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Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities, available for sale, at fair value (amortized cost: 2019 – $5,468,161; 2018 - $5,244,903) $ 5,606,209 $ 5,199,595
Fixed maturities, trading, at fair value (amortized cost: 2019 – $44,759; 2018 – $44,759) 43,000 41,627
Equity securities, at fair value (cost: 2019 – $28,920; 2018 – $31,824) 34,747 36,922
Policy loans 1,251,094 1,236,077
Commercial mortgage and other loans 1,212,618 1,209,150
Other invested assets (includes $88,109 and $120,717 measured at fair value at March 31, 2019 and December 31, 2018, respectively) 358,288 377,429
Total investments 8,505,956 8,100,800
Cash and cash equivalents 403,283 416,840
Deferred policy acquisition costs 1,675,860 1,613,922
Accrued investment income 89,358 88,278
Reinsurance recoverables 36,106,323 34,682,127
Receivables from parent and affiliates 278,050 289,580
Income Taxes Receivable 29,763 46,102
Other assets 378,154 365,219
Separate account assets 128,998,408 119,077,916
TOTAL ASSETS 176,465,155 164,680,784
LIABILITIES    
Policyholders’ account balances 22,209,376 22,059,692
Future policy benefits 20,943,806 19,476,394
Cash collateral for loaned securities 10,334 11,063
Payables to parent and affiliates 217,073 229,345
Other liabilities 1,133,756 1,093,143
Separate account liabilities 128,998,408 119,077,916
TOTAL LIABILITIES 173,512,753 161,947,553
COMMITMENTS AND CONTINGENT LIABILITIES
EQUITY    
Common stock ($10 par value; 1,000,000 shares authorized; 250,000 shares issued and outstanding) 2,500 2,500
Additional paid-in capital 1,146,588 1,146,592
Retained earnings 1,699,109 1,612,435
Accumulated other comprehensive income (loss) 104,205 (28,296)
TOTAL EQUITY 2,952,402 2,733,231
TOTAL LIABILITIES AND EQUITY $ 176,465,155 $ 164,680,784