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Equity (Tables)
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The balance of and changes in each component of “Accumulated other comprehensive income (loss)” for the three months ended March 31, 2018 and 2017, are as follows:
 
Accumulated Other Comprehensive Income (Loss)
 
Foreign
Currency
Translation
Adjustments
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Pension Unrecognized Net Periodic Benefit (Cost)
 
Total Accumulated
Other
Comprehensive
Income (Loss)
 
(in thousands)
Balance, December 31, 2017
$
(234
)
 
$
165,580

 
$
0

 
$
165,346

Change in OCI before reclassifications
(923
)
 
(145,519
)
 
(22
)
 
(146,464
)
Amounts reclassified from AOCI
0

 
490

 
0

 
490

Income tax benefit (expense)
194

 
30,501

 
5

 
30,700

Cumulative effect of adoption of ASU 2016-01
0

 
(1,539
)
 
0

 
(1,539
)
Cumulative effect of adoption of ASU 2018-02
(50
)
 
30,449

 
0

 
30,399

Balance, March 31, 2018
$
(1,013
)
 
$
79,962

 
$
(17
)
 
$
78,932

 
 
Accumulated Other Comprehensive Income (Loss)
 
Foreign
Currency
Translation
Adjustments
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Pension Unrecognized Net Periodic Benefit (Cost)
 
Total Accumulated
Other
Comprehensive
Income (Loss)
 
(in thousands)
Balance, December 31, 2016
$
(402
)
 
$
71,377

 
$
0

 
$
70,975

Change in OCI before reclassifications
23

 
23,059

 
0

 
23,082

Amounts reclassified from AOCI
0

 
4,144

 
0

 
4,144

Income tax benefit (expense)
(8
)
 
(9,521
)
 
0

 
(9,529
)
Balance, March 31, 2017
$
(387
)
 
$
89,059

 
$
0

 
$
88,672


(1)
Includes cash flow hedges of $(41) million and $(18) million as of March 31, 2018 and December 31, 2017, respectively, and $31 million and $41 million as of March 31, 2017 and December 31, 2016, respectively.
Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
 
Three Months Ended March 31,
 
2018
 
2017
 
(in thousands)
Amounts reclassified from AOCI (1)(2):
 
 
 
Net unrealized investment gains (losses):
 
 
 
Cash flow hedges - Currency/Interest rate(3)
$
319

 
$
3,133

Net unrealized investment gains (losses) on available-for-sale securities(4)
(809
)
 
(7,277
)
Total net unrealized investment gains (losses)
(490
)
 
(4,144
)
Total reclassifications for the period
$
(490
)
 
$
(4,144
)

(1)
All amounts are shown before tax.
(2)
Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)
See Note 4 for additional information on cash flow hedges.
(4)
See table below for additional information on unrealized investment gains (losses), including the impact on deferred policy acquisition costs and other costs, future policy benefits and policyholders’ account balances. 
OTTI Net Unrealized Investment Gains (Losses) AOCI Rollforward
The amounts for the periods indicated below, split between amounts related to fixed maturity securities on which an OTTI loss has been recognized, and all other net unrealized investment gains (losses), are as follows:

Net Unrealized Investment Gains (Losses) on Fixed Maturity Securities on which an OTTI loss has been recognized
 
Net Unrealized
Gains (Losses)
on Investments
 
Deferred Policy Acquisition Costs and Other Costs
 
Future Policy Benefits and Policyholders' Account Balances
 
Deferred
Income Tax
(Liability)
Benefit
 
Accumulated
Other
Comprehensive
Income (Loss)
Related To Net
Unrealized
Investment
Gains (Losses)
 
(in thousands)
Balance, December 31, 2017
$
1,609

 
$
(99
)
 
$
22

 
$
(682
)
 
$
850

Net investment gains (losses) on investments arising during the period
(776
)
 
0

 
0

 
163

 
(613
)
Reclassification adjustment for (gains) losses included in net income
(136
)
 
0

 
0

 
29

 
(107
)
Reclassification adjustment for OTTI (gains) losses excluded from net income(1)
0

 
0

 
0

 
0

 
0

Impact of net unrealized investment (gains) losses on deferred policy acquisition costs and other costs
0

 
6

 
0

 
(1
)
 
5

Impact of net unrealized investment (gains) losses on future policy benefits and policyholders' account balances
0

 
0

 
(13
)
 
3

 
(10
)
Balance, March 31, 2018
$
697

 
$
(93
)
 
$
9

 
$
(488
)
 
$
125


(1)
Represents "transfers in" related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.
All Other Net Unrealized Investment Gains (Losses) in AOCI Rollforward
All Other Net Unrealized Investment Gains (Losses) in AOCI
 
Net Unrealized
Gains (Losses)
on Investments(1)
 
Deferred Policy Acquisition Costs and Other Costs
 
Future Policy Benefits and Policyholders' Account Balances
 
Deferred
Income Tax
(Liability)
Benefit
 
Accumulated
Other
Comprehensive
Income (Loss)
Related To Net
Unrealized
Investment
Gains (Losses)
 
(in thousands)
Balance, December 31, 2017
$
272,809

 
$
1,832

 
$
(28,998
)
 
$
(80,913
)
 
$
164,730

Net investment gains (losses) on investments arising during the period
(156,044
)
 
0

 
0

 
32,818

 
(123,226
)
Reclassification adjustment for (gains) losses included in net income
626

 
0

 
0

 
(132
)
 
494

Reclassification adjustment for OTTI (gains) losses excluded from net income(2)
0

 
0

 
0

 
0

 
0

Impact of net unrealized investment (gains) losses on deferred policy acquisition costs and other costs
0

 
(29,720
)
 
0

 
6,250

 
(23,470
)
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders' account balances
0

 
0

 
41,028

 
(8,629
)
 
32,399

Cumulative effect of adoption of ASU 2016-01
(2,368
)
 
0

 
0

 
829

 
(1,539
)
Cumulative effect of adoption of ASU 2018-02
0

 
0

 
0

 
30,449

 
30,449

Balance, March 31, 2018
$
115,023

 
$
(27,888
)
 
$
12,030

 
$
(19,328
)
 
$
79,837


(1)
Includes cash flow hedges. See Note 4 for information on cash flow hedges.
(2)
Represents "transfers out" related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.