Globe Life (GL) 10-Q6 Nov 232023 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2023	Oct. 31, 2023
Entity Listings [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 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		94,118,740
Entity Central Index Key	0000320335
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
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	Sep. 30, 2023	Dec. 31, 2022
Investments:
Fixed maturities—available for sale, at fair value (amortized cost: 2023—$18,914,693; 2022—$18,301,692, allowance for credit losses: 2023— $7,500; 2022— $0)	$ 16,260,034	$ 16,503,365
Policy loans	644,553	614,866
Other long-term investments (includes: 2023—$782,210; 2022—$768,689 under the fair value option)	1,050,106	976,016
Short-term investments	83,934	114,121
Total investments	18,038,627	18,208,368
Cash	85,546	92,559
Accrued investment income	284,642	259,581
Other receivables	616,881	589,079
Deferred acquisition costs	5,889,293	5,535,697
Goodwill	481,791	481,791
Other assets	769,247	760,066
Total assets	26,166,027	25,927,141
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,757,558; 2022—$16,306,870)	17,218,098	18,040,042
Unearned and advance premium	260,843	253,140
Policy claims and other benefits payable	503,072	507,219
Other policyholders' funds	218,210	123,236
Total policy liabilities	18,200,223	18,923,637
Current and deferred income taxes	554,853	434,649
Short-term debt	447,537	449,103
Long-term debt (estimated fair value: 2023—$1,586,674; 2022—$1,440,277)	1,798,583	1,627,952
Other liabilities	541,700	542,223
Total liabilities	21,542,896	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	543,693	529,661
Accumulated other comprehensive income (loss)	(2,458,974)	(2,790,313)
Retained earnings	7,519,893	6,894,535
Treasury stock, at cost: (2023—10,952,084 shares; 2022—8,478,288 shares)	(1,086,699)	(789,524)
Total shareholders' equity	4,623,131	3,949,577
Total liabilities and shareholders' equity	$ 26,166,027	$ 25,927,141

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fixed maturities, available for sale, amortized cost	$ 18,914,693	$ 18,301,692
Fixed maturities, available for sale, allowance for credit losses	7,500	0
Other long-term investments under fair value option	1,050,106	976,016
Net liabilities for future policy benefits	16,757,558	16,306,870
Total long-term debt, fair value	$ 1,586,674	$ 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)	10,952,084	8,478,288
Partnership Interest - Fair Value Option \| Investment in Limited Partnerships
Other long-term investments under fair value option	$ 782,210	$ 768,689

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue:
Revenue		$ 1,119,335	$ 1,079,282	$ 3,325,345	$ 3,221,293
Net investment income		266,926	246,711	785,275	736,317
Realized gains (losses)		(2,193)	(29,155)	(78,963)	(66,845)
Other income		50	399	185	862
Total revenue		1,384,118	1,297,237	4,031,842	3,891,627
Benefits and expenses:
Life policyholder benefits	[1]	515,676	545,933	1,536,317	1,533,726
Health policyholder benefits	[2]	193,790	182,409	580,676	561,502
Other policyholder benefits		9,578	9,234	27,488	27,928
Total policyholder benefits		719,044	737,576	2,144,481	2,123,156
Amortization of deferred acquisition costs		95,757	88,012	282,159	258,693
Commissions, premium taxes, and non-deferred acquisition costs		138,677	124,768	414,933	376,490
Other operating expense		85,870	88,140	256,074	262,150
Interest expense		25,955	23,965	76,640	65,737
Total benefits and expenses		1,065,303	1,062,461	3,174,287	3,086,226
Income before income taxes		318,815	234,776	857,555	805,401
Income tax benefit (expense)		(61,732)	(44,190)	(161,602)	(153,358)
Net income		$ 257,083	$ 190,586	$ 695,953	$ 652,043
Basic net income per common share (in dollars per share)		$ 2.72	$ 1.96	$ 7.29	$ 6.64
Diluted net income per common share (in dollars per share)		$ 2.68	$ 1.94	$ 7.20	$ 6.58
Life premium
Revenue:
Revenue		$ 788,099	$ 758,875	$ 2,342,429	$ 2,264,895
Health premium
Revenue:
Revenue		331,236	320,406	982,916	956,397
Other
Revenue:
Revenue		$ 0	$ 1	$ 0	$ 1

[1]et of the total remeasurement, including both the impact of assumption changes and the effect of actual to expected experience adjustments, resulting in a $11.3 million gain and a $45.2 million loss for the three months ended September 30, 2023 and 2022, respectively. Net of the total remeasurement gain of $16.5 million for the nine months ended September 30, 2023 and the total remeasurement loss of $49.3 million for the same period in 2022.[2]$7.8 million gain and $9.7 million gain for the three months ended September 30, 2023 and 2022, respectively. Net of the total remeasurement gain of $8.3 million and $13.8 million for the nine months ended September 30, 2023 and 2022, respectively.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Life insurance
Policyholder benefits net of remeasurement gain (loss)	$ 11.3	$ (45.2)	$ 16.5	$ (49.3)
Health premium
Policyholder benefits net of remeasurement gain (loss)	$ 7.8	$ 9.7	$ 8.3	$ 13.8

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net income	$ 257,083	$ 190,586	$ 695,953	$ 652,043
Unrealized gains (losses) on fixed maturities:
Total unrealized investment gains (losses)	(1,065,637)	(1,353,912)	(848,832)	(5,668,696)
Less applicable tax (expense) benefit	223,782	284,319	178,250	1,190,428
Unrealized gains (losses) on investments, net of tax	(841,855)	(1,069,593)	(670,582)	(4,478,268)
Future Policy Benefits:
Change in discount rate on future policy benefits	1,687,310	1,711,223	1,272,631	7,308,021
Less applicable tax (expense) benefit	(354,334)	(359,354)	(267,252)	(1,534,684)
Future policy benefit adjustments, net of tax	1,332,976	1,351,869	1,005,379	5,773,337
Foreign exchange translation:
Foreign exchange translation adjustments, other than securities	(7,881)	(22,375)	(4,039)	(36,556)
Less applicable tax (expense) benefit	1,655	4,697	847	7,675
Foreign exchange translation adjustments, other than securities, net of tax	(6,226)	(17,678)	(3,192)	(28,881)
Pension:
Pension adjustments	35	3,438	(336)	10,316
Less applicable tax (expense) benefit	(7)	(721)	70	(2,166)
Pension adjustments, net of tax	28	2,717	(266)	8,150
Other comprehensive income (loss)	484,923	267,315	331,339	1,274,338
Comprehensive income (loss)	742,006	457,901	1,027,292	1,926,381
Securities
Unrealized gains (losses) on fixed maturities:
Unrealized holding gains (losses) arising during period	(1,068,091)	(1,368,910)	(932,301)	(5,704,042)
Other reclassification adjustments included in net income	851	12,142	82,866	30,371
Foreign exchange adjustment on fixed maturities recorded at fair value	$ 1,603	$ 2,856	$ 603	$ 4,975

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)	1,926,381
Ending balance at Sep. 30, 2022	3,609,969	0	109,218	540,636	(2,960,710)	7,030,901	(1,110,076)
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
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)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	457,901				267,315	190,586
Common dividends declared	(20,126)					(20,126)
Acquisition of treasury stock	(72,031)						(72,031)
Stock-based compensation	9,120			9,120
Exercise of stock options	14,802					(3,240)	18,042
Ending balance at Sep. 30, 2022	3,609,969	0	109,218	540,636	(2,960,710)	7,030,901	(1,110,076)
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)	1,027,292
Ending balance at Sep. 30, 2023	4,623,131	0	105,218	543,693	(2,458,974)	7,519,893	(1,086,699)
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)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	742,006				484,923	257,083
Common dividends declared	(21,181)					(21,181)
Acquisition of treasury stock	(96,898)						(96,898)
Stock-based compensation	7,567			7,567
Exercise of stock options	11,331					(1,818)	13,149
Ending balance at Sep. 30, 2023	$ 4,623,131	$ 0	$ 105,218	$ 543,693	$ (2,458,974)	$ 7,519,893	$ (1,086,699)

Condensed Consolidated Statem_5

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

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Cash Flows [Abstract]
Cash provided from (used for) operating activities	$ 1,091,028	$ 1,050,387
Investments sold or matured:
Fixed maturities available for sale—sold	192,007	346,722
Fixed maturities available for sale—matured or other redemptions	212,936	387,787
Other long-term investments	133,163	55,877
Total investments sold or matured	538,106	790,386
Acquisition of investments:
Fixed maturities—available for sale	(1,076,699)	(1,178,751)
Other long-term investments	(199,093)	(186,275)
Total investments acquired	(1,275,792)	(1,365,026)
Net (increase) decrease in policy loans	(29,687)	(15,792)
Net (increase) decrease in short-term investments	30,187	(16,628)
Additions to property and equipment	(36,449)	(19,766)
Investments in low-income housing interests	(54,337)	(64,023)
Cash provided from (used for) investing activities	(827,972)	(690,849)
Cash provided from (used for) financing activities:
Issuance of common stock	61,079	49,536
Cash dividends paid to shareholders	(62,945)	(60,441)
Repayment of debt	(165,612)	(150,000)
Proceeds from issuance of debt	170,000	250,492
Payment for debt issuance costs	(757)	(5,272)
Proceeds from issuance of debt	198,000	0
Net borrowing (repayment) of commercial paper	(34,066)	(60,582)
Acquisition of treasury stock	(365,929)	(335,452)
Net receipts (payments) from deposit-type products	(69,526)	(66,078)
Cash provided from (used for) financing activities	(269,756)	(377,797)
Effect of foreign exchange rate changes on cash	(313)	11,682
Net increase (decrease) in cash	(7,013)	(6,577)
Cash at beginning of year	92,559	92,163
Cash at end of period	$ 85,546	$ 85,586

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
Significant Accounting Policies	Sep. 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 September 30, 2023, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended September 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 91% 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, and lapses. 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, and lapses) 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 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 lapses. 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	9 Months Ended
New Accounting Standards	Sep. 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 Nine Months Ended As Previously Reported Adoption Impact As Adjusted As Previously Reported Adoption Impact As Adjusted Revenue: Life premium $ 755,115 $ 3,760 $ 758,875 $ 2,269,641 $ (4,746) $ 2,264,895 Health premium 319,289 1,117 320,406 955,478 919 956,397 Net investment income 245,625 1,086 246,711 733,101 3,216 736,317 Benefits and expenses: Life policyholder benefits 494,627 51,306 545,933 1,555,004 (21,278) 1,533,726 Health policyholder benefits 198,415 (16,006) 182,409 592,488 (30,986) 561,502 Other policyholder benefits 6,986 2,248 9,234 21,110 6,818 27,928 Amortization of deferred acquisition costs 156,129 (68,117) 88,012 469,718 (211,025) 258,693 Commissions, premium taxes, and non-deferred acquisition costs 93,028 31,740 124,768 277,436 99,054 376,490 Income before income taxes 229,983 4,793 234,776 648,594 156,807 805,401 Income tax benefit (expense) (43,204) (986) (44,190) (120,450) (32,908) (153,358) Net income $ 186,779 $ 3,807 $ 190,586 $ 528,144 $ 123,899 $ 652,043 Basic net income per common share $ 1.92 $ 0.04 $ 1.96 $ 5.38 $ 1.26 $ 6.64 Diluted net income per common share $ 1.90 $ 0.04 $ 1.94 $ 5.33 $ 1.25 $ 6.58 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	9 Months Ended
	Sep. 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 nine month periods ended September 30, 2023 and 2022: Three Months Ended September 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at July 1, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Other comprehensive income (loss) before reclassifications, net of tax (842,527) 1,332,976 (6,226) — 484,223 Reclassifications, net of tax 672 — — 28 700 Other comprehensive income (loss) (841,855) 1,332,976 (6,226) 28 484,923 Balance at September 30, 2023 $ (2,091,254) $ (363,825) $ (4,873) $ 978 $ (2,458,974) Three Months Ended September 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at July 1, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025) Other comprehensive income (loss) before reclassifications, net of tax (1,079,185) 1,351,869 (17,678) — 255,006 Reclassifications, net of tax 9,592 — — 2,717 12,309 Other comprehensive income (loss) (1,069,593) 1,351,869 (17,678) 2,717 267,315 Balance at September 30, 2022 $ (1,712,978) $ (1,142,573) $ (9,633) $ (95,526) $ (2,960,710) Nine Months Ended September 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 (736,046) 1,005,379 (3,192) — 266,141 Reclassifications, net of tax 65,464 — — (266) 65,198 Other comprehensive income (loss) (670,582) 1,005,379 (3,192) (266) 331,339 Balance at September 30, 2023 $ (2,091,254) $ (363,825) $ (4,873) $ 978 $ (2,458,974) Nine Months Ended September 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 (4,502,261) 5,773,337 (28,881) — 1,242,195 Reclassifications, net of tax 23,993 — — 8,150 32,143 Other comprehensive income (loss) (4,478,268) 5,773,337 (28,881) 8,150 1,274,338 Balance at September 30, 2022 $ (1,712,978) $ (1,142,573) $ (9,633) $ (95,526) $ (2,960,710) Reclassification Adjustments : Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and nine month periods ended September 30, 2023 and 2022. Three Months Ended Nine Months Ended September 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 $ 1,759 $ 12,256 $ 85,230 $ 29,741 Realized (gains) losses Amortization of (discount) premium (908) (114) (2,364) 630 Net investment income Total before tax 851 12,142 82,866 30,371 Tax (179) (2,550) (17,402) (6,378) Income taxes Total after-tax 672 9,592 65,464 23,993 Pension adjustments: Amortization of prior service cost 269 158 807 474 Other operating expense Amortization of actuarial (gain) loss (234) 3,280 (1,143) 9,842 Other operating expense Total before tax 35 3,438 (336) 10,316 Tax (7) (721) 70 (2,166) Income taxes Total after-tax 28 2,717 (266) 8,150 Total reclassification (after-tax) $ 700 $ 12,309 $ 65,198 $ 32,143

Investments

Investments	9 Months Ended
Investments	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	1.20x Total % of Total Loan-to-value ratio (2) : Less than 70% $ 26,987 $ 151,455 $ 36,769 $ 215,211 93 70% to 80% — — — — — 81% to 90% 8,391 — 1,153 9,544 4 Greater than 90% 7,035 — — 7,035 3 Total $ 42,413 $ 151,455 $ 37,922 231,790 100 Less allowance for credit losses (2,988) Total, net of allowance for credit losses $ 228,802 (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 September 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 nine months ended September 30, 2023, the allowance for credit losses increased $1.2 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 Nine Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 2,928 $ 1,109 $ 1,789 $ 827 Provision (reversal) for credit losses 60 1,051 1,199 1,333 Allowance for credit losses ending balance $ 2,988 $ 2,160 $ 2,988 $ 2,160 " 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 September 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 September 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 $ 395,382 $ — $ — $ (55,738) $ 339,644 2 States, municipalities, and political subdivisions 3,319,521 — 14,159 (696,791) 2,636,889 16 Foreign governments 42,085 — — (12,497) 29,588 — Corporates, by sector: Financial 4,938,112 — 22,380 (672,806) 4,287,686 27 Utilities 1,998,424 — 13,550 (190,901) 1,821,073 11 Energy 1,426,415 — 13,284 (136,363) 1,303,336 8 Other corporate sectors 6,671,115 (7,500) 32,193 (976,041) 5,719,767 35 Total corporates 15,034,066 (7,500) 81,407 (1,976,111) 13,131,862 81 Collateralized debt obligations 36,843 — 4,842 — 41,685 — Other asset-backed securities 86,796 — 2 (6,432) 80,366 1 Total fixed maturities $ 18,914,693 $ (7,500) $ 100,410 $ (2,747,569) $ 16,260,034 100 (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 carrying an average rating of A- . 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 September 30, 2023 and December 31, 2022, respectively. Additionally, the Company has exposure to real estate investment trusts with an average rating of BBB+, which had a fair value of $382 million (2% of the total fixed maturity portfolio) and $428 million (3% of the total fixed maturity portfolio) at September 30, 2023 and December 31, 2022, respectively. A schedule of fixed maturities available for sale by contractual maturity date at September 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 September 30, 2023 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 155,607 $ 154,933 Due after one year through five years 1,149,496 1,142,206 Due after five years through ten years 1,818,217 1,732,283 Due after ten years through twenty years 8,160,666 7,271,668 Due after twenty years 7,499,521 5,836,847 Mortgage-backed and asset-backed securities 123,686 122,097 $ 18,907,193 $ 16,260,034 Analysis of Investment Operations: "Net investment income" for the three and nine month periods ended September 30, 2023 and 2022 is summarized as follows: Three Months Ended Nine Months Ended 2023 2022 % Change 2023 2022 % Change Fixed maturities available for sale $ 237,609 $ 227,673 4 $ 704,095 $ 679,710 4 Policy loans 12,446 11,716 6 36,435 34,724 5 Other long-term investments (1) 19,993 10,933 83 52,672 34,349 53 Short-term investments 1,396 969 4,811 1,093 271,444 251,291 8 798,013 749,876 6 Less investment expense (4,518) (4,580) (1) (12,738) (13,559) (6) Net investment income $ 266,926 $ 246,711 8 $ 785,275 $ 736,317 7 (1) For the three months ended September 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $14.0 million and $8.4 million, respectively, in net investment income. For the nine months ended September 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $37.2 million and $27.7 million, 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 Nine Months Ended 2023 2022 2023 2022 Fixed maturities available for sale: Proceeds from sales (1) $ 46,210 $ 127,695 $ 192,034 $ 346,722 Gross realized gains 261 165 308 938 Gross realized losses (67,018) (11,537) (77,879) (56,384) (1) As of September 30, 2023 and 2022, the Company had $27 thousand and $0 of unsettled trades, respectively. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Nine Months Ended 2023 2022 2023 2022 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (66,767) $ (12,256) $ (77,730) $ (30,128) Provision for credit losses 65,008 — (7,500) 387 Fair value option—change in fair value 868 (11,551) 7,954 (15,942) Other investments (1,302) (5,348) (1,687) (21,162) Realized gains (losses) from investments (2,193) (29,155) (78,963) (66,845) Applicable tax 461 6,122 16,583 14,037 Realized gains (losses), net of tax $ (1,732) $ (23,033) $ (62,380) $ (52,808) (1) During the three months ended September 30, 2023 and 2022, the Company recorded $21.1 million and $22.1 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. During the nine months ended September 30, 2023 and 2022, the Company recorded $39.0 million and $24.0 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. During the three months ended September 30, 2023, the Company sold $66 million in securities for which there was a provision for credit losses relating to holdings in Signature Bank New York and First Republic Bank, which entered receivership during the first half of the year. Fair Value Measurements: The following tables represent the fair value of fixed maturities measured on a recurring basis at September 30, 2023 and December 31, 2022: Fair Value Measurement at September 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 $ — $ 339,644 $ — $ 339,644 States, municipalities, and political subdivisions — 2,636,889 — 2,636,889 Foreign governments — 29,588 — 29,588 Corporates, by sector: Financial — 4,164,257 123,429 4,287,686 Utilities — 1,715,887 105,186 1,821,073 Energy — 1,293,028 10,308 1,303,336 Other corporate sectors — 5,523,239 196,528 5,719,767 Total corporates — 12,696,411 435,451 13,131,862 Collateralized debt obligations — — 41,685 41,685 Other asset-backed securities — 80,366 — 80,366 Total fixed maturities $ — $ 15,782,898 $ 477,136 $ 16,260,034 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 — (8,424) (15,968) (24,392) Acquisitions — — — — Sales — — — — Amortization — 3,429 5 3,434 Other (1) — (3,684) (26,669) (30,353) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at September 30, 2023 $ — $ 41,685 $ 435,451 $ 477,136 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 — (13,163) (114,525) (127,688) Acquisitions — — — — Sales — — — — Amortization — 3,382 6 3,388 Other (1) — (3,129) (42,604) (45,733) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at September 30, 2022 $ — $ 50,595 $ 484,565 $ 535,160 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 September 30, 2023 $ — $ (8,424) $ (15,968) $ (24,392) At September 30, 2022 — (13,163) (114,525) (127,688) 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 September 30, 2023 713 1,640 2,353 As of December 31, 2022 1,819 157 1,976 Globe Life's entire fixed maturity portfolio consisted of 2,446 issues by 990 different issuers at September 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 September 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 September 30, 2023 and December 31, 2022. Analysis of Gross Unrealized Investment Losses At September 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 $ 1,920 $ (192) $ 337,694 $ (55,546) $ 339,614 $ (55,738) States, municipalities, and political subdivisions 941,815 (77,118) 1,408,695 (619,673) 2,350,510 (696,791) Foreign governments 1,464 (24) 28,124 (12,473) 29,588 (12,497) Corporates, by sector: Financial 1,399,885 (90,121) 2,066,825 (533,152) 3,466,710 (623,273) Utilities 693,321 (36,324) 649,894 (152,242) 1,343,215 (188,566) Energy 370,280 (16,721) 522,381 (108,746) 892,661 (125,467) Other corporate sectors 1,005,726 (67,518) 3,507,313 (890,230) 4,513,039 (957,748) Total corporates 3,469,212 (210,684) 6,746,413 (1,684,370) 10,215,625 (1,895,054) Collateralized debt obligations — — — — — — Other asset-backed securities — — 69,047 (5,849) 69,047 (5,849) Total investment grade securities 4,414,411 (288,018) 8,589,973 (2,377,911) 13,004,384 (2,665,929) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 25,065 (3,110) 144,381 (46,423) 169,446 (49,533) Utilities — — 27,772 (2,335) 27,772 (2,335) Energy — — 33,774 (10,896) 33,774 (10,896) Other corporate sectors 45,943 (1,920) 56,687 (16,373) 102,630 (18,293) Total corporates 71,008 (5,030) 262,614 (76,027) 333,622 (81,057) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,262 (583) 11,262 (583) Total below investment grade securities 71,008 (5,030) 273,876 (76,610) 344,884 (81,640) Total fixed maturities $ 4,485,419 $ (293,048) $ 8,863,849 $ (2,454,521) $ 13,349,268 $ (2,747,569) 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 Nine Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 72,508 $ — $ — $ 387 Additions to allowance for which credit losses were not previously recorded — — 72,508 — Additions (reductions) to allowance for fixed maturities that previously had an allowance (65,008) — (65,008) — 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 $ 7,500 $ — $ 7,500 $ — As of September 30, 2023 and December 31, 2022, the Company did not have any fixed maturities in non-accrual status. During the three months ended September 30, 2023, the Company sold $66 million in securities for which there was a provision for credit losses relating to holdings in Signature Bank New York and First Republic Bank, which entered receivership during the first half of the year. Other Long-Term Investments : Other long-term investments consist of the following assets: September 30, December 31, 2022 Investment funds $ 782,210 $ 768,689 Commercial mortgage loan participations 228,802 181,305 Other 39,094 26,022 Total $ 1,050,106 $ 976,016 The following table presents additional information about the Company's investment funds as of September 30, 2023 and December 31, 2022 at fair value: Fair Value Unfunded Commitments Investment Category September 30, December 31, 2022 September 30, Redemption Term/Notice Commercial mortgage loans $ 419,120 $ 431,405 $ 575,445 Fully redeemable and non-redeemable with varying terms. Opportunistic and private credit 162,202 158,524 135,000 Fully redeemable and non-redeemable with varying terms. Infrastructure 166,603 159,534 16,279 Fully redeemable and non-redeemable with varying terms. Other 34,285 19,226 60,000 Non-redeemable with varying terms Total investment funds $ 782,210 $ 768,689 $ 786,724 The Company had $103 million of capital called during the year from existing investment funds. Commercial Mortgage Loan Participations (commercial mortgage loans): Summaries of commercial mortgage loans by property type and geographical location at September 30, 2023 and December 31, 2022 are as follows: September 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Property type: Multi-family $ 99,265 43 $ 42,232 23 Mixed use 39,012 17 62,375 34 Industrial 37,778 17 27,248 15 Hospitality 25,159 11 27,796 15 Retail 23,842 10 15,342 9 Office 6,734 3 8,101 5 Total recorded investment 231,790 101 183,094 101 Less allowance for credit losses (2,988) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 228,802 100 $ 181,305 100 September 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Geographic location: California $ 51,371 22 $ 64,477 36 Texas 45,775 20 22,905 13 Florida 33,367 15 33,182 18 New Jersey 25,090 11 — — New York 20,278 9 19,167 11 Washington 14,962 6 14,925 8 Other 40,947 18 28,438 15 Total recorded investment 231,790 101 183,094 101 Less allowance for credit losses (2,988) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 228,802 100 $ 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. September 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% $ 26,987 $ 151,455 $ 36,769 $ 215,211 93 70% to 80% — — — — — 81% to 90% 8,391 — 1,153 9,544 4 Greater than 90% 7,035 — — 7,035 3 Total $ 42,413 $ 151,455 $ 37,922 231,790 100 Less allowance for credit losses (2,988) Total, net of allowance for credit losses $ 228,802 (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 September 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 nine months ended September 30, 2023, the allowance for credit losses increased $1.2 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 Nine Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 2,928 $ 1,109 $ 1,789 $ 827 Provision (reversal) for credit losses 60 1,051 1,199 1,333 Allowance for credit losses ending balance $ 2,988 $ 2,160 $ 2,988 $ 2,160

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 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 September 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; alleged employment discrimination; alleged worker misclassification; 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. On September 30, 2022, putative class action litigation was filed against American Income Life Insurance Company (“American Income”), Giglione-Ackerman Agency, LLC, Eric Giglione and David Ackerman (collectively, “Defendants”) in New Jersey Superior Court (Atiya Bell, et al. v. American Income Life Insurance Company, et al., Case No. MID-L-004928-22). American Income subsequently removed the case to United States District Court for the District of New Jersey (Case No. 2:22-cv-06913-CCC-MAH). Plaintiffs Atiya Bell and Abel Flores (“Plaintiffs”) are former New Jersey independent sales agents who allege they should have been classified as employees, and assert claims under New Jersey state law on behalf of (i) a putative class of registered agents in New Jersey who have worked remotely for at least one week since March 9, 2020, and (ii) a putative class of registered agents in New Jersey who trained for at least one week to become sales agents for American Income in New Jersey during the six years prior to September 30, 2022. Plaintiffs make claims under the New Jersey Wage and Hour Law and the New Jersey Wage Payment Law for the alleged failure to pay minimum wages and overtime pay, including for time spent in training, liquidated damages and attorney’s fees and costs. On December 21, 2022, American Income filed a motion to compel arbitration of the claims pursuant to the provisions of the agent agreements. The Court denied American Income’s motion without prejudice “pending further factual development of the record.” The Court ordered the parties “to conduct limited discovery on the issue of arbitrability,” after which American Income intends to renew its motion to compel arbitration.

Policy Liabilities

Policy Liabilities	9 Months Ended
Policy Liabilities	Sep. 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 nine month periods ended September 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 on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (76,338) (180,498) (15,119) (7,237) (279,192) Adjusted balance at January 1, 2022 3,864,026 5,432,814 1,042,842 444,118 10,783,800 Issuances (1) 596,320 499,777 73,299 23,148 1,192,544 Interest accrual (2) 131,251 204,334 38,378 15,575 389,538 Net premiums collected (3) (366,147) (451,993) (95,338) (32,628) (946,106) Effect of changes in the foreign exchange rate (21,643) — — — (21,643) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 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 on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (103,922) (219,723) (26,533) (13,882) (364,060) Adjusted balance at January 1, 2023 4,157,066 5,497,311 1,044,768 443,746 11,142,891 Issuances (1) 557,844 450,361 92,894 21,756 1,122,855 Interest accrual (2) 147,968 214,988 40,362 17,071 420,389 Net premiums collected (3) (388,288) (461,367) (100,093) (34,542) (984,290) Effect of changes in the foreign exchange rate (631) — — — (631) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 July 1, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Beginning balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of changes in assumptions on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (58,998) (89,037) (5,994) (3,741) (157,770) Adjusted balance at July 1, 2022 4,121,362 5,606,890 1,053,880 448,391 11,230,523 Issuances (1) 176,042 160,780 24,493 7,553 368,868 Interest accrual (2) 44,410 68,476 12,793 5,270 130,949 Net premiums collected (3) (123,636) (151,214) (31,985) (11,001) (317,836) Effect of changes in the foreign exchange rate (14,371) — — — (14,371) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 Balance at July 1, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Beginning balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of changes in assumptions on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (34,571) (91,120) (10,938) (7,232) (143,861) Adjusted balance at July 1, 2023 4,378,747 5,645,404 1,065,801 446,662 11,536,614 Issuances (1) 181,823 136,611 32,045 7,143 357,622 Interest accrual (2) 51,119 72,515 13,707 5,741 143,082 Net premiums collected (3) (131,329) (153,237) (33,622) (11,515) (329,703) Effect of changes in the foreign exchange rate (6,401) — — — (6,401) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (81,429) (174,141) (14,582) (8,325) (278,477) Adjusted balance at January 1, 2022 7,711,306 8,088,028 3,225,039 3,298,706 22,323,079 Issuances (1) 596,320 499,774 73,299 23,148 1,192,541 Interest accrual (2) 305,526 323,432 126,814 145,941 901,713 Benefit payments (3) (287,253) (476,182) (168,502) (92,033) (1,023,970) Effect of changes in the foreign exchange rate (51,726) — — — (51,726) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 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 on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (109,386) (227,639) (27,482) (17,962) (382,469) Adjusted balance at January 1, 2023 8,313,719 8,284,660 3,251,654 3,397,403 23,247,436 Issuances (1) 557,844 450,362 92,894 21,756 1,122,856 Interest accrual (2) 335,349 342,208 130,712 152,378 960,647 Benefit payments (3) (296,133) (432,393) (153,294) (86,008) (967,828) Effect of changes in the foreign exchange rate (819) — — — (819) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 July 1, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Beginning balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of changes in assumptions on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (64,348) (87,105) (5,116) (3,852) (160,421) Adjusted balance at July 1, 2022 8,118,892 8,312,573 3,243,652 3,347,977 23,023,094 Issuances (1) 176,044 160,779 24,493 7,550 368,866 Interest accrual (2) 103,380 108,681 42,392 49,097 303,550 Benefit payments (3) (89,075) (146,981) (53,887) (28,862) (318,805) Effect of changes in the foreign exchange rate (35,068) — — — (35,068) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 Balance at July 1, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Beginning balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of changes in assumptions on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (36,998) (97,632) (14,364) (9,595) (158,589) Adjusted balance at July 1, 2023 8,729,872 8,529,672 3,289,573 3,450,557 23,999,674 Issuances (1) 181,822 136,612 32,046 7,145 357,625 Interest accrual (2) 114,683 115,547 43,991 51,249 325,470 Benefit payments (3) (101,161) (136,994) (43,644) (23,422) (305,221) Effect of changes in the foreign exchange rate (15,256) — — — (15,256) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 September 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,070,366 $ 2,750,120 $ 2,197,469 $ 2,925,549 $ 11,943,504 Effect of changes in discount rate assumptions 595,614 455,731 91,200 488,051 1,630,596 Net liability for future policy benefits at current discount rates 4,665,980 3,205,851 2,288,669 3,413,600 13,574,100 Other Adjustments (1) 851 5,271 (4,056) (33,790) (31,724) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,666,831 $ 3,211,122 $ 2,284,613 $ 3,379,810 $ 13,542,376 (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 September 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,436,001 $ 2,943,544 $ 2,244,035 $ 3,037,498 $ 12,661,078 Effect of changes in discount rate assumptions 235,731 259,725 (27,532) 283,617 751,541 Net liability for future policy benefits at current discount rates 4,671,732 3,203,269 2,216,503 3,321,115 13,412,619 Other Adjustments (1) 367 3,982 (1,389) (32,481) (29,521) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,672,099 $ 3,207,251 $ 2,215,114 $ 3,288,634 $ 13,383,098 (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 nine month periods ended September 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 on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience (22,004) (49,359) (31,290) 11,506 (1,249) (92,396) Adjusted balance at January 1, 2022 2,732,287 1,618,300 402,965 172,396 86,492 5,012,440 Issuances (1) 246,877 175,456 35,831 29,970 3,582 491,716 Interest accrual (2) 91,999 45,147 14,312 5,537 3,487 160,482 Net premiums collected (3) (192,809) (129,001) (38,588) (15,822) (7,780) (384,000) Effect of changes in the foreign exchange rate — — — (1,937) — (1,937) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 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 on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience (6,240) (50,052) (30,526) (7,643) (1,666) (96,127) Adjusted balance at January 1, 2023 3,401,904 1,648,912 327,952 178,927 102,638 5,660,333 Issuances (1) 226,363 202,561 43,373 30,667 6,532 509,496 Interest accrual (2) 99,390 50,091 14,047 6,304 3,278 173,110 Net premiums collected (3) (202,669) (134,009) (38,322) (16,611) (8,028) (399,639) Effect of changes in the foreign exchange rate — — — (165) — (165) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 July 1, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Beginning balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of changes in assumptions on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience 13,731 (13,447) (7,101) 16,766 294 10,243 Adjusted balance at July 1, 2022 2,840,825 1,672,416 409,486 185,153 86,011 5,193,891 Issuances (1) 71,806 65,523 13,220 9,545 1,260 161,354 Interest accrual (2) 30,794 15,133 4,719 1,858 1,134 53,638 Net premiums collected (3) (65,071) (43,170) (12,905) (5,282) (2,624) (129,052) Effect of changes in the foreign exchange rate — — — (1,130) — (1,130) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 Balance at July 1, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Beginning balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of changes in assumptions on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience 22,683 (15,658) (2,692) (2,394) 229 2,168 Adjusted balance at July 1, 2023 3,475,226 1,725,293 340,524 193,254 103,622 5,837,919 Issuances (1) 82,647 70,216 15,183 9,880 2,317 180,243 Interest accrual (2) 35,536 17,272 4,380 2,170 1,160 60,518 Net premiums collected (3) (68,421) (45,226) (13,037) (5,630) (2,679) (134,993) Effect of changes in the foreign exchange rate — — — (552) — (552) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience (24,710) (51,720) (32,395) 14,231 (1,425) (96,019) Adjusted balance at January 1, 2022 2,871,255 3,114,411 907,278 278,276 85,933 7,257,153 Issuances (1) 246,559 175,456 36,171 29,970 3,567 491,723 Interest accrual (2) 97,837 89,968 35,871 10,348 3,487 237,511 Benefit payments (3) (198,013) (89,359) (71,652) (15,360) (9,354) (383,738) Effect of changes in the foreign exchange rate — — — (3,927) — (3,927) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 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 on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience (5,530) (53,292) (29,581) (8,680) (1,925) (99,008) Adjusted balance at January 1, 2023 3,539,755 3,250,624 814,847 288,626 99,217 7,993,069 Issuances (1) 225,915 202,561 42,863 30,667 6,518 508,524 Interest accrual (2) 104,932 99,344 34,699 11,199 3,278 253,452 Benefit payments (3) (221,753) (92,973) (73,614) (18,633) (9,502) (416,475) Effect of changes in the foreign exchange rate — — — (217) — (217) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 July 1, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Beginning balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of changes in assumptions on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience 13,347 (14,614) (8,476) 19,916 191 10,364 Adjusted balance at July 1, 2022 2,978,439 3,225,419 905,726 293,928 84,064 7,487,576 Issuances (1) 71,731 65,524 13,379 9,547 1,257 161,438 Interest accrual (2) 32,729 30,383 11,836 3,462 1,134 79,544 Benefit payments (3) (65,261) (30,850) (23,273) (5,168) (2,822) (127,374) Effect of changes in the foreign exchange rate — — — (2,462) — (2,462) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 Balance at July 1, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Beginning balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of changes in assumptions on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience 22,410 (17,000) (2,563) (2,662) (95) 90 Adjusted balance at July 1, 2023 3,603,830 3,386,739 817,879 306,018 99,023 8,213,489 Issuances (1) 82,511 70,215 14,963 9,880 2,310 179,879 Interest accrual (2) 37,340 34,024 11,173 3,810 1,160 87,507 Benefit payments (3) (74,832) (31,422) (25,220) (6,973) (2,982) (141,429) Effect of changes in the foreign exchange rate — — — (1,093) — (1,093) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 September 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 139,284 $ 1,580,574 $ 493,148 $ 109,163 $ (2,148) $ 2,320,021 Effect of changes in discount rate assumptions (3,573) (231,233) 22,481 10,068 (24) (202,281) Net liability for future policy benefits at current discount rates 135,711 1,349,341 515,629 119,231 (2,172) 2,117,740 Other Adjustments (1) (169) 583 3,354 56 3,232 7,056 Net liability for future policy benefits, after other adjustments, at current discount rates $ 135,542 $ 1,349,924 $ 518,983 $ 119,287 $ 1,060 $ 2,124,796 (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 September 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 123,861 1,692,001 471,745 112,520 (4,909) 2,395,218 Effect of changes in discount rate assumptions (7,433) (305,331) 3,580 4,375 143 (304,666) Net liability for future policy benefits at current discount rates 116,428 1,386,670 475,325 116,895 (4,766) 2,090,552 Other Adjustments (1) 4,374 (4,717) 7,043 993 5,530 13,223 Net liability for future policy benefits, after other adjustments, at current discount rates $ 120,802 $ 1,381,953 $ 482,368 $ 117,888 $ 764 $ 2,103,775 (1) Other adjustments include the Company's reinsurance recoverable and the effects of capping and flooring the liability. In accordance with the accounting guidance, the Company reviews, and updates as necessary, its assumptions utilized in the calculation of the liability for future benefits annually in the third quarter and recalculates the net premium ratio. The revised net premium ratio is used to update the liability for future policy benefits as of the beginning of the current reporting period, and is compared to the liability using the prior cash flow assumptions. The difference is recorded as a component of the remeasurement gain or loss for the current period, along with the effect of the difference between actual and expected experience for the period. The total remeasurement gain or loss is included in the Condensed Consolidated Statements of Operations . During the third quarter of the current and prior year, the Company performed its annual assumptions review and updated both its life and health assumptions of lapses, mortality, and morbidity, resulting in a net reserve remeasurement gain, due to assumption changes only, of $3.2 million for the periods ended September 30, 2023, as compared to a net reserve remeasurement loss of $36.5 million for the periods ended September 30, 2022. For the life segment, the updates to our assumptions of lapses and mortality resulted in a reserve remeasurement loss of $2.0 million and $47.2 million for the three months ended September 30, 2023 and 2022, respectively. For the health segment, the updates to our assumptions of lapses and morbidity resulted in a reserve remeasurement gain of $5.2 million and $10.7 million for the three months ended September 30, 2023 and 2022, respectively. Excluding the impact of assumption changes, during the three months ended September 30, 2023 and 2022, the Company's results for actual variances from expected experience produced a net reserve remeasurement gain of $15.9 million and $1.0 million, respectively. During the nine months ended September 30, 2023 and 2022, the Company's results for actual variances from expected experience produced net reserve remeasurement gains of $21.6 million and $1.0 million, respectively. The variance of actual experience from expected experience during the first nine months of 2023 was primarily due to favorable variances from our assumptions as compared to actual experience in our life insurance segment (a $18.5 million gain), and favorable variances from our assumptions as compared to actual experience in our health insurance segment (a $3.1 million gain). The variance of actual The following table reconciles the liability for future policy benefits to the Consolidated Balance Sheets as of September 30, 2023: At Original Discount Rates At Current Discount Rates As of September 30, As of September 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,435,901 $ 4,070,359 $ 4,672,099 $ 4,666,831 Direct to Consumer 2,943,544 2,750,122 3,207,251 3,211,122 Liberty National 2,236,374 2,186,063 2,215,114 2,284,613 Other 3,010,853 2,900,148 3,288,634 3,379,810 Net liability for future policy benefits—long duration life 12,626,672 11,906,692 13,383,098 13,542,376 Health (1) : United American 126,105 137,231 120,802 135,542 Family Heritage 1,681,391 1,571,083 1,381,953 1,349,924 Liberty National 478,078 495,628 482,368 518,983 American Income 113,340 109,217 117,888 119,287 Direct to Consumer 752 1,024 764 1,060 Net liability for future policy benefits—long duration health 2,399,666 2,314,183 2,103,775 2,124,796 Deferred profit liability 173,520 176,296 173,520 176,296 Deferred annuity 813,275 991,687 813,275 991,687 Interest sensitive life 735,025 740,513 735,025 740,513 Other 9,400 9,503 9,405 9,504 Total future policy benefits $ 16,757,558 $ 16,138,874 $ 17,218,098 $ 17,585,172 (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 September 30, 2023 and 2022: Life Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.7 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.6 % 5.6 % 5.7 % 5.7 % 5.2 % 5.3 % 5.3 % 5.3 % Health Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 5.5 % 5.7 % 5.7 % 5.6 % 5.5 % 5.1 % 5.3 % 5.3 % 5.2 % 5.1 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of September 30, 2023 and 2022: As of September 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 23.08 23.29 22.91 23.37 Direct to Consumer 19.73 21.00 20.40 21.97 Liberty National 15.12 15.20 14.82 15.31 Other 16.34 17.42 16.65 18.22 Health United American 11.40 10.34 11.39 10.65 Family Heritage 14.90 13.81 14.90 14.22 Liberty National 9.11 8.97 9.20 9.35 American Income 12.14 12.20 12.14 12.56 Direct to Consumer 11.40 10.34 11.39 10.65 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 Nine Months Ended Nine Months Ended Gross Interest Gross Interest American Income $ 1,181,247 $ 187,381 $ 1,122,987 $ 174,275 Direct to Consumer 735,374 127,040 729,950 118,995 Liberty National 256,641 89,765 240,460 88,061 Other 154,836 133,991 156,509 129,118 Total $ 2,328,098 $ 538,177 $ 2,249,906 $ 510,449 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 399,794 $ 63,565 $ 377,859 $ 58,970 Direct to Consumer 244,931 42,978 243,021 40,161 Liberty National 87,071 30,095 81,007 29,469 Other 51,493 45,065 51,959 43,405 Total $ 783,289 $ 181,703 $ 753,846 $ 172,005 Health Nine Months Ended Nine Months Ended Gross Interest Gross Interest United American $ 298,964 $ 5,345 $ 283,059 $ 5,665 Family Heritage 294,047 48,904 272,431 44,516 Liberty National 139,875 20,567 139,818 21,490 American Income 84,863 4,896 83,880 4,811 Direct to Consumer 10,680 — 10,710 — Total $ 828,429 $ 79,712 $ 789,898 $ 76,482 Health Three Months Ended Three Months Ended Gross Interes

Deferred Acquisition Costs

Deferred Acquisition Costs	9 Months Ended
Deferred Acquisition Costs	Sep. 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 nine month periods ended September 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 341,585 140,449 66,073 10,268 558,375 Amortization expense (104,124) (70,478) (33,899) (12,594) (221,095) Foreign exchange adjustment (15,003) — — — (15,003) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 351,933 123,774 78,599 9,970 564,276 Amortization expense (118,207) (74,496) (38,192) (12,390) (243,285) Foreign exchange adjustment (1,297) — — — (1,297) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 Life American Income DTC Liberty National Other Total Balance at July 1, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Capitalizations 111,564 46,792 23,259 3,250 184,865 Amortization expense (35,860) (23,860) (11,564) (4,201) (75,485) Foreign exchange adjustment (9,763) — — — (9,763) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at July 1, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Capitalizations 117,761 36,385 27,950 3,203 185,299 Amortization expense (40,465) (24,891) (13,029) (4,138) (82,523) Foreign exchange adjustment (4,056) — — — (4,056) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 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 1,628 38,500 13,357 9,408 2 62,895 Amortization expense (4,503) (19,048) (9,990) (2,567) (134) (36,242) Foreign exchange adjustment — — — (755) — (755) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 1,491 46,977 14,854 9,579 — 72,901 Amortization expense (4,504) (20,071) (9,977) (2,919) (137) (37,608) Foreign exchange adjustment — — — (125) — (125) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 Health United American Family Heritage Liberty National American Income DTC Total Balance at July 1, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Capitalizations 560 13,070 4,621 3,063 — 21,314 Amortization expense (1,469) (6,373) (3,309) (880) (45) (12,076) Foreign exchange adjustment — — — (467) — (467) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at July 1, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Capitalizations 495 16,386 5,120 3,259 — 25,260 Amortization expense (1,463) (6,871) (3,423) (1,016) (43) (12,816) Foreign exchange adjustment — — — (182) — (182) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of September 30, 2023: September 30, 2023 2022 Life American Income $ 2,490,720 $ 2,182,712 Direct to Consumer 1,726,209 1,653,666 Liberty National 651,130 598,593 Other 295,926 299,321 Total DAC - Life 5,163,985 4,734,292 Health United American 74,381 78,265 Family Heritage 443,514 408,419 Liberty National 137,973 130,904 American Income 64,346 55,492 Direct to Consumer 1,717 1,900 Total DAC - Health 721,931 674,980 Annuity 3,377 5,085 Tota l $ 5,889,293 $ 5,414,357

Liability for Unpaid Claims

Liability for Unpaid Claims	9 Months Ended
Liability for Unpaid Claims	Sep. 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: September 30, December 31, Balance at beginning of period $ 182,202 $ 171,109 Incurred related to: Current year 523,152 676,190 Prior year (2,383) (15,631) Total incurred 520,769 660,559 Paid related to: Current year 375,687 517,856 Prior year 137,701 131,610 Total paid 513,388 649,466 Balance at end of period $ 189,583 $ 182,202 Below is the reconciliation of the liability of " Policy claims and other benefits payable" in the Consolidated Balance Sheets . September 30, December 31, Policy claims and other benefits payable: Life insurance $ 313,489 $ 325,017 Health insurance 189,583 182,202 Total $ 503,072 $ 507,219

Postretirement Benefits

Postretirement Benefits	9 Months Ended
Postretirement Benefits	Sep. 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 September 30, 2023 and December 31, 2022. Pension Assets by Component at September 30, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Total Amount % of Corporate bonds: Exchange traded fund (4) $ 7,424 $ — $ — $ 7,424 1 Financial — — — — — Utilities — — — — — Energy — — — — — Other corporates — — — — — Total corporate bonds 7,424 — — 7,424 1 Exchange traded fund (1) 290,116 — — 290,116 57 U.S. Government and Agency — 139,820 — 139,820 27 Other bonds — 5 — 5 — Guaranteed annuity contract (2) — 43,294 — 43,294 9 Short-term investments 16,615 — — 16,615 3 Other 511 — — 511 — $ 314,666 $ 183,119 $ — 497,785 97 Other long-term investments (3) 13,407 3 Total pension assets $ 511,192 100 (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) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of September 30, 2023, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4) A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years. 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. Nine Months Ended 2023 2022 Premiums paid for insurance coverage $ 443 $ 443 September 30, December 31, Total investments: Company owned life insurance $ 54,761 $ 54,681 Exchange traded funds 78,310 71,258 $ 133,071 $ 125,939 Pension Plans and SERP Liabilities : The following table presents liabilities for the defined benefit pension plans and SERP at September 30, 2023 and December 31, 2022. September 30, December 31, Pension Plans $ 490,547 $ 492,103 SERP 71,285 70,464 Pension benefit obligation $ 561,832 $ 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 nine month periods ended September 30, 2023 and 2022. Components of Net Periodic Benefit Cost Three Months Ended Nine Months Ended 2023 2022 2023 2022 Service cost $ 5,392 $ 8,657 $ 16,174 $ 25,968 Interest cost 7,834 6,124 23,502 18,368 Expected return on assets (9,656) (8,885) (28,968) (26,655) Amortization: Prior service cost 269 158 807 474 Actuarial (gain) loss (48) 3,208 (152) 9,625 Net periodic benefit cost $ 3,791 $ 9,262 $ 11,363 $ 27,780

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 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 Nine Months Ended 2023 2022 2023 2022 Basic weighted average shares outstanding 94,636,867 97,258,349 95,445,416 98,244,271 Weighted average dilutive options outstanding 1,180,770 889,175 1,211,974 857,964 Diluted weighted average shares outstanding 95,817,637 98,147,524 96,657,390 99,102,235 Antidilutive shares 492,970 2,602,609 399,071 2,351,522

Debt

Debt	9 Months Ended
Debt	Sep. 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 September 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 05/27/1993 05/15/2023 7.875% $ — $ — $ — $ — $ 165,500 Senior notes 09/27/2018 09/15/2028 4.550% 550,000 (3,887) 546,113 521,290 545,601 Senior notes 08/21/2020 08/15/2030 2.150% 400,000 (3,442) 396,558 309,828 396,219 Senior notes (1) 05/19/2022 06/15/2032 4.800% 250,000 (4,222) 245,778 228,709 245,493 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,578) 123,422 114,972 123,410 Junior subordinated debentures 06/14/2021 06/15/2061 4.250% 325,000 (7,713) 317,287 242,450 317,229 Term loan (2) 05/11/2023 11/11/2024 6.200% 170,000 (575) 169,425 169,425 — 1,820,000 (21,417) 1,798,583 1,586,674 1,793,452 Less current maturity of long-term debt — — — — 165,500 Total long-term debt 1,820,000 (21,417) 1,798,583 1,586,674 1,627,952 Current maturity of long-term debt — — — — 165,500 FHLB borrowings 198,000 — 198,000 198,000 — Commercial paper 251,000 (1,463) 249,537 249,537 283,603 Total short-term debt 449,000 (1,463) 447,537 447,537 449,103 Total debt $ 2,269,000 $ (22,880) $ 2,246,120 $ 2,034,211 $ 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 $23.9 million in FHLB common stock as of September 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 September 30, 2023, Globe Life's maximum borrowing capacity under the FHLB facility was approximately $566 million, net of outstanding funding agreements and short-term borrowings, on pledged assets with a fair value of $1.1 billion. As of September 30, 2023, $118 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 . In addition, the Company had $198 million in short-term borrowings from the FHLB as of September 30, 2023, compared to $0 as of December 31, 2022, this amount is recorded in "Short-term debt" on the Consolidated Balance Sheets .

Business Segments

Business Segments	9 Months Ended
Business Segments	Sep. 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 other limited-benefit supplemental hospital and surgical products. 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 September 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 400,214 51 $ 30,535 9 $ — — $ 430,749 39 Direct to Consumer 247,858 32 17,153 5 — — 265,011 24 Liberty National 88,199 11 46,643 14 — — 134,842 12 United American 1,802 — 137,077 42 — — 138,879 12 Family Heritage 1,561 — 99,828 30 — — 101,389 9 Other 48,465 6 — — — — 48,465 4 $ 788,099 100 $ 331,236 100 $ — — $ 1,119,335 100 Premium Income by Distribution Channel Three Months Ended September 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 378,258 50 $ 29,753 9 $ — — $ 408,011 38 Direct to Consumer 246,021 32 17,733 6 — — 263,754 24 Liberty National 82,273 11 45,957 14 — — 128,230 12 United American 1,970 — 134,832 42 1 100 136,803 13 Family Heritage 1,411 — 92,131 29 — — 93,542 9 Other 48,942 7 — — — — 48,942 4 $ 758,875 100 $ 320,406 100 $ 1 100 $ 1,079,282 100 Nine Months Ended September 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 1,182,346 50 $ 89,656 9 $ — — $ 1,272,002 38 Direct to Consumer 744,132 32 51,576 5 — — 795,708 24 Liberty National 260,036 11 140,518 14 — — 400,554 12 United American 5,533 — 407,137 42 — — 412,670 13 Family Heritage 4,554 — 294,029 30 — — 298,583 9 Other 145,828 7 — — — — 145,828 4 $ 2,342,429 100 $ 982,916 100 $ — — $ 3,325,345 100 Nine Months Ended September 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 1,124,112 50 $ 87,930 9 $ — — $ 1,212,042 38 Direct to Consumer 739,017 33 53,509 6 — — 792,526 25 Liberty National 244,149 11 140,563 15 — — 384,712 12 United American 6,047 — 401,966 42 1 100 408,014 13 Family Heritage 4,143 — 272,429 28 — — 276,572 8 Other 147,427 6 — — — — 147,427 4 $ 2,264,895 100 $ 956,397 100 $ 1 100 $ 3,221,293 100 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 September 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 788,099 $ 331,236 $ — $ — $ — $ — $ 1,119,335 Net investment income — — — 266,926 — — 266,926 Other income — — — — 50 — 50 Total revenue 788,099 331,236 — 266,926 50 — 1,386,311 Expenses: Policy benefits 515,676 193,790 6,854 2,724 — — 719,044 Required interest on reserves (194,199) (26,732) (9,353) 230,284 — — — Amortization of acquisition costs 82,523 12,816 418 — — — 95,757 Commissions, premium taxes, and non-deferred acquisition costs 84,011 54,662 4 — — — 138,677 Insurance administrative expense (1) — — — — 74,585 74,585 Parent expense — — — — 2,581 1,137 (2) 3,718 Stock-based compensation expense — — — — 7,567 — 7,567 Interest expense — — — — 25,955 — 25,955 Total expenses 488,011 234,536 (2,077) 233,008 110,688 1,137 1,065,303 Subtotal 300,088 96,700 2,077 33,918 (110,638) (1,137) 321,008 Non-operating items — — — — — 1,137 (2) 1,137 Measure of segment profitability (pretax) $ 300,088 $ 96,700 $ 2,077 $ 33,918 $ (110,638) $ — 322,145 Realized gain (loss)—investments (2,193) Non-operating expenses (1,137) Income before income taxes per Condensed Consolidated Statements of Operations $ 318,815 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. Three Months Ended September 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 758,875 $ 320,406 $ 1 $ — $ — $ — $ 1,079,282 Net investment income — — — 246,711 — — 246,711 Other income — — — — 399 — 399 Total revenue 758,875 320,406 1 246,711 399 — 1,326,392 Expenses: Policy obligations 545,933 182,409 8,136 1,098 — — 737,576 Required interest on reserves (184,712) (25,690) (11,228) 221,630 — — — Amortization of acquisition costs 75,486 12,076 450 — — — 88,012 Commissions, premium taxes, and non-deferred acquisition costs 74,284 50,479 5 — — — 124,768 Insurance administrative expense (1) — — — — 75,048 1,416 (2) 76,464 Parent expense — — — — 2,556 2,556 Stock-based compensation expense — — — — 9,120 — 9,120 Interest expense — — — — 23,965 — 23,965 Total expenses 510,991 219,274 (2,637) 222,728 110,689 1,416 1,062,461 Subtotal 247,884 101,132 2,638 23,983 (110,290) (1,416) 263,931 Non-operating items — — — — — 1,416 (2) 1,416 Measure of segment profitability (pretax) $ 247,884 $ 101,132 $ 2,638 $ 23,983 $ (110,290) $ — 265,347 Realized gain (loss)—investments (29,155) Legal proceedings (1,416) Income before income taxes per Condensed Consolidated Statements of Operations $ 234,776 (1) Administrative expense is not allocated to insurance segments. (2) Legal proceedings. 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. Nine Months Ended September 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 2,342,429 $ 982,916 $ — $ — $ — $ — $ 3,325,345 Net investment income — — — 785,275 — — 785,275 Other income — — — — 185 — 185 Total revenue 2,342,429 982,916 — 785,275 185 — 4,110,805 Expenses: Policy obligations 1,536,317 580,676 21,502 5,986 — — 2,144,481 Required interest on reserves (575,801) (79,603) (29,327) 684,731 — — — Amortization of acquisition costs 243,285 37,608 1,266 — — — 282,159 Commissions, premium taxes, and non-deferred acquisition costs 251,136 163,784 13 — — — 414,933 Insurance administrative expense (1) — — — — 223,951 — 223,951 Parent expense — — — — 8,254 1,137 (2) 9,391 Stock-based compensation expense — — — — 22,732 — 22,732 Interest expense — — — — 76,640 — 76,640 Total expenses 1,454,937 702,465 (6,546) 690,717 331,577 1,137 3,174,287 Subtotal 887,492 280,451 6,546 94,558 (331,392) (1,137) 936,518 Non-operating items — — — — — 1,137 (2) 1,137 Measure of segment profitability (pretax) $ 887,492 $ 280,451 $ 6,546 $ 94,558 $ (331,392) $ — 937,655 Realized gain (loss)—investments (78,963) Non-operating expenses (1,137) Income before income taxes per Consolidated Statements of Operations $ 857,555 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. Nine Months Ended September 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 2,264,895 $ 956,397 $ 1 $ — $ — $ — $ 3,221,293 Net investment income — — — 736,317 — — 736,317 Other income — — — — 862 — 862 Total revenue 2,264,895 956,397 1 736,317 862 — 3,958,472 Expenses: Policy obligations 1,533,726 561,502 24,700 3,228 — — 2,123,156 Required interest on reserves (548,840) (76,420) (33,956) 659,216 — — — Amortization of acquisition costs 221,096 36,242 1,355 — — — 258,693 Commissions, premium taxes, and non-deferred acquisition costs 222,310 154,160 20 — — — 376,490 Insurance administrative expense (1) — — — — 221,313 6,513 (2,3) 227,826 Parent expense — — — — 8,089 (368) (3) 7,721 Stock-based compensation expense — — — — 26,603 — 26,603 Interest expense — — — — 65,737 — 65,737 Total expenses 1,428,292 675,484 (7,881) 662,444 321,742 6,145 3,086,226 Subtotal 836,603 280,913 7,882 73,873 (320,880) (6,145) 872,246 Non-operating items — — — — — 6,145 (2,3) 6,145 Measure of segment profitability (pretax) $ 836,603 $ 280,913 $ 7,882 $ 73,873 $ (320,880) $ — 878,391 Realized gain (loss)—investments (66,845) Legal proceedings (1,416) Non-operating expenses (4,729) Income before income taxes per Consolidated Statements of Operations $ 805,401 (1) Administrative expense is not allocated to insurance segments. (2) Legal proceedings. (3) Non-operating expenses.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 13—Subsequent Events Subsequent to the balance sheet date, the Company signed an agreement to acquire Evry Healthcare, Inc. ("Evry") for an immaterial amount in October 2023. Evry provides low-cost group and individual health insurance products through its wholly-owned subsidiary to employers and individuals by utilizing technology and data analysis to provide an improved customer service experience.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net income	$ 257,083	$ 190,586	$ 695,953	$ 652,043

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 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)	9 Months Ended
Significant Accounting Policies (Policies)	Sep. 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 September 30, 2023, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended September 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 91% 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, and lapses. 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, and lapses) 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 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 lapses. 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)	9 Months Ended
New Accounting Standards (Tables)	Sep. 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 nine month periods ended September 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 on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (76,338) (180,498) (15,119) (7,237) (279,192) Adjusted balance at January 1, 2022 3,864,026 5,432,814 1,042,842 444,118 10,783,800 Issuances (1) 596,320 499,777 73,299 23,148 1,192,544 Interest accrual (2) 131,251 204,334 38,378 15,575 389,538 Net premiums collected (3) (366,147) (451,993) (95,338) (32,628) (946,106) Effect of changes in the foreign exchange rate (21,643) — — — (21,643) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 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 on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (103,922) (219,723) (26,533) (13,882) (364,060) Adjusted balance at January 1, 2023 4,157,066 5,497,311 1,044,768 443,746 11,142,891 Issuances (1) 557,844 450,361 92,894 21,756 1,122,855 Interest accrual (2) 147,968 214,988 40,362 17,071 420,389 Net premiums collected (3) (388,288) (461,367) (100,093) (34,542) (984,290) Effect of changes in the foreign exchange rate (631) — — — (631) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 July 1, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Beginning balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of changes in assumptions on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (58,998) (89,037) (5,994) (3,741) (157,770) Adjusted balance at July 1, 2022 4,121,362 5,606,890 1,053,880 448,391 11,230,523 Issuances (1) 176,042 160,780 24,493 7,553 368,868 Interest accrual (2) 44,410 68,476 12,793 5,270 130,949 Net premiums collected (3) (123,636) (151,214) (31,985) (11,001) (317,836) Effect of changes in the foreign exchange rate (14,371) — — — (14,371) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 Balance at July 1, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Beginning balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of changes in assumptions on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (34,571) (91,120) (10,938) (7,232) (143,861) Adjusted balance at July 1, 2023 4,378,747 5,645,404 1,065,801 446,662 11,536,614 Issuances (1) 181,823 136,611 32,045 7,143 357,622 Interest accrual (2) 51,119 72,515 13,707 5,741 143,082 Net premiums collected (3) (131,329) (153,237) (33,622) (11,515) (329,703) Effect of changes in the foreign exchange rate (6,401) — — — (6,401) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (81,429) (174,141) (14,582) (8,325) (278,477) Adjusted balance at January 1, 2022 7,711,306 8,088,028 3,225,039 3,298,706 22,323,079 Issuances (1) 596,320 499,774 73,299 23,148 1,192,541 Interest accrual (2) 305,526 323,432 126,814 145,941 901,713 Benefit payments (3) (287,253) (476,182) (168,502) (92,033) (1,023,970) Effect of changes in the foreign exchange rate (51,726) — — — (51,726) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 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 on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (109,386) (227,639) (27,482) (17,962) (382,469) Adjusted balance at January 1, 2023 8,313,719 8,284,660 3,251,654 3,397,403 23,247,436 Issuances (1) 557,844 450,362 92,894 21,756 1,122,856 Interest accrual (2) 335,349 342,208 130,712 152,378 960,647 Benefit payments (3) (296,133) (432,393) (153,294) (86,008) (967,828) Effect of changes in the foreign exchange rate (819) — — — (819) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 July 1, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Beginning balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of changes in assumptions on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (64,348) (87,105) (5,116) (3,852) (160,421) Adjusted balance at July 1, 2022 8,118,892 8,312,573 3,243,652 3,347,977 23,023,094 Issuances (1) 176,044 160,779 24,493 7,550 368,866 Interest accrual (2) 103,380 108,681 42,392 49,097 303,550 Benefit payments (3) (89,075) (146,981) (53,887) (28,862) (318,805) Effect of changes in the foreign exchange rate (35,068) — — — (35,068) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 Balance at July 1, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Beginning balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of changes in assumptions on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (36,998) (97,632) (14,364) (9,595) (158,589) Adjusted balance at July 1, 2023 8,729,872 8,529,672 3,289,573 3,450,557 23,999,674 Issuances (1) 181,822 136,612 32,046 7,145 357,625 Interest accrual (2) 114,683 115,547 43,991 51,249 325,470 Benefit payments (3) (101,161) (136,994) (43,644) (23,422) (305,221) Effect of changes in the foreign exchange rate (15,256) — — — (15,256) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 September 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,070,366 $ 2,750,120 $ 2,197,469 $ 2,925,549 $ 11,943,504 Effect of changes in discount rate assumptions 595,614 455,731 91,200 488,051 1,630,596 Net liability for future policy benefits at current discount rates 4,665,980 3,205,851 2,288,669 3,413,600 13,574,100 Other Adjustments (1) 851 5,271 (4,056) (33,790) (31,724) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,666,831 $ 3,211,122 $ 2,284,613 $ 3,379,810 $ 13,542,376 (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 September 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,436,001 $ 2,943,544 $ 2,244,035 $ 3,037,498 $ 12,661,078 Effect of changes in discount rate assumptions 235,731 259,725 (27,532) 283,617 751,541 Net liability for future policy benefits at current discount rates 4,671,732 3,203,269 2,216,503 3,321,115 13,412,619 Other Adjustments (1) 367 3,982 (1,389) (32,481) (29,521) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,672,099 $ 3,207,251 $ 2,215,114 $ 3,288,634 $ 13,383,098 (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 nine month periods ended September 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 on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience (22,004) (49,359) (31,290) 11,506 (1,249) (92,396) Adjusted balance at January 1, 2022 2,732,287 1,618,300 402,965 172,396 86,492 5,012,440 Issuances (1) 246,877 175,456 35,831 29,970 3,582 491,716 Interest accrual (2) 91,999 45,147 14,312 5,537 3,487 160,482 Net premiums collected (3) (192,809) (129,001) (38,588) (15,822) (7,780) (384,000) Effect of changes in the foreign exchange rate — — — (1,937) — (1,937) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 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 on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience (6,240) (50,052) (30,526) (7,643) (1,666) (96,127) Adjusted balance at January 1, 2023 3,401,904 1,648,912 327,952 178,927 102,638 5,660,333 Issuances (1) 226,363 202,561 43,373 30,667 6,532 509,496 Interest accrual (2) 99,390 50,091 14,047 6,304 3,278 173,110 Net premiums collected (3) (202,669) (134,009) (38,322) (16,611) (8,028) (399,639) Effect of changes in the foreign exchange rate — — — (165) — (165) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 July 1, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Beginning balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of changes in assumptions on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience 13,731 (13,447) (7,101) 16,766 294 10,243 Adjusted balance at July 1, 2022 2,840,825 1,672,416 409,486 185,153 86,011 5,193,891 Issuances (1) 71,806 65,523 13,220 9,545 1,260 161,354 Interest accrual (2) 30,794 15,133 4,719 1,858 1,134 53,638 Net premiums collected (3) (65,071) (43,170) (12,905) (5,282) (2,624) (129,052) Effect of changes in the foreign exchange rate — — — (1,130) — (1,130) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 Balance at July 1, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Beginning balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of changes in assumptions on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience 22,683 (15,658) (2,692) (2,394) 229 2,168 Adjusted balance at July 1, 2023 3,475,226 1,725,293 340,524 193,254 103,622 5,837,919 Issuances (1) 82,647 70,216 15,183 9,880 2,317 180,243 Interest accrual (2) 35,536 17,272 4,380 2,170 1,160 60,518 Net premiums collected (3) (68,421) (45,226) (13,037) (5,630) (2,679) (134,993) Effect of changes in the foreign exchange rate — — — (552) — (552) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience (24,710) (51,720) (32,395) 14,231 (1,425) (96,019) Adjusted balance at January 1, 2022 2,871,255 3,114,411 907,278 278,276 85,933 7,257,153 Issuances (1) 246,559 175,456 36,171 29,970 3,567 491,723 Interest accrual (2) 97,837 89,968 35,871 10,348 3,487 237,511 Benefit payments (3) (198,013) (89,359) (71,652) (15,360) (9,354) (383,738) Effect of changes in the foreign exchange rate — — — (3,927) — (3,927) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 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 on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience (5,530) (53,292) (29,581) (8,680) (1,925) (99,008) Adjusted balance at January 1, 2023 3,539,755 3,250,624 814,847 288,626 99,217 7,993,069 Issuances (1) 225,915 202,561 42,863 30,667 6,518 508,524 Interest accrual (2) 104,932 99,344 34,699 11,199 3,278 253,452 Benefit payments (3) (221,753) (92,973) (73,614) (18,633) (9,502) (416,475) Effect of changes in the foreign exchange rate — — — (217) — (217) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 July 1, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Beginning balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of changes in assumptions on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience 13,347 (14,614) (8,476) 19,916 191 10,364 Adjusted balance at July 1, 2022 2,978,439 3,225,419 905,726 293,928 84,064 7,487,576 Issuances (1) 71,731 65,524 13,379 9,547 1,257 161,438 Interest accrual (2) 32,729 30,383 11,836 3,462 1,134 79,544 Benefit payments (3) (65,261) (30,850) (23,273) (5,168) (2,822) (127,374) Effect of changes in the foreign exchange rate — — — (2,462) — (2,462) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 Balance at July 1, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Beginning balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of changes in assumptions on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience 22,410 (17,000) (2,563) (2,662) (95) 90 Adjusted balance at July 1, 2023 3,603,830 3,386,739 817,879 306,018 99,023 8,213,489 Issuances (1) 82,511 70,215 14,963 9,880 2,310 179,879 Interest accrual (2) 37,340 34,024 11,173 3,810 1,160 87,507 Benefit payments (3) (74,832) (31,422) (25,220) (6,973) (2,982) (141,429) Effect of changes in the foreign exchange rate — — — (1,093) — (1,093) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 September 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 139,284 $ 1,580,574 $ 493,148 $ 109,163 $ (2,148) $ 2,320,021 Effect of changes in discount rate assumptions (3,573) (231,233) 22,481 10,068 (24) (202,281) Net liability for future policy benefits at current discount rates 135,711 1,349,341 515,629 119,231 (2,172) 2,117,740 Other Adjustments (1) (169) 583 3,354 56 3,232 7,056 Net liability for future policy benefits, after other adjustments, at current discount rates $ 135,542 $ 1,349,924 $ 518,983 $ 119,287 $ 1,060 $ 2,124,796 (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 September 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 123,861 1,692,001 471,745 112,520 (4,909) 2,395,218 Effect of changes in discount rate assumptions (7,433) (305,331) 3,580 4,375 143 (304,666) Net liability for future policy benefits at current discount rates 116,428 1,386,670 475,325 116,895 (4,766) 2,090,552 Other Adjustments (1) 4,374 (4,717) 7,043 993 5,530 13,223 Net liability for future policy benefits, after other adjustments, at current discount rates $ 120,802 $ 1,381,953 $ 482,368 $ 117,888 $ 764 $ 2,103,775 (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 September 30, 2023: At Original Discount Rates At Current Discount Rates As of September 30, As of September 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,435,901 $ 4,070,359 $ 4,672,099 $ 4,666,831 Direct to Consumer 2,943,544 2,750,122 3,207,251 3,211,122 Liberty National 2,236,374 2,186,063 2,215,114 2,284,613 Other 3,010,853 2,900,148 3,288,634 3,379,810 Net liability for future policy benefits—long duration life 12,626,672 11,906,692 13,383,098 13,542,376 Health (1) : United American 126,105 137,231 120,802 135,542 Family Heritage 1,681,391 1,571,083 1,381,953 1,349,924 Liberty National 478,078 495,628 482,368 518,983 American Income 113,340 109,217 117,888 119,287 Direct to Consumer 752 1,024 764 1,060 Net liability for future policy benefits—long duration health 2,399,666 2,314,183 2,103,775 2,124,796 Deferred profit liability 173,520 176,296 173,520 176,296 Deferred annuity 813,275 991,687 813,275 991,687 Interest sensitive life 735,025 740,513 735,025 740,513 Other 9,400 9,503 9,405 9,504 Total future policy benefits $ 16,757,558 $ 16,138,874 $ 17,218,098 $ 17,585,172 (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 September 30, 2023 and 2022: Life Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.7 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.6 % 5.6 % 5.7 % 5.7 % 5.2 % 5.3 % 5.3 % 5.3 % Health Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 5.5 % 5.7 % 5.7 % 5.6 % 5.5 % 5.1 % 5.3 % 5.3 % 5.2 % 5.1 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of September 30, 2023 and 2022: As of September 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 23.08 23.29 22.91 23.37 Direct to Consumer 19.73 21.00 20.40 21.97 Liberty National 15.12 15.20 14.82 15.31 Other 16.34 17.42 16.65 18.22 Health United American 11.40 10.34 11.39 10.65 Family Heritage 14.90 13.81 14.90 14.22 Liberty National 9.11 8.97 9.20 9.35 American Income 12.14 12.20 12.14 12.56 Direct to Consumer 11.40 10.34 11.39 10.65 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 Nine Months Ended Nine Months Ended Gross Interest Gross Interest American Income $ 1,181,247 $ 187,381 $ 1,122,987 $ 174,275 Direct to Consumer 735,374 127,040 729,950 118,995 Liberty National 256,641 89,765 240,460 88,061 Other 154,836 133,991 156,509 129,118 Total $ 2,328,098 $ 538,177 $ 2,249,906 $ 510,449 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 399,794 $ 63,565 $ 377,859 $ 58,970 Direct to Consumer 244,931 42,978 243,021 40,161 Liberty National 87,071 30,095 81,007 29,469 Other 51,493 45,065 51,959 43,405 Total $ 783,289 $ 181,703 $ 753,846 $ 172,005 Health Nine Months Ended Nine Months Ended Gross Interest Gross Interest United American $ 298,964 $ 5,345 $ 283,059 $ 5,665 Family Heritage 294,047 48,904 272,431 44,516 Liberty National 139,875 20,567 139,818 21,490 American Income 84,863 4,896 83,880 4,811 Direct to Consumer 10,680 — 10,710 — Total $ 828,429 $ 79,712 $ 789,898 $ 76,482 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 100,285 $ 1,741 $ 95,178 $ 1,874 Family Heritage 99,828 16,632 92,133 15,145 Liberty National 46,441 6,766 45,721 7,092 American Income 28,528 1,640 27,939 1,605 Direct to Consumer 3,583 — 3,580 — Total $ 278,665 $ 26,779 $ 264,551 $
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 nine month periods ended September 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 341,585 140,449 66,073 10,268 558,375 Amortization expense (104,124) (70,478) (33,899) (12,594) (221,095) Foreign exchange adjustment (15,003) — — — (15,003) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 351,933 123,774 78,599 9,970 564,276 Amortization expense (118,207) (74,496) (38,192) (12,390) (243,285) Foreign exchange adjustment (1,297) — — — (1,297) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 Life American Income DTC Liberty National Other Total Balance at July 1, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Capitalizations 111,564 46,792 23,259 3,250 184,865 Amortization expense (35,860) (23,860) (11,564) (4,201) (75,485) Foreign exchange adjustment (9,763) — — — (9,763) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at July 1, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Capitalizations 117,761 36,385 27,950 3,203 185,299 Amortization expense (40,465) (24,891) (13,029) (4,138) (82,523) Foreign exchange adjustment (4,056) — — — (4,056) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 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 1,628 38,500 13,357 9,408 2 62,895 Amortization expense (4,503) (19,048) (9,990) (2,567) (134) (36,242) Foreign exchange adjustment — — — (755) — (755) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 1,491 46,977 14,854 9,579 — 72,901 Amortization expense (4,504) (20,071) (9,977) (2,919) (137) (37,608) Foreign exchange adjustment — — — (125) — (125) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 Health United American Family Heritage Liberty National American Income DTC Total Balance at July 1, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Capitalizations 560 13,070 4,621 3,063 — 21,314 Amortization expense (1,469) (6,373) (3,309) (880) (45) (12,076) Foreign exchange adjustment — — — (467) — (467) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at July 1, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Capitalizations 495 16,386 5,120 3,259 — 25,260 Amortization expense (1,463) (6,871) (3,423) (1,016) (43) (12,816) Foreign exchange adjustment — — — (182) — (182) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of September 30, 2023: September 30, 2023 2022 Life American Income $ 2,490,720 $ 2,182,712 Direct to Consumer 1,726,209 1,653,666 Liberty National 651,130 598,593 Other 295,926 299,321 Total DAC - Life 5,163,985 4,734,292 Health United American 74,381 78,265 Family Heritage 443,514 408,419 Liberty National 137,973 130,904 American Income 64,346 55,492 Direct to Consumer 1,717 1,900 Total DAC - Health 721,931 674,980 Annuity 3,377 5,085 Tota l $ 5,889,293 $ 5,414,357
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 Nine Months Ended As Previously Reported Adoption Impact As Adjusted As Previously Reported Adoption Impact As Adjusted Revenue: Life premium $ 755,115 $ 3,760 $ 758,875 $ 2,269,641 $ (4,746) $ 2,264,895 Health premium 319,289 1,117 320,406 955,478 919 956,397 Net investment income 245,625 1,086 246,711 733,101 3,216 736,317 Benefits and expenses: Life policyholder benefits 494,627 51,306 545,933 1,555,004 (21,278) 1,533,726 Health policyholder benefits 198,415 (16,006) 182,409 592,488 (30,986) 561,502 Other policyholder benefits 6,986 2,248 9,234 21,110 6,818 27,928 Amortization of deferred acquisition costs 156,129 (68,117) 88,012 469,718 (211,025) 258,693 Commissions, premium taxes, and non-deferred acquisition costs 93,028 31,740 124,768 277,436 99,054 376,490 Income before income taxes 229,983 4,793 234,776 648,594 156,807 805,401 Income tax benefit (expense) (43,204) (986) (44,190) (120,450) (32,908) (153,358) Net income $ 186,779 $ 3,807 $ 190,586 $ 528,144 $ 123,899 $ 652,043 Basic net income per common share $ 1.92 $ 0.04 $ 1.96 $ 5.38 $ 1.26 $ 6.64 Diluted net income per common share $ 1.90 $ 0.04 $ 1.94 $ 5.33 $ 1.25 $ 6.58 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)	9 Months Ended
	Sep. 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 nine month periods ended September 30, 2023 and 2022: Three Months Ended September 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at July 1, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Other comprehensive income (loss) before reclassifications, net of tax (842,527) 1,332,976 (6,226) — 484,223 Reclassifications, net of tax 672 — — 28 700 Other comprehensive income (loss) (841,855) 1,332,976 (6,226) 28 484,923 Balance at September 30, 2023 $ (2,091,254) $ (363,825) $ (4,873) $ 978 $ (2,458,974) Three Months Ended September 30, 2022 Available Future Policy Benefits Foreign Pension Total Balance at July 1, 2022 $ (643,385) $ (2,494,442) $ 8,045 $ (98,243) $ (3,228,025) Other comprehensive income (loss) before reclassifications, net of tax (1,079,185) 1,351,869 (17,678) — 255,006 Reclassifications, net of tax 9,592 — — 2,717 12,309 Other comprehensive income (loss) (1,069,593) 1,351,869 (17,678) 2,717 267,315 Balance at September 30, 2022 $ (1,712,978) $ (1,142,573) $ (9,633) $ (95,526) $ (2,960,710) Nine Months Ended September 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 (736,046) 1,005,379 (3,192) — 266,141 Reclassifications, net of tax 65,464 — — (266) 65,198 Other comprehensive income (loss) (670,582) 1,005,379 (3,192) (266) 331,339 Balance at September 30, 2023 $ (2,091,254) $ (363,825) $ (4,873) $ 978 $ (2,458,974) Nine Months Ended September 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 (4,502,261) 5,773,337 (28,881) — 1,242,195 Reclassifications, net of tax 23,993 — — 8,150 32,143 Other comprehensive income (loss) (4,478,268) 5,773,337 (28,881) 8,150 1,274,338 Balance at September 30, 2022 $ (1,712,978) $ (1,142,573) $ (9,633) $ (95,526) $ (2,960,710)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income	Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and nine month periods ended September 30, 2023 and 2022. Three Months Ended Nine Months Ended September 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 $ 1,759 $ 12,256 $ 85,230 $ 29,741 Realized (gains) losses Amortization of (discount) premium (908) (114) (2,364) 630 Net investment income Total before tax 851 12,142 82,866 30,371 Tax (179) (2,550) (17,402) (6,378) Income taxes Total after-tax 672 9,592 65,464 23,993 Pension adjustments: Amortization of prior service cost 269 158 807 474 Other operating expense Amortization of actuarial (gain) loss (234) 3,280 (1,143) 9,842 Other operating expense Total before tax 35 3,438 (336) 10,316 Tax (7) (721) 70 (2,166) Income taxes Total after-tax 28 2,717 (266) 8,150 Total reclassification (after-tax) $ 700 $ 12,309 $ 65,198 $ 32,143

Investments (Tables)

Investments (Tables)	9 Months Ended
Investments (Tables)	Sep. 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 September 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 September 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 $ 395,382 $ — $ — $ (55,738) $ 339,644 2 States, municipalities, and political subdivisions 3,319,521 — 14,159 (696,791) 2,636,889 16 Foreign governments 42,085 — — (12,497) 29,588 — Corporates, by sector: Financial 4,938,112 — 22,380 (672,806) 4,287,686 27 Utilities 1,998,424 — 13,550 (190,901) 1,821,073 11 Energy 1,426,415 — 13,284 (136,363) 1,303,336 8 Other corporate sectors 6,671,115 (7,500) 32,193 (976,041) 5,719,767 35 Total corporates 15,034,066 (7,500) 81,407 (1,976,111) 13,131,862 81 Collateralized debt obligations 36,843 — 4,842 — 41,685 — Other asset-backed securities 86,796 — 2 (6,432) 80,366 1 Total fixed maturities $ 18,914,693 $ (7,500) $ 100,410 $ (2,747,569) $ 16,260,034 100 (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 September 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 September 30, 2023 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 155,607 $ 154,933 Due after one year through five years 1,149,496 1,142,206 Due after five years through ten years 1,818,217 1,732,283 Due after ten years through twenty years 8,160,666 7,271,668 Due after twenty years 7,499,521 5,836,847 Mortgage-backed and asset-backed securities 123,686 122,097 $ 18,907,193 $ 16,260,034
Schedule of Analysis of Investment Operations	"Net investment income" for the three and nine month periods ended September 30, 2023 and 2022 is summarized as follows: Three Months Ended Nine Months Ended 2023 2022 % Change 2023 2022 % Change Fixed maturities available for sale $ 237,609 $ 227,673 4 $ 704,095 $ 679,710 4 Policy loans 12,446 11,716 6 36,435 34,724 5 Other long-term investments (1) 19,993 10,933 83 52,672 34,349 53 Short-term investments 1,396 969 4,811 1,093 271,444 251,291 8 798,013 749,876 6 Less investment expense (4,518) (4,580) (1) (12,738) (13,559) (6) Net investment income $ 266,926 $ 246,711 8 $ 785,275 $ 736,317 7 (1) For the three months ended September 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $14.0 million and $8.4 million, respectively, in net investment income. For the nine months ended September 30, 2023 and 2022, the investment funds, accounted for under the fair value option method, recorded $37.2 million and $27.7 million, 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 Nine Months Ended 2023 2022 2023 2022 Fixed maturities available for sale: Proceeds from sales (1) $ 46,210 $ 127,695 $ 192,034 $ 346,722 Gross realized gains 261 165 308 938 Gross realized losses (67,018) (11,537) (77,879) (56,384) (1) As of September 30, 2023 and 2022, the Company had $27 thousand and $0 of unsettled trades, respectively. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Nine Months Ended 2023 2022 2023 2022 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (66,767) $ (12,256) $ (77,730) $ (30,128) Provision for credit losses 65,008 — (7,500) 387 Fair value option—change in fair value 868 (11,551) 7,954 (15,942) Other investments (1,302) (5,348) (1,687) (21,162) Realized gains (losses) from investments (2,193) (29,155) (78,963) (66,845) Applicable tax 461 6,122 16,583 14,037 Realized gains (losses), net of tax $ (1,732) $ (23,033) $ (62,380) $ (52,808)
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 September 30, 2023 and December 31, 2022: Fair Value Measurement at September 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 $ — $ 339,644 $ — $ 339,644 States, municipalities, and political subdivisions — 2,636,889 — 2,636,889 Foreign governments — 29,588 — 29,588 Corporates, by sector: Financial — 4,164,257 123,429 4,287,686 Utilities — 1,715,887 105,186 1,821,073 Energy — 1,293,028 10,308 1,303,336 Other corporate sectors — 5,523,239 196,528 5,719,767 Total corporates — 12,696,411 435,451 13,131,862 Collateralized debt obligations — — 41,685 41,685 Other asset-backed securities — 80,366 — 80,366 Total fixed maturities $ — $ 15,782,898 $ 477,136 $ 16,260,034 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 September 30, 2023 and December 31, 2022. Analysis of Gross Unrealized Investment Losses At September 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 $ 1,920 $ (192) $ 337,694 $ (55,546) $ 339,614 $ (55,738) States, municipalities, and political subdivisions 941,815 (77,118) 1,408,695 (619,673) 2,350,510 (696,791) Foreign governments 1,464 (24) 28,124 (12,473) 29,588 (12,497) Corporates, by sector: Financial 1,399,885 (90,121) 2,066,825 (533,152) 3,466,710 (623,273) Utilities 693,321 (36,324) 649,894 (152,242) 1,343,215 (188,566) Energy 370,280 (16,721) 522,381 (108,746) 892,661 (125,467) Other corporate sectors 1,005,726 (67,518) 3,507,313 (890,230) 4,513,039 (957,748) Total corporates 3,469,212 (210,684) 6,746,413 (1,684,370) 10,215,625 (1,895,054) Collateralized debt obligations — — — — — — Other asset-backed securities — — 69,047 (5,849) 69,047 (5,849) Total investment grade securities 4,414,411 (288,018) 8,589,973 (2,377,911) 13,004,384 (2,665,929) Below investment grade securities: States, municipalities, and political subdivisions — — — — — — Corporates, by sector: Financial 25,065 (3,110) 144,381 (46,423) 169,446 (49,533) Utilities — — 27,772 (2,335) 27,772 (2,335) Energy — — 33,774 (10,896) 33,774 (10,896) Other corporate sectors 45,943 (1,920) 56,687 (16,373) 102,630 (18,293) Total corporates 71,008 (5,030) 262,614 (76,027) 333,622 (81,057) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,262 (583) 11,262 (583) Total below investment grade securities 71,008 (5,030) 273,876 (76,610) 344,884 (81,640) Total fixed maturities $ 4,485,419 $ (293,048) $ 8,863,849 $ (2,454,521) $ 13,349,268 $ (2,747,569) 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 — (8,424) (15,968) (24,392) Acquisitions — — — — Sales — — — — Amortization — 3,429 5 3,434 Other (1) — (3,684) (26,669) (30,353) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at September 30, 2023 $ — $ 41,685 $ 435,451 $ 477,136 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 — (13,163) (114,525) (127,688) Acquisitions — — — — Sales — — — — Amortization — 3,382 6 3,388 Other (1) — (3,129) (42,604) (45,733) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at September 30, 2022 $ — $ 50,595 $ 484,565 $ 535,160 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 September 30, 2023 $ — $ (8,424) $ (15,968) $ (24,392) At September 30, 2022 — (13,163) (114,525) (127,688)
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 September 30, 2023 713 1,640 2,353 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 Nine Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 72,508 $ — $ — $ 387 Additions to allowance for which credit losses were not previously recorded — — 72,508 — Additions (reductions) to allowance for fixed maturities that previously had an allowance (65,008) — (65,008) — 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 $ 7,500 $ — $ 7,500 $ —
Schedule of Other Long-Term Investments	Other long-term investments consist of the following assets: September 30, December 31, 2022 Investment funds $ 782,210 $ 768,689 Commercial mortgage loan participations 228,802 181,305 Other 39,094 26,022 Total $ 1,050,106 $ 976,016
Schedule of Investment Funds	The following table presents additional information about the Company's investment funds as of September 30, 2023 and December 31, 2022 at fair value: Fair Value Unfunded Commitments Investment Category September 30, December 31, 2022 September 30, Redemption Term/Notice Commercial mortgage loans $ 419,120 $ 431,405 $ 575,445 Fully redeemable and non-redeemable with varying terms. Opportunistic and private credit 162,202 158,524 135,000 Fully redeemable and non-redeemable with varying terms. Infrastructure 166,603 159,534 16,279 Fully redeemable and non-redeemable with varying terms. Other 34,285 19,226 60,000 Non-redeemable with varying terms Total investment funds $ 782,210 $ 768,689 $ 786,724
Schedule of Commercial Mortgage Loan Participations	Summaries of commercial mortgage loans by property type and geographical location at September 30, 2023 and December 31, 2022 are as follows: September 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Property type: Multi-family $ 99,265 43 $ 42,232 23 Mixed use 39,012 17 62,375 34 Industrial 37,778 17 27,248 15 Hospitality 25,159 11 27,796 15 Retail 23,842 10 15,342 9 Office 6,734 3 8,101 5 Total recorded investment 231,790 101 183,094 101 Less allowance for credit losses (2,988) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 228,802 100 $ 181,305 100 September 30, 2023 December 31, 2022 Carrying Value % of Total Carrying Value % of Total Geographic location: California $ 51,371 22 $ 64,477 36 Texas 45,775 20 22,905 13 Florida 33,367 15 33,182 18 New Jersey 25,090 11 — — New York 20,278 9 19,167 11 Washington 14,962 6 14,925 8 Other 40,947 18 28,438 15 Total recorded investment 231,790 101 183,094 101 Less allowance for credit losses (2,988) (1) (1,789) (1) Carrying value, net of allowance for credit losses $ 228,802 100 $ 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. September 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% $ 26,987 $ 151,455 $ 36,769 $ 215,211 93 70% to 80% — — — — — 81% to 90% 8,391 — 1,153 9,544 4 Greater than 90% 7,035 — — 7,035 3 Total $ 42,413 $ 151,455 $ 37,922 231,790 100 Less allowance for credit losses (2,988) Total, net of allowance for credit losses $ 228,802 (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 Nine Months Ended 2023 2022 2023 2022 Allowance for credit losses beginning balance $ 2,928 $ 1,109 $ 1,789 $ 827 Provision (reversal) for credit losses 60 1,051 1,199 1,333 Allowance for credit losses ending balance $ 2,988 $ 2,160 $ 2,988 $ 2,160

Policy Liabilities (Tables)

Policy Liabilities (Tables)	9 Months Ended
Policy Liabilities (Tables)	Sep. 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 nine month periods ended September 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 on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (76,338) (180,498) (15,119) (7,237) (279,192) Adjusted balance at January 1, 2022 3,864,026 5,432,814 1,042,842 444,118 10,783,800 Issuances (1) 596,320 499,777 73,299 23,148 1,192,544 Interest accrual (2) 131,251 204,334 38,378 15,575 389,538 Net premiums collected (3) (366,147) (451,993) (95,338) (32,628) (946,106) Effect of changes in the foreign exchange rate (21,643) — — — (21,643) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 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 on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (103,922) (219,723) (26,533) (13,882) (364,060) Adjusted balance at January 1, 2023 4,157,066 5,497,311 1,044,768 443,746 11,142,891 Issuances (1) 557,844 450,361 92,894 21,756 1,122,855 Interest accrual (2) 147,968 214,988 40,362 17,071 420,389 Net premiums collected (3) (388,288) (461,367) (100,093) (34,542) (984,290) Effect of changes in the foreign exchange rate (631) — — — (631) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 July 1, 2022 $ 4,379,496 $ 6,164,946 $ 1,123,072 $ 461,964 $ 12,129,478 Beginning balance at original discount rates 4,146,094 5,616,356 1,042,155 416,918 11,221,523 Effect of changes in assumptions on future cash flows 34,266 79,571 17,719 35,214 166,770 Effect of actual variances from expected experience (58,998) (89,037) (5,994) (3,741) (157,770) Adjusted balance at July 1, 2022 4,121,362 5,606,890 1,053,880 448,391 11,230,523 Issuances (1) 176,042 160,780 24,493 7,553 368,868 Interest accrual (2) 44,410 68,476 12,793 5,270 130,949 Net premiums collected (3) (123,636) (151,214) (31,985) (11,001) (317,836) Effect of changes in the foreign exchange rate (14,371) — — — (14,371) Ending balance at original discount rates 4,203,807 5,684,932 1,059,181 450,213 11,398,133 Effect of change from original to current discount rates (26,258) 153,525 17,403 15,056 159,726 Balance at September 30, 2022 $ 4,177,549 $ 5,838,457 $ 1,076,584 $ 465,269 $ 11,557,859 Balance at July 1, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Beginning balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of changes in assumptions on future cash flows 14,265 36,170 5,178 8,419 64,032 Effect of actual variances from expected experience (34,571) (91,120) (10,938) (7,232) (143,861) Adjusted balance at July 1, 2023 4,378,747 5,645,404 1,065,801 446,662 11,536,614 Issuances (1) 181,823 136,611 32,045 7,143 357,622 Interest accrual (2) 51,119 72,515 13,707 5,741 143,082 Net premiums collected (3) (131,329) (153,237) (33,622) (11,515) (329,703) Effect of changes in the foreign exchange rate (6,401) — — — (6,401) Ending balance at original discount rates 4,473,959 5,701,293 1,077,931 448,031 11,701,214 Effect of change from original to current discount rates (155,254) (31,118) (18,702) (1,499) (206,573) Balance at September 30, 2023 $ 4,318,705 $ 5,670,175 $ 1,059,229 $ 446,532 $ 11,494,641 (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 on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (81,429) (174,141) (14,582) (8,325) (278,477) Adjusted balance at January 1, 2022 7,711,306 8,088,028 3,225,039 3,298,706 22,323,079 Issuances (1) 596,320 499,774 73,299 23,148 1,192,541 Interest accrual (2) 305,526 323,432 126,814 145,941 901,713 Benefit payments (3) (287,253) (476,182) (168,502) (92,033) (1,023,970) Effect of changes in the foreign exchange rate (51,726) — — — (51,726) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 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 on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (109,386) (227,639) (27,482) (17,962) (382,469) Adjusted balance at January 1, 2023 8,313,719 8,284,660 3,251,654 3,397,403 23,247,436 Issuances (1) 557,844 450,362 92,894 21,756 1,122,856 Interest accrual (2) 335,349 342,208 130,712 152,378 960,647 Benefit payments (3) (296,133) (432,393) (153,294) (86,008) (967,828) Effect of changes in the foreign exchange rate (819) — — — (819) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 July 1, 2022 $ 9,512,271 $ 9,664,209 $ 3,622,642 $ 4,220,830 $ 27,019,952 Beginning balance at original discount rates 8,134,706 8,294,768 3,215,311 3,312,104 22,956,889 Effect of changes in assumptions on future cash flows 48,534 104,910 33,457 39,725 226,626 Effect of actual variances from expected experience (64,348) (87,105) (5,116) (3,852) (160,421) Adjusted balance at July 1, 2022 8,118,892 8,312,573 3,243,652 3,347,977 23,023,094 Issuances (1) 176,044 160,779 24,493 7,550 368,866 Interest accrual (2) 103,380 108,681 42,392 49,097 303,550 Benefit payments (3) (89,075) (146,981) (53,887) (28,862) (318,805) Effect of changes in the foreign exchange rate (35,068) — — — (35,068) Ending balance at original discount rates 8,274,173 8,435,052 3,256,650 3,375,762 23,341,637 Effect of change from original to current discount rates 569,356 609,256 108,603 503,107 1,790,322 Balance at September 30, 2022 $ 8,843,529 $ 9,044,308 $ 3,365,253 $ 3,878,869 $ 25,131,959 Balance at July 1, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Beginning balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of changes in assumptions on future cash flows 13,344 34,407 6,156 11,661 65,568 Effect of actual variances from expected experience (36,998) (97,632) (14,364) (9,595) (158,589) Adjusted balance at July 1, 2023 8,729,872 8,529,672 3,289,573 3,450,557 23,999,674 Issuances (1) 181,822 136,612 32,046 7,145 357,625 Interest accrual (2) 114,683 115,547 43,991 51,249 325,470 Benefit payments (3) (101,161) (136,994) (43,644) (23,422) (305,221) Effect of changes in the foreign exchange rate (15,256) — — — (15,256) Ending balance at original discount rates 8,909,960 8,644,837 3,321,966 3,485,529 24,362,292 Effect of change from original to current discount rates 80,477 228,607 (46,234) 282,118 544,968 Balance at September 30, 2023 $ 8,990,437 $ 8,873,444 $ 3,275,732 $ 3,767,647 $ 24,907,260 (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 September 30, 2022 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,070,366 $ 2,750,120 $ 2,197,469 $ 2,925,549 $ 11,943,504 Effect of changes in discount rate assumptions 595,614 455,731 91,200 488,051 1,630,596 Net liability for future policy benefits at current discount rates 4,665,980 3,205,851 2,288,669 3,413,600 13,574,100 Other Adjustments (1) 851 5,271 (4,056) (33,790) (31,724) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,666,831 $ 3,211,122 $ 2,284,613 $ 3,379,810 $ 13,542,376 (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 September 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,436,001 $ 2,943,544 $ 2,244,035 $ 3,037,498 $ 12,661,078 Effect of changes in discount rate assumptions 235,731 259,725 (27,532) 283,617 751,541 Net liability for future policy benefits at current discount rates 4,671,732 3,203,269 2,216,503 3,321,115 13,412,619 Other Adjustments (1) 367 3,982 (1,389) (32,481) (29,521) Net liability for future policy benefits, after other adjustments, at current discount rates $ 4,672,099 $ 3,207,251 $ 2,215,114 $ 3,288,634 $ 13,383,098 (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 nine month periods ended September 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 on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience (22,004) (49,359) (31,290) 11,506 (1,249) (92,396) Adjusted balance at January 1, 2022 2,732,287 1,618,300 402,965 172,396 86,492 5,012,440 Issuances (1) 246,877 175,456 35,831 29,970 3,582 491,716 Interest accrual (2) 91,999 45,147 14,312 5,537 3,487 160,482 Net premiums collected (3) (192,809) (129,001) (38,588) (15,822) (7,780) (384,000) Effect of changes in the foreign exchange rate — — — (1,937) — (1,937) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 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 on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience (6,240) (50,052) (30,526) (7,643) (1,666) (96,127) Adjusted balance at January 1, 2023 3,401,904 1,648,912 327,952 178,927 102,638 5,660,333 Issuances (1) 226,363 202,561 43,373 30,667 6,532 509,496 Interest accrual (2) 99,390 50,091 14,047 6,304 3,278 173,110 Net premiums collected (3) (202,669) (134,009) (38,322) (16,611) (8,028) (399,639) Effect of changes in the foreign exchange rate — — — (165) — (165) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 July 1, 2022 $ 3,138,706 $ 1,650,507 $ 425,277 $ 193,536 $ 102,433 $ 5,510,459 Beginning balance at original discount rates 3,022,654 1,706,794 396,741 186,298 94,752 5,407,239 Effect of changes in assumptions on future cash flows (195,560) (20,931) 19,846 (17,911) (9,035) (223,591) Effect of actual variances from expected experience 13,731 (13,447) (7,101) 16,766 294 10,243 Adjusted balance at July 1, 2022 2,840,825 1,672,416 409,486 185,153 86,011 5,193,891 Issuances (1) 71,806 65,523 13,220 9,545 1,260 161,354 Interest accrual (2) 30,794 15,133 4,719 1,858 1,134 53,638 Net premiums collected (3) (65,071) (43,170) (12,905) (5,282) (2,624) (129,052) Effect of changes in the foreign exchange rate — — — (1,130) — (1,130) Ending balance at original discount rates 2,878,354 1,709,902 414,520 190,144 85,781 5,278,701 Effect of change from original to current discount rates (72,237) (158,093) 3,658 (4,636) 1,672 (229,636) Balance at September 30, 2022 $ 2,806,117 $ 1,551,809 $ 418,178 $ 185,508 $ 87,453 $ 5,049,065 Balance at July 1, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Beginning balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of changes in assumptions on future cash flows 466,883 (30,255) (56,964) (6,061) 16,553 390,156 Effect of actual variances from expected experience 22,683 (15,658) (2,692) (2,394) 229 2,168 Adjusted balance at July 1, 2023 3,475,226 1,725,293 340,524 193,254 103,622 5,837,919 Issuances (1) 82,647 70,216 15,183 9,880 2,317 180,243 Interest accrual (2) 35,536 17,272 4,380 2,170 1,160 60,518 Net premiums collected (3) (68,421) (45,226) (13,037) (5,630) (2,679) (134,993) Effect of changes in the foreign exchange rate — — — (552) — (552) Ending balance at original discount rates 3,524,988 1,767,555 347,050 199,122 104,420 5,943,135 Effect of change from original to current discount rates (183,608) (192,981) (8,372) (9,976) (1,254) (396,191) Balance at September 30, 2023 $ 3,341,380 $ 1,574,574 $ 338,678 $ 189,146 $ 103,166 $ 5,546,944 (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 on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience (24,710) (51,720) (32,395) 14,231 (1,425) (96,019) Adjusted balance at January 1, 2022 2,871,255 3,114,411 907,278 278,276 85,933 7,257,153 Issuances (1) 246,559 175,456 36,171 29,970 3,567 491,723 Interest accrual (2) 97,837 89,968 35,871 10,348 3,487 237,511 Benefit payments (3) (198,013) (89,359) (71,652) (15,360) (9,354) (383,738) Effect of changes in the foreign exchange rate — — — (3,927) — (3,927) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 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 on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience (5,530) (53,292) (29,581) (8,680) (1,925) (99,008) Adjusted balance at January 1, 2023 3,539,755 3,250,624 814,847 288,626 99,217 7,993,069 Issuances (1) 225,915 202,561 42,863 30,667 6,518 508,524 Interest accrual (2) 104,932 99,344 34,699 11,199 3,278 253,452 Benefit payments (3) (221,753) (92,973) (73,614) (18,633) (9,502) (416,475) Effect of changes in the foreign exchange rate — — — (217) — (217) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 July 1, 2022 $ 3,285,696 $ 3,129,877 $ 985,214 $ 321,968 $ 99,484 $ 7,822,239 Beginning balance at original discount rates 3,160,028 3,267,244 896,137 295,571 92,143 7,711,123 Effect of changes in assumptions on future cash flows (194,936) (27,211) 18,065 (21,559) (8,270) (233,911) Effect of actual variances from expected experience 13,347 (14,614) (8,476) 19,916 191 10,364 Adjusted balance at July 1, 2022 2,978,439 3,225,419 905,726 293,928 84,064 7,487,576 Issuances (1) 71,731 65,524 13,379 9,547 1,257 161,438 Interest accrual (2) 32,729 30,383 11,836 3,462 1,134 79,544 Benefit payments (3) (65,261) (30,850) (23,273) (5,168) (2,822) (127,374) Effect of changes in the foreign exchange rate — — — (2,462) — (2,462) Ending balance at original discount rates 3,017,638 3,290,476 907,668 299,307 83,633 7,598,722 Effect of change from original to current discount rates (75,810) (389,326) 26,139 5,432 1,648 (431,917) Balance at September 30, 2022 $ 2,941,828 $ 2,901,150 $ 933,807 $ 304,739 $ 85,281 $ 7,166,805 Balance at July 1, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Beginning balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of changes in assumptions on future cash flows 464,652 (32,428) (60,437) (6,407) 15,930 381,310 Effect of actual variances from expected experience 22,410 (17,000) (2,563) (2,662) (95) 90 Adjusted balance at July 1, 2023 3,603,830 3,386,739 817,879 306,018 99,023 8,213,489 Issuances (1) 82,511 70,215 14,963 9,880 2,310 179,879 Interest accrual (2) 37,340 34,024 11,173 3,810 1,160 87,507 Benefit payments (3) (74,832) (31,422) (25,220) (6,973) (2,982) (141,429) Effect of changes in the foreign exchange rate — — — (1,093) — (1,093) Ending balance at original discount rates 3,648,849 3,459,556 818,795 311,642 99,511 8,338,353 Effect of change from original to current discount rates (191,041) (498,312) (4,792) (5,601) (1,111) (700,857) Balance at September 30, 2023 $ 3,457,808 $ 2,961,244 $ 814,003 $ 306,041 $ 98,400 $ 7,637,496 (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 September 30, 2022 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 139,284 $ 1,580,574 $ 493,148 $ 109,163 $ (2,148) $ 2,320,021 Effect of changes in discount rate assumptions (3,573) (231,233) 22,481 10,068 (24) (202,281) Net liability for future policy benefits at current discount rates 135,711 1,349,341 515,629 119,231 (2,172) 2,117,740 Other Adjustments (1) (169) 583 3,354 56 3,232 7,056 Net liability for future policy benefits, after other adjustments, at current discount rates $ 135,542 $ 1,349,924 $ 518,983 $ 119,287 $ 1,060 $ 2,124,796 (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 September 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 123,861 1,692,001 471,745 112,520 (4,909) 2,395,218 Effect of changes in discount rate assumptions (7,433) (305,331) 3,580 4,375 143 (304,666) Net liability for future policy benefits at current discount rates 116,428 1,386,670 475,325 116,895 (4,766) 2,090,552 Other Adjustments (1) 4,374 (4,717) 7,043 993 5,530 13,223 Net liability for future policy benefits, after other adjustments, at current discount rates $ 120,802 $ 1,381,953 $ 482,368 $ 117,888 $ 764 $ 2,103,775 (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 September 30, 2023: At Original Discount Rates At Current Discount Rates As of September 30, As of September 30, 2023 2022 2023 2022 Life (1) : American Income $ 4,435,901 $ 4,070,359 $ 4,672,099 $ 4,666,831 Direct to Consumer 2,943,544 2,750,122 3,207,251 3,211,122 Liberty National 2,236,374 2,186,063 2,215,114 2,284,613 Other 3,010,853 2,900,148 3,288,634 3,379,810 Net liability for future policy benefits—long duration life 12,626,672 11,906,692 13,383,098 13,542,376 Health (1) : United American 126,105 137,231 120,802 135,542 Family Heritage 1,681,391 1,571,083 1,381,953 1,349,924 Liberty National 478,078 495,628 482,368 518,983 American Income 113,340 109,217 117,888 119,287 Direct to Consumer 752 1,024 764 1,060 Net liability for future policy benefits—long duration health 2,399,666 2,314,183 2,103,775 2,124,796 Deferred profit liability 173,520 176,296 173,520 176,296 Deferred annuity 813,275 991,687 813,275 991,687 Interest sensitive life 735,025 740,513 735,025 740,513 Other 9,400 9,503 9,405 9,504 Total future policy benefits $ 16,757,558 $ 16,138,874 $ 17,218,098 $ 17,585,172 (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 September 30, 2023 and 2022: Life Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 American Income DTC Liberty National Other American Income DTC Liberty National Other Original discount rate 5.7 % 6.0 % 5.6 % 6.2 % 5.8 % 6.0 % 5.6 % 6.2 % Current discount rate 5.6 % 5.6 % 5.7 % 5.7 % 5.2 % 5.3 % 5.3 % 5.3 % Health Weighted-average Discount Rates As of September 30, 2023 As of September 30, 2022 United American Family Heritage Liberty National American Income DTC United American Family Heritage Liberty National American Income DTC Original discount rate 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % 5.2 % 4.3 % 5.8 % 5.9 % 5.2 % Current discount rate 5.5 % 5.7 % 5.7 % 5.6 % 5.5 % 5.1 % 5.3 % 5.3 % 5.2 % 5.1 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of September 30, 2023 and 2022: As of September 30, 2023 2022 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 23.08 23.29 22.91 23.37 Direct to Consumer 19.73 21.00 20.40 21.97 Liberty National 15.12 15.20 14.82 15.31 Other 16.34 17.42 16.65 18.22 Health United American 11.40 10.34 11.39 10.65 Family Heritage 14.90 13.81 14.90 14.22 Liberty National 9.11 8.97 9.20 9.35 American Income 12.14 12.20 12.14 12.56 Direct to Consumer 11.40 10.34 11.39 10.65 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 Nine Months Ended Nine Months Ended Gross Interest Gross Interest American Income $ 1,181,247 $ 187,381 $ 1,122,987 $ 174,275 Direct to Consumer 735,374 127,040 729,950 118,995 Liberty National 256,641 89,765 240,460 88,061 Other 154,836 133,991 156,509 129,118 Total $ 2,328,098 $ 538,177 $ 2,249,906 $ 510,449 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 399,794 $ 63,565 $ 377,859 $ 58,970 Direct to Consumer 244,931 42,978 243,021 40,161 Liberty National 87,071 30,095 81,007 29,469 Other 51,493 45,065 51,959 43,405 Total $ 783,289 $ 181,703 $ 753,846 $ 172,005 Health Nine Months Ended Nine Months Ended Gross Interest Gross Interest United American $ 298,964 $ 5,345 $ 283,059 $ 5,665 Family Heritage 294,047 48,904 272,431 44,516 Liberty National 139,875 20,567 139,818 21,490 American Income 84,863 4,896 83,880 4,811 Direct to Consumer 10,680 — 10,710 — Total $ 828,429 $ 79,712 $ 789,898 $ 76,482 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 100,285 $ 1,741 $ 95,178 $ 1,874 Family Heritage 99,828 16,632 92,133 15,145 Liberty National 46,441 6,766 45,721 7,092 American Income 28,528 1,640 27,939 1,605 Direct to Consumer 3,583 — 3,580 — Total $ 278,665 $ 26,779 $ 264,551 $
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 September 30, 2023 As of September 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 $ 23,974,963 $ 13,530,015 $ 13,147,003 $ 22,410,479 $ 12,703,160 $ 12,721,890 PV of expected future net premiums 7,912,903 4,473,959 4,318,705 7,394,076 4,203,807 4,177,549 PV of expected future policy benefits 30,182,319 8,909,960 8,990,437 27,877,017 8,274,173 8,843,529 DTC PV of expected future gross premiums $ 17,575,618 $ 9,182,146 $ 9,112,202 $ 17,335,350 $ 9,078,493 $ 9,301,184 PV of expected future net premiums 10,850,664 5,701,293 5,670,175 10,780,312 5,684,932 5,838,457 PV of expected future policy benefits 25,711,499 8,644,837 8,873,444 25,253,094 8,435,052 9,044,308 Liberty National PV of expected future gross premiums $ 4,601,176 $ 2,681,034 $ 2,577,877 $ 4,343,332 $ 2,525,305 $ 2,505,580 PV of expected future net premiums 1,901,039 1,077,931 1,059,229 1,876,758 1,059,181 1,076,584 PV of expected future policy benefits 8,852,345 3,321,966 3,275,732 8,553,973 3,256,650 3,365,253 Other PV of expected future gross premiums $ 3,753,093 $ 1,901,531 $ 1,953,533 $ 3,832,082 $ 1,932,064 $ 2,055,807 PV of expected future net premiums 919,200 448,031 446,532 925,064 450,213 465,269 PV of expected future policy benefits 12,427,646 3,485,529 3,767,647 12,333,168 3,375,762 3,878,869 Total PV of expected future gross premiums $ 49,904,850 $ 27,294,726 $ 26,790,615 $ 47,921,243 $ 26,239,022 $ 26,584,461 PV of expected future net premiums 21,583,806 11,701,214 11,494,641 20,976,210 11,398,133 11,557,859 PV of expected future policy benefits 77,173,809 24,362,292 24,907,260 74,017,252 23,341,637 25,131,959 Health As of September 30, 2023 As of September 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 $ 8,442,713 $ 5,141,771 $ 4,871,878 $ 6,659,804 $ 4,191,787 $ 4,082,931 PV of expected future net premiums 5,799,017 3,524,988 3,341,380 4,586,540 2,878,354 2,806,117 PV of expected future policy benefits 5,998,770 3,648,849 3,457,808 4,818,514 3,017,638 2,941,828 Family Heritage PV of expected future gross premiums $ 6,637,472 $ 3,932,327 $ 3,523,258 $ 6,221,234 $ 3,732,771 $ 3,413,372 PV of expected future net premiums 2,962,973 1,767,555 1,574,574 2,824,266 1,709,902 1,551,809 PV of expected future policy benefits 6,549,339 3,459,556 2,961,244 6,140,498 3,290,476 2,901,150 Liberty National PV of expected future gross premiums $ 2,084,428 $ 1,321,438 $ 1,308,898 $ 2,268,736 $ 1,413,365 $ 1,439,069 PV of expected future net premiums 515,612 347,050 338,678 654,018 414,520 418,178 PV of expected future policy benefits 1,414,512 818,795 814,003 1,606,868 907,668 933,807 American Income PV of expected future gross premiums $ 1,755,682 $ 984,122 $ 969,090 $ 1,738,642 $ 971,620 $ 987,597 PV of expected future net premiums 354,120 199,122 189,146 337,734 190,144 185,508 PV of expected future policy benefits 632,349 311,642 306,041 609,213 299,307 304,739 Direct to Consumer PV of expected future gross premiums $ 224,522 $ 141,374 $ 139,748 $ 173,045 $ 113,484 $ 115,727 PV of expected future net premiums 166,099 104,420 103,166 130,993 85,781 87,453 PV of expected future policy benefits 154,931 99,511 98,400 125,591 83,633 85,281 Total PV of expected future gross premiums $ 19,144,817 $ 11,521,032 $ 10,812,872 $ 17,061,461 $ 10,423,027 $ 10,038,696 PV of expected future net premiums 9,797,821 5,943,135 5,546,944 8,533,551 5,278,701 5,049,065 PV of expected future policy benefits 14,749,901 8,338,353 7,637,496 13,300,684 7,598,722 7,166,805
Schedule of Policyholder Account Balance	The following table summarizes the balances of, and changes in, policyholders’ account balances as of September 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 — 602 — — 1,031 — Premiums received 17,062 10,543 100,113 18,133 18,898 8,689 Policy charges (9,729) — — (10,247) — — Surrenders and withdrawals (16,204) (125,176) (9,106) (16,708) (52,264) (8,701) Benefit payments (22,753) (48,459) — (25,913) (34,684) — Interest credited 21,274 21,608 6,164 21,475 24,702 3,522 Other 6,270 (161) (2,195) 8,438 479 72 Balance at September 30, $ 735,025 $ 813,275 $ 218,210 $ 740,513 $ 991,687 $ 103,050 Policyholders' Account Balances 2023 2022 Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Interest Sensitive Life Deferred Annuity Other Policyholders' Funds Balance at July 1, $ 736,920 $ 853,064 $ 187,873 $ 742,293 $ 1,015,804 $ 100,234 Issuances — 231 — — 338 — Premiums received 5,398 2,439 31,704 5,746 4,824 4,797 Policy charges (3,213) — — (3,373) — — Surrenders and withdrawals (5,582) (37,905) (2,782) (5,955) (26,148) (3,059) Benefit payments (7,258) (11,047) — (7,552) (11,232) — Interest credited 7,083 6,863 2,825 7,110 8,112 1,264 Other 1,677 (370) (1,410) 2,244 (11) (186) Balance at September 30, $ 735,025 $ 813,275 $ 218,210 $ 740,513 $ 991,687 $ 103,050 Weighted-average credit rate 3.91 % 3.34 % 5.68 % 3.89 % 3.27 % 5.07 % Net amount at risk $ 1,793,787 N/A N/A $ 1,899,046 N/A N/A Cash surrender value 673,814 813,276 218,210 690,020 991,600 103,049
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 September 30, 2023 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 2,011 $ 118,565 3.00%-3.99% 29,018 610,785 4,002 4.00%-4.99% 615,835 199,724 6,851 Greater than 5.00% 90,172 755 38,788 Total 735,025 813,275 168,206 51-150 basis points above Less than 3.00% — — — 3.00%-3.99% — — — 4.00%-4.99% — — 50,004 Greater than 5.00% — — — Total — — 50,004 Grand Total $ 735,025 $ 813,275 $ 218,210 At September 30, 2022 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 2,104 $ 3,007 3.00%-3.99% 28,776 778,673 2,941 4.00%-4.99% 622,316 210,910 58,888 Greater than 5.00% 89,421 — 38,214 Total $ 740,513 $ 991,687 $ 103,050 51-150 basis points above Less than 3.00% $ — $ — $ — 3.00%-3.99% — — — 4.00%-4.99% — — — Greater than 5.00% — — — Total — — — Grand Total $ 740,513 $ 991,687 $ 103,050

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	9 Months Ended
Deferred Acquisition Costs (Tables)	Sep. 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 nine month periods ended September 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 341,585 140,449 66,073 10,268 558,375 Amortization expense (104,124) (70,478) (33,899) (12,594) (221,095) Foreign exchange adjustment (15,003) — — — (15,003) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 351,933 123,774 78,599 9,970 564,276 Amortization expense (118,207) (74,496) (38,192) (12,390) (243,285) Foreign exchange adjustment (1,297) — — — (1,297) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 Life American Income DTC Liberty National Other Total Balance at July 1, 2022 $ 2,116,771 $ 1,630,734 $ 586,898 $ 300,272 $ 4,634,675 Capitalizations 111,564 46,792 23,259 3,250 184,865 Amortization expense (35,860) (23,860) (11,564) (4,201) (75,485) Foreign exchange adjustment (9,763) — — — (9,763) Experience adjustment — — — — — Balance at September 30, 2022 $ 2,182,712 $ 1,653,666 $ 598,593 $ 299,321 $ 4,734,292 Balance at July 1, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Capitalizations 117,761 36,385 27,950 3,203 185,299 Amortization expense (40,465) (24,891) (13,029) (4,138) (82,523) Foreign exchange adjustment (4,056) — — — (4,056) Experience adjustment — — — — — Balance at September 30, 2023 $ 2,490,720 $ 1,726,209 $ 651,130 $ 295,926 $ 5,163,985 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 1,628 38,500 13,357 9,408 2 62,895 Amortization expense (4,503) (19,048) (9,990) (2,567) (134) (36,242) Foreign exchange adjustment — — — (755) — (755) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 1,491 46,977 14,854 9,579 — 72,901 Amortization expense (4,504) (20,071) (9,977) (2,919) (137) (37,608) Foreign exchange adjustment — — — (125) — (125) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 Health United American Family Heritage Liberty National American Income DTC Total Balance at July 1, 2022 $ 79,174 $ 401,722 $ 129,592 $ 53,776 $ 1,945 $ 666,209 Capitalizations 560 13,070 4,621 3,063 — 21,314 Amortization expense (1,469) (6,373) (3,309) (880) (45) (12,076) Foreign exchange adjustment — — — (467) — (467) Experience adjustment — — — — — — Balance at September 30, 2022 $ 78,265 $ 408,419 $ 130,904 $ 55,492 $ 1,900 $ 674,980 Balance at July 1, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Capitalizations 495 16,386 5,120 3,259 — 25,260 Amortization expense (1,463) (6,871) (3,423) (1,016) (43) (12,816) Foreign exchange adjustment — — — (182) — (182) Experience adjustment — — — — — — Balance at September 30, 2023 $ 74,381 $ 443,514 $ 137,973 $ 64,346 $ 1,717 $ 721,931 The following table presents a reconciliation of deferred policy acquisition costs to the Consolidated Balance Sheets as of September 30, 2023: September 30, 2023 2022 Life American Income $ 2,490,720 $ 2,182,712 Direct to Consumer 1,726,209 1,653,666 Liberty National 651,130 598,593 Other 295,926 299,321 Total DAC - Life 5,163,985 4,734,292 Health United American 74,381 78,265 Family Heritage 443,514 408,419 Liberty National 137,973 130,904 American Income 64,346 55,492 Direct to Consumer 1,717 1,900 Total DAC - Health 721,931 674,980 Annuity 3,377 5,085 Tota l $ 5,889,293 $ 5,414,357

Liability for Unpaid Claims (Ta

Liability for Unpaid Claims (Tables)	9 Months Ended
Liability for Unpaid Claims (Tables)	Sep. 30, 2023
Insurance [Abstract]
Schedule of Liability for Unpaid Health Claims	Activity in the liability for unpaid health claims is summarized as follows: September 30, December 31, Balance at beginning of period $ 182,202 $ 171,109 Incurred related to: Current year 523,152 676,190 Prior year (2,383) (15,631) Total incurred 520,769 660,559 Paid related to: Current year 375,687 517,856 Prior year 137,701 131,610 Total paid 513,388 649,466 Balance at end of period $ 189,583 $ 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 . September 30, December 31, Policy claims and other benefits payable: Life insurance $ 313,489 $ 325,017 Health insurance 189,583 182,202 Total $ 503,072 $ 507,219

Postretirement Benefits (Tables

Postretirement Benefits (Tables)	9 Months Ended
Postretirement Benefits (Tables)	Sep. 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 September 30, 2023 and December 31, 2022. Pension Assets by Component at September 30, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Total Amount % of Corporate bonds: Exchange traded fund (4) $ 7,424 $ — $ — $ 7,424 1 Financial — — — — — Utilities — — — — — Energy — — — — — Other corporates — — — — — Total corporate bonds 7,424 — — 7,424 1 Exchange traded fund (1) 290,116 — — 290,116 57 U.S. Government and Agency — 139,820 — 139,820 27 Other bonds — 5 — 5 — Guaranteed annuity contract (2) — 43,294 — 43,294 9 Short-term investments 16,615 — — 16,615 3 Other 511 — — 511 — $ 314,666 $ 183,119 $ — 497,785 97 Other long-term investments (3) 13,407 3 Total pension assets $ 511,192 100 (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) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of September 30, 2023, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4) A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years. 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. Nine Months Ended 2023 2022 Premiums paid for insurance coverage $ 443 $ 443 September 30, December 31, Total investments: Company owned life insurance $ 54,761 $ 54,681 Exchange traded funds 78,310 71,258 $ 133,071 $ 125,939
Schedule of Pension Liability	The following table presents liabilities for the defined benefit pension plans and SERP at September 30, 2023 and December 31, 2022. September 30, December 31, Pension Plans $ 490,547 $ 492,103 SERP 71,285 70,464 Pension benefit obligation $ 561,832 $ 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 nine month periods ended September 30, 2023 and 2022. Components of Net Periodic Benefit Cost Three Months Ended Nine Months Ended 2023 2022 2023 2022 Service cost $ 5,392 $ 8,657 $ 16,174 $ 25,968 Interest cost 7,834 6,124 23,502 18,368 Expected return on assets (9,656) (8,885) (28,968) (26,655) Amortization: Prior service cost 269 158 807 474 Actuarial (gain) loss (48) 3,208 (152) 9,625 Net periodic benefit cost $ 3,791 $ 9,262 $ 11,363 $ 27,780

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 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 Nine Months Ended 2023 2022 2023 2022 Basic weighted average shares outstanding 94,636,867 97,258,349 95,445,416 98,244,271 Weighted average dilutive options outstanding 1,180,770 889,175 1,211,974 857,964 Diluted weighted average shares outstanding 95,817,637 98,147,524 96,657,390 99,102,235 Antidilutive shares 492,970 2,602,609 399,071 2,351,522

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 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 September 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 05/27/1993 05/15/2023 7.875% $ — $ — $ — $ — $ 165,500 Senior notes 09/27/2018 09/15/2028 4.550% 550,000 (3,887) 546,113 521,290 545,601 Senior notes 08/21/2020 08/15/2030 2.150% 400,000 (3,442) 396,558 309,828 396,219 Senior notes (1) 05/19/2022 06/15/2032 4.800% 250,000 (4,222) 245,778 228,709 245,493 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,578) 123,422 114,972 123,410 Junior subordinated debentures 06/14/2021 06/15/2061 4.250% 325,000 (7,713) 317,287 242,450 317,229 Term loan (2) 05/11/2023 11/11/2024 6.200% 170,000 (575) 169,425 169,425 — 1,820,000 (21,417) 1,798,583 1,586,674 1,793,452 Less current maturity of long-term debt — — — — 165,500 Total long-term debt 1,820,000 (21,417) 1,798,583 1,586,674 1,627,952 Current maturity of long-term debt — — — — 165,500 FHLB borrowings 198,000 — 198,000 198,000 — Commercial paper 251,000 (1,463) 249,537 249,537 283,603 Total short-term debt 449,000 (1,463) 447,537 447,537 449,103 Total debt $ 2,269,000 $ (22,880) $ 2,246,120 $ 2,034,211 $ 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)	9 Months Ended
Business Segments (Tables)	Sep. 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 September 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 400,214 51 $ 30,535 9 $ — — $ 430,749 39 Direct to Consumer 247,858 32 17,153 5 — — 265,011 24 Liberty National 88,199 11 46,643 14 — — 134,842 12 United American 1,802 — 137,077 42 — — 138,879 12 Family Heritage 1,561 — 99,828 30 — — 101,389 9 Other 48,465 6 — — — — 48,465 4 $ 788,099 100 $ 331,236 100 $ — — $ 1,119,335 100 Premium Income by Distribution Channel Three Months Ended September 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 378,258 50 $ 29,753 9 $ — — $ 408,011 38 Direct to Consumer 246,021 32 17,733 6 — — 263,754 24 Liberty National 82,273 11 45,957 14 — — 128,230 12 United American 1,970 — 134,832 42 1 100 136,803 13 Family Heritage 1,411 — 92,131 29 — — 93,542 9 Other 48,942 7 — — — — 48,942 4 $ 758,875 100 $ 320,406 100 $ 1 100 $ 1,079,282 100 Nine Months Ended September 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 1,182,346 50 $ 89,656 9 $ — — $ 1,272,002 38 Direct to Consumer 744,132 32 51,576 5 — — 795,708 24 Liberty National 260,036 11 140,518 14 — — 400,554 12 United American 5,533 — 407,137 42 — — 412,670 13 Family Heritage 4,554 — 294,029 30 — — 298,583 9 Other 145,828 7 — — — — 145,828 4 $ 2,342,429 100 $ 982,916 100 $ — — $ 3,325,345 100 Nine Months Ended September 30, 2022 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 1,124,112 50 $ 87,930 9 $ — — $ 1,212,042 38 Direct to Consumer 739,017 33 53,509 6 — — 792,526 25 Liberty National 244,149 11 140,563 15 — — 384,712 12 United American 6,047 — 401,966 42 1 100 408,014 13 Family Heritage 4,143 — 272,429 28 — — 276,572 8 Other 147,427 6 — — — — 147,427 4 $ 2,264,895 100 $ 956,397 100 $ 1 100 $ 3,221,293 100
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 September 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 788,099 $ 331,236 $ — $ — $ — $ — $ 1,119,335 Net investment income — — — 266,926 — — 266,926 Other income — — — — 50 — 50 Total revenue 788,099 331,236 — 266,926 50 — 1,386,311 Expenses: Policy benefits 515,676 193,790 6,854 2,724 — — 719,044 Required interest on reserves (194,199) (26,732) (9,353) 230,284 — — — Amortization of acquisition costs 82,523 12,816 418 — — — 95,757 Commissions, premium taxes, and non-deferred acquisition costs 84,011 54,662 4 — — — 138,677 Insurance administrative expense (1) — — — — 74,585 74,585 Parent expense — — — — 2,581 1,137 (2) 3,718 Stock-based compensation expense — — — — 7,567 — 7,567 Interest expense — — — — 25,955 — 25,955 Total expenses 488,011 234,536 (2,077) 233,008 110,688 1,137 1,065,303 Subtotal 300,088 96,700 2,077 33,918 (110,638) (1,137) 321,008 Non-operating items — — — — — 1,137 (2) 1,137 Measure of segment profitability (pretax) $ 300,088 $ 96,700 $ 2,077 $ 33,918 $ (110,638) $ — 322,145 Realized gain (loss)—investments (2,193) Non-operating expenses (1,137) Income before income taxes per Condensed Consolidated Statements of Operations $ 318,815 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. Three Months Ended September 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 758,875 $ 320,406 $ 1 $ — $ — $ — $ 1,079,282 Net investment income — — — 246,711 — — 246,711 Other income — — — — 399 — 399 Total revenue 758,875 320,406 1 246,711 399 — 1,326,392 Expenses: Policy obligations 545,933 182,409 8,136 1,098 — — 737,576 Required interest on reserves (184,712) (25,690) (11,228) 221,630 — — — Amortization of acquisition costs 75,486 12,076 450 — — — 88,012 Commissions, premium taxes, and non-deferred acquisition costs 74,284 50,479 5 — — — 124,768 Insurance administrative expense (1) — — — — 75,048 1,416 (2) 76,464 Parent expense — — — — 2,556 2,556 Stock-based compensation expense — — — — 9,120 — 9,120 Interest expense — — — — 23,965 — 23,965 Total expenses 510,991 219,274 (2,637) 222,728 110,689 1,416 1,062,461 Subtotal 247,884 101,132 2,638 23,983 (110,290) (1,416) 263,931 Non-operating items — — — — — 1,416 (2) 1,416 Measure of segment profitability (pretax) $ 247,884 $ 101,132 $ 2,638 $ 23,983 $ (110,290) $ — 265,347 Realized gain (loss)—investments (29,155) Legal proceedings (1,416) Income before income taxes per Condensed Consolidated Statements of Operations $ 234,776 (1) Administrative expense is not allocated to insurance segments. (2) Legal proceedings. 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. Nine Months Ended September 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 2,342,429 $ 982,916 $ — $ — $ — $ — $ 3,325,345 Net investment income — — — 785,275 — — 785,275 Other income — — — — 185 — 185 Total revenue 2,342,429 982,916 — 785,275 185 — 4,110,805 Expenses: Policy obligations 1,536,317 580,676 21,502 5,986 — — 2,144,481 Required interest on reserves (575,801) (79,603) (29,327) 684,731 — — — Amortization of acquisition costs 243,285 37,608 1,266 — — — 282,159 Commissions, premium taxes, and non-deferred acquisition costs 251,136 163,784 13 — — — 414,933 Insurance administrative expense (1) — — — — 223,951 — 223,951 Parent expense — — — — 8,254 1,137 (2) 9,391 Stock-based compensation expense — — — — 22,732 — 22,732 Interest expense — — — — 76,640 — 76,640 Total expenses 1,454,937 702,465 (6,546) 690,717 331,577 1,137 3,174,287 Subtotal 887,492 280,451 6,546 94,558 (331,392) (1,137) 936,518 Non-operating items — — — — — 1,137 (2) 1,137 Measure of segment profitability (pretax) $ 887,492 $ 280,451 $ 6,546 $ 94,558 $ (331,392) $ — 937,655 Realized gain (loss)—investments (78,963) Non-operating expenses (1,137) Income before income taxes per Consolidated Statements of Operations $ 857,555 (1) Administrative expense is not allocated to insurance segments. (2) Non-operating expenses. Nine Months Ended September 30, 2022 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 2,264,895 $ 956,397 $ 1 $ — $ — $ — $ 3,221,293 Net investment income — — — 736,317 — — 736,317 Other income — — — — 862 — 862 Total revenue 2,264,895 956,397 1 736,317 862 — 3,958,472 Expenses: Policy obligations 1,533,726 561,502 24,700 3,228 — — 2,123,156 Required interest on reserves (548,840) (76,420) (33,956) 659,216 — — — Amortization of acquisition costs 221,096 36,242 1,355 — — — 258,693 Commissions, premium taxes, and non-deferred acquisition costs 222,310 154,160 20 — — — 376,490 Insurance administrative expense (1) — — — — 221,313 6,513 (2,3) 227,826 Parent expense — — — — 8,089 (368) (3) 7,721 Stock-based compensation expense — — — — 26,603 — 26,603 Interest expense — — — — 65,737 — 65,737 Total expenses 1,428,292 675,484 (7,881) 662,444 321,742 6,145 3,086,226 Subtotal 836,603 280,913 7,882 73,873 (320,880) (6,145) 872,246 Non-operating items — — — — — 6,145 (2,3) 6,145 Measure of segment profitability (pretax) $ 836,603 $ 280,913 $ 7,882 $ 73,873 $ (320,880) $ — 878,391 Realized gain (loss)—investments (66,845) Legal proceedings (1,416) Non-operating expenses (4,729) Income before income taxes per Consolidated Statements of Operations $ 805,401 (1) Administrative expense is not allocated to insurance segments. (2) Legal proceedings. (3) Non-operating expenses.

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Detail)	9 Months Ended
	Sep. 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	91%

New Accounting Standards - Sche

New Accounting Standards - Schedule of Liability for Future Policy Benefits, Nonparticipating Traditional Life (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 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	$ 17,218,098	$ 18,040,042	$ 17,585,172
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	544,968		1,790,322		$ 9,057,475
Effect of capping and flooring					19,334
Balance, net of reinsurance, at current discount rates as of January 1, 2021	13,383,098		13,542,376	$ 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	(700,857)		(431,917)		853,606
Effect of capping and flooring					30,023
Balance, net of reinsurance, at current discount rates as of January 1, 2021	2,103,775		2,124,796	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
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	80,477		569,356		3,334,600
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	4,672,099		4,666,831	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	(5,601)		5,432		60,366
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	117,888		119,287	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	228,607		609,256		2,195,430
Effect of capping and flooring					16,899
Balance, net of reinsurance, at current discount rates as of January 1, 2021	3,207,251		3,211,122	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	(1,111)		1,648		346
Effect of capping and flooring					4,193
Balance, net of reinsurance, at current discount rates as of January 1, 2021	764		1,060	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)
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	(46,234)		108,603		1,229,610
Effect of capping and flooring					2,433
Balance, net of reinsurance, at current discount rates as of January 1, 2021	2,215,114		2,284,613	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	(4,792)		26,139		219,992
Effect of capping and flooring					19,324
Balance, net of reinsurance, at current discount rates as of January 1, 2021	482,368		518,983	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
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
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in discount rate assumptions	(191,041)		(75,810)		75,652
Effect of capping and flooring					6,506
Balance, net of reinsurance, at current discount rates as of January 1, 2021	120,802		135,542	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	(498,312)		(389,326)		497,250
Effect of capping and flooring					0
Balance, net of reinsurance, at current discount rates as of January 1, 2021	$ 1,381,953		$ 1,349,924	$ 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

New Accounting Standards - Sc_2

New Accounting Standards - Schedule of Liability For Future Policy Benefits To Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 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	$ 260,843	$ 253,140		243,369	61,728
Policy claims and other benefits payable	503,072	507,219		473,524	399,507
Other policyholders' funds	218,210	123,236		98,459	97,968
Total policy liabilities	18,200,223	$ 18,923,637		25,809,609	15,802,739
Life
Liability for Future Policy Benefit, Activity [Line Items]
Total future policy benefits	13,412,619		$ 13,574,100	19,987,227	10,910,418
Health
Liability for Future Policy Benefit, Activity [Line Items]
Total future policy benefits	$ 2,090,552		$ 2,117,740	$ 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	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 5,889,293		$ 5,535,697	$ 5,414,357			$ 4,587,547	$ 4,595,444
Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	5,163,985	$ 5,065,265	4,844,291	4,734,292	$ 4,634,675	$ 4,412,015	3,983,021	3,982,159
Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	721,931	709,669	686,763	674,980	666,209	649,082	596,217	610,069
Annuity
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	3,377			5,085			8,309	3,216
American Income \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,490,720	2,417,480	2,258,291	2,182,712	2,116,771	1,960,254	1,647,761	1,647,761
American Income \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	64,346	62,285	57,811	55,492	53,776	49,406	39,477	39,477
Direct to Consumer \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,726,209	1,714,715	1,676,931	1,653,666	1,630,734	1,583,695	1,498,970	1,498,435
Direct to Consumer \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,717	1,760	1,854	1,900	1,945	2,032	2,215	6,600
Liberty National \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	651,130	636,209	610,723	598,593	586,898	566,419	531,504	531,504
Liberty National \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	137,973	136,276	133,096	130,904	129,592	127,537	124,754	124,888
Other \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	295,926	296,861	298,346	299,321	300,272	301,647	304,786	304,459
United American \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	74,381	75,349	77,394	78,265	79,174	81,140	65,020	74,353
Family Heritage \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 443,514	$ 433,999	$ 416,608	$ 408,419	$ 401,722	$ 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	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 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	$ 4,623,131	$ 3,980,306	$ 3,846,291	$ 3,949,577	$ 3,609,969	$ 3,220,303	$ 2,544,275	$ 2,003,808	$ 933,521	$ 8,771,092
Shareholders’ Equity, as of January 1, 2021	4,623,131	3,980,306	3,846,291	3,949,577	3,609,969	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	7,519,893	7,285,809	7,092,544	6,894,535	7,030,901	6,863,681	6,662,365	6,455,733	5,861,587	5,874,109
Shareholders’ Equity, as of January 1, 2021	7,519,893	7,285,809	7,092,544	6,894,535	7,030,901	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	(2,458,974)	(2,943,897)	(2,961,093)	(2,790,313)	(2,960,710)	(3,228,025)	(3,827,006)	(4,235,048)	(4,795,805)	3,029,244
Shareholders’ Equity, as of January 1, 2021	$ (2,458,974)	$ (2,943,897)	$ (2,961,093)	$ (2,790,313)	$ (2,960,710)	$ (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	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jan. 01, 2021	Dec. 31, 2020
Assets:
Other receivables	$ 616,881	$ 589,079
Deferred acquisition costs	5,889,293	5,535,697	$ 5,414,357	$ 4,587,547	$ 4,595,444
Liabilities:
Future policy benefits at current discount rates: (at original rates: 2023—$16,757,558; 2022—$16,306,870)	17,218,098	18,040,042	$ 17,585,172
Unearned and advance premium	260,843	253,140		243,369	61,728
Policy claims and other benefits payable	503,072	507,219		$ 473,524	$ 399,507
Accrued Income Taxes	554,853	434,649
Shareholders' equity:
Accumulated other comprehensive income	(2,458,974)	(2,790,313)
Retained earnings	$ 7,519,893	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—$16,757,558; 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—$16,757,558; 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		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue:
Premium		$ 1,119,335	$ 1,079,282	$ 3,325,345	$ 3,221,293
Net investment income		266,926	246,711	785,275	736,317
Benefits and expenses:
Life policyholder benefits	[1]	515,676	545,933	1,536,317	1,533,726
Health policyholder benefits	[2]	193,790	182,409	580,676	561,502
Other policyholder benefits		9,578	9,234	27,488	27,928
Amortization of deferred acquisition costs		95,757	88,012	282,159	258,693
Commissions, premium taxes, and non-deferred acquisition costs		138,677	124,768	414,933	376,490
Income before income taxes		318,815	234,776	857,555	805,401
Income tax benefit (expense)		(61,732)	(44,190)	(161,602)	(153,358)
Net income		$ 257,083	$ 190,586	$ 695,953	$ 652,043
Basic net income per common share (in dollars per share)		$ 2.72	$ 1.96	$ 7.29	$ 6.64
Diluted net income per common share (in dollars per share)		$ 2.68	$ 1.94	$ 7.20	$ 6.58
As Previously Reported
Revenue:
Net investment income			$ 245,625		$ 733,101
Benefits and expenses:
Life policyholder benefits			494,627		1,555,004
Health policyholder benefits			198,415		592,488
Other policyholder benefits			6,986		21,110
Amortization of deferred acquisition costs			156,129		469,718
Commissions, premium taxes, and non-deferred acquisition costs			93,028		277,436
Income before income taxes			229,983		648,594
Income tax benefit (expense)			(43,204)		(120,450)
Net income			$ 186,779		$ 528,144
Basic net income per common share (in dollars per share)			$ 1.92		$ 5.38
Diluted net income per common share (in dollars per share)			$ 1.90		$ 5.33
Adoption Impact
Revenue:
Net investment income			$ 1,086		$ 3,216
Benefits and expenses:
Life policyholder benefits			51,306		(21,278)
Health policyholder benefits			(16,006)		(30,986)
Other policyholder benefits			2,248		6,818
Amortization of deferred acquisition costs			(68,117)		(211,025)
Commissions, premium taxes, and non-deferred acquisition costs			31,740		99,054
Income before income taxes			4,793		156,807
Income tax benefit (expense)			(986)		(32,908)
Net income			$ 3,807		$ 123,899
Basic net income per common share (in dollars per share)			$ 0.04		$ 1.26
Diluted net income per common share (in dollars per share)			$ 0.04		$ 1.25
Life insurance
Revenue:
Premium		$ 788,099	$ 758,875	$ 2,342,429	$ 2,264,895
Life insurance \| As Previously Reported
Revenue:
Premium			755,115		2,269,641
Life insurance \| Adoption Impact
Revenue:
Premium			3,760		(4,746)
Health premium
Revenue:
Premium		$ 331,236	320,406	$ 982,916	956,397
Health premium \| As Previously Reported
Revenue:
Premium			319,289		955,478
Health premium \| Adoption Impact
Revenue:
Premium			$ 1,117		$ 919

[1]et of the total remeasurement, including both the impact of assumption changes and the effect of actual to expected experience adjustments, resulting in a $11.3 million gain and a $45.2 million loss for the three months ended September 30, 2023 and 2022, respectively. Net of the total remeasurement gain of $16.5 million for the nine months ended September 30, 2023 and the total remeasurement loss of $49.3 million for the same period in 2022.[2]$7.8 million gain and $9.7 million gain for the three months ended September 30, 2023 and 2022, respectively. Net of the total remeasurement gain of $8.3 million and $13.8 million for the nine months ended September 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	$ 3,980,306	$ 3,220,303	$ 3,949,577	$ 2,003,808
Other comprehensive income (loss) before reclassifications, net of tax	484,223	255,006	266,141	1,242,195
Reclassifications, net of tax	700	12,309	65,198	32,143
Other comprehensive income (loss)	484,923	267,315	331,339	1,274,338
Ending balance	4,623,131	3,609,969	4,623,131	3,609,969
Total
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(2,943,897)	(3,228,025)	(2,790,313)	(4,235,048)
Ending balance	(2,458,974)	(2,960,710)	(2,458,974)	(2,960,710)
Available for Sale Assets
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,249,399)	(643,385)	(1,420,672)	2,765,290
Other comprehensive income (loss) before reclassifications, net of tax	(842,527)	(1,079,185)	(736,046)	(4,502,261)
Reclassifications, net of tax	672	9,592	65,464	23,993
Other comprehensive income (loss)	(841,855)	(1,069,593)	(670,582)	(4,478,268)
Ending balance	(2,091,254)	(1,712,978)	(2,091,254)	(1,712,978)
Future Policy Benefits
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,696,801)	(2,494,442)	(1,369,204)	(6,915,910)
Other comprehensive income (loss) before reclassifications, net of tax	1,332,976	1,351,869	1,005,379	5,773,337
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	1,332,976	1,351,869	1,005,379	5,773,337
Ending balance	(363,825)	(1,142,573)	(363,825)	(1,142,573)
Foreign Exchange
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	1,353	8,045	(1,681)	19,248
Other comprehensive income (loss) before reclassifications, net of tax	(6,226)	(17,678)	(3,192)	(28,881)
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	(6,226)	(17,678)	(3,192)	(28,881)
Ending balance	(4,873)	(9,633)	(4,873)	(9,633)
Pension Adjustments
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	950	(98,243)	1,244	(103,676)
Other comprehensive income (loss) before reclassifications, net of tax	0	0	0	0
Reclassifications, net of tax	28	2,717	(266)	8,150
Other comprehensive income (loss)	28	2,717	(266)	8,150
Ending balance	$ 978	$ (95,526)	$ 978	$ (95,526)

Supplemental Information abou_4

Supplemental Information about Changes to Accumulated Other Comprehensive Income - Schedule of Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$ 2,193	$ 29,155	$ 78,963	$ 66,845
Net investment income	(266,926)	(246,711)	(785,275)	(736,317)
Other operating expense	85,870	88,140	256,074	262,150
Total before tax	(318,815)	(234,776)	(857,555)	(805,401)
Tax	61,732	44,190	161,602	153,358
Total after-tax	(257,083)	(190,586)	(695,953)	(652,043)
Reclassification out of Accumulated Other Comprehensive Income
Unrealized investment (gains) losses on available for sale assets:
Total after-tax	700	12,309	65,198	32,143
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	1,759	12,256	85,230	29,741
Net investment income	(908)	(114)	(2,364)	630
Total before tax	851	12,142	82,866	30,371
Tax	(179)	(2,550)	(17,402)	(6,378)
Total after-tax	672	9,592	65,464	23,993
Reclassification out of Accumulated Other Comprehensive Income \| Pension adjustments:
Unrealized investment (gains) losses on available for sale assets:
Total before tax	35	3,438	(336)	10,316
Tax	(7)	(721)	70	(2,166)
Total after-tax	28	2,717	(266)	8,150
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	807	474
Reclassification out of Accumulated Other Comprehensive Income \| Amortization of actuarial (gain) loss
Unrealized investment (gains) losses on available for sale assets:
Other operating expense	$ (234)	$ 3,280	$ (1,143)	$ 9,842

Investments - Schedule of Fixed

Investments - Schedule of Fixed Maturities Available for Sale by Component (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 18,914,693		$ 18,301,692
Allowance for Credit Losses	(7,500)		0
Gross Unrealized Gains	100,410		238,967
Gross Unrealized Losses	(2,747,569)		(2,037,294)
Fair value	$ 16,260,034		$ 16,503,365
Percentage of Fixed Maturities at Fair Value	100%		100%
U.S. Government direct, guaranteed, and government-sponsored enterprises
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 395,382		$ 394,439
Allowance for Credit Losses	0		0
Gross Unrealized Gains	0		27
Gross Unrealized Losses	(55,738)		(38,968)
Fair value	$ 339,644		$ 355,498
Percentage of Fixed Maturities at Fair Value	2%		2%
States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 3,319,521		$ 2,791,030
Allowance for Credit Losses	0		0
Gross Unrealized Gains	14,159		24,328
Gross Unrealized Losses	(696,791)		(505,447)
Fair value	$ 2,636,889		$ 2,309,911
Percentage of Fixed Maturities at Fair Value	16%		14%
Foreign governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 42,085		$ 55,164
Allowance for Credit Losses	0		0
Gross Unrealized Gains	0		6
Gross Unrealized Losses	(12,497)		(12,706)
Fair value	$ 29,588		$ 42,464
Percentage of Fixed Maturities at Fair Value	0%		0%
Corporates
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 15,034,066		$ 14,935,625
Allowance for Credit Losses	(7,500)	$ (72,508)	0	$ 0	$ 0	$ (387)
Gross Unrealized Gains	81,407		201,336
Gross Unrealized Losses	(1,976,111)		(1,470,897)
Fair value	$ 13,131,862		$ 13,666,064
Percentage of Fixed Maturities at Fair Value	81%		83%
Corporates \| Financial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 4,938,112		$ 4,907,794
Allowance for Credit Losses	0		0
Gross Unrealized Gains	22,380		63,126
Gross Unrealized Losses	(672,806)		(504,489)
Fair value	$ 4,287,686		$ 4,466,431
Percentage of Fixed Maturities at Fair Value	27%		27%
Corporates \| Utilities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 1,998,424		$ 1,924,190
Allowance for Credit Losses	0		0
Gross Unrealized Gains	13,550		36,670
Gross Unrealized Losses	(190,901)		(125,713)
Fair value	$ 1,821,073		$ 1,835,147
Percentage of Fixed Maturities at Fair Value	11%		11%
Corporates \| Energy
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 1,426,415		$ 1,436,598
Allowance for Credit Losses	0		0
Gross Unrealized Gains	13,284		22,637
Gross Unrealized Losses	(136,363)		(101,923)
Fair value	$ 1,303,336		$ 1,357,312
Percentage of Fixed Maturities at Fair Value	8%		8%
Corporates \| Other corporate sectors
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 6,671,115		$ 6,667,043
Allowance for Credit Losses	(7,500)		0
Gross Unrealized Gains	32,193		78,903
Gross Unrealized Losses	(976,041)		(738,772)
Fair value	$ 5,719,767		$ 6,007,174
Percentage of Fixed Maturities at Fair Value	35%		37%
Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 36,843		$ 37,098
Allowance for Credit Losses	0		0
Gross Unrealized Gains	4,842		13,266
Gross Unrealized Losses	0		0
Fair value	$ 41,685		$ 50,364
Percentage of Fixed Maturities at Fair Value	0%		0%
Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 86,796		$ 88,336
Allowance for Credit Losses	0		0
Gross Unrealized Gains	2		4
Gross Unrealized Losses	(6,432)		(9,276)
Fair value	$ 80,366		$ 79,064
Percentage of Fixed Maturities at Fair Value	1%		1%

Investments - Additional Inform

Investments - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) commercial_mortgage_loan loan issuer Issue	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) commercial_mortgage_loan loan issuer Issue	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) Issue commercial_mortgage_loan issuer
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 16,260,034		$ 16,260,034		$ 16,503,365
Percentage of fixed maturities at fair value	100%		100%		100%
Fixed maturity, portfolio issues \| Issue	2,446		2,446		2,328
Fixed portfolio, number of issuers \| issuer	990		990		979
Securities sold with a provision for credit losses	$ 66,000
Number of loans \| loan	25		25
Increase in allowance for credit losses			$ 1,200
Realized gain (loss)—investments	$ (2,193)	$ (29,155)	$ (78,963)	$ (66,845)
Financing receivable, number of loans in delinquent \| commercial_mortgage_loan	0		0		0
Number of loans in non-accrual status \| commercial_mortgage_loan	0		0		0
Carrying value, net of valuation allowance	$ 228,802		$ 228,802		$ 181,305
Commercial Portfolio Segment
Debt Securities, Available-for-sale [Line Items]
Realized gain (loss)—investments			(2,900)
Unfunded Loan Commitment
Debt Securities, Available-for-sale [Line Items]
Carrying value, net of valuation allowance	23,000		23,000
Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 13,131,862		$ 13,131,862		$ 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			$ 103,000
Investment funds, unfunded commitments	$ 786,724		786,724
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	$ 382,000		$ 382,000		$ 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	Sep. 30, 2023	Dec. 31, 2022
Amortized Cost, net
Due in one year or less	$ 155,607
Due after one year through five years	1,149,496
Due after five years through ten years	1,818,217
Due after ten years through twenty years	8,160,666
Due after twenty years	7,499,521
Mortgage-backed and asset-backed securities	123,686
Fixed maturities, net of allowance for credit losses	18,907,193
Fair Value
Due in one year or less	154,933
Due after one year through five years	1,142,206
Due after five years through ten years	1,732,283
Due after ten years through twenty years	7,271,668
Due after twenty years	5,836,847
Mortgage-backed and asset-backed securities	122,097
Fixed maturities, fair value	$ 16,260,034	$ 16,503,365

Investments - Schedule of Analy

Investments - Schedule of Analysis of Investment Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net Investment Income [Line Items]
Investment income, gross	$ 271,444	$ 251,291	$ 798,013	$ 749,876
Percentage change in investment income, gross	8%		6%
Less investment expense	$ (4,518)	(4,580)	$ (12,738)	(13,559)
Percentage change in investment expense	(1.00%)		(6.00%)
Net investment income	$ 266,926	246,711	$ 785,275	736,317
Percentage change in net investment income	8%		7%
Investment distribution	$ 14,000	8,400	$ 37,200	27,700
Fixed maturities available for sale
Net Investment Income [Line Items]
Investment income, gross	$ 237,609	227,673	$ 704,095	679,710
Percentage change in investment income, gross	4%		4%
Policy loans
Net Investment Income [Line Items]
Investment income, gross	$ 12,446	11,716	$ 36,435	34,724
Percentage change in investment income, gross	6%		5%
Other long-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 19,993	10,933	$ 52,672	34,349
Percentage change in investment income, gross	83%		53%
Short-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 1,396	$ 969	$ 4,811	$ 1,093
Percentage change in investment income, gross

Investments - Schedule of Selec

Investments - Schedule of Selected Information about Sales of Fixed Maturities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Proceeds from sale	$ 46,210	$ 127,695	$ 192,034	$ 346,722
Gross realized gains	261	165	308	938
Gross realized losses	(67,018)	(11,537)	$ (77,879)	$ (56,384)
Unsettled trades	$ 27	$ 0

Investments - Schedule of Reali

Investments - Schedule of Realized Gain (Loss) on Investments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Sales and other	$ (66,767)	$ (12,256)	$ (77,730)	$ (30,128)
Provision for credit losses	65,008	0	(7,500)	387
Fair value option—change in fair value	868	(11,551)	7,954	(15,942)
Other investments	(1,302)	(5,348)	(1,687)	(21,162)
Realized gains (losses) from investments	(2,193)	(29,155)	(78,963)	(66,845)
Applicable tax	461	6,122	16,583	14,037
Realized gains (losses), net of tax	(1,732)	(23,033)	(62,380)	(52,808)
Exchanges of fixed maturities	21,100	$ 22,100	$ 39,000	$ 24,000
Securities sold with a provision for credit losses	$ 66,000

Investments - Schedule of Asset

Investments - Schedule of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 16,260,034	$ 16,503,365
Percentage of total	100%	100%
U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 339,644	$ 355,498
States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,636,889	2,309,911
Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	29,588	42,464
Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	13,131,862	13,666,064
Corporates \| Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,287,686	4,466,431
Corporates \| Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,821,073	1,835,147
Corporates \| Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,303,336	1,357,312
Corporates \| Other corporate sectors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	5,719,767	6,007,174
Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	41,685	50,364
Other asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	80,366	79,064
Quoted Prices in Active Markets for Identical Assets (Level 1)
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
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
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
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
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
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
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
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
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
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
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 15,782,898	$ 15,974,918
Percentage of total	97%	97%
Significant Other Observable Inputs (Level 2) \| U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 339,644	$ 355,498
Significant Other Observable Inputs (Level 2) \| States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,636,889	2,309,911
Significant Other Observable Inputs (Level 2) \| Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	29,588	42,464
Significant Other Observable Inputs (Level 2) \| Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	12,696,411	13,187,981
Significant Other Observable Inputs (Level 2) \| Corporates \| Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,164,257	4,332,495
Significant Other Observable Inputs (Level 2) \| Corporates \| Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,715,887	1,723,832
Significant Other Observable Inputs (Level 2) \| Corporates \| Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,293,028	1,346,212
Significant Other Observable Inputs (Level 2) \| Corporates \| Other corporate sectors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	5,523,239	5,785,442
Significant Other Observable Inputs (Level 2) \| Collateralized debt obligations
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
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	80,366	79,064
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 477,136	$ 528,447
Percentage of total	3%	3%	3%
Significant Unobservable Inputs (Level 3) \| U.S. Government direct, guaranteed, and government-sponsored enterprises
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
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) \| Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) \| Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 435,451	478,083
Percentage of total	3%		3%
Significant Unobservable Inputs (Level 3) \| Corporates \| Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 123,429	133,936
Significant Unobservable Inputs (Level 3) \| Corporates \| Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	105,186	111,315
Significant Unobservable Inputs (Level 3) \| Corporates \| Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	10,308	11,100
Significant Unobservable Inputs (Level 3) \| Corporates \| Other corporate sectors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	196,528	221,732
Significant Unobservable Inputs (Level 3) \| Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 41,685	50,364
Percentage of total	0%		0%
Significant Unobservable Inputs (Level 3) \| Other asset-backed securities
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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Percentage of total	100%		100%
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
Significant Unobservable Inputs (Level 3)
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	(24,392)	(127,688)
Acquisitions	0	0
Sales	0	0
Amortization	3,434	3,388
Other	(30,353)	(45,733)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 477,136	$ 535,160
Percentage of total	3%	3%	3%
Asset- backed Securities \| Significant Unobservable Inputs (Level 3)
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 \| Significant Unobservable Inputs (Level 3)
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	(8,424)	(13,163)
Acquisitions	0	0
Sales	0	0
Amortization	3,429	3,382
Other	(3,684)	(3,129)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 41,685	$ 50,595
Percentage of total	0%	0%
Corporates \| Significant Unobservable Inputs (Level 3)
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	(15,968)	(114,525)
Acquisitions	0	0
Sales	0	0
Amortization	5	6
Other	(26,669)	(42,604)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 435,451	$ 484,565
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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (24,392)	$ (127,688)
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	(8,424)	(13,163)
Corporates
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (15,968)	$ (114,525)

Investments - Schedule of Infor

Investments - Schedule of Information about Investments in Unrealized Loss Position (Details) - Issue	Sep. 30, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Less than Twelve Months	713	1,819
Twelve Months or Longer	1,640	157
Total	2,353	1,976

Investments - Schedule of Unr_2

Investments - Schedule of Unrealized Investment Losses by Class of Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	$ 4,485,419	$ 11,450,679
Unrealized Loss, Less than Twelve Months	(293,048)	(1,846,999)
Fair Value, Twelve Months or Longer	8,863,849	433,328
Unrealized Loss, Twelve Months or Longer	(2,454,521)	(190,295)
Fair Value	13,349,268	11,884,007
Unrealized Loss	(2,747,569)	(2,037,294)
Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	4,414,411	11,121,941
Unrealized Loss, Less than Twelve Months	(288,018)	(1,796,781)
Fair Value, Twelve Months or Longer	8,589,973	357,361
Unrealized Loss, Twelve Months or Longer	(2,377,911)	(158,773)
Fair Value	13,004,384	11,479,302
Unrealized Loss	(2,665,929)	(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	1,920	349,887
Unrealized Loss, Less than Twelve Months	(192)	(38,218)
Fair Value, Twelve Months or Longer	337,694	3,424
Unrealized Loss, Twelve Months or Longer	(55,546)	(750)
Fair Value	339,614	353,311
Unrealized Loss	(55,738)	(38,968)
Investment Grade \| States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	941,815	1,767,624
Unrealized Loss, Less than Twelve Months	(77,118)	(453,149)
Fair Value, Twelve Months or Longer	1,408,695	95,124
Unrealized Loss, Twelve Months or Longer	(619,673)	(52,298)
Fair Value	2,350,510	1,862,748
Unrealized Loss	(696,791)	(505,447)
Investment Grade \| Foreign governments
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,464	6,297
Unrealized Loss, Less than Twelve Months	(24)	(201)
Fair Value, Twelve Months or Longer	28,124	25,134
Unrealized Loss, Twelve Months or Longer	(12,473)	(12,505)
Fair Value	29,588	31,431
Unrealized Loss	(12,497)	(12,706)
Investment Grade \| Corporates
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	3,469,212	8,937,976
Unrealized Loss, Less than Twelve Months	(210,684)	(1,299,990)
Fair Value, Twelve Months or Longer	6,746,413	225,719
Unrealized Loss, Twelve Months or Longer	(1,684,370)	(90,785)
Fair Value	10,215,625	9,163,695
Unrealized Loss	(1,895,054)	(1,390,775)
Investment Grade \| Corporates \| Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,399,885	2,837,918
Unrealized Loss, Less than Twelve Months	(90,121)	(426,132)
Fair Value, Twelve Months or Longer	2,066,825	109,784
Unrealized Loss, Twelve Months or Longer	(533,152)	(42,173)
Fair Value	3,466,710	2,947,702
Unrealized Loss	(623,273)	(468,305)
Investment Grade \| Corporates \| Utilities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	693,321	1,088,219
Unrealized Loss, Less than Twelve Months	(36,324)	(116,272)
Fair Value, Twelve Months or Longer	649,894	21,636
Unrealized Loss, Twelve Months or Longer	(152,242)	(6,268)
Fair Value	1,343,215	1,109,855
Unrealized Loss	(188,566)	(122,540)
Investment Grade \| Corporates \| Energy
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	370,280	855,853
Unrealized Loss, Less than Twelve Months	(16,721)	(91,755)
Fair Value, Twelve Months or Longer	522,381	0
Unrealized Loss, Twelve Months or Longer	(108,746)	0
Fair Value	892,661	855,853
Unrealized Loss	(125,467)	(91,755)
Investment Grade \| Corporates \| Other corporate sectors
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,005,726	4,155,986
Unrealized Loss, Less than Twelve Months	(67,518)	(665,831)
Fair Value, Twelve Months or Longer	3,507,313	94,299
Unrealized Loss, Twelve Months or Longer	(890,230)	(42,344)
Fair Value	4,513,039	4,250,285
Unrealized Loss	(957,748)	(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	0	60,157
Unrealized Loss, Less than Twelve Months	0	(5,223)
Fair Value, Twelve Months or Longer	69,047	7,960
Unrealized Loss, Twelve Months or Longer	(5,849)	(2,435)
Fair Value	69,047	68,117
Unrealized Loss	(5,849)	(7,658)
Below Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	71,008	328,738
Unrealized Loss, Less than Twelve Months	(5,030)	(50,218)
Fair Value, Twelve Months or Longer	273,876	75,967
Unrealized Loss, Twelve Months or Longer	(76,610)	(31,522)
Fair Value	344,884	404,705
Unrealized Loss	(81,640)	(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	71,008	328,738
Unrealized Loss, Less than Twelve Months	(5,030)	(50,218)
Fair Value, Twelve Months or Longer	262,614	65,093
Unrealized Loss, Twelve Months or Longer	(76,027)	(29,904)
Fair Value	333,622	393,831
Unrealized Loss	(81,057)	(80,122)
Below Investment Grade \| Corporates \| Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	25,065	120,377
Unrealized Loss, Less than Twelve Months	(3,110)	(18,901)
Fair Value, Twelve Months or Longer	144,381	38,348
Unrealized Loss, Twelve Months or Longer	(46,423)	(17,283)
Fair Value	169,446	158,725
Unrealized Loss	(49,533)	(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	27,772	0
Unrealized Loss, Twelve Months or Longer	(2,335)	0
Fair Value	27,772	27,722
Unrealized Loss	(2,335)	(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	33,774	20,075
Unrealized Loss, Twelve Months or Longer	(10,896)	(7,986)
Fair Value	33,774	34,555
Unrealized Loss	(10,896)	(10,168)
Below Investment Grade \| Corporates \| Other corporate sectors
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	45,943	166,159
Unrealized Loss, Less than Twelve Months	(1,920)	(25,962)
Fair Value, Twelve Months or Longer	56,687	6,670
Unrealized Loss, Twelve Months or Longer	(16,373)	(4,635)
Fair Value	102,630	172,829
Unrealized Loss	(18,293)	(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	11,262	10,874
Unrealized Loss, Twelve Months or Longer	(583)	(1,618)
Fair Value	11,262	10,874
Unrealized Loss	$ (583)	$ (1,618)

Investments - Schedule of Fix_3

Investments - Schedule of Fixed Maturities, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 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	$ 7,500		7,500
Corporates
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	72,508	$ 0	0	$ 387
Additions to allowance for which credit losses were not previously recorded	0	0	72,508	0
Additions (reductions) to allowance for fixed maturities that previously had an allowance	(65,008)	0	(65,008)	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	$ 7,500	$ 0	$ 7,500	$ 0

Investments - Schedule of Other

Investments - Schedule of Other Long-Term Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 1,050,106	$ 976,016
Commercial mortgage loan participations
Long-Term Investment [Line Items]
Commercial mortgage loan participations	228,802	181,305
Other
Long-Term Investment [Line Items]
Commercial mortgage loan participations	39,094	26,022
Partnership Interest - Fair Value Option \| Investment funds
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 782,210	$ 768,689

Investments - Schedule of Inves

Investments - Schedule of Investment Funds (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Commercial mortgage loans
Alternative Investment [Line Items]
Investment funds, Fair Value	$ 419,120	$ 431,405
Investment funds, Unfunded Commitments	575,445
Opportunistic and private credit
Alternative Investment [Line Items]
Investment funds, Fair Value	162,202	158,524
Investment funds, Unfunded Commitments	135,000
Infrastructure
Alternative Investment [Line Items]
Investment funds, Fair Value	166,603	159,534
Investment funds, Unfunded Commitments	16,279
Other investments
Alternative Investment [Line Items]
Investment funds, Fair Value	34,285	19,226
Investment funds, Unfunded Commitments	60,000
Investment funds
Alternative Investment [Line Items]
Investment funds, Fair Value	782,210	$ 768,689
Investment funds, Unfunded Commitments	$ 786,724

Investments - Schedule of Comme

Investments - Schedule of Commercial Mortgage Loan Participations (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 231,790		$ 183,094
Carrying value, gross, percent	101%		101%
Less allowance for credit losses	$ (2,988)	$ (2,928)	$ (1,789)	$ (2,160)	$ (1,109)	$ (827)
Allowance for credit losses, percent	(1.00%)		(1.00%)
Carrying value, net of valuation allowance	$ 228,802		$ 181,305
Carrying value, net, percent	100%		100%
California
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 51,371		$ 64,477
Carrying value, gross, percent	22%		36%
Texas
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 45,775		$ 22,905
Carrying value, gross, percent	20%		13%
Florida
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 33,367		$ 33,182
Carrying value, gross, percent	15%		18%
New Jersey
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 25,090		$ 0
Carrying value, gross, percent	11%		0%
New York
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 20,278		$ 19,167
Carrying value, gross, percent	9%		11%
Washington
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 14,962		$ 14,925
Carrying value, gross, percent	6%		8%
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 40,947		$ 28,438
Carrying value, gross, percent	18%		15%
Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 99,265		$ 42,232
Carrying value, gross, percent	43%		23%
Mixed use
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 39,012		$ 62,375
Carrying value, gross, percent	17%		34%
Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 37,778		$ 27,248
Carrying value, gross, percent	17%		15%
Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 25,159		$ 27,796
Carrying value, gross, percent	11%		15%
Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 23,842		$ 15,342
Carrying value, gross, percent	10%		9%
Office
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 6,734		$ 8,101
Carrying value, gross, percent	3%		5%

Investments - Schedule of Com_2

Investments - Schedule of Commercial Mortgage Loan Participations Recorded Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 228,802		$ 181,305
Carrying value	231,790		183,094
Less allowance for credit losses	$ (2,988)	$ (2,928)	$ (1,789)	$ (2,160)	$ (1,109)	$ (827)
Carrying value, net of valuation allowance, percent	100%		100%
Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 215,211		$ 144,395
Carrying value, net of valuation allowance, percent	93%		79%
70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 0		$ 23,358
Carrying value, net of valuation allowance, percent	0%		13%
81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 9,544		$ 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	$ 42,413		$ 39,562
Less Than 1.00x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	26,987		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	8,391		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	151,455		130,276
1.00x-1.20x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	151,455		108,156
1.00x-1.20x \| 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		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	37,922		13,256
Greater Than 1.20x \| Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	36,769		12,018
Greater Than 1.20x \| 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		1,238
Greater Than 1.20x \| 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	1,153		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) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	$ 2,928	$ 1,109	$ 1,789	$ 827
Provision (reversal) for credit losses	60	1,051	1,199	1,333
Allowance for credit losses ending balance	$ 2,988	$ 2,160	$ 2,988	$ 2,160

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions	Sep. 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 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	$ 17,218,098	$ 17,585,172	$ 17,218,098	$ 17,585,172		$ 18,040,042
Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	12,042,720	12,129,478	11,748,528	14,082,538
Beginning balance	11,616,443	11,221,523	11,442,919	10,896,222
Effect of changes in assumptions on future cash flows					$ 64,032	64,032	$ 166,770	$ 166,770
Effect of actual variances from expected experience					(143,861)	(364,060)	(157,770)	(279,192)
Adjusted balance					11,536,614	11,142,891	11,230,523	10,783,800
Issuances	357,622	368,868	1,122,855	1,192,544
Interest accrual	143,082	130,949	420,389	389,538
Net premiums collected	(329,703)	(317,836)	(984,290)	(946,106)
Effect of changes in the foreign exchange rate	(6,401)	(14,371)	(631)	(21,643)
Ending balance	11,701,214	11,398,133	11,701,214	11,398,133
Effect of change from original to current discount rates	(206,573)	159,726	(206,573)	159,726
Ending balance	11,494,641	11,557,859	11,494,641	11,557,859
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	26,772,991	27,019,952	25,749,961	33,664,308
Beginning balance	24,092,695	22,956,889	23,564,337	22,374,930
Effect of changes in assumptions on future cash flows					65,568	65,568	226,626	226,626
Effect of actual variances from expected experience					(158,589)	(382,469)	(160,421)	(278,477)
Adjusted balance					23,999,674	23,247,436	23,023,094	22,323,079
Issuances	357,625	368,866	1,122,856	1,192,541
Interest accrual	325,470	303,550	960,647	901,713
Benefit payments	(305,221)	(318,805)	(967,828)	(1,023,970)
Effect of changes in the foreign exchange rate	(15,256)	(35,068)	(819)	(51,726)
Ending balance	24,362,292	23,341,637	24,362,292	23,341,637
Effect of changes in discount rate assumptions	544,968	1,790,322	544,968	1,790,322						9,057,475
Ending balance	24,907,260	25,131,959	24,907,260	25,131,959
Net liability for future policy benefits at original discount rates	12,661,078	11,943,504	12,661,078	11,943,504
Effect of changes in discount rate assumptions	751,541	1,630,596	751,541	1,630,596
Net liability for future policy benefits—long duration health	13,412,619	13,574,100	13,412,619	13,574,100					19,987,227	10,910,418
Other Adjustments	(29,521)	(31,724)	(29,521)	(31,724)
Net liability for future policy benefits, after other adjustments, at current discount rates	13,383,098	13,542,376	13,383,098	13,542,376					19,987,227
Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	5,346,643	5,510,459	5,207,422	6,418,018
Beginning balance	5,445,595	5,407,239	5,366,304	5,328,427
Effect of changes in assumptions on future cash flows					390,156	390,156	(223,591)	(223,591)
Effect of actual variances from expected experience					2,168	(96,127)	10,243	(92,396)
Adjusted balance					5,837,919	5,660,333	5,193,891	5,012,440
Issuances	180,243	161,354	509,496	491,716
Interest accrual	60,518	53,638	173,110	160,482
Net premiums collected	(134,993)	(129,052)	(399,639)	(384,000)
Effect of changes in the foreign exchange rate	(552)	(1,130)	(165)	(1,937)
Ending balance	5,943,135	5,278,701	5,943,135	5,278,701
Effect of change from original to current discount rates	(396,191)	(229,636)	(396,191)	(229,636)
Ending balance	5,546,944	5,049,065	5,546,944	5,049,065
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	7,621,433	7,822,239	7,394,349	9,353,001
Beginning balance	7,832,089	7,711,123	7,710,767	7,587,083
Effect of changes in assumptions on future cash flows					381,310	381,310	(233,911)	(233,911)
Effect of actual variances from expected experience					90	(99,008)	10,364	(96,019)
Adjusted balance					8,213,489	7,993,069	7,487,576	7,257,153
Issuances	179,879	161,438	508,524	491,723
Interest accrual	87,507	79,544	253,452	237,511
Benefit payments	(141,429)	(127,374)	(416,475)	(383,738)
Effect of changes in the foreign exchange rate	(1,093)	(2,462)	(217)	(3,927)
Ending balance	8,338,353	7,598,722	8,338,353	7,598,722
Effect of changes in discount rate assumptions	(700,857)	(431,917)	(700,857)	(431,917)						853,606
Ending balance	7,637,496	7,166,805	7,637,496	7,166,805
Net liability for future policy benefits at original discount rates	2,395,218	2,320,021	2,395,218	2,320,021
Effect of changes in discount rate assumptions	(304,666)	(202,281)	(304,666)	(202,281)
Net liability for future policy benefits—long duration health	2,090,552	2,117,740	2,090,552	2,117,740					2,998,631	2,115,002
Other Adjustments	13,223	7,056	13,223	7,056
Net liability for future policy benefits, after other adjustments, at current discount rates	2,103,775	2,124,796	2,103,775	2,124,796					2,998,631
American Income \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	4,472,847	4,379,496	4,273,156	4,925,192
Beginning balance	4,399,053	4,146,094	4,246,723	3,906,098
Effect of changes in assumptions on future cash flows					14,265	14,265	34,266	34,266
Effect of actual variances from expected experience					(34,571)	(103,922)	(58,998)	(76,338)
Adjusted balance					4,378,747	4,157,066	4,121,362	3,864,026
Issuances	181,823	176,042	557,844	596,320
Interest accrual	51,119	44,410	147,968	131,251
Net premiums collected	(131,329)	(123,636)	(388,288)	(366,147)
Effect of changes in the foreign exchange rate	(6,401)	(14,371)	(631)	(21,643)
Ending balance	4,473,959	4,203,807	4,473,959	4,203,807
Effect of change from original to current discount rates	(155,254)	(26,258)	(155,254)	(26,258)
Ending balance	4,318,705	4,177,549	4,318,705	4,177,549
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,668,207	9,512,271	9,119,104	11,773,519
Beginning balance	8,753,526	8,134,706	8,409,761	7,744,201
Effect of changes in assumptions on future cash flows					13,344	13,344	48,534	48,534
Effect of actual variances from expected experience					(36,998)	(109,386)	(64,348)	(81,429)
Adjusted balance					8,729,872	8,313,719	8,118,892	7,711,306
Issuances	181,822	176,044	557,844	596,320
Interest accrual	114,683	103,380	335,349	305,526
Benefit payments	(101,161)	(89,075)	(296,133)	(287,253)
Effect of changes in the foreign exchange rate	(15,256)	(35,068)	(819)	(51,726)
Ending balance	8,909,960	8,274,173	8,909,960	8,274,173
Effect of changes in discount rate assumptions	80,477	569,356	80,477	569,356						3,334,600
Ending balance	8,990,437	8,843,529	8,990,437	8,843,529
Net liability for future policy benefits at original discount rates	4,436,001	4,070,366	4,436,001	4,070,366
Effect of changes in discount rate assumptions	235,731	595,614	235,731	595,614
Net liability for future policy benefits—long duration health	4,671,732	4,665,980	4,671,732	4,665,980
Other Adjustments	367	851	367	851
Net liability for future policy benefits, after other adjustments, at current discount rates	4,672,099	4,666,831	4,672,099	4,666,831					6,875,917
American Income \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	201,844	193,536	190,296	222,553
Beginning balance	201,709	186,298	192,631	178,801
Effect of changes in assumptions on future cash flows					(6,061)	(6,061)	(17,911)	(17,911)
Effect of actual variances from expected experience					(2,394)	(7,643)	16,766	11,506
Adjusted balance					193,254	178,927	185,153	172,396
Issuances	9,880	9,545	30,667	29,970
Interest accrual	2,170	1,858	6,304	5,537
Net premiums collected	(5,630)	(5,282)	(16,611)	(15,822)
Effect of changes in the foreign exchange rate	(552)	(1,130)	(165)	(1,937)
Ending balance	199,122	190,144	199,122	190,144
Effect of change from original to current discount rates	(9,976)	(4,636)	(9,976)	(4,636)
Ending balance	189,146	185,508	189,146	185,508
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	328,579	321,968	312,750	380,915
Beginning balance	315,087	295,571	303,713	285,604
Effect of changes in assumptions on future cash flows					(6,407)	(6,407)	(21,559)	(21,559)
Effect of actual variances from expected experience					(2,662)	(8,680)	19,916	14,231
Adjusted balance					306,018	288,626	293,928	278,276
Issuances	9,880	9,547	30,667	29,970
Interest accrual	3,810	3,462	11,199	10,348
Benefit payments	(6,973)	(5,168)	(18,633)	(15,360)
Effect of changes in the foreign exchange rate	(1,093)	(2,462)	(217)	(3,927)
Ending balance	311,642	299,307	311,642	299,307
Effect of changes in discount rate assumptions	(5,601)	5,432	(5,601)	5,432						60,366
Ending balance	306,041	304,739	306,041	304,739
Net liability for future policy benefits at original discount rates	112,520	109,163	112,520	109,163
Effect of changes in discount rate assumptions	4,375	10,068	4,375	10,068
Net liability for future policy benefits—long duration health	116,895	119,231	116,895	119,231
Other Adjustments	993	56	993	56
Net liability for future policy benefits, after other adjustments, at current discount rates	117,888	119,287	117,888	119,287					162,364
Direct to Consumer \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	5,988,577	6,164,946	5,910,224	7,264,905
Beginning balance	5,700,354	5,616,356	5,680,864	5,533,741
Effect of changes in assumptions on future cash flows					36,170	36,170	79,571	79,571
Effect of actual variances from expected experience					(91,120)	(219,723)	(89,037)	(180,498)
Adjusted balance					5,645,404	5,497,311	5,606,890	5,432,814
Issuances	136,611	160,780	450,361	499,777
Interest accrual	72,515	68,476	214,988	204,334
Net premiums collected	(153,237)	(151,214)	(461,367)	(451,993)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	5,701,293	5,684,932	5,701,293	5,684,932
Effect of change from original to current discount rates	(31,118)	153,525	(31,118)	153,525
Ending balance	5,670,175	5,838,457	5,670,175	5,838,457
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,487,233	9,664,209	9,225,451	11,859,408
Beginning balance	8,592,897	8,294,768	8,477,892	8,157,259
Effect of changes in assumptions on future cash flows					34,407	34,407	104,910	104,910
Effect of actual variances from expected experience					(97,632)	(227,639)	(87,105)	(174,141)
Adjusted balance					8,529,672	8,284,660	8,312,573	8,088,028
Issuances	136,612	160,779	450,362	499,774
Interest accrual	115,547	108,681	342,208	323,432
Benefit payments	(136,994)	(146,981)	(432,393)	(476,182)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	8,644,837	8,435,052	8,644,837	8,435,052
Effect of changes in discount rate assumptions	228,607	609,256	228,607	609,256						2,195,430
Ending balance	8,873,444	9,044,308	8,873,444	9,044,308
Net liability for future policy benefits at original discount rates	2,943,544	2,750,120	2,943,544	2,750,120
Effect of changes in discount rate assumptions	259,725	455,731	259,725	455,731
Net liability for future policy benefits—long duration health	3,203,269	3,205,851	3,203,269	3,205,851
Other Adjustments	3,982	5,271	3,982	5,271
Net liability for future policy benefits, after other adjustments, at current discount rates	3,207,251	3,211,122	3,207,251	3,211,122					4,704,555
Direct to Consumer \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	89,674	102,433	90,143	121,724
Beginning balance	86,840	94,752	87,751	96,776
Effect of changes in assumptions on future cash flows					16,553	16,553	(9,035)	(9,035)
Effect of actual variances from expected experience					229	(1,666)	294	(1,249)
Adjusted balance					103,622	102,638	86,011	86,492
Issuances	2,317	1,260	6,532	3,582
Interest accrual	1,160	1,134	3,278	3,487
Net premiums collected	(2,679)	(2,624)	(8,028)	(7,780)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	104,420	85,781	104,420	85,781
Effect of change from original to current discount rates	(1,254)	1,672	(1,254)	1,672
Ending balance	103,166	87,453	103,166	87,453
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	85,856	99,484	87,532	119,888
Beginning balance	83,188	92,143	85,212	95,628
Effect of changes in assumptions on future cash flows					15,930	15,930	(8,270)	(8,270)
Effect of actual variances from expected experience					(95)	(1,925)	191	(1,425)
Adjusted balance					99,023	99,217	84,064	85,933
Issuances	2,310	1,257	6,518	3,567
Interest accrual	1,160	1,134	3,278	3,487
Benefit payments	(2,982)	(2,822)	(9,502)	(9,354)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	99,511	83,633	99,511	83,633
Effect of changes in discount rate assumptions	(1,111)	1,648	(1,111)	1,648						346
Ending balance	98,400	85,281	98,400	85,281
Net liability for future policy benefits at original discount rates	(4,909)	(2,148)	(4,909)	(2,148)
Effect of changes in discount rate assumptions	143	(24)	143	(24)
Net liability for future policy benefits—long duration health	(4,766)	(2,172)	(4,766)	(2,172)
Other Adjustments	5,530	3,232	5,530	3,232
Net liability for future policy benefits, after other adjustments, at current discount rates	764	1,060	764	1,060					1,598
Liberty National \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,110,017	1,123,072	1,094,407	1,332,469
Beginning balance	1,071,561	1,042,155	1,066,123	1,040,242
Effect of changes in assumptions on future cash flows					5,178	5,178	17,719	17,719
Effect of actual variances from expected experience					(10,938)	(26,533)	(5,994)	(15,119)
Adjusted balance					1,065,801	1,044,768	1,053,880	1,042,842
Issuances	32,045	24,493	92,894	73,299
Interest accrual	13,707	12,793	40,362	38,378
Net premiums collected	(33,622)	(31,985)	(100,093)	(95,338)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,077,931	1,059,181	1,077,931	1,059,181
Effect of change from original to current discount rates	(18,702)	17,403	(18,702)	17,403
Ending balance	1,059,229	1,076,584	1,059,229	1,076,584
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,507,845	3,622,642	3,429,256	4,542,697
Beginning balance	3,297,781	3,215,311	3,272,980	3,206,164
Effect of changes in assumptions on future cash flows					6,156	6,156	33,457	33,457
Effect of actual variances from expected experience					(14,364)	(27,482)	(5,116)	(14,582)
Adjusted balance					3,289,573	3,251,654	3,243,652	3,225,039
Issuances	32,046	24,493	92,894	73,299
Interest accrual	43,991	42,392	130,712	126,814
Benefit payments	(43,644)	(53,887)	(153,294)	(168,502)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,321,966	3,256,650	3,321,966	3,256,650
Effect of changes in discount rate assumptions	(46,234)	108,603	(46,234)	108,603						1,229,610
Ending balance	3,275,732	3,365,253	3,275,732	3,365,253
Net liability for future policy benefits at original discount rates	2,244,035	2,197,469	2,244,035	2,197,469
Effect of changes in discount rate assumptions	(27,532)	91,200	(27,532)	91,200
Net liability for future policy benefits—long duration health	2,216,503	2,288,669	2,216,503	2,288,669
Other Adjustments	(1,389)	(4,056)	(1,389)	(4,056)
Net liability for future policy benefits, after other adjustments, at current discount rates	2,215,114	2,284,613	2,215,114	2,284,613					3,372,114
Liberty National \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	409,551	425,277	423,490	517,368
Beginning balance	400,180	396,741	415,442	414,409
Effect of changes in assumptions on future cash flows					(56,964)	(56,964)	19,846	19,846
Effect of actual variances from expected experience					(2,692)	(30,526)	(7,101)	(31,290)
Adjusted balance					340,524	327,952	409,486	402,965
Issuances	15,183	13,220	43,373	35,831
Interest accrual	4,380	4,719	14,047	14,312
Net premiums collected	(13,037)	(12,905)	(38,322)	(38,588)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	347,050	414,520	347,050	414,520
Effect of change from original to current discount rates	(8,372)	3,658	(8,372)	3,658
Ending balance	338,678	418,178	338,678	418,178
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	923,148	985,214	941,574	1,201,317
Beginning balance	880,879	896,137	904,865	921,608
Effect of changes in assumptions on future cash flows					(60,437)	(60,437)	18,065	18,065
Effect of actual variances from expected experience					(2,563)	(29,581)	(8,476)	(32,395)
Adjusted balance					817,879	814,847	905,726	907,278
Issuances	14,963	13,379	42,863	36,171
Interest accrual	11,173	11,836	34,699	35,871
Benefit payments	(25,220)	(23,273)	(73,614)	(71,652)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	818,795	907,668	818,795	907,668
Effect of changes in discount rate assumptions	(4,792)	26,139	(4,792)	26,139						219,992
Ending balance	814,003	933,807	814,003	933,807
Net liability for future policy benefits at original discount rates	471,745	493,148	471,745	493,148
Effect of changes in discount rate assumptions	3,580	22,481	3,580	22,481
Net liability for future policy benefits—long duration health	475,325	515,629	475,325	515,629
Other Adjustments	7,043	3,354	7,043	3,354
Net liability for future policy benefits, after other adjustments, at current discount rates	482,368	518,983	482,368	518,983					740,628
Other \| Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	471,279	461,964	470,741	559,972
Beginning balance	445,475	416,918	449,209	416,141
Effect of changes in assumptions on future cash flows					8,419	8,419	35,214	35,214
Effect of actual variances from expected experience					(7,232)	(13,882)	(3,741)	(7,237)
Adjusted balance					446,662	443,746	448,391	444,118
Issuances	7,143	7,553	21,756	23,148
Interest accrual	5,741	5,270	17,071	15,575
Net premiums collected	(11,515)	(11,001)	(34,542)	(32,628)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	448,031	450,213	448,031	450,213
Effect of change from original to current discount rates	(1,499)	15,056	(1,499)	15,056
Ending balance	446,532	465,269	446,532	465,269
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	4,109,706	4,220,830	3,976,150	5,488,684
Beginning balance	3,448,491	3,312,104	3,403,704	3,267,306
Effect of changes in assumptions on future cash flows					11,661	11,661	39,725	39,725
Effect of actual variances from expected experience					(9,595)	(17,962)	(3,852)	(8,325)
Adjusted balance					3,450,557	3,397,403	3,347,977	3,298,706
Issuances	7,145	7,550	21,756	23,148
Interest accrual	51,249	49,097	152,378	145,941
Benefit payments	(23,422)	(28,862)	(86,008)	(92,033)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,485,529	3,375,762	3,485,529	3,375,762
Effect of changes in discount rate assumptions	282,118	503,107	282,118	503,107
Ending balance	3,767,647	3,878,869	3,767,647	3,878,869
Net liability for future policy benefits at original discount rates	3,037,498	2,925,549	3,037,498	2,925,549
Effect of changes in discount rate assumptions	283,617	488,051	283,617	488,051
Net liability for future policy benefits—long duration health	3,321,115	3,413,600	3,321,115	3,413,600
Other Adjustments	(32,481)	(33,790)	(32,481)	(33,790)
Net liability for future policy benefits, after other adjustments, at current discount rates	3,288,634	3,379,810	3,288,634	3,379,810
United American \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	2,984,554	3,138,706	2,908,501	3,611,659
Beginning balance	2,985,660	3,022,654	2,941,261	2,949,851
Effect of changes in assumptions on future cash flows					466,883	466,883	(195,560)	(195,560)
Effect of actual variances from expected experience					22,683	(6,240)	13,731	(22,004)
Adjusted balance					3,475,226	3,401,904	2,840,825	2,732,287
Issuances	82,647	71,806	226,363	246,877
Interest accrual	35,536	30,794	99,390	91,999
Net premiums collected	(68,421)	(65,071)	(202,669)	(192,809)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,524,988	2,878,354	3,524,988	2,878,354
Effect of change from original to current discount rates	(183,608)	(72,237)	(183,608)	(72,237)
Ending balance	3,341,380	2,806,117	3,341,380	2,806,117
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,116,389	3,285,696	3,046,829	3,810,559
Beginning balance	3,116,768	3,160,028	3,080,633	3,090,901
Effect of changes in assumptions on future cash flows					464,652	464,652	(194,936)	(194,936)
Effect of actual variances from expected experience					22,410	(5,530)	13,347	(24,710)
Adjusted balance					3,603,830	3,539,755	2,978,439	2,871,255
Issuances	82,511	71,731	225,915	246,559
Interest accrual	37,340	32,729	104,932	97,837
Benefit payments	(74,832)	(65,261)	(221,753)	(198,013)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,648,849	3,017,638	3,648,849	3,017,638
Effect of changes in discount rate assumptions	(191,041)	(75,810)	(191,041)	(75,810)						75,652
Ending balance	3,457,808	2,941,828	3,457,808	2,941,828
Net liability for future policy benefits at original discount rates	123,861	139,284	123,861	139,284
Effect of changes in discount rate assumptions	(7,433)	(3,573)	(7,433)	(3,573)
Net liability for future policy benefits—long duration health	116,428	135,711	116,428	135,711
Other Adjustments	4,374	(169)	4,374	(169)
Net liability for future policy benefits, after other adjustments, at current discount rates	120,802	135,542	120,802	135,542					213,663
Family Heritage \| Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,661,020	1,650,507	1,594,992	1,944,714
Beginning balance	1,771,206	1,706,794	1,729,219	1,688,590
Effect of changes in assumptions on future cash flows					(30,255)	(30,255)	(20,931)	(20,931)
Effect of actual variances from expected experience					(15,658)	(50,052)	(13,447)	(49,359)
Adjusted balance					1,725,293	1,648,912	1,672,416	1,618,300
Issuances	70,216	65,523	202,561	175,456
Interest accrual	17,272	15,133	50,091	45,147
Net premiums collected	(45,226)	(43,170)	(134,009)	(129,001)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,767,555	1,709,902	1,767,555	1,709,902
Effect of change from original to current discount rates	(192,981)	(158,093)	(192,981)	(158,093)
Ending balance	1,574,574	1,551,809	1,574,574	1,551,809
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,167,461	3,129,877	3,005,664	3,840,322
Beginning balance	3,436,167	3,267,244	3,336,344	3,193,342
Effect of changes in assumptions on future cash flows					(32,428)	(32,428)	(27,211)	(27,211)
Effect of actual variances from expected experience					(17,000)	(53,292)	(14,614)	(51,720)
Adjusted balance					$ 3,386,739	$ 3,250,624	$ 3,225,419	$ 3,114,411
Issuances	70,215	65,524	202,561	175,456
Interest accrual	34,024	30,383	99,344	89,968
Benefit payments	(31,422)	(30,850)	(92,973)	(89,359)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,459,556	3,290,476	3,459,556	3,290,476
Effect of changes in discount rate assumptions	(498,312)	(389,326)	(498,312)	(389,326)						$ 497,250
Ending balance	2,961,244	2,901,150	2,961,244	2,901,150
Net liability for future policy benefits at original discount rates	1,692,001	1,580,574	1,692,001	1,580,574
Effect of changes in discount rate assumptions	(305,331)	(231,233)	(305,331)	(231,233)
Net liability for future policy benefits—long duration health	1,386,670	1,349,341	1,386,670	1,349,341
Other Adjustments	(4,717)	583	(4,717)	583
Net liability for future policy benefits, after other adjustments, at current discount rates	$ 1,381,953	$ 1,349,924	$ 1,381,953	$ 1,349,924					$ 1,880,378

Policy Liabilities - Additional

Policy Liabilities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Liability for Future Policy Benefit, Activity [Line Items]
Change in assumptions of lapse, mortality, and morbidity, remeasurement gain (loss)	$ 3,200	$ (36,500)	$ 3,200	$ (36,500)
Change in expected experience, remeasurement gain (loss)	15,900	1,000	21,600	1,000
Life
Liability for Future Policy Benefit, Activity [Line Items]
Change in assumptions of lapse, mortality, and morbidity, remeasurement gain (loss)	(2,000)	(47,200)
Change in expected experience, remeasurement gain (loss)			18,500	(2,100)
Effect of actual variances from expected experience					$ (158,589)	$ (382,469)	$ (160,421)	$ (278,477)
PV of expected future gross premiums	26,790,615	26,584,461	26,790,615	26,584,461
PV of expected future net premiums	11,494,641	11,557,859	11,494,641	11,557,859	12,042,720	11,748,528	12,129,478	14,082,538
Health
Liability for Future Policy Benefit, Activity [Line Items]
Change in assumptions of lapse, mortality, and morbidity, remeasurement gain (loss)	5,200	10,700
Change in expected experience, remeasurement gain (loss)			3,100	3,100
Effect of actual variances from expected experience					90	(99,008)	10,364	(96,019)
PV of expected future gross premiums	10,812,872	10,038,696	10,812,872	10,038,696
PV of expected future net premiums	$ 5,546,944	$ 5,049,065	$ 5,546,944	$ 5,049,065	$ 5,346,643	$ 5,207,422	$ 5,510,459	$ 6,418,018

Policy Liabilities - Schedule_2

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jan. 01, 2021
At Original Discount Rates
Deferred profit liability	$ 173,520		$ 176,296
Deferred annuity	813,275		991,687
Interest sensitive life	735,025		740,513
Other	9,400		9,503
Total future policy benefits	16,757,558	$ 16,306,870	16,138,874
At Current Discount Rates
Deferred profit liability	173,520		176,296
Deferred annuity	813,275		991,687
Interest sensitive life	735,025		740,513
Other	9,405		9,504
Net liability for future policy benefits, after other adjustments, at current discount rates	17,218,098	$ 18,040,042	17,585,172
Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	12,626,672		11,906,692
At Current Discount Rates
Net liability for future policy benefits—long duration health	13,383,098		13,542,376
Net liability for future policy benefits, after other adjustments, at current discount rates	13,383,098		13,542,376	$ 19,987,227
Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,399,666		2,314,183
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,103,775		2,124,796
Net liability for future policy benefits, after other adjustments, at current discount rates	2,103,775		2,124,796	2,998,631
American Income \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	4,435,901		4,070,359
At Current Discount Rates
Net liability for future policy benefits—long duration health	4,672,099		4,666,831
Net liability for future policy benefits, after other adjustments, at current discount rates	4,672,099		4,666,831	6,875,917
American Income \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	113,340		109,217
At Current Discount Rates
Net liability for future policy benefits—long duration health	117,888		119,287
Net liability for future policy benefits, after other adjustments, at current discount rates	117,888		119,287	162,364
Direct to Consumer \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,943,544		2,750,122
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,207,251		3,211,122
Net liability for future policy benefits, after other adjustments, at current discount rates	3,207,251		3,211,122	4,704,555
Direct to Consumer \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	752		1,024
At Current Discount Rates
Net liability for future policy benefits—long duration health	764		1,060
Net liability for future policy benefits, after other adjustments, at current discount rates	764		1,060	1,598
Liberty National \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,236,374		2,186,063
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,215,114		2,284,613
Net liability for future policy benefits, after other adjustments, at current discount rates	2,215,114		2,284,613	3,372,114
Liberty National \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	478,078		495,628
At Current Discount Rates
Net liability for future policy benefits—long duration health	482,368		518,983
Net liability for future policy benefits, after other adjustments, at current discount rates	482,368		518,983	740,628
Other \| Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	3,010,853		2,900,148
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,288,634		3,379,810
Net liability for future policy benefits, after other adjustments, at current discount rates	3,288,634		3,379,810
United American \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	126,105		137,231
At Current Discount Rates
Net liability for future policy benefits—long duration health	120,802		135,542
Net liability for future policy benefits, after other adjustments, at current discount rates	120,802		135,542	213,663
Family Heritage \| Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	1,681,391		1,571,083
At Current Discount Rates
Net liability for future policy benefits—long duration health	1,381,953		1,349,924
Net liability for future policy benefits, after other adjustments, at current discount rates	$ 1,381,953		$ 1,349,924	$ 1,880,378

Policy Liabilities - Schedule_3

Policy Liabilities - Schedule of Weighted Average Interest Rate of Liability For Future Policy Benefits (Details)	Sep. 30, 2023	Sep. 30, 2022
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.70%	5.80%
Weighted average current discount rate	5.60%	5.20%
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	5.60%	5.20%
DTC \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6%	6%
Weighted average current discount rate	5.60%	5.30%
DTC \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.20%	5.20%
Weighted average current discount rate	5.50%	5.10%
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	5.70%	5.30%
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	5.70%	5.30%
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6.20%	6.20%
Weighted average current discount rate	5.70%	5.30%
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.20%	5.20%
Weighted average current discount rate	5.50%	5.10%
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	5.70%	5.30%

Policy Liabilities - Schedule_4

Policy Liabilities - Schedule of Weighted Average Duration of Liability For Future Policy Benefits (Details)	Sep. 30, 2023	Sep. 30, 2022
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	23 years 29 days	22 years 10 months 28 days
At current discount rates	23 years 3 months 14 days	23 years 4 months 13 days
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	12 years 1 month 20 days	12 years 1 month 20 days
At current discount rates	12 years 2 months 12 days	12 years 6 months 21 days
DTC \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	19 years 8 months 23 days	20 years 4 months 24 days
At current discount rates	21 years	21 years 11 months 19 days
DTC \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 4 months 24 days	11 years 4 months 20 days
At current discount rates	10 years 4 months 2 days	10 years 7 months 24 days
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	15 years 1 month 13 days	14 years 9 months 25 days
At current discount rates	15 years 2 months 12 days	15 years 3 months 21 days
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	9 years 1 month 9 days	9 years 2 months 12 days
At current discount rates	8 years 11 months 19 days	9 years 4 months 6 days
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	16 years 4 months 2 days	16 years 7 months 24 days
At current discount rates	17 years 5 months 1 day	18 years 2 months 19 days
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 4 months 24 days	11 years 4 months 20 days
At current discount rates	10 years 4 months 2 days	10 years 7 months 24 days
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	14 years 10 months 24 days	14 years 10 months 24 days
At current discount rates	13 years 9 months 21 days	14 years 2 months 19 days

Policy Liabilities - Schedule_5

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 783,289	$ 753,846	$ 2,328,098	$ 2,249,906
Interest expense	181,703	172,005	538,177	510,449
Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	278,665	264,551	828,429	789,898
Interest expense	26,779	25,716	79,712	76,482
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	399,794	377,859	1,181,247	1,122,987
Interest expense	63,565	58,970	187,381	174,275
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	28,528	27,939	84,863	83,880
Interest expense	1,640	1,605	4,896	4,811
Direct to Consumer \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	244,931	243,021	735,374	729,950
Interest expense	42,978	40,161	127,040	118,995
Direct to Consumer \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	3,583	3,580	10,680	10,710
Interest expense	0	0	0	0
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	87,071	81,007	256,641	240,460
Interest expense	30,095	29,469	89,765	88,061
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	46,441	45,721	139,875	139,818
Interest expense	6,766	7,092	20,567	21,490
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	51,493	51,959	154,836	156,509
Interest expense	45,065	43,405	133,991	129,118
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	100,285	95,178	298,964	283,059
Interest expense	1,741	1,874	5,345	5,665
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	99,828	92,133	294,047	272,431
Interest expense	$ 16,632	$ 15,145	$ 48,904	$ 44,516

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	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	$ 49,904,850			$ 47,921,243
PV of expected future gross premiums, At original discount rates	27,294,726			26,239,022
PV of expected future gross premiums, At current discount rates	26,790,615			26,584,461
PV of expected future net premiums, Not discounted	21,583,806			20,976,210
PV of expected future net premiums, At original discount rates	11,701,214	$ 11,616,443	$ 11,442,919	11,398,133	$ 11,221,523	$ 10,896,222
PV of expected future net premiums, At current discount rates	11,494,641	12,042,720	11,748,528	11,557,859	12,129,478	14,082,538
PV of expected future policy benefits, Not discounted	77,173,809			74,017,252
PV of expected future policy benefits, At original discount rates	24,362,292	24,092,695	23,564,337	23,341,637	22,956,889	22,374,930
PV of expected future policy benefits, At current discount rates	24,907,260	26,772,991	25,749,961	25,131,959	27,019,952	33,664,308
Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	19,144,817			17,061,461
PV of expected future gross premiums, At original discount rates	11,521,032			10,423,027
PV of expected future gross premiums, At current discount rates	10,812,872			10,038,696
PV of expected future net premiums, Not discounted	9,797,821			8,533,551
PV of expected future net premiums, At original discount rates	5,943,135	5,445,595	5,366,304	5,278,701	5,407,239	5,328,427
PV of expected future net premiums, At current discount rates	5,546,944	5,346,643	5,207,422	5,049,065	5,510,459	6,418,018
PV of expected future policy benefits, Not discounted	14,749,901			13,300,684
PV of expected future policy benefits, At original discount rates	8,338,353	7,832,089	7,710,767	7,598,722	7,711,123	7,587,083
PV of expected future policy benefits, At current discount rates	7,637,496	7,621,433	7,394,349	7,166,805	7,822,239	9,353,001
American Income \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	23,974,963			22,410,479
PV of expected future gross premiums, At original discount rates	13,530,015			12,703,160
PV of expected future gross premiums, At current discount rates	13,147,003			12,721,890
PV of expected future net premiums, Not discounted	7,912,903			7,394,076
PV of expected future net premiums, At original discount rates	4,473,959	4,399,053	4,246,723	4,203,807	4,146,094	3,906,098
PV of expected future net premiums, At current discount rates	4,318,705	4,472,847	4,273,156	4,177,549	4,379,496	4,925,192
PV of expected future policy benefits, Not discounted	30,182,319			27,877,017
PV of expected future policy benefits, At original discount rates	8,909,960	8,753,526	8,409,761	8,274,173	8,134,706	7,744,201
PV of expected future policy benefits, At current discount rates	8,990,437	9,668,207	9,119,104	8,843,529	9,512,271	11,773,519
American Income \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	1,755,682			1,738,642
PV of expected future gross premiums, At original discount rates	984,122			971,620
PV of expected future gross premiums, At current discount rates	969,090			987,597
PV of expected future net premiums, Not discounted	354,120			337,734
PV of expected future net premiums, At original discount rates	199,122	201,709	192,631	190,144	186,298	178,801
PV of expected future net premiums, At current discount rates	189,146	201,844	190,296	185,508	193,536	222,553
PV of expected future policy benefits, Not discounted	632,349			609,213
PV of expected future policy benefits, At original discount rates	311,642	315,087	303,713	299,307	295,571	285,604
PV of expected future policy benefits, At current discount rates	306,041	328,579	312,750	304,739	321,968	380,915
Direct to Consumer \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	17,575,618			17,335,350
PV of expected future gross premiums, At original discount rates	9,182,146			9,078,493
PV of expected future gross premiums, At current discount rates	9,112,202			9,301,184
PV of expected future net premiums, Not discounted	10,850,664			10,780,312
PV of expected future net premiums, At original discount rates	5,701,293	5,700,354	5,680,864	5,684,932	5,616,356	5,533,741
PV of expected future net premiums, At current discount rates	5,670,175	5,988,577	5,910,224	5,838,457	6,164,946	7,264,905
PV of expected future policy benefits, Not discounted	25,711,499			25,253,094
PV of expected future policy benefits, At original discount rates	8,644,837	8,592,897	8,477,892	8,435,052	8,294,768	8,157,259
PV of expected future policy benefits, At current discount rates	8,873,444	9,487,233	9,225,451	9,044,308	9,664,209	11,859,408
Direct to Consumer \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	224,522			173,045
PV of expected future gross premiums, At original discount rates	141,374			113,484
PV of expected future gross premiums, At current discount rates	139,748			115,727
PV of expected future net premiums, Not discounted	166,099			130,993
PV of expected future net premiums, At original discount rates	104,420	86,840	87,751	85,781	94,752	96,776
PV of expected future net premiums, At current discount rates	103,166	89,674	90,143	87,453	102,433	121,724
PV of expected future policy benefits, Not discounted	154,931			125,591
PV of expected future policy benefits, At original discount rates	99,511	83,188	85,212	83,633	92,143	95,628
PV of expected future policy benefits, At current discount rates	98,400	85,856	87,532	85,281	99,484	119,888
Liberty National \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	4,601,176			4,343,332
PV of expected future gross premiums, At original discount rates	2,681,034			2,525,305
PV of expected future gross premiums, At current discount rates	2,577,877			2,505,580
PV of expected future net premiums, Not discounted	1,901,039			1,876,758
PV of expected future net premiums, At original discount rates	1,077,931	1,071,561	1,066,123	1,059,181	1,042,155	1,040,242
PV of expected future net premiums, At current discount rates	1,059,229	1,110,017	1,094,407	1,076,584	1,123,072	1,332,469
PV of expected future policy benefits, Not discounted	8,852,345			8,553,973
PV of expected future policy benefits, At original discount rates	3,321,966	3,297,781	3,272,980	3,256,650	3,215,311	3,206,164
PV of expected future policy benefits, At current discount rates	3,275,732	3,507,845	3,429,256	3,365,253	3,622,642	4,542,697
Liberty National \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	2,084,428			2,268,736
PV of expected future gross premiums, At original discount rates	1,321,438			1,413,365
PV of expected future gross premiums, At current discount rates	1,308,898			1,439,069
PV of expected future net premiums, Not discounted	515,612			654,018
PV of expected future net premiums, At original discount rates	347,050	400,180	415,442	414,520	396,741	414,409
PV of expected future net premiums, At current discount rates	338,678	409,551	423,490	418,178	425,277	517,368
PV of expected future policy benefits, Not discounted	1,414,512			1,606,868
PV of expected future policy benefits, At original discount rates	818,795	880,879	904,865	907,668	896,137	921,608
PV of expected future policy benefits, At current discount rates	814,003	923,148	941,574	933,807	985,214	1,201,317
Other \| Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	3,753,093			3,832,082
PV of expected future gross premiums, At original discount rates	1,901,531			1,932,064
PV of expected future gross premiums, At current discount rates	1,953,533			2,055,807
PV of expected future net premiums, Not discounted	919,200			925,064
PV of expected future net premiums, At original discount rates	448,031	445,475	449,209	450,213	416,918	416,141
PV of expected future net premiums, At current discount rates	446,532	471,279	470,741	465,269	461,964	559,972
PV of expected future policy benefits, Not discounted	12,427,646			12,333,168
PV of expected future policy benefits, At original discount rates	3,485,529	3,448,491	3,403,704	3,375,762	3,312,104	3,267,306
PV of expected future policy benefits, At current discount rates	3,767,647	4,109,706	3,976,150	3,878,869	4,220,830	5,488,684
United American \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	8,442,713			6,659,804
PV of expected future gross premiums, At original discount rates	5,141,771			4,191,787
PV of expected future gross premiums, At current discount rates	4,871,878			4,082,931
PV of expected future net premiums, Not discounted	5,799,017			4,586,540
PV of expected future net premiums, At original discount rates	3,524,988	2,985,660	2,941,261	2,878,354	3,022,654	2,949,851
PV of expected future net premiums, At current discount rates	3,341,380	2,984,554	2,908,501	2,806,117	3,138,706	3,611,659
PV of expected future policy benefits, Not discounted	5,998,770			4,818,514
PV of expected future policy benefits, At original discount rates	3,648,849	3,116,768	3,080,633	3,017,638	3,160,028	3,090,901
PV of expected future policy benefits, At current discount rates	3,457,808	3,116,389	3,046,829	2,941,828	3,285,696	3,810,559
Family Heritage \| Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	6,637,472			6,221,234
PV of expected future gross premiums, At original discount rates	3,932,327			3,732,771
PV of expected future gross premiums, At current discount rates	3,523,258			3,413,372
PV of expected future net premiums, Not discounted	2,962,973			2,824,266
PV of expected future net premiums, At original discount rates	1,767,555	1,771,206	1,729,219	1,709,902	1,706,794	1,688,590
PV of expected future net premiums, At current discount rates	1,574,574	1,661,020	1,594,992	1,551,809	1,650,507	1,944,714
PV of expected future policy benefits, Not discounted	6,549,339			6,140,498
PV of expected future policy benefits, At original discount rates	3,459,556	3,436,167	3,336,344	3,290,476	3,267,244	3,193,342
PV of expected future policy benefits, At current discount rates	$ 2,961,244	$ 3,167,461	$ 3,005,664	$ 2,901,150	$ 3,129,877	$ 3,840,322

Policy Liabilities - Schedule_7

Policy Liabilities - Schedule of Policyholder Account Balance (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest Sensitive Life
Policyholder Account Balance [Roll Forward]
Beginning Balance	$ 736,920,000	$ 742,293,000	$ 739,105,000	$ 745,335,000
Issuances	0	0	0	0
Premiums received	5,398,000	5,746,000	17,062,000	18,133,000
Policy charges	(3,213,000)	(3,373,000)	(9,729,000)	(10,247,000)
Surrenders and withdrawals	(5,582,000)	(5,955,000)	(16,204,000)	(16,708,000)
Benefit payments	(7,258,000)	(7,552,000)	(22,753,000)	(25,913,000)
Interest credited	7,083,000	7,110,000	21,274,000	21,475,000
Other	1,677,000	2,244,000	6,270,000	8,438,000
Ending Balance	$ 735,025,000	$ 740,513,000	$ 735,025,000	$ 740,513,000
Weighted-average credit rate	3.91%	3.89%	3.91%	3.89%
Net amount at risk	$ 1,793,787,000	$ 1,899,046,000	$ 1,793,787,000	$ 1,899,046,000
Cash surrender value	673,814,000	690,020,000	673,814,000	690,020,000
Deferred Annuity
Policyholder Account Balance [Roll Forward]
Beginning Balance	853,064,000	1,015,804,000	954,318,000	1,033,525,000
Issuances	231,000	338,000	602,000	1,031,000
Premiums received	2,439,000	4,824,000	10,543,000	18,898,000
Policy charges	0	0	0	0
Surrenders and withdrawals	(37,905,000)	(26,148,000)	(125,176,000)	(52,264,000)
Benefit payments	(11,047,000)	(11,232,000)	(48,459,000)	(34,684,000)
Interest credited	6,863,000	8,112,000	21,608,000	24,702,000
Other	(370,000)	(11,000)	(161,000)	479,000
Ending Balance	$ 813,275,000	$ 991,687,000	$ 813,275,000	$ 991,687,000
Weighted-average credit rate	3.34%	3.27%	3.34%	3.27%
Cash surrender value	$ 813,276,000	$ 991,600,000	$ 813,276,000	$ 991,600,000
Other Policyholders' Funds
Policyholder Account Balance [Roll Forward]
Beginning Balance	187,873,000	100,234,000	123,234,000	99,468,000
Issuances	0	0	0	0
Premiums received	31,704,000	4,797,000	100,113,000	8,689,000
Policy charges	0	0	0	0
Surrenders and withdrawals	(2,782,000)	(3,059,000)	(9,106,000)	(8,701,000)
Benefit payments	0	0	0	0
Interest credited	2,825,000	1,264,000	6,164,000	3,522,000
Other	(1,410,000)	(186,000)	(2,195,000)	72,000
Ending Balance	$ 218,210,000	$ 103,050,000	$ 218,210,000	$ 103,050,000
Weighted-average credit rate	5.68%	5.07%	5.68%	5.07%
Cash surrender value	$ 218,210,000	$ 103,049,000	$ 218,210,000	$ 103,049,000

Policy Liabilities - Schedule_8

Policy Liabilities - Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate (Details) $ in Thousands	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 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	$ 735,025	$ 736,920	$ 739,105	$ 740,513	$ 742,293	$ 745,335
Interest Sensitive Life \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	735,025			740,513
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	$ 29,018			$ 28,776
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	$ 615,835			$ 622,316
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	$ 90,172			$ 89,421
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	813,275	853,064	954,318	991,687	1,015,804	1,033,525
Deferred Annuity \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	813,275			991,687
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	2,011			2,104
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	610,785			778,673
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	199,724			210,910
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	755			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	218,210	$ 187,873	$ 123,234	103,050	$ 100,234	$ 99,468
Other \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	168,206			103,050
Other \| 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	50,004			0
Other \| Less than 3.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	118,565			3,007
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	4,002			2,941
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	6,851			58,888
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	50,004			0
Other \| Greater than 5.00% \| At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	38,788			38,214
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			9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance				$ 5,535,697
Amortization expense	$ (95,757)	$ (88,012)		(282,159)	$ (258,693)
Ending Balance	5,889,293	5,414,357		5,889,293	5,414,357
Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	5,065,265	4,634,675		4,844,291	4,412,015
Capitalizations	185,299		$ 184,865	564,276	558,375
Amortization expense	(82,523)		(75,485)	(243,285)	(221,095)
Foreign exchange adjustment	(4,056)		(9,763)	(1,297)	(15,003)
Experience adjustment	0		0	0	0
Ending Balance	5,163,985	4,734,292	4,634,675	5,163,985	4,734,292
Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	709,669	666,209		686,763	649,082
Capitalizations	25,260	21,314		72,901	62,895
Amortization expense	(12,816)	(12,076)		(37,608)	(36,242)
Foreign exchange adjustment	(182)	(467)		(125)	(755)
Experience adjustment	0	0		0	0
Ending Balance	721,931	674,980	666,209	721,931	674,980
American Income \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	2,417,480	2,116,771		2,258,291	1,960,254
Capitalizations	117,761		111,564	351,933	341,585
Amortization expense	(40,465)		(35,860)	(118,207)	(104,124)
Foreign exchange adjustment	(4,056)		(9,763)	(1,297)	(15,003)
Experience adjustment	0		0	0	0
Ending Balance	2,490,720	2,182,712	2,116,771	2,490,720	2,182,712
American Income \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	62,285	53,776		57,811	49,406
Capitalizations	3,259	3,063		9,579	9,408
Amortization expense	(1,016)	(880)		(2,919)	(2,567)
Foreign exchange adjustment	(182)	(467)		(125)	(755)
Experience adjustment	0	0		0	0
Ending Balance	64,346	55,492	53,776	64,346	55,492
DTC \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,714,715	1,630,734		1,676,931	1,583,695
Capitalizations	36,385		46,792	123,774	140,449
Amortization expense	(24,891)		(23,860)	(74,496)	(70,478)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	1,726,209	1,653,666	1,630,734	1,726,209	1,653,666
DTC \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,760	1,945		1,854	2,032
Capitalizations	0	0		0	2
Amortization expense	(43)	(45)		(137)	(134)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	1,717	1,900	1,945	1,717	1,900
Liberty National \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	636,209	586,898		610,723	566,419
Capitalizations	27,950		23,259	78,599	66,073
Amortization expense	(13,029)		(11,564)	(38,192)	(33,899)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	651,130	598,593	586,898	651,130	598,593
Liberty National \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	136,276	129,592		133,096	127,537
Capitalizations	5,120	4,621		14,854	13,357
Amortization expense	(3,423)	(3,309)		(9,977)	(9,990)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	137,973	130,904	129,592	137,973	130,904
Other \| Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	296,861	300,272		298,346	301,647
Capitalizations	3,203		3,250	9,970	10,268
Amortization expense	(4,138)		(4,201)	(12,390)	(12,594)
Foreign exchange adjustment	0		0	0	0
Experience adjustment	0		0	0	0
Ending Balance	295,926	299,321	300,272	295,926	299,321
United American \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	75,349	79,174		77,394	81,140
Capitalizations	495	560		1,491	1,628
Amortization expense	(1,463)	(1,469)		(4,504)	(4,503)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	74,381	78,265	79,174	74,381	78,265
Family Heritage \| Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	433,999	401,722		416,608	388,967
Capitalizations	16,386	13,070		46,977	38,500
Amortization expense	(6,871)	(6,373)		(20,071)	(19,048)
Foreign exchange adjustment	0	0		0	0
Experience adjustment	0	0		0	0
Ending Balance	$ 443,514	$ 408,419	$ 401,722	$ 443,514	$ 408,419

Deferred Acquisition Costs - _2

Deferred Acquisition Costs - Schedule of Deferred Policy Acquisition Costs to Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 5,889,293		$ 5,535,697	$ 5,414,357			$ 4,587,547	$ 4,595,444
Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	5,163,985	$ 5,065,265	4,844,291	4,734,292	$ 4,634,675	$ 4,412,015	3,983,021	3,982,159
Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	721,931	709,669	686,763	674,980	666,209	649,082	596,217	610,069
Annuity
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	3,377			5,085			8,309	3,216
American Income \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,490,720	2,417,480	2,258,291	2,182,712	2,116,771	1,960,254	1,647,761	1,647,761
American Income \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	64,346	62,285	57,811	55,492	53,776	49,406	39,477	39,477
DTC \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,726,209	1,714,715	1,676,931	1,653,666	1,630,734	1,583,695	1,498,970	1,498,435
DTC \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,717	1,760	1,854	1,900	1,945	2,032	2,215	6,600
Liberty National \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	651,130	636,209	610,723	598,593	586,898	566,419	531,504	531,504
Liberty National \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	137,973	136,276	133,096	130,904	129,592	127,537	124,754	124,888
Other \| Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	295,926	296,861	298,346	299,321	300,272	301,647	304,786	304,459
United American \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	74,381	75,349	77,394	78,265	79,174	81,140	65,020	74,353
Family Heritage \| Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 443,514	$ 433,999	$ 416,608	$ 408,419	$ 401,722	$ 388,967	$ 364,751	$ 364,751

Liability for Unpaid Claims - S

Liability for Unpaid Claims - Schedule of Liability for Unpaid Health Claims (Details) - Health claims - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Activity in the Liability for Unpaid Health Claims
Beginning balance	$ 182,202	$ 171,109
Incurred related to:
Current year	523,152	676,190
Prior year	(2,383)	(15,631)
Total incurred	520,769	660,559
Paid related to:
Current year	375,687	517,856
Prior year	137,701	131,610
Total paid	513,388	649,466
Ending balance	$ 189,583	$ 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	Sep. 30, 2023	Dec. 31, 2022	Jan. 01, 2021	Dec. 31, 2020
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 503,072	$ 507,219	$ 473,524	$ 399,507
Life insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	313,489	325,017
Health insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 189,583	$ 182,202

Postretirement Benefits - Sched

Postretirement Benefits - Schedule of Pension Assets by Component at Fair Value (Details) - Pension Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Sep. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 499,775	$ 511,192
Percentage of plan assets	100%	100%
Investment funds, percentage ownership by pension plan	1%	1%
Expected life of investment	3 years
Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 485,487	$ 497,785
Percentage of plan assets	97%	97%
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 269,311	$ 314,666
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	216,176	183,119
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	$ 14,288	$ 13,407
Percentage of plan assets	3%	3%
Total corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 128,647	$ 7,424
Percentage of total plan assets, within plan asset category	26%	1%
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	$ 7,424
Total corporate bonds \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	128,647	0
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
Exchange traded fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category		$ 7,424
Percentage of total plan assets, within plan asset category		1%
Exchange traded fund \| 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		$ 7,424
Exchange traded fund \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category		0
Exchange traded fund \| Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category		0
Financial
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 35,649	$ 0
Percentage of total plan assets, within plan asset category	7%	0%
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	35,649	0
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	$ 23,436	$ 0
Percentage of total plan assets, within plan asset category	5%	0%
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	23,436	0
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	$ 12,776	$ 0
Percentage of total plan assets, within plan asset category	3%	0%
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	12,776	0
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	$ 56,786	$ 0
Percentage of total plan assets, within plan asset category	11%	0%
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	56,786	0
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 fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 258,297	$ 290,116
Percentage of total plan assets, within plan asset category	52%	57%
Investment grade securities issued term		10 years
Exchange traded fund \| 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	$ 258,297	$ 290,116
Exchange traded fund \| Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Exchange traded fund \| 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	$ 44,213	$ 139,820
Percentage of total plan assets, within plan asset category	9%	27%
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	44,213	139,820
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	$ 200	$ 5
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	200	5
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	$ 43,116	$ 43,294
Percentage of total plan assets, within plan asset category	8%	9%
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	43,116	43,294
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	$ 4,467	$ 16,615
Percentage of total plan assets, within plan asset category	1%	3%
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	$ 4,467	$ 16,615
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	$ 6,547	$ 511
Percentage of total plan assets, within plan asset category	1%	0%
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	$ 6,547	$ 511
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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Retirement Benefits [Abstract]
Premiums paid for insurance coverage	$ 443	$ 443
Total investments:
Company owned life insurance	54,761		$ 54,681
Exchange traded funds	78,310		71,258
Total investments of SERP	$ 133,071		$ 125,939

Postretirement Benefits - Sch_3

Postretirement Benefits - Schedule of Pension Liability (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	$ 561,832	$ 562,567
Qualified Plan \| Pension Plans \| Defined Benefit Plan, Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	490,547	492,103
Nonqualified Plan \| SERP
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation	$ 71,285	$ 70,464

Postretirement Benefits - Sch_4

Postretirement Benefits - Schedule of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Retirement Benefits [Abstract]
Service cost	$ 5,392	$ 8,657	$ 16,174	$ 25,968
Interest cost	7,834	6,124	23,502	18,368
Expected return on assets	(9,656)	(8,885)	(28,968)	(26,655)
Prior service cost	269	158	807	474
Actuarial (gain) loss	(48)	3,208	(152)	9,625
Net periodic benefit cost	$ 3,791	$ 9,262	$ 11,363	$ 27,780

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
Earnings Per Share (Details) - shares	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Basic weighted average shares outstanding (in shares)	94,636,867	97,258,349	95,445,416	98,244,271
Weighted average dilutive options outstanding (in shares)	1,180,770	889,175	1,211,974	857,964
Diluted weighted average shares outstanding (in shares)	95,817,637	98,147,524	96,657,390	99,102,235
Antidilutive shares (in shares)	492,970	2,602,609	399,071	2,351,522

Debt - Schedule of Selected Inf

Debt - Schedule of Selected Information about Debt Issues (Details) - USD ($)	9 Months Ended
	Sep. 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	449,000,000
Total debt, par value	2,269,000,000
Unamortized discount & issuance costs, noncurrent	(21,417,000)
Unamortized discount & issuance costs, current maturities	0
Unamortized discount & issuance costs, long-term debt	(21,417,000)
Unamortized discount & issuance costs, current	(1,463,000)
Total debt, unamortized discount & issuance costs,	(22,880,000)
Long-term debt, net, book value	1,798,583,000		$ 1,793,452,000
Current maturity of long-term debt, book value	0		165,500,000
Total long-term debt	1,798,583,000		1,627,952,000
Total short-term debt, book value	447,537,000		449,103,000
Total debt, book value	2,246,120,000		2,077,055,000
Long-term debt, gross, fair value	1,586,674,000
Current maturity of term loan, fair value	0
Fair Value	1,586,674,000
Total short-term debt, fair value	447,537,000
Total debt, fair value	2,034,211,000
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Total short-term debt, par value	198,000,000		0
Unamortized discount & issuance costs, current	0
Total short-term debt, book value	198,000,000		0
Total short-term debt, fair value	198,000,000
Commercial paper
Debt Instrument [Line Items]
Total short-term debt, par value	251,000,000
Unamortized discount & issuance costs, current	(1,463,000)
Total short-term debt, book value	249,537,000		283,603,000
Total short-term debt, fair value	$ 249,537,000
Senior Notes Due 2023
Debt Instrument [Line Items]
Coupon Rate	7.875%	7.875%
Long-term debt, par value, gross	$ 0	$ 170,000,000
Unamortized discount & issuance costs, noncurrent	0
Debt	0		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	(3,887,000)
Debt	546,113,000		545,601,000
Long-term debt, gross, fair value	$ 521,290,000
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	(3,442,000)
Debt	396,558,000		396,219,000
Long-term debt, gross, fair value	$ 309,828,000
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	(4,222,000)
Debt	245,778,000		245,493,000
Long-term debt, gross, fair value	228,709,000
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	(1,578,000)
Debt	123,422,000		123,410,000
Long-term debt, gross, fair value	$ 114,972,000
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	(7,713,000)
Debt	317,287,000		317,229,000
Long-term debt, gross, fair value	$ 242,450,000
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	(575,000)
Debt	169,425,000		$ 0
Long-term debt, gross, fair value	$ 169,425,000
Term Loan Due November 11 2024 \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread	1.35%

Debt - Additional Information (

Debt - Additional Information (Details)		9 Months Ended
Debt - Additional Information (Details)	May 11, 2023 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Long-term debt, par value, gross		$ 1,820,000,000
Repayment of notes		$ 165,612,000	$ 150,000,000
Activity-based common stock ownership percentage		0.041
FHLB stock		$ 23,900,000		$ 14,300,000
Long-term debt, net, book value		1,798,583,000		1,793,452,000
Short-term debt		447,537,000		449,103,000
Total short-term debt, par value		449,000,000
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Short-term debt		198,000,000		0
Total short-term debt, par value		198,000,000		0
Estimate of Fair Value Measurement \| Asset Pledged as Collateral
Debt Instrument [Line Items]
Fair value of pledged assets		$ 1,100,000,000
Junior Subordinated Debentures Due 2056
Debt Instrument [Line Items]
Interest rate		4.25%
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		$ 566,000,000
Long-term line of credit		118,000,000		$ 23,000,000
Senior Notes Due 2023
Debt Instrument [Line Items]
Long-term debt, par value, gross	$ 170,000,000	$ 0
Long-term debt, term	18 months
Repayment of notes	$ 166,000,000
Interest rate	7.875%	7.875%

Business Segments - Schedule of

Business Segments - Schedule of Segment Premium Income by Distribution Channel (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) segment	Sep. 30, 2022 USD ($)
Segment Reporting [Abstract]
Number of segments \| segment			4
Segment Reporting Information [Line Items]
Revenue	$ 1,119,335	$ 1,079,282	$ 3,325,345	$ 3,221,293
% of Total	100%	100%	100%	100%
Life
Segment Reporting Information [Line Items]
Revenue	$ 788,099	$ 758,875	$ 2,342,429	$ 2,264,895
% of Total	100%	100%	100%	100%
Health
Segment Reporting Information [Line Items]
Revenue	$ 331,236	$ 320,406	$ 982,916	$ 956,397
% of Total	100%	100%	100%	100%
Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 1	$ 0	$ 1
% of Total	0%	100%	0%	100%
American Income
Segment Reporting Information [Line Items]
Revenue	$ 430,749	$ 408,011	$ 1,272,002	$ 1,212,042
% of Total	39%	38%	38%	38%
American Income \| Life
Segment Reporting Information [Line Items]
Revenue	$ 400,214	$ 378,258	$ 1,182,346	$ 1,124,112
% of Total	51%	50%	50%	50%
American Income \| Health
Segment Reporting Information [Line Items]
Revenue	$ 30,535	$ 29,753	$ 89,656	$ 87,930
% 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	$ 265,011	$ 263,754	$ 795,708	$ 792,526
% of Total	24%	24%	24%	25%
Direct to Consumer \| Life
Segment Reporting Information [Line Items]
Revenue	$ 247,858	$ 246,021	$ 744,132	$ 739,017
% of Total	32%	32%	32%	33%
Direct to Consumer \| Health
Segment Reporting Information [Line Items]
Revenue	$ 17,153	$ 17,733	$ 51,576	$ 53,509
% 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	$ 134,842	$ 128,230	$ 400,554	$ 384,712
% of Total	12%	12%	12%	12%
Liberty National \| Life
Segment Reporting Information [Line Items]
Revenue	$ 88,199	$ 82,273	$ 260,036	$ 244,149
% of Total	11%	11%	11%	11%
Liberty National \| Health
Segment Reporting Information [Line Items]
Revenue	$ 46,643	$ 45,957	$ 140,518	$ 140,563
% of Total	14%	14%	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	$ 138,879	$ 136,803	$ 412,670	$ 408,014
% of Total	12%	13%	13%	13%
United American \| Life
Segment Reporting Information [Line Items]
Revenue	$ 1,802	$ 1,970	$ 5,533	$ 6,047
% of Total	0%	0%	0%	0%
United American \| Health
Segment Reporting Information [Line Items]
Revenue	$ 137,077	$ 134,832	$ 407,137	$ 401,966
% of Total	42%	42%	42%	42%
United American \| Annuity
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 1	$ 0	$ 1
% of Total	0%	100%	0%	100%
Family Heritage
Segment Reporting Information [Line Items]
Revenue	$ 101,389	$ 93,542	$ 298,583	$ 276,572
% of Total	9%	9%	9%	8%
Family Heritage \| Life
Segment Reporting Information [Line Items]
Revenue	$ 1,561	$ 1,411	$ 4,554	$ 4,143
% of Total	0%	0%	0%	0%
Family Heritage \| Health
Segment Reporting Information [Line Items]
Revenue	$ 99,828	$ 92,131	$ 294,029	$ 272,429
% of Total	30%	29%	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	$ 48,465	$ 48,942	$ 145,828	$ 147,427
% of Total	4%	4%	4%	4%
Other \| Life
Segment Reporting Information [Line Items]
Revenue	$ 48,465	$ 48,942	$ 145,828	$ 147,427
% of Total	6%	7%	7%	6%
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			9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue:
Premium	$ 1,119,335	$ 1,079,282		$ 3,325,345	$ 3,221,293
Net investment income	266,926	246,711		785,275	736,317
Other income	50	399		185	862
Total revenue	1,386,311	1,326,392		4,110,805	3,958,472
Expenses:
Policy benefits	719,044	737,576		2,144,481	2,123,156
Required interest on reserves	0	0		0	0
Amortization of acquisition costs	95,757	88,012		282,159	258,693
Commissions, premium taxes, and non-deferred acquisition costs	138,677	124,768		414,933	376,490
Insurance administrative expense	74,585	76,464		223,951	227,826
Parent expense	3,718	2,556		9,391	7,721
Stock-based compensation expense	7,567	9,120		22,732	26,603
Interest expense	25,955	23,965		76,640	65,737
Total benefits and expenses	1,065,303	1,062,461		3,174,287	3,086,226
Subtotal	321,008	263,931		936,518	872,246
Non-operating items	1,137	1,416		1,137	6,145
Measure of segment profitability (pretax)	322,145	265,347		937,655	878,391
Realized gain (loss)—investments	(2,193)	(29,155)		(78,963)	(66,845)
Non-operating expenses	(1,137)			(1,137)	(4,729)
Legal proceedings		(1,416)			(1,416)
Income before income taxes	318,815	234,776		857,555	805,401
Life
Revenue:
Premium	788,099	758,875		2,342,429	2,264,895
Expenses:
Amortization of acquisition costs	82,523		$ 75,485	243,285	221,095
Health
Revenue:
Premium	331,236	320,406		982,916	956,397
Expenses:
Amortization of acquisition costs	12,816	12,076		37,608	36,242
Annuity
Revenue:
Premium	0	1		0	1
Operating Segments
Expenses:
Non-operating items	0	0		0	0
Operating Segments \| Life
Revenue:
Premium	788,099	758,875		2,342,429	2,264,895
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	788,099	758,875		2,342,429	2,264,895
Expenses:
Policy benefits	515,676	545,933		1,536,317	1,533,726
Required interest on reserves	(194,199)	(184,712)		(575,801)	(548,840)
Amortization of acquisition costs	82,523	75,486		243,285	221,096
Commissions, premium taxes, and non-deferred acquisition costs	84,011	74,284		251,136	222,310
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	488,011	510,991		1,454,937	1,428,292
Subtotal	300,088	247,884		887,492	836,603
Measure of segment profitability (pretax)	300,088	247,884		887,492	836,603
Operating Segments \| Health
Revenue:
Premium	331,236	320,406		982,916	956,397
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	331,236	320,406		982,916	956,397
Expenses:
Policy benefits	193,790	182,409		580,676	561,502
Required interest on reserves	(26,732)	(25,690)		(79,603)	(76,420)
Amortization of acquisition costs	12,816	12,076		37,608	36,242
Commissions, premium taxes, and non-deferred acquisition costs	54,662	50,479		163,784	154,160
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	234,536	219,274		702,465	675,484
Subtotal	96,700	101,132		280,451	280,913
Measure of segment profitability (pretax)	96,700	101,132		280,451	280,913
Operating Segments \| Annuity
Revenue:
Premium	0	1		0	1
Net investment income	0	0		0	0
Other income	0	0		0	0
Total revenue	0	1		0	1
Expenses:
Policy benefits	6,854	8,136		21,502	24,700
Required interest on reserves	(9,353)	(11,228)		(29,327)	(33,956)
Amortization of acquisition costs	418	450		1,266	1,355
Commissions, premium taxes, and non-deferred acquisition costs	4	5		13	20
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	(2,077)	(2,637)		(6,546)	(7,881)
Subtotal	2,077	2,638		6,546	7,882
Measure of segment profitability (pretax)	2,077	2,638		6,546	7,882
Operating Segments \| Investment
Revenue:
Premium	0	0		0	0
Net investment income	266,926	246,711		785,275	736,317
Other income	0	0		0	0
Total revenue	266,926	246,711		785,275	736,317
Expenses:
Policy benefits	2,724	1,098		5,986	3,228
Required interest on reserves	230,284	221,630		684,731	659,216
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	233,008	222,728		690,717	662,444
Subtotal	33,918	23,983		94,558	73,873
Measure of segment profitability (pretax)	33,918	23,983		94,558	73,873
Corporate & Other
Revenue:
Premium	0	0		0	0
Net investment income	0	0		0	0
Other income	50	399		185	862
Total revenue	50	399		185	862
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	74,585	75,048		223,951	221,313
Parent expense	2,581	2,556		8,254	8,089
Stock-based compensation expense	7,567	9,120		22,732	26,603
Interest expense	25,955	23,965		76,640	65,737
Total benefits and expenses	110,688	110,689		331,577	321,742
Subtotal	(110,638)	(110,290)		(331,392)	(320,880)
Non-operating items	0	0		0	0
Measure of segment profitability (pretax)	(110,638)	(110,290)		(331,392)	(320,880)
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		1,416		0	6,513
Parent expense	1,137			1,137	(368)
Stock-based compensation expense	0	0		0	0
Interest expense	0	0		0	0
Total benefits and expenses	1,137	1,416		1,137	6,145
Subtotal	(1,137)	(1,416)		(1,137)	(6,145)
Non-operating items	1,137	1,416		1,137	6,145
Measure of segment profitability (pretax)	$ 0	$ 0		$ 0	$ 0