XML 90 R79.htm IDEA: XBRL DOCUMENT v3.19.2
Fair Value of Assets and Liabilities Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Dec. 31, 2017
Assets        
Mortgage loans on real estate (net of valuation allowances) $ 5,405,422 $ 4,966,298    
Policy loans 1,319,722 1,344,980    
Funds withheld at interest 5,696,217 5,761,471    
Cash and cash equivalents 2,287,526 1,889,733 $ 1,397,679 $ 1,303,524
Short-term investments 158,788 142,598    
Other invested assets 2,121,406 1,915,297    
Accrued investment income 470,074 427,893    
Liabilities        
Interest-sensitive contract liabilities 19,748,683 18,004,526    
Long-term debt 3,381,411 2,787,873    
Collateral finance and securitization notes 635,300 681,961    
Reported Value Measurement [Member]        
Assets        
Mortgage loans on real estate (net of valuation allowances) [1] 5,405,422 4,966,298    
Policy loans [1] 1,319,722 1,344,980    
Funds withheld at interest [1] 5,576,162 5,655,055    
Cash and cash equivalents [1] 1,532,397 1,404,566    
Short-term investments [1] 32,320 36,607    
Other invested assets [1] 1,122,777 945,731    
Accrued investment income [1] 470,074 427,893    
Liabilities        
Interest-sensitive contract liabilities [1] 16,367,006 14,547,436    
Long-term debt [1] 3,381,411      
Debt, Long-term and Short-term, Combined Amount [1]   2,787,873    
Collateral finance and securitization notes [1] 635,300 681,961    
Estimate of Fair Value Measurement [Member]        
Assets        
Mortgage loans on real estate (net of valuation allowances) 5,598,551 4,917,416    
Policy loans 1,319,722 1,344,980    
Funds withheld at interest 5,882,101 5,802,518    
Cash and cash equivalents 1,532,397 1,404,566    
Short-term investments 32,320 36,607    
Other invested assets 1,151,725 941,449    
Accrued investment income 470,074 427,893    
Liabilities        
Interest-sensitive contract liabilities 17,283,769 14,611,011    
Long-term Debt, Fair Value 3,508,853      
Debt, Long-term and Short-term, Combined Amount   2,752,047    
Collateral finance and securitization notes 584,310 626,731    
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 1 Member        
Assets        
Mortgage loans on real estate (net of valuation allowances) 0 0    
Policy loans 0 0    
Funds withheld at interest 0 0    
Cash and cash equivalents 1,532,397 1,404,566    
Short-term investments 32,320 36,607    
Other invested assets 5,317 4,640    
Accrued investment income 0 0    
Liabilities        
Interest-sensitive contract liabilities 0 0    
Long-term Debt, Fair Value 0      
Debt, Long-term and Short-term, Combined Amount   0    
Collateral finance and securitization notes 0 0    
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 2 Member        
Assets        
Mortgage loans on real estate (net of valuation allowances) 0 0    
Policy loans 1,319,722 1,344,980    
Funds withheld at interest 0 0    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 83,680 83,203    
Accrued investment income 470,074 427,893    
Liabilities        
Interest-sensitive contract liabilities 0 0    
Long-term Debt, Fair Value 0      
Debt, Long-term and Short-term, Combined Amount   0    
Collateral finance and securitization notes 0 0    
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 3 Member        
Assets        
Mortgage loans on real estate (net of valuation allowances) 5,598,551 4,917,416    
Policy loans 0 0    
Funds withheld at interest 5,882,101 5,802,518    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 661,289 477,214    
Accrued investment income 0 0    
Liabilities        
Interest-sensitive contract liabilities 17,283,769 14,611,011    
Long-term Debt, Fair Value 3,508,853      
Debt, Long-term and Short-term, Combined Amount   2,752,047    
Collateral finance and securitization notes 584,310 626,731    
Estimate of Fair Value Measurement [Member] | Fair Value Measured at Net Asset Value Per Share [Member]        
Assets        
Mortgage loans on real estate (net of valuation allowances) 0 0    
Policy loans 0 0    
Funds withheld at interest 0 0    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 401,439 376,392    
Accrued investment income 0 0    
Liabilities        
Interest-sensitive contract liabilities 0 0    
Long-term Debt, Fair Value 0      
Debt, Long-term and Short-term, Combined Amount   0    
Collateral finance and securitization notes $ 0 $ 0    
[1]
Carrying values presented herein may differ from those in the Company’s condensed consolidated balance sheets because certain items within the respective financial statement captions may be measured at fair value on a recurring basis.