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FAIR VALUE OF FINANCIAL INSTRUMENTS - Additional Information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Assets and liabilities measured at fair value on a recurring basis                
Number of sources of information considered     1          
Number of sources of information     3          
Minimum percentage of the Company's fixed maturity securities priced by third party pricing services     91.80%          
Number of broker quotes obtained per security     2          
Percentage of derivatives excluding embedded derivatives that were priced using exchange prices or independent broker quotations     100.00%          
Financial instruments with book value approximating fair value $ 68,700,000   $ 68,700,000     $ 63,600,000    
Transfers into Level 3 50,100,000 $ 11,100,000 86,100,000 $ 11,100,000        
Securities transferred from level 3 to level 2 1,600,000 18,600,000 20,600,000 18,600,000        
Transfers from Level 2 to Level 1 0 0 0 0        
Transfers from Level 1 0 0 0 0        
Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Level 3 fair value 1,169,662,000 653,014,000 1,169,662,000 653,014,000 $ 872,504,000 706,061,000 $ 702,501,000 $ 844,362,000
Financial instruments that are valued using broker quotes 77,900,000   77,900,000     40,400,000    
Level 3 | Annuity account                
Assets and liabilities measured at fair value on a recurring basis                
Level 3 fair value 72,585,000 $ 80,098,000 72,585,000 $ 80,098,000 $ 74,613,000 76,119,000 $ 81,399,000 $ 83,472,000
Asset-backed securities | Level 2                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 9,200,000,000   9,200,000,000          
Asset-backed securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 489,900,000   $ 489,900,000          
Other asset-backed securities                
Assets and liabilities measured at fair value on a recurring basis                
Percentage of underlying collateral of student-loan backed auction rate securities guaranteed by the Federal Family Education Loan Program (FFELP), minimum     97.00%          
Other asset-backed securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 418,178,000   $ 418,178,000     421,458,000    
Percentage of underlying collateral of student-loan backed auction rate securities guaranteed by the Federal Family Education Loan Program (FFELP), minimum     97.00%          
Financial instruments that are valued using broker quotes 71,700,000   $ 71,700,000     26,200,000    
Other asset-backed securities | Level 3 | Available-for-sale securities                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 427,700,000   427,700,000          
Other asset-backed securities | Level 3 | Trading securities                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 62,200,000   62,200,000          
Corporate bonds and securities | Level 2                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 52,700,000,000   52,700,000,000          
Corporate bonds and securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 1,300,000,000   1,300,000,000          
Equity securities                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 69,700,000   69,700,000          
Federal Home Loan Bank (FHLB) stock 68,500,000   68,500,000          
Equity securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Financial instruments that are valued using broker quotes 900,000   $ 900,000     700,000    
Embedded derivative - GLWB | Minimum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     87.00%          
Embedded derivative - GLWB | Maximum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     100.00%          
Embedded derivative - FIA | Minimum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     87.00%          
Embedded derivative - FIA | Maximum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     100.00%          
Embedded derivative - IUL | Minimum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     37.00%          
Embedded derivative - IUL | Maximum                
Assets and liabilities measured at fair value on a recurring basis                
Mortality (as a percent)     577.00%          
Embedded derivative - Modified coinsurance agreements                
Assets and liabilities measured at fair value on a recurring basis                
Statutory policy liabilities (net of policy loans) 3,500,000,000   $ 3,500,000,000          
Embedded derivative - Modified coinsurance agreements | Trading securities                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 210,500,000   210,500,000          
Corporate securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 1,328,490,000   1,328,490,000     631,068,000    
Financial instruments that are valued using broker quotes $ 5,300,000   $ 5,300,000     $ 13,500,000