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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in AOCI by Component (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2020
Dec. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning Balance $ 9,669,087 $ 11,206,826 $ 7,042,788
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings 4,762 (1,767)  
Ending Balance 12,116,623 12,116,623 11,206,826
Total Accumulated Other Comprehensive Income (Loss)      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning Balance (65,962) 1,407,642 (1,404,216)
Other comprehensive income (loss) before reclassifications   776,518 2,824,107
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings     (3,574)
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings   (1,767)  
Amounts reclassified from accumulated other comprehensive income (loss)   34,076 (8,675)
Ending Balance 2,216,469 2,216,469 1,407,642
Unrealized Gains and Losses on Investments      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning Balance   1,415,631 (1,404,209)
Other comprehensive income (loss) before reclassifications   778,919 2,833,888
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings     (3,574)
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings   (1,767)  
Amounts reclassified from accumulated other comprehensive income (loss)   31,966 (10,474)
Ending Balance 2,224,749 2,224,749 1,415,631
Offset of net unrealized losses in AOCI due to impact those net unrealized losses would have on certain of the Company's insurance assets and liabilities had the net unrealized losses been recognized in net income   (1,300,000) (776,900)
Accumulated Gain and Loss Derivatives      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning Balance   (7,989) (7)
Other comprehensive income (loss) before reclassifications     (9,781)
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings     0
Amounts reclassified from accumulated other comprehensive income (loss)     1,799
Ending Balance     $ (7,989)
Accumulated Gain and Loss Derivatives      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Other comprehensive income (loss) before reclassifications   (2,401)  
Other comprehensive income (loss) on investments for which a credit loss has been recognized in earnings   0  
Amounts reclassified from accumulated other comprehensive income (loss)   2,110  
Ending Balance $ (8,280) $ (8,280)