XML 12 R54.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
segment
Sep. 30, 2014
USD ($)
Financial information of the segments        
Number of reportable segments | segment     3  
Revenues        
Premium income $ 154,017 $ 169,543 $ 374,437 $ 363,893
Fee income 225,242 181,991 688,020 520,509
Other revenue 1,820 0 5,460 0
Net investment income 363,057 292,061 942,082 911,694
Realized investment gains (losses), net 22,551 23,530 56,610 87,495
Total revenues 766,687 667,125 2,066,609 1,883,591
Benefits and expenses:        
Policyholder benefits 357,614 361,991 957,603 931,067
Operating expenses 310,792 214,843 870,908 601,995
Total benefits and expenses 668,406 576,834 1,828,511 1,533,062
Income (loss) before income taxes 98,281 90,291 238,098 350,529
Income tax expense 30,708 29,790 78,926 120,324
Net income 67,573 60,501 159,172 230,205
Individual Markets        
Revenues        
Premium income 132,761 151,831 308,976 302,070
Fee income 19,745 20,781 66,214 71,349
Other revenue 0   0  
Net investment income 222,445 181,944 595,757 554,508
Realized investment gains (losses), net 8,304 9,458 20,256 26,182
Total revenues 383,255 364,014 991,203 954,109
Benefits and expenses:        
Policyholder benefits 270,614 282,985 725,526 700,694
Operating expenses 49,407 46,463 116,770 123,892
Total benefits and expenses 320,021 329,448 842,296 824,586
Income (loss) before income taxes 63,234 34,566 148,907 129,523
Income tax expense 21,539 11,598 51,262 44,516
Net income 41,695 22,968 97,645 85,007
Empower Retirement        
Revenues        
Premium income 477 173 493 1,213
Fee income 204,488 160,241 618,841 446,201
Other revenue 1,820   5,460  
Net investment income 127,160 96,771 305,969 316,724
Realized investment gains (losses), net 14,247 13,777 36,257 60,933
Total revenues 348,192 270,962 967,020 825,071
Benefits and expenses:        
Policyholder benefits 54,401 51,396 151,194 151,397
Operating expenses 242,841 153,970 704,047 433,529
Total benefits and expenses 297,242 205,366 855,241 584,926
Income (loss) before income taxes 50,950 65,596 111,779 240,145
Income tax expense 14,884 21,912 35,651 82,271
Net income 36,066 43,684 76,128 157,874
Other        
Revenues        
Premium income 20,779 17,539 64,968 60,610
Fee income 1,009 969 2,965 2,959
Other revenue 0   0  
Net investment income 13,452 13,346 40,356 40,462
Realized investment gains (losses), net 0 295 97 380
Total revenues 35,240 32,149 108,386 104,411
Benefits and expenses:        
Policyholder benefits 32,599 27,610 80,883 78,976
Operating expenses 18,544 14,410 50,091 44,574
Total benefits and expenses 51,143 42,020 130,974 123,550
Income (loss) before income taxes (15,903) (9,871) (22,588) (19,139)
Income tax expense (5,715) (3,720) (7,987) (6,463)
Net income $ (10,188) $ (6,151) $ (14,601) $ (12,676)