XML 63 R53.htm IDEA: XBRL DOCUMENT v3.22.1
Reinsurance (Reinsurance amounts included in the Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Premiums:    
Direct $ 473,928 $ 486,877
Assumed 1,397 43
Ceded (401,080) (442,515)
Net premiums 74,245 44,405
Policy charges and fee income:    
Direct 902,324 909,889
Assumed 150,821 140,113
Ceded (861,583) (898,137)
Net policy charges and fee income 191,562 151,865
Net investment income:    
Direct 195,511 100,395
Assumed 453 359
Ceded (16,664) (1,887)
Net investment income 179,300 98,867
Asset administration fees:    
Direct 97,457 96,614
Assumed 0 0
Ceded (18,225) (90,403)
Net asset administration fees 79,232 6,211
Other income (loss):    
Direct (348,688) 17,100
Assumed 39 (73)
Ceded (378) 65
Amortization of reinsurance income 21,423 1,152
Net Other income (loss) (327,604) 18,244
Realized investment gains (losses), net:    
Direct 1,260,511 6,157,747
Assumed (225,262) 0
Ceded (251,142) (6,081,139)
Realized investment gains (losses), net 784,107 76,608
Policyholders’ benefits (including change in reserves):    
Direct 905,137 997,824
Assumed 238,667 191,805
Ceded (924,040) (1,095,716)
Net policyholders’ benefits (including change in reserves) 219,764 93,913
Interest credited to policyholders’ account balances:    
Direct 202,026 179,435
Assumed 72,502 32,986
Ceded (111,002) (156,251)
Net interest credited to policyholders’ account balances 163,526 56,170
Reinsurance expense allowances and general and administrative expenses, net of capitalization and amortization (135,852) (468,435)
Unaffiliated activity    
Premiums:    
Assumed 0 0
Ceded (7,000) (7,000)
Policy charges and fee income:    
Ceded (18,000) (14,000)
Other income (loss):    
Assumed 0 0
Realized investment gains (losses), net:    
Ceded (37,000) (141,000)
Policyholders’ benefits (including change in reserves):    
Assumed 100 100
Ceded $ (20,000) $ (81,000)