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Fair Value of Financial Instruments - Carrying Amount and Fair Value of Financial Instruments (Detail) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Financial assets    
Fair value of bonds held-to-maturity $ 9,063,688 $ 8,130,084
Fixed maturity securities, bonds available-for-sale 6,826,245 6,215,563
Equity securities 1,678,657 1,530,228
Policy loans 380,018 376,254
Short-term investments 398,948 206,760
Separate account assets 1,025,370 918,369
Financial liabilities    
Separate account liabilities 1,025,370 918,369
Fair Value, Inputs, Level 1, 2 and 3    
Financial assets    
Separate account assets 1,008,309 905,824
Financial liabilities    
Separate account liabilities 1,008,309 905,824
Carrying Amount    
Financial assets    
Fair value of bonds held-to-maturity 8,715,569 8,211,449
Fixed maturity securities, bonds available-for-sale 6,826,245 6,215,563
Equity securities 1,678,657 1,530,228
Equity-indexed options 224,184 148,006
Mortgage loans on real estate, net allowance 4,936,605 5,124,707
Policy loans 380,018 376,254
Short-term investments 398,948 206,760
Separate account assets 1,025,370 918,369
Separately managed accounts 40,093 16,532
Total financial assets 24,225,689 22,747,868
Financial liabilities    
Investment contracts 10,394,516 10,003,990
Embedded derivative liability for equity-indexed contracts 691,766 596,075
Notes payable 159,043 137,963
Separate account liabilities 1,025,370 918,369
Total financial liabilities 12,270,695 11,656,397
Fair Value    
Financial assets    
Fair value of bonds held-to-maturity 9,063,688 8,130,084
Fixed maturity securities, bonds available-for-sale 6,826,245 6,215,563
Equity securities 1,678,657 1,530,228
Equity-indexed options 224,184 148,006
Mortgage loans on real estate, net allowance 5,056,220 5,049,468
Policy loans 380,018 376,254
Short-term investments 398,948 206,760
Separate account assets 1,025,370 918,369
Separately managed accounts 40,093 16,532
Total financial assets 24,693,423 22,591,264
Financial liabilities    
Investment contracts 10,394,516 10,003,990
Embedded derivative liability for equity-indexed contracts 691,766 596,075
Notes payable 159,043 137,963
Separate account liabilities 1,025,370 918,369
Total financial liabilities $ 12,270,695 $ 11,656,397