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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net income (loss) $ (247,429) $ 18,590 $ (4,482) $ (11,420)
Other comprehensive income:        
Change in net unrealized investment gains/losses (1) [1] 1,898,567 677,320 273,492 1,394,233
Noncredit component of OTTI losses (1) [1] 0 103 0 103
Reclassification of unrealized investment gains/losses to net income (loss) (1) [1] (2) 1,422 7,418 1,128
Other comprehensive income before income tax 1,898,565 678,845 280,910 1,395,464
Income tax effect related to other comprehensive income (398,700) (142,558) (58,992) (293,048)
Other comprehensive income 1,499,865 536,287 221,918 1,102,416
Comprehensive income $ 1,252,436 $ 554,877 $ 217,436 $ 1,090,996
[1]
Net of related adjustments to amortization of deferred sales inducements and deferred policy acquisition costs.