Deferred Policy Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 2023

Deferred Policy Acquisition Costs Disclosures [Abstract]

Balances and Activity in DAC Roll Forward

The balances and activity in DAC were as follows:

	Six months ended						Year ended
	June 30, 2023						December 31, 2022
	(In thousands)
	Term Life			Segregated Funds (Canada)			Term Life			Segregated Funds (Canada)
Balance, beginning of period	$	3,106,148		$	62,341		$	2,869,812		$	65,411
Capitalization		256,846			2,902			507,834			7,003
Amortization		(132,072	)		(2,901	)		(254,875	)		(5,581	)
Foreign exchange translation and other		6,222			1,622			(16,623	)		(4,492	)
Balance, at the end of period	$	3,237,144		$	63,964		$	3,106,148		$	62,341

Reconciliation of DAC

Reconciliation of DAC by product was as follows:

	June 30, 2023		December 31, 2022
	(In thousands)
Term Life	$	3,237,144	$	3,106,148
Segregated Funds (Canada)		63,964		62,341
Other		18,736		20,013
Total DAC, net	$	3,319,844	$	3,188,502