Variable Contracts Containing Guaranteed Benefits (Tables)

3 Months Ended

Mar. 31, 2017

Insurance [Abstract]

Changes in Variable Annuity Guaranteed Minimum Death Benefits, Guaranteed Minimum Income Benefits and Guaranteed Minimum Withdrawal Benefits Liabilities

The changes in the variable annuity GMDB, GMIB and GMWB liabilities for the three months ended March 31, 2017 and 2016 were as follows:

	Three Months Ended
	March 31,
GMDB	2017			2016
Guaranteed benefits incurred	$	5,969		$	6,380
Guaranteed benefits paid		(4,634	)		(6,114	)
Unlocking		(13,657	)		7,471
Total	$	(12,322	)	$	7,737

	Three Months Ended
	March 31,
GMIB	2017			2016
Guaranteed benefits incurred	$	3,061		$	3,236
Guaranteed benefits paid		(1,294	)		(98	)
Unlocking		(13,105	)		7,091
Total	$	(11,338	)	$	10,229

	Three Months Ended
	March 31,
GMWB	2017			2016
Guaranteed benefits incurred	$	-		$	-
Guaranteed benefits paid		-			-
Change in fair value reserves		(6,748	)		13,446
Total	$	(6,748	)	$	13,446