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Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Summary of financial information related to segments
The following tables summarize segment financial information:
 
 
 
Year Ended December 31, 2015
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
360,783

 
$
533

 
$
84,234

 
$
445,550

Fee income
 
87,471

 
853,076

 
3,979

 
944,526

Other revenue
 
—

 
13,563

 
—

 
13,563

Net investment income
 
801,935

 
398,639

 
53,856

 
1,254,430

Realized investments gains (losses), net
 
28,864

 
54,752

 
94

 
83,710

Total revenues
 
1,279,053

 
1,320,563

 
142,163

 
2,741,779

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
931,631

 
201,791

 
101,205

 
1,234,627

Operating expenses
 
159,719

 
992,564

 
65,890

 
1,218,173

Total benefits and expenses
 
1,091,350

 
1,194,355

 
167,095

 
2,452,800

Income (loss) before income taxes
 
187,703

 
126,208

 
(24,932
)
 
288,979

Income tax expense (benefit)
 
64,360

 
43,058

 
(8,894
)
 
98,524

Net income (loss)
 
$
123,343

 
$
83,150

 
$
(16,038
)
 
$
190,455

 
 
 
December 31, 2015
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Assets:
 
 

 
 

 
 

 
 

Investments
 
$
16,074,681

 
$
10,966,096

 
$
1,770,249

 
$
28,811,026

Other assets
 
1,358,934

 
927,061

 
149,655

 
2,435,650

Separate account assets
 
7,031,013

 
19,600,180

 
—

 
26,631,193

Assets of continuing operations
 
$
24,464,628

 
$
31,493,337

 
$
1,919,904

 
57,877,869

Assets of discontinued operations
 
 

 
 

 
 

 
21,910

Total assets
 
 

 
 

 
 

 
$
57,899,779

  
 
 
Year Ended December 31, 2014
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
360,305

 
$
1,215

 
$
84,875

 
$
446,395

Fee income
 
95,631

 
629,533

 
4,015

 
729,179

Other revenue
 
—

 
7,506

 
—

 
7,506

Net investment income
 
748,015

 
426,340

 
54,033

 
1,228,388

Realized investments gains (losses), net
 
44,381

 
102,597

 
393

 
147,371

Total revenues
 
1,248,332

 
1,167,191

 
143,316

 
2,558,839

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
902,982

 
206,339

 
113,124

 
1,222,445

Operating expenses
 
136,850

 
647,165

 
79,107

 
863,122

Total benefits and expenses
 
1,039,832

 
853,504

 
192,231

 
2,085,567

Income (loss) before income taxes
 
208,500

 
313,687

 
(48,915
)
 
473,272

Income tax expense (benefit)
 
68,719

 
104,162

 
(16,978
)
 
155,903

Net income (loss)
 
$
139,781

 
$
209,525

 
$
(31,937
)
 
$
317,369

 
 
 
December 31, 2014
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Assets:
 
 

 
 

 
 

 
 

Investments
 
$
15,928,591

 
$
10,621,831

 
$
1,772,821

 
$
28,323,243

Other assets
 
1,283,256

 
855,728

 
142,824

 
2,281,808

Separate account assets
 
7,247,463

 
20,471,381

 
—

 
27,718,844

Assets of continuing operations
 
$
24,459,310

 
$
31,948,940

 
$
1,915,645

 
58,323,895

Assets of discontinued operations
 
 

 
 

 
 

 
24,324

Total assets
 
 

 
 

 
 

 
$
58,348,219

 
 
 
Year Ended December 31, 2013
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
354,202

 
$
3,954

 
$
105,937

 
$
464,093

Fee income
 
94,037

 
519,842

 
4,365

 
618,244

Other revenue
 
7,355

 
—

 
—

 
7,355

Net investment income
 
688,279

 
351,729

 
51,381

 
1,091,389

Realized investments gains (losses), net
 
19,071

 
(33,233
)
 
26

 
(14,136
)
Total revenues
 
1,162,944

 
842,292

 
161,709

 
2,166,945

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
921,096

 
196,115

 
114,880

 
1,232,091

Operating expenses
 
142,141

 
538,209

 
66,971

 
747,321

Total benefits and expenses
 
1,063,237

 
734,324

 
181,851

 
1,979,412

Income (loss) before income taxes
 
99,707

 
107,968

 
(20,142
)
 
187,533

Income tax expense
 
34,265

 
33,240

 
(8,714
)
 
58,791

Net income (loss)
 
$
65,442

 
$
74,728

 
$
(11,428
)
 
$
128,742