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Equity (Tables)
 9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) The balance of and changes in each component of AOCI as of and for the nine months ended September 30, 2020 and 2019, are as follows:
 Accumulated Other Comprehensive Income (Loss)
 Foreign
Currency
Translation
Adjustment		Net Unrealized
Investment Gains
(Losses)(1)		Total Accumulated
Other
Comprehensive
Income (Loss)
 (in thousands)
Balance, December 31, 2019$(7,917)$289,359 $281,442 
Change in OCI before reclassifications(8,007)233,906 225,899 
Amounts reclassified from AOCI0 (1,200)(1,200)
Income tax benefit (expense)(2,189)(48,869)(51,058)
Balance, September 30, 2020$(18,113)$473,196 $455,083 

 Accumulated Other Comprehensive Income (Loss)
 Foreign
Currency
Translation
Adjustment		Net Unrealized
Investment Gains
(Losses)(1)		Total Accumulated
Other
Comprehensive
Income (Loss)
 (in thousands)
Balance, December 31, 2018$(17,448)$(10,848)$(28,296)
Change in OCI before reclassifications5,980 453,784 459,764 
Amounts reclassified from AOCI0 (9,082)(9,082)
Income tax benefit (expense)87 (93,379)(93,292)
Balance, September 30, 2019$(11,381)$340,475 $329,094 

(1)Includes cash flow hedges of $54 million and $26 million as of September 30, 2020 and December 31, 2019, respectively, and $54 million and $22 million as of September 30, 2019 and December 31, 2018, respectively.
Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Three Months Ended
September 30,		Nine Months Ended
September 30,
2020201920202019
 (in thousands)
Amounts reclassified from AOCI (1)(2):
Net unrealized investment gains (losses):
Cash flow hedges - Currency/Interest rate(3)$(3,214)$(7,664)$8,026 $(11,663)
Net unrealized investment gains (losses) on available-for-sale securities(88)27,418 (6,826)20,745 
Total net unrealized investment gains (losses)(4)(3,302)19,754 1,200 9,082 
Total reclassifications for the period$(3,302)$19,754 $1,200 $9,082 

(1)All amounts are shown before tax.
(2)Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)See Note 4 for additional information on cash flow hedges.
(4)See table below for additional information on unrealized investment gains (losses), including the impact on DAC and other costs, future policy benefits, policyholders’ account balances and other liabilities.
Allowance for Credit Losses Net Unrealized Investment Gain (Loss) in AOCI Rollforward The amounts for the periods indicated below, split between amounts related to available-for-sale fixed maturity securities on which an allowance for credit losses has been recognized, and all other net unrealized investment gains (losses), are as follows:
Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on which an allowance for credit losses has been recognized
Net Unrealized
Gains (Losses)
on Investments		DAC and Other Costs(2)Future Policy Benefits, Policyholders' Account Balances and Other Liabilities(3)Deferred
Income Tax
(Liability)
Benefit		Accumulated
Other
Comprehensive
Income (Loss)
Related To Net
Unrealized
Investment
Gains (Losses)
 (in thousands)
Balance, December 31, 2019(1)$0 $0 $0 $0 $0 
Net investment gains (losses) on investments arising during the period448 0 0 (91)357 
Increase (decrease) due to non-credit related losses recognized in AOCI during the period(927)0 0 195 (732)
Impact of net unrealized investment (gains) losses on DAC and other costs0 63 0 (13)50 
Impact of net unrealized investment (gains) losses on future policy benefits, policyholders' account balances and other liabilities0 0 93 (20)73 
Balance, September 30, 2020$(479)$63 $93 $71 $(252)

(1)Allowance for credit losses on available-for-sale fixed maturity securities effective January 1, 2020.
(2)"Other costs" primarily includes reinsurance recoverables and deferred reinsurance losses.
(3)"Other liabilities" primarily includes reinsurance payables.
All Other Net Unrealized Investment Gains (Losses) in AOCI Rollforward
All Other Net Unrealized Investment Gains (Losses) in AOCI
Net Unrealized
Gains (Losses)
on Investments(1)		DAC and Other Costs(3) Future Policy Benefits, Policyholders' Account Balances and Other Liabilities(4)Deferred
Income Tax
(Liability)
Benefit		Accumulated
Other
Comprehensive
Income (Loss)
Related To Net
Unrealized
Investment
Gains (Losses)
 (in thousands)
Balance, December 31, 2019(2)$425,180 $423,227 $(482,134)$(76,914)$289,359 
Net investment gains (losses) on investments arising during the period288,642 0 0 (60,616)228,026 
Reclassification adjustment for (gains) losses included in net income(1,200)0 0 252 (948)
Reclassification due to allowance for credit losses recorded during the period927 0 0 (195)732 
Impact of net unrealized investment (gains) losses on DAC and other costs0 555,395 0 (116,635)438,760 
Impact of net unrealized investment (gains) losses on future policy benefits, policyholders' account balances and other liabilities0 0 (610,735)128,254 (482,481)
Balance, September 30, 2020$713,549 $978,622 $(1,092,869)$(125,854)$473,448 

(1)Includes cash flow hedges. See Note 4 for information on cash flow hedges.
(2)Includes net unrealized gains (losses) for which an OTTI loss had been previously recognized.
(3)"Other costs" primarily includes reinsurance recoverables and deferred reinsurance losses.
(4)"Other liabilities" primarily includes reinsurance payables.