XML 74 R63.htm IDEA: XBRL DOCUMENT v3.10.0.1
FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Level 3 Financial Instruments (Details)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
USD ($)
usd_per_policy
Sep. 30, 2018
USD ($)
Sep. 30, 2018
usd_per_policy
Liabilities:        
Fair Value   $ 1,007,572,000 $ 835,447,000  
Level 3 | Other asset-backed securities        
Assets:        
Fair value   504,228,000 502,020,000  
Level 3 | Corporate securities        
Assets:        
Fair value   617,770,000 621,392,000  
Level 3 | Embedded derivative - GLWB        
Liabilities:        
Fair Value   111,760,000 37,794,000  
Level 3 | Embedded derivative - FIA        
Liabilities:        
Fair Value   218,676,000 256,912,000  
Level 3 | Embedded derivative - IUL        
Liabilities:        
Fair Value   $ 80,212,000 95,739,000  
Level 3 | Discounted cash flow | Corporate securities | Minimum        
Liabilities:        
Debt securities, measurement input 0.0090 0.0081    
Level 3 | Discounted cash flow | Corporate securities | Maximum        
Liabilities:        
Debt securities, measurement input 0.0423 0.0395    
Level 3 | Discounted cash flow | Corporate securities | Weighted average        
Liabilities:        
Debt securities, measurement input 0.0151 0.0106    
Level 3 | Actuarial cash flow model | Embedded derivative - FIA        
Liabilities:        
Embedded derivative, measurement input 1.000 146   145
Liquidation value | Level 3 | Liquidation Technique | Other asset-backed securities | Minimum        
Liabilities:        
Debt securities, measurement input, value   $ 90 90  
Liquidation value | Level 3 | Liquidation Technique | Other asset-backed securities | Maximum        
Liabilities:        
Debt securities, measurement input, value   97 97  
Liquidation value | Level 3 | Liquidation Technique | Other asset-backed securities | Weighted average        
Liabilities:        
Debt securities, measurement input, value   $ 94.91 $ 94.92  
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Minimum        
Liabilities:        
Debt securities, measurement input 0.0000 0.0006    
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Maximum        
Liabilities:        
Debt securities, measurement input 0.0140 0.0117    
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Weighted average        
Liabilities:        
Debt securities, measurement input 0.0062 0.0075    
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Minimum        
Liabilities:        
Debt securities, measurement input 0.1109 0.1131    
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Maximum        
Liabilities:        
Debt securities, measurement input 0.1315 0.1197    
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Weighted average        
Liabilities:        
Debt securities, measurement input 0.1238 0.1154    
Mortality | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.87 0.911    
Mortality | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Maximum        
Liabilities:        
Embedded derivative, measurement input 1.00 1.066    
Mortality | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.37 0.34    
Mortality | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum        
Liabilities:        
Embedded derivative, measurement input 5.77 1.52    
Lapse | Minimum        
Liabilities:        
Embedded derivative, measurement input   0.010    
Lapse | Maximum        
Liabilities:        
Embedded derivative, measurement input   0.300    
Lapse | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.010 0.010    
Lapse | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum        
Liabilities:        
Embedded derivative, measurement input 0.300 0.300    
Lapse | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.005 0.005    
Lapse | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum        
Liabilities:        
Embedded derivative, measurement input 0.100 0.100    
Utilization | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB        
Liabilities:        
Embedded derivative, measurement input 0.99 0.99    
Policies that have a one-time over-utilization rate of a specified amount 10.00% 10.00%    
Specified level of one-time over-utilization 400.00% 400.00%    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.0013 0.0011    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Maximum        
Liabilities:        
Embedded derivative, measurement input 0.0088 0.0079    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.0013 0.0011    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum        
Liabilities:        
Embedded derivative, measurement input 0.3000 0.0079    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum        
Liabilities:        
Embedded derivative, measurement input 0.0013 0.0011    
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum        
Liabilities:        
Embedded derivative, measurement input 0.0088 0.0079    
Withdrawal rate, prior to age 70 | Level 3 | Actuarial cash flow model | Embedded derivative - FIA        
Liabilities:        
Embedded derivative, measurement input 0.015 0.015    
Withdrawal rate | Level 3 | Actuarial cash flow model | Embedded derivative - FIA        
Liabilities:        
Embedded derivative, measurement input   1.00