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Schedule I - Summary of Investments Other Than investments in Related Parties Schedule I - Summary of Investments Other Than investments in Related Parties
12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I - Summary of Investments Other Than investments in Related Parties
Type of Investment
 
Amortized Cost or Cost(1)
 
Fair
Value
 
Amount
Shown in the
Balance Sheet
Fixed maturities, available-for-sale:
 
 
 
 
 
 
Bonds:
 
 
 
 
 
 
U.S. Treasury securities and obligations of U.S. government authorities and agencies
 
$
83,622

 
$
86,468

 
$
86,468

Obligations of U.S. states and their political subdivisions
 
458,152

 
497,827

 
497,827

Foreign governments
 
196,034

 
222,826

 
222,826

Asset-backed securities
 
119,602

 
119,936

 
119,936

Residential mortgage-backed securities
 
60,778

 
63,804

 
63,804

Commercial mortgage-backed securities
 
367,848

 
382,916

 
382,916

Public utilities
 
737,155

 
810,229

 
810,229

All other corporate bonds
 
3,257,754

 
3,495,397

 
3,495,397

Redeemable preferred stock
 
2,321

 
2,567

 
2,567

Total fixed maturities, available-for-sale
 
$
5,283,266

 
$
5,681,970

 
$
5,681,970

Equity securities:
 
 
 
 
 
 
Common stocks:
 
 
 
 
 
 
Other common stocks
 
$
1,008

 
$
3,467

 
$
3,467

Mutual funds
 
376

 
459

 
459

Perpetual preferred stocks
 
4,976

 
6,568

 
6,568

Total equity securities, at fair value
 
$
6,360

 
$
10,494

 
$
10,494

Fixed maturities, trading
 
$
59,995

 
$
59,964

 
$
59,964

Commercial mortgage and other loans(2)
 
1,239,885

 
 
 
1,239,885

Policy loans
 
1,314,064

 
 
 
1,314,064

Other invested assets
 
429,558

 
 
 
429,558

Total investments
 
$
8,333,128

 
 
 
$
8,735,935

 __________
(1)
For fixed maturities available-for-sale, original cost reduced by repayments and impairments and adjusted for amortization of premiums and accretion of discounts.
(2)
At carrying value, which is net of allowance for credit losses.