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Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities, available for sale, at fair value (amortized cost: 2019 – $5,418,988; 2018 – $5,244,903) $ 5,856,022 $ 5,199,595
Fixed maturities, trading, at fair value (amortized cost: 2019 – $59,995; 2018 – $44,759) 57,184 41,627
Equity securities, at fair value (cost: 2019 – $12,454; 2018 – $31,824) 18,063 36,922
Policy loans 1,283,214 1,236,077
Short-term Investments 456 0
Commercial mortgage and other loans 1,230,059 1,209,150
Other invested assets (includes $107,694 and $120,717 measured at fair value at September 30, 2019 and December 31, 2018, respectively) 420,804 377,429
Total investments 8,865,802 8,100,800
Cash and cash equivalents 548,588 416,840
Deferred policy acquisition costs 1,730,067 1,613,922
Accrued investment income 89,822 88,278
Reinsurance recoverables 42,921,981 34,682,127
Receivables from parent and affiliates 286,694 289,580
Income Taxes Receivable 91,557 46,102
Other assets 457,574 365,219
Separate account assets 133,175,062 119,077,916
TOTAL ASSETS 188,167,147 164,680,784
LIABILITIES    
Policyholders’ account balances 22,365,364 22,059,692
Future policy benefits 27,739,084 19,476,394
Cash collateral for loaned securities 7,759 11,063
Payables to parent and affiliates 180,261 229,345
Other liabilities 1,429,374 1,093,143
Separate account liabilities 133,175,062 119,077,916
Total liabilities 184,896,904 161,947,553
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 1,147,732 1,146,592
Retained earnings 1,790,917 1,612,435
Accumulated other comprehensive income (loss) 329,094 (28,296)
Total equity 3,270,243 2,733,231
TOTAL LIABILITIES AND EQUITY $ 188,167,147 $ 164,680,784