STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)		$ 24,816	$ (6,604)
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by operating activities:
Change in deferred policy acquisition costs		1,123	939
Change in deferred sales inducements		256	212
Change in value of business acquired		2,364	5,380
Change in benefit reserves, net of change in ceded reinsurance recoverable		(21,716)	21,831
Change in income tax accruals		575
Change in claims and claims settlement expenses		(5,040)	7,624
Change in other operating assets and liabilities - net		10,613	16,760
Change in checks not yet presented for payment		1,510	(4,016)
Amortization (accretion) of investments		(287)	(270)
Interest credited to policyholder liabilities		12,983	14,030
Net derivative (gains) losses		24,228	(3,371)
Net realized investment (gains) losses		(31)	134
Change in unrealized (gains) losses related to limited partnerships		(1,630)
Limited partnership asset distributions			1
Net cash and cash equivalents provided by/(used in) operating activities		49,764	52,650
CASH FLOWS FROM INVESTING ACTIVITIES
Sales of available-for-sale securities and mortgage loans		53,703	101,543
Maturities of available-for-sale securities and mortgage loans		44,315	90,934
Purchases of available-for-sale securities and mortgage loans	[1]	(74,313)	(88,960)
Sales of limited partnerships		801	667
Purchases of limited partnerships		(870)	(10,500)
Change in affiliated short-term note receivable			(25,000)
Cash received in connection with derivatives		27,754	53,953
Cash paid in connection with derivatives		(44,904)	(34,911)
Policy loans on insurance contracts - net		5,435	9,385
Net settlement on futures contracts		(469)	2,549
Other			2,541
Net cash and cash equivalents provided by/(used in) investing activities		11,452	102,201
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholder deposits		2,211	1,869
Policyholder withdrawals		(31,940)	(33,328)
Return of capital to Transamerica Corporation	[2]	(13,440)
Change in payables for collateral under securities loaned, reverse repurchase agreements and derivatives		(178,194)	(2,760)
Net cash and cash equivalents provided by/(used in) financing activities		(221,363)	(34,219)
Net increase (decrease) in cash and cash equivalents		(160,147)	120,632
Cash and cash equivalents, beginning of year		267,844	236,482
Cash and cash equivalents, end of period		$ 107,697	$ 357,114

[1] Not included in purchases of available-for-sale securities and mortgage loans for the three months ended March 31, 2016 is the amount payable for investments purchased – net of $56,718.

[2] Not included in return of capital to Transamerica Corporation for the three months ended March 31, 2016 is the amount payable to Transamerica Corporation in connection with the tax allocation agreement of $30,489. The amount payable is presented on the Balance Sheets within the affiliated payables – net line item.