Policy Claims and Other Benefits Payable (Tables)

6 Months Ended

Jun. 30, 2024

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 and other benefits payable were as follows:

	Six months ended June 30,
	2024			2023
	(In thousands)
Policy claims and other benefits payable, beginning of period	$	513,803		$	538,250
Less reinsured policy claims and other benefits payable		534,674			542,606
Net balance, beginning of period		(20,871	)		(4,356	)
Incurred related to current year		129,041			121,251
Incurred related to prior years (1)		(3,565	)		(1,723	)
Total incurred		125,476			119,528
Claims paid related to current year, net of reinsured policy claims received		(194,113	)		(162,580	)
Reinsured policy claims received related to prior years, net of claims paid		40,413			17,519
Total paid		(153,700	)		(145,061	)
Foreign currency translation		(334	)		182
Net balance, end of period		(49,429	)		(29,707	)
Add reinsured policy claims and other benefits payable		528,202			524,848
Balance, end of period	$	478,773		$	495,141

(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.