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FAIR VALUE OF FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Dec. 31, 2017
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     91.60%          
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 52,100,000 $ 19,900,000 138,200,000 $ 30,900,000        
Securities transferred from level 3 to level 2 10,800,000 47,700,000 31,400,000 66,200,000        
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 1,546,772,000 632,943,000 1,546,772,000 632,943,000 $ 1,169,662,000 706,061,000 $ 653,014,000 $ 844,362,000
Financial instruments that are valued using broker quotes 79,400,000   79,400,000     40,400,000    
Level 3 | Annuity account                
Assets and liabilities measured at fair value on a recurring basis                
Level 3 fair value 71,820,000 $ 78,463,000 71,820,000 $ 78,463,000 $ 72,585,000 76,119,000 $ 80,098,000 $ 83,472,000
Asset-backed securities | Level 2                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 10,100,000,000   10,100,000,000          
Asset-backed securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 487,200,000   $ 487,200,000          
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 415,950,000   $ 415,950,000     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 71,300,000   $ 71,300,000     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 425,700,000   425,700,000          
Other asset-backed securities | Level 3 | Trading securities                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 61,500,000   61,500,000          
Corporate bonds and securities | Level 2                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 53,900,000,000   53,900,000,000          
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 69,900,000   69,900,000          
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 1,100,000   $ 1,100,000     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 285,900,000   285,900,000          
Corporate securities | Level 3                
Assets and liabilities measured at fair value on a recurring basis                
Fair value 1,325,112,000   1,325,112,000     631,068,000    
Financial instruments that are valued using broker quotes $ 7,000,000.0   $ 7,000,000.0     $ 13,500,000