v3.26.1
Interest sensitive contract liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
Insurance [Abstract]  
Policyholder Account Balance
The following table shows the outstanding Interest sensitive contract liabilities which represents the policyholder balances for MYGA product line:
Years Ended December 31,
  20252024
Balance, beginning of year$334,876 $256,569 
Deposits42,996 72,818 
Product charges(1,877)(266)
Surrenders and withdrawals(19,499)(2,982)
Benefit payments(8,590)(6,235)
Interest credited16,075 14,972 
Balance at December 31,$363,981 $334,876 
Weighted-average annual crediting rate5.00%5.00%
At period end:
Cash surrender value$337,682 $303,035 
Net amount at risk:
In the event of death ¹
$363,981 $334,876 
_______________
(1)For benefits that are payable in the event of death, the net amount at risk is generally defined as the current death benefit in excess of the current account balances at the Consolidated Statements of Financial Position date. It represents the amount of the claim that the Company would incur if death claims were filed on all contracts at the Consolidated Statements of Financial Position date.