XML 112 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
SIGNIFICANT ACQUISITIONS (Details) (USD $)
12 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
United Investors
Dec. 31, 2010
United Investors
PLICO
Dec. 31, 2011
Liberty Life
Apr. 29, 2011
Liberty Life
PLICO
Apr. 30, 2011
Liberty Life
PLICO
Athene Life Re
Significant acquisitions              
Aggregate purchase price       $ 363,300,000   $ 225,150,000  
Capital invested           321,000,000  
Investment in surplus note issued by Athene Life Re             40,000,000
ASSETS              
Investments           1,768,297,000  
Cash           35,959,000  
Accrued investment income           154,000  
Accounts and premiums receivable, net           877,000  
Reinsurance receivable           9,511,000  
Value of business acquired           135,876,000  
Other assets           1,000  
Total assets           1,950,675,000  
LIABILITIES              
Policy liabilities and accrual           1,665,294,000  
Annuity account balances           4,420,000  
Other policyholders' funds           24,977,000  
Other liabilities           30,834,000  
Total liabilities           1,725,525,000  
NET ASSETS ACQUIRED       363,300,000   225,150,000  
Pro forma condensed consolidated results of operations              
Revenue 3,648,971,000 3,482,514,000          
Revenue since transaction date     105,900,000   175,900,000    
Net income 316,429,000 272,436,000          
Net income since transaction date     $ 24,300,000   $ 38,200,000    
EPS - basic (in dollars per share) $ 3.71 $ 3.15          
EPS - diluted (in dollars per share) $ 3.66 $ 3.11