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Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Summary of financial information related to segments
The following tables summarize segment financial information:
 
 
Three Months Ended March 31, 2017
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
131,559

 
$
91

 
$
20,591

 
$
152,241

Fee income
 
25,981

 
227,320

 
1,815

 
255,116

Other revenue
 

 
2,384

 

 
2,384

Net investment income
 
184,205

 
117,620

 
11,646

 
313,471

Realized investment gains (losses), net
 
584

 
(12,316
)
 
(22
)
 
(11,754
)
Total revenues
 
342,329

 
335,099

 
34,030

 
711,458

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
270,088

 
47,629

 
21,711

 
339,428

Operating expenses
 
38,386

 
255,764

 
25,933

 
320,083

Total benefits and expenses
 
308,474

 
303,393

 
47,644

 
659,511

Income (loss) before income taxes
 
33,855

 
31,706

 
(13,614
)
 
51,947

Income tax expense (benefit)
 
11,650

 
10,426

 
(4,959
)
 
17,117

Net income (loss)
 
$
22,205

 
$
21,280

 
$
(8,655
)
 
$
34,830

 
 
 
Three Months Ended March 31, 2016
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
133,286

 
$
346

 
$
21,295

 
$
154,927

Fee income
 
22,724

 
200,923

 
1,420

 
225,067

Other revenue
 

 
3,149

 

 
3,149

Net investment income
 
207,693

 
110,534

 
13,558

 
331,785

Realized investment gains (losses), net
 
11,806

 
19,471

 
(7
)
 
31,270

Total revenues
 
375,509

 
334,423

 
36,266

 
746,198

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
267,497

 
49,917

 
19,329

 
336,743

Operating expenses
 
37,223

 
231,640

 
17,928

 
286,791

Total benefits and expenses
 
304,720

 
281,557

 
37,257

 
623,534

Income (loss) before income taxes
 
70,789

 
52,866

 
(991
)
 
122,664

Income tax expense (benefit)
 
23,834

 
651

 
(447
)
 
24,038

Net income (loss)
 
$
46,955

 
$
52,215

 
$
(544
)
 
$
98,626