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Reinsurance and Policy Provisions (Tables)
12 Months Ended
Dec. 31, 2019
Reinsurance and Policy Provisions [Abstract]  
Reinsurance [Text Block]

Impact of Reinsurance on our Financial Statements
 
 
 
 
 
 
Year ended December 31,
 
2019
 
2018
 
2017
 
(Dollars in thousands)
Ceded (reductions to financial statement items):
 
 
 
 
 
Premiums and product charges
$
31,363

 
$
32,450

 
$
32,922

Insurance benefits
20,759

 
21,358

 
24,159

Allowances for expenses and commissions
2,899

 
4,231

 
4,548

Assumed (additions to financial statement items):
 
 
 
 
 
Premiums and product charges
2,546

 
2,508

 
2,637

Insurance benefits
7,437

 
2,752

 
6,356

Allowances for expenses and commissions
1,340

 
1,410

 
1,543


Reinsurance in Force and Percentage of Direct Life Insurance in Force
 
 
 
 
 
 
 
 
Year ended December 31,
 
2019
 
2018
 
(Dollars in millions)
Ceded reinsurance
$
13,771

 
21.0
%
 
$
14,030

 
21.8
%
Assumed reinsurance
431

 
0.7
%
 
455

 
0.7
%



Present Value of Future Insurance Profits [Text Block]
 
Year ended December 31,
 
2019
 
2018
 
2017
 
(Dollars in thousands)
Balance at beginning of year
$
17,263

 
$
19,430

 
$
21,608

Amortization per fixed schedule
(2,141
)
 
(2,167
)
 
(2,178
)
Balance at end of year
15,122

 
17,263

 
19,430

Impact of net unrealized investment gains and losses
(12,498
)
 
(6,878
)
 
(14,870
)
Value of insurance in force acquired
$
2,624

 
$
10,385

 
$
4,560


Schedule of Minimum Guaranteed Benefit Liabilities [Table Text Block]
GMDB, IDB and GMIB Net Amount at Risk by Type of Guarantee
 
 
 
 
 
 
 
 
 
December 31, 2019
 
December 31, 2018
 
Separate
Account
Balance
 
Net Amount
at Risk
 
Separate
Account
Balance
 
Net Amount
at Risk
 
(Dollars in thousands)
Guaranteed minimum death benefit:
 
 
 
 
 
 
 
Return of net deposits
$
166,055

 
$
362

 
$
147,567

 
$
430

Return the greater of highest anniversary
value or net deposits
287,518

 
9,936

 
252,361

 
29,146

Incremental death benefit
259,735

 
62,411

 
228,863

 
53,727

Guaranteed minimum income benefit
25,137

 
1

 
24,357

 
37

Total
 
 
$
72,710

 
 
 
$
83,340