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Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities, available for sale, at fair value (amortized cost: 2019 – $5,623,693; 2018 – $5,244,903) $ 5,956,391 $ 5,199,595
Fixed maturities, trading, at fair value (amortized cost: 2019 – $50,775; 2018 – $44,759) 49,417 41,627
Equity securities, at fair value (cost: 2019 – $12,454; 2018 – $31,824) 17,774 36,922
Policy loans 1,263,413 1,236,077
Short-term Investments 94 0
Commercial mortgage and other loans 1,225,668 1,209,150
Other invested assets (includes $87,580 and $120,717 measured at fair value at June 30, 2019 and December 31, 2018, respectively) 394,951 377,429
Total investments 8,907,708 8,100,800
Cash and cash equivalents 415,497 416,840
Deferred policy acquisition costs 1,720,404 1,613,922
Accrued investment income 93,167 88,278
Reinsurance recoverables 38,946,785 34,682,127
Receivables from parent and affiliates 268,854 289,580
Income Taxes Receivable 67,498 46,102
Other assets 370,240 365,219
Separate account assets 132,731,982 119,077,916
TOTAL ASSETS 183,522,135 164,680,784
LIABILITIES    
Policyholders’ account balances 22,058,265 22,059,692
Future policy benefits 24,169,202 19,476,394
Cash collateral for loaned securities 7,083 11,063
Payables to parent and affiliates 146,207 229,345
Other liabilities 1,262,599 1,093,143
Separate account liabilities 132,731,982 119,077,916
Total liabilities 180,375,338 161,947,553
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 1,747,544 1,612,435
Accumulated other comprehensive income (loss) 250,165 (28,296)
Total equity 3,146,797 2,733,231
TOTAL LIABILITIES AND EQUITY $ 183,522,135 $ 164,680,784