CONSOLIDATED QUARTERLY RESULTS - UNAUDITED

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

CONSOLIDATED QUARTERLY RESULTS — UNAUDITED

The Company's unaudited consolidated quarterly operating data for the period of February 1, 2015 to December 31, 2015 (Successor Company), the period of January 1, 2015 to January 31, 2015 (Predecessor Company), and for the year ended December 31, 2014 (Predecessor Company) is presented below. In the opinion of management, all adjustments (consisting only of normal recurring items) necessary for a fair statement of quarterly results have been reflected in the following data. It is also management's opinion, however, that quarterly operating data for insurance enterprises are not necessarily indicative of results that may be expected in succeeding quarters or years. In order to obtain a more accurate indication of performance, there should be a review of operating results, changes in shareowner's equity, and cash flows for a period of several quarters.



	First Quarter⁽¹⁾			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Successor Company
February 1, 2015 to December 31, 2015
Premiums and policy fees	$	506,386		$	828,058		$	793,572		$	864,806
Reinsurance ceded	(146,813		)	(351,196		)	(312,256		)	(364,606		)
Net of reinsurance ceded	359,573			476,862			481,316			500,200
Net investment income	272,211			408,147			413,544			438,894
Realized investment gains (losses)	(40,004		)	(97,515		)	37,140			(35,113		)
Other income	49,181			75,459			74,671			72,476
Total revenues	640,961			862,953			1,006,671			976,457
Total benefits and expenses	616,425			898,520			850,550			867,359
Income before income tax	24,536			(35,567		)	156,121			109,098
Income tax expense	8,116			(9,991		)	42,542			33,824
Net income	$	16,420		$	(25,576	)	$	113,579		$	75,274
(1) First quarter includes February 1, 2015 to March 31, 2015


	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Predecessor Company
For The Year Ended December 31, 2014
Premiums and policy fees	$	812,323		$	848,183		$	755,300		$	867,263
Reinsurance ceded	(333,506		)	(348,255		)	(283,104		)	(430,878		)
Net of reinsurance ceded	478,817			499,928			472,196			436,385
Net investment income	514,037			525,576			532,861			525,539
Realized investment gains (losses)	30,981			42,386			39,299			71,869
Other income	65,514			71,296			72,404			85,119
Total revenues	1,089,349			1,139,186			1,116,760			1,118,912
Total benefits and expenses	937,738			966,571			932,640			888,469
Income before income tax	151,611			172,615			184,120			230,443
Income tax expense	49,062			56,572			62,287			78,917
Net income	$	102,549		$	116,043		$	121,833		$	151,526



	January 1, 2015 to January 31, 2015
Predecessor Company	(Dollars In Thousands)
Premiums and policy fees	$	260,582
Reinsurance ceded	(91,632		)
Net of reinsurance ceded	168,950
Net investment income	164,605
Realized investment gains (losses)	102,703
Other income	23,388
Total revenues	459,646
Total benefits and expenses	326,799
Income before income tax	132,847
Income tax expense	44,325
Net income	$	88,522