SIGNIFICANT TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2018

Summary of fair values of the net assets acquired



	Fair Value As of May 1, 2018
	(Dollars in Thousands)
Assets
Fixed maturities	$	12,588,512
Mortgage loans	435,405
Policy loans	131,489
Total investments	13,155,406
Cash	38,456
Accrued investment income	152,030
Reinsurance receivables	272
Value of business acquired	336,862
Other assets	916
Total assets	13,683,942
Liabilities
Future policy benefits and claims	$	11,747,501
Unearned premiums	—
Total policy liabilities and accruals	11,747,501
Annuity account balances	1,823,444
Other policyholders’ funds	41,936
Other liabilities	71,061
Total liabilities	13,683,942
Net assets acquired	$	—

Pro forma information

The following unaudited pro forma condensed consolidated results of operations assumes that the aforementioned transactions of the Life Business were completed as of January 1, 2017. The unaudited pro forma condensed results of operations are presented solely for information purposes and are not necessarily indicative of the consolidated condensed results of operations that might have been achieved had the transaction been completed as of the date indicated:



	Unaudited
	For The Year Ended December 31, 2018		For The Year Ended December 31, 2017
	(Dollars In Thousands)
Revenue	$	5,082,755	$	5,548,132
Net income	$	240,071	$	1,309,876