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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Fixed maturities, at fair value (amortized cost: 2019 - $63,659,719; 2018 - $54,466,305) $ 66,680,596 $ 51,904,699
Fixed maturities, at amortized cost (fair value: 2019 - $2,685,076; 2018 - $2,547,210) 2,544,054 2,633,474
Equity securities, at fair value (cost: 2019 - $604,474; 2018 - $627,087) 619,341 595,884
Mortgage loans (related to securitizations: 2019 - $—; 2018 - $134) 9,327,911 7,724,733
Investment real estate, net of accumulated depreciation (2019 - $350; 2018 - $251) 7,274 6,816
Policy loans 1,686,832 1,695,886
Other long-term investments 1,149,755 759,354
Short-term investments 1,597,919 807,283
Total investments 83,613,682 66,128,129
Cash 293,299 173,714
Accrued investment income 737,549 634,921
Accounts and premiums receivable 120,779 113,507
Reinsurance receivables 4,477,663 4,764,743
Deferred policy acquisition costs and value of business acquired 3,424,874 3,023,154
Goodwill 825,511 825,511
Other intangibles, net of accumulated amortization (2019 - $239,846; 2018 - $197,583) 596,336 613,431
Property and equipment, net of accumulated depreciation (2019 - $44,346; 2018 - $33,199) 214,425 184,957
Other assets 1,849,949 250,036
Income tax receivable 40,363 0
Assets related to separate accounts:    
Variable annuity 12,542,212 12,288,919
Variable universal life 1,066,999 937,732
Reinsurance assumed 9,947,404 0
Total assets 119,751,045 89,938,754
Liabilities    
Future policy benefits and claims 53,892,978 41,901,552
Unearned premiums 887,079 872,594
Total policy liabilities and accruals 54,780,057 42,774,146
Stable value product account balances 5,450,981 5,234,731
Annuity account balances 14,181,458 13,720,081
Other policyholders’ funds 1,622,475 1,128,379
Other liabilities 3,884,452 2,374,112
Income tax payable 0 38,547
Deferred income taxes 1,411,539 839,316
Non-recourse funding obligations 2,545,049 2,632,497
Secured financing liabilities 352,732 495,307
Debt 2,069,224 1,101,827
Subordinated debt 605,528 605,426
Liabilities related to separate accounts:    
Variable annuity 12,542,212 12,288,919
Variable universal life 1,066,999 937,732
Reinsurance assumed 9,947,404 0
Total liabilities 110,460,110 84,171,020
Commitments and contingencies
Shareowner’s equity    
Common Stock: 2019 and 2018 - $0.01 par value; shares authorized: 5,000; shares issued: 1,000 0 0
Additional paid-in-capital 5,804,059 5,554,059
Retained earnings 1,935,654 1,639,441
Accumulated other comprehensive income (loss):    
Net unrealized (losses) gains on investments, net of income tax: (2019 - $423,248; 2018 - $(368,830)) 1,592,217 (1,387,504)
Net unrealized losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2019 - $(4,908); 2018 - $(6,054)) (18,465) (22,773)
Accumulated gain (loss) - derivatives, net of income tax: (2019 - $(1,873); 2018 - $(2)) (7,048) (7)
Postretirement benefits liability adjustment, net of income tax: (2019 - $(4,112); 2018 - $(4,112)) (15,482) (15,482)
Total shareowner’s equity 9,290,935 5,767,734
Total liabilities and shareowner’s equity $ 119,751,045 $ 89,938,754