Globe Life (GL) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2024	Jul. 31, 2024
Entity Listings [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-08052
Entity Registrant Name	GLOBE LIFE INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	63-0780404
Entity Address, Address Line One	3700 South Stonebridge Drive
Entity Address, City or Town	McKinney
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75070
City Area Code	972
Local Phone Number	569-4000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		89,819,840
Entity Central Index Key	0000320335
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock, $1.00 par value per share
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $1.00 par value per share
Trading Symbol	GL
Security Exchange Name	NYSE
4.250% Junior Subordinated Debentures
Entity Listings [Line Items]
Title of 12(b) Security	4.250% Junior Subordinated Debentures
Trading Symbol	GL PRD
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Investments:
Fixed maturities—available for sale, at fair value (amortized cost: 2024—$19,229,273; 2023—$18,924,914, allowance for credit losses: 2024— $7,132; 2023— $7,115)	$ 17,613,008	$ 17,870,206
Mortgage loans	343,492	279,199
Policy loans	676,077	657,020
Other long-term investments (includes: 2024—$915,665; 2023—$795,583 under the fair value option)	974,515	835,878
Short-term investments	100,560	81,740
Total investments	19,707,652	19,724,043
Cash	87,914	103,156
Accrued investment income	274,674	270,396
Other receivables	648,065	630,223
Deferred acquisition costs	6,260,294	6,009,477
Goodwill	481,791	481,791
Other assets	838,416	832,413
Total assets	28,298,806	28,051,499
Liabilities:
Future policy benefits	18,430,672	19,460,353
Unearned and advance premium	270,077	254,567
Policy claims and other benefits payable	526,126	514,875
Other policyholders' funds	400,625	236,958
Total policy liabilities	19,627,500	20,466,753
Current and deferred income taxes	684,543	494,639
Short-term debt	654,606	486,113
Long-term debt (estimated fair value: 2024—$1,376,196; 2023—$1,491,229)	1,630,396	1,629,559
Other liabilities	474,007	487,632
Total liabilities	23,071,052	23,564,696
Commitments and Contingencies (Note 5)
Shareholders' equity:
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2024 and 2023	0	0
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2024—102,218,183 issued; 2023—102,218,183 issued)	102,218	102,218
Additional paid-in-capital	534,028	532,474
Accumulated other comprehensive income (loss)	(2,189,620)	(2,772,419)
Retained earnings	7,943,415	7,478,813
Treasury stock, at cost: (2024—12,176,343 shares; 2023—8,426,854 shares)	(1,162,287)	(854,283)
Total shareholders' equity	5,227,754	4,486,803
Total liabilities and shareholders' equity	$ 28,298,806	$ 28,051,499

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets:
Fixed maturities, available for sale, amortized cost	$ 19,229,273	$ 18,924,914
Fixed maturities, available for sale, allowance for credit losses	7,132	7,115
Other long-term investments under fair value option	974,515	835,878
Liabilities:
Future policy benefits at original rates	17,269,793	16,984,615
Total long-term debt, fair value	$ 1,376,196	$ 1,491,229
Shareholders' equity:
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	320,000,000	320,000,000
Common stock, shares issued (in shares)	102,218,183	102,218,183
Common stock, shares outstanding (in shares)	102,218,183	102,218,183
Common stock, shares held in treasury (in shares)	12,176,343	8,426,854
Investment funds
Assets:
Other long-term investments under fair value option	$ 915,665	$ 795,583

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue:
Revenue		$ 1,167,125	$ 1,110,920	$ 2,312,409	$ 2,206,010
Net investment income		285,636	261,244	568,214	518,349
Realized gains (losses)		(12,589)	(45,843)	(24,388)	(76,770)
Other income		74	85	150	135
Total revenue		1,440,246	1,326,406	2,856,385	2,647,724
Benefits and expenses:
Total policyholder benefits		735,694	717,510	1,467,487	1,425,437
Amortization of deferred acquisition costs		101,915	94,080	201,393	186,402
Commissions, premium taxes, and non-deferred acquisition costs		149,802	138,459	297,912	276,256
Other operating expense		99,108	86,033	192,322	170,204
Interest expense		31,404	25,818	60,025	50,685
Total benefits and expenses		1,117,923	1,061,900	2,219,139	2,108,984
Income before income taxes		322,323	264,506	637,246	538,740
Income tax benefit (expense)		(63,968)	(49,246)	(124,674)	(99,870)
Net income		$ 258,355	$ 215,260	$ 512,572	$ 438,870
Basic net income per common share (in dollars per share)		$ 2.83	$ 2.26	$ 5.53	$ 4.58
Diluted net income per common share (in dollars per share)		$ 2.83	$ 2.24	$ 5.51	$ 4.52
Life premium
Revenue:
Revenue		$ 815,482	$ 781,733	$ 1,619,747	$ 1,554,330
Benefits and expenses:
Total policyholder benefits	[1]	518,792	512,664	1,038,663	1,020,641
Health premium
Revenue:
Revenue		351,643	329,187	692,662	651,680
Benefits and expenses:
Total policyholder benefits	[2]	205,423	195,924	407,750	386,886
Other premium
Revenue:
Revenue		0	0	0	0
Benefits and expenses:
Total policyholder benefits		$ 11,479	$ 8,922	$ 21,074	$ 17,910
[1]Net of a remeasurement gain of $12.4 million for the three months ended June 30, 2024, and a remeasurement gain of $2.4 million for the same period in 2023. Net of a remeasurement gain of $17.3 million for the six months ended June 30, 2024, and a remeasurement gain of $5.1 million for the same period in 2023.[2]Net of remeasurement gain of $3.2 million for the three months ended June 30, 2024 and a remeasurement gain of $2.6 million for the same period in 2023. Net of a remeasurement gain of $6.5 million for the six months ended June 30, 2024, and a remeasurement gain of $532 thousand for the same period in 2023.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Life insurance
Policyholder benefits net of remeasurement gain (losses)	$ 12,400	$ 2,400	$ 17,300	$ 5,100
Health premium
Policyholder benefits net of remeasurement gain (losses)	$ 3,200	$ 2,600	$ 6,500	$ 532

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 258,355	$ 215,260	$ 512,572	$ 438,870
Unrealized gains (losses) on fixed maturities:
Unrealized holding gains (losses) arising during period	(263,012)	(333,329)	(568,028)	135,790
Other reclassification adjustments included in net income	7,400	49,425	4,988	82,015
Foreign exchange adjustment on fixed maturities recorded at fair value	(117)	(10,567)	1,500	(1,000)
Total unrealized investment gains (losses)	(255,729)	(294,471)	(561,540)	216,805
Less applicable tax (expense) benefit	53,701	61,836	117,923	(45,532)
Unrealized gains (losses) on investments, net of tax	(202,028)	(232,635)	(443,617)	171,273
Future Policy Benefits:
Change in discount rate on future policy benefits	606,384	306,211	1,310,980	(414,679)
Less applicable tax (expense) benefit	(127,342)	(64,305)	(275,306)	87,082
Future policy benefit adjustments, net of tax	479,042	241,906	1,035,674	(327,597)
Foreign exchange translation:
Foreign exchange translation adjustments, other than securities	641	10,358	(11,956)	3,842
Less applicable tax (expense) benefit	(135)	(2,176)	2,511	(808)
Foreign exchange translation adjustments, other than securities, net of tax	506	8,182	(9,445)	3,034
Pension:
Pension adjustments	118	(323)	236	(371)
Less applicable tax (expense) benefit	(22)	66	(49)	77
Pension adjustments, net of tax	96	(257)	187	(294)
Other comprehensive income (loss)	277,616	17,196	582,799	(153,584)
Comprehensive income (loss)	$ 535,971	$ 232,456	$ 1,095,371	$ 285,286

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Treasury Stock
Beginning balance at Dec. 31, 2022	$ 3,949,577	$ 0	$ 105,218	$ 529,661	$ (2,790,313)	$ 6,894,535	$ (789,524)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	52,830				(170,780)	223,610
Common dividends declared	(21,542)					(21,542)
Acquisition of treasury stock	(179,276)						(179,276)
Stock-based compensation	7,678			(1,022)			8,700
Exercise of stock options	37,024					(4,059)	41,083
Ending balance at Mar. 31, 2023	3,846,291	0	105,218	528,639	(2,961,093)	7,092,544	(919,017)
Beginning balance at Dec. 31, 2022	3,949,577	0	105,218	529,661	(2,790,313)	6,894,535	(789,524)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	285,286
Ending balance at Jun. 30, 2023	3,980,306	0	105,218	536,126	(2,943,897)	7,285,809	(1,002,950)
Beginning balance at Mar. 31, 2023	3,846,291	0	105,218	528,639	(2,961,093)	7,092,544	(919,017)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	232,456				17,196	215,260
Common dividends declared	(21,330)					(21,330)
Acquisition of treasury stock	(89,755)						(89,755)
Stock-based compensation	7,487			7,487		0	0
Exercise of stock options	5,157					(665)	5,822
Ending balance at Jun. 30, 2023	3,980,306	0	105,218	536,126	(2,943,897)	7,285,809	(1,002,950)
Beginning balance at Dec. 31, 2023	4,486,803	0	102,218	532,474	(2,772,419)	7,478,813	(854,283)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	559,400				305,183	254,217
Common dividends declared	(22,603)					(22,603)
Acquisition of treasury stock	(23,469)						(23,469)
Stock-based compensation	9,267			(5,612)		(438)	15,317
Exercise of stock options	29,763					(3,334)	33,097
Ending balance at Mar. 31, 2024	5,039,161	0	102,218	526,862	(2,467,236)	7,706,655	(829,338)
Beginning balance at Dec. 31, 2023	4,486,803	0	102,218	532,474	(2,772,419)	7,478,813	(854,283)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	1,095,371
Ending balance at Jun. 30, 2024	5,227,754	0	102,218	534,028	(2,189,620)	7,943,415	(1,162,287)
Beginning balance at Mar. 31, 2024	5,039,161	0	102,218	526,862	(2,467,236)	7,706,655	(829,338)
Increase (Decrease) in Stockholders' Equity
Comprehensive income (loss)	535,971				277,616	258,355
Common dividends declared	(21,595)					(21,595)
Acquisition of treasury stock	(335,873)						(335,873)
Stock-based compensation	10,090			7,166			2,924
Exercise of stock options	0					0	0
Ending balance at Jun. 30, 2024	$ 5,227,754	$ 0	$ 102,218	$ 534,028	$ (2,189,620)	$ 7,943,415	$ (1,162,287)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Common dividends declared, per share (in dollars per share)	$ 0.2400	$ 0.2400	$ 0.2250	$ 0.2250

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Statement of Cash Flows [Abstract]
Cash provided from (used for) operating activities	$ 724,923	$ 804,141
Investments sold or matured:
Fixed maturities available for sale—sold	510,904	145,824
Fixed maturities available for sale—matured or other redemptions	85,385	138,259
Mortgage loans	26,071	9,913
Other long-term investments	14,125	49,680
Total investments sold or matured	636,485	343,676
Acquisition of investments:
Fixed maturities—available for sale	(923,096)	(623,023)
Mortgage loans	(92,167)	(66,437)
Other long-term investments	(165,322)	(24,749)
Total investments acquired	(1,180,585)	(714,209)
Net (increase) decrease in policy loans	(19,057)	(18,692)
Net (increase) decrease in short-term investments	(18,820)	42,993
Additions to property and equipment	(26,738)	(25,629)
Investments in low-income housing interests	(17,870)	(38,276)
Cash provided from (used for) investing activities	(626,585)	(410,137)
Cash provided from (used for) financing activities:
Issuance of common stock	29,763	42,181
Cash dividends paid to shareholders	(43,681)	(41,569)
Repayment of debt	0	(165,612)
Proceeds from issuance of debt	0	170,000
Payment for debt issuance costs	0	(693)
Net borrowing from FHLB	180,000	0
Net borrowing (repayment) of commercial paper	(114,494)	(25,371)
Proceeds from commercial paper with original maturities greater than 90 days	339,518	0
Repayment of commercial paper with original maturities greater than 90 days	(236,786)	0
Acquisition of treasury stock	(359,342)	(269,031)
Net receipts (payments) from deposit-type products	85,236	(116,437)
Cash provided from (used for) financing activities	(119,786)	(406,532)
Effect of foreign exchange rate changes on cash	6,206	(5,020)
Net increase (decrease) in cash	(15,242)	(17,548)
Cash at beginning of year	103,156	92,559
Cash at end of period	$ 87,914	$ 75,011

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Significant Accounting Policies	Note 1—Significant Accounting Policies Business : (Globe Life), (the Company), refers to Globe Life Inc., an insurance holding company incorporated in Delaware in 1979, and Globe Life Inc. subsidiaries and affiliates. Globe Life Inc.'s direct or indirect primary subsidiaries are Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company. The underwriting companies are owned by their ultimate corporate parent, Globe Life Inc. (Parent Company). Globe Life provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The Company is organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Globe Life markets its insurance products through a number of distribution channels, each of which sells the products of one or more of Globe Life's insurance segments. Our distribution channels consist of the following exclusive agencies: American Income Life Division (American Income), Liberty National Division (Liberty National) and Family Heritage Division (Family Heritage); an independent agency, United American Division (United American); and our Direct to Consumer Division (DTC). Basis of Presentation : The accompanying condensed consolidated financial statements of Globe Life have been prepared in accordance with the instructions to Form 10-Q. Therefore, they do not include all of the disclosures required by accounting principles generally accepted in the United States of America (GAAP) for annual financial statements. However, in the opinion of management, these statements include all adjustments, consisting of normal recurring adjustments, which are necessary for a fair presentation of the condensed consolidated financial position at June 30, 2024, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended June 30, 2024 and 2023. The interim period condensed consolidated financial statements should be read in conjunction with the Consolidated Financial Statements that are included in the Form 10-K filed with the Securities Exchange Commission (SEC) on February 28, 2024. Use of Estimates : The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. See further documentation in the significant accounting policies or the accompanying notes.

New Accounting Standards

New Accounting Standards	6 Months Ended
	Jun. 30, 2024
Accounting Changes and Error Corrections [Abstract]
New Accounting Standards	Note 2—New Accounting Standards Accounting Pronouncements Adopted in the Current Year Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions ASU 2022-03 adds disclosure requirements specific to equity securities subject to contractual sale restrictions. The disclosures clarify the nature of the contractual sale as well as the duration of the restriction and the circumstances that could cause a lapse in the restriction. This standard is effective for the Company for fiscal years beginning on January 1, 2024 and interim periods within those fiscal years. The adoption of this standard did not have a material impact on the Condensed Consolidated Financial Statements. Accounting Pronouncements Yet to be Adopted Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ASU 2023-07 adds disclosure requirements to segment expenses, improving the financial reporting of the entity’s overall performance and assessment of future cash flows. The disclosures will require more detailed information related to the entity’s reportable segments. This standard is effective for the Company for annual periods beginning on January 1, 2024 and for interim periods beginning on January 1, 2025, and will be implemented on a retrospective basis. The Company is evaluating the standard, but does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements. ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ASU 2023-09 adds disclosure requirements to disaggregated information related to the effective tax rate reconciliation and information on income taxes paid. The disclosures will enhance the assessment of the entity’s operations and related tax risks. This standard is effective for the Company for annual periods beginning on January 1, 2025, and will be implemented on a prospective basis. The Company does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements.

Supplemental Information about

Supplemental Information about Changes to Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Supplemental Information about Changes to Accumulated Other Comprehensive Income	Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income Components of Accumulated Other Comprehensive Income : An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for the three and six month periods ended June 30, 2024 and 2023: Three Months Ended June 30, 2024 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2024 $ (1,069,185) $ (1,390,759) $ (5,232) $ (2,060) $ (2,467,236) Other comprehensive income (loss) before reclassifications, net of tax (207,874) 479,042 506 — 271,674 Reclassifications, net of tax 5,846 — — 96 5,942 Other comprehensive income (loss) (202,028) 479,042 506 96 277,616 Balance at June 30, 2024 $ (1,271,213) $ (911,717) $ (4,726) $ (1,964) $ (2,189,620) Three Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2023 $ (1,016,764) $ (1,938,707) $ (6,829) $ 1,207 $ (2,961,093) Other comprehensive income (loss) before reclassifications, net of tax (271,681) 241,906 8,182 — (21,593) Reclassifications, net of tax 39,046 — — (257) 38,789 Other comprehensive income (loss) (232,635) 241,906 8,182 (257) 17,196 Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Six Months Ended June 30, 2024 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2024 $ (827,596) $ (1,947,391) $ 4,719 $ (2,151) $ (2,772,419) Other comprehensive income (loss) before reclassifications, net of tax (447,558) 1,035,674 (9,445) — 578,671 Reclassifications, net of tax 3,941 — — 187 4,128 Other comprehensive income (loss) (443,617) 1,035,674 (9,445) 187 582,799 Balance at June 30, 2024 $ (1,271,213) $ (911,717) $ (4,726) $ (1,964) $ (2,189,620) Six Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2023 $ (1,420,672) $ (1,369,204) $ (1,681) $ 1,244 $ (2,790,313) Other comprehensive income (loss) before reclassifications, net of tax 106,481 (327,597) 3,034 — (218,082) Reclassifications, net of tax 64,792 — — (294) 64,498 Other comprehensive income (loss) 171,273 (327,597) 3,034 (294) (153,584) Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Reclassification Adjustments : Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and six month periods ended June 30, 2024 and 2023. Three Months Ended Six Months Ended June 30, Affected line items in the Statements of Operations Component Line Item 2024 2023 2024 2023 Unrealized investment (gains) losses on available for sale assets: Realized (gains) losses $ 10,217 $ 50,347 $ 9,989 $ 83,471 Realized (gains) losses Amortization of (discount) premium (2,817) (922) (5,001) (1,456) Net investment income Total before tax 7,400 49,425 4,988 82,015 Tax (1,554) (10,379) (1,047) (17,223) Income taxes Total after-tax 5,846 39,046 3,941 64,792 Pension adjustments: Amortization of prior service cost 269 269 538 538 Other operating expense Amortization of actuarial (gain) loss (151) (592) (302) (909) Other operating expense Total before tax 118 (323) 236 (371) Tax (22) 66 (49) 77 Income taxes Total after-tax 96 (257) 187 (294) Total reclassification (after-tax) $ 5,942 $ 38,789 $ 4,128 $ 64,498

Investments

Investments	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investments	1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 18,392 $ 153,759 $ 160,495 $ 332,646 95 70% to 80% — — — — — 81% to 90% 9,637 — — 9,637 3 Greater than 90% 7,035 — — 7,035 2 Total $ 35,064 $ 153,759 $ 160,495 349,318 100 Less allowance for credit losses (5,826) Total, net of allowance for credit losses $ 343,492 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming. December 31, 2023 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 27,091 $ 180,761 $ 58,364 $ 266,216 94 70% to 80% — — — — — 81% to 90% 8,468 — 1,153 9,621 3 Greater than 90% 7,034 — — 7,034 3 Total $ 42,593 $ 180,761 $ 59,517 282,871 100 Less allowance for credit losses (3,672) Total, net of allowance for credit losses $ 279,199 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming. As of June 30, 2024, the Company evaluated the commercial mortgage loan portfolio on a pool basis to determine the allowance for credit losses. At the end of the period, the Company had 33 loans in the portfolio. For the six months ended June 30, 2024, the allowance for credit losses increased by $2.2 million to $5.8 million. The provision for credit losses is included in "Realized gains (losses)" in the Condensed Consolidated Statements of Operations . Three Months Ended Six Months Ended 2024 2023 2024 2023 Allowance for credit losses beginning balance $ 4,546 $ 3,069 $ 3,672 $ 1,789 Provision (reversal) for credit losses 1,280 (141) 2,154 1,139 Allowance for credit losses ending balance $ 5,826 $ 2,928 $ 5,826 $ 2,928 There was one delinquent commercial mortgage loan, with an outstanding par value of $1.2 million and outstanding interest due of $63 thousand, as of June 30, 2024. The underlying collateral for this loan is in the process of being sold and the Company expects to recover all interest and principal due as of June 30, 2024. There were no delinquent commercial mortgage loans as of December 31, 2023. As of June 30, 2024, the Company had two commercial mortgage loans in non-accrual status with a principal balance of $7.9 million. As of December 31, 2023, the Company had no commercial mortgage loans in non-accrual status. The Company's unfunded commitment balance to commercial loan borrowers was $30 million as of June 30, 2024. Other Long-Term Investments : Other long-term investments consist of the following assets: June 30, December 31, 2023 Investment funds $ 915,665 $ 795,583 Other 58,850 40,295 Total $ 974,515 $ 835,878 The following table presents additional information about the Company's investment funds as of June 30, 2024 and December 31, 2023 at fair value: Fair Value Unfunded Commitments Investment Category June 30, December 31, 2023 June 30, Redemption Term/Notice (1) Commercial mortgage loans $ 512,615 $ 411,315 $ 434,040 Fully redeemable and non-redeemable with varying terms. Opportunistic and private credit 186,646 181,410 146,071 Fully redeemable and non-redeemable with varying terms. Infrastructure 171,518 165,887 16,536 Fully redeemable and non-redeemable with varying terms. Other 44,886 36,971 50,757 Non-redeemable with varying terms Total investment funds $ 915,665 $ 795,583 $ 647,404 (1) Non-redeemable funds generally have an expected life of 7 to 12 years from fund closing with extension options of 1 to 4 years. Redemptions are paid out throughout the life of the funds at the General Partner's discretion. Redeemable funds can generally be redeemed over 6 to 36 months upon request from limited partners. The Company had $149 million of capital called during the period from existing investment funds. The Company's unfunded commitments were $647 million as of June 30, 2024." id="sjs-B4">Note 4—Investments Portfolio Composition : Summaries of fixed maturities available for sale by amortized cost, fair value, and allowance for credit losses at June 30, 2024 and December 31, 2023, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) are as follows. Redeemable preferred stock is included within "Corporates, by sector." At June 30, 2024 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 403,341 $ — $ 3 $ (41,886) $ 361,458 2 States, municipalities, and political subdivisions 3,255,829 — 27,781 (473,356) 2,810,254 16 Foreign governments 40,485 — — (10,537) 29,948 — Corporates, by sector: Industrials 8,227,970 (7,132) 117,908 (780,811) 7,557,935 43 Financial 5,051,320 — 72,372 (439,205) 4,684,487 26 Utilities 2,133,247 — 40,493 (124,426) 2,049,314 12 Total corporates 15,412,537 (7,132) 230,773 (1,344,442) 14,291,736 81 Collateralized debt obligations 36,945 — 5,779 — 42,724 — Other asset-backed securities 80,136 — 1 (3,249) 76,888 1 Total fixed maturities $ 19,229,273 $ (7,132) $ 264,337 $ (1,873,470) $ 17,613,008 100 (1) Amount reported in the balance sheet. (2) At fair value. At December 31, 2023 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 398,450 $ — $ 7 $ (32,306) $ 366,151 2 States, municipalities, and political subdivisions 3,296,305 — 47,346 (403,329) 2,940,322 16 Foreign governments 44,453 — 1 (10,348) 34,106 — Corporates, by sector: Industrials 8,016,126 (7,115) 213,078 (566,847) 7,655,242 43 Financial 5,028,151 — 112,368 (388,340) 4,752,179 27 Utilities 2,017,967 — 73,925 (94,130) 1,997,762 11 Total corporates 15,062,244 (7,115) 399,371 (1,049,317) 14,405,183 81 Collateralized debt obligations 37,110 — 5,036 — 42,146 — Other asset-backed securities 86,352 — 3 (4,057) 82,298 1 Total fixed maturities $ 18,924,914 $ (7,115) $ 451,764 $ (1,499,357) $ 17,870,206 100 (1) Amount reported in the balance sheet. (2) At fair value. The Company has exposure to real estate investment trusts with an average rating of BBB+, which had a fair value of $411 million (2% of the total fixed maturity portfolio) and $425 million (2% of the total fixed maturity portfolio) at June 30, 2024 and December 31, 2023, respectively. A schedule of fixed maturities available for sale by contractual maturity date at June 30, 2024, is shown below on an amortized cost basis, net of allowance for credit losses, and on a fair value basis. Actual disposition dates could differ from contractual maturities due to call or prepayment provisions. At June 30, 2024 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 129,415 $ 128,402 Due after one year through five years 734,757 738,610 Due after five years through ten years 1,794,742 1,791,972 Due after ten years through twenty years 8,908,777 8,365,383 Due after twenty years 7,537,335 6,468,995 Mortgage-backed and asset-backed securities 117,115 119,646 $ 19,222,141 $ 17,613,008 Analysis of Investment Operations: "Net investment income" for the three and six month periods ended June 30, 2024 and 2023 is summarized as follows: Three Months Ended Six Months Ended 2024 2023 % Change 2024 2023 % Change Fixed maturities available for sale $ 247,215 $ 234,187 6 $ 493,313 $ 466,486 6 Policy loans 13,084 12,234 7 25,900 23,989 8 Mortgage loans 6,909 4,553 52 13,669 8,556 60 Other long-term investments (1) 18,953 12,383 53 38,616 24,123 60 Short-term investments 3,625 1,820 5,313 3,415 289,786 265,177 9 576,811 526,569 10 Less investment expense (4,150) (3,933) 6 (8,597) (8,220) 5 Net investment income $ 285,636 $ 261,244 9 $ 568,214 $ 518,349 10 (1) For the three months ended June 30, 2024 and 2023, the investment funds, accounted for under the fair value option method, recorded $18.1 million and $12.0 million, respectively, in net investment income. For the six months ended June 30, 2024 and 2023, the investment funds, accounted for under the fair value option method, recorded $37.0 million and $23.3 million, respectively, in net investment income. Refer to Other Long-Term Investments below for further discussion on the investment funds. Selected information about sales of fixed maturities available for sale is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Fixed maturities available for sale: Proceeds from sales (1) $ 483,051 $ 130,119 $ 510,904 $ 145,824 Gross realized gains 3,869 47 4,044 47 Gross realized losses (13,933) (10,503) (13,968) (10,861) (1) There were no unsettled sales in the periods ended June 30, 2024 and 2023. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (10,113) $ (10,606) $ (9,973) $ (10,963) Provision for credit losses (104) (39,741) (16) (72,508) Fair value option—change in fair value (3,691) 5,228 (19,094) 7,086 Mortgage loans (1,280) (3,579) (2,154) (4,859) Other investments 837 (164) 1,151 (378) Realized gains (losses) from investments (14,351) (48,862) (30,086) (81,622) Other gains (losses) 1,762 3,019 5,698 4,852 Total realized gains (losses) (12,589) (45,843) (24,388) (76,770) Applicable tax 2,644 9,627 5,122 16,122 Realized gains (losses), net of tax $ (9,945) $ (36,216) $ (19,266) $ (60,648) (1) During the three months ended June 30, 2024 and 2023, the Company recorded $12.0 million and $17.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. During the six months ended June 30, 2024 and 2023, the Company recorded $78.9 million and $17.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. The following tables represent the fair value of fixed maturities measured on a recurring basis at June 30, 2024 and December 31, 2023: Fair Value Measurement at June 30, 2024: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 361,458 $ — $ 361,458 States, municipalities, and political subdivisions — 2,810,254 — 2,810,254 Foreign governments — 29,948 — 29,948 Corporates, by sector: Industrials — 7,361,270 196,665 7,557,935 Financial — 4,554,292 130,195 4,684,487 Utilities — 1,938,143 111,171 2,049,314 Total corporates — 13,853,705 438,031 14,291,736 Collateralized debt obligations — — 42,724 42,724 Other asset-backed securities — 76,888 — 76,888 Total fixed maturities $ — $ 17,132,253 $ 480,755 $ 17,613,008 Percentage of total — % 97 % 3 % 100 % Fair Value Measurement at December 31, 2023: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 366,151 $ — $ 366,151 States, municipalities, and political subdivisions — 2,940,322 — 2,940,322 Foreign governments — 34,106 — 34,106 Corporates, by sector: Industrials — 7,440,493 214,749 7,655,242 Financial — 4,621,160 131,019 4,752,179 Utilities — 1,888,797 108,965 1,997,762 Total corporates — 13,950,450 454,733 14,405,183 Collateralized debt obligations — — 42,146 42,146 Other asset-backed securities — 82,298 — 82,298 Total fixed maturities $ — $ 17,373,327 $ 496,879 $ 17,870,206 Percentage of total — % 97 % 3 % 100 % The following tables represent changes in fixed maturities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2024 $ — $ 42,146 $ 454,733 $ 496,879 Included in realized gains / losses — — — — Included in other comprehensive income — 742 (9,905) (9,163) Acquisitions — — 14,800 14,800 Sales — — — — Amortization — 2,277 (33) 2,244 Other (1) — (2,441) (21,564) (24,005) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2024 $ — $ 42,724 $ 438,031 $ 480,755 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2023 $ — $ 50,364 $ 478,083 $ 528,447 Included in realized gains / losses — — — — Included in other comprehensive income — (8,042) (1,963) (10,005) Acquisitions — — — — Sales — — — — Amortization — 2,288 3 2,291 Other (1) — (2,305) (14,619) (16,924) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2023 $ — $ 42,305 $ 461,504 $ 503,809 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. The following table presents changes in unrealized gains and losses for the period included in accumulated other comprehensive income for assets held at the end of the reporting period for Level 3 classification: Changes in Unrealized Gains (Losses) included in Accumulated Other Comprehensive Income for Assets Held at the End of the Period Asset- Collateralized Corporates Total At June 30, 2024 $ — $ 742 $ (9,905) $ (9,163) At June 30, 2023 — (8,042) (1,963) (10,005) Unrealized Loss Analysis : The following table discloses information about fixed maturities available for sale in an unrealized loss position. Less than Twelve Months Twelve Months or Longer Total Number of issues (CUSIPs) held: As of June 30, 2024 482 1,676 2,158 As of December 31, 2023 151 1,614 1,765 Globe Life's entire fixed maturity portfolio consisted of 2,552 issues by 981 different issuers at June 30, 2024 and 2,473 issues by 980 different issuers at December 31, 2023. The increase in the number of securities in an unrealized loss position during the period ended June 30, 2024 is due to the increase in interest rates. The weighted-average quality rating of all unrealized loss positions at amortized cost was A- as of June 30, 2024 and December 31, 2023. The following tables disclose unrealized investment losses by class and major sector of fixed maturities available for sale at June 30, 2024 and December 31, 2023. Analysis of Gross Unrealized Investment Losses At June 30, 2024 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 2,304 $ (110) $ 358,980 $ (41,776) $ 361,284 $ (41,886) States, municipalities, and political subdivisions 518,622 (13,082) 1,786,640 (460,274) 2,305,262 (473,356) Foreign governments 1,465 (2) 28,483 (10,535) 29,948 (10,537) Corporates, by sector: Industrials 930,937 (38,817) 4,175,164 (708,164) 5,106,101 (746,981) Financial 617,484 (11,013) 2,230,054 (386,505) 2,847,538 (397,518) Utilities 456,346 (8,729) 718,695 (114,197) 1,175,041 (122,926) Total corporates 2,004,767 (58,559) 7,123,913 (1,208,866) 9,128,680 (1,267,425) Collateralized debt obligations — — — — — — Other asset-backed securities — — 70,874 (3,232) 70,874 (3,232) Total investment grade securities 2,527,158 (71,753) 9,368,890 (1,724,683) 11,896,048 (1,796,436) Below investment grade securities: Corporates, by sector: Industrials 55,327 (953) 142,449 (32,877) 197,776 (33,830) Financial 8,909 (1,196) 192,106 (40,491) 201,015 (41,687) Utilities 8,916 (14) 18,892 (1,486) 27,808 (1,500) Total corporates 73,152 (2,163) 353,447 (74,854) 426,599 (77,017) Collateralized debt obligations — — — — — — Other asset-backed securities — — 5,972 (17) 5,972 (17) Total below investment grade securities 73,152 (2,163) 359,419 (74,871) 432,571 (77,034) Total fixed maturities $ 2,600,310 $ (73,916) $ 9,728,309 $ (1,799,554) $ 12,328,619 $ (1,873,470) Gross unrealized losses may fluctuate quarter over quarter due to factors in the market that affect our holdings, such as changes in interest rates or credit spreads. The Company considers many factors when determining whether an allowance for a credit loss should be recorded. While the Company holds securities that may be in an unrealized loss position from time to time, Globe Life does not generally intend to sell and it is unlikely that the Company will be required to sell the fixed maturities prior to their anticipated recovery or maturity due to the strong cash flows generated by its insurance operations. Analysis of Gross Unrealized Investment Losses At December 31, 2023 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ — $ 364,006 $ (32,306) $ 364,006 $ (32,306) States, municipalities, and political subdivisions 252,800 (3,520) 1,610,163 (399,809) 1,862,963 (403,329) Foreign governments — — 32,591 (10,348) 32,591 (10,348) Corporates, by sector: Industrials 191,573 (3,881) 4,317,827 (530,011) 4,509,400 (533,892) Financial 242,099 (6,584) 2,341,424 (339,628) 2,583,523 (346,212) Utilities 81,194 (648) 686,043 (91,959) 767,237 (92,607) Total corporates 514,866 (11,113) 7,345,294 (961,598) 7,860,160 (972,711) Collateralized debt obligations — — — — — — Other asset-backed securities — — 70,956 (3,648) 70,956 (3,648) Total investment grade securities 767,666 (14,633) 9,423,010 (1,407,709) 10,190,676 (1,422,342) Below investment grade securities: Corporates, by sector: Industrials 10,745 (199) 145,697 (32,756) 156,442 (32,955) Financial 25,563 (2,602) 151,190 (39,526) 176,753 (42,128) Utilities — — 19,654 (1,523) 19,654 (1,523) Total corporates 36,308 (2,801) 316,541 (73,805) 352,849 (76,606) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,288 (409) 11,288 (409) Total below investment grade securities 36,308 (2,801) 327,829 (74,214) 364,137 (77,015) Total fixed maturities $ 803,974 $ (17,434) $ 9,750,839 $ (1,481,923) $ 10,554,813 $ (1,499,357) Fixed Maturities, Allowance for Credit Losses : A summary of the activity in the allowance for credit losses is as follows. Three Months Ended Six Months Ended 2024 2023 2024 2023 Allowance for credit losses beginning balance $ 7,027 $ 32,767 $ 7,115 $ — Additions to allowance for which credit losses were not previously recorded — 38,228 — 72,508 Additions (reductions) to allowance for fixed maturities that previously had an allowance 105 1,513 17 — Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period — — — — Allowance for credit losses ending balance $ 7,132 $ 72,508 $ 7,132 $ 72,508 As of June 30, 2024 and December 31, 2023, the Company did not have any fixed maturities in non-accrual status. Mortgage Loans (commercial mortgage loans) : Summaries of commercial mortgage loans by property type and geographical location at June 30, 2024 and December 31, 2023 are as follows: June 30, 2024 December 31, 2023 Carrying Value % of Total Carrying Value % of Total Property type: Multi-family $ 117,508 34 $ 116,299 42 Industrial 95,496 28 57,267 20 Retail 47,853 14 23,925 9 Hospitality 43,651 13 43,897 16 Mixed use 38,317 11 34,749 12 Office 6,493 2 6,734 2 Total recorded investment 349,318 102 282,871 101 Less allowance for credit losses (5,826) (2) (3,672) (1) Carrying value, net of allowance for credit losses $ 343,492 100 $ 279,199 100 June 30, 2024 December 31, 2023 Carrying Value % of Total Carrying Value % of Total Geographic location: Texas $ 71,659 21 $ 45,111 16 Florida 71,130 21 48,233 17 New Jersey 44,611 13 44,574 16 California 40,210 12 54,721 20 New York 35,815 10 20,284 7 North Carolina 21,614 6 — — Other 64,279 19 69,948 25 Total recorded investment 349,318 102 282,871 101 Less allowance for credit losses (5,826) (2) (3,672) (1) Carrying value, net of allowance for credit losses $ 343,492 100 $ 279,199 100 The following tables are reflective of the key factors, debt service coverage ratios, and loan-to-value (LTV) ratios that are utilized by management to monitor the performance of the portfolios. The Company only makes new investments in commercial mortgage loans that have a LTV ratio less than 80%. LTV's that exceed 80% are generally as a result of decreases in the valuation of the underlying property. Generally, a higher LTV ratio and a lower debt service coverage ratio equates to higher risk of loss. June 30, 2024 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 18,392 $ 153,759 $ 160,495 $ 332,646 95 70% to 80% — — — — — 81% to 90% 9,637 — — 9,637 3 Greater than 90% 7,035 — — 7,035 2 Total $ 35,064 $ 153,759 $ 160,495 349,318 100 Less allowance for credit losses (5,826) Total, net of allowance for credit losses $ 343,492 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming. December 31, 2023 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 27,091 $ 180,761 $ 58,364 $ 266,216 94 70% to 80% — — — — — 81% to 90% 8,468 — 1,153 9,621 3 Greater than 90% 7,034 — — 7,034 3 Total $ 42,593 $ 180,761 $ 59,517 282,871 100 Less allowance for credit losses (3,672) Total, net of allowance for credit losses $ 279,199 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming. As of June 30, 2024, the Company evaluated the commercial mortgage loan portfolio on a pool basis to determine the allowance for credit losses. At the end of the period, the Company had 33 loans in the portfolio. For the six months ended June 30, 2024, the allowance for credit losses increased by $2.2 million to $5.8 million. The provision for credit losses is included in "Realized gains (losses)" in the Condensed Consolidated Statements of Operations . Three Months Ended Six Months Ended 2024 2023 2024 2023 Allowance for credit losses beginning balance $ 4,546 $ 3,069 $ 3,672 $ 1,789 Provision (reversal) for credit losses 1,280 (141) 2,154 1,139 Allowance for credit losses ending balance $ 5,826 $ 2,928 $ 5,826 $ 2,928 There was one delinquent commercial mortgage loan, with an outstanding par value of $1.2 million and outstanding interest due of $63 thousand, as of June 30, 2024. The underlying collateral for this loan is in the process of being sold and the Company expects to recover all interest and principal due as of June 30, 2024. There were no delinquent commercial mortgage loans as of December 31, 2023. As of June 30, 2024, the Company had two commercial mortgage loans in non-accrual status with a principal balance of $7.9 million. As of December 31, 2023, the Company had no commercial mortgage loans in non-accrual status. The Company's unfunded commitment balance to commercial loan borrowers was $30 million as of June 30, 2024. Other Long-Term Investments : Other long-term investments consist of the following assets: June 30, December 31, 2023 Investment funds $ 915,665 $ 795,583 Other 58,850 40,295 Total $ 974,515 $ 835,878 The following table presents additional information about the Company's investment funds as of June 30, 2024 and December 31, 2023 at fair value: Fair Value Unfunded Commitments Investment Category June 30, December 31, 2023 June 30, Redemption Term/Notice (1) Commercial mortgage loans $ 512,615 $ 411,315 $ 434,040 Fully redeemable and non-redeemable with varying terms. Opportunistic and private credit 186,646 181,410 146,071 Fully redeemable and non-redeemable with varying terms. Infrastructure 171,518 165,887 16,536 Fully redeemable and non-redeemable with varying terms. Other 44,886 36,971 50,757 Non-redeemable with varying terms Total investment funds $ 915,665 $ 795,583 $ 647,404 (1) Non-redeemable funds generally have an expected life of 7 to 12 years from fund closing with extension options of 1 to 4 years. Redemptions are paid out throughout the life of the funds at the General Partner's discretion. Redeemable funds can generally be redeemed over 6 to 36 months upon request from limited partners. The Company had $149 million of capital called during the period from existing investment funds. The Company's unfunded commitments were $647 million as of June 30, 2024.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 5—Commitments and Contingencies Guarantees : The Parent Company has guaranteed letters of credit in connection with its credit facility with a group of banks. The letters of credit were issued by TMK Re, Ltd., a wholly-owned subsidiary, to secure TMK Re, Ltd.’s obligation for claims on certain policies reinsured by TMK Re, Ltd. that were sold by other Globe Life insurance subsidiaries. These letters of credit facilitate TMK Re, Ltd.’s ability to reinsure the business of Globe Life's insurance carriers . The agreement was amended on March 29, 2024 and now expires in 2029. The maximum amount of letters of credit available is $250 million. The Parent Company would be liable to the extent that TMK Re, Ltd. does not pay the reinsured party. The amount of letters of credit outstanding at June 30, 2024 was $115 million. Litigation : Globe Life Inc. and its subsidiaries, in common with the insurance industry in general, are subject to litigation, including: putative class action litigation; alleged breaches of contract; torts, including bad faith and fraud claims based on alleged wrongful or fraudulent acts of agents of the Parent Company's insurance subsidiaries; alleged employment discrimination; alleged worker misclassification; and miscellaneous other causes of action. Based upon information presently available, and in light of legal and other factual defenses available to the Parent Company and its subsidiaries, management does not believe that it is reasonably possible that such litigation will have a material adverse effect on Globe Life's financial condition, future operating results or liquidity; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. This bespeaks caution, particularly in states with reputations for high punitive damage verdicts. On July 22, 2022, putative class and collective action litigation was filed against Arias Agencies and American Income Life Insurance Company (“American Income”) (collectively, “Defendants”) in United States District Court for the Western District of Pennsylvania ( David Burkes v. Arias Agencies and American Income Life Insurance Company , Case No. 2:22-cv-1054). The complaint alleges that insurance agent trainees should have been classified as employees, and after contracting should have been classified as employees instead of independent contractors. Plaintiff David Burkes is a former Pennsylvania independent sales agent and asserts claims under Pennsylvania law on behalf of a putative class of all individuals who trained to become and/or worked as sales agents for American Income in the three years prior to July 22, 2022 through case conclusion. Burkes makes claims (a) under the Pennsylvania Minimum Wage Act and the Pennsylvania Wage Payment and Collection Law for the alleged failure to pay minimum wage, alleged failure to pay for time spent in training, alleged failure to pay for missed meals and rest breaks, allegedly requiring putative class members to pay for work-related expenses, and allegedly subjecting putative class members to “chargebacks”; (b) for unjust enrichment for allegedly benefiting from the uncompensated labor of putative class members; and (c) for the rescission of putative class members’ agent contracts. Burkes also asserts a collective action on behalf of the same group of individuals for minimum wage, overtime, liquidated damages, and attorney’s fees and costs under the Fair Labor Standards Act for the three years prior to July 22, 2022 through case conclusion, as well as a claim that American Income allegedly did not keep accurate records of hours worked by sales agents. On January 26, 2023, the court entered an order compelling Burkes to arbitrate his claims on an individual basis and staying the case pending completion of arbitration. Burkes’ individual claims, as well as the individual claims of other current and former agents who are members of the putative class, are currently pending in arbitration. On September 1, 2023, plaintiff Miné Caglar Cost (“Plaintiff”) filed a complaint against American Income Life Insurance Company (“American Income”) in the Superior Court of the State of California for the County of Los Angeles, asserting a single claim for violation of the Private Attorneys General Act (“PAGA”) ( Cost v. American Income Life Insurance Company , et al. , Case No. 23SMCV04113). Plaintiff is a former California independent insurance sales agent who alleges one cause of action for civil penalties under PAGA arising out of alleged violations of the wage-and-hour provisions of the California Labor Code stemming from American Income’s alleged misclassification of Plaintiff and other California-based sales agents as independent contractors. American Income filed a motion to compel arbitration on an individual basis and stay the representative component of Plaintiff’s claims, to which Plaintiff stipulated. On December 12, 2023, the Court approved the parties’ stipulation to compel the matter to individual arbitration and stayed the case pending the completion of the individual arbitration. On April 4, 2023, putative class action litigation was filed against National Income Life Insurance Company (“National Income”) in New York Supreme Court by plaintiffs Melissa K. Goppert, Sarah Valente, James O’Neill, Jennifer Abe, and Emily Herendeen (“Plaintiffs”) ( Goppert, et al. v. National Income Life Insurance Company , Index No. 153096/2023). Plaintiffs are former National Income independent sales agents who allege they should have been classified as employees and assert claims under New York state law on behalf of a putative class of former independent sales agents and individuals who trained to become independent sale agents since March 2017. Plaintiffs make claims under New York’s Minimum Wage Law (NYLL § 633 and 12 NYCRR § 142-2.1); Overtime Compensation Law (NYLL § 633 and 12 NYCRR § 142-2.2); and “Spread of Hours” Law (12 NYCRR § 142-2.4) for the alleged failure to pay minimum wages and overtime pay, including for time spent in training, and attorney’s fees and costs. National Income filed a motion to compel arbitration of each Plaintiff’s claims on an individual basis, which the Court granted in full on January 11, 2024, and on February 7, 2024, Plaintiffs filed a notice of appeal of the Court’s order. On November 30, 2023, the Company and our subsidiary, American Income Life Insurance Company, received subpoenas from the U.S. Attorney’s Office for the Western District of Pennsylvania, seeking documents relating to sales practices by certain of our independent sales agents contracted to sell American Income Life Insurance Company policies. The Company and American Income Life Insurance Company continue to fully cooperate in responding to the Department of Justice’s requests. The Department of Justice has not asserted any claims or made allegations against the Company and American Income Life Insurance Company, and the Company currently is not aware that any legal proceedings are contemplated by governmental authorities. While no assurances can be made, at present management does not believe that it is reasonably possible or probable that this matter will result in a material loss. In April 2024, the Company received an inquiry from the SEC's Fort Worth Regional Office requesting information related to recent short seller reports making allegations about the Company. The Company has provided information in response to the SEC’s requests and continues to cooperate fully with the SEC. At this time, the SEC has not asserted any claims against the Company or indicated that it intends to do so. While no assurances can be made, at present management does not believe that it is reasonably possible or probable that this matter will result in a material loss. On April 30, 2024, a putative securities class action was filed against the Company and six of its current/former senior executives and directors in the United States District Court for the Eastern District of Texas. The case, which is captioned City of Miami Gen. Emp. & Sanitation Emp. Ret. Trust, et al. v. Globe Life Inc., et al. , Case No. 4:24-cv-00376, asserts claims under §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of a putative class of purchasers of the Company’s securities from May 8, 2019 through April 10, 2024. The Complaint alleges that certain of the Company’s disclosures about financial performance and certain other public statements during the putative class period were materially false or misleading. On May 16, 2024, the Court entered an order staying proceedings pending the appointment of Lead Plaintiff and Lead Counsel for the putative class of shareholders. The Company plans to vigorously defend against the lawsuit. Pursuant to the Company’s governing documents and indemnification agreements with the named defendants, the Company has agreed to indemnify those defendants for all expenses and losses related to the litigation subject to the terms of those indemnification agreements. The outcome of litigation of this type is inherently uncertain, and there is always the possibility that a court rules in a manner that is adverse to the interests of the Company and the individual defendants. However, the amount of any such loss in that scenario cannot be reasonably estimated at this time. Further, management cannot reasonably estimate whether an outcome on the class action will be resolved in the near term.

Policy Liabilities

Policy Liabilities	6 Months Ended
	Jun. 30, 2024
Policyholder Account Balance [Abstract]
Policy Liabilities	Note 6—Policy Liabilities The liability for future policy benefits is determined based on the net level premium method, which requires the liability be calculated as the present value of estimated future policyholder benefits and the related termination expenses, less the present value of estimated future net premiums to be collected from policyholders. The following tables summarize balances and changes in the net liability for future policy benefits, before reinsurance, for traditional life long-duration contracts for the three and six month periods ended June 30, 2024 and 2023: Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 4,273,156 $ 5,910,224 $ 1,094,407 $ 470,741 $ 11,748,528 Beginning balance at original discount rates 4,246,723 5,680,864 1,066,123 449,209 11,442,919 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (69,352) (128,602) (15,593) (6,650) (220,197) Adjusted balance at January 1, 2023 4,177,371 5,552,262 1,050,530 442,559 11,222,722 Issuances (1) 376,021 313,748 60,848 14,611 765,228 Interest accrual (2) 96,850 142,473 26,655 11,331 277,309 Net premiums collected (3) (256,959) (308,129) (66,472) (23,026) (654,586) Effect of changes in the foreign exchange rate 5,770 — — — 5,770 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Balance at January 1, 2024 $ 4,681,888 $ 6,052,651 $ 1,129,716 $ 478,052 $ 12,342,307 Beginning balance at original discount rates 4,523,329 5,664,259 1,077,831 443,949 11,709,368 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (113,699) (122,971) (17,268) (7,321) (261,259) Adjusted balance at January 1, 2024 4,409,630 5,541,288 1,060,563 436,628 11,448,109 Issuances (1) 412,701 287,040 60,219 12,156 772,116 Interest accrual (2) 109,168 147,351 27,775 11,505 295,799 Net premiums collected (3) (274,166) (305,391) (67,915) (22,738) (670,210) Effect of changes in the foreign exchange rate (9,222) — — — (9,222) Ending balance at original discount rates 4,648,111 5,670,288 1,080,642 437,551 11,836,592 Effect of change from original to current discount rates (12,208) 140,230 4,591 12,332 144,945 Balance at June 30, 2024 $ 4,635,903 $ 5,810,518 $ 1,085,233 $ 449,883 $ 11,981,537 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 4,467,637 $ 6,110,550 $ 1,128,083 $ 483,056 $ 12,189,326 Beginning balance at original discount rates 4,325,957 5,718,900 1,070,775 448,677 11,564,309 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (39,371) (80,616) (10,004) (4,764) (134,755) Adjusted balance at April 1, 2023 4,286,586 5,638,284 1,060,771 443,913 11,429,554 Issuances (1) 183,466 144,796 30,706 7,370 366,338 Interest accrual (2) 48,952 71,484 13,368 5,661 139,465 Net premiums collected (3) (129,720) (154,210) (33,284) (11,469) (328,683) Effect of changes in the foreign exchange rate 9,769 — — — 9,769 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Balance at April 1, 2024 $ 4,652,671 $ 5,945,259 $ 1,102,209 $ 464,169 $ 12,164,308 Beginning balance at original discount rates 4,596,138 5,698,050 1,073,485 442,392 11,810,065 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (65,450) (86,743) (6,820) (5,471) (164,484) Adjusted balance at April 1, 2024 4,530,688 5,611,307 1,066,665 436,921 11,645,581 Issuances (1) 200,853 137,809 34,056 6,227 378,945 Interest accrual (2) 55,345 73,931 13,936 5,741 148,953 Net premiums collected (3) (138,480) (152,759) (34,015) (11,338) (336,592) Effect of changes in the foreign exchange rate (295) — — — (295) Ending balance at original discount rates 4,648,111 5,670,288 1,080,642 437,551 11,836,592 Effect of change from original to current discount rates (12,208) 140,230 4,591 12,332 144,945 Balance at June 30, 2024 $ 4,635,903 $ 5,810,518 $ 1,085,233 $ 449,883 $ 11,981,537 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 9,119,104 $ 9,225,451 $ 3,429,256 $ 3,976,150 $ 25,749,961 Beginning balance at original discount rates 8,409,761 8,477,892 3,272,980 3,403,704 23,564,337 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (72,388) (130,006) (13,119) (8,367) (223,880) Adjusted balance at January 1, 2023 8,337,373 8,347,886 3,259,861 3,395,337 23,340,457 Issuances (1) 376,021 313,749 60,848 14,611 765,229 Interest accrual (2) 220,666 226,661 86,722 101,129 635,178 Benefit payments (3) (194,971) (295,399) (109,650) (62,586) (662,606) Effect of changes in the foreign exchange rate 14,437 — — — 14,437 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Balance at January 1, 2024 $ 10,163,627 $ 9,714,516 $ 3,605,392 $ 4,239,623 $ 27,723,158 Beginning balance at original discount rates 9,061,833 8,656,752 3,338,252 3,506,859 24,563,696 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (121,945) (129,976) (19,337) (10,212) (281,470) Adjusted balance at January 1, 2024 8,939,888 8,526,776 3,318,915 3,496,647 24,282,226 Issuances (1) 412,703 287,041 60,221 12,156 772,121 Interest accrual (2) 243,096 236,977 89,276 104,571 673,920 Benefit payments (3) (220,560) (301,894) (111,881) (68,051) (702,386) Effect of changes in the foreign exchange rate (21,601) — — — (21,601) Ending balance at original discount rates 9,353,526 8,748,900 3,356,531 3,545,323 25,004,280 Effect of change from original to current discount rates 457,881 540,934 68,237 436,575 1,503,627 Balance at June 30, 2024 $ 9,811,407 $ 9,289,834 $ 3,424,768 $ 3,981,898 $ 26,507,907 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, surrender, and maturity benefit payments based on the revised expected assumptions. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 9,637,463 $ 9,624,680 $ 3,559,012 $ 4,166,527 $ 26,987,682 Beginning balance at original discount rates 8,573,734 8,563,604 3,284,594 3,427,535 23,849,467 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (40,862) (81,059) (6,065) (5,471) (133,457) Adjusted balance at April 1, 2023 8,532,872 8,482,545 3,278,529 3,422,064 23,716,010 Issuances (1) 183,466 144,797 30,706 7,370 366,339 Interest accrual (2) 111,337 113,893 43,466 50,751 319,447 Benefit payments (3) (98,297) (148,338) (54,920) (31,694) (333,249) Effect of changes in the foreign exchange rate 24,148 — — — 24,148 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Balance at April 1, 2024 $ 9,958,093 $ 9,500,215 $ 3,499,742 $ 4,103,892 $ 27,061,942 Beginning balance at original discount rates 9,216,265 8,728,403 3,340,412 3,527,882 24,812,962 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (69,724) (93,532) (8,889) (7,345) (179,490) Adjusted balance at April 1, 2024 9,146,541 8,634,871 3,331,523 3,520,537 24,633,472 Issuances (1) 200,858 137,810 34,057 6,224 378,949 Interest accrual (2) 122,894 119,052 44,723 52,436 339,105 Benefit payments (3) (115,802) (142,833) (53,772) (33,874) (346,281) Effect of changes in the foreign exchange rate (965) — — — (965) Ending balance at original discount rates 9,353,526 8,748,900 3,356,531 3,545,323 25,004,280 Effect of change from original to current discount rates 457,881 540,934 68,237 436,575 1,503,627 Balance at June 30, 2024 $ 9,811,407 $ 9,289,834 $ 3,424,768 $ 3,981,898 $ 26,507,907 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, surrender, and maturity benefit payments based on the revised expected assumptions. Life (2) Net liability for future policy benefits as of June 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,354,473 $ 2,892,543 $ 2,226,220 $ 3,003,016 $ 12,476,252 Effect of changes in discount rate assumptions 840,887 606,113 171,608 635,411 2,254,019 Other adjustments (1) 72 4,750 7,639 35 12,496 Net liability for future policy benefits, after other adjustments, at current discount rates 5,195,432 3,503,406 2,405,467 3,638,462 14,742,767 Reinsurance recoverable (142) — (7,581) (36,472) (44,195) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 5,195,290 $ 3,503,406 $ 2,397,886 $ 3,601,990 $ 14,698,572 (1) Other adjustments include the Company's effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction noted below. Life Net liability for future policy benefits as of June 30, 2024 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,705,415 $ 3,078,612 $ 2,275,889 $ 3,107,772 $ 13,167,688 Effect of changes in discount rate assumptions 470,089 400,704 63,646 424,243 1,358,682 Other adjustments (1) 194 — — 34 228 Net liability for future policy benefits, after other adjustments, at current discount rates 5,175,698 3,479,316 2,339,535 3,532,049 14,526,598 Reinsurance recoverable (170) — (7,830) (35,403) (43,403) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 5,175,528 $ 3,479,316 $ 2,331,705 $ 3,496,646 $ 14,483,195 (1) Other adjustments include the Company's effects of flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for the three and six month periods ended June 30, 2024 and 2023: Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 2,908,501 $ 1,594,992 $ 423,490 $ 190,296 $ 90,143 $ 5,207,422 Beginning balance at original discount rates 2,941,261 1,729,219 415,442 192,631 87,751 5,366,304 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (28,923) (34,394) (27,833) (5,249) (1,895) (98,294) Adjusted balance at January 1, 2023 2,912,338 1,694,825 387,609 187,382 85,856 5,268,010 Issuances (1) 143,716 132,346 28,191 20,787 4,215 329,255 Interest accrual (2) 63,854 32,819 9,666 4,134 2,118 112,591 Net premiums collected (3) (134,248) (88,784) (25,286) (10,981) (5,349) (264,648) Effect of changes in the foreign exchange rate — — — 387 — 387 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Balance at January 1, 2024 $ 3,697,771 $ 1,711,741 $ 358,472 $ 206,381 $ 115,363 $ 6,089,728 Beginning balance at original discount rates 3,625,803 1,783,173 348,570 201,869 109,880 6,069,295 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (37,074) (31,290) (21,165) (7,058) (2,462) (99,049) Adjusted balance at January 1, 2024 3,588,729 1,751,883 327,405 194,811 107,418 5,970,246 Issuances (1) 191,794 128,874 29,015 22,124 8,503 380,310 Interest accrual (2) 84,630 36,717 8,347 4,642 2,760 137,096 Net premiums collected (3) (145,045) (93,746) (25,833) (11,871) (5,434) (281,929) Effect of changes in the foreign exchange rate — — — (839) — (839) Ending balance at original discount rates 3,720,108 1,823,728 338,934 208,867 113,247 6,204,884 Effect of change from original to current discount rates (61,617) (132,931) (1,193) (2,978) 1,629 (197,090) Balance at June 30, 2024 $ 3,658,491 $ 1,690,797 $ 337,741 $ 205,889 $ 114,876 $ 6,007,794 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 2,997,723 $ 1,664,414 $ 421,447 $ 200,666 $ 90,243 $ 5,374,493 Beginning balance at original discount rates 2,948,641 1,750,468 404,647 197,446 85,966 5,387,168 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 5,210 (15,636) (11,249) (3,629) 679 (24,625) Adjusted balance at April 1, 2023 2,953,851 1,734,832 393,398 193,817 86,645 5,362,543 Issuances (1) 67,875 64,559 14,888 10,575 1,823 159,720 Interest accrual (2) 32,267 16,620 4,776 2,098 1,061 56,822 Net premiums collected (3) (68,333) (44,805) (12,882) (5,556) (2,689) (134,265) Effect of changes in the foreign exchange rate — — — 775 — 775 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Balance at April 1, 2024 $ 3,653,395 $ 1,694,026 $ 345,441 $ 203,795 $ 113,879 $ 6,010,536 Beginning balance at original discount rates 3,661,448 1,801,792 342,165 203,850 110,863 6,120,118 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,458 (14,197) (9,755) (3,508) (144) (24,146) Adjusted balance at April 1, 2024 3,664,906 1,787,595 332,410 200,342 110,719 6,095,972 Issuances (1) 87,190 64,865 15,457 12,174 3,893 183,579 Interest accrual (2) 42,808 18,614 4,119 2,360 1,392 69,293 Net premiums collected (3) (74,796) (47,346) (13,052) (6,032) (2,757) (143,983) Effect of changes in the foreign exchange rate — — — 23 — 23 Ending balance at original discount rates 3,720,108 1,823,728 338,934 208,867 113,247 6,204,884 Effect of change from original to current discount rates (61,617) (132,931) (1,193) (2,978) 1,629 (197,090) Balance at June 30, 2024 $ 3,658,491 $ 1,690,797 $ 337,741 $ 205,889 $ 114,876 $ 6,007,794 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 3,046,829 $ 3,005,664 $ 941,574 $ 312,750 $ 87,532 $ 7,394,349 Beginning balance at original discount rates 3,080,633 3,336,344 904,865 303,713 85,212 7,710,767 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (27,940) (36,292) (27,018) (6,018) (1,830) (99,098) Adjusted balance at January 1, 2023 3,052,693 3,300,052 877,847 297,695 83,382 7,611,669 Issuances (1) 143,404 132,346 27,901 20,787 4,208 328,646 Interest accrual (2) 67,592 65,320 23,526 7,389 2,118 165,945 Benefit payments (3) (146,921) (61,551) (48,395) (11,660) (6,520) (275,047) Effect of changes in the foreign exchange rate — — — 876 — 876 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Balance at January 1, 2024 $ 3,814,328 $ 3,315,880 $ 865,808 $ 335,504 $ 109,482 $ 8,441,002 Beginning balance at original discount rates 3,741,530 3,506,689 816,819 315,431 104,501 8,484,970 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (36,684) (35,000) (21,424) (8,179) (2,326) (103,613) Adjusted balance at January 1, 2024 3,704,846 3,471,689 795,395 307,252 102,175 8,381,357 Issuances (1) 191,231 128,875 28,604 22,126 8,485 379,321 Interest accrual (2) 87,778 72,179 21,549 7,956 2,760 192,222 Benefit payments (3) (160,345) (67,428) (46,232) (13,072) (6,277) (293,354) Effect of changes in the foreign exchange rate — — — (1,556) — (1,556) Ending balance at original discount rates 3,823,510 3,605,315 799,316 322,706 107,143 8,657,990 Effect of change from original to current discount rates (65,023) (355,849) 16,462 5,730 1,474 (397,206) Balance at June 30, 2024 $ 3,758,487 $ 3,249,466 $ 815,778 $ 328,436 $ 108,617 $ 8,260,784 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period based on the revised expected assumptions. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 3,132,462 $ 3,174,672 $ 949,996 $ 326,533 $ 87,090 $ 7,670,753 Beginning balance at original discount rates 3,079,790 3,387,380 890,019 308,170 83,001 7,748,360 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,503 (16,513) (11,023) (4,439) 472 (28,000) Adjusted balance at April 1, 2023 3,083,293 3,370,867 878,996 303,731 83,473 7,720,360 Issuances (1) 67,721 64,559 14,616 10,575 1,820 159,291 Interest accrual (2) 34,112 33,031 11,686 3,721 1,061 83,611 Benefit payments (3) (68,358) (32,290) (24,419) (4,523) (3,166) (132,756) Effect of changes in the foreign exchange rate — — — 1,583 — 1,583 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Balance at April 1, 2024 $ 3,756,534 $ 3,271,604 $ 834,006 $ 328,783 $ 107,775 $ 8,298,702 Beginning balance at original discount rates 3,766,995 3,554,274 804,316 317,365 105,050 8,548,000 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,641 (15,951) (8,603) (4,177) (5) (25,095) Adjusted balance at April 1, 2024 3,770,636 3,538,323 795,713 313,188 105,045 8,522,905 Issuances (1) 86,801 64,866 15,255 12,177 3,887 182,986 Interest accrual (2) 44,334 36,517 10,716 4,019 1,392 96,978 Benefit payments (3) (78,261) (34,391) (22,368) (6,670) (3,181) (144,871) Effect of changes in the foreign exchange rate — — — (8) — (8) Ending balance at original discount rates 3,823,510 3,605,315 799,316 322,706 107,143 8,657,990 Effect of change from original to current discount rates (65,023) (355,849) 16,462 5,730 1,474 (397,206) Balance at June 30, 2024 $ 3,758,487 $ 3,249,466 $ 815,778 $ 328,436 $ 108,617 $ 8,260,784 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the based on the revised expected assumptions. Health (2) Net liability for future policy benefits as of June 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 131,108 $ 1,664,961 $ 480,699 $ 113,378 $ (3,652) $ 2,386,494 Effect of changes in discount rate assumptions 727 (158,520) 32,898 13,357 (166) (111,704) Other adjustments (1) 4,702 69 6,049 605 4,645 16,070 Net liability for future policy benefits, after other adjustments, at current discount rates 136,537 1,506,510 519,646 127,340 827 2,290,860 Reinsurance recoverable (3,598) (9,866) (1,378) — — (14,842) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 132,939 $ 1,496,644 $ 518,268 $ 127,340 $ 827 $ 2,276,018 (1) Other adjustments include the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction noted below. Health Net liability for future policy benefits as of June 30, 2024 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 103,402 1,781,587 460,382 113,839 (6,104) 2,453,106 Effect of changes in discount rate assumptions (3,406) (222,918) 17,655 8,708 (155) (200,116) Other adjustments (1) 14,032 52 9,169 933 6,952 31,138 Net liability for future policy benefits, after other adjustments, at current discount rates 114,028 1,558,721 487,206 123,480 693 2,284,128 Reinsurance recoverable (2,905) (10,470) (1,114) — — (14,489) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 111,123 $ 1,548,251 $ 486,092 $ 123,480 $ 693 $ 2,269,639 (1) Other adjustments include the effects of flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). Immaterial Correction of Previously Issued Financial Statements —The Company previously presented reinsurance recoverable on a net basis as a component of future policy benefits. In the fourth quarter of 2023, the Company corrected its presentation of reinsurance recoverable to a gross basis as a component of other assets, which resulted in the reclassification of $60 million of reinsurance recoverable at current discount rates from liabilities to assets ($50 million at original discount rates) as of June 30, 2023, with no change to equity, and the related tables in the footnote have been adjusted to reflect such changes. Remeasurement Gain or Loss —During the three months ended June 30, 2024 and 2023, the Company's results for actual variances from expected experience produced a net reserve remeasurement gain of $15.6 million and a net reserve remeasurement gain of $5.0 million, respectively, in the Condensed Consolidated Statements of Operations . During the six months ended June 30, 2024 and 2023, the Company's results for actual variances from expected experience produced a net reserve remeasurement gain of $23.7 million and a net reserve remeasurement gain of $5.6 million, respectively, in the Condensed Consolidated Statements of Operations . The variance of actual experience from expected experience during the first six months of 2024 was primarily due to favorable variances from our assumptions as compared to actual experience in our life insurance segment (a $17.3 million gain), and favorable variances from our assumptions as compared to actual experience in our health insurance segment (a $6.5 million gain). The variance of actual experience from expected experience during the six months ended 2023 was primarily due to favorable variances from our assumptions of life experience as compared to actual experience in our life insurance segment (a $5.1 million gain), and favorable variances from our assumptions of health experience as compared to actual experience in our health insurance segment (a $0.5 million gain). There were no changes to the judgments, assumptions, and methods used in measuring the liability for future policy benefits during the six months ended June 30, 2024 and 2023. The following table reconciles the liability for future policy benefits to the Condensed Consolidated Balance Sheets as of June 30, 2024 and 2023: At Original Discount Rates At Current Discount Rates As of June 30, As of June 30, 2024 2023 (2) 2024 2023 (2) Life (1) : American Income $ 4,705,606 $ 4,354,545 $ 5,175,698 $ 5,195,432 Direct to Consumer 3,078,612 2,892,543 3,479,316 3,503,406 Liberty National 2,275,889 2,226,220 2,339,535 2,405,467 Other 3,107,805 3,003,041 3,532,049 3,638,462 Net liability for future policy benefits—long duration life 13,167,912 12,476,349 14,526,598 14,742,767 Health (1) : United American 115,771 134,120 114,028 136,537 Family Heritage 1,781,632 1,665,025 1,558,721 1,506,510 Liberty National 469,145 485,797 487,206 519,646 American Income 114,716 113,981 123,480 127,340 Direct to Consumer 673 798 693 827 Net liability for future policy benefits—long duration health 2,481,937 2,399,721 2,284,128 2,290,860 Deferred profit liability 176,123 172,531 176,123 172,531 Deferred annuity 706,022 853,064 706,022 853,064 Interest sensitive life 728,097 736,920 728,097 736,920 Other 9,702 9,906 9,704 9,909 Total future policy benefits $ 17,269,793 $ 16,648,491 $ 18,430,672 $ 18,806,051 (1) Balances are presented net of the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction for reinsurance as noted above. The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the additional insurance liabilities as of June 30, 2024 and 2023: As of June 30, 2024 2023 Original discount rate Current discount rate Original discount rate Current discount rate Life American Income 5.7 % 5.3 % 5.8 % 5.0 % Direct to Consumer 6.0 % 5.4 % 6.0 % 5.1 % Liberty National 5.6 % 5.4 % 5.6 % 5.1 % Other 6.2 % 5.4 % 6.2 % 5.1 % Health United American 5.1 % 5.2 % 5.1 % 4.9 % Family Heritage 4.2 % 5.3 % 4.3 % 5.1 % Liberty National 5.8 % 5.4 % 5.8 % 5.1 % American Income 5.8 % 5.2 % 5.9 % 4.9 % Direct to Consumer 5.1 % 5.2 % 5.1 % 4.9 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of June 30, 2024 and 2023: As of June 30, 2024 2023 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 23.03 23.17 22.91 23.45 Direct to Consumer 19.44 20.66 20.12 21.81 Liberty National 15.22 15.40 14.97 15.69 Other 16.10 17.23 16.44 18.19 Health United American 11.59 10.64 11.37 10.79 Family Heritage 15.16 14.21 14.87 14.41 Liberty National 9.26 9.26 9.34 9.68 American Income 12.35 12.55 12.12 12.73 Direct to Consumer 11.59 10.64 11.37 10.79 The following tables summarize the amount of gross premiums and interest related to long duration life and health contracts that are recognized in the Condensed Consolidated Statements of Operations for the three and six month periods ended June 30, 2024 and 2023: Life Six Months Ended Six Months Ended Gross Interest Gross Interest American Income $ 836,931 $ 133,928 $ 781,453 $ 123,816 Direct to Consumer 491,235 89,541 490,443 84,062 Liberty National 181,110 61,153 169,570 59,670 Other 101,652 92,151 103,343 88,926 Total $ 1,610,928 $ 376,773 $ 1,544,809 $ 356,474 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 423,172 $ 67,549 $ 394,308 $ 62,385 Direct to Consumer 246,041 45,081 245,736 42,348 Liberty National 91,239 30,611 85,498 29,901 Other 50,583 46,233 51,507 44,652 Total $ 811,035 $ 189,474 $ 777,049 $ 179,286 Health Six Months Ended Six Months Ended Gross Interest Gross Interest United American $ 214,850 $ 3,041 $ 198,679 $ 3,604 Family Heritage 209,246 35,204 194,219 32,272 Liberty National 94,952 13,155 93,434 13,801 American Income 58,389 3,314 56,335 3,256 Direct to Consumer 7,390 — 7,097 — Total $ 584,827 $ 54,714 $ 549,764 $ 52,933 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 110,753 $ 1,474 $ 100,847 $ 1,782 Family Heritage 105,855 17,773 98,129 16,295 Liberty National 47,518 6,572 46,690 6,881 American Income 29,470 1,659 28,239 1,624 Direct to Consumer 3,733 — 3,555 — Total $ 297,329 $ 27,478 $ 277,460 $ 26,582 Gross premiums are included within life and health premium on the Condensed Consolidated Statements of

Deferred Acquisition Costs

Deferred Acquisition Costs	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Deferred Acquisition Costs	Note 7—Deferred Acquisition Costs The following tables roll forward the deferred policy acquisition costs for the three and six month periods ended June 30, 2024 and 2023: Life American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 234,172 87,389 50,649 6,767 378,977 Amortization expense (77,742) (49,605) (25,163) (8,252) (160,762) Foreign exchange adjustment 2,759 — — — 2,759 Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Balance at January 1, 2024 $ 2,573,370 $ 1,737,117 $ 666,419 $ 294,869 $ 5,271,775 Capitalizations 259,856 78,976 58,100 6,280 403,212 Amortization expense (87,377) (50,420) (27,614) (8,272) (173,683) Foreign exchange adjustment (5,711) — — — (5,711) Balance at June 30, 2024 $ 2,740,138 $ 1,765,673 $ 696,905 $ 292,877 $ 5,495,593 Life American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 2,332,600 $ 1,699,588 $ 622,532 $ 297,542 $ 4,952,262 Capitalizations 118,777 39,979 26,428 3,446 188,630 Amortization expense (39,443) (24,852) (12,751) (4,127) (81,173) Foreign exchange adjustment 5,546 — — — 5,546 Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Balance at April 1, 2024 $ 2,652,009 $ 1,754,184 $ 678,885 $ 293,747 $ 5,378,825 Capitalizations 132,413 36,851 32,035 3,267 204,566 Amortization expense (44,401) (25,362) (14,015) (4,137) (87,915) Foreign exchange adjustment 117 — — — 117 Balance at June 30, 2024 $ 2,740,138 $ 1,765,673 $ 696,905 $ 292,877 $ 5,495,593 Health United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 996 30,591 9,734 6,320 — 47,641 Amortization expense (3,041) (13,200) (6,554) (1,903) (94) (24,792) Foreign exchange adjustment — — — 57 — 57 Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Balance at January 1, 2024 $ 73,489 $ 452,843 $ 139,941 $ 66,783 $ 1,679 $ 734,735 Capitalizations 1,289 33,932 12,444 7,280 2 54,947 Amortization expense (2,803) (14,521) (7,288) (2,237) (73) (26,922) Foreign exchange adjustment — — — (237) — (237) Balance at June 30, 2024 $ 71,975 $ 472,254 $ 145,097 $ 71,589 $ 1,608 $ 762,523 Health United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 76,388 $ 425,145 $ 134,728 $ 59,890 $ 1,807 $ 697,958 Capitalizations 489 15,494 4,852 3,177 — 24,012 Amortization expense (1,528) (6,640) (3,304) (965) (47) (12,484) Foreign exchange adjustment — — — 183 — 183 Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Balance at April 1, 2024 $ 72,604 $ 462,346 $ 144,313 $ 68,938 $ 1,643 $ 749,844 Capitalizations 793 17,242 4,465 3,750 1 26,251 Amortization expense (1,422) (7,334) (3,681) (1,138) (36) (13,611) Foreign exchange adjustment — — — 39 — 39 Balance at June 30, 2024 $ 71,975 $ 472,254 $ 145,097 $ 71,589 $ 1,608 $ 762,523 The following table presents a reconciliation of deferred policy acquisition costs to the Condensed Consolidated Balance Sheets as of June 30, 2024: June 30, 2024 2023 Life American Income $ 2,740,138 $ 2,417,480 Direct to Consumer 1,765,673 1,714,715 Liberty National 696,905 636,209 Other 292,877 296,861 Total DAC—Life 5,495,593 5,065,265 Health United American 71,975 75,349 Family Heritage 472,254 433,999 Liberty National 145,097 136,276 American Income 71,589 62,285 Direct to Consumer 1,608 1,760 Total DAC—Health 762,523 709,669 Annuity 2,178 3,798 Tota l $ 6,260,294 $ 5,778,732

Liability for Unpaid Claims

Liability for Unpaid Claims	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Liability for Unpaid Claims	Note 8—Liability for Unpaid Claims Activity in the liability for unpaid health claims is summarized as follows: June 30, December 31, Balance at beginning of period $ 194,809 $ 184,286 Less reinsurance recoverables (2,157) (2,084) Net balance at beginning of period 192,652 182,202 Incurred related to: Current year 368,295 697,521 Prior years (3,930) (4,853) Total incurred 364,365 692,668 Paid related to: Current year 225,585 535,971 Prior years 128,535 146,247 Total paid 354,120 682,218 Net balance at end of period 202,897 192,652 Plus reinsurance recoverables 1,668 2,157 Balance at end of period $ 204,565 $ 194,809 Below is the reconciliation of the liability of "Policy claims and other benefits payable" in the Condensed Consolidated Balance Sheets . June 30, December 31, Policy claims and other benefits payable: Life insurance $ 321,561 $ 320,066 Health insurance 204,565 194,809 Total $ 526,126 $ 514,875

Postretirement Benefits

Postretirement Benefits	6 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
Postretirement Benefits	Note 9—Postretirement Benefits Globe Life has qualified noncontributory defined benefit pension plans (Pension Plans) and contributory savings plans that cover substantially all employees. There is also a nonqualified noncontributory supplemental executive retirement plan (SERP) that covers a limited number of officers. The tables included herein will focus on the Pension Plans and SERP. Pension Assets: The following table presents the assets of the Company's Pension Plans at June 30, 2024 and December 31, 2023. Pension Assets by Component at June 30, 2024 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Total Amount % of Exchange traded fund (4) $ 35,996 $ — $ — $ 35,996 6 Equity exchange traded fund (1) 295,168 — — 295,168 50 U.S. Government and Agency — 180,280 — 180,280 30 Other bonds — 4 — 4 — Guaranteed annuity contract (2) — 43,736 — 43,736 7 Short-term investments 8,808 — — 8,808 2 Other 1,103 — — 1,103 — $ 341,075 $ 224,020 $ — 565,095 95 Other long-term investments (3) 26,977 5 Total pension assets $ 592,072 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of June 30, 2024, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4) A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years. Pension Assets by Component at December 31, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Exchange traded fund (4) $ 18,715 $ — $ — $ 18,715 3 Equity exchange traded fund (1) 315,886 — — 315,886 55 U.S. Government and Agency — 167,450 — 167,450 30 Other bonds — 5 — 5 — Guaranteed annuity contract (2) — 43,428 — 43,428 8 Short-term investments 6,506 — — 6,506 1 Other 463 — — 463 — $ 341,570 $ 210,883 $ — 552,453 97 Other long-term investments (3) 18,314 3 Total pension assets $ 570,767 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of December 31, 2023, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4) A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years. SERP : The following tables include premiums paid for the company owned life insurance (COLI) at June 30, 2024 and 2023 and investments of the Rabbi Trust at June 30, 2024 and December 31, 2023. Six Months Ended 2024 2023 Premiums paid for insurance coverage $ 443 $ 443 June 30, December 31, Total investments: COLI $ 56,423 $ 55,185 Exchange traded funds 92,857 86,156 $ 149,280 $ 141,341 Pension Plans and SERP Liabilities : The following table presents liabilities for the defined benefit pension plans and SERP at June 30, 2024 and December 31, 2023. June 30, December 31, Pension Plans $ 581,490 $ 554,957 SERP 72,579 72,603 Benefit obligation $ 654,069 $ 627,560 Net Periodic Benefit Cost: The following table presents the net periodic benefit costs for the defined benefit pension plans and SERP by expense components for the three and six month periods ended June 30, 2024 and 2023. Components of Net Periodic Benefit Cost Three Months Ended Six Months Ended 2024 2023 2024 2023 Service cost—benefits earned during the period $ 6,228 $ 5,390 $ 12,449 $ 10,782 Interest cost on projected benefit obligation 8,308 7,834 16,575 15,668 Expected return on assets (10,647) (9,656) (21,293) (19,312) Amortization: Prior service cost 269 269 538 538 Actuarial (gain) loss 6 (52) 12 (104) Net periodic benefit cost $ 4,164 $ 3,785 $ 8,281 $ 7,572

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Note 10—Earnings Per Share Earnings per Share : A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Basic weighted average shares outstanding 91,441,350 95,330,416 92,653,478 95,856,391 Weighted average dilutive options outstanding — 921,019 333,855 1,228,920 Diluted weighted average shares outstanding 91,441,350 96,251,435 92,987,333 97,085,311 Antidilutive shares 4,958,491 492,970 2,063,624 351,343

Debt

Debt	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Debt	Note 11—Debt The following table presents information about the terms and outstanding balances of Globe Life's debt. Selected Information about Debt Issues As of June 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 09/27/2018 09/15/2028 4.550% $ 550,000 $ (3,359) $ 546,641 $ 522,121 $ 546,283 Senior notes 08/21/2020 08/15/2030 2.150% 400,000 (3,099) 396,901 320,552 396,670 Senior notes (1) 05/19/2022 06/15/2032 4.800% 250,000 (3,928) 246,072 229,785 245,873 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,565) 123,435 109,258 123,427 Junior subordinated debentures 06/14/2021 06/15/2061 4.250% 325,000 (7,653) 317,347 194,480 317,306 Total long-term debt 1,650,000 (19,604) 1,630,396 1,376,196 1,629,559 Term loan (2) 05/11/2023 11/11/2024 6.420% 170,000 (196) 169,804 169,804 169,549 FHLB borrowings 180,000 — 180,000 180,000 — Commercial paper 313,225 (8,423) 304,802 304,802 316,564 Total short-term debt 663,225 (8,619) 654,606 654,606 486,113 Total debt $ 2,313,225 $ (28,223) $ 2,285,002 $ 2,030,802 $ 2,115,672 (1) An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation. (2) Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points. The commercial paper has the highest priority of all unsecured debt, followed by senior notes then junior subordinated debentures. The senior notes are callable under a make-whole provision, and the junior subordinated debentures are subject to an optional redemption five years from issuance. Interest on the 4.25% junior subordinated debentures is payable quarterly while all other long-term debt is payable semi-annually. Credit facility : On March 29, 2024, Globe Life amended the credit agreement dated September 30, 2021, which provides for a $1 billion revolving credit facility that may be increased to $1.25 billion. The amended credit facility matures March 29, 2029 and may be extended up to two one-year periods upon the Company's request. Pursuant to this agreement, the participating lenders have agreed to make revolving loans to Globe Life and to issue secured or unsecured letters of credit. The Company has not drawn on any of the credit to date. The facility is further designated as a back-up credit line for a commercial paper program under which the Company may either borrow from the credit line or issue commercial paper at any time, with total commercial paper outstanding not to exceed the facility maximum of $1 billion, less any letters of credit issued. Interest is charged at variable rates. In accordance with the agreement, Globe Life is subject to certain covenants regarding capitalization. As of June 30, 2024, the Company was in full compliance with these covenants. The following tables present certain information about our commercial paper borrowings. Credit Facility—Commercial Paper (Dollar amounts in thousands) At June 30, December 31, 2023 June 30, Balance of commercial paper at end of period (par value) $ 313,225 $ 319,000 $ 260,000 Annualized interest rate 6.02 % 5.71 % 5.57 % Letters of credit outstanding $ 115,000 $ 115,000 $ 115,000 Remaining amount available under credit line 571,775 316,000 375,000 Credit Facility—Commercial Paper Activity (Dollar amounts in thousands) Six Months Ended June 30, 2024 2023 Average balance of commercial paper outstanding during period (par value) $ 392,905 $ 313,259 Daily-weighted average interest rate (annualized) 5.76 % 5.21 % Maximum daily amount outstanding during period (par value) $ 633,425 $ 477,700 Commercial paper issued during period (par value) 997,492 1,055,000 Commercial paper matured during period (par value) (1,003,267) (1,080,000) Net commercial paper issued (matured) during period (par value) (5,775) (25,000) Federal Home Loan Bank (FHLB) : FHLB membership provides certain of our insurance subsidiaries with access to various low-cost collateralized borrowings and funding agreements. The membership requires ownership of FHLB common stock, as well as the purchase of activity-based common stock equal to approximately 4.1% of outstanding borrowings. Globe Life owned $36.4 million in FHLB common stock as of June 30, 2024 and $22.3 million as of December 31, 2023. The FHLB stock is restricted for the duration of the membership and recorded at cost (par) as required by applicable guidance. The FHLB stock is included in "Other long-term investments " in the Condensed Consolidated Balance Sheets. Borrowings with the FHLB are subject to the availability of pledged assets at the insurance subsidiaries of Globe Life. As of June 30, 2024, Globe Life's insurance subsidiaries maximum borrowing capacity under the FHLB facility was approximately $640 million, net of outstanding funding agreements and short-term borrowings, on pledged assets with a fair value of $1.4 billion. As of June 30, 2024, $303 million in funding agreements were outstanding with the FHLB, compared to $138 million as of December 31, 2023. This amount is included in "Other policyholders' funds" in the Condensed Consolidated Balance Sheets . In addition, the Company had $180 million in short-term borrowings from the FHLB as of June 30, 2024, compared to $0 as of December 31, 2023, this amount is recorded in "Short-term debt".

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Business Segments	Note 12—Business Segments Globe Life is organized into four segments: life insurance, supplemental health insurance, annuities, and investments. In addition, other expenses not included in these segments are reported in "Corporate & Other." Globe Life's reportable insurance segments are based on the insurance product lines it markets and administers: life insurance, supplemental health insurance, and annuities. These major product lines are set out as reportable segments because of the common characteristics of products within these categories, comparability of margins, and the similarity in regulatory environment and management techniques. There is also an investment segment that manages the investment portfolio and cash flow for the insurance segments and the corporate function. The Company's chief operating decision makers evaluate the overall performance of the operations of the Company in accordance with these segments. Life insurance products marketed by Globe Life include traditional whole life and term life insurance. An immaterial amount of annuities sold as companion products are included in the life segment. Health insurance products are generally guaranteed renewable and include Medicare Supplement, cancer, critical illness, accident, and other limited-benefit supplemental hospital and surgical products. Annuities include fixed-benefit contracts. The following tables present segment premium revenue by each of Globe Life's distribution channels. Premium Income by Distribution Channel Three Months Ended June 30, 2024 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 423,534 52 $ 30,721 9 $ — — $ 454,255 39 Direct to Consumer 248,839 31 18,132 5 — — 266,971 23 Liberty National 92,197 11 47,705 14 — — 139,902 12 United American 1,558 — 149,230 42 — — 150,788 13 Family Heritage 1,645 — 105,855 30 — — 107,500 9 Other 47,709 6 — — — — 47,709 4 $ 815,482 100 $ 351,643 100 $ — — $ 1,167,125 100 Three Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 394,620 51 $ 29,527 9 $ — — $ 424,147 38 Direct to Consumer 248,607 32 17,175 5 — — 265,782 24 Liberty National 86,634 11 46,903 14 — — 133,537 12 United American 1,849 — 137,453 42 — — 139,302 13 Family Heritage 1,513 — 98,129 30 — — 99,642 9 Other 48,510 6 — — — — 48,510 4 $ 781,733 100 $ 329,187 100 $ — — $ 1,110,920 100 Six Months Ended June 30, 2024 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 837,578 52 $ 61,218 9 $ — — $ 898,796 39 Direct to Consumer 496,879 31 35,998 5 — — 532,877 23 Liberty National 182,974 11 95,335 14 — — 278,309 12 United American 3,401 — 290,865 42 — — 294,266 13 Family Heritage 3,261 — 209,246 30 — — 212,507 9 Other 95,654 6 — — — — 95,654 4 $ 1,619,747 100 $ 692,662 100 $ — — $ 2,312,409 100 Six Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 782,132 51 $ 59,121 9 $ — — $ 841,253 38 Direct to Consumer 496,274 32 34,423 5 — — 530,697 24 Liberty National 171,837 11 93,875 14 — — 265,712 12 United American 3,731 — 270,060 42 — — 273,791 12 Family Heritage 2,993 — 194,201 30 — — 197,194 9 Other 97,363 6 — — — — 97,363 5 $ 1,554,330 100 $ 651,680 100 $ — — $ 2,206,010 100 Due to the nature of the life insurance industry, Globe Life has no individual or group that would be considered a major customer. Substantially all of Globe Life's business is conducted in the United States. The measure of profitability established by the chief operating decision makers for the insurance segments is underwriting margin before other income and administrative expenses, in accordance with the manner in which the segments are managed. It essentially represents gross profit margin on insurance products before insurance administrative expenses and consists primarily of premium less net policy benefits, acquisition expenses, and commissions. Required interest on policy liabilities is reflected as a component of the Investment segment (rather than as a component of underwriting margin in the insurance and annuity segments) in order to match this cost with the investment income earned on the assets supporting the policy liabilities. The measure of profitability for the Investment segment is excess investment income, representing the income earned on the investment portfolio in excess of policy requirements. Other than the required interest on the insurance segments, no other intersegment revenues or expenses are recognized. Expenses directly attributable to corporate operations are included in the “Corporate & Other” category. Stock-based compensation expense is considered a corporate expense by Globe Life management and is included in this category. All other unallocated revenues and expenses on a pretax basis, including insurance administrative expense and interest on debt, are also included in the “Corporate & Other” segment category. Globe Life holds a sizable investment portfolio to support its insurance liabilities, the yield from which is used to offset policy benefit, acquisition, administrative, and tax expenses. This yield or investment income is taken into account when establishing premium rates and profitability expectations for its insurance products. From time to time, investments are sold or called, or experience a credit loss event, each of which are reflected by the Company as realized gain (loss)—investments. These gains or losses generally occur as a result of disposition due to issuer calls, compliance with Company investment policies, or other reasons often beyond management’s control. Unlike investment income, realized gains and losses are incidental to insurance operations, and only overall yields are considered when setting premium rates or insurance product profitability expectations. While these gains and losses are not relevant to segment profitability or core operating results, they can have a material positive or negative result on net income. For these reasons, management removes realized investment gains and losses when it views its segment operations. Management also removes non-operating items unrelated to the Company's core insurance activities when evaluating those results. Therefore, these items are excluded in its presentation of segment results because accounting guidance requires that operating segment results be presented as management views its business. All of these items are included in “Other operating expense” in the Condensed Consolidated Statements of Operations for the appropriate year. See additional detail below in the tables. The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Three Months Ended June 30, 2024 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 815,482 $ 351,643 $ — $ — $ — $ — $ 1,167,125 Net investment income — — — 285,636 — — 285,636 Other income — — — — 74 — 74 Total revenue 815,482 351,643 — 285,636 74 — 1,452,835 Expenses: Policy benefits 518,792 205,423 5,943 5,536 — — 735,694 Required interest on reserves (201,815) (27,410) (8,084) 237,309 — — — Amortization of acquisition costs 87,915 13,611 389 — — — 101,915 Commissions, premium taxes, and non-deferred acquisition costs 90,267 59,531 4 — — — 149,802 Insurance administrative expense (1) — — — — 82,196 916 (2) 83,112 Parent expense — — — — 3,130 2,776 (2,3) 5,906 Stock-based compensation expense — — — — 10,090 — 10,090 Interest expense — — — — 31,404 — 31,404 Total expenses 495,159 251,155 (1,748) 242,845 126,820 3,692 1,117,923 Subtotal 320,323 100,488 1,748 42,791 (126,746) (3,692) 334,912 Non-operating items — — — — — 3,692 (2,3) 3,692 Measure of segment profitability (pretax) $ 320,323 $ 100,488 $ 1,748 $ 42,791 $ (126,746) $ — 338,604 Realized gains (losses) (12,589) Legal costs and proceedings (2,435) Non-operating expenses (1,257) Income before income taxes per Condensed Consolidated Statements of Operations $ 322,323 (1) Administrative expense is not allocated to insurance segments. (2) Legal costs and proceedings. (3) Non-operating expenses. Three Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 781,733 $ 329,187 $ — $ — $ — $ — $ 1,110,920 Net investment income — — — 261,244 — — 261,244 Other income — — — — 85 — 85 Total revenue 781,733 329,187 — 261,244 85 — 1,372,249 Expenses: Policy obligations 512,664 195,924 7,107 1,815 — — 717,510 Required interest on reserves (191,781) (26,548) (9,715) 228,044 — — — Amortization of acquisition costs 81,173 12,484 423 — — — 94,080 Commissions, premium taxes, and non-deferred acquisition costs 83,547 54,908 4 — — — 138,459 Insurance administrative expense (1) — — — — 75,459 — 75,459 Parent expense — — — — 3,088 3,088 Stock-based compensation expense — — — — 7,486 — 7,486 Interest expense — — — — 25,818 — 25,818 Total expenses 485,603 236,768 (2,181) 229,859 111,851 — 1,061,900 Subtotal 296,130 92,419 2,181 31,385 (111,766) — 310,349 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 296,130 $ 92,419 $ 2,181 $ 31,385 $ (111,766) $ — 310,349 Realized gains (losses) (45,843) Income before income taxes per Condensed Consolidated Statements of Operations $ 264,506 (1) Administrative expense is not allocated to insurance segments. Six Months Ended June 30, 2024 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,619,747 $ 692,662 $ — $ — $ — $ — $ 2,312,409 Net investment income — — — 568,214 — — 568,214 Other income — — — — 150 — 150 Total revenue 1,619,747 692,662 — 568,214 150 — 2,880,773 Expenses: Policy obligations 1,038,663 407,750 12,070 9,004 — — 1,467,487 Required interest on reserves (401,522) (54,583) (16,529) 472,634 — — — Required interest on DAC — — — — — — — Amortization of acquisition costs 173,683 26,922 788 — — — 201,393 Commissions, premium taxes, and non-deferred acquisition costs 179,589 118,315 8 — — — 297,912 Insurance administrative expense (1) — — — — 162,607 916 (2) 163,523 Parent expense — — — — 5,956 3,486 (2,3) 9,442 Stock-based compensation expense — — — — 19,357 — 19,357 Interest expense — — — — 60,025 — 60,025 Total expenses 990,413 498,404 (3,663) 481,638 247,945 4,402 2,219,139 Subtotal 629,334 194,258 3,663 86,576 (247,795) (4,402) 661,634 Non-operating items — — — — — 4,402 (2,3) 4,402 Measure of segment profitability (pretax) $ 629,334 $ 194,258 $ 3,663 $ 86,576 $ (247,795) $ — 666,036 Realized gains (losses) (24,388) Legal costs and proceedings (2,435) Non-operating expenses (1,967) Income before income taxes per Condensed Consolidated Statements of Operations $ 637,246 (1) Administrative expense is not allocated to insurance segments. (2) Legal costs and proceedings. (3) Non-operating expenses. Six Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,554,330 $ 651,680 $ — $ — $ — $ — $ 2,206,010 Net investment income — — — 518,349 — — 518,349 Other income — — — — 135 — 135 Total revenue 1,554,330 651,680 — 518,349 135 — 2,724,494 Expenses: Policy obligations 1,020,641 386,886 14,648 3,262 — — 1,425,437 Required interest on reserves (381,602) (52,871) (19,974) 454,447 — — — Amortization of acquisition costs 160,762 24,792 848 — — — 186,402 Commissions, premium taxes, and non-deferred acquisition costs 167,125 109,122 9 — — — 276,256 Insurance administrative expense (1) — — — — 149,366 — 149,366 Parent expense — — — — 5,673 — 5,673 Stock-based compensation expense — — — — 15,165 — 15,165 Interest expense — — — — 50,685 — 50,685 Total expenses 966,926 467,929 (4,469) 457,709 220,889 — 2,108,984 Subtotal 587,404 183,751 4,469 60,640 (220,754) — 615,510 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 587,404 $ 183,751 $ 4,469 $ 60,640 $ (220,754) $ — 615,510 Realized gains (losses) (76,770) Income before income taxes per Condensed Consolidated Statements of Operations $ 538,740 (1) Administrative expense is not allocated to insurance segments.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net income	$ 258,355	$ 215,260	$ 512,572	$ 438,870

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation : The accompanying condensed consolidated financial statements of Globe Life have been prepared in accordance with the instructions to Form 10-Q. Therefore, they do not include all of the disclosures required by accounting principles generally accepted in the United States of America (GAAP) for annual financial statements. However, in the opinion of management, these statements include all adjustments, consisting of normal recurring adjustments, which are necessary for a fair presentation of the condensed consolidated financial position at June 30, 2024, and the condensed consolidated results of operations, comprehensive income, and cash flows for the periods ended June 30, 2024 and 2023. The interim period condensed consolidated financial statements should be read in conjunction with the Consolidated Financial Statements that are included in the Form 10-K filed with the Securities Exchange Commission (SEC) on February 28, 2024.
Use of Estimates	Use of Estimates : The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. See further documentation in the significant accounting policies or the accompanying notes.
Accounting Pronouncements Yet to be Adopted	Accounting Pronouncements Adopted in the Current Year Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions ASU 2022-03 adds disclosure requirements specific to equity securities subject to contractual sale restrictions. The disclosures clarify the nature of the contractual sale as well as the duration of the restriction and the circumstances that could cause a lapse in the restriction. This standard is effective for the Company for fiscal years beginning on January 1, 2024 and interim periods within those fiscal years. The adoption of this standard did not have a material impact on the Condensed Consolidated Financial Statements. Accounting Pronouncements Yet to be Adopted Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ASU 2023-07 adds disclosure requirements to segment expenses, improving the financial reporting of the entity’s overall performance and assessment of future cash flows. The disclosures will require more detailed information related to the entity’s reportable segments. This standard is effective for the Company for annual periods beginning on January 1, 2024 and for interim periods beginning on January 1, 2025, and will be implemented on a retrospective basis. The Company is evaluating the standard, but does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements. ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ASU 2023-09 adds disclosure requirements to disaggregated information related to the effective tax rate reconciliation and information on income taxes paid. The disclosures will enhance the assessment of the entity’s operations and related tax risks. This standard is effective for the Company for annual periods beginning on January 1, 2025, and will be implemented on a prospective basis. The Company does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements.

New Accounting Standards (Table

New Accounting Standards (Tables)	6 Months Ended
	Jun. 30, 2024
Accounting Changes and Error Corrections [Abstract]
Schedule Of New Accounting Standards on Previously Reported Results	Accounting Pronouncements Adopted in the Current Year Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions ASU 2022-03 adds disclosure requirements specific to equity securities subject to contractual sale restrictions. The disclosures clarify the nature of the contractual sale as well as the duration of the restriction and the circumstances that could cause a lapse in the restriction. This standard is effective for the Company for fiscal years beginning on January 1, 2024 and interim periods within those fiscal years. The adoption of this standard did not have a material impact on the Condensed Consolidated Financial Statements. Accounting Pronouncements Yet to be Adopted Standard Description Effective Date Effect on the Condensed Consolidated Financial Statements ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ASU 2023-07 adds disclosure requirements to segment expenses, improving the financial reporting of the entity’s overall performance and assessment of future cash flows. The disclosures will require more detailed information related to the entity’s reportable segments. This standard is effective for the Company for annual periods beginning on January 1, 2024 and for interim periods beginning on January 1, 2025, and will be implemented on a retrospective basis. The Company is evaluating the standard, but does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements. ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ASU 2023-09 adds disclosure requirements to disaggregated information related to the effective tax rate reconciliation and information on income taxes paid. The disclosures will enhance the assessment of the entity’s operations and related tax risks. This standard is effective for the Company for annual periods beginning on January 1, 2025, and will be implemented on a prospective basis. The Company does not expect the standard will have a material impact on the Condensed Consolidated Financial Statements.

Supplemental Information Abou_2

Supplemental Information About Changes to Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Schedule of Change in Balance by Component of Accumulated Other Comprehensive Income	An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for the three and six month periods ended June 30, 2024 and 2023: Three Months Ended June 30, 2024 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2024 $ (1,069,185) $ (1,390,759) $ (5,232) $ (2,060) $ (2,467,236) Other comprehensive income (loss) before reclassifications, net of tax (207,874) 479,042 506 — 271,674 Reclassifications, net of tax 5,846 — — 96 5,942 Other comprehensive income (loss) (202,028) 479,042 506 96 277,616 Balance at June 30, 2024 $ (1,271,213) $ (911,717) $ (4,726) $ (1,964) $ (2,189,620) Three Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at April 1, 2023 $ (1,016,764) $ (1,938,707) $ (6,829) $ 1,207 $ (2,961,093) Other comprehensive income (loss) before reclassifications, net of tax (271,681) 241,906 8,182 — (21,593) Reclassifications, net of tax 39,046 — — (257) 38,789 Other comprehensive income (loss) (232,635) 241,906 8,182 (257) 17,196 Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897) Six Months Ended June 30, 2024 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2024 $ (827,596) $ (1,947,391) $ 4,719 $ (2,151) $ (2,772,419) Other comprehensive income (loss) before reclassifications, net of tax (447,558) 1,035,674 (9,445) — 578,671 Reclassifications, net of tax 3,941 — — 187 4,128 Other comprehensive income (loss) (443,617) 1,035,674 (9,445) 187 582,799 Balance at June 30, 2024 $ (1,271,213) $ (911,717) $ (4,726) $ (1,964) $ (2,189,620) Six Months Ended June 30, 2023 Available Future Policy Benefits Foreign Pension Total Balance at January 1, 2023 $ (1,420,672) $ (1,369,204) $ (1,681) $ 1,244 $ (2,790,313) Other comprehensive income (loss) before reclassifications, net of tax 106,481 (327,597) 3,034 — (218,082) Reclassifications, net of tax 64,792 — — (294) 64,498 Other comprehensive income (loss) 171,273 (327,597) 3,034 (294) (153,584) Balance at June 30, 2023 $ (1,249,399) $ (1,696,801) $ 1,353 $ 950 $ (2,943,897)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income	Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three and six month periods ended June 30, 2024 and 2023. Three Months Ended Six Months Ended June 30, Affected line items in the Statements of Operations Component Line Item 2024 2023 2024 2023 Unrealized investment (gains) losses on available for sale assets: Realized (gains) losses $ 10,217 $ 50,347 $ 9,989 $ 83,471 Realized (gains) losses Amortization of (discount) premium (2,817) (922) (5,001) (1,456) Net investment income Total before tax 7,400 49,425 4,988 82,015 Tax (1,554) (10,379) (1,047) (17,223) Income taxes Total after-tax 5,846 39,046 3,941 64,792 Pension adjustments: Amortization of prior service cost 269 269 538 538 Other operating expense Amortization of actuarial (gain) loss (151) (592) (302) (909) Other operating expense Total before tax 118 (323) 236 (371) Tax (22) 66 (49) 77 Income taxes Total after-tax 96 (257) 187 (294) Total reclassification (after-tax) $ 5,942 $ 38,789 $ 4,128 $ 64,498

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Fixed Maturities and Equity Securities Available for Sale by Component	Summaries of fixed maturities available for sale by amortized cost, fair value, and allowance for credit losses at June 30, 2024 and December 31, 2023, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) are as follows. Redeemable preferred stock is included within "Corporates, by sector." At June 30, 2024 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 403,341 $ — $ 3 $ (41,886) $ 361,458 2 States, municipalities, and political subdivisions 3,255,829 — 27,781 (473,356) 2,810,254 16 Foreign governments 40,485 — — (10,537) 29,948 — Corporates, by sector: Industrials 8,227,970 (7,132) 117,908 (780,811) 7,557,935 43 Financial 5,051,320 — 72,372 (439,205) 4,684,487 26 Utilities 2,133,247 — 40,493 (124,426) 2,049,314 12 Total corporates 15,412,537 (7,132) 230,773 (1,344,442) 14,291,736 81 Collateralized debt obligations 36,945 — 5,779 — 42,724 — Other asset-backed securities 80,136 — 1 (3,249) 76,888 1 Total fixed maturities $ 19,229,273 $ (7,132) $ 264,337 $ (1,873,470) $ 17,613,008 100 (1) Amount reported in the balance sheet. (2) At fair value. At December 31, 2023 Amortized Allowance for Credit Losses Gross Gross Fair Value (1) % of Total Fixed Maturities (2) Fixed maturities available for sale: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 398,450 $ — $ 7 $ (32,306) $ 366,151 2 States, municipalities, and political subdivisions 3,296,305 — 47,346 (403,329) 2,940,322 16 Foreign governments 44,453 — 1 (10,348) 34,106 — Corporates, by sector: Industrials 8,016,126 (7,115) 213,078 (566,847) 7,655,242 43 Financial 5,028,151 — 112,368 (388,340) 4,752,179 27 Utilities 2,017,967 — 73,925 (94,130) 1,997,762 11 Total corporates 15,062,244 (7,115) 399,371 (1,049,317) 14,405,183 81 Collateralized debt obligations 37,110 — 5,036 — 42,146 — Other asset-backed securities 86,352 — 3 (4,057) 82,298 1 Total fixed maturities $ 18,924,914 $ (7,115) $ 451,764 $ (1,499,357) $ 17,870,206 100 (1) Amount reported in the balance sheet. (2) At fair value.
Schedule of Fixed Maturities by Contractual Maturity	A schedule of fixed maturities available for sale by contractual maturity date at June 30, 2024, is shown below on an amortized cost basis, net of allowance for credit losses, and on a fair value basis. Actual disposition dates could differ from contractual maturities due to call or prepayment provisions. At June 30, 2024 Amortized Fair Fixed maturities available for sale: Due in one year or less $ 129,415 $ 128,402 Due after one year through five years 734,757 738,610 Due after five years through ten years 1,794,742 1,791,972 Due after ten years through twenty years 8,908,777 8,365,383 Due after twenty years 7,537,335 6,468,995 Mortgage-backed and asset-backed securities 117,115 119,646 $ 19,222,141 $ 17,613,008
Schedule of Analysis of Investment Operations	"Net investment income" for the three and six month periods ended June 30, 2024 and 2023 is summarized as follows: Three Months Ended Six Months Ended 2024 2023 % Change 2024 2023 % Change Fixed maturities available for sale $ 247,215 $ 234,187 6 $ 493,313 $ 466,486 6 Policy loans 13,084 12,234 7 25,900 23,989 8 Mortgage loans 6,909 4,553 52 13,669 8,556 60 Other long-term investments (1) 18,953 12,383 53 38,616 24,123 60 Short-term investments 3,625 1,820 5,313 3,415 289,786 265,177 9 576,811 526,569 10 Less investment expense (4,150) (3,933) 6 (8,597) (8,220) 5 Net investment income $ 285,636 $ 261,244 9 $ 568,214 $ 518,349 10 (1) For the three months ended June 30, 2024 and 2023, the investment funds, accounted for under the fair value option method, recorded $18.1 million and $12.0 million, respectively, in net investment income. For the six months ended June 30, 2024 and 2023, the investment funds, accounted for under the fair value option method, recorded $37.0 million and $23.3 million, respectively, in net investment income. Refer to Other Long-Term Investments below
Schedule of Realized Gains (Losses) on Investments	Selected information about sales of fixed maturities available for sale is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Fixed maturities available for sale: Proceeds from sales (1) $ 483,051 $ 130,119 $ 510,904 $ 145,824 Gross realized gains 3,869 47 4,044 47 Gross realized losses (13,933) (10,503) (13,968) (10,861) (1) There were no unsettled sales in the periods ended June 30, 2024 and 2023. An analysis of "Realized gains (losses)" is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Realized investment gains (losses): Fixed maturities available for sale: Sales and other (1) $ (10,113) $ (10,606) $ (9,973) $ (10,963) Provision for credit losses (104) (39,741) (16) (72,508) Fair value option—change in fair value (3,691) 5,228 (19,094) 7,086 Mortgage loans (1,280) (3,579) (2,154) (4,859) Other investments 837 (164) 1,151 (378) Realized gains (losses) from investments (14,351) (48,862) (30,086) (81,622) Other gains (losses) 1,762 3,019 5,698 4,852 Total realized gains (losses) (12,589) (45,843) (24,388) (76,770) Applicable tax 2,644 9,627 5,122 16,122 Realized gains (losses), net of tax $ (9,945) $ (36,216) $ (19,266) $ (60,648) (1) During the three months ended June 30, 2024 and 2023, the Company recorded $12.0 million and $17.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period. During the six months ended June 30, 2024 and 2023, the Company recorded $78.9 million and $17.9 million of issuer-initiated exchanges of fixed maturities (noncash transactions) that resulted in no realized gains (losses) in either period.
Schedule of Fair Value of Fixed Maturities Measured on a Recurring Basis	The following tables represent the fair value of fixed maturities measured on a recurring basis at June 30, 2024 and December 31, 2023: Fair Value Measurement at June 30, 2024: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 361,458 $ — $ 361,458 States, municipalities, and political subdivisions — 2,810,254 — 2,810,254 Foreign governments — 29,948 — 29,948 Corporates, by sector: Industrials — 7,361,270 196,665 7,557,935 Financial — 4,554,292 130,195 4,684,487 Utilities — 1,938,143 111,171 2,049,314 Total corporates — 13,853,705 438,031 14,291,736 Collateralized debt obligations — — 42,724 42,724 Other asset-backed securities — 76,888 — 76,888 Total fixed maturities $ — $ 17,132,253 $ 480,755 $ 17,613,008 Percentage of total — % 97 % 3 % 100 % Fair Value Measurement at December 31, 2023: Quoted Prices in Significant Other Significant Total Fair Fixed maturities available for sale U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ 366,151 $ — $ 366,151 States, municipalities, and political subdivisions — 2,940,322 — 2,940,322 Foreign governments — 34,106 — 34,106 Corporates, by sector: Industrials — 7,440,493 214,749 7,655,242 Financial — 4,621,160 131,019 4,752,179 Utilities — 1,888,797 108,965 1,997,762 Total corporates — 13,950,450 454,733 14,405,183 Collateralized debt obligations — — 42,146 42,146 Other asset-backed securities — 82,298 — 82,298 Total fixed maturities $ — $ 17,373,327 $ 496,879 $ 17,870,206 Percentage of total — % 97 % 3 % 100 % The following tables disclose unrealized investment losses by class and major sector of fixed maturities available for sale at June 30, 2024 and December 31, 2023. Analysis of Gross Unrealized Investment Losses At June 30, 2024 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ 2,304 $ (110) $ 358,980 $ (41,776) $ 361,284 $ (41,886) States, municipalities, and political subdivisions 518,622 (13,082) 1,786,640 (460,274) 2,305,262 (473,356) Foreign governments 1,465 (2) 28,483 (10,535) 29,948 (10,537) Corporates, by sector: Industrials 930,937 (38,817) 4,175,164 (708,164) 5,106,101 (746,981) Financial 617,484 (11,013) 2,230,054 (386,505) 2,847,538 (397,518) Utilities 456,346 (8,729) 718,695 (114,197) 1,175,041 (122,926) Total corporates 2,004,767 (58,559) 7,123,913 (1,208,866) 9,128,680 (1,267,425) Collateralized debt obligations — — — — — — Other asset-backed securities — — 70,874 (3,232) 70,874 (3,232) Total investment grade securities 2,527,158 (71,753) 9,368,890 (1,724,683) 11,896,048 (1,796,436) Below investment grade securities: Corporates, by sector: Industrials 55,327 (953) 142,449 (32,877) 197,776 (33,830) Financial 8,909 (1,196) 192,106 (40,491) 201,015 (41,687) Utilities 8,916 (14) 18,892 (1,486) 27,808 (1,500) Total corporates 73,152 (2,163) 353,447 (74,854) 426,599 (77,017) Collateralized debt obligations — — — — — — Other asset-backed securities — — 5,972 (17) 5,972 (17) Total below investment grade securities 73,152 (2,163) 359,419 (74,871) 432,571 (77,034) Total fixed maturities $ 2,600,310 $ (73,916) $ 9,728,309 $ (1,799,554) $ 12,328,619 $ (1,873,470) Analysis of Gross Unrealized Investment Losses At December 31, 2023 Less than Twelve Months Twelve Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities available for sale: Investment grade securities: U.S. Government direct, guaranteed, and government-sponsored enterprises $ — $ — $ 364,006 $ (32,306) $ 364,006 $ (32,306) States, municipalities, and political subdivisions 252,800 (3,520) 1,610,163 (399,809) 1,862,963 (403,329) Foreign governments — — 32,591 (10,348) 32,591 (10,348) Corporates, by sector: Industrials 191,573 (3,881) 4,317,827 (530,011) 4,509,400 (533,892) Financial 242,099 (6,584) 2,341,424 (339,628) 2,583,523 (346,212) Utilities 81,194 (648) 686,043 (91,959) 767,237 (92,607) Total corporates 514,866 (11,113) 7,345,294 (961,598) 7,860,160 (972,711) Collateralized debt obligations — — — — — — Other asset-backed securities — — 70,956 (3,648) 70,956 (3,648) Total investment grade securities 767,666 (14,633) 9,423,010 (1,407,709) 10,190,676 (1,422,342) Below investment grade securities: Corporates, by sector: Industrials 10,745 (199) 145,697 (32,756) 156,442 (32,955) Financial 25,563 (2,602) 151,190 (39,526) 176,753 (42,128) Utilities — — 19,654 (1,523) 19,654 (1,523) Total corporates 36,308 (2,801) 316,541 (73,805) 352,849 (76,606) Collateralized debt obligations — — — — — — Other asset-backed securities — — 11,288 (409) 11,288 (409) Total below investment grade securities 36,308 (2,801) 327,829 (74,214) 364,137 (77,015) Total fixed maturities $ 803,974 $ (17,434) $ 9,750,839 $ (1,481,923) $ 10,554,813 $ (1,499,357)
Schedule of Fair Value, Assets Measured on Recurring Basis Using Significant Unobservable Inputs	The following tables represent changes in fixed maturities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2024 $ — $ 42,146 $ 454,733 $ 496,879 Included in realized gains / losses — — — — Included in other comprehensive income — 742 (9,905) (9,163) Acquisitions — — 14,800 14,800 Sales — — — — Amortization — 2,277 (33) 2,244 Other (1) — (2,441) (21,564) (24,005) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2024 $ — $ 42,724 $ 438,031 $ 480,755 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Asset- backed Securities Collateralized Corporates Total Balance at January 1, 2023 $ — $ 50,364 $ 478,083 $ 528,447 Included in realized gains / losses — — — — Included in other comprehensive income — (8,042) (1,963) (10,005) Acquisitions — — — — Sales — — — — Amortization — 2,288 3 2,291 Other (1) — (2,305) (14,619) (16,924) Transfers into Level 3 (2) — — — — Transfers out of Level 3 (2) — — — — Balance at June 30, 2023 $ — $ 42,305 $ 461,504 $ 503,809 Percent of total fixed maturities — % — % 3 % 3 % (1) Includes capitalized interest, foreign exchange adjustments, and principal repayments. (2) Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfers out of Level 3 occur when observable inputs become available. The following table presents changes in unrealized gains and losses for the period included in accumulated other comprehensive income for assets held at the end of the reporting period for Level 3 classification: Changes in Unrealized Gains (Losses) included in Accumulated Other Comprehensive Income for Assets Held at the End of the Period Asset- Collateralized Corporates Total At June 30, 2024 $ — $ 742 $ (9,905) $ (9,163) At June 30, 2023 — (8,042) (1,963) (10,005)
Schedule of Additional Information about Investments in Unrealized Loss Position	The following table discloses information about fixed maturities available for sale in an unrealized loss position. Less than Twelve Months Twelve Months or Longer Total Number of issues (CUSIPs) held: As of June 30, 2024 482 1,676 2,158 As of December 31, 2023 151 1,614 1,765
Schedule of Fixed Maturities, Allowance for Credit Loss	A summary of the activity in the allowance for credit losses is as follows. Three Months Ended Six Months Ended 2024 2023 2024 2023 Allowance for credit losses beginning balance $ 7,027 $ 32,767 $ 7,115 $ — Additions to allowance for which credit losses were not previously recorded — 38,228 — 72,508 Additions (reductions) to allowance for fixed maturities that previously had an allowance 105 1,513 17 — Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period — — — — Allowance for credit losses ending balance $ 7,132 $ 72,508 $ 7,132 $ 72,508
Schedule of Commercial Mortgage Loan Participations	Summaries of commercial mortgage loans by property type and geographical location at June 30, 2024 and December 31, 2023 are as follows: June 30, 2024 December 31, 2023 Carrying Value % of Total Carrying Value % of Total Property type: Multi-family $ 117,508 34 $ 116,299 42 Industrial 95,496 28 57,267 20 Retail 47,853 14 23,925 9 Hospitality 43,651 13 43,897 16 Mixed use 38,317 11 34,749 12 Office 6,493 2 6,734 2 Total recorded investment 349,318 102 282,871 101 Less allowance for credit losses (5,826) (2) (3,672) (1) Carrying value, net of allowance for credit losses $ 343,492 100 $ 279,199 100 June 30, 2024 December 31, 2023 Carrying Value % of Total Carrying Value % of Total Geographic location: Texas $ 71,659 21 $ 45,111 16 Florida 71,130 21 48,233 17 New Jersey 44,611 13 44,574 16 California 40,210 12 54,721 20 New York 35,815 10 20,284 7 North Carolina 21,614 6 — — Other 64,279 19 69,948 25 Total recorded investment 349,318 102 282,871 101 Less allowance for credit losses (5,826) (2) (3,672) (1) Carrying value, net of allowance for credit losses $ 343,492 100 $ 279,199 100
Schedule of Commercial Loan Participations, Credit Quality Indicators	The following tables are reflective of the key factors, debt service coverage ratios, and loan-to-value (LTV) ratios that are utilized by management to monitor the performance of the portfolios. The Company only makes new investments in commercial mortgage loans that have a LTV ratio less than 80%. LTV's that exceed 80% are generally as a result of decreases in the valuation of the underlying property. Generally, a higher LTV ratio and a lower debt service coverage ratio equates to higher risk of loss. June 30, 2024 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 18,392 $ 153,759 $ 160,495 $ 332,646 95 70% to 80% — — — — — 81% to 90% 9,637 — — 9,637 3 Greater than 90% 7,035 — — 7,035 2 Total $ 35,064 $ 153,759 $ 160,495 349,318 100 Less allowance for credit losses (5,826) Total, net of allowance for credit losses $ 343,492 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming. December 31, 2023 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x—1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 27,091 $ 180,761 $ 58,364 $ 266,216 94 70% to 80% — — — — — 81% to 90% 8,468 — 1,153 9,621 3 Greater than 90% 7,034 — — 7,034 3 Total $ 42,593 $ 180,761 $ 59,517 282,871 100 Less allowance for credit losses (3,672) Total, net of allowance for credit losses $ 279,199 (1) Annual net operating income divided by annual mortgage debt service (principal and interest). (2) Loan balance divided by stabilized appraised value at origination, including planned renovations and stabilized occupancy. Updated internal valuations are used when a loan is materially underperforming.
Schedule of Commercial Loan Participations, Allowance for Credit Loss	Three Months Ended Six Months Ended 2024 2023 2024 2023 Allowance for credit losses beginning balance $ 4,546 $ 3,069 $ 3,672 $ 1,789 Provision (reversal) for credit losses 1,280 (141) 2,154 1,139 Allowance for credit losses ending balance $ 5,826 $ 2,928 $ 5,826 $ 2,928
Schedule of Other Long-Term Investments	Other long-term investments consist of the following assets: June 30, December 31, 2023 Investment funds $ 915,665 $ 795,583 Other 58,850 40,295 Total $ 974,515 $ 835,878
Schedule of Investment Funds	The following table presents additional information about the Company's investment funds as of June 30, 2024 and December 31, 2023 at fair value: Fair Value Unfunded Commitments Investment Category June 30, December 31, 2023 June 30, Redemption Term/Notice (1) Commercial mortgage loans $ 512,615 $ 411,315 $ 434,040 Fully redeemable and non-redeemable with varying terms. Opportunistic and private credit 186,646 181,410 146,071 Fully redeemable and non-redeemable with varying terms. Infrastructure 171,518 165,887 16,536 Fully redeemable and non-redeemable with varying terms. Other 44,886 36,971 50,757 Non-redeemable with varying terms Total investment funds $ 915,665 $ 795,583 $ 647,404 (1) Non-redeemable funds generally have an expected life of 7 to 12 years from fund closing with extension options of 1 to 4 years. Redemptions are paid out throughout the life of the funds at the General Partner's discretion. Redeemable funds can generally be redeemed over 6 to 36 months upon request from limited partners.

Policy Liabilities (Tables)

Policy Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Policyholder Account Balance [Abstract]
Schedule of Liability for Future Policy Benefit, Activity	Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 4,273,156 $ 5,910,224 $ 1,094,407 $ 470,741 $ 11,748,528 Beginning balance at original discount rates 4,246,723 5,680,864 1,066,123 449,209 11,442,919 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (69,352) (128,602) (15,593) (6,650) (220,197) Adjusted balance at January 1, 2023 4,177,371 5,552,262 1,050,530 442,559 11,222,722 Issuances (1) 376,021 313,748 60,848 14,611 765,228 Interest accrual (2) 96,850 142,473 26,655 11,331 277,309 Net premiums collected (3) (256,959) (308,129) (66,472) (23,026) (654,586) Effect of changes in the foreign exchange rate 5,770 — — — 5,770 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Balance at January 1, 2024 $ 4,681,888 $ 6,052,651 $ 1,129,716 $ 478,052 $ 12,342,307 Beginning balance at original discount rates 4,523,329 5,664,259 1,077,831 443,949 11,709,368 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (113,699) (122,971) (17,268) (7,321) (261,259) Adjusted balance at January 1, 2024 4,409,630 5,541,288 1,060,563 436,628 11,448,109 Issuances (1) 412,701 287,040 60,219 12,156 772,116 Interest accrual (2) 109,168 147,351 27,775 11,505 295,799 Net premiums collected (3) (274,166) (305,391) (67,915) (22,738) (670,210) Effect of changes in the foreign exchange rate (9,222) — — — (9,222) Ending balance at original discount rates 4,648,111 5,670,288 1,080,642 437,551 11,836,592 Effect of change from original to current discount rates (12,208) 140,230 4,591 12,332 144,945 Balance at June 30, 2024 $ 4,635,903 $ 5,810,518 $ 1,085,233 $ 449,883 $ 11,981,537 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Life Present value of expected future net premiums American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 4,467,637 $ 6,110,550 $ 1,128,083 $ 483,056 $ 12,189,326 Beginning balance at original discount rates 4,325,957 5,718,900 1,070,775 448,677 11,564,309 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (39,371) (80,616) (10,004) (4,764) (134,755) Adjusted balance at April 1, 2023 4,286,586 5,638,284 1,060,771 443,913 11,429,554 Issuances (1) 183,466 144,796 30,706 7,370 366,338 Interest accrual (2) 48,952 71,484 13,368 5,661 139,465 Net premiums collected (3) (129,720) (154,210) (33,284) (11,469) (328,683) Effect of changes in the foreign exchange rate 9,769 — — — 9,769 Ending balance at original discount rates 4,399,053 5,700,354 1,071,561 445,475 11,616,443 Effect of change from original to current discount rates 73,794 288,223 38,456 25,804 426,277 Balance at June 30, 2023 $ 4,472,847 $ 5,988,577 $ 1,110,017 $ 471,279 $ 12,042,720 Balance at April 1, 2024 $ 4,652,671 $ 5,945,259 $ 1,102,209 $ 464,169 $ 12,164,308 Beginning balance at original discount rates 4,596,138 5,698,050 1,073,485 442,392 11,810,065 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (65,450) (86,743) (6,820) (5,471) (164,484) Adjusted balance at April 1, 2024 4,530,688 5,611,307 1,066,665 436,921 11,645,581 Issuances (1) 200,853 137,809 34,056 6,227 378,945 Interest accrual (2) 55,345 73,931 13,936 5,741 148,953 Net premiums collected (3) (138,480) (152,759) (34,015) (11,338) (336,592) Effect of changes in the foreign exchange rate (295) — — — (295) Ending balance at original discount rates 4,648,111 5,670,288 1,080,642 437,551 11,836,592 Effect of change from original to current discount rates (12,208) 140,230 4,591 12,332 144,945 Balance at June 30, 2024 $ 4,635,903 $ 5,810,518 $ 1,085,233 $ 449,883 $ 11,981,537 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 9,119,104 $ 9,225,451 $ 3,429,256 $ 3,976,150 $ 25,749,961 Beginning balance at original discount rates 8,409,761 8,477,892 3,272,980 3,403,704 23,564,337 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (72,388) (130,006) (13,119) (8,367) (223,880) Adjusted balance at January 1, 2023 8,337,373 8,347,886 3,259,861 3,395,337 23,340,457 Issuances (1) 376,021 313,749 60,848 14,611 765,229 Interest accrual (2) 220,666 226,661 86,722 101,129 635,178 Benefit payments (3) (194,971) (295,399) (109,650) (62,586) (662,606) Effect of changes in the foreign exchange rate 14,437 — — — 14,437 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Balance at January 1, 2024 $ 10,163,627 $ 9,714,516 $ 3,605,392 $ 4,239,623 $ 27,723,158 Beginning balance at original discount rates 9,061,833 8,656,752 3,338,252 3,506,859 24,563,696 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (121,945) (129,976) (19,337) (10,212) (281,470) Adjusted balance at January 1, 2024 8,939,888 8,526,776 3,318,915 3,496,647 24,282,226 Issuances (1) 412,703 287,041 60,221 12,156 772,121 Interest accrual (2) 243,096 236,977 89,276 104,571 673,920 Benefit payments (3) (220,560) (301,894) (111,881) (68,051) (702,386) Effect of changes in the foreign exchange rate (21,601) — — — (21,601) Ending balance at original discount rates 9,353,526 8,748,900 3,356,531 3,545,323 25,004,280 Effect of change from original to current discount rates 457,881 540,934 68,237 436,575 1,503,627 Balance at June 30, 2024 $ 9,811,407 $ 9,289,834 $ 3,424,768 $ 3,981,898 $ 26,507,907 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, surrender, and maturity benefit payments based on the revised expected assumptions. Life Present value of expected future policy benefits American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 9,637,463 $ 9,624,680 $ 3,559,012 $ 4,166,527 $ 26,987,682 Beginning balance at original discount rates 8,573,734 8,563,604 3,284,594 3,427,535 23,849,467 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (40,862) (81,059) (6,065) (5,471) (133,457) Adjusted balance at April 1, 2023 8,532,872 8,482,545 3,278,529 3,422,064 23,716,010 Issuances (1) 183,466 144,797 30,706 7,370 366,339 Interest accrual (2) 111,337 113,893 43,466 50,751 319,447 Benefit payments (3) (98,297) (148,338) (54,920) (31,694) (333,249) Effect of changes in the foreign exchange rate 24,148 — — — 24,148 Ending balance at original discount rates 8,753,526 8,592,897 3,297,781 3,448,491 24,092,695 Effect of change from original to current discount rates 914,681 894,336 210,064 661,215 2,680,296 Balance at June 30, 2023 $ 9,668,207 $ 9,487,233 $ 3,507,845 $ 4,109,706 $ 26,772,991 Balance at April 1, 2024 $ 9,958,093 $ 9,500,215 $ 3,499,742 $ 4,103,892 $ 27,061,942 Beginning balance at original discount rates 9,216,265 8,728,403 3,340,412 3,527,882 24,812,962 Effect of changes in assumptions on future cash flows — — — — — Effect of actual variances from expected experience (69,724) (93,532) (8,889) (7,345) (179,490) Adjusted balance at April 1, 2024 9,146,541 8,634,871 3,331,523 3,520,537 24,633,472 Issuances (1) 200,858 137,810 34,057 6,224 378,949 Interest accrual (2) 122,894 119,052 44,723 52,436 339,105 Benefit payments (3) (115,802) (142,833) (53,772) (33,874) (346,281) Effect of changes in the foreign exchange rate (965) — — — (965) Ending balance at original discount rates 9,353,526 8,748,900 3,356,531 3,545,323 25,004,280 Effect of change from original to current discount rates 457,881 540,934 68,237 436,575 1,503,627 Balance at June 30, 2024 $ 9,811,407 $ 9,289,834 $ 3,424,768 $ 3,981,898 $ 26,507,907 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period due to death, surrender, and maturity benefit payments based on the revised expected assumptions. Life (2) Net liability for future policy benefits as of June 30, 2023 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,354,473 $ 2,892,543 $ 2,226,220 $ 3,003,016 $ 12,476,252 Effect of changes in discount rate assumptions 840,887 606,113 171,608 635,411 2,254,019 Other adjustments (1) 72 4,750 7,639 35 12,496 Net liability for future policy benefits, after other adjustments, at current discount rates 5,195,432 3,503,406 2,405,467 3,638,462 14,742,767 Reinsurance recoverable (142) — (7,581) (36,472) (44,195) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 5,195,290 $ 3,503,406 $ 2,397,886 $ 3,601,990 $ 14,698,572 (1) Other adjustments include the Company's effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction noted below. Life Net liability for future policy benefits as of June 30, 2024 American Income DTC Liberty National Other Total Net liability for future policy benefits at original discount rates $ 4,705,415 $ 3,078,612 $ 2,275,889 $ 3,107,772 $ 13,167,688 Effect of changes in discount rate assumptions 470,089 400,704 63,646 424,243 1,358,682 Other adjustments (1) 194 — — 34 228 Net liability for future policy benefits, after other adjustments, at current discount rates 5,175,698 3,479,316 2,339,535 3,532,049 14,526,598 Reinsurance recoverable (170) — (7,830) (35,403) (43,403) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 5,175,528 $ 3,479,316 $ 2,331,705 $ 3,496,646 $ 14,483,195 (1) Other adjustments include the Company's effects of flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for the three and six month periods ended June 30, 2024 and 2023: Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 2,908,501 $ 1,594,992 $ 423,490 $ 190,296 $ 90,143 $ 5,207,422 Beginning balance at original discount rates 2,941,261 1,729,219 415,442 192,631 87,751 5,366,304 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (28,923) (34,394) (27,833) (5,249) (1,895) (98,294) Adjusted balance at January 1, 2023 2,912,338 1,694,825 387,609 187,382 85,856 5,268,010 Issuances (1) 143,716 132,346 28,191 20,787 4,215 329,255 Interest accrual (2) 63,854 32,819 9,666 4,134 2,118 112,591 Net premiums collected (3) (134,248) (88,784) (25,286) (10,981) (5,349) (264,648) Effect of changes in the foreign exchange rate — — — 387 — 387 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Balance at January 1, 2024 $ 3,697,771 $ 1,711,741 $ 358,472 $ 206,381 $ 115,363 $ 6,089,728 Beginning balance at original discount rates 3,625,803 1,783,173 348,570 201,869 109,880 6,069,295 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (37,074) (31,290) (21,165) (7,058) (2,462) (99,049) Adjusted balance at January 1, 2024 3,588,729 1,751,883 327,405 194,811 107,418 5,970,246 Issuances (1) 191,794 128,874 29,015 22,124 8,503 380,310 Interest accrual (2) 84,630 36,717 8,347 4,642 2,760 137,096 Net premiums collected (3) (145,045) (93,746) (25,833) (11,871) (5,434) (281,929) Effect of changes in the foreign exchange rate — — — (839) — (839) Ending balance at original discount rates 3,720,108 1,823,728 338,934 208,867 113,247 6,204,884 Effect of change from original to current discount rates (61,617) (132,931) (1,193) (2,978) 1,629 (197,090) Balance at June 30, 2024 $ 3,658,491 $ 1,690,797 $ 337,741 $ 205,889 $ 114,876 $ 6,007,794 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Health Present value of expected future net premiums United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 2,997,723 $ 1,664,414 $ 421,447 $ 200,666 $ 90,243 $ 5,374,493 Beginning balance at original discount rates 2,948,641 1,750,468 404,647 197,446 85,966 5,387,168 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 5,210 (15,636) (11,249) (3,629) 679 (24,625) Adjusted balance at April 1, 2023 2,953,851 1,734,832 393,398 193,817 86,645 5,362,543 Issuances (1) 67,875 64,559 14,888 10,575 1,823 159,720 Interest accrual (2) 32,267 16,620 4,776 2,098 1,061 56,822 Net premiums collected (3) (68,333) (44,805) (12,882) (5,556) (2,689) (134,265) Effect of changes in the foreign exchange rate — — — 775 — 775 Ending balance at original discount rates 2,985,660 1,771,206 400,180 201,709 86,840 5,445,595 Effect of change from original to current discount rates (1,106) (110,186) 9,371 135 2,834 (98,952) Balance at June 30, 2023 $ 2,984,554 $ 1,661,020 $ 409,551 $ 201,844 $ 89,674 $ 5,346,643 Balance at April 1, 2024 $ 3,653,395 $ 1,694,026 $ 345,441 $ 203,795 $ 113,879 $ 6,010,536 Beginning balance at original discount rates 3,661,448 1,801,792 342,165 203,850 110,863 6,120,118 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,458 (14,197) (9,755) (3,508) (144) (24,146) Adjusted balance at April 1, 2024 3,664,906 1,787,595 332,410 200,342 110,719 6,095,972 Issuances (1) 87,190 64,865 15,457 12,174 3,893 183,579 Interest accrual (2) 42,808 18,614 4,119 2,360 1,392 69,293 Net premiums collected (3) (74,796) (47,346) (13,052) (6,032) (2,757) (143,983) Effect of changes in the foreign exchange rate — — — 23 — 23 Ending balance at original discount rates 3,720,108 1,823,728 338,934 208,867 113,247 6,204,884 Effect of change from original to current discount rates (61,617) (132,931) (1,193) (2,978) 1,629 (197,090) Balance at June 30, 2024 $ 3,658,491 $ 1,690,797 $ 337,741 $ 205,889 $ 114,876 $ 6,007,794 (1) Issuances represent the present value, using the original discount rate, of the expected net premiums related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected net premiums, as well as the interest on actual net premiums earned during the period, using the original interest rate. (3) Net premiums collected represent the product of the current period net premium ratio and the gross premiums collected during the period on the in-force business. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 3,046,829 $ 3,005,664 $ 941,574 $ 312,750 $ 87,532 $ 7,394,349 Beginning balance at original discount rates 3,080,633 3,336,344 904,865 303,713 85,212 7,710,767 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (27,940) (36,292) (27,018) (6,018) (1,830) (99,098) Adjusted balance at January 1, 2023 3,052,693 3,300,052 877,847 297,695 83,382 7,611,669 Issuances (1) 143,404 132,346 27,901 20,787 4,208 328,646 Interest accrual (2) 67,592 65,320 23,526 7,389 2,118 165,945 Benefit payments (3) (146,921) (61,551) (48,395) (11,660) (6,520) (275,047) Effect of changes in the foreign exchange rate — — — 876 — 876 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Balance at January 1, 2024 $ 3,814,328 $ 3,315,880 $ 865,808 $ 335,504 $ 109,482 $ 8,441,002 Beginning balance at original discount rates 3,741,530 3,506,689 816,819 315,431 104,501 8,484,970 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience (36,684) (35,000) (21,424) (8,179) (2,326) (103,613) Adjusted balance at January 1, 2024 3,704,846 3,471,689 795,395 307,252 102,175 8,381,357 Issuances (1) 191,231 128,875 28,604 22,126 8,485 379,321 Interest accrual (2) 87,778 72,179 21,549 7,956 2,760 192,222 Benefit payments (3) (160,345) (67,428) (46,232) (13,072) (6,277) (293,354) Effect of changes in the foreign exchange rate — — — (1,556) — (1,556) Ending balance at original discount rates 3,823,510 3,605,315 799,316 322,706 107,143 8,657,990 Effect of change from original to current discount rates (65,023) (355,849) 16,462 5,730 1,474 (397,206) Balance at June 30, 2024 $ 3,758,487 $ 3,249,466 $ 815,778 $ 328,436 $ 108,617 $ 8,260,784 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the period based on the revised expected assumptions. Health Present value of expected future policy benefits United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 3,132,462 $ 3,174,672 $ 949,996 $ 326,533 $ 87,090 $ 7,670,753 Beginning balance at original discount rates 3,079,790 3,387,380 890,019 308,170 83,001 7,748,360 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,503 (16,513) (11,023) (4,439) 472 (28,000) Adjusted balance at April 1, 2023 3,083,293 3,370,867 878,996 303,731 83,473 7,720,360 Issuances (1) 67,721 64,559 14,616 10,575 1,820 159,291 Interest accrual (2) 34,112 33,031 11,686 3,721 1,061 83,611 Benefit payments (3) (68,358) (32,290) (24,419) (4,523) (3,166) (132,756) Effect of changes in the foreign exchange rate — — — 1,583 — 1,583 Ending balance at original discount rates 3,116,768 3,436,167 880,879 315,087 83,188 7,832,089 Effect of change from original to current discount rates (379) (268,706) 42,269 13,492 2,668 (210,656) Balance at June 30, 2023 $ 3,116,389 $ 3,167,461 $ 923,148 $ 328,579 $ 85,856 $ 7,621,433 Balance at April 1, 2024 $ 3,756,534 $ 3,271,604 $ 834,006 $ 328,783 $ 107,775 $ 8,298,702 Beginning balance at original discount rates 3,766,995 3,554,274 804,316 317,365 105,050 8,548,000 Effect of changes in assumptions on future cash flows — — — — — — Effect of actual variances from expected experience 3,641 (15,951) (8,603) (4,177) (5) (25,095) Adjusted balance at April 1, 2024 3,770,636 3,538,323 795,713 313,188 105,045 8,522,905 Issuances (1) 86,801 64,866 15,255 12,177 3,887 182,986 Interest accrual (2) 44,334 36,517 10,716 4,019 1,392 96,978 Benefit payments (3) (78,261) (34,391) (22,368) (6,670) (3,181) (144,871) Effect of changes in the foreign exchange rate — — — (8) — (8) Ending balance at original discount rates 3,823,510 3,605,315 799,316 322,706 107,143 8,657,990 Effect of change from original to current discount rates (65,023) (355,849) 16,462 5,730 1,474 (397,206) Balance at June 30, 2024 $ 3,758,487 $ 3,249,466 $ 815,778 $ 328,436 $ 108,617 $ 8,260,784 (1) Issuances represent the present value, using the original discount rate, of the expected future policy benefits related to new policies issued during each respective period. (2) The interest accrual is the interest earned on the beginning present value of the expected future policy benefits, as well as the interest on actual benefits and expenses paid during the period, using the original interest rate. (3) Benefit payments represent the release of the present value, using the original discount rate, of the actual future policy benefits incurred during the based on the revised expected assumptions. Health (2) Net liability for future policy benefits as of June 30, 2023 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates $ 131,108 $ 1,664,961 $ 480,699 $ 113,378 $ (3,652) $ 2,386,494 Effect of changes in discount rate assumptions 727 (158,520) 32,898 13,357 (166) (111,704) Other adjustments (1) 4,702 69 6,049 605 4,645 16,070 Net liability for future policy benefits, after other adjustments, at current discount rates 136,537 1,506,510 519,646 127,340 827 2,290,860 Reinsurance recoverable (3,598) (9,866) (1,378) — — (14,842) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 132,939 $ 1,496,644 $ 518,268 $ 127,340 $ 827 $ 2,276,018 (1) Other adjustments include the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction noted below. Health Net liability for future policy benefits as of June 30, 2024 United American Family Heritage Liberty National American Income Direct to Consumer Total Net liability for future policy benefits at original discount rates 103,402 1,781,587 460,382 113,839 (6,104) 2,453,106 Effect of changes in discount rate assumptions (3,406) (222,918) 17,655 8,708 (155) (200,116) Other adjustments (1) 14,032 52 9,169 933 6,952 31,138 Net liability for future policy benefits, after other adjustments, at current discount rates 114,028 1,558,721 487,206 123,480 693 2,284,128 Reinsurance recoverable (2,905) (10,470) (1,114) — — (14,489) Net liability for future policy benefits, after reinsurance recoverable, at current discount rates $ 111,123 $ 1,548,251 $ 486,092 $ 123,480 $ 693 $ 2,269,639 (1) Other adjustments include the effects of flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). The following table reconciles the liability for future policy benefits to the Condensed Consolidated Balance Sheets as of June 30, 2024 and 2023: At Original Discount Rates At Current Discount Rates As of June 30, As of June 30, 2024 2023 (2) 2024 2023 (2) Life (1) : American Income $ 4,705,606 $ 4,354,545 $ 5,175,698 $ 5,195,432 Direct to Consumer 3,078,612 2,892,543 3,479,316 3,503,406 Liberty National 2,275,889 2,226,220 2,339,535 2,405,467 Other 3,107,805 3,003,041 3,532,049 3,638,462 Net liability for future policy benefits—long duration life 13,167,912 12,476,349 14,526,598 14,742,767 Health (1) : United American 115,771 134,120 114,028 136,537 Family Heritage 1,781,632 1,665,025 1,558,721 1,506,510 Liberty National 469,145 485,797 487,206 519,646 American Income 114,716 113,981 123,480 127,340 Direct to Consumer 673 798 693 827 Net liability for future policy benefits—long duration health 2,481,937 2,399,721 2,284,128 2,290,860 Deferred profit liability 176,123 172,531 176,123 172,531 Deferred annuity 706,022 853,064 706,022 853,064 Interest sensitive life 728,097 736,920 728,097 736,920 Other 9,702 9,906 9,704 9,909 Total future policy benefits $ 17,269,793 $ 16,648,491 $ 18,430,672 $ 18,806,051 (1) Balances are presented net of the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculation level of the liability for future policy benefits). (2) Includes the immaterial error correction for reinsurance as noted above. The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the additional insurance liabilities as of June 30, 2024 and 2023: As of June 30, 2024 2023 Original discount rate Current discount rate Original discount rate Current discount rate Life American Income 5.7 % 5.3 % 5.8 % 5.0 % Direct to Consumer 6.0 % 5.4 % 6.0 % 5.1 % Liberty National 5.6 % 5.4 % 5.6 % 5.1 % Other 6.2 % 5.4 % 6.2 % 5.1 % Health United American 5.1 % 5.2 % 5.1 % 4.9 % Family Heritage 4.2 % 5.3 % 4.3 % 5.1 % Liberty National 5.8 % 5.4 % 5.8 % 5.1 % American Income 5.8 % 5.2 % 5.9 % 4.9 % Direct to Consumer 5.1 % 5.2 % 5.1 % 4.9 % The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabilities as of June 30, 2024 and 2023: As of June 30, 2024 2023 At original discount rates At current discount rates At original discount rates At current discount rates Life American Income 23.03 23.17 22.91 23.45 Direct to Consumer 19.44 20.66 20.12 21.81 Liberty National 15.22 15.40 14.97 15.69 Other 16.10 17.23 16.44 18.19 Health United American 11.59 10.64 11.37 10.79 Family Heritage 15.16 14.21 14.87 14.41 Liberty National 9.26 9.26 9.34 9.68 American Income 12.35 12.55 12.12 12.73 Direct to Consumer 11.59 10.64 11.37 10.79 The following tables summarize the amount of gross premiums and interest related to long duration life and health contracts that are recognized in the Condensed Consolidated Statements of Operations for the three and six month periods ended June 30, 2024 and 2023: Life Six Months Ended Six Months Ended Gross Interest Gross Interest American Income $ 836,931 $ 133,928 $ 781,453 $ 123,816 Direct to Consumer 491,235 89,541 490,443 84,062 Liberty National 181,110 61,153 169,570 59,670 Other 101,652 92,151 103,343 88,926 Total $ 1,610,928 $ 376,773 $ 1,544,809 $ 356,474 Life Three Months Ended Three Months Ended Gross Interest Gross Interest American Income $ 423,172 $ 67,549 $ 394,308 $ 62,385 Direct to Consumer 246,041 45,081 245,736 42,348 Liberty National 91,239 30,611 85,498 29,901 Other 50,583 46,233 51,507 44,652 Total $ 811,035 $ 189,474 $ 777,049 $ 179,286 Health Six Months Ended Six Months Ended Gross Interest Gross Interest United American $ 214,850 $ 3,041 $ 198,679 $ 3,604 Family Heritage 209,246 35,204 194,219 32,272 Liberty National 94,952 13,155 93,434 13,801 American Income 58,389 3,314 56,335 3,256 Direct to Consumer 7,390 — 7,097 — Total $ 584,827 $ 54,714 $ 549,764 $ 52,933 Health Three Months Ended Three Months Ended Gross Interest Gross Interest United American $ 110,753 $ 1,474 $ 100,847 $ 1,782 Family Heritage 105,855 17,773 98,129 16,295 Liberty National 47,518 6,572 46,690 6,881 American Income 29,470 1,659 28,239 1,624 Direct to Consumer 3,733 — 3,555 — Total $ 297,329 $ 27,478 $ 277,460 $ 26,582
Schedule of Undiscounted and Discounted Expected Future Gross Premiums and Expected Future Benefits And Expenses	The following tables provide the undiscounted and discounted expected future net premiums, expected future gross premiums, and expected future policy benefits, at both original and current discount rates, for life and health contracts as of June 30, 2024 and 2023: Life As of June 30, 2024 As of June 30, 2023 Not discounted At original discount rates At current discount rates Not discounted At original discount rates At current discount rates American Income PV of expected future gross premiums $ 25,077,717 $ 14,130,383 $ 14,177,334 $ 23,507,444 $ 13,292,363 $ 13,604,682 PV of expected future net premiums 8,240,194 4,648,111 4,635,903 7,764,339 4,399,053 4,472,847 PV of expected future policy benefits 31,638,799 9,353,526 9,811,407 29,442,642 8,753,526 9,668,207 DTC PV of expected future gross premiums $ 17,605,488 $ 9,202,366 $ 9,418,076 $ 17,486,509 $ 9,157,664 $ 9,599,872 PV of expected future net premiums 10,784,908 5,670,288 5,810,518 10,811,358 5,700,354 5,988,577 PV of expected future policy benefits 25,978,972 8,748,900 9,289,834 25,685,249 8,592,897 9,487,233 Liberty National PV of expected future gross premiums $ 4,760,222 $ 2,777,507 $ 2,744,508 $ 4,511,931 $ 2,630,182 $ 2,657,925 PV of expected future net premiums 1,900,361 1,080,642 1,085,233 1,891,335 1,071,561 1,110,017 PV of expected future policy benefits 8,997,194 3,356,531 3,424,768 8,710,626 3,297,781 3,507,845 Other PV of expected future gross premiums $ 3,671,193 $ 1,866,118 $ 1,974,726 $ 3,773,740 $ 1,909,405 $ 2,075,784 PV of expected future net premiums 897,326 437,551 449,883 914,258 445,475 471,279 PV of expected future policy benefits 12,433,005 3,545,323 3,981,898 12,398,774 3,448,491 4,109,706 Total PV of expected future gross premiums $ 51,114,620 $ 27,976,374 $ 28,314,644 $ 49,279,624 $ 26,989,614 $ 27,938,263 PV of expected future net premiums 21,822,789 11,836,592 11,981,537 21,381,290 11,616,443 12,042,720 PV of expected future policy benefits 79,047,970 25,004,280 26,507,907 76,237,291 24,092,695 26,772,991 Health As of June 30, 2024 As of June 30, 2023 Not discounted At original discount rates At current discount rates Not discounted At original discount rates At current discount rates United American PV of expected future gross premiums $ 8,930,346 $ 5,449,708 $ 5,359,418 $ 6,896,513 $ 4,338,871 $ 4,335,298 PV of expected future net premiums 6,100,831 3,720,108 3,658,491 4,754,498 2,985,660 2,984,554 PV of expected future policy benefits 6,287,625 3,823,510 3,758,487 4,976,470 3,116,768 3,116,389 Family Heritage PV of expected future gross premiums $ 6,998,187 $ 4,103,577 $ 3,823,106 $ 6,569,913 $ 3,903,618 $ 3,684,436 PV of expected future net premiums 3,092,463 1,823,728 1,690,797 2,958,074 1,771,206 1,661,020 PV of expected future policy benefits 6,909,758 3,605,315 3,249,466 6,483,691 3,436,167 3,167,461 Liberty National PV of expected future gross premiums $ 2,061,622 $ 1,307,386 $ 1,326,826 $ 2,212,104 $ 1,382,884 $ 1,429,939 PV of expected future net premiums 505,985 338,934 337,741 627,206 400,180 409,551 PV of expected future policy benefits 1,391,768 799,316 815,778 1,561,839 880,879 923,148 American Income PV of expected future gross premiums $ 1,792,241 $ 1,003,909 $ 1,021,346 $ 1,787,907 $ 998,307 $ 1,035,471 PV of expected future net premiums 373,186 208,867 205,889 360,163 201,709 201,844 PV of expected future policy benefits 656,571 322,706 328,436 640,722 315,087 328,579 Direct to Consumer PV of expected future gross premiums $ 242,288 $ 151,969 $ 154,318 $ 174,681 $ 114,216 $ 118,015 PV of expected future net premiums 180,882 113,247 114,876 133,047 86,840 89,674 PV of expected future policy benefits 168,428 107,143 108,617 125,192 83,188 85,856 Total PV of expected future gross premiums $ 20,024,684 $ 12,016,549 $ 11,685,014 $ 17,641,118 $ 10,737,896 $ 10,603,159 PV of expected future net premiums 10,253,347 6,204,884 6,007,794 8,832,988 5,445,595 5,346,643 PV of expected future policy benefits 15,414,150 8,657,990 8,260,784 13,787,914 7,832,089 7,621,433
Schedule of Policyholder Account Balance	The following table summarizes the balances of, and changes in, policyholders’ account balances as of June 30, 2024 and 2023: Policyholders' Account Balances 2024 2023 Interest Sensitive Life Deferred Annuity Other Policy-holders' Funds Interest Sensitive Life Deferred Annuity Other Policy-holders' Funds Balance at January 1, $ 732,948 $ 773,039 $ 236,958 $ 739,105 $ 954,318 $ 123,234 Issuances — 358 — — 371 — Premiums received 11,110 6,409 168,470 11,664 8,104 68,409 Policy charges (6,172) — — (6,516) — — Surrenders and withdrawals (11,476) (62,562) (7,351) (10,622) (87,271) (6,324) Benefit payments (16,740) (24,137) — (15,495) (37,412) — Interest credited 13,968 12,213 9,104 14,191 14,745 3,339 Other 4,459 702 (6,556) 4,593 209 (785) Balance at June 30, $ 728,097 $ 706,022 $ 400,625 $ 736,920 $ 853,064 $ 187,873 Policyholders' Account Balances 2024 2023 Interest Sensitive Life Deferred Annuity Other Policy-holders' Funds Interest Sensitive Life Deferred Annuity Other Policy-holders' Funds Balance at April 1, $ 729,721 $ 739,019 $ 401,269 $ 737,900 $ 907,797 $ 142,686 Issuances — 160 — — 169 — Premiums received 5,486 2,836 1,770 5,634 3,328 46,747 Policy charges (3,061) — — (3,197) — — Surrenders and withdrawals (5,167) (30,999) (3,834) (5,238) (43,738) (3,021) Benefit payments (7,600) (11,366) — (7,651) (21,628) — Interest credited 6,952 5,970 5,583 7,056 7,185 2,101 Other 1,766 402 (4,163) 2,416 (49) (640) Balance at June 30, $ 728,097 $ 706,022 $ 400,625 $ 736,920 $ 853,064 $ 187,873 Weighted-average credit rate 3.87 % 3.35 % 5.69 % 3.88 % 3.30 % 5.18 % Net amount at risk $ 1,714,347 N/A N/A $ 1,819,695 N/A N/A Cash surrender value $ 680,564 $ 706,022 $ 400,625 $ 675,044 $ 853,064 $ 187,872
Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate	The following tables present the policyholders' account balances by range of guaranteed minimum crediting rates and the related range of difference, if any, in basis points between rates being credited to policy holders and the respective guaranteed minimums as of June 30, 2024 and 2023: At June 30, 2024 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 1,743 $ 304,454 3.00%-3.99% 29,238 515,442 3,246 4.00%-4.99% 608,867 187,985 6,539 Greater than 5.00% 89,992 — 36,775 Total 728,097 705,170 351,014 51-150 basis points above Less than 3.00% — — — 3.00%-3.99% — — — 4.00%-4.99% — — 49,611 Greater than 5.00% — — — Total — — 49,611 Greater than 150 basis points above Less than 3.00% — — — 3.00%-3.99% — 852 — 4.00%-4.99% — — — Greater than 5.00% — — — Total — 852 — Grand Total $ 728,097 $ 706,022 $ 400,625 At June 30, 2023 Range of guaranteed minimum crediting rates Interest Sensitive Life Deferred Annuity Other Policyholders' Funds At guaranteed minimum Less than 3.00% $ — $ 2,076 $ 88,301 3.00%-3.99% 29,014 647,355 4,025 4.00%-4.99% 618,071 203,633 8,587 Greater than 5.00% 89,835 — 38,594 Total 736,920 853,064 139,507 51-150 basis points above Less than 3.00% $ — $ — $ — 3.00%-3.99% — — — 4.00%-4.99% — — 48,366 Greater than 5.00% — — — Total — — 48,366 Greater than 150 basis points above Less than 3.00% $ — $ — $ — 3.00%-3.99% — — — 4.00%-4.99% — — — Greater than 5.00% — — — Total — — — Grand Total $ 736,920 $ 853,064 $ 187,873

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Analysis of Deferred Acquisition Costs	The following tables roll forward the deferred policy acquisition costs for the three and six month periods ended June 30, 2024 and 2023: Life American Income DTC Liberty National Other Total Balance at January 1, 2023 $ 2,258,291 $ 1,676,931 $ 610,723 $ 298,346 $ 4,844,291 Capitalizations 234,172 87,389 50,649 6,767 378,977 Amortization expense (77,742) (49,605) (25,163) (8,252) (160,762) Foreign exchange adjustment 2,759 — — — 2,759 Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Balance at January 1, 2024 $ 2,573,370 $ 1,737,117 $ 666,419 $ 294,869 $ 5,271,775 Capitalizations 259,856 78,976 58,100 6,280 403,212 Amortization expense (87,377) (50,420) (27,614) (8,272) (173,683) Foreign exchange adjustment (5,711) — — — (5,711) Balance at June 30, 2024 $ 2,740,138 $ 1,765,673 $ 696,905 $ 292,877 $ 5,495,593 Life American Income DTC Liberty National Other Total Balance at April 1, 2023 $ 2,332,600 $ 1,699,588 $ 622,532 $ 297,542 $ 4,952,262 Capitalizations 118,777 39,979 26,428 3,446 188,630 Amortization expense (39,443) (24,852) (12,751) (4,127) (81,173) Foreign exchange adjustment 5,546 — — — 5,546 Balance at June 30, 2023 $ 2,417,480 $ 1,714,715 $ 636,209 $ 296,861 $ 5,065,265 Balance at April 1, 2024 $ 2,652,009 $ 1,754,184 $ 678,885 $ 293,747 $ 5,378,825 Capitalizations 132,413 36,851 32,035 3,267 204,566 Amortization expense (44,401) (25,362) (14,015) (4,137) (87,915) Foreign exchange adjustment 117 — — — 117 Balance at June 30, 2024 $ 2,740,138 $ 1,765,673 $ 696,905 $ 292,877 $ 5,495,593 Health United American Family Heritage Liberty National American Income DTC Total Balance at January 1, 2023 $ 77,394 $ 416,608 $ 133,096 $ 57,811 $ 1,854 $ 686,763 Capitalizations 996 30,591 9,734 6,320 — 47,641 Amortization expense (3,041) (13,200) (6,554) (1,903) (94) (24,792) Foreign exchange adjustment — — — 57 — 57 Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Balance at January 1, 2024 $ 73,489 $ 452,843 $ 139,941 $ 66,783 $ 1,679 $ 734,735 Capitalizations 1,289 33,932 12,444 7,280 2 54,947 Amortization expense (2,803) (14,521) (7,288) (2,237) (73) (26,922) Foreign exchange adjustment — — — (237) — (237) Balance at June 30, 2024 $ 71,975 $ 472,254 $ 145,097 $ 71,589 $ 1,608 $ 762,523 Health United American Family Heritage Liberty National American Income DTC Total Balance at April 1, 2023 $ 76,388 $ 425,145 $ 134,728 $ 59,890 $ 1,807 $ 697,958 Capitalizations 489 15,494 4,852 3,177 — 24,012 Amortization expense (1,528) (6,640) (3,304) (965) (47) (12,484) Foreign exchange adjustment — — — 183 — 183 Balance at June 30, 2023 $ 75,349 $ 433,999 $ 136,276 $ 62,285 $ 1,760 $ 709,669 Balance at April 1, 2024 $ 72,604 $ 462,346 $ 144,313 $ 68,938 $ 1,643 $ 749,844 Capitalizations 793 17,242 4,465 3,750 1 26,251 Amortization expense (1,422) (7,334) (3,681) (1,138) (36) (13,611) Foreign exchange adjustment — — — 39 — 39 Balance at June 30, 2024 $ 71,975 $ 472,254 $ 145,097 $ 71,589 $ 1,608 $ 762,523 The following table presents a reconciliation of deferred policy acquisition costs to the Condensed Consolidated Balance Sheets as of June 30, 2024: June 30, 2024 2023 Life American Income $ 2,740,138 $ 2,417,480 Direct to Consumer 1,765,673 1,714,715 Liberty National 696,905 636,209 Other 292,877 296,861 Total DAC—Life 5,495,593 5,065,265 Health United American 71,975 75,349 Family Heritage 472,254 433,999 Liberty National 145,097 136,276 American Income 71,589 62,285 Direct to Consumer 1,608 1,760 Total DAC—Health 762,523 709,669 Annuity 2,178 3,798 Tota l $ 6,260,294 $ 5,778,732

Liability for Unpaid Claims (Ta

Liability for Unpaid Claims (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Liability for Unpaid Health Claims	Activity in the liability for unpaid health claims is summarized as follows: June 30, December 31, Balance at beginning of period $ 194,809 $ 184,286 Less reinsurance recoverables (2,157) (2,084) Net balance at beginning of period 192,652 182,202 Incurred related to: Current year 368,295 697,521 Prior years (3,930) (4,853) Total incurred 364,365 692,668 Paid related to: Current year 225,585 535,971 Prior years 128,535 146,247 Total paid 354,120 682,218 Net balance at end of period 202,897 192,652 Plus reinsurance recoverables 1,668 2,157 Balance at end of period $ 204,565 $ 194,809
Schedule of Reconciliation of Policy Claims and Other Benefits Payable	Below is the reconciliation of the liability of "Policy claims and other benefits payable" in the Condensed Consolidated Balance Sheets . June 30, December 31, Policy claims and other benefits payable: Life insurance $ 321,561 $ 320,066 Health insurance 204,565 194,809 Total $ 526,126 $ 514,875

Postretirement Benefits (Tables

Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
Schedule of Pension Assets by Component at Fair Value	Pension Assets: The following table presents the assets of the Company's Pension Plans at June 30, 2024 and December 31, 2023. Pension Assets by Component at June 30, 2024 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Total Amount % of Exchange traded fund (4) $ 35,996 $ — $ — $ 35,996 6 Equity exchange traded fund (1) 295,168 — — 295,168 50 U.S. Government and Agency — 180,280 — 180,280 30 Other bonds — 4 — 4 — Guaranteed annuity contract (2) — 43,736 — 43,736 7 Short-term investments 8,808 — — 8,808 2 Other 1,103 — — 1,103 — $ 341,075 $ 224,020 $ — 565,095 95 Other long-term investments (3) 26,977 5 Total pension assets $ 592,072 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of June 30, 2024, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4) A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years. Pension Assets by Component at December 31, 2023 Fair Value Determined by: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Amount % of Exchange traded fund (4) $ 18,715 $ — $ — $ 18,715 3 Equity exchange traded fund (1) 315,886 — — 315,886 55 U.S. Government and Agency — 167,450 — 167,450 30 Other bonds — 5 — 5 — Guaranteed annuity contract (2) — 43,428 — 43,428 8 Short-term investments 6,506 — — 6,506 1 Other 463 — — 463 — $ 341,570 $ 210,883 $ — 552,453 97 Other long-term investments (3) 18,314 3 Total pension assets $ 570,767 100 (1) A fund including marketable securities that mirror the S&P 500 index. (2) Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan. (3) Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of December 31, 2023, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds. (4)
Schedule of Information Regarding the SERP	The following tables include premiums paid for the company owned life insurance (COLI) at June 30, 2024 and 2023 and investments of the Rabbi Trust at June 30, 2024 and December 31, 2023. Six Months Ended 2024 2023 Premiums paid for insurance coverage $ 443 $ 443 June 30, December 31, Total investments: COLI $ 56,423 $ 55,185 Exchange traded funds 92,857 86,156 $ 149,280 $ 141,341
Schedule of Pension Liability	The following table presents liabilities for the defined benefit pension plans and SERP at June 30, 2024 and December 31, 2023. June 30, December 31, Pension Plans $ 581,490 $ 554,957 SERP 72,579 72,603 Benefit obligation $ 654,069 $ 627,560
Schedule of Net Periodic Benefit Cost	The following table presents the net periodic benefit costs for the defined benefit pension plans and SERP by expense components for the three and six month periods ended June 30, 2024 and 2023. Components of Net Periodic Benefit Cost Three Months Ended Six Months Ended 2024 2023 2024 2023 Service cost—benefits earned during the period $ 6,228 $ 5,390 $ 12,449 $ 10,782 Interest cost on projected benefit obligation 8,308 7,834 16,575 15,668 Expected return on assets (10,647) (9,656) (21,293) (19,312) Amortization: Prior service cost 269 269 538 538 Actuarial (gain) loss 6 (52) 12 (104) Net periodic benefit cost $ 4,164 $ 3,785 $ 8,281 $ 7,572

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Reconciliation of Basic and Diluted Weighted-Average Shares Outstanding	A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 Basic weighted average shares outstanding 91,441,350 95,330,416 92,653,478 95,856,391 Weighted average dilutive options outstanding — 921,019 333,855 1,228,920 Diluted weighted average shares outstanding 91,441,350 96,251,435 92,987,333 97,085,311 Antidilutive shares 4,958,491 492,970 2,063,624 351,343

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Selected Information about Debt Issues	The following table presents information about the terms and outstanding balances of Globe Life's debt. Selected Information about Debt Issues As of June 30, December 31, Instrument Issue Date Maturity Date Coupon Rate Par Unamortized Discount & Issuance Costs Book Fair Book Senior notes 09/27/2018 09/15/2028 4.550% $ 550,000 $ (3,359) $ 546,641 $ 522,121 $ 546,283 Senior notes 08/21/2020 08/15/2030 2.150% 400,000 (3,099) 396,901 320,552 396,670 Senior notes (1) 05/19/2022 06/15/2032 4.800% 250,000 (3,928) 246,072 229,785 245,873 Junior subordinated debentures 11/17/2017 11/17/2057 5.275% 125,000 (1,565) 123,435 109,258 123,427 Junior subordinated debentures 06/14/2021 06/15/2061 4.250% 325,000 (7,653) 317,347 194,480 317,306 Total long-term debt 1,650,000 (19,604) 1,630,396 1,376,196 1,629,559 Term loan (2) 05/11/2023 11/11/2024 6.420% 170,000 (196) 169,804 169,804 169,549 FHLB borrowings 180,000 — 180,000 180,000 — Commercial paper 313,225 (8,423) 304,802 304,802 316,564 Total short-term debt 663,225 (8,619) 654,606 654,606 486,113 Total debt $ 2,313,225 $ (28,223) $ 2,285,002 $ 2,030,802 $ 2,115,672 (1) An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation. (2) Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points. The following tables present certain information about our commercial paper borrowings. Credit Facility—Commercial Paper (Dollar amounts in thousands) At June 30, December 31, 2023 June 30, Balance of commercial paper at end of period (par value) $ 313,225 $ 319,000 $ 260,000 Annualized interest rate 6.02 % 5.71 % 5.57 % Letters of credit outstanding $ 115,000 $ 115,000 $ 115,000 Remaining amount available under credit line 571,775 316,000 375,000 Credit Facility—Commercial Paper Activity (Dollar amounts in thousands) Six Months Ended June 30, 2024 2023 Average balance of commercial paper outstanding during period (par value) $ 392,905 $ 313,259 Daily-weighted average interest rate (annualized) 5.76 % 5.21 % Maximum daily amount outstanding during period (par value) $ 633,425 $ 477,700 Commercial paper issued during period (par value) 997,492 1,055,000 Commercial paper matured during period (par value) (1,003,267) (1,080,000) Net commercial paper issued (matured) during period (par value) (5,775) (25,000)

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Premium Income by Distribution Channel	The following tables present segment premium revenue by each of Globe Life's distribution channels. Premium Income by Distribution Channel Three Months Ended June 30, 2024 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 423,534 52 $ 30,721 9 $ — — $ 454,255 39 Direct to Consumer 248,839 31 18,132 5 — — 266,971 23 Liberty National 92,197 11 47,705 14 — — 139,902 12 United American 1,558 — 149,230 42 — — 150,788 13 Family Heritage 1,645 — 105,855 30 — — 107,500 9 Other 47,709 6 — — — — 47,709 4 $ 815,482 100 $ 351,643 100 $ — — $ 1,167,125 100 Three Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 394,620 51 $ 29,527 9 $ — — $ 424,147 38 Direct to Consumer 248,607 32 17,175 5 — — 265,782 24 Liberty National 86,634 11 46,903 14 — — 133,537 12 United American 1,849 — 137,453 42 — — 139,302 13 Family Heritage 1,513 — 98,129 30 — — 99,642 9 Other 48,510 6 — — — — 48,510 4 $ 781,733 100 $ 329,187 100 $ — — $ 1,110,920 100 Six Months Ended June 30, 2024 Life Health Annuity Total Distribution Channel Amount % of Amount % of Amount % of Amount % of American Income $ 837,578 52 $ 61,218 9 $ — — $ 898,796 39 Direct to Consumer 496,879 31 35,998 5 — — 532,877 23 Liberty National 182,974 11 95,335 14 — — 278,309 12 United American 3,401 — 290,865 42 — — 294,266 13 Family Heritage 3,261 — 209,246 30 — — 212,507 9 Other 95,654 6 — — — — 95,654 4 $ 1,619,747 100 $ 692,662 100 $ — — $ 2,312,409 100 Six Months Ended June 30, 2023 Life Health Annuity Total Distribution Channel Amount % of Total Amount % of Total Amount % of Total Amount % of Total American Income $ 782,132 51 $ 59,121 9 $ — — $ 841,253 38 Direct to Consumer 496,274 32 34,423 5 — — 530,697 24 Liberty National 171,837 11 93,875 14 — — 265,712 12 United American 3,731 — 270,060 42 — — 273,791 12 Family Heritage 2,993 — 194,201 30 — — 197,194 9 Other 97,363 6 — — — — 97,363 5 $ 1,554,330 100 $ 651,680 100 $ — — $ 2,206,010 100
Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations	The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income. Three Months Ended June 30, 2024 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 815,482 $ 351,643 $ — $ — $ — $ — $ 1,167,125 Net investment income — — — 285,636 — — 285,636 Other income — — — — 74 — 74 Total revenue 815,482 351,643 — 285,636 74 — 1,452,835 Expenses: Policy benefits 518,792 205,423 5,943 5,536 — — 735,694 Required interest on reserves (201,815) (27,410) (8,084) 237,309 — — — Amortization of acquisition costs 87,915 13,611 389 — — — 101,915 Commissions, premium taxes, and non-deferred acquisition costs 90,267 59,531 4 — — — 149,802 Insurance administrative expense (1) — — — — 82,196 916 (2) 83,112 Parent expense — — — — 3,130 2,776 (2,3) 5,906 Stock-based compensation expense — — — — 10,090 — 10,090 Interest expense — — — — 31,404 — 31,404 Total expenses 495,159 251,155 (1,748) 242,845 126,820 3,692 1,117,923 Subtotal 320,323 100,488 1,748 42,791 (126,746) (3,692) 334,912 Non-operating items — — — — — 3,692 (2,3) 3,692 Measure of segment profitability (pretax) $ 320,323 $ 100,488 $ 1,748 $ 42,791 $ (126,746) $ — 338,604 Realized gains (losses) (12,589) Legal costs and proceedings (2,435) Non-operating expenses (1,257) Income before income taxes per Condensed Consolidated Statements of Operations $ 322,323 (1) Administrative expense is not allocated to insurance segments. (2) Legal costs and proceedings. (3) Non-operating expenses. Three Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 781,733 $ 329,187 $ — $ — $ — $ — $ 1,110,920 Net investment income — — — 261,244 — — 261,244 Other income — — — — 85 — 85 Total revenue 781,733 329,187 — 261,244 85 — 1,372,249 Expenses: Policy obligations 512,664 195,924 7,107 1,815 — — 717,510 Required interest on reserves (191,781) (26,548) (9,715) 228,044 — — — Amortization of acquisition costs 81,173 12,484 423 — — — 94,080 Commissions, premium taxes, and non-deferred acquisition costs 83,547 54,908 4 — — — 138,459 Insurance administrative expense (1) — — — — 75,459 — 75,459 Parent expense — — — — 3,088 3,088 Stock-based compensation expense — — — — 7,486 — 7,486 Interest expense — — — — 25,818 — 25,818 Total expenses 485,603 236,768 (2,181) 229,859 111,851 — 1,061,900 Subtotal 296,130 92,419 2,181 31,385 (111,766) — 310,349 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 296,130 $ 92,419 $ 2,181 $ 31,385 $ (111,766) $ — 310,349 Realized gains (losses) (45,843) Income before income taxes per Condensed Consolidated Statements of Operations $ 264,506 (1) Administrative expense is not allocated to insurance segments. Six Months Ended June 30, 2024 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,619,747 $ 692,662 $ — $ — $ — $ — $ 2,312,409 Net investment income — — — 568,214 — — 568,214 Other income — — — — 150 — 150 Total revenue 1,619,747 692,662 — 568,214 150 — 2,880,773 Expenses: Policy obligations 1,038,663 407,750 12,070 9,004 — — 1,467,487 Required interest on reserves (401,522) (54,583) (16,529) 472,634 — — — Required interest on DAC — — — — — — — Amortization of acquisition costs 173,683 26,922 788 — — — 201,393 Commissions, premium taxes, and non-deferred acquisition costs 179,589 118,315 8 — — — 297,912 Insurance administrative expense (1) — — — — 162,607 916 (2) 163,523 Parent expense — — — — 5,956 3,486 (2,3) 9,442 Stock-based compensation expense — — — — 19,357 — 19,357 Interest expense — — — — 60,025 — 60,025 Total expenses 990,413 498,404 (3,663) 481,638 247,945 4,402 2,219,139 Subtotal 629,334 194,258 3,663 86,576 (247,795) (4,402) 661,634 Non-operating items — — — — — 4,402 (2,3) 4,402 Measure of segment profitability (pretax) $ 629,334 $ 194,258 $ 3,663 $ 86,576 $ (247,795) $ — 666,036 Realized gains (losses) (24,388) Legal costs and proceedings (2,435) Non-operating expenses (1,967) Income before income taxes per Condensed Consolidated Statements of Operations $ 637,246 (1) Administrative expense is not allocated to insurance segments. (2) Legal costs and proceedings. (3) Non-operating expenses. Six Months Ended June 30, 2023 Life Health Annuity Investment Corporate & Other Adjustments Consolidated Revenue: Premium $ 1,554,330 $ 651,680 $ — $ — $ — $ — $ 2,206,010 Net investment income — — — 518,349 — — 518,349 Other income — — — — 135 — 135 Total revenue 1,554,330 651,680 — 518,349 135 — 2,724,494 Expenses: Policy obligations 1,020,641 386,886 14,648 3,262 — — 1,425,437 Required interest on reserves (381,602) (52,871) (19,974) 454,447 — — — Amortization of acquisition costs 160,762 24,792 848 — — — 186,402 Commissions, premium taxes, and non-deferred acquisition costs 167,125 109,122 9 — — — 276,256 Insurance administrative expense (1) — — — — 149,366 — 149,366 Parent expense — — — — 5,673 — 5,673 Stock-based compensation expense — — — — 15,165 — 15,165 Interest expense — — — — 50,685 — 50,685 Total expenses 966,926 467,929 (4,469) 457,709 220,889 — 2,108,984 Subtotal 587,404 183,751 4,469 60,640 (220,754) — 615,510 Non-operating items — — — — — — — Measure of segment profitability (pretax) $ 587,404 $ 183,751 $ 4,469 $ 60,640 $ (220,754) $ — 615,510 Realized gains (losses) (76,770) Income before income taxes per Condensed Consolidated Statements of Operations $ 538,740 (1) Administrative expense is not allocated to insurance segments.

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Details)	6 Months Ended
	Jun. 30, 2024 segment
Accounting Policies [Abstract]
Number of reportable segments	4

Supplemental Information abou_3

Supplemental Information about Changes to Accumulated Other Comprehensive Income - Schedule of Change in Balance by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	$ 5,039,161	$ 3,846,291	$ 4,486,803	$ 3,949,577
Other comprehensive income (loss) before reclassifications, net of tax	271,674	(21,593)	578,671	(218,082)
Reclassifications, net of tax	5,942	38,789	4,128	64,498
Other comprehensive income (loss)	277,616	17,196	582,799	(153,584)
Ending balance	5,227,754	3,980,306	5,227,754	3,980,306
Total
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(2,467,236)	(2,961,093)	(2,772,419)	(2,790,313)
Ending balance	(2,189,620)	(2,943,897)	(2,189,620)	(2,943,897)
Available for Sale Assets
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,069,185)	(1,016,764)	(827,596)	(1,420,672)
Other comprehensive income (loss) before reclassifications, net of tax	(207,874)	(271,681)	(447,558)	106,481
Reclassifications, net of tax	5,846	39,046	3,941	64,792
Other comprehensive income (loss)	(202,028)	(232,635)	(443,617)	171,273
Ending balance	(1,271,213)	(1,249,399)	(1,271,213)	(1,249,399)
Future Policy Benefits
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(1,390,759)	(1,938,707)	(1,947,391)	(1,369,204)
Other comprehensive income (loss) before reclassifications, net of tax	479,042	241,906	1,035,674	(327,597)
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	479,042	241,906	1,035,674	(327,597)
Ending balance	(911,717)	(1,696,801)	(911,717)	(1,696,801)
Foreign Exchange
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(5,232)	(6,829)	4,719	(1,681)
Other comprehensive income (loss) before reclassifications, net of tax	506	8,182	(9,445)	3,034
Reclassifications, net of tax	0	0	0	0
Other comprehensive income (loss)	506	8,182	(9,445)	3,034
Ending balance	(4,726)	1,353	(4,726)	1,353
Pension Adjustments
Increase (Decrease) in AOCI, Net of Tax
Beginning balance	(2,060)	1,207	(2,151)	1,244
Other comprehensive income (loss) before reclassifications, net of tax	0	0	0	0
Reclassifications, net of tax	96	(257)	187	(294)
Other comprehensive income (loss)	96	(257)	187	(294)
Ending balance	$ (1,964)	$ 950	$ (1,964)	$ 950

Supplemental Information abou_4

Supplemental Information about Changes to Accumulated Other Comprehensive Income - Schedule of Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$ 12,589	$ 45,843	$ 24,388	$ 76,770
Net investment income	(285,636)	(261,244)	(568,214)	(518,349)
Other operating expense	99,108	86,033	192,322	170,204
Total before tax	(322,323)	(264,506)	(637,246)	(538,740)
Tax	63,968	49,246	124,674	99,870
Total after-tax	(258,355)	(215,260)	(512,572)	(438,870)
Reclassification out of Accumulated Other Comprehensive Income
Unrealized investment (gains) losses on available for sale assets:
Total after-tax	5,942	38,789	4,128	64,498
Reclassification out of Accumulated Other Comprehensive Income | Unrealized Gains (Losses) on Available for Sale Assets
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	10,217	50,347	9,989	83,471
Net investment income	(2,817)	(922)	(5,001)	(1,456)
Total before tax	7,400	49,425	4,988	82,015
Tax	(1,554)	(10,379)	(1,047)	(17,223)
Total after-tax	5,846	39,046	3,941	64,792
Reclassification out of Accumulated Other Comprehensive Income | Pension adjustments:
Unrealized investment (gains) losses on available for sale assets:
Total before tax	118	(323)	236	(371)
Tax	(22)	66	(49)	77
Total after-tax	96	(257)	187	(294)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of prior service cost
Unrealized investment (gains) losses on available for sale assets:
Other operating expense	269	269	538	538
Reclassification out of Accumulated Other Comprehensive Income | Amortization of actuarial (gain) loss
Unrealized investment (gains) losses on available for sale assets:
Other operating expense	$ (151)	$ (592)	$ (302)	$ (909)

Investments - Schedule of Fixed

Investments - Schedule of Fixed Maturities Available for Sale by Component (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 19,229,273		$ 18,924,914
Allowance for Credit Losses	(7,132)		(7,115)
Gross Unrealized Gains	264,337		451,764
Gross Unrealized Losses	(1,873,470)		(1,499,357)
Fair value	$ 17,613,008		$ 17,870,206
Percentage of total fixed maturities (as a percent)	100%		100%
U.S. Government direct, guaranteed, and government-sponsored enterprises
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 403,341		$ 398,450
Allowance for Credit Losses	0		0
Gross Unrealized Gains	3		7
Gross Unrealized Losses	(41,886)		(32,306)
Fair value	$ 361,458		$ 366,151
Percentage of total fixed maturities (as a percent)	2%		2%
States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 3,255,829		$ 3,296,305
Allowance for Credit Losses	0		0
Gross Unrealized Gains	27,781		47,346
Gross Unrealized Losses	(473,356)		(403,329)
Fair value	$ 2,810,254		$ 2,940,322
Percentage of total fixed maturities (as a percent)	16%		16%
Foreign governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 40,485		$ 44,453
Allowance for Credit Losses	0		0
Gross Unrealized Gains	0		1
Gross Unrealized Losses	(10,537)		(10,348)
Fair value	$ 29,948		$ 34,106
Percentage of total fixed maturities (as a percent)	0%		0%
Corporates
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 15,412,537		$ 15,062,244
Allowance for Credit Losses	(7,132)	$ (7,027)	(7,115)	$ (72,508)	$ (32,767)	$ 0
Gross Unrealized Gains	230,773		399,371
Gross Unrealized Losses	(1,344,442)		(1,049,317)
Fair value	$ 14,291,736		$ 14,405,183
Percentage of total fixed maturities (as a percent)	81%		81%
Corporates | Industrials
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 8,227,970		$ 8,016,126
Allowance for Credit Losses	(7,132)		(7,115)
Gross Unrealized Gains	117,908		213,078
Gross Unrealized Losses	(780,811)		(566,847)
Fair value	$ 7,557,935		$ 7,655,242
Percentage of total fixed maturities (as a percent)	43%		43%
Corporates | Financial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 5,051,320		$ 5,028,151
Allowance for Credit Losses	0		0
Gross Unrealized Gains	72,372		112,368
Gross Unrealized Losses	(439,205)		(388,340)
Fair value	$ 4,684,487		$ 4,752,179
Percentage of total fixed maturities (as a percent)	26%		27%
Corporates | Utilities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 2,133,247		$ 2,017,967
Allowance for Credit Losses	0		0
Gross Unrealized Gains	40,493		73,925
Gross Unrealized Losses	(124,426)		(94,130)
Fair value	$ 2,049,314		$ 1,997,762
Percentage of total fixed maturities (as a percent)	12%		11%
Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 36,945		$ 37,110
Allowance for Credit Losses	0		0
Gross Unrealized Gains	5,779		5,036
Gross Unrealized Losses	0		0
Fair value	$ 42,724		$ 42,146
Percentage of total fixed maturities (as a percent)	0%		0%
Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 80,136		$ 86,352
Allowance for Credit Losses	0		0
Gross Unrealized Gains	1		3
Gross Unrealized Losses	(3,249)		(4,057)
Fair value	$ 76,888		$ 82,298
Percentage of total fixed maturities (as a percent)	1%		1%

Investments - Additional Inform

Investments - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($) Issue commercial_mortgage_loan issuer loan	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) Issue commercial_mortgage_loan issuer loan	Jun. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) commercial_mortgage_loan Issue issuer	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 17,613,008		$ 17,613,008			$ 17,870,206
Percentage of fixed maturities at fair value	100%		100%			100%
Fixed maturity, portfolio issues | Issue	2,552		2,552			2,473
Fixed portfolio, number of issuers | issuer	981		981			980
Number of loans | loan	33		33
Increase in allowance for credit losses			$ 2,200
Allowance for credit losses	$ 5,826	$ 2,928	5,826	$ 2,928	$ 4,546	$ 3,672	$ 3,069	$ 1,789
Realized gains (losses)	$ (12,589)	$ (45,843)	$ (24,388)	$ (76,770)
Number of loans in non-accrual status | commercial_mortgage_loan	0		0			0
Mortgage loans	$ 343,492		$ 343,492			$ 279,199
Investment funds, unfunded commitments	647,000		647,000
Unfunded Loan Commitment
Debt Securities, Available-for-sale [Line Items]
Mortgage loans	$ 30,000		$ 30,000
Commercial Portfolio Segment
Debt Securities, Available-for-sale [Line Items]
Financing receivable, number of delinquent loans | commercial_mortgage_loan	1		1
Delinquent loans, outstanding par value (in dollars per share)	$ 1,200		$ 1,200
Delinquent loans, outstanding interest	$ 63		$ 63
Number of loans in non-accrual status | commercial_mortgage_loan	2,000		2,000
Outstanding principal on nonaccrual loan	$ 7,900		$ 7,900
Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 14,291,736		$ 14,291,736			$ 14,405,183
Percentage of fixed maturities at fair value	81%		81%			81%
Investment in Limited Partnerships
Debt Securities, Available-for-sale [Line Items]
Capital called from investment funds			$ 149,000
Investment funds, unfunded commitments	$ 647,404		647,404
Real Estate Investment Trust | Fixed maturities available for sale | Corporates
Debt Securities, Available-for-sale [Line Items]
Fair value	$ 411,000		$ 411,000			$ 425,000
Percentage of fixed maturities at fair value	2%		2%			2%

Investments - Schedule of Fix_2

Investments - Schedule of Fixed Maturities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Amortized Cost, net
Due in one year or less	$ 129,415
Due after one year through five years	734,757
Due after five years through ten years	1,794,742
Due after ten years through twenty years	8,908,777
Due after twenty years	7,537,335
Mortgage-backed and asset-backed securities	117,115
Fixed maturities, net of allowance for credit losses	19,222,141
Fair Value
Due in one year or less	128,402
Due after one year through five years	738,610
Due after five years through ten years	1,791,972
Due after ten years through twenty years	8,365,383
Due after twenty years	6,468,995
Mortgage-backed and asset-backed securities	119,646
Fixed maturities, fair value	$ 17,613,008	$ 17,870,206

Investments - Schedule of Analy

Investments - Schedule of Analysis of Investment Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Investment Income [Line Items]
Investment income, gross	$ 289,786	$ 265,177	$ 576,811	$ 526,569
Percentage change in investment income, gross	9%		10%
Less investment expense	$ (4,150)	(3,933)	$ (8,597)	(8,220)
Percentage change in investment expense	6%		5%
Net investment income	$ 285,636	261,244	$ 568,214	518,349
Percentage change in net investment income	9%		10%
Fixed maturities available for sale
Net Investment Income [Line Items]
Investment income, gross	$ 247,215	234,187	$ 493,313	466,486
Percentage change in investment income, gross	6%		6%
Policy loans
Net Investment Income [Line Items]
Investment income, gross	$ 13,084	12,234	$ 25,900	23,989
Percentage change in investment income, gross	7%		8%
Mortgage loans
Net Investment Income [Line Items]
Investment income, gross	$ 6,909	4,553	$ 13,669	8,556
Percentage change in investment income, gross	52%		60%
Other long-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 18,953	12,383	$ 38,616	24,123
Percentage change in investment income, gross	53%		60%
Short-term investments
Net Investment Income [Line Items]
Investment income, gross	$ 3,625	1,820	$ 5,313	3,415
Percentage change in investment income, gross
Fair value option
Net Investment Income [Line Items]
Net investment income	$ 18,100	$ 12,000	$ 37,000	$ 23,300

Investments - Schedule of Selec

Investments - Schedule of Selected Information about Sales of Fixed Maturities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Proceeds from sale	$ 483,051	$ 130,119	$ 510,904	$ 145,824
Gross realized gains	3,869	47	4,044	47
Gross realized losses	$ (13,933)	$ (10,503)	$ (13,968)	$ (10,861)

Investments - Schedule of Reali

Investments - Schedule of Realized Gain (Loss) on Investments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Sales and other	$ (10,113,000)	$ (10,606,000)	$ (9,973,000)	$ (10,963,000)
Provision for credit losses	(104,000)	(39,741,000)	(16,000)	(72,508,000)
Fair value option—change in fair value	(3,691,000)	5,228,000	(19,094,000)	7,086,000
Mortgage loans	(1,280,000)	(3,579,000)	(2,154,000)	(4,859,000)
Other investments	837,000	(164,000)	1,151,000	(378,000)
Realized gains (losses) from investments	(14,351,000)	(48,862,000)	(30,086,000)	(81,622,000)
Other gains (losses)	1,762,000	3,019,000	5,698,000	4,852,000
Total realized gains (losses)	(12,589,000)	(45,843,000)	(24,388,000)	(76,770,000)
Applicable tax	2,644,000	9,627,000	5,122,000	16,122,000
Realized gains (losses), net of tax	(9,945,000)	(36,216,000)	(19,266,000)	(60,648,000)
Exchanges of fixed maturities	12,000,000	17,900,000	$ 78,900,000	$ 17,900,000
Exchanges of fixed maturities, net realized gains	$ 0	$ 0

Investments - Schedule of Asset

Investments - Schedule of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 17,613,008	$ 17,870,206
Percentage of total	100%	100%
U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 361,458	$ 366,151
States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,810,254	2,940,322
Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	29,948	34,106
Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	14,291,736	14,405,183
Corporates | Industrials
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	7,557,935	7,655,242
Corporates | Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,684,487	4,752,179
Corporates | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,049,314	1,997,762
Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	42,724	42,146
Other asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	76,888	82,298
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Percentage of total	0%	0%
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporates | Industrials
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporates | Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporates | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 17,132,253	$ 17,373,327
Percentage of total	97%	97%
Significant Other Observable Inputs (Level 2) | U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 361,458	$ 366,151
Significant Other Observable Inputs (Level 2) | States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,810,254	2,940,322
Significant Other Observable Inputs (Level 2) | Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	29,948	34,106
Significant Other Observable Inputs (Level 2) | Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	13,853,705	13,950,450
Significant Other Observable Inputs (Level 2) | Corporates | Industrials
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	7,361,270	7,440,493
Significant Other Observable Inputs (Level 2) | Corporates | Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,554,292	4,621,160
Significant Other Observable Inputs (Level 2) | Corporates | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	1,938,143	1,888,797
Significant Other Observable Inputs (Level 2) | Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2) | Other asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	76,888	82,298
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 480,755	$ 496,879
Percentage of total	3%	3%	3%
Significant Unobservable Inputs (Level 3) | U.S. Government direct, guaranteed, and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0
Significant Unobservable Inputs (Level 3) | States, municipalities, and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) | Foreign governments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) | Corporates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 438,031	454,733
Percentage of total	3%		3%
Significant Unobservable Inputs (Level 3) | Corporates | Industrials
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 196,665	214,749
Significant Unobservable Inputs (Level 3) | Corporates | Financial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	130,195	131,019
Significant Unobservable Inputs (Level 3) | Corporates | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	111,171	108,965
Significant Unobservable Inputs (Level 3) | Collateralized debt obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 42,724	42,146
Percentage of total	0%		0%
Significant Unobservable Inputs (Level 3) | Other asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 0

Investments - Schedule of Chang

Investments - Schedule of Changes in Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Percent of total fixed maturities	100%		100%
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized gains (losses)	Realized gains (losses)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Significant Unobservable Inputs (Level 3)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 496,879	$ 528,447
Included in realized gains / losses	0	0
Included in other comprehensive income	(9,163)	(10,005)
Acquisitions	14,800	0
Sales	0	0
Amortization	2,244	2,291
Other	(24,005)	(16,924)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 480,755	$ 503,809
Percent of total fixed maturities	3%	3%	3%
Significant Unobservable Inputs (Level 3) | Asset- backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 0	$ 0
Included in realized gains / losses	0	0
Included in other comprehensive income	0	0
Acquisitions	0	0
Sales	0	0
Amortization	0	0
Other	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 0	$ 0
Percent of total fixed maturities	0%	0%
Significant Unobservable Inputs (Level 3) | Collateralized debt obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 42,146	$ 50,364
Included in realized gains / losses	0	0
Included in other comprehensive income	742	(8,042)
Acquisitions	0	0
Sales	0	0
Amortization	2,277	2,288
Other	(2,441)	(2,305)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 42,724	$ 42,305
Percent of total fixed maturities	0%	0%
Significant Unobservable Inputs (Level 3) | Corporates
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Beginning Balance	$ 454,733	$ 478,083
Included in realized gains / losses	0	0
Included in other comprehensive income	(9,905)	(1,963)
Acquisitions	14,800	0
Sales	0	0
Amortization	(33)	3
Other	(21,564)	(14,619)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$ 438,031	$ 461,504
Percent of total fixed maturities	3%	3%

Investments - Schedule of Unrea

Investments - Schedule of Unrealized Gains or (Losses) Included in Other Comprehensive Income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (9,163)	$ (10,005)
Asset- backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	0	0
Collateralized debt obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	742	(8,042)
Corporates
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in unrealized gains (losses) for the period	$ (9,905)	$ (1,963)

Investments - Schedule of Infor

Investments - Schedule of Information about Investments in Unrealized Loss Position (Details) - Issue	Jun. 30, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Less than Twelve Months	482	151
Twelve Months or Longer	1,676	1,614
Total	2,158	1,765

Investments - Schedule of Unr_2

Investments - Schedule of Unrealized Investment Losses by Class of Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	$ 2,600,310	$ 803,974
Unrealized Loss, Less than Twelve Months	(73,916)	(17,434)
Fair Value, Twelve Months or Longer	9,728,309	9,750,839
Unrealized Loss, Twelve Months or Longer	(1,799,554)	(1,481,923)
Fair Value	12,328,619	10,554,813
Unrealized Loss	(1,873,470)	(1,499,357)
Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	2,527,158	767,666
Unrealized Loss, Less than Twelve Months	(71,753)	(14,633)
Fair Value, Twelve Months or Longer	9,368,890	9,423,010
Unrealized Loss, Twelve Months or Longer	(1,724,683)	(1,407,709)
Fair Value	11,896,048	10,190,676
Unrealized Loss	(1,796,436)	(1,422,342)
Investment Grade | U.S. Government direct, guaranteed, and government-sponsored enterprises
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	2,304	0
Unrealized Loss, Less than Twelve Months	(110)	0
Fair Value, Twelve Months or Longer	358,980	364,006
Unrealized Loss, Twelve Months or Longer	(41,776)	(32,306)
Fair Value	361,284	364,006
Unrealized Loss	(41,886)	(32,306)
Investment Grade | States, municipalities, and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	518,622	252,800
Unrealized Loss, Less than Twelve Months	(13,082)	(3,520)
Fair Value, Twelve Months or Longer	1,786,640	1,610,163
Unrealized Loss, Twelve Months or Longer	(460,274)	(399,809)
Fair Value	2,305,262	1,862,963
Unrealized Loss	(473,356)	(403,329)
Investment Grade | Foreign governments
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	1,465	0
Unrealized Loss, Less than Twelve Months	(2)	0
Fair Value, Twelve Months or Longer	28,483	32,591
Unrealized Loss, Twelve Months or Longer	(10,535)	(10,348)
Fair Value	29,948	32,591
Unrealized Loss	(10,537)	(10,348)
Investment Grade | Corporates
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	2,004,767	514,866
Unrealized Loss, Less than Twelve Months	(58,559)	(11,113)
Fair Value, Twelve Months or Longer	7,123,913	7,345,294
Unrealized Loss, Twelve Months or Longer	(1,208,866)	(961,598)
Fair Value	9,128,680	7,860,160
Unrealized Loss	(1,267,425)	(972,711)
Investment Grade | Corporates | Industrials
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	930,937	191,573
Unrealized Loss, Less than Twelve Months	(38,817)	(3,881)
Fair Value, Twelve Months or Longer	4,175,164	4,317,827
Unrealized Loss, Twelve Months or Longer	(708,164)	(530,011)
Fair Value	5,106,101	4,509,400
Unrealized Loss	(746,981)	(533,892)
Investment Grade | Corporates | Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	617,484	242,099
Unrealized Loss, Less than Twelve Months	(11,013)	(6,584)
Fair Value, Twelve Months or Longer	2,230,054	2,341,424
Unrealized Loss, Twelve Months or Longer	(386,505)	(339,628)
Fair Value	2,847,538	2,583,523
Unrealized Loss	(397,518)	(346,212)
Investment Grade | Corporates | Utilities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	456,346	81,194
Unrealized Loss, Less than Twelve Months	(8,729)	(648)
Fair Value, Twelve Months or Longer	718,695	686,043
Unrealized Loss, Twelve Months or Longer	(114,197)	(91,959)
Fair Value	1,175,041	767,237
Unrealized Loss	(122,926)	(92,607)
Investment Grade | Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	0	0
Unrealized Loss, Twelve Months or Longer	0	0
Fair Value	0	0
Unrealized Loss	0	0
Investment Grade | Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	70,874	70,956
Unrealized Loss, Twelve Months or Longer	(3,232)	(3,648)
Fair Value	70,874	70,956
Unrealized Loss	(3,232)	(3,648)
Below Investment Grade
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	73,152	36,308
Unrealized Loss, Less than Twelve Months	(2,163)	(2,801)
Fair Value, Twelve Months or Longer	359,419	327,829
Unrealized Loss, Twelve Months or Longer	(74,871)	(74,214)
Fair Value	432,571	364,137
Unrealized Loss	(77,034)	(77,015)
Below Investment Grade | Corporates
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	73,152	36,308
Unrealized Loss, Less than Twelve Months	(2,163)	(2,801)
Fair Value, Twelve Months or Longer	353,447	316,541
Unrealized Loss, Twelve Months or Longer	(74,854)	(73,805)
Fair Value	426,599	352,849
Unrealized Loss	(77,017)	(76,606)
Below Investment Grade | Corporates | Industrials
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	55,327	10,745
Unrealized Loss, Less than Twelve Months	(953)	(199)
Fair Value, Twelve Months or Longer	142,449	145,697
Unrealized Loss, Twelve Months or Longer	(32,877)	(32,756)
Fair Value	197,776	156,442
Unrealized Loss	(33,830)	(32,955)
Below Investment Grade | Corporates | Financial
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	8,909	25,563
Unrealized Loss, Less than Twelve Months	(1,196)	(2,602)
Fair Value, Twelve Months or Longer	192,106	151,190
Unrealized Loss, Twelve Months or Longer	(40,491)	(39,526)
Fair Value	201,015	176,753
Unrealized Loss	(41,687)	(42,128)
Below Investment Grade | Corporates | Utilities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	8,916	0
Unrealized Loss, Less than Twelve Months	(14)	0
Fair Value, Twelve Months or Longer	18,892	19,654
Unrealized Loss, Twelve Months or Longer	(1,486)	(1,523)
Fair Value	27,808	19,654
Unrealized Loss	(1,500)	(1,523)
Below Investment Grade | Collateralized debt obligations
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	0	0
Unrealized Loss, Twelve Months or Longer	0	0
Fair Value	0	0
Unrealized Loss	0	0
Below Investment Grade | Other asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than Twelve Months	0	0
Unrealized Loss, Less than Twelve Months	0	0
Fair Value, Twelve Months or Longer	5,972	11,288
Unrealized Loss, Twelve Months or Longer	(17)	(409)
Fair Value	5,972	11,288
Unrealized Loss	$ (17)	$ (409)

Investments - Schedule of Fix_3

Investments - Schedule of Fixed Maturities, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance			$ 7,115
Allowance for credit losses ending balance	$ 7,132		7,132
Corporates
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	7,027	$ 32,767	7,115	$ 0
Additions to allowance for which credit losses were not previously recorded	0	38,228	0	72,508
Additions (reductions) to allowance for fixed maturities that previously had an allowance	105	1,513	17	0
Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period	0	0	0	0
Allowance for credit losses ending balance	$ 7,132	$ 72,508	$ 7,132	$ 72,508

Investments - Schedule of Comme

Investments - Schedule of Commercial Mortgage Loan Participations (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 349,318		$ 282,871
Carrying value, gross, percent	102%		101%
Less allowance for credit losses	$ (5,826)	$ (4,546)	$ (3,672)	$ (2,928)	$ (3,069)	$ (1,789)
Allowance for credit losses, percent	(2.00%)		(1.00%)
Carrying value, net of valuation allowance	$ 343,492		$ 279,199
Carrying value, net, percent	100%		100%
Texas
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 71,659		$ 45,111
Carrying value, gross, percent	21%		16%
Florida
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 71,130		$ 48,233
Carrying value, gross, percent	21%		17%
New Jersey
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 44,611		$ 44,574
Carrying value, gross, percent	13%		16%
California
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 40,210		$ 54,721
Carrying value, gross, percent	12%		20%
New York
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 35,815		$ 20,284
Carrying value, gross, percent	10%		7%
North Carolina
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 21,614		$ 0
Carrying value, gross, percent	6%		0%
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 64,279		$ 69,948
Carrying value, gross, percent	19%		25%
Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 117,508		$ 116,299
Carrying value, gross, percent	34%		42%
Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 95,496		$ 57,267
Carrying value, gross, percent	28%		20%
Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 47,853		$ 23,925
Carrying value, gross, percent	14%		9%
Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 43,651		$ 43,897
Carrying value, gross, percent	13%		16%
Mixed use
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 38,317		$ 34,749
Carrying value, gross, percent	11%		12%
Office
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 6,493		$ 6,734
Carrying value, gross, percent	2%		2%

Investments - Schedule of Com_2

Investments - Schedule of Commercial Mortgage Loan Participations Recorded Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 343,492		$ 279,199
Carrying value	349,318		282,871
Less allowance for credit losses	$ (5,826)	$ (4,546)	$ (3,672)	$ (2,928)	$ (3,069)	$ (1,789)
Carrying value, net of valuation allowance, percent	100%		100%
Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 332,646		$ 266,216
Carrying value, net of valuation allowance, percent	95%		94%
70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 0		$ 0
Carrying value, net of valuation allowance, percent	0%		0%
81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 9,637		$ 9,621
Carrying value, net of valuation allowance, percent	3%		3%
Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value	$ 7,035		$ 7,034
Carrying value, net of valuation allowance, percent	2%		3%
Less Than 1.00x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 35,064		$ 42,593
Less Than 1.00x | Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	18,392		27,091
Less Than 1.00x | 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Less Than 1.00x | 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	9,637		8,468
Less Than 1.00x | Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	7,035		7,034
1.00x-1.20x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	153,759		180,761
1.00x-1.20x | Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	153,759		180,761
1.00x-1.20x | 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
1.00x-1.20x | 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
1.00x-1.20x | Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Greater Than 1.20x
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	160,495		59,517
Greater Than 1.20x | Less than 70%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	160,495		58,364
Greater Than 1.20x | 70% to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		0
Greater Than 1.20x | 81% to 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	0		1,153
Greater Than 1.20x | Greater than 90%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value, net of valuation allowance	$ 0		$ 0

Investments - Schedule of Com_3

Investments - Schedule of Commercial Loan Participations, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses beginning balance	$ 4,546	$ 3,069	$ 3,672	$ 1,789
Provision (reversal) for credit losses	1,280	(141)	2,154	1,139
Allowance for credit losses ending balance	$ 5,826	$ 2,928	$ 5,826	$ 2,928

Investments - Schedule of Other

Investments - Schedule of Other Long-Term Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 974,515	$ 835,878
Other
Long-Term Investment [Line Items]
Commercial mortgage loan participations	58,850	40,295
Investment funds
Long-Term Investment [Line Items]
Commercial mortgage loan participations	$ 915,665	$ 795,583

Investments - Schedule of Inves

Investments - Schedule of Investment Funds (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Alternative Investment [Line Items]
Investment funds, Unfunded Commitments	$ 647,000
Minimum
Alternative Investment [Line Items]
Expected life of non-redeemable funds	7 years
Extension options term of non-redeemable funds	1 year
Expected life of redeemable funds	6 months
Maximum
Alternative Investment [Line Items]
Expected life of non-redeemable funds	12 years
Extension options term of non-redeemable funds	4 years
Expected life of redeemable funds	36 months
Commercial mortgage loans
Alternative Investment [Line Items]
Investment funds, Fair Value	$ 512,615	$ 411,315
Investment funds, Unfunded Commitments	434,040
Opportunistic and private credit
Alternative Investment [Line Items]
Investment funds, Fair Value	186,646	181,410
Investment funds, Unfunded Commitments	146,071
Infrastructure
Alternative Investment [Line Items]
Investment funds, Fair Value	171,518	165,887
Investment funds, Unfunded Commitments	16,536
Other investments
Alternative Investment [Line Items]
Investment funds, Fair Value	44,886	36,971
Investment funds, Unfunded Commitments	50,757
Investment funds
Alternative Investment [Line Items]
Investment funds, Fair Value	915,665	$ 795,583
Investment funds, Unfunded Commitments	$ 647,404

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Thousands	Apr. 30, 2024 defendant	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)
Obligation with Joint and Several Liability Arrangement [Line Items]
Letters of credit facility outstanding		$ 115,000	$ 115,000	$ 115,000
Number of defendants | defendant	6
Letter of Credit
Obligation with Joint and Several Liability Arrangement [Line Items]
Letter of credit maximum available amount		$ 250,000

Policy Liabilities - Schedule o

Policy Liabilities - Schedule of Liability for Future Policy Benefit, Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Net liability for future policy benefits—long duration health	$ 18,430,672	$ 18,806,051	$ 18,430,672	$ 18,806,051		$ 19,460,353
Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	12,164,308	12,189,326	12,342,307	11,748,528
Beginning balance	11,810,065	11,564,309	11,709,368	11,442,919
Effect of changes in assumptions on future cash flows					$ 0	0	$ 0	$ 0
Effect of actual variances from expected experience					(164,484)	(261,259)	(134,755)	(220,197)
Adjusted balance					11,645,581	11,448,109	11,429,554	11,222,722
Issuances	378,945	366,338	772,116	765,228
Interest accrual	148,953	139,465	295,799	277,309
Net premiums collected	(336,592)	(328,683)	(670,210)	(654,586)
Effect of changes in the foreign exchange rate	(295)	9,769	(9,222)	5,770
Ending balance	11,836,592	11,616,443	11,836,592	11,616,443
Effect of change from original to current discount rates	144,945	426,277	144,945	426,277
Ending balance	11,981,537	12,042,720	11,981,537	12,042,720
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	27,061,942	26,987,682	27,723,158	25,749,961
Beginning balance	24,812,962	23,849,467	24,563,696	23,564,337
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(179,490)	(281,470)	(133,457)	(223,880)
Adjusted balance					24,633,472	24,282,226	23,716,010	23,340,457
Issuances	378,949	366,339	772,121	765,229
Interest accrual	339,105	319,447	673,920	635,178
Benefit payments	(346,281)	(333,249)	(702,386)	(662,606)
Effect of changes in the foreign exchange rate	(965)	24,148	(21,601)	14,437
Ending balance	25,004,280	24,092,695	25,004,280	24,092,695
Effect of changes in discount rate assumptions	1,503,627	2,680,296	1,503,627	2,680,296
Ending balance	26,507,907	26,772,991	26,507,907	26,772,991
Net liability for future policy benefits at original discount rates	13,167,688	12,476,252	13,167,688	12,476,252
Effect of changes in discount rate assumptions	1,358,682	2,254,019	1,358,682	2,254,019
Other Adjustments	228	12,496	228	12,496
Net liability for future policy benefits—long duration health	14,526,598	14,742,767	14,526,598	14,742,767
Reinsurance recoverable	(43,403)	(44,195)	(43,403)	(44,195)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	14,483,195	14,698,572	14,483,195	14,698,572
Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	6,010,536	5,374,493	6,089,728	5,207,422
Beginning balance	6,120,118	5,387,168	6,069,295	5,366,304
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(24,146)	(99,049)	(24,625)	(98,294)
Adjusted balance					6,095,972	5,970,246	5,362,543	5,268,010
Issuances	183,579	159,720	380,310	329,255
Interest accrual	69,293	56,822	137,096	112,591
Net premiums collected	(143,983)	(134,265)	(281,929)	(264,648)
Effect of changes in the foreign exchange rate	23	775	(839)	387
Ending balance	6,204,884	5,445,595	6,204,884	5,445,595
Effect of change from original to current discount rates	(197,090)	(98,952)	(197,090)	(98,952)
Ending balance	6,007,794	5,346,643	6,007,794	5,346,643
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	8,298,702	7,670,753	8,441,002	7,394,349
Beginning balance	8,548,000	7,748,360	8,484,970	7,710,767
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(25,095)	(103,613)	(28,000)	(99,098)
Adjusted balance					8,522,905	8,381,357	7,720,360	7,611,669
Issuances	182,986	159,291	379,321	328,646
Interest accrual	96,978	83,611	192,222	165,945
Benefit payments	(144,871)	(132,756)	(293,354)	(275,047)
Effect of changes in the foreign exchange rate	(8)	1,583	(1,556)	876
Ending balance	8,657,990	7,832,089	8,657,990	7,832,089
Effect of changes in discount rate assumptions	(397,206)	(210,656)	(397,206)	(210,656)
Ending balance	8,260,784	7,621,433	8,260,784	7,621,433
Net liability for future policy benefits at original discount rates	2,453,106	2,386,494	2,453,106	2,386,494
Effect of changes in discount rate assumptions	(200,116)	(111,704)	(200,116)	(111,704)
Other Adjustments	31,138	16,070	31,138	16,070
Net liability for future policy benefits—long duration health	2,284,128	2,290,860	2,284,128	2,290,860
Reinsurance recoverable	(14,489)	(14,842)	(14,489)	(14,842)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	2,269,639	2,276,018	2,269,639	2,276,018
American Income | Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	4,652,671	4,467,637	4,681,888	4,273,156
Beginning balance	4,596,138	4,325,957	4,523,329	4,246,723
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(65,450)	(113,699)	(39,371)	(69,352)
Adjusted balance					4,530,688	4,409,630	4,286,586	4,177,371
Issuances	200,853	183,466	412,701	376,021
Interest accrual	55,345	48,952	109,168	96,850
Net premiums collected	(138,480)	(129,720)	(274,166)	(256,959)
Effect of changes in the foreign exchange rate	(295)	9,769	(9,222)	5,770
Ending balance	4,648,111	4,399,053	4,648,111	4,399,053
Effect of change from original to current discount rates	(12,208)	73,794	(12,208)	73,794
Ending balance	4,635,903	4,472,847	4,635,903	4,472,847
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,958,093	9,637,463	10,163,627	9,119,104
Beginning balance	9,216,265	8,573,734	9,061,833	8,409,761
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(69,724)	(121,945)	(40,862)	(72,388)
Adjusted balance					9,146,541	8,939,888	8,532,872	8,337,373
Issuances	200,858	183,466	412,703	376,021
Interest accrual	122,894	111,337	243,096	220,666
Benefit payments	(115,802)	(98,297)	(220,560)	(194,971)
Effect of changes in the foreign exchange rate	(965)	24,148	(21,601)	14,437
Ending balance	9,353,526	8,753,526	9,353,526	8,753,526
Effect of changes in discount rate assumptions	457,881	914,681	457,881	914,681
Ending balance	9,811,407	9,668,207	9,811,407	9,668,207
Net liability for future policy benefits at original discount rates	4,705,415	4,354,473	4,705,415	4,354,473
Effect of changes in discount rate assumptions	470,089	840,887	470,089	840,887
Other Adjustments	194	72	194	72
Net liability for future policy benefits—long duration health	5,175,698	5,195,432	5,175,698	5,195,432
Reinsurance recoverable	(170)	(142)	(170)	(142)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	5,175,528	5,195,290	5,175,528	5,195,290
American Income | Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	203,795	200,666	206,381	190,296
Beginning balance	203,850	197,446	201,869	192,631
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(3,508)	(7,058)	(3,629)	(5,249)
Adjusted balance					200,342	194,811	193,817	187,382
Issuances	12,174	10,575	22,124	20,787
Interest accrual	2,360	2,098	4,642	4,134
Net premiums collected	(6,032)	(5,556)	(11,871)	(10,981)
Effect of changes in the foreign exchange rate	23	775	(839)	387
Ending balance	208,867	201,709	208,867	201,709
Effect of change from original to current discount rates	(2,978)	135	(2,978)	135
Ending balance	205,889	201,844	205,889	201,844
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	328,783	326,533	335,504	312,750
Beginning balance	317,365	308,170	315,431	303,713
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(4,177)	(8,179)	(4,439)	(6,018)
Adjusted balance					313,188	307,252	303,731	297,695
Issuances	12,177	10,575	22,126	20,787
Interest accrual	4,019	3,721	7,956	7,389
Benefit payments	(6,670)	(4,523)	(13,072)	(11,660)
Effect of changes in the foreign exchange rate	(8)	1,583	(1,556)	876
Ending balance	322,706	315,087	322,706	315,087
Effect of changes in discount rate assumptions	5,730	13,492	5,730	13,492
Ending balance	328,436	328,579	328,436	328,579
Net liability for future policy benefits at original discount rates	113,839	113,378	113,839	113,378
Effect of changes in discount rate assumptions	8,708	13,357	8,708	13,357
Other Adjustments	933	605	933	605
Net liability for future policy benefits—long duration health	123,480	127,340	123,480	127,340
Reinsurance recoverable	0	0	0	0
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	123,480	127,340	123,480	127,340
Direct to Consumer | Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	5,945,259	6,110,550	6,052,651	5,910,224
Beginning balance	5,698,050	5,718,900	5,664,259	5,680,864
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(86,743)	(122,971)	(80,616)	(128,602)
Adjusted balance					5,611,307	5,541,288	5,638,284	5,552,262
Issuances	137,809	144,796	287,040	313,748
Interest accrual	73,931	71,484	147,351	142,473
Net premiums collected	(152,759)	(154,210)	(305,391)	(308,129)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	5,670,288	5,700,354	5,670,288	5,700,354
Effect of change from original to current discount rates	140,230	288,223	140,230	288,223
Ending balance	5,810,518	5,988,577	5,810,518	5,988,577
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	9,500,215	9,624,680	9,714,516	9,225,451
Beginning balance	8,728,403	8,563,604	8,656,752	8,477,892
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(93,532)	(129,976)	(81,059)	(130,006)
Adjusted balance					8,634,871	8,526,776	8,482,545	8,347,886
Issuances	137,810	144,797	287,041	313,749
Interest accrual	119,052	113,893	236,977	226,661
Benefit payments	(142,833)	(148,338)	(301,894)	(295,399)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	8,748,900	8,592,897	8,748,900	8,592,897
Effect of changes in discount rate assumptions	540,934	894,336	540,934	894,336
Ending balance	9,289,834	9,487,233	9,289,834	9,487,233
Net liability for future policy benefits at original discount rates	3,078,612	2,892,543	3,078,612	2,892,543
Effect of changes in discount rate assumptions	400,704	606,113	400,704	606,113
Other Adjustments	0	4,750	0	4,750
Net liability for future policy benefits—long duration health	3,479,316	3,503,406	3,479,316	3,503,406
Reinsurance recoverable	0	0	0	0
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	3,479,316	3,503,406	3,479,316	3,503,406
Direct to Consumer | Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	113,879	90,243	115,363	90,143
Beginning balance	110,863	85,966	109,880	87,751
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(144)	(2,462)	679	(1,895)
Adjusted balance					110,719	107,418	86,645	85,856
Issuances	3,893	1,823	8,503	4,215
Interest accrual	1,392	1,061	2,760	2,118
Net premiums collected	(2,757)	(2,689)	(5,434)	(5,349)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	113,247	86,840	113,247	86,840
Effect of change from original to current discount rates	1,629	2,834	1,629	2,834
Ending balance	114,876	89,674	114,876	89,674
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	107,775	87,090	109,482	87,532
Beginning balance	105,050	83,001	104,501	85,212
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(5)	(2,326)	472	(1,830)
Adjusted balance					105,045	102,175	83,473	83,382
Issuances	3,887	1,820	8,485	4,208
Interest accrual	1,392	1,061	2,760	2,118
Benefit payments	(3,181)	(3,166)	(6,277)	(6,520)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	107,143	83,188	107,143	83,188
Effect of changes in discount rate assumptions	1,474	2,668	1,474	2,668
Ending balance	108,617	85,856	108,617	85,856
Net liability for future policy benefits at original discount rates	(6,104)	(3,652)	(6,104)	(3,652)
Effect of changes in discount rate assumptions	(155)	(166)	(155)	(166)
Other Adjustments	6,952	4,645	6,952	4,645
Net liability for future policy benefits—long duration health	693	827	693	827
Reinsurance recoverable	0	0	0	0
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	693	827	693	827
Liberty National | Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,102,209	1,128,083	1,129,716	1,094,407
Beginning balance	1,073,485	1,070,775	1,077,831	1,066,123
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(6,820)	(17,268)	(10,004)	(15,593)
Adjusted balance					1,066,665	1,060,563	1,060,771	1,050,530
Issuances	34,056	30,706	60,219	60,848
Interest accrual	13,936	13,368	27,775	26,655
Net premiums collected	(34,015)	(33,284)	(67,915)	(66,472)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,080,642	1,071,561	1,080,642	1,071,561
Effect of change from original to current discount rates	4,591	38,456	4,591	38,456
Ending balance	1,085,233	1,110,017	1,085,233	1,110,017
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,499,742	3,559,012	3,605,392	3,429,256
Beginning balance	3,340,412	3,284,594	3,338,252	3,272,980
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(8,889)	(19,337)	(6,065)	(13,119)
Adjusted balance					3,331,523	3,318,915	3,278,529	3,259,861
Issuances	34,057	30,706	60,221	60,848
Interest accrual	44,723	43,466	89,276	86,722
Benefit payments	(53,772)	(54,920)	(111,881)	(109,650)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,356,531	3,297,781	3,356,531	3,297,781
Effect of changes in discount rate assumptions	68,237	210,064	68,237	210,064
Ending balance	3,424,768	3,507,845	3,424,768	3,507,845
Net liability for future policy benefits at original discount rates	2,275,889	2,226,220	2,275,889	2,226,220
Effect of changes in discount rate assumptions	63,646	171,608	63,646	171,608
Other Adjustments	0	7,639	0	7,639
Net liability for future policy benefits—long duration health	2,339,535	2,405,467	2,339,535	2,405,467
Reinsurance recoverable	(7,830)	(7,581)	(7,830)	(7,581)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	2,331,705	2,397,886	2,331,705	2,397,886
Liberty National | Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	345,441	421,447	358,472	423,490
Beginning balance	342,165	404,647	348,570	415,442
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(9,755)	(21,165)	(11,249)	(27,833)
Adjusted balance					332,410	327,405	393,398	387,609
Issuances	15,457	14,888	29,015	28,191
Interest accrual	4,119	4,776	8,347	9,666
Net premiums collected	(13,052)	(12,882)	(25,833)	(25,286)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	338,934	400,180	338,934	400,180
Effect of change from original to current discount rates	(1,193)	9,371	(1,193)	9,371
Ending balance	337,741	409,551	337,741	409,551
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	834,006	949,996	865,808	941,574
Beginning balance	804,316	890,019	816,819	904,865
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(8,603)	(21,424)	(11,023)	(27,018)
Adjusted balance					795,713	795,395	878,996	877,847
Issuances	15,255	14,616	28,604	27,901
Interest accrual	10,716	11,686	21,549	23,526
Benefit payments	(22,368)	(24,419)	(46,232)	(48,395)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	799,316	880,879	799,316	880,879
Effect of changes in discount rate assumptions	16,462	42,269	16,462	42,269
Ending balance	815,778	923,148	815,778	923,148
Net liability for future policy benefits at original discount rates	460,382	480,699	460,382	480,699
Effect of changes in discount rate assumptions	17,655	32,898	17,655	32,898
Other Adjustments	9,169	6,049	9,169	6,049
Net liability for future policy benefits—long duration health	487,206	519,646	487,206	519,646
Reinsurance recoverable	(1,114)	(1,378)	(1,114)	(1,378)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	486,092	518,268	486,092	518,268
Other premium | Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	464,169	483,056	478,052	470,741
Beginning balance	442,392	448,677	443,949	449,209
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(5,471)	(7,321)	(4,764)	(6,650)
Adjusted balance					436,921	436,628	443,913	442,559
Issuances	6,227	7,370	12,156	14,611
Interest accrual	5,741	5,661	11,505	11,331
Net premiums collected	(11,338)	(11,469)	(22,738)	(23,026)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	437,551	445,475	437,551	445,475
Effect of change from original to current discount rates	12,332	25,804	12,332	25,804
Ending balance	449,883	471,279	449,883	471,279
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	4,103,892	4,166,527	4,239,623	3,976,150
Beginning balance	3,527,882	3,427,535	3,506,859	3,403,704
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(7,345)	(10,212)	(5,471)	(8,367)
Adjusted balance					3,520,537	3,496,647	3,422,064	3,395,337
Issuances	6,224	7,370	12,156	14,611
Interest accrual	52,436	50,751	104,571	101,129
Benefit payments	(33,874)	(31,694)	(68,051)	(62,586)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,545,323	3,448,491	3,545,323	3,448,491
Effect of changes in discount rate assumptions	436,575	661,215	436,575	661,215
Ending balance	3,981,898	4,109,706	3,981,898	4,109,706
Net liability for future policy benefits at original discount rates	3,107,772	3,003,016	3,107,772	3,003,016
Effect of changes in discount rate assumptions	424,243	635,411	424,243	635,411
Other Adjustments	34	35	34	35
Net liability for future policy benefits—long duration health	3,532,049	3,638,462	3,532,049	3,638,462
Reinsurance recoverable	(35,403)	(36,472)	(35,403)	(36,472)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	3,496,646	3,601,990	3,496,646	3,601,990
United American | Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	3,653,395	2,997,723	3,697,771	2,908,501
Beginning balance	3,661,448	2,948,641	3,625,803	2,941,261
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					3,458	(37,074)	5,210	(28,923)
Adjusted balance					3,664,906	3,588,729	2,953,851	2,912,338
Issuances	87,190	67,875	191,794	143,716
Interest accrual	42,808	32,267	84,630	63,854
Net premiums collected	(74,796)	(68,333)	(145,045)	(134,248)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,720,108	2,985,660	3,720,108	2,985,660
Effect of change from original to current discount rates	(61,617)	(1,106)	(61,617)	(1,106)
Ending balance	3,658,491	2,984,554	3,658,491	2,984,554
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,756,534	3,132,462	3,814,328	3,046,829
Beginning balance	3,766,995	3,079,790	3,741,530	3,080,633
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					3,641	(36,684)	3,503	(27,940)
Adjusted balance					3,770,636	3,704,846	3,083,293	3,052,693
Issuances	86,801	67,721	191,231	143,404
Interest accrual	44,334	34,112	87,778	67,592
Benefit payments	(78,261)	(68,358)	(160,345)	(146,921)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,823,510	3,116,768	3,823,510	3,116,768
Effect of changes in discount rate assumptions	(65,023)	(379)	(65,023)	(379)
Ending balance	3,758,487	3,116,389	3,758,487	3,116,389
Net liability for future policy benefits at original discount rates	103,402	131,108	103,402	131,108
Effect of changes in discount rate assumptions	(3,406)	727	(3,406)	727
Other Adjustments	14,032	4,702	14,032	4,702
Net liability for future policy benefits—long duration health	114,028	136,537	114,028	136,537
Reinsurance recoverable	(2,905)	(3,598)	(2,905)	(3,598)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	111,123	132,939	111,123	132,939
Family Heritage | Health
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Beginning balance	1,694,026	1,664,414	1,711,741	1,594,992
Beginning balance	1,801,792	1,750,468	1,783,173	1,729,219
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(14,197)	(31,290)	(15,636)	(34,394)
Adjusted balance					1,787,595	1,751,883	1,734,832	1,694,825
Issuances	64,865	64,559	128,874	132,346
Interest accrual	18,614	16,620	36,717	32,819
Net premiums collected	(47,346)	(44,805)	(93,746)	(88,784)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	1,823,728	1,771,206	1,823,728	1,771,206
Effect of change from original to current discount rates	(132,931)	(110,186)	(132,931)	(110,186)
Ending balance	1,690,797	1,661,020	1,690,797	1,661,020
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Beginning balance	3,271,604	3,174,672	3,315,880	3,005,664
Beginning balance	3,554,274	3,387,380	3,506,689	3,336,344
Effect of changes in assumptions on future cash flows					0	0	0	0
Effect of actual variances from expected experience					(15,951)	(35,000)	(16,513)	(36,292)
Adjusted balance					$ 3,538,323	$ 3,471,689	$ 3,370,867	$ 3,300,052
Issuances	64,866	64,559	128,875	132,346
Interest accrual	36,517	33,031	72,179	65,320
Benefit payments	(34,391)	(32,290)	(67,428)	(61,551)
Effect of changes in the foreign exchange rate	0	0	0	0
Ending balance	3,605,315	3,436,167	3,605,315	3,436,167
Effect of changes in discount rate assumptions	(355,849)	(268,706)	(355,849)	(268,706)
Ending balance	3,249,466	3,167,461	3,249,466	3,167,461
Net liability for future policy benefits at original discount rates	1,781,587	1,664,961	1,781,587	1,664,961
Effect of changes in discount rate assumptions	(222,918)	(158,520)	(222,918)	(158,520)
Other Adjustments	52	69	52	69
Net liability for future policy benefits—long duration health	1,558,721	1,506,510	1,558,721	1,506,510
Reinsurance recoverable	(10,470)	(9,866)	(10,470)	(9,866)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates	$ 1,548,251	$ 1,496,644	$ 1,548,251	$ 1,496,644

Policy Liabilities - Additional

Policy Liabilities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Change in expected experience, remeasurement gain (loss)	$ 15,600	$ 5,000	$ 23,700	$ (5,600)
Reclassification, Other
Liability for Future Policy Benefit, Activity [Line Items]
Reinsurance recoverables						$ 60,000
Reinsurance recoverable at original discount rates		50,000		50,000
Life
Liability for Future Policy Benefit, Activity [Line Items]
Reinsurance recoverable at original discount rates	43,403	44,195	43,403	44,195
Change in expected experience, remeasurement gain (loss)			17,300	5,100
PV of expected future gross premiums	28,314,644	27,938,263	28,314,644	27,938,263
PV of expected future net premiums	11,981,537	12,042,720	11,981,537	12,042,720	$ 12,164,308	12,342,307	$ 12,189,326	$ 11,748,528
Health
Liability for Future Policy Benefit, Activity [Line Items]
Reinsurance recoverable at original discount rates	14,489	14,842	14,489	14,842
Change in expected experience, remeasurement gain (loss)			6,500	500
PV of expected future gross premiums	11,685,014	10,603,159	11,685,014	10,603,159
PV of expected future net premiums	$ 6,007,794	$ 5,346,643	$ 6,007,794	$ 5,346,643	$ 6,010,536	$ 6,089,728	$ 5,374,493	$ 5,207,422

Policy Liabilities - Schedule_2

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
At Original Discount Rates
Deferred profit liability	$ 176,123		$ 172,531
Deferred annuity	706,022		853,064
Interest sensitive life	728,097		736,920
Other	9,702		9,906
Total future policy benefits	17,269,793		16,648,491
At Current Discount Rates
Deferred profit liability	176,123		172,531
Deferred annuity	706,022		853,064
Interest sensitive life	728,097		736,920
Other	9,704		9,909
Net liability for future policy benefits—long duration health	18,430,672	$ 19,460,353	18,806,051
Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	13,167,912		12,476,349
At Current Discount Rates
Net liability for future policy benefits—long duration health	14,526,598		14,742,767
Net liability for future policy benefits—long duration health	14,526,598		14,742,767
Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,481,937		2,399,721
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,284,128		2,290,860
Net liability for future policy benefits—long duration health	2,284,128		2,290,860
American Income | Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	4,705,606		4,354,545
At Current Discount Rates
Net liability for future policy benefits—long duration health	5,175,698		5,195,432
Net liability for future policy benefits—long duration health	5,175,698		5,195,432
American Income | Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	114,716		113,981
At Current Discount Rates
Net liability for future policy benefits—long duration health	123,480		127,340
Net liability for future policy benefits—long duration health	123,480		127,340
Direct to Consumer | Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	3,078,612		2,892,543
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,479,316		3,503,406
Net liability for future policy benefits—long duration health	3,479,316		3,503,406
Direct to Consumer | Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	673		798
At Current Discount Rates
Net liability for future policy benefits—long duration health	693		827
Net liability for future policy benefits—long duration health	693		827
Liberty National | Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	2,275,889		2,226,220
At Current Discount Rates
Net liability for future policy benefits—long duration health	2,339,535		2,405,467
Net liability for future policy benefits—long duration health	2,339,535		2,405,467
Liberty National | Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	469,145		485,797
At Current Discount Rates
Net liability for future policy benefits—long duration health	487,206		519,646
Net liability for future policy benefits—long duration health	487,206		519,646
Other premium | Life
At Original Discount Rates
Net liability for future policy benefits—long duration life	3,107,805		3,003,041
At Current Discount Rates
Net liability for future policy benefits—long duration health	3,532,049		3,638,462
Net liability for future policy benefits—long duration health	3,532,049		3,638,462
United American | Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	115,771		134,120
At Current Discount Rates
Net liability for future policy benefits—long duration health	114,028		136,537
Net liability for future policy benefits—long duration health	114,028		136,537
Family Heritage | Health
At Original Discount Rates
Net liability for future policy benefits—long duration life	1,781,632		1,665,025
At Current Discount Rates
Net liability for future policy benefits—long duration health	1,558,721		1,506,510
Net liability for future policy benefits—long duration health	$ 1,558,721		$ 1,506,510

Policy Liabilities - Schedule_3

Policy Liabilities - Schedule of Weighted Average Interest Rate of Liability For Future Policy Benefits (Details)	Jun. 30, 2024	Jun. 30, 2023
American Income | Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.70%	5.80%
Weighted average current discount rate	5.30%	5%
American Income | Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.80%	5.90%
Weighted average current discount rate	5.20%	4.90%
DTC | Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6%	6%
Weighted average current discount rate	5.40%	5.10%
DTC | Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.10%	5.10%
Weighted average current discount rate	5.20%	4.90%
Liberty National | Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.60%	5.60%
Weighted average current discount rate	5.40%	5.10%
Liberty National | Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.80%	5.80%
Weighted average current discount rate	5.40%	5.10%
Other premium | Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	6.20%	6.20%
Weighted average current discount rate	5.40%	5.10%
United American | Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	5.10%	5.10%
Weighted average current discount rate	5.20%	4.90%
Family Heritage | Health
Liability for Future Policy Benefit, Activity [Line Items]
Weighted average original discount rate	4.20%	4.30%
Weighted average current discount rate	5.30%	5.10%

Policy Liabilities - Schedule_4

Policy Liabilities - Schedule of Weighted Average Duration of Liability For Future Policy Benefits (Details)	Jun. 30, 2024	Jun. 30, 2023
American Income | Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	23 years 10 days	22 years 10 months 28 days
At current discount rates	23 years 2 months 1 day	23 years 5 months 12 days
American Income | Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	12 years 4 months 6 days	12 years 1 month 13 days
At current discount rates	12 years 6 months 18 days	12 years 8 months 23 days
DTC | Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	19 years 5 months 8 days	20 years 1 month 13 days
At current discount rates	20 years 7 months 28 days	21 years 9 months 21 days
DTC | Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 7 months 2 days	11 years 4 months 13 days
At current discount rates	10 years 7 months 20 days	10 years 9 months 14 days
Liberty National | Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	15 years 2 months 19 days	14 years 11 months 19 days
At current discount rates	15 years 4 months 24 days	15 years 8 months 8 days
Liberty National | Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	9 years 3 months 3 days	9 years 4 months 2 days
At current discount rates	9 years 3 months 3 days	9 years 8 months 4 days
Other premium | Life
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	16 years 1 month 6 days	16 years 5 months 8 days
At current discount rates	17 years 2 months 23 days	18 years 2 months 8 days
United American | Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	11 years 7 months 2 days	11 years 4 months 13 days
At current discount rates	10 years 7 months 20 days	10 years 9 months 14 days
Family Heritage | Health
Liability for Future Policy Benefit, Activity [Line Items]
At original discount rates	15 years 1 month 28 days	14 years 10 months 13 days
At current discount rates	14 years 2 months 15 days	14 years 4 months 28 days

Policy Liabilities - Schedule_5

Policy Liabilities - Schedule of Liability For Future Policy Benefits To Consolidated Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 811,035	$ 777,049	$ 1,610,928	$ 1,544,809
Interest expense	189,474	179,286	376,773	356,474
Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	297,329	277,460	584,827	549,764
Interest expense	27,478	26,582	54,714	52,933
American Income | Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	423,172	394,308	836,931	781,453
Interest expense	67,549	62,385	133,928	123,816
American Income | Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	29,470	28,239	58,389	56,335
Interest expense	1,659	1,624	3,314	3,256
Direct to Consumer | Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	246,041	245,736	491,235	490,443
Interest expense	45,081	42,348	89,541	84,062
Direct to Consumer | Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	3,733	3,555	7,390	7,097
Interest expense	0	0	0	0
Liberty National | Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	91,239	85,498	181,110	169,570
Interest expense	30,611	29,901	61,153	59,670
Liberty National | Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	47,518	46,690	94,952	93,434
Interest expense	6,572	6,881	13,155	13,801
Other premium | Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	50,583	51,507	101,652	103,343
Interest expense	46,233	44,652	92,151	88,926
United American | Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	110,753	100,847	214,850	198,679
Interest expense	1,474	1,782	3,041	3,604
Family Heritage | Health
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	105,855	98,129	209,246	194,219
Interest expense	$ 17,773	$ 16,295	$ 35,204	$ 32,272

Policy Liabilities - Schedule_6

Policy Liabilities - Schedule of Undiscounted And Discounted Expected Future Gross Premiums And Expected Future Benefits And Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	$ 51,114,620			$ 49,279,624
PV of expected future gross premiums, At original discount rates	27,976,374			26,989,614
PV of expected future gross premiums, At current discount rates	28,314,644			27,938,263
PV of expected future net premiums, Not discounted	21,822,789			21,381,290
PV of expected future net premiums, At original discount rates	11,836,592	$ 11,810,065	$ 11,709,368	11,616,443	$ 11,564,309	$ 11,442,919
PV of expected future net premiums, At current discount rates	11,981,537	12,164,308	12,342,307	12,042,720	12,189,326	11,748,528
PV of expected future policy benefits, Not discounted	79,047,970			76,237,291
PV of expected future policy benefits, At original discount rates	25,004,280	24,812,962	24,563,696	24,092,695	23,849,467	23,564,337
PV of expected future policy benefits, At current discount rates	26,507,907	27,061,942	27,723,158	26,772,991	26,987,682	25,749,961
Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	20,024,684			17,641,118
PV of expected future gross premiums, At original discount rates	12,016,549			10,737,896
PV of expected future gross premiums, At current discount rates	11,685,014			10,603,159
PV of expected future net premiums, Not discounted	10,253,347			8,832,988
PV of expected future net premiums, At original discount rates	6,204,884	6,120,118	6,069,295	5,445,595	5,387,168	5,366,304
PV of expected future net premiums, At current discount rates	6,007,794	6,010,536	6,089,728	5,346,643	5,374,493	5,207,422
PV of expected future policy benefits, Not discounted	15,414,150			13,787,914
PV of expected future policy benefits, At original discount rates	8,657,990	8,548,000	8,484,970	7,832,089	7,748,360	7,710,767
PV of expected future policy benefits, At current discount rates	8,260,784	8,298,702	8,441,002	7,621,433	7,670,753	7,394,349
American Income | Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	25,077,717			23,507,444
PV of expected future gross premiums, At original discount rates	14,130,383			13,292,363
PV of expected future gross premiums, At current discount rates	14,177,334			13,604,682
PV of expected future net premiums, Not discounted	8,240,194			7,764,339
PV of expected future net premiums, At original discount rates	4,648,111	4,596,138	4,523,329	4,399,053	4,325,957	4,246,723
PV of expected future net premiums, At current discount rates	4,635,903	4,652,671	4,681,888	4,472,847	4,467,637	4,273,156
PV of expected future policy benefits, Not discounted	31,638,799			29,442,642
PV of expected future policy benefits, At original discount rates	9,353,526	9,216,265	9,061,833	8,753,526	8,573,734	8,409,761
PV of expected future policy benefits, At current discount rates	9,811,407	9,958,093	10,163,627	9,668,207	9,637,463	9,119,104
American Income | Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	1,792,241			1,787,907
PV of expected future gross premiums, At original discount rates	1,003,909			998,307
PV of expected future gross premiums, At current discount rates	1,021,346			1,035,471
PV of expected future net premiums, Not discounted	373,186			360,163
PV of expected future net premiums, At original discount rates	208,867	203,850	201,869	201,709	197,446	192,631
PV of expected future net premiums, At current discount rates	205,889	203,795	206,381	201,844	200,666	190,296
PV of expected future policy benefits, Not discounted	656,571			640,722
PV of expected future policy benefits, At original discount rates	322,706	317,365	315,431	315,087	308,170	303,713
PV of expected future policy benefits, At current discount rates	328,436	328,783	335,504	328,579	326,533	312,750
Direct to Consumer | Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	17,605,488			17,486,509
PV of expected future gross premiums, At original discount rates	9,202,366			9,157,664
PV of expected future gross premiums, At current discount rates	9,418,076			9,599,872
PV of expected future net premiums, Not discounted	10,784,908			10,811,358
PV of expected future net premiums, At original discount rates	5,670,288	5,698,050	5,664,259	5,700,354	5,718,900	5,680,864
PV of expected future net premiums, At current discount rates	5,810,518	5,945,259	6,052,651	5,988,577	6,110,550	5,910,224
PV of expected future policy benefits, Not discounted	25,978,972			25,685,249
PV of expected future policy benefits, At original discount rates	8,748,900	8,728,403	8,656,752	8,592,897	8,563,604	8,477,892
PV of expected future policy benefits, At current discount rates	9,289,834	9,500,215	9,714,516	9,487,233	9,624,680	9,225,451
Direct to Consumer | Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	242,288			174,681
PV of expected future gross premiums, At original discount rates	151,969			114,216
PV of expected future gross premiums, At current discount rates	154,318			118,015
PV of expected future net premiums, Not discounted	180,882			133,047
PV of expected future net premiums, At original discount rates	113,247	110,863	109,880	86,840	85,966	87,751
PV of expected future net premiums, At current discount rates	114,876	113,879	115,363	89,674	90,243	90,143
PV of expected future policy benefits, Not discounted	168,428			125,192
PV of expected future policy benefits, At original discount rates	107,143	105,050	104,501	83,188	83,001	85,212
PV of expected future policy benefits, At current discount rates	108,617	107,775	109,482	85,856	87,090	87,532
Liberty National | Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	4,760,222			4,511,931
PV of expected future gross premiums, At original discount rates	2,777,507			2,630,182
PV of expected future gross premiums, At current discount rates	2,744,508			2,657,925
PV of expected future net premiums, Not discounted	1,900,361			1,891,335
PV of expected future net premiums, At original discount rates	1,080,642	1,073,485	1,077,831	1,071,561	1,070,775	1,066,123
PV of expected future net premiums, At current discount rates	1,085,233	1,102,209	1,129,716	1,110,017	1,128,083	1,094,407
PV of expected future policy benefits, Not discounted	8,997,194			8,710,626
PV of expected future policy benefits, At original discount rates	3,356,531	3,340,412	3,338,252	3,297,781	3,284,594	3,272,980
PV of expected future policy benefits, At current discount rates	3,424,768	3,499,742	3,605,392	3,507,845	3,559,012	3,429,256
Liberty National | Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	2,061,622			2,212,104
PV of expected future gross premiums, At original discount rates	1,307,386			1,382,884
PV of expected future gross premiums, At current discount rates	1,326,826			1,429,939
PV of expected future net premiums, Not discounted	505,985			627,206
PV of expected future net premiums, At original discount rates	338,934	342,165	348,570	400,180	404,647	415,442
PV of expected future net premiums, At current discount rates	337,741	345,441	358,472	409,551	421,447	423,490
PV of expected future policy benefits, Not discounted	1,391,768			1,561,839
PV of expected future policy benefits, At original discount rates	799,316	804,316	816,819	880,879	890,019	904,865
PV of expected future policy benefits, At current discount rates	815,778	834,006	865,808	923,148	949,996	941,574
Other premium | Life
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	3,671,193			3,773,740
PV of expected future gross premiums, At original discount rates	1,866,118			1,909,405
PV of expected future gross premiums, At current discount rates	1,974,726			2,075,784
PV of expected future net premiums, Not discounted	897,326			914,258
PV of expected future net premiums, At original discount rates	437,551	442,392	443,949	445,475	448,677	449,209
PV of expected future net premiums, At current discount rates	449,883	464,169	478,052	471,279	483,056	470,741
PV of expected future policy benefits, Not discounted	12,433,005			12,398,774
PV of expected future policy benefits, At original discount rates	3,545,323	3,527,882	3,506,859	3,448,491	3,427,535	3,403,704
PV of expected future policy benefits, At current discount rates	3,981,898	4,103,892	4,239,623	4,109,706	4,166,527	3,976,150
United American | Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	8,930,346			6,896,513
PV of expected future gross premiums, At original discount rates	5,449,708			4,338,871
PV of expected future gross premiums, At current discount rates	5,359,418			4,335,298
PV of expected future net premiums, Not discounted	6,100,831			4,754,498
PV of expected future net premiums, At original discount rates	3,720,108	3,661,448	3,625,803	2,985,660	2,948,641	2,941,261
PV of expected future net premiums, At current discount rates	3,658,491	3,653,395	3,697,771	2,984,554	2,997,723	2,908,501
PV of expected future policy benefits, Not discounted	6,287,625			4,976,470
PV of expected future policy benefits, At original discount rates	3,823,510	3,766,995	3,741,530	3,116,768	3,079,790	3,080,633
PV of expected future policy benefits, At current discount rates	3,758,487	3,756,534	3,814,328	3,116,389	3,132,462	3,046,829
Family Heritage | Health
Liability for Future Policy Benefit, Activity [Line Items]
PV of expected future gross premiums, Not discounted	6,998,187			6,569,913
PV of expected future gross premiums, At original discount rates	4,103,577			3,903,618
PV of expected future gross premiums, At current discount rates	3,823,106			3,684,436
PV of expected future net premiums, Not discounted	3,092,463			2,958,074
PV of expected future net premiums, At original discount rates	1,823,728	1,801,792	1,783,173	1,771,206	1,750,468	1,729,219
PV of expected future net premiums, At current discount rates	1,690,797	1,694,026	1,711,741	1,661,020	1,664,414	1,594,992
PV of expected future policy benefits, Not discounted	6,909,758			6,483,691
PV of expected future policy benefits, At original discount rates	3,605,315	3,554,274	3,506,689	3,436,167	3,387,380	3,336,344
PV of expected future policy benefits, At current discount rates	$ 3,249,466	$ 3,271,604	$ 3,315,880	$ 3,167,461	$ 3,174,672	$ 3,005,664

Policy Liabilities - Schedule_7

Policy Liabilities - Schedule of Policyholder Account Balance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest Sensitive Life
Policyholder Account Balance [Roll Forward]
Beginning Balance	$ 729,721	$ 737,900	$ 732,948	$ 739,105
Issuances	0	0	0	0
Premiums received	5,486	5,634	11,110	11,664
Policy charges	(3,061)	(3,197)	(6,172)	(6,516)
Surrenders and withdrawals	(5,167)	(5,238)	(11,476)	(10,622)
Benefit payments	(7,600)	(7,651)	(16,740)	(15,495)
Interest credited	6,952	7,056	13,968	14,191
Other	1,766	2,416	4,459	4,593
Ending Balance	$ 728,097	$ 736,920	$ 728,097	$ 736,920
Weighted-average credit rate	3.87%	3.88%	3.87%	3.88%
Net amount at risk	$ 1,714,347	$ 1,819,695	$ 1,714,347	$ 1,819,695
Cash surrender value	680,564	675,044	680,564	675,044
Deferred Annuity
Policyholder Account Balance [Roll Forward]
Beginning Balance	739,019	907,797	773,039	954,318
Issuances	160	169	358	371
Premiums received	2,836	3,328	6,409	8,104
Policy charges	0	0	0	0
Surrenders and withdrawals	(30,999)	(43,738)	(62,562)	(87,271)
Benefit payments	(11,366)	(21,628)	(24,137)	(37,412)
Interest credited	5,970	7,185	12,213	14,745
Other	402	(49)	702	209
Ending Balance	$ 706,022	$ 853,064	$ 706,022	$ 853,064
Weighted-average credit rate	3.35%	3.30%	3.35%	3.30%
Cash surrender value	$ 706,022	$ 853,064	$ 706,022	$ 853,064
Other Policy-holders' Funds
Policyholder Account Balance [Roll Forward]
Beginning Balance	401,269	142,686	236,958	123,234
Issuances	0	0	0	0
Premiums received	1,770	46,747	168,470	68,409
Policy charges	0	0	0	0
Surrenders and withdrawals	(3,834)	(3,021)	(7,351)	(6,324)
Benefit payments	0	0	0	0
Interest credited	5,583	2,101	9,104	3,339
Other	(4,163)	(640)	(6,556)	(785)
Ending Balance	$ 400,625	$ 187,873	$ 400,625	$ 187,873
Weighted-average credit rate	5.69%	5.18%	5.69%	5.18%
Cash surrender value	$ 400,625	$ 187,872	$ 400,625	$ 187,872

Policy Liabilities - Schedule_8

Policy Liabilities - Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
51-150 basis points above | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range above guaranteed minimum crediting rates (percent)	0.0051			0.0051
Greater than 150 basis points above | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range above guaranteed minimum crediting rates (percent)	0.0150			0.0150
Interest Sensitive Life
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 728,097	$ 729,721	$ 732,948	$ 736,920	$ 737,900	$ 739,105
Interest Sensitive Life | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	728,097			736,920
Interest Sensitive Life | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Interest Sensitive Life | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | Less than 3.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | Less than 3.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | Less than 3.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | 3.00%-3.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 29,238			$ 29,014
Interest Sensitive Life | 3.00%-3.99% | At guaranteed minimum | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Interest Sensitive Life | 3.00%-3.99% | At guaranteed minimum | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3.99%			3.99%
Interest Sensitive Life | 3.00%-3.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | 3.00%-3.99% | 51-150 basis points above | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Interest Sensitive Life | 3.00%-3.99% | 51-150 basis points above | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3.99%			3.99%
Interest Sensitive Life | 3.00%-3.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | 3.00%-3.99% | Greater than 150 basis points above | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3%			3%
Interest Sensitive Life | 3.00%-3.99% | Greater than 150 basis points above | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	3.99%			3.99%
Interest Sensitive Life | 4.00%-4.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 608,867			$ 618,071
Interest Sensitive Life | 4.00%-4.99% | At guaranteed minimum | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4%			4%
Interest Sensitive Life | 4.00%-4.99% | At guaranteed minimum | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4.99%			4.99%
Interest Sensitive Life | 4.00%-4.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | 4.00%-4.99% | 51-150 basis points above | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4%			4%
Interest Sensitive Life | 4.00%-4.99% | 51-150 basis points above | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4.99%			4.99%
Interest Sensitive Life | 4.00%-4.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | 4.00%-4.99% | Greater than 150 basis points above | Minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4%			4%
Interest Sensitive Life | 4.00%-4.99% | Greater than 150 basis points above | Maximum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	4.99%			4.99%
Interest Sensitive Life | Greater than 5.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	5%			5%
Range of guaranteed minimum crediting rates	$ 89,992			$ 89,835
Interest Sensitive Life | Greater than 5.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	5%			5%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Interest Sensitive Life | Greater than 5.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates (percent)	5%			5%
Range of guaranteed minimum crediting rates	$ 0			$ 0
Deferred Annuity
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	706,022	739,019	773,039	853,064	907,797	954,318
Deferred Annuity | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	705,170			853,064
Deferred Annuity | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	852			0
Deferred Annuity | Less than 3.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	1,743			2,076
Deferred Annuity | Less than 3.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | Less than 3.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | 3.00%-3.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	515,442			647,355
Deferred Annuity | 3.00%-3.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | 3.00%-3.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	852			0
Deferred Annuity | 4.00%-4.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	187,985			203,633
Deferred Annuity | 4.00%-4.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | 4.00%-4.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | Greater than 5.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | Greater than 5.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Deferred Annuity | Greater than 5.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	400,625	$ 401,269	$ 236,958	187,873	$ 142,686	$ 123,234
Other premium | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	351,014			139,507
Other premium | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	49,611			48,366
Other premium | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | Less than 3.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	304,454			88,301
Other premium | Less than 3.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | Less than 3.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | 3.00%-3.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	3,246			4,025
Other premium | 3.00%-3.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | 3.00%-3.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | 4.00%-4.99% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	6,539			8,587
Other premium | 4.00%-4.99% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	49,611			48,366
Other premium | 4.00%-4.99% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | Greater than 5.00% | At guaranteed minimum
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	36,775			38,594
Other premium | Greater than 5.00% | 51-150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	0			0
Other premium | Greater than 5.00% | Greater than 150 basis points above
Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Line Items]
Range of guaranteed minimum crediting rates	$ 0			$ 0

Deferred Acquisition Costs - Sc

Deferred Acquisition Costs - Schedule of Analysis of Deferred Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance			$ 6,009,477
Amortization expense	$ (101,915)	$ (94,080)	(201,393)	$ (186,402)
Ending Balance	6,260,294	5,778,732	6,260,294	5,778,732
Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	5,378,825	4,952,262	5,271,775	4,844,291
Capitalizations	204,566	188,630	403,212	378,977
Amortization expense	(87,915)	(81,173)	(173,683)	(160,762)
Foreign exchange adjustment	117	5,546	(5,711)	2,759
Ending Balance	5,495,593	5,065,265	5,495,593	5,065,265
Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	749,844	697,958	734,735	686,763
Capitalizations	26,251	24,012	54,947	47,641
Amortization expense	(13,611)	(12,484)	(26,922)	(24,792)
Foreign exchange adjustment	39	183	(237)	57
Ending Balance	762,523	709,669	762,523	709,669
American Income | Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	2,652,009	2,332,600	2,573,370	2,258,291
Capitalizations	132,413	118,777	259,856	234,172
Amortization expense	(44,401)	(39,443)	(87,377)	(77,742)
Foreign exchange adjustment	117	5,546	(5,711)	2,759
Ending Balance	2,740,138	2,417,480	2,740,138	2,417,480
American Income | Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	68,938	59,890	66,783	57,811
Capitalizations	3,750	3,177	7,280	6,320
Amortization expense	(1,138)	(965)	(2,237)	(1,903)
Foreign exchange adjustment	39	183	(237)	57
Ending Balance	71,589	62,285	71,589	62,285
DTC | Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,754,184	1,699,588	1,737,117	1,676,931
Capitalizations	36,851	39,979	78,976	87,389
Amortization expense	(25,362)	(24,852)	(50,420)	(49,605)
Foreign exchange adjustment	0	0	0	0
Ending Balance	1,765,673	1,714,715	1,765,673	1,714,715
DTC | Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	1,643	1,807	1,679	1,854
Capitalizations	1	0	2	0
Amortization expense	(36)	(47)	(73)	(94)
Foreign exchange adjustment	0	0	0	0
Ending Balance	1,608	1,760	1,608	1,760
Liberty National | Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	678,885	622,532	666,419	610,723
Capitalizations	32,035	26,428	58,100	50,649
Amortization expense	(14,015)	(12,751)	(27,614)	(25,163)
Foreign exchange adjustment	0	0	0	0
Ending Balance	696,905	636,209	696,905	636,209
Liberty National | Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	144,313	134,728	139,941	133,096
Capitalizations	4,465	4,852	12,444	9,734
Amortization expense	(3,681)	(3,304)	(7,288)	(6,554)
Foreign exchange adjustment	0	0	0	0
Ending Balance	145,097	136,276	145,097	136,276
Other premium | Life
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	293,747	297,542	294,869	298,346
Capitalizations	3,267	3,446	6,280	6,767
Amortization expense	(4,137)	(4,127)	(8,272)	(8,252)
Foreign exchange adjustment	0	0	0	0
Ending Balance	292,877	296,861	292,877	296,861
United American | Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	72,604	76,388	73,489	77,394
Capitalizations	793	489	1,289	996
Amortization expense	(1,422)	(1,528)	(2,803)	(3,041)
Foreign exchange adjustment	0	0	0	0
Ending Balance	71,975	75,349	71,975	75,349
Family Heritage | Health
Movement Analysis of Deferred Policy Acquisition Costs
Beginning Balance	462,346	425,145	452,843	416,608
Capitalizations	17,242	15,494	33,932	30,591
Amortization expense	(7,334)	(6,640)	(14,521)	(13,200)
Foreign exchange adjustment	0	0	0	0
Ending Balance	$ 472,254	$ 433,999	$ 472,254	$ 433,999

Deferred Acquisition Costs - _2

Deferred Acquisition Costs - Schedule of Deferred Policy Acquisition Costs to Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 6,260,294		$ 6,009,477	$ 5,778,732
Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	5,495,593	$ 5,378,825	5,271,775	5,065,265	$ 4,952,262	$ 4,844,291
Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	762,523	749,844	734,735	709,669	697,958	686,763
Annuity
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,178			3,798
American Income | Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	2,740,138	2,652,009	2,573,370	2,417,480	2,332,600	2,258,291
American Income | Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	71,589	68,938	66,783	62,285	59,890	57,811
DTC | Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,765,673	1,754,184	1,737,117	1,714,715	1,699,588	1,676,931
DTC | Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	1,608	1,643	1,679	1,760	1,807	1,854
Liberty National | Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	696,905	678,885	666,419	636,209	622,532	610,723
Liberty National | Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	145,097	144,313	139,941	136,276	134,728	133,096
Other premium | Life
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	292,877	293,747	294,869	296,861	297,542	298,346
United American | Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	71,975	72,604	73,489	75,349	76,388	77,394
Family Heritage | Health
Deferred Policy Acquisition Cost [Line Items]
Deferred acquisition costs	$ 472,254	$ 462,346	$ 452,843	$ 433,999	$ 425,145	$ 416,608

Liability for Unpaid Claims - S

Liability for Unpaid Claims - Schedule of Liability for Unpaid Health Claims (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Activity in the Liability for Unpaid Health Claims
Beginning balance less reinsurance recoverable	$ 514,875
Paid related to:
Beginning balance plus reinsurance recoverable	526,126	$ 514,875
Health claims
Activity in the Liability for Unpaid Health Claims
Beginning balance	192,652	182,202
Less reinsurance recoverables, beginning balance	2,157	2,084
Beginning balance less reinsurance recoverable	194,809	184,286
Incurred related to:
Current year	368,295	697,521
Prior years	(3,930)	(4,853)
Total incurred	364,365	692,668
Paid related to:
Current year	225,585	535,971
Prior years	128,535	146,247
Total paid	354,120	682,218
Ending balance	202,897	192,652
Plus reinsurance recoverables, ending balance	1,668	2,157
Beginning balance plus reinsurance recoverable	$ 204,565	$ 194,809

Liability for Unpaid Claims -_2

Liability for Unpaid Claims - Schedule of Reconciliation of Policy Claims and Other Benefits Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 526,126	$ 514,875
Life insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	321,561	320,066
Health insurance
Policy claims and other benefits payable:
Policy claims and other benefits payable	$ 204,565	$ 194,809	$ 184,286

Postretirement Benefits - Sched

Postretirement Benefits - Schedule of Pension Assets by Component at Fair Value (Details) - Pension Plan - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 592,072	$ 570,767
Percentage of plan assets	100%	100%
Investment funds, percentage ownership by pension plan	1%
Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 565,095	$ 552,453
Percentage of plan assets	95%	97%
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 341,075	$ 341,570
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	224,020	210,883
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 26,977	$ 18,314
Percentage of plan assets	5%	3%
Exchange traded fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 35,996	$ 18,715
Percentage of total plan assets, within plan asset category	6%	3%
Investment grade securities issued term	10 years
Exchange traded fund | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 35,996	$ 18,715
Exchange traded fund | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Exchange traded fund | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Equity Exchange Traded Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 295,168	$ 315,886
Percentage of total plan assets, within plan asset category	50%	55%
Equity Exchange Traded Fund | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 295,168	$ 315,886
Equity Exchange Traded Fund | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Equity Exchange Traded Fund | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
U.S. Government and Agency
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 180,280	$ 167,450
Percentage of total plan assets, within plan asset category	30%	30%
U.S. Government and Agency | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
U.S. Government and Agency | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	180,280	167,450
U.S. Government and Agency | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 4	$ 5
Percentage of total plan assets, within plan asset category	0%	0%
Other bonds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Other bonds | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	4	5
Other bonds | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Guaranteed annuity contract
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 43,736	$ 43,428
Percentage of total plan assets, within plan asset category	7%	8%
Guaranteed annuity contract | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0
Guaranteed annuity contract | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	43,736	43,428
Guaranteed annuity contract | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Short-term investments
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 8,808	$ 6,506
Percentage of total plan assets, within plan asset category	2%	1%
Short-term investments | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 8,808	$ 6,506
Short-term investments | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Short-term investments | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 1,103	$ 463
Percentage of total plan assets, within plan asset category	0%	0%
Other | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 1,103	$ 463
Other | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	0	0
Other | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, within plan asset category	$ 0	$ 0

Postretirement Benefits - Sch_2

Postretirement Benefits - Schedule of Information Regarding the SERP (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Retirement Benefits [Abstract]
Premiums paid for insurance coverage	$ 443	$ 443
Total investments:
COLI	56,423		$ 55,185
Exchange traded funds	92,857		86,156
Total investments of SERP	$ 149,280		$ 141,341

Postretirement Benefits - Sch_3

Postretirement Benefits - Schedule of Pension and SERP Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	$ 654,069	$ 627,560
Qualified Plan | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	581,490	554,957
Nonqualified Plan | SERP
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	$ 72,579	$ 72,603

Postretirement Benefits - Sch_4

Postretirement Benefits - Schedule of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Retirement Benefits [Abstract]
Service cost—benefits earned during the period	$ 6,228	$ 5,390	$ 12,449	$ 10,782
Interest cost on projected benefit obligation	8,308	7,834	16,575	15,668
Expected return on assets	(10,647)	(9,656)	(21,293)	(19,312)
Prior service cost	269	269	538	538
Actuarial (gain) loss	6	(52)	12	(104)
Net periodic benefit cost	$ 4,164	$ 3,785	$ 8,281	$ 7,572

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Basic weighted average shares outstanding (in shares)	91,441,350	95,330,416	92,653,478	95,856,391
Weighted average dilutive options outstanding (in shares)	0	921,019	333,855	1,228,920
Diluted weighted average shares outstanding (in shares)	91,441,350	96,251,435	92,987,333	97,085,311
Antidilutive shares (in shares)	4,958,491	492,970	2,063,624	351,343

Debt - Schedule of Selected Inf

Debt - Schedule of Selected Information about Debt Issues (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt, par value, gross	$ 1,650,000,000
Total short-term debt, par value	663,225,000
Total debt, par value	2,313,225,000
Unamortized discount & issuance costs, noncurrent	(19,604,000)
Unamortized discount & issuance costs, current	(8,619,000)
Total debt, unamortized discount & issuance costs,	(28,223,000)
Long-term debt (estimated fair value: 2024—$1,376,196; 2023—$1,491,229)	1,630,396,000	$ 1,629,559,000
Total short-term debt, book value	654,606,000	486,113,000
Total debt, book value	2,285,002,000	2,115,672,000
Fair Value	1,376,196,000
Total short-term debt, fair value	654,606,000
Total debt, fair value	2,030,802,000
FHLB borrowings
Debt Instrument [Line Items]
Total short-term debt, par value	180,000,000	0
Unamortized discount & issuance costs, current	0
Total short-term debt, book value	180,000,000	0
Total short-term debt, fair value	180,000,000
Commercial paper
Debt Instrument [Line Items]
Total short-term debt, par value	313,225,000
Unamortized discount & issuance costs, current	(8,423,000)
Total short-term debt, book value	304,802,000	316,564,000
Total short-term debt, fair value	$ 304,802,000
Senior Notes Due 2028
Debt Instrument [Line Items]
Coupon Rate	4.55%
Long-term debt, par value, gross	$ 550,000,000
Unamortized discount & issuance costs, noncurrent	(3,359,000)
Debt	546,641,000	546,283,000
Long-term debt, gross, fair value	$ 522,121,000
Senior Notes Due 2030
Debt Instrument [Line Items]
Coupon Rate	2.15%
Long-term debt, par value, gross	$ 400,000,000
Unamortized discount & issuance costs, noncurrent	(3,099,000)
Debt	396,901,000	396,670,000
Long-term debt, gross, fair value	$ 320,552,000
Senior Notes Due June 15 2032
Debt Instrument [Line Items]
Coupon Rate	4.80%
Long-term debt, par value, gross	$ 250,000,000
Unamortized discount & issuance costs, noncurrent	(3,928,000)
Debt	246,072,000	245,873,000
Long-term debt, gross, fair value	229,785,000
Senior Notes Due June 15 2032 | Consolidation Eliminations | Subsidiaries
Debt Instrument [Line Items]
Long-term debt, net, book value	$ 150,000,000
Junior Subordinated Debentures Due 2057
Debt Instrument [Line Items]
Coupon Rate	5.275%
Long-term debt, par value, gross	$ 125,000,000
Unamortized discount & issuance costs, noncurrent	(1,565,000)
Debt	123,435,000	123,427,000
Long-term debt, gross, fair value	$ 109,258,000
Junior Subordinated Debentures Due 2061
Debt Instrument [Line Items]
Coupon Rate	4.25%
Long-term debt, par value, gross	$ 325,000,000
Unamortized discount & issuance costs, noncurrent	(7,653,000)
Debt	317,347,000	317,306,000
Long-term debt, gross, fair value	$ 194,480,000
Term Loan Due November 11 2024
Debt Instrument [Line Items]
Coupon Rate	6.42%
Long-term debt, par value, gross	$ 170,000,000
Unamortized discount & issuance costs, noncurrent	(196,000)
Debt	169,804,000	$ 169,549,000
Long-term debt, gross, fair value	$ 169,804,000
Basis spread	1.35%

Debt - Additional Information (

Debt - Additional Information (Details)		6 Months Ended
	Mar. 29, 2024 USD ($) extension_option	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Activity-based common stock ownership percentage		0.041
FHLB stock		$ 36,400,000	$ 22,300,000
Short-term debt, face amount		663,225,000
Estimate of Fair Value Measurement | Asset Pledged as Collateral
Debt Instrument [Line Items]
Fair value of pledged assets		1,400,000,000
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Short-term debt, face amount		$ 180,000,000	0
Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000,000,000
Potential maximum borrowing capacity	$ 1,250,000,000
Number of extension options | extension_option	2
Extension term	1 year
Junior Subordinated Debentures Due 2056
Debt Instrument [Line Items]
Interest rate		4.25%
Senior Notes
Debt Instrument [Line Items]
Optional redemption, period from issuance date		5 years
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 640,000,000
Long-term line of credit		$ 303,000,000	$ 138,000,000

Debt - Short-Term Borrowings (D

Debt - Short-Term Borrowings (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Short-term Debt [Line Items]
Annualized interest rate	6.02%	5.57%	5.71%
Letters of credit outstanding	$ 115,000	$ 115,000	$ 115,000
Remaining amount available under credit line	$ 571,775	$ 375,000	316,000
Daily-weighted average interest rate (annualized)	5.76%	5.21%
Maximum daily amount outstanding during period (par value)	$ 633,425	$ 477,700
Commercial paper matured during period (par value)	236,786	0
Short-term Debt
Short-term Debt [Line Items]
Balance commercial paper at end of period (at par value)	313,225	260,000	$ 319,000
Commercial paper
Short-term Debt [Line Items]
Average balance of commercial paper outstanding during period (par value)	392,905	313,259
Commercial paper issued during period (par value)	997,492	1,055,000
Commercial paper matured during period (par value)	(1,003,267)	(1,080,000)
Net commercial paper issued (matured) during period (par value)	$ (5,775)	$ (25,000)

Business Segments - Schedule of

Business Segments - Schedule of Segment Premium Income by Distribution Channel (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)
Segment Reporting [Abstract]
Number of segments | segment			4
Segment Reporting Information [Line Items]
Premium	$ 1,167,125	$ 1,110,920	$ 2,312,409	$ 2,206,010
% of Total	100%	100%	100%	100%
Life
Segment Reporting Information [Line Items]
Premium	$ 815,482	$ 781,733	$ 1,619,747	$ 1,554,330
% of Total	100%	100%	100%	100%
Health
Segment Reporting Information [Line Items]
Premium	$ 351,643	$ 329,187	$ 692,662	$ 651,680
% of Total	100%	100%	100%	100%
Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
American Income
Segment Reporting Information [Line Items]
Premium	$ 454,255	$ 424,147	$ 898,796	$ 841,253
% of Total	39%	38%	39%	38%
American Income | Life
Segment Reporting Information [Line Items]
Premium	$ 423,534	$ 394,620	$ 837,578	$ 782,132
% of Total	52%	51%	52%	51%
American Income | Health
Segment Reporting Information [Line Items]
Premium	$ 30,721	$ 29,527	$ 61,218	$ 59,121
% of Total	9%	9%	9%	9%
American Income | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Direct to Consumer
Segment Reporting Information [Line Items]
Premium	$ 266,971	$ 265,782	$ 532,877	$ 530,697
% of Total	23%	24%	23%	24%
Direct to Consumer | Life
Segment Reporting Information [Line Items]
Premium	$ 248,839	$ 248,607	$ 496,879	$ 496,274
% of Total	31%	32%	31%	32%
Direct to Consumer | Health
Segment Reporting Information [Line Items]
Premium	$ 18,132	$ 17,175	$ 35,998	$ 34,423
% of Total	5%	5%	5%	5%
Direct to Consumer | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Liberty National
Segment Reporting Information [Line Items]
Premium	$ 139,902	$ 133,537	$ 278,309	$ 265,712
% of Total	12%	12%	12%	12%
Liberty National | Life
Segment Reporting Information [Line Items]
Premium	$ 92,197	$ 86,634	$ 182,974	$ 171,837
% of Total	11%	11%	11%	11%
Liberty National | Health
Segment Reporting Information [Line Items]
Premium	$ 47,705	$ 46,903	$ 95,335	$ 93,875
% of Total	14%	14%	14%	14%
Liberty National | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
United American
Segment Reporting Information [Line Items]
Premium	$ 150,788	$ 139,302	$ 294,266	$ 273,791
% of Total	13%	13%	13%	12%
United American | Life
Segment Reporting Information [Line Items]
Premium	$ 1,558	$ 1,849	$ 3,401	$ 3,731
% of Total	0%	0%	0%	0%
United American | Health
Segment Reporting Information [Line Items]
Premium	$ 149,230	$ 137,453	$ 290,865	$ 270,060
% of Total	42%	42%	42%	42%
United American | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Family Heritage
Segment Reporting Information [Line Items]
Premium	$ 107,500	$ 99,642	$ 212,507	$ 197,194
% of Total	9%	9%	9%	9%
Family Heritage | Life
Segment Reporting Information [Line Items]
Premium	$ 1,645	$ 1,513	$ 3,261	$ 2,993
% of Total	0%	0%	0%	0%
Family Heritage | Health
Segment Reporting Information [Line Items]
Premium	$ 105,855	$ 98,129	$ 209,246	$ 194,201
% of Total	30%	30%	30%	30%
Family Heritage | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Other
Segment Reporting Information [Line Items]
Premium	$ 47,709	$ 48,510	$ 95,654	$ 97,363
% of Total	4%	4%	4%	5%
Other | Life
Segment Reporting Information [Line Items]
Premium	$ 47,709	$ 48,510	$ 95,654	$ 97,363
% of Total	6%	6%	6%	6%
Other | Health
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%
Other | Annuity
Segment Reporting Information [Line Items]
Premium	$ 0	$ 0	$ 0	$ 0
% of Total	0%	0%	0%	0%

Business Segments - Schedule _2

Business Segments - Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue:
Premium	$ 1,167,125	$ 1,110,920	$ 2,312,409	$ 2,206,010
Net investment income	285,636	261,244	568,214	518,349
Other income	74	85	150	135
Total revenue	1,452,835	1,372,249	2,880,773	2,724,494
Expenses:
Policy benefits	735,694	717,510	1,467,487	1,425,437
Required interest on reserves	0	0	0	0
Required interest on DAC			0
Amortization of acquisition costs	101,915	94,080	201,393	186,402
Commissions, premium taxes, and non-deferred acquisition costs	149,802	138,459	297,912	276,256
Insurance administrative expense	83,112	75,459	163,523	149,366
Parent expense	5,906	3,088	9,442	5,673
Stock-based compensation expense	10,090	7,486	19,357	15,165
Interest expense	31,404	25,818	60,025	50,685
Total benefits and expenses	1,117,923	1,061,900	2,219,139	2,108,984
Subtotal	334,912	310,349	661,634	615,510
Non-operating items	3,692	0	4,402	0
Measure of segment profitability (pretax)	338,604	310,349	666,036	615,510
Realized gains (losses)	(12,589)	(45,843)	(24,388)	(76,770)
Legal proceedings	2,435		2,435
Non-operating expenses	(1,257)		(1,967)
Income before income taxes	322,323	264,506	637,246	538,740
Life
Revenue:
Premium	815,482	781,733	1,619,747	1,554,330
Expenses:
Amortization of acquisition costs	87,915	81,173	173,683	160,762
Health
Revenue:
Premium	351,643	329,187	692,662	651,680
Expenses:
Amortization of acquisition costs	13,611	12,484	26,922	24,792
Annuity
Revenue:
Premium	0	0	0	0
Operating Segments
Expenses:
Non-operating items	0	0	0	0
Operating Segments | Life
Revenue:
Premium	815,482	781,733	1,619,747	1,554,330
Net investment income	0	0	0	0
Other income	0	0	0	0
Total revenue	815,482	781,733	1,619,747	1,554,330
Expenses:
Policy benefits	518,792	512,664	1,038,663	1,020,641
Required interest on reserves	(201,815)	(191,781)	(401,522)	(381,602)
Required interest on DAC			0
Amortization of acquisition costs	87,915	81,173	173,683	160,762
Commissions, premium taxes, and non-deferred acquisition costs	90,267	83,547	179,589	167,125
Insurance administrative expense	0	0	0	0
Parent expense	0	0	0	0
Stock-based compensation expense	0	0	0	0
Interest expense	0	0	0	0
Total benefits and expenses	495,159	485,603	990,413	966,926
Subtotal	320,323	296,130	629,334	587,404
Measure of segment profitability (pretax)	320,323	296,130	629,334	587,404
Operating Segments | Health
Revenue:
Premium	351,643	329,187	692,662	651,680
Net investment income	0	0	0	0
Other income	0	0	0	0
Total revenue	351,643	329,187	692,662	651,680
Expenses:
Policy benefits	205,423	195,924	407,750	386,886
Required interest on reserves	(27,410)	(26,548)	(54,583)	(52,871)
Required interest on DAC			0
Amortization of acquisition costs	13,611	12,484	26,922	24,792
Commissions, premium taxes, and non-deferred acquisition costs	59,531	54,908	118,315	109,122
Insurance administrative expense	0	0	0	0
Parent expense	0	0	0	0
Stock-based compensation expense	0	0	0	0
Interest expense	0	0	0	0
Total benefits and expenses	251,155	236,768	498,404	467,929
Subtotal	100,488	92,419	194,258	183,751
Measure of segment profitability (pretax)	100,488	92,419	194,258	183,751
Operating Segments | Annuity
Revenue:
Premium	0	0	0	0
Net investment income	0	0	0	0
Other income	0	0	0	0
Total revenue	0	0	0	0
Expenses:
Policy benefits	5,943	7,107	12,070	14,648
Required interest on reserves	(8,084)	(9,715)	(16,529)	(19,974)
Required interest on DAC			0
Amortization of acquisition costs	389	423	788	848
Commissions, premium taxes, and non-deferred acquisition costs	4	4	8	9
Insurance administrative expense	0	0	0	0
Parent expense	0	0	0	0
Stock-based compensation expense	0	0	0	0
Interest expense	0	0	0	0
Total benefits and expenses	(1,748)	(2,181)	(3,663)	(4,469)
Subtotal	1,748	2,181	3,663	4,469
Measure of segment profitability (pretax)	1,748	2,181	3,663	4,469
Operating Segments | Investment
Revenue:
Premium	0	0	0	0
Net investment income	285,636	261,244	568,214	518,349
Other income	0	0	0	0
Total revenue	285,636	261,244	568,214	518,349
Expenses:
Policy benefits	5,536	1,815	9,004	3,262
Required interest on reserves	237,309	228,044	472,634	454,447
Required interest on DAC			0
Amortization of acquisition costs	0	0	0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0	0	0
Insurance administrative expense	0	0	0	0
Parent expense	0	0	0	0
Stock-based compensation expense	0	0	0	0
Interest expense	0	0	0	0
Total benefits and expenses	242,845	229,859	481,638	457,709
Subtotal	42,791	31,385	86,576	60,640
Measure of segment profitability (pretax)	42,791	31,385	86,576	60,640
Corporate & Other
Revenue:
Premium	0	0	0	0
Net investment income	0	0	0	0
Other income	74	85	150	135
Total revenue	74	85	150	135
Expenses:
Policy benefits	0	0	0	0
Required interest on reserves	0	0	0	0
Required interest on DAC			0
Amortization of acquisition costs	0	0	0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0	0	0
Insurance administrative expense	82,196	75,459	162,607	149,366
Parent expense	3,130	3,088	5,956	5,673
Stock-based compensation expense	10,090	7,486	19,357	15,165
Interest expense	31,404	25,818	60,025	50,685
Total benefits and expenses	126,820	111,851	247,945	220,889
Subtotal	(126,746)	(111,766)	(247,795)	(220,754)
Non-operating items	0	0	0	0
Measure of segment profitability (pretax)	(126,746)	(111,766)	(247,795)	(220,754)
Adjustments
Revenue:
Premium	0	0	0	0
Net investment income	0	0	0	0
Other income	0	0	0	0
Total revenue	0	0	0	0
Expenses:
Policy benefits	0	0	0	0
Required interest on reserves	0	0	0	0
Required interest on DAC			0
Amortization of acquisition costs	0	0	0	0
Commissions, premium taxes, and non-deferred acquisition costs	0	0	0	0
Insurance administrative expense	916	0	916	0
Parent expense	2,776		3,486	0
Stock-based compensation expense	0	0	0	0
Interest expense	0	0	0	0
Total benefits and expenses	3,692	0	4,402	0
Subtotal	(3,692)	0	(4,402)	0
Non-operating items	3,692	0	4,402	0
Measure of segment profitability (pretax)	$ 0	$ 0	$ 0	$ 0