3,507,845	3,622,642	3,507,845	3,622,642
Net liability for future policy benefits at original discount rates	2,226,220	2,173,156	2,226,220	2,173,156
Effect of changes in discount rate assumptions	171,608	326,414	171,608	326,414
Net liability for future policy benefits—long duration health	2,397,828	2,499,570	2,397,828	2,499,570
Other Adjustments(1)	58	(10,874)	58	(10,874)
Net liability for future policy benefits, after other adjustments, at current discount rates	2,397,886	2,488,696	2,397,886	2,488,696					3,372,114
Liberty National \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	421,447	463,452	423,490	517,368
Beginning balance	404,647	401,751	415,442	414,409
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(11,249)	(27,833)	(8,728)	(24,189)
Adjusted balance					393,398	387,609	393,023	390,220
Issuances	14,888	11,798	28,191	22,613
Interest accrual	4,776	4,721	9,666	9,593
Net premiums collected	(12,882)	(12,801)	(25,286)	(25,685)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	400,180	396,741	400,180	396,741
Effect of change from original to current discount rates	9,371	28,536	9,371	28,536
Ending balance	409,551	425,277	409,551	425,277
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	949,996	1,082,425	941,574	1,201,317
Beginning balance	890,019	905,739	904,865	921,608
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(11,023)	(27,018)	(8,130)	(23,919)
Adjusted balance					878,996	877,847	897,609	897,689
Issuances	14,616	11,926	27,901	22,792
Interest accrual	11,686	11,916	23,526	24,035
Benefit payments	(24,419)	(25,314)	(48,395)	(48,379)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	880,879	896,137	880,879	896,137
Effect of changes in discount rate assumptions	42,269	89,077	42,269	89,077						219,992
Ending balance	923,148	985,214	923,148	985,214
Net liability for future policy benefits at original discount rates	480,699	499,396	480,699	499,396
Effect of changes in discount rate assumptions	32,898	60,541	32,898	60,541
Net liability for future policy benefits—long duration health	513,597	559,937	513,597	559,937
Other Adjustments(1)	4,671	1,998	4,671	1,998
Net liability for future policy benefits, after other adjustments, at current discount rates	518,268	561,935	518,268	561,935					740,628
Other \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	483,056	511,832	470,741	559,972
Beginning balance	448,677	419,434	449,209	416,141
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(4,764)	(6,650)	(5,149)	(3,497)
Adjusted balance					443,913	442,559	414,285	412,644
Issuances	7,370	8,297	14,611	15,597
Interest accrual	5,661	5,132	11,331	10,304
Net premiums collected	(11,469)	(10,796)	(23,026)	(21,627)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	445,475	416,918	445,475	416,918
Effect of change from original to current discount rates	25,804	45,046	25,804	45,046
Ending balance	471,279	461,964	471,279	461,964
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	4,166,527	4,848,375	3,976,150	5,488,684
Beginning balance	3,427,535	3,290,269	3,403,704	3,267,306
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(5,471)	(8,367)	(6,153)	(4,473)
Adjusted balance					3,422,064	3,395,337	3,284,116	3,262,833
Issuances	7,370	8,297	14,611	15,597
Interest accrual	50,751	48,564	101,129	96,844
Benefit payments	(31,694)	(28,873)	(62,586)	(63,170)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,448,491	3,312,104	3,448,491	3,312,104
Effect of changes in discount rate assumptions	661,215	908,726	661,215	908,726
Ending balance	4,109,706	4,220,830	4,109,706	4,220,830
Net liability for future policy benefits at original discount rates	3,003,016	2,895,186	3,003,016	2,895,186
Effect of changes in discount rate assumptions	635,411	863,680	635,411	863,680
Net liability for future policy benefits—long duration health	3,638,427	3,758,866	3,638,427	3,758,866
Other Adjustments(1)	(36,437)	(37,397)	(36,437)	(37,397)
Net liability for future policy benefits, after other adjustments, at current discount rates	3,601,990	3,721,469	3,601,990	3,721,469
United American \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	2,997,723	3,337,152	2,908,501	3,611,659
Beginning balance	2,948,641	2,957,769	2,941,261	2,949,851
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					5,210	(28,923)	13,826	(35,736)
Adjusted balance					2,953,851	2,912,338	2,971,595	2,914,115
Issuances	67,875	85,036	143,716	175,070
Interest accrual	32,267	30,866	63,854	61,205
Net premiums collected	(68,333)	(64,843)	(134,248)	(127,736)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	2,985,660	3,022,654	2,985,660	3,022,654
Effect of change from original to current discount rates	(1,106)	116,052	(1,106)	116,052
Ending balance	2,984,554	3,138,706	2,984,554	3,138,706
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,132,462	3,508,485	3,046,829	3,810,559
Beginning balance	3,079,790	3,095,417	3,080,633	3,090,901
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					3,503	(27,940)	12,396	(38,057)
Adjusted balance					3,083,293	3,052,693	3,107,813	3,052,844
Issuances	67,721	84,924	143,404	174,828
Interest accrual	34,112	32,799	67,592	65,107
Benefit payments	(68,358)	(65,508)	(146,921)	(132,751)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,116,768	3,160,028	3,116,768	3,160,028
Effect of changes in discount rate assumptions	(379)	125,668	(379)	125,668						75,652
Ending balance	3,116,389	3,285,696	3,116,389	3,285,696
Net liability for future policy benefits at original discount rates	131,108	137,374	131,108	137,374
Effect of changes in discount rate assumptions	727	9,616	727	9,616
Net liability for future policy benefits—long duration health	131,835	146,990	131,835	146,990
Other Adjustments(1)	1,104	(1,405)	1,104	(1,405)
Net liability for future policy benefits, after other adjustments, at current discount rates	132,939	145,585	132,939	145,585					213,663
Family Heritage \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,664,414	1,790,237	1,594,992	1,944,714
Beginning balance	1,750,468	1,699,135	1,729,219	1,688,590
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(15,636)	(34,394)	(20,751)	(35,913)
Adjusted balance					1,734,832	1,694,825	1,678,384	1,652,677
Issuances	64,559	56,415	132,346	109,933
Interest accrual	16,620	15,074	32,819	30,014
Net premiums collected	(44,805)	(43,079)	(88,784)	(85,830)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,771,206	1,706,794	1,771,206	1,706,794
Effect of change from original to current discount rates	(110,186)	(56,287)	(110,186)	(56,287)
Ending balance	1,661,020	1,650,507	1,661,020	1,650,507
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,174,672	3,476,639	3,005,664	3,840,322
Beginning balance	3,387,380	3,232,281	3,336,344	3,193,342
Effect of changes in assumptions of future cash flows					0	0	0	0
Effect of actual variances from expected experience					(16,513)	(36,292)	(21,437)	(37,106)
Adjusted balance					$ 3,370,867	$ 3,300,052	$ 3,210,844	$ 3,156,236
Issuances	64,559	56,415	132,346	109,933
Interest accrual	33,031	30,001	65,320	59,584
Benefit payments	(32,290)	(30,016)	(61,551)	(58,509)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,436,167	3,267,244	3,436,167	3,267,244
Effect of changes in discount rate assumptions	(268,706)	(137,367)	(268,706)	(137,367)						$ 497,250
Ending balance	3,167,461	3,129,877	3,167,461	3,129,877
Net liability for future policy benefits at original discount rates	1,664,961	1,560,450	1,664,961	1,560,450
Effect of changes in discount rate assumptions	(158,520)	(81,080)	(158,520)	(81,080)
Net liability for future policy benefits—long duration health	1,506,441	1,479,370	1,506,441	1,479,370
Other Adjustments(1)	(9,797)	(6,461)	(9,797)	(6,461)
Net liability for future policy benefits, after other adjustments, at current discount rates	$ 1,496,644	$ 1,472,909	$ 1,496,644	$ 1,472,909					$ 1,880,378

Policy Liabilities - Additional

Policy Liabilities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Health
Liability for Future Policy Benefit, Activity [Line Items]
Policyholder benefits net of remeasurement gain (loss)	$ 5,000	$ 3,800	$ 5,600	$ 0
Effect of actual variances from expected experience					$ (28,000)	$ (99,098)	$ (19,801)	$ (106,381)
PV of expected future gross premiums	10,603,159	10,669,395	10,603,159	10,669,395
PV of expected future net premiums	5,346,643	5,510,459	5,346,643	5,510,459	5,374,493	5,207,422	5,908,639	6,418,018
Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of actual variances from expected experience					(133,457)	(223,880)	(91,081)	(118,057)
PV of expected future gross premiums	27,938,263	28,297,604	27,938,263	28,297,604
PV of expected future net premiums	12,042,720	12,129,478	12,042,720	12,129,478	$ 12,189,326	$ 11,748,528	$ 13,094,222	$ 14,082,538
Mortality \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of actual variances from expected experience	5,100	(4,100)	5,100	(4,100)
Morbidity \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of actual variances from expected experience	$ 500	$ 4,000	$ 500	$ 4,000

Policy Liabilities - Schedule_2

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Jan. 01, 2021
At Original Discount Rates
Deferred profit liability	$ 172,531		$ 184,680
Deferred annuity	853,064		1,015,804
Interest sensitive life	736,920		742,293
Other	9,406		8,121
Total future policy benefits	16,598,663	$ 16,306,870	15,947,814
At Current Discount Rates
Net liability for future policy benefits—long duration health	18,746,514	$ 18,040,042
Deferred profit liability	172,531		184,680
Deferred annuity	853,064		1,015,804
Interest sensitive life	736,920		742,293
Other	9,409		8,127
Total future policy benefits	18,746,514		19,105,334
Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	12,442,265		11,698,923
At Current Discount Rates
Net liability for future policy benefits—long duration health	14,698,572		14,844,463	$ 19,987,227
Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,384,477		2,297,993
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,276,018		2,309,967	2,998,631
American Income \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	4,354,403		3,988,588
At Current Discount Rates
Net liability for future policy benefits—long duration health	5,195,290		5,132,796	6,875,917
American Income \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	113,981		109,318
At Current Discount Rates
Net liability for future policy benefits—long duration health	127,340		128,480	162,364
Direct to Consumer \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,892,543		2,678,413
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,503,406		3,501,502	4,704,555
Direct to Consumer \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	798		993
At Current Discount Rates
Net liability for future policy benefits—long duration health	827		1,058	1,598
Liberty National \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,218,639		2,161,743
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,397,886		2,488,696	3,372,114
Liberty National \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	484,458		500,950
At Current Discount Rates
Net liability for future policy benefits—long duration health	518,268		561,935	740,628
Other \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,976,680		2,870,179
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,601,990		3,721,469
United American \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	130,624		135,532
At Current Discount Rates
Net liability for future policy benefits—long duration health	132,939		145,585	213,663
Family Heritage \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	1,654,616		1,551,200
At Current Discount Rates
Net liability for future policy benefits—long duration health	$ 1,496,644		$ 1,472,909	$ 1,880,378

Policy Liabilities - Schedule_3

Policy Liabilities - Schedule of Weighted Average Interest Rate of Liability For Future Policy Benefits (Details)	Jun. 30, 2023	Jun. 30, 2022
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.10%	5.20%
Weighted average current discount rate	4.90%	4.60%
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	4.30%	4.30%
Weighted average current discount rate	5.10%	4.80%
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.80%	5.80%
Weighted average current discount rate	5%	4.80%
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.90%	5.90%
Weighted average current discount rate	4.90%	4.60%
DTC \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6%	6%
Weighted average current discount rate	5.10%	4.80%
DTC \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.10%	5.20%
Weighted average current discount rate	4.90%	4.60%
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.60%	5.60%
Weighted average current discount rate	5.10%	4.70%
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.80%	5.80%
Weighted average current discount rate	5.10%	4.60%
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6.20%	6.20%
Weighted average current discount rate	5.10%	4.70%

Policy Liabilities - Schedule_4

Policy Liabilities - Schedule of Weighted Average Duration of Liability For Future Policy Benefits (Details)	Jun. 30, 2023	Jun. 30, 2022
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	22 years 10 months 28 days	22 years 10 months 17 days
At current discount rates	23 years 5 months 12 days	23 years 6 months
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	12 years 1 month 13 days	12 years 6 months 3 days
At current discount rates	12 years 8 months 23 days	13 years 3 months
DTC \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	20 years 1 month 13 days	20 years 9 months 10 days
At current discount rates	21 years 9 months 21 days	22 years 6 months 3 days
DTC \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 4 months 13 days	11 years 8 months 26 days
At current discount rates	10 years 9 months 14 days	11 years 2 months 23 days
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	14 years 11 months 19 days	15 years 1 month 9 days
At current discount rates	15 years 8 months 8 days	16 years 1 month 2 days
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	9 years 4 months 2 days	9 years 7 days
At current discount rates	9 years 8 months 4 days	9 years 6 months 7 days
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	16 years 5 months 8 days	16 years 8 months 12 days
At current discount rates	18 years 2 months 8 days	18 years 9 months 3 days
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 4 months 13 days	11 years 8 months 26 days
At current discount rates	10 years 9 months 14 days	11 years 2 months 23 days
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	14 years 10 months 13 days	15 years 4 months 9 days
At current discount rates	14 years 4 months 28 days	15 years

Policy Liabilities - Schedule_5

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 777,049	$ 751,926	$ 1,544,809	$ 1,496,060
Interest expense	179,286	169,908	356,474	338,444
Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	277,460	264,572	549,764	525,347
Interest expense	26,582	25,481	52,933	50,766
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	394,308	375,391	781,453	745,128
Interest expense	62,385	58,043	123,816	115,305
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	28,239	28,004	56,335	55,941
Interest expense	1,624	1,605	3,256	3,206
Direct to Consumer \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	245,736	244,267	490,443	486,929
Interest expense	42,348	39,542	84,062	78,834
Direct to Consumer \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	3,555	3,594	7,097	7,130
Interest expense	0	0	0	0
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	85,498	80,105	169,570	159,453
Interest expense	29,901	29,307	59,670	58,592
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	46,690	46,601	93,434	94,097
Interest expense	6,881	7,172	13,801	14,398
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	51,507	52,163	103,343	104,550
Interest expense	44,652	43,016	88,926	85,713
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	100,847	95,615	198,679	187,881
Interest expense	1,782	1,878	3,604	3,791
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	98,129	90,758	194,219	180,298
Interest expense	$ 16,295	$ 14,826	$ 32,272	$ 29,371

Policy Liabilities - Schedule_6

Policy Liabilities - Schedule of Undiscounted And Discounted Expected Future Gross Premiums And Expected Future Benefits And Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	$ 49,279,624			$ 47,915,057
PV of expected future gross premiums, At original discount rates	26,989,614			26,188,960
PV of expected future gross premiums, At current discount rates	27,938,263			28,297,604
PV of expected future net premiums, Not discounted	21,381,290			20,683,650
PV of expected future net premiums, At original discount rates	11,616,443	$ 11,564,309	$ 11,442,919	11,221,523	$ 11,102,451	$ 10,896,222
PV of expected future net premiums, At current discount rates	12,042,720	12,189,326	11,748,528	12,129,478	13,094,222	14,082,538
PV of expected future policy benefits, Not discounted	76,237,291			73,364,849
PV of expected future policy benefits, At original discount rates	24,092,695	23,849,467	23,564,337	22,956,889	22,696,519	22,374,930
PV of expected future policy benefits, At current discount rates	26,772,991	26,987,682	25,749,961	27,019,952	30,317,214	33,664,308
Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	17,641,118			17,065,883
PV of expected future gross premiums, At original discount rates	10,737,896			10,400,797
PV of expected future gross premiums, At current discount rates	10,603,159			10,669,395
PV of expected future net premiums, Not discounted	8,832,988			8,796,516
PV of expected future net premiums, At original discount rates	5,445,595	5,387,168	5,366,304	5,407,239	5,336,742	5,328,427
PV of expected future net premiums, At current discount rates	5,346,643	5,374,493	5,207,422	5,510,459	5,908,639	6,418,018
PV of expected future policy benefits, Not discounted	13,787,914			13,570,173
PV of expected future policy benefits, At original discount rates	7,832,089	7,748,360	7,710,767	7,711,123	7,618,065	7,587,083
PV of expected future policy benefits, At current discount rates	7,621,433	7,670,753	7,394,349	7,822,239	8,526,214	9,353,001
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	23,507,444			22,241,655
PV of expected future gross premiums, At original discount rates	13,292,363			12,593,870
PV of expected future gross premiums, At current discount rates	13,604,682			13,403,810
PV of expected future net premiums, Not discounted	7,764,339			7,299,282
PV of expected future net premiums, At original discount rates	4,399,053	4,325,957	4,246,723	4,146,094	4,043,480	3,906,098
PV of expected future net premiums, At current discount rates	4,472,847	4,467,637	4,273,156	4,379,496	4,646,747	4,925,192
PV of expected future policy benefits, Not discounted	29,442,642			27,485,575
PV of expected future policy benefits, At original discount rates	8,753,526	8,573,734	8,409,761	8,134,706	7,959,694	7,744,201
PV of expected future policy benefits, At current discount rates	9,668,207	9,637,463	9,119,104	9,512,271	10,652,256	11,773,519
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	1,787,907			1,734,015
PV of expected future gross premiums, At original discount rates	998,307			969,006
PV of expected future gross premiums, At current discount rates	1,035,471			1,043,861
PV of expected future net premiums, Not discounted	360,163			328,892
PV of expected future net premiums, At original discount rates	201,709	197,446	192,631	186,298	183,679	178,801
PV of expected future net premiums, At current discount rates	201,844	200,666	190,296	193,536	208,064	222,553
PV of expected future policy benefits, Not discounted	640,722			605,818
PV of expected future policy benefits, At original discount rates	315,087	308,170	303,713	295,571	292,356	285,604
PV of expected future policy benefits, At current discount rates	328,579	326,533	312,750	321,968	351,631	380,915
Direct to Consumer \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	17,486,509			17,479,973
PV of expected future gross premiums, At original discount rates	9,157,664			9,139,637
PV of expected future gross premiums, At current discount rates	9,599,872			10,021,214
PV of expected future net premiums, Not discounted	10,811,358			10,669,169
PV of expected future net premiums, At original discount rates	5,700,354	5,718,900	5,680,864	5,616,356	5,595,772	5,533,741
PV of expected future net premiums, At current discount rates	5,988,577	6,110,550	5,910,224	6,164,946	6,710,655	7,264,905
PV of expected future policy benefits, Not discounted	25,685,249			25,039,202
PV of expected future policy benefits, At original discount rates	8,592,897	8,563,604	8,477,892	8,294,768	8,238,501	8,157,259
PV of expected future policy benefits, At current discount rates	9,487,233	9,624,680	9,225,451	9,664,209	10,750,349	11,859,408
Direct to Consumer \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	174,681			203,964
PV of expected future gross premiums, At original discount rates	114,216			129,704
PV of expected future gross premiums, At current discount rates	118,015			140,200
PV of expected future net premiums, Not discounted	133,047			149,366
PV of expected future net premiums, At original discount rates	86,840	85,966	87,751	94,752	94,408	96,776
PV of expected future net premiums, At current discount rates	89,674	90,243	90,143	102,433	109,734	121,724
PV of expected future policy benefits, Not discounted	125,192			143,327
PV of expected future policy benefits, At original discount rates	83,188	83,001	85,212	92,143	92,272	95,628
PV of expected future policy benefits, At current discount rates	85,856	87,090	87,532	99,484	107,034	119,888
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	4,511,931			4,305,035
PV of expected future gross premiums, At original discount rates	2,630,182			2,511,938
PV of expected future gross premiums, At current discount rates	2,657,925			2,653,354
PV of expected future net premiums, Not discounted	1,891,335			1,849,968
PV of expected future net premiums, At original discount rates	1,071,561	1,070,775	1,066,123	1,042,155	1,043,765	1,040,242
PV of expected future net premiums, At current discount rates	1,110,017	1,128,083	1,094,407	1,123,072	1,224,988	1,332,469
PV of expected future policy benefits, Not discounted	8,710,626			8,542,769
PV of expected future policy benefits, At original discount rates	3,297,781	3,284,594	3,272,980	3,215,311	3,208,055	3,206,164
PV of expected future policy benefits, At current discount rates	3,507,845	3,559,012	3,429,256	3,622,642	4,066,234	4,542,697
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	2,212,104			2,146,129
PV of expected future gross premiums, At original discount rates	1,382,884			1,341,205
PV of expected future gross premiums, At current discount rates	1,429,939			1,450,309
PV of expected future net premiums, Not discounted	627,206			631,366
PV of expected future net premiums, At original discount rates	400,180	404,647	415,442	396,741	401,751	414,409
PV of expected future net premiums, At current discount rates	409,551	421,447	423,490	425,277	463,452	517,368
PV of expected future policy benefits, Not discounted	1,561,839			1,576,325
PV of expected future policy benefits, At original discount rates	880,879	890,019	904,865	896,137	905,739	921,608
PV of expected future policy benefits, At current discount rates	923,148	949,996	941,574	985,214	1,082,425	1,201,317
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	3,773,740			3,888,394
PV of expected future gross premiums, At original discount rates	1,909,405			1,943,515
PV of expected future gross premiums, At current discount rates	2,075,784			2,219,226
PV of expected future net premiums, Not discounted	914,258			865,231
PV of expected future net premiums, At original discount rates	445,475	448,677	449,209	416,918	419,434	416,141
PV of expected future net premiums, At current discount rates	471,279	483,056	470,741	461,964	511,832	559,972
PV of expected future policy benefits, Not discounted	12,398,774			12,297,303
PV of expected future policy benefits, At original discount rates	3,448,491	3,427,535	3,403,704	3,312,104	3,290,269	3,267,306
PV of expected future policy benefits, At current discount rates	4,109,706	4,166,527	3,976,150	4,220,830	4,848,375	5,488,684
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	6,896,513			7,009,500
PV of expected future gross premiums, At original discount rates	4,338,871			4,355,843
PV of expected future gross premiums, At current discount rates	4,335,298			4,522,406
PV of expected future net premiums, Not discounted	4,754,498			4,881,053
PV of expected future net premiums, At original discount rates	2,985,660	2,948,641	2,941,261	3,022,654	2,957,769	2,949,851
PV of expected future net premiums, At current discount rates	2,984,554	2,997,723	2,908,501	3,138,706	3,337,152	3,611,659
PV of expected future policy benefits, Not discounted	4,976,470			5,161,077
PV of expected future policy benefits, At original discount rates	3,116,768	3,079,790	3,080,633	3,160,028	3,095,417	3,090,901
PV of expected future policy benefits, At current discount rates	3,116,389	3,132,462	3,046,829	3,285,696	3,508,485	3,810,559
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	6,569,913			5,972,275
PV of expected future gross premiums, At original discount rates	3,903,618			3,605,039
PV of expected future gross premiums, At current discount rates	3,684,436			3,512,619
PV of expected future net premiums, Not discounted	2,958,074			2,805,839
PV of expected future net premiums, At original discount rates	1,771,206	1,750,468	1,729,219	1,706,794	1,699,135	1,688,590
PV of expected future net premiums, At current discount rates	1,661,020	1,664,414	1,594,992	1,650,507	1,790,237	1,944,714
PV of expected future policy benefits, Not discounted	6,483,691			6,083,626
PV of expected future policy benefits, At original discount rates	3,436,167	3,387,380	3,336,344	3,267,244	3,232,281	3,193,342
PV of expected future policy benefits, At current discount rates	$ 3,167,461	$ 3,174,672	$ 3,005,664	$ 3,129,877	$ 3,476,639	$ 3,840,322

Policy Liabilities - Schedule_7

Policy Liabilities - Schedule of Policyholder Account Balance (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest Sensitive Life
Policyholder Account Balance [Roll Forward]
Beginning Balance	$ 737,900,000	$ 744,244,000	$ 739,105,000	$ 745,335,000
Issuances	0	0	0	0
Premiums received	5,634,000	6,090,000	11,664,000	12,387,000
Policy charges	(3,197,000)	(3,400,000)	(6,516,000)	(6,874,000)
Surrenders and withdrawals	(5,238,000)	(5,473,000)	(10,622,000)	(10,753,000)
Benefit payments	(7,651,000)	(9,362,000)	(15,495,000)	(18,361,000)
Interest credited	7,056,000	7,195,000	14,191,000	14,365,000
Other	2,416,000	2,999,000	4,593,000	6,194,000
Ending Balance	$ 736,920,000	$ 742,293,000	$ 736,920,000	$ 742,293,000
Weighted-average credit rate	3.88%	3.93%	3.88%	3.93%
Net amount at risk	$ 1,819,695,000	$ 1,924,662,000	$ 1,819,695,000	$ 1,924,662,000
Cash surrender value	675,044,000	691,193,000	675,044,000	691,193,000
Deferred Annuity
Policyholder Account Balance [Roll Forward]
Beginning Balance	907,797,000	1,027,087,000	954,318,000	1,033,525,000
Issuances	169,000	353,000	371,000	693,000
Premiums received	3,328,000	5,858,000	8,104,000	14,074,000
Policy charges	0	0	0	0
Surrenders and withdrawals	(43,738,000)	(14,243,000)	(87,271,000)	(26,116,000)
Benefit payments	(21,628,000)	(11,379,000)	(37,412,000)	(23,452,000)
Interest credited	7,185,000	8,300,000	14,745,000	16,590,000
Other	(49,000)	(172,000)	209,000	490,000
Ending Balance	$ 853,064,000	$ 1,015,804,000	$ 853,064,000	$ 1,015,804,000
Weighted-average credit rate	3.30%	3.29%	3.30%	3.29%
Cash surrender value	$ 853,064,000	$ 1,015,786,000	$ 853,064,000	$ 1,015,786,000
Other Policyholders' Funds
Policyholder Account Balance [Roll Forward]
Beginning Balance	142,686,000	100,124,000	123,234,000	99,468,000
Issuances	0	0	0	0
Premiums received	46,747,000	1,848,000	68,409,000	3,892,000
Policy charges	0	0	0	0
Surrenders and withdrawals	(3,021,000)	(2,837,000)	(6,324,000)	(5,642,000)
Benefit payments	0	0	0	0
Interest credited	2,101,000	1,133,000	3,339,000	2,258,000
Other	(640,000)	(34,000)	(785,000)	258,000
Ending Balance	$ 187,873,000	$ 100,234,000	$ 187,873,000	$ 100,234,000
Weighted-average credit rate	5.18%	4.60%	5.18%	4.60%
Cash surrender value	$ 187,872,000	$ 100,234,000	$ 187,872,000	$ 100,234,000

Policy Liabilities - Schedule_8

Policy Liabilities - Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate (Details) $ in Thousands	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
51-150 basis points above \| Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range above guaranteed minimum crediting rates (percent)	0.0051		0.0051
51-150 basis points above \| Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range above guaranteed minimum crediting rates (percent)	0.0150
Interest Sensitive Life
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 736,920	$ 737,900	$ 739,105	$ 742,293	$ 744,244	$ 745,335
Interest Sensitive Life \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	736,920			742,293
Interest Sensitive Life \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life \| Less than 3.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life \| Less than 3.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life \| 3.00%-3.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 29,014			$ 28,699
Interest Sensitive Life \| 3.00%-3.99% \| At guaranteed minimum \| Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Interest Sensitive Life \| 3.00%-3.99% \| At guaranteed minimum \| Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3.99%			3.99%
Interest Sensitive Life \| 3.00%-3.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life \| 3.00%-3.99% \| 51-150 basis points above \| Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Interest Sensitive Life \| 3.00%-3.99% \| 51-150 basis points above \| Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3.99%			3.99%
Interest Sensitive Life \| 4.00%-4.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 618,071			$ 624,330
Interest Sensitive Life \| 4.00%-4.99% \| At guaranteed minimum \| Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4%			4%
Interest Sensitive Life \| 4.00%-4.99% \| At guaranteed minimum \| Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4.99%			4.99%
Interest Sensitive Life \| 4.00%-4.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life \| 4.00%-4.99% \| 51-150 basis points above \| Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4%			4%
Interest Sensitive Life \| 4.00%-4.99% \| 51-150 basis points above \| Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4.99%			4.99%
Interest Sensitive Life \| Greater than 5.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	5%			5%
Range of guaranteed minimum crediting rates	$ 89,835			$ 89,264
Interest Sensitive Life \| Greater than 5.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	5%			5%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Deferred Annuity
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	853,064	907,797	954,318	1,015,804	1,027,087	1,033,525
Deferred Annuity \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	853,064			1,015,804
Deferred Annuity \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity \| Less than 3.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	2,076			2,168
Deferred Annuity \| Less than 3.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity \| 3.00%-3.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	647,355			801,318
Deferred Annuity \| 3.00%-3.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity \| 4.00%-4.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	203,633			212,318
Deferred Annuity \| 4.00%-4.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity \| Greater than 5.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity \| Greater than 5.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	187,873	$ 142,686	$ 123,234	100,234	$ 100,124	$ 99,468
Other \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	139,507			100,234
Other \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	48,366			0
Other \| Less than 3.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	88,301			0
Other \| Less than 3.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other \| 3.00%-3.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	4,025			2,937
Other \| 3.00%-3.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other \| 4.00%-4.99% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	8,587			58,981
Other \| 4.00%-4.99% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	48,366			0
Other \| Greater than 5.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	38,594			38,316
Other \| Greater than 5.00% \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0

Deferred Acquisition Costs - Sc

Deferred Acquisition Costs - Schedule of Analysis of Deferred Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance				$ 5,535,697
Amortization expense	$ (94,080)	$ (86,185)		(186,402)	$ (170,681)
Ending Balance	5,778,732	5,306,420		5,778,732	5,306,420
Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	4,952,262	4,528,420	$ 4,412,015	4,844,291	4,412,015
Capitalizations	188,630		186,914	378,977	373,510
Amortization expense	(81,173)		(73,681)	(160,762)	(145,610)
Foreign exchange adjustment	5,546		(6,978)	2,759	(5,240)
Experience adjustment	0		0	0	0
Ending Balance	5,065,265	4,634,675	4,528,420	5,065,265	4,634,675
Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	697,958	657,275	649,082	686,763	649,082
Capitalizations	24,012	21,362		47,641	41,581
Amortization expense	(12,484)	(12,052)		(24,792)	(24,166)
Foreign exchange adjustment	183	(376)		57	(288)
Experience adjustment	0	0		0	0
Ending Balance	709,669	666,209	657,275	709,669	666,209
American Income \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	2,332,600	2,042,907	1,960,254	2,258,291	1,960,254
Capitalizations	118,777		115,593	234,172	230,021
Amortization expense	(39,443)		(34,751)	(77,742)	(68,264)
Foreign exchange adjustment	5,546		(6,978)	2,759	(5,240)
Experience adjustment	0		0	0	0
Ending Balance	2,417,480	2,116,771	2,042,907	2,417,480	2,116,771
American Income \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	59,890	51,820	49,406	57,811	49,406
Capitalizations	3,177	3,190		6,320	6,345
Amortization expense	(965)	(858)		(1,903)	(1,687)
Foreign exchange adjustment	183	(376)		57	(288)
Experience adjustment	0	0		0	0
Ending Balance	62,285	53,776	51,820	62,285	53,776
United American \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	76,388	80,204	81,140	77,394	81,140
Capitalizations	489	488		996	1,068
Amortization expense	(1,528)	(1,518)		(3,041)	(3,034)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	75,349	79,174	80,204	75,349	79,174
DTC \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,699,588	1,608,739	1,583,695	1,676,931	1,583,695
Capitalizations	39,979		45,441	87,389	93,657
Amortization expense	(24,852)		(23,446)	(49,605)	(46,618)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	1,714,715	1,630,734	1,608,739	1,714,715	1,630,734
DTC \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,807	1,988	2,032	1,854	2,032
Capitalizations	0	2		0	2
Amortization expense	(47)	(45)		(94)	(89)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	1,760	1,945	1,988	1,760	1,945
Family Heritage \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	425,145	394,925	388,967	416,608	388,967
Capitalizations	15,494	13,067		30,591	25,430
Amortization expense	(6,640)	(6,270)		(13,200)	(12,675)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	433,999	401,722	394,925	433,999	401,722
Liberty National \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	622,532	575,838	566,419	610,723	566,419
Capitalizations	26,428		22,349	50,649	42,814
Amortization expense	(12,751)		(11,289)	(25,163)	(22,335)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	636,209	586,898	575,838	636,209	586,898
Liberty National \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	134,728	128,338	127,537	133,096	127,537
Capitalizations	4,852	4,615		9,734	8,736
Amortization expense	(3,304)	(3,361)		(6,554)	(6,681)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	136,276	129,592	128,338	136,276	129,592
Other \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	297,542	300,936	301,647	298,346	301,647
Capitalizations	3,446		3,531	6,767	7,018
Amortization expense	(4,127)		(4,195)	(8,252)	(8,393)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	$ 296,861	$ 300,272	$ 300,936	$ 296,861	$ 300,272

Deferred Acquisition Costs - _2

Deferred Acquisition Costs - Schedule of Deferred Policy Acquisition Costs to Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 5,778,732		$ 5,535,697	$ 5,306,420			$ 4,587,547	$ 4,595,444
Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	5,065,265	$ 4,952,262	4,844,291	4,634,675	$ 4,528,420	$ 4,412,015	3,983,021	3,982,159
Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	709,669	697,958	686,763	666,209	657,275	649,082	596,217	610,069
Annuity
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	3,798			5,536			8,309	3,216
United American \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	75,349	76,388	77,394	79,174	80,204	81,140	65,020	74,353
American Income \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,417,480	2,332,600	2,258,291	2,116,771	2,042,907	1,960,254	1,647,761	1,647,761
American Income \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	62,285	59,890	57,811	53,776	51,820	49,406	39,477	39,477
Family Heritage \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	433,999	425,145	416,608	401,722	394,925	388,967	364,751	364,751
DTC \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,714,715	1,699,588	1,676,931	1,630,734	1,608,739	1,583,695	1,498,970	1,498,435
DTC \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,760	1,807	1,854	1,945	1,988	2,032	2,215	6,600
Liberty National \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	636,209	622,532	610,723	586,898	575,838	566,419	531,504	531,504
Liberty National \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	136,276	134,728	133,096	129,592	128,338	127,537	124,754	124,888
Other \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 296,861	$ 297,542	$ 298,346	$ 300,272	$ 300,936	$ 301,647	$ 304,786	$ 304,459

Liability for Unpaid Claims - S

Liability for Unpaid Claims - Schedule of Liability for Unpaid Health Claims (Details) - Health claims - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Activity in the Liability for Unpaid Health Claims
Beginning balance	$ 182,202	$ 171,109
Incurred related to:
Current year	346,586	676,190
Prior year	(3,905)	(15,631)
Total incurred	342,681	660,559
Paid related to:
Current year	216,609	517,856
Prior year	123,512	131,610
Total paid	340,121	649,466
Ending balance	$ 184,762	$ 182,202

Liability for Unpaid Claims -_2

Liability for Unpaid Claims - Schedule of Reconciliation of Policy Claims and Other Benefits Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jan. 01, 2021	Dec. 31, 2020
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 510,929	$ 507,219	$ 473,524	$ 399,507
Life insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	326,167	325,017
Health insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 184,762	$ 182,202

Postretirement Benefits - Sched

Postretirement Benefits - Schedule of Pension Assets by Component at Fair Value (Details) - Pension Plan - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 537,607	$ 499,775
Percentage of plan assets	100%	100%
Investment funds, percentage ownership by pension plan	1%	1%
Expected life of investment	2 years	3 years
Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 524,655	$ 485,487
Percentage of plan assets	98%	97%
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 320,363	$ 269,311
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	204,292	216,176
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 12,952	$ 14,288
Percentage of plan assets	2%	3%
Total corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 32,449	$ 128,647
Percentage of total plan assets, within plan asset category	6%	26%
Total corporate bonds \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Total corporate bonds \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	32,449	128,647
Total corporate bonds \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Financial
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 14,975	$ 35,649
Percentage of total plan assets, within plan asset category	3%	7%
Financial \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Financial \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	14,975	35,649
Financial \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Utilities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 2,964	$ 23,436
Percentage of total plan assets, within plan asset category	1%	5%
Utilities \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Utilities \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	2,964	23,436
Utilities \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Energy
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 2,314	$ 12,776
Percentage of total plan assets, within plan asset category	0%	3%
Energy \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Energy \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	2,314	12,776
Energy \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other corporates
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 12,196	$ 56,786
Percentage of total plan assets, within plan asset category	2%	11%
Other corporates \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Other corporates \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	12,196	56,786
Other corporates \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Exchange traded funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 300,647	$ 258,297
Percentage of total plan assets, within plan asset category	56%	52%
Exchange traded funds \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 300,647	$ 258,297
Exchange traded funds \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Exchange traded funds \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
U.S. Government and Agency
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 128,725	$ 44,213
Percentage of total plan assets, within plan asset category	24%	9%
U.S. Government and Agency \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
U.S. Government and Agency \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	128,725	44,213
U.S. Government and Agency \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 6	$ 200
Percentage of total plan assets, within plan asset category	0%	0%
Other bonds \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Other bonds \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	6	200
Other bonds \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Guaranteed annuity contract
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 43,112	$ 43,116
Percentage of total plan assets, within plan asset category	8%	8%
Guaranteed annuity contract \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Guaranteed annuity contract \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	43,112	43,116
Guaranteed annuity contract \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Short-term investments
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 14,695	$ 4,467
Percentage of total plan assets, within plan asset category	3%	1%
Short-term investments \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 14,695	$ 4,467
Short-term investments \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Short-term investments \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 5,021	$ 6,547
Percentage of total plan assets, within plan asset category	1%	1%
Other \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 5,021	$ 6,547
Other \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0

Postretirement Benefits - Sch_2

Postretirement Benefits - Schedule of Information Regarding the SERP (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Retirement Benefits [Abstract]
Premiums paid for insurance coverage	$ 443	$ 443
Total investments:
Company owned life insurance	54,458		$ 54,681
Exchange traded funds	79,467		71,258
Total investments of SERP	$ 133,925		$ 125,939

Postretirement Benefits - Sch_3

Postretirement Benefits - Schedule of Pension Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	$ 605,504	$ 562,567
Qualified Plan \| Pension Plans \| Defined Benefit Plan, Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	534,621	492,103
Nonqualified Plan \| SERP
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	$ 70,883	$ 70,464

Postretirement Benefits - Sch_4

Postretirement Benefits - Schedule of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Retirement Benefits [Abstract]
Service cost	$ 5,390	$ 8,656	$ 10,782	$ 17,311
Interest cost	7,834	6,121	15,668	12,244
Expected return on assets	(9,656)	(8,885)	(19,312)	(17,770)
Prior service cost	269	158	538	316
Actuarial (gain) loss	(52)	3,208	(104)	6,417
Net periodic benefit cost	$ 3,785	$ 9,258	$ 7,572	$ 18,518

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
Earnings Per Share (Details) - shares	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Basic weighted average shares outstanding (in shares)	95,330,416	98,222,993	95,856,391	98,745,402
Weighted average dilutive options outstanding (in shares)	921,019	717,686	1,228,920	841,940
Diluted weighted average shares outstanding (in shares)	96,251,435	98,940,679	97,085,311	99,587,342
Antidilutive shares (in shares)	492,970	3,882,884	351,343	2,232,662

Debt - Additional Information (

Debt - Additional Information (Details)		6 Months Ended
Debt - Additional Information (Details)	May 11, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Activity-based common stock ownership percentage		0.041
FHLB stock		$ 16,500,000	$ 14,300,000
Long-term debt, net, book value		1,798,117,000	1,793,452,000
Total short-term debt, par value		260,000,000
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Total short-term debt, par value		0	0
Estimate of Fair Value Measurement \| Asset Pledged as Collateral
Debt Instrument [Line Items]
Fair value of pledged assets		$ 902,000,000
Junior Subordinated Debentures Due 2056
Debt Instrument [Line Items]
Interest rate		4.25%
Senior Notes Due 2023
Debt Instrument [Line Items]
Debt	$ 170,000,000	$ 0	165,500,000
Long-term debt, term	18 months
Proceeds from issuance of senior long-term debt	$ 166,000,000
Interest rate	7.875%	7.875%
Senior Notes
Debt Instrument [Line Items]
Optional redemption, period from issuance date		5 years
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 655,000,000
Long-term debt, net, book value		$ 88,000,000	$ 23,000,000

Debt - Schedule of Selected Inf

Debt - Schedule of Selected Information about Debt Issues (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	May 11, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Long-term debt, par value, gross	$ 1,820,000,000
Current maturity of long-term debt, par value	0
Par Value	1,820,000,000
Total short-term debt, par value	260,000,000
Total debt, par value	2,080,000,000
Unamortized discount & issuance costs, noncurrent	(21,883,000)
Unamortized discount & issuance costs, current maturities	0
Unamortized discount & issuance costs, long-term debt	(21,883,000)
Unamortized discount & issuance costs, current	(1,768,000)
Total debt, unamortized discount & issuance costs,	(23,651,000)
Long-term debt, net, book value	1,798,117,000		$ 1,793,452,000
Current maturity of long-term debt, book value	0		165,500,000
Total long-term debt	1,798,117,000		1,627,952,000
Total short-term debt, book value	258,232,000		449,103,000
Total debt, book value	2,056,349,000		2,077,055,000
Long-term debt, gross, fair value	1,633,248,000
Current maturity of term loan, fair value	0
Fair Value	1,633,248,000
Total short-term debt, fair value	258,232,000
Total debt, fair value	1,891,480,000
Commercial paper
Debt Instrument [Line Items]
Total short-term debt, par value	260,000,000
Unamortized discount & issuance costs, current	(1,768,000)
Total short-term debt, book value	258,232,000		283,603,000
Total short-term debt, fair value	$ 258,232,000
Senior Notes Due 2023
Debt Instrument [Line Items]
Coupon Rate	7.875%	7.875%
Long-term debt, par value, gross	$ 0
Unamortized discount & issuance costs, noncurrent	0
Debt	0	$ 170,000,000	165,500,000
Long-term debt, gross, fair value	$ 0
Senior Notes Due 2028
Debt Instrument [Line Items]
Coupon Rate	4.55%
Long-term debt, par value, gross	$ 550,000,000
Unamortized discount & issuance costs, noncurrent	(4,058,000)
Debt	545,942,000		545,601,000
Long-term debt, gross, fair value	$ 531,146,000
Senior Notes Due 2030
Debt Instrument [Line Items]
Coupon Rate	2.15%
Long-term debt, par value, gross	$ 400,000,000
Unamortized discount & issuance costs, noncurrent	(3,555,000)
Debt	396,445,000		396,219,000
Long-term debt, gross, fair value	$ 315,536,000
Senior Notes Due June 15 2032
Debt Instrument [Line Items]
Coupon Rate	4.80%
Long-term debt, par value, gross	$ 250,000,000
Unamortized discount & issuance costs, noncurrent	(4,317,000)
Debt	245,683,000		245,493,000
Long-term debt, gross, fair value	239,521,000
Senior Notes Due June 15 2032 \| Consolidation Eliminations \| Subsidiaries
Debt Instrument [Line Items]
Long-term debt, net, book value	$ 150,000,000
Junior Subordinated Debentures Due 2057
Debt Instrument [Line Items]
Coupon Rate	5.275%
Long-term debt, par value, gross	$ 125,000,000
Unamortized discount & issuance costs, noncurrent	(1,582,000)
Debt	123,418,000		123,410,000
Long-term debt, gross, fair value	$ 122,104,000
Junior Subordinated Debentures Due 2061
Debt Instrument [Line Items]
Coupon Rate	4.25%
Long-term debt, par value, gross	$ 325,000,000
Unamortized discount & issuance costs, noncurrent	(7,732,000)
Debt	317,268,000		317,229,000
Long-term debt, gross, fair value	$ 255,580,000
Term Loan Due November 11 2024
Debt Instrument [Line Items]
Coupon Rate	6.20%
Long-term debt, par value, gross	$ 170,000,000
Unamortized discount & issuance costs, noncurrent	(639,000)
Debt	169,361,000		$ 0
Long-term debt, gross, fair value	$ 169,361,000
Term Loan Due November 11 2024 \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread	1.35%

Business Segments - Schedule of

Business Segments - Schedule of Segment Premium Income by Distribution Channel (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) segment	Jun. 30, 2022 USD ($)
Segment Reporting [Abstract]
Number of segments \| segment			4
Segment Reporting Information [Line Items]
Revenue	$ 1,110,920	$ 1,077,199	$ 2,206,010	$ 2,142,011
% of Total	100%	100%	100%	100%
Life
Segment Reporting Information [Line Items]
Revenue	$ 781,733	$ 756,892	$ 1,554,330	$ 1,506,020
% of Total	100%	100%	100%	100%
Health
Segment Reporting Information [Line Items]
Revenue	$ 329,187	$ 320,307	$ 651,680	$ 635,991
% of Total	100%	100%	100%	100%
Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
American Income
Segment Reporting Information [Line Items]
Revenue	$ 424,147	$ 405,159	$ 841,253	$ 804,031
% of Total	38%	38%	38%	37%
American Income \| Life
Segment Reporting Information [Line Items]
Revenue	$ 394,620	$ 375,748	$ 782,132	$ 745,854
% of Total	51%	50%	51%	49%
American Income \| Health
Segment Reporting Information [Line Items]
Revenue	$ 29,527	$ 29,411	$ 59,121	$ 58,177
% of Total	9%	9%	9%	9%
American Income \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Direct to Consumer
Segment Reporting Information [Line Items]
Revenue	$ 265,782	$ 265,112	$ 530,697	$ 528,772
% of Total	24%	25%	24%	25%
Direct to Consumer \| Life
Segment Reporting Information [Line Items]
Revenue	$ 248,607	$ 247,264	$ 496,274	$ 492,996
% of Total	32%	33%	32%	33%
Direct to Consumer \| Health
Segment Reporting Information [Line Items]
Revenue	$ 17,175	$ 17,848	$ 34,423	$ 35,776
% of Total	5%	6%	5%	6%
Direct to Consumer \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Liberty National
Segment Reporting Information [Line Items]
Revenue	$ 133,537	$ 128,162	$ 265,712	$ 256,482
% of Total	12%	12%	12%	12%
Liberty National \| Life
Segment Reporting Information [Line Items]
Revenue	$ 86,634	$ 81,316	$ 171,837	$ 161,876
% of Total	11%	11%	11%	11%
Liberty National \| Health
Segment Reporting Information [Line Items]
Revenue	$ 46,903	$ 46,846	$ 93,875	$ 94,606
% of Total	14%	15%	14%	15%
Liberty National \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
United American
Segment Reporting Information [Line Items]
Revenue	$ 139,302	$ 137,447	$ 273,791	$ 271,211
% of Total	13%	13%	12%	13%
United American \| Life
Segment Reporting Information [Line Items]
Revenue	$ 1,849	$ 2,003	$ 3,731	$ 4,077
% of Total	0%	0%	0%	0%
United American \| Health
Segment Reporting Information [Line Items]
Revenue	$ 137,453	$ 135,444	$ 270,060	$ 267,134
% of Total	42%	42%	42%	42%
United American \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Family Heritage
Segment Reporting Information [Line Items]
Revenue	$ 99,642	$ 92,131	$ 197,194	$ 183,030
% of Total	9%	8%	9%	8%
Family Heritage \| Life
Segment Reporting Information [Line Items]
Revenue	$ 1,513	$ 1,373	$ 2,993	$ 2,732
% of Total	0%	0%	0%	0%
Family Heritage \| Health
Segment Reporting Information [Line Items]
Revenue	$ 98,129	$ 90,758	$ 194,201	$ 180,298
% of Total	30%	28%	30%	28%
Family Heritage \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Other
Segment Reporting Information [Line Items]
Revenue	$ 48,510	$ 49,188	$ 97,363	$ 98,485
% of Total	4%	4%	5%	5%
Other \| Life
Segment Reporting Information [Line Items]
Revenue	$ 48,510	$ 49,188	$ 97,363	$ 98,485
% of Total	6%	6%	6%	7%
Other \| Health
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Other \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%

Business Segments - Schedule _2

Business Segments - Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Premium	$ 1,110,920	$ 1,077,199		$ 2,206,010	$ 2,142,011
Net investment income	261,244	244,712		518,349	489,606
Other income	85	299		135	463
Total revenue	1,372,249	1,322,210		2,724,494	2,632,080
Expenses:
Policy benefits	717,510	691,431		1,425,437	1,385,580
Required interest on reserves	0	0		0	0
Amortization of acquisition costs	94,080	86,185		186,402	170,681
Commissions, premium taxes, and non-deferred acquisition costs	138,459	126,213		276,256	251,722
Insurance administrative expense	75,459	78,685		149,366	151,362
Parent expense	3,088	2,525		5,673	5,165
Stock-based compensation expense	7,486	8,448		15,165	17,483
Interest expense	25,818	21,828		50,685	41,772
Total benefits and expenses	1,061,900	1,015,315		2,108,984	2,023,765
Subtotal	310,349	306,895		615,510	608,315
Non-operating items	0	4,617		0	4,729
Measure of segment profitability (pretax)	310,349	311,512		615,510	613,044
Realized gain (loss)—investments	(45,843)	(30,446)		(76,770)	(37,690)
Non-operating expenses		(4,617)			(4,729)
Income before income taxes	264,506	276,449		538,740	570,625
Life
Revenue:
Premium	781,733	756,892		1,554,330	1,506,020
Expenses:
Amortization of acquisition costs	81,173		$ 73,681	160,762	145,610
Health
Revenue:
Premium	329,187	320,307		651,680	635,991
Expenses:
Amortization of acquisition costs	12,484	12,052		24,792	24,166
Annuity
Revenue:
Premium	0	0		0	0
Operating Segments
Expenses:
Non-operating items	0	0		0	0
Operating Segments \| Life
Revenue:
Premium	781,733	756,892		1,554,330	1,506,020
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	781,733	756,892		1,554,330	1,506,020
Expenses:
Policy benefits	512,664	492,364		1,020,641	987,793
Required interest on reserves	(191,781)	(182,756)		(381,602)	(364,128)
Amortization of acquisition costs	81,173	73,681		160,762	145,610
Commissions, premium taxes, and non-deferred acquisition costs	83,547	74,478		167,125	148,026
Insurance administrative expense	0	0		0	0
Parent expense	0	0		0	0
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	485,603	457,767		966,926	917,301
Subtotal	296,130	299,125		587,404	588,719
Measure of segment profitability (pretax)	296,130	299,125		587,404	588,719
Operating Segments \| Health
Revenue:
Premium	329,187	320,307		651,680	635,991
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	329,187	320,307		651,680	635,991
Expenses:
Policy benefits	195,924	190,075		386,886	379,093
Required interest on reserves	(26,548)	(25,460)		(52,871)	(50,730)
Amortization of acquisition costs	12,484	12,052		24,792	24,166
Commissions, premium taxes, and non-deferred acquisition costs	54,908	51,729		109,122	103,681
Insurance administrative expense	0	0		0	0
Parent expense	0	0		0	0
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	236,768	228,396		467,929	456,210
Subtotal	92,419	91,911		183,751	179,781
Measure of segment profitability (pretax)	92,419	91,911		183,751	179,781
Operating Segments \| Annuity
Revenue:
Premium	0	0		0	0
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	0	0		0	0
Expenses:
Policy benefits	7,107	7,922		14,648	16,564
Required interest on reserves	(9,715)	(11,361)		(19,974)	(22,728)
Amortization of acquisition costs	423	452		848	905
Commissions, premium taxes, and non-deferred acquisition costs	4	6		9	15
Insurance administrative expense	0	0		0	0
Parent expense	0	0		0	0
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	(2,181)	(2,981)		(4,469)	(5,244)
Subtotal	2,181	2,981		4,469	5,244
Measure of segment profitability (pretax)	2,181	2,981		4,469	5,244
Operating Segments \| Investment
Revenue:
Premium	0	0		0	0
Net investment income	261,244	244,712		518,349	489,606
Other income	0	0		0	0
Total revenue	261,244	244,712		518,349	489,606
Expenses:
Policy benefits	1,815	1,070		3,262	2,130
Required interest on reserves	228,044	219,577		454,447	437,586
Amortization of acquisition costs	0	0		0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0		0	0
Insurance administrative expense	0	0		0	0
Parent expense	0	0		0	0
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	229,859	220,647		457,709	439,716
Subtotal	31,385	24,065		60,640	49,890
Measure of segment profitability (pretax)	31,385	24,065		60,640	49,890
Corporate & Other
Revenue:
Premium	0	0		0	0
Net investment income	0	0		0	0
Other income	85	299		135	463
Total revenue	85	299		135	463
Expenses:
Policy benefits	0	0		0	0
Required interest on reserves	0	0		0	0
Amortization of acquisition costs	0	0		0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0		0	0
Insurance administrative expense	75,459	73,700		149,366	146,265
Parent expense	3,088	2,893		5,673	5,533
Stock-based compensation expense	7,486	8,448		15,165	17,483
Interest expense	25,818	21,828		50,685	41,772
Total benefits and expenses	111,851	106,869		220,889	211,053
Subtotal	(111,766)	(106,570)		(220,754)	(210,590)
Non-operating items	0	0		0	0
Measure of segment profitability (pretax)	(111,766)	(106,570)		(220,754)	(210,590)
Adjustments
Revenue:
Premium	0	0		0	0
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	0	0		0	0
Expenses:
Policy benefits	0	0		0	0
Required interest on reserves	0	0		0	0
Amortization of acquisition costs	0	0		0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0		0	0
Insurance administrative expense		4,985			5,097
Parent expense	0	(368)			(368)
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	0	4,617		0	4,729
Subtotal	0	(4,617)		0	(4,729)
Non-operating items		4,617		0	4,729
Measure of segment profitability (pretax)	$ 0	$ 0		$ 0	$ 0