Allowance for Expected Credit Losses (Tables)

12 Months Ended

Dec. 31, 2023

Allowance for Expected Credit Losses [Abstract]

Held-to-Maturity Fixed-Maturity Securities

The following table presents the balances for fixed maturities classified as held-to-maturity, net of the allowance for expected credit losses, at December 31, 2023, the cumulative effect of our adoption of the updated accounting guidance for credit losses on January 1, 2023 and changes in the allowance for expected credit losses for 2023.

	At and For the Year Ended December 31, 2023
	Held-to-Maturity, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	688,439	$	—
Cumulative effect of adoption of updated accounting guidance for credit losses				1,268
Current period change for expected credit losses				58
Balance at end of period	$	679,497	$	1,326

Reinsurance Receivable

The following table presents the balances for reinsurance receivable, net of the allowance for expected credit losses, at December 31, 2023, the cumulative effect of our adoption of the updated accounting guidance for credit losses on January 1, 2023 and the changes in the allowance for expected credit losses for 2023.

	At and For the Year Ended December 31, 2023
	Reinsurance Receivable, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
	(in thousands)
Balance at beginning of period	$	456,522	$	—
Cumulative effect of adoption of updated accounting guidance for credit losses				1,132
Current period change for expected credit losses				262
Balance at end of period	$	441,431	$	1,394