XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Premium income $ 178,321 $ 128,087
Fee income 155,892 126,943
Other revenue 7,355  
Net investment income 290,402 303,129
Realized investment gains (losses), net:    
Total other-than-temporary impairments (420) (254)
Other-than-temporary impairments transferred to other comprehensive income (loss) (434)  
Other realized investment gains, net 22,351 12,134
Total realized investment gains (losses), net 21,497 11,880
Total revenues 653,467 570,039
Benefits and expenses:    
Life and other policy benefits 145,592 180,908
Increase (decrease) in future policy benefits 45,272 (631)
Interest paid or credited to contractholders 126,931 127,289
Provision for policyholders' share of earnings on participating business 4,979 1,631
Dividends to policyholders 21,852 20,950
Total benefits 344,626 330,147
General insurance expenses 167,422 139,758
Amortization of deferred acquisition costs and value of business acquired 16,097 15,442
Interest expense 9,339 9,339
Total benefits and expenses, net 537,484 494,686
Income before income taxes 115,983 75,353
Income tax expense 41,755 24,360
Net income $ 74,228 $ 50,993