Policy Claims and Other Benefits Payable (Tables)

9 Months Ended

Sep. 30, 2023

Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [Abstract]

Schedule of Liability For Future Policy Benefits and Unpaid Claims

Changes in policy claims incurred and other benefits payable were as follows:

	Nine months ended September 30,
	2023			2022
	(In thousands)
Policy claims and other benefits payable, beginning of period	$	538,250		$	585,382
Less reinsured policy claims and other benefits payable		543,433			638,007
Net balance, beginning of period		(5,183	)		(52,625	)
Incurred related to current year		183,506			189,739
Incurred related to prior years (1)		(4,103	)		(3,383	)
Total incurred		179,403			186,356
Claims paid related to current year, net of reinsured policy claims received		(245,951	)		(236,246	)
Reinsured policy claims received related to prior years, net of claims paid		18,499			66,047
Total paid		(227,452	)		(170,199	)
Foreign currency translation		43			(659	)
Net balance, end of period		(53,189	)		(37,127	)
Add reinsured policy claims and other benefits payable		528,592			533,690
Balance, end of period	$	475,403		$	496,563

(1)Includes the difference between our estimate of claims incurred but not yet reported as of period-end and the actual incurred claims reported after period-end.