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Equity (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The balance of and changes in each component of “Accumulated other comprehensive income (loss)” for the nine months ended September 30, 2018 and 2017, are as follows:
 
Accumulated Other Comprehensive Income (Loss)
 
Foreign
Currency
Translation
Adjustments
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Total Accumulated
Other
Comprehensive
Income (Loss)
 
(in thousands)
Balance, December 31, 2017
$
(234
)
 
$
165,580

 
$
165,346

Change in OCI before reclassifications
(12,379
)
 
(254,515
)
 
(266,894
)
Amounts reclassified from AOCI
0

 
(5,268
)
 
(5,268
)
Income tax benefit (expense)
2,599

 
54,557

 
57,156

Cumulative effect of adoption of ASU 2016-01
0

 
(1,539
)
 
(1,539
)
Cumulative effect of adoption of ASU 2018-02
(50
)
 
30,499

 
30,449

Balance, September 30, 2018
$
(10,064
)
 
$
(10,686
)
 
$
(20,750
)
 
 
Accumulated Other Comprehensive Income (Loss)
 
Foreign
Currency
Translation
Adjustments
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Total Accumulated
Other
Comprehensive
Income (Loss)
 
(in thousands)
Balance, December 31, 2016
$
(402
)
 
$
71,377

 
$
70,975

Change in OCI before reclassifications
224

 
147,980

 
148,204

Amounts reclassified from AOCI
0

 
(28,669
)
 
(28,669
)
Income tax benefit (expense)
(78
)
 
(41,759
)
 
(41,837
)
Balance, September 30, 2017
$
(256
)
 
$
148,929

 
$
148,673


(1)
Includes cash flow hedges of $(8) million and $(18) million as of September 30, 2018 and December 31, 2017, respectively, and $1 million and $41 million as of September 30, 2017 and December 31, 2016, respectively.
Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands)
Amounts reclassified from AOCI (1)(2):
 
 
 
 
 
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
 
Cash flow hedges - Currency/Interest rate(3)
$
2,682

 
$
(2,962
)
 
$
10,443

 
$
(2,175
)
Net unrealized investment gains (losses) on available-for-sale securities(4)
(1,048
)
 
31,556

 
(5,175
)
 
30,844

Total net unrealized investment gains (losses)
1,634

 
28,594

 
5,268

 
28,669

Total reclassifications for the period
$
1,634

 
$
28,594

 
$
5,268

 
$
28,669


(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, policyholders’ account balances and other liabilities. 
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, Policyholders' Account Balances and Other Liabilities
 
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
(1,614
)
 
0

 
0

 
339

 
(1,275
)
Reclassification adjustment for (gains) losses included in net income
(175
)
 
0

 
0

 
37

 
(138
)
Reclassification adjustment for OTTI (gains) losses excluded from net income(1)
(128
)
 
0

 
0

 
0

 
(128
)
Impact of net unrealized investment (gains) losses on deferred policy acquisition costs and other costs
0

 
(183
)
 
0

 
38

 
(145
)
Impact of net unrealized investment (gains) losses on future policy benefits, policyholders' account balances and other liabilities
0

 
0

 
206

 
(43
)
 
163

Balance, September 30, 2018
$
(308
)
 
$
(282
)
 
$
228

 
$
(311
)
 
$
(673
)

(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, Policyholders' Account Balances and Other Liabilities
 
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
(278,583
)
 
0

 
0

 
58,504

 
(220,079
)
Reclassification adjustment for (gains) losses included in net income
(5,093
)
 
0

 
0

 
1,070

 
(4,023
)
Reclassification adjustment for OTTI (gains) losses excluded from net income(2)
128

 
0

 
0

 
0

 
128

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

 
(49,664
)
 
0

 
10,431

 
(39,233
)
Impact of net unrealized investment (gains) losses on future policy benefits, policyholders' account balances and other liabilities
0

 
0

 
75,323

 
(15,819
)
 
59,504

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

 
30,499

 
30,499

Balance, September 30, 2018
$
(13,107
)
 
$
(47,832
)
 
$
46,325

 
$
4,601

 
$
(10,013
)

(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.