Segment Information - Summary of Income (loss) Before Income Taxes by Segment (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Segment Reporting Information [Line Items] | ||||
| Revenues | $ 865,067 | $ 793,334 | $ 1,737,759 | $ 1,598,177 |
| Expenses: | ||||
| Benefits and claims | 147,328 | 152,494 | 318,582 | 327,355 |
| Amortization of DAC | 85,128 | 80,043 | 169,388 | 158,592 |
| Insurance expenses | 71,159 | 64,362 | 137,726 | 129,168 |
| Insurance commissions | 5,778 | 5,751 | 11,396 | 11,875 |
| Sales commissions | 201,924 | 166,291 | 397,134 | 324,409 |
| Interest expense | 5,833 | 6,000 | 11,693 | 12,005 |
| Other operating expenses | 94,736 | 89,791 | 196,618 | 188,129 |
| Total benefits and expenses | 606,848 | 558,837 | 1,230,122 | 1,142,365 |
| Income before income taxes | 258,219 | 234,497 | 507,637 | 455,812 |
| Term Life Insurance Segment [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 443,605 | 441,834 | 908,240 | 899,676 |
| Expenses: | ||||
| Benefits and claims | 144,174 | 148,725 | 311,425 | 319,968 |
| Future policy benefits remeasurement (gain) loss | (4,858) | (5,743) | (12,422) | (9,145) |
| Amortization of DAC | 83,567 | 78,386 | 166,234 | 155,308 |
| Insurance expenses | 70,020 | 63,216 | 135,399 | 126,861 |
| Insurance commissions | 2,223 | 2,238 | 4,265 | 4,887 |
| Total benefits and expenses | 295,126 | 286,822 | 604,901 | 597,879 |
| Income before income taxes | 148,479 | 155,012 | 303,339 | 301,797 |
| Investment and Savings Products Segment [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 360,518 | 298,298 | 711,164 | 589,109 |
| Expenses: | ||||
| Amortization of DAC | 1,304 | 1,368 | 2,638 | 2,705 |
| Insurance commissions | 3,450 | 3,468 | 6,907 | 6,745 |
| Fees based on client asset values | 14,493 | 11,404 | 27,780 | 22,319 |
| Fees based on fee-generating positions | 10,553 | 11,015 | 21,674 | 23,425 |
| Other operating expenses | 30,010 | 30,677 | 60,029 | 58,766 |
| Total benefits and expenses | 256,303 | 218,877 | 506,049 | 428,418 |
| Income before income taxes | 104,215 | 79,421 | 205,115 | 160,691 |
| Investment and Savings Products Segment [Member] | Sales-based | ||||
| Expenses: | ||||
| Sales commissions | 95,816 | 82,935 | 190,984 | 160,202 |
| Investment and Savings Products Segment [Member] | Asset-based | ||||
| Expenses: | ||||
| Sales commissions | 100,677 | 78,010 | 196,037 | 154,256 |
| Corporate and Other Distributed Products Segment [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 60,944 | 53,202 | 118,355 | 109,392 |
| Expenses: | ||||
| Benefits and claims | 3,154 | 3,769 | 7,157 | 7,387 |
| Future policy benefits remeasurement (gain) loss | (180) | (152) | 7 | (23) |
| Amortization of DAC | 257 | 289 | 516 | 579 |
| Insurance expenses | 1,139 | 1,146 | 2,327 | 2,307 |
| Insurance commissions | 105 | 45 | 224 | 243 |
| Sales commissions | 5,431 | 5,346 | 10,113 | 9,951 |
| Interest expense | 5,833 | 6,000 | 11,693 | 12,005 |
| Other operating expenses | 39,680 | 36,695 | 87,135 | 83,619 |
| Total benefits and expenses | 55,419 | 53,138 | 119,172 | 116,068 |
| Income before income taxes | $ 5,525 | $ 64 | $ (817) | $ (6,676) |
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- Definition Fees based on client asset values. No definition available.
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- Definition Fees based on fee-generating positions. No definition available.
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- Definition The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of amortization expense (reversal of expense) for deferred policy acquisition costs. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The expense incurred by an insurance company to persons or entities for generating or placing insurance or investment contracts with the company, usually determined as a percentage of policy or contract premiums. Excludes advances or draws to be applied against commissions earned. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense (income) recognized due to changes in the accrued obligation to policyholders that relates to insured events. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Costs incurred during the period, such as those relating to general administration and policy maintenance that do not vary with and are not primarily related to the acquisition or renewal of insurance contracts. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Primarily represents commissions incurred in the period based upon the sale by commissioned employees or third parties of the entity's goods or services, and fees for sales assistance or product enhancements performed by third parties (such as a distributor or value added reseller). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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