Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2015

Deferred Policy Acquisition Costs Disclosures [Abstract]

Schedule Of Deferred Acquisition Costs Table

The balances of and changes in DAC as of and for the years ended December 31, were as follows:

	2015			2014			2013
	(in thousands)
Balance, beginning of year	$	5,066,855		$	5,034,299		$	3,679,061
Capitalization of commissions, sales and issue expenses	616,002			626,718			822,075
Amortization-Impact of assumption and experience unlocking and true-ups	108,563			272,385			(9,167		)
Amortization-All other	(771,207		)	(708,554		)	533,478
Change in unrealized investment gains and losses	91,160			(67,056		)	167,880
Ceded DAC upon Coinsurance Treaty with PAR U and PURC (See Note 12)	—			(90,937		)	(159,028		)
Balance, end of year	$	5,111,373		$	5,066,855		$	5,034,299