Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||||||||
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Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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Statement of Comprehensive Income [Abstract] | ||||||||||||
Net income | $ 355,146 | $ 763,289 | [1] | $ 199,255 | $ 1,442,754 | [2] | ||||||
Other comprehensive income (loss): | ||||||||||||
Change in net unrealized investment gains/losses | (421,329) | (3,419,845) | [3] | 430,402 | (7,435,675) | [3] | ||||||
Change in current discount rate for liability for future policy benefits | 5,342 | 23,683 | [3] | 551 | 56,681 | [3] | ||||||
Change in instrument-specific credit risk for market risk benefits | (98,909) | 55,065 | [3] | (28,904) | 535,475 | [3] | ||||||
Reclassification of unrealized investment gains/losses to net income | 22,721 | (23,546) | [3] | 4,258 | (22,087) | [3] | ||||||
Other comprehensive income (loss) before income tax | (492,175) | (3,364,643) | [3] | 406,307 | (6,865,606) | [3] | ||||||
Income tax effect related to other comprehensive income (loss) | 103,356 | 706,559 | [3] | (85,325) | 1,441,465 | [3] | ||||||
Other comprehensive income (loss) | (388,819) | (2,658,084) | [2] | 320,982 | (5,424,141) | [3] | ||||||
Comprehensive income (loss) | $ (33,673) | $ (1,894,795) | [3] | $ 520,237 | $ (3,981,387) | [3] | ||||||
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X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before tax and reclassification adjustment, of unrealized gain (loss) from (increase) decrease in liability for future policy benefit from change in discount rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax and adjustments, of unrealized gain (loss) from (increase) decrease in instrument-specific credit risk on contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before tax, after reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before tax and adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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