XML 41 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Values of Financial Instruments (Assets and Liabilities Measured on a Recurring Basis by Fair Value Hierarchy) (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Derivative instruments $ 672,958 $ 1,355,989
Fair Value, Measurements, Recurring    
Assets    
Derivative instruments 672,958 1,355,989
Cash and cash equivalents 2,408,635 2,293,392
Assets 53,820,385 55,229,877
Liabilities    
Fixed index annuities - embedded derivatives 9,418,485 9,624,395
Fair Value, Measurements, Recurring | Interest Rate Caps    
Assets    
Interest rate derivative assets   6
Fair Value, Measurements, Recurring | United States Government Full Faith and Credit    
Assets    
Investments 39,342 161,765
Fair Value, Measurements, Recurring | United States Government Sponsored Agencies    
Assets    
Investments 343,387 625,020
Fair Value, Measurements, Recurring | United States Municipalities, States and Territories    
Assets    
Investments 3,778,710 4,527,671
Fair Value, Measurements, Recurring | Foreign Government Obligations    
Assets    
Investments 207,509 205,096
Fair Value, Measurements, Recurring | Corporate Securities    
Assets    
Investments 33,330,711 32,536,839
Fair Value, Measurements, Recurring | Residential Mortgage Backed Securities    
Assets    
Investments 1,712,725 1,575,664
Fair Value, Measurements, Recurring | Commercial Mortgage Backed Securities    
Assets    
Investments 5,393,062 5,786,279
Fair Value, Measurements, Recurring | Other Asset Backed Securities    
Assets    
Investments 5,933,346 6,162,156
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1)    
Assets    
Derivative instruments 0 0
Cash and cash equivalents 2,408,635 2,293,392
Assets 2,441,702 2,449,341
Liabilities    
Fixed index annuities - embedded derivatives 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Interest Rate Caps    
Assets    
Interest rate derivative assets   0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Government Full Faith and Credit    
Assets    
Investments 33,057 155,945
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Government Sponsored Agencies    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Municipalities, States and Territories    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Foreign Government Obligations    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Corporate Securities    
Assets    
Investments 10 4
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Residential Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Commercial Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Other Asset Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Derivative instruments 672,958 1,355,989
Cash and cash equivalents 0 0
Assets 51,378,683 52,780,536
Liabilities    
Fixed index annuities - embedded derivatives 0 0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Interest Rate Caps    
Assets    
Interest rate derivative assets   6
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Government Full Faith and Credit    
Assets    
Investments 6,285 5,820
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Government Sponsored Agencies    
Assets    
Investments 343,387 625,020
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Municipalities, States and Territories    
Assets    
Investments 3,778,710 4,527,671
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Foreign Government Obligations    
Assets    
Investments 207,509 205,096
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Corporate Securities    
Assets    
Investments 33,330,701 32,536,835
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Residential Mortgage Backed Securities    
Assets    
Investments 1,712,725 1,575,664
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Commercial Mortgage Backed Securities    
Assets    
Investments 5,393,062 5,786,279
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Other Asset Backed Securities    
Assets    
Investments 5,933,346 6,162,156
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Derivative instruments 0 0
Cash and cash equivalents 0 0
Assets 0 0
Liabilities    
Fixed index annuities - embedded derivatives 9,418,485 9,624,395
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Interest Rate Caps    
Assets    
Interest rate derivative assets   0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Government Full Faith and Credit    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Government Sponsored Agencies    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Municipalities, States and Territories    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Foreign Government Obligations    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Corporate Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Residential Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Commercial Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Other Asset Backed Securities    
Assets    
Investments $ 0 $ 0