13.ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive income (loss) (“AOCI”) as of September 30, 2015 (Successor Company), January 31, 2015 (Predecessor Company) and December 31, 2014 (Predecessor Company).

Changes in Accumulated Other Comprehensive Income (Loss) by Component

							Total
							Accumulated
	Unrealized			Accumulated			Other
	Gains and Losses			Gain and Loss			Comprehensive
Successor Company	on Investments(2)			Derivatives			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Beginning Balance, February 1, 2015	$	—		$	—		$	—
Other comprehensive income (loss) before reclassifications	(941,473		)	(86		)	(941,559		)
Other comprehensive income (loss) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings	(3,115		)	—			(3,115		)
Amounts reclassified from accumulated other comprehensive income (loss)(1)	8,657			86			8,743

Net current-period other comprehensive income (loss)	(935,931		)	—			(935,931		)

Ending Balance, September 30, 2015	$	(935,931	)	$	—		$	(935,931	)

(1) See Reclassification table below for details.

(2) As of September 30, 2015 net unrealized losses reported in AOCI were offset by $506.9 million due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

Changes in Accumulated Other Comprehensive Income (Loss) by Component

										Total
										Accumulated
	Unrealized			Accumulated			Minimum			Other
	Gains and Losses			Gain and Loss			Pension Liability			Comprehensive
Predecessor Company	on Investments(2)			Derivatives			Adjustment			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Beginning Balance, December 31, 2014	$	1,484,169		$	(82	)	$	(66,011	)	$	1,418,076
Other comprehensive income (loss) before reclassifications	482,370			9			(12,527		)	469,852
Other comprehensive income (loss) relating to other- than-temporary impaired investments for which a portion has been recognized in earnings	(243		)	—			—			(243		)
Amounts reclassified from accumulated other comprehensive income (loss)(1)	(4,166		)	23			502			(3,641		)

Net current-period other comprehensive income (loss)	477,961			32			(12,025		)	465,968

Ending Balance, January 31, 2015	$	1,962,130		$	(50	)	$	(78,036	)	$	1,884,044

(1) See Reclassification table below for details.

(2) As of January 31, 2015 and December 31, 2014, net unrealized losses reported in AOCI were offset by $(492.6) million and $(504.4) million, respectively, due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

Changes in Accumulated Other Comprehensive Income (Loss) by Component

										Total
										Accumulated
	Unrealized			Accumulated			Minimum			Other
	Gains and Losses			Gain and Loss			Pension Liability			Comprehensive
Predecessor Company	on Investments(2)			Derivatives			Adjustment			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Beginning Balance, December 31, 2013	$	539,003		$	(1,235	)	$	(43,702	)	$	494,066
Other comprehensive income (loss) before reclassifications	986,958			(2		)	(27,395		)	959,561
Other comprehensive income (loss) relating to other- than-temporary impaired investments for which a portion has been recognized in earnings	3,498			—			—			3,498
Amounts reclassified from accumulated other comprehensive income (loss)(1)	(45,290		)	1,155			5,086			(39,049		)

Net current-period other comprehensive income (loss)	945,166			1,153			(22,309		)	924,010

Ending Balance, December 31, 2014	$	1,484,169		$	(82	)	$	(66,011	)	$	1,418,076

(1) See Reclassification table below for details.

(2) As of December 31, 2014 and 2013, net unrealized losses reported in AOCI were offset by $(504.4) million and $(189.8) million,

respectively, due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

The following tables summarize the reclassifications amounts out of AOCI for the three months ended September 30, 2015 (Successor Company), the period of February 1, 2015 to September 30, 2015 (Successor Company), the period of January 1, 2015 to January 31, 2015 (Predecessor Company), and for the three and nine months ended September 30, 2014 (Predecessor Company).

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
Successor Company	Other Comprehensive			Affected Line Item in the
For The Three Months Ended September 30, 2015	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	(1,253	)	Realized investment gains (losses): All other investments
Impairments recognized in earnings	(10,064		)	Net impairment losses recognized in earnings

	(11,317		)	Total before tax
	3,961			Tax (expense) or benefit

	$	(7,356	)	Net of tax

(1) See Note 17, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
Successor Company	Other Comprehensive			Affected Line Item in the
February 1, 2015 to September 30, 2015	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(131	)	Benefits and settlement expenses, net of reinsurance ceded

	(131		)	Total before tax
	45			Tax (expense) or benefit

	$	(86	)	Net of tax


Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	2,480		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(15,798		)	Net impairment losses recognized in earnings

	(13,318		)	Total before tax
	4,661			Tax (expense) or benefit

	$	(8,657	)	Net of tax

(1) See Note 17, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
Predecessor Company	Other Comprehensive			Affected Line Item in the
January 1, 2015 to January 31, 2015	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(36	)	Benefits and settlement expenses, net of reinsurance ceded

	(36		)	Total before tax
	13			Tax (expense) or benefit

	$	(23	)	Net of tax


Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	6,891		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(481		)	Net impairment losses recognized in earnings

	6,410			Total before tax
	(2,244		)	Tax (expense) or benefit

	$	4,166		Net of tax


Postretirement benefits liability adjustment
Amortization of net actuarial gain/(loss)	$	(808	)	Other operating expenses
Amortization of prior service credit/(cost)	31			Other operating expenses
Amortization of transition asset/(obligation)	5			Other operating expenses

	(772		)	Total before tax
	270			Tax (expense) or benefit

	$	(502	)	Net of tax

(1) See Note 17, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
Predecessor Company	Other Comprehensive			Affected Line Item in the
For The Three Months Ended September 30, 2014	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(293	)	Benefits and settlement expenses, net of reinsurance ceded


	(293		)	Total before tax
	103			Tax (expense) or benefit


	$	(190	)	Net of tax



Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	23,627		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(2,354		)	Net impairment losses recognized in earnings


	21,273			Total before tax
	(7,446		)	Tax (expense) or benefit


	$	13,827		Net of tax



Postretirement benefits liability adjustment
Amortization of net actuarial gain/(loss)	$	(1,900	)	Other operating expenses
Amortization of prior service credit/(cost)	95			Other operating expenses


	(1,805		)	Total before tax
	632			Tax (expense) or benefit


	$	(1,173	)	Net of tax

(1) See Note 17, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
Predecessor Company	Other Comprehensive			Affected Line Item in the
For The Nine Months Ended September 30, 2014	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(1,577	)	Benefits and settlement expenses, net of reinsurance ceded

	(1,577		)	Total before tax
	552			Tax (expense) or benefit

	$	(1,025	)	Net of tax


Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	51,195		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(5,405		)	Net impairment losses recognized in earnings

	45,790			Total before tax
	(16,027		)	Tax (expense) or benefit

	$	29,763		Net of tax


Postretirement benefits liability adjustment
Amortization of net actuarial gain/(loss)	$	(5,700	)	Other operating expenses
Amortization of prior service credit/(cost)	285			Other operating expenses

	(5,415		)	Total before tax
	1,895			Tax (expense) or benefit

	$	(3,520	)	Net of tax

(1) See Note 17, Derivative Financial Instruments for additional information.