XML 20 R79.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value of Financial Instruments Level 3 Liabilities - Unobservable inputs (Details) (Level 3, USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Embedded derivatives EIA/VED
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Total Level 3 liabilities 153.9pnx_EmbeddedDerivativesFairValue
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91.9pnx_EmbeddedDerivativesFairValue
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Embedded derivatives EIA/VED | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Mortality rate   97.00%pnx_FairValueInputsMortalityRate
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CSA Rate 3.08%pnx_FairValueInputsCSARate
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3.23%pnx_FairValueInputsCSARate
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Embedded derivatives EIA/VED | Minimum | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Swap curve 0.24%pnx_FairValueInputsSwapCurve
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0.19%pnx_FairValueInputsSwapCurve
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Mortality rate 97.00%pnx_FairValueInputsMortalityRate
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Lapse rate 0.04%pnx_FairValueInputsLapseRate
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0.02%pnx_FairValueInputsLapseRate
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Embedded derivatives EIA/VED | Maximum | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Swap curve 2.55%pnx_FairValueInputsSwapCurve
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3.79%pnx_FairValueInputsSwapCurve
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Mortality rate 105.00%pnx_FairValueInputsMortalityRate
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103.00%pnx_FairValueInputsMortalityRate
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Lapse rate 46.44%pnx_FairValueInputsLapseRate
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47.15%pnx_FairValueInputsLapseRate
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Embedded derivatives GMAB/GMWB
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Total Level 3 liabilities (6.4)pnx_EmbeddedDerivativesFairValue
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(4.1)pnx_EmbeddedDerivativesFairValue
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Embedded derivatives GMAB/GMWB | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Mortality rate 105.00%pnx_FairValueInputsMortalityRate
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105.00%pnx_FairValueInputsMortalityRate
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CSA Rate 3.08%pnx_FairValueInputsCSARate
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3.23%pnx_FairValueInputsCSARate
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Embedded derivatives GMAB/GMWB | Minimum | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Swap curve 0.21%pnx_FairValueInputsSwapCurve
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0.15%pnx_FairValueInputsSwapCurve
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Volatility surface 9.89%pnx_FairValueInputsVolatilitySurface
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10.85%pnx_FairValueInputsVolatilitySurface
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Lapse rate 0.00%pnx_FairValueInputsLapseRate
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0.00%pnx_FairValueInputsLapseRate
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Embedded derivatives GMAB/GMWB | Maximum | Income Approach Valuation Technique
   
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Swap curve 2.76%pnx_FairValueInputsSwapCurve
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4.15%pnx_FairValueInputsSwapCurve
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Volatility surface 67.34%pnx_FairValueInputsVolatilitySurface
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46.33%pnx_FairValueInputsVolatilitySurface
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Lapse rate 40.00%pnx_FairValueInputsLapseRate
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40.00%pnx_FairValueInputsLapseRate
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