CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income	$ 18,275	$ 58,339
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment (gains) losses	44,370	43,260
Amortization of DAC and VOBA	58,073	20,784
Capitalization of DAC	(101,064)	(81,898)
Depreciation and amortization expense	16,556	15,268
Deferred income tax	5,229	12,118
Accrued income tax	70,879	4,812
Interest credited to universal life and investment products	178,238	160,239
Policy fees assessed on universal life and investment products	(351,128)	(335,883)
Change in reinsurance receivables	(9,544)	20,120
Change in accrued investment income and other receivables	5,861	(7,999)
Change in policy liabilities and other policyholders’ funds of traditional life and health products	(86,358)	(96,788)
Trading securities:
Maturities and principal reductions of investments	53,420	44,041
Sale of investments	67,298	85,382
Cost of investments acquired	(129,346)	(114,390)
Other net change in trading securities	(10,901)	3,801
Amortization of premiums and accretion of discounts on investments and mortgage loans	73,456	142,522
Change in other liabilities	64,714	48,360
Other, net	(16,271)	21,036
Net cash (used in) provided by operating activities	(48,243)	43,124
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	150,422	166,329
Sale of investments, available-for-sale	436,917	269,457
Cost of investments acquired, available-for-sale	(671,269)	(619,571)
Change in investments, held-to-maturity	18,000	11,000
Mortgage loans:
New lendings	(248,231)	(373,108)
Repayments	206,111	177,142
Change in investment real estate, net	583	832
Change in policy loans, net	20,973	14,729
Change in other long-term investments, net	(136,831)	(33,830)
Change in short-term investments, net	191,448	17,284
Net unsettled security transactions	48,994	7,361
Purchase of property, equipment, and intangibles	(2,244)	(8,023)
Amounts received from reinsurance transaction	0	0
Net cash provided by (used in) investing activities	14,873	(370,398)
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations	(18,250)	(11,000)
Secured financing liabilities	(238,802)	29,504
Dividends/Return of capital to parent company	0	0
Investment product deposits and change in universal life deposits	884,607	901,387
Investment product withdrawals	(512,323)	(551,597)
Other financing activities, net	(97)	0
Net cash provided by financing activities	115,135	368,294
Change in cash	81,765	41,020
Cash at beginning of period	178,855	214,439
Cash at end of period	$ 260,620	$ 255,459