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Consolidated Statement of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Premiums $ 14,612 $ 17,078 $ 41,709 $ 48,338
Policy charges and fee income 438,560 432,917 1,388,861 1,104,903
Net investment income 105,714 110,203 313,254 317,382
Asset administration fees 82,954 75,777 244,281 205,690
Other income 12,936 26,546 6,229 55,791
Realized investment gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (2,774) (16,307) (10,051) (32,055)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income 2,159 14,564 7,827 26,028
Other realized investment gains (losses), net 26,925 (120,093) 35,623 (126,115)
Total realized investment gains (losses), net 26,310 (121,836) 33,399 (132,142)
TOTAL REVENUES 681,086 540,685 2,027,733 1,599,962
BENEFITS AND EXPENSES        
Policyholders' benefits 19,449 194,239 146,745 300,193
Interest credited to policyholders' account balances (43,421) (19,229) 9,995 140,490
Amortization of deferred policy acquisition costs (365,413) (219,945) (524,013) 20,317
General, administrative and other expenses 211,372 226,753 654,605 634,178
TOTAL BENEFITS AND EXPENSES (178,013) 181,818 287,332 1,095,178
INCOME FROM OPERATIONS BEFORE INCOME TAXES 859,099 358,867 1,740,401 504,784
IncomeTaxExpenseBenefitContinuingOperationsAbstract        
Total income tax expense (benefit) on continuing operations 281,453 43,268 503,703 81,244
NET INCOME 577,646 315,599 1,236,698 423,540
Other Comprehensive Income (Loss), before Tax [Abstract]        
Foreign Currency Translation Adjustments 253 175 115 (45)
Unrealized Investment gains (losses) for the period (7,793) 47,301 (248,309) 99,383
Reclassification adjustment for (gains) losses included in net income (7,762) (4,540) (43,271) (7,375)
Net Unrealized investment gains (losses) (15,555) 42,761 (291,580) 92,008
Other Comprehensive income (loss), before tax (15,302) 42,936 (291,465) 91,963
Other Comprehensive Income (Loss), Tax [Abstract]        
Foreign Currency translation adjustments, taxes 88 61 40 (16)
Net unrealized invesment gains, taxes (5,444) 14,967 (102,053) 32,379
Other comprehensive income, tax expense (benefit) (5,356) 15,028 (102,013) 32,363
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Other Comprehensive Income (Loss), Net of Tax (9,946) 27,908 (189,452) 59,600
COMPREHENSIVE INCOME $ 567,700 $ 343,507 $ 1,047,246 $ 483,140