XML 44 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investments - Summary of Fixed Maturities Available for Sale by Component (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 15,274,490 $ 14,995,101
Fair Value 16,635,885 16,969,325
Fixed maturities available for sale [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost 15,274,490 14,995,101
Gross Unrealized Gains 1,513,436 2,056,907
Gross Unrealized Losses (152,041) (82,683)
Fair Value $ 16,635,885 $ 16,969,325
Percentage of Total Fixed Maturities At Fair Value 100.00% 100.00%
Fixed maturities available for sale [Member] | U.S. Government direct, guaranteed, and government-sponsored enterprises [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 394,548 $ 390,646
Gross Unrealized Gains 7,127 18,173
Gross Unrealized Losses (2,397) (1,373)
Fair Value $ 399,278 $ 407,446
Percentage of Total Fixed Maturities At Fair Value 3.00% 2.00%
Fixed maturities available for sale [Member] | States, municipalities, and political subdivisions [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 1,219,749 $ 1,091,960
Gross Unrealized Gains 113,694 127,890
Gross Unrealized Losses (508) (135)
Fair Value $ 1,332,935 $ 1,219,715
Percentage of Total Fixed Maturities At Fair Value 8.00% 7.00%
Fixed maturities available for sale [Member] | Foreign governments [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 20,541 $ 20,236
Gross Unrealized Gains 1,740 1,782
Gross Unrealized Losses 0 0
Fair Value $ 22,281 $ 22,018
Percentage of Total Fixed Maturities At Fair Value 0.00% 0.00%
Fixed maturities available for sale [Member] | Corporates [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 13,057,874 $ 12,923,415
Gross Unrealized Gains 1,311,246 1,819,119
Gross Unrealized Losses (138,203) (70,698)
Fair Value $ 14,230,917 $ 14,671,836
Percentage of Total Fixed Maturities At Fair Value 86.00% 87.00%
Fixed maturities available for sale [Member] | Corporates [Member] | Financial [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 3,329,170 $ 3,282,526
Gross Unrealized Gains 349,415 475,961
Gross Unrealized Losses (31,568) (23,392)
Fair Value $ 3,647,017 $ 3,735,095
Percentage of Total Fixed Maturities At Fair Value 22.00% 22.00%
Fixed maturities available for sale [Member] | Corporates [Member] | Utilities [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 1,963,247 $ 1,955,737
Gross Unrealized Gains 296,546 369,406
Gross Unrealized Losses (6,482) (1,298)
Fair Value $ 2,253,311 $ 2,323,845
Percentage of Total Fixed Maturities At Fair Value 14.00% 14.00%
Fixed maturities available for sale [Member] | Corporates [Member] | Energy [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 1,614,917 $ 1,619,349
Gross Unrealized Gains 175,301 226,140
Gross Unrealized Losses (35,069) (25,392)
Fair Value $ 1,755,149 $ 1,820,097
Percentage of Total Fixed Maturities At Fair Value 11.00% 11.00%
Fixed maturities available for sale [Member] | Corporates [Member] | Other corporate sectors [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 6,150,540 $ 6,065,803
Gross Unrealized Gains 489,984 747,612
Gross Unrealized Losses (65,084) (20,616)
Fair Value $ 6,575,440 $ 6,792,799
Percentage of Total Fixed Maturities At Fair Value 39.00% 40.00%
Fixed maturities available for sale [Member] | Collateralized debt obligations [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 58,473 $ 59,150
Gross Unrealized Gains 23,518 20,084
Gross Unrealized Losses (6,467) (7,653)
Fair Value $ 75,524 $ 71,581
Percentage of Total Fixed Maturities At Fair Value 0.00% 0.00%
Fixed maturities available for sale [Member] | Other asset-backed securities [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 147,511 $ 144,520
Gross Unrealized Gains 3,263 4,835
Gross Unrealized Losses (362) 0
Fair Value $ 150,412 $ 149,355
Percentage of Total Fixed Maturities At Fair Value 1.00% 1.00%
Fixed maturities available for sale [Member] | Redeemable preferred stocks [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 375,794 $ 365,174
Gross Unrealized Gains 52,848 65,024
Gross Unrealized Losses (4,104) (2,824)
Fair Value $ 424,538 $ 427,374
Percentage of Total Fixed Maturities At Fair Value 2.00% 3.00%
Fixed maturities available for sale [Member] | Redeemable preferred stocks [Member] | Financial [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 347,254 $ 336,621
Gross Unrealized Gains 51,250 62,892
Gross Unrealized Losses (3,783) (2,727)
Fair Value $ 394,721 $ 396,786
Percentage of Total Fixed Maturities At Fair Value 2.00% 3.00%
Fixed maturities available for sale [Member] | Redeemable preferred stocks [Member] | Utilities [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Cost or Amortized Cost $ 28,540 $ 28,553
Gross Unrealized Gains 1,598 2,132
Gross Unrealized Losses (321) (97)
Fair Value $ 29,817 $ 30,588
Percentage of Total Fixed Maturities At Fair Value 0.00% 0.00%