XML 55 R43.htm IDEA: XBRL DOCUMENT v3.5.0.2
DAI-ICHI MERGER - Summary of Consideration Paid and Fair Value of Assets Acquired and Liabilities Assumed (Details)
$ in Thousands
Feb. 01, 2015
USD ($)
Assets  
Goodwill $ 735,700
Dai-ichi Life | Protective Life Corporation  
Assets  
Fixed maturities 38,342,948
Equity securities 699,081
Mortgage loans 5,580,229
Investment real estate 7,456
Policy loans 1,751,872
Other long-term investments 657,346
Short-term investments 311,236
Total investments 47,350,168
Cash 378,903
Accrued investment income 483,691
Accounts and premiums receivable 104,260
Reinsurance receivables 5,538,637
Value of business acquired 1,278,064
Goodwill 735,712
Other intangibles 683,000
Property and equipment 102,736
Other assets 224,555
Income tax receivable 50,117
Assets related to separate accounts  
Variable annuity 12,970,587
Variable universal life 819,188
Total assets 70,719,618
Liabilities  
Future policy and benefit claims 30,195,397
Unearned premiums 622,278
Total policy liabilities and accruals 30,817,675
Stable value product account balances 1,932,277
Annuity account balances 10,941,661
Other policyholders’ funds 1,388,083
Other liabilities 1,533,666
Deferred income taxes 1,861,632
Non-recourse funding obligations 1,895,636
Repurchase program borrowings 50,000
Liabilities related to separate accounts  
Variable annuity 12,970,587
Variable universal life 819,188
Total liabilities 64,210,405
Net assets acquired $ 6,509,213