{"iri":"http://fasb.org/us-gaap/2026#ClosedBlockOperationsPolicyholderBenefits","label":"Closed Block Operations, Policyholder Benefits","definition":"An expense for the period for estimated policy claims in an insurance entity's segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block), as typically reported in a table of closed block operations as part of summarized financial data.","license":"https://accountingfoundation.org/page/pageContent?pageId=/Termsofuse/Termsofuse.html","source":"gaap","source_url":"http://fasb.org/us-gaap/2026#ClosedBlockOperationsPolicyholderBenefits"}