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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss) $ 99,405 $ (20,527) $ 13,658
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by operating activities:      
Change in deferred policy acquisition costs 3,694 3,599 3,627
Change in deferred sales inducements 841 809 834
Change in value of business acquired 15,919 32,482 22,364
Change in benefit reserves, net of change in ceded reinsurance recoverable (52,745) (9,440) 43,176
Change in income tax accruals 2,510 (1,149) (4,535)
Change in claims and claims settlement expenses 123 5,146 3,471
Change in other operating assets and liabilities - net 6,835 132 (2,124)
Change in checks not yet presented for payment 1,800 (5,655) (3,658)
Amortization (accretion) of investments (1,091) (762) 3,046
Interest credited to policyholder liabilities 52,299 55,015 54,914
Net derivative (gains) losses 49,085 90,238 37,457
Net realized investment (gains) losses (8,404) (458) (1,690)
Change in unrealized (gains) losses related to limited partnerships (3,270) 99  
Net cash and cash equivalents provided by/(used in) operating activities 167,001 149,529 170,540
CASH FLOWS FROM INVESTING ACTIVITIES      
Sales of available-for-sale securities and mortgage loans 342,876 497,472 231,374
Maturities of available-for-sale securities and mortgage loans 176,014 263,745 351,597
Purchases of available-for-sale securities and mortgage loans (445,747) (593,984) (475,044)
Sales of limited partnerships 76,478 4,041 252
Purchases of limited partnerships (3,673) (11,562)  
Change in affiliated short-term note receivable   25,000 (25,000)
Cash received in connection with derivatives 55,289 28,797 76,494
Cash paid in connection with derivatives (123,848) (110,962) (135,918)
Proceeds from the maturity or prepayment of policy loans 71,242 78,018 75,402
Payments for the origination of policy loans (46,591) (49,386) (55,796)
Net settlement on futures contracts 1,153 (5,989) (3,030)
Other     778
Net cash and cash equivalents provided by/(used in) investing activities 103,193 125,190 41,109
CASH FLOWS FROM FINANCING ACTIVITIES      
Policyholder deposits 10,280 13,362 15,578
Policyholder withdrawals (116,958) (135,940) (134,335)
Capital contributions from AUSA     68,492
Return of capital to TA Corp/AUSA (47,505) (88,341) (100,000)
Change in payables for collateral under securities loaned, reverse repurchase agreements and derivatives 16,452 42,562 (59,936)
Cash dividend paid to TA Corp (140,000) (75,000)  
Cash receipts from affiliated short-term note payable 48,000    
Cash paid on affiliated short-term note payable (38,000)    
Net cash and cash equivalents provided by/(used in) financing activities (267,731) (243,357) (210,201)
Net increase (decrease) in cash and cash equivalents [1] 2,463 31,362 1,448
Cash and cash equivalents, beginning of period 267,844 236,482 235,034
Cash and cash equivalents, end of period $ 270,307 $ 267,844 $ 236,482
[1] Included in net increase (decrease) in cash and cash equivalents is interest paid (2017 - $137; 2016 - $44; 2015 - $15), interest received (2017- $7; 2016 - $31; 2015 - $18), and income taxes paid (2017 - $108; 2016 - $0; 2015 - $0).