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Business Segments - Reconciliation of Segment Operating Information to Consolidated Statement of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Premium $ 1,095,090 $ 1,064,812
Net investment income 257,105 244,894
Other income 50 164
Total revenue 1,352,245 1,309,870
Expenses:    
Policy obligations 707,927 694,149
Required interest on reserves 0 0
Amortization of acquisition costs 92,322 84,496
Commissions, premium taxes, and non-deferred acquisition costs 137,797 125,509
Insurance administrative expense 73,907 72,677
Parent expense 2,585 2,640
Stock-based compensation expense 7,679 9,035
Interest expense 24,867 19,944
Total benefits and expenses 1,047,084 1,008,450
Subtotal 305,161 301,420
Non-operating items 0 112
Measure of segment profitability (pretax) 305,161 301,532
Realized gain (loss)—investments (30,927) (7,244)
Non-operating expenses   (112)
Income before income taxes 274,234 294,176
Life    
Revenue:    
Premium 772,597 749,128
Expenses:    
Amortization of acquisition costs 79,589 71,929
Health    
Revenue:    
Premium 322,493 315,684
Expenses:    
Amortization of acquisition costs 12,308 12,114
Annuity    
Revenue:    
Premium 0 0
Operating Segments    
Expenses:    
Non-operating items 0 0
Operating Segments | Life    
Revenue:    
Premium 772,597 749,128
Net investment income 0 0
Other income 0 0
Total revenue 772,597 749,128
Expenses:    
Policy obligations 507,977 495,429
Required interest on reserves (189,821) (181,372)
Amortization of acquisition costs 79,589 71,929
Commissions, premium taxes, and non-deferred acquisition costs 83,578 73,548
Insurance administrative expense 0 0
Parent expense 0 0
Stock-based compensation expense 0 0
Interest expense 0 0
Total benefits and expenses 481,323 459,534
Subtotal 291,274 289,594
Measure of segment profitability (pretax) 291,274 289,594
Operating Segments | Health    
Revenue:    
Premium 322,493 315,684
Net investment income 0 0
Other income 0 0
Total revenue 322,493 315,684
Expenses:    
Policy obligations 190,962 189,018
Required interest on reserves (26,323) (25,270)
Amortization of acquisition costs 12,308 12,114
Commissions, premium taxes, and non-deferred acquisition costs 54,214 51,952
Insurance administrative expense 0 0
Parent expense 0 0
Stock-based compensation expense 0 0
Interest expense 0 0
Total benefits and expenses 231,161 227,814
Subtotal 91,332 87,870
Measure of segment profitability (pretax) 91,332 87,870
Operating Segments | Annuity    
Revenue:    
Premium 0 0
Net investment income 0 0
Other income 0 0
Total revenue 0 0
Expenses:    
Policy obligations 7,541 8,642
Required interest on reserves (10,259) (11,367)
Amortization of acquisition costs 425 453
Commissions, premium taxes, and non-deferred acquisition costs 5 9
Insurance administrative expense 0 0
Parent expense 0 0
Stock-based compensation expense 0 0
Interest expense 0 0
Total benefits and expenses (2,288) (2,263)
Subtotal 2,288 2,263
Measure of segment profitability (pretax) 2,288 2,263
Operating Segments | Investment    
Revenue:    
Premium 0 0
Net investment income 257,105 244,894
Other income 0 0
Total revenue 257,105 244,894
Expenses:    
Policy obligations 1,447 1,060
Required interest on reserves 226,403 218,009
Amortization of acquisition costs 0 0
Commissions, premium taxes, and non-deferred acquisition costs 0 0
Insurance administrative expense 0 0
Parent expense 0 0
Stock-based compensation expense 0 0
Interest expense 0 0
Total benefits and expenses 227,850 219,069
Subtotal 29,255 25,825
Measure of segment profitability (pretax) 29,255 25,825
Corporate & Other    
Revenue:    
Premium 0 0
Net investment income 0 0
Other income 50 164
Total revenue 50 164
Expenses:    
Policy obligations 0 0
Required interest on reserves 0 0
Amortization of acquisition costs 0 0
Commissions, premium taxes, and non-deferred acquisition costs 0 0
Insurance administrative expense 73,907 72,565
Parent expense 2,585 2,640
Stock-based compensation expense 7,679 9,035
Interest expense 24,867 19,944
Total benefits and expenses 109,038 104,184
Subtotal (108,988) (104,020)
Non-operating items 0 0
Measure of segment profitability (pretax) (108,988) (104,020)
Adjustments    
Revenue:    
Premium 0 0
Net investment income 0 0
Other income 0 0
Total revenue 0 0
Expenses:    
Policy obligations 0 0
Required interest on reserves 0 0
Amortization of acquisition costs 0 0
Commissions, premium taxes, and non-deferred acquisition costs 0 0
Insurance administrative expense 112
Parent expense 0
Stock-based compensation expense 0 0
Interest expense 0 0
Total benefits and expenses 0 112
Subtotal 0 (112)
Non-operating items 112
Measure of segment profitability (pretax) $ 0 $ 0