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Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Summary of financial information related to segments
The following tables summarize segment financial information:
 
 
 
Year Ended December 31, 2016
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
379,127

 
$
1,853

 
$
84,369

 
$
465,349

Fee income
 
99,514

 
851,620

 
5,683

 
956,817

Other revenue
 

 
12,261

 

 
12,261

Net investment income
 
798,557

 
428,327

 
49,675

 
1,276,559

Realized investments gains (losses), net
 
40,899

 
51,209

 
774

 
92,882

Total revenues
 
1,318,097

 
1,345,270

 
140,501

 
2,803,868

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
969,182

 
206,143

 
65,698

 
1,241,023

Operating expenses
 
175,016

 
1,002,129

 
69,096

 
1,246,241

Total benefits and expenses
 
1,144,198

 
1,208,272

 
134,794

 
2,487,264

Income before income taxes
 
173,899

 
136,998

 
5,707

 
316,604

Income tax expense
 
58,601

 
25,144

 
1,767

 
85,512

Net income
 
$
115,298

 
$
111,854

 
$
3,940

 
$
231,092


 
 
 
December 31, 2016
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Assets:
 
 

 
 

 
 

 
 

Investments
 
$
16,770,772

 
$
12,195,748

 
$
1,634,330

 
$
30,600,850

Other assets
 
1,453,717

 
1,057,148

 
141,666

 
2,652,531

Separate account assets
 
7,521,475

 
19,516,290

 

 
27,037,765

Assets of continuing operations
 
$
25,745,964

 
$
32,769,186

 
$
1,775,996

 
60,291,146

Assets of discontinued operations
 
 

 
 

 
 

 
17,652

Total assets
 
 

 
 

 
 

 
$
60,308,798

  
 
 
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