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FAIR VALUE OF FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Determination of fair values                
Number of sources of information considered     1          
Number of sources of information     3          
Minimum percentage of the Company's fixed maturity securities priced by third party pricing services     92.60%          
Number of broker quotes obtained per security     2          
Percentage of derivatives excluding embedded derivatives that were priced using exchange prices or independent broker quotations     87.40%          
Other long-term investments $ 1,407,774,000   $ 1,407,774,000     $ 995,493,000    
Financial instruments owned, other 80,300,000   80,300,000     73,000,000.0    
Securities transferred into Level 3 31,200,000 $ 52,100,000 115,500,000 $ 138,200,000        
Securities transferred into Level 2 from Level 3   10,800,000 1,200,000 31,400,000        
Interest support, YRT premium support and portfolio maintenance agreement                
Determination of fair values                
Other long-term investments 133,500,000   133,500,000          
Golden Gate II | Interest Support Agreement                
Determination of fair values                
Other long-term investments 78,600,000   78,600,000          
Payments made under agreement     2,400,000          
Amount of collateralized support agreement obligations by PLC 5,500,000   5,500,000          
Golden Gate II | YRT premium support agreement                
Determination of fair values                
Other long-term investments 53,200,000   53,200,000          
Payments made under agreement     1,600,000          
Golden Gate, Golden Gate V and West Coast Life | Portfolio maintenance agreements                
Determination of fair values                
Other long-term investments 1,700,000   1,700,000          
Payments made under agreement     0          
Level 3                
Determination of fair values                
Level 3 fair value 1,786,496,000 $ 1,139,111,000 1,786,496,000 $ 1,139,111,000 $ 1,732,315,000 1,087,700,000 $ 914,620,000 $ 514,246,000
Financial instruments valued in broker quotes 98,100,000   98,100,000     76,800,000    
Asset-backed securities | Level 2                
Determination of fair values                
Fair value 11,000,000,000.0   11,000,000,000.0          
Asset-backed securities | Level 3                
Determination of fair values                
Fair value 507,600,000   $ 507,600,000          
Other asset-backed securities                
Determination of fair values                
Underlying collateral percentage     9700.00%          
Other asset-backed securities | Level 3                
Determination of fair values                
Fair value 434,496,000   $ 434,496,000     421,219,000    
Underlying collateral percentage     97.00%          
Financial instruments valued in broker quotes 79,300,000   $ 79,300,000     65,400,000    
Other asset-backed securities | Level 3 | Available-for-sale securities                
Determination of fair values                
Fair value 445,200,000   445,200,000          
Other asset-backed securities | Level 3 | Trading securities                
Determination of fair values                
Fair value 62,400,000   62,400,000          
Corporate bonds and securities | Level 2                
Determination of fair values                
Fair value 56,500,000,000   56,500,000,000          
Corporate bonds and securities | Level 3                
Determination of fair values                
Fair value 1,400,000,000   1,400,000,000          
Equity securities                
Determination of fair values                
Fair value 86,300,000   86,300,000          
Federal Home Loan Bank stock 80,300,000   80,300,000          
Equity securities | Level 3                
Determination of fair values                
Financial instruments valued in broker quotes 6,000,000.0   6,000,000.0          
Embedded derivative - GLWB | Level 3                
Determination of fair values                
Fair value 518,246,000   $ 518,246,000          
Embedded derivative - GLWB | Level 3 | Minimum                
Determination of fair values                
Mortality rate     88.00%          
Embedded derivative - GLWB | Level 3 | Maximum                
Determination of fair values                
Mortality rate     100.00%          
Embedded derivative - FIA | Level 3 | Minimum                
Determination of fair values                
Mortality rate     88.00%          
Embedded derivative - FIA | Level 3 | Maximum                
Determination of fair values                
Mortality rate     100.00%          
Embedded derivative - IUL | Level 3 | Minimum                
Determination of fair values                
Mortality rate     36.00%          
Embedded derivative - IUL | Level 3 | Maximum                
Determination of fair values                
Mortality rate     161.00%          
Funds withheld derivative | Level 2                
Determination of fair values                
Other liabilities 145,000,000.0   $ 145,000,000.0          
Corporate securities | Level 3                
Determination of fair values                
Fair value 1,357,544,000   1,357,544,000     1,373,714,000    
Financial instruments valued in broker quotes $ 12,800,000   $ 12,800,000     $ 11,400,000