Derivative Investments (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

The tables below present the fair value of derivative instruments.

	December 31, 2015
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	38,409
Fixed-index products				Universal Life and Annuity Contracts	$	58,359
Total		$	38,409		$	58,359

	December 31, 2014
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	114,287
Fixed-index products				Universal Life and Annuity Contracts	$	133,236
Total		$	114,287		$	133,236

Schedule of Derivative Instruments in Condensed Consolidated Statements of Earnings

The table below presents the effect of derivative instruments in the consolidated statements of earnings for the years ended December 31, 2015 and 2014.

		Amount of Gain or (Loss) Recognized In Income on Derivatives
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized In Income on Derivatives	2015			2014		2013
		(In thousands)
Equity index options	Net investment income	$	(61,750	)	68,616		225,899
Fixed-indexed products	Universal life and annuity contract interest	60,749			(69,480	)	(229,404	)
		$	(1,001	)	(864	)	(3,505	)