XML 65 R48.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Values of Financial Instruments (Carrying Amounts and Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Fixed maturity securities, available for sale $ 39,804,617 $ 51,305,943
Derivative instruments 431,727 1,277,480
Other investments 1,817,085 1,247,024
Coinsurance deposits (net of allowance for credit losses of $8,737 as of 2022 and $2,264 as of 2021) 13,208,399 8,850,608
Liabilities    
Policy benefit reserves 61,118,134 65,477,778
Other policy funds - FHLB 300,000  
Carrying Amount    
Assets    
Fixed maturity securities, available for sale 39,804,617 51,305,943
Mortgage loans on real estate 6,949,027 5,687,998
Real estate investments 1,056,063 337,939
Limited partnerships and limited liability companies 684,835 168,711
Derivative instruments 431,727 1,277,480
Other investments 1,817,085 1,247,024
Cash and cash equivalents 1,919,669 4,508,982
Coinsurance deposits (net of allowance for credit losses of $8,737 as of 2022 and $2,264 as of 2021) 13,208,399 8,850,608
Liabilities    
Policy benefit reserves 60,743,370 65,076,041
Single premium immediate annuity (SPIA) benefit reserves 212,119 226,207
Other policy funds - FHLB 300,000 0
Notes and loan payable 792,073 496,250
Subordinated debentures 78,753 78,421
Fair Value    
Assets    
Fixed maturity securities, available for sale 39,804,617 51,305,943
Mortgage loans on real estate 6,502,463 5,867,227
Real estate investments 1,056,063 337,939
Limited partnerships and limited liability companies 684,835 168,711
Derivative instruments 431,727 1,277,480
Other investments 1,817,085 1,247,024
Cash and cash equivalents 1,919,669 4,508,982
Coinsurance deposits (net of allowance for credit losses of $8,737 as of 2022 and $2,264 as of 2021) 12,000,116 7,938,292
Liabilities    
Policy benefit reserves 55,572,896 56,375,076
Single premium immediate annuity (SPIA) benefit reserves 221,130 235,891
Other policy funds - FHLB 300,000 0
Notes and loan payable 774,220 569,485
Subordinated debentures $ 87,293 $ 93,721