CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Jan. 31, 2015	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2014
Successor
Cash flows from operating activities
Net income		$ 179,697	$ 352,608
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment losses (gains)		135,492	(122,672)
Amortization of deferred policy acquisition costs and value of business acquired		95,064	150,298
Capitalization of deferred policy acquisition costs		(300,190)	(330,302)
Depreciation and amortization expense		45,829	36,942
Deferred income tax		27,769	208,736
Accrued income tax		126,701	(168,786)
Interest credited to universal life and investment products		682,836	699,227
Policy fees assessed on universal life and investment products		(1,056,092)	(1,262,166)
Change in reinsurance receivables		231,081	246,768
Change in accrued investment income and other receivables		25,259	(58,493)
Change in policy liabilities and other policyholders’ funds of traditional life and health products		(176,920)	(222,438)
Trading securities:
Maturities and principal reductions of investments		114,501	154,633
Sale of investments		135,465	459,802
Cost of investments acquired		(220,094)	(532,429)
Other net change in trading securities		73,376	22,427
Amortization of premiums and accretion of discounts on investments and mortgage loans		373,362	374,726
Change in other liabilities		6,336	182,973
Other income - gains on repurchase of non-recourse funding obligations		0	0
Other, net		(46,128)	(18,093)
Net cash provided by operating activities		453,344	173,761
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale		1,052,198	1,299,324
Sale of investments, available-for-sale		1,334,251	1,952,696
Cost of investments acquired, available-for-sale		(3,496,997)	(4,858,159)
Change in investments, held-to-maturity		(65,000)	(2,181,000)
Mortgage loans:
New lendings		(1,466,020)	(1,396,283)
Repayments		1,306,034	863,873
Change in investment real estate, net		(3,662)	2,851
Change in policy loans, net		52,364	49,268
Change in other long-term investments, net		(73,948)	(251,987)
Change in short-term investments, net		(11,271)	(61,094)
Net unsettled security transactions		(64,615)	28,853
Purchase of property and equipment		(6,823)	(2,863)
Cash received from or paid for acquisitions, net of cash acquired		0	320,967
Net cash (used in) provided by investing activities		(1,443,489)	(4,233,554)
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations		65,000	2,169,700
Repurchase program borrowings		388,185	359,536
Capital contributions from PLC		0	0
Dividends/Return of capital to the parent company		(255,042)	(540,000)
Investment product deposits and change in universal life deposits		3,064,373	4,393,596
Investment product withdrawals		(2,438,916)	(2,320,958)
Other financing activities, net		0	0
Net cash provided by (used in) financing activities		823,600	4,061,874
Change in cash		(166,545)	2,081
Cash at beginning of period		378,903	212,358
Cash at end of period	$ 378,903	212,358	$ 214,439
Predecessor
Cash flows from operating activities
Net income	88,522			$ 491,951
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment losses (gains)	(102,703)			(184,535)
Amortization of deferred policy acquisition costs and value of business acquired	4,817			308,320
Capitalization of deferred policy acquisition costs	(22,799)			(293,612)
Depreciation and amortization expense	796			7,401
Deferred income tax	91,709			65,075
Accrued income tax	(48,469)			10,751
Interest credited to universal life and investment products	79,088			824,418
Policy fees assessed on universal life and investment products	(90,288)			(1,038,180)
Change in reinsurance receivables	(98,148)			100,348
Change in accrued investment income and other receivables	(1,285)			14,332
Change in policy liabilities and other policyholders’ funds of traditional life and health products	176,119			92,823
Trading securities:
Maturities and principal reductions of investments	17,946			114,793
Sale of investments	26,422			353,250
Cost of investments acquired	(27,289)			(320,928)
Other net change in trading securities	(26,901)			(69,641)
Amortization of premiums and accretion of discounts on investments and mortgage loans	3,420			52,770
Change in other liabilities	211,031			197,442
Other income - gains on repurchase of non-recourse funding obligations	0			(7,393)
Other, net	(133,928)			(75,731)
Net cash provided by operating activities	148,060			643,654
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	59,028			1,198,690
Sale of investments, available-for-sale	200,716			2,273,909
Cost of investments acquired, available-for-sale	(150,030)			(3,602,600)
Change in investments, held-to-maturity	0			(70,000)
Mortgage loans:
New lendings	(100,530)			(925,910)
Repayments	45,741			1,285,489
Change in investment real estate, net	7			13,032
Change in policy loans, net	6,365			57,507
Change in other long-term investments, net	(25,372)			(87,522)
Change in short-term investments, net	(39,312)			(71,015)
Net unsettled security transactions	37,510			30,212
Purchase of property and equipment	(648)			(8,088)
Cash received from or paid for acquisitions, net of cash acquired	0			(906)
Net cash (used in) provided by investing activities	33,475			92,798
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations	0			32,348
Repurchase program borrowings	0			(300,000)
Capital contributions from PLC	0			4,529
Dividends/Return of capital to the parent company	0			(300,000)
Investment product deposits and change in universal life deposits	169,233			2,576,727
Investment product withdrawals	(240,147)			(2,827,305)
Other financing activities, net	(4)			(44)
Net cash provided by (used in) financing activities	(70,918)			(813,745)
Change in cash	110,617			(77,293)
Cash at beginning of period	268,286	$ 378,903		345,579
Cash at end of period	$ 378,903			$ 268,286