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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Statement of Comprehensive Income [Abstract]        
Net income $ 46,581 $ 40,017 $ 131,237 $ 212,439
Components of other comprehensive income        
Unrealized holding gains (losses), net, arising on available-for-sale fixed maturity investments 39,983 55,849 407,208 895,589
Unrealized holding gains (losses), net, arising on cash flow hedges (23,111) (7,805) (48,311) (3,307)
Reclassification adjustment for (gains) losses, net, realized in net income (2,885) (10,284) (3,242) (61,375)
Net unrealized gains (losses) related to investments 13,987 37,760 355,655 830,907
Future policy benefits, DAC and VOBA adjustments (1,977) (18,214) (85,992) (190,985)
Employee benefit plan adjustment 10,744 2,494 15,036 6,962
Other comprehensive income before income taxes 22,754 22,040 284,699 646,884
Income tax expense related to items of other comprehensive income 7,963 7,715 99,644 226,410
Other comprehensive income (loss) [1] 14,791 14,325 185,055 420,474
Total comprehensive income $ 61,372 $ 54,342 $ 316,292 $ 632,913
[1] Other comprehensive income includes the non-credit component of impaired gains (losses), net, on fixed maturities available-for-sale in the amounts of $(2,258) and $(959) for the three months ended September 30, 2017, and 2016, respectively and $(3,867) and $(5,326) for the nine months ended September 30, 2017, and 2016, respectively.