CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS (Tables)

12 Months Ended

Dec. 31, 2017

CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS

Schedule of activity relating to GMDB reserves (excluding those 100% reinsured under the Modco agreement)

Activity relating to GMDB reserves (excluding those 100% reinsured under the Modco agreement) is as follows:

	Successor Company						Predecessor Company
	For The Year Ended December 31, 2017		For The Year Ended December 31, 2016		February 1, 2015 to December 31, 2015		January 1, 2015 to January 31, 2015
	(Dollars In Thousands)						(Dollars In Thousands)
Beginning balance	$	34,796	$	36,427	$	29,010	$	26,251
Incurred guarantee benefits	849		678		10,175		3,073
Less: Paid guarantee benefits	1,615		2,309		2,758		449
Ending balance	$	34,030	$	34,796	$	36,427	$	28,875

Schedule of account balances of variable annuities with guarantees invested in VA separate accounts

Account balances of variable annuities with guarantees invested in VA separate accounts are as follows:

	Successor Company
	As of December 31,
	2017		2016
	(Dollars In Thousands)
Equity mutual funds	$	8,798,847	$	8,071,204
Fixed income mutual funds	5,005,663		5,085,864
Total	$	13,804,510	$	13,157,068

Schedule of activity in the Company's deferred sales inducement asset

Activity in the Company's deferred sales inducement asset was as follows:

	Successor Company									Predecessor Company
	For The Year Ended December 31, 2017			For The Year Ended December 31, 2016			February 1, 2015 to December 31, 2015			January 1, 2015 to January 31, 2015
	(Dollars In Thousands)									(Dollars In Thousands)
Deferred asset, beginning of period	$	22,497		$	11,756		$	—		$	155,150
Amounts deferred	14,246			16,212			14,557			82
Amortization	(5,787		)	(5,471		)	(2,801		)	(1,139		)
Deferred asset, end of period	$	30,956		$	22,497		$	11,756		$	154,093