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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Premium income $ 445,550 $ 446,395 $ 464,093
Fee income 944,526 729,179 618,244
Other revenue 13,563 7,506 7,355
Net investment income 1,254,430 1,228,388 1,091,389
Realized investment gains (losses), net:      
Total other-than-temporary losses (1,044) (4,334) (372)
Other-than-temporary (gains) losses transferred to other comprehensive income (78) 0 (434)
Other realized investment gains (losses), net 84,832 151,705 (13,330)
Total realized investment gains (losses), net 83,710 147,371 (14,136)
Total revenues 2,741,779 2,558,839 2,166,945
Benefits and expenses:      
Life and other policy benefits 636,855 643,420 650,584
(Decrease) increase in future policy benefits (41,636) (56,073) 5,575
Interest paid or credited to contractholders 583,319 575,400 505,698
Provision for policyholders’ share of (losses) earnings on participating business (1,267) (1,041) 3,976
Dividends to policyholders 57,356 60,739 66,258
Total benefits 1,234,627 1,222,445 1,232,091
General insurance expenses 1,078,996 780,991 650,347
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization (100,588) (44,846) (59,645)
Amortization and writedowns 100,589 44,845 59,645
Interest expense 38,588 37,286 37,329
Total benefits and expenses 2,452,800 2,085,567 1,979,412
Income (loss) before income taxes 288,979 473,272 187,533
Income tax expense 98,524 155,903 58,791
Net income (loss) $ 190,455 $ 317,369 $ 128,742