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Deferred Policy Acquisition Costs (Tables)
12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Schedule Of Deferred Acquisition Costs
The balances of and changes in DAC as of and for the years ended December 31, are as follows: 
 
 
2019
 
2018
 
2017
 
 
(in thousands)
Balance, beginning of year
 
$
1,613,922

 
$
1,376,211

 
$
1,341,093

Capitalization of commissions, sales and issue expenses
 
451,773

 
346,885

 
278,892

Amortization-Impact of assumption and experience unlocking and true-ups
 
(34,619
)
 
(54,772
)
 
(16,140
)
Amortization-All other
 
(78,699
)
 
(81,054
)
 
(78,867
)
Change in unrealized investment gains and losses
 
(37,337
)
 
26,652

 
(5,363
)
Other(1)
 
(59,342
)
 
0

 
(143,404
)
Balance, end of year
 
$
1,855,698

 
$
1,613,922

 
$
1,376,211


(1)
Represents ceded DAC upon reinsurance agreement with Prudential Arizona Reinsurance Term Company and Prudential Arizona Reinsurance Captive Company in 2019 and Gibraltar Universal Life Reinsurance Company ("GUL Re") in 2017. See Note 9 for additional information.