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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income $ 312,601 $ 152,865 $ 1,239,400 $ 380,855
Other comprehensive loss:        
Change in net unrealized investment gains/losses (1) [1] (1,041,342) (85,990) (5,129,980) (308,740)
Reclassification of unrealized investment gains/losses to net income (1) [1] (4,768) 1,260 (16,913) (3,391)
Other comprehensive loss before income tax (1,046,110) (84,730) (5,146,893) (312,131)
Income tax effect related to other comprehensive loss 219,690 17,793 1,083,716 65,548
Other comprehensive loss (826,420) (66,937) (4,063,177) (246,583)
Comprehensive income (loss) $ (513,819) $ 85,928 $ (2,823,777) $ 134,272
[1] Net of related adjustments to amortization of deferred sales inducements, deferred policy acquisition costs and policy benefit reserves.