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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