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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Fixed maturities, at fair value (amortized cost: 2018 - $53,634,144; 2017 - $41,153,551) $ 51,751,205 $ 41,176,052
Fixed maturities, at amortized cost (fair value: 2018 - $2,582,938; 2017 - $2,776,327) 2,677,726 2,718,904
Equity securities, at fair value (cost: 2018 - $675,527; 2017 - $740,813) 680,232 754,360
Mortgage loans (related to securitizations: 2018 - $918; 2017 - $226,409) 7,516,192 6,817,723
Investment real estate, net of accumulated depreciation (2018 - $186; 2017 - $132) 7,179 8,355
Policy loans 1,721,743 1,615,615
Other long-term investments 939,220 915,595
Short-term investments 709,703 615,210
Total investments 66,003,200 54,621,814
Cash 190,732 252,310
Accrued investment income 632,574 491,802
Accounts and premiums receivable 171,415 124,934
Reinsurance receivables 4,964,793 5,075,698
Deferred policy acquisition costs and value of business acquired 2,870,620 2,199,577
Goodwill 793,470 793,470
Other intangibles, net of accumulated amortization (2018 - $168,852; 2017 - $140,368) 639,538 663,572
Property and equipment, net of accumulated depreciation (2018 - $28,055; 2017 - $22,926) 107,586 111,417
Other assets 199,224 227,357
Income tax receivable 0 76,543
Assets related to separate accounts    
Variable annuity 13,414,407 13,956,071
Variable universal life 1,037,754 1,035,202
Total assets 91,025,313 79,629,767
Liabilities    
Future policy benefits and claims 42,175,692 30,957,592
Unearned premiums 869,854 875,405
Total policy liabilities and accruals 43,045,546 31,832,997
Stable value product account balances 5,025,930 4,698,371
Annuity account balances 13,303,399 10,921,190
Other policyholders’ funds 1,161,767 1,267,198
Other liabilities 2,535,106 2,353,565
Income tax payable 26,549 0
Deferred income taxes 936,045 1,232,407
Non-recourse funding obligations 2,675,432 2,747,477
Secured financing liabilities 104,539 1,017,749
Debt 1,109,049 945,052
Subordinated debt 605,358 495,289
Liabilities related to separate accounts    
Variable annuity 13,414,407 13,956,071
Variable universal life 1,037,754 1,035,202
Total liabilities 84,980,881 72,502,568
Commitments and contingencies - Note 12
Shareowner’s equity    
Common Stock: 2018 and 2017 - $0.01 par value; shares authorized: 5,000; shares issued: 1,000 0 0
Additional paid-in-capital 5,554,059 5,554,059
Retained earnings 1,494,078 1,560,444
Accumulated other comprehensive income (loss):    
Net unrealized (losses) gains on investments, net of income tax: (2018 - $(264,124); 2017 - $6,883) (993,609) 25,896
Net unrealized losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2018 - $0; 2017 - $(6)) 0 (22)
Accumulated gain (loss) - derivatives, net of income tax: (2018 - $1,018; 2017 - $198) 3,829 747
Postretirement benefits liability adjustment, net of income tax: (2018 - $(3,469); 2017 - $(3,469)) (13,925) (13,925)
Total shareowner’s equity 6,044,432 7,127,199
Total liabilities and shareowner’s equity $ 91,025,313 $ 79,629,767