XML 12 R54.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
segment
Jun. 30, 2014
USD ($)
Financial information of the segments        
Number of reportable segments | segment     3  
Revenues        
Premium income $ 74,717 $ 62,496 $ 220,420 $ 194,350
Fee income 237,501 172,005 462,778 338,518
Other revenue 1,820 0 3,640 0
Net investment income 220,169 319,610 579,025 619,633
Realized investment gains (losses), net 15,859 37,056 34,059 63,965
Total revenues 550,066 591,167 1,299,922 1,216,466
Benefits and expenses:        
Policyholder benefits 272,319 262,696 599,990 569,075
Operating expenses 288,441 213,338 560,116 387,154
Total benefits and expenses 560,760 476,034 1,160,106 956,229
Income (loss) before income taxes (10,694) 115,133 139,816 260,237
Income tax (benefit) expense (3,679) 40,180 48,218 90,534
Net (loss) income (7,015) 74,953 91,598 169,703
Individual Markets        
Revenues        
Premium income 51,253 37,461 176,215 150,239
Fee income 24,967 26,938 46,469 50,567
Other revenue 0   0  
Net investment income 155,658 187,044 373,311 372,564
Realized investment gains (losses), net 3,552 9,987 11,952 16,723
Total revenues 235,430 261,430 607,947 590,093
Benefits and expenses:        
Policyholder benefits 198,590 178,712 454,914 417,708
Operating expenses 31,424 42,091 67,363 77,431
Total benefits and expenses 230,014 220,803 522,277 495,139
Income (loss) before income taxes 5,416 40,627 85,670 94,954
Income tax (benefit) expense 1,501 13,953 29,724 32,917
Net (loss) income 3,915 26,674 55,946 62,037
Empower Retirement        
Revenues        
Premium income 16 469 16 1,040
Fee income 211,532 144,079 414,353 285,961
Other revenue 1,820   3,640  
Net investment income 51,079 118,778 178,809 219,953
Realized investment gains (losses), net 12,211 27,003 22,011 47,156
Total revenues 276,658 290,329 618,829 554,110
Benefits and expenses:        
Policyholder benefits 47,748 51,520 96,792 100,001
Operating expenses 240,176 155,573 461,206 279,559
Total benefits and expenses 287,924 207,093 557,998 379,560
Income (loss) before income taxes (11,266) 83,236 60,831 174,550
Income tax (benefit) expense (3,614) 29,049 20,766 60,359
Net (loss) income (7,652) 54,187 40,065 114,191
Other        
Revenues        
Premium income 23,448 24,566 44,189 43,071
Fee income 1,002 988 1,956 1,990
Other revenue 0   0  
Net investment income 13,432 13,788 26,905 27,116
Realized investment gains (losses), net 96 66 96 86
Total revenues 37,978 39,408 73,146 72,263
Benefits and expenses:        
Policyholder benefits 25,981 32,464 48,284 51,366
Operating expenses 16,841 15,674 31,547 30,164
Total benefits and expenses 42,822 48,138 79,831 81,530
Income (loss) before income taxes (4,844) (8,730) (6,685) (9,267)
Income tax (benefit) expense (1,566) (2,822) (2,272) (2,742)
Net (loss) income $ (3,278) $ (5,908) $ (4,413) $ (6,525)