Consolidated Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2020		Dec. 31, 2019
ASSETS
Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2020-$2,339) (amortized cost: 2020 – $6,157,371; 2019 – $5,283,266)	$ 7,012,631		$ 5,681,970
Fixed maturities, trading, at fair value (amortized cost: 2020 – $73,413; 2019 – $59,995)	82,482		59,964
Equity securities, at fair value (cost: 2020 – $105,508; 2019 – $6,360)	108,457		10,494
Policy loans	1,323,681		1,314,064
Short-term investments	49,997		0
Commercial mortgage and other loans (net of $4,552 and $1,768 allowance for credit losses at December 31, 2020 and 2019, respectively)	1,288,846	[1]	1,239,885
Other invested assets (includes $94,939 and $87,456 measured at fair value at December 31, 2020 and 2019, respectively)	520,955		429,558
Total investments	10,387,049		8,735,935
Cash and cash equivalents	426,979		563,199
Deferred policy acquisition costs	2,433,936	[1]	1,855,698
Accrued investment income	93,613		89,448
Reinsurance recoverables	48,367,096	[1]	40,710,159
Receivables from parent and affiliates	266,473		271,981
Income Taxes Receivable	175,024	[1]	102,652
Other assets	417,508		441,543
Separate account assets	145,740,422		138,387,772
TOTAL ASSETS	208,308,100		191,158,387
LIABILITIES
Future policy benefits	32,889,181	[1]	25,258,673
Policyholders’ account balances	23,857,574	[1]	22,878,823
Cash collateral for loaned securities	2,725		7,529
Short-term debt to affiliates	0		2,845
Payables to parent and affiliates	75,990		216,842
Other Liabilities	1,694,492	[1]	1,390,876
Separate account liabilities	145,740,422		138,387,772
Total liabilities	204,260,384		188,143,360
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	1,726,690		1,153,632
Retained earnings	1,772,398		1,577,453
Accumulated other comprehensive income (loss)	546,128		281,442
Total equity	4,047,716		3,015,027
TOTAL LIABILITIES AND EQUITY	208,308,100		191,158,387
Short-term Investments	$ 49,997		$ 0

[1] December 31, 2020 amounts include the impacts of the January 1, 2020 adoption of ASU 2016-13. See Note 2 for details.