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FAIR VALUE OF FINANCIAL INSTRUMENTS - Determination of Fair Values Additional Information (Details)
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
primary_source
Dec. 31, 2017
USD ($)
quote
Dec. 31, 2017
USD ($)
input_method
Dec. 31, 2016
USD ($)
Determination of fair values              
Transferred out of Level 3     $ 28,900,000       $ 221,500,000
Number of primary sources of information used for determining fair value | primary_source       1      
Total number of primary sources of information available for determining fair value       3   3  
Minimum percentage of the Company's fixed maturity securities priced by third party pricing services   92.70%          
Number of independent non-binding broker quotes obtained per security | quote         1    
Percentage of derivatives excluding embedded derivatives that were priced using exchange prices or independent broker quotations   100.00%          
Fair value, liabilities $ 1,007,572,000 $ 1,007,572,000 1,007,572,000 $ 1,007,572,000 $ 1,007,572,000 $ 1,007,572,000 748,821,000
Transfers from Level 2 to Level 1 0 0 0 0 0 0 12,200,000
Transfers from Level 1 to Level 2 0 0 0 0 0 0 100,000
Level 3              
Determination of fair values              
Financial instruments that are valued using broker quotes 50,400,000 50,400,000 50,400,000 50,400,000 50,400,000 50,400,000 128,200,000
Financial instruments with book value approximating fair value 65,700,000 65,700,000 65,700,000 65,700,000 65,700,000 65,700,000 $ 65,900,000
Asset-backed securities | Level 2              
Determination of fair values              
Fair value, assets 5,500,000,000 5,500,000,000 5,500,000,000 5,500,000,000 5,500,000,000 5,500,000,000  
Asset-backed securities | Level 3              
Determination of fair values              
Fair value, assets 539,600,000 $ 539,600,000 539,600,000 539,600,000 539,600,000 539,600,000  
Other asset-backed securities              
Determination of fair values              
Percentage of underlying collateral of student-loan backed auction rate securities guaranteed by the Federal Family Education Loan Program (at least)   97.00%         97.00%
Other asset-backed securities | Level 3              
Determination of fair values              
Fair value, assets 504,228,000 $ 504,228,000 504,228,000 504,228,000 504,228,000 504,228,000 $ 553,308,000
Financial instruments that are valued using broker quotes 35,400,000 35,400,000 35,400,000 35,400,000 35,400,000 35,400,000 93,900,000
Other asset-backed securities | Level 3 | Available-for-sale securities              
Determination of fair values              
Fair value, assets 504,400,000 $ 504,400,000 504,400,000 504,400,000 504,400,000 504,400,000  
Percentage of underlying collateral of student-loan backed auction rate securities guaranteed by the Federal Family Education Loan Program (at least)   97.00%          
Other asset-backed securities | Level 3 | Trading securities              
Determination of fair values              
Fair value, assets 35,200,000 $ 35,200,000 35,200,000 35,200,000 35,200,000 35,200,000  
Corporate securities | Level 3              
Determination of fair values              
Fair value, assets 617,770,000 617,770,000 617,770,000 617,770,000 617,770,000 617,770,000 638,279,000
Financial instruments that are valued using broker quotes 14,600,000 14,600,000 14,600,000 14,600,000 14,600,000 14,600,000 31,300,000
Corporate Bonds, U.S. Government-Related Securities, and Other Government Related Securities | Level 2              
Determination of fair values              
Fair value, assets 33,500,000,000 33,500,000,000 33,500,000,000 33,500,000,000 33,500,000,000 33,500,000,000  
Corporate Bonds, U.S. Government-Related Securities, and Other Government Related Securities | Level 3              
Determination of fair values              
Fair value, assets $ 632,300,000 632,300,000 632,300,000 632,300,000 632,300,000 632,300,000  
Embedded derivative - GLWB              
Determination of fair values              
Discount rate curve, base rate LIBOR            
Fair value, liabilities $ 2,400,000,000 $ 2,400,000,000 2,400,000,000 2,400,000,000 2,400,000,000 2,400,000,000  
Unrealized gain (loss) of securities     226,600,000        
Embedded derivative - GLWB | Minimum              
Determination of fair values              
Mortality (as a percent)   91.10%          
Embedded derivative - GLWB | Maximum              
Determination of fair values              
Mortality (as a percent)   106.60%          
Embedded derivative - GLWB | Level 3              
Determination of fair values              
Fair value, assets             $ 115,370,000
Fair value, liabilities 111,760,000 $ 111,760,000 111,760,000 111,760,000 111,760,000 111,760,000  
Embedded derivative - GLWB | Level 3 | Actuarial cash flow model | Minimum              
Determination of fair values              
Mortality (as a percent)   91.10%         91.10%
Embedded derivative - GLWB | Level 3 | Actuarial cash flow model | Maximum              
Determination of fair values              
Mortality (as a percent)   1.00%         106.60%
Equity securities | Level 2 and Level 3              
Determination of fair values              
Fair value, assets 66,100,000 $ 66,100,000 66,100,000 66,100,000 66,100,000 66,100,000  
Federal home loan bank stock 65,500,000 65,500,000 65,500,000 65,500,000 65,500,000 65,500,000  
Equity securities | Level 3              
Determination of fair values              
Financial instruments that are valued using broker quotes $ 400,000 400,000 400,000 400,000 400,000 400,000 $ 3,100,000
Embedded derivative—FIA              
Determination of fair values              
Discount rate curve, base rate LIBOR            
Embedded derivative—FIA | Level 3              
Determination of fair values              
Fair value, liabilities $ 218,676,000 $ 218,676,000 218,676,000 218,676,000 218,676,000 218,676,000 147,368,000
Embedded derivative—FIA | Level 3 | Annuity account | Actuarial cash flow model | Minimum              
Determination of fair values              
Mortality (as a percent)   46.00%          
Embedded derivative—FIA | Level 3 | Annuity account | Actuarial cash flow model | Maximum              
Determination of fair values              
Mortality (as a percent)   113.00%          
Embedded derivative—IUL | Annuity account              
Determination of fair values              
Discount rate curve, base rate LIBOR            
Embedded derivative—IUL | Level 3              
Determination of fair values              
Fair value, liabilities $ 80,212,000 $ 80,212,000 80,212,000 80,212,000 80,212,000 80,212,000 $ 46,051,000
Embedded derivative—IUL | Level 3 | Actuarial cash flow model | Minimum              
Determination of fair values              
Mortality (as a percent)   34.00%         38.00%
Embedded derivative—IUL | Level 3 | Actuarial cash flow model | Maximum              
Determination of fair values              
Mortality (as a percent)   152.00%         153.00%
Measured at fair value on a recurring basis | Level 2              
Determination of fair values              
Fair value, assets 39,499,120,000 $ 39,499,120,000 39,499,120,000 39,499,120,000 39,499,120,000 39,499,120,000 $ 36,110,555,000
Annuity account balances 0 0 0 0 0 0 0
Measured at fair value on a recurring basis | Level 3              
Determination of fair values              
Fair value, assets 1,374,044,000 1,374,044,000 1,374,044,000 1,374,044,000 1,374,044,000 1,374,044,000 1,510,043,000
Annuity account balances $ 83,472,000 $ 83,472,000 $ 83,472,000 $ 83,472,000 $ 83,472,000 $ 83,472,000 $ 87,616,000