XML 12 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
segment
Mar. 31, 2014
Financial information of the segments    
Number of reportable segments 3us-gaap_NumberOfReportableSegments  
Revenues    
Premium income $ 145,703us-gaap_PremiumsEarnedNet $ 131,854us-gaap_PremiumsEarnedNet
Fee income 225,277us-gaap_InsuranceCommissionsAndFees 166,513us-gaap_InsuranceCommissionsAndFees
Other revenue 1,820us-gaap_OtherIncome 0us-gaap_OtherIncome
Net investment income 358,856us-gaap_NetInvestmentIncome 300,023us-gaap_NetInvestmentIncome
Realized investment gains (losses), net 18,200us-gaap_RealizedInvestmentGainsLosses 26,909us-gaap_RealizedInvestmentGainsLosses
Total revenues 749,856us-gaap_Revenues 625,299us-gaap_Revenues
Benefits and expenses:    
Policyholder benefits 327,671gac_BenefitsExpenses 306,379gac_BenefitsExpenses
Operating expenses 271,677us-gaap_OperatingExpenses 173,815us-gaap_OperatingExpenses
Total benefits and expenses 599,348us-gaap_BenefitsLossesAndExpenses 480,194us-gaap_BenefitsLossesAndExpenses
Income (loss) before income taxes 150,508us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 145,105us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 51,896us-gaap_IncomeTaxExpenseBenefit 50,354us-gaap_IncomeTaxExpenseBenefit
Net income 98,612us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 94,751us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Individual Markets    
Revenues    
Premium income 124,962us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
112,777us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Fee income 21,502us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
23,630us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Other revenue 0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Net investment income 217,653us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
185,520us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Realized investment gains (losses), net 8,400us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
6,735us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Total revenues 372,517us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
328,662us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Benefits and expenses:    
Policyholder benefits 256,323gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
238,997gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Operating expenses 35,941us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
35,338us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Total benefits and expenses 292,264us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
274,335us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Income (loss) before income taxes 80,253us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
54,327us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Income tax expense 28,222us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
18,965us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Net income 52,031us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
35,362us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Empower Retirement    
Revenues    
Premium income 0us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
572us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Fee income 202,821us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
141,881us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Other revenue 1,820us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Net investment income 127,730us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
101,174us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Realized investment gains (losses), net 9,800us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
20,154us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Total revenues 342,171us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
263,781us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Benefits and expenses:    
Policyholder benefits 49,045gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
48,480gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Operating expenses 221,030us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
123,986us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Total benefits and expenses 270,075us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
172,466us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Income (loss) before income taxes 72,096us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
91,315us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Income tax expense 24,380us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
31,310us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Net income 47,716us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
60,005us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Other    
Revenues    
Premium income 20,741us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
18,505us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Fee income 954us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
1,002us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Other revenue 0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
 
Net investment income 13,473us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
13,329us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Realized investment gains (losses), net 0us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
20us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Total revenues 35,168us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
32,856us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Benefits and expenses:    
Policyholder benefits 22,303gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
18,902gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Operating expenses 14,706us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
14,491us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Total benefits and expenses 37,009us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
33,393us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Income (loss) before income taxes (1,841)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(537)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Income tax expense (706)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
79us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Net income $ (1,135)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
$ (616)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember