Unaudited Interim Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
REVENUES
Premiums	$ 13,994	$ 7,915
Policy charges and fee income	139,189	129,155
Net investment income	93,250	77,915
Asset administration fees	3,657	3,473
Other income	20,957	19,296
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(2,784)	(594)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income	(379)	0
Other realized investment gains (losses), net	(45,472)	(48,448)
Total realized investment gains (losses), net	(48,635)	(49,042)
TOTAL REVENUES	222,412	188,712
BENEFITS AND EXPENSES
Policyholders’ benefits	39,478	51,736
Interest credited to policyholders’ account balances	44,197	40,798
Amortization of deferred policy acquisition costs	19,179	26,145
General, administrative and other expenses	47,944	60,790
TOTAL BENEFITS AND EXPENSES	150,798	179,469
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURE	71,614	9,243
Income tax expense (benefit)	(16,880)	(2,699)
INCOME (LOSS) FROM OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURE	88,494	11,942
Equity in earnings of operating joint venture, net of taxes	(706)	(638)
NET INCOME (LOSS)	87,788	11,304
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments	6,049	(923)
Net unrealized investment gains (losses)	160,085	(145,051)
Total	166,134	(145,974)
Less: Income tax expense (benefit) related to other comprehensive income (loss)	33,633	(30,700)
Other comprehensive income (loss), net of tax	132,501	(115,274)
COMPREHENSIVE INCOME (LOSS)	$ 220,289	$ (103,970)