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Guaranteed Benefit Features (Tables)
3 Months Ended
Mar. 31, 2017
Guaranteed Benefit Features [Abstract]  
Information On Guaranteed Death Benefit Features



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



As of

 

As of

 



March 31,

 

December 31,

 



2017 (1)

 

 

2016 (1)

 

 

Return of Net Deposits

 

 

 

 

 

 

 

 

Total account value

$

90,582 

 

 

$

87,707 

 

 

Net amount at risk (2)

 

348 

 

 

 

824 

 

 

Average attained age of contract holders

 

63 years

 

 

 

63 years

 

 



 

 

 

 

 

 

 

 

Minimum Return

 

 

 

 

 

 

 

 

Total account value

$

106 

 

 

$

105 

 

 

Net amount at risk (2)

 

20 

 

 

 

22 

 

 

Average attained age of contract holders

 

75 years

 

 

 

75 years

 

 

Guaranteed minimum return

 

5% 

 

 

 

5% 

 

 



 

 

 

 

 

 

 

 

Anniversary Contract Value

 

 

 

 

 

 

 

 

Total account value

$

25,359 

 

 

$

24,605 

 

 

Net amount at risk (2)

 

553 

 

 

 

782 

 

 

Average attained age of contract holders

 

70 years

 

 

 

69 years

 

 



(1)

Our variable contracts with guarantees may offer more than one type of guarantee in each contract; therefore, the amounts listed are not mutually exclusive.

(2)

Represents the amount of death benefit in excess of the account balance that is subject to market fluctuations.

Summary Of Guaranteed Death Benefit Liabilities



 

 

 

 

 

 

 



 

 

 

 

 

 

 



For the Three

 

 



Months Ended

 

 



March 31,

 

 



2017

 

2016

 

 

Balance as of beginning-of-year

$

110

 

$

115

 

 

Changes in reserves

 

(5

)

 

15

 

 

Benefits paid

 

(6

)

 

(14

)

 

Balance as of end-of-period

$

99

 

$

116

 

 



Account Balances Of Variable Annuity Contracts With Guarantees Invested In Separate Accounts



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



As of

 

 

As of

 

 



March 31,

December 31,

 



2017

 

 

2016

 

 

Asset Type

 

 

 

 

 

 

 

 

Domestic equity

$

54,433 

 

 

$

52,244 

 

 

International equity

 

18,131 

 

 

 

17,396 

 

 

Bonds

 

27,564 

 

 

 

27,532 

 

 

Money market

 

12,992 

 

 

 

12,010 

 

 

Total

$

113,120 

 

 

$

109,182 

 

 



 

 

 

 

 

 

 

 

Percent of total variable annuity

 

 

 

 

 

 

 

 

separate account values

 

99% 

 

 

 

99%