XML 67 R56.htm IDEA: XBRL DOCUMENT v3.20.2
Reinsurance (Reinsurance amounts included in the Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Premiums:        
Direct $ 475,017 $ 468,900 $ 1,435,080 $ 1,408,157
Assumed 45 51 140 157
Ceded (450,755) (466,593) (1,373,498) (1,379,545)
Net premiums 24,307 2,358 61,722 28,769
Policy charges and fee income:        
Direct 882,373 896,151 2,600,632 2,856,071
Assumed 131,877 130,113 395,960 385,820
Ceded (863,170) (915,635) (2,544,508) (2,843,402)
Net policy charges and fee income 151,080 110,629 452,084 398,489
Net investment income:        
Direct 95,266 96,424 261,304 297,931
Assumed 390 427 1,184 1,230
Ceded (1,664) (1,595) (5,453) (5,093)
Net investment income 93,992 95,256 257,035 294,068
Asset administration fees:        
Direct 91,953 90,797 265,612 262,616
Assumed 0 0 0 0
Ceded (86,989) (86,661) (251,958) (250,862)
Net asset administration fees 4,964 4,136 13,654 11,754
Other income:        
Direct 28,529 19,631 49,817 59,459
Assumed (112) 438 (141) (1,033)
Ceded 3 (7) 128 (69)
Amortization of reinsurance income 1,162 1,180 3,506 (1,160)
Net other income 29,582 21,242 53,310 57,197
Realized investment gains (losses), net:        
Direct 2,646,206 (2,500,567) (7,254,543) (4,920,019)
Assumed 0 0 0 0
Ceded (2,647,753) 2,540,151 7,262,660 4,858,718
Realized investment gains (losses), net (1,547) 39,584 8,117 (61,301)
Policyholders’ benefits (including change in reserves):        
Direct 879,729 874,424 2,691,447 2,671,720
Assumed 196,502 252,424 766,272 747,135
Ceded (1,020,403) (1,080,958) (3,229,715) (3,287,196)
Net policyholders’ benefits (including change in reserves) 55,828 45,890 228,004 131,659
Interest credited to policyholders’ account balances:        
Direct 148,411 163,479 420,163 376,590
Assumed 33,974 35,575 102,230 100,744
Ceded (130,119) (119,647) (348,664) (303,020)
Net interest credited to policyholders’ account balances 52,266 79,407 173,729 174,314
Reinsurance expense allowances and general and administrative expenses, net of capitalization and amortization (448,254) (475,041) (1,330,501) (1,393,034)
Unaffiliated activity        
Premiums:        
Assumed 0 100 200 200
Ceded (2,400) (100) (7,500) (300)
Policy charges and fee income:        
Ceded (18,000) (13,000) (39,000) (25,000)
Other income:        
Assumed 100 1,000 100 (1,000)
Realized investment gains (losses), net:        
Ceded (68,000) 61,000 160,000 117,000
Policyholders’ benefits (including change in reserves):        
Assumed 100 1,000 700 1,000
Ceded $ (20,000) $ (8,000) $ (44,000) $ (12,000)