XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Fixed maturities, available for sale, at fair value (allowance for credit losses: 2022-$4,810; 2021-$4,149) (amortized cost: 2022–$16,197,708; 2021–$12,737,749) $ 14,438,956 $ 13,278,166
Fixed maturities, trading, at fair value (amortized cost: 2022–$2,352,770; 2021–$3,319,660) 1,814,999 3,302,392
Equity securities, at fair value (cost: 2022– $238,300; 2021–$106,174) 229,268 111,267
Policy loans 489,592 1,327,485
Short-term investments 270,881 182,437
Commercial mortgage and other loans (net of $9,924 and $5,951 allowance for credit losses at June 30, 2022 and December 31, 2021, respectively) 3,066,931 2,832,560
Other invested assets (includes $114,134 and $348,004 of assets measured at fair value at June 30, 2022 and December 31, 2021, respectively) 964,752 1,209,925
Total investments 21,275,379 22,244,232
Cash and cash equivalents 1,789,752 918,931
Deferred policy acquisition costs 6,310,935 6,830,972
Accrued investment income 161,703 160,027
Reinsurance recoverables 38,809,510 38,598,767
Receivables from parent and affiliates 197,904 278,131
Deferred sales inducements 297,772 374,649
Income tax assets 1,813,748 1,316,879
Other assets 986,295 1,140,948
Separate account assets 118,792,119 149,797,828
TOTAL ASSETS 190,435,117 221,661,364
LIABILITIES    
Future policy benefits 24,112,142 27,927,029
Policyholders’ account balances 39,025,034 35,361,795
Cash collateral for loaned securities 150,666 3,004
Long-term debt to affiliates 315,807 320,362
Payables to parent and affiliates 72,102 31,775
Other liabilities 3,203,069 2,264,477
Separate account liabilities 118,792,119 149,797,828
Total liabilities 185,670,939 215,706,270
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 6,040,341 6,042,491
Retained earnings / (accumulated deficit) (107,081) (437,332)
Accumulated other comprehensive income (loss) (1,171,582) 347,435
Total equity 4,764,178 5,955,094
TOTAL LIABILITIES AND EQUITY $ 190,435,117 $ 221,661,364