v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) - Unaudited - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 202,278 $ 178,344 $ 392,374 $ 347,395
Unrealized investment gains (losses) on available-for-sale securities:        
Change in unrealized holding gains (losses) on available-for-sale securities 13,477 9,794 (27,678) 46,719
Reclassification adjustment for investment (gains) losses included in net income (78) 1,566 769 1,645
Effect of change in discount rate assumptions on the liability for future policy benefits (42,344) 4,406 70,976 (63,047)
Foreign currency translation adjustments:        
Change in unrealized foreign currency translation gains (losses) (7,565) 21,388 (15,116) 20,964
Total other comprehensive income (loss) before income taxes (36,510) 37,154 28,951 6,281
Income tax expense (benefit) related to items of other comprehensive income (loss) (6,365) 3,604 9,177 (2,689)
Other comprehensive income (loss), net of income taxes (30,145) 33,550 19,774 8,970
Total comprehensive income (loss) $ 172,133 $ 211,894 $ 412,148 $ 356,365