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Condensed Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Premium income $ 66,357 $ 75,391 $ 244,678 $ 203,478
Fee income 163,331 135,160 319,223 262,103
Other revenue     7,355  
Net investment income 299,179 299,792 589,581 602,921
Realized investment gains (losses), net:        
Total other-than-temporary impairments 359   (61) (254)
Other-than-temporary impairments transferred to other comprehensive income (loss)     (434)  
Other realized investment gains, net (1,353) 24,919 20,998 37,053
Total realized investment gains (losses), net (994) 24,919 20,503 36,799
Total revenues 527,873 535,262 1,181,340 1,105,301
Benefits and expenses:        
Life and other policy benefits 164,044 179,545 309,636 360,454
Increase (decrease) in future policy benefits (32,985) (57,657) 12,286 (58,288)
Interest paid or credited to contractholders 121,796 130,400 248,727 257,689
Provision for policyholders' share of earnings on participating business (483) 558 4,496 2,188
Dividends to policyholders 12,868 11,775 34,720 32,725
Total benefits, net 265,240 264,621 609,865 594,768
General insurance expenses 172,728 151,858 340,152 291,615
Amortization of deferred acquisition costs and value of business acquired 16,783 15,789 32,881 31,231
Interest expense 9,335 9,351 18,673 18,690
Total benefits and expenses, net 464,086 441,619 1,001,571 936,304
Income before income taxes 63,787 93,643 179,769 168,997
Income tax expense 20,374 32,595 62,129 56,955
Net income $ 43,413 $ 61,048 $ 117,640 $ 112,042