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Deposit-Type Contracts (Tables)
12 Months Ended
Dec. 31, 2019
Deposit Type Contracts [Abstract]  
Schedule of Contracts

The following table provides information about deposit-type contracts for the years ended December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Year ended December 31, 

 

    

2019

    

2018

Beginning balance

 

$

7,234,927

 

$

8,314,297

US Alliance

 

 

657,986

 

 

804,187

Commutation of assumption agreement

 

 

 —

 

 

(1,881,411)

Ironbound Reinsurance Company Limited

 

 

1,839,551

 

 

 —

SDA Annuity & Life Re (includes MVA adjustment and embedded derivative)

 

 

194,940

 

 

 —

Deposits received

 

 

161,392,700

 

 

650

Investment earnings (includes MVA adjustment and embedded derivative)

 

 

9,271

 

 

47,936

Withdrawals

 

 

(160,590)

 

 

(50,732)

Ending balance

 

$

171,168,785

 

$

7,234,927