CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net income	$ 70,543	$ 147,971
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment (gains) losses	76,958	56,304
Amortization of DAC and VOBA	110,703	44,238
Capitalization of DAC	(225,705)	(135,010)
Depreciation and amortization expense	33,335	30,347
Deferred income tax	(44,728)	43,897
Accrued income tax	118,580	1,010
Interest credited to universal life and investment products	389,009	326,949
Policy fees assessed on universal life and investment products	(748,474)	(666,174)
Change in reinsurance receivables	118,809	87,835
Change in accrued investment income and other receivables	6,506	19,622
Change in policy liabilities and other policyholders’ funds of traditional life and health products	(247,841)	(169,825)
Trading securities:
Maturities and principal reductions of investments	117,994	77,697
Sale of investments	118,370	136,007
Cost of investments acquired	(206,741)	(193,774)
Other net change in trading securities	13,791	12,504
Amortization of premiums and accretion of discounts on investments and mortgage loans	150,283	218,944
Change in other liabilities	74,343	116,147
Other, net	30,565	(92,287)
Net cash (used in) provided by operating activities	(43,700)	62,402
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	589,668	349,560
Sale of investments, available-for-sale	1,415,134	859,788
Cost of investments acquired, available-for-sale	(2,118,059)	(1,455,068)
Change in investments, held-to-maturity	39,000	21,000
Mortgage loans:
New lendings	(811,103)	(745,445)
Repayments	494,729	373,836
Change in investment real estate, net	615	1,546
Change in policy loans, net	25,361	15,431
Change in other long-term investments, net	(224,526)	(6,244)
Change in short-term investments, net	(77,639)	(53,104)
Net unsettled security transactions	141,791	11,312
Purchase of property, equipment, and intangibles	(6,696)	(15,515)
Cash received from reinsurance transaction	20,669	0
Net cash used in investing activities	(511,056)	(642,903)
Cash flows from financing activities
Borrowings under subordinated debt	110,000	0
Issuance (repayment) of non-recourse funding obligations	(38,987)	(21,000)
Secured financing liabilities	(913,210)	(357,596)
Dividends/Return of capital to parent company	0	(140,000)
Investment product deposits and change in universal life deposits	2,933,610	2,240,760
Investment product withdrawals	(1,551,086)	(1,111,905)
Other financing activities, net	(194)	0
Net cash provided by financing activities	540,133	610,259
Change in cash	(14,623)	29,758
Cash at beginning of period	178,855	214,439
Cash at end of period	$ 164,232	$ 244,197