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Condensed Consolidated Statements of Income (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Premium income, net of premiums ceded of $3,904, $5,408, $28,705 and $29,644$ 158,688$ 238,547$ 426,879$ 613,905
Fee income120,100112,077363,482332,644
Net investment income287,250295,366867,803863,466
Realized investment gains (losses), net:    
Total other-than-temporary gains (losses)(17,274)(1,093)(18,965)(75,016)
Other-than-temporary losses transferred to other comprehensive income10,004310,00415,707
Other realized investment gains, net18,0127,25228,70825,153
Total realized investment gains (losses), net10,7426,16219,747(34,156)
Total revenues576,780652,1521,677,9111,775,859
Benefits and expenses:    
Life and other policy benefits, net of reinsurance recoveries of $10,715, $10,472, $33,832 and $22,297160,097163,059482,974469,859
Increase (decrease) in future policy benefits34,251117,13241,442238,319
Interest paid or credited to contractholders138,483135,086395,799384,232
Provision for policyholders' share of earnings on participating business7479551,5031,608
Dividends to policyholders14,84616,74250,78353,955
Total benefits348,424432,974972,5011,147,973
General insurance expenses135,993122,330389,422358,617
Amortization of deferred acquisition costs and value of business acquired533,63118,73026,964
Interest expense9,3389,37628,13128,064
Total benefits and expenses, net493,808568,3111,408,7841,561,618
Income from continuing operations before income taxes82,97283,841269,127214,241
Income tax expense26,02416,35682,91562,609
Income from continuing operations56,94867,485186,212151,632
Loss from discontinued operations, net of income tax benefit of $ - , $900, $ - and $900 (1,600) (1,600)
Net income$ 56,948$ 65,885$ 186,212$ 150,032