XML 61 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value of Assets and Liabilities (Balances of Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale $ 5,258,693 $ 5,223,302
Fixed maturities, trading, at fair value [1] 39,650 38,793
Equity securities, at fair value [1] 44,419 40,610
Other invested assets [1] 304,417 263,074
Reinsurance recoverables 31,696,534 32,555,500
Receivables from parent and affiliates 280,118 300,116
Separate account assets 127,433,522 129,655,734
TOTAL ASSETS 169,396,445 172,459,576
Future policy benefits 17,431,953 18,593,130
Payables to parent and affiliates 240,129 228,210
Other Liabilities 1,013,952 1,060,123
TOTAL LIABILITIES 166,669,070 169,638,940
Future Policy Benefits    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Embedded Derivative, Fair Value of Embedded Derivative, Net Liability 4,191,000 5,453,000
Embedded Derivative, Fair Value of Embedded Derivative Gross Asset 931,000 823,000
Embedded Derivative, Fair Value of Embedded Derivative Gross Liability 5,122,000 6,276,000
Fair Value, Measurements, Recurring    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 5,258,693 5,223,302
Fixed maturities, trading, at fair value 39,650 38,793
Equity securities, at fair value 44,419 40,610
Short-term investments 1,194 1,339
Cash equivalents   28,007
Other invested assets 10 8
Reinsurance recoverables 4,214,114 5,457,649
Receivables from parent and affiliates 129,358 132,571
Subtotal excluding separate account assets 9,687,438 10,922,279
Separate account assets 123,324,538 125,543,035
TOTAL ASSETS 133,011,976 136,465,314
Future policy benefits 4,191,373 5,452,583
Policyholders’ account balances 39,516 46,651
Payables to parent and affiliates 3,369 4,660
Other Liabilities 15,955 0
TOTAL LIABILITIES 4,250,213 5,503,894
Asset Netting (87,981) (115,086)
Liability Netting (87,763) (69,718)
Netting 200 45,400
Fair Value, Measurements, Recurring | Other invested assets    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Asset Netting (87,981) (115,086)
Fair Value, Measurements, Recurring | Payables to parent and affiliates    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Liability Netting (87,763) (69,718)
Fair Value, Measurements, Recurring | U.S. Treasury securities and obligations of U.S. government authorities and agencies    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 95,891 99,815
Fair Value, Measurements, Recurring | Obligations of U.S. states and their political subdivisions    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 617,772 635,458
Fair Value, Measurements, Recurring | Foreign government bonds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 176,720 135,098
Fair Value, Measurements, Recurring | U.S. corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 1,749,069 1,781,089
Fair Value, Measurements, Recurring | U.S. corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 928,890 961,238
Fair Value, Measurements, Recurring | Foreign corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 234,224 182,452
Fair Value, Measurements, Recurring | Foreign corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 895,174 851,666
Fair Value, Measurements, Recurring | Asset-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 181,610 182,428
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 311,352 322,832
Fair Value, Measurements, Recurring | Residential mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 67,991 71,226
Fair Value, Measurements, Recurring | Level 1    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fixed maturities, trading, at fair value 0 0
Equity securities, at fair value 101 94
Short-term investments 0 0
Cash equivalents   0
Other invested assets 0 0
Reinsurance recoverables 0 0
Receivables from parent and affiliates 0 0
Subtotal excluding separate account assets 101 94
Separate account assets 0 0
TOTAL ASSETS 101 94
Future policy benefits 0 0
Policyholders’ account balances 0 0
Payables to parent and affiliates 0 0
Other Liabilities 0 0
TOTAL LIABILITIES 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury securities and obligations of U.S. government authorities and agencies    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Obligations of U.S. states and their political subdivisions    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign government bonds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 5,069,470 5,017,475
Fixed maturities, trading, at fair value 39,650 38,793
Equity securities, at fair value 27,279 22,991
Short-term investments 0 0
Cash equivalents   28,007
Other invested assets 87,981 115,094
Reinsurance recoverables 0 0
Receivables from parent and affiliates 122,827 132,571
Subtotal excluding separate account assets 5,347,207 5,354,931
Separate account assets 123,324,538 125,543,035
TOTAL ASSETS 128,671,745 130,897,966
Future policy benefits 0 0
Policyholders’ account balances 0 0
Payables to parent and affiliates 91,132 74,378
Other Liabilities 0 0
TOTAL LIABILITIES 91,132 74,378
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury securities and obligations of U.S. government authorities and agencies    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 74,322 80,611
Fair Value, Measurements, Recurring | Level 2 | Obligations of U.S. states and their political subdivisions    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 617,772 635,458
Fair Value, Measurements, Recurring | Level 2 | Foreign government bonds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 176,554 134,924
Fair Value, Measurements, Recurring | Level 2 | U.S. corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 1,748,392 1,779,935
Fair Value, Measurements, Recurring | Level 2 | U.S. corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 871,184 901,080
Fair Value, Measurements, Recurring | Level 2 | Foreign corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 234,224 182,243
Fair Value, Measurements, Recurring | Level 2 | Foreign corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 880,942 837,766
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 87,126 71,400
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 311,159 322,832
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 67,795 71,226
Fair Value, Measurements, Recurring | Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 189,223 205,827
Fixed maturities, trading, at fair value 0 0
Equity securities, at fair value 17,039 17,525
Short-term investments 1,194 1,339
Cash equivalents   0
Other invested assets 10 0
Reinsurance recoverables 4,214,114 5,457,649
Receivables from parent and affiliates 6,531 0
Subtotal excluding separate account assets 4,428,111 5,682,340
Separate account assets 0 0
TOTAL ASSETS 4,428,111 5,682,340
Future policy benefits 4,191,373 5,452,583
Policyholders’ account balances 39,516 46,651
Payables to parent and affiliates 0 0
Other Liabilities 15,955 0
TOTAL LIABILITIES 4,246,844 5,499,234
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury securities and obligations of U.S. government authorities and agencies    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 21,569 19,204
Fair Value, Measurements, Recurring | Level 3 | Obligations of U.S. states and their political subdivisions    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Foreign government bonds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 166 174
Fair Value, Measurements, Recurring | Level 3 | U.S. corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 677 1,154
Fair Value, Measurements, Recurring | Level 3 | U.S. corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 57,706 60,158
Fair Value, Measurements, Recurring | Level 3 | Foreign corporate public securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 0 209
Fair Value, Measurements, Recurring | Level 3 | Foreign corporate private securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 14,232 13,900
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 94,484 111,028
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 193 0
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fixed maturities, available-for-sale 196 0
Other invested assets    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair value investment measured at NAV per share 62,100 700
Separate Account Assets    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair value investment measured at NAV per share $ 4,109,000 $ 4,113,000
[1] Prior period amounts have been reclassified to conform to current period presentation. See "Adoption of ASU 2016-01" in Note 2 for details